Five years ago, I was at the heights of extreme couponing. It felt like the deals just fell in my hands and it was such an exciting feeling to get so much for so little. Oh, and my stockpile? It was big and beautiful! However, during the last 6 months of this type of adventure, I slowly swayed away after various reasons:
1) coupon policies from various stores started to change their rules, which became stricter, making it harder to save. Most stores were putting limits on how many you can purchase.
2) TLC's Extreme Couponing shows were getting back lashed for being unethical. Alot of stores were forced to disregard their own coupon policies to be on the show. TLC glorified this behavior by showing the "pretty aspects" of this type of couponing but failed to show the ugly reality of it.
3) At that time, Ebay announced that they will no longer allow insert/coupon sales on the site and Facebook took a good swipe at deleting pages that were selling coupons as well. Selling coupons were being scrutinized and frowned upon.
At this point, it seemed that this particular type of couponing had more risks than benefits. It lost its wholesome and honest value.....literally!
There is a lot of planning, organizing, collaborating and extra money to be spent BEFORE they get behind the wheel to take off to find those deals!
-Search social media sites such as Instagram, Twitter, Facebook and coupon sites to find the deals. It could take hours to do this. Time is money, right? For some extreme couponers, it's a full time job to do this!
-To pull off such deals, you need coupons, excess amounts of coupons. Searching for the right person to trust to take your money first and send your coupons right away can be daunting. Did that person obtained the coupons legally? Nowadays, people are getting charged with theft of coupons. It even happens in this area! Don't pay for stolen merchandise! Another thing, why would you PAY for coupons? Isn't that redundant? You are trying to save money, not spend more to save more.
-Now, in your vehicle ready to go! How long is the drive? How long will you be gone away from your family?How much gas will you use? How long will it take for you to get everything you want? How is this beneficial to get items you don't even use? Is free REALLY free?
Believe it or not, I saved way more money when I stopped extreme couponing. 6 months after I stopped extreme couponing, we planned a Disney trip and 3 months later, we were visiting Mickey Mouse!
With high rates of theft of coupons and counterfeit coupons, the amount of time and money put into extreme couponing, it's not worth it to me anymore. I find more value in finding deals my family benefits from. Now, I spend less than 2 hours a week getting deals and spend about $300 a month on food and household items for a family of three. Anyone can do this! Read below!
The only thing I stockpile on is toilet paper, paper towels; paper products. Others such as laundry detergent, air fresheners, dry pasta, hair care, body care products, I stock up for 3 months in advance. When I get low, I stock up according to how much we use monthly. This prevents products from going bad and losing its effectiveness. I put date of purchase on everything so when I rotate it, the oldest items goes in front.
*Create spending goals each week. You do not need to go to the stores every week! I haven't shopped at CVS for 3 weeks because either I didn't need anything or I didn't see great deals on particular items.
*Reuse leftover foods...make hamburger one night, make chili or lasagna the following night with the hamburger.
*Save on gas! Let's see how long you can go before you fill up again! I have a 2009 vehicle with 73,000 miles on it. I'm not wasting a trip to one store to buy more of what I already have. Plus there is no guarantees that the store will have the products I need. Not a risk I want to take.
So my platform has evolved since; "conscious & realistic" savings.....meaning buy what you and your family need, creating financial goals and save money. Create limitations and be rational about everything you see on sale...."oh, it's free" or "it's such a great deal" should be questioned as "do we use it?" , "do we need it?" Think of how much you would save if you asked yourself those questions! Reality check: You do save money if you don't shop for unnecessary items!
When I donate to the shelters (men, women, animal), food banks and other organizations, I give it to them right away.