Consumers turning to McDonald's in a scary economy: Don't!
This week, until Sunday, November 16, you can get two triple cheeseburgers for $3.00 at McDonald's. (Or, as a smarty pointed out, you can get three double cheeseburgers for the same price -- that is, until the price goes up to $1.19, as it may soon according to McDonald's management comments.)I wouldn't suggest it, but it seems many consumers are turning to fast food to fix their economic blues. McDonald's this week reported same-store sales were up sharply (compared to its many depressed restaurant competitors, that is) in the U.S. and worldwide. The picture that is rapidly emerging in America is one in which hungry, time-strapped folks are turning away from spendy fast-casual restaurants like Chili's and The Cheesecake Factory and riding the value menus at McDonald's and Wendy's.
Here's why that's a bad idea, financially struggling people: all this food is nutritionally bereft. Save money now on your stacks of corn- and soybean-fed beef patties with imitation cheese, and chances are you'll be racking up thousands (if not hundreds of thousands) of expenses down the road for heart conditions, early-onset diabetes, and other diet-related illness.
It turns out, you can eat just as cheap as McDonald's if you spend a little time planning meals and cooking from scratch -- and maybe eat organic too. We have lots of ideas here at WalletPop on how to eat like a peasant; it's better for your wallet (short-term and long-term), your health, and the planet!

Americans spent more than $2.3 trillion on health care last year. That's more than $7,600 per person -- and it's going to get worse! The government projects that in less than a decade, you'll spend 20% of your annual income on health care.
This weekend, my 14-month-old, Monroe, had a terrible accident. I'd just finished taking out the recycling, and he and his brothers were playing. I heard glass bumping against glass. Strange, I thought, I got it all, didn't I? A moment later, a sound of broken glass, then my oldest son yelling, then screams. Really, really serious screams. Then there was blood. Lots, and lots of blood.
If health risks can't convince you not to start smoking, maybe future poverty will. The financial costs of this nasty habit are far more than the cost of a pack of cigarettes. Smokers pay more for insurance, dry cleaning, and dental care. Their homes and cars have less resale value and they are at higher risk of having a
Hospitals are losing the war on
If Lori Hall Steele could get off her ventilator long enough, she would have a heck of a story to write.
I have watched football games, football reruns and football highlights for more than 30 years. Now a new
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Well the Boomers are crying now. Market is down, 401k's are shrinking, and dreams of early retirement fading. The mad bull market that had us believe it would go up forever has faltered. The gains were so exciting it was easy to lose sight of the real goals and priorities. Financial accumulation became a mission rather than a means to an end.
I'm in New York City this week and one of the exciting things about that is that I can try a wide variety of foods that Cape Cod grocery stores don't have. Today I bought a package of "Glenny's Low-Fat Soy Crisps" and, while they were quite good and relatively healthy for a packaged snack food, the consumer advocate in me has some complaints about the advertising on the package at right. It reads "10 Grams pure Soy Protein" and "Only 65 Calories per Serving."
