When I meet with my clients weekly, the most common thing I remind them to do is to focus. In order to do so, I help them find ways to streamline the long list of tasks they need to complete in their financial lives. Between budgeting apps, finding the right credit card, savings account, insurance coverage etc., the list can sometimes become daunting.
I’ve found that the more you can simplify your financial life and see everything under one roof, the better. With that comes the ability to easily access your financial situation and determine the steps needed to make it better.
That is why I am excited that Turbo understands this and has added many new features in their marketplace to do just that!
Let’s see how this works in real life.
Credit Card Offers
You review your finances and realize you have a lot of high-interest credit card debt. Your game plan? See if you qualify for any 0% APR credit card so you can do a balance transfer. Then, work on paying off the debt within the 0% APR timeframe offer.
As a Turbo customer, you can log into your app and start by searching for the credit card options. This helps you save time as it allows you as a customer to leverage the pre-set filters to narrow down the list of credit cards that fit your interests (e.g. 0% intro APR, balance transfer, rewards).
Once you find the right credit card offer for you, you can start the application process through the app.
Let’s take another example. Maybe you decide you want to apply for a personal loan to pay off any high-interest rate credit card debt. In that case, look up personal loan offers within Turbo marketplace. This process is so easy and streamlined! Additionally, it offers a pre-qualification flow, a.k.a. the lender takes information from a borrower that is already in Turbo and makes a tentative assessment of how much the lending institution is willing to lend them. After evaluating what you’re pre-qualified for, you will be able to start your application through your phone and finish on their laptop, or vice versa.
Why does this help you? Well, it allows you to search for the right personal loan within seconds on any platform at any time. Once you review your options, you can decide on the best loan for you and have the ease of starting this process all from one place.
New Insurance Feature
When it comes to insurance and protection planning, I often find that most people forget to review their needs against their policies year after year. Your life can change so much in any given year, so it’s best to get in the habit of doing an annual insurance review. You want to make sure you still hold the appropriate insurance coverage and have the best, competitive policies in the marketplace. Take time to review your health, auto, home, life insurances, to name a few.
The insurance tab on Turbo’s marketplace is the newest addition and has competitive offers across auto, life, and home insurance from reputable companies like Progressive, Esurance and AIG Direct. You’ll also be able to customize the offers that fit your personal needs. Important information on the plan will be highlighted to ease the process and compare at a glance.
There is also a home loan tab, investment tab, and student and auto loan tab. So many features all designed to help you simplify your financial to-do list and take action on what is needed most.
And like I always say, leverage technology and all the features as much as you can in your financial life. This will do wonders in saving you time and avoiding the common mistake of letting time hold you back from doing what you need to do.
The Turbo marketplace is a great solution to help you overcome this roadblock to your financial success. It is a one-stop-shop with recommended offers to help users with their financial goals. Whether you’re looking to grow your money, save money, pay down debt, or are looking for extra rewards like cash back or travel perks, Turbo marketplace has the recommended offers to fit your financial needs. Take a look and see how much time and perhaps money you can save by doing so.