I know we have all heard this, but studies show that rich people use coupons 80% of the time while those that are not rich use them only 20% of the time. Now, sit back and think about it. If you spent just $2000 on clothes a year, but received 10% off, then you would have saved $200. That’s a new pair of designer jeans or a pair of fantastic heels or even one third of a nice designer bag. That’s why rich people have all of that nice stuff! Not just because they have more money than you, but because they know how to get more out of every dollar they spend. So, if you want to be rich and you buy anything (and I know you do), make sure you use coupons. One of the easiest things to do is to get an online discount.
The biggest mistake I see people make these days is shopping online and NOT using or even searching for a coupon. Finding a discount when shopping online takes less than 5 minutes. So, for 5 minutes of work, you could save a few hundred to a few thousand dollars a year.
How to do it:
There are 3 easy ways to get a discount online and all of them take less than 5 minutes:
1. Google + coupon code. The top 5 results will almost always give you some sort of coupon code. If nothing comes up, most likely there isn’t anything at that time.
2. Search coupon websites for a discount: fatwallet.com, retailmenot.com, bensbargains.net are 3 of the best.
3. Best & Easiest Thing To Do: Sign up to get cash back on places like fatwallet.com, ebates.com, or igive.com. Go to the site, create an account, then, find the store you want to shop at and click through on their “cash back” link to go to the online store and make your purchases. These sites will automatically track what you’ve bought and give you a percent back (via check or paypal) because you’ve clicked through on their link to buy. These places pretty much cover all of the most popular stores on the internet. Fatwallet.com seems to cover more stores online. Plus, the stores show additional deals you can get in addition to the cash back so you aren’t only getting money back, but you are also getting extra discounts. It takes 5 minutes to sign up and after that, you can go every time you want to buy something online.
If you aren’t saving money every time you shop online, you aren’t acting like a rich person, but one that is poor.
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I think every little bit does count. They say Warren Buffett went to get change for his quarter to make a call for 20 cents at a public phone booth. Anyways, thanks for all the info and interesting reads.
You’re right. The few dollars you save every time you make a purchase adds up to a few hundred or few thousand at the end of the year. Also, why pay more when you don’t have to?