An Antidote To Inflation? ‘Buy Nothing’ Groups Gain Popularity
These groups are having a moment, adding some two million participants in the past year as prices rise and concerns grow over waste. An Antidote To Inflation? ‘Buy Nothing’ Groups Gain Popularity
Millions of people are joining groups that help them acquire the things they need—without paying a cent.
With inflation hitting a 31-year high and supply-chain issues making it difficult for people to get the goods they want on time, some have found an answer in online groups where members give things away free. Such groups have risen in popularity in recent months, and one effort known as the Buy Nothing Project hit 4.27 million members as of August.
Liesl Clark, a co-founder of one of the biggest online gifting groups, says she expects membership to hit five million next year. Other informal gifting groups between friends and neighbors have existed online and off for years.
The growth of these groups now is partly fueled by people’s desire to reduce waste, connect with neighbors and trim some spending as consumer prices rise sharply. Members may check out their local group for items, such as children’s toys, for which they may have limited use.
Or they may log on to see if items they need—say accent pillows or a cellphone charger—are available before ordering one on Amazon.com Inc.
“People are looking for alternative ways to get what they want and need,” Ms. Clark said.
Ms. Clark and Rebecca Rockefeller, residents of Bainbridge Island, Wash., started the Buy Nothing Project in 2013 out of concern over the amount of waste households create and a desire to reduce the environmental harm caused by the plastics they throw out. The group added two million members between March 2020 and October 2021, and there are nearly 7,000 Buy Nothing communities world-wide in about 44 countries.
Items run the gamut. Ms. Clark has seen items ranging from waffle makers to random single socks to clippings from a haircut that someone used for a wig listed in these groups.
Rising prices are in part motivating Laura McGrath to give away more and seek out some items from her Buy Nothing group.
Ms. McGrath, a 57-year-old special education teacher in West New York, N.J., recently received a wheelchair for her mother-in-law to use when she visits. She also lets other members of the group borrow it for short-term use.
Ms. McGrath, who recently moved to a smaller home, has been pulling items such as shelving, dishes and holiday décor from her storage unit to give to others in her community and keep waste out of landfills.
“I know there may be a greater need to give now that some people’s budgets are tighter,” she said.
Ms. McGrath, a 57-year-old special education teacher in West New York, N.J., recently received a wheelchair for her mother-in-law to use when she visits. She also lets other members of the group borrow it for short-term use.
Ms. McGrath, who recently moved to a smaller home, has been pulling items such as shelving, dishes and holiday décor from her storage unit to give to others in her community and keep waste out of landfills.
“I know there may be a greater need to give now that some people’s budgets are tighter,” she said.
As prices of items such as furniture and groceries increase, consumers may seek cheaper alternatives, said Greg McBride, chief financial analyst at Bankrate. They generally haven’t made those swaps yet. Prices for apparel, a frequent category in Buy Nothing groups, rose 4.3% in October from a year ago, according to the Labor Department.
The price of living room, kitchen and dining room furniture, other popular items in these groups, rose 13.1% in October from a year ago.
The pandemic ushered in a wave of online shopping, with Amazon posting $386.1 billion in sales in 2020. The desire to give back and reduce waste drives membership in these groups, said Gaëlle Bargain-Darrigues, a Ph.D. student at Boston College who has conducted research on Buy Nothing groups. She said that participation often generates a sense of community.
“Most members feel a sense of moral compulsion,” she said.
Finding free items online has limited utility as an inflation hedge, said Philip Lee, a financial planner in Wakefield, Mass. People may never find what they want, and the timing of when they need an item such as a refrigerator, may not correspond to when another member offers it, he said.
Mr. Lee, an avid member of Buy Nothing Marblehead, Mass., said searching for items and arranging pickups is time-consuming. He has given two electric leaf blowers, two bicycles, beach chairs and tomato cages. Mr. Lee has received fine-art books and tablecloths.
With inflation predicted to linger into next year, people might look closer to home for items, Buy Nothing’s Ms. Clark said.
Jenn Crafts joined her local Buy Nothing group soon after the pandemic temporarily closed The StageCrafts, a theater-venue rental company she co-owns with her husband.
The 43-year-old Los Angeles resident wanted to replace a lounge chair for the couple’s living room, but they didn’t have the money in their budget after nearly their entire income disappeared overnight.
She put the request to the group and soon found a used chair she estimated would have cost about $700 to buy new. She got it free.
Recently, she received new sneakers from her local Buy Nothing that she estimated would have cost about $70. Ms. Crafts has given gently used items, such as an antique pine desk left over from her theater productions.
Her business has since reopened and her income is rebounding, but Ms. Crafts plans to continue to check the group several times a day.
“Prices are rising and who doesn’t like to save money,” she said.
Updated: 11-19-2021
19 Companies That Will Give You Free Food And Products Just For Asking
Man, there’s nothing better than free stuff. Like when you’re walking through a mall’s food court and an employee offers you a bite-sized morsel of bourbon chicken impaled on a toothpick?
Always take the bite-sized morsel of bourbon chicken. Always. Every single time. You don’t even have to be hungry. Right?
The point is, we all love free stuff. But not all free stuff is worth loving.
After extensive research, our crack staff of freebie-ologists have put together this sweet list of quality freebies for you. Only the finest freebies are allowed in this list. From coffee to coconut oil to diapers, here’s the ultimate list of our favorite free stuff online.
1. Free Pancakes, Anyone?
Sign up for MyHop (that’s IHOP’s loyalty program) to get a free stack of pancakes. Once you create your account, you’ll get an email with your coupon.
A few tips: Be patient for the email; we received it several hours after signing up. Also take note of the expiration date, which was two weeks out for us.
2. Get A Free $83 For Playing Solitaire
Lots of us already play Solitaire on our phones for fun or just to pass the time. Want to see if you can win money at it?
There’s a free app called Solitaire Cash that lets you play for real money. You could get paid up to $83 per win.
You might be thinking: There’s got to be a catch. This is definitely one of those spammy apps, right?
Wrong. There really isn’t a catch. Sure, you can pay to play in some higher-stakes tournaments, but there’s no pressure. And, in fact, there aren’t even any annoying ads.
With each game, you’ll battle it out against at least five other players. Everyone gets the same deck, so winning is totally a matter of skill. The top three players who solve the deck fastest can win real money — anywhere from $1 to $83.
Over on the App Store, it has over a million downloads and more than 15,000 ratings, averaging 4.7 stars (out of 5).
To get started, just download the free app and start playing your first game immediately.
3. Free Bagel And Shmear
Welcome to the Shmear Society! OK, that sounds a little weird, but Einstein Bros. Bagels has a pretty legit rewards program. When you sign up, you’ll get a free bagel and shmear (or cream cheese).
Plus, you’ll start earning points — two points for every $1 — good for more freebies. It’s super easy to join, and who doesn’t need a good carb kick?
4. Free $225 In Cash
If we told you that you could get paid to watch videos on your computer, you’d probably laugh.
It’s too good to be true, right?
A website called InboxDollars will pay you to watch short video clips online. One minute you might watch someone bake brownies and the next you might get the latest updates on Kardashian drama.
All you have to do is choose which videos you want to watch and answer a few quick questions about them afterward. Brands pay InboxDollars to get these videos in front of viewers, and it passes a cut onto you.
InboxDollars won’t make you rich, but it’s possible to get up to $225 per month watching these videos. It’s already paid its users more than $200 million.
Enter your email address here and you’ll immediately get a $5 bonus to get you started.
5. Free Pizza
You can get a free personal one-topping pizza on your next visit when you sign up for Chuck E. Cheese’s More Cheese Rewards program.
In addition to free pizza, you’ll get a $10 reward for every three visits when you spend over $20 and unspecified treats on your birthday and half-birthday.
Everyone forgets the half-birthday.
6. This Company Will Give You Free Money For Using Your Debit Card
Here’s the deal: If you’re not using Aspiration’s debit card, you’re missing out on extra cash. And who doesn’t want extra cash?
Yep. A debit card called Aspiration gives you up to a 10% back every time you swipe.
Need to buy groceries? Extra cash.
Need to fill up the tank? Bam. Even more extra cash.
You were going to buy these things anyway — why not get this extra money in the process?
Enter your email address here, and link your bank account to see how much extra cash you can get with your free Aspiration account. And don’t worry. Your money is FDIC insured and under a military-grade encryption. That’s nerd talk for “this is totally safe.”
7. Get A Free $80 for Playing This Cell Phone Game
We all have our favorite ways to kill time. A good book, a good conversation, a hockey game.
Here’s another good time-killer: Playing games on your iPhone. And what if you could play for money? Real money?There’s a free iPhone and iPad app called Bubble Cash that pays you to play. You can get paid up to $80 per win!
You might be wondering if there’s a catch. But there’s really not. Bubble Cash is free to download and is completely skill-based. And it’s quite popular. It has more than a million downloads and averages a rating of 4.5 out of 5 on the App Store.
Players have won hundreds of thousands in prize money so far.
To get started, just download the free app and start playing your first game immediately.
8. Get A Free $80 In Target Gift Cards
Got opinions? You could get up to $80 a month in free Target gift cards just for answering a few questions about your likes and dislikes.
There are a bunch of paid survey sites out there, but one of the best we’ve found is Survey Junkie.
They’ll ask you questions about things like, what kind of laundry detergent you use, or if you prefer Pepsi or Coke. You get points for answering, and many people accumulate enough points to request a Target gift cards within a few hours.
More than 10 million people already use Survey Junkie, and it has 4.5/5 stars on TrustPilot.
Join for free and take your first survey to start earning points — you could cash out as soon as today.
9. Free Credit Score
No, really. Hear us out.If you’ve ever tried to get your credit score, you know most services make you sign up for a trial or charge you an outrageous amount of money. But it’s your credit score! Where do they get the nerve?
Enter your email address here and Credit Sesame will give it to you for free. And it takes about 90 seconds.
You’ll also see a credit report card, so you can check for errors. Finding and correcting just one could give your credit score a significant boost.
10. Free Godiva Chocolate
Free Godiva chocolate — what could be better? We’re pretty sure free Godiva chocolate is handed out every day in heaven. Probably those chocolate salted-caramel truffles.
Even better: This offer isn’t a one-time deal. Once you sign up, you get free chocolate every month at participating locations, plus birthday chocolate!
11. Free Ice Cream
We’ll never, ever pass up an opportunity for free ice cream. If we ever do, you should go ahead and start making our funeral arrangements. This is free ice cream we’re talking about!
When you download the Slab Happy Rewards app from Marble Slab Creamery, you’ll get free ice cream just for signing up. After that, you’ll earn points for each dollar you spend, and you can cash them in for $5 off future purchases.
12. Free Amazon Gift Cards
Grocery shopping was never exactly pleasant. But these days, it’s a downright struggle. Fighting crowds; keeping six feet of space — just buying toilet paper is a feat. Shouldn’t you have something to show for it?
A free app called Fetch Rewards will reward you with gift cards just for buying toilet paper and more than 250 other items at the grocery store.
Here’s how it works: After you’ve downloaded the app, just take a picture of your receipt showing you purchased an item from one of the brands listed in Fetch.
For your efforts, you’ll earn gift cards to places like Amazon or Walmart.
You can download the free Fetch Rewards app here to start getting free gift cards. Over a million people already have, so they must be onto something…
13. Free Coffee
Want to try a bag of some of the best coffee in the country — completely free?
You can get a 2-ounce trial of Blue Bottle’s famous beans for nothing at all.
It’s part of their monthly subscription service, so you’ll need to enter your credit card info, but you’ll get an email before Blue Bottle charges you and sends you more coffee. Just cancel your subscription if you don’t want to keep getting coffee.
14. Add $225 To Your Wallet Just For Watching The News
It’s been a historic year in news, and we’re all constantly refreshing for the latest updates. You probably know more than one news-junkie who fancies themselves an expert in respiratory illness or a political mastermind.
And research companies want to pay you to keep watching.You could add up to $225 a month to your pocket by signing up for a free account with Swagbucks. They’ll present you with short news clips to choose from every day, then ask you a few questions about them.
You just have to answer honestly, and Swagbucks will continue to pay you every month.
This might sound too good to be true, but it’s already paid its users more than $429 million. We talked to one user in Pennsylvania, 52-year-old Carolinda Hendrickson, who earned $1,200 in a year.
It takes about one minute to sign up, and start getting paid to watch the news.
15. Free Roast Beef Sandwich
Hungry? Arby’s has an email list. If you sign up for it, you’ll get a free Roast Beef Classic with the purchase of a drink. (Arby’s will also send you coupons.)
This is one of the only offers on this list that requires you to buy something to get something else for free. But hey, you’re going to need something to wash down your free roast beef sandwich.
16. Get Up to Free $200 in Free Stocks
An investing app called Robinhood will give you up to $200 worth of free stock in companies like Visa, Microsoft and GE, just for downloading its app and opening a free account.
Robinhood is free and easy to navigate, which is why more than 10 million people use it.
How to claim your free stock: Sign up using this unique referral link. Once you create your account, Robinhood will give you a free share of stock.
The share is chosen randomly (hence why it could be worth anywhere from $2.50 to $200) and can fluctuate with the stock market.
17. Free Dunkin
Do you run on Dunkin?
Join the DD Perks program to get a free beverage when you sign up and on your birthday. Plus, you’ll earn points for every purchase and get a free beverage for every 200 points.
18. Sephora Beauty Products
Oooh, Sephora.
Become a “Beauty Insider,” and you’ll have your choice of a free beauty kit from Fresh or Marc Jacobs on your birthday.
19. Get $5 In Amazon Or Google Stock
Imagine if you had bought one share of Amazon for $18 when the stock first went public. Today, it would be worth more than $20,000 — despite all the ups and downs in the stock market.
But if you work for a living and don’t happen to have millions of dollars lying around, that can sound totally out of reach.
That’s why a lot of people use the app Stash. They’ll give you $5 of stock in Amazon (or another company of your choice) just for opening an account.
The best part? When these companies profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends.
How to claim your free bonus: It takes just a couple of minutes to sign up and get your bonus stock — you may even just get a share of the “next Amazon.”
With Stash, all your investments are protected by the Securities Investor Protection Corporation (SIPC) — that’s industry talk for, “Your money’s safe.”2
1Not all stocks pay out dividends, and there is no guarantee that dividends will be paid each year.
2To note, SIPC coverage does not insure against the potential loss of market value.
For Securities priced over $1,000, purchase of fractional shares starts at $0.05.
*Offer is subject to Promotion Terms and Conditions. To be eligible to participate in this Promotion and receive the bonus, you must successfully open an individual brokerage account in good standing, link a funding account to your Invest account AND deposit $5.00 into your Invest account.
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Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)
Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)
Blockchain And AI Bond, Explained (#GotBitcoin?)
Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)
XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)
Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)
As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)
Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)
‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)
Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)
Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)
Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)
Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)
Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)
Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)
Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)
World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)
Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)
Another Crypto Exchange Receives License For Crypto Futures
From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)
These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)
Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)
Quantum Computing Vs. Blockchain: Impact On Cryptography
This Fund Is Riding Bitcoin To Top (#GotBitcoin?)
Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)
Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)
Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)
You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)
Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)
Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)
Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)
Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)
Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)
Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)
JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)
Is There A Big Short In Bitcoin? (#GotBitcoin?)
Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes
Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)
There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)
You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)
North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)
Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)
Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)
Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets
Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)
Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)
Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)
The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)
Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)
Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)
Recession Is Looming, or Not. Here’s How To Know (#GotBitcoin?)
How Will Bitcoin Behave During A Recession? (#GotBitcoin?)
Many U.S. Financial Officers Think a Recession Will Hit Next Year (#GotBitcoin?)
Definite Signs of An Imminent Recession (#GotBitcoin?)
What A Recession Could Mean for Women’s Unemployment (#GotBitcoin?)
Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)
Goldman Is Looking To Reduce “Marcus” Lending Goal On Credit (Recession) Caution (#GotBitcoin?)
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