Progressive is the latest auto insurer to ask customers to put monitoring devices in their vehicles. Privacy advocates are yelping. This driver thinks the idea should be taken even further.
This post comes from Lynn Mucken at MSN Money.
Tailgating them are privacy guardians, who can't find anything wrong with the voluntary program but worry aloud that, like candy cigarettes, this could be a threshold product that leads to future abuses.
Credit and charge cards that have no preset spending limit aren't really a license to charge as much as you'd like, and they can damage your credit score.
This post comes from Odysseas Papadimitriou of CardHub.com.
To some people, the idea of a credit card that allows unlimited spending might sound too good to be true. To many others, it sounds too good to pass up. And to credit card companies, the illusion of a limitless spending vehicle is an extremely lucrative one.
It is therefore obvious why consumers are generally confused about the existence of such a credit card and why issuers are making no move to clear up this uncertainty.
Some big banks are considering restricting the size of debit card purchases. It's part of their response to proposed federal regulations.
What if your debit card no longer worked for purchases exceeding $50 or $100?
That's one of the ideas big banks are floating as they battle a proposed limit on how much they can charge merchants each time you swipe your card.
This idea isn't going over well in all quarters. Wrote The Budgeting Babe:
Talk about alienating your customers! I use my debit card for everything -- including monthly automatic bill pay for a few accounts that definitely charge more than $100 per month. And now the banks want us to use credit for that. Credit?! Just when America was learning to wean ourselves off our credit cards!
A $35 purchase can net you $225 in savings in the first year.
Bold statement alert: The best money-saving device that you may ever purchase in terms of return on investment is a low-flow shower head.
Why use a low-flow shower head? One 10-minute shower with an inefficient shower head uses 55 gallons of water (5.5 gallons per minute, or gpm) on average, while an Energy Star model uses less than half that at 2.5 gpm. Most shower heads made before 1992 have a 5.5 gpm flow.
Employers might as well embrace the tournament as a way to build company morale and workplace camaraderie.
Employers may not be looking forward to March Madness.
According to a report from outplacement company Challenger, Gray & Christmas Inc., an estimated 8.4 million work hours will be lost to the annual three-week-long tournament set to begin today (March 15).
Challenger says if you multiply that figure by $22.87, the average hourly earnings among private-sector workers, the financial impact would exceed $192 million.
They're extremely well-reimbursed by anything but Wall Street standards, but too many are ill-prepared if the cash spigot stops flowing because of a work stoppage.
This post comes from Lynn Mucken at MSN Money.
The all-but-assured National Football League work stoppage -- that means no Sunday football next fall -- has been described as millionaires vs. billionaires, a contest to see which rich guys blink first.
The 1,700 players, after all, averaged $1.87 million in pay this past season, with a median of about $700,000 and a minimum of $320,000. The owners of the 32 teams? Most were extremely wealthy before they bought their teams, and sure haven't suffered any financial setbacks since then.
States are passing laws to force Amazon to collect sales tax, and the online giant is fighting back.
Anyone who's saved money with sales-tax-free purchases online should pay attention: All that may be coming to an end as states try to recoup revenue to fill gaping holes in their budgets.
Amazon.com, as the largest Internet-only retailer with $34 billion in revenue last year, is facing the brunt of this pressure and is fighting back with all of its might. But retailers like Overstock.com and Zappos will also be affected.
If you're intent on winning a stuffed animal, play games that pit you against a lot of other players.
My favorite part about spring, besides the good weather, is the arrival of carnivals.
Carnivals are little bastions of legalized gambling wrapped up in funnel cake, sometimes less-than-safe rides and bright flashing lights. I love carnivals because you can walk around for free, listen to the cheer of the crowd as someone wins an oversized stuffed animal, and enjoy the outdoors while sampling a bit of capitalism here or there.
The cornerstone of every carnival is the game area. I say it's legalized gambling because otherwise rational people hand over real money to play fake games and win stuffed prizes.
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