Using Gift Cards to pay bills
This neat idea is a partnership between ChargeSmart and Plasticjungle.com that allows you to basically sell unused gift cards and pay utility bills, car loans and even mortgages with the money instead. Up to 92% of the value of the card is available. Considering how many gift cards go unused, this is an idea whose time has come. This is a practical way to get some bills paid if that’s more pressing than dinner out at a restaurant you don’t particularly like. And if it eases a little financial stress, that should ease any guilt you feel at not spending it at the specified establishment.
Bill Your Friends
This tool allows you to bill your friends or roommates for services you need to split up. For example, you go to dinner with two friends and pay the bill yourself. Paydivvy allows you to bill your friends for their share. It can be used for rent and other activities too. It shows you who has paid and sends reminders to those who haven’t. Unfortunately, it does not collect from delinquent payers, but at least with this free service, you have an easy way to keep tabs on who owes you and how much.
Test Your Business Ideas
Enloop helps you build a personalized business plan for that company you’ve dreamt of starting, as well as evaluating your likelihood of success. You enter your concept and other details, and it provides personalized guidance. Small businesses are known for their high failure rate; this may be just the leg up you need to help increase your odds of success or to let you know before you invest lots of time and money that this venture may not be worth undertaking.
Help Kids Learn About Money
A new online financial education game called MoneyIsland is a great way to help your child learn financial lessons in a fun, engaging format. Geared toward ages 8-14, the game has advice from financial experts and allows them to answer questions. Parents and teachers can even track their progress, and it offers small real-life rewards.
Pay Off Debt
DebtCoach is the result of a partnership between Bills.com and Experian. It pulls your credit card balances and organizes it all your debt in one place. It includes interest rates and concession rates. Then it details various options for dealing with the debt – from recommending debt settlement to setting up your own payment schedule and others. Then, based on cost, it recommends the best option. It doesn’t affect your credit score and is free. Having all your debt, along with options for eliminating it, in one place is a great way to begin tackling the overwhelming problem of credit card debt.
Money problems can be stressful and overwhelming. Making use of these and other tools can help bring some peace back into your life.
Jessica Bosari writes about money and technology and Technology-Colleges.info, a site that matches technology students to the best information on computer networking careers and the best schools to get a technology degree.