In Smart Spending, By Credit Advice Staff, on September 18, 2024

12 Easy and Effective Strategies for Using Coupons

With inflation impacting your budget, finding ways to save money is essential. Coupons are a great way to reduce your spending on everyday items. By following these tips, you can save even more money when using coupons.

1. Collect Coupons Regularly

To start saving with coupons, build a good collection. Look for them in newspapers, direct mail, and in-store promotions. Set aside one day a week to gather your coupons from multiple sources, aiming to collect more than one coupon for the items you use most. Don’t forget to watch for double or triple coupon offers, which can increase your savings.

2. Select the Right Coupons

It’s important to be selective when clipping coupons. Avoid choosing coupons for products you don’t use, as this can lead to unnecessary spending. Focus on coupons for items you regularly buy and clip those for products you’d like to try. This approach lets you save on familiar products while exploring new ones at a lower cost.

3. Use a Coupon Organizer

A good coupon organizer will help you stay organized and maximize your savings. You can categorize your coupons by expiration dates, product types (like food, health, and beauty), or store-specific offers. Keeping your coupons well-organized ensures you don’t miss out on any deals.

4. Search for Online Codes

In addition to printed coupons, explore online sources for savings. Many stores and manufacturers offer online coupon codes that aren’t available in newspapers or mailers. You can find these codes on store websites, through email subscriptions, or by visiting manufacturer websites. These online codes can be used for both in-person and online shopping.

5. Join Loyalty Programs

If you’re not already part of a store’s loyalty program, now is a great time to join. These programs often provide coupons and exclusive discounts on products and services, from groceries to car maintenance and personal care items. Some grocery store loyalty programs even offer savings on delivery fees and fuel.

6. Time Your Purchases

To make the most of your coupon savings, it’s helpful to time your purchases. Most grocery store sales follow predictable cycles. By learning these cycles, you can plan your shopping around when certain items are discounted and pair those sales with your coupons to stock up on essentials at the lowest prices.

7. Join a Coupon Group

If you’re unsure how to get the most out of your coupons, consider joining a coupon group. In these groups, you can exchange coupons with others, share tips, and discover new ways to save. Being part of a group can also expose you to deals and opportunities you may not have found on your own.

8. Stack Coupons for Maximum Savings

Coupon stacking is a powerful way to increase your savings. Some stores allow you to use multiple coupons for a single item, and you can also combine manufacturer coupons with store promotions. Another option is to use a manufacturer’s coupon alongside store coupons that offer double or triple savings. These strategies help you get the most value from each coupon.

9. Try Store Brands

Don’t overlook store brands when hunting for savings. While many people assume coupons are only for name-brand products, stores often offer discounts on their own brands, which are usually cheaper to begin with. By using in-store coupons for these items, you can boost your savings even more.

10. Look for BOGO Offers

Maximize your coupon benefits by taking advantage of Buy One, Get One Free (BOGO) deals. These offers allow you to use a coupon while doubling the products you receive, giving you even more value for your money. Check store advertisements for BOGO deals that align with the coupons you’ve collected.

11. Shop at Multiple Stores

Expanding your shopping to different stores can unlock additional savings opportunities. While it might seem easier to shop at one location, visiting multiple stores allows you to take advantage of various sales, promotions, and loyalty programs, further increasing your savings.

12. Monitor Expiration Dates

To ensure you don’t miss out on savings, regularly check your coupons’ expiration dates. Many stores won’t accept expired coupons, so reviewing them at least once a week is a good habit. If a coupon is close to expiring, prioritize those items on your shopping list to avoid missing the savings.

Conclusion

To make the most of your coupons, it’s essential to have a strategy. By collecting, organizing, and carefully using your coupons, you can maximize your savings and take full advantage of every discount opportunity.