Thursday, October 30, 2008

My Points - online money maker

Since June, I've been playing with a new way to earn some easy money online. It's called MyPoints. What you can do through MyPoints is earn points that eventually earn you gift cards to places. No money out of your pocket (unless you so choose) and yet you get money back! How?

Well, there's basically three ways to get points:

1. MyPoints sends you emails daily (about 5 or so a day), you open them, read the ad, and click through at the bottom (for the paranoid - as in myself - I checked this out before signing up and couldn't find any reports of virus problems or anything like that). You don't have to sign up for anything and it automatically credits you 5 points per email. Now, if you should decide to follow through on the offered ad, then you can earn more points. There's been a couple of free offers that I signed up for out of curiosity, but nothing else.

NOTE: I would highly recommend you open up a junk mail account if you decide to try this - particularly if you actually take up some of the offers. I've heard that if you don't ever sign up for anything, the junk mail isn't too bad...but I wouldn't trust it!

2. You can shop online at tons of stores through MyPoints. And every dollar you spend at the store, you get points for. For example, I bought a book the other day through MyPoints. The book cost me $8.00 and I earned 16 MyPoints. Not an amazing amount, but hey, every bit counts!

There are other sites that I'm also looking into that do a similar thing; however, I went with MyPoints first as it really is one of the least complicated (at least thus far - more reports on other sites to come).

3. I believe there is a credit card you can sign up for with MyPoints and earn points for all your purchases through the credit card. Please note, I have not signed up for this card (I'm very loyal to my American Express!) and really can't attest to anything about this angle of MyPoints.

[Also (just have to say this!), I highly recommend that you do not sign up for any kind of credit card unless you know you can handle a credit card. While Chris and I do put just about everything on our cards, our bill also gets completely paid off every month (we use the card to build up frequent flyer miles - very important in my world!). I know of too many people who cannot handle the freedom of a credit card and wind up getting into debt by its existance (and yes, I do speak of personal - if minorish - experience in this matter). OK, off my soap box!]

So, since June, I've earned 2649 points. This was with no work on my part other than clicking through emails. I've received a $10 Borders gift card back for 1400 of those points and am close to being able to get another gift card (there are tons of options and price ranges for what is available - just depends on how patient you are in letting the points build up!).

I went ahead and got the Borders card just to check out if this works, and it seems to be just fine! Next time I'm going to try to save up points for longer and get a higher gift card. I've considered using this as a resource for buying gifts for people or buying household stuff that we need/want but don't necessarily always have extra money for (like new sheets or towels or pillows...you get the idea!). Or just on whatever. It's still up in the research phase.

Any ways, if you're looking for a money idea, I highly recommend this one.

Oh, and do me a favor (pretty, pretty, please)...if you're thinking of signing up, leave me a message (don't worry I won't post it) here with your name and email address. I can then refer you through my MyPoints account. For every person I refer who signs up with MyPoints I earn 250 points! So help me out folks! Share the MyPoints!

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