First things first. You're gonna need one of these; an ice cold beverage. With caffeine. ;)
I get three newspapers weekly. One from a subscription, two from the Dollar Tree. My favorite grocery store (Fry's) values all coupons at $1 (up to 3 of the same, that's why I only get 3 papers. Coupons over $1 are worth face value) so if I use 3 coupons total in a week, the papers pay for themselves. At least that's how I figure it. You could even do more if you wanted because it really doesn't take much more time.
Pull out your coupons inserts and group the pages together from all 3 papers. So, you'll have 3 of each page stacked together.
Here are my categories (divided by cheap Staples dividers).
Breakfast (excl frozen)
Canned (excl soup)
Paper products/food storage
Pasta and sauce
Refrigerated and Meat
Shaving and Deoderant
Sides and Rice
Soap and Bodywash
(in the back)
Rain Checks/Store Credits
As for shopping there's not much of a strategy since most stores' coupon policies have become more strict. The main thing is to try and use your coupons when an item is also on sale, thus maximizing your savings. Once again, my favorite website to reference is www.thecentsableshoppin.com for AZ peeps. She will help you match coupons to sales.
Yes, couponing takes a little time. BUT my friend who showed ME the ropes (thanks Lanae ;)) told me that when you're saving money it's like a job. Not spending=earning. Kinda.