Tuesday, 24 August 2010
CNN recently posted a video about a man named Jeffrey Strain, who managed to live off of a dollar a day for 100 days, quite comfortably at that. His secret? Coupons, lots of coupons.
And why would he do such a thing? As it turns out, his sister bet him he couldn't do it. So Jeffrey, who co-owns the website SAVINGADVICE.COM, took up the challenge and passed with flying colors. The challenge was simple: live off of one dollar a day for all food purchases. It didn't include other expenses besides food.
Any visitors to his site will quickly realize he is already a smarty-pants when it comes to saving money and properly budgeting expenses. Regardless, I couldn't believe his savings. What would have normally cost him $1473.94, over a normal 100 day period for all his food and drink, only cost him $76.11!
$76.11! And he didn't have to sacrifice choice or quality! He ate what he would have eaten anyway.
"It's a matter of finding the deals that match up with the coupons," Strain said. This included several things:
- using lots of coupons.
- using coupons on items already on sale, which he called, "stacking."
- using 2 computers to print coupons. (Because each computer was only allowed a finite number of coupons at a time.)
- There was no limit for the # of coupons used in his local grocery stores.
Strain admits that he did grow some of his own food in his garden. And he did forage for some food on public lands, usually for his breakfast, which normally provided him with a nice fruit smoothie. But with savings of this magnitude I'll cut him some slack.
I always looked at coupons as a pain in the butt, but now given the economy and after watching that video, I'm beginning to like coupons a lot.Do you use coupons? Are you going to start using them after reading a story like this?