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The difference between stockpiling and hoarding

hoarding coupons grocery saves money signsStockpiling is an essential part of successful couponing. It means buying extra items at rock bottom prices so you don't have to worry about running out before the next great sale rolls around.

However, if you have watching any of the extreme couponing shows, you may think stockpiling has more in common with hoarding than smart shopping. And certainly, some shoppers do cross the line from stocking up to hoarding food. While that line is different for everyone, here are some good guidelines to follow.

You might be a hoarder if”¦

You have more food than you could possibly use before it expires.

Smart shopping is buying 3-4 bargain-priced jars of mayo to last you and your kids through the summer months and into the school year. Hoarding is clearing the shelves of 20-30 jars when there is no possible way your family can use it all ““ unless you are eating it by the spoonful ““ before it goes bad.

You don't want to share your pantry surplus.

One of the beautiful things about couponing is that we are able to share our bounty with others. Some couponers specifically buy extras when they spot a deal and share those with a local food pantry. Others occasionally sweep through their pantry for items they may have over-purchased and donate those. If you stubbornly hold on to food, even if you can't use it all yourself, it may be a sign of hoarding.

You find yourself buying for the sake of getting a deal.

If you are consistently shopping simply for the thrill of scoring a deal, you may be at risk for hoarding. Again, the purpose of a stockpile is to feed your family cheaply, not to see how much stuff you can pile up in your home. If you already have a six month supply of toilet paper stashed in the closet, think twice before buying more. While I know it is hard to pass up a deal, trust me: another great sale will be coming.

You are breaking your grocery budget by stocking up on deals.

Couponing is suppose to save you money but some people may go overboard and actually overspend their budget because they don't want to miss a deal. Yes, they are getting amazing savings, but they are still spending more out-of-pocket then they should. If you fit this category, it may be time to step back and reevaluate your shopping strategy.

In the end, stockpiling saves you money while hoarding wastes it. Maybe that cereal only cost you $1.00, but if you don't use it before it goes bad, then that's $1.00 you have wasted. Multiply that by shelves full of unused items, and hoarding can mean you are throwing away all sorts of money.

To ensure you don't end up hoarding, ask yourself the following before stocking up on a great deal:

  • How much will our family realistically use before the next deal (which will typically occur within 12 weeks)?
  • Can I afford the items?
  • Where will I store the items?
  • Do I have a plan (such as donating to a food pantry) in case I overestimate how much my family will like or use an item?

Finally, people tend to make jokes about hoarding, and we have even turned into entertainment ala A&E's Hoarders television show. However, hoarding is no laughing matter for those who are affected by it. If you feel like you have a compulsion to shop and are worried your stockpile may be out of control, please talk to a trusted family member, friend or a professional couselor.

Written by Josh Elledge - Chief Executive Angel

Josh Elledge Consumer Savings Expert and Founder/Chief Executive Angel, SavingsAngel.com®

Josh Elledge is on a mission to help Americans save money and time so they can give. He is Founder and Chief Executive Angel of SavingsAngel.com®, which was created to bolster the buying power of the average U.S. family by combining technology, coupons and smart thinking for extreme savings on household consumables and everyday items.

Through his work with SavingsAngel.com, Elledge has emerged as one of the nation's leading experts on consumer savings appearing in the media more than 2,000 times!

READ MY FULL BIO HERE: https://savingsangel.com/josh

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