How to Save Money on Rental Car Insurance

Car Rental Insurance is Confusing and Expensive. But Should You Get It?

You just landed at the airport, ready to start your beach vacation. You can’t wait to change your sweaty clothes for a swimsuit. So you head to the car rental agency to grab your car and be on your way. But first, you must make a series of important decisions that you feel completely ill-equipped to make. Do you want collision coverage on the car? What about liability insurance? Seems expensive. But the agent swears you’d be crazy not to purchase the coverage he’s selling.

Long lines at rental car agencies as renters contemplate what rental car insurance to purchase

Your eyes begin to glaze over. You quickly initial here, here, and there. Depending on your decision, you either just forked over a bunch of cash or waived coverage. Either way, one thing is likely: you don’t have good reasons for the decision you made.

I know, because I’m right there with you. Or at least I was until last week.

Over the past week, I’ve done a bunch of research to try to answer the question: When renting a car, should I buy rental car insurance?

Following is the fruit of my research. It will shape whether I accept or decline rental car insurance moving forward. (more…)

AutoSlash: How to Get the Lowest Price on a Rental Car

And Do So with the Least Amount of Effort

When renting a car, I want to get the cheapest rate possible with the least amount of effort. You, too? If so, you need to use a free site called AutoSlash. I’ve used AutoSlash dozens of times since 2011. On one occasion, AutoSlash saved me a whopping $2,178 (74%) on a 27-day SUV rental. On at least 10 separate occasions, AutoSlash saved me more than 31% off the lowest rate I could find. Due to its considerable savings and ease of use, I highly recommend using AutoSlash every time you book a rental car.

Woman in rental car holding car keys

In this post I’ll explain what AutoSlash is and show you how to use it to quickly save a ton when renting a car.

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1 Big Reason to Shop at Bed, Bath, & Beyond

And the Top 4 Stories that Illustrate their Amazing Return Policy

What if you could buy a product, use it until it wears down or breaks, and then return it—even years later—for a full refund or exchange? Sounds like wishful thinking, right? Amazingly, that is precisely how returns work at Bed, Bath, & Beyond. In this post, I’ll explain how to make the most of their generous return policy. But first, I want to share four quick stories that illustrate just how absurdly generous the policy is. You won’t believe what they are willing to let you return.

The front of a Bed, Bath, & Beyond store

Top 4 Stories of Returns to Bed, Bath, & Beyond

The following four stories illustrate the absurdly generous return policy of Bed, Bath, & Beyond:

#4. My Return of a Patio Umbrella

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Should You Get a Credit Card that Earns 5x Rewards?

You’ve probably seen commercials advertising credit cards that earn 5% cash back or 5 points per dollar spent. Compared with standard cards that often earn just 1% cash back or 1 point per dollar spent, these 5x cards seem amazing. But are they? Should you get them?

A number 5 made out of coins, representing 5x

In this post I’ll cover the 4 main cards that earn 5x rewards. I’ll then provide my recommendation for whether to get them. (more…)

Increase Your Income with 5 Topgrading Competencies

These 5 Abilities are Important and Comparatively Easy to Develop

While there are many ways to earn extra money on the side, the primary way to earn more is to get paid more for your work. Improving your skills is a key ingredient to getting paid more. But there are many ways to improve. The question is: which improvements are both easiest to make and likely to have the greatest impact on your ability, value to your employer, and income?

Man watering a plant that he is standing on

In the book Topgrading, author Bradford Smart lays out no fewer than 50 job competencies. These are 50 areas in which every employee has more or less ability. Topgrading is a book about hiring. The competencies are discussed to help an employer make a top hire.

But in reading about the competencies, I realized it could be reverse-engineered to help someone become more valuable to a current or perspective employer.

Specifically, 5 of the 50 competencies are considered by experienced Topgraders to be both highly important and easy to change. Focusing on growing in those 5 competencies presents a leveraged opportunity. They offer 5 ways to make yourself more valuable to an employer with comparative ease.

In this post I will provide a snapshot of the 50 Topgrading competencies. Then I’ll discuss how to increase your ability—and hopefully your income—through improving in the key 5. (more…)

4 Ways to Save Money on Groceries Quickly

How to Save Money on Groceries, Part 2 of 2

In my last post I argued that you can save substantially on groceries—perhaps 19% or $760 per year—by having them delivered to you rather than going grocery shopping. Doing so saves a lot of time, too. But I also acknowledged that sometimes it makes more sense to shop for groceries in store. When shopping in store, there are still ways to quickly save money on groceries.

Woman in grocery store, contemplating which groceries to buy

Following are 4 efficient ways to save money when shopping for groceries in the store: (more…)

How to Save $760 on Groceries in No Time

How to Save Money on Groceries, Part 1 of 2

The average American household spends over $4,000 per year on groceries. As a result, saving even a small percent on groceries can add up. That said, many cost-savings tactics—like clipping coupons—often aren’t worth the time. The question is: how can one save the most money on groceries in the least amount of time?

Man delivering groceries to a woman at her home

In this two-part series of posts, I’ll share 5 ways to quickly save on groceries. Today I want to share my #1 recommendation: (more…)

SeatGuru: How to Get the Best Seat on the Plane

Plus a Special Bonus Trick that I Love

Whether flying in economy, business, or first class, you want the best seat for the money you spend. Some seats—such as those near the bathrooms—you know to avoid choosing. But how can you know in advance which seats don’t recline or which have misaligned windows? On the other hand, how can you know which have extra leg room or AC power so that you can charge your device in flight? The answer is SeatGuru.

Exit row seats

I’ve used SeatGuru for many years to help me get the best seat for the money. In this post I will explain how SeatGuru works and show you how to use it to get a great seat on the plane. (more…)

4 New Opportunities to Earn $500 on the Side

You Should be able to Earn $100/hour or More with These 4 Opportunities

Four good bank offers have come out over the past week or so, as reported by Doctor of Credit. Each offer allows you to earn $500 or more. They represent a fairly easy way to add to your financial bottom line.

Chase $300, $200, or $500 offer

Here’s an overview of each of the four offers, together with my recommendation for which one(s) to get, depending on your circumstances: (more…)

How to “Priceline Hack” a Luxury Hotel on the Cheap

I Saved $85/night—a 57% Discount—the Last Time I Used This Trick

If you’re like most people, you don’t want to overpay for a hotel. At the same time, you don’t want to spend forever squeezing out every last dollar of savings. You want to quickly find and book a great hotel at a great price. If you’re going to pay cash (rather than points) for a hotel, the absolute best way I know of to quickly get a great hotel at a great price is to use the Priceline hack I describe in this post.

Times Square with "Phantom of the Opera" sign -- used to illustrate the Priceline Hack

Times Square, New York — one of the many places the Priceline hack works

The last time I used this method I booked a $150 4-star hotel in Miami for $65—a savings of $85 or 57%. Saving $85 is great. But imagine saving $85/night on a 5-night stay. That’s a savings of $425. Now imagine doing that four times per year. That’s a savings of $1,700. The savings add up quickly when you make this method of booking hotels your default method.

In this post I will explain how Priceline works. Then I’ll share the key to the trick. Finally, I’ll include a video I recorded of me using the method. That way you can see, step-by-step, exactly how to do it. (more…)