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How Coupons Does Not Save Me Money

Yesterday, I talked about buying newspapers because of the coupons. Today, I want to take the other side of the argument because coupons can sometimes backfire! I received two email offers today from Borders and Golfsmith and using either of them will not save me money! Sometimes I feel like people think they are making money by using discount coupons while the reality is that they are just using less money with it.

Let’s take a look at the coupons I received through email more closely.

borders 20% off coupon

Ahh. Great coupon for 20% off one item from borders.com! People however might not realize that Amazon.com might sell the same item at more than 20% off the price borders.com sells it at.

golf smith 15% off coupon

This is an interesting coupon from Golf Smith because the offer is very tempting! Let’s talk about this for a second because if the email did not pop up in my inbox, I wouldn’t be tempted to buy anything. The coupon is valid for items over $50, meaning that I might end up spending $50 that I did not plan for. 24 hours ago, this $50 was still very safe in my bank collecting interest.

Golf equipment is definitely something I have a hard time stopping myself from “wanting” to buy. What type of things do you have a hard time controlling yourself to purchase? How do you control it and how often? If there is a nicotine patch for shoppers, we want to know about it!


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August 23, 2007 at 9:33 am
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{ 3 comments… read them below or add one }

Eric August 23, 2007 at 9:06 am

I think sometimes people just buy things because they think they are “on sale”. Take Rack Room Shoes, they are always having a “sale”. It’s always buy one get one half off. My wife knows this and yet everytime we go by, they act like it’s a new sale and that you have to hurry, time is running out.

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Modern Worker August 23, 2007 at 9:56 am

People look at me like I’m crazy when I tell them I never clip coupons. I use them (when they’re given to me) but I the time and money spend to get coupons, I agree is too much.

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MoneyNing August 23, 2007 at 1:54 pm

Eric: :) It’s great that your wife knows this. I think my fiancee knows this too but sometimes I think she wants to think otherwise.

Modern Worker: I agree that it takes a lot of time to clip and save coupons but you actually can save a lot of money with them. The danger is when you see something on sale and you end up buying it even though you never wanted it otherwise.

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