More than ever, Americans are looking for ways to save money on grocery and household items. Some clip coupons from their Sunday paper, download them from the many coupon internet sites, and check out weekly ads and the Flyer Super C, Target, Kohl’s, and other popular stores.
Facts About Couponing:
According to Creditdonkey.com, couponing is thriving. Days of clipping newspaper coupons have passed for some people, who found they can easily pull them up on their smartphones. This is helpful because as long as you have a phone, you have access to instant savings.
Coupons aren’t just for those in their golden years anymore, they have grown to become popular with savers of all ages.
Here are some recent statistics as reported by Creditdonkey.com:
- 94% of consumers are frequent coupon users
- 38% of consumers bought more than they would if they didn’t have a coupon
- 62% of consumers check store ads before they go shopping
- 92% of millennials use printed coupons
- 89% of consumers state that price is the top factor in making a purchasing decision
When You Shouldn’t Use Coupons:
Coupons can be a great way to save money and stretch the dollar as far as it will go. But there are times that couponing may not be a good idea. Ask yourself these hard questions before you use your stockpile of coupons. This information was reported on Moneycrashers.com.
- It can lead to buying products you don’t usually buy or need, just because you have a coupon that makes them nearly free.
- Extreme couponing can lead to stockpiling items as often you need to purchase multiple items to use the coupon. Unless the items are used within the proper time frame, they may expire and need to be disposed of. This is a waste of money, not a money-saving tactic.
- You are more apt to make unhealthy eating choices. Coupons are rare for fresh produce, fruits, and vegetables. There are more coupons available for candy and snacks, making these items tempting to purchase.
- Extreme couponing can be time-consuming. First, you need to clip the coupon, file the coupons in an organized way, make a list of all the items you need to buy, and then you need to shop. That is a big-time investment.
Be Smart About Using Coupons:
When using coupons, make sure you are purchasing items you need and will consume within the expiration date. Using coupons, flyers for Walmart, and other cost-saving measures can lead to big savings when done the right way.
I’m a 20-something stay-at-home mother and wife. I have an amazing husband, a beautiful daughter, two loving dogs, and a lazy cat. I wouldn’t change my life for anything! I love to read, listen to music, cook and blog!
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