Saving & Spending

Outlet Malls Are for Suckers

A pair of jeans marked down from $75 to $60 might seem like a deal. But what if the jeans are really worth $30? Then you’re a sucker who just paid twice as much as you should have.

Q&A with “In Cheap We Trust” Author Lauren Weber

Lauren Weber’s father is cheap. Really cheap. He kept the thermostat at 50 degrees during the winter. When driving, he used hand signals to indicate he was turning to avoid burning out the headlight bulbs. He washed dishes in cold water to keep the hot water bill down. As a child, Lauren hated how cheap her father was. But she grew up …

Gen Y Consumers: Sophisticated, Confident, Materialistic, Demanding

The tech-savvy Generation Y shopper assumes quite a lot: Tons and tons of choices will be a few quick clicks away, the shipping will be free, there will be online customer ratings at their disposal, and so on. Exactly what, where, how, and why do these consumers buy, and how are retailers reacting to the way they shop? A new book offers insights.

How Many Times Can You Use a Razor Blade to Shave?

A true cheapskate disregards the term “disposable.” With a little effort—and a heap full of pig-headed, tight-wadded stubbornness—things like plastic utensils, paper cups, aluminum foil, and yes, razor blades, can be used again and again and again.

Ten Credit Card Myths

The website FoolProof uses videos and straightforward messages to warn young people (and everyone else, really) about the hazards of debt, interest, bouncing checks, and more.

Read more about the website at this story, which includes the site’s top financial myths:

–I don’t have to worry about credit at my age.

–Bad credit can’t

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