Avoiding Misery By Balancing the Desire to Spend and Save

When making financial decisions you probably weigh the impact to your wallet, but do you ever question the impact on your emotional wellbeing?

My house was built in 1950. The bones of the house are solid, but from the moment we moved in there was a lot of ground in dirt that could not be removed. It sat in between the teeny-tiny tiles on the bathroom floor and discolored the black and white foyer that was really more beige than it should have been. The fixtures were old and outdated and the furniture that filled the rooms were all hand-me-downs.

When we moved in we brought two cats with us. One was a sprayer who mercilessly covered our house in urine. Despite numerous trips to the veterinarian we could never figure out how to make him break this habit and so every day I came home and cleaned the walls, the floors and a couple of times the TV. Our other cat loved to jump on the banisters, dig his claws in deeply, and scratch all the way down to the floor.

At some point rainwater leaked into our basement. As new homeowners we didn’t know about grading the dirt and so the basement flooded. The second time we forgot to clear an outdoor drain that filled with leaves. The rainwater loosened the glue on our basement tiles and every week or so another tile would become detached from the ground.

Around 2001 we installed ethernet cable all over the house and electricians cut giant holes into the ceiling to give them better access between the joists. We didn’t patch these holes once the work was complete. We just avoided spending any time in the basement and stuck to other parts of the house as often as we could.

We could have tried to fix the house, but in those post-graduation years we spent the majority of our time at work. We spent very little time at home so I felt like I could turn a blind eye to the aspects of my house I didn’t love. In fact, sometimes I was simultaneously embarrassed and proud of my frugality.

Keeping outdated furniture, scratched railings and dirty tiles kept money in our bank account. With the money we saved we put down 20% on a second home. We used our income to propel our passions and enjoy other aspects of our lives, but over time the house began to make me miserable. I didn’t realize exactly how despondent I felt until more than a decade later.

In my youth I didn’t care as much about the aesthetics of our house. Although my husband and I bought our house in our early twenties I treated it more like a shelter than a home. Our cats made it impossible to keep a well maintained residence. The best I could hope for was a place to keep me dry from the rain and warm when the weather turned cold. What was the point of hanging beautiful artwork or covering the floors in brightly colored rugs when my pets were destroying everything in and around my feet? I don’t regret having pets, (I loved them immensely), but looking back I realize that as with everything in life one decision had great impacts on others.

I’ve made many great financial decisions in my lifetime and some that certainly could have used better judgement. By keeping our expenses low at home we were able to save an extraordinary amount of our income and with that healthy cushion I felt financially confident to leave the workforce and become a stay-at-home parent.

But sometimes I wonder if I shouldn’t have searched for a greater sense of balance between saving for the future and enjoying today. Can you feel happy when you can’t open the windows to let in fresh air? Can you feel happy when you have to walk across broken tiles in your basement to reach the laundry room? Can you feel happy when you stare at cracked walls?

When our goals had been met and our fifteen year old cat passed away we dumped a bunch of money into fixing up our house and my mood instantly lifted. I no longer live in a cramped kitchen. I can open my windows easily and no longer bother with single pane glass or broken screens. I feel a sense of serenity now that I haven’t felt since buying the property over seventeen years ago.

Now I often wonder why I waited so long to spend money on our home. While my bank account is well over seven digits I lived in an unhappy situation for much too long.

As a twenty year old I was willing to let my house go in favor of other pursuits. As a forty year old I feel much differently. I’m not materialistic. I could live in a big house or a teeny tiny one, but I want it to feel clean, hospitable and beautiful. On the flip side I might have lived in a beautiful home, but spent my days slaving away at work trying to pay for it. I suppose I could have made worse decisions.

These days I’m aiming for somewhere in the middle; a sense of balance between saving and spending. I don’t need to live as though I’ll never live another day, but I don’t need to keep it all locked up in the bank either.

November 13, 2018 at 5:10 PM 4 comments

My Thoughts on Blogging – Blogging Over A Decade

I bought my first house at age twenty-two. When I bought my second house at the ripe old age of twenty-seven I didn’t tell a soul other than my parents and my in-laws. I didn’t tell my brother, my friends or my co-workers. I didn’t want to sound like I was bragging and most importantly I had plenty of friends who were struggling to pay their rent and grocery bills. I wrote about my purchases on this blog, starting in 2006, but in the real world I remained quiet about my financial victories.

I was twenty-eight when I began to write here, which is a long cry from the year 2018 where I now sit and type this in my early forties. These days the Internet is full of boastful stories and social media is ripe with so called “friends” sharing their success stories.

In 2006 most bloggers didn’t start a blog to make money. Blogs were simply online journals that allowed us to connect with others who had similar ideas. Get Rich Slowly was the first personal finance blog I started to read and like most readers I connected to J.D. Roth because his stories were so “personal.” When J.D. sold Get Rich Slowly I stopped reading it.

Many of the new writers lacked soul in their posts. They wrote about the dollars and cents of saving, investing and earning, but they failed to highlight the human insight and psychology of money. The Internet is such a powerful bridge for bringing people together, but as we all know it can also disconnect us from the real world.

When I was a kid we only had one phone in the house. So when I wanted to talk to a friend I picked up the phone, waited for it to stop ringing, listened for the “hello” on the other end, asked my friend’s mom if my friend was at home and then finally started talking. If that is, they were actually home. When I graduated from college I would call my friends and chat with them on their cell phones. Now we send quiet text messages that can be ignored and misinterpreted.

When I was a kid I never would have dreamed about earning a living while sitting in my pajamas staring at a computer screen, yet I spent many days of my twelve year career doing just that. Waking up and writing software from the time I woke until the time I went to sleep nearly a full day later.

In this day and age we can earn money in ways that simply didn’t exist a few short decades ago. The invention of online advertising makes everyone believe they can type words into a computer and earn a healthy living and as a result there is a lot of dribble on the Internet. There was dribble before advertising but I suppose it’s authors had purer intentions.

I recently signed up for a newsletter on a personal finance blog that promised I would earn gobs of money from blogging. Every day I received an email with a link inside. That link sent me on a wild goose chase of pages that ultimately landed on an affiliate link for some product I could buy that might actually teach me how to earn money. I thought the first day or two might be a fluke, but nearly two weeks later I was still receiving emails with links that led to nothing more than affiliate links. Ugh.

Sure there was a lot of dribble before the invention of advertising, but back then it was just an every day Jane and Joe sharing his or her thoughts with the world. I felt like I knew the writers of many of those early PF blogs. Like I could meet them at one of J. Money’s happy hours, (which by the way I never made it to), and start chatting immediately about their kids, their lives, their careers and their savings.

A few years ago I stopped blogging. I began to accept sponsored posts and wrote book reviews but otherwise I stayed silent. To be honest I was out of ideas to write about. Readers stopped leaving comments and many of my favorite bloggers left the blogging landscape for similar reasons.

I attribute part of my financial success to writing this blog. I didn’t earn much money from it, but thinking and writing about the dollars and cents kept me focused on the prize of earning and saving. I started this blog as One Frugal Girl and ended it as One Millionaire.

The landscape of blogging has changed a lot in the last decade. These days I have to search a whole lot harder for quality content, but there are a lot of new faces coming on to the personal finance scene and a couple of older personalities are returning.

This blog felt like a book without a final chapter. When I started this blog I was searching for financial freedom. Just over a decade later I can say according to most people’s definitions, (not my own), I’ve already reached it.

November 8, 2018 at 9:35 PM 6 comments

It’s Not Just About Keeping Up With The Joneses

When you earn a lot of money you can save a lot of money. No one is going to argue with that fact outright, but I think that a high income can force you into more spending traps than you might have expected. To be clear I am not talking about people who are trying to keep up with the joneses. I am talking about people who find themselves at a crossroads where they would not have spent money if they earned less.

Case in point… When I moved into my house more than a decade ago the local elementary school scored an 8 out of 10 rating. Now the same school is ranked a 6. Because we’ve lived in this neighborhood for a very long time we have met many different families of varying professions and incomes. Over the course of two years we met four families whose male children came home crying from school every day because they hated the academic environment. We heard nearly identical stories four times in a row, from four families who did not know one another. Three of those families moved in search of better schools. One family won the school lottery and moved their child to a different learning environment.

If we earned less money we may have sent our son to the local school. We may not have questioned that choice or maybe we would have questioned it, but realized we had no alternative other than a lottery selection, which my son may or may not have been won. (Those schools are not perfect either.) However, because we earn more we reviewed more options including A) Place him in the local school and wait to see what happens. B) Move to a better school district, C) Place my son in a private school that costs roughly $20,000 per year or D) move to a new state with a lower cost of living and amazing schools.

For the time being our families live too close to make option D a viable one. Job wise my husband and I are not tied to a particular location, but family-wise, well that’s a whole other story. So yes, technically, there is a solution that doesn’t involve spending money, but this wasn’t one we were willing to take while our parents are alive.

To be honest I wanted to choose option A. I want my son to grow up in a neighborhood with kids who attend the local school. I want him to ride his bike to and from their houses when he gets older and I want him to feel a part of the local community. I went to public school. My husband went to public school. Shouldn’t that be the end of the story?

In many places in the US public school is just as good if not better than private school. In the area I live in around Washington, DC this is not the case. I visited the local school multiple times and talked to administrators and teachers. I also spoke to parents who were relatively happy with that school, but after each conversation I walked away disappointed. I found myself asking, if I can afford a quality education for my children would I feel satisfied purposefully sending them to a subpar school?

So I was left with option B or C. To move to a better school district we would easily pay $200,000 or more for a new mortgage. To send my child to private school costs $20,000 with prices rising annually. After much debate we chose to send our son to private school. I know many other individuals and couples with high incomes who choose to do the same in my neighborhood.

I think it’s easy for someone who doesn’t earn a lot to say if I earned more I wouldn’t blow it, but I think the equation is not as simple as that. Yes it’s easy not to go on extravagant vacations or buy a new car every year, but when you earn more you will be faced with questions of how to spend the money you earn.

If you value education and you believe your child will not benefit from your local school system then you might be faced with moving to a more expensive district or paying a hefty private school tuition bill. This has nothing to do with “blowing” your money.

ESI recently referenced an email where a reader said “Those who have income levels that are better than most, but still act like suburban robots because of the yearly income are not interesting….No brainer. Hell I do better than that.

Honestly, I think it’s easy to say what you would or would not do given a specific income, but I don’t think it’s as simple as that. I think that the more money you earn the more likely you are to review your options and make decisions based on a higher income.

This doesn’t mean buying a fancy car or moving to a giant house because you want to fill it full of crap you don’t need. This is about carefully listing and weighing options that those on a lower income might not have.

In a recent podcast Paula Pant said a parent might choose an ivy league college for its networking advantages. I don’t necessarily agree with the advice provided in that particular show, but if you have a high income it can certainly be a consideration. An ivy league university can cost hundreds of thousands more than a public college closer to home and while I would certainly urge my children to attend a state-run school I can see how those with higher incomes would consider more expensive alternatives.

The more money you earn the more opportunities you will find before you. While I’m sure some of those with high incomes “blow” their dough not all those who spend their money are pissing it away. I would bet that there many high wage earners who are simply choosing different routes because they have weighed the importance of those decisions on their future or their child’s future wellbeing. When you earn more you simply have more options to choose from and some of those options cost a pretty penny. That doesn’t mean the money is being frivolously thrown away.

November 5, 2018 at 11:22 PM Leave a comment

Get 300 bonus SB when you sign up for Swagbucks in November!

All throughout November you can earn large bonuses when sign up as my referral on Swagbucks. Swagbucks is a rewards site where you earn points (called SB) for things you’re probably doing online already, like searching the web, watching videos, shopping, discovering deals, and taking surveys. Then you take those points and exchange them for gift cards to places like Amazon, Target, or PayPal cash.

When you sign up through me this month, you can earn a 300 SB bonus! Here’s how:

1. Sign up using this link

2. Earn 300 SB total before December 1st, 2018. You’ll get a 300 SB bonus for it!

3. That’s it. It’s super easy, and Swagbucks is for real. I use it myself, and I cash out for PayPal so I can use the money whenever and however I want!

November 2, 2018 at 7:42 PM Leave a comment

Earn BIG At The Register with Swagbucks

We’re all looking for ways to save big at the register. Well, I’ve found a way to make every coupon I use at my local grocery store worth an extra 25¢!

How you ask? It’s as easy as 1, 2, 3!

1) Sign up at Swagbucks.com and use my special code SBCouponer to earn an extra 50 points, that’s 50¢ just for signing up
2) Head over to the Grocery Coupons page and start clipping coupons for your upcoming shopping trip 
3) Use the coupons the next time you shop at your local grocery store. You’ll earn 25 points (25¢) for every coupon you use. 
That’s it! 

But, that’s not all… This month you can earn 1 point (1¢) for every coupon you print, up to 25 prints per day. That’s an extra 25¢ every single day! 

November 2, 2018 at 7:40 PM Leave a comment

10 Items Your Husband Needs in His Winter Wardrobe

Certain men weren’t blessed with the style gene, and if you find you fill the role of stylist for your husband, you know the importance of updating his wardrobe every now and again. Winter is upon us, and if your husband needs a wardrobe update, you’ll need to add these 10 essentials to his closet.

  1. A Scarf

A scarf can pull any outfit together, and it plays double-duty – how else is he going to keep his chest and neck warm when he is forced to face the winter chill. Browse a collection of men’s scarves from Brooks Brothers. Whether he’s a pattern lover or prefers a simple monochrome look, you’re sure to find the right fit on this site.

  1. A Pair of Sturdy Boots

If it snows or rains in your area, make sure your fella’s feet are protected with a pair of sturdy boots. Opt for a waterproof pair that offers plenty of traction on slick, icy surfaces. Timberland is in the business of trustworthy shoes, so take a look at their men’s winter boot offerings and find something matches his personal style.

  1. Some Holiday-Themed Clothing

With Christmas on the horizon, help your hubby get in the holiday spirit with some funny holiday-themed clothing. If he’s a jokester, you’re guaranteed to get a smile with ugly men’s Christmas sweaters from Tipsy Elves. From naked Santas to muscular reindeer, you’re sure to find an out-of-the-box style that matches his particular brand of humor.

  1. Sunglasses

No, this addition isn’t a typo. Sunglasses are just as important in the winter months as they are during the hot summer. The UV rays in sunlight can actually damage your retinas, and it’s essential that you protect your eyes year-round. If you live in an area with snow, his eyes are in even worse danger, as snow acts as a mirror, reflecting UV rays right back into his eyes. Opt for a pair of sunglasses that feature high-quality lenses capable of deflecting UV light.

  1. A Beanie

Did you know heat escapes the body through the head? Make sure he stays warm and toasty all winter long with a beanie. Paired with the right outfit, he’ll look hipster-chic – and gain some major style points that you can take all the credit for. Shop for beanies at BackCountry.com – from camo to plain old black, you can find an array of options.

  1. Loungewear

When the snowstorms are raging, help him stay cozy indoors with some buttery-soft loungewear. From cozy pajama bottoms to thermals, this is one wardrobe addition you’ll have no trouble getting him to wear. Heck, throw in a robe to boot and let him feel like he’s living the resort life in the comfort of his own home.

  1. A Suit and Tie

If your husband has an upcoming work holiday party, make sure he’s dressed to impress his boss with a suit and tie. Make sure you have his new digs tailored, as proper fit can make all the difference. You can rent his suit, but it may be a wiser investment to purchase something he can wear for any elegant occasion in the future.

  1. A Bomber Jacket

Help your husband channel his inner Maverick and bring him some street cred with a classic bomber jacket. This type of jacket is flattering on every man, and this style has withstood the test of time. This is one wardrobe addition he’ll be able to use year after year.

If your husband is fashion-challenged, it’s time to step in. This winter, make sure your special guy has a wardrobe that’s as stylish as it is practical, and outfit his closet with these must-have essentials.

November 1, 2018 at 10:45 AM Leave a comment

How to Finance a Business for Sale

While looking to become an entrepreneur or business owner can be overwhelming at times, staying prepared will save you much hassle. The first step to becoming an entrepreneur is to identify a market where your business could thrive. After detailed research, you may have found Nevada will be a good bet for you. Finding a business for sale in Nevada comes with immense benefits: one of them is being spared from corporate income tax.

There is one thing that could put you at your wit’s ends though, that is where to get funds for the acquisition. Do not despair; there are plenty of options you can choose from.

1.    Own funding

This one is no brainer. By using your funds, you have the choice to use your savings, home equity or retirement accounts. It is the most straightforward way to fund your new acquisition. The beauty of this option is that you do not have to solely depend on it. It is very common to incorporate other sources. The advantage is that it can give you the financial foundation to buy a big business. You can use your funds to supplement the ones acquired from other sources.

2.    Bank loan

Another good option to help you run that business you desire is getting a bank loan. In as much as it may be difficult for a bank to approve you for a small business loan, it may be more than willing to fund you against the assets of the particular business. If you intend to get a loan from a bank, then make sure that the company in question has considerable amounts of assets. Note that the bank will also look into your credit, so make sure that you have a good credit score.

3.    Seller financing

With seller financing, the seller provide you a loan. However, it has to be amortized for a specific duration. In most cases, you can pay back the loans using the revenue that the business will be generating. Using this option comes with many advantages. One advantage is that it is simple: if you compare it with other sources like bank loans, it is less tedious. You may find that it is cheaper than other ways of funding. By asking for seller financing, you also get to enjoy the benefit of the seller giving you detailed information concerning the performance of the organization. Nevertheless, there also will be some expectations from you by the business owner. Can he trust you? To affirm this, he will have to do due diligence. Also, he might be interested in your business plan, your experience in the business world and your assets in case the business fails after transferring ownership to you.

4.    Leveraged buyout (LBO)

An LBO refers to a situation whereby a business is bought through both debt and equity. The cash flow of the company is what is looked upon to settle the purchase. The advantage of this type of arrangement is that you will get the chance to make the most of the profits the business is making and minimize the losses. Remember that only part of your assets is used as the collateral.

5.    SBA loan

This is government-backed loan where the Small Business Administration guarantees you a flexible small business loan with low interest rates. These are worth different amounts, and they gives you a better chance of getting loans from banks, who would typically have a hard time doing so due to the possible risk associated. SBA offers a variety of loan programs, which are all dependent on your growth plan, financial need, and other factors.

If you are not sure of where to get the funds to finance your acquisition, you can use one or more options above. At the very least, you should now be aware of the different types of options to fund your small business acquistion.

October 31, 2018 at 8:00 AM Leave a comment

Don’t Let Your Job Feel Like Drudgery

In my youth I never considered super early retirement. My dad retired in his early fifties and as a twenty-two year old joining the workforce that seemed young enough to me. I would put a solid twenty-five to thirty years into my career and then I’d quit just like he did.

I started my career in the summer after graduation. My offer letter lists my salary at $32,000.

The personal finance community has changed a lot in the thirteen years since I began blogging. In the beginning people wrote about increasing their income and savings, but very few wrote about the quest for early retirement. And as a forty-one year old I find the shift in idea and sentiment absolutely fascinating.

In my parents generation people often worked at miserable jobs day in and day out until social security took over. They may have complained about their jobs but they all woke up each day and went to work. Even if they saved their money I’m not sure how many folks in my parent’s generation considered leaving the workforce. (Now that’s a survey I would love to see!)

So why the sudden desire to exit the workforce at an early age? I hear a lot of folks bellyaching about their work. They want to find more interesting work. They want to have a greater impact on the world. They want to stick it to the man. Those are all great reasons to exist the workforce, but in between now and retirement you still have to go to work each day. Do you spend your days complaining and ticking off the days on your calendar or do you search for ways to make work life better?

Many people are unsatisfied with their jobs and their roles within the organizations they work in. Now I know a lot of employees can’t change the companies they work for, but how many people actually try to change their work environment?

After graduation a large financial institution hired me to work in their IT department. I was originally tasked to work in Quality Assurance. I was assigned to a team that wrote code and I would write test cases and try to break whatever they wrote.

A month or two into the process I was unsatisfied with my work. I went to the manager of the software development team and asked him if I could write code too. I was trained to write software, but I had never written a lick of it in the real world.

I was young and eager and my manager must have seen the spark behind my request. I wanted to accomplish more complex tasks then QA would allow me. I wanted to put my training to use. My manager assigned me to a mentor and provided me with a relatively menial task. I put everything I had into those first few bits of code. I was proud of my accomplishment and shared it with my mentor. A man who proceeded to rip my ideas and my code to shreds.

I cried.

I didn’t sob or throw a fit, but I walked away, stepped into the bathroom and let tears stream down my face. My mentor was a jerk, but I quickly found that software developers are a cocky bunch, and if I wanted to write more code I’d have to follow his lead. I did and I never went back to QA.

I was hired at the same time as ten other recent graduates and I quickly linked up with another ten who had graduated the year before. I cannot tell you how many of those folks were miserable in their jobs.

I didn’t love all of the aspects of my job, but I found ways to enjoy it more than everyone else I knew. My friends were bored at work and took three hour lunches. They didn’t seek out extra assignments or go above and beyond the call of duty.

I did just the opposite. I offered to onboard all of the contractors that were assigned to our team, I forged relationships with those in production support and QA. I wrote documents to help others understand the code we wrote and made certain to keep in constant communication with our business partners so they knew I cared about their projects.

When we had down time between software releases I would discuss new features with our business partner, track down old bugs or revamp technology no one else realized was outdated.

During one particularly long draught I created an entire project for myself. I taught myself how to write batch scripts and converted text files to XML that could be manipulated through a UI.

I went above and beyond and as a result I received the maximum raises consistently for many years. I was promoted faster than any of my counterparts, but most importantly I found satisfaction in my job.

I certainly didn’t love everything I had to do, but the majority of my friends did absolutely nothing to further their careers, which only made them more disgruntled when they didn’t receive raises or promotions.

A lot of FIRE proponents say they want to retire early. Some want to leave their jobs in search of more meaningful or enjoyable work, but I wonder how many of them have tried to make their current work better.

Over the years I found that my job satisfaction was highest when I performed work outside of my work duties. While my coworker sat at his desk reading the newspaper and taking three hour lunches I would dig into the code and look for ways to enhance our software.

I know that many folks are miserable, but I wonder how many try to make their situation better. How many people want to leave the workforce because they come in, do the minimum amount of work required and go home?

I reached financial independence by exceeding expectations year after year. I might not have been in love with the company I worked for or the managers I reported to, but I quickly found ways to craft my job around tasks that I did enjoy.

Even if you plan to retire early you’ll still need to spend many years earning money in your current career. Rather than counting down the days until you can walk out the door forever why not figure out ways to make each day a little bit better?

Try not to look at work with such drudgery. Try to alter your work experiences into something enjoyable and if your current position is truly awful look for a new one. Who knows maybe your next job will be one you don’t want to leave.

October 27, 2018 at 4:47 PM 11 comments

Rewards Site Review: GrabPoints

As a stay-at-home parent I am often on the lookout for little ways to earn money. Sometimes I find myself with a spare minute in between making lunches, running errands and tending to my children. For example, my youngest often falls asleep on the way to pick up my eldest from school. While I wait in carline I’ll pull up a rewards site to complete surveys, click links or watch a video.

A few days ago I found out about GrabPoints, This is a relatively new website that helps you earn money and gift cards whenever you complete simple tasks like answering surveys, watching videos, completing offers or installing and testing apps on your mobile device. I learned about GrabPoints from a long time reader of One Frugal Girl who earned enough money to pay for her kid’s Christmas presents this winter.

With GrabPoints you won’t earn a million dollars overnight, but if you have the spare time this website might help you earn a little extra cash. If you think you might be interested check out the details below.

More Info about GrabPoints

GrabPoints is a rewards site. You get points whenever you accomplish the simple tasks I listed above. Once you earn the minimum amount you can then redeem your points as free Paypal money, an Amazon gift card or a Walmart gift card, among many other options.

All of the GrabPoints tasks are easy to do, but answering surveys seems to be the most popular. I spent some time on the site and found that surveys were more profitable then some of the other point making opportunities.

There are many rewards sites out on the internet these days, but GrabPoints claims to be the world’s highest-paying rewards site in the world. They even have this graph that shows you how much you can earn performing specific tasks. Not only that, the graph even compares those earnings with how much you’ll make doing similar tasks on other sites. And the numbers show that GrabPoints is consistently the highest-paying rewards site.

I haven’t spent a ton of time on GrabPoints yet, but my long time reader confirmed that she has earned more on GrabPoints then other rewards site she’s tried. I’ll need to complete a few more tasks to find out for myself.

Please note: you won’t send your kids to college with the money you earn on GrabPoints. The site doesn’t make any outlandish claims about the money you’ll make with them, which I think makes them a more legitimate website then some others you’ll find on the Internet.

Use the supplemental income you earn to pay for groceries, holiday gifts or anything else you might want or need. If you use the site consistently you’ll find your payouts are roughly the same month after month, which can help you plan how you want to spend your money.

The Earning Methods on GrabPoints

So how do you earn money on GrabPoints and how much can you earn from each task? Here is the nitty-gritty:

Answering Surveys

GrabPoints surveys are used for market research.  Companies want to know what their markets want before making big decisions, and the best way to do that is by hiring sites like GrabPoints to distribute surveys to their members.

The surveys that you answer have been pre-selected based on your demographic. Your kids can even get involved. If they are old enough they can take age appropriate surveys using your account.

You can earn anywhere from $0.83 to $0.94, depending on the length of the survey.

Watching Videos

GrabPoints has a bunch of video channels that cover a wide range of topics. A lot of users like their lifestyle channel, but you can always switch between channels. You earn points whenever you finish watching a video. This is perfect for idle time, like when you are waiting in carline or relaxing after dinner.

You can earn $0.007 for each video you watch. That might not seem like a lot, but keep watching videos, and your earnings are sure to pile up.

Completing Offers

Completing offers involves signing up for free subscriptions or trial memberships. Some offers require you to make a purchase first, or provide your credit card info before you get your points. This is the most involved earning method on GrabPoints. Some folks are happy to provide this information and others are not. Do whatever you are comfortable with and nothing more.

You can earn $0.09 to $10.80 completing offers, depending on the different aspects of the offer.

Installing Apps

You can also earn on GrabPoints by installing apps on your mobile device. You might have to keep the app on your device for a specific amount of time, before you get your points.

How to Get Your Earnings

When you’ve accumulated at least $3 in your account, you can withdraw your earnings. It only takes 48 hours to process your withdrawal, which is a pretty fast turn around rate.

GrabPoints has a wide range of payout options that include:

Amazon gift card

Walmart gift card

Free Paypal Money

… and so much more. I prefer PayPal, Amazon, Target and Walmart but you can choose anything you like from their long list of offerings. Gift cards can come in handy for weekly groceries or buying gifts during the holiday season. And since payment processing is so fast, you can rely on getting your money by a specific date. That’s really helpful when you are planning your weekly budget.

Try It

If you are looking for a new rewards website consider giving GrabPoints a try. According to their website they offer higher payouts then many other point earning websites and their payment processing is fast and reliable. Many other sites require exceptionally high minimum payouts or take up to a week (or even more) to process payout requests, but GrabPoints consistently provides the highest earnings and one of the fastest processing times.

If you do try GrabPoints come back and leave a comment to let me know what you think about it.

October 26, 2018 at 10:06 PM 1 comment


I walked up to the register and stood behind the man buying orange soda. That was it. One two-liter bottle of store brand orange soda and nothing more. I go to the grocery store near my home and the lines in the self-checkout line are always at least two or three people long. A couple of people stepped in line behind me. I waited patiently. For once in my life I wasn’t in any particular hurry.

I watched the shopper fumble to take a dollar from his pocket with one hand. He tried to unravel the crumpled up bill from his pocket, but never used his other hand to assist in the process. That’s when I noticed that his other hand was down by his side. He was holding a white box and had two or three plastic produce bags wrapped haphazardly around it.

At first I couldn’t tell what it was. I could only see the bottom of the rectangular white box, which showed nothing other than the UPC. I noticed he didn’t scan the box so I thought it might be cigarettes he purchased from someplace else in the store. He held it so closely to the side of the wall just below the scanner. In fact, the box itself was pressing up against the low wall.

The orange soda bottle rolled down to the conveyor belt and stopped with a thud at the end. The man looked up but never moved that box away from it’s place against the wall.

After depositing his dollar into the machine and receiving a penny of change he started to walk away. He wrapped a produce bag tightly around that bright white box and when he turned I could clearly see the label which read “Dove.” A simple box of Dove soap he clearly did not intend to pay for.

It took me a minute to process what I witnessed and by the time I wrapped my head around it the man was already gone. I certainly didn’t want to run after a man who had just stolen a box of soap, but I wish I could have helped him in some way. I wish I could have offered to pay for it or even to pay for a few other things he might have needed from the store.

This is the second time this month that I have witnessed someone stealing from one of the stores near my home. Just a few days ago two boys stole bottles of Tide from the CVS store. The boys looked anxious as they walked along the aisles in front of me, but I never would have guessed they were in the store to steal detergent. When I reached the check out line the cashier informed me that they grabbed the bottles, threw them into their backpacks and ran out out the front door.

Strangely enough on my trip to CVS I was taking advantage of a free deal that made detergent free after a sale, rebate and coupon. When the cashier rang up my order she said “Wow you got this for free. It’s too bad you couldn’t teach those boys to use coupons so they wouldn’t have to steal them.”

I am thankful that I have never been in a situation where I felt the need to steal to keep myself or my clothes clean, but in both instances I would have gladly paid for the items for those who needed them.

October 26, 2018 at 8:00 AM Leave a comment

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