Thursday, January 25, 2007

Punny Money’s Grand Coupon Experiment, Finale

Author: Nick
Category: Money
Topics: , ,

time to retire the scissors

It’s been a while since I’ve reported on our progress using coupons to save us money on groceries, and there’s a good reason for that. Okay, maybe not a good reason as much as a really bad one: we gave up on coupons.

The reasons I gave earlier for why I suspected coupons would not work for us are still valid. Clipping coupons took too much time and just isn’t suited to our two-person, generic-loving, produce-munching shopping lifestyle.

I tried my best. I really did. I bought newspapers every week, sometimes even if it meant a trip to the store on a day we didn’t need groceries. I poured over them, desperately trying to find coupons for items we use. At some points I was tempted to clip coupons for chips or TV dinners or other things we don’t typically eat, but this would’ve translated to spending more money than normal to save a little.

Several weeks went by where I clipped fewer than two coupons from the Sunday paper–not even enough to cover the cost of the paper, let alone the time I spent doing the clipping. That’s when I decided to call it quits and throw in the scissors.

I hesitate to call this experiment a failure because it simply proved the hypothesis I had going into it that coupons aren’t for everyone. And while I respect those for whom coupons are a saving grace on shopping days, I also encourage everybody to closely examine their grocery spending and make sure they aren’t just buying products because they have coupons for them. If you are, then you’re simply spending in order to “save.”

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