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Tuesday
Feb152005

Market Watch : More high-earners clip coupons, shop at discount stores

Next time you lust after that luxury car or plasma television you can't afford, maybe this will ease your pain: The wealthy are more likely to be clipping coupons than the rest of us.

Noses no longer high in the air, affluent consumers clip coupons, shop at discount stores and cringe at being labeled "wealthy," according to a new survey of about 800 consumers earning at least $125,000 in annual household income.

Seventy-two percent of these high-income earners said they clip coupons, compared to the national average of 65 percent, and 66 percent said they shop at discount and warehouse stores, compared with 47 percent of consumers on average nationwide.

Read entire article at marketwatch.com

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