Friday, March 28, 2008

Snowflake report - $8.99

Yesterday I received in the mailbox (It's like Christmas!) a rebate check from Rite Aid for $8.99. If you are unfamiliar with rebating for Rite Aid or Walgreen's stores it is something that you need to add into your Debt and/or Savings Strategy. The comapniaes give away free items every month and all you have to do is purchase them and then send in the rebate forms. Free stuff free and clear. Some people like to rebate items and have RiteAid put the refund onto a gift card so that when they go into the store again they do not have to pay anything out of pocket. Their previous refunds pay for the new merchandise. They roll this over ad over so they never have to pay anything out of pocket.

I do this a different way. I have them send me a check instead of putting it onto a store giftcard. I like getting the rebate checks becasue as soon as they show up I count them as snowflake money and put them right towards debt. If I were just have them put it onto the giftcard each month then I would just spend this money again. This way I feel like I am really using the money for debt rather than just savings.

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