Is it possible to coupon your way to financial freedom? As it turns, it is possible, and all it takes is to stop spending your hard-earned money and go ‘free shopping’ instead.
Here are some golden tips from CouponCause on how you can have more money as a budding couponer.
Couponing goes beyond just saving an extra buck on shopping. You will start to notice yourself gain more control of your finances by tracking your money better. Your knowledge of money will increase and finally that dream to start traveling will finally start materializing.
But all this will only be possible if you start couponing today. Unfortunately, despite the financial gains couponing promises, many of us are still not taking advantage of it and there are reasons why.
Why we do not coupon as often
A lot of people shy away from couponing because they find it boring. Imagine spending an entire weekend cutting through pieces of paper or hunting online for digital discount coupons. You feel that your time could have been put to good use by spending it on tasks that are meaningful to you.
Other people would avoid couponing because it feels like a broke man’s venture. Walking into a grocery store with layers of newspaper cutouts feels like walking to the local retail stores with food stamps. You see it as embarrassing and a sign that you are struggling in life. However, this couldn’t be any further from the truth.
Thirdly, not all of us are habitual couponers because we do not see the value in it. How can a 75 cents off coupon voucher help you get a month’s supply of toiletries and groceries?
Waiting for your cheque to cash in or go to the store with a credit card seem more practical for you.
Benefits and coupon tips you should know
No one should feel embarrassed about couponing. In fact, the rich people would actually coupon their way into more money if they had the time. But they have long invested in fortunes so their time is occupied elsewhere.
Fortunately, you have time on your hands or rather could spare a few minutes each day for couponing. You only need to see the value couponing has in your financial freedom and you will be willing to spare those minutes.
How saving money with coupons works
Financial freedom is all about tracking how your money comes in and knowing how it is getting spent. Couponing can help you make this decision better and we will tell you how using this CouponCause-approved tips.
1. Save money On daily items
The first step to financial freedom is reducing your daily spending on items. A lot of people live from paycheck to paycheck or are sinking further into debt because of their poor spending habits. Spending your money only on necessary items frees up money which can be saved or invested.
Another habit that keeps people away from financial freedom is believing that they have to pay full price for anything. Ask any rich person how they pay for items and they will tell you they almost always ask for discounts. Since not all of us have that courage to ask for discounts upfront, couponing does that for us.
Imagine if you could pay half or nothing on the daily items like groceries, gas, or toiletries? Coupon codes can also help you cut down prices on emergency items you need. Spending coupons on daily items is a good deal because you do not have to touch your money.
2. Deactivate unnecessary memberships
We sign up for annual memberships to shopping clubs or megastores. They tell us we will save money annually because of the exclusive discounts they will give. But how has that been working for you so far? If you have nothing to show for it at the end of the year, then you do not need that membership plan.
Since you can save your money on megastores and malls with couponing, you will not need the membership plan altogether. That is extra money freed up which you can save or direct towards other necessary expenses.
3. Stock on items you need
Another huge threat to financial freedom is spending money on what you want rather than what you need. A comic book or entertainment subscription is something you can go without for weeks, that’s a want.
Toothpaste is something you require to stock up on when you run out, that’s a need. Write down how much you spend on items you want versus items you need. Stop spending your money on the wants and start redeeming coupons on the needs.
Nowadays, it is possible to restock your home with items on bulk using coupons. This increases your total savings per month which means more money going back into your pocket.
4. Drive prices further down with discounts on sale
Redeeming coupons on already discounted items is another trick most shoppers know nothing about. Even when a retail or grocery store put some items on sale you can still redeem the price for those items further with coupons.
Some extreme couponers even report walking out of a grocery or mall with multiple shopping bags without paying a single cent. So yes, it is possible to walk into a store, put on that dress you always want, and walk out of the store without paying. As long as you flash your coupon code at the store attendant, it is not shoplifting!
The secret to financial freedom is finding ways to get what you need in life without spending a lot of your money. One of these ways is through free shopping with coupon codes. Take a look regularly at https://couponcause.com/. It not only saves you money in the long run by bringing the latest coupon codes to you, but you also get to manage your finances better and diligently plan for early retirement.