Reduce, reuse, recycle

5 simple reusable swaps that will save you money in the long run [Image] ThePennyHoarder.com August 12th, 2019 If you sent your kids back to school this morning, congrats on making it through another summer! If you didn’t send your kids back to school today, we wish you all the best as you wrap up your back-to-school prep. Today, we’re talking about simple reusable products you can swap into your regular routine that will help you save money in the long run. But first... Settle Up Looking for an easy way to make money? Cashing in on a class-action settlement could hardly take less work. If you were duped into thinking your beer was brewed in the Aloha State or got a few too many rings from robocallers, you might qualify for [a cut of these class-action settlements]( . Owing Doesn’t Own You Owing money is stressful. Whether it’s the $5 you’re supposed to Venmo to your coworker or the $50 you owe the city for that parking ticket, knowing you aren’t settled up can make you feel angsty. But when it’s $5,000 — and to a credit card company that’s charging you interest for every day you don’t pay — that angst can quickly turn into full-blown anxiety. Take a deep breath. Don’t panic. You can pay off your credit card debt; you just need to make a plan that you can stick to. Not sure where to start? Here’s [a six-step guide that explains how to pay off $5,000 of credit card debt]( . Reduce, Reuse, Recycle [Reusable vs. disposable]( It’s not easy going green. Reusable products can be pricy, and when you’re on a budget, disposables often look like the more money-conscious option in the moment. But that isn’t always the case. In fact, when you purchase reusable products, you stand to save money in the long run — and it helps cut down on waste.  We know figuring out where to start can be confusing, so we took five household products and compared the costs of the reusable versions to the disposable versions. Here are [our favorite simple reusable swaps]( you can make today. [Image] WORD OF THE DAY Tax-deferred account (n): Investment accounts where contributions are deducted from your paycheck before taxes. In the future, after you reach retirement age, you’ll be required to pay income taxes on the money you withdraw from the account (most likely your 401(k) in this case).  In contrast, a Roth IRA or Roth 401(k) isn’t tax-deferred, meaning you’ll pay taxes on the front end — before the money goes into the account — but won’t pay taxes when you withdraw the money in retirement. Not sure whether a 401(k) or Roth IRA is right for you? Deciding how to allocate your retirement dollars can be stressful, and while you don’t necessarily need to choose just one or the other, there are pros and cons to each you should be aware of. Here’s [how to decide whether a Roth IRA or a 401(k) makes sense for you]( , even if retirement is decades away.  [The Penny Hoarder] [Facebook]( [Instagram]( [Twitter]( [YouTube]( The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States  You can [update your mailing preferences here]( or [unsubscribe]( from all email from The Penny Hoarder.  Questions? View our [Privacy Policy]( .  Having trouble reading this email? You can [view it online]( . Â