Want to build up your savings or cut costs in 2024? From filing taxes and saving on insurance to buying a car and saving for travel, I'm bringing you 10 ways you can save at least $1,000 this year. And some of these can potentially save you $10,000 or more. The best part? These are strategies you can learn and do on your own. Of course, you can enlist the help of a financial expert if you want more support on your journey.
Just know that you have the ability to stash away a good chunk of money this year… and who knows, maybe you'll finally be able to take that vacation you've been dying to go on! Plus, you'll learn how to get a limited-time discount on our investing course, Six-Figure Debt to Six-Figure Net Worth.
In today's episode, you'll find out:
How to lower your tax bill with tax-loss harvesting
How car buying services (like Costco or Sam's Club) can save you money on a new car
The best way to save on flights, hotels, car rentals, and other travel necessities
When to put off income recertification for income-driven repayment plans
Why the stock market's 26% gain in 2023 could be bad news
If you should increase your policy deductibles
Why "shopping around" for insurance policies is more than a marketing gimmick
The effect of the difference in tax rates for saving vs. investing
Why you should open a retirement account if you're self-employed
When to opt for a brokerage account instead
How to file taxes the smart way
Why you're uniquely positioned to weather a potential stock market downturn
Links mentioned:
More ways to save money and cut costs with our Six-Figure Debt to Six-Figure Net Worth course
Membership clubs like Costco and Sam's Club
Travel discounts at Hotwire and Hotels.com
Like the show? There are several ways you can help!
Feeling helpless when it comes to your student loans?
Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
