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Posted
Jun 26 2008, 10:51 AM
by
Karen Datko
Rating:
"LivingAlmostLarge" at the blog with the same name read an article about how manufacturers of food and sundry items are shrinking the size of their products and charging the same price. She found the proof in her own cupboards. She wrote that "curiosity got the better of me and I started to pull through my cabinets. And Bounty did decrease the roll size. I can say that because I have some from last summer." Bounty isn't the only product that's smaller now.
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Posted
Jun 08 2008, 10:22 PM
by
Karen Datko
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This post comes from J.D. Roth at partner blog Get Rich Slowly. Consumers underestimate the power of comparison shopping, says a five-year-old report from the Consumer Literacy Consortium. "Consumers often do not realize that, for most products, a wide range of prices are available and, therefore, consumers often pay too much for the items they buy." (The study) results show that most consumers need a far lower price savings to persuade them to comparison shop than can actually be obtained from shopping around. These findings are particularly significant, since the available consumer behavior research indicates that, on the average, only about 50% of people shop around. An important reason as to why consumers do not shop around is the perception that it is not worth the effort. They rationalize that the savings potential will not be greater than the desired 10% savings needed to motivate action.
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Posted
May 28 2008, 12:17 PM
by
Karen Datko
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Maybe the preaching of frugalists has finally been heard, or people have found their common sense or have less money -- but fewer are buying those overpriced 20-ounce bottles of Coca-Cola and other Coke-brand drinks dispensed by vending machines and convenience stores. The Wall Street Journal reported today that bottler Coca-Cola Enterprises Inc. reduced its second-quarter earnings outlook based on weaker-than-expected sales of that size. The WSJ says: Sold in corner groceries, vending machines and other outlets since the early 1990s, soft drinks in 20-ounce plastic bottles revitalized U.S. sales for Coca-Cola and PepsiCo Inc. by getting Americans to drink larger servings. Because they are often sold at prices similar to a two-liter bottle, they have also been highly profitable for the companies' bottlers.
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Posted
May 07 2008, 02:04 PM
by
Karen Datko
Rating:
Little is wasted in the home of reader "smartlane," and much money is saved. Why? Because she controls portions of everything from snacks to condiments to shampoo. She writes: I plan meals ahead, leave out snacks in portioned amounts for the kids, and fix plates for everyone to balance portions, and discourage overeating. I leave ketchup, parmesan cheese, salt, and pepper off table, and butter rolls and potatoes ahead of serving. I put out small bowls of condiments for individual family members. I also put measuring cups in cereal containers to discourage half-eaten bowls from being thrown out. (Smaller bowls have helped here too).
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Posted
Apr 29 2008, 04:55 PM
by
Karen Datko
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Jeremy at Generation X Finance isn't a fan of how the news media cover the economy -- "sensationalistic" and "comedic" are two adjectives he employs -- but he uses a recent story about higher food prices to make a point. CNNMoney.com reported that more people are preparing their own meals, starting gardens, eating leftovers and stocking up when staples go on sale. "Stop the presses!" Jeremy exclaims. "Because of higher grocery bills, people are resorting to such ghastly tasks as cooking at home, growing some of their own food, and using leftovers! Oh, the humanity. "Economic times are just so hard that people have to do things that any prudent person would be doing anyway," he writes.
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Posted
Apr 29 2008, 12:47 PM
by
Karen Datko
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To some, 60 minutes may be a TV show, but to Kris at Cheap Healthy Good, it's the time she takes each week to implement her personal system for saving major money on groceries. With the rising price of food, this is something we all need to read about. Before you try her system, she advocates three steps. First: Junk any food on hand "that A) you can't identify, B) is in an advanced state of decay or mummification, and/or C) is old enough to be carbon-dated."
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Posted
Apr 28 2008, 07:50 PM
by
Karen Datko
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Has saving money replaced America's devotion to shop till you drop? Silicon Valley Blogger at The Digerati Life has found lots of evidence that frugality is catching on across the nation. A chart of what's in and what's out -- posted at SFGate, the Web site of the San Francisco Chronicle -- says it best. Under "in" are such things as cooking at home and fixing the old car, as well as "library" and "tap water." The corresponding items under "out" are eating out, new car, bookstore and bottled water.
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Posted
Apr 24 2008, 07:07 AM
by
Karen Datko
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This post comes from Linsey Knerl at partner blog Wise Bread. The cost of food isn't going down, and for some, it's making the task of feeding a family more painful than ever. It doesn't help that ad agencies and PR companies are getting better at creating snazzy gimmicks to get you to buy.
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Posted
Apr 23 2008, 05:45 PM
by
Karen Datko
Rating:
Shades of World War II: Two warehouse-type retail chains in the United States are rationing rice as anxious customers stock up because of a worldwide shortage. It's the most startling sign that the world food crisis is making itself felt in the United States. But, despite rising food prices here, we've still got it good compared with some developing countries, where food shortages and price hikes have sparked deadly riots.
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Posted
Apr 21 2008, 05:56 PM
by
Karen Datko
Rating:
On the eve of Earth Day, we're happy to tell you that given the choice between green and not-green products, more American shoppers are siding with the environment. This according to that new arbiter of green, your eco-friendly neighborhood Wal-Mart store. Before you snicker, we're here to tell you that Wal-Mart is a leader among the corporate behemoths that have realized that eco-friendly is good for the bottom line.
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