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consumer 101
Consumer 101: 3 Ways To Lower Your Out Of Control Cable, Internet And Phone Bills
How much to spend on cable, internet and telephone is something nobody had to worry about only a few generations ago. Today, the Pew Research Center says that after housing, cable and satellite TV service was most frequently cited as a regular household expense (78%), followed by cell phones (74%) and internet service (65%). By contrast, just four-in-ten adults (42%) say they make a car payment. If you're looking for a way to cut the amount of money you spend on these "information age" expenses, we've got three of them to choose from. More » -
circuit city death watch
Timeline: How Circuit City Came Undone
Bankruptcy is a time for reflection, we guess, so we put together a nice little time line of Circuit City's precipitous decline over the past 2 years. We begin our journey in March of 2007, when Circuit City announced that it was firing everyone who knew what 1080p meant so that they could hire cheaper labor... More » -
getting out of debt
5 Expenses To Cut Right Now If You're In Debt
Let's say that like so many storied former-investment-banking-giants, you, the average consumer, have found yourself over-leveraged (wink, wink) and are looking to clean up your act before the whole thing falls down around you like the house of cards it is. Well, since you can't increase revenue at will, you'll have to decrease your costs. Where should you start? Here are 5 expenses that you can cut right now — so you can take the extra cash and throw it at your debt. More » -
debt
How To Get Out Of Debt
J is in a debt hole and needs help getting out. We're going to give it to him:
We are pretty smart people who did some pretty stupid things and now we are just trying to get out of debt. We know exactly what to do in the future to manage our spending, savings and credit score. And we both agree that nothing is worth putting on a credit card if we cant go home and transfer money to the card to pay off the balance when we get home. But that doesn't change the fact that we are currently facing a staggering mound of debt and see no end in sight.
J, you've got two choices: More »
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circuit city
Dear New Circuit City CEO: Here's How To Fix Your Stores
Yesterday, we asked you to tell us how Circuit City's new CEO should fix his stores. It's been a troubled few years for Circuit City. Before the former CEO resigned last week, he'd embarked on an expensive and drastic "turn around" plan that, well, let's be honest — failed. More » -
investing
How Not To Panic About The Stock Market
Seeing the greatest single-day point drop in the Dow is probably not the kind of history anyone wants to be living through right now. The failure of the bailout bill to pass caused a big freakout in the market, which thought we were going to get a bailout today. But before you click the button to transfer all your investments to 0% return T-bonds (aka I give up on investing), first ask yourself if that's really in line with your long-term investment goals. Secondly, realize that point-wise it might the greatest drop, but it's not the greatest drop percentage-wise. In other words, we've been here, and bounced back, before. If you're decades away from retirement, today's plunge is a buying opportunity. Here are some thoughts about fighting the urge to panic.
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wells fargo
12 Confessions Of A Home Mortgage Collector
A former Wells Fargo Home Mortgage home collector has stepped forth from the shadows to tell you what's really going on. Here's his confession:
I was the best at what I did at Wells Fargo Home Mortgage (WFHM) for years. What did I do? I was a collector. At Wells, collectors are in charge of most aspects of a loan, notably ability to repay (like repayment plans) and loss mitigation aspects (loan modifications, etc). I was also part of WFHM's disaster team. I no longer work there, thank god (and can take bathroom breaks that total more than 6 monitored minutes a day!). Here's what I learned that can save you from people like the kind I used to be: More »
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Starbucks breakfast
Starbucks New Healthy Breakfast Tasted, Opinions Formed
Starbucks bravely asked us to try their new healthy breakfast items, knowing full well what a bunch of jerks we are. Why did they do this? No one can say. Anyway, it turns out that their new breakfast items are pretty darn tasty. Our full review inside. More » -
returns and exchanges
What To Do When A Store Sells You Box Of Crap And Won't Take It Back
We get a lot of complaints about people buying things from stores like Best Buy and Target and finding that once they get them home — there's a bunch of bathroom tiles in the box instead of the item, or that the item is used, broken or smashed. When they try to return the thing, the store tells them that they're out of luck. When you ask why they think they can get away with selling you a paperweight instead of an XBOX, they point to some bullsh*t policy and send you on your way. You don't have to put up with this. In this post, we'll tell you a) How to keep this from happening to you in the first place. b) How to equip yourself with tools that will help you in the event that this does happen to you. c) How to take advantage of these tools so that you never get stuck with someone's old broken PS3. More » -
airline fees
Top 3 Most and Least "Fee Crazy" Airlines
Airline fees are a controversial topic these days, so we look a look at the fees that airlines were charging and picked the top 3 most and least "fee crazy" airlines. Avoiding fees is hard, so why not try to avoid the airlines that charge them instead?
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