Saving & Spending

Introducing the $70 Refrigerator

Also, the $23 stove, the $2,200 automobile, the $43 water-purification system, and the $20 cell phone with 2¢-per-minute rates—all courtesy of India, where engineers and innovators are coming up with ingenious products that are within reach of the country’s poorest citizens.

BYO Bags to Save Money at Target and CVS

Much like bottled water, plastic shopping bags are viewed as wasteful and bad for the earth. They’re natural (unnatural?) targets for environmentalists and tightwads alike. Starting on November 1, all Target stores in the country will begin giving customers a discount for every plastic bag they don’t use.

New Debit Card Overdraft Law Would Change the Game Entirely

Banks have grown accustomed to reaping in big bucks off of overdraft fees—$35 or so assessed each time a customer uses a debit card when there’s not enough money in the account to cover the tab. This year, banks are expected to take in more than $38 billion (!) in such fees.

Are You Stupid to Trust SmartMeters, Unit Prices, and Energy Star Labels?

The Energy Department admits it doesn’t properly track how and when manufacturers put Energy Star labels on products. The labels’ ratings, which are supposed to indicate a product’s energy efficiency, were “not accurate or verifiable,” according to the agency. In other words, products that are supposed to save you money, and that are …

Shopping Withdrawal: Are You Bound to Binge?

For some people who have tried to go cold turkey and stop making unnecessary purchases, being good is getting boring. They’re experiencing “frugal fatigue,” and many shoppers out there are bound to crack.

Saving’s Double-Edged Sword: Good for You, Bad for the Economy

Economists say the only way you can get your finances in better shape is to save more and spend less. Economists also say that the way to get our national economy in better shape is to have people spend more—and therefore save less. So basically, right now, we should all be spending more and saving more. Right …

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