Tuesday, October 30, 2007

How Do They Stay in Business?

This is getting ridiculous. I told you a few weeks ago about how to make money moving your prescriptions around from drug store to drug store using the coupons that come in the paper (or that you buy on Ebay). You can read about that here if you missed it. We've made a good bit of money doing the prescription transfer thing. What we have not done (yet) is shop for groceries at the drug store. That's exactly what people are doing, however, and they're MAKING money doing it.

This takes some dedication and some planning. I'm not sure I'm willing to do it - as I'm not super organized when it comes to coupons. If you are willing to spend about 30 minutes digesting the 'how-to's' and another few minutes each week planning your shopping based on the deals that each store is offering and the coupons you have, you can actually MAKE money shopping for groceries at both CVS and Walgreens.

I will post links to the primers at the bottom of this post, but the basics of how you do it are:

  1. Sign up for the store's customer card (called ExtraCare at CVS and RegisterRewards at Walgreens)
  2. Pick up each store's monthly savings catalog - here's where you plan your shopping and start looking for the deals
  3. Clip coupons from the newspaper and other places
  4. Combine your clipped coupons with the coupons in their savings catalog and add in the 'rewards' you get from using their customer care card

Those are the basics - doing those things alone will save you A LOT of money. If you're willing to strategically buy items based on what's on sale, you can actually make money. I'm talking about walking out of the store with $50 of groceries and $5.00 in your pocket. If you're willing to put the effort in, the opportunity is out there:

CVS How To

Walgreens How To

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