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How Coupons Can Save You Money

Thanks to several television programs, extreme couponing may be the first thing you think about when you think of coupons. If you are not looking for another full-time job, you have probably dismissed extreme couponing as a waste of time. However, couponing does not always have to be a full-time, stressful activity. Basic couponing is a popular tactic you can use in many different situations, such as when shopping online or in brick-and-mortar retail stores. Couponing can also help you when you shop for food at your local grocery stores. Coupons for restaurants and other activities and services are also available. Therefore, if you are wondering if you can benefit from couponing, the answer will almost always be yes. However, you must balance your needs and your available time against what you can gain from the process of couponing. To do that, you must fully understand the positive aspects of coupon deals. The most common benefits of couponing are listed below.

You Can Save Large Amounts Of Money By Couponing

The first obvious benefit of couponing is you can save money. However, you will only save a few dollars if you clip an occasional coupon found in your local paper. To save the most money with coupons, you must take advantage of modern technology. You can still find coupons in your local newspaper, as your parents may have done. However, you also have access to printable coupons online, as well as coupon codes for online shopping. Additionally, you can use cell phone apps to present digital coupons when you check out at local stores. Common sources of coupons include:

  • Websites devoted to couponing.
  • Product manufacturer websites.
  • Social media.
  • Magazines and newspapers.
  • Product packages.

Couponing with the intent of saving the maximum amount of money also requires you to be a flexible shopper. Shopping at only one store will prevent you from finding the best local deals. Each store has different standard product prices. Similarly, you cannot limit purchasing a specific brand of product if you want to save the most with coupons. Often, you may have to use a coupon for a different brand than you are used to if you want to get the best price with a coupon.

Coupons Can Allow Your To Try New Products

A benefit of couponing that may be less obvious to you is it can help you try interesting new products without paying full price. In fact, if you coupon on a regular basis, you will quickly notice that companies often release manufacturer coupons when they sell new products. Company executives want consumers like you to become acquainted with such products to quickly increase sales. Therefore, they are willing to sell new products at lower than desired prices for short periods of time.

When considering the benefit of getting to try new products while couponing, you must only try products that appeal to you. Do not purchase unfamiliar products solely because coupons for those products are available. Doing so may seem smart because you will get a discount. However, obtaining discounts on products you do not like or will never use will really cause you to waste money.

You Can Combine Coupons With Other Sales For Extra Savings

If you are like most people, you already enjoy finding a good sale at the store. Some sales are advertised in weekly circulars or online. Others are in-store sales you may be unaware of until you are actually shopping. Often, all of those sales can be combined with:

  • Manufacturer coupons.
  • Store coupons.
  • Rebates
  • Store loyalty program perks.

To make the most of combining all those deals, study how store coupon policies work. For example, you may go to the store with a coupon that provides you with $10 off a purchase of $50 or more, and you may purchase exactly $50 worth of products. If so, your coupon will not work if you use individual product coupons first, since your total will then drop below $50. Therefore, the total purchase coupon must be scanned before other coupons.

When you combine coupons with other sales and rewards, you may receive some overages. Overages occur when the total costs of items are lower than the discounts provided by the coupons. Many stores apply overages to remaining product costs. For example, if you have a coupon for $1.50 off a product that only costs $1.00, the additional 50 cents can be removed from the cost of another product in your cart. In that way, you can use unrelated coupons to get discounts on products you do not currently have coupons for. This can often come in handy when you need to purchase products that coupons are rarely available for, such as meats. However, keep in mind that not all retailers allow this practice.

Coupons Can Help You Stockpile Goods You Frequently Use

The concept of stockpiling is one that is often associated with extreme couponing, disaster prepping or hoarding. However, despite the occasionally negative connotations, there are some stockpiles that can be beneficial. For example, the following items with long shelf lives or that are non-perishable are staples in most homes:

  • Paper towels
  • Toilet paper
  • Facial tissues
  • Paper plates
  • Laundry soap
  • Canned goods

Using coupons to stockpile any of those items and other long-lasting items used in your household regularly is always a good idea, as long as you have the extra space for them in your home. However, if you are going to stockpile such products using coupons, you must learn smart couponing habits. For instance, you must pay attention to:

  • Coupon size and type details.
  • Expiration dates.
  • Store coupon doubling policies.

When using coupons to stockpile staples, you must also make sure you are being realistic. Do not purchase items for your stockpile just because they are on sale and you have a coupon. The sale price may not be ideal. If your coupon does not expire for a while or you frequently find similar coupons for the same product, wait for a better sale to come along. Conversely, if you find an excellent sale, do not use your coupons to purchase too much of a product. If it does not fit in your stockpile and you cannot use it in a reasonable amount of time, you do not need to waste money on it.