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الجمعة، 11 مايو 2018

This Call Center Is Hiring Work-From-Home Representatives in 4 States


Hey there, Chatty Cathy.

Put your social skills to work with Windy City Call Center, which posted these remote call center jobs available to residents of Georgia, Illinois, Texas and Florida.

The company is looking for multitaskers with excellent telephone etiquette, even amid a flurry of calls. Previous interviewing and scheduling experience is strongly preferred, and you’ll be expected to meet sales targets.

Two options are available for full-time schedules: 9 a.m. to 6 p.m. CST or 10 a.m. to 7 p.m. CST. Both schedules are Monday through Friday. Part-time schedules also come in two varieties: 10 a.m. to 3 p.m. CST or 3 p.m. to 7 p.m. CST. Both are also Monday through Friday.

You’ll be paid to attend the virtual training period, which lasts for five consecutive days from 9 a.m. to 5 p.m. CST.

Prefer to breeze past this job? Check out our Jobs page on Facebook. We post new opportunities there all the time.

Virtual Inbound Call Center Representative at Windy City Call Center

Pay: $9 per hour for the first 90 days, then $10 per hour

Responsibilities include:

  • Processing inbound calls and helping job applicants complete the final step in the application process
  • Meeting or exceeding sales goals and quality-of-work metrics

Applicants for this position must have:

  • Ability to deal with a fast-paced call center work environment, answering calls while working with multiple computer programs
  • Minimum typing speed of 35 words per minute
  • High-speed and wired internet connection — your computer must plug directly into the modem
  • Computer with at least 4GB of RAM, 2GHz processor and one of the following browsers installed: Google Chrome, Firefox or Safari
  • MS Office or OpenOffice — the job posting says the company will provide technical help if you need to assistance downloading either of these free programs

Benefits include:

  • Health insurance with company contributions
  • Company-matched 401(k) retirement plan
  • Paid time off after 90 days of employment for both full- and part-time employees

Apply here for the virtual inbound call center representative job at Windy City Call Center.

Tiffany Wendeln Connors is a staff writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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Grab Some Popcorn: These Companies Will Pay You to Watch Movie Previews

Amazon Will Give You $15 Just for Putting Cash (Yes, Cash) in Your Account


There are two types of people: those who credit, debit and Venmo their way through money exchanges, and those who still like the feel of a crisp $20 bill.

For people of the first type, receiving any amount of cash is roughly the equivalent of getting a handful of baby snakes. The sooner it’s gone, the better. Grandma gave you $50? Quick! Give it to a friend who can Venmo the money back! (That’s right. You even use Venmo as a verb.)

But believe it or not, there are a lot of people who still like cash, or simply don’t have access to a bank account or credit card. But like everybody else, they still want to buy stuff on Amazon.

Cash may be king, but Amazon rules.

Now there is a way for you to use cash to buy your stuff on Amazon and get a little bit of free money in the process. Cha-ching! (That’s the sound of an old-timey cash register.)

And if you add cash to your account before June 30, you can score some bonus credits in your Amazon account.

  • Deposit $60 cash, and Amazon will toss in a bonus $15, making your new total $75.
  • Or, go to a participating 7-Eleven store and deposit $30 to receive a bonus of (you guessed it) $7.11, for a total of $37.11.

That’s free Amazon money, folks.

How to Deposit Cash Into Your Amazon Account

Amazon Cash allows you to turn your cash into Amazon credit.

How? It’s actually pretty easy. Log in to your Amazon account on your computer or phone app, and search “Amazon Cash.” Then, click on the “Get Your Barcode” link. You can print off the bar code or access it on your phone for the next step.

Now that you have your bar code, head to a participating store location, such as 7-Eleven, CVS or for my peeps back in the Midwest, Kwik Trip. Ask the cashier to scan the bar code, and then hand them your cash.

Like magic, your cash is turned into Amazon credits on your account in seconds.

Confused? Scroll to the bottom of this page for a quick video to walk you through the process.

Don’t Wait to Spend Your Bonus Money

Your cash deposit does not expire in your Amazon account, and you can use it on anything you want on the site. However, your bonus money does expire on July 31, so you’ll want to use that up fairly fast. I recommend this fun and stylish squid hat for just $14.99. It’s perfect for those summer get-togethers with relatives.

If you have cash burning a hole in your pocket or sitting idly in a drawer somewhere, breathe a sigh of relief, because now you can use it on Amazon.

Tyler Omoth is a senior writer at The Penny Hoarder who loves soaking up the sun and finding creative ways to help others. He finds the crisp crinkle of cash to be a soothing sound when it comes from his pocket. Catch him on Twitter at @Tyomoth.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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Turn Your Gaming Talents Into Dollars as a Freelance Writer for GameSkinny


When I was a kid, it was always a great day when one of my video game magazines arrived in the mail. I’d spend afternoons reading about all the upcoming releases and reviews of new titles.

Back then, the idea of being able to get paid to play and write about video games sounded like the best thing ever. Fast forward to today: The internet provides gamers with the opportunity to write about their favorite pastime.

If you have some writing experience and want to get paid to write about video games, now is your chance. GameSkinny is looking for remote freelance writers to join its team. The website, a subsidiary of the Launch Media Network, features content written for gamers, by gamers. It includes reviews, news, game guides, gaming trends and more.

Writers will be expected to follow Google Trends and research topics for story ideas that they think GameSkinny readers will enjoy.

If you’re not a gamer but are still interested in work-from-home jobs, don’t forget to check out our Jobs page on Facebook. We post new opportunities there all the time.

Freelance Writer at GameSkinny

Pay: Based on Your Submitted Pay Rate for a 600- to 1,200-Word Post

Responsibilities include:

  • Researching current trends and keywords
  • Writing quality content based on research and anticipating what the gaming community needs
  • Using self-promotion and content marketing to attract new audiences to your posts (bonuses for content that scores big)
  • Pitching a set number of story ideas per week/month

Applicants for this position must have:

  • At least one year of experience as a freelance gaming writer

To apply for the freelance writer position at GameSkinny, email WriteforUs@GameSkinny.com with “Freelance Writer” written on the subject line.

Include the following credentials in the email:

  • Links to published work, including samples of reviews, game guides or any content related to gaming
  • Three or four sample headlines you think would work for GameSkinny
  • Your per-article pay rate based on a 600- to 1,200-word post
  • A list of games you are currently playing

Click here to see all the details for this gig.

Matt Reinstetle is a staff writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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How to Leverage Your Brand’s Story to Drive Sales

Everyone has a story, what’s yours?

I’m not referring to your life story, although there are times when that can be intriguing as well. Instead, I’m talking about things like how you started your business.

What was your motivation?

Sure, everyone gets into business to make money, but there has to be more to it than that. Stories are a powerful way to connect with your audience.

That’s because they can entice all different types of emotions. The key is finding a way to drive sales by guiding these emotions.

One of my favorite ways to do this is by using your brand’s story.

I know what you’re thinking. Your brand’s story isn’t that interesting or worth sharing. Or maybe you’ve got a good story, but you just don’t know how to tell it.

But if you learn how to master the art of storytelling, it can help you increase sales revenue.

Not sure how to approach this? Don’t worry. I’ll teach you how to leverage your brand’s story to make more money. Here’s what you need to know.

Your story needs to simple

For starters, it’s important for you to keep things simple.

We’re not trying to write a Martin Scorsese film here. Stay away from plot twists, mysteries, or thought-provoking endings with an open-ended interpretation.

Your story needs to have a clear beginning, middle, and end. So before you can share this story, you’ve got to take the time to figure these components out.

Here are some of the most common elements that should be included in your brand’s story.

image1

While you’ll want to include as much information as possible, you also need to make sure that it’s going to be easy for people to understand.

The easiest way to do this is by starting your story with some sort of problem that you’ve identified. This will be something that your audience will recognize as your reason for going into business.

Shortly after sharing the problem that your brand acknowledged, you need to talk about your solution.

Did you invent something? How did you make improvements to an already existing product?

This part of your story will help show what makes your brand different from competing companies in this market segment. So now is your chance to really shine.

Finally, the story should end with your success. Coming up with a solution is much different than finding a method that’s successful.

Here’s a great example from this from SAXX Underwear.

image2

SAXX manufactures and sells men’s underwear with a unique support pouch. Their story talks about how they landed on this design.

It explains how their founder was on a fishing trip and experiencing discomfort with what he was currently wearing. That’s the problem.

His solution was to create a hammock-like pouch that’s designed to keep men comfortable and dry. That’s the solution.

But he’s not quite at the success portion of the story yet. They continue explaining that it took 14 prototypes to finalize their first product. That’s the success story.

It’s also important that the ending of your story doesn’t make it sound like it’s over. You’ve got to make it clear that your business is still in operation. You’re trying to grow, prosper, and continue along the path of success.

SAXX does this well. They end the story by reinforcing that all of these years later, their focus is still the same.

So try to use this example as a template for how to tell your brand’s unique story.

Tell a story that your customers can relate to

Depending on where your company currently stands at the moment, you may not think that it’s easy for your customers to relate to.

Your company could be in a position where you are grossing hundreds of thousands of dollars annually, which the average person just can’t seem to wrap their mind around.

This is a perfect opportunity for you to refer back to where you got started. Was it difficult for you to become successful?

The struggle for success is definitely something that people can relate to. It’s something that most people deal with on a daily basis. But just make sure that you relate to our last point about keeping things simple if you’re going this route.

It’s imperative that you stick to the important details. For example, nobody cares about your negotiations with the banker as you were trying to secure a startup loan.

If you want to share a rags to riches story, you could just say something like, “We had $100 in the bank,” and it will paint a picture that’s relatable without boring your audience with minor details.

Take a look at how Mush Oatmeal shares their brand story.

image3

Rather than writing it, which is a more traditional route, they used a video to explain the motivation behind their brand. It’s a great idea because video marketing tactics increase sales.

In fact, 43% of consumers say that they want marketers to provide more video marketing content.

But in addition to being a creative way to share their journey, one of the best parts about this story from Mush is that it’s relatable.

They talk about how families walk into stores like Costco to buy big variety packs of oatmeal that contain added sugar and preservatives.

The co-founders of this brand both had a passion for health and wellness. They felt like big corporations were only motivated by making money, but Mush was motivated by providing consumers with nutrition.

That’s when they came up with the idea to provide fresh and cold oatmeal, which is different than what most people expect from a traditional hot bowl of oatmeal.

They identified a problem that people can relate to and came up with a unique solution. These are the components of a great brand story that will entice consumers to buy your products.

Relatable stories can show the human side of your company. You’re not just a brand without a face.

Show your customers that you have more in common with them than they might think, which can ultimately make them want to support you.

Establish trust and credibility

What makes you qualified to do whatever it is that you do?

Here is where your story can really help you add credibility to your brand name.

For example, let’s say that your company sells surfboards. Well, if you’ve been a professional surfer for 20 years, you’re probably qualified in this space.

So you could talk about your transition from surfing to building your own boards.

Do you have a degree in a field that’s related to your business? What did you study? Talk about some of your past jobs and experiences that made you qualified to create and run your current company.

If you can effectively answer these questions and position yourself as a credible source, then customers will be more likely to buy your products based on your differentiation from the competition.

Here’s a great example of this strategy from EO Products.

image6

The story talks about their humble beginnings of making soap in a three-gallon pot in their garage. But it then turns into a tale of two pioneers in the cosmetics industry.

EO Products was tasked to create a hand sanitizer with non-GMO ingredients. So they figured out a way to use organic alcohol from sugar cane.

This brand received FDA approval as a certified OTC manufacturer of these products.

They also were the first personal care brand that was certified by the Non-GMO Verified Project.

Once their brand established trust and credibility, EO Products launched a product extension called Love Everyone. These products were designed for people and families who wanted high-quality and natural products at a budget price.

Stories like this make it enticing for consumers to buy from this brand.

Entice an emotional response

The best stories are emotional.

You may not have a story that your customers can relate to, but that doesn’t mean that you can’t get them to feel a certain type of way.

One of the best examples of this kind of brand story is used by TOMS Shoes.

image4

Their founder, Blake Mycoskie, built a brand to help people in need.

While he was traveling to Argentina, he was overwhelmed by how many children were living without shoes. This was the inspiration behind the creation of his company.

His business model is simple. For every pair of shoes purchased, another pair of shoes is donated to someone who needs help.

While prospective customers may not have a similar or relatable story, they will still be willing to buy products to help this cause based on their emotional response.

This type of story stimulates a response that drives sales. These emotions can vary based on the person.

For example, someone may feel sympathy for the people in need, while other people could feel praise for the brand that is helping. Other customers may even feel joy and self-gratitude for making a purchase, knowing that their money is going to help a greater cause.

Regardless of the reason or the emotion attached to it, you can use a similar strategy in your story to help increase your sales.

Encourage customers to tell their own story

Your story is important to your brand.

But with that said, not everyone will have the same story. Your products and services may have a unique impact on your customers.

Allow them to share it with others and create user-generated content. Stories provided by your customers can ultimately help shape and form your overall brand story.

How did your product change their lives or make things easier for them?

Your customer had a problem, and your product solved it. Let them share this story. One of the best ways to do this is by staying active on social media.

Run contests or promotions that encourage people to share their stories.

You can even share them on your website. Try to create a specific section of your site that’s dedicated to user stories.

Here is a great example of how Tesla uses this strategy on their website.

image5

Tesla builds and sells electric cars, which is revolutionary in the motor vehicle industry.

The stories shared by their customers explain how these electric cars helped improve their lives. As you can see from the examples above, there is a wide range of diversity on this page.

One story explains how two guys were able to fit eight beer kegs in an SUV, while another story talks about how a mother uses her Tesla for her family of five.

Be authentic

You don’t want to appear fake or phony when you’re telling your brand’s story.

Make sure that you aren’t making things up or embellishing the truth to make yourself sound better. If you get caught in a lie, it could backfire and potentially destroy your company.

That’s definitely not something you want to go through. We just finished talking about how important it is for you to establish trust and credibility, so don’t ruin that.

But with that said, being authentic involves much more than just telling the truth.

Let your personality shine. If you’re funny, then be funny in your story.

If you were emotional when you were creating your company, then share those emotions with your audience.

Just make sure that everything you say is an accurate representation of both you and your company.

Sell your story

When a customer buys something, they should feel like they are purchasing more than just a product.

If you market your brand properly, then customers can seemingly buy a portion of your story and make it part of their own.

This may sound complicated, but it can be done. FFTOB is a perfect example of how to properly leverage this strategy.

image7

After a certain amount of time, firefighters need to retire their suits.

But rather than having those old suits go to waste, this company turns them into unique handmade bags.

People who buy these bags are purchasing more than just the brand’s story. They are buying the story of a real-life hero.

These uniforms were worn by brave men and women who risked their lives on a daily basis to keep their communities safe. The idea of turning those uniforms into bags is so creative and just hard for customers to resist.

Everywhere they go with their bags, their story goes with them.

Some of the bags even have distorted coloring on them because they were exposed to a fire. If you’ve got a story that’s this unique, you’ve got to get out there and share it with the world.

Conclusion

If you’re looking for a new way to get more sales, look no further than yourself.

Think about how your brand got started and what inspired you to go into business. It’s been a long journey and it’s worth sharing.

You’ve just gotta make sure that your story is simple and easy to follow.

Find a way for your customers to relate with your brand’s story. Use this to help you establish trust and credibility within your industry.

A great story will stimulate emotions from your audience. Use these powerful emotions to guide customers into a buying decision.

You should also encourage your customers to tell their own stories. These unique pieces of user-generated content will help shape your overall brand story.

Sell your story in addition to your products. But no matter what you do, it’s imperative that you remain authentic at all times.

Follow these tips if you want to drive sales by leveraging your brand’s unique story.

How are you using your brand’s story to establish trust and credibility with your customers?



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A Kitchen Full of Projects

As you walk through our kitchen, one thing you can’t help but notice is that there are usually a lot of food-related projects that are almost always ongoing.

In just a cursory glance at our kitchen right now, one would find a small batch of homemade peach cider in the process of fermenting, a batch of homemade kombucha that’s also in the middle of fermenting, a jar of homemade preserved lemons, a bunch of home-canned items in the pantry, a ton of little jars of various seasoning mixes in the pantry, several full meals made in advance in the freezer, and some homemade bread dough rising in a bowl. This isn’t an unusual state of affairs.

Why do this? Why not just buy these items at the store? Doesn’t it take a lot of time and energy?

There are several reasons why we spend time and energy on food related projects, actually.

First of all, the homemade version of anything is almost always substantially less expensive than the same item in the store, often enough to produce a pretty impressive savings per hour of effort. I can make $15 worth of kombucha (at the cost at which it’s sold in stores around here) for about $1 worth of tea and sugar. The cost of a loaf of bread from scratch is about a quarter of the cost of a similar quality loaf of bread at the store. Preserved lemons consist of a few lemons, some salt, and a jar left in the fridge for a while – literally a few pennies for an amazing condiment, compared to the dollars that a smaller jar of preserved lemons costs at the store. Homemade cider consists of chopping up and boiling fruit for a while, then letting it cool, adding yeast, and waiting – a dollar or so for what would cost quite a bit in the store. All of this stuff saves money compared to the cost of buying a comparable item at the store.

Second, most of these tasks boil down to mixing together a few ingredients and waiting, so the time commitment is minimal. I’ll often make a batch of bread dough while doing dishes, since most of it is dumping four ingredients in our stand mixer bowl and letting the kneading hook knead it, which happens while I’m loading the dishwasher. I then just sit that bowl out with a towel over it to rise, come back a while later, shape it into a loaf and put it in a loaf pan (takes about 30 second), come back a while later, and pop it in the oven. It’s not hard.

Preserved lemons? I cut up some lemons. I added some salt. I pushed them down in the jar and latched it. I put them in the fridge. Now I have preserved lemons for the next year, perfect for things like marinades and potato salads.

Cider? I cut up some fruit (usually just cutting up extras when I’m making a fruit salad or slicing apples for dinner or something), add enough water to cover the fruit pieces, and let them all sit in a slow cooker for eight hours until the fruit is complete mush. I strain off the solids, add a bit of additional sugar and some yeast, and let it sit for several days in a jar with an air lock while it ferments. When it’s done, I pour it into a bottle and stick it in the fridge until we want to drink it.

Extra meals in the freezer? I just make two or three or four simultaneous batches of the supper I’m making anyway, get them all to the point where they’re ready for final cooking, and freeze the extras. Two days before we’re going to use one of the extras, I move it to the bottom of the fridge. That’s literally it.

Most of these tasks take a minute or two, then you just leave things sit for a while, then take another minute or two. Some of the others are just done in parallel with other things I’m already doing. I usually just add those tasks to the list of things that ordinarily need to be done in the kitchen, like meal prep or doing dishes.

Third, the homemade version is often better in most regards than the store-bought version. For starters, I have far more control over the ingredients. If I want a stronger ginger flavor in my cider, I add more ginger. If I want more peach flavor, I use more peaches; if it’s overwhelming, I’ll add a bit of water to cut it down next time. If I want it less salty, I add less salt. Like garlic? Add more garlic to your seasoning mix. You get the idea.

The homemade version is usually healthier without sacrificing flavor, too, because you don’t really have to worry about something being “shelf stable” for a long period of time and you don’t have to include unhealthy ingredients if you don’t wish to do so. For example, I don’t care if my homemade canned pickles slightly discolor over time – they still taste the same – so I don’t have to add a bunch of funky ingredients to make them look appropriately “pickle green” on the shelf. I don’t have to add preservatives to my bread that I just made because it’ll likely be eaten in a day or two.

Third, the more frequently I do things in the kitchen, the easier it becomes to do pretty much anything in the kitchen. I’m no longer intimidated by anything I might do in the kitchen, and part of that is the result of simply doing lots of things in the kitchen.

The first time I made a loaf of bread on my own, it seemed like a ton of work and I made a huge mess. The next time was almost as bad. The time after that? Pretty bad, too. But by the time I got to loaf 100, it was easy – I can do it quickly with minimal mess. I often make bread while I’m waiting for water to boil for tea or something like that, with all cleanup handled except for the dough hook and the bowl before the water boils. Not only that, I’m way more confident about things like making pizza dough or making breadsticks or making rolls.

This is pretty much true with the first time I made anything in my kitchen. The first time I made a seasoning mix, I had stuff all over the place. I eventually learned a few simple tricks for making it easy and now there’s not even a speck left behind. The first time I made homemade beer, our kitchen looked like a war zone. Now I can have the fermenter put away and the kitchen spotless in minutes.

Things just get easier the more you do them, and eventually the savings and the higher quality makes the process of trying to make something at home seem like a better deal than buying it at the store because the time and energy investment gets so small. It just takes practice.

Finally, I let it become a hobby. At first, I really pressed into the kitchen because the idea that I could save a lot of money through home food preparation was so prevalent in the things I was reading at the time, but as time went on, I actually grew to appreciate it.

For me, the turning point was the first time I prepared a really really good meal, one that felt like it was at least as good as what I would have had at a restaurant and paid several times as much for it. I wanted to recapture that feeling as often as possible. It became a goal for me.

As I got better and better at it, through sheer practice, I began to turn out good meals faster and faster, and I began to desire to experiment a little. I could buy some craft beer… but maybe I could just make it, and make a raspberry chocolate stout that focuses on the dark chocolate flavor. I could buy some preserved lemons for this salad… but maybe I could just make them and add just a bit of heat by putting a pepper in there. This seasoning is good, but it could use a bit more garlic… maybe I could just make a batch of seasoning just as I like it.

The end result of all of this is a kitchen full of projects, a surprisingly small food bill for the relative quality of our diet, and a surprisingly little amount of time spent in the kitchen that isn’t purely fun.

How can you get started down this path? You can do it by making simple meals and food items that you like on your own from basic ingredients. Do you like coffee? Figure out how to make your own cold brew – you need almost no equipment to make good coffee. Do you like scrambled eggs? Make scrambled eggs frequently. Look at these tasks not only as a food preparation task, but as a way to build skills so that every time you do this in the future is easier.

After you start feeling more confident in the kitchen, start making more and more things. You can move from buying burritos at Taco Bell to making a simple burrito at home with canned beans to making grilled burritos at home with beans you cooked yourself, sour cream, cheese, a bit of guacamole, and a bit of oil in a skillet. Follow recipes, figure out what seasonings you like for your regular meals, then make seasoning mixes that match exactly the flavors you want.

Just keep trying stuff. It’ll seem hard at first, with a lot of work and some likelihood of messing it up. That’s okay. Once you build the needed skills, everything gets easier and the realm of possibility gets wider. You’re making better/healthier/tastier things and you’re making them faster with less cleanup. You’ll also find that an awful lot of food tasks involve simply starting something and leaving it for a long time while you go off and do other things, so it doesn’t eat up nearly the time you imagine that it does.

The best thing you can do is get out there and try. Try making a meal. Don’t grumble about it being hard or how big the cleanup is. The thing is, each time you do it, it gets easier and the cleanup gets easier and the result gets better. The challenge is to keep going back until it becomes the easy, tasty, healthy, cheap, and obvious choice most of the time. Before you know it, you’ll have a kitchen full of projects, too.

Good luck.

The post A Kitchen Full of Projects appeared first on The Simple Dollar.



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Postal Service: More Financial Loss as Mail Delivery Slumps

The U.S. Postal Service is reporting another quarterly loss. That's because strong gains in package deliveries were outweighed by an unrelenting decline in mail volume and the costs of its health care and pension obligations.

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Retirement Confidence Is Increasing – But Should It Be?

The 2018 EBRI survey shows nearly 2 in 3 workers are confident they will have enough money for retirement. See more findings from the 28th Annual Retirement Confidence Survey.

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How Much Money Do You Really Make Selling Stuff Like Rodan + Fields?

Ever had a friend try to get you to sell Mary Kay, Rodan & Fields, Pampered Chef, jewelry, oils or some other product from home? How much can you really expect to earn doing these?

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How Much Money Do You Really Make Selling Stuff Like Rodan + Fields?

Ever had a friend try to get you to sell Mary Kay, Rodan & Fields, Pampered Chef, jewelry, oils or some other product from home? How much can you really expect to earn doing these?

Source Business & Money | HowStuffWorks https://ift.tt/2G9XZdS

My Husband Is Bleeding Us Dry to Pay for His Grown Daughter’s Lavish Tastes


Hello Penny,

I got married last October. My husband and his first wife have one daughter, now in her late 20s. The ex-wife has been very successful financially and has raised this daughter to have luxurious tastes and surroundings, emphasizing materialism. We cannot keep up with them financially.

A few weeks ago, he told me he borrowed $100,000 on a second house he owns for Daughter’s college expenses before I was with him, and it is coming due. The townhouse we live in is not fully paid for.

He raided his retirement to put up $40,000 of what was likely a $150,000 to $200,000 wedding for Daughter for a marriage that didn’t last.

He’s 67 and doesn’t want to retire, but his employer is making overtures that they want him to retire. I keep trying to get us better organized re: personal documentation, the future, etc., but I don’t want to get stuck with debt that isn’t mine when no one has ever said no to Daughter, and she will bleed all of us financially dry for her unmet emotional needs.

How do I deal with this tricky situation?

Thanks!

It seems like you’re upset with your stepdaughter for her expensive taste, when that’s not exactly her fault. She has simply responded to the dynamic set up by her mother and your new husband.

The person who is going to bleed you financially dry is actually your husband. He’s the one who keeps writing checks, apparently putting his own finances at risk by doing so.

If he did not disclose this debt and its purpose before you tied the knot, you may need to have a difficult conversation about financial honesty and how to move forward.

It sounds like you’re mad at everyone — your new husband, his ex and his daughter. It sounds like you don’t want any part of any of their financial problems. I cannot blame you.   

It’s possible to have a postnuptial agreement drawn up and notarized, barring any peculiar rules in your state. Doing so would determine what happens to his and your property in the event of death, and in theory could determine the fate of your individual debts in a worst-case scenario.

But unless you’re planning to separate, that won’t excuse you from working together to figure out how to handle finances as your husband approaches retirement.

He and your stepdaughter are long overdue for another conversation about the loan he took out to pay her college bills. Whether he intended on requiring her to pay him back or not, it’s probably time to shift the burden.

Have an awkward money dilemma? Send it to dearpenny@thepennyhoarder.com.

Disclaimer: Chosen questions and featured answers will appear in The Penny Hoarder’s “Dear Penny” column. I won’t be able to answer every single letter (I can only type so fast!). We reserve the right to edit and publish your questions. Don’t worry — your identity will remain anonymous. I don’t have a psychology, accounting, finance or legal degree, so my advice is for informational purposes only. I do, however, promise to give you honest advice based on my own insights and real-life experiences.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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