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Will You Be Audited?

by Flexo

Through everyday conversations, I know there are people who stretch the tax law as much as possible in order to claim tax deductions for “business-related” expenses. I’d like to follow up after tax season to see how far they’re actually stretching the rules, and if it’s fishy, to determine how many of these individuals end ... Continue reading this article…

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Contact Consumerism Commentary

by Flexo

If you would like to contact Consumerism Commentary confidentially, use the confidential contact form. The confidential form does not require an email address and should be used for company insiders who wish share behind-the-scenes information when privacy might be important. For all non-confidential questions and comments, please use the form below. If you are interested ... Continue reading this article…

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You Know, The Federal Reserve… For Kids

by Flexo

While we’re all anticipating an increase in the Federal Reserve’s short-term interest rate, the Fed has been busy creating a website for kids. The aptly named Federal Reserve Kids Page contains an eagle with large talons and mildly interesting trivia aimed at middle schoolers and those needing a refresher course on the twelve Federal Reserve ... Continue reading this article…

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Home Ownership Tough for Working Class

by Flexo

As the overall rate of home ownership in the United States is increasing, the rate of home ownership by those in the working class is decreasing, according to the Center for Housing Policy. Here’s the research publication [pdf] and a report on CNN Money. So what is this “working class?” For this report, the working ... Continue reading this article…

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Income Disparity by State

by Flexo

Incomes are going up somewhat, but they’re going up much faster for high-income families. A report by the Economic Policy Institute provides state-by-state details to show you just how much those in the executive suite are sweeping the floor with the underlings. CNN helpfully compiled the data into tables which allow you to drill through ... Continue reading this article…

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Recession Prediction

by Flexo

Predicting recessions is fun for the whole family. Even George Soros is doing it. The billionaire believes the Federal Reserve will tighten monetary policy too much, resulting in a “hard landing” for the economy in 2007. Less famous people are predicting the same. James F. Smith, who served as an economist for the Fed in ... Continue reading this article…

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Rebate Scams

by Flexo

One piece of advice by those who love frugal shopping is to take advantage of rebates whenever possible. Many people followed this advice in the recently passed holiday shopping season. Most of those purchasers will not receive their rebates. According to Senator Chuck Schumer, the most diligent customer who follows the complicated instructions exactly has ... Continue reading this article…

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Suze Orman’s Tips For 2006, Part 4

by Flexo

This is the final part in a short series about Suze Orman’s advice for 2006, which is not about 2006, specifically. Watch Your Identity. There’s good advice here. Don’t pay for credit monitoring services because you can do it for free. Everyone in the United States is entitled to one free credit report from each ... Continue reading this article…

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