One Tool Thats Helping Me Save Hundreds

One Tool That’s Helping Me Save Hundreds

Jake
Jake

Jake is the co-founder and co-author of The Wicked Wallet. He has a bachelor's degree in finance and is also a member of the Army Reserves. His goal as a personal finance blogger is to help educate others so that they can live life on their own terms.

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If you’re reading this post then the thought of saving money clearly interests you. I would like to start by saying that you are definitely in the right place, you can find more money savings information here. Being aware of your spending habits / needs is crucial for your financial health and learning about tools that can help you save money is very beneficial. Ibotta is a tool that’s been around for awhile but I have just recently started using it. In that short time I have been able to save hundreds. So, what is Ibotta?

Click here to create your Ibotta profile today!

Ibotta: What is It?

Ibotta is a cashback app that partners with brands and retailers to offer rebates and discounts on purchased goods and services. That means that you receive discounts or cash back when you buy certain goods at certain retailers, think of it as digital couponing. Now before you start thinking this is sketchy, (Spoiler Alert: Its’ not), check out the companies history and partners.

The company was founded by Bryan Leach who incorporated the company in 2011 and launched the official app in 2012. The company currently is affiliated with 300+ retailers. Some of the most recognizable are Amazon, Target, Walmart, Sears, Whole Foods, Home Depot, and Bed Bath & Beyond. Ibotta is a legit company that can help you save money on your everyday purchases.

Click here to create your Ibotta profile today!

How Does It Work

One of the best things about Ibotta is that it’s super easy to use. You don’t need to be tech savvy at all! The very first thing that you need to do is download the Ibotta app. Once the app is downloaded you will need to create a profile.

Fun fact: Setting up your profile is the hardest part! That’s how easy it is to use.

Now that you’ve created a profile it’s time to go shopping. Inside the app click on the “Find offers” tab at the bottom left and search retailers by category, it will look like the picture below.

If you are going grocery shopping then select “grocery” and you will find all nearby stores that are affiliated with Ibotta. After you select a store you will see all the items that store is offering cash back on.

From this point simply scroll through and select/add the items that you are going to purchase. This will move those items into the “My offers” tab. You will see a plus sign next to the offers, click that to add that item (picture below).

Note: Sometimes when selecting an offer the app will prompt you with some form of advertisement. This is normal, just wait for the ad to end and resume.

After you’ve added all the necessary offers and completed your shopping go to the register and check out like normal. Take your receipt and click the “Redeem” tab, from here you will be prompted to take a clear picture of the entire receipt or just a picture of the QR code on the receipt. Within 24 hours your Ibotta account will be credited with cash back from all qualifying purchases that you made.

That explanation was a little lengthy but the process is really easy, so just to reiterate:

  • Download the Ibotta app and create a profile.
  • Select “Find offers”, choose a shopping category and the location you are shopping at.
  • Add all the items that you plan on buying.
  • Take a picture of the receipt.
  • Wait for that money to roll in.

How Do I Get Paid

Now that you’ve used the app and have a cash balance on your account, how do you get paid. Well it’s first worth noting that you can not withdraw funds from your account until you have accumulated at least $20 (which is easy). If you have more than $20 accumulated you have the option to be paid via Paypal, Venmo, or store gift cards.

I know what your thinking and yes it really is that easy and it’s that awesome. If you want to start saving with Ibotta click here đŸ™‚

Final Thoughts

Saving seriously has never been easier. With Ibotta you can easily earn cash back every time you shop. If your not using this app then you are leaving money on the table and in effect giving money away. Take action and download this app today, start earning, start saving, and advance your financial situation.

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