odd

Money

5 Online "Give Me Money" Campaigns That Worked

Sometimes all you need to do to receive money is to just ask for it.

Sometimes all you need to do to receive money is to just ask for it. Literally. The Internet has given everyone a chance to have their voices heard and to have their "give me money" campaigns go viral. I'm still baffled at how successful some of these cyberbegging campaigns are. Read on to find out more about them, but don't by any means think of these methods as quick and easy ways to get rich!

Source: Thinkstock

odd

6 of the Weirdest Economic Indicators

Experts rely on dry statistics such as unemployment figures and the consumer price index to gauge where the economy is going, but there are other less serious ways to monitor our financial state.

Experts rely on dry statistics such as unemployment figures and the consumer price index to gauge where the economy is going, but there are other less serious ways to monitor our financial state. Even you can get your finger on the pulse of the economy by observing the trends you can relate to. Here are a couple of the weirdest economic indicators:

  • Divorce rates: A rise in divorce rates is a good sign for the economy — it means the credit markets are opening and the economy is on the mend. The recession drives people to postpone divorce because of the expensive legal fees and inability to sell their houses.
  • Nail polish: It used to be that sales of lipsticks correlated with the economy, but not so much anymore, says Leonard Lauder, Estée Lauder chairman emeritus. Women used to turn to lipsticks during the recession as an affordable pick-me-up, but have now replaced them with nail polish. In fact, sales of nail enhancers have jumped 65 percent since the first half 2008.
  • Men's underwear: During a recession, men will skip out on buying underwear. This is one of the most reliable economic indicators, according to Alan Greenspan, the former chairman of the Federal Reserve.
  • Hot waitresses: When there is a recession, there are more hot waitresses around due to the lack of jobs that will leverage their hotness. The New York magazine says, "In flush times, there is a robust market for hotness. Selling everything from condos to premium vodka is enhanced by proximity to pretty young people (of both sexes) who get paid for providing this service. That leaves more-punishing work, like waiting tables, to those with less striking genetic gifts."
  • Miniskirts and dresses: According to the Hemline Index, when miniskirts and dresses are trending, the economy is apparently doing well. The index was developed by economist George Taylor, and the theory apparently has some credence. I can just imagine the men being slapped for trying to conduct this type of "economic research."
  • Online dating: Lonely hearts abound during a recession, and more people take to sites like Match.com when the going gets tough. The site had one of its strongest quarters in 2008 when the recession was at its peak. Experts speculate that misery loves company and people love to seek other people for comfort during tough economic times.
Poll

Fair or Not: Millionaire's Son Wins $107 Million Lottery

The rich just keep getting richer.

The rich just keep getting richer. Brian McCarthy, the son of Marriott's millionaire president, became an overnight millionaire himself after buying five tickets to the Mega Millions lottery while he was at local grocery store withdrawing money from the ATM. His father earned a whopping $1.2 million in 2009.

The lucky 25 year old is a Penn State University graduate who is currently working for Pepsi Inc. as an account manager. And this isn't the first time lady luck has smiled upon him — he had previously won $1,000 each in two separate occasions. After his latest win, Brian has opted to take a payout of $68.4 million instead of 26 annual payments. He has already splurged on a new BMW and a golf trip to Ireland. He has also donated $50,000 to two local charities.

Do you think it's fair that he won the lottery or do you think someone in need should've received the money instead?

Wellness

Body Parts You Can Legally Sell For Cash

Desperate people resort to desperate measures.

Desperate people resort to desperate measures. When I read about the sad story of a 17-year-old boy in China who sold his kidney to buy the iPad 2, I started wondering about what we're actually allowed to sell here in the US and how much people are legally making off of selling their body parts.

Personally, I think I'm going to pass on selling any part of myself for cash — it's not really my cup of tea.

budget tips

6 Extreme Ways to Scrimp and Save

It's one thing to do little acts to save such as bringing lunch to work every day or skipping the Starbucks latte, but enacting a lifestyle change to save dollars takes a lot of dedication and may seem more trouble than it's worth.

It's one thing to do little acts to save such as bringing lunch to work every day or skipping the Starbucks latte, but enacting a lifestyle change to save dollars takes a lot of dedication and may seem more trouble than it's worth. CNN listed a number of real-life penny-pinching examples from super savers. Here are some of the more unique ones:

  • Raising pigs for food. Geoff Overland currently has 13 pigs. His family started raising pigs to save money on pork. He believes he's producing meat for about $1.50 a pound compared to the store prices of $3.50 to $6.
  • Live at the office. An anonymous reader is saving money on rent and commuting by sleeping in his car and office. He takes a shower in his office gym and has an office room to himself, which he furnishes with a cot and a mini fridge.
  • Becoming "quasi-Amish." Beaten down by a bankruptcy and foreclosure, Mike Hammack and his wife moved to the "middle of nowhere" and live in a mobile home. He farms for his own food and rides a horse to town to save money on gas. Mike makes money by selling chickens, eggs, goats, and cows. He is saving $40,000 a year.
  • Make kids pay for meals. In order to save money on vacations, John Synder and his wife have their kids pay for half of the cost of dinner. The child who is paying for the night gets to pick the restaurant. He says this saves him about $50 a night. On the plus side, this cost-cutting method is teaching their kids good financial behavior, John says.
  • Use vegetable oil for fuel. To battle high gas prices, James Bauernschmidt started making his own biodiesel from vegetable oil and he gets the oil free from restaurants that want to get rid of it. This is saving him about $600 to $900 a year.
  • Skip dinners. Maya Speights uses this tactic to save money and lose weight. She says she is simply "reversing how people eat" by having a normal breakfast and a really large lunch instead of an average-sized lunch and a big dinner. Her office pays for her lunches so she's saving money on her afternoon meals and basically only paying for one meal a day. She used to spend $100 every week and a half, but is now only spending $30 every two weeks.

These are all pretty extreme ways to save extra cash — can you relate to any of them?

website

15 Weird and Wonderful Things You Can Get For $5

If you think $5 can only get you lunch and not much else, then you're not thinking creatively enough.

If you think $5 can only get you lunch and not much else, then you're not thinking creatively enough. I was looking through some of the options at Fiverr.com, a cool website that lets people buy and sell services for just $5. Some of them seem like jokes, but some actually seem worth far more than a fiver. Read on to see what a few bucks can get you on the website.

Source: Flickr User krossbow

India

Website Reveals How Much People Are Bribing in India

Corruption is rampant in the upper echelons of India, ranging from the government to corporations.

Corruption is rampant in the upper echelons of India, ranging from the government to corporations. It's not too surprising because India is a country where it's common to bribe people to get things done. Although petty bribery is said to have lessened since 1991, says The Washington Post, it still frequently occurs.

Bribing seems to be quite complex since it isn't really legal. How do you go about paying someone off if there are no set standards to follow? The website IPaidaBribe.com attempts to answer all lingering bribery questions for those living in India. For example, to get a rough estimate of how much to bribe, visitors will see how much other people paid in instances like bribing off a police officer for not having a license or getting your kid into college. However, readers need to keep in mind that the content is all user generated, which means it isn't very reliable.

It's not as dubious as it sounds — the site also encourages you to write about experiences when you didn't have to bribe. I think IPaidaBribe.com revolves around the idea of making bribery transparent, and it's not really a how-to website for slipping people cash under the table.

After going through some comments and reading about how one user had to bribe a police officer to clear his father's name after a false charge of theft, I feel pretty lucky that bribery isn't part of our culture here in the US.

commercial

Bank Commercial Uses Clips of Mother Theresa, The Matrix to Score Customers

Talk about a marketing strategy gone wrong.

Talk about a marketing strategy gone wrong. Business Insider posted a commercial that the now defunct Icelandic bank Kraupthing released before the worldwide economic meltdown. You'll see video snippets of Martin Luther King Jr.'s "I Have a Dream" speech, Nelson Mandela being sworn in as president, the moon landing, some war footage, and yes, The Matrix. The ad might make for some kind of feel good inspirational message, but it definitely doesn't work well as a bank promo.

odd

Not Sure What to Donate To? How About the $14 Trillion National Debt

If you're mulling over what cause to donate to, you can consider chipping in towards the $14 trillion national debt.

If you're mulling over what cause to donate to, you can consider chipping in towards the $14 trillion national debt. Be warned that the stark contrast between the massive debt and the amount you decide to give may make your donation feel measly, and frustrations may ensue if you disagree with what the government is spending money on.

The Treasury Department has been collecting donations since 1996, and their most fruitful year was in 2009, when they received a total of about $3 million. According to The Consumerist, your monetary goodwill towards the mounting US debt isn't tax deductible, so be sure to keep that in mind as well. To make things convenient, the Treasury Department accepts payments from credit cards, checking and savings accounts. If you want to send in a check, make it out to the "Bureau of the Public Debt," and list "Gift to reduce the Debt Held by the Public" in the memo section.

Would you consider donating to the US Treasury?

consumerism

What Do We Pay For These Odd Items?

You may know the price of those grocery staples, but what about products or services on the market that you never think about?

You may know the price of those grocery staples, but what about products or services on the market that you never think about? NPR recently interviewed Eduardo Porter, author of The Price of Everything to learn more about our quirky money habits. Think you know about the price of these uncommon items? Take our quiz and see how you do!

Take the Quiz