Personal Finance: I'll leggo my Eggo...for a price.

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Personal Finance  Thursday, Nov. 19, 2009


I'll leggo my Eggo...for a price.
singletary

The ways people try to make money never cease to amaze me.

Recently, the Kellogg Co. announced there will be a nationwide shortage of Eggo frozen waffles until next summer because of production issues. According to a report by the Associated Press, the public is already noticing near-empty Eggo shelves on the freezer aisle at many grocery stores.

And you know what that means, folks? The opportunists are already trying to cash in. There's talk on Twitter and Facebook that people are trying to sell their boxes of Eggos on eBay. Sure enough they're a few people trying to profit from the shortage. One person is auctioning off a box of waffles for $49.99, another for $65. If you are a bargain shopper, you can grab a box of blueberry Eggo waffles from one seller for 99 cents. Last I checked, there were no bids for any of the sellers.

¿Se Habla Dinero?

Ready to talk money today?

Please join me at noon for a discussion about my latest pick for the Color of Money Book Club, "¿Se Habla Dinero? The Everyday Guide to Financial Success." This book provides side-by-side Spanish and English translations of advice on basic money management. Here's the review, if you missed it.

My guests for the chat today will be Lynn Jimenez, author of "Se Habla Dinero?" and Randy Grindley, a certified financial planner who consulted on the book.

Even if you haven't read the book, join us. We'll be available to take your personal finance questions. If you can't join me live, you can submit a question early or read the transcript later.

Celebrity Cash

There are some celebrities in the news trying to make a buck.

A California judge has stopped one of Jennifer Lopez's ex-husbands from distributing hours of home video footage the singer-actress claims includes sexual situations.

Two years ago, Lopez won $545,000 in damages and attorney fees in another lawsuit that blocked the same ex, Ojani Noa, from publishing a tell-all book. In that case, she alleged that Noa was trying to hit her up for $5 million not to publish the book.

What is it with these sex tapes? I've been married 18 years and I've never had the desire to leave any audio or visual evidence of my physical affection for my husband.

In another example of celebrities money woes, Michael Jackson's father, Joe Jackson, wants a monthly stipend from his son's estate to help cover expenses that exceed $15,000 a month.

The judge handling the estate case has scheduled a hearing for December 10 on Joe Jackson's request.

And it seems that even in death, the overspending in the Jackson family continued. Court documents show that the estate paid nearly $1 million in expenses for the private family funeral held at Forest Lawn Memorial Park. Some of the other expenses included $30,000 for cars and security, $15,000 to a designer and an amazing $35,000 for burial garments. I can't believe they couldn't find something in Jackson's wardrobe to bury him in.

Update on the Heene Hoax

The parents of the kid now known as Balloon Boy plead guilty in the October 15 hoax they allegedly concocted to land themselves a reality television show and lots of money.

According to reports, even as the Colorado couple were admitting their guilt in court, comments made by their attorneys set off speculation of talk show appearances or other deals. The judge has permitted them to travel to New York and California to explore "employment opportunities."

I hope the next step is getting them to pay for the cost of looking for their son who wasn't in danger after all. Their search for fame by fabrication should come at a high price.

You are welcome to e-mail comments and questions to singletarym@washpost.com. Please include your name and hometown; your comments may be used in a future column or newsletter unless otherwise requested.

-Michelle Singletary
 
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