25 April 2017

Biggest Myths About Coupons, Debunked

There are millions of people out there who use coupons on a regular basis, and the numbers are going up by the year. But there are also a lot of myths about the practice of couponing, which could be costing you time, money, or even make you think twice about getting involved. In today’s guide, I’m going to take you through a few of these myths and debunk them - let’s take a closer look at the truth about coupons and coupon collectors.

Myth: "It is a time-consuming process"--

A lot of people don’t bother collecting coupons because they believe it takes too long - but the truth is somewhat different. Sure, it might take some time to set yourself up with a collecting folder, and arrange your coupons in the first instance, but once you are up and running, it takes no time at all. In days gone by, there was an element of truth in the statement, but today things are very different - you have to go out of your way to avoid seeing coupons! You will see them in magazines, online websites, grocery store receipts, manufacturer websites and almost anywhere you care to look.

Myth: "They won’t save you money"--

If you only use one coupon, of course, you aren’t going to save much money. But if you collect as many as possible, the savings you make on a weekly basis could be more than significant. And over a year of coupon use, you stand to save up to a four-figure sum - so the idea that coupons don’t save you much is ridiculous. Just think about what you could do with an extra $1,000 in your pocket. It’s a vacation for you and your family or a fantastic holiday season over Christmas. And also, you should bear in mind that coupon experts often save up to 50 percent of their weekly shopping bills - which could end up saving you vast sums of money over a year.

Myth: "Coupons encourage you to spend more"--

A lot of people are under the idea that coupons exist to make you pay more. This is not the case. Sure, your local grocery store gives you coupons based on your previous purchases to try and get you back in the store, but the vast majority of coupons come directly from the manufacturer. They use them for marketing purposes only in the great majority of cases, and they are trying to tempt you away from your usual brand. But you are under no obligation to make the switch a permanent one. And, as long as you don’t use every coupon you come across and buy unnecessary things, you will save money, not overspend.

Myth: "Coupons make you cheap"--

Some people have a stigma about using coupons and feel that if they use them, others will see them as being cheap. But when some of the top financial experts in the world recommend using coupons, who are we to argue? As ToughNickel.com state, the simple truth is that using coupons is a savvy move - and far from cheap. You get to save money at the checkout, which you can use for improving your lifestyle, protecting your future, and putting away for your children as savings. Ultimately, if you want to pay full price for everything in life, you will have less to put aside for more important things. And it doesn’t matter how much money you earn, your future and that of your kids is, surely, far more important than feeling cheap when using a coupon?

Myth: "You only get coupons for cheap and nasty products"--

Another big myth is that you only ever see coupons for cheap products such as processed foods. But in reality, you can go to coupon sites like DontPayFull.com and find deals and discounts for all kinds of products, from luxury shampoo all the way through to iPads and iPhones. There are coupons for health services, brand new gadgets, books, magazines, and almost anything you can think of - it’s not just about groceries and processed cheap foods.

Myth: "Generic products are always cheaper than brand name coupon purchases"--

Finally, a lot of people will always go for the generic products rather than a brand name and coupon, purely for the fact they think it will be cheaper. Don’t forget - coupons are brand driven, with the aim of getting to you to become a loyal customer, or offering you something better than you currently experience. And to tempt people away from the generic, store-branded products, you will find even luxury brands end up costing you less.

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