Pokemon Go is Good for Your Finances (2024)

By: Ricky Willis | published: , | updated: ,

Pokemon Go is now in the UK! Unless you’ve had your head in the clouds for the last few days, you would have seen the TV reporters, newspapers and social media feeds from the US going a bit potty for the game.

Pokemon Go is Good for Your Finances (1)

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Just a few days after the US launch, the UK now has full access to the game and I’m sure it’s going to be just as popular.

Admittedly, Pokemon Go is justan app, however it’s an app that is changing gaming. You can download it for free and the game is different from the normal Angry Birds, Flappy Birds, or any other “normal” game that you’ll be used to playing.

This app takes the action from just being on your screen and it comes to life by bringing the little Pokemon creatures into our world using augmented reality.

So yes, it’s a game and it’s pretty cool. You may be wondering why I think this game can be good for your bank balance? Well let me tell you.

Exercise for free

The whole idea of the game is to not sit in your bed and play a repetitive game

Cancel that gym membership and get out outside. Lace-up your trainers, get a bottle of water and get out and about. Walk, walk and walk until you find a Pokemon. Walk on back road, main roads or even venture off road to forests. You’ll find Pokemon’s all over the world, on any terrain, ready for you to catch them.

Looking for other ways to get fit for free? Check this out.

Stops you going to the pub

Instead of spending money on something else like going to the pub, you can save your cash and partake in this new hobby.

OK, maybe the pub is not where you spend your money but there may be other places where our cash goes during the evening. Bingo, cinema? Swap them and play Pokemon Go for free instead.

Meet new peoplePokemon Go is Good for Your Finances (2)

You may not see the full benefits straight away but let me expand. By increasing the networking of people you know you will be putting yourself in a better position for the future.

Meeting new contacts could help you find prospects for a new jobs and will help you come across new opportunities.

Earn some money

While you’re out and about you may as well multi task and try and make some money at the same time.

Use mystery shopping apps that you can do tasks to each cash while trying to catch a little monster. Try Field Agent, Romaler or iPoll to get you started.

As you’re also going to be getting a lot of steps in, you can actually earn while you walk. Using the Bounts app, you can earn points which you can transfer into vouchers. Why wouldn’t you?!

Start a Pokemon blog or vlog

If you really enjoy Pokemon Go and think you can tell others about how you play, tips about the game and generally share your knowledge, why not launch a Pokemon themedblog or video blog (vlog)?

As you build up a following and get traffic you can start making money by working with brands and get paid advertising revenue. Find out more about loads of different waysyou can make money blogging here.

Can Pokemon Go cost you money?

With most things, while it’s not a massive downside, there are always some things you need to be aware of.

You will probably find that you use up a huge amount of battery too. I can see this being an issue in two parts; when you come to sell your phone on it may not be worth as much if it doesn’t hold a charge and you’ll pay out more on your electricity bill to keep your phone at 100%.

You could consider a portable battery charger for when you’re on the go, which does come as a real lifesaver when your battery dropped quickly and you’re hours from home!

One big point is that you need to make sure you have a half decent data plan on your mobile. If you don’t you’ll likely have a big bill, or use up all your data trying to find Pokemon.

If you are planning to play then have fun, watch the roads, and make sure you earn a bit or save money while you go!

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Ricky Willis

A little bit of everything at Skint Dad

Ricky Willis is the original Skint Dad. A money-making enthusiast, father, and husband to Naomi. He is always looking for unique ways to earn a little extra.

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Pokemon Go is Good for Your Finances (2024)

FAQs

How many coins do you get for defending a Gym for 3 days? ›

Keep in mind that there is a daily limit of 50 PokéCoins regardless of how long your Pokémon has been defending a Gym or how many Pokémon return from defending Gyms in the same day.

How to read Pokemon GO appraisal? ›

Each Pokémon is appraised out of three stars, with more stars reflecting higher battle potential. Along with the star rating, your Team Leader gives specific appraisals for Attack, Defense, and HP. Swipe left or right or tap the white arrows to view appraisals for adjacent Pokémon in your inventory.

Does the appraisal matter in Pokemon GO? ›

Pokémon appraisal allows Trainers to learn about a Pokémon's attack, defense and stamina capabilities from their Team Leader (Candela, Blanche or Spark) and determine which of their Pokémon has the most potential for battle. The overall determining factor is based on how high the IVs are for a given Pokémon.

Should I keep 1 of every Pokemon? ›

If your purpose for chasing Pokemon is to collect every species, you''ll want at least 1 of every different species of mon, and of course regionals and shinies. You'll be constantly expanding your Box, to contain all of your mon.

Why did I only get 50 coins for defending a gym for a week? ›

Once you've reached the daily Defender bonus limit of 50 PokéCoins, you won't be able to earn any more PokéCoins by defending Gyms until the next day.

How many coins do you get for defending a gym for 2 hours? ›

You earn six PokéCoins per hour defending a Gym (a rate of 1 PokéCoin per 10 minutes). There is a cap of 50 Coins per day regardless of how Gyms you are defending.

What are the rarest Pokemon in Pokemon GO? ›

Some of the rarest Pokemon in Pokemon GO include Sinnoh's Lake Guardians, Volcarona, and Unown. Players can acquire them through various methods such as finding them in the wild, hatching eggs, or participating in special raid events.

What is 3 * 4 * in Pokemon GO? ›

3* = 3 Stars. 4* = 3 Stars with a red background / 100% Pokémon.

Is CP more important than IV? ›

High CP Pokémon should be used during battling. However, IV scores are the most important factor if you're playing the long game, a desire that ideal Pokémon, and are prepared to pay Stardust to level it up.

Can you increase a Pokemon's appraisal? ›

Short Answer: No Direct Way to Increase Appraisal

They determine how strong a Pokemon can potentially get in terms of Attack, Defense, and Stamina. Since these values are fixed from the get-go, you can't change them.

Should I keep high CP Pokemon GO? ›

CP you can change by powering up the Pokemon, IVs cannot be changed, so higher IVs always have priority over high CP. The most ideal situation would be both, of course. Higher IVs will naturally give you a higher CP pokemon once it's fully evolved and powered up.

What's more important CP or HP? ›

In Pokémon GO, CP stands for "Combat Power" and is entirely separate from the Pokémon's Hit Points (HP). While the two usually correlate (meaning a higher CP will yield a higher HP), the CP is important if you want to use the Pokémon in battle. A Pokémon with a higher CP will perform better than one with a lower CP.

Should I only evolve 3-star Pokémon? ›

Pokemon that hatch from Eggs or obtained from completing Special or Timed Research usually have 2/3-star Appraisals. It's recommended to evolve the Pokemon with the higher CP or the better Appraisal.

Are 0 star Pokémon worth keeping? ›

If players don't have another Pokemon of the same species, it may be worth holding onto the 0-star until it can be replaced by one with a better Appraisal. A fully 0% IV Pokemon is extremely rare, even when compared to their 4-star/Perfect IV counterparts. Players may want to keep it just for the rarity.

Can you make a Pokémon a 3-star? ›

This means it's possible for a Pokemon to go from 2 to 3 stars, etc. A Pokemon with 13 points (most of the third bar of an IV filled) will achieve the maximum IV points if it's Purified. The last way of getting Pokemon with different IVs is to trade with other players.

How to get more than 50 PokeCoins a day? ›

To earn the daily maximum, the Pokemon needs to be in the gym for eight hours and 20 minutes. With this in mind, you can strategize about which Pokemon you place where and when. If you put Pokemon in three different gyms and they're all kicked out the next day, you'll still only earn 50 coins.

What is the 50 PokeCoin limit? ›

Pokemon GO has a 50 PokeCoin limit per day to keep the game fair and exciting for everyone. This cap helps make sure all players have a sporting chance to earn PokeCoins without the need for spending real money. It also encourages players to come back daily, keeping the game lively and competitive.

Do you get more PokeCoins the longer you hold a gym? ›

When players have their Pokemon in a gym, they will earn one PokeCoin every ten minutes it stays there. This, however, will cap at 50 coins, meaning that players can't get large sums from one gym. In addition, players will only get the PokeCoins from their Pokemon after being defeated and forced out of the Pokemon gym.

How many coins do you get from 1 hour in gym? ›

You will get six PokéCoins per hour while your Pokémon is in a gym, but you'll only get the coins when your Pokémon gets knocked out. You can also only get 50 PokéCoins per day, adding a cap to how many freebies you can grab.

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