When a Deal Isn't a Deal at All: Coupon MathHeather Sokol
I love a good bargain — especially a daily deal on something I really need. The problem is when you get so caught up in the limited time special that you don’t notice it isn’t really much of a deal.
I nearly fell victim to bad coupon math just the other day. There was a Groupon for a movie theater in the area. Well, sort of. It was a little ways away, but at 50% off, I was ready to jump on it to finally take the girls to see Brave.
Then, I did the math. We were planning for a matinee on Saturday, which already has lower prices than the evening admission prices listed in the deal. The voucher also included a popcorn and a drink for everyone — which we would never have ordered on our own. Typically, we share one popcorn and drink, if we get snacks at all.
Adding up the amount it would actually have cost our family, the daily deal was only going to save $1 — far less than the added expense of a longer drive. So, we skipped the voucher purchase and plan to hit a matinee later this week. (Plus, I’m keeping my fingers crossed for another Facebook coupon on popcorn!)
The moral of the story is, do the real math — don’t take their word for it! The regular price may be inflated or include things you wouldn’t have paid for in the first place. Be sure to compare how much the deal will actually save on the price you would normally spend.
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