3 Unbelievably Easy Ways to Snag an Extra $500 Before the End of the Year
Are you dreaming of what an extra $500 could do for you? Maybe it could help you finally pay off that lingering credit card balance, or perhaps it could cover the cost of a much-needed new laptop. Or maybe, just maybe, it could bring you a little extra peace of mind.
While $500 may not seem like a life-changing amount of money, it can still make a significant difference in your financial situation. And the good news is, finding a way to snag an extra $500 before the end of the year might be easier than you think. Here are some tactics worth considering:
-
Open a CD: With interest rates on the rise, CDs are currently offering attractive rates. By putting some money into a CD with a high Annual Percentage Yield (APY), you could earn $500 in interest by the end of the year. Even if you don’t have a large sum to invest, a smaller amount can still earn you a decent return.
-
Claim your 401(k) match: If your employer offers a 401(k) match, make sure you’re taking full advantage of it. By contributing a portion of your salary, you could receive a matching contribution from your employer, effectively giving you free money towards your retirement savings.
- Chase the right credit card sign-up bonus: Some credit cards offer lucrative sign-up bonuses for new cardholders. By meeting the spending requirements, you could earn cash back or travel rewards equivalent to $500 or more. Just be sure to manage your spending responsibly to avoid any unnecessary costs.
An extra $500 in your pocket could make a big difference in your financial outlook. Consider these strategies to help you reach that goal and finish the year on a stronger financial footing. And if you’re interested in maximizing your credit card rewards, be sure to check out our top-rated cash back card with a 0% intro APR offer until 2025. It could be the perfect way to boost your finances even further.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The content is based on general research and may not be accurate, reliable, or up-to-date. Before making any financial decisions, it is recommended to consult with a professional financial advisor or conduct thorough research to verify the accuracy of the information presented. The author and publisher disclaim any liability for any financial losses or damages incurred as a result of relying on the information provided in this article. Readers are encouraged to independently verify the facts and information before making any financial decisions.