For a long time, coupons where just literally pages that came in the mail or attached to certain products that you bought. For some folks, these coupons were not exactly useful. The problem in the pre-internet era was that tracking down coupons for products that you used was pretty hard. In this day and age, however, things have changed drastically. There are many online sites that allow you to track down coupons on all sorts of products, from things you use in your daily life, like shaving cream and shampoo, to tickets to your favorite sporting event.
Are Physical Coupons A Thing Of The Past?
Speaking of coupons that came in the mail, some of you may still get these. Yet, as mentioned, coupons for online shopping have really taken off in the last decade or so. It is not that physical coupons are a thing of the past. There are actually sites all over the web that are specifically dedicated to providing you with printable coupons. All you have to do is download the image and present it to the shop when you decide to buy. Actually, there are still coupon magazines out there and some people may still be getting their coupons in the mail.
Can You Really Save Big Money With Coupons?
This is something that pretty much everyone wants to know. Is it possible to save a considerable amount of money using coupons on a long-term basis?
Coupon codes are a very effective way to save real money on all sorts of products. If done correctly, you will be able to significantly cut your costs down. The one thing that you have to remember, though, is that it can be a long and grueling process. That is one of the main reasons why people are not really seeing a tangible benefit from using coupons. But contrary to popular belief, there are several scenarios wherein you can save money using coupons. Let’s take a look at some of them:
Save on Bulk Purchases
This is one of the best ways that you are going to be able to actively save money. The general premise behind bulk purchases is that you are going to get a discount price per unit if you buy a lot of units at once. Of course, one of the major problems with this form of purchasing is that there are going to be certain products that you may not be able to buy a lot of at one time as they will go to waste if not consumed prior to a specific date.
But if you’re buying products that can be stored for a long time or have no expiration dates, bulk buying is the way to go. Using coupon codes while buying in bulk can save you money as you can get twice the discount.
You Get More While Spending The Same
Quick question: How many items are on your weekly grocery shopping list? Would you say that there are 20, 30, 40 items? If you could get a 5% discount on 10 of those items through coupon codes, you could start seeing the actual difference in your savings—and this is just referring to your groceries.
If you start looking for coupons on the clothes that you buy online or different types of things that you are going to need for your daily life, that 5% starts to pile up. Ideally, the money that you save could be invested in other areas. When it is all set and done, you are going to be able to purchase more products for the same amount of money. Those 5% discounts have a knack for piling up when they are used effectively.
Stacking Coupons Can Be Just As Good As Saving Money
Coupons can literally equal dollars saved. One of the main mistakes that people make is that they will throw away a coupon if they don’t have a particular use for it at a particular time. You really never know, though, if and when a coupon could come in handy. That is why keeping a personal stash of coupons is not a bad idea. There are even people who will be willing to trade coupons down the line. Even if you don’t think that you are going to need the product that you have a coupon for, someone else might, and could offer you something valuable in return. Of course, keeping a close eye on the expiration date on the coupons that you stack up is a must.
Coupons Are A Widely Accepted Form of Payment
This is something that we’ve brushed upon earlier. With the birth of digital coupons at the turn of the century, grocery stores are not the only places where you can redeem coupon codes to lower the price of certain products. As mentioned previously, sites that sell tickets to sporting events or concerts like StubHub regularly offer coupons. Travel sites, ride-sharing, and food delivery companies will offer discounts. The list can go on and on. Therefore, it is safe to say that the use of coupons can actively let people save a considerable amount in virtually all aspects of their lives.
They Are Mostly Free
The most obvious way that coupons are saving you money is that you are getting them for free and are able to redeem them to cut the cost of an item. Companies lower their prices for those who use coupons as their way to cut down their own costs. Sure, there are certain coupons that are for members only or those that require a subscription. But if you sign up for their mailing list or become a member, you can surely save a few bucks with those coupons.
While coupons can save you a lot of money, always exercise caution. Some travel agencies or hotels will ask you to sign up for a reward program to be able to obtain a discount. There may be plenty of benefits to be had from these programs, but as a general warning, be sure to read the fine print before you sign anything. The last thing that you would want is to be stuck in something that is actually costing you money for a discount that you end up paying back to the company in full.
Keep your eyes open at all times. While there are certainly scams out there, especially in the online world, it is possible to save big on a wide variety of objects and even experiences using discount coupons!