Marketplace Money for Friday, December 23, 2011

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Episode Description 
It's finally the holiday weekend. We look at two sides of this period of gifting: Giving and getting. We talk to two authors who have opposing views on spending: One doesn't think you can buy happiness and another argues that you can buy happines (and economic growth). All those deals websites make it seem like you'll never have to pay full price again -- but one commentator says she's sick of discounts. Wealthy philanthropists are pouring billions into the public education system. We look at the pros and cons of private money going into public education. And Jennifer 8 Lee shares how the average Joe can still make a big impact on their community too. Some are employing a new strategy: Deals websites. And we got our gang of personal finance experts to make their predictions for 2012.

What makes us open our wallets

What is it about consumers that drives us to want so much stuff? You could blame Madison Avenue, but marketers alone can't make us open up our wallets to spend. Tess talks with author James Roberts about why we buy.
Posted In: shopping, spending

Embrace your inner spender

Tess speaks with author James Livingston, who argues that consumer culture is good for the economy, the environment, and your soul.
Posted In: consumer spending

Overdoing the discounts

Who doesn't love a discount? Commentator Kristina Wong has benefited from group discounts on everything from meals to shoes to massages. But even she has a limit.
Posted In: groupon, spending, discounts

Getting Personal: A look back over a long, hard year

A rare treat for listeners! Tess discusses the ins and outs of 2011 with all four of our regulars, Chris Farrell, Kathy Kristof, David Lazarus and Liz Weston.
Posted In: employment, Jobs, Education, inflation, consumer spending, election

Buy here, pay here? - Beware!

If you've ever passed a used car sale and seen phrases such as "No Credit, No Problem," chances are it's offering on-the-spot financing. And it could well be a scam.
Posted In: Auto, car loans, scams, investment

Magnifying Your Money

Micro grants turn a tiny amount of donated money into something big. Commentator Jennifer 8 Lee describe how it works.
Posted In: philanthropy, Charitable giving

Nonprofits using deals websites to find new donors

Nonprofits need money, deals websites e-mail people who want to spend money -- it's a natural combination.
Posted In: philanthropy, donations, nonprofits

More private money entering public schools

Taxpayers spend about $600 billion a year on K through 12 education. Philanthropists only spend around four billion. But they get a lot for their money.
Posted In: philanthropy, Education, public school, charter, reform

Music from this show

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New Order
Love Is the Drug (1999 - Remaster)
Roxy Music

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