Is the Payback Period on Energy Efficient CFL Bulbs Too Long?

The other day the light bulb on my porch finally gave up the ghost and so I ran down to my favorite hardware store to pick up a new one. When I got there I was presented with a choice that many people struggle with: is it better to buy the regular old incandescent bulb or spend significantly more money for the energy efficient compact fluorescent light (CFL) instead?

In my

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Going Once, Twice, Sold! Save BIG Money at Grocery Auctions

(At an auction)
Homer Simpson: (raising an auction card) Heh, heh, heh. Watch me burn Flanders!
Homer: Ned Flanders bids $50! (evil laugh)
Auctioneer: Sold! And the recipient of the hundred dollar bill is Ned Flanders!
Homer: D-Oh!
Flanders: This is going straight to the orphanage!
Homer: D’OH!
– from an episode of The Simpsons

In these times of economic uncertainty, many folks are looking to cut costs wherever possible. So as pressure

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Gas or Charcoal BBQs: Which One Is More Cost Effective?

As summer time creeps up on us, I am once again forced to consider one of the great debates of all time: should I buy a gas or charcoal barbecue?

Yes, it’s that time again.  My current gas grill is ready to be retired from service and so I am now in the market for a new one.

When it comes to gas or charcoal, hard-core grillers love to debate considerations such

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Believe It: Sometimes It Pays Not to Buy Stuff On Sale

The other day a coworker of mine told me about the “great deal” he got at an electronics retailer. He decided to buy a $2400 plasma television that was $400 off the retail price. It was an impulsive buy, and one he said he couldn’t pass up.

“Good for you,” I told him. “You paid for that in cash, right?”

“Heck no! I put it on my

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Dirty Harry Teaches Us A Lesson on Opportunity Cost

I was in heaven last week because my cable movie channel ran all five Dirty Harry movies in succession.

In Dirty Harry, during that famous bank robbery scene where Harry ends up spouting off his “Do ya feel lucky?” line, Inspector Harry Callahan gets shot in the leg. It is one of the most memorable movie scenes of all time, certainly as iconic as Sly Stallone climbing the steps of the

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Evaluate Your Options Before Selling Gold Jewelry

I was watching a King of Queens marathon late last night and my viewing enjoyment was continually being disrupted by those ubiquitous Cash4Gold ads that urge viewers to collect their unwanted jewelry so it can be turned into “cold, hard, cash!”

After the 40th commercial, I finally decided to give up and TiVo the rest of the marathon.

This cash for gold thing would have made a great episode of the King

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Why Shopping For Low Gas Prices Is A Losing Proposition

Well, at least it is most of the time.

I know a couple people who will drive five miles out of their way, ten miles round trip, just to save a nickel per gallon.   I’m sure you know several folks that might even drive further to save a nickel or dime per gallon.

I never worry about saving a few cents at the pump.  When I need gasoline, I usually just pull

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Plan Dinner Menus In Advance to Save Big Money

In 2008 my family spent $7447.06 on groceries. That represents the total cost required to make 349 breakfasts, 342 lunches, and 320 dinners during the course of the year for my family of four. It also includes all of the snacks and desserts that we consumed at home for the year.

Like most other folks, our family also enjoys going out to dinner occasionally. In 2008, we went out for dinner

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