Brush Up On Your Coupon Lingo
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Brush Up On Your Coupon Lingo

Posted on Tuesday, February 2nd, 2016 at 7:00 am
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Take the time to brush up on your coupon lingo! You could end up saving more money than you expected!The most efficient way to get the most out of a coupon is to make sure you understand what the wording on it actually means. Every so often, it is a good idea to take a few minutes and brush up on your coupon lingo. Doing so might help you stretch your dollars a little bit farther, and can prevent you from being embarrassed at the cash register.

Understanding Coupon Lingo

Expiration Date
The most important thing to know about the coupon you hold in your hand is its expiration date. The majority of coupons will have a specific date printed on them (often next to the words “expiration date”). Has the expiration date already passed? If so, that means you cannot use the coupon anymore.

Sometimes, you will find a manufacturer’s coupon that says it does not expire. These are extremely rare and are only issued by the manufacturer (and not via Facebook or other social media). In general, if the coupon doesn’t have an expiration date – it is a sign that the coupon is fake.

One really simple way to remember to use a coupon before it expires is to organize your coupons. Put them into an envelope or a binder (if you have a lot of them). Periodically go through them and weed out the expired ones before you go to the store.

Per Visit
When a coupon says “per visit” it is telling you how many of the exact same kind of coupon you are allowed to use during one shopping trip. For example, if the coupon says “limit 2 coupons per visit”, it means you can use up to two identical coupons on today’s shopping trip. It is telling you that you cannot use 3 or more identical coupons – 2 is the limit!

BOGO
A coupon could say “BOGO” or “B1G1”. Both of those abbreviations mean “buy one, get one”. These coupons tend to come in two varieties. One type of coupon will say “buy one get one free”. This means that you must purchase a specific product (typically a certain brand, a specific flavor, and a particular size) in order to get a second one for free.

The other type of “BOGO” coupon will say something like “buy one, get one 50% off”. This coupon is telling you that if you purchase a specific product (again, of a certain brand, a specific flavor, and a particular size) you can get a second one for half of the price.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.