Last week I shared a new program I found called Smarter Bucks. I had a reader who made an excellent point. She said she would rather pay down her loans than do shopping to earn money toward her loan. For this or any other cash back program, I believe you have to cash back programs strategically to benefit from them. I am sure there are plenty of people who use cash back programs that don’t think things through. The key is not to purchase anything you wouldn’t normally buy. You don’t shop just to earn. It totally defeats the purpose.
I signed up for the debit card for Smarter Bucks (Smarter Bank). I will do my weekly grocery shopping with it. I also plan to use it for planned major purchases including a new laptop and a plane ticket (in the next year). I want to be thrifty and earn money to pay down my loans. I never spend money that I don’ have to. [Read more...]