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When it comes to formal attire, men are more likely to rent than own, while women are the opposite. Both sexes have it wrong.

By Stacy Johnson Jun 29, 2010 10:17AM

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

 

There are occasions in life when the right clothing is crucial. While both men and women need special clothes for special occasions, there's no law that says you have to own those clothes outright.

But when it comes to renting, I believe the sexes have it backward.

 

A lot of people are going to college unnecessarily -- or for the wrong reasons. For many, there are strong arguments against college.

By Karen Datko Jun 29, 2010 9:07AM

This Devil's Advocate post comes from Jim Wang at partner blog Bargaineering.

 

When I was younger, the plan for my future was pretty straightforward. You go to high school to learn, get good grades, and get into a good college. You go to college to get good grades and then get a good job. After that, just circle the mouse wheel until retirement.

OK, that last part about the wheel was my own addition, but that basically was my "job" as a kid. That plan worked for me, and it's the path many people have walked with great success. But it's not the only path.

 

With the government looking at additional regulation of for-profit colleges, I started to wonder again whether college is "worth it."

 

About 180,000 would-be buyers won't meet the June 30 deadline for a tax credit. But some may end up with a better deal.

By Teresa Mears Jun 28, 2010 4:18PM

If you've ever bought a house, you know how nerve-racking it can be to try to close the deal by the contract deadline.

 

Sometimes you do. Often you don't. There are problems with the inspection, or with the appraisal, or with the insurance, or the lender wants more documents. Or there are delays that don’t seem to have any explanation.

Usually all it costs you is a few sleepless nights and some extra paperwork. But for first-time homebuyers who expected to get a federal tax credit, failing to close on time will cost them up to $8,000. Those who don't close by June 30 don't get the credit.

 

Recall includes batches of Corn Pops, Honey Smacks, Froot Loops and Apple Jacks.

By Karen Datko Jun 28, 2010 3:39PM

This post comes from partner site ConsumerAffairs.com.

 

Kellogg Co. is recalling some of its more popular breakfast cereals because of what the company called "an uncharacteristic off-flavor and smell coming from the liner in the package."

Kellogg said it believes the potential for serious health problems is low but cautioned that some consumers are sensitive to the uncharacteristic off-flavor and smell and should not eat the recalled products because of possible temporary symptoms, including nausea and diarrhea.

 

Looking for that six-figure income isn't such a bad thing after all.

By Karen Datko Jun 28, 2010 2:54PM

This guest post comes from Pop at Pop Economics.

 

Economists have a way of taking the joy out of joy. That's the first thought that crossed my mind when I read a study by David Blanchflower of Dartmouth and Andrew Oswald of the University of Warwick that talked about "happiness equations" and "happiness-maximizing numbers." Nothing like an economist to take the mysterious pleasures of life and break them down into cold figures.

 

And they've been doing it a lot lately. The "pursuit of happiness," long the purview of psychologists, has been taken up as a serious topic of discussion by economists just in the last couple decades. They've discovered that in most cases, we have a poor sense of what makes us feel good about life.

 

Analysis of FDA inspections finds mice, roaches and other unsanitary conditions at companies that prepare meals for airlines.

By Teresa Mears Jun 28, 2010 1:16PM

It may turn out to be good news that we're getting fewer meals on airplanes.

A USA Today analysis of Food and Drug Administration inspection reports at facilities that prepare in-flight meals found "unsafe and unsanitary" conditions that could lead to food-borne illnesses, Gary Stoller reported.

 

Inexpensive readers abound, but few are bargains. What shoppers need to know.

By Karen Datko Jun 28, 2010 12:19PM

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

 

After a sudden competitive round of price cuts, e-readers are now as affordable as an iPod nano or an entry-level Blu-ray player -- that is to say, as cheap as $120.

 

Amazon.com dropped the price of its popular Kindle e-reader last week to $189 from $259, a change of 27%. The same day, Barnes & Noble introduced a new Wi-Fi-only version of its Nook reader for $149, and also slashed the price of its 3G-enabled version from $259 to $199. Borders continued the trend, sweetening the deal on its new Kobo reader by bundling the $149 device with a $20 store gift card and $10 in store rewards. It also recently began taking orders for the $120 Aluratek Libre, which will be available in late July.

 

The push to get devices into consumers' hands is more about the growing e-book market than the e-readers themselves.

 

Hopes are dashed now that the homebuyer tax credit training wheels are removed from the market.

By Karen Datko Jun 28, 2010 9:52AM

This post comes from Marilyn Lewis of MSN Money.

 

What's that hissing noise heard around the country? It's the sound of air rushing out of the housing market.

 

If you listen closely you'll also pick up a cracking sound: That would be hearts breaking and hopes crashing. Sellers, agents, builders, homeowners, bankers, mortgage brokers -- just about everyone except perhaps prospective buyers -- needs sales and prices to rise and the housing market to turn around. And soon.

 

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