Just last week, I took a trip over to see the Intrepid Air, Sea, & Space Museum. Ticket Prices are $20 for adults, but I was able to find an online coupon for 20% off the admission price. It seems like I am not the only dad (or parent) using coupons these days to save a few bucks. According to Inmar, a coupon processing company, coupon redemption peaked in 1992, at the end of a recession. Since 1992, the redemption of coupons has steadily declined or stagnated through 2008. The 4th quarter of 2008 saw the first increase of coupon redemption since the early 1990’s.
Last week , Stephanie Rosenbloom of the NY Times, published Clip-and-Save Renaissance. This article discusses how consumers, in all income brackets, have taken to the “art” of couponing during the state of the current economy. One at-home-mom featured in the story “walked out with $160 worth of groceries, for which she only paid $30!” Another coupon guru described a case where companies and stores were still accepting coupons even after they expired!
This is not the first time, I have posted an entry on this blog about saving money. I am not the type of dad that has a scissor ready to clip coupons as I enjoy reading through the Sunday paper. No patience for that. I get most of my deals and coupons online. Are my the only one out there trying to save a buck or two?