Find Money You Didn't Know You Had

By Life Kit from NPR

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Description

Don't let your money disappear into a whirlpool of bank fees, takeout orders, and lattes! We'll learn how to free up more money so you can spend it on — and save it for — the things you value most.

Episode Date
Boost Your Credit Card IQ
1211
If you use credit cards in a intentional way, you can free up some valuable perks. We geek out on strategies to make credit cards work for you, without getting out of control on spending.
Here's what to remember:
- Use credit cards that have the best rewards on the things you spend the most money on.
- Protect your credit score: Always pay off your balance, don't spend more than 30 percent of your limit, don't cancel a card you've had for a long time.
- Don't outgame yourself by accepting too many new cards with sign-up bonuses.
- Know yourself: If you've had trouble with running up debt, don't tempt yourself with more cards.
Jan 14, 2019
Never Pay An Unnecessary Fee Again
1232
Don't get caught in a cycle of unnecessary overdraft fees, credit card interest and high-cost loans. A few simple tools can help you hold onto those hard-earned dollars.

Here's what to remember:
- Automation is your friend. Set your bills on autopay.
- Overdraft protection is deceptive. Link your checking account to a savings account to avoid overdraft fees.
- Set up a buffer savings account with automatic deposits.
- Don't use credit cards for emergency spending.
- If you do have an emergency, try asking your employer for your already-earned wages.
- Balance transfer checks can help with high-interest debt, but read the fine print.
Jan 14, 2019
Be The Master Of Your Budget
1309
To many, it's a dreaded task: making a budget to keep track of money. Guess what? You can do it, and we show you some tools that can help — maybe even make it fun. The founder of the popular budgeting software You Need A Budget tells us how to track your spending.

Here's what to remember:
- Don't budget just because you should: Set a goal.
- Leverage anxiety from a life change and turn it into motivation.
- Follow the 50-30-20 method.
- Use the power of scarcity.
- A roommate is worth 1,000 coffees.
- Find the budgeting technique that works for you. Here's a worksheet to get you started: https://bit.ly/2umlqex.
Jan 14, 2019
Introduction: Find Money You Didn't Know You Had
116
Don't let your money disappear into a whirlpool of bank fees, takeout orders, and lattes! In this guide, we show you how to level-up your personal finance skills — from making a spending plan, to tips and strategies for using credit cards to help and not hurt you. We'll learn how to free up more money so you can spend it on, and save it for, the things you value most.
Jan 14, 2019