Monday, January 24, 2011

How to get the most out of your coupons

Using coupons is kind of like playing a game of cards.You want to hold on to them until you find the best possible deal, and then play them.
The key for getting the most out of your coupons is using them when a store puts an item on sale.  This way you are getting a discount from the store and the manufacturer.  If cereal is typically $3.00 a box and you use your $1.00 coupon you are still paying $2.00 for cereal.  If you wait to use your $1.00 coupon until your store puts it on sale for $2.00 you now only have to pay $1.00 (this is my personal “stock-up” price for cereal).  This is where stockpiling comes in.  When an item reaches that rock bottom price you should buy as many as you can afford or have coupons for.  A good rule of thumb is to get enough to last your family 6-8 weeks because stores generally put items on sale in 6-8 weeks cycles (when you run out it will be on sale again!).  You might be wondering why you should buy so many items if you don’t need them right away.  If you are going to need this item before the it goes on sale again you will end up paying full price.  If you “stockpile” while the item is on sale you will never have to pay full price again!  Think about it this way.  If you buy one box of cereal a week at full price ($3.00) you will pay $12.00 in 1 month.  If you buy 4 boxes of cereal with your coupons when they are on sale you will only pay $4 on 1 month!  Thats $8 in savings because you stockpiled!
***Check my blog for the best weekly “stock-up” deals at your favorite stores***
Please leave a comment with any questions

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