ICFE eNEWS #11-19 - April 14th 2011
April is Financial Literacy Month
The Learning Channel's EXTREME COUPONING Show
The Learning Channel's (TLC) latest "Extreme Couponing" latest season is
underway. Are you a coupon user? Would you like to increase the amount
of money you are saving by using coupons? Below is a review of some of
the basic tricks these coupon pros use. Read on for six ways you can
begin to save like an extreme couponer.
- 1. Start Small
- Don't try to go extreme all at once. Take it step by step, rather
than show up at a checkout with 50 coupons and little idea what you're
- 2. Never Pay For Coupons
- There are some things in this life you just shouldn't pay for, and a
coupon is one of them. Paying someone to clip or organize your coupons
defeats the purpose of living frugally. Instead, surf Sunday newspaper
ad supplements for coupon savings; ask your neighbors for their unwanted
papers; or dive inside a recycled dumpster or two. Also, free online
coupon sites like CouponSherpa.com give consumers access to a multitude
of coupon codes and printable
coupons for thousands of merchants.
- 3. Get Organized
- A little organization can go a long way. Always create a shopping
list and have your coupons and shopping strategy organized before you
even enter the store. Use an expandable
coupon binder to sort coupon
inserts by date, categories and expiration dates. Transfer to a small
couponizer only those you'll need for a specific shopping trip.
- 4. Location, Location, Location
- Where you shop is a key factor in making the best use of your time
and coupons. Only shop at locations that allow coupon
stacking and combining coupons with in-store offers. Don't be afraid to call and ask
about policies before you show up. You don't want to wind up embarrassed
at the checkout line with a handful of useless coupons.
- 5. Loyalty Rewards
- Always take advantage of club membership rewards. These programs are
usually free and have many savings perks, like rewards points, cash back
programs, and double points for every certain amount you spend.
- 6. Don't Be Greedy
- This is often where extreme couponers cross over into the world of
hoarding. Only shop for items you actually need, products you can stock
up on that aren't perishable, and those you can donate. Remember, a
bargain is only a bargain if you can actually use the purchase. If your
pantry has expanded into your living room and the kids are sleeping on
rolls of toilet paper, you've probably reached hoarder status.
Check your local listings for TLC - Extreme Couponing for the air times
and dates in your area.
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President - Executive Director
Institute of Consumer Financial Education (ICFE)
ICFE - Institute of Consumer Financial Education -