Cutting Coupons Worth More than a Paycheck?

We knew cutting coupons have been saving us a TON of money on our groceries. Which has been helping us tremendously with our monthly budget.

But this article puts a completely new spin on what cutting coupons is really worth to a family. This one is definitely worth a read.

Doing the Math on Coupons

They're back in fashion, with good reason: An hour spent cutting and clipping can yield about $100 in savings.
The Great American Coupon is making a big comeback -- thanks to the Great American Recession.
We redeemed some 3.3 billion coupons last year -- a remarkable 27 percent leap from 2008, and the first year-on-year increase in 17 years, according to a report issued at the end of January by Inmar, a coupon-processing agent. (Online coupon use skyrocketed -- companies issued twice as many as in 2008, but redemptions rose 360 percent.) The big upturn took off in October 2008, just after Lehman went belly up.
You have to make time to visit a coupon Web site or collect the flyers from your mailbox, the supermarket or newspaper inserts. You need to sort through to find the ones you want, cut them out, stick them in your purse or wallet -- and remember to use them
Saving $1.44 for a minute's effort is the equivalent of saving $14.40 for 10 minutes'.
Hourly rate: $86

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