I recently came across an article that talked about using the Snipsnap coupons app to make money with as a side hustle or side gig. I don’t quite get the logic that people use to fool themselves into thinking that if they spend money and save 5%-10% that they are making money.
How To Make Money With Coupons Or Cash Back Sites
I’m sure you have probably seen the commercial on tv too, that the person is so happy that they made $800 by using whateversite.com! The sites that I am referring to are savings or cash back sites where if you spend money you will either save “x” amount or earn “x” amount in cash back.
I take issue with these misleading statements. The fact of the matter is that if you purchase an item for $10 and have a coupon for 10% off you pay $10 minus 10% ($1)=$9 paid for the item.
You saved $1 but you still have $9 less than what you started with. You don’t end up with $11 in your pocket.
You do not EARN the $1. The $1 or the 10%, is a savings.
Cash Back Sites And Programs
The same goes for cash back sites and while we’re at it we might as well lump in the clothing reseller sites.
With cash back sites you earn more cash back the more you spend. You will never earn more than you spend to earn the cash back. The cash back itself is essentially a savings or like a rebate. You are not earning it and don’t report it as income to the IRS because you did not make a profit.
Clothing reselling sites also don’t make you a profit unless you are earning more for your used clothes than you initially bought them for when they were new.
I suppose this might be possible if some style of clothing becomes a hot fad and you happen to have those items in your closet and decide to sell them at a profit? I think this is probably not the normal way to use the resale sites.
SnipSnap Coupons App
Ok now that I got my rant out of the way let’s talk about snipsnap coupons.
The SnipSnap app is a coupon app. It will not make you money but it can and will help you to save money.
SnipSnap is a free app that you can download from the Apple App Store or the Google Play store.
The app has a 3.8 star rating at the time I am writing this with over 10,000 reviews. I have to point out that while I was reading through the reviews, the most recent were not so flattering for the app.
It looks like a bunch of people are experiencing their phones locking up and/or becoming glitchy while using the app.
The other thing I noticed was that some people were reporting that sometimes the stores wouldn’t accept the coupons from their phone. I think this may be a because some coupons are null and void if copied? I guess this is because you can scan your paper coupons into the app.
I personally haven’t experience either of these issues.
A Few Things You Can Do With SnipSnap
Like other coupon apps you can search for coupons at your favorite stores. Some other things you can do with the SnipSnap coupon app are:
- Scan into the app any paper coupon (already mentioned above)
- Search hundreds of retailers for offers
- Save coupons for later and use them across your other devices
- Get expiration date reminders (this is great for me personally)
- Have the cashier scan your phone coupon during checkout
- See what coupons your friends or family have snipped
- Snip coupons from featured coupon bundles
One other cool thing that the app does is, when you enter a store the app will send a push notification to let you know what coupons you have saved for that particular store.
There are a couple of disclaimers that they note too:
** Works at most retail, restaurant and local businesses. Manufacturer coupons (redeemed at grocery stores) are not supported. **
The Dangers Of Coupon Apps
Actually there is nothing super dangerous about coupon apps, that is unless you are an impulse buyer.
Do you find yourself buying candy bars or do dads while you are in the check out lane? Or maybe you are shopping for a particular item and notice that something catches your eye….a sale for a different item.
This other item that is on sale isn’t what you went shopping for but somehow you convince yourself that yeah well, I was thinking about getting one of those and since it’s on sale now and I am here now, I might as well pick one up?
The same danger is there with coupon apps.
You will see deals for things that you really don’t need or didn’t know that you needed that is until you saw the deal. The danger of impulse buying is real.
Impulse purchases are a real thing. I have a friend that not too long ago bought a car, just on a whim. Every Spring she gets the itch to buy a new car.
She buys cars like I buy candy bars at the checkout. I never regret the candy, but I bet sometimes she has buyer’s remorse about the car.
My advice….only use the coupons if they are for something that you use already or for a purchase that you had already intended to make.
So Can You Make Money With SnipSnap Coupons?
Nope but you can save money by using coupons. Not a bad app, it just won’t make you any money.
If you really were hoping to make some money with the app but now that it turns out you can’t, you can take a look at what I do and learn how to make your own website and make money through online advertising.
The same training that I used to start earning passive income online is currently open to new members. The beginners course is FREE (no payment info needed).
Feel free to read the post I wrote about it.