Monday, June 28, 2010

Overages & Money Makers

Part of the WUC Virtual Class System
Have you ever been paid to shop? I know you’re probably rolling your eyes right now, thinking another one of those ‘too good to be true’ kind of deals. Well, I was honestly right there with you years ago. Never in my wildest dreams would I have imagined that some deals can be so good that literally you will come out ahead!! The very idea of walking into a store, paying nothing AND then earning a little bit for next time is so foreign most people don’t even believe it’s possible. I’m here to tell you it happens, although not all that often!

An overage is the difference between an item's actual value and the coupon's face value. For example, let’s say you have a packet of tuna that’s on sale for $.50, and you have a coupon for $1. That’s a strange thing, right? What do you do? Well many stores will honor the $1 coupon even though the item only costs $.50!!! That means by simply using that coupon, you will earn $.50. Now when I say ‘earn’ the stores generally never give you money back, but what they do allow, is for you to get something additional that is $.50 and pay nothing!!

So, imagine a scenario where you have twenty $.50 coupons for tuna. You are earning a $.50 credit for each one off your bill simply by redeeming the coupon. After using twenty coupons, you have a $10 credit towards anything in the store! I go buy meat, chicken and other essentials that never have coupons and pay nothing! This is an important concept with overages. You must find things to ‘eat up’ the credit you have built up. The last thing you want is to get to the register and have a negative total. They zero it out and you lose the overage! Overages are rare, but they do happen. Another important thing to remember is that an overage is a privilege not a right. Stores can adjust down the coupon which results in a free item

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Overages & Money Makers

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