Announcement: As a reminder, I am featuring guest authors next week. If you’re interested, please read my posts by following that link and contact me to discuss a topic. I’ll need all submissions by Friday. Thanks!
Americans are Digging Deep to Save Money. Frugality is the new trend, with a new USA Today poll that people are spending less money due to the state of the economy. The poll also showed that more than 55% of people surveyed are spending less for the holidays this year. My Twitter poll earlier this month showed that many of my people surveyed will be spending less money, but not necessarily due to the economy.
Gas price observation. I spotted $1.879 per gallon this morning at a location that offers a discount for customers paying with cash.
G20 Launches Ambitious Plan to Restore Confidence. The group of 20 leaders from developed and developing countries met this weekend in Washington and decided to change the rules. You can expect to see more regulations for hedge funds, more stimulus measures across the world, and a larger role for the International Money Fund. The group will reconvene in April 2009 with the new President of the United States.
I mentioned a few days ago that Citi might lay off 10,000 workers in addition to increasing interest rates on credit cards for all customers. Looks like they’ll be laying off 50,000.
Carnival of Personal Finance: Smile Edition. The 179th edition of the Carnival of Personal Finance includes a round-up of some of the best writing about personal finance from this past week. In addition to the Editor’s Choice articles, start browsing through the Carnival with 5 Proven Ways to Find a Job in a Recession, Money is 100 Percent Emotional, and Top 10 Reasons We are Not Frugal.
Christmas Shopping Tips to Keep Your Holiday Spending Under Control. This article is the antithesis of the piece I wrote for PC World in which I described how to find the best bargains on tech items this holiday season. When I originally asked a few colleagues for input, J.D. from Get Rich Slowly suggested I mention Buy Nothing Day. The blurb was eliminated by the editor. Rather than searching for bargains bargains on the “popular” electronics, maybe it’s time to cut back on shopping overall.
For the “News and Blogs” features, which I plan to run almost daily as long as I have additional articles to share, I select some of the most interesting posts from my RSS reader and from pfblogs.org. If you don’t believe you blog is included on my RSS reader, please let me know to so I can add it. Thanks!