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...Sacramento have plummeted by half. Choe and his family - which now includes a second son - watched from the sidelines until the end of last year. That's when the Choes moved back into a home of their own, a four-bedroom they plucked out of foreclosure at a 35% discount from what it had sold for two years earlier. (See pictures of Americans in their homes...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

Researchers find that people will buy something on sale even if the reduced price is higher than the regular price at another store. "Just seeing the difference between the full and reduced price motivates the purchases," explains Ellen Ruppel Shell in her new book, Cheap: The High Cost of Discount Culture. "It is as though, rather than spending the cost of the product, we're actually earning the savings...

Author: /time Magazine | Title: Cash for Clunkers: The Bribery Stimulus | 8/27/2009 | See Source »

...year's report says a typical family will spend about $221,000 raising a child through age 17; that's 21% more than families spent the year I was born. Food and clothing are cheaper now, but housing and health care cost more. Turns out parents get a bulk discount: people with only one child spend 25% more per child than families with two, and by the time you have three or more, you are spending 22% less on each one. (See nine kid foods to avoid...

Author: /time Magazine | Title: Raising a Child Costs Some $221,000, Before College | 8/24/2009 | See Source »

Knowing that people will be unlikely to volunteer for a service that takes away their phone privileges, Nationwide has partnered with one of the start-ups and is planning to offer a discounted rate for those who use the distraction reducer. The insurer says its discount will most likely cover the cost of Aegis Mobility's DriveAssist, which will be available next year...

Author: /time Magazine | Title: Distracted Driving: Should Talking, Texting Be Banned? | 8/24/2009 | See Source »

...mean to slight the care I received, which was excellent. And fortunately, the total cost for my insurer was about $7,100 after its discount, a small part of which was my co-payment. But had I not been insured, I would have been stuck with the entire $12,000 bill. Reform advocates say charging even $7,100 for something as ordinary as a kidney stone just doesn't make sense and points up what they call the rampant U.S. practice of "defensive medicine": ordering excessive treatment out of fear of being sued for malpractice, which in turn points...

Author: /time Magazine | Title: The Case of the $12,000 Kidney Stone | 8/13/2009 | See Source »

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