Ever feel as though you are spending more money while using coupons–just to get that sweet deal? One Example: A local Supermarket was offering a $10 Catalina when you purchased $75 in groceries. Great deal right? Especially with coupons! As I’m working on my list for that week–I noticed that I was going to need at least $25 more dollars (before coupons) just to reach the $75 mark.
This week wasn’t a total great shopping week–prices were higher and there wasn’t anything too exciting going on. So I was making myself find things to reach my $25 mark. I thought about stocking up on meat, maybe produce—but soon came to the realization that I was being sucked in to that very thing that the grocery store wanted me to do. BUY.
So in my case, I was just trying to reach my mark but in the end realized we didn’t NEED any of the items that I was thinking about purchasing, which would result in my spending way too much and actually going over my monthly food budget.
Overspending. While using coupons it is very possible to do. In the early stages of couponing, I found myself so infatuated with every single deal–that I felt like I needed to do them all. One thing to consider..is that here in Southern California–we pay a higher sales tax than most states. SO if you don’t need it and even though it is free–just remember that it might not be FREE after tax.
When you may feel you are overspending:
♦ while building your Stockpile. While you are trying to stock up on that rock bottom price , you may indeed feel that you are spending too much. Paying $20 for 20 tubes of toothpaste may just seem like a lot at once–but you will probably not need to purchase toothpaste for the next year!
In my eyes, if you pay $20 for an entire year’s worth of toothpaste for your family–this is ok because you will not be going back to the store and paying $3+.
♦ as a newbie, you will feel as though you need to score every deal–in fear that it will never come around again.
Deals do come around again. So don’t feel like you need to score every one. This will lead to overspending on items that you may not need at that moment. If you find your supply getting low–don’t panic. Make it last and wait for the next one which usually comes by every 6 weeks.
Helpful tips to keep you from overspending:
- Set a Stockpile Budget (I put aside $8 per week to stock up on cheap items)
- Set a weekly grocery budget–and stick to it!
- Don’t shop without a list
Anyone have tips that helped them from overspending?