The Penny Hoarder Issues “Urgent” Alert: 3 Companies Are Overcharging You

You’ve done what you can to cut back your spending.

You brew coffee at home, you don’t walk into Target and you refuse to order avocado toast. (Can you sense my millennial sarcasm there?)

But no matter how cognizant you are of your spending habits, you’re still stuck with those inescapable monthly bills. You know which ones we’re talking about: rent, utilities, cell phone bill, insurance, groceries…

Although we can’t swipe these off the table for you, we can stop you from OVERPAYING them…

1. Stop Overpaying at Amazon

Wouldn’t it be nice if you got an alert when you’re shopping online at Amazon or Target and are about to overpay?

That’s exactly what this free service does. 

Just add it to your browser for free, and before you check out, it’ll check other websites, including Walmart, eBay and others to see if your item is available for cheaper. Plus, you can get coupon codes, set up price-drop alerts and even see the item’s price history.

Let’s say you’re shopping for a new TV, and you assume you’ve found the best price. Here’s when you’ll get a pop up letting you know if that exact TV is available elsewhere for cheaper. If there are any available coupon codes, they’ll also automatically be applied to your order.

In the last year, this has saved people $800 million.

You can get started in just a few clicks to see if you’re overpaying online.

2. Car Insurance: Cut Your Bill by $500

When was the last time you compared car insurance rates? Chances are you’re seriously overpaying with your current policy. 

If it’s been more than six months since your last car insurance quote, you should look again. 

And if you look through a website called CheapRatesOnline, you could save yourself up to $500 a year.

It takes just two minutes to answer some questions, and their smart matching technology will show you the insurance providers that are the best fit for you. And don’t worry — they uses advanced data security and encryption technology, so all your details are safe. 

They’ve already helped millions of people find affordable car insurance. See how much money you could save with a new policy.

3. Credit Cards: Ask This Company to Help Pay Them Off

Every month, you make payments toward your credit card debt. But you never seem to make a dent. It’s because of those sky-high interest rates — as much as 24% interest. It can feel impossible to get ahead.

But Fiona could help you find offers to cut your interest rate by 70% as soon as tomorrow. 

Here’s how it works: Fiona can match you with new loan offers at a lower interest rate — as low as 5.20% APR*. That’s 70%* lower than the average credit card interest rate. And it’s the key to finally getting ahead.

You can use this new loan to pay off all your existing credit card debt, then you’ll be left with one (cheaper) monthly payment that will help you get out of debt faster.

If you have a credit score of at least 620, you could get up to $100,000. With no collateral. And terms go up to 144 months.

Worried you won’t qualify? Take two minutes to check online and see if you could cut your credit card interest rate by 70%.

*Based on creditworthiness. Average credit card interest rate is 24.72% as of 8/14/23, according to Forbes Advisor’s weekly credit card rates report.

4. See if You’re Wasting Money on Homeowners Insurance

You’re probably wasting money right now. And it’s probably on something you’d never expect — your homeowners insurance policy.

The thing is, you need it. Think about it. Basically everything you own — everything you’ve worked hard to afford — sits in your home. What happens if someone breaks in? There’s a fire? A massive water leak?

Unless you have insurance, you could be out of luck.

But you’re probably paying too much. Luckily, with a company called Lemonade, prices start at as little as $25 a month for homeowners.

Even better? No phone calls. No lengthy sign-up process. The whole process takes just 10 minutes. Just answer a few questions about your home to get started.

Some of the links in this post are from our sponsors. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin.