The Benefits and Drawbacks of Couponing

Extreme couponing was very popular a few years ago. However, many people avoid using coupons for a variety of reasons. Some men and women feel it takes too much time to clip coupons, while others believe they can’t save as much as the people featured on popular extreme couponing shows so it’s not worth the effort. However, this is not necessarily the case. A person can save money on essentials and on things other than groceries, such as meals out with the family. What are the benefits and drawbacks of using coupons that every person should consider when determining if couponing is right for them?

The Benefits

People who use coupons often get items at a deep discount if not free. They can stock up during sales and not purchase those items for an extended period of time. In addition, people who coupon regularly tend to make fewer impulse purchases. They wait to see if a coupon becomes available so they get a better deal. New products can be tried for very little money, and the savings achieved through couponing may be used for any purpose.

The Drawbacks

Finding, cutting, and sorting coupons takes time. Furthermore, the coupons are frequently for processed items, which many people try to avoid. Stores establish their own coupon policies, and a person might find they spent more than they actually intended to because they weren’t aware of these policies and tried to stock up. This doesn’t even take into account the fact that stores may be out of items you need when you go to purchase them with a coupon, and other shoppers often get frustrated with people who use coupons. Finally, there must be room in the home to store the items purchased using coupons. This can be a problem for many.

Keep the above in mind when determining whether using coupons is right for you. However, consider the fact that coupon enthusiasts often reside in households with an annual income of over $100,000 a year. They are pinching pennies to use their money for other things they consider to be more important. You can do the same if you know how to coupon properly. Take the time to learn this skill. Even if you find couponing isn’t of any value to you now, it may be in the future.