While more than $250 billion of coupons are printed every year only $2.6 billion are ever redeemed. Since September is National Coupon Month, Jessica Crowe of TheHappyCouponer.com offers another tip to help you save more money with coupons.
How to save money with multiple coupons
“The average shopper saves $7 a week using grocery coupons. For most people, though, $7 a week just isn't worth the hassle. That's why so many manufacturer's coupons are never redeemed,” says Crowe.
If you think about it, it really is a hassle. Clipping all those tiny pieces of paper. Searching the grocery aisles for that one, specific product. Juggling all those coupons while you shop. Why bother?
“Because,” says Crowe, “when you do it right, you can cut your grocery bill in half – every week. Don't clip just one coupon, clip multiples and learn to shop the sales and stack your coupons.”
What is coupon stacking?
Coupon stacking is using a manufacturer's coupon to purchase a product that's also on sale, or combining a manufacturer's coupon and a store coupon to get a better deal.
For example, you may have a manufacturer's coupon for 50 cents off a box of Cheerios. If Cheerios are at the regular price of $3.18 this week, then you'll get them for $2.68 when you use your coupon. But, if you wait until Cheerios go on sale for $1.99, using your coupon in conjunction with the sale price your final price will be just $1.49.
Why it pays to collect multiple coupons
Staple items that you use day-in and day-out typically go on sale every three or four months. So, let's go back to the Cheerios example. If your family consumes 12 boxes of Cheerios in a three-month period, then it would behoove you to buy all 12 boxes at the low-low price of $1.49, wouldn't it? Do the math. If you paid $1.49 for one box and $3.18 for the other 11, your total cost would be $36.47. If you only paid $1.49 a box, your total cost is only $17.88. That's a huge savings that you'll only see if you collect multiple coupons and stack them with the store's sale price.”
Crowe says it may be difficult in the beginning to justify buying 12 boxes of Cheerios all in one fell swoop but once you realize you'll now have an extra $3.18 to spend for the next 11 weeks it's easy to see the benefits of collecting multiple coupons for all the staples your family uses.
Donna Anderson is a frugal grandmother. She and her frugal daughter, Jessica Crowe, spend just a few hours to save hundreds of dollars off their grocery bill each week. Visit them at TheHappyCouponer.com for weekly coupon match-ups and coupon alerts.
- Never use a coupon unless your product is on sale
- Don't buy something just because you have a coupon
- Know your store's coupon policy
- What to do when your store stops doubling coupons
- 7 tips to save money before you even start clipping coupons
- Can you really save money with a coupon clipping service?
- Coupon etiquette: Mind your manners while you save
- The low-down on double and triple coupons
- National Coupon Month: Fun facts and actual statistics