Is Extreme Couponing Really Worth It?

Does couponing really save you money?

Using coupons seems like an old-fashioned, time-consuming way to save a few cents on the products you buy at the grocery store.

After all, most coupons don’t usually have a face value of more than $1 and, quite often, they’re worth far less.

But done properly, couponing can save you thousands of dollars every year..

Is extreme couponing illegal?

Most stores accept coupons because they want your business, but they are not legally obligated to do so, according to the Coupon Information Corp. Stores that have taken a hit from coupon fraud or even overzealous coupon stacking may refuse to accept any or all coupons at their discretion.

What stores allow extreme couponing?

Top 9 Stores with the Best Couponing PoliciesWalmart. Best thing about couponing at Walmart: They allow for coupon overages. … Target. Best thing about couponing at Target: Overall coupon deals. … Kroger. Best thing about couponing at Kroger: Being able to use manufacturer coupons during Kroger Grocery Pickup. … CVS. … Publix. … Winn-Dixie. … Dollar Tree. … Walgreens.More items…•

What happens to coupons after they are used?

Once a manufacturer learns what they owe each store, they cut a check — either to the regional office or to the individual store, depending on how the coupons were sent. This whole redemption process generally takes one to two months.

Are stockpile sales illegal?

Selling stockpile is NOT illegal to do however, there are certain laws, statutes and regulations by the city, county and state that may control this, as well as stipulations by the manufacturer companies.

What is the trick to couponing?

Get Multiple Copies of Coupons You can use a coupon for each item purchased. If you purchase two boxes, you can use two cereal coupons. Extreme couponers often buy four or more newspapers every Sunday, just for the inserts. Other couponers order the inserts directly, bypassing the newspapers altogether.

What do extreme couponers do with all the stuff?

Couponers are passing their savings onto you with stockpile sales. They buy the diapers or shampoo at a discount with coupons. Then, they sell their surplus to you less than the retail store sells the product. The couponer then makes a profit, and you save money.

How can I get coupons for free?

6 Free Sources of Manufacturer Coupons You Can Find OnlineCoupons.com. This website is perhaps the largest source of manufacturer coupons. … RedPlum.com. This site offers manufacturer coupons that can be printed or saved to a grocery-store loyalty card.SmartSource.com. … Manufacturer websites. … Retailer websites. … Retailer apps.

Do stores lose money from extreme couponing?

You’ll be happy to know that your store doesn’t lose a dime when you use coupons. In fact, they make more money when you use coupons to save. … Not only does the store get back the coupon’s entire worth, it also will receive from the product manufacturer a payment of 8 cents per coupon redeemed.

Is extreme couponing an addiction?

It can easily become an addiction for some. Like any addiction, compulsive couponing can destroy a family’s finances. Yes, you’re saving money with the coupons themselves, but you might also be spending money that you don’t have.

How should a beginner start couponing in 2020?

How Do I Begin Couponing?Begin with one store. Ease into couponing with one store. … Find your coupons. Knowing where to find coupons is actually the easiest part of this whole thing. … Get Organized. … Create your NEEDS list. … Go shopping!

How do extreme couponers get so many coupons?

Extreme couponers get their coupons from a number of different sources, from coupon apps like these to websites, newspaper inserts, stores and many other places. While they do get those high value coupons, they also get regular coupons.

Do coupons make you spend more?

Business Insider spoke with marketing experts and found that coupons trick you into spending more money than you save. When using a coupon, most people feel so excited that they buy too much, buy items they don’t need, and spend over their budget.

Where do extreme couponers get their coupons?

8 Secret Ways Extreme Couponers Find Store CouponsDownload store apps to access digital coupons. … Give your address out to all the stores to get coupons in the mail. … Check a store’s weekly ad flier before you recycle it. … Dumpster dive to find store coupons at recycling centers. … Tap “follow” on social media — Facebook, Twitter and Instagram.More items…•

Is selling your coupon stockpile illegal?

The short answer is yes. In May 2017, Chief Justice John G. Roberts Jr. of the Supreme Court wrote that “The purchaser and all subsequent owners are free to use or resell the product just like any other item of personal property, without fear of an infringement lawsuit.”