When asked, readers listed going to college, buying gold, and cooking at home, among other things. Not everyone agreed.
A recent Ramit Sethi post began with a simple question: "What are areas where people THINK they're making a lot of money, but actually don't?"
Ramit, who blogs at I Will Teach You To Be Rich, suggested some possible answers: buying a house (hopefully everyone has figured that one out) and picking individual stocks (best not left to amateurs, we think).
What came next were comments from some very astute readers. Among them:
Buying something for the tax deduction.
How to avoid rip-offs when you buy tickets to concerts this summer.
Concert ticket economics can be a little hard to untangle, especially when you are buying through the secondary market. Sometimes, even when demand dips, prices rise.
Take this year. Concert attendance for the first three months slipped 3% over the same period in 2009, according to Live Nation Entertainment, a leading concert promoter. Yet spending per concertgoer over the same period ticked up 2%, to $59.71, and prices on the secondary market -- brokers like StubHub.com or TicketNetwork.com -- rose by an average of 8%, according to SeatGeek, an aggregator of secondary ticket site prices.
Other big airlines match Frontier deal, with fares starting at $39 one way.
If you're kicking yourself for not booking a Memorial Day weekend getaway, you may have another chance.
Frontier Airlines is offering weekend airfares starting at $39 each way on more than 700 routes, and other airlines have matched the fares on competitive itineraries. The fares are good for travel May 27 through June 1, and tickets must be purchased by May 31.
Like all airfare sales, this one may or may not include the trips you want to take.
He realized that most of the clothes he owned hadn't been worn in a very long time.
About a year ago, on the advice of GRS readers, I started an experiment. I took all of the shirts and sweaters from my clothes closet and moved them into our spare room.
Whenever I needed something to wear, I checked the clothes closet first. If what I needed wasn't there (as was often the case at first), I went to the spare room to find it. After I'd worn a shirt or sweater once, it was allowed to return to its home in the main clothes closet.
The results of this experiment probably won't be very surprising. After a couple of weeks during which I was reclaiming my favorite shirts, most of the rest remained unused. For an entire year.
We pity the poor concierges who had to respond to these questions.
Will your credit card's concierge service really change your hotel reservation, extend your stay and (gasp!) have a real person on the other end of the line when you call with your request?
Oh, yes, and so much more, it appears. (That's good to know because this kind of service is becoming increasingly common.) In fact, John Hargrave wrote about how he put his credit card concierge service to the ultimate test in a guest post at The Blog of Tim Ferriss, the four-hour workweek man. To do so, Hargrave submitted five "incredibly ridiculous requests."
It takes 10 minutes a day to brush and floss. Doing so can save you thousands of dollars, a lot of pain and, oh yeah, your teeth.
What about all the insurance-less folks who don't have a friend in the business? My sister has two words for them:
About 50 million American adults don't have enough credit data to generate a regular credit score.
How can you build credit when you have no credit? We've received this question from several readers recently. Some want to know how to build credit without a credit card, or how to build credit without getting a loan.
Until recently, the answer to these questions was simple --you can't. The three major credit-reporting agencies (TransUnion, Experian, and Equifax) all collect information on repayment of credit cards, car loans, mortgages, and other forms of debt. If you've never borrowed money, you don't have a credit score or history. Here's why.
Wal-Mart won't make you scream to get free ice cream, but you'll have to RSVP if you want a free Chick-fil-A sandwich.
Thank goodness it's Friday and time for Friday food deals and freebies.
Some of last week's deals are still good, including Taco Bell's $2 meals, a promotion that's likely to last for a while.
Wal-Mart is celebrating the "Joy of Ice Cream" Saturday, May 22, something we certainly agree is worth celebrating. During the event, you can get a free ice cream sundae while supplies last. The store will offer Breyers and Blue Bunny ice cream and frozen yogurt, with Hershey's chocolate syrup, Reddi-wip and fresh strawberries. Most stores will celebrate from 11 a.m. to 4 p.m., but you can check the hours for your local store here.
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