A Review of the Dosh App. Legit or a Scam?

A Review of the Dosh App. Legit or a Scam?

Today I’m going to review an app called Dosh that gives you cash back automatically.

It doesn’t give you points or coupons, just cold hard cash.

I’m going to explain what it is, how it works and whether or not you should consider downloading it.  

What is Dosh?

Dosh launched in 2017, making it fairly new compared to sites like Rakuten and Swagbucks. However, in its short existence, it has received a lot of attention for being one of the best cashback apps out there. 

When I joined in 2017, I was surprised how simple it was to earn cash back.

I simply created an account, connected my credit card, and forgot about it.

There were times I would check in on the app and realized I had earned cash back without even trying.

A few times after filling up my car with gas, it would immediately give me a percentage of cash back on the gas purchase.

My current Dosh lifetime earnings:

Dosh App Review | Simplifinances

With that being said, is Dosh legit or is a scam?

Should You Download Dosh?

Based on my experience, it has been great! The hardest part was setting up the account and since then, I’ve literally done nothing since.

There are 5 ways I’ve earned cash back with Dosh: 

1. Earn $5.00 by Linking Your Card

Once you sign up and link a card, $5.00 will be added to your Dosh wallet. After that, your balance will grow as you spend, and once your balance reaches a minimum of $25 you can cash out via PayPal. 

2. Online Cashback

If you’re a frequent online shopper, you’re really missing out not having Dosh. Here are a few places you can earn cash back: 

  • 1-800 Flowers – 5% Cash Back
  • Tile – 5% Cash Back
  • Forever 21 – 3% Cash Back
  • Sam’s Club – 3% Cash Back
  • Uber Eats – 9% Cash Back
  • Old Navy – 3% Cash Back

3. In-store Cash Back

If you fill-up gas at Sam’s Club or Exxon you can get 2% cashback (these offers come and go and may not be available when you download Dosh). If you grab a cup of coffee in the morning from Dunkin Donuts get 4% cashback for that too. No coupon, no receipts, and no scanning involved.

Here’s a few other in-store cash back locations:

  • Dunkin Donuts – 4% Cash Back
  • Pizza Hut – 3% Cash Back
  • Sam’s Club – 2% Cash Back (for limited times)
  • Sephora – 5% Cash Back
  • Gap – 3% Cash Back
  • Mattress Firm – 2% Cash Back
Dosh Review | Simplifinances

4. Cash Back on Hotels

A new update to the Dosh app in 2019 was the added feature of earning cashback on hotels. This can be huge if you’re someone that travels a lot.

Simply book a hotel through the app and it will tell you the amount in cash back before you book a hotel. For example, I could book a hotel in Houston, Texas right now for $76 per night and receive $22.26 back in cash.

That’s a sweet deal!

4. Referral program

Once you get familiar with the app you can share it with friends and family and make a little extra cash that way.

As soon as you sign up, you’ll see the option to refer found on the bottom of the screen. Click here and you’ll be given a referral code.

Send this code to friends and family through email, text message, or social media channels. If one of the recipients clicks the link, downloads the app, and links his or her credit card, you earn a referral bonus of $5 and they get $5 for signing up.


How Does It Work?

Like I mentioned at the beginning, it’s really easy! Here are 4 steps and that’s literally it:

  1. Connect your card. Securely link your credit and debit cards and whenever you make a purchase, Dosh gives you cashback.
  2. Shop and dine out. Pay with your linked card at 1,000s of stores and restaurants, and get up to 10% cashback automatically in your Dosh wallet.
  3. Get paid to refer. Refer your friends to Dosh and get $5 for each one who signs up and links a verified card.
  4. Transfer your cash. Transfer your cash to a bank account, PayPal, or donate to charity from the app.
Dosh App Review | Simplifinances

Is It Safe?

Dosh uses bank-level security and mentions on their website, “we’re serious about your security, and we protect every piece of data you share with us.”

Here’s a few more bits of information if you’re worried about security:

  • SSL Encryption – Our app is secured with 256-bit encryption to ensure your information is protected
  • Data Safeguards – Dosh does not store any credit or banking information. All credit card information is tokenized and vaulted using Braintree, a PayPal service
  • Anonymity – Rest assured, Dosh does not sell personally identifiable information to any third party
  • Account Authentication – We use Multi-Factor and Two-Factor Authentication to prevent unauthorized access

Dosh Review Conclusion

If you’re a regular shopper, it certainly wouldn’t hurt to get back some of the cash you’ve been spending. It’s even better if you live in an area populated with businesses participating in the program.

The nice thing about Dosh is there are no hoops to jump through in order to get cashback.

But, don’t let the cashback deals entice you to spend more money than you would normally spend. Remember to be smart with this and only spend money on things you need and/or value. 

This has been my Dosh review but I invite you to try for yourself. Don’t just take my word for it. Download the Dosh App today.

If you’ve read this far, what do you have to lose?If you’d like to read more app reviews, check out:

I think it’s a great way to get long-term benefits on much of your shopping and spending. 

Download Dosh get $5 | Simplifinances

If you’d like to read more about app reviews, read 79 Apps That Will Make You Better With Money or read The Ultimate Guide to Making Side Income.

Two Apps That Will Negotiate Your Bills and Save You Money

Two Apps That Will Negotiate Your Bills and Save You Money

My mission at Simplifinances is to help you master your personal finances by simplifying them. This year I discovered two apps that do just that. I was able to negotiate a few bills and cancel a subscription by just lifting a finger. 

I had to do this twice to make sure it actually works. And I’m here to tell you that it works. Is all you have to do is click a button and your personal bill negotiators will do the work for you. No uncomfortable calls with customer service reps and no getting pushed around. 

I’m going to share with you how I canceled one subscription and was able to get a discount on one of my bills with very minimal effort. 

What is Trim?

Trim is a holistic financial management service that enables you to achieve your financial goals through personalized recommendations and savings opportunities. Trim can: Negotiate your cable, internet and/or phone bill with ANY provider, lowering your bill by up to 30%. It’s actually not an app but a machine-learning personal finance bot that you can only use on your desktop. 

What I used Trim for?

My wife and I recently moved to Texas and had to find a new Internet Service Provider (ISP). We could have gone with some alternative low-cost options with lower bandwidth but decided to go with AT&T because that seems to be the most popular around here. So far we have been pretty happy with them. Right now we’ve been paying about $50/month for 100 bps which is maybe more than we need but with my wife’s business and streaming Netflix because of our kid we wanted to make sure we didn’t have to worry about losing a connection.

It’s only been 3 months that we’ve been paying for it and when I linked up my bill to Trim, it asked me if I wanted to negotiate my AT&T bill. I clicked yes, and within a couple of days, I had a $25 discount on my bill. Instead of paying $52.21, my bill was for $27.21 and Trim took a cut of that. Which leads me to the next part. 

How much does it cost?

Because Trim saved me $25 on my AT&T bill they take a 25% cut of whatever they save me which I think is reasonable because I’m still able to get a 75% discount on my bill that I would have otherwise not been able to get. So I had a transaction come out of my account for $6.25 so my total bill for that month ended up being $33.46 for a total saving of $18.75. I’m pretty sure the discount was only for the month of November but I will continue to monitor it to see if discounts in the future will continue to be applied. 

On a side note, we have very few recurring bills and I’m sure if you’re someone that pays a lot in monthly bills and subscriptions that you would benefit from using the trim services. 

Use my link here to sign up.

What is Clarity Money?

It’s like having someone watch your back financially. Clarity Money launched in 2017 and is still growing fast! They were recently acquired by Goldman Sachs online banking arm Marcus, which will make future service rollouts interesting. Clarity claims to offer the following services:

  • Track bank account activity
  • Cancel unwanted subscriptions
  • Create savings goals
  • Deliver insights to you (Additional services you might not know about plus spending analysis).

To me, Clarity has a more user-friendly platform. If you only want to track spending and cancel unwanted subscriptions, Clarity has a better feel than Trim.

What I used Clarity Money for?

When I took Finance in business school we were required to subscribe to the Wall Street Journal. I believe it was $48 per year when I signed up which came out to $4 a month. I know $4 a month is not that much but after my class, I found myself paying for the Wall Street Journal each month but I hadn’t read an article from it for a while. So even though it was only a small amount each month it wasn’t adding any more value to my life at the time. 

So at the beginning of this year, I tried to cancel my subscription online. But by doing so, they told me that I had to call in and talk with one of the customer service reps if I wanted to cancel. And so I did. I got on the phone with a sweet lady who started to explain to me all of the reasons why it’s worth and why I shouldn’t cancel. She said, “if you’re going to be in the industry having a subscription to the Wall Street Journal will be very beneficial in your career on staying up to date on the latest news.” So she ended up talking me into keeping it. Then after a few weeks, I realized I still wasn’t using it. 

When I logged in to Clarity Money it asked me if I would like to cancel the Wall Street Journal. I thought, why of course. So I clicked “cancel” and by the next day, my subscription was canceled. No phone call, no uncomfortable conversation. 

You can also cancel unwanted subscriptions like Hulu, Pandora, etc. super easy. We really don’t have a lot of subscriptions but who knows, if you connect your bank information they may just tell you about some subscriptions you didn’t even realize you were paying. 

How much does it cost?

Clarity Money is completely free. Since they’re owned by Marcus by Goldman Sachs, I’m interested to see if Marcus customers will enjoy exclusive perks. It’s still fairly new and I believe it will continue to catch on with consumers as a smart way to save money. 

Like Mint and other free financial apps, Clarity does make money if you sign up for any recommendations including credit cards or the Acorns micro-investing app.

Use my link here to sign up.


Both of these personal finance platforms are still really new and I believe they have a lot of potential to help many people stay on top of their finances.

Let me know what you think if you decide to get started with either one.

For more ideas on how to save money and increase your income, click here.

Is Black Friday For or Against You?

Is Black Friday For or Against You?

Is Black Friday set up for you to really save money or is it a way for businesses to sell more merchandise and get you to spend more than you planned?

Black Friday is one of the busiest shopping days for a combination of reasons. It marks the unofficial beginning of the Christmas shopping season and between 30 – 40% of annual retail sales occur between Thanksgiving and Christmas. Additionally, many employers give their employees the day off as part of the Thanksgiving holiday weekend. In order to take advantage of this, virtually all retailers in the country, big and small, offer various sales including limited amounts of doorbuster items to entice traffic.

Most people hope to “save money” while shopping but end up spending more. While at the same time there’s an incentive for businesses to clear inventory and generate as much revenue as possible before their accountants close the books on December 31st so they can show shareholders that Q4 was a profitable one. 

I’m not against Black Friday and holiday shopping. There are ways to do it right. I simply want to help you create a plan and understand that it’s all set up for you to spend more money than you planned. You have to be aware of that. Maybe you haven’t planned yet and this will help get the most out of Black Friday and save you money.

How to get the most out of it

Even though Black Friday is less and less appealing to me, there are good deals to be had. In the past, we’ve gotten great deals on things such as a TV, workout supplements, and last year we bought our baby crib and car seat and saved a good amount of money. We all love that feeling of getting good deals and feeling like you got away with a steal and that’s why shopping can literally become an addiction for some people because they’re always looking for that next good deal. If you’ve been waiting a long time to buy something this might be the week that you finally make it happen. 

Whether you shop online or in-store there are many ways to double your efforts beyond the normal 20 – 50% off. You can save money in the form of discount codes and cashback. 

If you’re looking for additional discount codes and cashback online make sure you download these:

Ibotta – This app has helped me earn over $150 in cashback on grocery shopping, online shopping, and travel. If you’re looking to purchase something on Amazon for example, simply go to Amazon through their app and you will earn a percentage of cashback when you make a purchase. Once you reach $20 in cashback you can have it sent directly to your Paypal or Venmo. 

Sign up here. 

Ebates – Similar to Ibotta where you get cashback for online shopping except this one can be automatically added to your internet browser so whenever you go to check out with an Ebates partner, which there are thousands, it will ask you if you would like to activate your cashback. We’ve made over $100 in the past year and we hardly shop online. 

Sign up here.

Honey – This is also an extension that you can add to your internet browser and whenever you go to check out online it will scan all of the active discount codes for you so you don’t have to waste time looking for codes. This will save you a ton of time and a little bit of money the next time you go shopping.

Sign up here. 

If you combine all three of these when it comes to your Black Friday you’re sure to get the most out of it. 

Why you shouldn’t care

Black Friday can be a fun and exciting time but don’t let that entice you to spent more money than what you have set aside in your budget. 

I’ve always found it to be ironic that on Thanksgiving we’re supposed to be grateful for what we have and then we go shopping to fill in the gaps of stuff that we don’t have immediately after. I hope this week is filled with time with loved ones and that you focus on the things that really matter, and hopefully save a little money at the same time. 

Happy Thanksgiving!

10 Money Savvy Moves to Make Before the End of the Year

10 Money Savvy Moves to Make Before the End of the Year

Before you know it, 2018 will be over and we’ll be heading full-steam into 2019. The end of the year is a great time to get your finances together and start thinking about what you want next year to look like.

Here are 10 money savvy moves you should make before the year-end:

1. Start thinking about your goals

I’m sure if you set financial goals at the beginning of the year, you’ve forgotten them. You should review them though to see which ones you can still accomplish. You’ve got two months to make it happen! 

Think about which ones you didn’t accomplish and find out why. Decide if they’re goals that you want to take with you into 2019. 


2. Start maxing out your investments

If you’ve started saving for retirement or financial independence, now’s a good time to look into maxing out those investment accounts. It’s good to max them out before 12/31, but you have until the tax deadline in April 2019 if you still need to contribute to your investments for 2018. 

The maximum amount for IRAs is $5,500 and for 401ks it’s $18,500

If you haven’t started investing, and you believe you are in a position to get started. Try out one of my favorites places to get started investing, Acorns.


3. Get insured

Now is the perfect time of the year to start looking at your insurance policies. For health insurance, it’s open-enrollment season and the deadline is December 15th. That means if you want to change any of your insurance coverage you need to do so before the deadline. 

Don’t hold off on this one. Talk to your HR department. If you don’t have an employer-sponsored plan, you can look at different policies in the marketplace. 


Or if you’re fed up with the healthcare system like I am then maybe you can look into other alternatives such as a healthshare ministry. It’s what I decided to switch to in 2018 and I pay a lot less in premiums. 


4. Pay off your debt

If you’ve found yourself in credit card debt already going into the holidays, do everything you can to get those credit cards paid off. Don’t go any further into debt for Thanksgiving and Christmas if you don’t have to. It’s not a great way to start the new year when you’re starting from a negative position. 


5. Plan next years travel

I’m sure you have trips and vacations you’re planning on taking in 2019. Why not get started with your plans? Planning your trips months in advance will ensure you have the best experience. Start setting price alerts for hotels and flights so you can book your travel at the cheapest price possible. 

Do a search for a flight in Google and when it asks you if you’d like to set notifications, say yes. You will be alerted when the prices drops or goes up. You can also track the history of the flight and it will tell you whether or not it’s likely the price will change. 

6. Gather your tax documents now

Whether you do your taxes yourself or hire an accountant to do them for you, it’s helpful to start getting organized. Start adding up and categorizing your expenses. Especially, if you own a business. It’s crucial you gather all of the numbers together throughout the year so you have them organized and ready to go come tax time. 

I’ve helped out people with their taxes and it’s really difficult when the person has no idea what they spent throughout the year in order to get tax deductions. This should be something you do because accountants usually cost a lot of extra money to go through your transactions throughout the year and categorize your expenses. Save yourself some money and track your expenses yourself. You can use Quickbooks, Freshbooks, or what I use personally Wave. It’s completely free and you get all the added benefits of the other software. 


7. Review 2018 monthly and yearly income and expenses

Most people have no idea what they spend month-to-month let alone for the entire year. That’s why I’m such a big fan of connecting all of my accounts to platforms like Mint and Personal Capital because it tracks for me behind the scenes exactly how much money I spent in a given month and how much money I made. I’m able to see when there is net income or if I’m spending too much money. This has been the number one thing that allows me to create and stick to my goals.

Every year on New years eve my wife and I like to do a little get-away. We usually go to a hotel a few hours away and review all of our past year’s goals and spending and set clear goals going into the new year. These little trips around new years do so much for us! You have to make sure you create that time at the end of the year to review this stuff or you will never end up doing it. 


8. Plan for the holidays (2019)

It’s funny how we know exactly when the holidays are. It’s guaranteed that they will be in November and December of every year. So why are so many of us surprised and unprepared when the holidays roll around? 

Instead of paying for gifts with your credit card and paying them off for the next couple of months, why not start preparing for the holidays at the beginning of the year? You do this by taking a percentage of every paycheck you make throughout the year and set the money aside specifically for gifts. It will help reduce the stress of the holidays so much if you start preparing months in advance. 

Start thinking about how you’re going to pay for gifts in 2019. 

9. Live below your means

It’s easy to get carried away in believing you need this or that this time of year because it’s such an amazing deal. When we are constantly consuming and buying stuff, you very easily find yourself spending more money than you’re making. Remember to keep it simple this year and instead of worrying about buying stuff and thinking about what you can get this year. Why not think about having less and find ways to give more?

You’ll find more happiness in buying things for other people than you will for yourself. 

10. Remember to have fun

With as stressful and overwhelming this list of money moves can seem, remember to have fun and enjoy life. There is always going to be more that you can do and there will always be someone who is doing it better. So part of having fun is learning to be grateful for what you already have because that will put you in the right mindset in order to enjoy whatever circumstance you find yourself in at the end of 2018. 

I hope you find this list of 10 money-savvy moves to make before the end of the year helpful!

I have one question for you: 

What is one thing you’re going to do before the end of the year that is going to help you the most with your finances?

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