Ever felt like your money was trapped in a plastic prison? Or that your money was spent on things you didn’t even want? Thomas Jefferson once said, “Never spend your money before you have it.” While I’m certain that neither credit cards nor gift cards were what he was considering, both are applicable. At Prepaid2Cash, we’re breaking free from the plastic prison by converting your gift cards to cash and encouraging you to save.
The Plastic Prison
When we receive gift cards, we are receiving money that is already spent. Because of that, it can’t be deposited into savings accounts. It can’t be used to pay off credit card debts. It can’t draw interest, and lastly, it is usually depleted by hidden fees. That’s what we mean by the plastic prison.
Never spend your money before you have it.— Thomas Jefferson
Little Things Matter
In the past, there wasn’t much we could do with gift cards other than use them. As it was, each gift card forced us to participate in unnecessary buying habits. While it seemed harmless to burn cards on junk food and junk in general, we were building bad habits. Hendrith Smith once said, “The principles of wealth are true regarding large amounts and small amounts. It all begins with the smallest unit of currency.” That means that what we do with small amounts, like loose change and gift cards, is a powerful predictor of what we’ll do with large amounts. To put it plainly, building wealth is all about the little things.
The principles of wealth are true regarding large amounts and small amounts. It all begins with the smallest unit of currency.— Hendrith Smith
Make A Change
Prepaid2Cash developed a solution for this problem. Our app enables users to convert their gift cards into cash in as little as 24 hours. We believe change happens in the little things. $40 may not seem like much on its own, but as a part of a new savings habit, it might just change your life. We’re challenging our community to make resolutions before New Year’s by cashing out their plastic for less than the cost of sales tax. Download the app today!