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Current DateTime: 08:18:46 29 Nov 2009
LinksList Documentid: 31388230
Expiration DateTime: 11/29/2009 8:21:10 AM
    • Shopper & Investor Deals  25 Nov 2009

        A look at what's likely to happen at the registers once the doors open on Friday, with Richard Hastings, Global Hunters Securities; Richard Jaffe, Stifel Nicolaus & Co. and CNBC's Jane Wells.

    • Black Friday: Bargain or Bust?  25 Nov 2009

        Whether the deals are better than what shoppers will usually see or if it is just another marketing tactic, with Hitha Prabhakar, Style File Group; Brad Wilson, BlackFriday2009.com and CNBC's Jane Wells.

    • Holiday Central  25 Nov 2009

        A discussion of the many ways retailers are preparing for Black Friday, live from K-Mart in Burbank, CA, with CNBC's Jane Wells.

    • Retailers Getting Ready for Black Friday  25 Nov 2009

        Retailers are getting ready for Black Friday, and CNBC's Jane Wells has the play by play. Stacy Janiak, of Deloitte, shares her insight.

    • Amazon vs. Wal-Mart  24 Nov 2009

        What began as a price war between Wal-Mart and Amazon over a handful of books has nos spread to a wide assortment of consumer goods. Lee Eisenberg, a noted retail expert and consumer behaviorist, and CNBC's Jane Wells discuss.

    • Prices to Be Thankful For  24 Nov 2009

        A decrease in food prices is something to be thankful for this holiday, reports CNBC's Jane Wells.

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Current DateTime: 08:18:49 29 Nov 2009
LinksList Documentid: 31388237
Expiration DateTime: 11/29/2009 8:21:17 AM
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Funny Business

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Nov.18
3:23 PM ET
Tuesday, 18 Nov 2008
Web Site Confessions From Consumers
Posted By:Jane Wells
Topics:Consumers | Media
Sectors:Media

Source: spendster.org

Harsh consumer self-assessments can be found on www.spendster.org, a site which allows people to confess,even through video, all the dumb ways they waste money. The site tallies up all those wasted dollars.

Spendster.org was established by the CEO of the National Endowment for Financial Education. Confessions include:

"I'm a full-time college student who can only afford to work 15 hours a week...you think I would stay in my budget...no, instead I head to the mall whenever I feel like it resulting in a about $300-500 a trip and expect my parents to bail me out... this has got to stop."

(From Jane: the fastest way to stop is for your parents to just say "no.")

"I just spent $40 on some finasteride--hair loss medication."

"I spent 8000 last month on a new laptop, cell phone, clothes and more while I already have a laptop and stuff. I'm a consumer whore."

FRUGAL IS THE NEW BLING
Remember when "He who has the most toys wins"? That is so Dow 14000.

On the heels of my post yesterday on JoAnn Stores' booming business, a new survey shows that most shoppers are now proud to save "in little ways." The "How America Shops" survey from WSL says 52 percent of shoppers use coupons, and 62 percent say they wait for a sale before buying. Another 62 percent say they're making meals at home—but is that an increase? I mean, I've always made most meals at home, to the chagrin of my kids, who refer to my cooking experiments as "Dr. Mommy's Scary Kitchen."

WSL also reports that "While women are thriftier than men, there is little difference in thriftiness based on income: it is an equal opportunity recession."

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