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الخميس، 18 فبراير 2016

This Walmart Job Pays $18/Hour… and You Don’t Have to Talk to Customers

Ah, Walmart.

It’s great place to shop if you need to save money — but maybe not such a great place to work.

At least, that’s the traditional viewpoint.

To its credit, the company has recently announced a massive pay raise for employees, and its low-wage reputation may be unfounded.

But whether you’re working for Walmart or another big-box store, retail probably wasn’t your response when you were asked, “What do you want to be when you grow up?” as a child.

Retail Jobs: Working at Walmart

Sometimes, though, working retail is a necessary evil.

It’s a job until you can move on to something better or get your freelance business off the ground. A way to pay off student debt you accrued in order to get the more fulfilling career waiting on your horizon.

And as it turns out, not all retail positions are created equally sucky. Some are better than others.

Jumping off a recent article over at Huffington Post, we’ve found the best, most achievable position to get at Walmart.

Why Order Filler Might Be the Best Walmart Job

While the first four of HuffPo’s best five jobs at Walmart are manager positions (surprise!), the fifth one sticks out: order filler.

Walmart order fillers make about $18 per hour or $38,000 per year, and their compensation includes a variety of bonuses and a commission share, according to Glassdoor.

Better yet?

Since they work in the distribution center and not on the sales floor, they don’t have to deal with annoying customers.

Or any of these people.

And unlike the Walmart managerial positions you’d expect to come with a relatively high pay bracket, order filler is an entry-level position.

You just have to be physically capable and willing to work long hours — which sometimes result in overtime pay, about $35 an hour! Heck yes.

So if you’re gonna go the retail route, choose this Walmart job — and stay far away from the check-out lanes.

Your Turn: Would you work as a Walmart order filler?

Jamie Cattanach (@jamiecattanach) is a junior writer at The Penny Hoarder. She also writes other stuff, like wine reviews and poems.

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Why Deleting Your Emails Could Cost You $100s Each Year

I’m a notorious email saver.

I rarely delete anything — especially not receipts.

Turns out that was a smart policy. In the past few months, it’s earned me $22. And all I did was shop online like I normally do.

Intrigued?

Wondering how saving your emails could earn you money?

Then keep reading…

How I Earned $22 Without Doing a Thing

My new secret weapon is called Paribus — a tool that gets you money back for your online purchases.

I’ll use an example to illustrate how it works…

Let’s say you purchase a toaster at Amazon for $20. The next week, Amazon drops the price to $15.

Like many retailers, Amazon offers a price guarantee for the first week or two after your purchase, so you’re entitled to a refund for the difference.

The only problem?

None of us have time to check and see if prices have dropped on our purchases.

That’s where Paribus comes in.

It scans your email for receipts. If it discovers you’ve purchased something from one of its 18 participating retailers, it tracks the item’s price.

If Paribus notices the price went down on the toaster you bought, it alerts you and contacts Amazon on your behalf.

To uphold its price guarantee, Amazon refunds the $5 difference to your original method of payment — so you’ve earned money without lifting a finger.

For its role in the refund, Paribus charges a 25% commission, billed to your credit card at the end of each month.

In this case, its commission would be $1.

Your first claim, though, is always commission-free.

You can also lessen Paribus’ commission by referring others. If five of your friends sign up, your commission charge is zero.

Is Paribus for You?

Since I do most of my shopping online — and the majority of it on Amazon, where prices fluctuate millions of times a day — I’ve been super happy with Paribus so far.

The only downside is you have to give it access to your email and credit card, so it can automatically find receipts and pay itself commission.

That doesn’t bother me, though.

Paribus has advanced security: It “employs multi-level security mechanisms including dedicated firewalls, VPN services, intrusion prevention systems and stringent access controls,” and it transmits data using bank-grade encryption.

If it didn’t, no one would use it — and it probably wouldn’t have acquired 200,000 users. Honestly, the fact it’s so automated is my favorite thing about it.

For me, giving Paribus access is worth it and one of the easiest ways I’ve found to save money without doing a thing!

Your Turn: Would you like to give Paribus a try?

Disclosure: You wouldn’t believe how much coffee The Penny Hoarder team goes through. This post contains affiliate links so we can keep the grinds stocked!

Susan Shain, senior writer for The Penny Hoarder, is always seeking adventure on a budget. Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.

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Business Briefcase: Dental office moves from Pocono Lake to S-burg

Changes name to Lifetime Dental of Stroudsburg West Lifetime Dental of Pocono Lake on Feb. 1 relocated to 106 Skinner Hill Road in Stroudsburg, changing its name to Lifetime Dental of Stroudsburg West. The long-time Pocono Lake dental practice was originally James A. Rinehimer, DDS. "I thoroughly enjoyed my years practicing dentistry in Pocono Lake [...]

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How This Woman Saved $515 a Month on Her Student Loans (and Got Her Life Back)

Katie Ulrickson is a hard-working pediatric critical care nurse in Austin, Texas.

After saving lives all day, the last thing she needed to worry about when she got home was student loans.

But she couldn’t help it: She had $100,000 to pay back, and seven monthly payments to keep track of.

“It was very stressful, and it was probably the biggest thing I worried about,” she says. “Instead of worrying about being a good nurse, it was one thing I could never catch up with.”

She was drowning…

Until she found a way to cut her bills in half, and her monthly payments down to one.

Not only did she reduce her biggest source of stress — she’s also going to save a ton of money in the end.

Here’s her story…

“I Was Ready to Give Up”

After growing up in Montana, Ulrickson decided to attend Gonzaga University in Spokane, Washington.

As a first-generation college graduate, neither Ulrickson nor her parents understood the financial consequences of attending a private university.

“At the time, I didn’t really realize the cost of schooling,” she says. “It’s like the banks were very willing to give me the loans, but I never really thought about having to pay them back at the time, you know?”

Since she switched majors halfway through, she ended up attending college for six years.

“I grew up in a middle- to low-income family…. I paid for school all [on] my own,” she explains. “My parents didn’t take out any loans to help me.”

So when she graduated in 2011, she had over $100,000 in loans — with payments due on seven different days of the month.

She soon found a good nursing job, but it was still too much to handle.

“It got to a point where it was overwhelming, like I just couldn’t keep up,” she says. “I kept getting late fees. I could barely make my payments, could barely live off what I had left… I was ready to give up constantly.”

But, instead, she found another solution…

How She Saved $515 a Month — and Her Mental Health

One day, Ulrickson came across an article on The Penny Hoarder.

It literally changed her life.

“I was looking through ways to refinance your loans, and I read about CommonBond,” she says.

She used the website to refinance her student loans, dropping her monthly payments from $1,200 to $685 — a savings of $515 a month.

Ulrickson also went from paying seven monthly bills to just one, a change that’s led to serious mental health benefits.

“It’s like a huge weight has been lifted off my shoulders in terms of being able to manage my money,” she says. “My whole experience has changed. I had a lot of anxiety and had a really hard time managing everything before, and now I feel so much more confident in myself.

Finally, she has the time and mental space she needs (and deserves!) to enjoy life.

“I’ve got more time to spend with my family and my dog,” she says, “instead of having to worry about picking up extra shifts so I can make sure I’ve got the money in the bank.”

Thinking About Refinancing Your Student Loans?

If you feel overwhelmed by your student loans, refinancing might be a good option.

“CommonBond simplified the idea of paying back my student loans,” Ulrickson says. “For anyone who feels overwhelmed, I feel like they really guide you through.”

For her, this step-by-step guidance was essential.

“I really appreciated how individualized it was,” she says. “I just like the fact they reach out and actually want to get to know you, which feels good.”

Another unique feature?

CommonBond’s Social Promise: For every loan funded by the company, it funds the education of a student in need in Ghana.

This was also important to Ulrickson.

“They’re giving back with what they’re doing, and it’s helping a wide array of people,” she explains.

Want to learn more about refinancing your student loans? Click here to see if CommonBond is a good fit for you.

Your Turn: Are you overwhelmed by your student loans? Have you considered refinancing?

Sponsorship Disclosure: A huge thanks to CommonBond for working with us to bring you this content. It’s rare that we have the opportunity to share something so awesome and get paid for it!

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Thirty Store Brand and Generic Items I Use… and Five I Don’t

When I go to the grocery store, most of the items that I put into my cart are generic or store brand items. I continually walk right by the brands that you see in advertisements and placed in the background of television shows and instead put items from “Up and Up” or “Market Pantry” or “Kirkland Signature” or “Fareway” or “Hy-Vee” into my cart.

The thing is, I didn’t always have this perspective. Once upon a time, I had the perspective that name brands were the “quality” versions of the item and the store brands were somehow “watered down” versions of the item. The only reason I could see buying a name brand is if you were so desperately broke that no other option was available.

Over time, I broke out of that mindset, mostly due to the guidance of books on frugality as well as my own initiative to try different things. What I learned is that, most of the time, the store brand is practically identical to the name brand. This isn’t always true, but it’s true more often than not.

Nowadays, when I go to the grocery store, I buy mostly store brand items.

Why Store Brand Over Name Brand?

Now, something must have significantly changed over that period to shift me from mostly avoiding store brand items to almost entirely buying only store brand items. What caused that transition? Why did I make that change?

For me, the choice boils down to three big factors.

First, the store brand items are usually functionally identical to the name brand items, or the difference in quality is negligible. There just simply isn’t a whole lot of difference in terms of the functionality of the different options available to me. Yes, one version might be slightly better than another version, but it’s usually negligible and hard to notice, especially when that particular item’s exact performance is not a “front and center” issue in my life.

Second, the store brand items are significantly cheaper than the name brand items. This varies greatly from item to item, but the cost difference can be as much as 70%, though I would say the average is somewhere around 30-40% or so. Even on an inexpensive item, that’s a noticeable savings.

Third, this is a very multiplicative effect, meaning that there are a lot of store brand choices per store visit and a lot of store visits per year. Let’s say I save $0.75 by purchasing a store brand item over a name brand item. “Seventy five cents? Big deal!” you might think.

Let’s also say that I make twenty such decisions per shopping trip, and that I go to the store once a week. Over the course of a year, that means I’m making 1,020 such choices. If I’m saving $0.75 per choice, that’s $760 in annual savings just by consistently choosing to buy a functionally identical store brand over a name brand item at the grocery store.

$760 is no laughing matter. That’s a couple of car payments. That’s more than our budget for a week-long family vacation for us that involves a road trip and a lot of camping.

But what does buying store brands really look like? Here are thirty store brands I choose myself when visiting the store each week.

Thirty Store Brand and Generic Items I Use

Flour seems to be identical from brand to brand. Some types do require a bit of sifting, as other brands seem to be a bit “fluffier” in the bag, but that’s simple.

Sugar and salt seem to be completely identical, regardless of brand. I’ll just buy the least expensive sugar that meets my recipe needs.

Breakfast cereal varies a little bit, but in many cases I actually find the store brand to be more palatable. This has to do more with taste than anything. Try all the brands, and if it makes no difference to you, stick with the cheaper one that’s up to snuff.

Oatmeal is something that I usually buy in large containers or in bulk, depending on price. Again, this is a staple – steel cut oats in a Quaker package cook the same as oats from the bulk bin.

Dry beans completely replace canned name brand beans for me. They’re far, far cheaper per pound – a 15 ounce can of cooked beans can be as much as four times the cost of a pound of dry beans, and the dry beans triple in size when you cook them. They also taste better, and all you have to do to prepare them is leave them in the slow cooker with some water all day long while you do other stuff.

Dry fruits like raisins or cranberries are identical from package to package, as far as I can tell. I’ll often buy these from the store bulk bins as well.

Nuts are usually bought from the bulk bins at the store. If I want to season nuts, I do it myself by putting seasoning in a small container and tossing the nuts around in the seasoning.

Ketchup is practically identical among brands, as far as I can tell. There are slight variations on thickness but it’s really hard to tell. If I want a flavored ketchup, I’ll just mix a bit of sriracha or hot sauce directly into the ketchup bottle myself. This type of thing definitely comes down to taste buds, though, so try store brands with an open mind or even with a blind taste test.

Yellow mustard is basically the same for my taste buds regardless of whether it’s the store brand or the name brand. I’m not paying extra for a bottle that just says “French’s” on the front. Again, as with ketchup, this often comes down to taste preferences, so try different brands and taste them blind to see what you actually prefer.

Cheese appears to be largely identical for my purposes. If I’m just buying some simple cheese for simple recipes, I’ll buy the store brand, but if I’m cooking something special, I’ll get it from the high-end cheese area. The “name brand” cheeses just get skipped.

Cottage cheese is a pure store brand thing. It’s essentially curdled milk, so I don’t feel the need to pay extra for a name brand. Sour cream follows the exact same logic here.

Bottled water is something that I rarely ever buy – that’s what Nalgene bottles and a water fountain or a tap are for – but when I do, it’s the store brand.

Similarly, soda is something that I’ll buy in the store brand form if I ever buy it at all. The store brand sodas taste perfectly fine if you’re just wanting something fizzy. On the rare occasions when I want to make, say, a root beer float or something, I’m very picky about the soda, but for most purposes it makes no difference which brand I buy because it’s all sweet and fizzy.

Baby formula was something our pediatrician encouraged us to buy in store brand form because he stated that almost all brands are practically identical because they’re so specific on the FDA regulations for formula. While we never used it very much, it was usually the store brand.

Frozen vegetables and frozen fruit are flash frozen versions of what you find in the produce aisle. If you buy generic in one place, you should buy generic in the other.

Thus, unsurprisingly, fresh produce is an area of the store where we completely ignore the labels.

Salad mixes can be convenient, but there’s no need to pay a buck or two more per bag just so that it says “Dole” on it. You can see what’s in the bag – it’s greens in both bags.

Over-the-counter medicine usually contains the exact same ingredients in both name brand and store brand forms, so I just buy the store brand versions. It seems to take care of my minor illness symptoms just fine.

Dishwashing soap seems to work equally well regardless of the version that I buy. There is a perception that it “used” to work better before restrictions on phosphates changed the formulations of all dishwashing soaps, but that has nothing to do with generics or store brands or name brands.

Laundry soap is something that seems completely unnecessary to spend good money on. I actually make my own from equal amounts of washing soda, borax, and soap flakes, which is 90% cheaper per load than Tide.

Hand soap does a great job of getting my hands clean regardless of whether I buy the store brand or spend a buck or two extra on the name brand, so I just buy big refill jugs of the store brand and keep it cheap.

Bar soap (or body wash) accomplishes a similar effect in the shower – as long as it removes any dirt and grime from my body and washes away unpleasant odors and gets my body clean, I don’t care what name is imprinted on the bar or written on the bottle.

Men’s shampoo and men’s conditioner are items that I buy as inexpensively as possible. I keep my hair really short and I’m mostly concerned with it not appearing dirty or excessively oily, and generic conditioner and shampoo do the trick really nicely.

Paper towels are something we rarely use, so we just buy them in generic form. Instead of paper towels, we have a “rag drawer” which we use for most spills. The “rag drawer” consists of a bunch of old rags that work really well for cleaning up the types of things that paper towels are usually used for, so we rarely use paper towels at all.

Window cleaner, for us, isn’t something we buy in the window cleaner section of the store. I actually just mix 1/4 cup vinegar, 1 cup water, and two drops of dish soap in a spray bottle and use that for window cleaning. It works just fine for everything I’ve needed, and we have three kids that are constantly smearing windows.

Paper plates are rarely used around here. We basically never buy paper plates to begin with, using either our own household plates or a stack of plastic ones for all such purposes. On the rare occasions when we do (like a color-themed children’s party), we buy the cheapest ones we can find.

Five Name Brand Items I Use Instead of the Store Brand

I don’t buy everything in store brand form. Here are five things that I make sure to buy in a specific brand.

Garbage bags are an item that I’ve had many bad experiences with. I’ve had many bags rip and dump lots of trash on the floor, resulting in a lot of cleanup and a lot of wasted time. I went on a mission to try lots of different trash bags and I found that Glad ForceFlex kitchen bags worked the best for us, so I’ve stuck with them ever since. It costs about $0.07 per bag extra at my preferred store to purchase the brand I prefer over the store brand, and considering that my experience with store brand bags saw a bag splitting about once in every twenty five or so bags, it’s well worth the $1.70 on average to avoid that splitting. I’ve never had a ForceFlex bag break on me.

Toilet paper is another item that I’m fairly picky about. Again, I tried lots of different brands of toilet paper along the way because I found the store brand to be very rough. I just kept trying brands until I found a middle-of-the-road brand that was acceptable for my use without being overly expensive. I actually didn’t like some of the expensive brands, either, as they almost felt slick to the touch.

Batteries are something that I almost never buy these days. That’s because our house is loaded with eneloop rechargeable batteries, which work really well and seem to hold a charge for quite a long time. Because of that, I rarely buy batteries, but when I do, they’re eneloops. I got started with eneloops as the result of a gifted “starter set” that included a charger and several batteries.

Another item I don’t buy in generic form is bread. This might seem like a strange choice, but bread is a food where the ingredients are vastly different from brand to brand and loaf to loaf. Some breads are virtually devoid of fiber, while other breads are loaded with it. Some breads use whole grains in their baking, while others have none. Some grains have a lot of different nutrients, while some are basically just mouthfuls of starch. This is one item that I definitely buy based on the nutrition facts label, not the price. Plus, many more expensive breads are much more filling than other breads, meaning we eat fewer slices in a meal, meaning that the loaf actually lasts for longer and the cost per meal is actually pretty comparable to the cheap bread.

I also avoid buying store brand or off-brand electronics. If something goes wrong with an off-brand device, you often have absolutely no recourse in terms of getting it repaired or replaced. They also tend to be fragile and operate very slowly.

The important thing to note here is that these are my own personal experiences that are derived from actually trying store brands and figuring out what works for me. You may find that some of the things I avoid are just fine for your needs, or that some of the things that I buy in store brand form aren’t up to snuff for you.

Some Strategies for Getting Off the Name Brand Train

Even after hearing all of this and seeing the obvious savings, many people still keep buying name brands and avoiding store brands. There are a lot of reasons for this – brand loyalty, for one, and habit for another.

If you intellectually understand the benefits of buying store brands but still find yourself going for the name brands when you’re in the store, here are some strategies to try that will help you break that connection to name brand goods.

Simply try store brands for yourself – even if it doesn’t work out, it’s not costing you very much. When you’re in the store, make a conscious decision to put a store brand item in the cart instead of the name brand item. After all, it’s often in the moment in the store aisle where the decision is made to choose the name brand, even if it’s not consciously chosen.

One good way of doing this is to specifically write this information on your grocery list. Specifically note that you’re going to try the store brand of a specific item. When you see that in the store, you’ll remember that instead of just grabbing the default name brand that you always grab.

Shop at stores that feature store brands or don’t even carry name brands. For example, stores like Trader Joe’s and Aldi focus almost entirely on their store brands. Other stores, like Costco, put their store brand (Kirkland Signature, in this case) front and center all throughout the store.

If you’re in a store that puts at least some emphasis on the store brand, you’re more likely to buy store brand items, which will end up saving you money. Plus, you’ll find that the store brand in stores that emphasize it are usually top quality.

Do blind taste tests. If you’re doubting that a store brand item will actually taste as good as a name brand item, buy both and do a taste test for yourself. Make sure that it’s a blind taste test, however, as knowing which is which in advance can sway your judgment.

My wife and I have done quite a few blind taste tests in the past, where one of us will prepare samples for the other one without any indication as to which is which. You’d be surprised how often we wind up having no preference or a preference that’s very small. I’d estimate half of the time I actually guess wrong when I try to identify which is which between a name brand and a store brand when I don’t have other clues (like labels) skewing my results.

Final Thoughts

We literally save hundreds of dollars a year by simply buying store brands of specific products where we know that the name brand brings nothing extra to the table for us. We discovered this by trying store brands with an open mind and learning along the way that many store brands are just as good as name brands – you’re just not paying extra for that familiar label on the outside.

I don’t know about you, but I care a lot more about the quality and usefulness of the product on the inside than I care about the label on the outside. I just want something that works for what I need and, ideally, costs me less money. Most of the time, store brands step up to the plate perfectly for my needs, providing just what I need at a better price.

The next time you’re in a store, going through your grocery list and dropping items in your cart, consider trying some store brand versions of the regular name brand items that you buy. You may just find that they work wonderfully for your needs while also leaving some of your hard-earned cash in your pocket where it belongs.

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Have Stories to Share? These 8 Parenting Blogs and Magazines Pay Up to $700

Are you a mom who wants to share your parenting tips and stories with the world?

Research shows that 14% of moms either blog or turn to blogs for advice. If you’re a parent who likes to write, there’s a market for what you have to offer — and better yet, a paying one.

Here are eight parenting sites that pay per article.

1. Scary Mommy

Scary Mommy is one of the most popular online parenting communities, with over 1.4 million likes on Facebook.

Scary Mommy articles need to be humorous and highly relatable to readers, many of whom are parents. If you can write an article about the realities of parenting — as opposed to the fantasies perpetuated by the media — this is the site for you.

The average Scary Mommy article is about 900 words. You will be paid $100 if your article is accepted.

Due to the high volume of submissions, you’ll need to wait up to a week to see whether your article has been accepted.

2. Babble

Babble is Disney’s parenting and lifestyle site. Subjects you can write about include parenting, pregnancy, baby names and entertainment.

The site requires you to submit previously published links, and pitch the topic and angle of your piece in one to two lines. You can also send an outline or finished post.

The price per article is not listed on the site. According to Who Pays Writers, Babble pays $150 for a 1,300-word article.

3. BabyFit

SparkPeople’s BabyFit site is another opportunity for a freelance writer. Articles for the site cover subjects such as fitness during pregnancy, pregnancy-specific nutrition and postpartum topics.

Articles for BabyFit should range between 500 and 1,200 words. SparkPeople will pay you anywhere from $25 to $90 for each article, depending on your credentials and experience.

4. Lies about Parenting

Lies about Parenting wants articles that are research-heavy, yet relatable. If you have tips that can help readers parent better without being overly involved in their kids’ lives, Lies about Parenting is a good place to pitch.

The site wants “surprising advice, grounded in research and daily life” for its featured pieces. These posts pay $50 for 600-900 words. Your article will be promoted across the website’s social media channels (Twitter, Facebook, Pinterest) and to its email subscribers, thus giving you some exposure.

Lies about Parenting will begin to accept submissions again in mid-February.

5. Adoptive Families

If you want to write about infertility and adoption in all its forms, then consider Adoptive Families. The site covers everything from transracial adoption to perspectives of adoptees.

If you have a personal adoption story, you can submit your personal essay for consideration. For reported articles, you should query first.

Writers of published personal essays will receive a one-year subscription to Adoptive Families magazine and its website. Payment for reported articles varies, so prepare to negotiate your rate.

Take note: It could take eight to 10 weeks before you hear anything regarding your article or query.

6. PTO Today

If you have experience as a parent-teacher organization (PTO) volunteer and have something to say to like-minded parents, consider writing for PTO Today.

The magazine is geared toward an audience of mostly women in their late 20s to mid-40s, who are PTO members in K-8 schools. PTO Today wants writers to tackle topics such as parental participation in schools, leadership, playground projects, fundraising, group management and organization, and education.

The magazine pays by the assignment, not the word. Department pieces (600-1,200 words) can net between $150 and $400, and features (1,200-2,200 words) range from $200 to $700.

You will be paid upon acceptance or within 30 days after you send an invoice.

7. Freelance Mom

Freelance Mom is an online community for mothers who strive to carve out an identity separate from motherhood. The blog places an emphasis on freelancing and entrepreneurship.

Moms — and dads — are encouraged to share their stories. The site looks for actionable and in-depth content; you can submit personal stories, well-researched articles with stats and expert opinions, and educational articles revolving around useful tools and processes.

Make sure your guest post article is 900 to 1500 words long and contains a 30-minute action plan at the very end. If your article is accepted, you will be paid anywhere from $75 to $100 via PayPal.

8. A Fine Parent

A Fine Parent operates on the theme that “great parents are made, not born.” Articles are geared toward helping readers become better people and parents.

You don’t have to be a professional writer, but if you have nuggets of wisdom to offer based on your parenting experience, A Fine Parent is the place to share them.

Before you pitch, take a look at the site’s current topics. Most articles range from 1,500-3,000 words, and payment is $100 per article. In the event your post makes it to the top of the popular list for the year, you will be given an extra $200 bonus.

As of now, the site has content to last until Aug. 2016 and is closed to submissions. However, you can sign up to be notified when submissions are open again.

The above list is by no means conclusive, but it’s a good starting point. Remember to read the writer submission guidelines before you pitch and be smart with the money you make.

Your Turn: Did your favorite parenting site make the list? Share any other mommy blogs that pay in the comments.

Ellie Matama is a Kenya-based freelance writer. When she’s not writing, she’s reading, watching cooking shows and fantasizing about global travels.

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Cheap Vacation Showdown: All-Inclusive Resorts vs. Cruises

With spring break just weeks away, many of us are daydreaming about our upcoming travel plans. And that’s especially true for those of us who endure cold and long winters. As the sleet and snow comes down, it’s fun to look forward to a spring getaway that involves a beach and plenty of sun.

But, where will you go? If a tropical getaway is on your agenda, you’ve probably scoured lists of all-inclusive resorts and cruises already. After all, those two travel options are two of the most popular for families – and for myriad reasons.

Booking either an all-inclusive resort or a cruise can mean huge savings over a traditional hotel vacation. For the most part, this is because food and drinks are included in the price of the trip. That fact alone makes budgeting for a cruise or an all-inclusive resort a whole lot easier. If you have kids and travel often as a family, you know how quickly all the meals and snacks add up!

All-Inclusive vs. Cruising: Which is Cheaper?

Still, the cost of cruising or going all-inclusive depends on a whole lot of factors as well as your personal vacation style. The amenities you take advantage of – as well as how much you’re willing to spend on the “extras” can make the total cost of your trip surge. Likewise, sticking with the free stuff offered in your travel package is the best way to save money with either type of trip.

Here are some of the benefits offered by each type of getaway, plus a few tips to save money.

The Lowdown on Cruising

The average price of a seven-night cruise is driven up by the many luxury cruise lines that charge higher prices for better amenities and more perks. So, for the sake of this post, we’re going to use Royal Caribbean pricing as a guide. While it’s not necessarily the “cheapest” cruise line, it’s pretty darn close.

A seven-night Western Caribbean cruise leaving from Fort Lauderdale, Fla., currently runs for around $709 per person for random dates I chose in April of this year. With stops in Labadee (Haiti), Falmouth (Jamaica), and Cozumel (Mexico), this cruise is a smart option for anyone who wants a taste of several different Caribbean islands.

But, what are the total costs? Let’s break it down for a family of four.

After accounting for taxes and port fees, the total cost of this trip adds up to $3,212.64. The only other “non-optional” fees you would need to pay are gratuities for staff members, which cost $12.95 per person, per day for a total of $51.80 per day. That brings the total cost to around $3,575.

That may sound like a huge stack of cash, but you have to remember:

  • Spring break is a peak travel season, and prices reflect that.
  • Your cruise fare includes all of your food at the included restaurants, plus access to entertainment, pools, and plenty of on-board activities.
  • Your fare also includes your room on board, which serves as your hotel room during your stay.
  • For one price, you get to see three separate countries – Haiti, Jamaica, and Mexico!

When you break it down like that, it’s actually a pretty decent deal. However, there are plenty of ways you could end up spending more money. Those “extras” can include things like:

  • Alcohol (generally not included on cruises)
  • Transfers to and from the cruise port
  • Excursions
  • Meals at special restaurants on board
  • Purchases made on board
  • Drinks other than tea, lemonade, regular coffee, or water

As anyone who cruises often can tell you, these extras can add up quickly! That’s especially true if you drink a lot of alcohol or want to take advantage of an excursion at every cruise port. On-shore excursions are known for being pricey, as they often cost $100 per person or more.

We’ve written about cruising as an affordable vacation option before, and the truth is, most of the extras are easily avoided. To save money and stick with your vacation budget, you mainly need to stick to the stuff that’s “free.” For example, eat all of your meals on board the ship, try to avoid alcohol or add-on drinks, and enjoy all the free entertainment you can. And instead of shelling out for expensive excursions, do a little research on TripAdvisor and plan your own day trips to save.

You’ll also save a lot of money if you can avoid flying to a cruise port to begin with. Fortunately, cruise ships leave from ports all over the country – from as far up the East Coast as Maryland all the way around to Los Angeles – plus popular destinations like Galveston, Texas, New Orleans, and all over Florida.

beautiful beach scene

Photo: Royal Caribbean via Facebook

All-Inclusive Resorts: The Details

Now let’s imagine you plan to spend the same seven nights at a cheap all-inclusive resort. For the purpose of this article, I chose to look at dates and rates at the Holiday Inn Sunspree All-Inclusive Resort in Montego Bay. Although the prices may make this place look cheap, I can assure you it’s actually super nice! I went there last year for spring break, and already have a room booked for spring break 2016.

For random dates in early April, rooms cost just $202 per night for two adults and two children ages 12 and under. That’s partly because kids “stay and eat free” at this property, but also because this hotel is at a low price point to begin with.

Including taxes, that brings the total of this all-inclusive getaway to $1,444.45. All other expenses at all-inclusive resorts are optional, including tips. However, most people bring a few hundred dollars to tip helpful staff members. So, the sake of fairness, let’s bring that total up to $1,650. That total includes:

  • All of your food and drinks – including alcohol (a few specialty meals cost “extra, but you can opt out)
  • Live entertainment
  • Non-motorized water sports, like kayaking and paddleboats
  • Plenty of beach time, plus a crystal clear ocean and a private island
  • Your hotel room

Like cruising, there are plenty of “extras” you’ll be tempted to spend money on at all-inclusive resorts. Some of those expenses include:

  • Excursions off the property
  • Top-shelf alcohol
  • Specialty meals at dinner (e.g., “surf and turf”)
  • Purchases made on or off the property
  • Room upgrades

The biggest downside to vacationing at an all-inclusive resort is the fact that you’ll probably have to fly there. Unlike cruises, which can leave from all over the U.S. — often somewhere within driving distance — the bulk of all-inclusive resorts are smack dab in the Caribbean, which means you’ll have to fly there first.

With round-trip flights to Jamaica from Chicago costing around $450 on Southwest Airlines, this adds another $1,800 to the cost of your trip. That leaves the grand total of your seven-might getaway at around $3,450 – or about the same as that Royal Caribbean cruise.

But if you like to drink beer, wine, or even fancy umbrella cocktails — especially while you’re on vacation — your savings could be tremendous. Unlike cruises, all-inclusive resorts generally let you drink unlimited included alcoholic beverages. At $6 per beer and more for cocktails, an all-inclusive resort could easily save you $50 or more per couple per day, depending on how much you tend to let loose on vacation.

Which Vacation Option Should You Choose?

Whether you choose a cruise or an all-inclusive resort (or something different altogether), how much you’ll spend to unwind really depends on several huge factors. For example, do you have to fly – or can you drive there? Do you want to stick with the “free” stuff, or do you want to take advantage of everything your host country has to offer?

If you can drive to a departure port and don’t care for booze, a cruise may be a cheaper option for you. If you like to enjoy a few beers or rum drinks on vacation and would have to fly to a cruise departure point anyway, an all-inclusive resort may be a better option.

While a solid travel rewards card or two can help cut down on the cost, a willingness to sacrifice some of the extras will go a long way toward helping you save. But with so much money on the line, it pays to do your research and shop around for the best deal possible.

Do you prefer cruises or all-inclusive resorts? Which option would you choose if money weren’t an issue?

Related Articles:

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Why you should lock your investments away for 10 years

Moneywise has long warned savers to ride out market volatility by investing for the longer term, and new research by AXA Self Investor proves why it can be so important.

Moneywise has long warned savers to ride out market volatility by investing for the longer term, and new research by AXA Self Investor proves why it can be so important.

The investment platform assessed the 10-year performance of the FTSE 100 – an index of the 100 largest companies on the London Stock Exchange - on a rolling monthly basis since February 1996.

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Did you just miss out on 8.9% gains in four days?

Investors who pulled their money out of the FTSE 100 following the recent stock market rout have just missed out on the index’s biggest rally in over four years.

Investors who pulled their money out of the FTSE 100 following the recent stock market rout have just missed out on the index’s biggest rally in over four years.

The index has increased every day since it bottomed-out last Thursday, closing 8.9% higher than its low point yesterday.

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If I Knew Saving $25/Week Would Let Me Retire Rich, I Would’ve Started Years Ago

Man, I blew it.

As I turn 30, I’m just starting to think about retirement.

I mean, during my freewheelin,’ travel-happy 20s, was I really supposed to think about what to do when I turned 65?

Apparently, yes. If I had, I could be sitting pretty right now. All thanks to the power of compound interest

Which my dad definitely tried to tell me about in high school, but I was more interested in who Britney Spears was dating and how many different things I could make with a pack of ramen (the answers: K-Fed, and lots).

So if you know any about-to-be college grads, you should probably share my recent discoveries with them.

If they start now, it’s crazy how little they’ll need to save if they want to have enough money for retirement.

The Tiny Amount 21-Year-Olds Need to Save Each Week to Be Rich

If you know me, you know I stopped understanding math somewhere around sixth grade.

Thankfully, there are retirement calculators to do the math for you.

I decided to go with SmartAsset’s Retirement Calculator, which accounts for taxes and inflation.

Here’s what I plugged in:

Location: Burlington, Vermont (#lifegoals)

Annual salary: $36,000 (the average starting salary for liberal arts majors)

Annual retirement expenses: $25,200 (70% of your income)

Retirement age: 65

Rate of return: 7% (fairly typical in retirement calculations)

Inflation rate: 2%

The answer?

If you start saving when you’re 21, you only need to save $100 per month, or $25 per week to have enough in retirement.

You might be thinking you’ll need more to live on than $25,200 per year — but keep in mind you’ll likely have paid off your mortgage and car by then, and you’re probably going to make more than $36,000 at the peak of your career, so your social security benefits will be greater.

This figure also doesn’t account for any employer-sponsored retirement plans. If your company offers one, definitely take advantage of it!

Retirement calculators can’t predict the future, and these numbers certainly don’t apply to everyone. They’re just estimates to inspire you to start saving now.

Because here’s the thing: If you save just $3.57 per day, you’ll be pretty solid in old age.

Since you’re never going to do this on your own — unless you’re some magical being with a wealth (ha) of self-control — I have one piece of advice: AUTOMATE IT.

Open a Roth IRA and set up an automatic transfer from your checking account each week. $25 every Monday. It’s not that hard.

I set up an automatic transfer (for a whole lot more, ‘cuz I’m old) last year; it’s the only way I’ve finally begun contributing.

So, please, learn from my mistakes — do this, and do it now!

If you want to run your own numbers (fair warning: it’s slightly terrifying), just plug them into the calculator above.

Your Turn: Do you know anybody who’s about to graduate college? Share this with them!

Disclosure: You wouldn’t believe how much coffee The Penny Hoarder team goes through. This post contains affiliate links so we can keep the grinds stocked!

Susan Shain, senior writer for The Penny Hoarder, is always seeking adventure on a budget. Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.

The post If I Knew Saving $25/Week Would Let Me Retire Rich, I Would’ve Started Years Ago appeared first on The Penny Hoarder.



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Do You Need to be a Type A Personality to Run a Successful Home Business?

By Kelly Robbins When I picture an “entrepreneur” I see a Type A person who is constantly working. Fierce. Disciplined. Controlled. Not my experience, as I’ve juggled motherhood and running a home-based-business for the past 15 years. I have flashbacks of my children screaming while I took business calls. Mental meltdowns because the house I just […]

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