When I first began telling people about couponing, I wanted to share it with everyone. When I began telling people about using coupons, many people told me that they didn’t have time to use coupons. I was unable to understand how someone could not have enough time to save money so I decided to break it down. Couponing does take time, but you have to decide if the time given to it is worth the pay off. Just like any other activity we are involved in, we have to figure out if it benefits us to spend our time on couponing.
When I first began couponing, it was because my income dropped, I had lost a great paying job. I knew that I still had to be able to provide for my family. This meant more than just putting food on the table. You see, that is what most people think about when they think about using coupons. I was thinking about things such as shampoo, laundry soap, cleaning supplies, even clothes. I was looking at the big picture, because I knew the chances of getting the kinds of foods that we eat with coupons was slim but I also knew we would still need the household supplies we used every day.
I began getting four newspapers per week and printing off those very special coupon online that I knew would help us stock up on what we needed until the coupons cycled around again. I was spending one hour per day clipping and organizing coupons. It almost became an obsession. Then I spent about an hour per week looking up matchups. I ended up spending about 8 hours per week on coupons. When I would go to the store, I was saving between 60 and 70 percent on everything I bought. You see, I did find that there were coupons for the foods we would eat.
In an average month I normally spent about 500 dollars on groceries. With coupons, I found that I was spending about 200 per month. I also normally spent about 150 dollars per month on household supplies such as toilet paper, laundry soap, and cleaning supplies. With coupons, I cut this down to around 50 dollars.
Now to determine if the payoff was worth the time spent on the task. The way I did this was to take all the money I saved and divide it by the number of hours I put into couponing, this told me what my hourly pay would be. I took 400 dollars divided by 32 hours and found that I was saving $12.50 per hour that I put into couponing. To me this was a great pay off. What other task do I do that saves me so much money? So if you want to know if you have the time to use coupons you should look at it as in how much money you are saving per hour. Not how many hours it takes to coupon. Once you realize how much money your one hour a day is worth, I bet you have time for couponing too.