Coupon-Clipping Creates Cash
The popular myth about coupon clippers is that they are obsessive
penny-pinchers who should drop their scissors and come back to
the real world. One person's hobby is another's obsession but
the reality is, you can save lots of money using grocery coupons
and not have to spend all day doing it, says Family Circle
In fact, refunding is a way to get food and non-food items almost
for free. Disposable razor blades, for example, are used in mass
quantities by large families. Take advantage of cash rebates
that may refund almost the entire purchase price of a package.
That adds up over the year. All that money is tax-free because
the IRS doesn't consider refunding to be taxable. Refunds are
becoming easier to do now that manufacturers are accepting UPC
(product code) numbers in place of the UPC symbol. Instead of
cutting out and sending the symbol along with the receipt, simply
write the UPC number on the receipt itself.
Here are some other ways to win at the cash register:
Just because a brand has a coupon doesn't mean
that a competing brand isn't cheaper, even without a coupon. The
same thing is true of sale items and non-sale items.
Most grocery shoppers are predictably loyal to one
store. Don't stick to your usual store if a competitor has a
Cash-in on cereal discounts. Cereals always have coupon deals.
Organize your coupons.
Store your coupons in an envelope
according to category, i.e., major food products and nonfood
stuff. Circle the expiration date.
Stick to what you need.
In other words, if you normally don't
buy fancy, microwave dinners, don't buy one at 30 cents off.
Apply coupons to sale items.
Paying less than the sale price
really saves you money.
Some coupon clippers give the term "breakfast of champions" new
meaning. Susan Samtur made the Guiness Book of World Records one
time for her coupon-shopping prowess. In 1984, she bought
$519.66 worth of groceries for only $22.10.