Comments on: Direct Deposit Works for Rebate Deals http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/ Put the \"personal\" back in personal finance, the \"me\" in money management, the \"I\" in investing. Mon, 23 Nov 2009 16:06:06 +0000 http://wordpress.org/?v=2.3.3 By: Jack http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9077 Jack Fri, 02 May 2008 19:21:04 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9077 It's my understanding also that Cub limits the program to $1200. It’s my understanding also that Cub limits the program to $1200.

]]> By: S http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9076 S Fri, 02 May 2008 12:57:02 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9076 There's a site called The Grocery Game (www.thegrocerygame.com) which tracks local grocery sale trends and coupons and gives you essentially a Buy rating on how to combine coupons and sales to get the best deal. Then you can stock up knowing you're getting the very best price. In the Twin Cities, they track Cub, so with that guidance plus the 10% gift card deal, I'm looking to make out like a bandit! (no affiliation with The Grocery Game, by the way, just a user with a good experience) There’s a site called The Grocery Game (www.thegrocerygame.com) which tracks local grocery sale trends and coupons and gives you essentially a Buy rating on how to combine coupons and sales to get the best deal. Then you can stock up knowing you’re getting the very best price. In the Twin Cities, they track Cub, so with that guidance plus the 10% gift card deal, I’m looking to make out like a bandit! (no affiliation with The Grocery Game, by the way, just a user with a good experience)

]]> By: Betsy http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9075 Betsy Thu, 01 May 2008 20:04:46 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9075 I am considering this, as well. 10% rate of return is a little different for me since I'm single and do part of my shopping at Cub and part of it at the co-op down the street. I am considering putting the equivalent amount in my long-term savings, though (the place this rebate will go otherwise), either all at once up front or in the same increments in which I use the Cub cards as I use them. This would meet both goals: get some free groceries *and* bulk up my long-term savings which I recently spent down to pay my unexpectedly large tax bill. The interest on that savings account is OK, but not the reason I park money there. It's for my vacation, and January bulk payments to my Roth IRA. And the cents off purchases at holiday don't hurt, either. The only hesitation is one I share with Mike D above, and that's whether I trust my discipline to only buy things I would have purchased anyway, at the rate I would have purchased them. I have proven myself to be pretty trustworthy the last year or so as I've focussed on this part of my life, but this would still be a big test. A big chunk of Cub-only cash like that, though, gives me more flexibility in really stocking up on non-perishables when there's a really good sale. I think I just might... I am considering this, as well. 10% rate of return is a little different for me since I’m single and do part of my shopping at Cub and part of it at the co-op down the street. I am considering putting the equivalent amount in my long-term savings, though (the place this rebate will go otherwise), either all at once up front or in the same increments in which I use the Cub cards as I use them. This would meet both goals: get some free groceries *and* bulk up my long-term savings which I recently spent down to pay my unexpectedly large tax bill. The interest on that savings account is OK, but not the reason I park money there. It’s for my vacation, and January bulk payments to my Roth IRA. And the cents off purchases at holiday don’t hurt, either.

The only hesitation is one I share with Mike D above, and that’s whether I trust my discipline to only buy things I would have purchased anyway, at the rate I would have purchased them. I have proven myself to be pretty trustworthy the last year or so as I’ve focussed on this part of my life, but this would still be a big test. A big chunk of Cub-only cash like that, though, gives me more flexibility in really stocking up on non-perishables when there’s a really good sale.

I think I just might…

]]> By: steggers http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9073 steggers Thu, 01 May 2008 17:09:39 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9073 Like I said I might be wrong. But I thought Cub would limit you to $1200 in gift cards, regardless if you have kids or not. Like I said I might be wrong. But I thought Cub would limit you to $1200 in gift cards, regardless if you have kids or not.

]]> By: Kara McGuire http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9071 Kara McGuire Thu, 01 May 2008 15:36:14 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9071 It's $1200 per couple. But kids under age 17 net you $300 more per child. It’s $1200 per couple. But kids under age 17 net you $300 more per child.

]]> By: steggers http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9068 steggers Thu, 01 May 2008 12:12:58 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9068 I thought I read that there is a $1200 per family limit. I might be wrong. I thought I read that there is a $1200 per family limit. I might be wrong.

]]> By: robin marty http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9065 robin marty Wed, 30 Apr 2008 19:30:06 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9065 Add on top of the 10% gain the fact that you should also be getting the X cents off a gallon of gas coupon that comes with every purchase. thanks to our new expense of a canister of formula and package of diapers on every shopping trip, we never make it out with less than $150 grocery bill, but that means 15 cents off every gallon of gas. Add on top of the 10% gain the fact that you should also be getting the X cents off a gallon of gas coupon that comes with every purchase. thanks to our new expense of a canister of formula and package of diapers on every shopping trip, we never make it out with less than $150 grocery bill, but that means 15 cents off every gallon of gas.

]]> By: Matt http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9064 Matt Wed, 30 Apr 2008 18:46:07 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9064 Milk it. Good one. That's a lot of free bread. Milk it. Good one.

That’s a lot of free bread.

]]> By: Bridget http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9063 Bridget Wed, 30 Apr 2008 18:33:01 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9063 I'm with you on the grochery gift cards. I'm oinly going to purchase $600 worth of the gift cards, but that's still $60 in free money. I’m with you on the grochery gift cards. I’m oinly going to purchase $600 worth of the gift cards, but that’s still $60 in free money.

]]> By: Jack http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9062 Jack Wed, 30 Apr 2008 17:07:55 +0000 http://blogs2.startribune.com/blogs/kablog/2008/04/29/direct-deposit-works-for-rebate-deals/#comment-9062 I'm with you on this one Kara as 10% free money is too good to pass up as we're going to spend it at Cub eventially. It makes the decision easier by not having any other debt to pay off. Off course my neightbor who is always pressed for money and behind on bills couldn't wait to buy a new big screen TV so they bought it on one of those no interest for 15 month deals and plan to use thier check to pay it off. I'd say it's about an even money bet that they blow the check on something else once it arrives and then scramble to pay off the TV once the no interest deal comes due. I’m with you on this one Kara as 10% free money is too good to pass up as we’re going to spend it at Cub eventially. It makes the decision easier by not having any other debt to pay off.

Off course my neightbor who is always pressed for money and behind on bills couldn’t wait to buy a new big screen TV so they bought it on one of those no interest for 15 month deals and plan to use thier check to pay it off. I’d say it’s about an even money bet that they blow the check on something else once it arrives and then scramble to pay off the TV once the no interest deal comes due.

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