grouponI used to rip on the whole frugal lifestyle, and the constant coupon-cutting and bargain-hunting by those who adhere to the frugal code of conduct.

But here I am eating my own words because today I want to share with you a new (to me at least!) website that I think will become a normal part of my life: Groupon.com.

I first heard about them a few days ago. A friend at work asked if I wanted to go bowling because he had a free hour of bowling (with free shoe rental) for up to six people for an hour….every day of the summer. I couldn’t understand how he got such a great deal!

Well, turns out before the summer started he saw a Groupon offer where you pay $30 and you get the free bowling deal. I then started asking him more about them and he explained that a lot of the coupons were restaurant related and 95% of the deals he wouldn’t consider buying. The reason he stays on their email list is to get those rare deals that save him a LOT of money over time. He’s gone bowling over fifteen times and has yet to spend a dollar at the alley (he resists the temptation to buy food there). That’s one heck of a deal!

So I signed up for Groupon and the very next day I found a deal that I could see myself buying: $25 for a $50 GAP gift card. Granted I don’t go to GAP super often (probably once a month tho), and you have to use it within a month and a half, but the gift card can be used for any item in the store including my personal favorites: the clearance section.

Now I’m not sure if it will be another day, week, or month until I find another deal that makes sense for me to purchase but I do know that Groupon should save me a decent chunk of change in the long-term.

I’m interested to hear what deals you have found on Groupon, or whether this is the first time you heard of it? Do any of you NOT like them? That would be interesting to hear as well!

-DC

*Side note: NO I was not paid in any way shape or form by Groupon for this post; I didn’t even put my affiliate referral link in the post! I genuinely think it’s an awesome site!*

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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