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The Cons of “Paying Yourself” in Coupon Savings

In this third article in the series, we will explore the darker side of paying yourself with the savings that you earn from using coupons. If you haven’t read the previous two articles, yet, you might want to do so now. Should You “Pay Yourself” in Coupon Savings tells you all about the process of this frugal practice: what it is, and the two different ways to do it. In The Pros of “Paying Yourself” in Coupon Savings, I shared all of the great positive reasons that this can work for you. Of course, there are also reasons that paying … Continue reading →

The Pros of “Paying Yourself” in Coupon Savings

Did you catch yesterday’s article, Should You “Pay Yourself” in Coupon Savings? It introduced the concept of paying yourself with money that you save from clipping coupons and taking advantage of bonus card savings. I talked about what “paying yourself” means, as well as different ways of doing it. But, paying yourself with your coupon savings might not make sense for everyone. And so, I’m going to examine the ways in which it can be a positive practice, and then later, in another article, how it can actually negatively affect your frugal lifestyle. Wanting to start out on a positive … Continue reading →

Should You “Pay Yourself” in Coupon Savings?

Do you cut coupons? Well there is a practice known as “paying yourself” with the savings. Sometimes this can really pay off. But this practice also has a darker side and can sometimes cause you to spend more. Should you do it? Well, it depends. In this three part series, I’ll talk about what it means, how to do it, and what are the pros and cons. What is paying yourself in coupon savings? Well, it is the practice of setting aside any money that you save by cutting and using coupons. In general, that money is then used to … Continue reading →

Frugal Living Week in Review for August 20th-26th, 2007

As summer is slowly drawing to a close and school is finally back in session for most children including the homeschooling families, it is the perfect time to take a look at your frugal habits. Evaluate what is going well for your family, and what might not actually be working. Some things you cannot save money on year-round. Some seasons are better than others for certain savings. Just evaluate where you are and look forward into new ways and methods to save money. Look what great ways we showed you how to save money in the frugal living blog this … Continue reading →