Don’t get me wrong. I use coupons whenever the opportunity presents itself. After all, it often makes good financial sense to clip coupons to save money on groceries. But extreme couponing takes this otherwise good personal-finance practice and throws it completely over the top.
Never mind that, oftentimes, those seemingly ubiquitous examples of people getting a thousand bucks worth of groceries for pennies on the dollar are arguably the result of coupon fraud. The reality is that folks who are spending more than an hour or so a week clipping coupons are at risk of wasting valuable time that, all things considered, could be used much more cost-effectively doing something else.
People who take coupon clipping to the extreme, whether they want to admit it or not, also often end up buying products they may not want or need. OK, so you bought 20 bags of frozen lima beans for $2.36, but how many, if any, of those yucky beans will get eaten before they finally become freezer-burned? And how much additional money is required to store them?
Coupon cutting is probably the best -- but not the only -- example of a typically good personal-finance practice that often gets abused by taking it to the extreme.
- When good money habits go too far, Money.MSN.com, June 3, 2011.
3. Crystal Palace have taken legal action against former boss Iain Dowie, who has been named as Charlton’s new manager.
Palace chairman Simon Jordan claimed Dowie made “fraudulent statements about his reasons for leaving the club” when he parted company with the Eagles.
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