Posted March 15, 2010 - 06:00 by Xin Lu
Shopping, Green Living
Last year the Cash for Clunkers program gave out billions of dollars in rebates for purchasing new cars. This spring a smaller rebate program called Cash for Appliances is rolling out as part of the stimulus package. Consumers can get cash rebates for purchasing energy efficient household appliances to replace old appliances.
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Posted January 14, 2008 - 10:11 by Catherine Shaffer
Personal Finance, Frugal Living, Shopping, Budgeting
A new study out today in PNAS confirms what we always suspected was true. The higher the price you pay for a product, the greater your subjective experience of pleasure in the product. For a tightwad like me, that's a no brainer. Of course people think that expensive stuff is better. Most of the time, I feel a smug satisfaction knowing that I can enjoy the same quality for a fraction of the price, or free. But here's the kicker. That pleasure experience is real, according to Caltech researchers Hilke Plassmann, John O'Doherty, Baba Shiv, and Antonio Rangel. At first I felt that this was clearly the devil's work, but as I was polishing the cobalt blue enamel on my Aga range this morning, I had a change of heart. Maybe, sometimes, pleasure is worth the price we pay for it.
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