Posts tagged ‘Bargains’

September 12, 2011

27.5 reasons I coupon

10/366:  Sunday Coupons
“Sunday Coupons” by TeamJTX on Flickr

Yesterday, while my kids were at my parents’ house enjoying the pool, I took advantage and went to the grocery store. Of course, I took coupons.

I know coupons and those who use them are pretty trendy these days. And there’s a whole television show mostly dedicated to those who abuse these little papers in ways most of us just can’t understand (75 deodorants and you already have 125 at home?).

But I have to tell you, I love my coupons. And I’ve loved them a very long time. After a trip like yesterday, I really can’t understand why using coupons isn’t a universal practice. Coupons are money.

I think I use my coupons in a pretty normal way and yesterday’s trip is my type of awesome shopping trip– the variety is wide and the savings substantial. I bought:

10 Lunchables, 1 Bag of Celery, 2 Ben & Jerry Ice Creams, 1 Can of Baking Powder, 2.5 pounds of Grapes, 2 bags of New England Coffee, 1 Bunch of Organic Rosemary, 1 Pint of Grape Tomatoes, 1 Onion, 1 Bag of Red Potatoes, 1 Pack of Bacon, 2.25 Pounds of Bananas, 2 Cans of Tomato Sauce, 2 Boxes of Baking Soda, 1.35 Pounds of Plums, 3 Lemons, 2 Bottles of Ocean Spray Juice Blends, 1 Box of Honey Nut Cheerios, 1 Box of Lucky Charms, 1 Box of Cinnamon Toast Crunch, 2 Boxes of Fiber One Chewy Bars, 2 Sure Deodorants, 1 Degree Deodorant (for Friend), 1 Dozen Organic Eggs, 2 4-packs of Mandarin Orange fruit cups packed in water, 2 Packs of Yoplait Granola Parfaits, 2 Almond Breeze Milks, 2 Packs of Yoplait Fiber One Yogurts, 1 Bottle of Fabuloso cleaner, and 2 Bottles of Palmolive.

I spent $88.27. I saved $77.13 or 47%. What you need to know is $27.50 of my savings were in clipped coupons. I don’t know about you, but $27.50 towards feeding my family and keeping my home clean(ish) is a good deal. None of the items I bought were things I bought solely because I had coupons. I needed and/or wanted everything here.

I know a bunch of you are probably cringing at some of the food I have listed here but you should know this isn’t because I coupon, it’s just the way I shop. I am not a health nut. I also absolutely hate being in the kitchen which reflects in my tendencies to shop for convenience foods. I hate shopping the perimeter of the supermarket. I do what I can where I can and don’t beat myself up for the rest.

The Lunchables, for instance, are the perfect example of this. I had no coupons for those. But my kids like them, the Deli had a huge line, and the ham they eat wasn’t on sale this week. I would’ve easily spent $10 on one pound of the ham alone. So, I said “Screw it” and bought the ten Lunchables at $1 each.

As for time and effort, I don’t know what to tell you. I don’t count the amount of time I’m actually in the grocery store because I’m spending that time there whether I have coupons or not. I don’t always have the time to go to the grocery store once a week or more, although I wish I did because I’d save more money. I definitely don’t have the time to go to more than one supermarket a week. I also tend to be faster in a store when I coupon because I have an awesome list and ONLY stick to the list.

It’s hard for me to gauge the amount of time I actually spend a week clipping coupons because right now I’m in the process of transitioning into a binder. This is taking me forever because I have almost a year’s worth of coupon inserts saved and many are doubled thanks to my awesome Mom. In the past week or so, I’ve easily clipped over 400 coupons and I have more to go. I’ll probably time myself when I do yesterday’s bountiful bunch but I have a hunch it’s about one hour and I do it when it’s nice and quiet and the children are sleeping. That much time is for one of those weeks that has a ton of inserts like yesterday’s paper did. Not all weeks have so many coupons.

If you’d like to maybe try using coupons effectively, here are my suggestions.

  • Before you subscribe to a newspaper or go buy them, ask your neighbors/friends/co-workers/family you’re comfortable with and see often (once a week) if they get the Sunday paper and if they do, if they use the coupons. If they don’t, ask if they wouldn’t mind giving them to you. Free coupons are the best coupons. If  no one convenient has them, buy the paper or subscribe.
  • OK, save yourself the trouble and get a binder (they’re on sale right now with back to school clearances and stuff) and get some trading card holders. I didn’t use this system but now that I do I feel like a moron for not using it before. Don’t risk feeling like a moron. To give you a perspective on how many trading card holders you’ll need, I’m currently using about 45 pages one-sided. But, again, I’m using several months’ worth of inserts. You can probably do perfectly well with 10 to 20 pages. Sharon just set hers up and it took her only 45 minutes from start to finish (including clipping the actual coupons).
  • Every time you get a bunch of coupon inserts, take the time to go through them and clip the coupons for things you use regularly or would like to try. If you really don’t care about the brand, then make sure you clip all of the different coupons for the same type of thing so you have more opportunities to match coupons to a sale. If you’re brand loyal, the amount of time spent clipping will be cut but so will the amount of savings. It’s still worth doing! Clip them, sort them, and put them in their handy organizers.
  • Every time you have to go shopping, make a list of everything you need. Then, check the insert to see what, if any of it, is on sale, And finally, check your coupon binder to see what you have coupons for. You can do a happy dance if you have coupons for items that are also on sale because that’s where the magic happens.
  • When I head into the store, I have a very nice list organized by section and I have all of my coupons pulled and ready in a little coupon carrier I have. I actually only use two pockets in it– the one in front is for the coupons I’m turning over at the cashier and the other one is for the coupons I ended up not using for one reason or another. I have not yet taken my binder with me because I feel this would lead me to spend more time in the store and possibly to impulse buys.
  • At the register, I put all of the items that don’t have a coupon at the front, and the ones that do at the back. When it’s my turn, I explain to the cashier “All items behind such and such have coupons. Should I give them to you all at the end or would you like me to pair them up with the items?” Nine times out of ten their eyes light up with my suggestion and ask if I could please match them that would be awesome. So, I go and start matching. Now do you see why I put all of the non-coupon items up front? Buys me some time!

If you really want to get into the groove of coupons, you can use a website like SouthernSavers. It tracks all of the sales and matches coupons for you. It also highlights which items are REALLY cheap and so you might want to try and stock up on those a bit more than usual if it happens to be something you use often.

The reason you stock up when it’s on sale really low is because you don’t want to pay full-price for the item when you run out. Yes, you’ll be paying full-price for some items when you start using coupons but eventually, the number of items you pay full price for get smaller and smaller. On my list, only five items were full-price items. Everything else was either on sale, had at least one coupon, or was on sale and had at least one coupon.

I believe using coupons is like anything else. If you go into it with a bad attitude, you’re not going to get much out of it. But, if you’re willing to learn something and take the time to keep at it, I think you’ll be very pleased with the results.

Recently, GRS did an Ask the Readers post with the question: How much do you spend on food? The couple asking was spending $750 a month– for just two adults. JD’s answer wasn’t far off either. I was shocked.

On average, I spend $615 a month on food– and that includes dining out and other convenience eating I do. My average bill at a grocery store is only $255 a month and that includes all the cleaning products and things like that. Did I mention I have three kids?

So there you go; yesterday it was a savings of $27.50 but over a year, it’s much more. And it’s just too much for me to simply dismiss it as not for me without giving it a real solid try. If you’re pressed for money, I suggest you do too. It’s essentially extra income that’s not taxable!

July 27, 2011

Ten Challenges to Stimulate Your Savings

Frugality - Penny Pinching
“Frugality” by Living Studios

Whatever the reason, and there are so many, sometimes we need to come up with some extra cash or at the very least, scale back some expenses. To this end, people embark on Fiscal or Spending Challenges. They all work in generally the same way—reduce spending in a particular fashion for a set number of days. At the end, put whatever savings you get (no matter how small) into a savings account of your choice. Here are ten different challenges you can try.

1 ) Dining Out Challenge

Sit-down meals, take-out and delivery, or fast food all take a larger toll on our funds than eating from our home. For a mild challenge, aim to eliminate one category of convenience eating for one week—for example, no fast food. If you’re looking for extreme changes, eliminate at least two, if not all three, of these categories for one month.

2 ) Clothing Ban

You know you don’t need any new clothes when you have mountains of laundry and your family is still able to easily put together complete and tasteful outfits from your closets and drawers. Put the freeze on spending—no clothes, shoes, or accessories for one month. If you want to make this challenge a bit tougher, get rid of one article of clothing for every day of the challenge. If you’re able to sell at least some of the clothes you unload, you’re really amping up your savings.

3 ) Stick to the List Challenge

If your weakness is being lured away from your shopping list, this might be the challenge for you. Write up a list before you get to the market and don’t let anything else in your basket. When you go pump gas, leave the drink in the fridge. When the mission is to find the perfect shoes for the interview, forget the cute sandals and the perfectly priced dress. For a mild challenge, aim to ban all impulse buys for just one week. If you really want a shot at curing this practice, aim for at least 30 days.

4 ) Plastic Freeze

If swiping your debit card is making your funds too easy to get to, put the booger on ice. Go cash-only for a week or even a whole month. Online purchases count as credit card swipes. Paying your bills from your account don’t.

5 ) Say No to the Store

It seems everyone I talk to has a store that is their weak spot. Something about it wreaks havoc on your mental wiring and suddenly Wants and Needs are all in the same pile. For me, it’s Target. Maybe for you, it’s Amazon, the thrift store, e-Bay, CVS, or the convenience store. Whatever your Store, skip it for a month and see just how much of a drain it is on your wallet.

6 ) Limited Spending Challenge

This is one of the more common financial challenges. It’s highly customizable and is often an eye-opening experience on just how low you can go. If you’ve been tracking your spending, figure out what your average spending on non-bills is, either weekly or monthly, and challenge yourself to reduce that by a certain percentage. Go for a quick and easy 10% or get drastic with 50%.

If you’re not tracking your spending, this just might be the reason you start as it was for me. Figure out the amount you think you spend monthly on your bills. Subtract it from the amount you think you receive a month. And then commit to living on only a percentage of what’s leftover.

(Income – Bills) / Percentage of your choice = Spending Challenge Amount

7 ) Complete Fiscal Fast

Seven Days. Zero Dollars. It is that simply difficult. You can’t stock up before you start, except gas. Take your wallet from 60 mph to 0 and keep it idling for seven days. Half Dozen Daily is getting ready to embark on one. Think you can do it?

8 ) No-Spend Days 

Seven straight days is definitely challenging. For some people, it’s even impossible. For this challenge, pick a target number of no spend days for a month. Taking a cue from the Complete Fiscal Fast, seven is a good way to start. Can you take it higher?

9 ) Coupon Challenge

The only challenge that requires preparation a month ahead whether or not you’re new to couponing. For newbies, take advantage of the preceding challenge month to stock up on coupons by buying the Sunday paper every week, asking friends for their discards, printing coupons online, and collecting those little blinkies in the supermarket. Track your grocery and drugstore spending and what your average savings, if any, are without coupons. Finally, visit couponing websites to educate yourself on how couponing works.

If you use coupons now but think you can do better, save your receipts from your shopping the month leading up to the challenge. At the end, figure out what your average savings are currently and challenge yourself to increase them by a certain percentage next month. Generally, the higher you are, the harder it is to keep going so keep that in mind. It is truly a challenge to average savings above even 50% (it CAN be done).

When the month of your challenge starts, get your coupon on. Make sure, like the previous month, you’re tracking your average savings and see what the difference is at month-end.

10 ) Power Down Challenge

Can you say no to electricity for seven nights? In this challenge, your family unplugs every night, at the same time, for seven nights. Candles and battery-operated devices are acceptable but you can’t recharge until the power comes back on. This challenge has a two-fold benefit. One, it will surely help reduce your utility bill while quite possibly pointing out power leeching devices and habits in your home. Two, it’s a great way to test your family’s Disaster Readiness level. Having experienced hurricanes myself, including Category 5 Hurricane Andrew in 1992, I know how important Disaster Readiness is, and how easily it’s forgotten.

Have you embarked on a financial challenge? What was your experience?

April 4, 2011

Holy Monday Haze

I’ve been sort of pondering whether or not I’d blog today not because I’m in a yucky mood but just because I’m so freaking out of it.

I had a fantastic weekend. So much so that when I came into work today I felt like I’d been away from the office for ages. The Divorce Dessert Party was a success. Seriously. There was so much junk food! And there was this ridiculous amount of alcohol that I am just not used to seeing. After I was done with the kitchen for the night, we had a lovely champagne cocktail toast to freedom. I had a couple little drinkies after that and had a big fat smile on my face. I don’t drink much at all so when I do it’s very nice. I don’t overdo it, but I just mellow out and forget anything yucky could even exist in this world.

I pretty much spent the next day sleeping. I was just overcome with exhaustion from the past couple of weeks and the sleep deprivation and all of that. I was just done. And of course, the alcohol helped keeping me sedated for many more hours than I’d usually sleep. Later that night, I got to cleaning and some friends came over. I played poker! It was two girls and two boys and the girls won! We didn’t even keep playing after that because we were tired and just happy we took out the boys. Silly boys!

Unfortunately because of the massive sleeping I did that day, I had a horrid time getting some real sleep last night and so despite the fact I was totally awake and refreshed this morning, I’ve completely crashed and turned into a drooling incoherent loon. It’s ok though because I just inhaled a bag of Peanut M&M’s.

Oh, for you people out there who like saving money, here’s my Friday night CVS adventure trip for you laid out as best as I can ok?

Right so Friday I got my quarterly ExtraCare Bucks (ECB) in the email, $8 worth. And they came with a coupon that takes $5 off a $25 purchase. Now, I’d been planning an awesome CVS trip with SouthernSavers but this arrival made it ridiculous. Ready?

I bought:

1 Dove Go Fresh Body Wash

2 Dove Deodorants

1 Dove Shampoo

2 bags of Halls

2 Colgate toothbrushes

I used my $5 off coupon, $3 in ECB from my last trip, my $8 quarterly ECB, and $6 in manufacturer’s coupons. One coupon actually stayed stuck in my organizer and I missed it. :( I paid $5.02 and collected a bunch more ExtraCare Bucks. Savings on this trip? $31.40 according to my receipt. So then, I went back to the store and bought:

1 Pledge Lemon Spray

1 Skintimate shaving cream

4 Clean & Clear Body Washes

2 Softsoap Body Washes

I used $12.28 in coupons (includes two Buy One Get One Free coupons on the Clean & Clear) and $11 in ECB. I paid 50 cents and I have leftover Extra Care Bucks. Savings on this trip? $43.76. So all of that stuff up there? Cost me $5.52 out of pocket for a grand total savings of $75.16 or 93%. I’m most excited about the Body Washes because it is actually not an easy item to get great prices on (women’s at least, the men’s is TOO easy) and I’m stocked for months.

It’s because of sales and rewards like this that I really adore CVS. They understand developing Customer Loyalty. The checkout process has only been painful for me twice and I’ve never returned to either CVS again. I just wish I could buy absolutely everything there. Publix is my other favorite but they’re just not as good with Rewards as CVS. If Publix develops a serious Loyalty program, it’d be heaven for me.

I finished The Help which was as good a book as everyone swore it was. I think I’ll switch gears and read Kiss & Tell next. I also need to just finish up that other panda  so I can give my kids their snugglies before they have fits.

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