Financial Moves You Can Make in 15 Minutes or Less
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21 Smart Financial Moves You Can Make in 15 Minutes or Less

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Hey, can you spare a few minutes? We know you’re busy, but chances are you can set aside 15 minutes to tackle some of these quickie tasks. Our collection of financial fixes—designed to save you money, get you on track to reach a goal or simplify your life—run the gamut from trimming your cable to cutting back on your phone bill. Ready? Get started.

See Also: 10 Financial Decisions You Will Regret Forever

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Financial Moves You Can Make in 15 Minutes or Less | Slide 2 of 22

Get a Better Deal on Cable

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Is your cable or internet service bill creeping upward? Call the customer-service number for your service provider and ask whether you qualify for any promotional deals. If you don’t succeed with a phone call, check whether the company has a presence on Twitter. You may get what you want by requesting a discount via tweets directed to the company’s account.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 3 of 22

Reshop Your Cell-Phone Plan

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At this Wall Street Journal interactive tool, select the number of phone lines, voice minutes, messages and gigabytes of data you need per month. You’ll see options from AT&T, Sprint, T-Mobile and Verizon.

See Also: How to Reshop Your Cell-Phone Plan

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Financial Moves You Can Make in 15 Minutes or Less | Slide 4 of 22

Put Your Savings on Autopilot

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To squirrel away money before you have a chance to miss it, create automatic, recurring transfers from checking to savings and investment accounts. Log in to your checking account and look for an option to transfer funds. Enter routing and account numbers for your savings account and choose the frequency and amount for each transfer. Then set up a transfer to your investment account, too. Watch out for any fees that your bank may charge for transferring to external accounts; you may be able to avoid fees by initiating the transfer through the savings or investment account instead.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 5 of 22

Save Extra Money With an App

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Wells Fargo's Qapital gives your savings a boost by automatically collecting small chunks of your money for you. Link your checking account to the app and create rules that will prompt transfers to Qapital’s savings account (held by Wells Fargo).

See Also: What to Know About Interest-Earning Checking Accounts

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Financial Moves You Can Make in 15 Minutes or Less | Slide 6 of 22

Never Bounce a Check Again

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Check your bank’s website for an option to link your checking account to a savings account. If you draw too much from the checking account, the bank will transfer money from the backup account (you may pay a fee of $10 to $15).

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Financial Moves You Can Make in 15 Minutes or Less | Slide 7 of 22

Search for Lost Money

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Go to MissingMoney.com and enter your name and state of residence in the search fields. If you have unclaimed property in state or local government records—such as cash in a forgotten bank account, a utility deposit or investments—your name will appear along with details on the property and directions on how to file a claim.

See Also: 8 Places to Find Free Money

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Financial Moves You Can Make in 15 Minutes or Less | Slide 8 of 22

Copy Everything in Your Wallet

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If your purse or wallet is lost or stolen, having copies or scans of the front and back of your driver’s license, credit cards, and membership and loyalty cards will make the process of suspending accounts and replacing cards go more smoothly. Keep paper copies in a safe place, and store scanned PDFs on your computer and back it up.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 9 of 22

Consolidate Loyalty Cards

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Slim down your wallet or key ring without missing out on rewards or discounts with a mobile wallet, such as Android Pay, Samsung Pay or Apple Pay’s Wallet, or download the free Key Ring app (Apple and Android). Use the camera on your phone to scan loyalty cards into the mobile wallet or app. The next time you’re in the store, show the digital version of your card’s barcode.

See Also: Mobile Wallets: A Smarter Way to Pay?

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Financial Moves You Can Make in 15 Minutes or Less | Slide 10 of 22

Sell Old Gift Cards

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At GiftCardGranny, you can sell the card to a partner site at the offered rate or list it for sale at a price you choose (you’ll pay a fee of about 10% to 15% to the listing site). You’ll receive a check in the mail or a credit to your PayPal or bank account.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 11 of 22

Redeem Credit Card Rewards

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Log in to your account and look for an option to redeem cash back, points or miles. You may choose to get a check in the mail, a credit toward your bill, or a deposit into your bank account, or to exchange points or miles for travel bookings, gift cards or merchandise.

See Also: Best Rewards Cards for Your Wallet

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Financial Moves You Can Make in 15 Minutes or Less | Slide 12 of 22

Monitor Your Subscriptions

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Truebill.com links with your bank, credit card or PayPal account to scan your monthly statements and track paid subscriptions, from your Netflix account to your gym membership. If you see a forgotten subscription or one you no longer want, use the site’s one-click cancel­lation feature. Truebill also sends a monthly report to alert you to any rate hikes or extra fees.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 13 of 22

Digitize Your Receipts

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You’ll reduce clutter from paper receipts if you organize and store them with the free Receipts by Wave app. You can photograph and categorize receipts, plus save them in the cloud so they’re accessible from the app or at Waveapps.com.

See Also: 8 Urban Myths of Personal Finance

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Financial Moves You Can Make in 15 Minutes or Less | Slide 14 of 22

Get the Best Deal Online

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To make sure you are getting the lowest price on your purchases, install two web browser add-ons. Ziftr Alerts compares prices as you shop and lets you know when it spots the item for less. Honey scours the web for coupon and discount codes—before you buy, just click the icon the extension installs on your toolbar.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 15 of 22

Test the Refinancing Waters

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After the turmoil of Brexit in late June, the 30-year fixed rate fell to 3.5%, according to Freddie Mac. To see whether a refi makes sense for you, visit the Zillow Mortgage Marketplace. Fill out an anonymous loan request with personal information and the type of mortgage you want. You’ll get instant quotes on rates, fees and payments. Before you connect with lenders, use the Zillow refi calculator to see whether you can save enough to recoup the cost of a refi before you sell the home.

See Also: Refinancing Your Home May Still Make Sense

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Financial Moves You Can Make in 15 Minutes or Less | Slide 16 of 22

Lower Your Student Loan Payments

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Go to StudentLoans.gov and click on “Repayment Estimator” under “Managing Repayment.” Enter the balance and interest rates of each of your federal loans and your income information to see what your payments would be for each repayment plan.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 17 of 22

Set a College Savings Goal

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Visit SavingforCollege.com to use the World's Simplest College Cost Calculator. You can generate estimates based on the average cost of a private or in-state public college education or the cost of a specific school. Enter how much you have saved so far and what kind of investment return you expect for your college fund (or use the calculator’s default settings). The calculator delivers an instant verdict on how much you should save each month.

See Also: Saving for College 101: State-Sponsored College Savings Plans

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Financial Moves You Can Make in 15 Minutes or Less | Slide 18 of 22

Sign Up for My Social Security

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Want to see what you’ll get when you claim benefits? Go to SSA.gov and click on “My Social Security.” Enter your personal information and answer several security questions, then create a user name and password. You’ll see a preview of your benefits.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 19 of 22

Size Up Your Retirement Stash

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Go to Kiplinger's Retirement Savings Calculator and fill in information about your salary, accumulated savings and future sources of retirement income (including Social Security benefits and any pension income). Our calculator estimates how much you need to save each month to reach your goal.

See Also: 10 Retirement Decisions You Will Regret

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Financial Moves You Can Make in 15 Minutes or Less | Slide 20 of 22

Tweak the Choices in Your 401(k)

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Log in to your account and go to the page that lets you manage your money. Look for the appropriate button or category—say, “Change My Investments” or “Change My Paycheck Deduction.” For 2016, you can contribute up to $18,000 to your 401(k) or similar employer-based plan, or up to $24,000 if you are 50 or older.

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Financial Moves You Can Make in 15 Minutes or Less | Slide 21 of 22

Get a Fatter Paycheck

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If you’ve been lending money to Uncle Sam—that is, getting a big tax refund each year—use Kiplinger’s withholding calculator to reduce your withholding. Consult your 2015 tax return and latest pay stub to fill in the blanks; you’ll have to make some educated guesses about other income and expenses. The calculator tells you how many allowances to claim. Then go to your human resources department and ask to fill out a revised W-4 form (or download the form at www.irs.gov).

See Also: How to Keep Your Tax Refund Safe (and Get Paid to Do It)

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Financial Moves You Can Make in 15 Minutes or Less | Slide 22 of 22

Reassess Your Risk Tolerance

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To create an investment plan that suits your goals and fits your personality, use Vanguard’s Investor Questionnaire as a starting point. Gather estimates of your annual Social Security or pension benefits and the balances of your 401(k), IRA and other investment accounts, then answer 11 questions about your time horizon and your tolerance for risk.

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