Wednesday, July 14, 2010

8 reasons why you shouldn't use coupons

Couponing seems to be a time-tested strategy used by moms everywhere to stretch the household budget. But there are many reasons why using coupons won't necessarily help you come out ahead. Here are eight reasons why the savings generated from coupons aren't always worth the costs of collecting and using them.

IN PICTURES: 5 Money-Saving Shopping Tips

1. You have to buy a newspaper

This doesn't apply to any free coupons you happen to get along with products or in the mail, but once you pay for a newspaper, you've lost money. You then have to make up for that loss by using enough coupons to break even. Then, you have to use even more coupons to come out ahead. And that doesn't even account for the value of the time you spend clipping and organizing them.

Source: http://lifewise.canoe.ca/Living/2010/07/13/14707986.html

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