Saving & Spending

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As Gas Prices Go, So Go Prices for Used Cars

What do prices at the pump have to do with prices at the used car lot? They actually tend to mimic each other. Higher gas prices tend to cause drivers to want to spend less out of pocket on their automobiles. That means rising demand, as well as rising prices, for used cars—fuel-efficient used cars especially. Used car prices spiked last summer as gas prices soared, and then spiked again earlier this year as the national average neared $4 a gallon. Now that gas prices are retreating, relief is also in sight for consumers in the market for used cars.

What’s the Point of High-Powered ‘Green’ Sports Cars?

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The best argument for going green is that it’ll help conserve natural resources and money at the same time. The new breed of “green” supercars led by Ferrari and Porsche doesn’t really do either.

Students Lose When Financial Aid Goes Onto Fee-Laden Debit Cards

Thought the student loan crisis was bad as it is? Now add hefty fees into that mix. Providers say students can avoid the fees that pile up when they elect to receive their financial aid on a debit card, but new research from a consumer advocacy group finds that these companies throw up roadblocks to [...]

Hey Airlines, Do You Really Want to Split Families Up on Planes?

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In a purely business sense, it’s easy to understand why airlines are more or less forcing passengers to pay fees for seat reservations on planes: more fees equal more profits. But the scheme is hated by families — and is likely to be hated even more by passengers who wind up sitting next to nervous, [...]

The Theme Park That’s Raised Admissions Prices—Twice in Less Than 12 Months

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Right now, the theme park with the most expensive basic admission ticket in the U.S. is located, unsurprisingly, in Orlando. What may be surprising is that it’s not a Disney park.

Saving for College: Most Parents Flunk the 529 Test

With student debt at $1 trillion and counting, and tuition rising 8% a year, it seems impossible that anyone would not know about the smartest college savings tool out there: the 529 plan. Alas, stunning numbers of Americans are in the dark.

More Americans Rely on Credit Cards for Basics Like Food and Gas

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Americans are increasingly dependent on credit cards just to put food on the table and keep the lights on, a new study shows. Although we’re doing a better job overall paying our bills on time these days, many people are relying on more easily attainable credit just to keep their heads above water. With no [...]

Insult to Injury: Rise in People with Student Loan Debt—and No College Degree

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It’s bad enough to graduate from college with a mountain of student loans in a world where the prospects of landing a good job are terrible. But at least grads have something that should help their careers in the short- and long-term: a college degree.

7 As Seen on TV Products That Actually Work

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In recent years, As Seen on TV products have emerged from their previous spots on late-night and weekend TV and have gone decidedly mainstream. They’re supposed to make our lives easier, but many of them are a complete waste of money. These aren’t. Here are seven As Seen on TV products that actually do what they claim.

Toyota Prius: Niche Car No More

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Drivers around the globe purchased nearly a quarter million Toyota Priuses in the first quarter of 2012. That makes the Prius the world’s third best-selling car—and it firmly establishes the fact that this hybrid is not a fluke or a passing trend.

L.A. Parents Pony Up For Kids’ V.I.P. Lounge Access at Sixth-Grade Dance

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Most middle-school kids have better things to think about than whether or not they’re members of the 1%. But one Los Angeles charter school upped the ante on the usual social anxieties of its annual dance when it installed a “V.I.P. lounge” — with a separate cover charge. On top of the $15 dance admission, [...]