Wednesday, January 27, 2010

DO I REALLY SAVE?

So, for those of you who know me, you'll know that I regularly coupon. Yes, couponing takes a bit of time and there is a learning curve. Many of you have asked me if I really do save money by couponing.

This month (January 2010), I set aside $280 for groceries, toiletries, and couponing. I did this in cash in an envelope so that I couldn't over spend. I did have a little bit on a gift card though, so that helped a bit this month. I spent a total of $291.32 BUT I saved $90.35 in coupons alone (that doesn't include automatic savings or sale price savings.) I also had the gift card, so I did keep my actually spending below my budgeted amount. I kept all of my receipts and made a quick spreadsheet to track totals.

Here is my latest example (ignore the crappy picture of my store room):


I bought this today at Smiths for $5.56 (that includes my tax!) I saved $14.05 in coupons, and then there was an automatic $5 that was taken off at the register. 4 boxes of Toaster Studels, 3 boxes of Electarsol tabs, 2 cans of Hormel chili, and 1 box of Post Raisin Bran.

So, many may argue if it is worth it? Yes, it does take time. Yes, sometimes I make an extra trip to the store on occasion. And yes, the coupon policies are forever changing. But my answer is "YES!" It is worth it for me and my family. What deals have you scored lately?

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