5 Common Couponing Mistakes
Shopping using coupons is a great way of saving money. However, many people use coupons in the wrong way and thus end up spending more or getting disappointed. Here are 5 common couponing mistakes made; try to avoid these!
1. Purchasing something just because you have a coupon
This is the number one mistake people make when it comes to using coupons. When you buy an item you don’t really need just because you have a coupon for it, you will end up spending more rather than saving. Take time to think carefully before spending your money.
2. Having unrealistic expectations
Cutting down on your budget using coupons should be a gradual process. You could start by calculating your weekly budget and then finding how you can lower your expenditure on a daily basis. However, many new couponers make the mistake of setting unrealistic budgets. If someone expects to instantly cut their weekly budget from $500 to $100, they might end up getting disappointed.
3. Shopping without a list
Many people make the mistake of going to shop without a list, and end up spending more than they had intended. It is very important to write down the specific items you want to buy. Only carry coupons for the items in your list. This will enable you to avoid the temptation to buy anything on impulse.
4. Not knowing store coupon policies
Before you go out shopping using coupons, you need to get familiar with store coupon policies. Some people proceed to the cash register, only to find out that they cannot use the coupons. This can turn out to be a very embarrassing and frustrating situation. To save yourself the trouble, take time to do your homework. Does the store allow multiple of the same coupon per transaction? Is stacking of coupons acceptable? Being able to answer such questions will make your shopping experience more pleasant.
5. Using debit or credit cards rather than cash
When you shop using your debit or credit card, it is very easy to exceed the budget. It is therefore more advisable to use cash for your payments. Carrying a specific amount of cash will keep you disciplined and enhance your chances of staying within the budget.
Charles Mburugu is a professional blogger who writes about social media and ecommerce. He recommends H&R Block coupons to help online shoppers save money.