Be your own boss and
make money on your terms.

Fill out the form to access my Resource Center.
It's full of FREE tools to help you build your business.

3 Reasons Why I Stopped Extreme Couponing

3 Reasons Why I Stopped Extreme Couponing

June 19, 2017

This article may contain affiliate links. Read our Disclosure Policy.

Shares 454

A few years ago, right before I started this blog, I was pretty deep into extreme couponing.

A friend had introduced me to the show on TLC and I was shocked at how much money people were saving by using coupons.

Why I Started Extreme Couponing

Back at that point in my life, I had lots of free time but very little money.

I was living paycheck-to-paycheck and didn’t really have any thing fulfilling in my life.

I had already gotten divorced and I was living alone with no one to come home to other than my pets. My friends from college were no longer close by since I had moved back to my hometown for a job.

Of course, I could hang out with my family, and I often did. But other than that, I had no real hobbies.

I was so used to being constantly busy with college and work that I now found myself going crazy with boredom.

After seeing the show on TLC, I decided extreme couponing would be the perfect new hobby for me because I’d be able to save so much money!

Taking it Too Far

For a couple of months, I spent hours hunting down coupons.

I’d find them online and print them at home and at work to get more than one copy. I also bought multiple copies of the newspaper to get extra coupons.

When that wasn’t enough, I bought coupons on eBay so I could save even more money.

It wasn’t long before I had stuff stashed everywhere. I converted a closet in an extra bedroom to a pantry for extra food, paper towels, toilet paper, and facial tissue. My laundry room housed nearly 20 containers of cat litter! I even stored extra bags of dog and cat food in the shower in my extra bathroom.

What I didn’t realize was extreme couponing wasn’t actually saving me any money. It was costing me money to buy coupons on eBay. I spent money on paper and ink to print coupons from the internet. Plus, I was buying tons of stuff I didn’t really need at the grocery store.

Sometimes the food I was buying was expiring before I could use it because I was buying so much. Since I was only feeding myself, not a family, I didn’t really need multiples of the items I was buying, but I bought them anyway.

Why I Stopped Extreme Couponing

I finally decided I had to stop extreme couponing because it had become more of an obsession than a hobby. Here are a few of the reasons I stopped extreme couponing.

1. I Wasn’t Saving Money!

The biggest reason I stopped extreme couponing was because my finances were out of control.

Once I started tracking my spending, I realized I wasn’t saving any money. This is why I am an advocate of tracking your spending!

You can get started tracking your spending for free with Personal Capital. This is a tool I highly recommend because it’s easy to get started. You can manage your budget, investments, and more all in one place.

Some of the things I bought with coupons were going bad before I could use them, which is a huge waste of money. Plus, I realized that without coupons I would only be spending about $25/week on groceries to feed myself if I truly bought only the things I needed instead of buying things with coupons to “save money”.

This was around the time I started this blog and made my first budget. Back then I was truly broke and had to severely restrict my spending in order to be able to pay the minimums on my debt. I had no extra money to buy things just because they were on sale.

It doesn’t make sense to overdraft your checking account and incur a fee of around $30, or rack up high-interest credit card debt, in order to buy things with coupons, which is exactly what I was doing.

If you have high interest debt, consider refinancing with a personal loan from Credible. They have a fixed rate of 4.99% and terms between 2 and 5 years. Refinancing your debt may help you pay it off faster and save a ton of money on interest. Plus, you will have less payments to keep track of each month.

2. It Took Lots of Time

The second reason I stopped extreme couponing is because I realized how big of a time suck it really is.

I would spend hours finding coupons, clipping them, and organizing them. Then I would make my shopping list and spreadsheet to track my savings and get the best price. Not to mention the time spent in the grocery store getting my items and divvying them up into different transactions for the register.

I also grew tired of doing multiple transactions every time I went to the store. It became a big hassle.

Finally, I decided my time was worth more than saving a few cents on grocery items that I may not need in the first place. I realized I could be earning money with my time instead of spending money, even if the things I was buying were pretty cheap after using coupons.

There are lots of ways to earn extra money. Here are a few ideas:

  • Start driving with Uber. You get paid weekly and you get to set your own hours.
  • Rent out a room on Airbnb. Even if you only book guests a few nights each month, you’ll earn more money than you can save with coupons.
  • Watch videos and search the internet with Swagbucks. You can earn gifts cards or get paid via PayPal.
  • Share your opinion with the world by taking online surveys. Some of the most popular companies are Survey Junkie, Opinion Outpost, and Pinecone. They don’t take long to complete and most companies pay by PayPal.

You can find out even more ways to earn money with my free download, 77 Ways to Earn More Money.

3. I Was Tired of Clutter

As I started reading more blogs, I became more interested in the idea of minimalism and ridding my life of all forms of clutter.

By no means will I ever be a full-on minimalist with one plate, glass, fork, and spoon. But, I was tired of having to sort through a bunch of stuff to find what I was looking for.

Clutter is not only an eye-sore, but it also weighs on your mind.

Having more things means taking more time to clean, maintain, and care for them. It means more laundry to wash, dishes to scrub, and for me, more procrastination of these dreaded tasks.

Living with less has been freeing and it’s something I’m still working on to this day.

Next time you get ready to head to the store for your grocery haul, don’t forget to ask yourself if extreme couponing actually makes sense for you.

It may be ok to use coupons now and then, but don’t fall into these traps like I did.

If you do decide to use coupons, don’t buy things you don’t need. (Who really needs 20 containers of cat litter?) It doesn’t actually save you any money! Putting money in your savings account is the only real way to save money.

Most importantly, don’t forget about the value of your time. Surely there’s something more valuable you could be doing instead of clipping coupons!

I had to stop extreme couponing because it had become more of an obsession than a hobby. Here are a few of the reasons I stopped extreme couponing.
Shares 454

Like this post?

This is just a taste - fill out this form to get access to my Resource Center. It's full of FREE tools to help you build your business.

13 responses to “3 Reasons Why I Stopped Extreme Couponing

  1. I was exactly the same! I also gave up couponing after I had kids. I just do not have time for it anymore but it was a weird obsession and I just had boxes of stuff all over my house that would just pile up! I couldn’t wait to go through my stockpile and be over it and not have to be reminded of being a crazy coupon lady. haha. thanks for sharing, I liked this post!

  2. Yes! So much this! I’ve written at length on my own blog about the psychological dangers of couponing. Aside from the clutter, time and cost aspects, it can be bad for your health. The CDC found that the majority of coupons are for processed snack foods, desserts, and sugary beverages/sports drinks. Coupons made people buy more of those and fewer fruits and veggies, for which there are rarely ever coupons.

  3. I can’t imagine spending so much time on couponing, let alone extreme couponing! Plus, we all know having too much stuff can suck. Good for you for finding a better way to save money!

  4. #2 is definitely the hugest problem with going crazy over coupons. In general, your biggest expenses will be housing, transportation and groceries but spending hours trying to save $5 defeats the purpose. Might as well focus that time on earning more money if possible. Good read.

  5. I find extreme couponers seem to be hoarders.
    If you have that kind of need to coupon, would be great to fill the shelves at your local food pantries and shelters

  6. To me saving is if I leave the store by paying a final price and I don’t have to use a bunch of rewards and coupons for a single item. I want a neat and clean sale.

    A lot of couponing blogs say things like:

    Buy 1 Toothbrush for $4.99,
    Use one $1.00/1 – toothbrush coupon from Insert 7/2.
    Pay $3.99.

    Receive $3.00 in Rewards from Drugstore

    Final Price $0.99.

    This isn’t saving to me but a lot of blogs say that it is. How is it saving? I don’t get it. I know couponers will say stuff like, “You can use it next time you’re in the drugstore.”

    I would rather pay .99 on sale for said toothbrush than have to mess around with rewards, points, and coupons.

    I also don’t understand couponers that pay .74 cents for brand-name dish soap when it goes on sale and they buy 4 of them at one time which totals to about $2.96 before taxes… it would be wiser to buy 1 medium-sized bottled of dish soap priced for $3.00 before taxes, and it will probably last your family the same amount of time until the next sale.

    It is things like this that turned me off from super couponing. I just wait until my fave products go on sale and then I will buy 4 of them at once and stock up my pantry that way.

    1. I’m glad you’ve found other ways to save. I still use coupons sometimes, but I don’t go out of my way to make them work for me anymore. Now I just try shop sales and only buy things I need.

  7. Wow! It’s like I wrote this post…I have a ton of debt, started extreme couponing, ended up spending time and money accumulating more than I needed because I thought I was saving money, and now I’m getting into minimalism because purchasing things to organize my things, and taking time to clean and reorganize my things is exhausting and time consuming. The more of less by Joshua Becker transformed my life. I love your post! ????

    1. Yes! I’m so glad I’m not the only one to discover these things. I know couponing does work for some people, but it DID NOT work for me.

Leave a Reply

Your email address will not be published. Required fields are marked *