Reader Frugalgrad touched on a fundamental frugal dilemma in a comment about my coupon train paying off this week.
Coupons train, this is a new idea. But I would think this concept only works if you have a circle of friends who are into saving. Coupons are worth only a tiny amount so I’m not sure as if that’s even worth it at all. I have tons of coupons coming in every sunday but it’s never for something that I need. Well something works for others but not for me then.
Did you notice the third sentence? Frugalgrad is asking if coupon clipping is worth the time.
The answer comes down to how you value your time. Some consider their hourly rate at work. If you earn $20 an hour but can only clip $5 worth of coupons in one hour, clipping is a waste of time. If it only takes you 15 minutes, you break even. If you do it in 5 minutes you come out ahead.
Others think about what else they could be doing with that time. Clipping coupons may shave a lot off your grocery bill, but if sucks up all your family time…
The reason I think coupon clipping is worth my time is that I get a lot of satisfaction out of seeing how much I can reduce my grocery bill. I love earning money by doing almost nothing. When I combine coupon clipping with buying items on sale, I feel good about myself.
Is coupon clipping a waste of your time?