Warning: this post may contain language offensive to younger and more sensitive readers. Reader discretion is advised.
The April issue of Real Simple magazine contains some disturbing news on page 82.
"Can coupons save you money? Not really."
Are you still reading, Terasita? I warned you.
"With coupons, people may buy products they wouldn't normally buy, which are overpriced to begin with," says Eric Tyson, author of Personal Finance for Dummies.
And
Remember: Manufacturers don't issue coupons because they care about your budget. "Coupons are a marketing device to sell products and drive traffic to stores, not to save consumers money," says Jean Ann Fox, director of consumer protection at the Consumer Federation of America.
So if you are a coupon lover (Terasita) who swears by the power of coupons (Terasita), please take it up with Jean Ann and not me. I'm just the messenger.