The furniture business has been hurt greatly by the housing slump. As a result, great opportunity exists at going out of business (GOB) sales and also among some high-end furniture retailers.

But there is a hazard here. GOB sales are often run by third party operators that come in and the pay the owner for inventory. The GOB operator then brings in a wide assortment of junk furniture for the sale. So you have to know a retailer's typical inventory before you buy anything thinking it's a deal.

Be sure to pay with a real credit card if you plan on taking delivery later. Do not use cash and do not use a fake piece of trash Visa or MasterCard debit card. With a credit card, you have 60 days from the transaction to enter a dispute if you never get your furniture.

In related news, summer is moving season -- beware of scam movers! The moving industry has been a haven for mob-backed businesses that may hold your possessions hostage and demand a ransom!

Be safe and find a legitimately certified mover at Moving.org. Also, be sure to get a "binding estimate," which means that you won't be hit with more fees down the road. It's not enough if your contract just says "estimate;" it must say "binding estimate."

Because of outdated laws, your possessions will only be insured at a rate of 60 cents per pound. So you should think about buying replacement value coverage in the event your belongings become lost, stolen or broken.

Planning on renting a truck and making a move yourself? There are huge price differences throughout the month. If possible, don't rent at the end or beginning of a month and avoid the weekends.