(WZZM) - You've probably heard the saying, "A penny saved is a penny earned." Well, a popular new website actually allows you to earn money, directly to your Paypal account, when you buy certain items in your favorite stores.
Kristen Miles of Grand Rapids just started using Ibotta and likes it so far. "It requires a little bit of planning - a little bit of effort when you get home, but I've made over $12 so far on things I'm going to buy anyway."
You buy an item from your favorite store at any price you can find it. Then if it's also on Ibotta's virtual store shelf, you get paid a certain amount for that purchase by taking a picture of the receipt or the item's barcode. Each item will tell you how much money you can get back underneath its picture on Ibotta. The amount varies, but it's not hard to get $1 back.
Each day, there are about thirty items on the virtual shelf and if you tell them what you like and dislike, the site will adjust its offers accordingly. The site is free to join and you can get paid by having pals, just like Kristen.
"I had five friends who signed up and made a purchase and submitted a receipt. So once they did that I got a dollar for each friend."