5 Money Saving Lessons Learned from Extreme Couponing

…and the #SMCmoneytribe member of the week is… TRACI!

Happy Friday SMC readers! SMC reader, Traci from Flor inspired today’s post. I was checking out some older posts about how to get the most out of coupons, when she commented yesterday on a few lessons she has learned from watching TLC’s Extreme Couponing this past season. I thought they were great tips and I wanted to share them where everyone can benefit.

5 Killer Lessons Learned from “Extreme Couponing”…

The average person will not need to go to the “Extreme”. However, I did learn a few lessons and the series opened my eyes to a different approach to shopping.

  1. Purchasing items when they are on sale as opposed to when you need them. If you are a woman, you will need tampons. Purchase them when they are BOGO and combine with your coupons just makes cents. You may have six boxes under your sink but it is [almost] not doubt they will get used.

2. Coordinate your coupons with store promotions. Most stores do this regularly. Purchase two Sunday Papers (The First Sunday of the month has the most and best coupons). The double coupons are well worth the $3 price and there may be an interesting article in the paper.

3. The retailer with the lowest initial price may not have the best deal. If Walmart has BBQ Sauce for $2.98 ea and Winn Dixie has the same sauce $3.59 at Buy One get One Free. Winn Dixie has the best deal. You have saved $2.37 on WD BOGO vs. purchasing two at $2.98 from Wally-World.

4. You can use double coupons on BOGO items. You have technically purchased two items. If you have two coupons each for $1.00 off the BBQ Sauce, you can use both coupons. Therefore, you actually pay $1.59 for two bottles of BBQ Sauce.

5. I hadn’t really shopped at Winn Dixie in a while, just the occasional in and out run. However, with their Fuel Perks promotions and BOGO, they will more than likely be my grocery retailer of choice. My coworker recently saved $1.10/gallon on gas. Now you do have to use these Fuel Perks at specific gas stations but at $1.10 in savings, you still won’t be able to find a better deal.

It is a new way of approaching shopping. I don’t have a stockpile but I do see the logic in saving on what you can so that when you need to purchase fresh produce at regular cost you still have the savings.



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Rollback at the Pump: How to Save More Money on Gas

Good Morning SMC Readers!!!! Today is Hump Day and the first day since this past weekend that I have been able to get myself together. On Saturday alone, I started Operation Wedding (again), attended the baby shower of a great friend from high school, and ended the evening at a post-wedding event hosted by my sister and her hubby. The next day was spent starting a new book, The Help by Kathryn Sockett and patiently awaiting the arrival of the cutest fat baby I have ever seen, although I didn’t witness the birth as mentioned on my bucket list. With all of that said, I am ready to get back to financial business.

In the midst of all of my running around, I did notice that the price of gas has gone down. Even yesterday, I witnessed people lined up at the pumps as if that was their last opportunity at fueling their cars and then this morning I found out the great news explaining why at some local pumps gas prices are significantly lower. Ready for it??? Walmart is “rolling back” at the pump. In a reply to customer’s concerns about the increasing price of gas being one of their highest budget busters, Walmart explains in today’s press release, that the “90-day Rollback at the pump [will] give customers a savings of 10 cents a gallon on all fuel, gas and diesel, at participating Murphy USA and Walmart gas stations”. What’s the catch? The discount applies to gas purchases made when using a reloadable Walmart gift card, reloadable Walmart MoneyCard® or Walmart credit card from June 29 through September 30, 2011. Stephen Quinn, Chief Marketing Officer for Walmart revealed, “Our goal is to make it easy for everyone to save and live better, and we think this gas program is leading in the market because it doesn’t require any additional purchase, loyalty card or other restrictions.”

Honestly, I’m all for lowering expenses and 10 cents a gallon can and will make a difference. If you find it hard to believe that 10 cents will make a difference, please allow me to refresh your memory with the “pics at the pump” that readers like you sent in. Simply put, purchasing a reloadable gift card to pay for my gas at a lower rate is worth standing in line for, even though I detest standing in line at Walmart.

States with participating gas stations are:

  • Arkansas
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kentucky
  • Louisiana
  • Michigan • Mississippi
  • Missouri
  • New Mexico
  • North Carolina
  • Ohio
  • South Carolina
  • Tennessee
  • Texas

Click here for a complete list of participating Walmart and Murphy USA locations

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