Why Extended Warranties for New Tires Are A Waste of Money

Awhile back I bought four new tires for my 1997 Honda Civic. The tires came with a pro-rated 65,000-mile guarantee and were $74 each, or just under $300 for the entire set.

As the salesman was tallying up the bill he asked me if I would like to purchase the extended warranty for my brand new tires.

“And how much is that?” I sheepishly asked.

“It’s only $9.95,” came the salesman’s immediate reply.

“Is

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Why Some Who Cut Expenses to the Bone Still Can't Make Ends Meet

The other day I was fueling up my car at the local gas station. While I was waiting for the tank to fill, I thought it would be a good idea to get rid of the remains of a ridiculously large bug that was splattered on the windshield.

Unfortunately, the only squeegee I could find was at another pump island that was occupied by a big ol’ cowboy who was filling

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You Can Call Me Almost Anything – But Please Don’t Call Me Cheap

As the economy continues its struggle to emerge from its seemingly never-ending malaise, many folks are working hard to find additional and more creative ways to save a buck or two.

I recently had lunch with a friend of mine who called me a cheapskate because I dared to bring home a healthy handful of extra napkins that an overzealous fast-food server had placed on the tray with my meal.

“I’m not

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Why Sneaky Package Size Reductions are No Longer Fooling Consumers

The Honeybee will tell you that this guy and I have at least one thing in common.

Not too long ago I was preparing a recipe from an old cookbook that called for a couple of 7-ounce cans of tuna.

After looking in the pantry, I was happy to see that I had exactly two cans of tuna — until I remembered that tuna was one of the many products affected

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Extended Warranties: 4 Essential Questions to Ask Before You Commit

As many guys will tell you, after countless cookouts and parties we tend to get attached to our barbecue grills the same way we get attached to our dogs.

Let’s face it, a good barbecue grill, like a good dog, is something to be revered, and as such it’s always tough for their owners to recognize exactly when it’s time to finally say goodbye. It’s a reality that I had to

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9 'Oops' Moments That I Ultimately Paid For (One Way or Another)

Last week I needed to venture into my attic to check on some rat traps, so I grabbed my flashlight to help me navigate my way through the rafters. As luck would have it, the flashlight wasn’t working; the last person who used it forgot to turn the darn thing off, so the batteries died.

Oops.

Anyway, with no spare C-cells in the drawer and an unplanned trip to the store in

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The 6 Biggest Consumer Electronics Markups (and How to Fight Back)

What do a grocery store, a funeral home and a college bookstore have in common? They each sell products with some of the highest markups in retail.

While we don’t want to think of a funeral as a financial transaction, the reality is that we all pay a premium for products that are produced for a fraction of the cost. Though there’s nothing we can do about the price gap between

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How to Find A Low-Priced Plumber That Won’t Rip You Off

I’m not a plumber. In fact, I’m not very handy around the house at all.

If I can’t fix something with a hammer or screwdriver I prefer to pay somebody else to do the work. That’s why I decided to get a professional to reroute and install new plumbing hardware during our kitchen remodel.

Of course, we needed estimates. After making a few calls to local plumbers, the Honeybee presented me with

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Economic Collapse 101: Comparing Costs of Emergency Food Supply Options

Sometimes it’s not easy being an ant. Especially when you’re living among a bunch of grasshoppers.

There’s a well-known Aesop fable about an oblivious grasshopper who spent his summer days living the high life and mocking an industrious ant, who was busy building a shelter and storing food for the coming winter.

Of course, we all know how that worked out for the grasshopper. After winter arrived, the well-prepared ant found himself

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Essential Tips for Lowering Your Grocery Bill (Part 3)

This is final post in my three-part series outlining essential tips that the Penzo household follows for keeping our grocery bills under control.

Of course, there are many methods for cutting the grocery bill that go way beyond shopping at discount grocery stores, taking advantage of in-store specials, and using coupons. However, there are several areas that I tend to focus on in order to ensure my grocery costs stay as

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