People do not really think that they will never see any Social Security money. It is just something they tell pollsters.
It is time to make another visit to the bounty of information that our nation's intrepid polling companies gather for our enjoyment. I usually start these visits with a short proviso about how survey data about what people say to strangers who call them on the phone can't hold a candle to data about what people actually do. Often I point out that survey respondents tend to be neither candid nor thoughtful in their responses.
Today I am going to skip all that. I will just give examples.
The rich are optimistic?
Lawsuit claims that some producers and retailers are misrepresenting an inferior product as 'extra virgin.'
Has your olive oil been lying to you all these years?
That's the allegation made in a lawsuit filed by prominent chefs and restaurants who claim that a number of companies are mixing their olive oil with cheaper alternatives while still branding it as "extra virgin."
The IRS stops aiding and abetting tax preparers in making high-interest loans to those who can least afford them.
Ultimately, deciding when and how to leave the workforce isn't about some number in a retirement account.
I recently returned from my annual weekend trip to Oregon's Opal Creek Wilderness Area. Every year, I join five other friends to hike into the forest, pitch our tents on the banks of the creek, and sit around the fire talking about life. We drank a lot of whiskey this year, and spent a lot of time at the swimming hole.
This year, we also talked a lot about where we're going in life. All six of us are about 40 years old, and we're all dealing with career transitions of some sort. We chatted about "talkers and doers" (a topic I hope to write about soon), about building social capital, and about retirement. I mentioned that my wife hopes to retire when she's 52, and that caused a lot of envy. It also prompted an interesting discussion on Sunday afternoon.
Only new borrowers will be hit by rising mortgage insurance premiums next month. But there's also a consolation.
This post comes from Marilyn Lewis of MSN Money.
The cost of getting an FHA mortgage is growing -- by about $38 a month, on average. The price hike in FHA mortgage insurance premiums, which takes effect Sept. 7, will hit only new borrowers. Current holders of FHA loans won't be touched.
- Video: Mortgage relief ahead?
The fee hike was approved unanimously by the U.S. Senate this week. The House already had signed on. President Obama is expected to sign the change before the end of the month.
FHA takes away -- and gives a little
Even if breakfast to you is just a cup of joe, you're going to pay more for your first meal of the day.
The cost of the most important meal of the day is edging up. Look to pay more for coffee, orange juice, cereal, pancakes, toast and bacon -- yes, even bacon (and chicken-fried steak) -- in the coming weeks and months.
Due to heavy rains in Colombia, the J.M. Smucker Co. this week raised the price of its Folgers, Dunkin' Donuts and Millstone coffee brands by an average of 9%. Expect Kraft (Maxwell House, Yuban) to do the same. You should notice the difference on supermarket shelves in the coming weeks. (Hint: Stock up now.)
Bad weather is mostly to blame for coming price increases in other breakfast fare.
Don't pitch surplus zucchini into the compost bin. Try these tactics instead.
Are squash the size of Louisville Sluggers overrunning your garden? Have you stumbled over a "gift" bag of zooks left on the doorstep by an anonymous (read: frantic) neighbor?
If you haven't made the mistake of planting too much squash, someone you know probably has. Just how much zucchini bread and steamed zooks can one family stand?
Recently I heard about an extremely, uh, creative way to use the extra squash:
What's cheaper: Tuna or egg salad? Len Penzo adds it all up in his second annual survey of how much homemade sandwiches cost.
Yes, school is right around the corner, and the honeybee is once again gearing up for another season of endless sandwich making for the kids' brown-bag lunches. She won't be alone.
Every day, millions of people pack a sandwich or two to eat for lunch at their school or place of employment, and who can argue with that strategy?
While I realize that packing a homemade lunch is more economical and more healthful than eating out at a burger joint or some other greasy spoon, this intrepid personal-finance blogger was not satisfied to simply accept the obvious financial wisdom of forgoing a Double Quarter Pounder with Cheese in lieu of the handmade ham and Swiss cheese sandwich. Uh-uh, not me.
So last year I took a vow to never rest until I knew which of the 10 most common brown-bag sandwiches offered the best value of them all.
Copyright © 2014 Microsoft. All rights reserved.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Trying to revive their image, lenders are reaching out to the millions of Americans who are unbanked.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'