Friday, May 10 2013 5:45 PM EDT2013-05-10 21:45:06 GMT
The battle of generic verses brand name goes on! Today, we're testing tuna to find out which can has the best value. There's a lot of competition in world of canned tuna. I found three name brands - BumbleMore >>
The battle of generic verses brand name goes on! Today, we're testing tuna to find out which can has the best value.More >>
Friday, May 3 2013 5:27 PM EDT2013-05-03 21:27:16 GMT
NBC12 is on your side, helping you score the best deals on groceries. Last week, it was peaches. This week - green beans. I bought six different brands of green beans. Del Monte and Green Giant are nameMore >>
NBC12 is on your side, helping you score the best deals on groceries. Last week, it was peaches. This week - green beans.More >>
Thursday, May 2 2013 5:39 PM EDT2013-05-02 21:39:15 GMT
Summer heat could hit any day, so now's the time to figure out how you can cut costs on your power bill. Here is a list of the top five things in your house that are sucking dollars out of your wallet. 1.More >>
Summer heat could hit any day, so now's the time to figure out how you can cut costs on your power bill. Here is a list of the top five things in your house that are sucking dollars out of your wallet.More >>
Friday, April 26 2013 5:20 PM EDT2013-04-26 21:20:06 GMT
NBC12 goes the distance to find the real difference between name brand and generic products. Every time you're in the grocery store, you have to choose: buy the name brand and pay more or save with theMore >>
Every time you're in the grocery store, you have to choose: buy the name brand and pay more or save with the generic.More >>
Thursday, April 18 2013 5:52 PM EDT2013-04-18 21:52:41 GMT
Kevin Cutlip grows anything he wants to eat. Last month he showed you how to grow a seed in dryer lint. A month later, they have sprouted. He showed us the replanted celery base: "It's actually startingMore >>
Last month NBC12's Diva of Discounts dug up how to start a cheap garden indoors. Now it's time for outdoor planting. She's back with more tricks of the trade that will hardly cost you a thing.More >>
RICHMOND, VA (WWBT) - The economic recovery act is Uncle Sam's way of trying to turn big ticket items into big savings.
There are many new government programs that promise you cash back for buying houses, cars, even replacement windows. We break down some of the governments new incentives to buy.
One look under the hood of the new 2009 Volkswagon Jetta TDI and you'll see why it qualifies for a new $1,300 tax credit.
"Because of the lean-burn technology it puts out very little pollutants into the air and is a very clean burning engine," said Mark Barnes, Chief Operating Officer for Volkswagon.
A clean tissue held under the exhaust comes away without a smudge. The lean-burn technology credit is available on nine different vehicles from four different manufacturers.
Barnes says the ultimate payback is when consumers can combine these incentives.
"If they happen to have a cash for clunker or a vehicle that qualifies as a clunker their eligible for another $4,500 on top of that, so you're really eligible for a total of $6,000," Barnes said.
Another big ticket item that's got Uncle Sam paying back -- real estate.
The first-time homebuyer credit pays qualifyied buyers up to $8,000 back if you purchase a home before December 1, 2009. You can even file an ammended 2008 tax return and get your credit this year.
"We had a client that used it not too long ago as a matter of fact," said mortgage broker Mary Kathryne Perkinson. "Because of the price point of the home he was purchasing, it allowed him to put more money into the property cause he knew he was receiving this tax credit."
Even current homeowners can get a break. If you've recently been denied for refinancing, now is a good time to look again.
"There are some new guidelines in place that will allow, under a new Fannie Mae program, for people who have limited equity to still refinance to the lower interest rates," Perkinson said.
Uncle Sam is also paying homeowners to make their homes more energy-efficient. You can save big on efficient roofing, windows, and insulation. Joe Spruell of Fan Roofing says the trick is finding out what qualifies.
"Not all asphalt shingles qualify, certain manufacturers have colors that they verify meet the government mandate and tax credit," Spruell said.
Be sure to read the fine print here, there is a catch.
"It's actually 30% of what the actual material cost to buy," Spruell said. "Their gonna think their gonna get their $1,500, but actually that's on the rare rare occasion that it gets that high."
Because the energy efficient tax credit is based only on the cost of the materials ... Spruell says replacement windows will more likely get you the full $1,500.
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