My wife has recently taken up the new "hobby" of coupons. Now this is a rather elaborate hobby and I must say I approve. The knock on couponing is that the prices are marked up so you do not save or that they are not for things you would want.
I have noted the following:
- My wife is getting stuff very cheap. There are strategies to use. (I have seen her pick up about $140.00 worth of stuff for about $30.00.)
- Frequently we do end up with products or food stuffs we have not used or tried before. That is fine. It gets us to try new things. This is one reason they provide coupons.
- Admittedly we are getting some things we do not need today. However, When my wife gets for bottles of Laundry detergent at a rock bottom price we know we will use it eventually. I have a stack of new razors - The way she worked the coupons they were free or part of an overall purchase strategy with some other products that provided a huge savings.
- I have cautioned her that it does not make sense to drive 10 miles to save $1.00. She knows this. However, she plans her shopping trips well in advance and hits several stores, most often for many items. I think she actually enjoys getting out of the house and away from the kids so it is not like work - work.
- It takes a lot of planning and organization. My wife puts a lot of time into it. However, it is like a game for her, just like Active Rain is somewhat of a "game" for me. But it is a game with a real payoff. She does not seem to be wasting as much time on Farmville which I found irritating.
- We buy 4 copies of the same paper on Sundays to get the coupons.
- Our position is challenging. We have 6 kids and money is tight. My wife has considered going back to work but with the cost of child care and the cost to our family the money she would earn would probably not make a difference in our situation. The couponing is a big help.
I am considering having her write some post on the subject.
Is anyone else doing this?