July 7, 2023 | Eul Basa

Extreme Couponing: Is It Worth It?


Extreme couponing is a shopping strategy that involves collecting and using a large number of coupons to save money on purchases. This approach has gained popularity in recent years, especially among those who are looking for ways to stretch their household budgets. While some people dismiss extreme couponing as a time-consuming and unsustainable hobby, others swear by it as a way to cut down on expenses.

The practice of couponing is not new. For decades, people have clipped coupons from newspapers and magazines to get discounts on groceries, household items, and other products. However, extreme couponing takes this concept to the next level. Hardcore couponers spend hours each week scouring the internet, clipping coupons from multiple sources, and organizing their purchases to maximize savings.

One of the biggest appeals of extreme couponing is the potential for significant cost savings. By matching coupons with sales and promotions, it is possible to get products for pennies on the dollar or even for free. In some cases, couponers can even make money by using coupons to purchase items that are on sale or offer cashback rebates. For those who are willing to put in the time and effort, the savings can be substantial.

Another benefit of extreme couponing is that it can be a fun and rewarding hobby. Some couponers enjoy the challenge of finding the best deals and competing with other shoppers to get the most savings. Others find satisfaction in the sense of accomplishment that comes with using coupons to reduce their grocery bills. For many people, extreme couponing is a way to take control of their finances and feel empowered by their ability to save money.

However, there are also some downsides to extreme couponing. For one, it can be incredibly time-consuming. Couponers must devote significant amounts of time to researching deals, clipping coupons, and planning their shopping trips. This can be difficult for those who have busy schedules or other commitments. Additionally, extreme couponing can sometimes lead to hoarding behavior, as couponers stockpile products they don't need just because they can get them for cheap or free.

In conclusion, extreme couponing can be a viable strategy for those looking to save money on their grocery bills and other household expenses. While it requires a significant investment of time and effort, the potential cost savings can be substantial. However, it is important to approach extreme couponing with a balanced perspective and avoid falling into the trap of hoarding or overspending. With careful planning and discipline, it is possible to make extreme couponing work for you.


READ MORE

Things Your Boss Should Never Ask You

15 Things Your Boss Should Never Ask You

Explore the 15 boundaries every employee should know when it comes to what your boss can and can't ask you. From personal matters to legal lines, empower yourself with knowledge on workplace rights and professional conduct.
May 1, 2024 Peter Kinney
Things Baby Boomers Shouldn’t Waste Money On

16 Things Baby Boomers Shouldn’t Waste Money On

Discover the top 16 expenses baby boomers should avoid for a secure financial future. From unnecessary gadgets to overspending on luxury items, learn how to prioritize your spending wisely and make the most of your hard-earned money.
May 1, 2024 Sammy Tran

Understanding Mortgage Prepayments

Explore your options when it comes to paying off your mortgage early. Find out the pros and cons to paying your balance early, what other investments could benefit, how tax rates and interest rates play a part, and if prepayment is the best choice for you.
April 26, 2024 Allison Robertson
Happy multicultural office young employees with old mentor leader coach laughing working together gather in boardroom, diverse corporate business team having fun engaged in teamwork at group meeting

Changing Your Career Late In Life—It’s Never Too Late

Whether they’ve been laid off or are simply unhappy in their jobs, they might wonder if they really want to stay on the path they’ve laid out for themselves—or if it’s possible to make a change after 30, 40, or 50.
April 25, 2024 Sammy Tran

14 CDs Worth Thousands Today

Uncover 14 CDs worth thousands of dollars today, plus one bonus album worth millions. From Taylor Swift and Eminem to Prince and the Rolling Stones, find out why these CDs are so valuable and how much they are selling for today.
April 22, 2024 Allison Robertson

Budgeting for Beginners

Learn how to start a budget from scratch, including programs to use, typical expenses to track, how to organize categories, and examples of everything. From fixed and variable expenses to how often to update things, this article will make starting a budget much less overwhelming.
April 15, 2024 Allison Robertson



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team