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Wednesday, August 6, 2008

Pooling Purchases To Take Advantage of a Coupon

How many times do you stumble across a great coupon but realize you can't use it because you don't need three boxes of Lucky Charms or you can't find $100 worth of clothes you want to buy at Coldwater Creek?

Happens to me all the time, but I've a way to use these coupon and share the wealth with my friends and family. We pool our purchases and share the discount. That way, we're able to take advantage of spectacular deals without spending more than we intended or buying more than we each need.

Need an example?

This week, I received a great coupon for Staples for $40 off a $150 purchase. Well, I'm pretty well stocked on office supplies, but I do need a few things. Just not $150 worth.

However, I happen to share an office with three other women and together we'll be able to use the coupon and share the savings. Depending on what we each buy, we'll either split the discount -- $10 for each of us -- or do the more complicated math and figure out percentages if one of us spends more than the others. Either way, we'll all save a little bit.

My friends and I do this all the time at restaurants. If one of us has a buy-one-get-one-free coupon, we'll all split the savings. Using this method, no one gets their meal for free, but we all save a bit each time we dine out together. And over time, that adds up.

Do you have ways that you share the savings with your friends? I'd love to hear about them. Maybe my friends and I can learn some new ways to save from you.

2 comments:

  1. On Mondays in our office, you will find a big stack of Sunday newspaper coupons in the break room. There is a group of us that all bring in the leftovers from our papers. We can find multiple copies of the coupons from our paper and some that we don't see as there are two newspapers in our area.

    Works great as long as we don't all have the save tastes that week.

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  2. Great Tip... my mother and I do this often when we're out shopping together.

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