We are turning our focus on saving money, and every week we are going to tackle a new way to save on things you're already spending money on. By taking action and doing some of the stuff we're talking about here in this series, you can build your first emergency fund and pay down tons of debt.
The next tip I'm sharing is how you can save money by using coupons! This one is a no brainer, and all it takes is a little time and effort, and you'll be raking in the savings.
Check this out—Chris Hogan recently wrote a book titled Everyday Millionaires. In this book they surveyed 10,000 millionaires and guess what? 93% of these millionaires still use coupons to save money. Maybe there is something to this coupon stuff.
For the record, we are not huge couponers. Meaning we don't go out of our way to aggressively coupon. But we do scan the store ads, and we do look for coupons for items that we regularly use, and just by doing that, we save a good amount of money throughout the year, and you can too!
Here are just some quick tips and steps to help you get started.
It's only a deal if you use it and need it. A good meal plan made around what's on sale, along with what coupons you find can easily save you tons of cash! Also, there are great coupon sites that can help you save time, one being The Krazy Coupon Lady, which is an excellent resource for beginners that helps you match up store sales with coupons, allowing you to save even more.
Some of the best and easiest places to find coupons are in your local store flyer, which will typically be found in your mailbox. You can get the motherlode of coupons in your weekly Sunday newspaper. Being that we are in a digital age, you can find coupons on websites, and they even have coupon and rebate apps like Ibotta and Checkout 51. And if you want more ideas, there are plenty more listed in this article. By combining and using many of these sources, you can rack up the savings pretty quickly.
Couponing can be overwhelming, especially in the days of extreme couponing. You don't have to be an extreme couponer to start seeing the savings. I would suggest you pick a few of the stores that you shop at regularly, get comfortable with their sales, and start matching up coupons during those sales, and take it slow and build from there. Remember, we're not looking to be the next extreme couponer. We're looking for some easy and efficient ways to save a little more cash.
Remember, when building that first emergency fund and paying off debt, every dollar matters. With just a few simple changes and spending a little time, you can save yourself tons of money—freeing up cash to save your first emergency fund, pay down your debts, or even saving for your future! Go ahead and get started, and I can't wait to hear how much you save!
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