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• Will someone please buy my SUV

  Posted May 26 2008, 11:59 AM by Karen Datko
  Filed under: Debt, Travel, Karen Datko, Transportation
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  As the price of gas goes up, many people's desire to own a big honking SUV heads south. And so may be the value of that SUV sitting in your driveway.

  A growing number of SUV owners are finding that they owe more on their vehicles than they're now worth. And those folks are going to have a heck of a time getting rid of them at a satisfactory price.   Read More...

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• Opportunity cost or opportunity lost?

  Posted Oct 25 2007, 07:41 AM by Karen Datko
  Filed under: Debt, Travel, Spending, Family
  Clever Dude explores how the concept of opportunity cost applies to daily living and concludes that life is not just about the bottom line . He explains a decision (he acknowledges was "lambasted" by some readers "as a frivolous waste of money") to buy his wife, Stacie, a new MINI Cooper after considering other options, like saving or investing the money, donating it or paying down other debt. "Opportunity cost is also more than just calculating numbers," he writes. In the end, what was most important was providing Stacie with dependable transportation in a car that makes her smile.
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