Penny Pinching conundrums

[ThriftoRama]

Americans may be forgoing Starbucks and stocking up on Spam, but they are also making severe “diagnostic errors,” Mr. Brafman said. “They’re stressed out, and using the wrong information” — such as the belief that buying at Wal-Mart equals saving money — “to make a decision, and ignoring all other data that contradicts that decision.”

http://www.nytimes.com/2008/11/20/ga...html?_r=1&8dpc

[rob62521]

Interesting article pointing out that saving money is relative...

A couple we know shop the discount club stating they are saving money...milk is cheaper, bread is cheaper, etc. But, they don't have kids at home and they eat out 75% of the time...I can't see where buying a gallon of milk and throwing most of it out and doing the same with bread is cheaper when you have to buy bigger portions. I prefer to go to the grocery, pay for a half of gallon of milk, and use it all.