Anorak | Coupon Crazy: Saving With Groupon And Others Doesn’t Add Up

Coupon Crazy: Saving With Groupon And Others Doesn’t Add Up

by | 1st, December 2011

ARE we going Groupon Coupon Crazy? Yes yes yes, we all know you can save money by using coupons when you go shopping. And yes yes yes, we all know that it’s the sort of thing that started out in the US and has only recently started to become common in the UK.

However, economists just love pointing out something about these sorts of activities. Yes, you’re saving money: but how much is it costing you to save money ?

Like the bank customer cashing in a jar of pennies at lunchtime, Judith thinks nothing of handing a cashier coupons printed from the online money-saving forums that she trawls daily for cut-price deals on non-perishables to feed to her brood. But, then, she is Britain’s most accomplished penny-pincher…….The forums are a step ahead. It does mean I spend a fair bit of time every day on line – but I’m not a big television person anyway.”

The question is, how much time?

Say you were saving £12 a day through coupons. Seems quite a lot really: but

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Posted: 1st, December 2011 | In: Money Comments (2) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink