Perfectly Imperfect Family and Finances

A couples thoughts on faith, family, and finances

Are Coupons Worth the Time?

Posted By on January 14, 2009

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coupon

First of all I would like to say that we are coupon users through and through.  Using coupons is just one of the ways that we save on groceries.  This past week was kind of slim on the savings, so we were just wondering how many of you feel that coupons are a waste of time?

Our process usually goes something like this:

  1. We get our Sunday paper early Sunday morning before church (if we wait until after they are usually all gone). Time-10min.
  2. We check our usual websites and company web pages for weekly sales that are going on in our area. Time-45 min.
  3. Next, we check the coupons that are inside the paper to see if any match products that are currently on sale. Time-30 min.
  4. Lastly, we clip the ones we are going to use this week and file the rest for later storage. Time-5 min.

That is equal to one and a half hours of work.  Lets say that in your freelance business, or personal work that you average ten dollars per hour, you have just “spent” $15.  Factor in the cost of the newspaper and now you are at $17.

The question in play here is this-Can you save $17 by using the coupons for that week, and if so, is it worth it?  If by using coupons we save around $25, then we are only at “net” gain of $8.  With that figure we could easily make the money by writing a blog post, taking a few surveys, or many of our other endeavors within an hour and a half.

As for us, it is worth it.  We get some really good deals more often than not.  Also, this is a family gathering, so while all of this is going on (including the shopping) we are enjoying time together as a family.

If I were strictly looking at it as a way to save money and get ahead of the game, I am not sure I would continue doing it.  Most coupons are for brand name items.  We have a few things that we only use brand name products, but for the most part their generic or store brand counterparts are just as good (in a few cases better) and are cheaper even if you use a coupon on the brand name.

That is just a couple of our views on coupon use-what are your thoughts?  Do you have a system that really allows you to save tremendous amounts?

Thanks for reading and have a great day!

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One Response to “Are Coupons Worth the Time?”

  1. Studenomics says:

    The way I see coupons is that by using them you put more money into your pocket and less goes to the company. anytime I am left with more money in my pocket I am happy. Sometimes you may have to search online for coupons but that’s just part of the process. It forces creativity and it’s a better way to spend time than watching tv.

    Studenomicss last blog post..The Biggest Lies About Entrepreneurship

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