Cash Back Savings
Good afternoon sisters in Christ!
This post is just a quick one to share one way I save money as a keeper of the home. Some of you may already know about cash back savings but for those that don't, let me explain.
There are websites and phone apps that offer cash back on purchases so when you buy something that qualifies, through their website or app, you will receive money back to you in an account. (Sort of like electronic coupons.) Once your account reaches a certain amount, you can cash it out into your bank, paypal etc.
Let me give you an example of how this works through a phone app. I found 2 of these boxes of Atkins bars discounted to $1.00 each. We don't buy such things unless I find deals like this.
I purchased them for a total of $2.00 and when I got back to our van I took care of the receipt by opening the app, snapping a picture of the receipt and marking the quantity I purchased then uploading it through the app. Within a half hour I had $3 in my account. Do the math, I paid $2 and got $3 because that's what they had as their cash back offer on them.
Here's another example: In the picture below you can see I paid $2.06 for all that food.
(Note, we don't eat a LOT of the noodle cups on a regular basis, only when I get great deals and then I toss out the flavoring.)
The (6) noodle cups were priced at .78 each, (4) Chobani $1.22 each, (2) Oui yogurt $1.14 each and the (2) rice $1.64 each. The app I was using was offering free items and high cash back. I also stacked some on another app and deepened the discount tremendously. If you add up both purchases, I got everything for $1.06.
This is the exception, not the norm but I stay diligent and often quickly scan the apps so I always know what's being offered especially when I find sales and discounted items.
Most are offerings that over time, add up to a nice sum or allow you to purchase a quality item for an affordable price. Here's an example of how that works.
There's an offering to save $1.50 if I were to buy 3 containers of Oui yogurt. We don't normally purchase these yogurts full price because they are above what we feel we want to pay based on how we spend our money. (This is simply our choice and has nothing to do with the decisions you make for your household.)
I paid $1.14 for each container and it says you have to purchase 3 in order to get the $1.50 cash back. The cost of 3 is $3.42, minus off $1.50 = $1.92 total cost after cash back. That makes each container .64 cents each after the cash back.
Another app is offering $1.20 savings when I buy 3 Oui yogurts bringing the total cost down to .24 cents per container. In the end I will have 3 good quality yogurts and only pay .72 cents for all.
The cash back apps I use are Ibotta and Checkout 51. Ibotta is the main one I get the deals on and Checkout 51 is a rare one but every so often I find a great deal in which I can stack on top of my Ibotta purchases and over time they add up. (There are many others but you can do your own research on which ones work for you.) You can read an article here about an example of how fast small items add up:
https://titus24sisters.blogspot.com/2019/12/every-cent-counts.html
You can also receive cash back through online purchases. I use apps on my phone but there are some with actual websites if you want to go that route. Say you need an item on Amazon or Walmart etc. You would open the app or website, choose what store you want to shop at. You shop on their website like you normally would and then check out. After you have received your item, they will add the cash back to your account. I often see 5% returns on Amazon and Walmart...there are many, many stores offered though.
I won't go into the details of how the apps themselves work, that's something you can work your way through if you decide to try them as they have tutorials that take you through the processes.
I also use apps that you scan your receipt (take a picture) and they give you either cash or points that add up to store gift cards. I currently use 6 receipt apps and although you don't make much per receipt, they add up over the long haul for a few seconds of work. I make about $10-$15 each month just on receipt apps but keep in mind we travel a lot and so we make a lot of small purchases which add up to being able to scan a lot of receipts. You will have to make up your own mind if a receipt app is worth your time.
No, I'm not making any money by sharing this info and in fact I'm not going to give all the app names I use because I want people to make their own choices by doing their own research.
Another way we make money is by charging everything on our credit card and paying it off in full each week. Our credit card offers varying % of cash back on purchases which we just roll back into our bank account. We don't recommend anyone doing this unless you are absolutely diligent in completely paying it off and keeping the balance at zero. (Like I said above, we pay ours off every single week and it works well for us on the road not carrying large sums of money on us.)
There are coupon sites that offer printable coupons as well...I used to do that until we were on the road.
Watch your flyers / advertisements in the stores, match coupons or cash back and you can get some great deals.
If you do the math you can see how a little here and a little there can add up to a lot of money each year. You have to make your own decisions on what works for your household, I'm just sharing some ideas I use and hopefully it will be a blessing to some of you.
There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.
Proverbs 21:20
Have a good evening.
Blessings,
Sister Deb
This post is just a quick one to share one way I save money as a keeper of the home. Some of you may already know about cash back savings but for those that don't, let me explain.
There are websites and phone apps that offer cash back on purchases so when you buy something that qualifies, through their website or app, you will receive money back to you in an account. (Sort of like electronic coupons.) Once your account reaches a certain amount, you can cash it out into your bank, paypal etc.
Let me give you an example of how this works through a phone app. I found 2 of these boxes of Atkins bars discounted to $1.00 each. We don't buy such things unless I find deals like this.
I purchased them for a total of $2.00 and when I got back to our van I took care of the receipt by opening the app, snapping a picture of the receipt and marking the quantity I purchased then uploading it through the app. Within a half hour I had $3 in my account. Do the math, I paid $2 and got $3 because that's what they had as their cash back offer on them.
Here's another example: In the picture below you can see I paid $2.06 for all that food.
(Note, we don't eat a LOT of the noodle cups on a regular basis, only when I get great deals and then I toss out the flavoring.)
The (6) noodle cups were priced at .78 each, (4) Chobani $1.22 each, (2) Oui yogurt $1.14 each and the (2) rice $1.64 each. The app I was using was offering free items and high cash back. I also stacked some on another app and deepened the discount tremendously. If you add up both purchases, I got everything for $1.06.
This is the exception, not the norm but I stay diligent and often quickly scan the apps so I always know what's being offered especially when I find sales and discounted items.
Most are offerings that over time, add up to a nice sum or allow you to purchase a quality item for an affordable price. Here's an example of how that works.
There's an offering to save $1.50 if I were to buy 3 containers of Oui yogurt. We don't normally purchase these yogurts full price because they are above what we feel we want to pay based on how we spend our money. (This is simply our choice and has nothing to do with the decisions you make for your household.)
I paid $1.14 for each container and it says you have to purchase 3 in order to get the $1.50 cash back. The cost of 3 is $3.42, minus off $1.50 = $1.92 total cost after cash back. That makes each container .64 cents each after the cash back.
Another app is offering $1.20 savings when I buy 3 Oui yogurts bringing the total cost down to .24 cents per container. In the end I will have 3 good quality yogurts and only pay .72 cents for all.
The cash back apps I use are Ibotta and Checkout 51. Ibotta is the main one I get the deals on and Checkout 51 is a rare one but every so often I find a great deal in which I can stack on top of my Ibotta purchases and over time they add up. (There are many others but you can do your own research on which ones work for you.) You can read an article here about an example of how fast small items add up:
https://titus24sisters.blogspot.com/2019/12/every-cent-counts.html
You can also receive cash back through online purchases. I use apps on my phone but there are some with actual websites if you want to go that route. Say you need an item on Amazon or Walmart etc. You would open the app or website, choose what store you want to shop at. You shop on their website like you normally would and then check out. After you have received your item, they will add the cash back to your account. I often see 5% returns on Amazon and Walmart...there are many, many stores offered though.
I won't go into the details of how the apps themselves work, that's something you can work your way through if you decide to try them as they have tutorials that take you through the processes.
I also use apps that you scan your receipt (take a picture) and they give you either cash or points that add up to store gift cards. I currently use 6 receipt apps and although you don't make much per receipt, they add up over the long haul for a few seconds of work. I make about $10-$15 each month just on receipt apps but keep in mind we travel a lot and so we make a lot of small purchases which add up to being able to scan a lot of receipts. You will have to make up your own mind if a receipt app is worth your time.
No, I'm not making any money by sharing this info and in fact I'm not going to give all the app names I use because I want people to make their own choices by doing their own research.
Another way we make money is by charging everything on our credit card and paying it off in full each week. Our credit card offers varying % of cash back on purchases which we just roll back into our bank account. We don't recommend anyone doing this unless you are absolutely diligent in completely paying it off and keeping the balance at zero. (Like I said above, we pay ours off every single week and it works well for us on the road not carrying large sums of money on us.)
There are coupon sites that offer printable coupons as well...I used to do that until we were on the road.
Watch your flyers / advertisements in the stores, match coupons or cash back and you can get some great deals.
If you do the math you can see how a little here and a little there can add up to a lot of money each year. You have to make your own decisions on what works for your household, I'm just sharing some ideas I use and hopefully it will be a blessing to some of you.
There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.
Proverbs 21:20
Have a good evening.
Blessings,
Sister Deb
The biblical gospel...