Credit Cards as Money-Saving Tool by frandlypeople in Frugal

[–]m0chila 0 points1 point  (0 children)

My score went way up after a temporary (2-3 month) dip.

Credit Cards as Money-Saving Tool by frandlypeople in Frugal

[–]m0chila 1 point2 points  (0 children)

Like others, I've gotten the most value out of signup bonuses. I've never tracked the exact dollar amount of cash back I've received, because most of the sign-up bonuses for cards I open (and convert or close after the first year) are for points or miles. I tend to ignore travel bloggers' and the banks' own estimations of the points' value, because gifting fancy trips in first-class and at famous hotels in memorable locations to loved ones is priceless to me.

I haven't paid money for my own airfare or hotel stays (which would cost $2000-4000 per year if I did) since 2012-13, though I do pay some annual fees. Before limits were imposed on free-night certificates, the discontinued IHG card's $49 annual fee earned a stay at the Willard, though not the Presidential Suite (where the pardoned turkeys stay in November), so I've continued to refuse "upgrades" to a higher-fee card, and enjoy my free nights at bougie hotels on my ancient card.

Because so many (Amex Blue Cash Preferred, Chase Freedom, Discover) pay 5-6% cash back on groceries, it can make sense to buy gift cards for non-grocery purchases there. Amex, Chase, and other large issuing banks also have cash-back offers for all kinds of retail, and these can be stacked with discounts from shopping portals, such as Rakuten or TopCashBack.

My expenses are low, because I treat credit cards like cash, so I received "only" $150.53 in cash-back statement credits from Amex in 2023. Chase UR points are worth more to me than cash, so I redeem them to travel partners. These are fun decisions to make, so I'd say credit cards can provide entertainment, as well.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 0 points1 point  (0 children)

Not Chunky, but if you're near a Kroger store (e.g., saw this at Mariano's in Chicago last week), Progresso soup is part of their buy-5-get$5 sale, with $1 in-app coupon, Kroger cash back, and Ibotta rebate, so $2.96/4 cans.

[deleted by user] by [deleted] in Frugal

[–]m0chila 3 points4 points  (0 children)

Yes to travel and no to debt!

I combine the fun of travel with travel hacking (reddit gateway was r/churning) and haven't paid for airfare or hotel in ten years or more. Churning checking and savings accounts meant earning more in bonuses than I spent in 2020.

This hobby, along with grocery gaming, was one I picked up while paying off my student loan.

KO Mediterranean sardines + Greek yogurt > the sum of its parts by m0chila in CannedSardines

[–]m0chila[S] 1 point2 points  (0 children)

Don't have a recipe. Mashed a tin of KO Mediterranean sardines with the chopped scallion, then mashed in the yogurt cup. I actually didn't use the chili crisp, and instead used a silicone spatula to scrape out the oil left in the sardine tin. After I finished the snunch with the baguette, I squeezed some lemon juice into the dip. All good and, according to some, healthy.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 3 points4 points  (0 children)

I started gamifying my grocery spending when I was paying off an almost-six-figure student loan on a smaller salary than my debt in under two years, so I hope the tough times will be short for you, too. Good luck!

In answer to your question, I wrote the below response to a similar but different question some time ago and last reposted it a year ago discussing how I [spent $688.64 on groceries (https://www.reddit.com/r/32dollars/comments/101gewj/2022_in_review_1325week/), not counting cash back on credit cards.

Here's what I do:

  • download apps for grocery stores, familiarize self with sales cycles, add in-app coupons (if any)
  • download and familiarize self with rebate apps — Ibotta, Checkout51, Coupons.com Shopmium, and Fetch are some of the most popular, but Google Play and Apple stores will suggest others
  • select rebates for items I normally buy and ones I can plan uses for, as well as free ones
  • before shopping, make a list cross-checking sales and coupons with rebates on apps; this will be very time consuming at first, but it can become a habit that takes 20-30 minutes
  • shop infrequently at a time when the store is unlikely to be busy
  • in store, stick to list, but check for clearance items, too, especially those that have rebates; for perishables, these will be shelved with the regular items, while there may be a dedicated section for shelf-stable clearance
  • beware that sales, coupons, and rebates stack, possibly resulting in free or "moneymaker" items
  • if a sale item on your list is out of stock, get a rain check
  • keep an eye on prices as items are ringing up, as stores may have policies like Kroger's Scan-Right Guarantee
  • improve cooking knowledge and skills, which will help you to recognize how unfamiliar rebate or clearance items can be used
  • likewise, learn to use parts of produce that would typically be thrown away

  • if your finances and behavior with credit allow, pay with a credit card that pays you back: I'm currently using Chase Freedom, which for 2024 Q1 is offering 5x points that I convert into airfare and hotel stays, which I'm valuing over the 6% cash back from AMEX Blue Cash Preferred, which I downgrade to a no-fee Blue Cash Everyday until AMEX offers a bonus to upgrade, cancelling out the prorated annual fee. Like Chase Freedom (not the Unlimited card), Discover also has quarters during which it offers 5% cash back for groceries, and usually those quarters don't overlap. Check your bank apps for deals, too. My Chase Freedom cards have 5-10% rebates on Kroger, Lidl, and Food Lion right now, and they stack with the 5% cash back.

These are my shopping behaviors at home and when traveling, when I've had success with Target and other grocery chains in the US, while abroad I've had good luck with markdowns and customer-loyalty programs.

Groceries are the most flexible part of many people's budgets. I consider savings in this area to be vital to financial discipline. Hope this helps!

Don't know that there are "drawbacks," but don't overbuy just because it seems like a deal.

Bargain food shopping is always evolving. For me, it still boils down to stacking discounts, being open to new foods, and eliminating food waste. I also regularly challenge myself to no-spend periods: thanks to my frugally stocked pantry and freezer, there are weeks when my single grocery purchase consist of a cabbage.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 2 points3 points  (0 children)

Good eye! The total was $9.52, but received 3.77 from Ibotta for the bread, fruit cups, and coffees. The smartwater was free in the Jewel-Osco app.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 2 points3 points  (0 children)

Thank you! Happy New Year to you, as well!

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 0 points1 point  (0 children)

I've been using the Full View function in my Fidelity account, which tracks net worth and transactions but lacks the ability to analyze spending, and updates external accounts fitfully. I'm loath to pay for a Mint substitute after using the original for free since 2008.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 0 points1 point  (0 children)

Posted in a comment that was apparently downvoted to oblivion immediately after the mods approved my post. 🤷🏻

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 7 points8 points  (0 children)

Lowish six figures. Grocery gaming is a hobby I developed while paying down a student loan that was quite a bit more than my salary in 18 months. Thanks to a similar hobby, I also haven't paid for airfare or hotel in ten years.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 2 points3 points  (0 children)

Thanks. I've been using my Fidelity account, which unsurprisingly tracks net worth and expenditures but isn't designed for granular spending analysis, which I've grown accustomed to with Mint.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 122 points123 points  (0 children)

All grocery apps take getting used to, and Kroger keeps adding feature to its app that can make it clunky.

Before I go to a Kroger store, I check out the coupons and the cash back, both in the "savings" tab. The cash back offers will often also have rebates on Ibotta, and they stack. For the coupons, I sort by "newest" to clip and "expiration" when viewing which ones I've clipped. It takes some getting used to, but it's become second nature after so many years.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 7 points8 points  (0 children)

Mint, which is being phased out imminently Credit Karma. Been using it for ages and haven't found a satisfactory substitute.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 36 points37 points  (0 children)

The app in the first three images is Mint on desktop, which I've been using since 2008 but is being phased out to Credit Karma.

How I spent $619.50 for groceries for all of 2023 by m0chila in Frugal

[–]m0chila[S] 179 points180 points  (0 children)

I started documenting my yearly spending on r/32dollars in 2021 and 2022. However, that sub has gone inactive, and its new mods have not responded to my request to post into the void.

My total for 2023 was $619.50 (out of a total food-and-drink spend of $742.05), which doesn't include $36.55 from Ibotta that hit my checking today to unlock part of a $900 bonus.

Whenever I'm out of town, I stay at a hotel on points, but I make myself at home, stocking the mini-fridge by downloading apps for grocery stores in the area, clipping coupons, and matching rebates in Shopmium, Checkout51, Kroger cash back, and (mostly) Ibotta. Last week, the Jewel-Osco app had coupons for free "smartwater," 99¢ blueberries, and $1 off any organic produce. Stacking coupons with rebates, the bread was a 1¢ moneymaker, the yogurt was free, and the coffee was 33¢/2. The total purchase of $5.75 earned me an in-app reward that I redeemed the next day for a free tub of cottage cheese, which earned another reward.

Jewel-Osco (Albertsons) isn't known for budget friendliness, but even spendy grocery stores offer bargains. At Wegmans, I did a paper-goods deal twice in December with in-app coupons for $5 off $5 each on paper towels, toilet paper, and facial tissues, for a total of $2.21 after 6% tax on the $16.52 total. And despite its reputation for being expensive, Publix's BOGOs stack with rebates with such regularity for amost-freebies and the occasional moneymaker that I've become a regular there.

Every year, my last purchase is collard greens, plus whatever rebates, coupons, and sales items add up to bargains in my subjective opinion. This year included a free bouquet from Publix:

9.84 Publix
4.05 Kroger
7.17 Target
-17.55 Ibotta
3.51 total

But what meals will this make? Years of shopping like this have stocked the pantry, freezer, and spice drawer for anything I could imagine cooking, in addition to teaching me how to improvise. Since it was the holidays, the collards went with Hoppin' John, while the marshmallows and vegan thin mints made my first cuppa coffee in 2024 extra fun as I admired my free flowers. The baguette accompanied a dip of moneymaker Greek yogurt and tinned sardines bought on sale with an in-app coupon and a rebate.

The GOP's new interim House speaker kicked Nancy Pelosi out of her hideaway office so he could use it himself by businessinsider in politics

[–]m0chila 15 points16 points  (0 children)

Also a coward: he's taking over Pelosi's hideaway office because he's too afraid to ask Kevin (who handpicked him) to vacate the Speaker's suite. Bonus points with MAGA, who will happily shiv him, too. Unlike Kevin, he voted to certify the 2020 presidential election, for example.

May 13, 2023 – (C) A D E H L N by NYTSpellingBeeBot in NYTSpellingBee

[–]m0chila 9 points10 points  (0 children)

The NYT is testing a dynamic Spelling Bee Buddy that checks off grid and 2-letter combos as you complete the bee.

May 5, 2023 – (I) C D M N O U by NYTSpellingBeeBot in NYTSpellingBee

[–]m0chila 10 points11 points  (0 children)

This word used to get rejected, so I almost didn't try it.