Thousands of courses for $10 728x90

الخميس، 23 يناير 2020

Developer wants to build apartments at old WSBG radio building

Another potential large apartment building project is being considered for downtown Stroudsburg on the site of the former WSBG radio station on S. Sixth Street, a block off Main Street.John Iacono, one of the principals involved in the project, was reluctant to discuss details on Thursday.“I don’t want it public just yet,” Iacono said. “Plans are being drawn up.” He said the project involves bringing more apartments to the borough. Iacono, [...]

Source Business - poconorecord.com https://ift.tt/3aFdzhO

5 Content and SEO Trends that Will Dominate in 2020

How confident are you in your brand’s SEO and content?

Technology pushes content marketing to change year after year. What was relevant for most of 2019 may only be a footnote in 2020.

Do you want your website to get buried under others that continue to keep up with new content and SEO trends?

Since never is probably your answer to that question, now is the perfect time to rethink and reevaluate the way you do content and SEO. Find out what will define your 2020 marketing strategy and learn what it takes to be ahead of the pack.

Read on to learn about the major content practices and SEO trends on the horizon.

1. Optimizing Content for Voice Search

Instead of typing keywords into a search box, it’s becoming more convenient to talk to your smart device.

When Google’s voice search feature launched in 2002, it started a whole new revolution. We feel the effects of this monumental shift in technology to this day.

The influence of voice search continues to grow. In 2017, 13% of households in the U.S. had smart speakers. According to data from OC&C Strategy Consultants, that percentage is expected to balloon to 55% by 2022.

More smart speakers in more homes naturally lead to more voice search usage. Having smart speakers also encourages people to use voice assistants on devices like smartphones. Here’s data to back this claim: Voicebot.ai states that 39.8% of smartphone voice assistant users also own smart speakers.

voicebot ai smartphone voice assistant use frequency infographic

Juniper Research, a U.K.-based firm, predicts 8 billion voice assistants will be active around the world by 2023, tripling the 2018 statistic of 2.5 billion.

How does all of this translate to an SEO trend? Put simply, optimizing for voice search is a must for content marketers in 2020. Here are some actionable insights to consider:

  • Optimize content to target SERP features. Findings from a SEMrush study show that 70% of answers returned from voice searching came from a SERP feature, with 60% occupying a Featured Snippet.
  • Focus on phrase keywords using natural language. This includes question-and-answer and long-tail options. Don’t use keyword combinations that sound weird when spoken out loud.
  • Keep it simple. The ideal Google voice search result should be completely understood by 9th graders, says Backlinko. Verbal responses need to be easily digestible and should not need repetition. Tailor your content to reflect this.

2. Using More Long-Tail Keywords in More Targeted Content

Brands with strategic blog content churn out 67% more leads than those that don’t publish content at all, according to Hubspot. During their respective buying journeys, 71% of B2B buyers will read blog content.

Is any blog content better than no blog content? Maybe so, but there’s no reason to settle for mediocrity. As you will soon find out, lackluster content won’t be able to compete with output from smart and savvy digital marketers in 2020.

Did you know that 70% of all online searches use long-tail keywords? With long-tail keywords in your blogging strategy, you’re already looking at less competition in your playing field.

moz experian search demand curve infographic

More importantly, focusing on long-tail keywords is compatible with optimizing for voice search. When you start with “Hey, Siri” or “OK, Google” the next words aren’t likely to be disjointed keywords. They’re going to be conversational phrases or questions.

In 2020, highlight long-tail keywords through intentional formatting. SEO trends may change, but some practices remain evergreen.

Careful and streamlined use of keywords tells Google that your content is important. Use the formatting tricks exemplified in this blog – bullet points, bold text, and short paragraphs – to your advantage.

Long-tail keywords speak to user intent and help reach people that are looking for content that’s relevant. When you provide great search results, you’re more likely to please conversion-ready leads.

3. Meeting Google’s E-A-T Standards with Exceptional Niche Content

We touched on strategic content through long-tail keyword use above. However, creating killer content is an evolving SEO trend in itself.

The latest evolution in content crafting due to Google’s “Medic” update, which implemented changes in the search engine’s core algorithms. What’s happened since then?

Content creators and marketers: These days, you are what you E-A-T. Google prioritizes content displaying Expertise, Authoritativeness, and Trustworthiness.

EAT algorithm explainer

It is imperative to bake the E-A-T perspective into your content marketing. 97% of all online searches are done using a Google property, according to Jumpshot/Sparktoro.

These days, good content is not enough. What you create needs to be amazing and competitive.

Veteran digital marketers are used to adapting to technology and platform changes. The big fish are already deep in E-A-T territory and they are raising the bar each day. You will need to play work harder and smarter to stay in the game with major players.

How do you aim for top Google SERP rankings in 2020? Make sure you do the following:

  • Prove and display your expertise. Google’s Search Quality Evaluator Guidelines state that E-A-T evaluation is for content as well as creators. Context and information about digital authors are now essential. You can show these in profiles and boxes following the main content of a page.
  • Run a valuable, information-rich and Google-friendly site. In their Webmaster Guidelines, Google emphasizes the idea of creating original and user-centric pages. No tricks or deceptions to climb SERP ranks quickly. The algorithm rewards truly helpful, authoritative content.
  • Publish high-quality content on a stable schedule. If you don’t stick to a routine to handle site content updates, you run the risk of lowering your search visibility. Without posting new articles or modifying older pages, your content quality may also suffer.

At Express Writers, we maintain top rankings in Google because we commit to creating quality content delivered on a consistent timetable.

For 8 solid years, we published one blog per week without fail. No excuses, no exceptions. Today Express Writers ranks in Google for more than 23,000 keywords.  99% of our prospective leads find us through organic search.

organc research stats

In 2020, content marketing – and by extension, great content – will continue to grow and change along with the times. The real strategy is to adapt and learn as fast as possible, even if the current lesson is that slow and steady wins the race.

More than a decade ago, information age entrepreneur Seth Godin famously said that “content marketing is the only marketing left.” The quote rings true to this day.

4. Shining a Spotlight on SEO-Ready Imagery for Rich Content

Another content trend to watch out for is SEO-readiness and relevance in non-text content.

Say goodbye to vague visuals and random stock photos. If images don’t add real value or more information to a page, they’re no longer useful and shouldn’t be there.

The opposite extreme is unusable, as well. Anything too flashy, too weighty or too distracting should be replaced with something sleeker and more elegant.

What does it take to be ready for the image SEO trend? Get started on publishing rich content by following the tips below:

  • Create original imagery. Unique images like infographics and simple explainers often have a direct connection to your text content. If they’re done right, they’re likely to be shared more, even by themselves.
  • Name and tag images using relevant focus keywords. Use logic and common sense when creating filenames and alt tags. Your image descriptions must relate to the text content the imagery is supporting, without including words that aren’t pertinent.
  • Reduce file sizes so pages load faster. Bounce rates increase with slower page load times, according to Think with Google. Use an image compression tool or plugin to keep your site speedy and efficient.
  • Work with an appropriate file format. Not everything needs to be a JPEG. Sometimes it’s better to use a PNG, GIF or another format to optimize quality, handle transparent elements, bring down file size, or add simple animations.

This all goes back to Google’s focal point in their Webmaster Guidelines: to create helpful and original content. In 2020, images on a page should engage users and facilitate a deeper understanding of the topic at hand.

5. Including Interactive Content

Talking about better imagery leads us to the final SEO trend to integrate into your digital strategy for 2020: interactive content.

According to Ion Interactive, 88% of marketers claim that interactive content is an effective way to differentiate their brands from competitors. On the other side, 91% of B2B buyers claim a preference for visual and interactive content over static counterparts.

What can be considered interactive content?

Anything that prompts a user to take action counts: assessments, games, quizzes, calculators, and contents are prime examples. It is also possible to create interactive versions of ebooks, infographics, lookbooks and white papers.

Interactive content doesn’t need to be complicated or complex. Here’s a simple but effective example: A PBS quiz that measures how many of the 100 most-loved books of America you’ve read.

pbs the great american read

PBS provides great value to its readers in creating multiple ways to interact with essentially the same data. There is a link to the contents of the quiz in checklist form for people interested in improving their quiz scores by working their way to completing the book list.

Less conspicuous is the “Read the 100 List” link on the top menu. That leads you to a page where you can manipulate the 100 list – shown in a tiled format using the book covers – through filtering by genre or sorting alphabetically by title or author.

In contrast, check out this 2017 tax bill calculator from the New York Times. It works by having users input certain information – like gross income and household members – and animating the descriptive visual accordingly.

tax bill calculator

This interactive graphic example is colorful, easy to understand, and very timely when it was initially published.

The calculator augments an otherwise brief feature on the Republican Tax Bill passed in December 2017. It turned a short news piece into a way for people to connect with current events on a personal level.

In 2020, smart marketers will turn to fresher and more innovative ways to engage their audiences. The point here is not to make content futuristic, edgy or complex. Like all content, it should benefit the user.

Simple interactive content is often easier and more affordable to create than high-quality video or interactive video content. A step up from relevant imagery, interactive content is definitely an SEO trend to lean into moving forward.

Wrapping up: Focusing on User Benefit in All 5 Content and SEO Trends for 2020

Now for the bonus round: There’s a trend within all the upcoming trends discussed above. Did you notice it?

To recap, here are the five content and SEO trends that will shape your digital strategy in the year to come:

  • Optimizing content for voice search,
  • Using more long-tail keywords in more targeted content,
  • Meeting Google’s E-A-T standards with exceptional niche content,
  • Shining a spotlight on SEO-ready imagery for rich content, and
  • Including interactive content.

Each one is a tactic that can be used to add value and relevance to your content and search results. The bottom line: They make it that much easier for you to create content that your users will love reading.

In 2020, you must think about how your carefully cultivated expertise can benefit users. Your brand and your SERP performance should be a distant second and third on your priority list.

This is a golden age for content! The best approach for 2020 and beyond is to revel in sharing the knowledge that you have. What makes your content valuable is not how it performs. Rather, the value is in how it helps the audience that you’re creating it for.

Approaching content marketing in this way can yield incredible results for small and large enterprises alike.

So, with 2020 just around the bend, it’s time to strategize and craft content in the old and reliable way – not for search engines, but actual people.


About the Author:

Julia McCoy

Julia McCoy is an entrepreneur, author, and content marketing educator.

She leads operations at her content agency, Express Writers, and recently launched her personal brand, Content Hacker.

Find her on Twitter.



Source Quick Sprout https://ift.tt/2RjXiHE

11 Best Bank Promotions of January 2020 (Get up to $475 Cash)

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

So, you’re looking for a new bank account.

You’ve got several factors to consider — including bank promotions. Wouldn’t it be nice to fund your shiny new account with some extra cash?

Many banks offer sign-up bonuses. No, these bonuses aren’t always advertised, but we did some digging and found you some hefty cash offers.

11 Best Bank Promotions of January 2020

We’ve spent days researching the best bank promotions available this month so you don’t have to. Below, you’ll find our favorite checking and savings account bonuses.

Keep an eye on what it takes to qualify, as well as any limitations. Direct deposit and minimum balances are commonly factors in securing these bonuses. Otherwise, happy bank bonus shopping!

1. Chase Total Checking and Savings Account: Up to $350

Bonus: Up to $350

To qualify: You can qualify for either $200, $150 or a combined $350 bonus.

  • Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit.
  • Get a $150 bonus when you open a new Chase Savings account, deposit a total of $10,000 or more within 20 days, and maintain a $10,000 balance for 90 days.
  • Get a $350 total bonus when you open both. You aren’t required to open both, however.

Limitations: You must be a new Chase customer.

Sign up: Visit this Chase Total Checking page to apply online, or enter your email address to get a unique coupon to take with you to open your account at any Chase branch while the offer is valid.

Offer expires April 20, 2020.

2. TD Bank Beyond Account: $300

Bonus: $300

To qualify: You must receive a total of $2,500 or more via direct deposit within 60 days of opening your new account. Then, the $300 bonus will be deposited into your account within 95 days of opening.

Limitations: This account is not available in every state, so be sure to check. Additionally, there’s no minimum to open an account, but you must maintain a minimum daily balance of $2,500 to avoid the $25 monthly maintenance fee.

Sign up: Visit this TD Checking page, and enter your city and state. Click the orange “open account” button, and follow the instructions to open a TD Beyond Checking account.

No offer expiration.

3. TD Bank Convenience Checking Account: $150

Bonus: $150

To qualify: You must receive direct deposits totaling $500 or more into your new account within 60 days of opening. The $150 bonus will be deposited into your account within 95 days of opening.

Limitations: This account is not available in every state, so be sure to check. There’s no minimum balance requirement to open an account, but you should maintain a $100 daily minimum daily balance to avoid the $15 monthly maintenance fee.

Sign up: Visit this TD Checking page, and enter your city and state. Tab over to the correct account, click the orange “open account” button, and follow the instructions to open a TD Convenience Checking account.

No offer expiration.

4. Fifth Third Bank Checking Account: $250

Bonus: $250

To qualify: Enter your email address for a valid coupon to present upon account opening. Your account must reach a balance of $500 within 45 days of opening; the minimum balance must then remain at least at $500 for 60 consecutive days to earn the bonus, which will be deposited into your account within 10 business days of meeting requirements.

Limitations: To get the bonus, you must open the account at a physical location, which limits you to Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Missouri, North Carolina, Ohio, Pennsylvania, Tennessee and West Virginia.

Sign up: Visit this offer page to enter your email address and receive your coupon. Then go to your nearest branch location to open the account.

Offer expires April 30, 2020.

5. Wells Fargo Everyday Checking Account: $400

The outside of Wells Fargo in downtown St. Petersburg, Fla.

Bonus: $400

To qualify: After opening your new account, you must make a minimum deposit of $25. Then you need to set up direct deposit and receive at least $4,000 in your account via direct deposit within 90 days of opening.

Limitations: The offer is available in Dallas, Denver, Houston, Miami, Orlando, Phoenix, Seattle and Washington, D.C. The offer is only valid when you open an account online. If you don’t qualify for the Everyday Checking account but you do qualify for the Opportunity Checking, you can apply this bonus to that account.

Sign up: Open your Wells Fargo Everyday Checking Account here. Your bonus will deposit into your account within 30 calendar days of meeting the requirements.

Offer expires July 31, 2020.

6. SunTrust Essential Checking Account: $200

Bonus: $200

To qualify: Open a new account online. Within the first three months of opening the account, receive at least $500 in direct deposits per statement cycle for two consecutive cycles (for a total of $1,000 in either months one and two or months two and three). You must use the promo code Q120ESSENTIAL when opening the account.

Limitations: You must be a new checking client with SunTrust and live in Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia or Washington, D.C.

Sign up: Apply online through the orange “open now” link on this page, using the promo code provided above. Or enter your email address, and SunTrust bank will send you a coupon you can take to your local branch.

Offer expires March 31, 2020.

7. HSBC Premier Checking Account: $475

Bonus: $475

To qualify: You will need to open your HSBC Premier account online and arrange for recurring direct deposits from a third party, totaling at least $5,000 for three consecutive calendar months starting the second full calendar month after opening.

Limitations: The offer is only available for online applicants. Existing HSBC customers aren’t eligible.

Sign up: Use this promotional link and click “apply now” on the Premier Checking account offer. Your Welcome Deposit of $475 will appear in your account approximately eight weeks after you have met all qualifying activities.

Offer expires March 1, 2020.

8. Capital One 360 Performance Savings and 360 Checking: Up to $125

Bonus: Up to $125

To qualify: You can qualify for $25 or $100 with the Performance Savings account and $25 with the Checking account. Opening one does not require that you open the other.

  • To earn a $25 bonus with the Capital One 360 Performance Savings account, deposit between $250 and $9,999.99 when opening the account.
  • To earn a $100 bonus with the Capital One 360 Performance Savings account, deposit $10,000 or more when opening the account.
  • To earn a $25 bonus with the Capital One 360 Checking account, deposit $250 or more when opening the account and make three debit card purchases or Zelle payments (or a combination of the two) within 45 days. The bonus will be deposited 50 days after opening should you meet the requirements.

Limitations: You cannot have an existing Capital One savings or checking product.

Sign up: Use this promotional link and click “open account” in green on your preferred account(s).

No offer expiration.

9. Bank of America Advantage Banking: $100

Bonus: $100

To qualify: Open one of the three available accounts using the offer code PSR100CIS. Set up and receive at least two direct deposits of $250 or more, each within 90 days of opening the account.

Limitations: This offer is good for those who don’t already have a personal checking account with Bank of America.

Sign up: Open one of Bank of America’s Advantage banking accounts through this link, using the promo code provided above; choose from Bank of America Advantage SafeBalance Banking, Bank of America Advantage Plus Banking and Bank of America Relationship Banking. Each one requires different opening deposits but offers that same $100 bonus.

Offer expires June 30, 2020.

10. PNC Bank Virtual Wallet: up to $300

Bonus: Up to $300

To qualify: Choose among the Virtual Wallet, Virtual Wallet with Performance Spend and Virtual Wallet with Performance Select.

  • For Virtual Wallet ($50 cash bonus), establish direct deposits totaling $500 or more within the first 60 days and make at least 10 purchases with the PNC Bank Visa Debit Card.
  • For Virtual Wallet with Performance Spend ($200 cash bonus), establish direct deposits totaling $2,000 or more within the first 60 days and make at least 10 purchases with the debit card.
  • For Virtual Wallet with Performance Select ($300 cash bonus), establish direct deposits totaling $5,000 or more within the first 60 days and make at least 10 purchases with the debit card.

Limitations: None listed.

Sign up: Use this offer link to open an account online, or opt to receive a coupon via email to take to your nearest PNC bank branch. You will receive your bonus within 60 to 90 days of meeting conditions.

Offer expires March 31, 2020.

11. Huntington Bank Huntington 5 Checking Account: $200

Bonus: $200

To qualify: Deposit at least $1,000 within 60 days of opening your account. (No direct deposit requirement for this bank promotion!)

Limitations: The offer is available to new Huntington customers located in Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia.

Sign up: Head over to the Huntington Bank offers page and choose to sign up online or at a local branch.

Offer expires April 7, 2020.

How to Search for Bank Promotions on Your Own

A man looks over his finances while holding his toddler.

In the spirit of not listing approximately 193 bank promotions, we kept this list short and sweet — only highlighting the best bank promotions for checking and savings accounts.

But maybe you’re interested in banking with your local credit union, opening up a small business checking account or finding the perfect investment account? There are often bonus offers attached to these account openings, too.

The banks don’t always make finding these promotions easy, so here are a few tips to help you get your hands on that cash bonus.

  • Check the bank’s website first. Sometimes it’ll advertise its promotions right there. This is rare, but it’s worth a quick check — it could save you a ton of time.
  • If you don’t have any luck, reach out to the bank’s customer service team through phone, email or chat. Let them know you’re shopping for a new account, and you’d like to know if it’s running any promotions. More often than not, the nice representative will send you a special link.
  • If this doesn’t work, turn to your trusty friend Google. Look for the best bank promotions. Because you’ll likely dig up some offers from third-party sites, you’ll want to take a few minutes to make sure the offer:
    • Hasn’t expired.
    • Is legitimate. Make sure the bank is FDIC-insured and has a positive Better Business Bureau rating. You can even read some online reviews.
    • Doesn’t require outrageous qualifying activities. For example, it might not be realistic for you to maintain an average daily balance of $50,000 and carry out 60 qualifying debit card purchases before the end of your first 30-day statement cycle.
  • You can also reach out to your family, friends and social network to crowdsource bank recommendations. Sometimes banks have impressive referral programs, so both you and your friend could benefit from you signing up.

Overall, be smart. Don’t let that promise of an account bonus blind you. Also, read the fine print so you don’t get stuck paying high monthly fees, interest rates or closing penalties.

Will Opening a Bank Account Hurt Your Credit Score?

If you’re worried that opening a new bank account or closing an old one will hurt your credit score, don’t be. Your bank accounts are not included in your credit report and therefore have no effect on your score, unless you have an outstanding negative balance that the bank turns over to a collection agency.

Sometimes when you go to open a new bank account, banks will do a soft credit check. However, that won’t affect your score.

Now, go enjoy your fresh new bank account and that nice cash bonus you’re about to pocket. Add it to your savings account, put it toward student loan payments or, heck, treat yourself!

*Chase Fine Print

Checking offer is not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance. To receive the $150 checking bonus: 1) Open a new Chase Total Checking account, which is subject to approval; 2) Deposit $25 or more at account opening; AND 3) Have your direct deposit made to this account within 60 days of account opening. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. After you have completed all the above requirements, we’ll deposit the bonus in your new account within 10 business days. You can only receive one new checking account-related bonus per calendar year. Bonus is considered interest and will be reported on IRS Form 1099-INT.

Account Closing: If your checking account is closed within six months after opening, we will deduct the bonus amount at closing.

Editorial Disclosure: This content is not provided by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.

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.



source The Penny Hoarder https://ift.tt/3aHwc51

Don’t Go Into Debt for These 5 Major Life Events

You know those once-in-a-lifetime moments you can’t put a price on?

Hey, I’m as sentimental as the next person, but big life events shouldn’t sink your finances.

So despite the hype, here are five life moments you shouldn’t go into debt for — and ways to avoid spending beyond your means. 

Five Life Events You Should Not Go Into Debt For

You’ll never get this time back again, so don’t worry about the money — said every person who ever gave bad financial advice.

Big moments in your life should be special, but not at the expense of your financial future. Here are five that shouldn’t land you in debt.

1. Your Wedding Day

You’re engaged? Congratulations! 

Plenty of people have dreamed since they were kids about their wedding day, so we’re not going to tell you to ditch the big wedding and elope.

But considering the national average cost of a wedding was just shy of $34,000 according to a 2018 study by The Knot, you could be paying off that special day for years — or decades. 

Pro Tip

Decide with your fiance the top three priorities for your wedding. Establishing what’s worth splurging on will help you create a budget reflective of what you really want your wedding to be like.

Rather than starting your new life as a married couple digging out of debt, why not make your happily ever last long after the reception? 

You can start with a wedding budget. It might not sound romantic, but look at it this way: You can put every dollar you save on the wedding toward the honeymoon — or even a home.

And we have plenty of ways to save money on your wedding — without anyone realizing you cut some corners or skipped a few traditions.

2. A Vacation

Vacations are supposed to help you unwind and relax. 

You know what’s not relaxing? Coming back from a trip to a pile of credit card debt.

If your vacation photos are tinged with regret — “Why did I go to that overpriced hotel brunch every day?” — consider making a plan to save for your trip before you ever leave home.

Pro Tip

One way to save: a sinking fund. Divide the estimated total cost of your vacation by the number of months left until you leave. That’s how much money you need to set aside every month.

We have plenty of ways to keep money in your pocket, from booking the cheapest day to fly to saving money on food when traveling. We even have ways to make money when you travel.

And what could be more relaxing than coming back from vacation with extra money to spend… on the next trip?

3. Your Kid’s College Tuition

As a parent, you probably want to give your kid the best chance to succeed (if not, maybe you should have gotten a cat instead).

The gift of college tuition may be tempting, particularly given the current $1.5 trillion in student loan debt hanging over Americans’ heads. But taking on student loan debt as a parent is definitely not in your best interest.

If you take out a Parent Plus Loan, you’re legally responsible for repayment and cannot transfer the loan to your child.

If you haven’t heard it already, here’s the advice from financial experts: Your kids can take out loans to go to college; you can’t take out loans to retire.

And in the long run, your kids will more than likely get a better deal on student loans than you will as a parent. That’s because compared to federal loans taken out by students, Direct Plus Loans for parents have higher interest rates and are much more restrictive when it comes to repayment and forgiveness options

We have plenty of strategies for your kids to pay off student loans. If you really want to help, you can chip in on the payments until they can cover the costs themselves.

4. The Holidays

Here’s a little secret about Christmas you may or may not know: It comes every year. Shocker, right?

OK, all kidding aside, the holidays can trigger those special treasured memories of family traditions and a tree surrounded by presents.

However, all the parties and presents can really take a toll on your bank account, and spending yourself into debt isn’t what makes the holidays special — or at least it shouldn’t be. 

But we get it. You still want to give the kiddos in your life that unforgettable moment of unwrapping the perfect present. So why not start a new tradition: the four-gift rule. You can still enjoy the joy of seeing your kids’ face light up, but you won’t bust Santa’s budget with lots of items they’ll forget a half hour later.

And don’t set spending limits on only the ho-ho-holidays. Consider cheap dates for Valentine’s Day, DIY Easter treats and birthday freebies

The point is, there’s no reason every holiday should leave you digging out of debt afterward.

FROM THE DEBT FORUM

5. A New Car

Even though the financial experts might advise it, it may be a bit unrealistic to suggest none of us should go into debt when buying a car.

Unless you have an extra $30,000 or so, (the average price for a mid-size car was $27,968 in October 2019, according to Kelley Blue Book) you probably can’t pay cash for your next vehicle.

But going into debt to buy a brand new car? Not so fast there, motorhead.

It’s not just that new cars are more expensive — they also in general lose 23.5% of their retail value after a year and about 60% in the first five years, according to Edmunds. 

So if you pay $40,000 for a brand new car, it will be worth about $30,600 after the first year — and $16,000 after five years. Ouch.

And if you think the solution is simply to take out a longer car loan, you’re not alone. For new passenger vehicles, the number of new loans between 85 and 96 months increased 38% in the first quarter of 2019 compared with the same period in 2018, according to Experian

By extending loans to seven or eight years, dealers can get you in a car for a lower monthly payment — but you’ll be paying a bundle more in interest.

How much more? Compare:

If you pay $30,000 for a car and take out a 60-month loan at 5%, you’ll pay $3,968 in interest on that amount. But if you take out a 96-month loan at the same rate, you’ll pay $6,461 in interest — almost $2,500 more.

We have plenty of tips for avoiding auto loan debt, but one of the best ways is to avoid the allure of the new car smell and stick to your budget.

The best reward of staying within your means could result in your biggest life event of all: becoming debt free.

Tiffany Wendeln Connors is a staff writer/editor at The Penny Hoarder. Read her bio and other work here, then catch her on Twitter @TiffanyWendeln.

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.



source The Penny Hoarder https://ift.tt/2tJF7SD

Looking Back on a Year Without Cable

A little over a year ago, our family made the decision to cancel our cable service. I wrote about it shortly after that decision and I thought it might be worth revisiting a year later, just to see how things have changed.

About 16 months ago, we canceled our cable package.

At the time, we were spending around $110 a month on our cable package. This included a rather large selection of channels in an “expanded” channel package, plus HBO.

Over the course of the last year or so that we had our cable package, we realized a few key things.

One, we weren’t actually watching the programming on our cable package very much. We watched a bit of live news and recorded a few regular programs, but our cable box really wasn’t on very much. I would estimate that we were watching perhaps 20 hours of cable programming a month, and at least some of that was just incidental, forgettable stuff.

Two, most of our actual television watching time had migrated to streaming services. We were watching a lot of shows on Netflix and Amazon Prime rather than the cable offerings. Why? They offered a lot of shows on-demand and without commercial interruption, which made them a lot more appealing to watch if we were all ready to watch a show at 8:20 p.m. and wanted to be done before 9 p.m. when the kids were ready to go to bed. Plus, the streaming services offered a lot of programming that was of interest to us. We were watching streaming services far more than our cable.

Three, we began to really notice the cost of it. $110 a month for our cable package added up to $1,320 a year. That was more than we would spend on most of our family summer vacations, just for a box that sat in our home and would show us programs for a few hours a week when there were other options for watching television programs already available.

Finally, we noticed that our overall television viewing time had declined a fair amount from a few years prior due to changing interests. We were involved with other things as a family, particularly martial arts, soccer and tabletop games.

All of this added up to our decision to go without cable, so we canceled the service.

Initially, we replaced cable with a few streaming services.

At first, we were hesitant about losing our favorite channels, which were news channels and HBO, so we subscribed to streaming services that replicated them. We signed up for Sling at $40 a month and HBO NOW for $15 a month and those two packages basically replicated everything we were watching before for half the price.

(Of course, underlying all of this is the fact that we have a good enough home internet package to easily watch streaming video. I work from home, so reasonably good internet is a professional need for me and thus having such a connection was a given. It may not necessarily be a given for you.)

We also continued our Netflix subscription for $13 a month (enabling us to watch on multiple screens with the same account) and we’ve been Amazon Prime users for a long time, with comes with Amazon Instant Video. Those costs remained the same.

When we canceled our cable package, we used the savings for the first month to buy an over-the-air antenna so that we could continue to get local channels (that’s not the exact model we use, but very similar; our model seems to be discontinued).

In effect, our television viewing costs declined by $55 per month. We went from a cable package to a combination of a $40 Sling account and a $15 HBO NOW account, with everything else remaining the same, and we had a one time $40 expense for a digital over the air antenna.

What did we learn over the following year, then?

We spent a lot of time carefully paying attention to what we actually watch.

We were very curious to see which of the services we would actually use for television viewing. I actually kept pretty careful notes on what I observed myself and others in the house doing in the months right after our transition, and I asked the other family members to not restrict what they watch, but think about it a little and decide which stuff was most important to them and which stuff didn’t matter. Paying attention to what you actually watch is a very important step.

Here are some things I noticed about our television viewing once cable television went away.

We tend to binge-watch. Once someone finds a series that they’re really interested in, it tends to become a viewing focus for that person. Our family usually doesn’t spend hours upon hours binge-watching a show in a single day, but we will consistently watch one or two episodes of a show every night or two over a long period of time.

We actually watch a lot of Youtube channels. We have a small Roku device that enables us to watch streaming services on our television and it turns out that the free Youtube app is actually used a lot. I know that there are several Youtube channels that I will regularly watch (often when doing busywork), such as Binging with Babish and Kurzgesagt, and my children have channels that they like, too. This is often our “background” viewing, meaning we’ll turn it on when engaged in some other task like folding laundry or preparing a meal.

We tend to stick to one specific streaming service for long periods. Entire months would go by in which the only streaming apps loaded on our television were Netflix and Youtube, then it would switch to Amazon Prime and Youtube, and so on.

Why does this happen? As I noted above, we tend to binge-watch shows if they click with us, and if we do that, the recommendation engine for each streaming service does a great job of recommending new shows to us that will likely appeal to us if we liked the first one, and these engines are really good at this. So, we’ll binge watch one show on Netflix, then when we’re done, Netflix will recommend another show that people who liked the first show will like, and that will often cause us to start watching that next show pretty exclusively. This will go on for a while until we stop seeing interesting recommendations, so then we’ll jump to a different service which almost always has some fresh recommendations that are in our family’s wheelhouse.

Our tastes aren’t all the same, but there tends to be enough overlap that we can find quite a few shows that most or all of us will enjoy.

So, what effectively happens is that we mine all of the content we all like from one streaming service, and then when it’s tapped out, we jump to another one for a while.

We basically never watch over-the-air programming with our antenna unless there’s some kind of breaking news event. That’s pretty much the only time we turn it on. It turns out that we just don’t like the commercials and the presence of them will actively drive us away from programming when there are so many options.

So, what does this look like in terms of our streaming choices now and moving forward?

We canceled Sling.

As a refresher, Sling was basically our replacement for basic cable. It offers most of the channels available in a basic cable package for about $40 a month as a streaming service. We simply weren’t watching it much at all compared to the other services, for two big reasons.

First of all, the number of shows that our family really wanted to watch that were unique to Sling was pretty limited. There just weren’t many shows on Sling that we were compelled to watch. That doesn’t mean there wasn’t worthwhile programming on there; it just means we weren’t compelled to watch it. There was rarely anything on there that anyone in our family requested watching.

Also, we’ve become less and less interested in programming with commercial interruptions. The shows on Sling were straight from basic cable with the ads still spliced throughout the program, and that’s just become more and more of a turnoff for us. Sure, we could fast forward through them, but even having to do that was a turnoff.

We did watch Sling occasionally, but it just wasn’t enough for us to justify continuing to pay $40 per month. This might have been different if there were basic cable shows that we really enjoyed watching, but there just weren’t enough of those — that weren’t available on other streaming services without commercials — to justify the cost.

We started “service hopping.”

As I noted earlier, we noticed that, because of the recommendation engines on each streaming service, we would find ourselves watching a lot of programming on one service for a couple of months, and then when we felt we had tapped out that service, we moved to a different one for a couple of months.

Eventually, this led us to simply start hopping from streaming service to streaming service. We kept Amazon Instant Video because we use the other features of Prime a lot, so this was free, and Youtube because it’s free, but we pair that with one other service that rotates every two months or so.

Thus far, we’ve rotated through Netflix, Hulu, Disney+, HBO NOW, and CBS All Access, and we’re going back through them again to watch shows that were added to each service in the past year.

This means that the total cost of our streaming services is somewhere between $5 and $15 per month, depending on the service and assuming you’re not counting Amazon Instant Video.

We actually watch less television than we ever have.

It’s not because of a lack of cable, either, nor is it because there isn’t any good programming, nor is it some kind of conscious choice. We just fill our free time and our family time with a lot of other things.

We read quite a lot, with all of us sometimes just sitting together in the same room reading books. We are in a variety of extracurricular and community activities, including some in which we have leadership positions. We play a lot of tabletop games — board games, card games, and storytelling games. We make meals at home, often cooking together as a family.

Our life, as it is right now, doesn’t leave us with a ton of time for watching television. Most of the time, even with television as an option, we simply choose to do other things.

Our monthly costs for television programming have gone from $123 per month to $10 per month on average.

In the end, that’s the price difference that we’ve seen due to this change. Again, I’m excluding Amazon Instant Video from both sides of this equation.

Before our switch, we subscribed to a cable service for $110 per month, along with Netflix for $13 per month.

Currently, we subscribe to one of several streaming services on a rotating basis, with monthly costs of $5 to $15 per month. This service changes every once in a while. This average out to $10 per month.

That’s a savings of $113 per month or $1,356 per year.

To put that in perspective, that’s half of a car payment on a decent used car. That’s a very nice contribution to a Roth IRA or to a child’s 529 college savings fund. That’s an excellent extra payment on credit card debt or student loan debts or other debts.

What do we miss?

As I was writing this article, I asked our family members what they missed from our old cable setup and added in my own feelings.

There were a few specific programs mentioned as being missed. Some members of our family named one or two specific programs that they missed watching. When asked if missing that program felt like they didn’t actually have enough different things to watch, the answer was exclusively “no.”

My wife mentioned the difficulty of easily finding streaming sources for some current events. She mentioned that she was able to find streams for things like political debates, but she had to hunt for them rather than having an easy place to immediately find them.

I missed some live sports programming. I don’t watch much sports, but I did miss some playoff baseball in October, something I enjoy watching. Baseball and a bit of soccer and, on extremely rare occasions, a football game are the only sports I watch on television, and it is harder to find them now. I can still find most of them on our antenna provided that they’re airing on a broadcast network, and that’s basically the only time we use our over-the-air antenna.

Every single person felt like we had more programming options now than we did back then. I think this is due to the fact that we’ve dug deeper into streaming services than we used to and discovered the enormous amount of content available on them.

None of our family members would go back to our previous setup even if the prices were the same. At first, I just asked them whether they felt what they had lost was “worth the cost,” and everyone said no. Then, I asked them which way they’d choose if cost weren’t involved and every single person I asked — including myself — would choose our current setup, where we have an antenna, a rotating streaming service and Amazon Instant Video.

In short, the only situation I could see ourselves returning to cable is if it were literally free. With any cost involved at all, we’re not going back. It doesn’t offer us enough value to bring it back.

After a year of no cable, what are my suggestions for people thinking about cutting the cord and eliminating cable?

My first suggestion is to give it a trial run. Just stop watching your cable service for 30 days and explore your other options. Dive deep into a streaming service or two. Get an over-the-air antenna set up. Let those things be your sole sources of television viewing for thirty days and see how it goes.

After the 30 days, ask yourself what you authentically miss. What stuff did you really miss during that period, especially near the end of it? Early on, you may just miss watching cable out of habit rather than out of genuine desire to see specific programs. What other options do you have for at least some of those programs? Are they on other streaming services?

If you can whittle down the list of things you’ll miss down to a handful of programs, ask yourself honestly whether the cost of cable is worth it just for those programs when there are so many other things out there to watch. This was a really important realization for us. When we were making the transition, we lamented some shows that we would miss, but we found that many of them could be watched on other services. The actual number of shows we cared about that we completely lost by switching away from cable was tiny.

If there are a lot of cable shows you will miss, take a look at Sling. It’s a lower-cost cable programming provider that streams over the internet. See whether or not the shows you’ll miss are available on there instead. It’s kind of a “middle ground” if you’re thinking of cutting the cord.

Explore other interests and hobbies. One great step to take during all of this is to simply explore other interests and hobbies that take you away from the television. The more time you spend exploring other things, the less time you spend in front of the television. See what’s on Meetup. See what’s going on in your community via your community’s website. I can name hundreds of possible hobbies and interests to dig into; the key is to find some that really click with you. For me, I like playing tabletop games (board games, card games, storytelling games), doing taekwondo, going on hikes, reading and making foods (cooking, making fermented foods and the like). That basically devours most of the free time I have these days.

We’re not looking back.

After more than a year, I can say unequivocally that we will never have cable television in our home again. The value we would get out of it compared to the price is such a bad proposition that we’d be better off spending our money on almost any other form of entertainment, as we’d get more value for our dollar. Even if we had cable, our viewing habits and lifestyles have changed enough that we would scarcely watch it.

Considering that this switch actually saves us more than $1,300 a year, I’d call that a pretty big win. It’s something I encourage you to explore, too.

Good luck!

The post Looking Back on a Year Without Cable appeared first on The Simple Dollar.



Source The Simple Dollar https://ift.tt/2GhLvTQ

Grieving parents to get two weeks of leave under new law

Grieving parents to get two weeks of leave under new law

Parents will have the statutory right to paid bereavement leave from April

Emma Lunn Thu, 01/23/2020 - 11:06
Image

Working parents who lose a child under the age of 18 will get two weeks’ statutory leave under “Jack’s Law”.

The Parental Bereavement Leave and Pay Regulations were announced by business secretary Andrea Leadsom. The new law will be known as Jack’s Law in memory of Jack Herd whose mother Lucy campaigned tirelessly on the issue.

From April, working parents will have a statutory right to a minimum of two weeks’ leave if they lose a child under the age of 18, or suffer a stillbirth from 24 weeks of pregnancy, irrespective of how long they have worked for their employer.

The Government claims this is the most generous offer on parental bereavement pay and leave in the world.

Parents will be able to take the leave as either a single block of two weeks, or as two separate blocks of one week each taken at different times across the first year after their child’s death. This means they can match their leave to the times they need it most, which could be in the early days or over the first anniversary.

Leadsom says: “There can be few worse experiences in life than the loss of a child and I am proud that this government is delivering ‘Jack’s Law’, making us the first country in the world to do so.

“When it takes effect, Jack’s Law will be a fitting testament to the tireless efforts of Lucy Herd, alongside many charities, to give parents greater support.”

Lucy Herd says: “In the immediate aftermath of a child dying, parents have to cope with their own loss, the grief of their wider family, including other children, as well as a vast amount of administrative paperwork and other arrangements. A sudden or accidental death may require a post-mortem or inquest; there is a funeral to arrange; and there are many other organisations to contact, from schools to benefit offices.

“When I started this campaign 10 years ago after the death of my son Jack, I always hoped that a positive change would happen in his memory. Knowing that nearly 10 years of campaigning has helped create ‘Jack’s Law’ is the most wonderful feeling, but it is bittersweet at the same time. I am so grateful to all those involved who have helped make this possible. I was told many times that I would not succeed but Jack’s Law will now ensure that bereaved parents are better protected in the future.”

About 7,500 child deaths, including around 3,000 stillbirths, occur in the UK every year. The Government estimates that this new entitlement will help to support about 10,000 parents a year.

The right to parental bereavement leave will come into force on 6 April 2020, subject to Parliamentary approval of the legislation. Parents employed in a job for six months or more will also be able to claim statutory pay for this period, in line with the approach for other parental entitlements, such as paternity leave and pay.

However, some critics say that the new law doesn’t go far enough. Unite, Britain and Ireland’s largest union, is calling for the government to extend bereavement leave to those who have lost a close relative or suffered a miscarriage. 

Unite assistant general secretary Diana Holland says: “Jack’s Law is a welcome first step in providing leave for people who have suffered a bereavement. Legislation must now be extended to include leave for those who have lost a close family member or are dealing with the grief of miscarriage. 

“Where the union has negotiated bereavement and miscarriage leave policies, there are protections. In other workplaces, people can feel isolated and be pressured into working or even risk their job by taking the time they need.”

OneSite Article
2e658d26-3920-434a-9512-ef992c28c34b
Syndicate to OneSite
On
Queued for syndication
Off


Source Moneywise - 29 years of helping you with your finances https://ift.tt/37meJwM

Lloyds, Halifax and Bank of Scotland raise overdraft rates to 49.9% for some customers

Lloyds, Halifax and Bank of Scotland raise overdraft rates to 49.9% for some customers

Customers with Lloyds Banking Group will see their overdraft rates more than double in some cases

Stephen Little Wed, 01/22/2020 - 15:17
Image

Millions of Lloyds, Halifax and Bank of Scotland could see their overdraft rates go up to as much as 49.9% from April.

From 6 April, Lloyds Banking Group will be charging overdraft users a new personalised rate depending on their credit score.

Lloyds says that most customers will pay 39.9% while those with a Club Lloyds account will pay 27.5% interest.

However, customers with a poor credit history who fall under its ‘risk-based’ pricing model could end up paying a rate of 49.9%.

Lloyds says that the fee-free buffer will also be reduced to £50 on some accounts, while those with a Premier account will see it fall to £250.

Arranged overdrafts and student or graduate accounts will remain free.

Currently, Lloyds charges 1p for every full £6 you borrow up to £1,250, 1p for every further full £7 you borrow between £1,250 and £2,500, and then a further 1p for every full £8 you borrow over £2,500.

A spokesperson from Lloyds says: "We are writing to our customers to explain the new overdraft rates that will apply from April 2020. As a result of these changes, 90% of customers with an overdraft will pay less than they do today.

“The majority of customers will pay the APR of 39.9% on most of our current accounts, 27.5% on our Club Lloyds account. Customers will be offered a personalised overdraft rate, up to 49.9%, depending on their circumstances. We have not charged unarranged overdraft fees or returned item fees since 2017, and this will not change.”

Lloyds says 90% of its customers with an overdraft will now pay less and everyone will pay a lower rate on their borrowing. Of those that will pay more, the average monthly increase is £1.89 and no-one will pay more than £10 extra a month.

If you have a Lloyds Classic account and you are overdrawn by £500 for seven days you will pay £3.22 at a rate of 39.9%, while those on 49.9% will pay £3.85.

What are other banks charging?

The news comes after a number of similar announcements from other major banks and building societies.

The charges from Lloyds Banking Group are the highest that have been revealed so far and more than double than what you would pay on a standard credit card.

Nationwide was the first lender to announce it was introducing new overdraft charges in November with a rate of 39.9%.

Other lenders charging 39.9% include HSBC, First Direct, M&S Bank and TSB.

NatWest and RBS both charge 39.48%, while Barclays charges 35%. Monzo and Starling charge the lowest rates, starting at 19% and 15%, respectively.

Why is this happening?

Under new plans from the Financial Conduct Authority, banks and building societies will no longer be able to charge higher interest rates on unarranged overdrafts than they do on arranged ones from 6 April.

They will also not be allowed to charge fixed fees for overdrafts. Instead they will have to introduce a simple interest rate.

The watchdog has done this to remove expensive unarranged overdraft charges of up to £5 a day in some cases.

However, with most banks and building societies charging 40% for overdraft fees, the move has drawn widespread criticism, with fears customers could end up paying even more.

John Crossley, head of money at Comparethemarket, says: "Lloyds has said it will decide a customer’s interest rate based on their credit rating – similar to Monzo and Starling – but customers with a low credit score could see their overdraft rates jump as high as nearly 50% - the highest amount we’ve seen announced so far.

“Customers should take note of these new overdraft rates and consider switching current account to a better deal with potentially lower overdraft rates. Equally, if you need to borrow money, using a 0% credit card can be a more cost-effective option than dipping into your overdraft.”

OneSite Article
13d6e17e-4327-450f-a54a-3dd2f4ccb278
Syndicate to OneSite
On
Queued for syndication
Off


Source Moneywise - 29 years of helping you with your finances https://ift.tt/37oVzWU