Do You Know Why Millionaires Use Coupons

In his book The Millionaire Mind, author Thomas J. Stanley writes about the frugal lifestyles that many millionaires choose to live. For example, many millionaires have their shoes resoled, they repurpose their furniture rather than buying new, and they use coupons.

Why would millionaires bother with a dollar-off coupon?

Stanley explains that millionaires look at the bigger picture. It is not about the money that they will save during one shopping trip, but rather the money that can be saved and invested during a lifetime by using coupons.

He uses the example of how a family that spends $200 a week at the grocery store could cut the bill by five percent through couponing, buying in bulk, and using other cost-cutting practices. The money saved could then be invested and eventually grow to more than $500,000.

Pursuing savings so as to reinvest them is the reason many millionaires also do meal planning and prepare shopping lists that they stringently follow based on their available coupons.

Go Ahead Fine A Coupon that can save you Money at Felt’s Printing & Signs