What do you do with your cash rewards?

A colleague at work recently discovered how to stack grocery coupons and store sales together!! Holy Shit. Obviously this blew his mind. Fast forward several months down the road, tired of another detailed review of his most recent haul and savings, I casually asked…

“So, what are you doing with all this money you’re saving?”

Blinking. Stammering. Crickets.

Huh. Weird. Now this guy is an engineer. I was sort of expecting him to whip out a rev’d level drawing of some obscure plan that would make normal people go blind and drop dead. Nope. His entire plan is to buy stuff / save in a measurable way / gloat about it.

Sorry bud, not good enough. If I’m going through all that effort to do the saving, you bet your ass it’s going to pay me back in a bigger way.

Some of the cash rewards programs utilize PayPal. I have PayPal linked to a small account with my bank that I keep specifically for side hustle. It acts as a holding pen for transfers into Vanguard, or sometimes the stock market if I just can’t help myself. Ibotta is one example that offers cash via PayPal (and Venmo). There are a few others apps I use, but they are really just add-ons, for another time.

So what do you do with your cash rewards? I know you people are next level out there. Tell me your elaborate schemes!