Coupons allow people to spend way less money when they go shopping. While coupons are typically associated with bargain purchases at groceries, various types of stores have also caught up with the craze. Since coupons are fairly accessible, it’s easy to stock up on them and make the most out of your planned shopping trips.
Where Can We Usually Find Coupons?
Most coupons can be found in the Sunday newspapers and magazines. These days, however, you can also find them on company websites, coupon library websites likeCoupon Dad, and coupon apps. They are usually featured as printable cut-outs, digital versions of paper coupons, or coupon codes.
Are Coupons Really Helpful for Saving Money?
Yes, they are, but only if you’re sticking to your original shopping list. Otherwise, if you buy things that you don’t really need just because they are on sale, you won’t really experience the true money-saving power of coupons. You will just end up being a slave to “great deals.”
The question is, how can you really save money with coupons? Check out this list below to find out.
1. Coupons Help You Focus on Necessities
Coupons simply won’t work if you’re prone to impulse buying. Indeed, having a coupon for every possible thing can make you feel like you are maximizing your bargains. The thing is, making things look affordable is a business strategy to get you to buy more things, even if you shouldn’t. On the other hand, if you train yourself to be disciplined, coupons can also help you focus only on your necessities.
To really save money using coupons, it is advisable to keep the coupons you actually need on a separate place from those extra coupons that you don’t plan to use. In this case, what you can do is trade your unnecessary coupons with a friend or family member who needs them instead. This can help you stick to a strict shopping list without getting sidetracked.
2. Coupons Encourage You to Be Organized
Of course, you can’t leave coupons lying around in your home. To ensure that you’ll be able to use them wisely, you’ll need to organize them and keep them in a coupon library. This can be a folder, a tool box, or anything that is easily accessible when shopping day comes.
Aside from your coupon library at home, it also encourages you to keep them organized in a small coupon holder that you can take wherever you go. When they are organized by store and by product, everything will flow smoothly when it’s time to pay. Again, this gets you to focus only on what you’re supposed to buy because you’re basing your budget on the coupons that you already have.
3. Coupons Teach You to Plan Ahead
Some stores will offer “double” or even “triple coupon days.” This means that you will get discounts for double or triple the coupon’s value. For example, you have a $0.50 discount coupon for your favorite box of cereals. On double or triple days, you can get a $1.00 to $1.50 discount.
Additionally, many products typically go on sale every 4 to 6 weeks. So, what’s the best way to get more bang for your back? It is to time your shopping during double coupon days or sales!
Generally, double or triple offers are held as a store promotional event or a customer appreciation event. Some grocery stores even have them on a cyclical basis. To be sure, you can ask the store staff if they have double coupon days. As for sales, you just have to diligently watch out for announcements.
If you strategically plan your shopping during these days, just imagine how low the prices of your shopping lists could go. When done right, you will never have to pay for the products’ full prices ever again.
4. Coupons Discourage You from Using Your Credit Card
As mentioned in the first point, coupons help you focus only on your necessities. Hence, it helps you stick to a certain budget that you can’t ever go over. Although you may have a credit card that can pay things off when you go over the budget, the disciplined mindset that you have developed will discourage you from using your card and buying impulsively altogether.
Ultimately, the best way to save money with coupons is to stock up on coupons for products that you actually need. If you follow this simple rule, you will be able to garner huge savings as well.