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When Buying Cheap is Dumb

A quick shout-out to a Time.com Q&A with Boston University professor Ellen Ruppel Shell, who has a new book out titled Cheap: The High Cost of Discount Culture. The author is right on the money, excuse the pun, that, when it comes to saving, just plain buying less is a much smarter approach than buying lots of cheap stuff. Also, it’s …

Big and Little League Baseball Hit by Recession

Knowing how sports fans from outside the New York metropolitan area feel about the city’s sports franchises (“Evil Empire” anyone?), people from around the U.S. must get a little joy in watching the Big Apple squirm just a bit as it looks to soon be home to five big-time sports venues—and no realistic plans to fill all of the seats on …

It’s a Deal: £1 Hotel Rooms in London

The Hoxton Hotel in London periodically offers rooms for just £1, and the next sale starts tomorrow, July 2, at 12 p.m. London time (7 a.m. EST). At that time, 500 rooms will be offered for £1 per night for reservations between August 1 and October 31, and another 500 rooms will be offered for £29 (about $48). More info here.

Gas for $1.49 a Gallon, Guaranteed

Hyundai has a promotion starting today: If you buy or lease a new Hyundai between now and August 31, you’ll receive a special gas card that guarantees you’ll pay $1.49 a gallon for one year. The promo would have been an even more enticing a year ago, during the days of $4 a gallon, but still, it’s a pretty decent deal if you’re in the …

A Reminder That Many Gift Cards Go Unused

As the WSJ reports, many states are boosting revenues by collecting so-called “abandoned property,” including unused retail gift cards. If a card is not used in as few as two years after being purchased, the states can claim the card’s value.

Mass. Tollpayers: Sometimes Free Isn’t Enough

There’s an interesting conversation over at the Boston Globe website. Even after Massachusetts dropped the maintenance fees on time-saving Fast Lane transponders, one-third of tollpayers still go to the booth to hand over payment in person. Cars with the transponders zip along past tolls, while those without wait in line gathering …

FreeFest: Tickets Still Available (for Volunteers for the Homeless)

On Saturday, 35,000 tickets were given away for Virgin Mobile’s FreeFest, an all-day concert on August 30 in Columbia, Md., with Blink-182 at the top of the bill. Tickets are (mostly) free: Attendees are being asked to donate $5 per ticket to homeless youth organizations. But USA Today reports that fans who were shut out of the initial …

No Regrets Buying Cars, TVs, and Other Big-Ticket Items

Fascinating story in the Times Science section about how consumers buy things, and the relative happiness those things bring consumers. One part of the story discusses Spent: Sex, Evolution and Consumer Behavior, a new book by Dr. Geoffrey Miller. Dr. Miller says that in some instances, people express regret over spending lots of money …

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