My Money Making Experience with PrizePool
I have been a member of PrizePool (a prize linked banking app where you have the chance to win money by saving) since June and I honestly love it. It adds an element of fun to saving and I look forward to the weekly drawings and seeing what I’ve won.
Each week I’ve won a prize (my smallest win was 40cents and my biggest win was 100$). I love it as a side hustle because its passive income: I just leave my money in there and it grows because of the saving bonus and my winnings.
I love the whole concept of prize linked savings accounts (sometimes called no loss lotteries, because unlike the lottery where you lose money, you never lose money with these kinds of accounts).
I hope they’ll become more popular in the US.
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