Monday, April 19, 2010

Everyone Should Use Coupons?

This was on a couponing website that I follow. I felt it was just too good not to pass along. Hope this helps you in your frugal journey and in understanding coupons and how they help (I happen to agree with everything she says here!):

I know some of you are making excuses right now and explaining why you don't use coupons. Well, give me a chance to address your excuses and see if I can’t change your mind just a tiny little bit.

Excuse #1: I Don’t Eat Processed Food (Newsflash: Coupons are not just for junk food)

In fact, there are often coupons available for fresh fruit, vegetables, milk, flour, baking soda, toothbrushes, razors, toilet paper, and light bulbs.

In addition, once you become adept at using coupons, you will usually regularly happen upon deals which give you overage. Even if your family doesn’t use the item which gives overage, you could buy it to donate and then use the overage to purchase items your family does use.

Excuse #2: I Tried Using Coupons and Didn’t Save Any Money

If you buy your Sunday paper, clip all the coupons and then use them all on your next shopping trip, you’re not going to save any money. Instead, you’d probably end up buying a lot of over-priced items you won’t use or wouldn’t normally buy and end up spending a considerable amount more than you save.

That’s not how to use coupons.

Using coupons wisely requires strategy and patience. In most cases, it involves waiting until an item is at its rock-bottom price and then pairing it with a coupon (and perhaps even a catalina deal!) so that you get it for pennies on the dollar–or even more than free!

Excuse #3: I Don’t Have Time to Use Coupons

Life is busy and there are constantly a hundred demands pulling us in different directions. The thought of adding in something extra like clipping coupons might be overwhelming–but it doesn’t have to be.

How Much Is Your Time Worth?

One of my favorite ways to evaluate whether a money-saving idea or technique is worth my time is to evaluate it in terms of an hourly wage. For instance, if it saves our family $30-$50 and requires an hour’s worth of work, it is totally worth my time.

Coupons are worth my time because when I put in an hour’s worth of time, I’m usually saving $40-$75 for doing so. That sounds like a pretty good hourly wage to me!

Yes, it takes a bit of time to learn the ropes. Don’t expect that you’ll go out tomorrow and save 90% off your grocery bill if you’ve never used a coupon in your life.

However, it doesn’t have to take hours of your week. In fact, I think that you can see significant savings by committing to spend an extra hour each week to checking the sales fliers, making a menu plan and grocery list, clipping coupons, and mapping out your shopping route.

Slowly implement the ideas I share, find out what works best for you and reap the rewards of money saved!

1 comment:

  1. Boy honey, you are good, you have got this couponing thing down to a fine art, that is wonderful and you're so good at teaching other people to do it too.
    I love you honey,
    Mom

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