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Free Software Downloads and Software Reviews. Using Coupons and a Flexible Savings Account to Save on Groceries - Frugal Follies. I recently discovered a new way to save on groceries using my Flexible Savings Account in conjunction with coupons.

Using Coupons and a Flexible Savings Account to Save on Groceries - Frugal Follies

I've never seen this method described before. First of all, what's a Flexible Savings Account? An FSA is an account that many employers offer as a job benefit to help pay for medical expenses. If your employer offers this, you can save pre-tax money into a fund that you can then use for medical expenses not covered by your insurance. Previously expenses had to be submitted to the company running your FSA, but in recent years companies have given out debit cards that can be used for these expenses. Posts on the Johnson City Group. MommyPage.