Frugal Friday

In honor of National Coupon Month I’ve been invited to share some statistics with my readers. I have to admit I’ve started clipping coupons but I haven’t really taken the initiative to actually use them. After reading these statistics I think I’m going to have to rethink my shopping strategy.

These statistics come from the Promotion Marketing Association Coupon Council’s recent findings. Who knew such a thing existed?

*$3 billion of savings were achieved by consumers using packaged goods coupons last year.

*The typical family can easily save $1,000 annually by spending just 20 minutes a week seeking, clipping and organizing their coupons.

*89 percent of the overall population report that they have prepared a shopping list using coupons, up from 78 percent who said they did so a year ago.

Here are some clipping tips from the experts:

*Look for coupons in the Sunday newspaper, coupon books, in magazines, in your mailbox, at the grocery store shelf, on the Internet and with your cash register receipts.

*Visit manufacturers and retailers websites to download or register for coupons to be sent to you.

*Use a coupon organizer to sort coupons and keep it with you at all times (for those “unplanned” shopping trips). Use coupons with shorter expiration dates first to stock up on necessary items.

*Maximize savings by using retailer coupons during big event sales (i.e. Back-to-School, Holiday , and Seasonal).

For more information you can visit the National Coupon Month website. I hope these tips will help you save money. Do you have any money saving tips you’d like to share? Please be sure to leave them in the comments!

14 thoughts on “Frugal Friday

  1. Never shop without a list. If you just go in to “pick up a few things” you will inevitably come out having spent more than you intended on things you didn't really need.Also? Don't grocery shop when hungry.

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  2. What Sci Fi dad said. I went to the store to get shampoo yesterday and came out with $50 worth of stuff. I think you should really try out those coupons. I think you will be amazed by how much you really can save. 🙂

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  3. Also – shopping tip- when you are standing in the aisle staring at the shelf, look at the top shelf and the bottom shelf for cheaper products. The most expensive and most profitable products are right at eye level.Grocery stores also use the end-caps to “push” products. The sign might say “sale” but more times than not, it's an impulse item like frozen pizza, oreos or something you weren't really planning on buying onsale or not.

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  4. I keep planning on saving money then I never do. Coupon clipping is so time consuming so we don't usually remember but I do buy a crapload of stuff when it's bogo. BOGOBOGOBOGO.

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  5. I think coupon using is a bit of a “skill” that you need to develop. I have tried, but then forget I have them, let them expire, yada yada yada. BUT, when you are only shopping for 2, it is not as big of a deal. (or is that an excuse)

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