How Americans Are Saving Thousands of Dollars A Year With These Benefits, Grants and Discounts
Every year, billions of dollars in grant money are budgeted by the government to help taxpayers cover heating bills, living expenses, education, and more – not to mention unclaimed money that the government holds, which usually sits unclaimed for years.
Many of these programs are easily accessible online, and some of them will expire shortly, so take a look at the items below before it's too late.
1. Your Auto Insurer Doesn't Want You To See This New Website
The majority of car owners keep the same auto policy from year-to-year, even though their rates probably creep up each year. If you're at the point where you're paying more than $65 per month for your car insurance, you're probably overpaying. This new website can check for discounts in your exact zip code in just a few minutes to see how much you can save by switching insurers – start by entering your zip code to see if you're overpaying.
2. Want A Free Cell Phone? Little Known Government Program That May Lower Or Eliminate Your Cell Phone Bill
These days, being connected with a cellphone and home internet is almost as important as traditional utilities like water and electricity, and the government has budgeted to support low-income taxpayers who are struggling to pay their bills for these essential services.
You can find out if you qualify for this benefit based on a few simple questions, and once you are approved, you can use your benefit with any participating company – even if you are already a customer.
3. Own A Home? Protect Against Unexpected Maintenance Costs.
Homeowner's insurance provides peace of mind against massive expenses due to covered losses such as fire or storm damage, but aren't of practical use for things like repairing or replacing a hot water heater, electrical system, or dishwasher. These costs are much more common and can add up quickly – between 1 and 4% of your home's value each year! This means that a home valued at $150,000 should budget between $1,500 and $6,000 each year for repair costs.
You can stay ahead of these costs and save money on maintenance costs with a home warranty. Homeowners should check to see if their home qualifies for home warranty coverage.
4. Can’t Afford Your Utility Bills? Check Out Available Federal Benefits
Low-income households that can’t afford their energy bills may benefit from one of the many government benefits meant to provide assistance. These federal programs help low-income households pay for home energy bills, cover the cost of an energy crisis, and pay for weatherization repairs. You can check if you qualify on this website.
5. Rent Payment Relief For Low- to Moderate-Income Families
With unemployment skyrocketing around the world, it is increasingly difficult for many families to cover their housing costs. Federal programs exist to help ensure all taxpayers have access to safe, affordable housing. Many people who qualify don't even realize and never claim their benefits. If you are having trouble paying your housing expenses, check to see if you qualify for housing assistance.
6. Try This Genius Debt Payoff Plan If You Have Over $15k In Credit Card Debt
Unemployment and furloughs are leaving record numbers of families unable to cover their costs of living, and also their credit card debts. Falling behind on debt is a huge problem facing many people who were already carrying debt, and millions more who are relying on credit cards to pay living expenses until their jobs come back.
If your household is carrying over $15k in personal loan or credit card debt, a debt relief program like this one can help structure a plan that gives you a fighting chance to get out of debt. Check to see if you qualify for lowered payments.
7. Go Solar and Stop Paying For Utilities Altogether
Wouldn't it be amazing if your local power company stopped sending you a bill? The government has an array of often-overlooked tax credits, cash rebates, and funding programs designed to give homeowners a huge incentive to ditch fossil fuel in favor of greener options. Programs like the Green Retrofit Grant, USDA Energy Grant, and Rural Energy for American Program Grants provide funds towards the costs of installing new energy systems, including solar.
8. You May Have Lost or Unclaimed Money In Your Name
Every year states hand out billions of dollars in missing money – funds or assets that cannot be connected with the rightful owner which must be turned over to the government after a specific amount of time (usually a year). Common examples are uncashed payroll checks, court funds, dividend payments, estate proceeds, and unused gift cards.
Before the Internet, it was a real hassle to see if you were owed anything, but these days, it's incredibly easy to find out whether there's unclaimed money in your name – you can quickly search online to find out how much you're due.