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Stingy News Article Link

The ripoffs behind rebates
08/13/03 Permlink | Thrift
"As many as half of all product rebates go unclaimed, experts say. One reason: Some companies make the rules so tricky that consumers won't bother."



More articles on the same topic . . .

The importance of being solvent
07/19/14 Permlink | Thrift
"What is wealth? To me, it isn't a particular sum of money. Rather, it's the freedom to spend your days doing what you're passionate about and what you think is important."

Tiny houses for economic freedom
07/12/14 Permlink | Real Estate Thrift
"The 57-year-old schoolteacher's tiny house near Providence, Rhode Island, cost $28,000 - a seventh of the median price of single-family residences in his state."

When the messenger is worth shooting
04/12/14 Permlink | Thrift
"In addition to being ineffective and boring, the lessons of financial literacy curriculums often end up sounding patronizing and obvious. Check your credit report. Rebalance investments. Budget. The fact that most people don't bother to do these things is taken as a sign of their financial illiteracy."

Our number-one tax shelter
01/18/14 Permlink | Thrift
"Investing in a Tax-Free Savings Account should be a priority for most Canadians"

Frugal life leaves rich legacy
12/01/13 Permlink | Thrift
"He clipped coupons, wore sweaters with holes in them to make people think he was poor and took a bus - not a cab - to the University of Washington when he attended an alumni luncheon in his later years. Only a tight circle of family and friends knew that MacDonald was nurturing a secret fortune. When he died in September at the age of 98, he left in his will a $187.6 million charitable trust to Seattle Children's Research Institute, the University of Washington School of Law and the Salvation Army."

The dark side of compound interest
10/12/13 Permlink | Thrift
"If being in thrall to compound interest is a problem for you, just imagine how it feels for Warren Buffett. The world's richest man has compounded his wealth by 20% since the early 1970s. Before that has was doing even better. Every can of soda the notorious Coca-Cola fan swigged in the 1950s therefore cost him thousands of times as much as he paid for it, compared to if he'd put the money into his investments and had a glass of water."

Risk-free returns for everybody
09/22/13 Permlink | Funds Thrift
"Investment professionals too often forget that a dollar saved in costs or fees is actually worth more than a dollar earned from investment returns (thanks to taxes). In addition, investing in cost and fee reduction can provide far greater returns per unit of risk than anything else an investment organization can do. In fact, there.s an argument to be made that cost and fee savings represent risk-free returns to investors."

Time as money
08/10/13 Permlink | Thrift
"But their data, primarily drawn from the Consumer Expenditure Survey from 1980 to 2003, provide an alternative explanation for why expenditure falls as people enter old age. To start with, they reveal that spending on non-essential items does not drop. In fact, it increases. But three categories do see declines: food, transportation and .personal care. (which includes clothing)."

The romantic appeal of savers
08/04/13 Permlink | Academia Fun Thrift
"The desire to attract a romantic partner often stimulates conspicuous consumption, but we find that people who chronically save are more romantically attractive than people who chronically spend."

Hedge fund math
07/21/13 Permlink | Funds Stingy Investing Thrift
"The lesson here is to try to minimize your costs and employ sensible tax planning methods. While a 2-per-cent annual fee might not seem like much, it can really add up over time. Throw in a performance fee on top, as most hedge funds do, and the costs skyrocket." [Btw, the calculations included a high-water mark]

The ever increasing value of parsimony
07/14/13 Permlink | Thrift
"We're in a bull market for parsimony. Maybe even a parsimony bubble. Parsimony, which is a polite way to talk about penny-pinching, has never been a more valuable habit. Even with investment yields up from their recent lows, I think it is safe to predict that parsimony is well on its way to becoming a high art."

Jon Chevreau talks Findependence
07/06/13 Permlink | Thrift
"I thought it would be great to have Jon back. This time we go into a bit more detail about his book."

Is wine BS?
06/30/13 Permlink | Behaviour Thrift
"A Lafite Rothschild Bordeaux sells for a minimum of around $500 a bottle, while humble brands like Charles Shaw and Franzia sell for as little as $2. But as far as 'wine economists' are concerned, the level of correlation between the price of a bottle of wine and its quality is low or nonexistent. In a number of damning studies, they suggest that wine is not just poorly priced, but that the different tastes we describe in wine may all be in our heads."

Extreme saving
06/01/13 Permlink | Retirement Thrift
"Today, the 31-year-old father of three saves more than 70% of his net income with the goal of retiring in a few years."

Teach Americans to be cheap
03/24/13 Permlink | Thrift
"The most potent way to get more wealth to the poor and middle-class is to get these people to save more of their income, and to invest in assets with higher average rates of return."

The 'scrooge' who begat plenty
02/16/13 Permlink | Government Thrift
"Perseverance, property rights, contracts, civility to one's opponents, silence, smaller government, trust, certainty, restraint, respect for faith, federalism, economy, and thrift: these Coolidge ideals intrigue us today as well. After all, many citizens today do feel cursed by debt, their own or their government's. Knowing the details of his life may well help Americans now turn a curse to a blessing or, at the very least, find the heart to continue their own persevering."

The future of shopping
01/12/13 Permlink | Thrift
"How long can brick-and-mortar retailers afford to operate stores that serve as display cases for someone else? More importantly, will that be long enough to transform themselves into something less vulnerable to Internet competition?"

A lost decade for savers
09/26/12 Permlink | Bonds Debt Thrift
"The 1990s were a lost decade for Japan. The 2000s delivered a lost decade to U.S. investors. Now, five years into the onset of the financial crisis, with stock and bond markets booming, housing resurgent, and even Detroit redeemed, it.s savers who find themselves in a lost decade."

The iPhone's sexy, but 'I save' is far smarter
09/22/12 Permlink | Thrift
"But iPhones are also symbolic of a change in society's attitude toward money. We now get our gratification through spending money rather than by saving it. The savings rate in Canada has been falling for decades, more or less in line with the decline in interest rates. Today, savings accounts offer less than 1 per cent in many cases and barely 2 per cent at best. As a result, a lot of us have come to believe that saving is useless, even foolish. And so, we've moved on to spending."

Saving too much for retirement?
06/17/12 Permlink | Thrift
"So you're worried you haven't saved enough for your retirement? What if all the conventional wisdom is wrong and you are actually saving too much?"

Negative real rates of return
02/20/12 Permlink | Thrift
"If it's just you on a desert island and you have to bury food in the ground for safe keeping chances are you will dig up less food than you bury. In general investing only makes sense when there is seasonality, which is why tropical animals don't do it. And, animals that do invest always take a loss even if they invest in the form of fat stores. However, because the marginal product of labor is vastly different between the spring and the winter it is worth it in utility terms even if the material return is negative. That humans don't always take a loss is why the world we live in is so vastly different. Our world changes over time because we can use our brains to think of ways to get more out than we put in. However, this is a special case and should not be taken as some basic property of the world. Its just not."

For savers in Canada, a sinking feeling
02/05/12 Permlink | Thrift
"Bank of Canada Governor Mark Carney, among other central bankers, has kept interest rates near historic lows since the onset of the global economic crisis in an attempt to stimulate the flagging economy, and there's no sign of a rate hike any time soon. But some critics say the playing field is now tipped too far in favour of borrowers rather than savers. Canadians in droves have piled on debt to buy new homes and make other purchases, prompting warnings from Mr. Carney of the dangers of carrying too much debt - even as his policies encourage borrowing and provide little ability for savers to generate substantial low-risk income. "It's one thing for Carney to say this is a problem and warn people," says William Robson, president of the C.D. Howe Institute in Toronto. But "actions speak a lot louder than words." Inflation, while low at an annual rate of 2.3 per cent, compares with one-year guaranteed investment certificates (GICs) paying roughly 1 per cent a year. Simply put: A dollar saved today will be worth less a year from now."

The truth about wealth
12/19/11 Permlink | Thrift
"A study by Jonathan A. Parker and Annette Vissing-Jorgensen of Northwestern University found that the beta of the top 1% nearly quadrupled between 1982 and 2007 to 2.39. The top 0.01% had a beta of 3.96, making even the riskiest tech stocks look safe by comparison. Economists and wealth managers say the betas of the rich have likely soared even higher in recent months as markets gyrated sharply."

A new page at Canadian MoneySaver
11/02/11 Permlink | Thrift
"Mr. Hodson said he likes the current roster of MoneySaver writers, a mix of self-taught experts and advisers and other investment industry people who contribute free of charge. Something else he likes is the longstanding MoneySaver policy of not taking advertising from the financial industry. That kind of independence can be costly in terms of forgone revenue, but Mr. Hodson's Sprott years have left him financially secure enough not to worry about it."

What's the use of saving money?
09/29/11 Permlink | Thrift
"Ritchie Hok, an actuary living in Ottawa, is convinced savers will ultimately wind up paying the price for others' imprudence. At the peak of the U.S. housing bubble, Hok lived in Minneapolis and saw the excesses first-hand. While there he resisted those who urged him to get into the market a wise move given prices are down 40 per cent there. Now that he's in Ottawa, though, he's hearing all the same arguments for why he should take advantage of low rates and buy a house before prices rise even further. He's convinced Canada's housing market is a bubble that will eventually burst, and when it does, policy-makers will rush to people's rescue. "My fear is that most people in Canada are now debtors and not savers, and so governments will enact policies to help them because they make up most of the population," he says. "Savers may get screwed on the way down, too." If Hok is right, the frugal few could be in for even more pain ahead. Why is it again that it pays to save?"

A madcap quest for 'free'
03/04/11 Permlink | Thrift
"As soon as Kathy Spencer walked into the Rite Aid in Haverhill, early one recent Sunday morning, she knew something was up: All the carts were gone. At that hour, she was accustomed to having the store to herself, quietly piling hundreds of dollars worth of goods in her cart, quietly working the system, quietly walking out the door without having to pay for any of it. Instead, the store was "a madhouse full of crazy women fighting over toilet paper,'' she said. She knew exactly who was to blame: she was."

A continuing disgrace
01/23/11 Permlink | Thrift
"However, what is disgraceful is that savers cannot hedge this inflation risk. The government stopped the sale of index-linked national savings certificates last year. This was not because the government didn't need the money the budget deficit is still 150 billion. It can only be viewed as a deliberate attempt to punish savers by denying them the chance of a positive real return. And slamming savers is not in the country's long-term interest."

Why a Budget Is Like a Diet
01/02/11 Permlink | Thrift
"As a species, humans are notoriously poor at following through with their plans. Sticking to a budget - a dirty word even among many financial planners, who prefer the more euphemistic 'spending plan' - feels too much like dieting. And we often fail at both for the same reasons: too much focus on the restrictions, not enough on fun. So it's not surprising when people end up bingeing later, more than making up for dollars not spent or calories not consumed."

Bargain Junkies Beating Retailers
12/22/10 Permlink | Thrift
"'I wonder why they waste money on advertising,' she muses. 'We'll buy whatever they want us to buy - as long as they pay us to buy it.'"

Wedbush's roof leaks, but his wallet doesn't
11/21/10 Permlink | Thrift
"His investment firm, Wedbush Inc., manages more than $15 billion in assets, employs 1,000 people and is valued at $300 million. His personal stake is worth more than $150 million. Yet Wedbush has never let go of a compulsive frugality with roots in a Great Depression boyhood and his early days as an entrepreneur, when pinching pennies was the difference between survival and oblivion. For Wedbush, cost control is much more than a slogan. It's a guiding principle, maybe even a way of life."

The joy of spending
09/22/10 Permlink | Thrift
"If you have 2 million and can't force yourself to buy a coffee, there's a problem."

Land of the free, home of the tightwad
09/19/10 Permlink | Thrift
"And - this is the probably the most important bit - it allows U.S. families to cut their debt a lot faster than you might believe. One analysis by Deutsche Bank projects that by 2013, American households might be able bring their debt ratios down to where they were about 20 years ago. That's probably too optimistic. But consider the possibility that today's frugality will feed a roaring economic expansion several years from now. In the short term, its economy is still messed up. But longer term? It's never wise to bet against the U.S."

Your banking may be more expensive
02/16/10 Permlink | Thrift
"When you lose your job, the last thing you need is for your expenses to increase. Yet, at some banks, that's exactly what can happen with your checking account."

Doing the math on coupons
02/10/10 Permlink | Thrift
"If motivation is an issue, the next time you find yourself facing a stack of coupon booklets and flyers don't ask yourself if you can be bothered. Try asking yourself if you'd like to earn more than $100 an hour for a job you can do, at home, while sitting on the sofa watching TV."

Why so many Americans are broke
01/14/10 Permlink | Behaviour Thrift
"Bookstores are full of books about getting out of debt. Why, then, are so many Americans struggling to get by? One reason, according to Connecticut College Psychology Professor Stuart Vyse, is that when it comes to money, people are not as rational as many economists - and authors - think. In his book Going Broke: Why Americans Can't Hold on to Their Money, Vyse cites studies that consistently show that people commonly make mental mistakes when it comes to their money. This realization is the foundation of behavioral economics, which holds that people behave differently than in the supremely logical fashion that classical economics predicts."

Economists are cheapskates
01/02/10 Permlink | Thrift
"Academic economists gather in Atlanta this weekend for their annual meetings, always held the first weekend after New Year's Day. That's not only because it coincides with holidays at most universities. A post-holiday lull in business travel also puts hotel rates near the lowest point of the year."

Spend now, pay later
08/22/09 Permlink | Debt Government Thrift
"With noble intentions, much of what was advocated and popularized by the Woodstock generation involved an increased role for government in the economy. They argued that 'smart people' in the government would 'manage' the economy and 'protect' people from themselves. Government would run 'temporary' deficits and 'create' jobs. It was argued that society's prosperity needed to be shared through government-administered programs, regulations and taxes."

GICs are safe, but don't expect much
06/27/09 Permlink | Indexing Bonds Stocks Thrift
"So what's the lesson? First, fees matter a great deal. Second, while a stock-filled portfolio may provide higher returns, that comes with risk. A GIC-only portfolio may not be exciting, but investors sleep well at night. "

The end of personal finance
05/03/09 Permlink | Thrift
"That our personal finances weren't fully ours to seize didn't seem to occur to many of us until recently, when the stock market plunged almost 40 percent in a mere year, housing went into free fall, and the unemployment rate began to climb perilously toward double digits. All these facts suddenly left the personal finance industry facing a conundrum of its own making. The backbone of the self-help complex is the idea that you can do it. You. Singular. But what happens when you lose your job and can't find a new one before your six months of recommended emergency savings runs out? Or a good chunk of your retirement income is in the form of a pension from your former employer - and that employer is named Chrysler? What then?"

Haggle your way to extra
04/24/09 Permlink | Thrift
"Many people might feel uncomfortable asking a store to take less than the posted price, but not Leonardelli. A professor at the Rotman School of Management, he teaches negotiating skills to business students. In his view, the recession offers a golden opportunity to get better prices and extra perks."

Big Macs and fries
04/24/09 Permlink | Thrift
"Even with glimmers of hope for the recovery, consumers are still cutting back - especially when it comes to dining out. But turning to some of fast food's biggest bargains in order to stretch your dollar in the recession may be one belt-tightening measure that could end up forcing you to loosen your buckle by a couple of notches."

Austere times? Perfect
04/13/09 Permlink | Thrift
"Millions of Americans have trimmed expenses because they have had their jobs or hours cut, or fear they will. But a subset of savers are reducing costs not just with purpose, but with relish. These are the gleefully frugal."

Free toothpaste for life!
03/18/09 Permlink | Thrift
"There's a system behind coupons, rebates and store incentives. Figure it out, and the store aisles are rich with freebies for you and those you want to help."

10 tips for a better deal
03/18/09 Permlink | Thrift
"Some people were born to haggle, negotiate, cajole, whatever you call it. The rest of us need some guidance. Here are 10 great negotiating tactics to use next time you want to get more for less."

Feeding a family in the depression
02/18/09 Permlink | Thrift
"It was a time of making do and doing without. The Great Depression forced thousands out of their jobs, but most of the burden was shouldered by the homemaker, who had to keep the family fed."

A lament for savers
02/13/09 Permlink | Thrift
"Borrowers get bailed out. Run your bank into the ground and the taxpayer will lend it money. Buy a house you cannot afford and the central bank will cut interest rates to ease your burden. Meanwhile those who have lived within their means and put money aside for the proverbial rainy day, have seen interest rates slashed to 2% in the euro zone, 1% in Britain and virtually nothing in America. No one offers to help them out, even though saving is needed to allow business investment which, in turn, generates growth. Asians, told off in the 1990s for their current-account deficits, now get lectured for saving too much. This is quite a different paradox of thrift from the usual one. In theory, everybody regards thrift as a virtue. In practice, they treat it as a vice."

Analyzing market-linked GICs
01/25/09 Permlink | Thrift
"I'm not actually a big fan of principal protection. I think the cost of this protection is too high. But for investors who want this protection, it's important to evaluate whether your market-linked GIC is a good deal or not."

The IBM fortune and the funeral home director
12/12/08 Permlink | Thrift
"A couple of months ago, Robert McDevitt died at 90 in Binghamton, N.Y., my hometown. He ran a nice-enough but unremarkable funeral home near the center of town, about two blocks from where my parents now live. Over the past week, his will has become public, revealing that while McDevitt spent his time embalming local bodies and soothing mourners -- he was worth $250 million."

Where have all your savings gone?
12/07/08 Permlink | Markets Thrift
"For American and European savers it has been a lost decade. After two booms and two busts, stockmarkets have earned them nothing, or less, in the past ten years. Low interest rates have made bonds and bank deposits unrewarding too. Were it not for the tax relief they receive, contributors to personal pension plans would have been better off keeping their money under their mattresses. It will be little consolation to Westerners that savers in Japan have known this empty feeling for far longer."

Findependence day
12/01/08 Permlink | Books Thrift
"The protagonists grapple with two key concepts - financial independence and guerrilla frugality. Financial independence (the book's title is a contraction of the term) refers to the goal for most of us: the day on which our assets are large enough to cover our living expenses and we don't have to work for a living anymore. ... Guerrilla frugality is the key means to achieve the end, financial independence."

Holes in our socks
12/01/08 Permlink | Economy Thrift
"Right about now, most businesses are trying to work out how their customers are likely to respond to the recession. Looking back to the last really nasty recession - the early 1980s - isn't much help for low-cost airlines, cell-phone companies, Internet retailers, producers of organic and fair-trade food, and many other businesses barely imagined at the dawn of the Reagan era. The economy has simply changed too much since then for experience to be a reliable guide."

A return to thrift
10/30/08 Permlink | Thrift
"Sometimes it takes a near-death experience to change bad behavior. Think of your friend who quit Lucky Strikes after a coronary incident. Or look at how banks are reducing their dependency on debt after watching rivals go belly-up. On Wall Street this process of reducing debt relative to equity is called deleveraging. Main Street should be deleveraging too."

The new age of frugality
10/10/08 Permlink | Thrift
"On a shady lane in New Hope, Pa., a quiet revolution in American culture may be taking shape. Here, a family of four lives in a white, colonial-style house in a manner that once would have been considered All-American but more recently has been seen as just plain weird: They're frugal."

American savers have drawn the short straw
09/08/08 Permlink | Markets Government Thrift
"American savers, take a bow. This is your moment of vindication. Your hour of glory. And you earned it (in a manner of speaking). You resisted the siren call of plastic teaser APRs, dutifully living within your means to store money for a rainy day. You never took out an interest-only mortgage. Never had to pawn the copper pipes from your exurban McMansion to pay the reset on your liar loan. Your credit score would have gotten you into Harvard at age 12. Good for you! Your reward: injurious savings yields, inflationary rot, and election-season neglect, all served up with a dollop of institutional insecurity."

The death of the credit card economy
09/01/08 Permlink | Debt Thrift
"The most revolutionary notion in commerce today is one of the oldest. If you want to buy something, you may actually have to pay for it. We are reverting from a "borrow and buy" economy to the "cash and carry" model of our grandparents."

Is debt your destiny?
08/31/08 Permlink | Debt Thrift
"Credit changes the way we spend and think. If you're broke, research shows, there's a good chance you'll stay that way a long time. But there are ways to fight the pattern."

Wise investing: no substitute for saving
08/25/08 Permlink | Thrift
"The problem is that while the financial-services industry is very good at marketing and selling investment products, it's very bad at marketing and selling thrift, and living within one's means. After all, the only thing which is marketed more aggressively than investments is credit products. But if you want a financially comfortable retirement, the first best and pretty much only thing you need to do is save a lot of money while you're working."

Rebundling Passive Performance
08/19/08 Permlink | Indexing Brokers Stingy Investing Thrift
"Advisors using actively managed funds have taken a beating from index-fund advisors in the popular press over the issue of fees. But the argument for indexing is usually made by relying on raw index returns and usually targets investors who don't want advice. The case for indexing is substantially weaker when all of the costs associated with advice on passive portfolios are added up."

Why Generation Y is broke
08/09/08 Permlink | Thrift
"Today, people in their 20s and 30s are more educated than ever before. Some 85% of those aged 25 and older hold a high school diploma, and 27% have a college degree. This generation of adults is also, of course, the most technologically sophisticated to date, with about half using cell phones for text messaging and 90% on e-mail. And yet stats indicate our generation's financial literacy is abysmal, with personal finances to match. Only 52% of high school seniors passed a recent national financial literacy test, meaning adults entering the work force do not know enough about basic budgeting, interest rates or taxes to make sound decisions for their own lives."

How to leave your wife
07/28/08 Permlink | Thrift
"If your marriage is crumbling, you need to pay attention to money matters -- or suffer harsh consequences. Here's what to do, men." [A link to a similar article for women is provided near the top of this article. But thrifty couples will work hard to avoid divorce.]

Can a family eat on $100 a week?
07/27/08 Permlink | Thrift
"Did we make it? First, let's say that any reduction in my grocery bill was welcome, as most weeks we spend nearly $250 at a grocery store. That's well above the $182 budget the U.S. government considers "moderate" for a family of our size and ages. Spending less than half what we normally do was tough. A $100 budget gave us $1.19 a meal per person, obviously not enough for dinners or coffees out and barely enough to put decent meat on our plates."

Unbundling Canadian ETFs 2008
06/21/08 Permlink | Indexing Stingy Investing Thrift
"It is easy to get a simple, low fee, and broadly diversified portfolio with ETFs. Most investors can safely stop here. But perhaps I can entice you to read on about a few specialized situations. When it comes to ETFs I like to consider two options for long-term investors. The first option is to purchase the ETF and hold on. The second option is to bypass the ETF and buy the stocks that it owns. At first glance, the choice between buying a low-cost exchange-traded fund that holds many stocks or buying each individual stock appears to be obvious. The exchange-traded fund is likely to be the better bargain. However, buying stocks directly may be a good choice for some investors because the Canadian stock market is very small and it is dominated by a few big names. By holding only a few stocks you can reasonably approximate, or even fully replicate, some ETFs."

How to retire on $12,000 a year
06/04/08 Permlink | Thrift
"The solution is social. It is called sharing, having enough social skills to multiply your effective income to a level far greater than it could be made with ordinary cash. The prosperity of the past 50 years has raised our expectations. We want to own our house, to have our own bedroom, our own bathroom, our own car, our own phone (preferably mobile) and our own TV, and we want to eat what we want for dinner, not what everyone else is having. That makes life very expensive. The productive social alternative is sharing. Economists call it "economies of shared living." Most of us think about it in regard to marriage."

Is marriage a dumb move?
10/26/07 Permlink | Thrift
"The decision to wed or not, of course, is between you, your intended and your conscience. But you should realize that from a coldhearted financial perspective, the U.S. tax code and Social Security rules don't necessarily come down in favor of marriage for people with a substantial amount of assets."

Life and debt in suburbia
10/05/07 Permlink | Debt Thrift
"Assessing how the neighbors are doing financially and what that means about how we are doing is practically a national pastime. The guessing game starts off as harmless pillow talk and community pool chatter, an outgrowth of natural curiosity. Just how much money must Susie and Bob have to be able to afford that new kitchen, three cars and a family safari? Then too, every homeowner has a vested interest in the financial well-being of his or her neighbors. Homeowner associations have long understood that nothing raises the value of a home more than an expanse of trim lawn and well-kept homes on either side. But the finances of those around you affect more than just the perceived value of your property. They also, like it or not, help shape how much you spend and save and color your perceptions of your own financial well-being."

How rich friends make you feel poor
08/25/07 Permlink | Thrift
"Trying to live as if you have more money than you do may be one of the biggest causes of financial distress in America today, and nobody wants to talk about it."

How to earn $1 million by not watching TV
07/17/07 Permlink | Thrift
"A recent study found that it would take $1 million for someone to be willing to give up TV for the rest of their lives. Guess what? If you decided to give up TV and invested the money you saved, you would get that $1 million -- and probably a lot more."

What's up with all those tip jars?
07/07/07 Permlink | Thrift
"Am I alone in taking pointed notice of all the tip jars that have blossomed on business countertops? From delis to pizzerias, Chinese takeout joints to barbershops, the word has spread like wildfire: If you put out a tip jar, people will fill it. Well, maybe they will, but I have yet to be shamed (if this is the right word) into casting my coin into the tip jar fountain. Perhaps it is the scientist in me, but I try to reason the situation out like this: I call in my order to the Chinese restaurant. I drive there to pick it up. I pay the menu price. Why on earth would I pay more than they are asking for their product? Doing so strikes me as positively un-American. Tipping used to be confined to service-oriented occupations: waitresses, taxi drivers, doormen. Now it has spread to businesses where I seem to be doing most of the work."

Lessons from living down and out
04/05/07 Permlink | Thrift
"We were poor and unhappy, so I thought having money meant being happy . . . (but) my husband also grew up very poor, and his family was close and he had a loving childhood. (Meanwhile,) many rich people are miserable. Don't confuse money and happiness. They're separate issues and you need to work on your family and relationships just as hard as you work on finances. Don't give up family and relationships in pursuit of money and don't assume money will fix your personal life."

The emergency fund you can eat
03/15/07 Permlink | Thrift
"Having a substantial cash emergency fund is an important financial goal, but it's not an easy one. Building up enough savings to cover three months' worth of expenses can take some families years to accomplish, as they struggle with more pressing goals, such as paying off credit card debt and saving for retirement. Fortunately, there's another kind of emergency fund that's a lot easier to put together: a well-stocked pantry."

Could you stop spending for a month?
03/12/07 Permlink | Thrift
"For the 28 days of February -- I picked the shortest month to make it easier on volunteers -- those who wanted to participate would buy only necessities. Each person would get to define what was a necessity for himself or herself. At the end of the month, everybody would report back on how their shopping fast went. The point wasn't just to save money. It was also a way of examining our relationship with money."

Take a big bite out of grocery bills
03/09/07 Permlink | Thrift
"But as I learned from the food mavens on the Grocery Challenge thread, living in the land of cheap grub is not a reason to become complacent. No, no! As these savvy shoppers will tell you: If you think you got a certain item for a great price, rest assured there's a way to get it even cheaper -- or maybe even for free."

Looking for love, and money
02/21/07 Permlink | Thrift
"Oh, to be dating in the time of Jane Austen. No sooner does a young man move into the neighborhood than everyone knows he's single -- and exactly what his income is and how much property he owns. Not only that, but as this sly opening sentence of Austen's "Pride and Prejudice" suggests, finance and romance were presumed to go hand in hand. It was perfectly acceptable for a gentleman to look for a wife with financial assets or for a woman to seek a beau with the best prospects. Unfortunately, courtship has lost some of its financial candor in the past 200 years. Even with the rise of online dating -- where people answer numerous questions and create elaborate, supposedly revealing profiles of themselves -- it's hard to find your financial match."

What should it cost to say 'I love you'?
02/13/07 Permlink | Thrift
"Is Valentine's Day about love or money? My heart tells me it should be about love and appreciation for those who matter most to us, but the facts show that Valentine's Day is truly big business."

Living 'poor' and loving it
02/09/07 Permlink | Thrift
"Here, then, are the rules for How to Be Poor: Rule 1: Have very little money. Rule 2: Live on it. Rule 3: Rule 2 will change your life, if you let it. Being poor means taking a hard look at your needs and getting ruthless about separating them from the wants."

Financial sanity down a country road
02/07/07 Permlink | Thrift
"Who knew a beer out here was only $1.50? That's just one of many discoveries I've made since trading the big city for a life in rural New York. The bright spots outweigh the drawbacks so far."

Surviving (and thriving) on $12,000 a year
01/10/07 Permlink | Thrift
"I'll be living on just over $1,000 a month this year. That doesn't sound like much -- and it isn't -- yet I plan not just to live on it, but to build a savings account."

I make $6.50 an hour. Am I poor?
12/28/06 Permlink | Thrift
"As a single professional woman, for years I sat securely among the lower rungs of the middle class. Now I've fallen off the ladder. In a matter of months, I went from a comfortable life with decent pay and health insurance to a $6.50-an-hour job with no insurance, no furniture and just enough resources to keep the wolf from the door."

Are you on track to retire rich?
11/14/06 Permlink | Thrift
"Yes, the typical household really can save $1 million to retire on, but most don't. Here's how your friends and neighbors are doing."

Huge debts, paid off fast
11/13/06 Permlink | Thrift
"A $150,000 mortgage erased in five years. About $49,000 in credit cards, almost gone in just a year. These debt-payoff champions share their secrets."

Why your 'lizard brain' makes you a bad investor
11/05/06 Permlink | Thrift
"Investors often make foolish financial decisions, and lots of folks are trying to figure out why. Specialists in behavioral finance have sketched out some of our more persistent mental mistakes. Neuroeconomics is looking at how the brain functions. Happiness researchers are trying to understand why our rising standard of living hasn't made us happier. Now, some experts are turning to evolutionary psychology. Why do we make so many financial errors? Maybe, deep down, we're just cavemen and women."

'Dilbert' deserves the economics Nobel
10/11/06 Permlink | Thrift
"Quietly hidden in Adams' groundbreaking work is a financial formula so simple it rivals Einstein's E=mc2. In its original form Adams' formula was apparently so heretical and so explosive that no major house would touch it when he proposed publishing it as a one-page book. After initial rejections, he announced sadly that "if God materialized on earth and wrote the secret of the universe on one page, he wouldn't be able to find a publisher" either. Fortunately for America's 95 million investors, Adams' secret nine-point formula was finally revealed in "Dilbert and the Way of the Weasels." Notice its simple brilliance in the exact reproduction of his formula"

Extreme saver
09/08/06 Permlink | Thrift
"When Jessica Nixon began her first job at Whataburger, her father gave her some pretty sage advice: start saving early for retirement. She was not even 16 years old at the time, but she took his recommendation to heart almost immediately, socking away 10 percent of every paycheck. Now 23, the Dallas-based electrical engineer has transformed herself into a financial wunderkind, having put aside $49,000 towards retirement, and an additional $20,000 that she has earmarked for a home and a new boat. "Saving to me is another bill you have to pay," says Nixon. "Saving comes before a lot of other things.""

How we did it
08/05/06 Permlink | Thrift
"We asked readers to tell us how they met major financial or life goals and the answers that poured in were extraordinary. Whether you want to get rich on a middle-class salary, turn your hobby into a business, escape the rat race, or pay off your house in three years, we found the tips you need to succeed - from people who've actually done it."

Financial infidelity is rampant
07/13/06 Permlink | Thrift
"Is it cheating if you lie about where the money went? Yep. And it's every bit as damaging to your relationship as the physical kind."

Today's graduates face a world that is seriously tougher
06/17/06 Permlink | Thrift
"Many older people believe that young people are spoiled and self-indulgent. Worse, they are blissfully unappreciative of how difficult things were in days of yore. In lots of ways, if not most, the reality is just the reverse: Many older people are unaware that today's college graduates face a world that is seriously tougher."

Why so many grads 'fail to launch'
04/08/06 Permlink | Thrift
"Many 20-somethings find themselves moving home to live with Mom and Dad, just like the movie 'Failure to Launch.' Blame it on the inertia -- and some very real challenges."

Extreme savers: meet the parkers
03/31/06 Permlink | Thrift
"The Parkers know all about scraping by, even though they make plenty of money. Michelle, 33, and Rob, 34, were high school sweethearts, they got married in college and managed on only $8,000 in income for the first year of their marriage. Fourteen years later the couple makes a combined $128,000 but their love, and thrifty lifestyle, has stayed with them."

5 mistakes investors just can't afford
03/25/06 Permlink | Thrift
"Research shows that investors are generally irrational and overly impressed with their acumen. Here are 5 rules to help you head off your worst investing impulses."

Kids: Bad investments, big returns
02/25/06 Permlink | Thrift
"A potential mom does a detailed cost-benefit analysis of what having a child will mean and nearly scares herself to death."

The fantasy - and reality - of your own business
02/12/06 Permlink | Thrift
"According to the latest figures from the Internal Revenue Service, the average sole proprietor (i.e., non-farm businesses that filed a Schedule C) reported net receipts of about $53,272 in 2003. The average net profit: About $11."

Is marriage cost effective?
02/11/06 Permlink | Thrift
"Ebenezer Scrooge should have reserved his scorn for St. Valentine's Day. The typical American is going to spend about $100.89, according to the National Retail Federation. That's up from $97.27 last year. A pricey holiday getting pricier thanks to the notion -- inspired by gobs of advertising -- that you will spend your life alone and unloved if you don't pony up lavish gifts and cheap sentiment on Feb. 14."

More nickel-and-dime fees to fly?
02/05/06 Permlink | Thrift
"We've become accustomed to paying a buck or two for soda or a bag of nuts, but such charges are going to get much more common. And that may not be a bad thing."

Frugality: You get it from your kids
01/22/06 Permlink | Thrift
"Having children can devastate your ability to save. But look at it another way: parents need less in retirement because parenting cleverly trains them to live on less."

You're worth $135,500
12/16/05 Permlink | Thrift
"The country's net worth reached $4.4-trillion at the end of the third quarter, valuing Canadians' net worth at $135,500 per capita, Statistics Canada reported Friday."

Your holiday present
12/11/05 Permlink | Thrift
"Commercialism runs rampant this time of year and while this type of consumerism is good for the economy and makes all those malls seem like the place to be it also usually means that January and February - when the bills start arriving - can be pretty tight financially. This is made worse by the fact that some many people wait until then to do their RRSP contribution as well."

When status has too high a price
12/10/05 Permlink | Thrift
"Dr. Shaun Saunders, a researcher at the University of Newcastle in England, studied more than 1,000 people and found materialistic folks who try to keep up with the Joneses are more likely to be angry, depressed, frustrated, and anxious."

Walking the line between scrooge and santa
11/23/05 Permlink | Thrift
"Here's how to prevent dreams of the Sugar Plum Fairy from becoming a nightmare when the credit-card bill arrives: Develop a holiday spending plan."

3 big reasons couples fight about money
11/14/05 Permlink | Thrift
"Arguments about money are often really struggles for power. Managing these issues can smooth out the bickering."

Don't wind up divorced and destitute
11/06/05 Permlink | Thrift
"The worst thing you can do is to ignore money matters while you're married. Here are 9 ways to divorce-proof yourself now."

Save big on a tiny income
10/23/05 Permlink | Thrift
"19 ways -- and counting -- to save when you make next to nothing."

Is your kid a spoiled brat?
10/06/05 Permlink | Thrift
"Instead of an iPod nano, give your kids the tools they need to be financially independent adults."

Blogging toward financial sanity
10/03/05 Permlink | Thrift
"I was skeptical about starting a blog, but then a real community emerged -- and together, we're bucking up our fiscal resolve to battle spending and debt."

8 financial train wrecks you can avoid
09/30/05 Permlink | Thrift
"'Just because they say 'I love you' doesn't mean they'll pay you back' -- and other tales of money misery. Watch. Learn. Take notes."

Steer clear of 'flood cars'
09/25/05 Permlink | Thrift
"Hurricane Katrina swamped hundreds of thousands of new and used cars. Some of them will be polished up and sold in used car lots near you. Here's how to protect yourself."

Protect your wallet in a divorce
09/25/05 Permlink | Thrift
"Making plans to preserve your assets in case of a divorce may not be very romantic. But with half the population headed for divorce court after a trip down the aisle, it's not such a bad idea."

Using debit is better than paying ABM fees
07/22/05 Permlink | Thrift
"With almost every financial institution charging non-customers up to $1.50 to use its automated banking machines, the number of transactions where people used ABMs from other financial institutions fell to a 10-year low last year. Meanwhile, usage of direct payment notched yet another year of solid growth. The numbers are a confirmation of a growing recognition that the cost of using any old bank machine is one of the biggest wastes of money in financial services today, whereas debit represents one of the best values."

Confessions of a compulsive shopper
07/22/05 Permlink | Thrift
"Maxed-out credit cards, more than $50,000 in shopping-related debt and the slow realization that she chatted more with other Gymboree-obsessed moms than she did with her own family finally convinced Rogers that she needed to kick her habit."

How a single mom makes it on $31K
07/03/05 Permlink | Thrift
"While I admire the folks who were born smart about money, my true heroes are the ones who had to struggle to find that precious commodity I call financial sanity."

Start with saving
05/08/05 Permlink | Thrift
"It's a lot like the old personal finance chestnut, "Pay yourself first," but I like it because it indirectly forces you to start spending less. And that's what we humans need."

Are seniors gambling away their retirement?
04/25/05 Permlink | Thrift
"With casinos, slot machines and poker parlors on seemingly every corner, a growing number of seniors find themselves addicted -- and losing their nest eggs."

A failure to negotiate
04/24/05 Permlink | Thrift
"Although women have certainly made plenty of progress in the workplace over the past three decades, the glass ceiling remains firmly in place at many companies -- especially when it comes to compensation. But some experts now suggest that the wage imbalance between the sexes could have as much to do with women's failure to negotiate well as any other factor."

Low-cost, low-tech ways to protect your home
04/01/05 Permlink | Thrift
"It doesn't have to cost a fortune to make your home safer. Here are some deterrents to thieves that are simple and work."

How much is enough?
03/21/05 Permlink | Thrift
"I came into a tidy little windfall, and my first thought was . . . I want more. But working the numbers helped me realize I might already have enough."

The lies we tell
03/14/05 Permlink | Thrift
"Be honest, now: Have you ever told your spouse you paid less for something than you really did -- say, a great pair of shoes, or maybe that very cool 52-inch TV now gracing the family room?"

Suddenly single
02/24/05 Permlink | Thrift
"When her husband died suddenly at 58, JoAnn Russe found she knew little about her family's finances."

Can frugal living make you happier?
02/22/05 Permlink | Thrift
"Without conventional pensions, it's hard to shake the nagging anxiety of geezerhood: Will we outlive our money? A New Yorker cartoon hanging on our refrigerator says it all. A man tells his wife: "If we take a late retirement and an early death, we'll just squeak by.""

Luxuries you can live without -- and should
02/20/05 Permlink | Thrift
"Correct me if I'm wrong, but it wasn't that long ago when the mere concept of Williams-Sonoma (or Restoration Hardware, Crate & Barrel, et. al.) would have struck most folks as . . . nutty."

Free land in the heartland
12/26/04 Permlink | Thrift
"Small towns in Kansas, North Dakota and other states are rolling out the red carpet for newcomers."

Deadline looms for RESP grants
12/12/04 Permlink | Thrift
"In a survey conducted for Heritage Education Funds, Decima found only 15% of parents realized the RESP contribution deadline is December 31. Unlike the RRSP deadline, which allows for contributions within the first 60 days of the new year, RESP contributions must be made within the calendar year to qualify for the federal grant."

Successful investing starts with saving
12/07/04 Permlink | Thrift
"To profit as an investor, you need to regularly divert money into your investment account. Here are ways to save -- and the best ways to invest the cash."

4 ways to simplify your life and save
11/29/04 Permlink | Thrift
"Alas, most people have seen the same tips a thousand times: * Live on less than you earn. * Track your spending so you can see where your money goes. * Never buy anything new. * Whenever possible, slaughter your own livestock, etc."

The high cost of smoking
11/18/04 Permlink | Thrift
"Add it up: cigarettes, dry cleaning, insurance, breath mints. And the toll doesn't stop there."

Retirees don't have to be so frugal
11/17/04 Permlink | Thrift
"Maybe you don't have to order the early-bird special after all. Many retirees have trimmed their spending during recent years, and it isn't just because of plunging bond yields and tumbling stock prices. Instead, they have been reacting to dire warnings from Wall Street, cautioning them that their portfolios can't sustain the sort of withdrawal rates that used to be considered safe. Feeling pinched? Don't resign yourself to a lifetime of scrimping and saving just yet."

Destination disaster
11/14/04 Permlink | Thrift
"Did I ever feel saddened by the loss of those students who did not return after my depressing lecture? Not at all. If they were sufficiently discouraged in just two hours to abandon their fledgling aspirations, I helped save them time and money and spared them a trip down the road to failure. It's far less costly to abandon a business in the classroom or on paper than in the dog-eat-dog atmosphere of the real world."

Unlucky in riches
11/10/04 Permlink | Thrift
"For a lot of people, winning the lottery is the American dream. But for many lottery winners, the reality is more like a nightmare."

A reality check on your financial fantasies
11/01/04 Permlink | Thrift
"Waiting for the lottery or for Prince Charming to come and wipe away all your personal finance woes? It's time to stop dreaming and face reality."

Most expensive colleges
10/24/04 Permlink | Thrift
"Quick: What will $36,750 buy you? Only a year's worth of tuition at the country's most expensive college, not including room and board."

Battle your budget back into shape
10/23/04 Permlink | Thrift
"Household budgets don't run themselves. When yours begins to break down, don't run away -- roll up your sleeves and start getting it back into condition."

Fast-forward and grow rich
10/16/04 Permlink | Thrift
"If you consider the 61 hours of ads the average American sees each month, there's nothing more expensive than free TV. Here's why the alternatives pay off."

From debt to wealth on $10 a day
09/27/04 Permlink | Thrift
"How would you like to be free of credit card debt? To have a financial cushion to fall back on?"

Rich Man, Poor Man
09/19/04 Permlink | Thrift
"But here's the ironic part of it. If, from the beginning, the little guy had adopted a strict policy of never spending more than he made, if he had taken his extra savings and compounded it in intelligent, income-producing securities, then in due time he'd have money coming in daily, weekly, monthly, just like the rich man. The little guy would have become a financial winner, instead of a pathetic loser."

Women's guilty secrets about spending
09/03/04 Permlink | Thrift
"It's a hidden bit of behavior so many women share: They don't want the men in their lives to know how much they spend on clothes."

Are we saving too much?
08/15/04 Permlink | Thrift
"I have to admit this isn't a question I get every day. In fact, I've never gotten it before. Given the spendthrift habits of most Americans, it's just not something that's ever come up. Saving too much? It's almost like asking whether someone can be too rich or too smart."

13 ways to live well on less
08/13/04 Permlink | Thrift
"Every dollar you spend has consequences elsewhere in your life. Remembering that will change the ways you spend and save."

The lottery-ticket retirement plan
07/16/04 Permlink | Thrift
"You've got better odds of saving a good nest egg than winning one -- but there are ways to improve your chances, if only slightly."

Can't banish budgeting? This software's for you
07/07/04 Permlink | Thrift
"One of the reasons for the success of David Chilton's The Wealthy Barber was that it rejected budgeting on the belief that it doesn't actually work. Instead, he suggested the more commonsensical pay-yourself-first strategy, where you invest with money that you take off the top of your take-home pay rather than using what's left over after expenses are paid."

Debit-card fees sneak up on shoppers
06/29/04 Permlink | Thrift
"More banks are tacking on point-of-sale fees of as much as $1.50 -- and aren't adequately warning customers, some groups say. Watch your bank statement to find out."

3 steps to slaying your money demons
06/14/04 Permlink | Thrift
"If you're bedeviled by fear, confusion and denial when it comes to your personal finances, join the crowd. Here's your head start on an exorcism."

The Kings and Queens of mean
06/10/04 Permlink | Thrift
"Here are 20 more rich and famous people who keep a tight grip on their dosh"

Secrets to 'living lite'
05/15/04 Permlink | Thrift
"Forgetting about the Joneses is just one of many reader tips for dropping out of costly lifestyles that deplete your financial and emotional stores. Here's how you, too, can live well on less money."

What Mom taught us about money
05/07/04 Permlink | Thrift
"In honor of Mother's Day, we asked our readers to send in the best financial advice their mothers ever gave. And hey, it turns out, money really doesn't grow on trees and you shouldn't spend it all in one place."

Bummed out? Bad time to shop
03/25/04 Permlink | Thrift
"Think you paid too much for a little gift you bought yourself after a tough day at the office? A new study suggests your emotions may have pushed you to a bad decision."

How to lead a rich life
02/27/04 Permlink | Thrift
"These accounts of the rich and spendthrift point to one big question: What does all that income and spending add up to? A lot of nothing, it turns out. One of the more shocking measures of our "prosperity" is the fact that the United States spends more on trash bags than 90 other countries spend on everything. In other words, the receptacles of our waste cost more than all of the goods consumed by nearly half of the world's nations."

Making 'cheap' romance memorable
02/12/04 Permlink | Thrift
"Quick: what are the three most romantic gifts you've ever gotten? I'll bet at least one or two of them cost very little, if anything at all."

Start on your first $1 million at age 16
01/29/04 Permlink | Thrift
"It's easier than you think to become a millionaire. The magic combo? Getting an early start saving and having the discipline not to raid the piggy bank."

10 fat warnings about diet products
01/22/04 Permlink | Thrift
"Don't be tricked by companies peddling weight-loss products and plans. Instead, digest some facts about the fabulous claims, testimonials, guarantees, machines and wonder supplements that sound so appealing."

5 steps to wedded wallets
01/19/04 Permlink | Thrift
"We exchanged vows before we exchanged views on health insurance. Now our finances are proof that opposites attract -- but we've hammered out a budget that works."

The 'yo-yo' car sale trap
01/15/04 Permlink | Thrift
"You've got your new car. You showed it off to all your friends. You've driven it to work a few a times. You love it. Then you get a scary phone call."

Be sure to compare service fees if you use your card a lot
01/09/04 Permlink | Thrift
"Here's how the credit card business works. Dazzled by rewards that suggest lifestyles of the rich and clueless, people sign up for cards and end up paying bloated interest charges and/or a vast array of service fees."

Ten helpful tips for saving and investing this year
01/03/04 Permlink | Thrift
"Eat less, exercise more. Now that we've taken care of your physical well-being in 2004, let's talk about your financial health. No lectures here. Instead, we'll look at 10 easy-to-follow tips for saving money and investing smarter. You may have heard some of these before, but they bear repeating."

Keep more in 2004
12/31/03 Permlink | Thrift
"Here are 8 resolutions: pick one or two and stick with them to bolster your finances next year."

Beware the tricky fees on gift cards
12/19/03 Permlink | Thrift
"Between hefty shipping, maintenance and service fees, all the cheer can be sucked out of gift cards -- and most of the value. Here are 10 questions to ask if you give one or get one."

Scrooge of the investing world
12/13/03 Permlink | Thrift
"A a time of year when most people are beingurged to spend, Norman Rothery is going about his business of urging people to be thrifty in how they invest their savings. Examining the menu over a Diet Pepsi at Pangaea, in the heart of the fashionable Bloor Street shopping district in downtown Toronto, the founder of StingyInvestor.com and FrugalFunds.com and publisher of two quarterly newsletters is an unlikely Scrooge -- more of a happy warrior of the value investing world."

Watchdog says car dealer scams are rampant
12/10/03 Permlink | Thrift
"A report released Monday by Public Citizen, the consumer watchdog group founded by Ralph Nader, accuses the nation's car dealers of wholesale fraud and asks all state attorneys general to investigate."

Rip-off room revisited
12/07/03 Permlink | Thrift
"Extended warranties, rust-proofing, Scotchgard: Is this stuff ever worth it?"

A new charge called 'Oops'
12/04/03 Permlink | Thrift
"Every few years, economists identify another mutant variation of inflation to keep them awake at night. In the 1980's, it was stagflation. Three years ago, it was deflation. And now, meet the economic specter of the new millennium: stealth inflation."

9 ways to look rich but live cheap
11/10/03 Permlink | Thrift
"Rise above your measly income and worn-out shoes. You can live the Simply Fabulous lifestyle and enjoy cushy perks even without being adopted by the Rockefellers."

How cheapskates get away with it
10/20/03 Permlink | Thrift
10 classic cheapskate strategies.

5 ways to stop the urge to shop
10/18/03 Permlink | Thrift
"If you can still pay your bills, you might not think you have a problem. I didn't think I had a problem, either -- until I asked myself why buying shoes felt so good."

How to fend off kids selling stuff
09/29/03 Permlink | Thrift
"No more magazine subscriptions! No more wrapping paper or candles! Stand up to these pint-sized salespeople and their adult accomplices."

How to survive 7 big budget busters
09/29/03 Permlink | Thrift
" Most budget advice focuses on carving savings out of your discretionary spending -- how much you blow on lattes or health clubs or eating out. But interviews with credit counselors and bankruptcy attorneys show it's more often the expenses you consider fixed or beyond your control that can cause you serious financial trouble."

Fees! Fees! Fees!
09/22/03 Permlink | Thrift
"Companies can't raise prices, so they're socking consumers with hundreds of hidden charges--and that's creating stealth inflation and fueling a popular backlash"

Is your degree worth $1 million -- or worthless?
09/20/03 Permlink | Thrift
"Look before you leap into spending a small fortune on an associate's, bachelor's or graduate degree. If money is your motivation, learn which ones really pay off."

10 ways you mindlessly waste money
09/16/03 Permlink | Thrift
"Silently, secretly, your money disappears under some hideous voodoo spell, right? No way. Take a look at some ways you're flushing your cash down the loo -- and what you can do about it."

A latte today or $1 million tomorrow
09/15/03 Permlink | Thrift
"Can you cut the caffeine and stay out of Starbucks? You could be on your way to piling up $1 million. The choices: a quick coffee fix now -- or drinking in a more secure retirement later."

The cost of the good life
09/15/03 Permlink | Thrift
"Spending on stuff seems a never-ending spiral in America; there's always something new to buy."

The fine art of splitting a check
08/29/03 Permlink | Thrift
"It's the moment of ugly truth: Your dear friends are appetizer-hogs, dessert-grubbers and drink-downers. And they ordered pheasant under glass. So . . . shall we just divide it 6 ways?"

You might be a shopaholic
08/25/03 Permlink | Thrift
"Turns out 1 in 20 of us -- women and men alike -- can't control the urge to spend. Learn what drives this destructive behavior."

How to cope with a cash crisis
08/18/03 Permlink | Thrift
"I find that money disasters tend to hit all at the same time, and it's always the worst possible moment. Here's how to assess your situation and get back on your feet."

What college doesn't teach you
08/15/03 Permlink | Thrift
"The irony is that there's a whole world of math that would have been useful to learn. I'm talking here about the math of personal finance -- borrowing, budgeting, banking and such."

10 biggest summer spending blunders
06/29/03 Permlink | Thrift
"Amid the lazy days and sunny hours ahead lurks an insidious evil -- the urge to overspend on just about everything. Fun-seekers, beware: It can creep up on you like a tight swimsuit."

Turn $1 a day into $67,815
06/26/03 Permlink | Thrift
"Want a foolproof way to turn $1 a day into $67,815? It doesn't take a lot of money or time or personal sacrifice. There's no magic, no multilevel marketing and no salesman will call at your door."

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Disclaimers: Consult with a qualified investment advisor before trading. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. More...