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Wednesday, September 24, 2008

Have you shifted from shopaholic to saveaholic?

My friend PJ loves to shop. You can usually find her at Phipps buying out the contents of some exclusive boutique.

I recently saw her at a girl’s night and you can imagine my surprise when instead of taking about he latest outfit she was preaching the power of cutting coupons.

She announced she was on a mission to make up the money she uses to splurge for the newest fashions by reducing her supermarket bill. She now spends Sunday mornings clipping coupons with a vengeance and cross checking them with supermarket circulars to build on her returns. She is determined to save 40 percent of her total shopping bill on every trip while pledging to buy only things she needs. She told of returning to a store four times to redeem their penny mystery coupon, when she discovered it was something she uses regularly. She bought the $10 minimum, put the packages in the car and went right back in to do it again…and again…and again.

She showed off her new coupon holder as proudly as she used to show off her high-priced shoes. She has already converted our friend, Lisa. They now have a weekly Sunday morning “conference call” to discuss strategy for the week.

She feels this is a no-brainer way to save money and then allows herself to buy the overpriced items she loves to wear without guilt.

With everyone tightening their belt, what’s been your best method for squirreling away extra cash? Has it been with coupons or by watching sales?

Here are even more ways to watch your money

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