7 Coupon Myths!

Couponing is a simple and lets be honest, an amazing concept. But these common myths can keep people from saving big. Don’t let these myths keep you or your friends from scoring a deal.


MYTH #1: Coupons don’t save that much money.

You may not save hundreds on one trip to the store, but saving a few bucks here and there adds up over time. A recent release from Savings.com and Valpak found that couponing can save as much as $10,000 annually. 

MYTH #2: Only moms use coupons.

Though the average coupon user tends to be a 25-44 year-old female with younger children, they are not the only ones who save. A 2012 NCH survey found that 92% of 18-22 year olds use and 88% of males use coupons.  

MYTH #3: You save more money at a warehouse than with coupons.

Warehouse Stores are great for buying and saving in bulk, but what if you don’t have room to store 50 rolls of toilet paper? Also, it may not save as much as you think. A 20-pack of toilet paper at Costco breaks down to about 96¢ per roll. But a 6-pack at Walmart combined with a typical 50¢-off coupon ends up being 91¢ per roll, saving you money and space at home. 

MYTH #4: You can only find coupons for food.

While grocery stores and restaurants are most likely to dish out deals, you can still save on apparel, accessories and more. Use a site like RetailMeNot to download deals on your need-to-have items. 

MYTH #5: Coupons expire too fast.

In 2012, the average expiration date was over 2 months after distribution. That’s plenty of time to stock up and save. If, however, you forget to use them before the highlighted date, donate them to the Support Our Troops Troopons(R) Program, which sends coupons to overseas military families. Since overseas military bases accept expired coupons, the savings still go to use. 

MYTH #6: Using coupons means the store loses money.

In reality, stores make money when you use a coupon. In addition to reimbursing the grocer for the coupon amount, manufactures pay an $0.08 handling fee per coupon. 

MYTH #7: People hate couponers.

While no one likes the woman (or man) who takes too long at the register, following a few rules could save yourself from the evil stares before check out (or better yet, before you leave the house), organize your coupons. If you have a lot of coupons, tell the cashier as well as the other customers so they can find a quicker line. They will be happy that you saved them time, and you’ll be happy that you saved some money!

~ See more at ALLYOU!