I first heard about Swagbucks 7 years ago when a few of my Facebook friends posted that they’d been using the site to make supplemental income.
I’d also read about it on various blogs, but since I always seem to have a natural aversion to all things popular, I dismissed it completely. (This usually backfires once I realize I’ve been missing out on a real gem. (ie: All those years I refused to watch Sex and the City because everyone and their mama had already been watching it. How did I deprive myself of such entertainment?!)
If you’re reading this post, you probably already know about Swagbucks, but if you don’t, keep reading.
WHAT IT IS:
Swagbucks is a site where you earn points for doing various activities online. What makes it even better is that you get rewarded for activities that you’re probably already doing.
Here are just a few types of these activities where you can earn points:
- surfing the web
- shopping online
- watching videos
- donating to charity
- discovering new products
HOW IT WORKS:
Swagbucks are rewarded in various denominations when you complete online activities. (1 Swagbuck is equal to 1 penny.)
Once you’ve collected enough Swagbucks, you can redeem your Swagbucks for $$ and various other rewards.
After searching through the current rewards, it looks like the minimum award currently available is a $3 gift card to Ebay. Personally, I like to wait until I have at least $100 worth of Swagbucks before I redeem my points, but there are plenty of options for smaller denominations if you’re more of the instant gratification type.
You can fill out a quick survey worth 200 Swagbucks, and ta-da, you’ve made $2.
Or if you’re feeling generous, you can donate $25 to The Nature Conservancy and get rewarded 2500 Swagbucks which is worth $25 in real world cash. (So essentially, you’re donating to an honorable charity for free.)
There are so many different ways to make money using Swagbucks and this is often dependent on which services or activities they’re promoting at a given time.
Continue reading below and I’ll tell you how I cashed out with $400 in 3 months.
HOW I DID IT:
Everyone has their own formula for maximizing money on Swagbucks, but for me, I always choose the route which gives me the greatest quantities of Swagbucks in the shortest amount of time.
Instead of taking tedious quizzes with very little payout (assuming that I even qualify for them), or watching repetitive video content, I chose to focus on the activities that have a higher rate of return.
For me, the activities which generated a higher rate of return were: Donating to charity, shopping online, and signing up for new services.
Here you’ll see a copy of my current Swagbucks ledger. I started using SB in October 2016 during a time when I was moving.
You know the never ending purchases of batteries, extension cords, home decor, etc that comes along with moving? I used the Swagbucks cashback program for all of them. (Example: 1st highlight. Sears Shop & Earn).
Since the end of the year was approaching, I decided I should donate to a few charities as well. Luckily, Swagbucks has a program that features various charities where you earn Swagbucks in exchange for a monetary donation. Sounded like a win-win to me.
As you’ll see in the ledger (2nd highlight), I received 2,000 SBs for a 2nd donation to SOS Children’s Village. My first donation in December got me 2,000 SBs as well. I donated a total of $70 to SOS and received $40 in SBs as a result of the promotion. Where else can you get immediate cashback for donating to charity?! (And they’re tax deductible, too!)
Last but not least, I also utilize SB offers to sign up for new products to earn points. (I love trying new services and products, so it’s likely I would’ve signed up for these services at some point anyway. This is probably not a beneficial strategy if you’re signing up for services/products just to get SBs. You’ll end up wasting money.)
In my 3rd example (see 3rd highlight), I signed up for a week of meals by Freshly. Not only did I get 35% off of my total purchase by going through Swagbucks, but I also received $10 in SBs just for signing up. (You can read my review of Freshly here.)
WHERE TO FIND IT:
Check out Swagbucks and sign up if you feel inspired. (Referral link)
You Can Get Free Gift Cards For Shopping, Searching and Discovering What’s Online at Swagbucks.com
Swagbucks is not a way to make full-time income, but it’s an easy avenue to make money for doing activities that you’re probably already doing anyway.
If you’re already on Swagbucks, what’s your favorite activity to earn money?
This post was proofread by Grammarly
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