Couponing: Are the Savings Worth It?
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Couponing: Are the Savings Worth It?

Posted on Monday, December 12th, 2011 at 10:42 am
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In regards to couponing, many people still ask: “Are the savings really worth it?” So, as 2011 comes to a close, I have spent some time reflecting on my own coupon savings since I started back in May. I tallied up my total savings from some of my best shopping and saving excusions, and here’s what I got:

  • May: Saved $99.57 in one trip.
  • June: Saved $187.77 in one trip.
  • July: $152.22 in one trip.
  • September: $157.36 in one trip.
  • November: $52.48 in one trip.
  • December: $321.34 between three trips.

 

Total savings: $970.74!

Seeing my total savings over just six months and from just eight shopping trips was absolutely amazing! I saved almost $1,000 by using coupons on these shopping trips. Yes, it takes some time and organization to save this much with coupons, but once I got the hang of it, it was like second nature. I also had a lot of fun seeing how much I was saving as I became a better couponer. I also strongly encourage all of you couponers out there to keep track of your savings like I did so that you can tally up all those dollars saved at the end of the year. When you see your total annual savings, you’ll know it was all worth it. Keep up the good work everyone 🙂

 

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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.