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7 Cashback Shopping Sites That Will Save Your Christmas Spendings This Year

7 Cashback Shopping Sites That Will Save Your Christmas Spendings This Year

It is the holiday season, and we are all (already) overwhelmed with shopping for our loved ones. With not much time left in shopping season, getting the perfect gift can be both stressful and expensive.

Don’t fret. I’ve compiled a list of 8 cashback shopping sites for every kind of shopper. If you are anything like me, you like to save money whenever possible. So, below is a list of cash back shopping sites that will help ease the stress of holiday shopping, and save you money for years to come. Hack shopping this Holiday Season, and visit these websites for cash back. Happy shopping, my friends!

1. Active Junky

A Cashback Shopping Site for The Outdoorsy

If you love to climb, hike, ski, bike, and/or participate in any outdoor sports, then I’ve got an online shopping jackpot for you. Active Junky features cashback deals on major brands like Northface, Patagonia, Under Armor, Spy, Moosejaw, Nike, Teva, Cabela’s, and many more. You can even use their cashback shopping deals on websites like BackCountry.com & The Clymb–where you can save up to 70% off before cashback savings. One of the other nice things about Active Junky are their interactive Gear Guides and User Reviews. If you’re an outdoorsy person, you can’t afford to ignore Active Junky!

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Active Junky

    2. UPromise

    Cashback Shopping for College Education

    If you are a college student, why not get cash back towards college for your holiday and everyday online shopping. Here’s how, with Sallie Mae’s UPromise:

    3. SWAGBucks

    Search, Watch & Shop for Cashback

    SWAGBucks is cashback shopping on steroids. At SWAGBucks, you can earn “digital currency” (SWAGBucks) through a myriad of ways, including:

    1. Searching The Web (via SWAGBucks)
    2. Completing Surveys
    3. Shopping in the SWAGBucks Shop
    4. Voting in Daily Polls
    5. Playing Games (yes, games)
    6. Watching Videos
    7. Inviting Friends To Join
    8. Completing Special Offers

    SWAGBucks can then be converted at varying dollar values on your favorite online stores.

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    Swag

      4. Coupon Cactus

      Coupons & Cashback

      One thing I like about websites like Coupon Cactus is that they offer more than one tool to save. This website features coupons (primarily from large companies), AND cashback offers on your purchase. Like most cashback shopping sites, Coupon Cactus gets paid a commission for every order you place and shares part of it with you. They are currently offering $3, just for signing up.

      Screen Shot 2013-12-11 at 12.55.19 pm

        5. Lyoness

        A Global Cashback Shopping Site

        With merchants in over 45 countries, Lyoness is one of the most global cashback shopping sites online and features cashback deals from large companies and small companies. Their easy-to-use filtering system allows you to search by Location, Shopping Category, and even Cashback Type (Cashback Card, Gift Cards, Online Shopping, Mobile Gift Card, Gift Card Point of Sale).

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        lyon

          6. Shop At Home

          For The Stay-At-Home Folks

          4,500,000+ Facebook fans will tell you, “Shop At Home” is a great site. What I love about Shop At Home is their focus on technology. Shop At Home has an app that features Mobile-Only deals + 100,000 coupons codes and exclusive cashback deals. You can download the app off their “About Page”.

          shop at home

             

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            7. eBates

            “The Walmart” of Cashback Shopping Sites

            While eBates may be “the Walmart” of cashback shopping sites, its sheer size enables them to feature some of the larger cashback offers that you will find online–i.e. deals currently featured range from 4% cash back to 45% back.

            Screen Shot 2013-12-11 at 12.52.28 pm

              Are you a cashback shopping site, or do you know of any sites that I’ve missed? Comment (below) with your favorite websites for affordable shopping and cashback deals.

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              Last Updated on September 2, 2020

              How to Set Financial Goals and Actually Meet Them

              How to Set Financial Goals and Actually Meet Them

              Personal finances can push anyone to the point of extreme anxiety and worry. Easier said than done, planning finances is not an egg meant for everyone’s basket. That’s why most of us are often living pay check to pay check. But did anyone tell you that it is actually not a tough task to meet your financial goals?

              In this article, we will explore ways to set financial goals and actually meet them with ease.

              4 Steps to Setting Financial Goals

              Though setting financial goals might seem to be a daunting task, if one has the will and clarity of thought, it is rather easy. Try using these steps to get you started.

              1. Be Clear About the Objectives

              Any goal without a clear objective is nothing more than a pipe dream, and this couldn’t be more true for financial matters.

              It is often said that savings is nothing but deferred consumption. Therefore, if you are saving today, then you should be crystal clear about what it’s for. It could be anything, including your child’s education, retirement, marriage, that dream vacation, fancy car, etc.

              Once the objective is clear, put a monetary value to that objective and the time frame. The important point at this step of goal setting is to list all the objectives that you foresee in the future and put a value to each.

              2. Keep Goals Realistic

              It’s good to be an optimistic person but being a Pollyanna is not desirable. Similarly, while it might be a good thing to keep your financial goals a bit aggressive, going beyond what you can realistically achieve will definitely hurt your chances of making meaningful progress.

              It’s important that you keep your goals realistic, as it will help you stay the course and keep you motivated throughout the journey.

              3. Account for Inflation

              Ronald Reagan once said: “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hitman.” This quote sums up what inflation could do your financial goals.

              Therefore, account for inflation[1] whenever you are putting a monetary value to a financial objective that is far into the future.

              For example, if one of your financial goal is your son’s college education, which is 15 years from now, then inflation would increase the monetary burden by more than 50% if inflation is a mere 3%. Always account for this to avoid falling short of your goals.

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              4. Short Term Vs Long Term

              Just like every calorie is not the same, the approach to achieving every financial goal will not be the same. It’s important to bifurcate goals into short-term and long-term.

              As a rule of thumb, any financial goal that is due in next 3 years should be termed as a short-term goal. Any longer duration goals are to be classified as long-term goals. This bifurcation of goals into short-term vs long-term will help in choosing the right investment instrument to achieve them.

              By now, you should be ready with your list of financial goals. Now, it’s time to go all out and achieve them.

              How to Achieve Your Financial Goals

              Whenever we talk about chasing any financial goal, it is usually a two-step process:

              • Ensuring healthy savings
              • Making smart investments

              You will need to save enough and invest those savings wisely so that they grow over a period of time to help you achieve goals.

              Ensuring Healthy Savings

              Self-realization is the best form of realization, and unless you decide what your current financial position is, you aren’t heading anywhere.

              This is the focal point from where you start your journey of achieving financial goals.

              1. Track Expenses

              The first and the foremost thing to be done is to track your spending. Use any of the expense tracking mobile apps to record your expenses. Once you start doing it diligently, you will be surprised by how small expenses add up to a sizable amount.

              Also categorize those expenses into different buckets so that you know which bucket is eating most of your pay check. This record keeping will pave the way for cutting down on un-wanted expenses and pumping up your savings rate.

              If you’re not sure where to start when tracking expenses, this article may be able to help.

              2. Pay Yourself First

              Generally, savings come after all the expenses have been taken care of. This is a classic mistake when setting financial goals. We pay ourselves last!

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              Ideally, this should be planned upside down. We should be paying ourselves first and then to the world, i.e. we should be taking out the planned saving amount first and manage all the expenses from the rest.

              The best way to actually implement this is to put the savings on automatic mode, i.e. money flowing automatically into different financial instruments (mutual funds, retirement accounts, etc) every month.

              Taking the automatic route will help release some control and compel us to manage what’s left, increasing the savings rate.

              3. Make a Plan and Vow to Stick With It

              Learning to create a budget is the best way to get around the uncertainty that financial plans always pose. Decide in advance how spending has to be organized

              Nowadays, several money management apps can help you do this automatically.

              At first, you may not be able to stick to your plans completely, but don’t let that become a reason why you stop budgeting entirely.

              Make use of technology solutions you like. Explore options and alternatives that let you make use of the available wallet options, and choose the one that suits you the most. In time, you will get accustomed to making use of these solutions.

              You will find that they make it simpler for you to follow your plan, which would have been difficult otherwise.

              4. Make Savings a Habit and Not a Goal

              In the book Nudge, authors Richard Thaler and Cass Sunstein advocate that, in order to achieve any goal, it should be broken down into habits since habits are more intuitive for people to adapt to.

              Make savings a habit rather than a goal. While it might seem to be counterintuitive to many, there are some deft ways of doing it. For example:

              • Always eat out (if at all) during weekdays rather than weekends. Weekends are more expensive.
              • If you are a travel buff, try to travel during off-season. You’ll spend significantly less.
              • If you go shopping, always look out for coupons and see where can you get the best deal.

              The key point is to imbibe the action that results in savings rather than on the savings itself, which is the outcome. Focusing on the outcome will bring out the feeling of sacrifice, which will be harder to sustain over a period of time.

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              5. Talk About It

              Sticking to the saving schedule (to achieve financial goals) is not an easy journey. There will be many distractions from those who are not aligned with your mission.

              Therefore, in order to stay the course, surround yourself with people who are also on the same bandwagon. Daily discussions with them will keep you motivated to move forward.

              6. Maintain a Journal

              For some people, writing helps a great deal in making sure that they achieve what they plan.

              If you are one of them, maintain a proper journal, where you write down your goals and also jot down the extent to which you managed to meet them. This will help you in reviewing how far you have come and which goals you have met.

              When you have a written commitment on paper, you are going to feel more energized to follow the plan and stick to it. Moreover, it is going to be a lot easier for you to track your progress.

              Making Smart Investments

              Savings by themselves don’t take anyone too far. However, savings, when invested wisely, can do wonders.

              1. Consult a Financial Advisor

              Investment doesn’t come naturally to most of us, so it’s wise to consult a financial advisor.

              Talk to him/her about your financial goals and savings, and then seek advice for the best investment instruments to achieve your goals.

              2. Choose Your Investment Instrument Wisely

              Though your financial advisor will suggest the best investment instruments, it doesn’t hurt to know a bit about the common ones, like a savings account, Roth IRA, and others.

              Just like “no one is born a criminal,” no investment instrument is bad or good. It is the application of that instrument that makes all the difference[2].

              As a general rule, for all your short-term financial goals, choose an investment instrument that has debt nature, for example fixed deposits, debt mutual funds, etc. The reason for going for debt instruments is that chances of capital loss is less compared to equity instruments.

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              3. Compounding Is the Eighth Wonder

              Einstein once remarked about compounding:

              “Compound interest is the eighth wonder of the world. He who understands it, earns it… He who doesn’t… Pays it.”

              Use compound interest when setting financial goals

                Make friends with this wonder kid. The sooner you become friends with it, the quicker you will reach closer to your financial goals.

                Start saving early so that time is on your side to help you bear the fruits of compounding.

                4. Measure, Measure, Measure

                All of us do good when it comes to earning more per month but fail miserably when it comes to measuring the investments and taking stock of how our investments are doing.

                If we don’t measure progress at the right times, we are shooting in the dark. We won’t know if our saving rate is appropriate or not, whether the financial advisor is doing a decent job, or whether we are moving closer to our target.

                Measure everything. If you can’t measure it all yourself, ask your financial advisor to do it for you. But do it!

                The Bottom Line

                Managing your extra money to achieve your short and long-term financial goals

                and live a debt-free life is doable for anyone who is willing to put in the time and effort. Use the tips above to get you started on your path to setting financial goals.

                More Tips on Financial Goals

                Featured photo credit: Micheile Henderson via unsplash.com

                Reference

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