Consumerism Commentary

This informative group blog was honored by Kiplinger as a “must-read” blog and named as one of Yahoo!’s “Ten Money Blogs Everyone Should Read.”

Profile of Consumerism Commentary

Latest Posts from Consumerism Commentary (page 193)

Net Neutrality Simplified

Depending on how you get your news, the topic of network neutrality can seem boring, or confusing, or both. Possibly you haven’t yet heard about it, or you’ve already formed an opinion. The reports I see are too often complicated, lacking reasoned arguments and full of hyperbolic guesses as to what the future might hold. […]

Pay Czar Ordering Bailed Out Companies to Reduce Pay

The executives of these companies had to see this coming. When a company is “too big to fail,” it becomes a public institution in senses of the phrase but the most literal. And for a number of banks and other financial companies in the past year, the public has become a partial owner thanks to infusion of cash from the government bailouts. […]

Investor Psychology: Why We Fail to Make Good Financial Decisions

Investors make better decisions when they separate emotions from the thought process, but it’s practically impossible to achieve the goal in perfection. Regardless of how hard one tries, emotions will always be present. […]

Senator Dodd Going Ahead With Overdraft Legislation

We told you last month about banks deciding to let customers opt out of overdraft fees, first announced by Bank of America and JP Morgan Chase, and then the next day by Wells Fargo (and Wachovia, which it owns). These big banks made the changes very soon after lawmakers announced an intention to try to regulate the extent to which customers are punished for spending money they don’t have. […]

New Graduates Facing Unemployment May Never Reach Income Potential

The unemployment rate for young workers between the ages of 16 and 23 is 18%, and that is an increase of five points from a year ago. That age group includes high school drop-outs as well as college graduates, and for these people the future looks bleak. Adults are taking the minimum-wage jobs teenagers might be offered in other economic situations. […]

ING Direct Offers “Added Value” Certificate of Deposit

In an effort to attract more new deposits, ING Direct is offering a new savings product with a high interest rate, the “Added Value” certificate of deposit (CD). If you are willing to deposit new money to ING Direct and let the bank hold that money for one year without any withdrawals, ING Direct will pay you a rate of 2.25% APY (as of October 18, 2009). […]

Podcast 26: Mark Frauenfelder, Creator of Boing Boing

Tom Dziubek and Flexo speak with Mark Frauenfelder, the creator of Boing Boing and the editor-in-chief of the MAKE magazine. […]

Google Editions: E-Books From Anywhere

In addition to Sony’s and Amazon’s electronic bookstores (about 100,000 and 330,000 titles available, respectively), booksellers now have another huge option for getting their books into our hands: Google Editions, which will launch next year with between 400,000 and 600,000 titles. Not necessarily a store or a device Google Editions is built on top of Google’s enormous book digitizing project cal […]

Quicken 2010 Review and Giveaway

Update: The giveaway has ended and the winners will be announced shortly. Note: This is a long article containing an in-depth review of the new version of Quicken. If you are just interested in the giveaway of Quicken 2010 Deluxe, scroll to the bottom of this article. It took me a long time to warm up to Intuit Quicken. […]

How to Create Your Own Extended Warranty

In my article the other day about the deal I got on a new computer despite my immediate need, I neglected to mention something important: I refused the extended warranty that the salesperson offered numerous times. Any extended warranty is almost always a bad deal. […]