Someone wrote to us this week that a person in his family is terminally ill, and that he was told “that the cost of the casket, funeral, viewing, and burial would possibly exceed 12,000 dollars.” He thinks that’s an “exorbitant amount of money,” and so do we. There is no reason to pay that much money for a kick-ass funeral that people will be talking about for years to come. You don’t need to be a cheapskate to manage this, either—you just need to be aware of your rights and know what traps to watch out for. Here’s our list of what to do the next time you have to plan a funeral.
finances
See The Bank Failure And Foreclosure Rates In Your State
By 2.27.09
CNN Money has put together a couple of quick interactive maps of the U.S. that let you see the bank failure rates and foreclosure rates for each state. According to these two maps, Wyoming is the place to be.
What The Stimulus Bill Has For Everyday Americans
By 2.15.09
In case you haven’t had a chance to read the 1000+ page stimulus bill that was passed on Friday, Ron Lieber at the New York Times has highlighted some of the provisions that will directly affect the average American.
Oh No, People Can't Afford Stupid Crap This Valentine's Day
By 2.14.09
Yesterday I passed by a Godiva store in midtown Manhattan and saw that it was packed with frustrated looking men in suits lined up to the door. It reminded me of how manufactured this particular holiday is. After all, these men hadn’t all shown up at the same store, on the same day and for the exact same reason, spontaneously; it took years and years of conditioning. But is there room in the new Poor America for the sort of spendy nonsense that Valentine’s Day demands? The New York Times takes a look at how people are cutting costs, and ignoring mass-marketed fauxmance for cheaper and more personalized experiences.
By 2.10.09
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Treasury Secretary Timothy Geithner has announced a new website, financialstability.gov, to increase transparency in the financial stability program.
By 2.10.09
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Senate approves $838 billion economic stimulus bill 61 to 37. C-Span says three Republicans broke ranks to vote for it: Senators Susan Collins, Olympia Snowe, and Arlen Specter.
Qchex Shut Down, Scammers Everywhere Weep
By 2.10.09
ArsTechnica reports that a judge has ordered Neovi, the company behind Qchex, to immediately stop offering their service, which allowed people to create and send checks drawn on any bank so long as they provided the account info. As you can imagine, this led to abuse by scammers who would use Qchex to create fraudulent checks.
Congresswoman Marcy Kaptur Urges Squatting In Foreclosed Homes
By 2.3.09
Last week I was watching Lou Dobbs while scrubbing my dentures and complaining about joint pain (two of those things are true, sadly), and I saw a segment on Ohio congresswoman Marcy Kaptur, who is encouraging homeowners to stay put in their foreclosed houses. She argues that many of the loans made during the subprime fiasco may not be legit, and that you should seek legal counseling and demand a mortgage audit from the bank before leaving. Kaptur admits her advice doesn’t trump the sheriff knocking at your door with an eviction notice, but a real estate lawyer told the Toledo Blade that otherwise she has a point.
Financial Resolutions for 2009
By 12.31.08
It’s that time of year again. m The Earth has moved ’round the sun once again, and for a month everyone will screw up when writing the date. What are your 2009 Financial Resolutions?
How Can We Save Our Debt-Swamped Government?
By 10.11.08
The United States is $10.2 trillion in debt. Like countless Americans, our government has spent beyond its means and needs help getting back on its feet. We recently received a panicked email from White House Budget Director Jim Nussle…
Car Title Loans Are Liable To Leave You Taking The Bus
By 10.8.08
You surely already know better, because you’re a loyal Consumerist reader, but stay far, far away from the form of legalized usury known as car title loans! CNN has published an overview of the industry, noting that APRs frequently exceed 200%, and that added fees and loan “rollover” options help keep borrowers in a cycle of debt.
By 10.1.08
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In one brain-melting two-minute clip, watch all the media frenzy, punditry, and cable-news excitement of the financial meltdown, courtesy of CNN’s own Rick “The Twitter Board Is Blowing Up!” Sanchez. [YouTube]
Citigroup Buys Wachovia
By 9.29.08
Part of Wachovia will remain independent — including its massive brokerage business which ballooned after it purchased AG Edwards in 2007, as well as its Evergreen investment management division.
Advanta Raises Your 8% Credit Card To 20% Because The Economy Is Bad
By 9.26.08
I have had an Advanta Credit Card for a little over a year now. My interest rate prior to a few days ago was 8%. My credit rating is very good, and I have always made my payments on time. As I was looking over my bill for September I noticed a fee of $75 dollars. A few clicks later I found that my interest rate had been raised to 20%.
Blockbuster Double Dips In PayPal Account; Naturally, PayPal Does Nothing
By 9.10.08
Blockbuster debited Anthony’s PayPal account two days in a row for the same monthly plan. PayPal won’t help—they say it’s between Blockbuster and Anthony, offering further proof that PayPal is a great service only as long as nothing goes wrong.
Don't Let Credit Blocks Eat Up Your Available Balance
By 8.30.08
Hotels and rental agencies like to carve out the full cost of their services on your credit or debit card before you pay in full. This credit blocking can catch anyone who sticks near their minimum or maximum balance off guard when they try to use their card. Inside, learn how to keep retailers from unexpectedly clogging your credit and debit cards with unwanted blocks.
4 Unusual Ways To Save Money
By 8.21.08
BusinessWeek has put together one of those accursed slideshows of 25 ways to save money, and while a lot of them are things you’ve heard before (use credit cards wisely! buy generic or used!), there are a few less common tips that you might not have considered. Here are four that caught our attention.
Minimum Wage Soars To $6.55, Working Poor Still Too Impoverished To Celebrate
By 7.26.08
Great news, minimum wage workers: if you spend the next year working without getting sick or, um, going on vacation, you’ll make $13,624! Uncle Sam’s $0.70 minimum wage hike is the second of three to take effect before next summer, but the meager raise is hardly a godsend for the working poor.
