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What is the rule of 55 and how does it work?
The rule of 55 can benefit workers who have an employer-sponsored retirement account such as a 401(k) and are looking to retire early or need access to the funds if they’ve lost their job near the end of their career. It can be a lifeline for workers who need cash flow and lack other viable alternatives.
Here’s how the rule of 55 works and ...Read more
Everyday Cheapskate: Groceries and the Dating Game or What Expiration Dates Really Mean
If I had a dollar for every time someone asked me about food expiration dates, I could afford to buy a lot of the milk that gets tossed each week just for being one day "past."
These questions come in by the dozen -- from readers, neighbors and once from a stranger in the dairy aisle holding a suspicious-looking yogurt cup like it was a ticking...Read more
Real estate Q&A: What can I do after neighbor trimmed my hedge without permission?
Q: My next-door neighbor has been pressuring me to trim my hedge to match his landscaping, but I haven’t wanted to. A couple of weeks ago, I came home and found that he had trimmed the hedge himself, the way he wanted it. I was furious, and he essentially told me that he was going to do it anyway and that I should deal with it. What are my ...Read more
How a Macy's parking structure became LA's latest luxury apartment complex
LOS ANGELES — An unlikely corner of one of L.A.'s once-famous/now-dead malls is open for business again this week as residents move into luxury apartments on the spot that used to be a Macy's parking lot.
The Westside Pavilion was one of the city's premier shopping venues and a cultural touchstone for generations of Angelenos, appearing in ...Read more
Why this major builder is shifting to data centers in Trump's America
Skanska USA Building builds big. One of the 10 largest general contractors in the United States, its Swedish owners bought Blue Bell-based Barclay White in 2000; added their name and capital; built a national staff of engineers, architects, and managers; and now have offices directing construction in New York and California, Texas and Florida, ...Read more
Everyday Cheapskate: 14 Ways to Use Coffee Filters That Don't Involve Coffee
It was a dumb mistake. I grabbed the biggest package of coffee filters -- a pack of 1,000 -- only to discover much later that I'd picked up the wrong size for my coffeemaker.
Coffee filters are not expensive, which is probably the reason I didn't bother returning them to the store. I suppose I should have tried, but I didn't. Instead, I began ...Read more
Bernard Arnault bets on LA's Rodeo Drive with new Tiffany, Louis Vuitton flagship
Bernard Arnault is pressing ahead with two major developments on Rodeo Drive in Beverly Hills, tightening his grip on one of the world’s most exclusive retail corridors.
Arnault’s luxury conglomerate, LVMH Moët Hennessy Louis Vuitton SE, is planning a new Tiffany & Co. flagship store on the site of the old Luxe Hotel, which will be ...Read more
Everyday Cheapskate: How to Get Washed Salad Greens Perfectly Without a Spinner
I was way off base when I guessed "egg-gathering basket." Leslie Hindman, host of the TV show "Appraisal Fair," held up this round cage contraption with folding sides and asked us to guess, "What the Heck Is It?" Salad spinner was the right choice, but who knew people were wasting their money on needless pieces of kitchen equipment back in the ...Read more
Everyday Cheapskate: Financial Planners 101
Over the years, I've noticed a growing trend in my mailbox: readers in search of financial planners or advisers -- or assistants. When taken in the message's context, it's pretty clear that not everyone means the same thing when they refer to a financial planner-adviser-assistant-helper.
One reader wanted to know where to find a financial ...Read more
Everyday Cheapskate: Are Expensive Appliances Worth It? Not Always -- Here's When They Are
You're standing in the appliance aisle at your favorite home store, staring down two dishwashers. One is modestly priced at $499. The other is more than double that -- $1,299 -- and comes with all the bells, whistles, LED lights and an app that alerts your phone when the rinse cycle finishes.
So you wonder: Is the expensive one really worth it ...Read more
Home Depot's $5.5B GMS deal gets final antitrust clearance with Canadian OK
Home Depot has checked another box for its pending acquisition, a $5.5 billion deal to buy specialty building products distributor GMS Inc.
Home Depot said Friday it has received clearance from the Canadian Competition Bureau in the form of a “no-action” letter. Home Depot and GMS both do business in Canada.
Home Depot says it has now ...Read more
Everyday Cheapskate: Got a Problem? Try WD-40
The year is 1953. Rocket Chemical, a struggling company in San Diego, sets out to create a rust-preventive solvent that can displace water. On the 40th attempt (note: 39 failures), they nailed it. Thus, WD-40 was born.
While the ingredients remain a well-guarded secret more than 50 years later (the company insists there's nothing in it to harm ...Read more
Everyday Cheapskate: How to Curb the Urge to Splurge
When it comes to compulsive tendencies, there's no question I received more than the standard allotment.
I can sit down fully intending to watch the evening news and end up owning a pasta machine. I can stop by the mall to just look around and come out with three outfits I'll never wear, a gift I'll never give and several things for the house. ...Read more
Everyday Cheapskate: How to Clean and Care for Wood Floors to Keep Them Looking Beautiful
Of all the choices in home flooring, wood stands out for many as the most beautiful. Wood is durable, coordinates well with any decor and most real estate agents agree it improves the home's value at resale. Knowing how to protect and clean wood floors is essential -- and surprisingly easy.
AS IT HAPPENS
To protect the finish and keep wood ...Read more
Everyday Cheapskate: How to Buy Unlocked Phones, and Why You Should Definitely Consider This
There was a time when getting a new cellphone felt like signing a mortgage -- except with worse terms. You'd walk into a carrier store, pick out a shiny new phone, and they'd practically hand it over "for free" -- as long as you promised to stick around for two years and not ask too many questions.
These days, you have options. Big ones. And ...Read more
Everyday Cheapskate: Homemade Stainless Steel Cleaner
Fed up with all the greasy smudges and fingerprints on your stainless steel appliances but also tired of spending $10 or more on stainless steel cleaners? Good news! You can skip the expensive store-bought commercial stainless steel cleaners and make your own highly effective cleaner for just pennies.
Stainless steel has become a popular choice...Read more
Everyday Cheapskate: How to Store Bread to Keep It Fresher Longer
Bread has a certain shelf life, beyond which it can go stale, become moldy and, in a short time, inedible. It is possible to extend its delicious lifespan once you understand the ins and outs of how to store bread.
It's the starch in any baked goods that makes them become stale. Exposure to air and heat can make the starch crystallize or ...Read more
Everyday Cheapskate: Homemade Stain Remover for Laundry and Carpet
I'm excited to teach you how to make a fabulous, if not magical, homemade stain remover. This stain remover recipe is so easy and cheap to make. And, wow, does it perform!
Unlike some other homemade laundry stain and detergent products you'll find here at Everyday Cheapskate, this one is also a homemade stain remover for carpet. Ah-ha! That got...Read more
Everyday Cheapskate: Smart Thrift Store Shopping in Today's Economy
If you think thrift stores are musty graveyards for shoulder pads and shag carpets, allow me to change your mind. Because in this economy, thrift shopping isn't just a hobby -- it's survival with style.
Gone are the days when "secondhand" meant sad and saggy. Today, thrift stores are packed with quality finds if you know how (and where) to look...Read more
Everyday Cheapskate: What Every Kid Needs to Know About Greed and Thankfulness
If there is one thing that will ruin your kids' lives, it's greed. Teach them while they're young how to pull the plug on greed and you will have prepared them in a very important way to not only survive but also thrive in the real world. You may want to start with this lesson:
LESSON: HOW TO DEFEAT THE ENEMY THAT IS GREED
As you get older, ...Read more
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