I don’t do much traditional coupon-clipping, but I’m a huge advocate of Ibotta. Paper coupons can clutter up the house, mysteriously disappear, be lifted from your purse by your toddler, strewn across the living room floor, and chewed to a pulp by your baby… hypothetically (it could happen). Alternatively, Ibotta is paperless and all your rebates are neatly stored on your phone. It’s free, it’s intuitive, it’s fun, it saves you money, and you can clip rebates easily and quietly whenever and wherever you happen to finally find a free minute (even if this is while nursing the baby at 2am).
And now we have a choose your own adventure story:
- My whole life has been leading up to this moment! Where can I find this glorious app!?
- I already have Ibotta, and I love it.
- I need more proof… convince me.
How it Works
Ibotta is a free app that allows you to quickly and easily earn rebates on lots of common grocery and household items you already purchase. All you have to do is scan the item barcodes when you get home and take a photo of your receipt. The rebates are then added to your account and you can redeem them as gift cards or deposit the money directly into your bank account via Paypal or Venmo. Personally, I recommend the latter method… you can always buy a gift card if you need to, but the goal is to put that money back in your budget so you can save for other things, right? A house downpayment, in our case. 🙂 The rebates may seem small at first, but they really add up, especially if you can manage to complete some of the bonuses that periodically appear.
A Typical Year of Ibotta Savings
As you can see from this nifty little “Year in Review” summary that Ibotta sent me, I earned $180 using the app in 2016! Only $10 of that cash was from friend referrals (you receive $5 every time a friend signs up using your referral code, and your friend will get $10 for using your link – so share the love!), the rest was actual earnings on grocery purchases via rebates and bonuses. You may think: “Well perhaps if I spent hundreds of dollars on beet chips, frozen burritos, and organic crackers specifically for children this app would be useful, but I’m trying to SAVE money here.” And yes, at first glance, it can appear that way. I have thought these very thoughts. 😉 However, if you use the app strategically you really can save quite a bit of money on quite a small budget!
We only spend $200-$250 on groceries per month, and I hardly used Ibotta this summer because I was too distracted with having a baby, but we were still able to put $170 back in our grocery budget this year from rebates and bonuses alone – and you can too! Because Ibotta is awesome. 😀 Each week I’ll try to highlight some of my favorite ways to use the app, but think of them more as guidelines than actual rules. 😉 Everyone’s needs and purchases are different, and I’m sure that as you practice using the app, you’ll find even more ways to save – I can’t wait to hear about them!
Sign Me Up!
If you don’t have the Ibotta app installed on your phone already, click here to sign up and save some major dollars! I’ll wait. 🙂 If you use that link or enter my referral code sbvnikc when you sign up, you’ll receive a $10 welcome bonus to get you started – whoo hoo! 😀
Happy Saving! 😀