Today starts a 10 part series about making extra money. I love talking about this topic with people and brainstorming ways this can be done. Oftentimes, making at least a little extra money is quite simple to do but for some reason does not come easy for people. Let’s change that!
The point of this series is to help you take small & incremental steps to start earning extra income. Earning extra income can come in many ways (some you might not expect) & some may surprise you!
It can be hard to think outside of the box in your own situation, so that is where I come in. I’m doing this 10 part series on making extra money to help you think outside the box and bring some extra money in.
Once you do that, you’ll be able to use the extra money to build up your emergency fund, pay down debt, give back more or take a vacation (or anything else that excites you). So let’s have fun with this and work together to come up with ideas to make extra money!
In today’s post, we are going to start with something simple you are probably already doing – shopping online. I’m going to introduce you to a site called Ebates that allows you to earn extra money when you shop online and it’s really quite simple to do. You already do it, so why not get paid for it?!
What Is Ebates?
Ebates is a website that contains a collection of stores that allow you to earn cash back when you shop. In addition to earning cash back, Ebates has a variety of coupons you can use to save money as you earn cash back shopping online.
According to their website, “Ebates is the pioneer and leader of online cash back shopping. Ebates pays members cash back every time they shop online as well as provide them with the best coupons and deals online. Founded in 1998, Ebates Inc.’s websites have paid over $325 million in cash to its members.”
Ebates allows you to earn up to 40% cash back at your favorite stores. Stores pay Ebates a fee when you shop through their site and then Ebates shares that fee directly with you. Ebates essentially earns affiliate income from the stores and then they share that income with you.
In addition to earning cash back, Ebates make sure you are getting the best deals by finding “cut-rate” coupons (their term) and exclusive offers and deals on products. Unlike other sites, Ebates lets you layer the deals meaning you can use coupons AND get cash back which means more savings for you.
There is no membership fee or any mail-in rebate forms required to use Ebates. You shop, earn & save and they send you your cash back with no strings attached.
At the time of writing this post, Ebates is also giving a $10 sign up bonus or $10 Wal-Mart gift card when you get started.
Why Should I Use Ebates?
I used to use Ebates years ago and had actually forgot about this service. As I was researching different methods to make extra money, I came across this site and wondered why I hadn’t been using it!
I do most of my shopping online to save time going to the store and I also don’t enjoy being around large crowds. So using Ebates to earn cash back is a no-brainer since I’m already shopping online anyway.
Ebates is a very simple way to earn extra money and requires very little effort on your part. You simply use the site to shop for things you would normally purchase and earn a percentage back for shopping.
Your earnings vary by store and at different times of the year. Each store offers a different cash back percentage. Just look at the percentage next to the store name on the site to see how much savings you will earn.
How Do I Get Started with Ebates?
One of the things I like about Ebates is the simplicity of the service. It’s very easy to get started.
Step 1 – Go to the Ebates website and sign up for an account. From there you can search through the over 2,000 stores that allow you to earn cash back. At the time of writing this post, some of the popular cash back stores include:
Step 2 – Add The Cash Back button to your browser so you don’t miss an opportunity to earn cash back when you shop. After you get signed up for the service, your next step is to install the Cash Back Button so you don’t miss out on your earnings.
Step 3 – Shop as you normally would and earn cash back in the process. Cash back is paid to you via paypal or in the form of a check.
Ebates also has a referral program. If you share your friends, family and coworkers about Ebates, there are special cash bonuses available for you to earn. Plus your friends get a cash bonus after their first purchase too! This is another easy way for you to build up your Ebates earnings.
At the time of writing this post, this is the Ebates referral program bonuses:
“We give you a $5 bonus for each friend you refer to Ebates who makes a qualifying purchase (order(s) must total a minimum of $25). In addition to the $5 bonus, we will give you an extra bonus for the 1st, 2nd and 3rd friends, referred from October 1, 2016 to December 31, 2016.
- First friend: $5×1 + $20 = $25
- Second friend: $5×2 + $40 = $50
- Third friend: $5×3 + $60 = $75
Pros of Ebates
- As I mentioned above, one of the things I really like about Ebates is the simplicity of the service. If you already buy things online, it takes almost no effort on your part to make extra money with this site.
- Having a referral program makes it easy for you to earn additional money from Ebates, just don’t forget to use it!
- In addition, Ebates is one of the few sites online that allows you to “layer” or “stack” coupons & cash back earnings together so you are getting the biggest savings possible.
- Ebates makes it easy if you do most of your shopping from your phone by providing a convenient app for your phone.
Cons of Ebates
The biggest con to Ebates I can see is that it can be easy to spend more than you need once you begin to look through al the stores and the savings that are available. Make sure to pay attention to that as you are shopping so you don’t spend more than your budget allows.
Additionally, not all items are eligible to earn cash back. For example, Amazon is currently only giving cash back on clothing, lawn furniture & a few other areas. Cash back eligibility changes over time so be sure to check and make sure what you are ordering is eligible so there is no surprises. (As a side note to this, if you do have a question about the status of your cash back, Ebates makes it very easy to contact them and check your eligibility.)
Who Should Use Ebates?
Anyone who shops online and wants to earn extra income should use Ebates. Even if you aren’t currently shopping online a lot, Ebates can still help you save money & earn cash back when you do.
Ebates is a quick and easy way to get started if you want to make extra money. It requires very little effort and can provide some extra funds that can accumulate over time. Having the bonus payment can be a fun way to earn extra money for something you already do!
What do you think about Ebates, will you use this service? Did this review help you in your decision?