What if you could save $500 on your next vacation? Or pay $2 or less for each book you want to read? All you have to do is open your inbox to the possibilities.
Email newsletters offer money-saving tips that might help you increase your student loan payments.
For the big and small purchases we all make — from airplane flights to new books — there are ways to save without having to hunt down deals and discounts.
Here are four email newsletters that could save you time and money.
4 newsletters with money-saving tips for common expenses
Keep in mind before you subscribe to any of these: Email newsletters can only save you money if they lead to purchases you would have made anyway. Make sure to purge your inbox — unsubscribe from newsletters that waste your time or encourage you to impulse-buy. Doing so will set you up for success with these four email newsletters.
1. Scott’s Cheap Flights
I signed up for Scott’s Cheap Flights after a coworker said he scored “super cheap tickets to India, Spain, and Mexico this past year alone.”
What I’ve found is a tidy, daily email addressed from Scott as if he’s a friend, telling me about extremely low airfares for specific destinations. Most importantly, Scott puts the price in context, telling you what fares usually cost and how long the discounted rates are likely to last. He offers money-saving tips so you can find cheap flights. (It’s best to fly January through mid-May, for example.)
There’s also a degree of customization. You can pick one of five departure regions and also narrow down your destination by choosing regions within Europe, Asia, Australia and New Zealand, and Latin America and the Caribbean.
Secret Flying Club and The Flight Deal are other options for frugal passengers. Their newsletters deliver many of the same deals but via articles and posts that take additional clicks and more of a time investment.
If you’re an avid reader but not married to holding a hard copy, check out BookBub. It sends a personalized daily email alerting you to discounted and free e-books. You can narrow your results by your preferred genre, even getting as specific as your favorite authors.
To clarify, BookBub doesn’t sell books; it connects you with lower-priced titles you might be interested in from the following online retailers and readers:
- Amazon’s Kindle
- Barnes & Noble’s Nook
- Apple’s iBooks
- Google Play
Although BookBub might be short on money-saving tips, its simplicity makes it perfect for readers who like good, cheap reads and don’t want to spend a lot of time combing through an email.
Groupon is still the top dog when it comes to finding activities on sale. Since absorbing competitor LivingSocial, Groupon claims 25 million active customers are shopping from 200,000-plus businesses and saving up to 70 percent per transaction.
Like Amazon and other e-commerce giants, Groupon shows you the original and discounted price of its offers, making them more tantalizing. Unlike other sites, it functions just like an email newsletter.
Sign up, set your preferences, and add one or more cities where you’re interested in experiences. The latter feature comes in handy for buying gift certificates for friends who live in other cities.
You can also select the type of categories interest you. For our purposes, “Occasions,” “Getaways,” and “Live” are most fitting.
Before making any purchases, consult each merchant’s fine print, fees, and reviews. You might find, for example, that an $8 bike rental in New York City’s Central Park only entitles you to two hours of riding — and doesn’t come with a helmet.
For free or discounted activity options that are more hyperlocal, subscribe to your town or city government website’s RSS feed. That’s the most creative way to save money.
4. Student Loan Hero
One of the most helpful email newsletters that every student loan borrower should read, the Student Loan Hero Weekly Digest hits inboxes every Thursday.
Although all of our blog posts, one way or another, are designed to help you take action on your student loan debt, this email collects our best posts for your perusal. We use it as a way to encourage you to return to the blog, but also make it convenient to skim headlines right from your email account.
If you’re interested in a week’s worth of information on student loan refinancing, you can also sign up to receive our five-part cheat sheet via email. It covers money-saving tips specific to refinancing:
- What is the difference between Consolidation and Refinancing?
- The 6 Main Benefits of Refinancing Student Loans.
- Which Student Loans Should You Refinance?
- How to Qualify For Student Loan Refinancing.
- How to Find the Best Refinancing Options By Comparing Lenders.
Getting the most out of email newsletters
The email newsletter is a funny medium. It might spur you on to do something you wouldn’t otherwise have thought to do. It could prompt you to buy a flight to Barcelona or purchase tickets to an upcoming concert because prices are low.
Understand that new — even discounted — spending still comes at a loss. So the best way to employ email newsletters is to buy the things you’d buy anyway. If, for example, you’re planning to vacation next summer and don’t have a destination in mind then, by all means, head to Spain if it’s in your budget.
That’s how you can discover actual savings, not the illusion of it.
With this in mind, sign up for deals-and-discounts newsletters at your own risk. AllYou.com, Brad’s Deals, Hip2Save, Money Saving Mom, The Krazy Coupon Lady and DealNews are some of our staff favorites.
Whether you decide to seek out savings — or have them delivered to your digital doorstep — it’s important to avoid new spending. Five minutes skimming your inbox for money-saving tips could save you hundreds on your student loan debt. And if you don’t see anything worthwhile, you can always hit delete.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 7.89% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.97% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at firstname.lastname@example.org, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.57% – 6.97%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.50% – 7.24%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|