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  • The Drugstore Game: A Primer

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    Updated 1/3/2010

    I wrote my original introduction to The Drugstore Game six months ago, when I first started playing. I even wrote a rather controversial guest post about the game at Get Rich Slowly. But I’ve learned so much since then that I thought it was time for a new introductory post.

    As background, let me say that I shop at the three biggest drugstore chains: CVS, Walgreens and Rite Aid. I save about $200-300 per month over what I would have paid at Target’s best price (i.e., with sales and coupons). My personal policy now is to not pay for shampoo, conditioner, toothbrushes, toothpaste, deodorant, body wash, and dishwashing soap, unless my favorite version is on steep sale or I need a very specific version. I also save on necessities like paper goods, baby items, over the counter medication, and food. If you want to do the same, here’s how you can get started:

    First, you need to understand how store coupons and manufacturer coupons work together. Coupons that come with the Sunday newspaper are most commonly manufacturer coupons that can be used at any store that takes coupons. Manufacturer coupons can usually be combined with a store coupon, which is a coupon that is put out by the store. For example, if you have a $1 off Pantene manufacturer coupon and a $1 off Pantene CVS coupon, you can use both coupons at CVS to get $2 off a bottle of shampoo.

    The next thing you need to understand is how the various store rewards and rebate programs work. Each major drugstore has its own program and each is a little different. For example, CVS has the ExtraCare program – Extra Bucks (also known as ExtraCare Bucks, or ECBs) are coupons that print at the end of your receipt after qualifying purchases. ECBs can be used like cash on future purchases, and expire a month after printing.

    Walgreens has a program that’s somewhat similar to the ExtraCare program called Register Rewards, which are coupons that print out after you make a qualifying purchase. Register Rewards (RRs) usually expire two weeks after printing, although that occasionally varies if there’s a special promotion.

    Rite Aid has the Single Check Rebate program. Each month, Rite Aid puts out a rebate booklet that lists that month’s offers. Make your qualifying purchases, enter your information online, and request your monthly check.

    The key to success and big savings in The Drugstore Game is understanding how coupons and rewards programs work together. This can be tricky, but it is absolutely worth mastering. For example, last week, CVS offered a Sunday-and-Monday only deal of free-after-ECB L’Oreal Revitalift Anti-Wrinkle Serum. If you paid $11.99, you got $11.99 back in ECBs. But wait! If you used a $2 off $10 purchase coupon that was available online last month, and a $3 off L’Oreal Revitalift Anti-Wrinkle product coupon from a previous Sunday newspaper, you’d only pay $6.99 and still get $11.99 back in ECBs. In other words, you’d “make” $5 to spend at CVS on things you’d be buying anyway, like food or diapers or toilet paper.

    In order to play The Drugstore Game at a high level, you need a game plan before you head out the door. The key to a good game plan is good sources of information. You could sit at home poring over the weekly and monthly drugstore circulars, or you could simply visit the sites that do all the math for you.

    I rely on some fabulous blogs and forums that put together lists of the weekly deals, lists of items that are free after coupon and/or sale, and scenarios to help get the most bang for your buck. These sites were especially helpful to me when I first started playing The Drugstore Game and didn’t quite understand all of the in’s and out’s of the game. The following list is hardly exclusive, but will be tremendously helpful if you’re just getting started:

    You’ll see lots of abbreviations and acronyms – check out Common Sense with Money’s FAQ for definitions of the common ones. Finally, let me offer a few suggestions to help you get started:

    Pick a week and start on Sunday. Better yet, buy an early edition of the Sunday paper and start on Saturday. (I can always find weekend editions of the Los Angeles Times with all of the circulars and coupon inserts on Saturday at supermarkets and select drugstores.)

    Get organized. At the beginning, you may find it easiest to clip every coupon and file them in a multi-pocket folder, shoebox or plastic container, although some people really like to use a binder and still others use hanging folders. I’m still working on my own coupon organization system, so I’m not the best person to give advice in this area. Eventually, you’ll figure out what works for you.

    Check out the sites listed above and decide what you would like to buy. Create your scenarios and write them down, including the coupons you plan to use. Create some alternative scenarios as well, in case some of the items are out of stock. This does take some time at the beginning, but trust me, it’ll take a lot less time once you get the hang of it.

    Before you leave the house, make sure you have your coupons and scenarios. I like to bring all of my coupons since I never know when I might spot an unadvertised or clearance deal that I can’t pass up. I also recommend bringing a calculator in case you have to re-work some of your deals (I use the calculator function of my cell phone all the time), and the weekly and monthly circulars. (If you forget the circulars or don’t have them yet, you should be able to pick them up at the front of the store.) The circulars are handy because stores don’t always mark the shelves properly, and sometimes the only way to tell which item qualifies for a deal is to check the printed circular.

    One final word of advice: Sometimes using a lot of coupons can create problems with the registers, which are programmed in a certain way. And sometimes cashiers and managers have attitude problems with customers using coupons. Even if there’s no excuse for the treatment you’re getting when you’re checking out, please try to always remain polite and courteous. It’s good for all Drugstore Game players if the stores think of us as their best customers!

    You can read all of my posts on The Drugstore Game here and here. For a simple example of how The Drugstore Game can work, check out this post at I heart Wags, and then read the explanation.

    Welcome Alpha Consumer readers!

    A couple of weeks ago, I had the pleasure of being interviewed by Kimberly of the U.S. News Alpha Consumer blog. The podcast is now available if you’re curious about what I sound like. You’ll also learn how I got started blogging and some of my best money-saving tips (although if you’re a regular reader, you already know those!).

    If you’ve found Chief Family Officer for the first time via Alpha Consumer, WELCOME! My favorite topics to discuss are family finances, cooking, and parenting. With prices on the rise lately, I’ve been working hard to keep my family’s expenses from rising along with them. I share my tips here at CFO, along with recipes, reviews, and lately, my foray into Weight Watchers.

    If you’re interested in reading more about The Drugstore Game, which Kimberly and I discussed, you may want to read some of my recent posts on the topic. You can also read about the details of some of my transactions and pick up a few tips on playing the game over at my other blog, CFO Reviews.

    And if that’s not enough to keep you busy, you can check out the Best of CFO.

    If you like what you see here, why not subscribe to new posts via RSS or email? You’ll get the latest on CFO delivered right to your inbox or favorite feed aggregator. Thanks for stopping by!

    My toilet paper/paper towel dilemma: what I ended up doing & what I learned

    Last month, I mentioned that we were running low on toilet paper and paper towels, and that I was torn between taking advantage of a good deal at Target and waiting for a great deal in The Drugstore Game. Mercedes of Common Sense with Money was kind enough to let me know that there was an upcoming Charmin/Bounty deal at CVS if I could wait a week or two, and Gina of Mommy Making Money was kind enough to send me coupons. So I waited.

    And you know what? It all worked out. I acquired a lot of paper towels in that deal, and enough toilet paper to last us a little while. (I acquired more toilet paper this week, so I’m totally set now, and can wait for the next unbeatable deal to come along.)

    I learned some useful things from this experience. Someone (I can’t remember who anymore, maybe Mercedes?) kindly taught me about Hot Coupon World and A Full Cup, where I now find previews on upcoming deals at drugstores. And I’ve discovered that I can buy one or two things as I need them while I wait for a good deal. I can’t always wait (the boys desperately needed new toothbrushes a couple of weeks ago, so I used the Buy One, Get One Free Oral B Stages coupon from the June 1 P&G circular at Target), but if I can, I will. It will save me money in the long run to wait for CVS and Walgreens deals because rolling store rewards significantly reduces my out of pocket expenses. In fact, if I have a gift card, I can pay zero out of pocket at CVS, so even if the price is higher than it is at Target, I’ll still come out ahead at CVS. In sum, I’ve learned to trust The Drugstore Game.

    Thanks for helping me learn, everyone!

    Note: I haven’t wanted to bog CFO down with the details of my drugstore transactions, but if you’re interested in them, head over to CFO Reviews, where I’ve written about my latest plays.

    Welcome Money Saving Mom Readers!

    Money Saving Mom mentioned my guest post over at Get Rich Slowly about The Drugstore Game, which is fantastic because I rely on Money Saving Mom for scenario ideas for CVS as well as info on the latest deals at drugstores and grocery stores.

    If you’ve found Chief Family Officer for the first time via Money Saving Mom, WELCOME! My favorite topics to discuss are family finances, cooking, and parenting. With prices on the rise lately, I’ve been working hard to keep my family’s expenses from rising along with them. I share my tips here at CFO, and The Drugstore Game has become an integral part of my money-saving strategy.

    If you’re interested in reading more about The Drugstore Game, you may want to read about some of my recent experiences. You can also read about the details of some of my transactions and pick up a few tips on playing the game over at my other blog, CFO Reviews.

    And if that’s not enough to keep you busy, you may want to check out the Best of CFO.

    If you like what you see here, why not subscribe to new posts via RSS or email? You’ll get the latest on CFO delivered right to your inbox or favorite feed aggregator. Thanks for stopping by!

    Welcome Lifehacker Readers!

    Lifehacker picked up my guest post over at Get Rich Slowly about The Drugstore Game, which is very cool because I love Lifehacker!

    If you’ve found Chief Family Officer for the first time via Lifehacker WELCOME! My favorite topics to discuss are family finances, cooking, and parenting. With prices on the rise lately, I’ve been working hard to keep my family’s expenses from rising along with them. I share my tips here at CFO, and The Drugstore Game has become an integral part of my money-saving strategy. Incidentally, since I’ve been getting a lot of criticism about the processed foods I bought at Walgreens (or so it seems), I just want to point out that I bought that food specifically to donate it to a food drive.

    If you’re interested in learning more about The Drugstore Game, you may want to read about some of my recent experiences. You can also read about the details of some of my transactions and pick up a few tips on playing the game over at my other blog, CFO Reviews.

    And if that’s not enough to keep you busy, you may want to check out the Best of CFO.

    If you like what you see here, why not subscribe to new posts via RSS or email? You’ll get the latest on CFO delivered right to your inbox or favorite feed aggregator. Thanks for stopping by!