Smart SpendingSmart Spending

With the ease of the Internet, more scammers are adopting a corporate look to take people in.

By Karen Datko Dec 21, 2009 4:34PM

This post comes from Mark Huffman at partner site


As in so many other fields of endeavor, we can thank the Web for introducing new efficiencies into the business of separating unsuspecting consumers from their money. A credible-looking Web site and a few inexpensive Internet ads are all it takes to get started in a theft-by-Net business with a more corporate look.


This year, our annual review of the top 10 scams finds more fast-buck artists functioning like legitimate businesses. The old tried-and-true scams -- advance-fee loans, phony lotteries, "free" cruises -- have by no means disappeared, but in 2009, clever marketers added a few new twists.


Families who cut back on holiday spending find other valuable benefits.

By Teresa Mears Dec 21, 2009 4:15PM

When Jen Singer looks at the presents under her Christmas tree, she keeps thinking she has forgotten something:


"How can it be that my Christmas shopping took me exactly one trip to Target and a few clicks of my mouse?" she writes. "What -- or who -- am I forgetting?"


A downsized Christmas is different, she says, at Momma Said. Her husband is buying her two tires for the mini-van for Christmas (and getting her the other two for her birthday). The gift exchanges with relatives have been pared to a minimum.


The industry blames falling sales on the economy, but are people questioning the overall concept?

By Karen Datko Dec 21, 2009 2:25PM

Annual per-capita consumption of bottled water in the United States peaked at 29 gallons two years ago. It dropped 3.2% in 2008 and is expected to decline again. Industry people cite the economy, says a report at MSNBC.

“We don’t think that anti-bottled-water activists have had any impact,” said Tom Lauria, spokesman for the International Bottled Water Association. “People love their bottled water.”

But we wonder if something else isn’t afoot. Are people seeing how wasteful it is to pay for a product they can get at home at no extra cost -- you’re already paying a water bill whether you drink the water or not -- as well as the environmental impact?


There's no place like home for the holidays -- and the airlines know it.

By Karen Datko Dec 21, 2009 12:58PM

This Deal of the Day comes from Kelli B. Grant at partner site SmartMoney.


Hoping to entice a few more budget-minded consumers to fly, many carriers have waived their advance-purchase requirements on tickets through early January, dropping select fares by more than 50%. (When policies are in place, fares rise precipitously within a week or so of departure, with last-minute bookers typically paying full fare or close to it.)

For example, a round-trip ticket between Dallas and New York City on Delta that sold Sunday for as much as $1,858 is currently going for $388 to $578, depending on your travel dates, according to booking site You'll save 69% to 79%.


Everyone else is just trying to figure out how to separate you from it.

By Karen Datko Dec 21, 2009 11:37AM

This post comes from J.D. Roth at partner blog Get Rich Slowly.


I’ve read a lot of stuff lately about how scammers take advantage of other people. (Here, for example, is a brief summary of seven psychological tricks con artist use.) It’s easy to think that those who lose their money are just unfortunate suckers. That’s not always true. Often they’re folks just like me and you who get talked into thinking somebody else knows more than they do.

On some level, the same thing happens all the time with bankers and brokers and real estate agents and even with friends and family. These folks may not be con artists, but we’ve all allowed these other people to tell us what we ought to do with our money. We let ourselves believe that they’re able to make better decisions about our financial situation than we are.


A tax credit will cover part or all of the cost if it's a 'street-legal' vehicle.

By Karen Datko Dec 18, 2009 8:28PM

Time is running out to get your free golf cart. OK, a golf cart that’s “street-legal.” You have until Dec. 31 to take title of one to claim a tax credit for at least part of the purchase price.


We thank Kathy Kristof, personal-finance columnist at CBS MoneyWatch, for reminding us of this odd tax credit, created in 2008 as part of the Wall Street bailout and extended this year.

Here’s how this works:


An industry analyst says it's the highest rate he's ever seen.

By Karen Datko Dec 18, 2009 4:33PM

Here’s a credit card offer that should create some instant converts to Suze Orman’s new cash-only mantra: Subprime lender First Premier Bank is offering a credit card with a 79.9% interest rate.

A credit card analyst said it’s the highest rate he’s ever seen.


Dental clinics' Christmas Eve gift, plus a round-up of restaurant deals.

By Teresa Mears Dec 18, 2009 4:19PM

If all you want for Christmas is your two front teeth, or at least your two front teeth cleaned, Comfort Dental has the gift for you.


On Dec. 24, dental clinics in Missouri, Colorado, New Mexico, Ohio and Texas will provide free dental care to anyone who needs it from 7:30 to 11 a.m. All you have to do is show up, and care will be dispensed on a first-come, first-served basis. Whether you can get a procedure as complex as your missing two front teeth replaced will be up to the individual office.

The flow of restaurant freebies and deals seems to have dried up for the holidays. Perhaps the retailers think we’ll be receiving enough gifts from Santa.


Here is a recap of deals we’ve written about before that are still good:



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.


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.