Budget Life List

Live. Save. Explore. Repeat!

This post may affiliate links. Please see my disclosure to address your curiosity.

Are you ready for a short riddle and my (questionable) wit? To solve this puzzle you will have to use your wisdom with a dash of grit! Focus on save, receipt, and mobile and you’ll solve it!

If there is one thing I crave,

It’s to help you save.

I am after your receipt,

I find its information pretty neat.

I am only found on a mobile,

However, my reach is global.

What am I?

Shopping Apps!

Save All the Money

I love shopping apps because I am rewarded for what I am already doing – saving on groceries. Step one: shop for groceries, white gold formerly known as toilet paper, and copious amounts of hand sanitizer. Step two: capture receipt. Step three: obsess over rewards accumulating in account. Step four: celebrate Earth Day and go for a walk.

There are two types of shopping apps: specific and general. Some shopping apps want to capture specific items like Ibotta and Checkout 51. They have a list of items they want you to purchase and you have to prove your purchase before you’re rewarded. The general shopping apps, Fetch and Receipt Hog, just want your receipt and give you rewards based on what you bought. Both have their own merits: Ibotta and Checkout 51 pay better but you have to invest in name brands. Whereas, Receipt Hog and Fetch payouts are smaller but rewards accumulate faster.

If you are new to this passive side hustle, I suggest starting out with a general shopping app like Receipt Hog and Fetch. Since the required effort is at best minimal. Once you feel comfortable with those apps, then try the more time-consuming options like Ibotta and Checkout 51.

Your Receipt = Your Reward

I have zero qualms about sharing my receipts for rewards. If you get anxiety from big businesses tracking your purchases, this is probably not a healthy choice for you, just some friendly advice from your non-conspiracy-theory friend.

That disclaimer aside, Ibotta and Checkout 51 are trying to influence you to purchase certain products because they make a profit when you do. To combat this subliminal messaging, I purchase first and then look to see if it’s on the app. This way I won’t be tempted or influenced by their subtle, yet effective, marketing schemes.

Also, Ibotta and Checkout 51 have the best referral programs. Referral programs are when someone signs up for something based on the recommendations of a source. Right now, I am “the source”. My first act as “the source” is to say, I appreciate you!

It’s kind of like when you recommend a place to a friend based on your experience.  Well, BuLL Crew, here is your referral for Checkout 51. Ibotta makes you use a code ntpirqw but exchanging a code for money is still sweet!

Mobile for Life

All these apps can be downloaded onto any type of smartphone. Pro Tip: put all your shopping apps in a folder to keep your phone smart and organized. My routine is to shop, put away groceries, then start going through my shopping rewards folder, and capture receipts. This sounds like a lot of work for passive income but it takes me about five minutes from start to finish. I have been using these apps for years and consider myself a scrolling champ. However, if you are just starting this shopping reward spectacle, it will take you more time to familiarize yourself with their layout. This is why I recommend starting with one app before installing all four because drinking from a fire hose, no matter how enticing, is still a messy process.

This is just one small facet to the many ways of generating “passive” income. How do you accumulate passive income?

You got this!

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