When I was first trying to get out of debt and living on “rice and beans” as Dave Ramsey says, every extra dollar I could save was a small, but exciting victory. Now that we are debt-free (except the house) things are a bit looser, but the thrill of saving money – especially when I don’t have to work very hard to do it – is still pretty fun. And like I have talked about before, I see it a little like a snowball that each dollar we can save is a dollar that can be applied to paying off our mortgage early (our next financial goal).
I wrote about this one recently. I discovered that Amazon has a relatively unknown program called Subscribe and Save which allows you to purchase items (mostly dry food items or household goods) on a 1, 2, 3, or 6 month subscription basis. To encourage shoppers to subscribe they offer a 15% discount off the regular price. I did a simple price comparison test and found that I could easily save hundreds each year by using the program for some of my regular purchases. Oh and you can cancel at any time too.
But basically when making an online purchase you visit the Ebates website, and select from the 1000+ online stores and then just make your purchase as normal and you get any where from 1-25% cashback for that purchase. It is completely free and couldn’t be easier to use.
This one took a little bit more work on the front-end, but has by far yielded the most savings. Earlier this year I signed up for a PerkStreet Financial Debit Card because I was intrigued by their 2% cashback offer. So far this year we have gotten over $500 cash back from doing nothing but using our debit card for most of our daily purchases. The best thing is that once you sign up for the account and set up your direct deposit into the account, you just make your regular purchases like normal except you are now saving 2% on everything. Not a bad deal at all!
This one is a simple program where you use the website to link to your bank account (they use bank-level security) and it just keeps track of your purchases. They monitor which stores you shop at and offer you deals and coupons for those stores. If that wasn’t good enough, they also give you points for each purchase that you make which then can be redeemed for gift cards. Like all the other programs it is completely free and requires no energy on my part as it earns me rewards.
5. Find online coupons
This one can take a few minutes, but can often be worth it. Any time I am making an online purchase I google the store name and “coupon” or “coupon code” etc. Often times I can find a free-shipping or 10% off coupon in about 60 seconds.
Using them together
While I love all these money-saving tools, I particularly like when I can use them together. For example, I remember buying a pair of shoes online at a site that offered 5% cash-back with Ebates, I then found a free-shipping coupon by Googling for it, points with Offermatic were earned, and of course we earned 2% cashback with our Perkstreet card. If all that weren’t good enough, the site offered a 110% best-price guarantee, so when I found the shoes a few bucks cheaper at another site I was then able to get another $10 or so off the price. That was one of my crowning achievements as a money-saver!
FTC Disclosure of Material Connection: Some of the links in the post above may be affiliate links. This means if you click on the link and purchase the item, we will receive an affiliate commission. Regardless, we only recommend products or services we use personally and/or believe will add value to readers. Read more here.
The articles on this site should not be taken as financial advice. Please contact a financial professional for specific advice regarding your situation. Any references to interest rates, giveaways, deals, products, and websites are subject to change without notice. We try our best to keep the information current, but things are always changing so it may be different now than when it was first published. Also, all the pages on CPF help us pay the bills by using affiliate relationships with Amazon, Google, eBay and others. Find out more here.