BillShrink is a website designed to assist you in comparing rates on your cell phone plan, local gas prices, Certificate of Deposit rates, and credit cards.
One of the first things you need to do on your journey to become “A Millionaire Nurse” is to improve your cash flow. You do that by increasing your income, and by cutting expenses. This is a “cutting expenses” exercise today!
How do you use BillShrink? Depends on which of the above things BillShrink does, that you need.
BillShrink is a free site, but does require you to give your email address, and opt-in to use their service. They do allow you to choose whether you want to get on their email list for up-dates on changes, for example if gas prices change at a station in your area-they will shoot you an email.
cellphone plan page
Now to review what BillShrink can do for you:
- Cell phone bill comparison: Answer a few questions about your current plan-or even upload your current bill-they analyze and come up with potentially cheaper alternatives-In my case, they recommended a pre-paid plan, since I spend so little time on the cell phone-When my contract is up, I will definitely consider that!
- Credit Card analysis: You tell them about your current card use, your credit score (estimate will do) and whether or not you want miles, cash rewards etc, then they come up with alternatives-in my case they recommended an “Alaska Air” card. Not sure that one helps me a whole lot…..(But to be fair, I didn’t review all the card offerings-who needs another credit card-I am preaching debt reduction here!!!!!)
- Gas prices: tell them your route to work, and they give you alternatives of “cheaper gas!” If you live in a metro-area with long commutes-this would be a real winner. As mentioned, they will also update you by email of changes-”Go Gas Wars!!)
- CD rates: I will admit to not checking this out-since I don’t have a CD to compare… But seems straightforward enough-as long as its FDIC insured-why not chase the best rate!
Now, having done a quick Google search, I have not found any real negatives about the site. They do make money, when you decide to change your card, or cell plan, and click on one of their recommended choices. So there is always a conflict of interest risk. But if you are making a change because it does indeed save you money-then I think your risk reward ratio is positive! And we are all ok with people making money, as long as it is ethical and above board…..
So please check it out. Plug in your numbers, and if anyone saves any money at Bill Shrink and let us know here. Help out your extended nurse family and share….. That is what nurses do!!!!
Tags: best gas prices, Billshrink, CD rates, cell bill analysis, cellphone cost comparison, credit card comparison
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