If you’ve been following recent events, then you’ve probably heard of a new virus called COVID-19. The thought of a new superbug sweeping the globe can be down-right scary.
What’s even scarier is the thought of being quarantined at home for extended periods of time. Especially if your job isn’t one that can be done from home.
That’s why this 7-week budgeting challenge can be exactly what we need to get through.
Week 1: Turn Old Grocery Receipts Into Cash
For most of us, grocery shopping is a weekly occurrence. And at the end of each trip awaits a receipt a mile long.
But before you crumple up that receipt and throw it in the trash, scan it with the Fetch app. Here’s why:
Fetch partners with thousands of brands that reward you points for in-store purchases. Each receipt you scan is automatically checked and points are awarded via the Fetch app.
Fetch is a great way to turn grocery shopping into extra cash or gift cards. It’s available for download in the app store for both iPhone and Android.
Week 2: Earn a Passive Income Gaming From Your Phone (Android Only)
For all you gamers that own an Android phone, you can now turn your favorite downtime activity into a serious money maker with Mistplay — the mobile game platform that pays.
Download the app and it will generate a list of free games customized to your preferences to choose from. Pick a game, play and earn reward points or “units” as the app calls them. Exchange them for gift cards from Visa, Amazon, Target, Xbox, PlayStation, and more. The more you play, the more you earn. It’s really that simple.
Then, use those gift cards to pay for some of your holiday gifts. Just doing this one simple thing is going to take a big load off of your holiday spending.
Make money while social distancing playing games with Mistplay. It’s really that easy.
Week 3: Start a Side Hustle From Home
It’s no secret that everyone and their brother has a side hustle these days. In fact, a recent survey revealed that over 50% of millennials now have a side hustle.
If you don’t have a side hustle, or you’re looking for something that can be done from home we recommend Opinion Outpost.
With Opinion Outpost, you can get paid to take surveys from the comfort of your couch. Taking paid surveys won’t make you the next millionaire, but it can definitely pay off in a pinch.
The best part? It’s super easy to get paid since the value per point is really high. It takes just 50 points (5-7 surveys) to earn a $5 Amazon gift card. And since it’s 100% free to sign up, there’s no reason to not to give it a shot.
Week 4: Make Every Purchase Count
Unfortunately, when a recession halts the economy it doesn’t mean our bills stop with it.
That’s why making every purchase count is important. And I’m not talking about only buying the bare necessities, I’m talking about earning points for every purchase you make using the app Drop.
Here’s how it works: every time you swipe your debit card you’ll be awarded points via the app (1,000 points = $1). So think about all the times you buy gas, basic necessities, groceries, or even treat-yo-self items. Those purchases can count towards points you can exchange for cash or gift cards.
Using an app like Drop is a good way to add a little extra mileage to your budget. Drop is available for both iPhone and Android.
Week 5: Stop Giving Banks Your Money
Look at your bank account statement lately? Chances are you are paying bank fees you might not have even realized you were paying. That’s why you should consider joining an online-only bank like Chime which offers 100% fee-free banking.
Here’s what makes Chime a much superior bank account:
- It’s 100% fee-free – open a Chime account now and never get another overdraft fee again
- Automatic savings – automatically round up your transactions to the nearest dollar and get difference added to your savings account
- Get paid two days early – get paid via direct deposit and you’ll get your paycheck before your coworkers.
Open your free account today and see why Chime is one of the fastest-growing bank accounts in America.
Week 6: Get a Box of Free Sample
How does a box of free products sound… Good, right!
With a company called PinchME, you can get a free sample box tailored just for you.
Not only can you get a box of free samples each month, but you can qualify for giveaways and other free product opportunities.
The best part? PinchME will send the box of samples directly to your door.
Week 7: Ask For Money When Things Are Too Tight
Getting blindsided by an unexpected expense like a medical emergency or car repairs can really put a strain on your finances. When your emergency fund can’t cover it all, Fiona can help you get the money you need quickly.
Just take two minutes to answer a couple of questions about yourself and what you need the loan for and almost instantly you’ll get a list of personalized rates from thoroughly vetted lenders. To make the whole loan rate comparison and application process easier and more straightforward. Apply for the loan with the best terms for you directly via Fiona.
The loans offered are between $1,000 and $100,000, lasting between 24 and 84 months. Rates start at 4.99% and people with a credit score of 660 or above get much better rates.