Coupon 101: Coupon Casino- When to Hold Them, When to Fold Them

Deals are going to start pouring in as companies want you buying their products to get ready for back to school. However, this is a gambling game and sometimes it pays off and sometimes it doesn't.

I used this particular scenario that popped up earlier at my friend, Bethany's house when we did a GNO seminar not too long ago. Will it work again to hold off and wait for a better price? Don't hold me to it but this is what happened the last time this deal came around.

Betty Crocker fruit snacks are on sale this week at Publix and with a coupon to buy 2- you can get for .80 each or a savings of 69%. I remember this deal the last time it came around the sale cycle. I remember asking if Mike thought it was a good deal and he said no. We waited one week and they were on sale again but with a better coupon from that week's newest coupon inserts. The coupon out right now is for a purchase of 2 boxes and they are on sale for $1.30. The next coupon was for 1 box and the .50 cent coupon doubled to $1.00 making the fruit snacks just .30 each at that point.

I have no idea how it will pan out but I'm going to hold off. Fruit Snacks are a Back to School hot item and I think the coupons/deals will be better. If they aren't- no biggie. This isn't a staple or a need item- just something the girls enjoy in ration.

The point I'm trying to make is there are still questions, doubts and even a season pro like me has to weigh the options, my chances to score the best deal and decide when to cash in those coupons. Sometimes it works, sometimes it doesn't but I do encourage you to trust the 12 week sale cycle. It rarely fails me even when I worry that I'm out of a particular item.

I've never been to Vegas but if I had the odds in my favor like I do from the 12 week sale cycle with couponing- I think I could hit it big!