8 Stupid Fees Consumers Hate to Pay (But Often Do Anyway)

In this tough economy, businesses of all types are trying to nickel and dime us to death with add-on charges.

Those charging the fees want you to believe that the fees are necessary to cover the additional costs of doing business, like pizza delivery fees.

In reality, all these fees do more often than not is mislead the consumer by adding a hidden mark-up to the advertised price.  Sometimes the fees are

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What Would YOU Be Willing to Do for a Million Dollars?

Several years ago I wrote a very popular post highlighting the seven deadly sins of personal finance. Of course, one of those seven deadly sins was greed.

Greed often makes people do some really crazy things they wouldn’t otherwise consider.

For example, Baker from Man Vs. Debt asked the other day if you would be willing to kill a stranger for a billion bucks.

I can honestly say that I would never even consider

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Ten Essential Negotiating Tactics Everyone Should Know (Part 2)

This is Part 2 of a two-part post on negotiating tactics.  Please click on this link for Part 1 of this article.

As I noted in the first part of this article, I have always believed that one of the most important life skills that every person should have mastered before setting out on their own is the ability to successfully negotiate.

For most of us, negotiating skills are usually needed shortly after we leave

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Ten Essential Negotiating Tactics Everyone Should Know

I have always believed that one of the most important life skills that every person should have mastered before setting out on their own is the ability to successfully negotiate.

For most of us, negotiating skills are usually needed shortly after we leave home to strike out on our own for the very first time. For example, the opportunity to engage in negotiations often comes into play when we get our first job, move

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The 5 Worst Jobs For Teenagers

With summer here, schools are now on hiatus for vacation in most places around the country and teenagers are scurrying to find temporary jobs to earn some extra money. With that in mind, some parents may be interested to know that the National Consumers League (NCL) has once again selected their Five Worst Teen Jobs that teenagers are advised to avoid at all possible costs.

With the help of the Child

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Inflation: How China May Be Forced To Use The Nuclear Option

It’s Inflation Week at Len Penzo dot Com. Follow me over the next several days as I explore the multiple facets and facts about this insidious scourge, the probability of its resurgence, its potential impacts on us, and strategies for protecting yourself and your personal finances. Hey, it’s not as fun as Shark Week at the Discovery Channel, but it’s almost as scary!

Raising taxes to pay for

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Inflation: Your Four Best Defenses For Preserving Your Wealth

I kicked off this series on inflation with a warning about why all of us should fear inflation and why the US government needs it to take root in our economy. But I’m not the only one who thinks so.

Forbes posted an excellent article on the coming cash tsunami that is destined to strike as the United States Treasury printing presses work overtime to cover the multi-trillion dollar budget deficit

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Inflation: Why You Should Fear It, And Why The US Wants It

Ronald Reagan accurately warned us in 1984 to be vigilant against inflation because it can come, “like a thief in the night to rob our savings, rob our earnings, and take the bread off our tables.”

For this reason, the government is usually on guard against the threat of inflation.   In the simplest terms, this is normally done by controlling the amount of money in circulation.  It’s really a matter

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How Mexico Can Save Its Oil Industry: Sell Baja California to the US

Another economic disaster looms for both the US and Mexico and something needs to be done in the near future to stop it.

Mexico is currently the fifth largest oil producer in the world and the third biggest supplier of crude oil to the United States, but production has been declining at its mammoth Cantarell oil field so drastically that the country is now expected to become a net importer of

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Is It Finally Time to Get Rid of the Penny?

A while back I moved into a new office at work. When I looked in the desk, I found 162 pennies in one of the drawers. I can only assume that the previous owner used the desk as his chosen repository for all the pennies he received in change whenever he went out for lunch.

I can’t really blame the guy who did that. In fact, I think pennies are an

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