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الخميس، 15 يونيو 2017

Capital One and 3 Other Companies are Hiring People to Work From Home

There always seems to be a good excuse to stay home from work and cozy up inside.

The winters are cold and dreary, the summers are either riddled with thunderstorms or blisteringly hot, and spring and fall bring about a wave of allergens so ferocious no amount of antihistamines can touch it.

So enough with this “braving the elements” thing (even for that short walk from your door to your car and from your car to the office) — it’s time to consider a good work-from-home job.

4 Work-From-Home Jobs to Apply for Today

Luckily, today we’ve found four work-from-home jobs that will give you the freedom to work from your bed, your couch or your kitchen — never having to set foot outside when the roads are icy or the pollen count is astronomical.

1. Senior Customer Service Representative at Capital One

Capital One is currently looking to hire full-time work-from-home Senior Customer Service Representatives.

As a Customer Service Representative, you’ll be in charge of fielding inbound calls, answering questions, handling concerns with one-call resolution, and helping customers to make informed decisions regarding their credit card and other financial tools.

You should be proficient in Microsoft Office products, be able to troubleshoot basic technical issues, have excellent written and verbal communication skills and be familiar with call control techniques and digital servicing.

You should also have a quiet home office environment and a high-speed, wired internet connection.

You’ll need a high school diploma, GED equivalent or military experience, although a bachelor’s degree is preferred. You should also have a minimum of one year of experience in a customer service role.

You must be located within 100 miles of the “hub sites,” located in Richmond, Virginia, and Tampa, Florida. Training takes place over seven weeks and will primarily be done from the comfort of your home, with the exception of a few trips on-site.

No word on what these positions pay, but we’ve reached out to the company to learn more about compensation and benefits.

Here’s how to apply for the Richmond role and the Tampa role.

2. Customer Service Specialist at GC Services

GC Services is a business process outsourcing provider.

The company is currently looking for work-from-home Customer Service Specialists in Houston, Texas, and Kennesaw, Georgia, to provide chat-based assistance to customers.

You’ll be tasked with answering incoming chats and discovering and providing solutions to customer queries and issues.

You should be able to communicate clearly and effectively in both written and verbal English, handle confidential customer information, solve problems independently and quickly and maintain a positive, professional image to customers.

You should also be able to do basic computer troubleshooting — experience with Mac computers is preferred.

To qualify for this position, you should have a high school diploma or GED equivalent. A minimum of six months of customer service experience is preferred. You should also have a quiet workspace and a wired, high-speed internet connection.

We’ve reached out to the company to inquire about benefits and pay for these positions, and we’ll update this post when we find out more.

Learn about and apply for the Houston position and the Kennesaw position.

3. Customer Champion at Balsamiq

Balsamiq is a software mockup company that has employees and customers located around the world.

The company is currently looking for a full-time Customer Champion based in California to communicate with customers, problem solve and deliver solutions and ideas to the Balsamiq team about overall improvements that can be made.

You’ll communicate with customers using email, phones, Facebook and Twitter, and should be comfortable using these methods (plus a few more).

You should be empathetic and a people-person, and should have a firm grasp on technology and the ability to learn new software quickly.

The listing doesn’t specify pay or benefits for this position, but we’ve reached out to the company and will update this post when we find out more.

The company is only considering candidates in California for this position. You should be available to work 8 a.m. through 5 p.m., Pacific Standard Time.

Apply for this position here.

4. Therapy Support Specialist at Nevro

Nevro is a medical device company that specializes in the treatment of chronic pain.

The company is currently looking for a remote Therapy Support Specialist to communicate with patients and offer support for issues relating to company product inquiries and device troubleshooting.

You’ll also relay complaints and queries to appropriate personnel within the company, and will document and follow up with patient cases to ensure all issues are resolved in a satisfactory and timely manner.

You’ll need a bachelor’s degree or an equivalent combination of education and experience. You should have a demonstrated ability to develop and influence relationships with customers, have strong written and verbal communication skills and should be proficient with Microsoft Office tools.

Prior experience in a consultative role, customer service or patient interaction is a plus.

Pay and benefits for this position are not listed, but we’ve reached out to the company and will update this post when we find out more.

Apply for this position here.

If you love hearing about work-from-home jobs and want to stay up to date with the latest opportunities, don’t forget to like our Jobs page on Facebook.

And if you’re looking for even more ways to make money from home, here’s a list of 32 legitimate ways to make a little extra this week.

Grace Schweizer is a junior writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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From Danny Tanner to Tony Soprano, Money Advice From Our Favorite TV Dads

Like nearly everyone else my age, I was raised on a television diet. Protein, carbohydrates and television.

My father always gave good advice, but I also vividly remember the lessons I learned from a succession of wise and witty TV dads, ranging from Ward Cleaver to Al Bundy.

Now that I’m a father myself, those TV dads seem wiser than ever to me.

To celebrate Father’s Day, here’s the best financial advice I ever got from them.

Mike Brady, “The Brady Bunch”

On used cars: “Them who don’t look, sometimes get took.”

He was telling one of the Brady kids how to shop for used cars without getting hustled. You definitely have to be careful there. For tips on buying a used car, go here or here or here.

Still, used cars are often a better deal than new ones. Consumer Reports recommends buying a car that’s two or three years old.

Homer Simpson, “The Simpsons”

“Son, if you really want something in this life, you have to work for it. Now quiet! They’re about to announce the lottery numbers.”

Okay, so Homer’s not an ideal financial role model. You probably have a better chance of being struck by lightning than winning the lottery.

Instead of buying lottery tickets every week, you should funnel that money into something like Stash. Just link this app to your checking account and ask it to automatically pull a few bucks from your account each week. It’ll invest your savings in the stock market — giving you a far better return than all those used lottery tickets will.

If you sign up for Stash here, you’ll get an extra $5 to invest when you open your account.

Tony Soprano, “The Sopranos”

My favorite TV mobster dad had so many tough lessons to dish out, he actually inspired a business book: “Leadership Sopranos Style: How to Become a More Effective Boss.”

But instead of how Tony’s example relates to corporate strategic goals, I’m thinking of some actual financial advice he once gave to his son: “Buy land, A.J., ’cause God ain’t making any more of it.”

Buying a house is a solid lifelong investment. Here are our tips for first-time homebuyers.

However, to get a good mortgage rate and save yourself buckets of money, you need a good credit score.

For that, a free service like Credit Sesame can come in handy. This tool shows your credit score, balance on any unpaid bills, credit cards or loans. It also offers personalized tips on raising your credit score.

Danny Tanner, “Full House”

Where would I be without Danny Tanner’s weekly words of wisdom on “Full House?” Lost, I tell you. Lost.

Here’s one of his best-known pieces of advice: “You have to move on in life.”

It’s true. There’s no sense dwelling on the past. Out with the old and in with the new, yada yada.

To move on from your old unwanted stuff, you can use the Decluttr app to sell your old CDs, DVDs, Blu-Rays, cell phones, tablets, video games and gaming consoles. Scan your media with your phone and Decluttr will provide a free shipping label.

Pro tip: Use the code PENNY10 at checkout for an extra 10% back on your old stuff.

Ward Cleaver/Carl Winslow

“Leave It to Beaver” had the original wisdom-dispensing suburban dad, Ward Cleaver. I’m telling you, Mr. Cleaver was the prototype.

“When you make a mistake, admit it. If you don’t, you only make matters worse,” he once told the Beav.

Itt’s such a timeless bit of advice that it was repeated decades later on “Family Matters.”

The dad on that show, Carl Winslow, had this to say: “Don’t you know when you make a mistake, you fess up to it? Trying to cover it up would only make it worse.”

You might be making a mistake by paying too much for your bills.

Luckily, a free app like Clarity Money can automatically negotiate your bills down on your behalf. If Clarity successfully negotiates a bill for you, it charges you 33% of that savings — but only once, and only after those savings have gone into effect.

Louis C.K., “Louie”

Once again, Louis C.K.’s character in “Louie” is not your traditional spotless TV dad. But he tries to be an example for his daughters. I’ll always remember the time he admonished one of them with this:

The only time you look in your neighbor’s bowl is to make sure that they have enough. You don’t look in your neighbor’s bowl to make sure you have as much as them.”

It’s important to give back, even if you don’t have a lot to give. These eight tools can help you donate to charity without spending an extra cent.

Philip Banks, “The Fresh Prince of Bel-Air”

“Uncle Phil” was the stern (but caring) father figure that Will Smith’s character needed on the show.

He could be a little gruff, like he was here: “Being a joker’s what’s gotten you into trouble. You may think it’s cool to be on the streets when you’re 17, but when you’re my age, it’s a waste.”

Adulting. He’s talking about adulting.

Part of adulting is saving money for a rainy day. Start an emergency fund. A good option is online bank Aspiration’s Summit Checking account. It has no fees, no minimum balance, and pays up to 100 times more interest than an average checking account.

Ned Stark, “Game of Thrones”

When it comes to Eddard Stark quotes, I’m partial to “The man who passes the sentence should swing the sword,” but I’m not sure that has a clear financial application.

Here’s Lord Eddard’s advice on the importance of family: “Winter is coming. In the winter, we must protect ourselves, look after one another.”

One way to look after your family: Consider a life insurance policy, which could be useful for paying off your funeral, mortgage or car loans if you suddenly find yourself on the wrong end of a “Red Wedding” situation.

Companies like Haven Life offer streamlined ways to get life insurance. Unlike traditional providers, this online-only platform provides instant decisions on coverage applications.

Some qualified, healthy applicants up to the age of 45 may even get to skip the medical exam most providers require.

After all: Winter is coming.

Walter White, “Breaking Bad”

On second thought, maybe Walter White’s not the guy you go to for legit financial advice.

How about a different TV dad also played by Bryan Cranston? Here’s “Malcolm in the Middle’s” Hal Wilkerson giving his sons some advice about hard work:

“You can have anything you want if you’re willing to work for it. Just reach for the stars and never let go. I should’ve told you that a long time ago. And when you write an angry letter, hold on to it for a day. You might not feel the same in the morning. And never invest in a friend’s restaurant. Never.”

For many of us, hard work includes having a side hustle. Like, for instance, driving with Uber.

As an Uber contractor, you set your own schedule and work when you want. Your pay is calculated on a base fare, plus time and distance traveled for each pickup. Uber charges a service fee of 20% to 35%, depending on your city.

If you want to give it a try, you must:

  • Be at least 21 years old
  • Have three years’ driving experience
  • Have an in-state driver’s license and a clean driving record
  • Be able to pass a criminal background check
  • Have a four-door car

Don Draper, “Mad Men”

Another super perfect TV dad! Alcoholic, philandering and distant, Don had three kids but gave most of his advice to his advertising clients: Happiness is the smell of a new car, etc.

Still, here’s a bit of wisdom from Don Draper that resonates: “Change is neither good or bad, it simply is.”

To be ready for change, any good dad will advise you to sock some money away. You’ve got to find a way to do it, whether it’s through Stash, Aspiration, an actual sock in your sock drawer, or a free app like Acorns.

Once you connect Acorns to a debit or credit card, it rounds your purchases up to the nearest dollar and funnels your digital change into a savings or investment account. Because the money comes out in increments of less than $1, you’re less likely to feel an impact in your bank account.

Honorable mention:

  • Al Bundy, “Married With Children”
  • Hank Hill, “King of the Hill”
  • Red Forman, “That 70s Show”
  • Steven Douglas, “My Three Sons”
  • J.R. Ewing, “Dallas”
  • Andy Taylor, “The Andy Griffith Show”
  • Eric Taylor, “Friday Night Lights”
  • Cliff Huxtable, “The Cosby Show” (too soon?)
  • Frank Costanza, “Seinfeld”
  • Jack Pearson, “This is Us”
  • Gomez Addams, “The Addams Family”
  • Fred Flintstone, “The Flintstones”

Thanks, Dad.

Disclosure: We don’t hesitate to pick pennies off the sidewalk when we spot them. But the affiliate links in this post help our earnings grow even quicker. Plus, it’s a lot cleaner than sidewalk money.

Mike Brassfield (mike@thepennyhoarder.com) is a senior writer at The Penny Hoarder. He somehow couldn’t find a suitable Al Bundy quote for this story.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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How the Supreme Court Decision on Debt Collection Practices Affects You

Plenty of people know that sinking feeling.

You’re relaxing one evening after dinner, and an unknown or blocked number flashes across the phone display. That knot begins to grow in the pit of your stomach because you know it could be another debt collector calling.

For those of us in debt — living the true American Dream — the Fair Debt Collection Practices Act (FDCPA) establishes guidelines for companies that have been hired to collect money from you.

(Of course, you could always find ways to pay off your debt and get that monkey off your back.)

What Are Your Rights When It Comes to Debt Collection Companies?

  • They can’t make harassing phone calls at odd hours, say before 8 a.m. or after 9 p.m.
  • They can’t publicly identify you as a debtor, though they can call other people to get your digits.
  • They can’t call repeatedly or use profanity. (That doesn’t mean you can’t!)
  • They can’t pretend to be from the government or law enforcement agencies.
  • And, they have to give you the full information on the debt, among other rules and regulations.

So what about the companies that actually own your debt?

On Monday, the U.S. Supreme Court ruled unanimously against expanding the FDCPA to cover banks or other financial institutions that buy your debt and scores of other people’s debt with the intention of collecting on it themselves.

At the heart of the ruling is a five-year-old class action lawsuit filed against Santander Consumer USA Holdings, Inc. A group of Maryland residents claimed that when the Dallas-based firm bought their defaulted car loan debt from CitiFinancial Auto, a subsidiary of Citi, it should have been bound by standards under the Fair Debt Collections Act (FDCA). The Supreme Court disagreed.

But don’t fret! Consumer advocates may be upset with the decision, but the move just maintains the status quo. You have the same rights under the FDCPA if you’ve got a third-party collection company bothering you.

And according to Braden Perry, a regulatory and government investigations attorney with Kansas City-based Kennyhertz Perry, the Consumer Finance Protection Bureau still prohibits unfair, deceptive or abusive acts and practices.

“In my practice, whether my client is a (first)-party or (third)-party collector, I always counsel the same: Follow FDCPA and its guidance,” Perry says. “It was enacted for a reason and the simple fact that you are not subject to it doesn’t mean you shouldn’t follow it.”

What the Supreme Court Says About Debt Collection

The June 12 opinion was freshly-minted Supreme Court Justice Neil Gorsuch’s first since his appointment by President Donald Trump. In it, he directly addressed the definition of a “debt collector.”

“Everyone agrees that the term embraces the repo man — someone hired by a creditor to collect an outstanding debt,” Gorsuch wrote. “But what if you purchase a debt and then try to collect it for yourself — does that make you a ‘debt collector’ too?”

In this case, Santander represented, at one time or another, both scenarios cited by Gorsuch. The firm was originally hired by Citi to collect the car loan debt, and under that circumstance would be held to FDCPA standards.

But Santander subsequently purchased the debt and became the owner of the defaulted loans. The FDCA only covers third-party debt collection companies, but since Santander actually bought the debt, it was now itself a creditor and therefore not covered under the law, according to the ruling.

Still, the U.S. Congress could one day alter the rules to cover companies like Santander, with Gorsuch noting it wasn’t the role of the judiciary to do so in its ruling.

“We have no difficulty imagining, for example, a statute that applies the Act’s demands to anyone collecting any debts, anyone collecting debts originated by another, or to some other class of persons still,” Gorsuch wrote. “Neither do we doubt that the evolution of the debt collection business might invite reasonable disagreements on whether Congress should reenter the field and alter the judgments it made.”

Alex Mahadevan is a data journalist at the Penny Hoarder. He’s not proud to admit he’s dodged calls from collection agencies in the past.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Beauty Expert Looking for Local Clients? This App Is Just For You

It takes a lot of effort to get certified or licensed as a hair stylist, makeup artist or nail technician. Some licensing programs can even take up to two years to complete!

The great thing about being a beauty professional is that your skills will be in demand as long as people want to look their best. So, basically forever.

If you work independently, though, it can be difficult to find local clients and also figure out where to meet up with them if you don’t rent a chair or space in a salon.  

The Glam App helps solve that problem by pairing beauty experts with clients looking for professional beauty services right in their own homes.

The Glam App currently serves over 30,000 users in the U.S. and the U.K. and allows stylists to set their own hours and schedules, make appointments and build their clientele.

If you’d like to get a piece of the action, The Glam App is accepting sign ups from beauty experts looking for side gigs in their areas.

Although The Glam App currently serves only 22 markets, its registered beauty experts are allowed to change their location at any time. So if you’re a globetrotter, military spouse or just like to travel, The Glam App can connect you with clients when you arrive in any of the markets it serves.

Signing Up With The Glam App

To sign up with The Glam App as an independent beauty expert, you’ll need a verifiable personal tax ID and a copy of your cosmetology certificate.

Head over to The Glam App’s website and fill out the company’s online form. Once your account and information are reviewed, you can start taking appointments right through the mobile app.

Stylists typically charge from $40 to $120 and give The Glam App a 10% commission. The company say that’s a big improvement over salon commissions that range from 40% to 60%.

The Glam App is a great way for beauty pros to make a few extra bucks whenever the mood strikes or develop a long-term side gig with regular clients.

If you decide to give it a try, be sure take a look at our tips for surviving — and thriving — in the gig economy.

Lisa McGreevy is a staff writer with The Penny Hoarder. She’s willing to schlep to the store with no makeup on but won’t even take out the trash unless her nails are on point.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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This New App Makes It Easier for Restaurants to Get Extra Food to the Needy

Businesses have a new opportunity to reduce food waste while helping the hungry in their communities.

Feeding America, a nationwide network of food banks, has launched an app to facilitate donations of surplus food and get them to food banks and pantries that can best distribute them.

MealConnect was tested for three years — during which it was able to redistribute 278 million meals — before fully rolling out this month. It invites restaurants, manufacturers and grocery stores take pictures of extra or nearly expired food they have available and upload them to MealConnect by computer or through the mobile app.

Feeding America will pick the food up at the donor’s convenience and determine how it can best be distributed within the organization’s network.

The organization works with 200 food banks and more than 60,000 food pantries and meal programs to serve communities in need. Google, General Mills and Walmart sponsored the app’s development.

Can MealConnect Help Curb American Hunger?

Americans waste 133 billion pounds of food each year, according to the U.S. Department of Agriculture, while approximately 42 million people face hunger and food insecurity in the U.S.   

The MealConnect program could make it easier for businesses that aren’t accustomed to donating surplus food to get acquainted with the practice. They’re protected by the Federal Bill Emerson Good Samaritan Food Donation Act, which was enacted in 2006 to encourage giving by releasing donors from liability.

This isn’t the first app of its kind, but the strength of the Feeding America network may make it the most streamlined of the options that have cropped up in the past few years.

In Philadelphia, the Food Connect app was developed to redistribute food during the 2016 Democratic National Convention. It was so successful that it’s now running as a year-round program in that region.

Food-sharing app Olio launched in 2014, allowing neighbors to offer or request surplus food. It has since expanded to include items beyond groceries.

The BuffetGo app alerts users about leftover food from buffet services that restaurants and hotels want to unload for cheap rather than toss immediately. While creeping on a leftover smorgasbord for just a few bucks may be appetizing, doing so requires a smartphone. The service area for this app is still limited primarily to the Los Angeles and New York City areas. 

But with a network as strong as Feeding America’s, the MealConnect app may be poised to put a considerable dent in U.S. hunger statistics.

Lisa Rowan is a writer and producer at The Penny Hoarder.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Costs of Being a Dad - What it Costs to Raise a Child

In honor of Father's Day, learn how much it costs on average to raise a child from birth to age 18, according to the US Department of Agriculture (USDA).

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The ‘One Bag Challenge’: What I Learned by Living Out of a Single Duffel Bag

A few months ago, I spent some time reading about people who are essentially “digital nomads,” meaning that they live their lives with a very small number of possessions and essentially work anywhere they happen to be. I started down this rabbit hole by reading this article by James Altucher about minimalism, which started with this:

“I have one bag of clothes, one backpack with a computer, iPad, and phone. I have zero other possessions.”

Essentially, Altucher lives out of a duffel bag and a backpack. They contain all of his worldly possessions and he moves from location to location quite easily. When he wants to “move,” he just picks up his stuff and goes.

Reading about this reminded me of a college professor I once knew who slept on a futon in his office and showered at the rec center at the university. He lived entirely out of his car, which was a tiny efficiency model. I remember him telling me that he could be ready to permanently go anywhere in the world in about five minutes.

Now, why would a person do this? There are a number of obvious disadvantages here, including a lack of access to many things that a person might need or want, a lack of a place to really call home, and a lack of the comforts of everyday life that we enjoy in our homes. The biggest disadvantage, in my eyes, is the lack of a place to prepare meals. Of course, some of those things can be mitigated by living in a furnished apartment, but that often ends up with you having possessions.

On the flip side, there are a number of pretty big advantages, too. For one, the time spent on shopping is tiny and the amount of time spent on cleaning house is basically zero. You can spend that time doing other things. For another, if you only have space in your bag and backpack for the relatively small number of items you can fit in there, you’re not going to be spending your money on a lot of stuff.

This whole concept intrigued me, so I decided to spend most of a month recently living out this kind of arrangement in the closest possible way that I could. I knew I was taking a trip to Denver during the month, so I decided at the start of the month to pack for the trip and then try living out of a single duffel bag and my backpack for the whole month, consciously avoiding using anything else (other than food prep items in our kitchen to make family meals). If I used things around the house, I made sure that they were things that I could have purchased elsewhere as a “service,” like doing laundry, which I could have done at a laundromat. I called it the “one bag challenge,” and it turned out to be very insightful in terms of my finances, my possessions, the money I spend on possessions, my home environment, and so on.

First, let’s really spell out what I tried to do.

‘The One Bag Challenge,’ In Detail

After being inspired by reading about “digital nomads” and vagabonding, I became really interested in the idea of what it would be like to live entirely out of one bag for a while and I basically did it for an entire month. The purpose was to evaluate my own connections to spending money on possessions, how living like that might alter one’s finances, and whether shifting to a much more minimalist lifestyle could actually work.

I am interested in things like frugality, minimalism, the tiny house movement, vagabonding, and so on, and though I am not on board to committing to such a thing with a family of five, I am interested in seeing what principles from those movements I could really apply to myself.

So, here were the ground rules I set for myself.

I put all of my essential possessions into a duffel bag and a backpack. I used the same ones I always use – a North Face Surge 2 backpack that serves as my “portable office” and a Best American Duffel bag. The intent with choosing what went into those bags was to provide everything I would need and many of the things I would want in two bags.

In large part, the duffel bag was my “living” stuff. It contained a few sets of clothes – five t-shirts, six pairs of underwear, six pairs of socks, two pairs of blue jeans, one dress shirt, and one pair of dress slacks. That was in addition to the t-shirt, underwear, socks, and jeans I was already wearing. I packed these tightly.

I also had a small bag of toiletries in there with a razor, some replacement blades, a toothbrush, some toothpaste, a small bottle of body wash, a small bottle of shampoo and conditioner, some floss, and a tiny bottle of aftershave.

I also had a spare pair of shoes in there in an enclosed bag. I describe them as “indoor” shoes and “outdoor” shoes, as one pair is definitely what I would wear indoors and at meetings and when doing things in a city environment, while the other pair is what I would wear in parks and on hikes and such.

I also kept a small bag with some snacks in there – granola bars and the like. I also kept some important documents in a small side pouch – insurance cards and the like. Although I have digital copies of these things, I still felt better having the actual documents with me.

My “backpack” was my work and entertainment bag. It had my laptop, my Kindle, a tablet computer, a bunch of chargers, my journal and a backup journal, several pens of various kinds and some backup ink, a water bottle, an emergency change of clothes, and a few other things.

I made sure to leave some extra space in both bags at the start for the purposes of needing to add more things during the month or to have space for transporting things (like a gift for my kids, for example).

I made a few exceptions for things I already had pre-planned (like some activities I already had scheduled that involved other possessions I owned), but I made it my goal to stick to this. If I needed clothes, they came out of the bag. If clothes were dirty, they went into a laundry bag that I kept in there. If I wanted entertainment, it came out of my backpack. If I wanted a snack, it came out of my backpack.

Whenever I had to use anything not in those bags, I kept track of it in my journal, because this was obviously something I journaled about extensively.

So, how did I do? Let’s walk through some of the lessons I learned.

Lesson #1: It is far easier to do this if you have living space of some kind.

Whether you find yourself staying in a hostel or staying with friends or even renting furnished apartments, everything becomes far easier if you have ready access to a place to bathe and a place to sleep without needing to own your own bedding and shelter.

I found myself thinking about this issue a lot during the early parts of the month. I take a shower every day, which requires, well, a shower. I eat a meal at home at least twice a day, which requires a kitchen and at least some kitchen implements. Those two things become much more difficult because you can’t really make them portable. They either force you to have some kind of living quarters or else jump through additional hoops.

For showering, you could buy a day pass at a gym or use a truck stop or a hostel. Those would all provide access to a shower, but they’ll each come with an additional cost and the hassle of getting there. For making your own food, you’re not really doing that unless it’s very simple stuff like assembling a two ingredient sandwich. Most likely, you’re buying prepackaged foods from stores. In a furnished apartment, you can cook for yourself, which is a nice money-saving advantage.

Again, you can avoid these challenges by simply living most of the time in a small apartment of some sort and relying on friends when you travel, but this experiment made me realize how we rely on lots of things in our home without really thinking about it.

Lesson #2: At the same time, this approach to life makes a very tiny apartment in a city much more reasonable.

If I had a very tiny apartment with basically enough space for a bed and access to a shower and a bit of kitchen space, I really think I could pull this off and live very cheaply. What I learned very quickly is that aside from the big things listed above, it actually wasn’t too hard to live out of those bags (with a couple of exceptions, noted below).

If I were suddenly single again, I would be very tempted to move to a large city, find a tiny apartment with a shower and maybe a small kitchen somewhere near a stop on the metro, and then move there. I’m not even sure I would own a car. I’d just spend my day exploring on foot, work in libraries and coffee shops, go back to the mini-apartment just to shower and sleep, and use the metro for everything. I’d probably maintain a mailbox somewhere near my hometown and check it once every month or so while visiting family, which I would do with a super cheap efficiency rental.

It seems like a very free life. Of course, there’s a big reason I’m not doing this…

Lesson #3: ‘One bag’ becomes more of a challenge with children.

When I look at my life, the big reason that I can’t do this is because of my children. I think Sarah would be willing to give this kind of life a long, serious attempt if we didn’t have children, but we do have children and that restricts us.

Children have some additional requirements that make such a life much more difficult. They require education, which means that we’d have to homeschool them or else move them from school to school constantly. I am not convinced that we – or anyone else – could do a good job of providing a well-rounded education for them, even given Sarah’s training as an educator.

They also require at least some steady socializing opportunities to learn how to form relationships with their peers. This doesn’t mean that moving is ever bad, but that a constant pattern of moving makes it difficult for them to learn how to form lasting social relationships. This is a key part of raising a child so that they understand the challenges of relationships with their peers beyond the kids they happen to see on the playground that day.

They also require space. They need a place to sleep and a place to relax. While it’s easy for one person to find such places, it becomes trickier with a family of five as more space is simply needed, even with few possessions. It also means some serious work juggling if both parents have some form of employment.

These are all challenges that can be overcome, but they’re challenges that are solved by simply having a stable family home with your children enrolled in school (or part of a homeschooling community).

What I concluded from this was that even if we all committed to a “one bag lifestyle,” that would still mean five bags and five places to rest our head and five places to take showers and likely a place to prepare family meals and a place to have a stable community of peers, at least for a while. That quickly points us to some kind of home, though it could easily be smaller than our current home.

Lesson #4: My hobbies would need a lot of re-thinking.

During this month, I came to realize that many of the hobbies I currently have require a lot of stuff and take up a lot of space. I learned very quickly that my access to several of my hobbies would be heavily altered or completely eliminated. So, let’s walk through several of my hobbies to see what that looks like.

Reading books is probably my biggest hobby and probably the one least changed by the transition. I have plenty of room in my bag for my Kindle and space for a library book or two at all times and I don’t really need much more than that. I spend about an hour a day reading books (on average), so it’s a significant part of my life that I don’t want to give up. My physical book collection would have to be sold off.

Journaling isn’t even so much a hobby but “something I do to help me deal with life,” and it also wasn’t changed very much. I keep some pens and my journal in my backpack at all times, along with a spare notepad for writing notes. When I fill up a journal, I make a digital archive of it. I do keep my old journals, but I don’t strictly have to do this – I could easily discard the old ones since I have a digital archive of them.

Hiking mostly just requires good shoes (which I noted above that I’m carrying in an appropriate bag), appropriate clothes, and a backpack with a few emergency supplies in it. I have all of that stuff. So this one’s easy, too.

After that… things get trickier.

Board games take up a lot of space. There’s no two ways about it. I don’t have space to keep more than one or two full sized board games in my bag and I’m not even sure I want to do that because of the damage that would eventually occur to the games themselves. My board game collection would have to be eliminated, with me just keeping a few small games that fit into my larger bag, ones with sturdy pieces. I actually started making a list of these during the month and wound up deciding on a few of them that I would keep in there (Tak, Innovation, and Pyramid Arcade (basically just the pyramids in a bag) are definite). A few others would be bought in digital form. Many, however, would simply be sold. I’d be able to keep up with this hobby by going to community game nights and simply playing what I have and then playing the games of others.

Tabletop role playing games are fairly easy. I do have a large collection of hardcover RPG books, but they actually translate really well to a tablet computer and most of them are easily available on there. I’d need to have a bag of dice along with me, but almost everything else could be borrowed if I were to play such games.

Fermenting/pickling foods and beverages takes up a ton of space and simply isn’t replicable at all with those constraints. I love making things like sauerkraut, kimchi, pickled cucumbers, kombucha, pickled eggs, homemade beer, and so on; there just isn’t a good way to do this in a backpack and duffel bag. This is a hobby I would have to abandon and simply enjoy those foods through friends or through purchasing them.

Cooking is similar in nature. It’s basically impossible to cook using the contents of those bags. You could, of course, visit friends and make meals in their kitchens, or you could rent a furnished apartment or some sort of temporary living quarters and cook there, but it’d be irregular and you’d have to either rely on what friends had on hand or what you buy yourself for just the meal you were preparing. This hobby would go into serious decline.

That basically covers 99% of my hobby time, honestly. Some of my hobbies could stay in place, while others would have to change significantly or be eliminated.

During this month, I found myself reading and walking a lot and basically not participating in my fermented food hobby. I attended some community game nights, but didn’t bring any games myself and just played what others brought. I intentionally cooked meals with minimal equipment. In short, I was able to still enjoy most of my hobbies, but some were eliminated and some changed significantly. I think I would be okay with this.

Lesson #5: There were some huge advantages, too.

While most of the lessons above might seem fairly negative, they really were counterbalanced with some enormous positives.

First, I spent what seemed like very little time doing household chores. There was almost nothing to clean up, ever, at least regarding my own personal things. Everything was in my bag or my backpack, so I actually spent very little time picking stuff up. To do laundry, I just carried my bag to the laundry room, tossed in the clothes, ran a load, and then packed things right back into that bag. Very easy.

Second, the fact that I could just walk out the door to travel was extremely nice. On the day I went to Denver, I literally woke up, showered, picked up two bags that were already packed from normal life the day before, and walked out the door. There was no packing for the trip. There was no making sure I had everything because I already had everything. This would make moving and traveling so easy that most of the resistance to simply going somewhere else for work or for life would become much less of a burden.

Because of that, I felt far more open to spur-of-the-moment adventures. Having a job that’s effectively telecommuting plus having a “one bag” life would make adventures seem much more realistic (without the child factor, discussed above). I can’t tell you the number of times, just in a month, I considered doing things that just weren’t on my plate beforehand, with only parental and spousal commitments holding me back. If I were single, or if I were married and Sarah were on board with these choices, I might have spent the whole month in Denver camping or renting a small furnished apartment or something, because… well, why not? I could just fly to Denver, take the metro to an apartment that I already arranged online, use the metro to get around the city and explore things, do my work wherever there was internet access, and then do the same somewhere else very shortly thereafter. That sounds tremendously exciting, and it’s very realistic with a one-bag commitment.

Third, while this lifestyle does shift costs around, it drastically reduces some of the biggest expenses in life. Yes, you’re going to pay more for things like food – it’s almost impossible to do this without causing your monthly food budget to go up unless you already eat out for most meals. You’re also going to spend more renting things that you might otherwise own or conveniently have, like renting a car or paying for a shower at a truck stop or something like that. Having said that, you’re drastically reducing the amount of money you spend on possessions and on the costs of permanent housing. That money can be invested elsewhere pretty easily.

Lesson #6: I would quickly start to put a very high premium on high-quality sturdy stuff that just works as well as stuff that takes up less space.

I already value things with a long lifespan, but that would increase even more if I were to do this. Almost everything I possessed would be chosen due to how well constructed it is in terms of extending the lifespan I can expect from it.

For example, every single article of clothing in that bag would be made to last and last and last. With my wardrobe being smaller, each item needs to be more reliable than ever and I don’t really want to be in the business of replacing articles of clothing frequently. In fact, what I would ideally do is move to a system where I refresh the whole wardrobe at once, wear it until everything’s really beat up, and then replace all of it at once at a sale of some kind.

As for saving space, I would probably consider moving to just using a tablet for all of my work tasks simply because of how much space it would save.

Applying These Lessons to Normal Life

These lessons are interesting and all, but what can I take from this to improve my everyday life and my financial state?

First, this month taught me that I have way too much stuff and that it makes a lot of sense for me to seriously downsize my possessions. In truth, I use about 1% of my possessions most of the time and maybe another 5% on occasion. Almost all of the rest just sits there taking up space. Why do I own it? Most of the time, I bought it, used it a little, put it into storage, and forgot about it. I had no real reason to buy any of that stuff and I definitely have no reason to keep it at this point. This experiment has pushed me toward having some massive Craigslist sales in the near future.

Second, this month taught me that the biggest benefits of home ownership (beyond as an investment) are tied into raising a family. Almost all of the benefits I see as a homeowner are directly tied to family stability and benefits to our children. Without those benefits, I would be sorely tempted to live a much more “digital nomad” life if i had a career that allowed for extensive telecommuting. However, in terms of what we see as important elements of parenting, having a home with adequate space for all of us to provide stability has an enormously enhanced value compared to living out of one bag.

Third, this month taught me that I spend an unsatisfactory amount of my time buying stuff or thinking about buying stuff or taking care of stuff. This isn’t out of some desire to own a lot of things. It comes from the requirements of being a homeowner, making meals at home, cleaning things up, and so on. The truth is that most of our household time is spent simply because we have so many possessions, and the fewer possessions we have, the less time we need to spend on household tasks, the less money we need for cleaning and household supplies, and the more time (and money) we have for other things we want to pursue in life.

I really encourage you to try out the “one bag challenge.” Make it your goal for a week or two weeks or even a month to live as much as you can out of the contents of one bag or suitcase and one backpack. Try to get all of your clothing, hygiene needs, entertainment, work, and even food out of those bags and just see how it goes for you. You might come to some really interesting conclusions about how you live your “normal” life, conclusions that may change how you spend and save your money.

Good luck!

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A Huge List of Work-at-Home Jobs by Location

By Holly Reisem Hanna Each week we post new, work-at-home job leads on the website, via our social media channels, and in our newsletter. While many people are able to find jobs that suit their needs through these listings, there is ONE complaint that I receive over and over again. And that is, “Why isn't […]

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How to Invest $200,000 (and generate a solid return)

From French Toast to Fresher Coffee, Here are 5 Great Uses for Stale Bread

Store-bought or homemade, it happens to every loaf, eventually.

The bread goes stale.

And while it might not immediately become inedible and caked with mold (ew, gross), there’s a good chance you’re not jumping at the chance to make a sandwich with less-than-fresh bread.

But tossing the stale portion of a loaf of bread can cause at least some moderate guilt. What’s a Penny Hoarder to do?

Find a way to use that stale bread, of course. Ignore the date on the bag: Judge a leftover loaf by its look and feel instead.

Gayle Veum of the Wheat Food Council said the best-if-used-by date on a bag of bread is typically a quality marketing tactic rather than a safety guide. “Don’t throw it away unless it has mold,” she recommended.

As anyone who lived through the Great Depression has probably lectured you: “Use it up, wear it out, make it do or do without.”

In our modern time, it’s easy to use up that lackluster loaf. Here’s what to do with stale bread.

1. Bake Croutons

Why spend a few bucks for what is essentially seasoned bits of stale bread when you can make your own instead? Several Penny Hoarders are fans of The Bread from The Pioneer Woman, so we’re directing you to that same site’s crouton recipe.

Cut your extra bread into cubes, or tear it into pieces before baking. Whatever shape you choose, homemade croutons will jazz up the average salad.

2. Grind it Into Crumbs for Meatloaf and More

Breadcrumbs are another thing you could make yourself instead of paying $3 per canister. Simply tear slightly stale bread into small pieces, and toss them into a food processor.

Grind the bread until you’re satisfied with the size of the crumbs, then add any seasoning you know you’ll want in your finished recipes. Store the crumbs in a zip-close bag in the freezer for a few months.

3. Make French Toast for Breakfast

Fresh, moist bread is delicious, but it won’t soak up an egg batter like a slice that’s gone a bit stale. Use yesterday’s — or last week’s — bread for French toast that won’t droop as soon as you pull it out of the pan.

4. Griddle Up Some Grilled Cheese

Stale bread is just fine for grilled cheese. You want it to be crispy on the outside and gooey on the inside, right? You’ll probably slather the outside in butter anyway. (Because you’re reasonable and respect tradition.)

5. Clean Your Coffee Grinder

Pick off a few small pieces of bread off a just-gone-stale slice. Drop ‘em your coffee grinder, secure the lid and grind away. Once it’s all crumbs, dump everything out — including remnants of blends past. Wipe out any remaining coffee or breadcrumbs with a damp cloth, and marvel at how fresh your next pot of coffee will taste.

Don’t Feed the Ducks, Though

If your childhood was anything like mine, a cheap way to spend an evening entailed tearing apart heels of old bread to throw to the birds at the lake. Turns out bread is not great for birds. They may need some vegetables and protein, too.

But don’t despair, nature and bread nerds: The Canal & River Trust in the U.K.’s campaign to keep ducks healthy includes a recipe for bread pudding!

Lisa Rowan is a writer and producer at The Penny Hoarder. She really, really loves bread.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Class Action Alert: Deadly Dog Bones and Annoying Robocalls Pay Out Big

True money stories from smart people: Complain to gain

Woman sits on the sofa on the phone

Where there’s muck there’s brass they say. But did you know that it’s also true that where there are complaints there’s cash?

Always on the lookout for ways for my readers to make a few bob on the side, I’ve been impressed by how much some people manage to make just by, well, whingeing.

Given that whingeing is practically a national sport in the UK – I see its influence behind the vote to leave the EU – you would expect blaming Brits to be making some decent cash out of it by now.

And indeed they are. For example, comparison website GoCompare has found that 16 million UK consumers have used social media channels such as Facebook and Twitter to complain about products and services, and successful complainers have received an average of just under £32 each in refunds and gifts.

And that’s just through social media. Good old-fashioned emails and even quaintly antique posted letters can often garner more, particularly if you know how to write them.

Reader Tira Shubart told us on MoneyMagpie: “If I have a problem with a company I write to the chief executive saying how traumatised I’ve been to find their company – which I always believed to be the best in the world – could do something like this to me. I’m really, really nice but always say I need to be compensated. So far I’ve had £100 in vouchers, a £75 cash refund and British Airways sending me a chocolate Easter bunny. It’s worth doing!”

And it is the ‘in sorrow rather than in anger’ tone that seems to do the trick. Casting aspersions as to the chief executive’s parentage, comparing their product unfavourably to fast-moving excrement or using words that meant something fruity even in Chaucer’s day are all unlikely to get you what you want.

It’s also important to be clear about the problem if you really want a satisfactory result from your complaint. In other words, something rather different to these excerpts from tenants’ complaints to local councils:

“It’s the dog’s mess that I find hard to swallow.”

“I want some repairs done to my cooker as it has backfired and burnt my knob off.”

“Will you please send someone to mend the garden path? My wife tripped and fell on it yesterday and now she is pregnant.”

“The toilet is blocked and we cannot bath the children until it is cleared.”

“I am a single woman living in a downstairs flat and would you please do something about the noise made by the man on top of me every night.”

“I have had the clerk of works [a person who oversees building works] down on the floor six times but I still have no satisfaction.”

All anguished pleas for help and mending but, somehow, there’s something a little lacking there…

The other essential ingredient to a good complaint is persistence. People I know who have worked in complaints departments say that if you get a ‘no’ for the first letter, write again and then a third time, working on the principle that they will pay you just to go away, if nothing else.

It also helps if your complaint is actually reasonable. The marketing website Mycustomer.com has a delightful list of complaints sent in recent years that didn’t receive a positive reply however many times they tried. They include these ones:

A utilities company received a call from a customer complaining about the exceptionally high quality of customer service. It was suggested that less money was spent on staff training and the savings put into reducing customers’ bills.

A customer contacted their electricity provider complaining that a power failure resulting from high winds caused them to miss a ‘vital episode’ of Coronation Street.

An internal helpdesk received a call from a user complaining that she could only view her new monitor correctly if she lay her head on her desk. Once the monitor was rotated by the support team, the problem was solved.

A blouse was returned to a high-street retailer with a demand, not only for a refund, but compensation for the vet’s fees incurred due to the pattern causing the customer’s dog to bite itself.

However, the website also reports that a pet shop actually refunded a customer after they complained that the hamster recently purchased was “neither friendly nor cuddly”. Which goes to show that it’s always worth a try – where there are complaints, there is usually cash. 

Jasmine Birtles is a financial journalist and founder of MoneyMagpie.com. Email her at columnists@moneywise.co.uk.

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No one today should have to live in a pension wasteland

A couple check their finances at the kitchen table

“JE NE REGRETTE RIEN.” So sang French chanteuse Edith Piaf in 1959. “I do not regret anything.” I wish I could say the same about my personal finance life.

Looking back over some 30 years of saving and investing, insuring and borrowing, I have many regrets. Borrowing too much on credit cards in my early 30s when starting a family. Taking out an endowment mortgage that failed to perform according to what the salesman told me.

Then, not overpaying on the mortgage when I could have done. Not using all of my Isa annual allowances. The list goes on, but I think you get the picture. But probably my biggest personal finance regret is not of my own doing. It is the fact that in my 20s and early 30s, none of my employers offered me the opportunity to save into a workplace pension. They included a firm of chartered accountants, a small-time publisher, a big-time publisher and a building society, which sadly is no more.

All were unwilling to enrol me – for a variety of reasons. I was too young, they too parsimonious or I didn’t stay long enough to earn my right to join their pension scheme.

Three years of self-employment did not help matters either, a period of my life when day-to-day financial survival rather than financial security in later life was the overriding goal. It meant that for the early part of my life I lived in a pension wasteland. As a result, I have been playing catch-up ever since.

Although today’s young adults are faced with student debt, limited job opportunities and out-of-reach house prices – they do have one thing going for them. It is called pension auto-enrolment.

Since late 2012, more than 7.5 million people have started saving into a pension for the fi rst time as a result of auto-enrolment – the requirement under rules introduced by the coalition government for employers, large and small, to push most of their workers into a pension.

Auto-enrolment is not compulsory, but it is not far off. If you don’t want to save, you have to keep opting out.

By the time all employers have embraced this new auto-enrolment regime by the start of next year, around 10 million employees will have been drawn into pensions.

Good news? Of course it is, although we must not get carried away with the propaganda that the Pensions Regulator and the Department for Work and Pensions perpetuate on this subject. While millions of workers are now saving for their retirement, the sums involved are often proverbial peanuts rather than shiny gold nuggets.

In many cases, it is the bare minimum permitted under auto-enrolment – 2% of ‘qualifying’ earnings, comprising a 1% contribution from the employer, 0.2% of tax relief and the rest (0.8%) from the employee.

Note the word ‘qualifying’. Auto-enrolment contributions are only based on annual earnings between £5,876 and £45,000. If you earn more, you can put more into a pension but your employer doesn’t have to contribute above this level. Yes, the minimum contribution percentages will increase once auto-enrolment has been rolled out – rising eventually to a combined 8% – which means employees begin accumulating meaningful pension pots.

But auto-enrolment needs a major shake-up, a point acknowledged by the government which has asked pension experts to give it the once over.

It needs to include many of those workers now excluded – for example, the self-employed and most part-time workers. The qualifying earnings bands should be scrapped. More simplicity, please, and an opportunity to save more.

In addition, it would be great if workers had a bigger say in the pension funds they are auto-enrolled into. Currently, the employer chooses the pension provider, which invariably (but not always) means a choice based on cost. Low cost does not mean best pension value for employees.

Finally, and controversially, auto-enrolment should be replaced by compulsion. It would stop that minority of employers (illegally) encouraging workers to opt out of the pension to save their business money.

If compulsion had been around in the 1980s and 1990s, I would not now be playing pension catch-up. Indeed, as far as pensions go, I would be able to scream from the rooftops: “Je ne regrette rien.”

Jeff Prestridge is the personal finance editor of the Mail on Sunday. He won the Contribution to Personal Finance Education category at the Santander Media Awards 2016. Email him at columnists@moneywise.co.uk
 
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