Wednesday, July 22, 2009

Getting Started

At first this might seem all a little overwhelming and confusing, but I can promise you that if you give it a try it will come in no time. With that said, if saving money is not something that brings you joy, this is not for you. It will take some time and planning on your part to do this, so only do it if you are committed and saving makes you happy.

The first thing to do is start saving the Sunday coupons that come with your paper. Mark the date you received the insert on the front. There are three types of inserts you will be collecting. The first is Red Plum (RP), the second is Smart Source (SS), and the last is Proctor & Gamble (PG). Not all inserts will be each paper each week and there are even weeks where there are no inserts. Ideally you will need one set of coupons for each member of your household. This ensures you are getting enough product to meet your families needs.

It takes a little bit of time to build up your coupons, so your initial savings will not be as high as in a month or two. By pairing coupons you have with items that are on sale you ensure maximum savings. For example if you had a $1 off coupon for Kraft Macaroni & Cheese but the price was $2.99 but the generic brand cost $1.50, it would be most cost efficient to buy the generic brand. However, if the local grocery store has marked down Kraft Macaroni & Cheese to $1.50 and you use your $1 off coupon, your cost will end up being $.50! Now, if you are receiving 4 copies of the inserts (because you have a family of four) that means you can buy 4 boxes for a total of $2.

This method will help you to build up your food storage and feed your family for less! Also, there are tons of coupons available online. You only need to print the coupons you are actually going to use. This saves the cost of ink and the time spent cutting out coupons you are never going to use. There are also coupons on boxes of items you purchase, fliers that come in the mail, on grocery aisles and much more. Keep an eye out and you will be amazed how often you will see them.

Now that you have the basics of getting started, check back here often to see where your dollar will get the most bang. Keep collecting those coupons and see how your grocery bill can dwindle.

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