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All Content > Articles > Finance > Money Saving Tips » View Article

Coupon Myths Debunked by Professional Coupon User


Summary:
Coupon myths discourage people who are wanting and needing to save money on one of the leading household bills - your groceries. In this article I will debunk 10 coupon myths that I have heard over the years.
Details or Sample:
Myth #7 – People who use coupons spend more than people who don’t use coupons.
In an article, I read awhile back it stated that people who use coupons spend more on luxury items than people who didn’t use coupons. So, I guess people who never use coupons, never buy luxury items? Besides, if I save $50 bucks using coupons and I want a new pair of shoes, which cost $75 – why shouldn’t I be able to reward myself and get them? In reality, the shoes will cost the person who didn’t use coupons the whole $75 bucks. However, the couponer really would have only paid $25 for them (because they saved $50 bucks on groceries.) So really – who’s spending more?

Myth #5 – Generic is cheaper than name brand.
Yes, it’s true that generic is a little cheaper than name brand. However, generic is not cheaper than name brand, on sale, with a coupon. The key is to combine the store sales with coupons. This goes along with the theory that coupons are only for the higher priced name brand items. However, when those higher priced name brand items go on sale, the cost isn’t much different from the generic brand. When you add a coupon to this – the cost ends up being less than generic.

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