It depends. I recently noticed an increase in the so called “extreme couponing” movement, and to be 100% honest, it makes me a little upset. Not because I’m not filling up shelves and shelves and shelves and shelves of goods, but because these goods will probably never be used and thrown away OR sold. If it is getting used, then I apologize. But really, I mean who needs 50 sticks of deodorant and 200 bottles of shampoo? Who really, really needs a PALLET of toothpaste?
The bottom line is someone pays for this in the end. I’m willing to bet the losers are everyday consumers. Here I am, the author of a personal finance blog, actually putting limits on frugality. Extreme couponing is just another example of how greedy and materialistic American culture has become. What do you think about that person on Halloween that grabs all the candy from the candy bowl on your neighbor’s porch? Yeah, that’s similar to an extreme couponer in my mind…Maybe the only saving grace is if a couponer donates it away.