Last-Minute Splurges: Why You Can't Resist

Mary Matthews lives on a tight budget. But the Florida woman lets her frugality fall by the wayside when she spots an alluring shade of lipstick or a fun coffee mug. "The small purchases make up for not being able to spend money on more expensive items," Matthews wrote in an e-mail to The recession, to be sure, has turned more Americans into penny-pinchers: in April, the country's personal savings rate rose to 5.7 percent, the highest since 1995. Yet, even in these cash-strapped...Full Story
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