WalletPop

I'm not sure what's more heartbreaking about Cyclone Nargis, the military's junta's failure to forewarn residents of Myanmar about the deadly storm or the regime's reluctance to allow western governments and relief groups into the country to provide assistance during the crucial early days when victims need food, water and medicine. I suspect that this gives many would-be donors pause -- people don't want to give if they're not sure the food and supplies purchased with their donation will get to those in need.

I contacted Michael Forhan, a friend's father, who has lived in Myanmar and runs Burma Border Projects, a non-profit group founded to aid refugees along the Thai-Burmese border. "Some aid may be allowed in, but the bulk of the aid that's waiting to go still hasn't and may not ever make it in time," he said in an email. "My fear is that giving to larger international organizations may not be as efficient or timely as so many of them are having difficulty getting their aid into the country."

I am hopeful that pressure from the United Nations will persuade the junta that the crisis requires urgent international assistance or else famine and disease could increase the death toll, which is already in the tens of thousands. Meanwhile, Michael suggested donating to two grassroots organizations already on the ground and helping:

Here's a way to have your casket and drink it too...

Aaah, PBR! Let Budweiser claim to be the king of beers; Pabst Blue Ribbon doesn't aspire to such lofty heights. Pabst is the beer of the working man, the hard-core drinker, the one that I'd pick up at the bar when I'd already gotten drunk and couldn't feel my nose. Pabst doesn't waste time on things like flavor or bouquet. No, it's a no-nonsense, get-you-drunk-and-happy beer.

In spite of its shortcomings, PBR has a surprisingly loyal fan base, including my grandfather, my friend John, and Bill Bramanti, a 67-year old Chicago Heights man who recently decided that he wanted his burial to have a little pomp and circumstance. While the Vikings went to Valhalla on flaming ships and the Pharaohs entered the afterlife surrounded by retainers, Bramanti wanted his death to say something about his life. With that in mind, he bought a casket from the Panozzo Brothers funeral home of Chicago Heights and had it customized by the Scott Sign Company, of the same city. Now, when it's Bill's time to enter the great big dive bar in the sky, he's going to do it in style, wrapped in a great big can of Pabst.

A recent study of inexpensive earrings conducted by a pair of scientists at UC-SF found that almost a third of the under-$50 pairs they tested contained nickel. Why does this matter? In my years as a jeweler I became acutely aware of just how many people are allergic to the metal. Nickel dermatitis results in very sore, red and swollen ears and eczema-like symptoms.

The study found that a higher percentage of earrings on American shelves targeted to younger wearers contained nickel. They didn't find an correlation between the country of origin and the propensity for nickel.

Fortunately, there is a simple fix for many cheap earrings. If they are dangles, replacing ear wires made with nickel with those made with surgical steel should fix the problem. Fixed posts can also usually be swapped for stainless steel ones, although the cost of having your jeweler do so may exceed the value of the earrings.

Gold and platinum jewelry doesn't contain nickel.

Today (May 13) from 4 pm to 8 pm, Häagen-Dazs is offering a free scoop of its new Vanilla Honey Bee ice cream at participating shops. The new flavor combines creamy vanilla with just a touch of real honey. Häagen-Dazs says that honey bees are the key to creating 40% of their flavors, but that they are disappearing and no one knows why. The company created this flavor to bring more attention to the plight of honey bees.

You can find a shop participating in todays free scoop promotion on this page. Enjoy your free scoop and let us know how you like the new flavor.

Does it really surprise anyone that employers are cracking down on the use of social networking sites while at work? Much like pornography and eBay, those sites are best used when you're on your own time, not on your company's paid time.

I know, I know. Young workers need access to Facebook or Twitter like the rest of us need oxygen. It's essential to survival. How can you ever get through a day without knowing that your friend is on the way to the coffee shop to meet a friend or that your sister has just bought the cutest new shoes? Updates every few minutes are essential, because you are dying to know what everyone else is doing while you're... uh.... working. Yeah, working.

A survey in England found that employees are spending at least 30 minutes a day on Facebook or MySpace while they're supposed to be working. A couple of survey participants even admitted that they spend up to three hours a day on social networking sites while at work. Yikes.

With food costs rising at a furious pace, restaurants are looking to avoid increasing their menu prices: by serving smaller portions. In addition, many chains are offering really small servings in an effort to lure in health- and budget-conscious consumers.

It's working to the extent that the small servings have quickly become big sellers, but it isn't making people any thinner. According to the USA Today, "Instead, people are using smaller dishes as an excuse to add to their orders, spending - and probably eating - just as much as before."

That's right! No pesky fun-sized dishes are going to interfere with our pursuit of the American Dream: the 42-inch waistline. But at least ordering smaller portions makes people feel healthier -- even if they order 7 of them.

I bet those are the same people who order 2,900-calorie cheese fries, and then wash them down with a Diet Coke.

Last month I shared my quest to save money by reviewing our cell phone bill. I found that we could get unlimited texting on all of our lines without any increase in our monthly rate. This was a huge deal since my sister was as familiar with text overages as the Cookie Monster is with cookies! Due to the amount of texts already sent I decided to do something I should have avoided, I switched plans mid billing cycle. Most places this wouldn't be a huge deal, but Verizon's billing system is arranged to maximize confusion for users and profit for the company.

Since the switch occurred mid month Verizon pro-rated the text message plan on my sister's phone. Normally this means I get some money refunded and it only appears that I was ripped off on the bill. This time however was different. Even though the plan she was on was for 1,500 text messages and we switched to an unlimited plan Verizon decided that the allotment of messages at the time we switched was 913, which just happened to be 403 below what she had already sent resulting in a huge overage.

According to BusinessWeek, "In recent months, peer-to-peer lending sites such as Prosper and Virgin Money USA have introduced student loans or started marketing existing offerings to families looking for college funds. Others, including startups GreenNote and Fynanz, are focused exclusively on making college loans."

It's not a surprising development. Peer-to-peer lending has been growing in popularity for years and the tightened credit market is making it tougher for some students to secure loans for college.

There may be a future in peer-to-peer student loans but I don't see it happening anytime soon. Here's why:

• Subsidized student loans are always preferable. Before exploring any private loans, college students should complete the FAFSA form and take steps to see how much they can borrow at artificially low interest rates.

News reports say that as the number of mortgage foreclosures increases, so do the number of "suspicious" fires. When the fire occurs mere days before a homeowner will be forced to leave their house due to foreclosure, it obviously creates suspicion.

Some homeowners do it to get revenge on the mortgage company or bank. Others do it thinking that they will collect insurance money that can be used to prevent the foreclosure. Check out this video on setting houses on fire, especially in areas with higher rates of foreclosure.


Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.

Diversification is a common approach for companies that wish to insulate themselves from market shifts. I've rarely seen an example as amusing, though, as that behind the Christian dating service BigChurch.com. The site, which proports to 'Bring people together in love and faith," is owned by the porn purveyor Penthouse Media Group Inc.

BigChurch.com, which claims almost half a million members, queries potential members about their goals. Among the choices are 'to find a prayer partner' and 'find a Bible study partner'. There are no drop-down boxes to check for three-ways or dominatrix. The survey also asks about the respondent's relationship with God. "Oh God Oh God Oh God!" is not one of the menu responses.

I'm guessing this story, which was broken by Jennifer Odornêz in this week's Newsweek, will bring the site crashing down like the walls of Jericho. Until then, members should understand that a cross dresser is not someone who wears a religious artifact.

As millions of Americans are waiting to see that sweet sweet stimulus rebate appear in their bank accounts, many banks are feeling the pressure. My boss reported that as he was trying to manage his parent's finances last week he couldn't get into the local bank's online service. A phone call later and the problem was revealed to him by a friendly bank employee. The online banking system couldn't handle the repeated refreshes it was getting which could only be attributed to the throngs of people eagerly awaiting their HDTV allowance from the government.

We already received our stimulus package but today as a I tried to check the status of several automatic bill payments I was confronted with an error page. It's not that I don't understand the load that these requests are having on banks, I am just surprised that that many people are refreshing their bank websites in the wait for government cheese. It seems the many economic stimulus sales may be inciting consumers to spend spend spend.

If you haven't received your rebate yet and your social security number's time has come and gone be sure to check out several reasons your rebate may have been delayed. If you don't fit any of those categories and you still haven't received your money and you bank anywhere other than Citi or Chase do me a favor -- WAIT -- don't check your bank account like a meth addict in need of a hit. Some of us have important banking matters to attend to, like seeing if thePaypal transfer for selling my toilet paper roll collection went through!

When I was fourteen or so, my family and I spent almost a month tooling around Europe. Apart from certain miseries associated with putting six people in a cramped BMW and the fact that my sister Ella had a terrible smell for the whole summer (we later discovered that she'd jammed a piece of sponge up her nose), we had a great time. We were exploring foreign lands, the dollar was really strong, and the U.S. government was footing a big chunk of the bill, as my dad was officially there on business. What's not to like?

In retrospect, I guess I was something of an ugly American. While I've since learned to become a little less obvious when wandering abroad, my pictures from that summer show a scrawny kid with a too-short haircut, too-high kneesocks, ugly shorts and loud Hawaiian shirts. Although I remember being very easygoing and polite, it's likely that my sisters and I spent much of our time bitching about everything. After all, we were all in our teens, we were spending way too much time together, and, well, we're American.

As the national average price for a gallon of gas creeps closer to $4 (and actually hit $4 at home for me on Monday) mass transit is looking more appealing to many. Consumers are leaving their cars behind in favor of buses and subways. It makes plenty of sense, as a family with 2 cars will spend an estimated $700 more this year on gas than they did last year.

Mass transit doesn't work everywhere. In Milwaukee, it would be next to impossible for me to get to and from work without my car. And without the ability to visit a client in the suburbs on a moment's notice, my business would quickly be impacted without my car.

Watch this video to see who's saving money and which cities have some of the best and most accessible public transportation systems.


Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.

Yesterday I blogged about an economist's answer to the question of how much cash one should carry, which was a surprisingly large amount; almost $500. His conclusions factored in the time required to visit an ATM, the interest lost by withdrawing cash, and the potential loss by theft.

However, I doubt that anyone I know carries even a small fraction of this amount. I rarely have more than $40 in my wallet. Reading various posts about this topic, one message showed up time and time again, that carrying more money would tempt one to spend more money.

I'm very skeptical about this conclusion, however. I believe that we are much more likely to overspend with credit cards than cash, which is why retailers are so anxious for us to use plastic rather than greenbacks. I know that, for me, paying with cash makes the transaction much more tangible. Every time I pull out a $20 bill, I think to myself just how much work I'd done to earn it. This never happens with a credit card.

So while I would be uncomfortable carrying $500 around all the time, I would be well served if I used cash more often. I know it would cause me to think twice about ordering that steak, novel or CD.

The Associated Press lead tells you pretty much everything you need to know:

A New York City man is suing JetBlue Airways Corp. for more than $2 million because he says a pilot made him give up his seat to a flight attendant and sit on the toilet for more than three hours on a flight from California.

Manhattanite Gokhan Mutlu is suing the budget airline after the pilot told him to vacate his seat and "go hang out in the bathroom" for 90 minutes because the flight attendant had complained that her seat was uncomfortable, according to court papers. When the plane hit turbulence and the pilot directed passengers to return to their seats, "the plaintiff had no seat to return to, sitting on a toilet stool with no seat belts," according to his suit. That could've gotten messy!

This was one of those stories that's so ridiculous I can't think of anything to say. Perhaps JetBlue, which prides itself on its no-frills service with low prices, should begin offering discounted fares for passengers willing to sit on the toilet.

If the allegations outlined in the lawsuit are even remotely accurate, some people at JetBlue definitely need to lose their jobs.