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الجمعة، 13 يوليو 2018

TruTV Game Show ‘Paid Off’ Tells the Sick, Sad Truth About Student Loans


America’s dystopian future is now, and it’s manifesting itself in the form of a game show about the crushing weight of our collective student loan debt.

“Paid Off With Michael Torpey” debuted on TruTV this week, billing itself as a fast-paced game show giving three overeducated, underemployed saps the chance to win money toward their student loans.

Actor Michael Torpey hosts the show, which he co-created with production company Cowboy Bear Ninja. In a series of trivia rounds, low-scoring contestants are eliminated. The one left standing is challenged to a lightning round to win cash toward a percentage of their student loan debt.

“Paid Off” is not as fast-paced as it promises, and the canned laughs can be cringeworthy. But we’re only one episode into the show. Have you ever seen the first episode of “Wheel of Fortune”? I didn’t think so.

But while the game show is basic in premise, it underscores the haunting reality of student loan debt.

Better Call Congress

TruTV, the TBS spinoff station known for marathons of “Impractical Jokers” and the first weekend of the NCAA basketball tournament, is not where you typically turn for a hard-hitting look at the student loan debt crisis.

But here we are in 2018, 10 years removed from the crippling financial crisis of 2008, still Twitter-shrugging about the sorry health of Americans’ finances. Our collective student loan debt is up to $1.4 trillion, in case you lost count. And defaults on those loans are rising at a dramatic rate.

Host Torpey sets up the first episode by confessing that booking an underwear commercial helped him pay off his student loans. Then he makes each contestant admit how far in the hole they are. They are all freshly scrubbed twentysomethings with student loan debt as high as $41,000. They each call out the names of their alma maters in a series of sick burns to tuition rates.

It’s awkward on purpose. Executive producer Michael Melamedoff said that it’s easy to ignore financial hardship like student debt as someone else’s problem. But, “these are real people with real names who went to real schools and are carrying real debt,” he said.

As soon as someone gets booted after the first round of trivia, the game leans fully into the gallows humor. Torpey tells the contestant he’ll get $1,000 as a consolation prize, then instructs him to walk over to a red phone in the middle of the audience and call Congress to tell representatives to do something about student loans. It’s not even a particular Congress member. It’s just a call to the body as a whole. “Hello, Congress?” the sweating contestant mews into the phone.

Expecting a second “call” to Congress after the next round? Nah. This time, the exiled contestant is instructed to pass a giant greeting card around the audience. It says “Keep it up!” on the front, and Torpey explains it’s for Sen. Elizabeth Warren, who helped found the Consumer Financial Protection Bureau and does not like student loan debt.

Those vignettes are symbolic, Melamedoff explained, reminders of the show’s overarching call to action.

“The game show is an absurd response and maybe the worst response to this crisis,” he said. “I don’t take it lightly that we’re making a game show about a real crisis.”

Whether you laugh at the jokes or are outraged at the fact that the show even exists, Melamedoff hopes that “Paid Off” encourages viewers to start talking about the ways that student debt has impacted our lives.

“We want to allow people to laugh against the grain of a very sobering message,” Melamedoff said.

‘Paid Off’: Where the Consolation Prizes Are Still Prizes

Even after the first episode’s top winner walks off with $24,000 toward her loans, host Torpey provides a depressing fact of the week (hint: it’s about student loan debt) and challenges an audience member to a bonus set of trivia questions for the chance to win some cash. The audience member takes home $1,000.

A grand may not seem like much of a dent in some student loan tabs, but Melamedoff is proud that every one of the show’s 64 first-season contestants has gone home with a cash award. He said that the show gave out close to $500,000 over the season’s 16 episodes.

Before the episode ends, Torpey sends one last plea to the audience at home: “Call your representatives right now, and tell them we need a better solution to student loan debt than this game show.”

It’s Melamedoff’s takeaway behind the scenes, too.

“Whether people love our show or are angry it exists, I hope it motivates people to pick up the phone and call their representatives,” he said.

You used to try out for a game show hoping to win a nice vacation, or at least a rice cooker. Now, like a jaded teenager making a Christmas list, we’re just asking for cash. This is how far down we are, how desperate we are. Please just give us the cash. Compounding interest has made us weary.

Half a million down, $1,399,999,500,000 to go.

Lisa Rowan (@lisatella) is a senior 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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Prime Day vs. Black Friday: When You’ll Really Get the Best Deals on Amazon


Amazon Prime Day may feel like a summertime Black Friday shopping event. But how do the prices compare?

While you (OK, we) were getting distracted by all the weird stuff that gets discounted on Prime Day, you’d better believe that people were using data to get into the weeds for this big event.

Best Black Friday, a website that covers prices and deals leading up to the holiday season, has analyzed Prime Day pricing against Amazon’s Black Friday deals since Prime Day debuted in 2015.

The site found that last year, 76% of Prime Day prices were better than they were on Black Friday. Just under 6% of prices were tied on Black Friday and Prime Day.

This year, the team expects at least 70% of Prime Day prices to be better than Amazon’s 2017 Black Friday prices.

But are those deals worth it? It depends on what’s on your shopping list.

What to Scoop Up — or Skip — on Prime Day

“We have found that Prime Day discounts on Amazon devices are usually cheaper [than], or at least equal to, Black Friday,” Best Black Friday co-owner Eric Jones said. “Which is great news for anyone in the market looking to buy a new Echo Dot or Kindle.”

Better yet, these items will be discounted throughout the event, so you won’t have to wait around for a deal once Prime Day starts.

What about non-Amazon electronics? These products often get a bad rap when they’re heavily discounted on shopping holidays.

“In the end, Prime Day is similar to Black Friday in the fact [that] the absolute cheapest, limited-quantity doorbuster deals on electronics are not going to be the best of the best,” Jones said. “Instead of going for the cheapest possible TV deals, we usually recommend spending $50 to $100 more on the particular size that you are targeting to get a higher quality set that is still available for a great price.”

Jones said that while Amazon has been allowing a few pricing sneak peeks for app shoppers, many Prime Day deals won’t be revealed until a day or two before Prime Day begins.

Jones’ team hasn't noticed a timing pattern that would indicate when Amazon will mark down various shopping categories during Prime Day, he said. He recommends downloading the Amazon app and enabling alerts for when prices drop on items you’re eyeing.

Best Black Friday plans to live-blog the entire 36-hour event.

Lisa Rowan (@lisatella) is a senior writer at The Penny Hoarder covering the retail and grocery industries.

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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Sunday Is National Ice Cream Day. Here’s the Scoop on Where to Get Free Ice Cream


Technically, it’s not National Ice Cream Day — Ronald Reagan declared July 15, 1984, as such in an official presidential proclamation (in which he also called ice cream “a nutritious and wholesome food”: a presidential decree I’m happy to use each time I justify my own indulgence in this sweet treat).

But restaurants and stores love to run promotions for national food days (see: National Donut Day, National Pretzel Day and National Cookie Day), so the third Sunday of July has since been adopted as National Ice Cream Day.

10 Cool Freebies and Deals for National Ice Cream Day 2018

This year, National Ice Cream Day falls on Sunday, July 15, and we’ve got the scoop (get it?) on the best places to get deals and freebies.

1. Baskin-Robbins

Baskin-Robbins is celebrating National Ice Cream Day with the launch of Freak Shakes, which come in three different varieties and are available at participating stores through the end of the month.

And If you download the Baskin-Robbins app on National Ice Cream Day, you’ll receive exclusive coupons, such as BOGO cones, BOGO ice cream sundaes and $2 off a medium milkshake. You’ll also receive a free regular scoop just for downloading the app. And if you order Baskin-Robbins through DoorDash on July 15, you’ll receive a free single scoop with an order of $10 or more.

They’re sweetening the deal on July 31, when all regular and kid-sized scoops will be $1.50 as part of their ongoing Celebrate 31 promotion.

2. Ben & Jerry’s

Ben & Jerry’s already had its own Free Cone Day in April, and so far no plans have been released for Sunday. However, Whole Foods has partnered with both Ben & Jerry’s and Talenti to offer a two-for-$6 deal on both dairy and nondairy pints.

The offer is available for three days starting July 15, and if you’re an Amazon Prime member, then you’ll receive an extra 10% off. If you buy four or more pints, you’ll receive an additional $10 credit to spend on Amazon’s Prime Day (which will be held July 16 and 17).

3. Carvel

Carvel is offering buy-one-get-one cups or cones (soft serve only) on July 15 – some locations even feature different flavors, such as Reese’s, Oreo cookie, and strawberry.

And if you don’t get enough of an ice cream fix on Sunday, then head back to Carvel on Wednesday for BOGO sundaes.

4. Cold Stone Creamery

Join the My Cold Stone rewards program and you’ll qualify for a buy-one-get-one deal for their ice cream “creations”.

Cold Stone is also celebrating its 30th anniversary and its fourth year of Random Acts of Cold Stone – an event in which a team travels around the country to give away free ice cream. Be sure to follow their Facebook page to see where they’re heading next!

5. Dairy Queen

The chain is being hush on any nationwide deals for National Ice Cream Day, as most franchises are independently owned and operated. But some locations have offered National Ice Cream Day promos of their own in the past, so be sure to check if your local Dairy Queen is getting in on the fun.

And if you want a sure deal, sign up for the Blizzard Club and you’ll receive a coupon for BOGO Blizzards within 24 hours, plus five more BOGO coupons throughout the rest of the year.

6. Dippin’ Dots

Visit a participating Dippin’ Dots store or shopping center location on July 15 and get a free mini cup. The offer will only be available during a two-hour window, so be sure to call your nearest location to find out when it will be participating.

Dippin’ Dots is also celebrating its 30th anniversary, so you’ll also have a chance to win some prizes!

7. Monkey Joe’s

This Sunday, the giant inflatable play center is hosting a special customer appreciation event that will include free ice cream, along with prizes and giveaways throughout the day.

8. Sonic

No word yet on whether Sonic Drive-In locations will have a special promotion for National Ice Cream Day, but they are currently running a ½-Price After 8pm deal on shakes, floats and ice cream slushes. So if you find yourself still yearning for more after a day of freebie grabbing, you can always finish up here.

9. Yogurtland

This year is Yogurtland’s first National Ice Cream Day celebration, and they’re offering a BOGO deal on five of their homemade ice cream flavors, including rich chocolate, creamy vanilla, chocolate malt ball with Whoppers, butter pecan light ice cream and Oreo cookies and cream.

The offer is available at all U.S. locations on July 15 from 1 p.m. to 6 p.m.

10. Your Pie

While its name might not mention it, Your Pie also serves gelato and will give away free scoops on Sunday with no strings attached. Look for locations across 20 states in the U.S.

Bonus: PetSmart PetsHotel

Don’t forget your four-legged friends! PetSmart PetsHotel locations across the country will be offering free four-ounce servings of pup-safe ice cream all weekend long.

And if you live in New York City, Washington D.C. or San Diego, then plan to bring your doggos to the dog park to hunt for the Wag! ice cream cart dishing out free dog-friendly treats!

Kelly Gurnett is a freelance blogger, writer and editor who runs the blog Cordelia Calls It Quits, where she documents her attempts to rid her life of the things that don’t matter and focus more on the things that do. Follow her on Twitter @CordeliaCallsIt.

Jessica Gray is an editorial assistant at The Penny Hoarder. She updated this post for National Ice Cream Day 2018.

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 Write Marketing Emails That Don’t Get Marked as Spam

Email marketing needs to be a priority for all businesses in 2018.

It doesn’t matter what type of company you have or what industry you’re in. In fact, 89% of marketers named email as their primary method of lead generation.

If you are putting more effort into your email marketing strategy, you’ve got the right mindset.

That said, just because you’re sending lots of promotional emails doesn’t necessarily mean they are effective.

Some of your emails might be getting marked as spam.

You spent time carefully writing your content, but you didn’t get the results you had expected. Why did that happen?

As you’ll soon learn, there are several different reasons why your emails are getting marked as spam. That was my inspiration for writing this guide.

I want to help you identify what’s putting your messages in the spam folder.

Even if you’re not currently getting your content marked as spam, you can still benefit from this guide. Understanding these email principles and best practices for writing marketing content will help you avoid these mistakes in the future.

In a perfect world, your emails should go straight to the recipient’s inbox, get opened, and generate click-throughs.

But you can’t get conversions if your content is being marked as spam. Keep my recommendations in mind, and use this guide as a reference moving forward.

Understand how consumers define spam

Spam used to be pretty easy to identify.

You’d get a message saying you won a contest you didn’t enter. The subject line would have a bunch of stars and other sketchy characters.

The message would come from an unknown sender.

In your lifetime, you probably even got some spam messages with subjects featuring NSFW content. I don’t think I need to provide an example of this since I’m sure you have an idea of what I’m referring to.

Years ago, spam would even contain malicious content, e.g., attachments containing viruses or phishing scams.

But email software has improved over time, and these messages tend to go straight to the spam folder.

However, now legitimate brands are getting emails marked as spam because the consumer definition of it has changed:

define spam

As you can see, consumers report messages as spam even if they know the sender. They’ll even flag spam from senders who have their permission to send them emails.

This is a big game changer.

Someone could willingly sign up to receive emails from your brand and still send your content to the spam folder.

Studies show 57% of people say getting too many emails from a sender or receiving irrelevant messages causes them to mark the content as spam.

What does this mean for you as a marketer?

It means that your promotional messages are susceptible to getting marked as spam. Being a reputable brand and sending messages only to your subscribers doesn’t make you immune to this.

Don’t buy subscribers

As I just said, even recipients who subscribed to receive emails from a brand are still marking messages as spam.

If you’re buying email lists and sending content to people who never signed up to receive them, there is even a greater chance you’ll be heading for the spam folder.

Furthermore, you’re putting yourself at risk of violating the CAN-SPAM Act, which is enforced by the Federal Trade Commission.

Overall, sending unsolicited emails is just a losing strategy. In addition to the legal repercussions, it’s terrible for your brand reputation.

An average person who works in an office receives 121 emails each day. They won’t waste time checking unwanted messages.

Put yourself in their shoes for a minute. If you get a promotional message from a brand you never heard of and never signed up for, are you going to buy something from them? Probably not.

You can’t expect to see results from other people who receive these unwanted messages.

Instead, you should be focusing on how to grow your email list by getting new subscribers. Include signup forms on your website.

Research shows that the most common placement for email opt-in forms is in the footer of each page.

footer

Give this strategy a try, and watch your email list grow.

Now, you’ll be sending promotional content to people who actually want to hear from you as opposed to random email addresses you purchased.

Check spam risk before you hit send

Most email software for marketers has a built-in feature that checks for spam.

It scans your message and determines how likely it is to get sent to the spam folder.

To avoid a high spam risk, make sure you limit the use of promotional words such as:

  • free
  • buy
  • promo

Don’t get me wrong, you can include these words in your message, but use them sparingly.

Avoid special characters and writing in all capital letters. Don’t make obscure choices, e.g., adding spaces between letters, like F R E E.

Make sure the size of your email isn’t too big either.

If you’ve got links, be sure they from reputable websites with a high domain authority.

Your messages shouldn’t be too text-heavy or image-heavy. Balance text and images.

Don’t include too many colors or text written in colors difficult to read.

Here’s an example of what the spam check feature looks like on the Constant Contact platform:

constant contact

It may look a bit different on a different platform, but you’ll still be able to accomplish the same thing.

If your spam checker says you’re at a high risk of being marked as spam, you need to make some changes before you hit send.

Limit your sending frequency

As a business owner, you think about your brand 24 hours a day. I can relate to this.

You’re always coming up with new ideas to promote your company.

But your customers and email subscribers aren’t always thinking about you the same way you think about them. That’s just a reality. Can you blame them?

They have more important things on their minds, and they don’t want to hear from you that often.

Distributing promotional emails on a daily basis is not going to help your cause. You need to be selective when you send a new message.

When it comes to receiving emails, consumers report that sending emails too often is the number one most annoying action taken by marketers:

annoying

I’d recommend limiting these messages to once a week at the most.

You can even change the sending frequency based on what the subscriber prefers.

When a new customer signs up to receive your content, ask them how often they want to hear from you. You can segment this list by people who want weekly messages or just a monthly newsletter.

Giving your subscribers exactly what they’re asking for reduces your chances of getting marked as spam.

Use a clearly labeled “from” field address

Make it clear whom the email is from.

Some of you may have multiple email addresses within your domain, depending on the size of your company.

For example, if someone submits a complaint or request for help on your website, they may get a reply from a support@yourdomain.com.

But if they’re trying to make a purchase or return an item, email inquiries might be made through sales@yourdomain.com.

Don’t change the sender field too often. Try to stick with the one that works best for your promotional messages.

Avoid odd choices, such as donotreply@yourdomain.com or 372as2y9@yourdomain.com.

Make sure you create a solid reputation for these sender fields. It will build trust with your subscribers and even increase the chances that they will add the address to their contacts lists.

If they are used to receiving your marketing emails from the same sender address and one day it comes from a different one, they may think it’s spam.

Even if that message is coming from your company, it’s confusing to your subscribers.

Don’t try to trick the recipient

I see people make this mistake all the time.

In an attempt to increase email open rates, they try to be sneaky and trick their subscribers into clicking the message.

That’s a big mistake. Tricking your customers can damage your brand.

In addition to marking your message as spam, the recipient might ultimately unsubscribe from your email list. More than half of consumers say they have felt cheated or tricked into opening a promotional email:

deceptive

I’ll share with you some strategies that are perceived as deceptive by recipients.

Do not start your subject line with “Fwd:” or “Re:” to try to get more opens. This type of text implies you’ve already had a previous communication with the subscriber.

Discovering this was not the case will put a bad taste in their mouths.

Don’t send a message telling people they’ve won a prize if they haven’t actually won anything. Again, this is a fast way to disappoint the recipient and get your content marked as spam.

I’ve also seen some marketers conceal spam content by creating an image with text written on it.

You might fool spam filters, but you won’t fool the person who opens the email. They’ll still send you to the spam folder.

Stay relevant

You need to focus on the content of your messages.

Ask yourself these questions before you hit send: Why are you sending this email? Is this message adding value to the subscriber?

If you don’t have a clear answer to these, you should probably re-evaluate the message.

Don’t send content just to say hello or provide a friendly reminder that your company exists. Your subscribers don’t care about this.

Here’s a look at the top reasons why emails get reported as spam:

reasons consumers mark spam

Take a look at the top reason.

Earlier I talked about how the frequency of your emails can cause you to get marked as spam. Well, there is a second part to this principle.

Your content needs to be relevant.

Even if you’re sending emails only weekly or bi-monthly, you can still get sent to the spam folder if the subscribers think the message is irrelevant.

For example, let’s say you run an ecommerce website selling home furniture. A marketing email updating your subscribers about the weather doesn’t add value to their lives. It also has nothing to do with your brand.

Make an effort to always stay on brand.

If it’s been a while since you’ve communicated with your subscribers and you feel like it’s time to send a new email, you probably can’t go wrong by sending out a discount or promotional code.

Run a flash sale, or send an exclusive personalized offer.

These types of messages are likely to get opened and lead to conversions.

Master your subject lines

A successful email marketing campaign starts with the subject line.

You could have the best promotional message in the world, but nobody will see it if they don’t open the message.

It’s in your best interest to keep your subject line as short as possible. Research shows that email subjects between 1 and 20 characters yield the highest open rates, regardless of what type of email you’re sending.

This is partially due to the fact that 55% of emails are opened on mobile devices.

If your subject line is too long, it will get cut off when it’s viewed on a cell phone. If the subscriber can’t read the full subject, it decreases the chances they’ll open the message.

Let’s put open rates aside for a minute and get back to the topic of discussion: spam.

Research shows that nearly 70% of emails get flagged as spam just based on the subject line:

subject line

Learning how to write email subject lines will help reduce your chances of getting marked as spam.

I recommend personalizing your subject lines. Personal subjects have higher open rates and click-through rates. They also tend to increase website traffic and drive sales.

Use your subject line to create a sense of urgency. Provide an offer that won’t last forever, and make sure it’s properly conveyed in the subject.

Tell a story. Provide breaking news. Stimulate curiosity.

These are all great types of subject lines that will entice your subscribers to open your messages instead of reporting them as spam.

Conclusion

It’s great you’re focusing on your email marketing campaigns. But if your content is getting marked as spam, it’s obviously not an effective strategy.

Times have changed. Even reputable brands who have permission from recipients to send emails are getting flagged as spam.

The key is being able to identify why emails get sent to the spam folder and how you can avoid this from happening to you.

Never buy subscribers or send unsolicited emails. Instead, use your website as a tool for growing your email list.

Use tools to help check your content for spam before you hit send.

Don’t send marketing emails too often. Clearly label the sender field, and don’t change this address.

Do not deceive your subscribers by tricking them into opening a message. Always make sure the content of your emails is relevant.

Learn how to write subject lines that lead to opens and clicks as opposed to the spam folder.

Following these tips will help you avoid getting marked as spam. Ultimately, this will lead to higher conversions for your business.

How is your brand writing promotional emails without getting marked as spam?



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The More List and the Less List

A long time reader named Janice recently suggested an exercise to me that I tried out at the beginning of the month and have found to be really insightful and useful. I’m not sure where Janice came across this tactic originally, but here it is, in her words.

Sit down with two sheets of paper. Write “do more” at the top of one sheet and “do less” at the top of another sheet. On the “do more” sheet, list things you want to be doing more of in your life. It can be fun stuff or self improvement stuff – whatever. This list will probably be easy. On the “do less” sheet, do the opposite and list things you want to be doing less of in your life. This one is harder and it is sometimes filled with things that you can’t really change, but try to think of things. Try to list ten things at least on each list. Then go back through them and mark two or three on each list that really resonate with you that seem to be in the realm of things that are possible. Your goal for the next few months should be to do more of the highlighted things on the “do more” list and do less of the highlighted things on the “do less” list. Your life will feel way better! I do this every three months on the first of each quarter and those 5 or so things are the focus of that quarter.

I received this note from Janice in June and decided to give this a try for myself at the start of July, as it is the start of the third quarter of the year, and see how it went. I actually made my list at the end of June so I would know what I wanted to work on right at the start, and I was intending to lean more on things I wanted to do “less” of than things I wanted to do “more” of.

So, I made those big lists. I came up with about fifteen things on my first “do more” list (which was way easier, as Janice predicted) and about ten things on my first “do less” list (which took about three times as long to come up with as the longer “do more” list).

Here were five of the items on my “do more” list:
– Spend more time meditating and doing spiritual/religious study and reflection
– Read more challenging books
– Spend more one-on-one time with my wife, which is tricky to do with three kids
– Make more meals for the freezer to stock up for fall because we’re running pretty low
– Exercise more, particularly with a focus on improving my kicking height (for taekwondo), core strength, and balance

… and here were five of the items on my “do less” list:
– Spend less time using my phone
– Buy fewer Kindle books
– Spend less time playing Fortnite (and find other non-electronic ways to spend time with my children)
– Eat less unhealthy food (and fewer calories in general)
– Spend less time web browsing without real purpose

Once I had those lists, I went through and marked three or four on each list that really resonated with me. I just read through each list a few times, went on a walk while thinking about them, and when I came back, it was pretty obvious which ones I should mark.

I then took those seven things I had marked and tried to create three SMARTER goals for the next three months that incorporated as many of those things as possible.

So, a quick refresher on SMARTER goals. SMARTER is an acronym to describe goals that live up to the following standards.

“S” means specific. A specific goal is one that establishes exactly what actions you are going to take to make this successful. What is it you want to accomplish? What exactly are you going to do to make it happen?

“M” means measurable. A measurable goal is one where you can tell very clearly whether you’ve achieved success or not. For example, “I’m going to get fit” is not measurable at all, while, on the other hand, “I’m going to run a 5K in 20 minutes” is very measurable. It is extremely clear whether or not you can run a 5K in 20 minutes or not.

“A” means attainable. Is this something you can really do? The best way to ensure attainability is to take on something that is mostly under your control and is a natural outcome of your effort but is something that will really challenge you to make it happen. Don’t make a goal reliant on the choices and actions of others.

“R” means relevant. Does this goal, when you achieve it, bring about specific things you want in your life? Is this a worthwhile goal? Is it in line with what you want in your broader life?

“T” means time-specific. This just means you’re committing to completing it within a certain timeframe. By simply adding a timeframe to a goal, you make it time specific.

“E” means evaluate. This means you step back regularly and consider how your progress toward your goal is going and whether or not you need to alter your plans. A good goal has a regular evaluation as a part of it.

“R” means review. If your evaluation isn’t good, what can you change about your goal and your plan to get there to make it better? That’s what review is all about.

I wanted to define three goals for the next three months that incorporated as much of the really meaningful “more” and really meaningful “less” items that I could, and so here’s what I came up with.

I’m leaving my smartphone on my bedside table most days unless I need it for a specific errand outside the house. This nails a lot of my “less” list all in one swoop. If I need to check for messages or something like that when I’m not working, I go upstairs to check them and then leave the phone on the bedside table. My phone only goes in my pocket if I’m leaving the house, and when I’m out and about, unless I need the phone for a specific purpose, I leave it in the vehicle when I’m doing whatever it is that I need to be doing.

I’m adopting a morning routine of meditation/prayer and exercise. I’m doing a 20 minute exercise routine each day (or trying to, anyway) that focuses on stretching, core strength, and flexibility above all else. I’m also committing to a 15 minute morning meditation and a 10 minute meditation in the evening.

I adopted a “summer” reading list of 20 challenging books I already have on hand and have set aside an hour a day for reading these hard books. This is all about both reading more challenging things and avoiding the urge to buy books on the Kindle because my upcoming reading list is set in stone and already on hand.

Where is the time coming from for the exercise, meditation, and reading? It’s coming from the time I’m not spending in front of screens. By simply not having my phone around everywhere, I’ve found that I have a lot more time in my life than I thought I did. I’ve been moving back to relying on my pocket notebook more and more, whereas I have been using my smartphone directly for many of the things I used to jot down in my notebook. I’ve also found that I’m much more present in the moment all of the time, due to (I think) a mix of the lack of smartphone use and the increase in mindful meditation.

It’s probably obvious by now how one could use this strategy to come up with really great personal goals, but how does it tie to improving one’s finances? It’s simple. As long as at least one of your “more” or “less” items is about financial improvement in some fashion (such as spending less or more frugal projects or more professional development time), you can define a goal for yourself that incorporates that element into your life.

For example, for me, one of the goals was to buy fewer Kindle books, as I feel like I’ve been spending too much of my hobby budget on things to read on the Kindle lately. I found a goal that incorporated that desire directly – developing a reading list of books I already have and setting aside time to actually read them – and another goal that incorporated that desire indirectly – spending less time on my phone, where I would sometimes buy Kindle books serendipitously.

Although I didn’t have a goal of directly reducing my buying of Kindle books, I’ve found that my Kindle book buying has taken a tremendous nosedive. I’ve spent less than 10% on Kindle books through the first third of July as I spent in the first third of June. Why? I’m focused on what I already have to read rather than stumbling on new things to read, and the tool I often used to buy books spontaneously now mostly resides in another room rather than constantly in my pocket.

Try this for yourself. Make up a “more” list and a “less” list, figure out a few on each list that really resonate with you, and define three goals for yourself over the next three months that scoop in as many of those resonating items as possible. Try to include as much “less” as possible in those goals so that you have enough room in your life for the “more” elements. Then, stick to those goals. You’ll find that they naturally have meaning and you naturally want to achieve them.

Good luck!

The post The More List and the Less List appeared first on The Simple Dollar.



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Here’s How My 2-Day, $23-a-Day Rental Car Ended Up Costing Nearly $250

I Filed Bankruptcy. I Moved in With Mom. I Drive for Uber. It’s Not Enough


Damsel in Distress,

Filing bankruptcy is a pretty brave move. It’s a huge opportunity to, as you said, reorganize your finances and give them a second chance.

But not enough people talk about the emotions involved: fear, shame and guilt are commonly part of this long process. And when it’s all over, you’re left grappling with those emotions as you try to rebuild your credit and work toward a healthier financial future.

I’m sure recovering from bankruptcy at the same time you’re experiencing underemployment doubles the amount of stress you’re feeling.

Ride-share driving is a reliable source of income for many, but it’s not as easy as turning on an app and raking in cash. The Rideshare Guy blog surveyed 863 Uber drivers last year and found that 32% of them make between $10 and $15 per hour before expenses. Another 25% said they make $15 to $20 per hour.

But those expenses can take a big chunk out of your earnings: Gas is sort of nonnegotiable if you’re driving, and ignored maintenance can leave you — and your passengers — in the lurch. Make sure you’re keeping receipts for your car expenses, tolls and mileage. It won’t help you weather the day-to-day expenses, but it will help you make the most of deductions when you file your annual tax return.

In the meantime, you might consider using an online tool to compare car insurance options to make sure you’re not overpaying. If your phone bill seems high, a bill negotiation service can ask for a discount for you — a huge help if you just don’t have the energy to talk to customer service.

Beyond individual bills, financial counseling may be able to help you get on a stronger footing. The Financial Clinic works with local organizations in 10 states to offer financial counseling to people who may not be eligible for public assistance but are still struggling to make ends meet.

You may also be able to contact the credit counseling service you used during your pre-bankruptcy process. If it doesn’t provide other financial counseling options, it may be able to refer you to a service that can.

If you get stuck as you seek resources, call the United Way. The organization runs the 211 resource hotline and website for people looking for assistance for all kinds of challenges. The programs vary by location. For instance, in Tampa Bay area of Florida, where The Penny Hoarder is located, there’s an adult emergency financial assistance program that offers temporary help to people struggling to pay their bills.  

As I mentioned, it takes energy to work toward financial recovery. Be kind to yourself, and remember that you can’t fix your finances or job outlook overnight. Don’t forget to celebrate small wins, like negotiating a bill or getting a job interview, as you focus on your larger goals.

The inbox is open. Submit a question or send your worries to dearpenny@thepennyhoarder.com, and I’ll see what I can do to help.

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 general informational purposes only. I do, however, promise to give you honest advice based on my own insights and real-life experiences.

Lisa Rowan is a senior 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 can my insurer withdraw cover just because I've been burgled?

Insurance policy

My wife and I have been burgled twice in 18 months, once with a claim of £4,000 and a second time when the crooks were more successful, resulting in a stolen car and a £41,000 claim on our contents insurance.

We have been with Hiscox the whole time and its initial customer service was amazing. But that has all been soured by a letter we received saying that it will no longer insure us. As a result, we were given 21 days from our old policy ending to find something new and, lo and behold, no one will touch us.

How on earth can this be? Hiscox didn’t even offer us a ridiculous deal with a high premium and a high excess.

What annoys me more is that a week or so before the letter, it called us to ask what home security we had in place. My reply was that we had installed an alarm and CCTV worth £3,000 and spent £10,000 on a security gate. But there was no mention of it not renewing the insurance and at no stage had anyone told us that if we claim we run the risk of not being insured. As a result, I am now spending time trying to get a provider to insure us and having no joy at all. How are companies able to do this?

SE/Cobham

It’s a shocking situation to find yourself in, but I’m afraid I have heard plenty of stories of insurers deciding to stop offering cover if they don’t think they can make a profit out of people. To my mind, it’s the same as a bookie refusing to accept a bet from someone who’s had a few winners, as insurance is essentially a gamble between yourself and a company about whether you are likely to be burgled.

The good news is that after my intervention, Hiscox had second thoughts. It hadn’t seemed to take account of the extra security you’d invested in, but once I’d brought this to its attention, it relented. The company told me: “Having reviewed all the details and taking into account some additional security measures that SE has recently informed us of, we are able to offer him a renewal of his policy, subject to some new terms and conditions.”

If you’re struggling to get cover, speak to a broker, as they can find providers not listed on comparison websites. Use the British Insurance Brokers’ Association free online tool to find a local broker: Biba.org.uk/find-insurance. 

OUTCOME: Hiscox agrees to renew insurance cover

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