February 11, 2011

Couponing 101: How To Maximize Coupon Savings



Now that you know the basics of couponing your next step is to understand that there is many times that the coupon will yield a higher amount of savings. However, all coupons will not make you this lucky. An avid part of couponing is the knowledge of when to use and when not to use the coupons that you have, there is a proper methodology to the madness. Initially, you will always want to purchase when the item is on sale. Never purchase an item, even with a coupon, when the product is at regular price. Frugality is about waiting for the specific item you need to go on sale, when on sale your frugality is about purchasing enough until the next sale cycle; ensuring you have coupons to maximize your savings. Other ways exist to maximize your couponing savings, as a savvy couponers you will need to take full advantage of these maximizations to get the most bang for your buck.

1. Double Coupon Deals  – As mentioned in prior Couponing 101 blogs double coupons indicate the your store will provide double the value, usually this is done as a perk. Some stores will also triple the value of coupons under fifty-cents. You will want to find the stores that maximize your frugality in this way and use the specific store as your central trading post. Keep in mind that some stores will only double coupons up to a certain value, however, any redemption that is more than the value of your coupon will put more savings into your bank account.

2. Coupon Expiration – You should never rush to the store to buy a specific item on the account that your coupons are about to expire, unless you need the item and can justify the sale purchase price. Expirations usually do not equate to store sale cycles however, you should always purchase on sale. If you must allow your coupons to expire do not feel bad about this. Another coupon for the specific item will come along so that you can use it with justification at the appropriate time.

3. Price Justification – To maximize your frugality you should always know the regular price of each item you are purchasing as well as the lowest rock bottom price you intend to pay for those same items. To keep of the products you pay the most for or the products used in your home the most you should always know your rock bottom sale prices and purchase when you can achieve these sales. This also goes back to state that you should never purchase at full price, even with a coupon or two. In example, I find that I never pay over .10 for an individual roll of toilet paper; keeping in mind that so many rolls come to a pack. I do not purchase unless I can purchase at this price and even then I don’t purchase when the stockpile leaves me without the justification to buy. You should never purchase because you have a coupon or because the item is on sale.

4. Free Coupons – You should be aware that even free product coupons can be maximized when used correctly. In example, if I had two coupons for free dish detergent and the brand issued a brand saver for $10 back on a purchase of $20 I could use those two free product coupons and still retain money back from a mail in rebate. This allows me to even get the most out of nothing, I can do this and so can you.

5. Coupon Stacking – Many current stores will allow you to stack the coupons that you use. Simply this means coupling a manufacturer coupon with a store coupon for the maximum amount off items. Coupon stacking takes a while to perfect and you will need to know the coupons you have, shopping when the items are on sale. Using both coupons during a sales cycle will allow for the purchase of the item many times for free or just pennies on the dollar, even of the sales pricing. I stack coupons for nearly everything in my household stockpile and walk out with deeper pockets and a smile on my face knowing of the money saved. Pharmacy stores are my favorite places to stack coupons, however, many stores do allow this. Please note that coupons disallow this if they state they are not valid with other offer.

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