Check out how you can take advantages from coupons available worth billions of dollars.
Can you imagine that many millionaires use coupons in their saving strategies? Find out how you can use coupon as an important part of your financial portfolio.
Imagine a scenario where your employer hands you a check worth $500 telling the company has allocated an amount of bonus for the employees and this is your share. Will you throw away the check? I think not. You’ll use it for anything you planned for or desired for a long time or put it in your saving.
Coupons kind of works in a similar way except the return ratio is in smaller in amount. Companies allocate a huge amount of dollars a year to attract their targeted customers to purchase their products, business or services.
While doing so they put some money replaced coupons distributed to shoppers as a way of marketing strategy. If the shoppers don’t use those coupons they lost a money saving opportunity.
Now let’s see the millionaires use coupons
Famous author Thomas J. Stanley in his book “The Millionaires Mind” – writes about the lifestyles of many millionaires choose to live. Like many of them likes their shoes resoled, they reuse their furniture rather than buy new and obviously, they like to use coupons.
Now you might be thinking why millionaires would bother with a dollar off coupon. Here’s why:
Stanley explains that millionaires always concerned about the bigger picture. They don’t think about how much they will save during one shopping trip, rather they think about how they can save and invest the money saved in a lifetime using coupons.
He shows it by an example of how a family cut the bills by 5% by using coupons, buying in bulks and using cost-cutting techniques.
And the money they saved could be used as an investment and eventually get a generous return.
Thinking the saving as to reinvestment is the base reason why many millionaires also use coupon techniques while they are planning for the meal or prepare a list for shopping and while doing so they stringently follow their available coupons.
So the bottom line is using coupon can be a great way to save money. The couponing mindset doesn’t only about saving a dollar at the grocery stores; it goes a much deeper than that. It forms a habitual saving behavior, a lifestyle of saving on almost everything and reinvest for greater return.