Old-fashioned as it may seem, clipping coupons can be a great way to save money when cash is tight. By carefully planning, you can save yourself hundreds of dollars while finding and using coupons correctly.
Design Your Method
It can be easy to fall into the trap of buying items you wouldn’t normally use, just because you happen to have a coupon. Decide what you need to buy over the next week or month first. Make a menu plan, and then a shopping list that includes both the staples and perishables you might need.
Research Your Shopping
With a shopping list ready, get a copy of the local Sunday newspaper or go online. Figure out what store offer the best prices or are having sales. Plot out your trip plan for the best prices and fewest store visits – if you drive to many stores, your fuel costs could use up all your savings.
Look Into Available Coupons
Once you know what items you need and have a good idea for where they are on sale, start researching what coupons are available. While the local newspaper can be a very good source for coupons, the internet is one of the best sources. By signing up for a company email newsletter, you can often get coupons. There are many online services that act as coupon clearinghouses. Some of the best coupons can be found on websites for between 10 and 50 cents, while others are offered for free. Note any expiration dates or limitations on the coupons.
Double-down
When you have a good handle on the coupons and sales available, it is time to start matching them with your shopping list. If a grocery store is having a two-for-one sale, match it with a manufacturer coupon for a better price. If the store is offering a coupon, you can frequently match it with another coupon from the manufacturer. By matching coupons one with another, you can save even more money.
Being flexible is most important
There are some times when you really will find amazing deals not on your shopping list. If you do find a great deal, make sure you will actually use whatever the item is. When you find items on special that you know you will use, be willing to change your list. One way to keep yourself organized is to keep a month-long list of meals, and then cross them off as you go.
Go shopping with your list
It is time to go shopping once you’ve got both your plan and your coupons organized. While you’re shopping, it’s important to keep unadvertised specials and club card deals in mind. Keep a file of coupons so you can double-down in the future. Importantly, try to keep your impulse purchases to a minimum. It won’t help save money if you end up buying lots of items you don’t need.
It may take extra time and effort, but clipping coupons can save you extra money. Just remember that it’s important to research, plan, and be flexible.
