Don’t be Fooled by GM and Other Readings
Chevrolet is so proud of its 60 day “bring it back if you don’t like it” policy. It’s president is now bragging that only one car has been returned under the policy. I’m not impressed. I hope car buyers aren’t falling for this “free trial” deception.
Seriously, who is going pay $500 for a sixty day “free” trial on a Chevrolet?
Instead of buying a GM car, spend some time catching up on your personal finance reading. I recommend the following:
Over at Debt Free Adventure, Matt Jabs joined the “I don’t care what my FICO score is” club. Don’t overlook the comments to the post. I wish more folks would throw off those credit score shackles. It’s sad and disappointing that many personal finance bloggers devote so many of their words and advertising links promoting the “best” credit cards. There is no “best” credit card. Rather, there are some that are less bad for you than others.
Andrea at Fools and Sages wrote a nice piece on the attributes and benefits of thoughtful spending. Americans are notorious for being impulsive shoppers and less than mindful of the consequences. As Money and Such tells us, buyers on credit are often undisciplined consumers.
For a final dose of hard truth, the Macroblog (from the Federal Reserve Bank of Atlanta summarizes the evidence that our economic recovery will be a “jobless” recovery. A lot of the jobs that have been lost are not coming back. Get used to it.
Enjoy the rest of your weekend.