It’s Hip to Clip
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It’s Hip to Clip

Thanks to TLC’s Extreme Couponing show and the economy, Couponing is enjoying a real surge of interest among shoppers these days. In fact, instead of the stigma that used to be attached to clipping coupons, it has become hip to clip. People are starting to realize how much they can save using grocery coupons.

NCH Marketing, a Valassis  company (a coupon publisher) announced that shoppers saved a total of $3.7 billion with coupons in 2010. With the explosion of online coupons, I bet couponers can beat  that number for 2011.

Some other facts from the study:

  • Coupon face values went up from 2009 to 2010
  • Expiration dates got shorter by an average of a week and a half
  • A full 26 percent of all coupons required the purchase of more than one product.

 

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.