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Year: 2013

Money and Life

National Retail Federation gives its employees off the day after Thanksgiving

November 22, 2013 Bob Sullivan 0

Doing some research for a story about the psychology of Black Friday, I found this nugget on the National Retail Federation’s website. “NRF offices will be closed Friday, November 29.”  It goes on to say that reporters can still get in touch with media relations folks, but only between 9 [Keep reading]

Don't Get Ripped Off Series

Don’t get ripped off: The three Gotchas in bank accounts

November 21, 2013 Bob Sullivan 1

It can feel like the ultimate Gotcha. You give a bank your money for safe keeping, and seemingly just because it’s sitting there, your bank helps itself to a handful of your cash. Your balance dips below $5,000 for one day? That’ll cost $25. You buy a hamburger at the [Keep reading]

Money and Life

Making money won’t make you happy, but saving money will

November 21, 2013 Bob Sullivan 0

You can’t buy happiness, but you can save for it, according to a new survey. I think it’s obvious that people enjoy getting free things. People always take part in online surveys and giveaways in a way to win gift cards and free things. But a new survey has suggested [Keep reading]

Privacy

Don’t apply for a job, or post to Facebook, without reading the results of this applicant discrimination study

November 21, 2013 Bob Sullivan 0

A small but sizable minority of employers in the most conservative regions of the country use online search tools to screen out job applicants based on religion, a practice that is likely illegal, according to a study published Wednesday by Carnegie Mellon University.  The study also found no evidence of [Keep reading]

Gotchas / Consumer

How do infomercials really work? Priceonomics unmasks the industry

November 20, 2013 Bob Sullivan 0

I’m a  big believer in knowing the enemy. It’s the only way to mount a proper challenge when conflict arises.  So one of my favorite guilty pleasures is to meander through the world of those who conspire to take our money. There’s no better place to meander than late-night TV. [Keep reading]

Money and Life

Grading workers on a curve: a dumb idea that simply won’t die

November 19, 2013 Bob Sullivan 0

It’s stunning that just as Microsoft is emerging from a decades-long mistake in how it manages employees, Yahoo is voluntarily diving into the same rat hole. When, oh when, will U.S. corporations stop using 18th Century techniques for managing workers? And when with HR departments stop getting fooled into paying [Keep reading]

Gotchas / Consumer

That $3,500 comment fine? A monster created by the credit bureaus

November 18, 2013 Bob Sullivan 2

Angry about that $3,500 “fine” levied against a woman who wrote a negative review against a company? You should really be angry at America’s credit bureaus.  Here’s why. You probably saw the story last week about a couple that was hit with a $3,500 “fine” for writing a negative review about [Keep reading]

Credit cards

Do you have a love/hate relationship with credit card rewards?

November 15, 2013 Bob Sullivan 0

Do you find credit card rewards programs confusing? Are your points easy to spend? Or are they like airline miles, so laden with restrictions that they seem, well, pointless? Federal regulators say they are looking into the issue, which is making card issuers nervous. Consumer Financial Protection Bureau chief Rich [Keep reading]

No Picture
Gotchas / Consumer

What happens to student loans after a death; the details

November 15, 2013 Bob Sullivan 1

What happens to student loan debt when the borrower dies? The answer: It depends, based on the type of loan. Federal student loan debt can be discharged through a relatively simple process; private loan debt, however, can shift to parents or other co-signers. As the families of many deceased borrowers [Keep reading]

Gotchas / Consumer

How much should that auto repair cost? This tool will tell you

November 15, 2013 Bob Sullivan 0

How much do people hate going to auto repair shops? A new survey says 41% of Americans would rather do their taxes — by hand! — than head to a garage for car repairs. And why not? About 60% say they think they’ve been ripped off by an auto repair [Keep reading]

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About me

BOB SULLIVAN is a veteran journalist and the author of four books, including the 2008 New York Times Best-Seller, Gotcha Capitalism, and the 2010 New York Times Best Seller, Stop Getting Ripped Off! His latest, The Plateau Effect, was published in 2013, and as a paperback, called Getting Unstuck in 2014. He has won the Society of Professional Journalists prestigious Public Service award, a Peabody award, and The Consumer Federation of America Betty Furness award, and been given Consumer Action’s Consumer Excellence Award.

Bob Sullivan

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