There are ways around high ticket prices, as nearly every pro team offers some sort of discount or fan incentive to maximize the experience.
It took only eight months, but the NFL season is here, and Chad Ochocinco's reality TV show is finally giving way to real, interesting sports news. Now is also time to think about the most cringe-inducing part of football season (aside from Ochocinco): astonishingly overpriced tickets, food and parking.
In a monumental example of upselling, 18 of 32 teams in the league raised single-game ticket prices this year, some as much as 7%. Season tickets are also out of the question for many families, considered a luxury on par with Learjets and caviar.
Yet an NFL game is something to experience live at least once, and price gouging shouldn't keep you from the tailgate or game. There are several ways around these fares, as nearly every pro team offers some sort of discount or fan incentive to maximize your experience, even outside the stadium.
The federal government is proposing stricter rules for financial aid at for-profit colleges.
The economy has brought new emphasis to a debate that has long plagued education circles: Are students paying too much for college educations that don't lead to good jobs?
A recent Department of Education report looked at student loan repayment rates for each institution, including for-profit colleges that often emphasize career opportunities in their advertising.
The report found that students of many for-profit colleges were the least likely to pay their student loans.
When the emotional and rational parts of the brain square off, guess which one is liable to win?
Back in the '60s, it was apparently OK to torture little kids. Just kidding, but one study came close.
Here's the gist. Stanford economists took 4-year-olds one at a time and put them in a room with a single marshmallow sitting on a table. The experimenter told them that he had to leave for a short errand, but if they waited without eating the marshmallow, they would get an extra one upon his return.
Seventy percent of the kids caved, on average lasting three minutes before eating it. The rest of the kids were visibly frustrated as they tried to wait. Some turned away from the table so they wouldn't see the marshmallow. Some covered their eyes.
Decades later, the researchers asked the kids (now adults) for their SAT scores. The patient kids scored better.
Since then, the study has been replicated a number of ways. But just a few years ago, scientists took it to a new level.
More outlets are going online. What savvy shoppers need to know.
Finding deals at outlets used to require serious effort: a lengthy drive to the nearest outlet mall, followed by hours spent combing through racks, item by item, and waiting in long lines behind like-minded bargain hunters. Now, it often takes just a few clicks from home.
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Camera manufacturer Nikon launched an online outlet store last week, and J. Crew plans to make its outlet store clothing available online this month. The two join a host of retailers with an online outlet presence, including J.C. Penney, Crate & Barrel, Dell, Zales, Sears and The Disney Store.
Because a frugal person focuses on the maximization of value, sometimes it's easy to fall into the trap of keeping too much stuff.
The other night, I watched a couple episodes of the A&E documentary series "Hoarders." For those of you who haven't seen it, "Hoarders" focuses on the struggles of people who suffer from compulsive hoarding.
One thing that struck me over and over again was that people were saying things along the lines of "I can't get rid of this stuff because I might have a use for it someday." Of course, they were making this statement in a home that was so full of stuff that they had difficulty even walking through their home.
Frugal people live on an interesting spectrum between minimalism and excessive accumulation of stuff.
New study shows that more than a third of the unemployed who've found new jobs are working for less pay.
Just how hard has the recession been on American workers? A new Pew Research Center report offers some stark numbers:
- 26% of the 139 million working Americans were jobless at least once since the recession officially began in December 2007. (These folks are referred to as the "re-employed.") The report adds:
And for some workers, finding a new job was a short-lived victory over hard times. According to the survey, more than a third have suffered two or more spells of unemployment during the recession, including 16% who have been out of work three or more times.
More homeowners are making extra cash by renting their properties to vacationers. But it may not be legal where you live.
The next time you travel, consider a setting that's unique and potentially more comfortable than a hotel: renting a home from a private homeowner.
The idea is simple: Instead of cramming yourself into a tiny hotel room, rent an entire house. You win by getting a lot more space and amenities for a similar price. The homeowner wins by bringing in extra cash.
The online retailer is enlisting help from customers to pressure manufacturers to use packaging that's easier to open.
For the last two years, online retailer Amazon.com has been on a mission to persuade manufacturers to make product packages that are easier for consumers to open. The results so far have been less than stellar.
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According to The New York Times, Amazon has been able to persuade manufacturers to make easier-to-open packages for only about 600 of the millions of products Amazon sells. Traditional retailers like products in large cases and multiple layers of plastic because it's believed to deter theft. Amazon says someone ordering online shouldn't have to deal with the frustration involved in liberating products from their packages.
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