A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.


Wednesday, May 04, 2005

Casket Lawsuit

According to this article ($) in the Wall Street Journal, consumer advocates are suing the biggest funeral home chains, accusing them of price-fixing to keep the price of caskets high. The suit also claims that the funeral home chains charge more for services like embalming if the customer uses a casket purchased from one of the cheaper outlets like or Costco, which sell caskets for a lot less than the typical funeral home.

I have often wondered about the integrity of funeral homes. They are in a perfect position to prey on people's emotions, making them feel guilty if they don't fork out the money for the best send off of their loved one. Maybe somebody should start a "Dig 'em Yerself and Save" funeral home.

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