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7.18.2011

Should I Use Groupon?

This is a difficult question to answer. Many people wonder whether or not they should use a coupon service like Groupon. After all, it provides a great opportunity to save money on purchases, so it seems like a no-brainer. Who doesn't want to receive a great deal of 25-50% off?One of the 'catches' of a service like Groupon is that you often have to make a purchase that very day or within a very short time frame.

My recommendation on Groupon is that you should only consider using the service if you promise to only use it to buy goods that you would buy anyway, regardless of whether you were enticed with a 50% discount offer. Because of you receive a purchase idea from Groupon that seems 'too good to pass up' and it's not a product you were looking to buy anyway, then you're the sucker. The reason advertisers give you huge discounts is because they want to convince you to buy a product that you would not otherwise purchase.

That's why Groupon can be a great idea if you keep a good head on your shoulders. If you intend to only use Groupon for purchases that you habitually make, then it's a fine way to save money. In fact, I'd even recommend you use Groupon in that case. But if you notice that it's causing you to hurry out and buy goods that you had not even realized you wanted, then you're probably better off with it.

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