Millennial Parents Shop with Coupons
Free Coupons, Printable Coupons, Grocery Coupons Online

FreeCoupons.com - Still Couponing and Saving Money Year In and Year Out!



Millennial Parents Shop with Coupons

Posted on Tuesday, July 5th, 2016 at 7:00 am
Pin It


Millennial parents utilize a variety of different kinds of coupons, from many sources, to help them save money.Decades ago, coupon clipping was mostly done by mothers who wanted to save some money on groceries. At the time, the only type of coupon that was available was the paper kind that people had to manually clip from their local newspaper and bring with them to the grocery store. Today, millennial parents shop with coupons, but they do it differently than parents of previous generations did.

How Millennial Parents Save with Coupons

Millennial parents (both moms and dads) are using coupons. They may still get some coupons from the newspaper, but the majority of the coupons used by millennial parents are digital coupons.

Bloomberg reports that millennial parents get coupons from a variety of sources. They use multiple coupon apps. Those apps might include ones that are specific to particular stores (such at Target’s Cartwheel) as well as more generalized coupon apps (like Ibotta).

They also visit websites that are about coupons and saving money. These kinds of websites are an excellent resource for printable coupons, coupon codes, information about sales, and helpful advice about how to combine coupons with sales to get the best deals.

Millennials also use store loyalty cards. Most, if not all, grocery stores offer a loyalty card to customers. People who have a loyalty card are able to access special sales that are only offered to members. Millennials know they can load digital coupons onto their favorite grocery store loyalty card before they shop. Those coupons automatically get used at the checkout.

Pharmacy loyalty cards typically offer a wide variety of coupons. Some can be digitally loaded onto the card. More coupons can be printed out at the store. There generally are offers that automatically appear when a customer uses a pharmacy’s loyalty card at the register.

Valassis found that millennial moms and dads shop more like the people in the Gen X and Baby Boomer generation. One reason why millennial parents are so focused on saving money is because so many of them are struggling with massive student loan debt.

Millennial parents shop differently than do their peers who are not parents. 89% of millennial parent use coupons when they are making their shopping list, but only 78% of millennials who were not parents do that. Millennial parents spend more time on the internet looking for coupons, and use more paperless coupons, than do their childless peers.

Unsurprisingly, millennial parents spend 40% more when they shop than their peers who do not have kids. It makes sense that a generation that started their adult life with student loan debt, and who now has children to feed, will use coupons to cut down costs.

Leave a Reply

Your email address will not be published.


 

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.