April 29, 2010

Thursday Tip

COUPON Cutting

OK so again we all want to save our money so what is one of the things that comes to our minds.... coupon cutting. Now I am not for OR against it. I can see pros and cons to trying to save money with this method.

Pros
* You get to buy things that you might not otherwise buy
* You save money on products you already buy
* You get to try new items for low to no cost at all.
* Its a great way to stock up on pantry/ food storage items

Cons
* You buy things you might not otherwise need or would have bought. (If you are spending more money on things you really don't need are you really saving?)
* It takes time. -- Sometimes LOTS of time.
* If you are shopping based on a meal plan the items on sale may/ may not be on the sale. Therefore trying to lead you astray when sticking to a strict budget.
* A budget may be out the door unless strictly followed - A bit of dedication is needed

Just remember when shopping and using coupons it is not how much you save but how much did you spend? Don't get me wrong this is true with sales too (unless adding to your food storage). You won't save anything by buying something that you could do without (just because it is on sale.) I find when I purchase like this I sometimes waste my money when not used fast enough.

There are many marketing companies paid BIG money to make sure they get the most out of you when you make a trip to the store. USE CAUTION!

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