Foreclosure: A Letter from the Front Lines

With rare honesty and touching insight, a veterinarian in northern California discusses what it’s like for her family to lose their dream home to foreclosure—and she blames herself at least as much as the economy for their predicament.

It’s a Deal: Buy One, Get One Free Eyeglasses

Now through July 25, at EyeBuyDirect.com, you’ll get a free pair of prescription eyeglasses with each paid pair. The cheaper of the two is the freebie, and there’s a minimum order requirement of $14.95.

The Latest Disturbing Unemployment Statistic

Right now, there are six times as many people who have been unemployed for at least 99 weeks as there were three years ago.

Q&A with Trent Hamm, Author of ‘The Simple Dollar’

“The trick is to just make sure you’re not spending a lot of money on stuff you don’t use or appreciate very often.”

In Praise of Small Homes

The median home size is now a bit over 2,000 square feet, which is down from 2,309 square feet in 2007. But even 2,000 square feet is more space than most families need, and homeowners should understand that size matters: You obviously pay more upfront for a bigger home, and huge, sprawling houses are also [...]

How to Be a Savvy Estate Sale Shopper

More foreclosures—especially among the rich—mean more estate sales, and more potential for smart shoppers to snag antiques, furniture, and fixtures at well below market value.

Cheapskate Wisdom … About Early Adopters

“There’s a saying, ‘The pioneers are the ones with the arrows in their butts,’ because they forge the way, but there comes a cost for that.”

It’s a Deal: Donate $3, Get $10 Off at Macy’s

Now through July 31, when you give $3 at Macy’s for Reading Is Fundamental, you’ll receive a coupon that grants $10 off a future Macy’s purchase of $50 or more (some exclusions apply). The campaign, which helps put free books into kids’ hands, is called Book a Brighter Future.

The Hottest New Luxury Item? One That Saves You Time, Money, or Both

In the recession era, the bar has been raised on why and when consumers decide to buy luxury goods. Merely liking something is no longer enough. But if you can somehow justify that a product—one that’s expensive, that you clearly don’t need—saves you time or money, or somehow betters your health or quality of life, [...]

Friday Round-up Featuring Huge Money Pitfalls, Retail Loyalty Lures, and Tips to Reduce Food Waste

Also: the sickest things people have done to save money, including wolfing down a Quarter Pounder that sat forgotten on a shelf—for five days.

Guess Who’s Most Likely to Strategically Default on Mortgages? The Rich

If you’ve got a mortgage of $1 million or above, you’re significantly more likely to be delinquent with payments compared to homeowners under the $1 million mortgage mark. Why are the wealthy falling behind or walking away from their mortgages? “The rich are different: they are more ruthless,” says one economist who helped compiled the [...]