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How To Make Finding Deals A Family Affair

By Edited Nov 14, 2015 0 3

Just about anything can be turn into a family activity. This is true of finding and using coupons deals. What better way to teach children and teens the value of money and being thrifty.

Not everyone in your family will take to couponing as a way to find deals. In fact, be prepared for some of them being quite resistant to the idea. Do not fight it, just ask them to give a little of their time to do specific tasks.

These deals require commitment and organization, so get everyone involved in different ways.  To realize significant savings you need to commit to the process and organize. The family can get involved in the following ways:

Finding Coupons Deals: Depending on age of your kids, get them involved in finding coupons. Older children who love searching the Internet can be assigned the tasks of finding daily deals websites. Give them an email address to use when they sign up for these offers. You can always unsubscribe if what is being offered is not in keeping with what your family needs.

Get them interesting in cutting coupons from newspapers and magazines. Young kids will love the idea of clipping these coupons. Just make sure to supervise them in this task. Even spouses can be asked to assist in identifying and marking coupons when they are reading the newspaper or magazines.

Organizing Coupons: Get kids to help you organize the coupons into date order or any other way that works for you. Give them an incentive to do this. Some families make it into a game so that kids with competitive spirits will try to outdo each other.

Shopping Together: Make shopping a family affair.  This way family members will get an appreciation of how coupons work. Being able to purchase something they want from the coupons they collected themselves is even better. Start small if the family member is reluctant to be seen using these coupons.

A little blackmail also works when it comes to getting the family involved in finding and using daily deals and coupons.  Offer teens a percentage of the savings ‘earned’. If by cutting coupons result in a savings of fifty dollars for the month, giving the teen ten dollars is quite a motivating factor.

The full impact of this will be seen by putting savings in a jar. Each time you use coupons to buy something that use to cost x dollars put the difference in the jar. So if your normal weekly grocery spending before couponing was $60, but have fallen to $40 with coupons, place the $20 in the jar.

Younger kids may also be rewarded by buying a treat for them once in a while from savings. Alternatively, if you do not have the cash, keep a spreadsheet of spending. On this spreadsheet highlight before discount and after discount prices and write in how much you saved. This way everyone can easily see how much savings are made with these discounts.

Localized offers and discounts are popular in many areas. For example, if living in Denver it is possible to find top Denver deals by looking in local newspapers. Also, there may be daily deal sites that offers discounts for businesses in a particular area only.

This is a good way to teach money management and budgeting to children. They will learn early on the value of money and how to get the most bang for their buck. When a family starts couponing as a team, the deals to be had multiplies. Everyone benefits from working together.

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Comments

Jan 19, 2013 10:18am
Marlando
Hi--very practical article both financially and emotionally. 2 thumbs up from me.
Jan 19, 2013 10:18am
Marlando
Hi--very practical article both financially and emotionally. 2 thumbs up from me.
Jan 19, 2013 10:18am
Marlando
Hi--very practical article both financially and emotionally. 2 thumbs up from me.
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