Last week I wrote about PriceProtectr, a free site that alerts you when prices fall on items you’ve recently purchased. This allows you to take advantage of “price protection” guarantees. I still haven’t used the site myself, but I’ve received several comments and e-mails from readers who rave about the service. For example, Jennifer wrote:
I read about PriceProtectr on your site last week, and so far have had more than $40 refunded from Amazon in price drops. They even refunded shipping for one item that I had purchased through Amazon but shipped from target.com because it now qualified for the free shipping. This is an amazing savings and that $40 is on purchases totaling just more than $150.
I haven’t tried PriceProtectr yet myself. Maybe I should.
Elsewhere, Trent at The Simple Dollar shared a great post today about the meaning of it all. “The problem for most of us is that we’ve made ourselves a very nice prison cell, with bars constructed of mortgages, student loans, car payments, credit card bills, bad debts, and so on…Every time we make a purchase that doesn’t have real meaning for us, we’ve added another bar to our prison cell.” Thought-provoking stuff.
Finally, at CNN/Money Janice Revell recently analyzed six money dilemmas. Here are the six dilemmas and Revell’s solutions:
- Pay off a credit card or fund your 401(k)? (If you have a big credit card balance, take care of it first.
- Save in a Roth 401(k) or a regular 401(k)? (Roth, unless you’re near retirement and know your income will drop.)
- Lease a car or buy a car? (Buy.)
- Prepay your mortgage or invest? (Invest.)
- Buy a home or rent? (Buy if you plan to stay put for a few years.)
- Take early social security or wait? (Wait, if you’re healthy and don’t need the cash.)
Though Revell offers bottom-line recommendations, she does a good job of presenting both sides of each issue.
GRS is committed to helping our readers save and achieve their financial goals. Savings interest rates may be low, but that is all the more reason to shop for the best rate. Find the highest savings interest rates and CD rates from Synchrony Bank, Ally Bank, GE Capital Bank, and more.
This article is about Spare Change