A lot of folks unwittingly -- and repeatedly -- make misguided money decisions based upon well-intentioned beliefs.
The other day I was at the gas station and I observed a soccer mom topping off the tank of her bright yellow Hummer.
Thunk. Thunk, thunk, thunk. Thunk. Thunk, thunk. Thunk, thunk, thunk, thunk, thunk.
Maybe I am being a bit snooty, but I find that kind of behavior extremely annoying, not to mention just a wee bit ignorant. Don't you?
Readers share unbelievably dense comments about personal finance they've heard. Got any to add?
Talk about your latte factor! Smart Spending message board reader "AmberStorck" was told it would be silly to shell out 30 whole bucks for a coffee machine when you could just buy a cup for $3.50 at Starbucks.
Or how about this one: "I never redeem rewards points. It's just a waste of money."
Or: "I can't ride the bus because I don't know how." (Did this person fail "sitting down" in kindergarten?)
2010 sees home prices sink by $1.7 trillion. Falling taxes deprive communities of crucial services.
This post comes from Marilyn Lewis of MSN Money.
Since housing values started plummeting in 2006, the U.S. housing market has lost almost $9 trillion -- enough to fund 12 Iraq wars. That's the news from researchers at Zillow, the online real estate marketplace.
A big chunk of that loss -- $1.7 trillion -- was shed in 2010 alone.
"That's 63% more than the $1 trillion in value that homes lost last year," The Wall Street Journal points out.
More employers plan to reward workers with gifts, bonuses and parties. But some are more generous than others.
All 12,400 employees of Ikea US got a bicycle from their employer as a holiday gift this year.
Meanwhile, Googlers (that's what employees of Google are called) are getting a $1,000 Christmas bonus -- and that's after the notably generous employer picks up the taxes on the gift. (Other employers take note: Googlers are getting a pay raise of at least 10% next year too.)
What's in store for the rest of us -- at least those of us who are on a company payroll?
With constant updates on social media, who needs an end-of-year message? Yet some folks see hope for paper cards.
Back, oh, about a decade ago, I found the perfect holiday cards. But then I got busy, and I never sent them, so I put them away for next year. Next year came, and the next, and those cards are still sitting in a closet somewhere.
Between your excuses and mine, fewer people are sending Christmas cards. Holiday greetings on paper haven't yet gone the way of white gloves, but they are getting less popular, particularly among younger people. Some people, to save money or save paper, send e-mail greetings instead.
Chocolate, digital music, ammo and lots of your other favorite things have become more expensive in 2011.
Updated: May 19, 2011, 8:30 a.m. ET
This post comes from Beth Pinsker at dealnews.com.
The cost of technology goes down steadily, making HDTVs and Blu-ray players today a much better deal than they were a year ago. It's too bad that most other things rise in price.
Here's a list of 10 things that cost more this year than they did in 2010:
Online merchants are offering lots of shipping deals this year. More than 1,100 will be part of Free Shipping Day.
I ordered some custom-printed items the other day. When it came time to check out, the company wanted $16.95 for shipping. I had a coupon that would give me 25% off the purchase price or free shipping, but not both. I wanted both.
I dropped by the website FreeShipping.org and found a separate free shipping coupon. I got 25% off plus free shipping.
This may be the year of the free shipping wars. But if, like me, you find that every merchant is offering free shipping except the one you want to order from, you may want to wait for Free Shipping Day, which is Dec. 17.
RadioShack makes it possible this week, but there are conditions.
The iPhone 4 came out earlier this year, and it's still a hot enough product that you'll have a hard time getting it for less than $200 with a new or renewed contract. But RadioShack earlier this week announced it will be offering it for just $25.
Are there conditions? You bet there are conditions.
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