So, if you have been keeping up you know the whole point of Money Yoga is stretching cash that you already have! Our mission is to combine traditional and non traditional ways to get more out of your money. Question- What is the most overlooked liquid asset that you have on hand??? Not sure what you answered, but answer is coins! Yes, quarters, dimes, nickels and the under rated penny! Some friends laugh at me because I will break my neck to pick up a penny on the ground. I actually value that penny because I know it adds up. And when its all said and done that penny just increased my net worth and all I had to do was pick it up!
I'm positive most of you have a jar or can or bucket where you throw your coins at the end of the day or week or whenever the opportuinty presents itself. But, I have 2 questions for you. 1. When is the last time you did something with the coins sitting there collecting dust, or the ones in the cushions of your couch, the ones in your car cup holder, or ladies the ones at the bottom of your purse? 2. Do you think you could be earning interest on those coins or buying something you need?
I am on a mission and I challenge you to join me! Since spring just started last week I know many of you are sprucing up your homes, cleaning and de-cluttering your spaces and finding all kinds of loose change. I want you to collect all of that change, put it in one container and finally put it to use!
I have started my cleaning and collecting and will let you know how much I find by Sunday 4/3/2016. I am going to take it to Coinstar to have it counted and cashed in for an Amazon gift card! When you opt for a gift card you don't pay a fee unlike the cash option where Coinstar charges you 10%!
Let's make ALL of our money work for us! Check those cushions, the car, the bottom of your purse, and wherever you leave it collecting dust!
Ready, Get Set, Go!!!
As promised in the Mission 2 post I am gong to tell you about my obsession with ibotta and its awesome money stretching ability!
I LOVE IBOTTA!!! Ok, let me get myself together and just tell you about the app.
The items found on ibotta are the things that you use everyday and more! There are cash rebates on everything from milk and bread, to cleaning products, to clothing and shoes to electronics! And it works at all of your favorite stores and even some restaurants. Just for example, Target, WalMart, Safeway, Best Buy, Macy's, Applebee's and even the liquor store! Everybody buys and uses at least two items listed in the ibotta app! After, I realized this and actually got started redeeming rebates I didn't know why I hadn't started sooner. Oh yes I do know why, because I don't listen just like I didn't listen at first about Ebates!
I signed up on January 8, 2016 and I opened the ibotta app on my phone for the first time the second week of February 2016. Here it is March 15, 2016 and I have gotten $186.75 in cash back and bonuses!!! I actually remember the first rebate I redeemed it was a 1L Deer Park Sparkling Water, at Giant Food Store. The water was on the shelf for regular price $1.00 and ibotta was offering a .50 cent rebate, but wait there's more.... since it was going to be my first time redeeming a rebate ibotta was going to give me .50 cents in cash back and a $10.00 bonus!!! Let me tell you I had to see it to believe it! I bought the sparkling water for $1.00 went to the car opened the ibotta app and clicked verify purchase. Then I clicked on the Giant Food Store link found the water in the list, scanned the water and then it prompted me to take a pic of my receipt. OK, I have to admit the process took a little getting used to but what happened next made it alllll worth it! About 5 minutes after I clicked done a congratulations alert came through my phone. And just like ibotta promised I received $10.50 for redeeming my first rebate!! I spent $1.00 on that water and verified my purchase in about 45 seconds and got back $10.50!! If that isn't the perfect picture of making a dollar out of 15 cents I don't know what is... I mean you do the math!
I was hype!!! I had to tell people about this gem, if I didn't, what kind of friend would I be? So I told my first friend and she signed up for ibotta using the link I sent her and she redeemed her first rebate and 5 minutes later $1.00 in cash back was in her ibotta account along with a $10.00 bonus!!! And to top it off ibotta was kind enough to also put $5.00 in my account for telling my friend about them! I immediately felt my money getting long and lean like it had been practicing yoga for years! If any of you reading this has any intention on making the most out of the money you have, you have to download ibotta!
SO SIGN UP FOR ibotta NOW USING THE BUTTON BELOW FOR YOUR $10.00 BONUS!!
#moneyyoga #neverpayfullprice #bmorefrugal #igottaibotta
I gave you Mission 1 and 2 trying to have a little Beyonce theme going, (My Beyhivers will get that), but I realized I never told you why I started this journey!
Let's just jump right in, I've always liked money and I've always liked spending it. The problem with that is without the correct making money: spending money ratio, you end up broke! I have always wanted to be able to buy whatever I want but keep my money in my pocket at the same time! So, I guess in my case that old cake saying that we are all so fond of should really be, "I want to have my money and spend it too!" Because of that, I am determined to figure out how to do both even though I am a single mom, with a monthly daycare bill of $2071.20 and a host of other expenses. Yes I said, "A monthly daycare bill of $2071.20." And don't get me wrong I have help from their dad, and my parents even help out with certain things but jeez that is a lot of money!!! I work full-time at a pretty decent job with a decent salary and even own a couple of rental properties. But, that still doesn't mean I can run out and shop till I drop without patting Peter down to make sure I can take care of Paul.
So, I decided I needed to do something! My first thought and probably most people's first thought when dealing with money issues is, " I need more money!" So then the question becomes how do I get/make more. I have dreamed of winning the lottery more times than I can count, I have started more new businesses than I care to mention and worked so many part time jobs than a stereotypical Jamaican. All to end up right where I started... wanting more money!
Finally, I decided instead of constantly trying to get more money why not find ways to stretch the money I have, making it last longer and accomplish more. I will use this blog/website to document my journey. I will be started an online savings account that will be dedicated to my journey, and I will share my balance as it grows. Well that's assuming it will grow :-)
Check out my Bank Account!
#moneyyoga #neverpayfullprice #bmorefrugal #ebatesrebates
I don't know how for years that I've missed out on, getting money back for shopping that I was going to do ANYWAY!
ok ok ok, I do know how I missed out on at least one opportunity to get paid to shop. I missed because I didn't listen!!! The opportunity I am speaking of in this case is Ebates, my best friend mentioned getting money for shopping online using Ebates a least dozen times. One time I remember was at my son's 4th birthday party June 2015. And I heard her but it went in one ear and out the other, I think it just sounded like a hassle or a confusing extra step that wouldn't be worth it! Fast forward to November 2015, its time for Christmas shopping and because she loves me she reminds me that I need to sign up for Ebates even though I have ignored her countless times. So, I finally take the 2 minutes; yes 2 minutes to sign up. And guess what not only was the sign up quick and simple it was easy to use!!! I sign in, search for the store that I am considering purchasing from, click on the store, then click shop now and it takes me directly to the stores actual site. From there I order and pay like normal. I have placed orders through Ebates at jcpenny.com, swimsuitsforall.com, target.com and even Groupon! Within 24 hours the specified % of my purchase is in my Ebates account!! Ebates, also gives referral bonuses when you refer your friends and what friend wouldn't tell a friend how to get paid for shopping online??? Right! they wouldn't be any friend of mine! Shout out to Shemeika lol
Pictured below are my first 2 checks from Ebates!! If you know like I know you would sign up today! I put my rebates in to savings but another option would be to use those extras to buy that latte that you love, that you had to cut out the budget. Start stretching your money so you can enjoy that latte again!
After being successful at getting paid to shop online I thought t was only right to keep the party going!! It made me think back to my coupon class when the teacher told us to download a series of apps some of which offer cash back for shopping in store! One of those apps is called ibotta and it has quickly become my obsession! I'll tell you all about it in another post!
Make sure you check out the "Get Paid to Shop" page to sign up for amazing opportunities to get paid to shop!
#moneyyoga #neverpayfullprice #bmorefrugal #ebatesrebates
I don't know how many times I saw the show "Extreme Couponing" or saw someone's stockpile pictures on social media and said to myself, "I need to learn how to do that!" So, sometime in 2015, I want to say in June or July I took a couponing class. It was a great class and very eye opening. Actually my mind was blown because the first thing I learned was so simple, but it finally helped me make sense of how people save so much money couponing. That lesson was a purchase vs. a transaction!!! All of this time I thought, I could only use one of a particular coupon even if I was buying multiples of the coupon. Turns out "One coupon per PURCHASE" means one coupon per item purchased and multiple purchases of that item equals a transaction. Who Knew? Well obviously not me!
After that class I dived right in I immediately went to the store to try out what I learned from the instructor because not only did she teach us the tricks of the trade she also gave us coupons!! I was hooked but there was one major problem, I just couldn't find the time to get my coupons bought, clipped and organized. So I would make a trip here and there but nothing significant. Then I realized I wasn't really putting the most important part of what I learned in that class to use!! I needed to use my resources and stop trying to reinvent the wheel! There are people all over the world wide web and social media that coupon and post deal breakdowns. People that have coupon clipping and sorting services I just needed to use them! I can't teach you to coupon in blog post but I do suggest you reference the couponing 101 page of the money yoga website for great information on couponing.
Trust me it's worth it I've gotten items for free, and a lot a very discounted price. I think there is a misconception out there that if you are bot walking out of the store paying just pennies that means you are not doing a good job couponing. Well let me tell you what you spend is sometimes relative to the type of items you bought. An example of this is, it's very possible to walk out with free Hamburger Helper but its perfectly acceptable if you have an out of pocket of $34.00 but you have two big boxes of pampers that would have normally cost you $50.00. That's still a huge win because you didn't walk in the store like you normally do and pay full price. That $16.00 can go towards whatever your heart desires, it all adds up. Today I was able to walk out of the store with $96.00 worth of products and after coupons and rebates it cost me $8.95! If that isn't making a dollar out of .15 cents I don't know what is!