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I Have A Separate Bank for Paying Netflix

posted Jul 12, 2020, 5:20 PM by Jeff Wagner   [ updated Jul 29, 2020, 9:26 PM ]

Because I drive quite a bit, I pass the time listening to podcasts. Always looking for ways to diversify my income, in addition to the occasional laugh, I latched my ears to Get Rich Nick (@getrichnickpod) from the first episode. Week after week, the duo of Nicks tries one money-making scheme after another. Some are more successful than others, but all are hilarious. From winning a car on The Price is Right, to shopping InstaCart during the pandemic, they have shared just about every side hustle.

One of their most successful episodes centered on SoFi Money. By posting their referral link in the show notes, they raked in hundreds of dollars in bonuses. I was glad to sign up and get my credit, which was paid out as soon as I deposited $500. Playing around in the app, I found a link that would get me a free share of stock with SoFi Invest, so I followed that and got a share of Amazon. After transferring the funds back to CapitalOne, I didn't know what else to do other than watch my Amazon stock grow.

Then the pandemic struck. To compensate for everyone staying home, SoFi Money emailed offering to save percentages on various streaming services. We are big Netflix fans, so I started a small payroll direct deposit to my SoFi Money account. As the pandemic has worn on, SoFi Money has added grocery discounts, including InstaCart. Now I have a separate bank just for paying Netflix that I can also use for groceries. Because of the tiny direct deposit every pay period, my bill is automated out of sight and out of mind.

As of this writing through September 2020, they are offering a 10% discount on streaming services and several grocery stores. The current sign up bonus pays you $50 for using my referral link

Disclosure: This article contains referral links to InstaCartAmazon, CapitalOne, NetflixSoFi Invest, and SoFi Money. Following my links helps support my blog. Thank you