Some of you may be wondering why did I start couponing?
I began couponing b/c I was in debt up to my eyeballs and I was living paycheck-to-paycheck. When the economy crashed in September 2008, it scared the Hell out of me. Both of my degrees is in Business and when Lehmann Brothers folded under and filed bankruptcy…I knew that it would have a huge impact on our economy.
Although I have two Business degrees, it didn’t keep me from accumulating allot of credit card debt.
What was even worse was that I had a very good paying job. I still have that same job. However, I could not have come up with $200 in cash, if my life depended on it.
I was in sad shape.
So, I began, as many of you did, researching on the internet on how to save money. Finally, I sat down and wrote down all of my financial obligations and my income and I developed a very tight budget.
What I discovered in developing this budget is that I spent allot of money on every day necessities – food, shampoo, trash bags 🙂 , toilet paper and the like. I was spending like $500 a month…and I wasn’t buying the “best of the best”. But I was pretty much buying all my household goods at the grocery store where it was sky high.
I was so ignorant to couponing that when I would go to CVS, I couldn’t understand why my receipt would be so long and I would throw away my receipt with the Extra Bucks into the trash as I was leaving.
However, some how I stumbled upon a blog called A Thrifty Mom. She was saving all kinds of money and getting all kinds of Brand Name stuff for next to nothing.
I was hooked.
My original budget forecast was for me to pay off all my debt within 33 months. I did it in 12 months and that was due to couponing.
I work hard for my money and couponing enables me to get the things I want and need. Nowadays, I don’t need to coupon but why pay more when I get for FREE or pennies on the dollar?