How to Use Facebook to Save Money | Save Money Using Facebook (2024)

This is a guest post from Kalyn of KalynBrooke.com

According to a recent study by Bloomberg news, the average Facebook user spends about 40 minutes per day browsing their news-feed, updating their status, and interacting with friends. That’spretty much nothing compared to the hours watchingtelevision, but it’s still quite a bit of time to waste away on the world wide web!

I totally get it though.

With access to all the social media apps on our smartphones, it’s almost too easy to “check in” right when you wake up, while you’re waiting in line at the grocery store, or {ahem} sitting at a red light.

But instead of feeling guilty for what some might consider a general waste of time, I propose a different idea.Why not use Facebook to ouradvantage? Meaning, if you’re spending so much time on Facebook anyway,you might as well turn it into something useful……like saving money.

Borrow, Instead of Buy

Is there a book you want to read, or a tool you need for your next DIY project? Maybe there’s akitchen appliance that would make your monthly freezer cooking session that much easier. Instead of buying those items, see if you can borrow them from your Facebook friends!

If your friends are anything like mine, they love to help, and those local to you can lend a hand whenever you’re in need. And even if they no one has what you’re looking for, I’m sure they can point you in the right direction.

I’veasked for all sorts of advice on brand names and what to buy when items around our home bite the dust. Plus, it’s always super helpful to know what works and what doesn’t so you don’t waste your hard-earned cash.

Create Interest Lists

Out of my 222 Facebook friends, and who knows how many LIKED pages, there’s a lot of clutter in my news feed, and it’s practically impossible to see every new update.This is where Interests Lists can come in really handy, and not too many people know about them!

Interest Lists allow you to organize all your pages in separate “lists”, so you can segment your news feed at any time based on which list you want to view. If you’re not exactly sure how to create interest lists and add pages to them, this post on Sprout Socialfeatures aneasy-to-follow tutorial to get you started.

How to Use Facebook to Save Money | Save Money Using Facebook (1)

Here’s an example:Let’s say you follow quite a few coupon bloggers. Find each of their pages, and add them to a list titled, Deals and Coupons. Then anytime you want to check a sale or find coupon match-ups, click to view only that list. It will bring up all the latest posts by the pages you added and nothing else.

MoreInterest List ideas:

  • Local Deal Bloggers {For the latest coupons and deals in your area}
  • Frugal Lifestyle Bloggers {For general money saving tips}
  • Favorite Companies and Businesses {For sale notifications and coupons — you could unsubscribe via email and just follow them via an interest list if you wanted to clear out your inbox!}
  • Friends that have a business or blog {For support and latest updates}
  • Healthy Food or Recipe Blogs {For those dinner time dilemmas}

It might take a little bit of time up front to get everything organized, especially if you like a lot of pages, but once everything’s in place, I think you’ll find Facebook that much more enjoyable and easier to use to your advantage.

Check Pages for Coupons

Facebook pages used to incentivize you with a coupon for liking their page, but since Facebook doesn’t allow them to do that anymore, most have done away with any sort of discount.

However, there are still a few pages that offer coupons “just because”, and you can usually find these offers listed as a tab right under the header photo.Be sure to check the MORE dropdown tab as well for promotionsthat might not be so obvious!

How to Use Facebook to Save Money | Save Money Using Facebook (2)

Here are a handful of pages that currently offer coupons:

Bottom Line —if you put any brand-worthy itemson your grocery list, don’t forget to stop by their Facebook page to check for any current coupons or promotions before you head out to the store.

Join aGroup

There are Facebook groups for just about anything, and while they can get distracting if you’re subscribed to every single notification, they’re still a really fun way to connect with others who are interested in the same topic as you, especially when you’re looking to save a little extra money.

Hyper Local Deal Groups:Many groups just focus on deals and specials specific to their area, and joining can be a great way to try a new restaurant or get notified of a special discount for a local family-friendly activity. Type “your city or closest metro area” + “deals” into the Facebook search bar to see what pops up.

Local Buy/Sell Groups:Other groups were specifically created for members to buy and sell from each other — almost like the Craigslist of Facebook. The really nice thing about them is you can instantly ask questions about eachitem instead of emailing a random address. Plus, you’ll get notified of garage sales happening in your area with a few pictures of what’s available. This saves a lot of time and effort from driving around wondering if you’ll find any hidden gems!

Couponing/Frugal Living Groups:If you’re looking for moral support, couponing advice, a different perspective, or accountability to reach your financial goals, there’s a group for you! True Couponing has quickly become my all-time favorite coupon group, and I always pop in before grocery shopping to find the best deals. I also have my own group called the CSB Inner Circle, which is all aboutbudget-friendly living. I’d love to have you stop by!

Save Money Saving Articles to Read Later

Did you know that you can save links on Facebook? All you have to do is hit the drop down button on the upper right hand side of each post, and there is usually an option to save that post. Every post you save automatically shows up in your SAVED section under the Favorites column, and stays there until you archive or delete it.

How to Use Facebook to Save Money | Save Money Using Facebook (3)

Why is this helpful? Because sometimes you’re on the go and don’t have time to sit and read every article you come across. So whenever I find a post I’m really interested in reading, I’ll click save, then pull it up when I’m sitting in a waiting room or have a few extra minutes at home to check it out.

I use this trick whenever I want to save aparticularly helpful post, especially if it relates to saving money, or if I want to investigate an online promotion a little further.

See, Facebook isn’t all that bad! The key is to make this social media network work for you, rather than the other way around.These five tips should help point you in the right direction!

How to Use Facebook to Save Money | Save Money Using Facebook (4)

Kalyn Brooke isa life management expertfor busy womenHow to Use Facebook to Save Money | Save Money Using Facebook (5) who crave a simpler and more organized life. Through her recognizable, down-to-earth approach, sheprovides a daily dose of inspiration and guidance, whether you’re looking for smart money tips, time saving routines, or anything in-between. When she’s not experimenting with ways to do even the most mundane tasks more efficiently, you can find her crafting detailed to-do lists in her bullet journal, or indulging in—yet another—personal development book. Meet Kalyn and learn how stay on top of it all at KalynBrooke.com.

How to Use Facebook to Save Money | Save Money Using Facebook (2024)

FAQs

How to Use Facebook to Save Money | Save Money Using Facebook? ›

You can earn money by using ads alongside your content. There are ways to use ads while keeping your content front and center, including adding In-Stream Ads to your Live and on-demand videos, and with Instant Articles. Check your eligibility for In-Stream-Ads and submit your Page for review.

How to use Facebook for money? ›

You can earn money by using ads alongside your content. There are ways to use ads while keeping your content front and center, including adding In-Stream Ads to your Live and on-demand videos, and with Instant Articles. Check your eligibility for In-Stream-Ads and submit your Page for review.

Does Facebook save payment methods? ›

Facebook may also store your info so you don't have to enter it again when you make a future purchase. If you don't want us to store your payment info for future use, you can remove the payment methods you've added to your account. Learn more about how we protect your payment info.

Does Facebook pay protect your money? ›

Facebook employs several safeguards to protect your money and financial information when you send money through its Messenger app and the more recently launched Facebook Pay. 12 Like anything online, however, there remains a chance that your safety may become compromised.

How do I get to Facebook pay on my Facebook? ›

How to Set Up Facebook Pay
  1. Tap your profile icon in the top right corner.
  2. Go to Settings.
  3. Select Facebook Pay.
  4. Add a payment method and choose between Debit/credit card or PayPal.
  5. Enter your debit/credit or PayPal details and save them.
Nov 18, 2022

Can you use Facebook to raise money? ›

Funds raised on Facebook are paid out to valid checking accounts. If you created a fundraiser, please connect your bank account to receive the money you raised on Facebook. Keep in mind that only bank accounts in eligible countries can be used to receive payouts from fundraisers.

How much does Facebook pay for 1000 views? ›

Pay Rate per 1,000 Views

The pay rate for 1,000 views on Facebook Reels ranges from $0.01 to $0.02, which translates to a maximum of $20 for every 1000 views. However, the earnings may fluctuate between approximately $8.75 and $10 per 1000 views based on factors such as audience location and engagement level.

Is there a fee for Facebook Pay? ›

There are no fees to send or receive money in Messenger. This feature is free for everyone to send money to friends and family. If you already have a payment method linked to your account, any money sent to you is transferred right away.

What is the safest payment method on Facebook? ›

Comprehensive Buyer and Seller Protection: PayPal is notable for its robust protection policies for both buyers and sellers. For buyers, this includes safeguards against fraudulent transactions, receiving the wrong item, or not receiving an item at all.

Can I collect money through Facebook? ›

With payments in Facebook messages, you can securely send and receive money with friends in chats. Learn how to add a payment method and keep your account secure with PIN-protected payments. For information on Marketplace, donations, ads, or game payments, visit the Payments help center.

How do I set up my Facebook account to get paid? ›

How do I add my payment information on Facebook in order to get...
  1. Go to Monetization Manager.
  2. Click on Manage next to the property you'd like to add payout information to.
  3. Click Property Settings, then Payouts.
  4. Click Add Payments Account.

How to cash out on Facebook? ›

You have three options:
  1. Sign into your bank: Securely sign into your online bank.
  2. Manually link bank account: Enter your bank account information to link to your payout method.
  3. Link your PayPal account: Log into PayPal to receive money there.

How do you know if Facebook is paying you? ›

View Payouts on Facebook

Select your account image in the top right to open a dropdown menu. Select Settings and privacy, then Settings. Select Account Settings. Select Payouts.

How many views do you need to get paid on Facebook? ›

According to the newest policy of Facebook , to enable monetization with Facebook you need a page that has 10 ,000 Followers pages and 30 ,000 views in the last 60 days . ( Minimum one minute ) . How to make money with Facebook page?

How many followers on Facebook to get paid? ›

To put up your paywall, you need: At least 10,000 followers (or at least 250 return viewers) 50,000 post engagements or 180,000 watch minutes in the last 60 days.

How do you get payout on Facebook? ›

In order to receive payouts of your earnings, you must: Meet our Partner Monetization Policies and Content Monetization Policies. Set up a payout account. Without a payout account, you can earn up to $500 per monetization tool, with a maximum of $1,500 across 3 tools.

How do I monetize my Facebook profile? ›

Facebook monetization guidelines
  1. Share authentic content.
  2. Develop an established presence. (This means your account must be at least 90 days old).
  3. Comply with Facebook's community standards.
  4. Comply with Facebook's payment terms.
  5. Comply with Facebook's page terms.

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