Personal Finance Roundup: Why Great Deals Don’t Automatically Equal Savings

saleI came across a post on the Money Ning blog that gave me some food for thought this week. I’m usually not one to turn down a bargain if I feel like I’d be getting a good deal, but their recent post on Are You REALLY Saving? 3 Ways You Could Be Overspending made me stop and think about whether that’s really the best move. Many of us make bulk buys or keep an eye out for sales so that we can save money on our purchases, but you may want to think twice after reading Miranda’s points about why you’re not necessarily getting the deal that you might assume.

Here are some more great posts from the personal finance blogging community in the past week:

Save Your Marriage From Money Problems. It’s well-documented that money-related issues are a big contribution to the divorce rate. See this post for advice on what you need to sit down and discuss before the wedding to make sure that you both know what you’re getting into from a financial point-of-view. [MoneySmartLife]

31 Days to a Better Grocery Budget: Sign Up for Freebies. This post is part of a series but on its own, it offers some good tips for getting your hands on freebies to lower the cost of your grocery shop. [Money Saving Mom]

How to Stockpile Food for Survival. If you’ve been toying with the idea of storing food in case of an emergency or for if money gets extremely tight in the future, check out this post for tips on how to go about building and managing a successful stockpile of food. [Frugal Dad]

Extra Cash. Got some extra cash that you’re not sure what to do with? Take a look at some of the options here to give you some inspiration. [The Dollar Stretcher]

Choices For Your 401(k) When You Leave Your Job. Have you thought about what you’ll do with your 401(k) if you’re no longer working for your current employer? This post takes an in-depth look at some of your possibilities. [Free From Broke]

Protection From Identity Theft the Old Fashioned Way. Identity theft that has its roots online gets plenty of attention, but are you taking steps to limit the chances of falling victim to a less sophisticated form of fraud? This post offers a reminder of why it’s important to protect yourself against the more ‘old fashioned’ methods of identity fraud, such as having your purse/wallet stolen or your mail being intercepted. [Good Financial Cents]

Unemployed? Many Hiring Employers Won’t Give You a Second Look. Unemployment can occur for a number of reasons and it’s not necessarily your fault if you’re currently without a job – especially in the current economic climate. Despite this, it still seems that some employers aren’t sympathetic to this.┬áThis post draws attention to the possibility tha your job application will land straight on the reject pile once employers see that you’re unemployed. [20somethingfinance]

How To Negotiate Your Rent in 2010. Here’s a great guide to negotiating down your rent in today’s rental market. The amount of People renting has gone up considerably due to so many foreclosures in the past few years, so negotiating your rent is a little tricky right now. This article shows you how. [Software Advice]

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(photo credit: timparkinson)

  • Ben @ Money Smart Life

    Hey Sally, thanks for point out the article on money and marriage!

  • Craig/FFB

    Thanks for mentioning my 401(k) article!

  • Miranda

    Thanks for including my MoneyNing post!