6 Reasons Why I Stopped Extreme Couponing
6 Reasons Why I Stopped Extreme Couponing Skip to content
Motley Fool Stock Advisor recommendations have an average return of 397%. For $79 (or just $1.52 per week), join more than 1 million members and don't miss their upcoming stock picks. 30 day money-back guarantee. Sign Up Now These items (especially diabetes monitors) often can be acquired for free with coupons – the monitors are free because the test strips are expensive, and the manufacturers want to get you hooked. The problem, of course, is that I didn’t need the items I was buying. The coupon craze created an incentive to buy unnecessary goods. While I could resell them (and sometimes did), they often sat on shelves in my house for weeks or months, taking up space. The acquisition of these unwanted free items also made it seem like I was saving a lot more than I actually was. Often, when you hear about people getting $500 worth of stuff for a few dollars, they are buying whatever is free without concern for whether the products are useful.
What do you want to do br with money
Popular Searches
Learn more about your money
Make Money
You need it. Learn how to make it. ExploreManage Money
You've got it. Learn what to do with it. ExploreSave Money
You have it. Make sure you have some later too. ExploreSpend Money
You're spending it. Get the most for it. ExploreBorrow Money
You're borrowing it. Do it wisely. ExploreProtect Money
You don't want to lose it. Learn how to keep it safe. ExploreInvest Money
You're saving it. Now put it to work for your future. ExploreCategories
About us
Find us
Close menuWhat do you want to do br with money
Popular Searches
Learn more about your money
Make Money
You need it. Learn how to make it. ExploreManage Money
You've got it. Learn what to do with it. ExploreSave Money
You have it. Make sure you have some later too. ExploreSpend Money
You're spending it. Get the most for it. ExploreBorrow Money
You're borrowing it. Do it wisely. ExploreProtect Money
You don't want to lose it. Learn how to keep it safe. ExploreInvest Money
You're saving it. Now put it to work for your future. ExploreCategories
About us
Find us
Close menu Advertiser Disclosure Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others. Save Money6 Reasons Why I Stopped Extreme Couponing
By Christy Rakoczy Date September 14, 2021FEATURED PROMOTION
When people talk about the practice of extreme couponing, they throw a lot of numbers around about how much you can save on your grocery bill, and how much stuff you can get for free. However, what isn’t stated is how much time they have spent on the practice. You probably also won’t hear about the fact that a lot of the “savings” come from buying products that aren’t needed, wanted, and that probably should not be purchased. How do I know all of this? Because I was an extreme coupon shopper myself from 2007 to 2010 – but I haven’t cut a coupon since.Why I Stopped Extreme Couponing
1 Freebies Aren’ t Really That Desirable
Extreme coupon shopping typically involves combining store sales with manufacturer coupons to get items for free or very cheaply. In many cases, you can use not only store and manufacturer coupons, but “money-off” coupons as well (such as coupons that offer $5 off of a purchase of $20 or more). When I was a coupon shopper, the goal was always to get enough into an order to use a money-off coupon. However, the goal wasn’t just to buy products – the goal was to use the coupons to get products for free. Often, I’d shop at drugstores like CVS, Rite-Aid, and Walgreens, which are prime retailers for extreme coupon shoppers. This meant buying things like diabetes monitors, toothpaste, and cold medicine.Motley Fool Stock Advisor recommendations have an average return of 397%. For $79 (or just $1.52 per week), join more than 1 million members and don't miss their upcoming stock picks. 30 day money-back guarantee. Sign Up Now These items (especially diabetes monitors) often can be acquired for free with coupons – the monitors are free because the test strips are expensive, and the manufacturers want to get you hooked. The problem, of course, is that I didn’t need the items I was buying. The coupon craze created an incentive to buy unnecessary goods. While I could resell them (and sometimes did), they often sat on shelves in my house for weeks or months, taking up space. The acquisition of these unwanted free items also made it seem like I was saving a lot more than I actually was. Often, when you hear about people getting $500 worth of stuff for a few dollars, they are buying whatever is free without concern for whether the products are useful.