What to Know About Extreme Couponing


Whether you’re looking to get into couponing for yourself or you’d like someone else to do the heavy lifting for you, here are some ways you can utilize the process to save yourself some serious money.

We are constantly bombarded with coupons, whether they’re sent to you in the mail, you find them in the newspaper and magazines or they’re sent right to your email; whatever the method, there’s a strong chance they’ll eventually find their way to you. Many of us simply swipe these coupons into our email trash folder or toss them into the waste bin, but what if coupons could save you more cash than you think?

Well, as it turns out, there are a few ways extreme couponing can save you a big chunk of change. Whether you’re looking to get into couponing for yourself or you’d like someone else to do the heavy lifting for you, here are some ways you can utilize the process to save yourself some serious money.

Find Stores with Generous Coupon Policies

Many stores will take other stores’ coupons; this falls in line with a generous coupon policy. While it depends on the store and their policy, you may be able to find grocery stores and retail stores that will honor coupons from their competitors. If you have a competitor’s coupon and you’re curious, there’s no harm in asking the cashier.

Generous coupon policies extend beyond just taking coupons from the competitors. Naomi Mannino, a writer for Bankrate.com, says that generous coupon policies allow stores to stack coupons, or take more than one coupon per transaction, and “provide a rain check […] for any out-of-stock merchandise.”

Plan Ahead

The biggest difficulty of extreme couponing isn’t handing the cashier a coupon, but finding and organizing your coupons ahead of time. Mannino suggests finding an organization method that fits your lifestyle. “Decide what works best for you – maybe some kind of folder, a binder or envelopes for your coupons.”

Mannino also suggests an organization system for your ready-to-use coupons: “Organize and label groups of coupons before a shopping trip, using envelopes or paper clips to sort for separate stores or transactions.” Having your coupons sorted and ready will help you save both time and money. Not to mention, it’ll cause less of a headache for the cashier and the customers in line behind you.

Recruiting a Service

Fun fact: there’s now a market for coupon clipping services. This is not a requirement for extreme couponing, but more and more consumers are finding services like these helpful. With extreme couponing becoming more popular, companies have emerged to provide coupon-clipping services for those short on time. But these services don’t simply sell you the coupons (which is illegal). Forbes.com contributor Marcia Layton Turner, also a small business specialist, explains that these companies charge a small fee for “finding, clipping and packaging the coupons that the customers request, but that fee is not for the coupons themselves. The handling fee is equivalent to 10% of the coupons’ face value.”

Extreme couponing can be time consuming, but in the end, it can help you save a lot of money at the cash register. It’s up to you whether the money you could keep in your wallet is worth the time you’ll spend clipping those coupons.

 

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