Friday, April 30, 2010

How to Save Money With Price Matching?

Plenty of stores promise to match competitors prices, but watch the fine print. You can win with price matching, but only if you do it right.

There are some rules which you have to abide, else the cheaper prices don't count for anything.

Wednesday, April 21, 2010

Kim Komando's Tips To Save Money on Printer Ink

You know why printer manufacturers slash the price of their printers? Well, they make their money from selling printer ink. Just buying 4-5 catridges is about as expensive as the printer itself.

If you have a home office and require extensive printing, you definitely need some tips to save money on printer ink.

In this video, Kim Komando shows you how. As always, she has some good suggestions up her sleeves.

Thursday, April 15, 2010

How Did The Economy Collapse?

In 2007, the economy was robust and the stock market in a bull run. 12 months later, the stock market went into a tailspin, credit market froze, and unemployment surges.

The Onion has a superb illustration...

economy crash

Friday, April 9, 2010

Money Joke: Buy A Bike To Save Money

Son: Dad, would you like to save some money?

Dad: I certainly would, son. Any suggestions?

Son: Sure. Why not buy me a bike, then I won't wear my shoes out so fast.

Saturday, April 3, 2010

Mind-boggling Personal Bankruptcies In March 2010

The number of personal bankruptcies in March has reached mind-boggling levels. Federal reports indicate 158,000 bankruptcy filings in March. That works out to 6,900 per day and a rise of 35% from February.

The reason for this jump is mainly due to unemployment which rose to nearly 17% for all categories labeled by the U.S. Labor Department.

Katherine M. Porter of the University of Iowa said: "Fewer people are trying to save their homes. ... They realize their payments are not affordable and bankruptcy judges do not have the power to adjust the mortgages to make them more affordable."

The greatest rise in bankruptcy filings are under Chapter 7, which is easier than Chapter 13. With Chapter 13, you need ongoing income and are able to reorganize your debts. Of the 158,141 bankruptcy filings in March, some 75%, or 118,505, were under Chapter 7. Chapter 7 filings have increased about 73% in 2009.

Professor Porter went on to say, "We think that means fewer families think they're really going to save their homes. ... They don't have any equity, so why try to keep up with their home payments? People use their tax refunds to pay their attorney fees."

The personal bankruptcies statistics contrast sharply with the ongoing stock market rally and Wall Street exuberance. This makes me wonder: when will fantasy and reality come together?