While couponing has definitely been quite trendy in the last few years, it’s certainly not new. Coupons have been around nearly as long as newspapers, and that’s a long time.
That being said, there’s certainly a lot more to couponing than simply clipping coupons out of your local newspaper, magazines and flyers. Also, just because you have a coupon for something doesn’t particularly mean that you’ll be getting a great bargain if you buy a lot of it, and maybe just the opposite.
The next few couponing mistakes will give you a great example of how sometimes couponing isn’t the money-saving activity it’s cracked up to be. Hopefully it will help you to avoid these mistakes and save more money. Enjoy.
Mistake #1: Purchasing something simply because you have a coupon for it
Let’s just say, for the sake of example, that you have a coupon for spaghetti sauce. Now let’s also say that nobody in your house actually likes spaghetti. No matter what kind of discount you’re getting, it’s likely that those jars of spaghetti sauce are going to sit on your shelf for ages and, possibly, never get eaten at all. Just because you have a coupon for something doesn’t mean it’s a great deal, or a good fit for you and your family.
Mistake #2: Stockpiling because something’s on sale and you have a lot of coupons
Taking the example above, even if your family loves spaghetti and eats it regularly, if you buy so much spaghetti sauce that it goes past its expiration date, that’s still money in the garbage. Unless you purchase something that doesn’t “go bad”, or that you will definitely use before it does, purchasing too much is usually a bad idea. (Of course, for products that don’t expire, go nuts.)
Mistake #3: Purchasing a name-brand product with a coupon before checking if the generic brand is actually cheaper without a coupon
This is a mistake many people make. In most cases, generic brands are just as good as the name brand, and usually much cheaper. Even if you have a coupon it can still sometimes be cheaper to buy generic, so make sure you check.
Mistake #4: Forgetting to bring your coupons
This mistake is becoming a thing of the past as more and more coupons can be found online and accessed using mobile devices like smartphones and tablets. Nevertheless, if you diligently save coupons but forget to take them shopping, you’ve wasted not only your energy but your time and money too. If the supermarket isn’t too far, you should probably turn around and go get them. (Just saying.)
Those are the 4 biggest mistakes that people make when couponing. In this day and age of food prices that are through the roof (and going ever higher), your couponing efforts might just save you a bundle of cash, so do your best to avoid them and keep your food budget under control.