Pokemon Go is Good for Your Finances (2024)

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

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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 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 appraisal matter in Pokemon GO Battle League? ›

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.

What should I spend my money on in Pokemon GO? ›

The Best Buys for Your PokeCoins

Bag Upgrades and Pokemon Storage Upgrades. These are super helpful because they let you carry more items and Pokemon, making your adventure way easier. Another smart choice is spending PokeCoins on Raid Passes.

Is CP or Star Rating more important? ›

In Pokemon GO, the Pokemon with a higher CP (Combat Power) is generally preferred even if the Pokemon has low IVs. Although it's not a traditional Level-system, the CP somewhat functions as a Pokemon's "Level" in GO.

Is it better to evolve a 3 star Pokemon or higher CP? ›

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. So, if a 0-star Pokemon has 1000+ CP, it may be worth evolving instead.

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.

Do Pokémon appraisals mean anything? ›

Appraising Pokemon

Select Appraise, and the Team Leader will evaluate the Pokemon's IVs. The first IV listed is Attack, followed by Defense, then HP. Each IV has their own "three bar scale." This determines the "rating" of a Pokemon on a 3-star scale.

Can you increase a Pokemon's appraisal rating? ›

Short Answer: No Direct Way to Increase Appraisal

Appraisal values are determined by a Pokemon's individual values (IVs) which are set when the Pokemon is caught or hatched.

Is it better to have a high CP or high IV Pokemon GO? ›

CP is mathematically more important than IV's (for raiding anyway). A 0% IV and 100% IV Pokemon have very little difference in a raid.

How to earn money fast in Pokemon Go? ›

How to Get PokeCoins in Pokemon GO. The main way players earn PokeCoins in-game is by having their Pokemon stay at gyms that their team has taken over. If players can't find a gym occupied by their team, players will have to challenge one and take it over themselves.

What should I buy first in Pokemon go? ›

In buying these coins, it's best that players know exactly what they are buying, and the best things to buy in Pokemon GO.
  1. 1 Premium Battle Pass.
  2. 2 Remote Raid Pass. ...
  3. 3 Super Incubator. ...
  4. 4 Poke Balls. ...
  5. 5 Pokemon Storage. ...
  6. 6 Item Bag. ...
Sep 21, 2023

Should I increase CP before evolving? ›

A Pokémon's CP potential and IVs are not affected by evolution: IVs (Attack, Defense, Stamina values hidden in the game) and CP potential (the max CP that can be reached when fully powered up) remains the same regardless of whether you Power Up before or after evolving.

Should I keep all 3 star Pokémon? ›

If you prioritize battle performance and efficiency, focusing on 3-star Pokémon may be more beneficial. However, if you value completing your Pokédex, trading opportunities, and being prepared for events, keeping one of each kind can be advantageous.

What are the rarest Pokémon 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 does 3 * 4 * mean in Pokemon GO? ›

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

What does 3 star appraisal mean Pokemon GO? ›

If your Pokémon has three stars and a red stamp, it means that it has 100% perfect IVs. If it has three star with an orange stamp, it has around 80-99% perfect IVs. Two stars means 66-80% IVs and one star means 50-65% IVs.

What does a high appraisal mean Pokemon GO? ›

If a Pokemon GO trainer receives a Pokemon that appraises with three red bars and a red three-star stamp, they'll want to keep the Pokemon. This particular appraisal means the Pokemon has perfect IVs, and its stat growth will be maximized as it powers up and evolves.

What does 0 * 1 * 2 * mean in Pokemon GO? ›

Appraisal stars

You can have 0, 1, 2 and 3 stars, with a special red background that appears for Pokemon that are 100% (perfect IVs). The starts represent following IV percent ranges: 0 stars: 0 – 48.9% 1 star: 51.1 – 64.4% 2 stars: 66.7 – 80%

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