Monday, May 16, 2016

Coupon Bootcamp Day 2

Yesterday we went over finding coupons and sorting them. Today I want to go over matchups and coupon lingo. 

Lets start with coupon lingo:

  • Double Coupons: coupons where a store will match the value of the coupon discount. (Safeway and City Market will double any coupon up to $0.50 and Safeway will round any coupon from $0.51 to $0.99 up to $1!)
  • Moneymaker: An item that when purchased will earn you money
  • Price Matching: When you are allowed to use a competitors price at another store to get the price lower. (Wal-Mart and Target allow this) 
  • Rain Check: A slip allowing you to get a sale price on an item that is out of stock.
  • WYB=When You Buy 
  • BOGO=Buy One Get One (Free or 50% off)
  • FAR=Free After Rebate
  • IP=Internet Printable Coupon
  • IVC=Instant Value Coupon (Walgreens Store Coupon)
  • MIR=Mail In Rebate 
  • OYNO=On Your Next Order
  • OOP=Out Of Pocket
  • ManQ=Manufacturer Coupon 
  • Q=Coupon
  • P&G 7-3=refers to the insert and date it came out
  • WAGS=Walgreens abbreviated
  • RP=Red Plum Insert
  • SS=Smart Source Insert
  • P&G=Procter & Gamble Insert
  • CAT=Catalina Coupon
  • YMMV=Your Mileage May Vary (different results)
  • ECB=CVS Extra Care Bucks
  • RR=Walgreens Register Rewards
  • +UPR=Riteaid +UP Rewards
  • SCR=Riteaid Single Check Rebate
  • $3/1=refers to the coupon amount being $3 off 1 of that product. You will see several variations
  • Exp=expiration
  • Stacking: Using a coupon in conjunction with a sale OR using a manufacturer coupon with a store coupon. NOTE: You may NOT use more than ONE manufacturer coupon on any 1 product.
  • Overage: Also known as a moneymaker. When an item is purchased and the coupon value is more than the product price, you can receive overage! Currently only Wal-mart allows you to keep your overage as cash back, other stores may apply the overage to your purchase. 
  • Purchase: any single item in your order
  • Transaction: the cumulative order of all items purchased.
    • Several cashiers have mistaken this on coupons that say limit one per purchase. This simply means that you may only use one manufacturer coupon on the item you are purchasing, not that you can only use one coupon in that transaction. If a coupon says limit one per transaction, then you may only use 1 of that coupon in a transaction. If you would like to use more than 1 of that coupon, make your purchase and use the coupon and start another transaction after paying to use your coupon on that same item.
Now that you know how to read the matchup sites, You can begin to know what you are getting and for what price. So first fire up Google and type in your favorite store and "coupon matchup" and see what it comes up with. One of my favorites to follow is thekrazykouponlady.com because she shows matchups for multiple different stores and she shows what items are a really great and good stockup price with little icons next to them and even gives you deal scenarios for what you could buy to get it down to a certain price. Other great ones are wildforwags.com, krogerkrazy.com, and supersafeway.com. I'm located in Colorado, so these usually cover all my bases for stores I want to use. I go to these sites, select the products I can see are going to be great stockup prices, add them to my list, pull the coupons needed for it and head to the store. 

Some of these sites will let you know that there is a rebate on an app to earn cash back. These apps include Ibotta, Mobisave, checkout 51 and more. These apps usually will deposit money you've earned into a paypal account that you can then transfer into your checking account or you can use the money you've earned on giftcards for places like starbucks, toysrus, red lobster etc. It is to your advantage to use these apps. You can also download the app for certain stores and often these have places to download digital coupons that will further reduce your bill by applying coupons at checkout usually by using your store loyalty card before paying. 

We still have a bit to go over, but you are well on your way to becoming a coupon pro!


 

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