Wednesday, June 8, 2011

Couponing

As you probably noticed, I added a new ticker to the top of my blog. I have recently started to be more diligent with my use of coupons because of the fact that we will soon need to buy a larger vehicle.  We do not currently have a car payment and would like to keep things that way, but quite honestly, we don't have the cash saved up to pay for a vehicle in full (at least not enough cash for a newer vehicle). My goal is to save $2,000 by the end of January 2012. That equates to a savings of about $250 each month.

I have always used coupons if I had one, but never really made an effort to maximize my savings potential. Until now. And it's awesome!!! I wish I had started sooner because the savings available are crazy. I love the feeling I get when I save 50% or MORE on foods and items we use every week. Our grocery bill is typically $80-$100 per week or $320-$400 per month. That seems high but considering we're a family of 7, that averages out to about $45-$50 per person per month. Saving 50% means that my goal is pretty realistic, and it excites me that I can contribute financially to my family.

I have only been couponing for a couple of weeks and the savings on my ticker are not inclusive. I couldn't find all of my receipts to include (like the one where I bought 10 boxes of cereal for $9.86!! I saved almost $3/box or 76% on that trip!!!) I think seeing my savings each week will help keep me motivated to continue to coupon and save for our new(er) vehicle. Once we buy our SUV (or whatever), I can start saving for other things, like a Disney cruise or another fun family vacation we've been wanting to do. =)

* Lazy hands make a man poor, but diligent hands bring wealth.  ~Proverbs 10:4