Category Archives: Savings

Being too polite to your waitress may cost you money

Full Story at LifeInc.today.msnbc.msn.com Telling your waitress that the lukewarm coffee she just brought is OK might cost you more than aggravation — it might cost you money, too. Consumers who lie to avoid confrontation are more likely to reward the people who have irritated them, scientists now say. So in the case of the [...]

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Americans spent more in Sept., but saved less

Full Story at BottomLine.msnbc.msn.com WASHINGTON — Americans spent in September at three times the pace of the previous month, even though their incomes barely budged. They financed their spending binges by saving at the lowest level since the start of the Great Recession. Consumer spending rose 0.6 percent last month, the Commerce Department said Friday. [...]

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Automakers dreaming up ways to meet new mileage standards

Full Story at msnbc.com Mazda is offering a sneak peek at its new crossover, the CX-5, which will make its debut at next month’s Frankfurt Motor Show. While the sculpted styling reveals the practical application of the Japanese maker’s new Kodo design language, what really matters is hidden under the hood.

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Surprise! Some companies are cutting prices

Full Story at money.cnn.com NEW YORK (CNNMoney) — As most consumers adjust to paying more for the things they buy every day, lower prices are a welcome surprise. Despite surging costs on raw materials that have forced many brands to raise their prices, a few small firms are announcing price reductions on their products instead. [...]

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Ohio governor slashes $8B from budget

Full Story at money.cnn.com NEW YORK (CNNMoney) — Fulfilling his promise not to raise taxes, Ohio Gov. John Kasich Tuesday unveiled a budget that slashes spending for many agencies and seeks to privatize certain government functions to eliminate an $8 billion budget deficit. “We can’t tax our way to prosperity, but we can’t cut our [...]

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New GM product chief to focus on speed, quality

Full Story at msnbc.com DETROIT — The new chief of product development at GM holds what is arguably the most important job in the company: coming up with cars and trucks that people want. There also are a few extra goals on Mary Barra’s list: Make the stuff faster and raise its quality. Barra, a [...]

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My spending fast: I paid off $18,000 in a year

Full Story atmoney.cnn.com In January 2010, I started what I called a spending fast. For a full year, the plan was that I would spend money on necessities only. No more eating out, no more movies, no more shopping, no more “wants”. I knew this was going to be intense, and I was also fully [...]

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Stop gobbling up bonds — they’re risky!

Full Story at money.cnn.com (MONEY Magazine) — Normally, investors gorge on bonds only when they’re scared out of their wits — typically because they’ve taken such a beating in stocks that they can’t bear the thought of losing one more cent. Eventually that terror subsides, only to be replaced by greed. That’s when investors spurn [...]

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Baby boomers near 65 with retirements in jeopardy

Full Story at msnbc.com CHICAGO — Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they’re hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years. The boomers, who [...]

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Cold begins to have chilling effect on gas prices

Full Story atmsnbc.com Retail gasoline prices should decline across much of the country as demand ebbs with the arrival of the winter months. The national average for a gallon of unleaded regular gasoline was $2.857 on Monday, according to AAA, Wright Express and Oil Price Information Service. That’s about 1.5 cents lower than it was [...]

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Amazon to buy Diapers.com parent company: report

Full Story at msnbc.com SAN FRANCISCO — Amazon.com Inc is expected to buy the parent company of Diapers.com for $540 million to $545 million, according to media reports. The deal will be announced on Monday, said a report on Fortune magazine’s website on Saturday, which did not cite any sources. The acquisition comes as Amazon [...]

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More employers make 401(k) enrollment automatic

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — You could be contributing to a retirement plan without even knowing it. That’s because an increasing number of companies are offering “opt-out” 401(k) plans that encourage more workers to save The percentage of employers that offer automatic 401(k) enrollment has increased dramatically to 38%, according to financial [...]

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Workers on doomed rig voiced safety concerns

Full Story at msnbc.com WASHINGTON — A confidential survey of workers on the Deepwater Horizon in the weeks before the oil rig exploded showed that many of them were concerned about safety practices and feared reprisals if they reported mistakes or other problems. In the survey, commissioned by the rig’s owner, Transocean, workers said that [...]

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House passes tax cut for small business

Full Story at msnbc.com WASHINGTON – Long-term investors in some small businesses would escape capital gains taxes under a bill passed by the House Tuesday as congressional Democrats tried to revive their jobs agenda. The bill would also increase tax deductions for startup expenses by new small businesses. The House passed the bill on a [...]

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