Ten ways to save money

You’ve likely seen a TV program or heard a radio segment about a particularly frugal shopper who has planned how to save money grocery shopping so well that he or she pays virtually nothing each month for food. Perhaps the person shared their particular extreme coupon tips and tricks. While you may not see the same exact results, here are three couponing tips for beginners that may prove helpful.

Save the Weekly Grocery Coupons

Though your tendency may be to throw out the weekly ads once you’ve finished reading the newspaper or other publication, it makes more sense to save them. That way, you can go through them later to see if any of them apply to the items you purchase on a regular basis. Because most of these coupons pertain to food and household products, it’s likely you’ll be able to use most of them. And with only roughly 10% of the 1.35 billion coupons released in America being used in 2012, there are countless weekly coupon deals that are being underutilized.

Keep your Coupons Well Organized

If you don’t manage your coupons well, you’re likely to find that many of them will have expired before you get a chance to use them. In order to prevent this from happening, it’s wise to organize the coupons by type and expiration date. In 2012, the typical coupon remained good for 9.3 weeks. And because the typical food coupon offered savings of $1.06, making sure you use all your coupons can add up to significant savings over an extended period of weeks.

Take Advantage of Digital Coupons on Your Smartphone

With all of the advances in modern technology, there is no need to rely solely on print coupons these days. You can now access many deals online, which can be redeemed at the site of purchase using your smartphone. You can keep track of some of these deals by following companies you like via social media networks such as Twitter and Facebook. And while a survey found that 78% of customers would choose to have coupons count toward the products they bought automatically, using coupons on your phone is close to that when it comes to convenience. Among people who have mobile phones, about 39% of them get and redeem coupons on their devices.

If you have additional questions, comments, or even extreme coupon tips of your own, don’t hesitate to share them in the forum below.

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