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To Coupon or Not to Coupon That is the Question
They looked at the money saved by using coupons as money earned. What a neat way to think about it! They say that the average coupon savings is $1.44 (that seems a bit high to me but I'll go with it). A minute to clip it gives you a pay rate of $86.40 an hour. They pointed out something that I had never thought of, this is money that pays no taxes, Social Security, etc. so it's equal to getting $108-123 an hour (variance depends on your marginal tax rates)! That sounds like a pretty great job, doesn't it?
Now, we all know you can't cut out a $1.44 coupon for something you actually need every minute for a full hour but the basic math does prove without a doubt that those small amounts saved are well worth the time it takes to clip and use them.
The writer of this article points out that if the average person can save $25 a week (I do that easily and hope you do too), then that's $1200 you DIDNT spend on groceries, household supplies, etc. so think of that as an extra bonus in your paycheck.
Even in this economy, 99% of coupons are thrown away each week.
What about you...what do you think?

Coupon Lingo
AR: After rebate, the cost of an item after you receive your rebate.
Blinky: Grocery or drugstore coupon dispensers with blinking lights.
BOGO: Buy One Get One
B1G1F: Buy 1 Get 1 Free
BTFE: Box Tops For Education
Cat/Catalina: Catalina coupon, a machine near the cash register that prints coupons when your receipt prints.
CRT: Cash Register Tape - Coupons that print with the receipt
DH: Darling Husband Not exactly a couponing term but one I've been asked a lot about. : )
DND: Do Not Double, Sometimes found on manufacturer coupons.
ECB: Extra Care Bucks from the CVS' loyalty rewards program.
ESRs: EasySaver Rebates, Walgreens monthly rebates program
FAR: Free After Rebate.
IVC : Instant Value Coupon - Walgreens’ store coupons found in ads
MFR: Manufacturer
MIR: Mail-in rebate
MIR: Mail-In Rebate
NAZ: Name Address and Zip Code
NED: No Expiration Date - I like those!
OOP: Out Of Pocket. Meaning the actual cash you pay after any discounts & coupons have been redeemed.
OOS: Out Of Stock
OYNO: On your next order
P&G: Proctor & Gamble Company or sometimes referring to P&G's Sunday insert
Peelie: Coupons on the product packaging that you peel off.
POP: Proof of Purchase
PP: Purchase Price
PSA: Prices starting at
RC: Rain Check
RP: Red Plum – Sunday Newspaper Insert (fabulous coupons!)
RR: Register Reward – Walgreen’s name for their Catalina’s.
SMP: Specially Marked Package
SCR: Single Check Rebate, Rite Aid monthly rebates program
SS: Smart Source – Sunday Newspaper Insert (more fabulous coupons!)
TMF: Try Me Free, some products have a mail-in rebate that refunds the total money you spent to purchase the item, so you can “Try It Out” for free. (I won't use this abbreviation)
UPC: Universal Product Code, bar code on a product
V: Valassis – Sunday Newspaper Insert
WYB: When You Buy
YMMV : You mileage (or manager) may vary, some stores may allow you to score a deal, some may not.
If you can think of another I should add just email me to let me know and I'll update the list. I'm sure there are some I've forgotten!






