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Alexi J. Rosenfeld/Getty Images North America/TNS

Bankrate's 2025 holiday spending report

Consumer / Home and Consumer News /

The winter holidays are a time for dusting off decorations and observing traditions — but they’re also rife with money decisions.

Americans are choosing how much to spend on travel, gifts and decorations in today’s economy, along with how they’ll make those purchases. Some holiday shoppers and travelers plan to use credit cards, but ...Read more

Gary Arbach/Dreamstime/TNS

When to use a personal loan to pay off credit card debt

Consumer / Home and Consumer News /

In a perfect world, no one would need to take out a loan to consolidate and pay off debt. In the real world, however, sometimes borrowing money is the only way to dig your way out.

This is mostly due to high interest rates on credit cards. With the average credit card APR (annual percentage rate) at 20.01 percent as of October 2025, consumers ...Read more

Joe Raedle/Getty Images North America/TNS

Economists are realizing the job market is cooling. Workers have known it for months

Consumer / Home and Consumer News /

Andy Challenger is the person businesses call when it’s time to let workers go. And for the past year and a half, his phone hasn’t stopped ringing.

A third-generation outplacement consultant at Challenger, Gray & Christmas — the firm his grandfather founded in the 1960s after his own layoff — Challenger has heard a variety of reasons ...Read more

Everyday Cheapskate: Gratitude on a Budget: Cheap and Cheerful Ways to Give Back

Consumer / Everyday Cheapskate /

Some people's generosity comes with ribbon-cutting ceremonies and giant cardboard checks. The rest of us? We show our gratitude with banana bread or offering to watch the children to give harried parents a much-needed break.

The truth is, giving back doesn't have to come with a big price tag to have a big impact. In fact, some of the most ...Read more

Charly Triballeau/AFP/GETTY IMAGES NORTH AMERICA/TNS

Nir Kaissar: The gold FOMO trade is too late

Consumer / Home and Consumer News /

When I can’t listen to a podcast without someone trying to sell me gold, when money managers tell me clients are jonesing for the shiny metal, and when friends call to ask what I think about buying it, I know without looking at a single chart that the price of gold has gone vertical and that FOMO has set in.

And wouldn’t you know, the ...Read more

The Mercury News/Bay Area News Group/TNS

East Bay hotel is foreclosed in sign of region's ailing lodging market

Consumer / Home and Consumer News /

NEWARK, Calif. — A Newark hotel was seized by its lender due to a delinquent loan, a foreclosure that highlights the wobbly values for the region’s hospitality market.

The Hyatt Place Newark/Silicon Valley hotel at 5600 John Muir Dr. is now owned by an affiliate of lender State Bank of Texas following a foreclosure of an $18 million loan, ...Read more

Dreamstime/Dreamstime/TNS

US mortgage rates drop to lowest level in more than a year

Consumer / Home and Consumer News /

Mortgage rates fell to the lowest level in more than a year, easing affordability concerns for homebuyers.

The average for 30-year, fixed loans was 6.19%, down from 6.27% last week and the lowest since early October 2024, data from Freddie Mac show.

Falling rates have given house hunters more buying power, but demand has been constrained by ...Read more

Real estate Q&A: Do I have to pay for damage neighbor says is caused by palm tree root?

Consumer / Home and Consumer News /

Q: I live in a senior community HOA. My neighbor says the roots of my royal palm are lifting her pavers around her pool. The tree, planted by the developer on my property four years ago, is 10 feet from the property line. Since the tree was already mature, I find it unlikely its roots grew fast enough to cause the damage. The neighbor wants me ...Read more

Everyday Cheapskate: When It Comes to Storing Bananas, Don't Believe Old Wives' Tales

Consumer / Everyday Cheapskate /

For years, I believed an old wives' tale that bananas will turn black and spoil almost instantly if you put them in the refrigerator. In fact, I even passed this notion on to you. Whoops! Hearing from reader Lin made me reconsider, test, and now, recant. Lin is right. I was wrong!

BANANAS IN THE FRIDGE

I read in your column a while back about ...Read more

Everyday Cheapskate: 14 Surprising Ways a Bar of Soap Can Make Your Life Easier

Consumer / Everyday Cheapskate /

If you're a fan of liquid soap for hand-washing and prefer to use body wash in the tub and shower, bars of soap may seem quite old-fashioned. And you may be surprised to learn that good old bar soap still has a valuable place in an active household! Bar soaps -- any scent, and even those little bars from your last hotel stay -- are useful for ...Read more

Everyday Cheapskate: Cheap Source for Quality LED Lightbulbs and More Great Reader Tips

Consumer / Everyday Cheapskate /

Not all companies are starving for business these days. If my mailbag is a good indicator, businesses that offer any kind of repair do better during economically turbulent times.

Makes sense. After all, it doesn't require a Mensa membership to know that it is often cheaper to repair than to replace. And how about those dollar stores? They're in...Read more

Everyday Cheapskate: How to Kick Chiggers Out of Your Yard Without Going Broke

Consumer / Everyday Cheapskate /

You spend a perfectly nice Saturday pulling weeds, trimming roses and finally conquering that corner of the yard that's been giving you side-eye since spring. You feel productive, a little sunburned and oddly proud. Fast-forward to 3 a.m. -- you're wide awake and scratching like you rolled around in fiberglass. What on earth happened?

...Read more

Everyday Cheapskate: Get Financially Confident, Starting Now

Consumer / Everyday Cheapskate /

For a good deal of my life, I lived under a dark cloud of fear that I would end up financially destitute -- a bag lady. Studies reveal that I'm not the only one. Most of us have felt that way, not because we're broke but because we lack confidence. That makes us timid, worried and financially insecure.

Look, we don't have to accept financial ...Read more

Everyday Cheapskate: Keep Important Papers in the Freezer

Consumer / Everyday Cheapskate /

I am always entertained and often educated by the tips readers mail in. Today is no exception. I'm pretty sure you're about to agree with me.

SAFELY FROZEN

I am on a waiting list to get a safe deposit box at my bank. While I wait, I am keeping my important papers in a heavy freezer bag, in the deep freeze. I hear that in a fire, the inside of ...Read more

Everyday Cheapskate: How to Make Your Old Dishwasher Perform Like New

Consumer / Everyday Cheapskate /

There are many things in my life that I enjoy but would not be completely devastated if required to give them up. My dishwasher is not one of them.

During our last kitchen remodel, we donated the old appliances to Habitat for Humanity -- all except for my stripped down 14-year-old Whirlpool dishwasher.

Even though it has been replaced, it ...Read more

Everyday Cheapskate: Halloween Costumes Compliments of the Closet (Not the Credit Card)

Consumer / Everyday Cheapskate /

When my kids were little, I shelled out a pile of hard-earned dollars to make matching Popeye the Sailor Man costumes. I spent entire evenings determined to make them authentic to the muscular guy himself, right down to the boys each carrying a can of spinach! I'm still not convinced anyone under age 25 had any idea who they were supposed to be....Read more

Everyday Cheapskate: Make Your Own Mixes and Save a Bundle

Consumer / Everyday Cheapskate /

They're convenient and tasty, but have you ever considered the high cost of your favorite prepared mixes and spices?

In less time than it takes you to run to the market to pick up a box of Rice-A-Rani or Shake'N Bake, you could make them yourself -- and save a bundle in the process.

With each of these "copycat" recipes, I've indicated the ...Read more

Everyday Cheapskate: Which Bills to Pay First?

Consumer / Everyday Cheapskate /

If you don't have enough money to pay all your bills, which should you pay first, and which ones can slide for a while? That's the question frequently showing up in my email inbox these days. The past year has been so difficult for so many. And with each request for help I receive, the more my heart breaks for my dear readers going through such ...Read more

Everyday Cheapskate: Food Cost-Cutting Strategies for Every Lifestyle

Consumer / Everyday Cheapskate /

If it seems as though you never have enough money to consistently save some of it for emergencies -- consistent, regular deposits out of every paycheck that go straight into a savings account -- perhaps it's time to consider that you're handing over your savings to restaurants, drive-thrus, diners and coffee shops. Think about it.

No matter ...Read more

Everyday Cheapskate: How to Rake Leaves Without Breaking Your Back (or the Bank)

Consumer / Everyday Cheapskate /

Every fall, trees throw their own version of a ticker-tape parade, and like clockwork, we're the lucky ones who get to clean up the confetti. Leaves everywhere -- on the lawn, in the flower beds, and somehow in the dog's water bowl. Again.

But here's the good news: Raking doesn't have to cost a fortune or leave you flattened on the couch with ...Read more

 

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