Take 5: A Roundup of Reads From Around the Web

A look at five interesting personal finance posts from other bloggers around the web. This week: why extreme couponing isn’t extremely good, why saving money is like performing magic, what to do with $100,000, how to make money from other people’s property, and a craptastic customer service list.

1. Extreme couponing? 5 reasons why I’ll pass

[Wise Bread] I’ve tuned in once or twice to those extreme couponing shows, and I’ve thought the same thing writer Paul Michael says here: “Extreme couponing, like anything else that seems too good to be true, has a few catches involved. And they’re not small catches either.”

2. 8 ways that frugality is a lot like magic

[Tip Hero] Here’s another story that won’t save you money but will make you think about money in a whole new way. My favorite comparison: “Both let you turn one thing into something else.”

3. What to do with a $100,000 cash windfall

[Money Crashers] We’re always talking about saving money, but what should you do if you suddenly acquire a lot of it? Here are some excellent ideas.

4. Unclaimed property sales and auctions: strange ways to make and save money

[Saving Advice] Airports, businesses, theme parks, and even the post office hold auctions for items that customers leave behind. But before you think you can score an easy deal, pay attention to these rules and guidelines.

5. Bank of America tops list of companies with craptastic customer service

[The Consumerist] Like many people, I’m a sucker for lists. And as a personal finance expert, I’m always curious about customer service polls. But mostly, I just love it when the folks who publish Consumer Reports use words like “craptastic.”

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