Dollars and Sense

Facebook may be giving people a false sense of self-esteem, leading to overspending and gluttonous behavior, according to new research.

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The American family is becoming a cash-only business.

The latest statistics indicates that while there has been a substantial increase in the amount of available consumer credit, people are simply not utilizing the convenience of credit cards to make their purchases.

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The price of turkey is going to be cheaper than expected this year, largely because many retailers were able to lock in the cost of the birds before the summer’s drought sent feed prices way, way up.

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Four years ago, during the last presidential campaign, the American economy was collapsing faster than it had since the Great Depression. Now, with the 2012 election upon us, most analysts agree that the economy is in a period of slow recovery—a bit too slow, according to just about everyone.

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Hurricane Sandy may have wreaked havoc on the Eastern seaboard, but its aftereffects are providing drivers all over the country with a bit of relief at the pump.

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In a possible sign of further economic recovery, the Bureau of Labor Statistics reports that wages are making a steady recovery across the board, with a great number of companies now offering higher paying jobs.

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Recent reports indicate that the majority of the time when your credit card company calls you to inquire about potentially fraudulent activity on your account, it is not an attempt to sell you additional products and services. Rather, it is a real security warning. and going forward you might want to start answering those calls.

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It is that time of year again, the time of year when auto dealers are desperately trying to rid themselves of the previous year’s models still taking up space on their lots so that they can make room for the new and improved editions on their way in from the manufacturers.

This, of course, benefits the consumer because there is a lot more room to “move and shake” with dealers in hopes of getting a sweet deal on a new ride. However, not every discounted model from the previous year is a good buy.

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The season of giving could lead to a year of financial distress, as a recent survey indicates that holiday generosity is making more Americans bro-ho-ho-ho-ke by the beginning of the new year.

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The chances of gas prices falling below the $3 mark anytime in the near future might seem unlikely, but analysts say that it could come close. Fuel costs, already dropping, are expected to continue to do so for the rest of the year.

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