Teaching children about money is something that intimidates many parents. It’s hard to bring up good financial habits when many parents often have their own bad financial habits. But since there is no national provider of financial literacy, it’s important for parents to guide children and show them what it takes to handle personal finance and credit card debt as an adult. It’s good to see kids take an interest in personal finance, even if this kid on TLC’s Extreme Couponers takes it a bit far. But to paraphrase him, free candy is awesome, so take a peek and see how he uses coupons to achieve his goals.
Use Coupons to Save Money
The amount of effort that Broderick puts into it is admittedly very extreme. However, he’s a shining example of how you can use coupons to your advantage by saving money and sometimes even being owed money by the retailer. It may seem silly to save 30 cents or a dollar on an item, but it can add up to quite a tidy sum over time. Saving money can also be helpful for staying on budget.
Be an Extreme Couponer… If You Have the Time and Energy
By all means, go for it. Learn how to coupon if you can. This young man has quite a haul of free candy and pasta sauce, and I’m sure his parents are grateful that he’s able to help out with the family’s grocery shopping. Just make sure that you don’t buy so much food that it ends up expiring on your shelves – you don’t want to be wasteful.
If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today.