Archive for the ‘Saving’ Category

Guest Post: Where are the every day low Air fares?

This week, I am happy to bring an interesting blog post published by my friend and budget blogger Shreyas at GivingGrinch. He shed some light on how the Air fares are forecasted and how you can take advantage of certain parameters to find low air fares in the current market. He brings in his many years of Airline industry work experience  added with facts and figures to make this post an interesting one. Enjoy reading…

Air Fares: A Short-Term Forecast

According to the Bureau of Transportation and Statistics (BTS) domestic U.S. air fares had the largest percent decline since 2002. With summer in our rear view mirror, the prospects of a slow economic recovery and a decrease in airline capacity many experts believe prices have stabilized. There are still great deals out there; you just have to know where to look. The following suggestions may improve your odds.

Destination Selection

* Trips to business markets, especially those dominated by one carrier (a fortress hub) generally cost more. A fortress hub is a large airport dominated by one carrier. American at Dallas-Ft. Worth, Continental at Houston Intercontinental and Delta at Cincinnati are examples. In these markets the dominant carrier provides non-stop service to points throughout the nation. This level of service allows the carrier to maintain pricing power.

* Pick a destination that is served my multiple carriers (ideally both major and low cost carriers).

* Carriers like Air Tran, Southwest, Frontier, JetBlue, Virgin America, Spirit and Allegiant have taken market share from major carriers by introducing lower fares. This doesn’t mean they always offer the lowest fare. To maintain market share, major carriers will price match. Austin, Las Vegas and Ft. Lauderdale are three examples of markets with a healthy mix of major and LCC competition.

* Select a destination with multiple airports. Below are the average itinerary fares for Houston, New York City, Los Angeles, San Francisco and the Washington D.C. area. As you can see, the fares vary greatly by airport. If you are flexible research fares to an alternative airport. Tip: add ground transportation costs (taxi, car rental, public transportation) to your airfare to compare the total cost of each option.


Source: Bureau of Transportation and Statistics


The Lowest Average Fares in America

Of the top 100 airports (by originating passengers) the most affordable destinations are Long Beach, Oakland, Burbank, Dallas (Love Field) and Las Vegas. Conversely, the most expensive airports are Huntsville, Cincinnati, Grand Rapids, Savannah and Des Moines. Below are the top 30 from both ends of the spectrum. It should not shock you that many of the expensive markets have fortress hubs or limited competition.


Source: Bureau of Transportation and Statistics


A Final Tip: The Best Time to Travel in 2009

The period between Thanksgiving and Christmas is a low period for air travel. During this time both business and leisure travel drop significantly. In an attempt to generate bookings airlines open their inventory to their lowest fares. But don’t buy your ticket too soon…we’re still in a recession after all! There is likelihood even lower/sale fares will emerge between 60 and 21 days to departure – especially in competitive markets. Of course, the only thing less rational than air fares are trying to predict them…buyer beware and happy trails!

Chew Sugarless Gum & Save money

Healthy mouth, Healthy body, that’s an old expression.

Healthy mouth, Healthy body and Wealthy pocket , it’s the new mantra. 


A Healthy body starts with good dental hygiene. That’s what drives us all to brush our teeth first thing in the morning. With that comes, fewer trips to dentist and more importantly to physicians which translates to less money spent on dental and medical expenses. Believe it or not, chewing sugarless gums comes for help to make it even easier in keeping your teeth strong and protect from cavities.


When we were kids, we were told to avoid sugar-ladened chewing gum for health concerns. Now, it is hard to see a kid without gum in their mouth. At the same time, chewing gum manufacturers came a long way attracting health consicious consumers by providing products which ensures good oral health. In this post, we will see how sugarless gum helps to save money and keep us healthy. 


What are Sugarless Chewing Gums?


Chewing gum is no longer is meant to provide a sweet treat or freshen breath. It has taken different avatar in oral health. You’ve seen the claims on sugarless gum wrappers. Packages of Orbit say the chewing gum helps strengthen the teeth. And a package of Trident gum containing xylitol says it helps prevent cavities. The question in our minds, Are these claims solid?


According to Martin Schlatter, Wrigley’s marketing chief, it seems so. A three-year clinical study showed 8% fewer cavities, and a two-year study found a 38% drop, because chewing the gum strengthens teeth and creates saliva that reduces plaque acids.


But not all chewing gum have this magic packed inside, health advantage is totally depend on the type of gum chewed. Two types of sugar substitues are used in sugarless gums depending on the manufacturers. They are xylitol and sorbitol. They are also called sugar alcohols, referring to their chemical make-up but they don’t actually contain alcohol. By adding natural sweeteners like xylitol, manufacturers added the benefit of fighting against bacteria.


How Sugarless Gum works?


Let’s take Xylitol. It is a natural sweetener found in fruits such as strawberries, plums and pears. Xylitol looks and tastes like sugar. For this reason, it’s used to sweeten food and candies like chewing gum,  gumdrops, mints, medicated syrups and tablets, toothpaste and mouthwashes. It’ is also found in dietetic and diabetic foods. Several dental associations endorse sugar-free products that are at least 50% sweetened with xylitol.


Xylitol is an anti-microbial which acts against the bacteria itself, preventing tooth decay according to scientific research. When bacteria in your mouth combine with sugars, they produce acid. This acid damages teeth, causing cavities. Bacteria in your mouth can’t break down xylitol, so no acid is produced. Also, the sweetness of xylitol encourages salivation. Saliva washes out the mouth and helps prevent cavities.


Eating large amounts of products that contain xylitol may have a laxative effect. For example, having more than 10 to 20 pieces of candy or gum per day may cause this effect. This is the only known drawback to xylitol.


It is important to note that studies suggest that sugarless gums made of another sugar substitute called sorbitol do not seem to have the same preventive effect. Sorbitol can increase saliva flow which secondarily strengthens teeth, explains another analyst. But there are no studies that directly show that sorbitol-based chewing gums can strengthen the teeth.


How does Chewing Sugarless Gum save money?


In a PR Newswire post regarding a Majestic Drug survey, we learn some interesting statistics that may not shock you, but will inform you.


One in six Americans experienced a dental emergency in the past year.


Seventy-two percent of Americans have fillings, caps, or crowns, and 23 percent of dental emergencies relate to these restorations.


The survey revealed that out of a thousand people, respondents with an annual income under $35K had a higher instance of dental emergency than those with an income exceeding $100K.


Prevention is always better than cure. Brushing one’s teeth and scheduling
regular visits to the dentist are primary in preventing dental and gum disease, but chewing sugarless gum will strengthen teeth and assist in preventing cavities. That, in turn, adds to a person’s savings. 

For example, an Orbit gum 12 pack with 15 strips in each pack cost = $15. It is 9 cents a strip. If you chew 5 pieces for an average 25 days, it cost just $11 a month and $132. It is far better than spending $150 – $250 for fillings, pulling teeth and more for pain relivers as well. Think about it!

What should I do?


As reported by npr.org, Milgrom, dentist at the University of Washington and his colleagues have studied how much xylitol is needed to actually knock out bacteria and prevent cavities. And he has two pieces of advice.

First: Read the ingredient list on the gum package. If xylitol is the first ingredient, then there’s probably enough of it to be effective. (below list Sorbitol is the first ingredient and not really sugarless gum)

And second: Chew a lot of it.  “You have to chew at least two pieces, three times a day to have an effect,” says Milgrom.


This may sound like an inordinate amount of chewing, but in Finland kids have really gotten used to it. The Finns have been chewing xylitol gum for years as part of a public health initiative to reduce cavities. And Finnish researchers have documented a preventive effect in numerous studies going back to the early 1970s at the University of Turku.


Throughout Scandinavia, xylitol products are widely available, from lozenges and toothpastes to chocolate and candy gummy bears, says Ramos-Gomez, a pediatric dentist at U.C.LA.


Sugarless chewing gums are not only good for you but also good for your pocket. And of course, dental professionals have one more recommendation. Watch your diet. Make certain your toothpaste includes a fluoride ingredient.

Source: Last month(Sep) was dental month and npr(http://www.npr.org/templates/story/story.php?storyId=106347234 ) aired an interesting story on chewing sugarless gum  triggering me write this blog after good amount of research. Thanks to NPR.ORG.

Cash for Clunkers, A True Success?! – A look back – Final Part

Last week, we looked back the Cash for Clunkers program weighing it on 3 different areas like,  economy impact, consumers view and environmental aspect. This week we flip the coin to look on the other side which adds lot of hurt feelings from many organizations including nonprofits.



Non-Profit’s Loss


Many Nonprofit organizations raise fund for their programs through car donations. They accept old clunkers, repair them with help of their volunteers and sell them to the low income people for reasonable price to make extra cash. These organizations share some mixed feelings about this program. Philanthropy.org reported, Cheryl Rios of Texas Can, a Dallas nonprofit organization that serves troubled kids, estimated the organization has lost $75,000 due to a reduction in car and truck donations.

Similarly,  Point Richmond’s Vehicle Donation to Any Charity has seen a 20 percent drop in donations reported on sfgate.com. A big dent in the $3 million the company usually raises from reselling donated old cars and distributes annually among 4,500 charities nationwide.  Car Talk donation which turns over its share to National Public Radio also hurt by this program. 

Car dealers Struggle


Old auto dealers got to make a living by selling the clunkers. They sell to lower middle class people with lower income who doesn’t have real credit depend on them dealers who sell cars for cash and personal credit. This program means fewer clunkers, and  possibly less cash for these dealers another story reported in Houston Chronicle.


About 750,000 cars removed from the market and sent to junk yard. That accounts for a 2 percent reduction in overall supply, which may create a bubble in used-car prices, according to Kelley Blue Book, which tracks car values. “It’s going to take some of the inventory away from people who sell basic transportation for lower income people.”“It will cause the price of our inventory to go up,” according to a old car dealer in Houston. The sort of increase can make a big difference for his customers, most of whom have an average individual income of less than $25,000 a year.


Many old auto car lots are often called as “note lot.” Note lot dealers pick through trade-ins that new-car dealers don’t want to sell. They repair them, clean them up and resell them at a markup to subprime buyers, who often pay a steep interest rate — as much as 20 percent — because of past credit problems.


“There’s still people who need these cars,” he said. “They need a ‘clunker.’?” The program puts an unfair burden on low-income car buyers, many of whom need inexpensive vehicles to get to work.


Repair Shops worry


The vehicles being mashed by government decree still have value, both as a whole and as parts. According to a repair shops, the clunker program could affect non-clunker repairs, too, by driving up the cost of parts.“The long-term implications are the shortage of good used parts. When you crush a car, you take away a lot of parts that have no effect on fuel economy.” That includes body parts and engine components such as alternators and starters. Used parts, like used cars, tend to appeal to lower-income customers who can’t afford new ones.


It is unneeded hardship as per many auto shop owners. In this economy, increasing the hardship on people struggling the most, those clinging to their jobs and stretching their budgets, isn’t a stimulus.


Dealers Frustration


Even dealers who celebrated this summer with great sales through this program have few things to say. It  was overly complicated, a nightmare to manage for dealers and difficult to understand for consumers. Many dealers worried about getting their money back from government and stopped offering this program. Small dealears funds got strapped when government took its own time to process the reimbursements churing lot of frustration. 



Was the cash-for-clunkers program a true success?


Short answer is Yes and No. With some creative marketing and dealing, dealers were evidently able to  convert many nonqualifying shoppers into the buyers of other new or used cars, a trend that created a sizable positive impact on sales as an indirect consequence of the program. Consumer spending edged up 0.2 percent in July with help of this program to boost the economy.


Many call it as more of a political stunt, psychologically satisfying but not economically meaningful. It’s been good for new-car dealers and the automakers, it’s tweaked the overall economy, and it may even help the environment a tad, but there were many hidden losers gone unnoticed by the government.  If we all can maintain our cars like the young lady tin this video, we don’t even have to create programs like this one. Don’t you think?


Sources – chron.com, sfgate.com, npr.org