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Actually, many readers said, it's not about the money. Restaurant portions are way too large.

By Karen Datko Mar 31, 2010 6:44PM

What’s one of the easiest ways to make dining out more affordable? Share an entrée, of course. It’s a big cost savings even if the restaurant charges a plate fee.

 

But after reading a Slashfood post, we suspect that your server may strongly object to this practice and view you as cheap.

 

There are few Americans who can save $30,000 in five years, but anyone who buys and finances a new car could be doing exactly that.

By Stacy Johnson Mar 31, 2010 4:51PM

This post comes from Stacy Johnson at partner site Money Talks News.

 

I’m 54 years old and have yet to own my first new car. In this post, I’m going to explain why I never buy new. In the next, I'll go over the steps to finding a reliable $5,000 car.

 

When I graduated from the University of Arizona in 1977, my parents gave me a 1975 Toyota as a graduation present. Much to my parents' dismay, within a few weeks I’d sold that car and used the proceeds for the down payment on my first house: a 900-square-foot concrete box in a dicey section of Tucson that I bought for less than $20,000. For wheels, I borrowed a couple thousand dollars from a credit union and bought a 1958 Triumph TR3, a car I drove every day for more than a year.

 

Blogger rounded up the neighborhood kids to do a blind taste test. Were name-brand cereals the winners?

By Karen Datko Mar 31, 2010 1:39PM

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

 

When it comes to breakfast, kids can be real cereal killers. Unfortunately, for those of us trying to keep our grocery costs reasonable, name-brand cereals can be a very expensive proposition.

 

When I was growing up, I remember my sister pounding down multiple bowls of Froot Loops and Lucky Charms every morning.

 

I enjoyed kid cereal too -- Apple Jacks and Frosted Flakes are still favorites of mine -- but I never could put it away like Sis.

 

Cereal is big business

Here are a few facts about cereal I found while surfing the Internet:

 

Retailers are offering presents -- with a few strings attached. Here's a list.

By Karen Datko Mar 31, 2010 11:29AM

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

 

You don’t need to look much further than your inbox to see that friends and family aren’t the only ones wishing you a happy birthday. Today, plenty of stores and restaurants offer you bargains on (and ahead of) your birthday, but these deals aren’t always worth celebrating.

 

The birthday marketing tool is particularly common among chain stores. Starbucks gives reward club members a free coffee; Baskin Robbins, a free ice cream cone. DSW loyalty members get a $5 reward certificate, while Express credit card holders receive a $15 coupon toward their next purchase.

 

Save the Earth as well, and do it all in one afternoon.

By Karen Datko Mar 31, 2010 10:27AM

This post comes from G.E. Miller at partner blog Wise Bread.

 

Ambitious title for a post for sure, but not that far off when you look at the facts surrounding freshwater.

 

According to Water.org, 884 million people (one in eight in the world) lack access to a safe water supply. Less than 1% of the world's freshwater (or about 0.007% of all water on earth) is readily accessible for direct human use. Furthermore, an American taking a five-minute shower uses more water than the typical person living in a Third World slum uses in a whole day (learn how to take a shower in 60 seconds).

 

All environmental guilt issues aside, saving water is not only good for the planet, it can be a highly efficient way to cut your water and energy bills (energy to heat the water). Here are the top five ways that you can cut your water use today.

 

Food fraud can mean that you're being overcharged and misled. How can you tell if you're being hoodwinked?

By Karen Datko Mar 30, 2010 6:41PM

We first read about large-scale food fraud when The New Yorker wrote about the Italian olive oil industry several years ago. Whoa. Was the pricey EVOO in our cupboard really something else -- hazelnut oil, perhaps?

 

Actually, food fraud is growing so quickly, The Washington Post reports, that the U.S. Food and Drug Administration is under increasing pressure to get involved. Without verification that labeling is accurate, you could be paying Cadillac prices for the food equivalent of a Hyundai Accent.

 

Here are some examples we came across in the Post and elsewhere:

 

NASA's overblown spending on a 3-day conference to train procurement officials contained some pricey personal-finance lessons.

By Karen Datko Mar 30, 2010 3:34PM

Question: How much did NASA spend on coffee, soda and snacks for a three-day conference in Baltimore to teach procurement officials how to determine a reasonable price for stuff they buy?

 

Answer: $62,611 total, or $66 per person per day -- some mighty pricey bagels, cookies and fruit.

 

It varies from less than a year to indefinitely, depending on the type.

By Karen Datko Mar 30, 2010 1:00PM

This post comes from Jim Wang at partner blog Bargaineering.

 

We recently purchased a sheet-fed scanner, a Fujitsu ScanSnap S300, to help organize our financial records. This purchase is easily one of the top 10 I’ve made in my adult life. We went from having a few banker’s boxes of documents down to just a few documents in about a week.

 

Using a sheet-fed scanner, versus a flat-bed scanner like a copier, saves you a ridiculous amount of time, and the ScanSnap will save your document into a .pdf file. It’s a bit pricey but definitely worth it if you’re looking to save things electronically.

 

One of the benefits of storing documents electronically is that it makes the “how long should I keep financial documents?” question a bit obsolete. Data storage is cheap so you can save documents forever, but I think it’s still important to know how long to keep documents because it gives you a better understanding of finances. For instance, knowing why you should keep tax records for seven years gives you a better understanding of the tax process.

 

So, how long should you keep financial documents? It depends.

 

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