Is it better to buy a new car, buy a used car, or lease a new car? If you ask personal finance writers, gurus, and bloggers, the answer is always to buy a used car without question — and without debt, if possible. Here is the problem with one-size-fits-all, mass-audience advice. In most cases, this advice would be correct, but there are special situations that could change the recommendation. This is often ignored by people whose job is to communicate with a broad audience.
Which commercial is the worst in America? Take a look at these poll results from the Consumerist, or just view Staples’ annoying “Wow! That’s a low price!” ad here:
Finally, there’s a new aggregator of personal finance blogs. Take a look at Money Index for the latest stories from a number of websites that focus on a variety of money-related topics.
Updated February 6, 2012 and originally published October 2, 2010. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.