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5 smart money lessons from reality TV

'Extreme Couponing': Have a shopping strategy
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'Extreme Couponing': Have a shopping strategy

For those who tend to impulsively purchase items when shopping, it is good to have a plan, Kingsbury says.

While radical, the reality TV show "Extreme Couponing" demonstrates how you can save money by planning ahead.

"While most of us will not go to the extreme that the couponers portrayed do, if we shift our money mindset to be one of planning instead of convenience, we can not only save money, we can buy just the items that we need or really want as opposed to what is marketed well or catches our eye," Kingsbury says.

Watch an episode, and learn about coupon strategies and how to write a grocery list, bargain shop and follow a sale, Kingsbury says. Those are financially useful exercises, but they don't need to be done as radically as they are on the TV show.


 

 

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