If you think it’s nuts to wait in line for a few hours to take advantage of Black Friday deals, wait until you meet the shoppers who are camping outside stores over a week before sales start.
How to Save For Your Dream Vacation
I just returned from a six-week vacation to Bolivia and Peru. Since the beginning of October, I’ve been climbing mountains, exploring ancient ruins, and sipping pisco sours. Many folks dream of taking trips like this, but few …
Why Orange Juice is More Expensive on Saturday
A few weeks ago, when I was in Tokyo, I happened upon a camera store selling just what I was looking for, at a price that was simply too good to refuse. However, the more advanced model was also on sale. This left me with a …
We Buy Fun Stuff With Credit, Dull Stuff With Cash
It’s well-documented that people cut loose and spend more when they’re paying with a credit card rather than cash. Scientists refer to this as a “decoupling of purchase from the pain of payment” — essentially, we don’t perceive credit cards as “real money.” But a new study takes this observation a step further by postulating that we …
Fewer Foreclosures Near Top Public Schools
A new analysis of foreclosures shows that the expression “safe as houses” could be expanded to “safe as houses in a really great school district.”
Angie’s List IPO: So Maybe a Paid-Membership Business Model Can Work?
The initial public offering of Angie’s List, the membership-only site offering consumer reviews of contractors, mechanics, and other local businesses in hundreds of communities around the country, is being viewed as an enormous …
8 Money Habits That Separate Doers From Dreamers
When it comes to securing financial security, are you a doer or a dreamer? By definition, financial doers have a better shot at reaching their retirement goals. No real surprise, they also have a much better shot at raising …
Black Friday: Skip the Mall, Head to the Car Dealership?
Everybody knows that Black Friday (or perhaps Black Thursday, since sales now start on Thanksgiving) has a reputation for terrific deals on electronics, clothing, and other holiday gifts. Is next Friday also the best day of the …
More Americans Calling it Quits: Another Sign the Job Market May be Better Than it Looks
With 14 million people unable to find work and job prospects seemingly bleak, why are more employees calling it quits?
More Americans Calling it Quits: Another Sign the Job Market May be Better Than it Looks
With 14 million people unable to find work and job prospects seemingly bleak, why are more employees calling it quits?
Curious CapitalistEconomy & Policy
Why Europe Needs New Leadership
The Italians have a new word for their new leadership: Government Sachs. It’s a nod to the new crew of technocrats with shocking similar resumes – academic stints in economics in the US, bureaucratic jobs in the EU, time at Goldman Sachs – who are taking over in Europe. The technocrats now running Italy, Greece and the ECB certainly know …
Surprise — CARD Act Disclosures Don’t Motivate Debtors
Chalk it up to the law of unintended consequences: A team of American and British researchers found that when debtors are presented with information about how much interest they will pay if only minimum payments are made — …