Smart SpendingSmart Spending

In some high-foreclosure cities, houses that used to cost $250,000 are now selling for $70,000. Here are 4 steps to buying a bank-owned property.

By Stacy Johnson Apr 8, 2011 1:36PM

This post comes from Brandon Ballenger at partner site Money Talks News.

 

Depending on where you live, the housing market is a depressing subject for homeowners, but exciting for those looking to buy.

 

"In 30 years, I've never seen a market like this," says Denny Grimes, an agent in Fort Myers, Fla. Because of a glut of foreclosed properties, it's possible to buy a house here for $70,000 that three years ago might have sold for $250,000. 

 

Too good to be true? Study shows that seniors who go shopping daily have longer life expectancy.

By doubleace Apr 8, 2011 12:17PM

This post comes from Lynn Mucken at MSN Money.


This may give new meaning to the phrase "shop 'til you drop."


Scientists in Taiwan found that older men and women who went shopping frequently tended to outlive those who went less often, even when other factors were taken into account.

 

The first step is to avoid taking on more debt. It's the most important and hardest step of all.

By MSN Money Partner Apr 8, 2011 11:48AM

This post comes from partner blog The Dough Roller.

 

I'm not a huge Dave Ramsey fan. I've listened to his show from time to time and read his books. He can be entertaining, and he has helped a lot of people. But his dogmatic, "I'm right and you're wrong" approach to personal finance rubs me the wrong way.

 

But he can be inspiring about getting out of debt. And one day several years ago, after listening to his show, I pulled out a piece of paper and wrote the following: "I will be debt-free by the age of 50."

 

I was 40 when I made that promise to myself. I'll turn 45 later this year. And last month marked a significant milestone in my journey to get out of debt.

 

What 8 choosy family members really picked.

By MSN Money Partner Apr 8, 2011 10:30AM

This guest post comes from Len Penzo at Len Penzo dot Com.

 

Before the average American kid gets a high school diploma, he or she will supposedly eat 1,500 peanut butter sandwiches.

 

Americans' passion for peanut butter doesn't stop after childhood, though. Somewhat ironically, adults eat more peanut butter than kids. In fact, almost $800 million is spent each year on the sticky stuff, which makes it one of the most frequently purchased grocery store products.

 

A good, hard guffaw won't fix your life. But it can help keep you going.

By Donna_Freedman Apr 8, 2011 9:30AM
The economy's wobbly. Your job stinks. The kids are arguing. There's not much in the fridge so dinner will probably be pancakes, again.

What you need is a good, long laugh.

Well, what else are you going to do? Cry?

I've tried both options.  

Chances are you'll save enough to have a grand time on date night -- if your mate is a safe driver.

By MSN Money Partner Apr 7, 2011 6:23PM

This post comes from Emmet Pierce at partner site Insure.com.

 

Insure.com on MSN MoneyJesse Levey recently saved $200 a year on car insurance by having a girlfriend. The 31-year-old Californian, who works in marketing, recently got the pleasant surprise when he added his girlfriend to his auto insurance policy.

 

"They ran the quote and said it was $200 less per year," he says. "She has a good driving record, but so do I. She is going to be using my car some of the time. We live in the same place."

It turns out that one unexpected benefit of love and commitment is cheap auto insurance.

 

Sometimes substituting one product for another can reduce your overall costs and your environmental impact.

By MSN Money Partner Apr 7, 2011 2:34PM

This guest post comes from Lou Carlozo, Green Dad columnist at dealnews.com.

 

As far back as the Garden of Eden -- the original eco-friendly paradise -- life has boiled down to a series of choices. Go down one path, and you'll have happy days romping around to your heart's content; take the other, and what looks like a tasty apple one minute turns into a terrible miscue the next.

 

With our everyday consumer choices we need not fear the wrath of a higher being, though we do have Mother Nature to worry about. In that spirit, Green Dad presents eight simple alternatives to common household purchases that will have your carbon footprint shrinking in no time.

 

More high school students are considering the economy when looking at colleges, and Congress is mandating better disclosure of the costs.

By Stacy Johnson Apr 7, 2011 12:46PM

This post comes from Karla Bowsher at partner site Money Talks News.

 

As the effects of the recession linger on, more high-schoolers are ranking their college choices based on costs and the return on investment, a new survey says. 

After polling 21,000 college freshmen-to-be, scholarship website Fastweb.com and consulting firm Maguire Associates found (.pdf file) that 68% say the economy has "greatly" or "somewhat" influenced their college application choices this year.

 

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

ABOUT SMART SPENDING

Smart Spending brings you the best money-saving tips from MSN Money and the rest of the Web. Join the conversation on Facebook and follow us on Twitter.

VIDEO ON MSN MONEY

TOOLS

More