The Learning Channel's (TLC) latest "Extreme Couponing" latest
season is underway. Are you a coupon user? Would you like to increase
the amount of money you are saving by using coupons? Below is a
review of some of the basic tricks these coupon pros use. Read on
for six ways you can begin to save like an extreme couponer.
- 1. Start Small
- Don't try to go extreme all at once. Take it step by step,
rather than show up at a checkout with 50 coupons and little
idea what you're doing.
- 2. Never Pay For Coupons
- There are some things in this life you just shouldn't pay
for, and a coupon is one of them. Paying someone to clip or
organize your coupons defeats the purpose of living frugally.
Instead, surf Sunday newspaper ad supplements for coupon savings;
ask your neighbors for their unwanted papers; or dive inside
a recycled dumpster or two. Also, free online coupon sites like
CouponSherpa.com give consumers access to a multitude of coupon
printable coupons for thousands of merchants.
- 3. Get Organized
- A little organization can go a long way. Always create a
shopping list and have your coupons and shopping strategy organized
before you even enter the store. Use an
expandable coupon binder to sort coupon inserts by date,
categories and expiration dates. Transfer to a small couponizer
only those you'll need for a specific shopping trip.
- 4. Location, Location, Location
- Where you shop is a key factor in making the best use of
your time and coupons. Only shop at locations that allow
coupon stacking and combining coupons with in-store offers.
Don't be afraid to call and ask about policies before you show
up. You don't want to wind up embarrassed at the checkout line
with a handful of useless coupons.
- 5. Loyalty Rewards
- Always take advantage of club membership rewards. These
programs are usually free and have many savings perks, like
rewards points, cash back programs, and double points for every
certain amount you spend.
- 6. Don't Be Greedy
- This is often where extreme couponers cross over into the
world of hoarding. Only shop for items you actually need, products
you can stock up on that aren't perishable, and those you can
donate. Remember, a bargain is only a bargain if you can actually
use the purchase. If your pantry has expanded into your living
room and the kids are sleeping on rolls of toilet paper, you've
probably reached hoarder status.
Check your local listings for TLC - Extreme Couponing for the
air times and dates in your area.
ICFE eNEWS is available
FREE upon request by visiting our Web site and filling out the
form, with the words "eNews request" included in the comments
field. Please pass this eNEWS on to your peers and interested others
and invite them to subscribe for free.
Paul S. Richard
President - Executive Director
Institute of Consumer
Financial Education (ICFE)
About the ICFE:
The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation). The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely.
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.
The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org). CASDRAP disbanded in 2010, shortly after the web site project was completed. In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.
The ICFE is also an on-line help for consumers who spend too much. ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.
Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org. Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G, a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.