Channel Button

There are 67 articles on this title. You are reading the article ranked and rated #8 by Helium's members.

Debate_icon

Personal Finance   >

Smart Spending

Are savings from coupons worth the trouble of collecting them?

Results so far:

Yes
70% 495 votes Total: 705 votes
No
30% 210 votes

Coupons seem like a good deal but in the grand scheme of things it is merely a marketing ploy and way more trouble than they are worth. Think about it. The company is giving you a discount. Trust me, it isn't from the kindness of their hearts. They are hoping to get you hooked so that you will buy their product without the coupon.

First you have to find the scissors to clip the coupons. It's hard to tell where those things are. I have cut many a coupon with a knife or the sharp edge of a razor. It seems like an awful lot of effort to save a dime. If you have several coupons this may turn out to be an all day activity. The time it takes to clip those darn things, you could have done something productive.

Most of the time, the coupons are off of a name brand product. If you will go to the store and comparison shop, you will see that the generic brand's price is probably cheaper than the other, even with the coupon. Most generic brands taste like the real thing anyway.

Think about the people at the store where you are using the coupon. They have to scan it, manually punch in numbers, and then file it. Once they file it, they have to count them up, figure what the company owes them and mail the coupons in. Most of the time, it takes awhile to get the reimbursement from the companies and usually the store does not make anything off the coupon, either.

Coupons that are made for certain stores are only worth it if you live next door to the place. Why waste your gas driving out of your way to save a few pennies? With the high price of gas, you are really putting yourself in the hole by trying to save. If you are truly worried about saving, try in store sales. Most grocery stores have sales ever so often. Buy what you need then and don't worry about coupons.

Cigarette coupons are also very popular. These are the biggest pains of all. I have never read more fine print on anything at all. I didn't realize there was so much stipulation on a coupon until I worked at a tobacco outlet. Most of the time you have to buy the brand specified on the coupon. This can be a problem for the retailer if they do not realize it at the time, because then they get nothing for the coupon. The customer can also be forced into a product that they don't like.

You still have to pay taxes on the coupon. Not to mention, the company that publishes the coupons takes that into consideration when they decide the suggested retail price of something. They aren't going to give you a fifty-cent coupon off a fifty-nine cent product. They are going to make money one way or another.

I think that people should make their own decision about coupon clipping, but in my house it is pointless. There are many other ways to save money and I opt for using those ways. Plain and simple, I don't think coupons are worth anything in the long run.

Learn more about this author, Laura Leigh Fields.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

Are savings from coupons worth the trouble of collecting them?

No
  • 1 of 22

    by Michael Greaney

    Every so often a "woman's magazine" (that frequently have more interesting and better-written articles than "men's ma...read more

  • 2 of 22

    by Patrick Sills

    We've all found ourselves in this situation at one time or another. You take a trip to the supermarket. After spendin...read more

Yes
  • 1 of 45

    by Steve Weathington

    To clip or not to clip, that is the question! My vote would be yes, but the value of coupon clipping could be subject...read more

  • 2 of 45

    by Lisa Web

    Savings from coupons are well worth the time to clip and organize them. Honestly, I can clip a coupon in a matter of...read more

Add your voice

Know something about Are savings from coupons worth the trouble of collecting them??
We want to hear your view. Write_penWrite now!

Difference of opinion? Debate now.
Smart Spending
Is it better to do your holiday shopping in stores or online?
What do you think?
We want to know.
  • Write now.
  • Voice your opinion.
  • Reach millions.
Join Helium Today

Already a member? Log in.

105799

Featured Partner

AmericaSpeaks

AmericaSpeaks connects citizens with decision makers to discuss the most critical policy issues of today. Using i...more

What is Helium? | User Guide | Community | Link to Helium | Privacy | User agreement | DMCA

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA