Comments on: The True Cost of a Coupon

By: Anon Ymous

Anon Ymous — Tue, 16 Feb 2010 06:43:16 +0000

Or you can view it this way instead. Cost of time is so relative. Instead of viewing it as time wasted, view it as money gained.

By: Yo Prinzel

Yo Prinzel — Sat, 05 Dec 2009 00:38:04 +0000

I hadn’t thought about the cost of your time, but again you are right. If you work for yourself this can be especially true because you could increase your billable hours by skipping the one to two hour coupon hunt and organization tasks each week and make MUCH more money than the coupons save.

By: Perry

Perry — Thu, 03 Dec 2009 18:21:41 +0000

Another and hidden expense of cutting and using coupons is the time cost ratio. If you value your time at $25 an hour, then every hour you spend cutting coupons costs you $25 you could have made elsewhere. Some people value their time much higher – in the hundreds of dollars per hour – so cutting coupons for such people may present a huge negative cost ratio.

By: –› Holiday Challenge, Retirement, and Saving

–› Holiday Challenge, Retirement, and Saving — Thu, 03 Dec 2009 13:31:04 +0000

[...] The True Cost of a Coupon [...]

By: Weekly Roundup – Coinstar Bonus Edition | Frugal Dad

Weekly Roundup – Coinstar Bonus Edition | Frugal Dad — Thu, 26 Nov 2009 12:52:23 +0000

[...] Is Coupon Clipping Worth It? Here is an interesting spin on coupon clipping. It really makes you think about clipping coupons online. (@Suns Financial Diary) [...]

By: Abby

Abby — Thu, 26 Nov 2009 12:23:00 +0000

I used to think this was true – the time, expense, etc. didn’t make coupons worth it, and store brands were still cheaper.

But over the past few months, I’ve followed a few great sites – moneysavingmom.com is one of them – and learned how make couponing really work. By combining coupons with rock-bottom sales prices, I’ve slashed our weekly household budget for groceries, toiletries and diapers from $150/week to $100/week – and normally, our total spending is closer to $60. It does take time, but as you learn the rules at various stores and figure out what your family needs, I find that our grocery bill continues to shrink.

I don’t spend a lot of time organizing my coupons, but I do spend about an hour with the sales circulars and coupons before going to the grocery store. The flipside is that my trips in the store are pretty efficient – probably half the time that I spent when I walked in with a few vague ideas rather than a targeted list.

So it can work!

By: The Financial Blogger » Blog Archive » Festival of Frugality – My Best Purchases’ Edition

Tue, 24 Nov 2009 10:00:36 +0000

[...] presents The True Cost of a Coupon posted at Earn More Invest Wisely at The Sun’s Financial [...]

By: Edwin

Edwin — Fri, 20 Nov 2009 00:50:14 +0000

Another thing to consider is the time spent with coupons, be they online or physical. If someone spends an hour more every week on shopping due to coupons but only saves $7, they might just get more value out of their time by playing with the kids or a variety of other activities.