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الخميس، 31 مارس 2016

A Walkthrough of Our Weekly Meal Planning Routine

A couple of years ago, I wrote a very popular post called Meal Planning for Busy Families, in which I outlined the exact strategy that my own family uses to plan and prepare meals at a reasonable cost.

But what does that strategy actually look like in the real world? I thought it might be interesting to show you exactly how we implement this strategy in our own life. I’m going to do this by walking you, step by step, through our entire grocery shopping experience this week.

The reasons for using this strategy are numerous.

First, it saves us a lot of money. When I walk into a grocery store, I’m going to be spending money. Ideally, I want to be walking into that store with a great plan in my hand that I can follow as I’m walking through the aisles. This plan consists of a very clear grocery list that includes everything I need at home so that I don’t get distracted by browsing (and end up throwing unnecessary items into the cart).

Second, it saves a little bit of time, believe it or not. It takes some additional up-front time to get a good grocery list prepared, but the time spent on that grocery list is saved when I’m actually in the store – and more. I don’t have to waste any time at all making decisions in the store unless it’s deciding between two different versions of the same exact item. I don’t have to think about what meals need to be made, what staples we need, or anything else when I’m in the store.

Third, it makes evenings much more efficient. Our family is a busy one, with both parents having active careers, three children involved in a handful of activities, and the various additional community responsibilities that Sarah and I have, plus our own social and hobby interests. That can make for a very busy schedule and can make for very busy evenings. Meal planning helps a great deal with this, as we know what we’re having each evening without having to think about it. We can just take the necessary steps to prepare.

Here’s how I go about making all of this happen.

Step 1 – Scour the Store Flyers

We tend to go grocery shopping roughly every seven to ten days, depending on the exact situation at home. Usually, a grocery trip is triggered once we hit the end of our meal plan and there are no other leftovers to be consumed, as leftovers are a fairly regular meal at our house.

The first step in the system, though, is to simply check the sales flyer of the nearest grocery store. In our case, that’s Fareway, a discount grocer a little under a mile from our house. The next nearest grocery store is about ten miles away, so Fareway gets a lot of our business. It helps that Fareway’s prices are pretty consistent across their whole chain and Fareway acts as though the stores in nearby towns are competition because, honestly, they are competition: many people in our community work in the larger cities nearby and are completely willing to do their grocery shopping there.

I scan the grocery flyer for fresh fruits – which make for great snacks around here – and vegetables – which serve as the basis for a lot of meals – as well as other staples for meals that our family likes. Here are the items in this week’s flyer that stand out to me.

Starkist chunk light tuna – $0.79 per can
Store brand lasagna noodles – 2 for $3
Mini sweet peppers – $1.99 per pound
Lettuce – $0.88 per head
Brownberry wide pan bread – $2.88 per loaf
General Mills cereal (think Cheerio’s) – 3 for $5

This actually wasn’t the best week for the flyer. Many weeks, I’ll have a list of ten or more items to buy, but this week was a pretty weak week overall.

The last two items on the list – Brownberry bread and General Mills cereal – aren’t necessarily items I would normally buy. Instead, they’re items that I would compare to the store brands that I normally buy. If the sale makes the prices comparable – especially if there’s also a coupon involved – I’ll try the name brand, especially in the case of Brownberry, which is pretty good bread.

Step 2 – Build a Meal Plan

From those key ingredients, I’ll build a meal plan. What I try to do is identify meals that use the ingredients mentioned above and things that we have on hand. I usually use a mix of Paprika and Google for finding these recipes, as I’ll just search for recipes based on that key ingredient.

I write down these meals on a whiteboard in our home. This whiteboard hangs on a wall next to our kitchen so that we can quickly see our meal plan at any time as we walk through the kitchen. This keeps it accessible for both Sarah and myself and also makes it easy to modify, since modification just requires a quick erase and a new note with a dry erase marker (which is attached to the whiteboard).

As I make this meal plan, I often stick to a backbone of meals that I’m familiar with for the busiest nights and make more adventurous meals on easier nights, but it turns out that this entire upcoming week is pretty busy. Thus, we stuck to simpler meals.

Here’s the meal plan I came up with:

Dinners
– Wed. – tuna noodle casserole / vegetables / salad (uses tuna and lettuce)
– Thu. – vegetable chili (uses sweet peppers)
– Fri. – pizza & movie night (uses sweet peppers)
– Sat. lunch – Leftovers
– Sat. supper – Spaghetti, breadsticks, and salad (uses lettuce – might be an “eat out” night)
– Sun. lunch – Leftovers
– Sun. supper – grilled black bean burgers and grilled vegetables (uses sweet peppers)
– Mon. – slow cooker lasagna / salad (uses sweet peppers and lasagna noodles)
– Tue. – vegetable soup (uses sweet peppers and leftover lasagna noodles)

Breakfast options
– Toast, jelly, and tea (uses bread)
– Cereal (uses cereal) x 2
– Oatmeal x 2
– Scrambled eggs and toast x 2 (uses bread)

As you can see, I noted which ingredients on sale at the store are used in each meal. This week, we’re having a number of side salads and I’m also looking for a lot of ways to use those cheap sweet peppers, too.

We’re not doing anything unusual for us or anything extravagant because, as I noted, this is a pretty busy week for our family. There are soccer practices, soccer games, taekwondo practices, and several other little things going on, too, that make it much harder to prepare anything exceptional for meals this week. However, it doesn’t look like we’re going to have to rely on any of our frozen meals, which is a great thing.

A quick note on the frozen meals: when we have a free weekend afternoon, we’ll often make some complete meals and stow them away in the freezer for future use. In fact, this week, I might actually make some extra tuna noodle casseroles when making the normal ones and stow them away for the future, as that’s a meal that my children really like. So I’ll probably get quadruple ingredients for tuna noodle casserole, as I’ll plan on making four batches of it.

There is a little bit of flexibility here. I’d say there’s some likelihood that the Saturday and Monday dinners get swapped depending on what our Saturday schedule ends up looking like. There’s a very good chance that dinner on Wednesday night is a “leftovers” dinner, allowing us to wait until next Thursday for our next grocery shopping trip.

Our “breakfast options” list exists to give our kids a number of options for breakfasts in the morning. Since we’ll have ingredients for all of those things, we let our kids choose each day which breakfast they want and cross off that breakfast once it’s consumed (or erase the “x 2″ part).

For lunch on weekdays, Sarah and I usually just eat leftovers, so there’s no additional meal expense or meal planning cost there.

This whole process took about six minutes from start to finish. I had to look at our family calendar while planning out the meals and also come up with a few ideas based on the ingredients that were on sale.

Step 3 – Build a Grocery List

Now that I have this meal plan, it’s time to build a grocery list from it. I basically just go through each planned meal and check whether or not we have the ingredients for it. I’ll look in the refrigerator and go through the meal plan while looking around, noting anything that’s missing, then I’ll do the same with the pantry. This takes maybe five minutes at most.

While I’m doing this, I also look for staple items that we’re running low on. Do we have adequate amounts of milk, for example? Our children drink milk with many meals. Are we running low on any spices, especially salt and black pepper? I put black pepper (and hot pepper sauce) on a lot of the foods that I eat. Do the children have granola bars or other items for their after school snacks? If I don’t think there’s enough, I’ll add a box of granola bars to the list.

Once that’s complete, I’ll go through our house looking at the state of various household supplies. We usually buy most of our household supplies during a monthly trip to a warehouse club, but sometimes we’ll buy small packages at the store if we’re running low on any one item. I’ll check under the sink for things like garbage bags, dish soap, and dishwashing detergent. I’ll glance in the laundry room and check the state of our laundry soap. I’ll check all the bathrooms for toilet paper, toothpaste, and other toiletries. Anything that’s running low gets added to our grocery list (and also to our other list of items to get at the warehouse club). This takes maybe five more minutes>

This little routine catches so many items that I wouldn’t have thought about at the grocery store.

I build my grocery list on my phone using the Paprika app. I actually do the meal planning on my laptop near the whiteboard so I can add the meals directly into the app (all of the recipes are saved from previous weeks) and that puts the ingredients automatically into a “shopping list.” I then go through and remove the stuff I know we have on hand and remove a few more while I’m looking through the cupboard and pantry. This leaves me with a grocery list that’s organized by section, which matches up really well with Fareway’s layout. I can almost always just walk from section to section in the store, following my list, and find exactly what I need in each section.

Step 4 – Look for Coupons

After this, I sit down at the computer and look for coupons. I visit only a couple of sites – namely Coupons.com and Redplum – and see what coupons happen to be available this week.

Both of those sites essentially allow you to page through a small flood of coupons. I simply save every coupon that I think might be relevant, then print off all of those coupons at once. I cut them out quickly, usually by just cutting the sheet into eight or so pieces without really trimming them, and I take the ones to the store that I know I’m going to use this week.

The only great match this week was a coupon for $1 off any two boxes of General Mills cereal, which means that it stacks perfectly with the store sale, taking the price down to 3 boxes of General Mills cereal for $4. That’s definitely in a price range that’s competitive with the store brand and probably lower, so it’s likely that my cereal purchases this week will be the name brand cereals because they’re cheaper, and my kids will like it because there will be more variety in the options.

I found several more coupons that might be useful in the coming weeks but don’t match up well with my list right now, so I print those, too.

This process takes maybe another five minutes at most. It really doesn’t take very long to do this at all. I usually wind up printing off somewhere around $15 in coupons.

What about the other coupons, the ones for items that I think I’ll use soon but don’t actually have on my list? I put those in an envelope, but before I do that, I go through the coupons that are already in that envelope, trash the expired ones, and grab the ones that are useful this week. I usually find two or three coupons that match up with items that are already on sale. This takes maybe one more minute, and I found two coupons that match up – one for Brownberry bread and one for Starkist chunk light tuna. Both of those help lower the price on those items to the point that they’re going to be notably cheaper than the store brand, so I’m happy to take them with me.

At this point, I have three coupons in hand and a grocery list on my phone, so I’m ready to go to the store. This whole “prep” took me about twenty minutes, all told.

Step 5 – The Grocery Shopping Experience

So, what’s the benefit from all of this prep work? It happens in the store.

I walk in the door with coupons in hand and a grocery list that’s organized by store section on my phone, so I can get right down to business. There’s basically no backtracking – I just go from section to section, grabbing the things I need from that section and putting them in my cart.

What’s amazing about this is that it seems like all of the items that are on my list just happen to be on sale in the store. It’s like I walk from sale to sale to sale, putting tons of discounted items into my cart.

It’s planned that way, of course, but it’s really hard not to see the savings become tangible when you’re going through the store.

It’s also really quick. I can just completely trust my grocery store list, so I don’t have to dawdle or wander around or look for particular items or think about meals or anything like that. It’s pure business when I’m in there. I’m just grabbing the items that are on my list and moving on.

That means that unplanned items very rarely make it into my cart. I just don’t have any reason to look for things that aren’t on my list.

The end result is that the time spent in the store seems very short. It’s really hard to say how much shorter it is, but I know I’m saving at least fifteen or twenty minutes on this shopping trip, which means that the time I spent on planning for this trip is recovered by the reduced time spent in the actual store.

When I get to the checkout, the savings become real, too. Items fly over the scanner, with the total bill going up nice and slow thanks to all of the sales that I hit. There aren’t that many items, either, so the total is pretty low at the end of the trip – just over $100, in this case, which is pretty good for a week’s worth of groceries for a family of five. When I hand over the coupons and they’re scanned, the total goes down to just ba handful of nickels over $100.

Sweet.

Step Six – Cooking Meals

Of course, the final step is actually preparing the meals, but that becomes pretty easy. All I have to do is look at the whiteboard to see what’s planned for each day, then hit Paprika if I need a recipe (usually, I don’t), then start cooking.

I usually check the whiteboard in the morning in case a slow cooker recipe is on order for the evening. It also helps me to estimate when I’ll need to start working on meal prep (I usually make a note of this on the whiteboard, too). I also check it in the evenings and look ahead a couple of days, because if we’re having a meal from the freezer in two nights, I’ll go ahead and pull it out and put it in the refrigerator to thaw.

Most evenings, this all comes together really smoothly because we’ve thought about all of this in advance. All I have to do is trust that whiteboard and make the meals on the nights that it suggests. The ingredients are already there because of the smart shopping list, and it’s a meal that’s appropriate for the time available to me for preparation.

It all just works out like a well-oiled machine.

Final Thoughts

This system is one that Sarah and I have polished for our needs over many years. We put a high priority on family meals at the dinner table with as many of us together as possible (most nights, that’s all of us), even if it means a quick dinner.

That doesn’t come together without some planning. Ordinarily, this kind of planning would add time to the equation, but it seems to me that the planning done here saves time. The time spent on the planning is actually recovered in the grocery store, and then on busy evenings everything runs smoothly, so even more time is saved.

Of course, the big reason behind all of this is saving money, and a lot of money is saved by this procedure. I don’t buy many unplanned things at the store, I’m putting a lot of sale items into my cart, and I end up buying a lot of lower cost store brand items or name brands when a coupon and a store sale stack together to make it very cheap.

It all just works out, but it only works because of the time spent on advance planning. Without spending that twenty or so minutes at the start of all of this, none of this would work out.

The time invested here pays a lot of dividends, both in terms of money and in terms of time later on.

Good luck!

The post A Walkthrough of Our Weekly Meal Planning Routine appeared first on The Simple Dollar.



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7 Times People Took Low-Cost Living Situations to Extremes

Cheap places to live

There’s nothing wrong with nice homes, new cars, vacations and dining out.

But a big lifestyle often comes with big rent or mortgage payments, and may require big jobs and more stress.

Maybe you prefer a less conventional way to put a roof over your head, in terms of both how you pay for it and what kind of roof it is. And maybe you want less expensive and more interesting ways to live in general.

For example, you could spend your life as a house sitter and caretaker to get the advantages of living in nice homes without the financial obligations of owning a place.

Or, if you want a more temporary change, you might live in a bus and travel the country for a year before settling down.

Whatever your goals, here are some real-life examples of alternative living. Would you try any of them?

1. Camping as a Lifestyle

Nancy Bolam says she was paying $500 per month for an unheated bedroom in a trailer outside Aspen, Colorado — and it didn’t have a closet or a door!

So she decided to try camping for a while, instead.

She bought a fabric dome, and ran power to it from a friend’s nearby garage. She heated it with a woodstove and carried in the water she needed.

After living this way for more than three years, she had saved enough for a down payment on a house.

But, she says, “I will greatly miss camping as a lifestyle.”

2. Living in a Truck

After discovering how expensive rent was near his new job at Google, 23-year-old Brandon (last name withheld) bought a box truck to live in, reported Business Insider.

His 128-square-foot living space includes a bed, dresser and places to hang clothes. He showers and eats on the Google campus and leaves the truck parked there, as well.

Brandon says this works because he really only sleeps in the truck. And he figured he’d quickly recover the $10,000 he paid for the truck because he’ll save more than $2,000 on rent each month.

He details everything on his blog, FromInsideTheBox.com. 

3. Being Homeless by Choice

A truck is a pretty minimal shelter, and a fabric dome even more so, but Daniel Suelo doesn’t even own a tent.

He doesn’t even use money, according to The Atlantic.

Suelo is homeless by choice — and sometimes lives in caves near eastern Utah, or in the Sedona, Arizona area.

He forages for wild foods or searches dumpsters, cooking his meals on stoves made of discarded cans. He drinks from streams.

He’s had some trouble with the law due to the 14-day limit for camping in any one place on BLM (Bureau of Land Management) lands, but mostly he stays out of sight so he’s left alone.

Suelo sometimes works as a house sitter. He’s also spent time living with anarchist squatters in Portland, Oregon, and in communal homes. But he spends most of his nights outside, and he’s been living this way for more than a decade.

4. Living in an RV

Bob Wells lives in his RV on a $1,100-per-month pension, and says he knows “dozens of people who live in their vans and make much less than $1,000 per month.”

It can be costly to travel much in an RV, so he suggests alternating between working and traveling — while still living in your RV, of course.

Here are some of the ways you can make money on the road, according to Wells:

  • Be a campground host
  • Make and sell crafts
  • Sell things on eBay
  • Create websites
  • Paint houses
  • Provide animal-grooming services

Check out our list of 103 ways to make money at home for more ideas to work from your home on the road.

5. Living on a Sailboat

Yes, you can live on a sailboat inexpensively — if you do it right.

HoboSailor.com’s Leann and Chad say it means buying a cheap used boat, sticking to free places to anchor and budgeting well. Their lifestyle, which includes a cat and a large-screen TV on their small sailboat, runs about $1,000 per month.

Because of the work involved with living on a boat, it may be best to do it as a couple. And Chad says it’s “a great pre-marriage test that I would recommend to anyone.”

6. Living in a Storage Unit

Nobody is likely to recommend living in a storage unit as a permanent housing solution, and there may also be legal issues.

On the other hand, people do sometimes choose this lifestyle out of necessity for a few months at a time.

Consider Becky Blanton’s story. When her freelance writing income declined, she put a bed in her 10-by-20-foot storage unit and moved in. The managers of the facility chose to say nothing.

After four months working various jobs and eating at cheap buffets, Blanton saved up some money and found more conventional housing.

7. Living as a Nomad

Britany Robinson says at the age of 27, she’s part of “generation rent.”

She has no plans to buy a home. In fact, she recently decided to drive around the country and look for a new place to live.

“I’m addicted to the freedom of renting over buying, as are many of my friends and peers,” Robinson says. For a while, she’ll be living in hotel rooms.

There may be a trend toward more-nomadic lifestyles, thanks to the many options for working online (and due to less job security). Of course, the cost of such a lifestyle depends largely on what kind of places you rent.

Your Turn: Would you consider any of these low-cost alternative lifestyles?

Steve Gillman is the author of “101 Weird Ways to Make Money” and creator of EveryWayToMakeMoney.com. He’s been a repo-man, walking stick carver, search engine evaluator, house flipper, tram driver, process server, mock juror, and roulette croupier, but of more than 100 ways he has made money, writing is his favorite (so far).

The post 7 Times People Took Low-Cost Living Situations to Extremes appeared first on The Penny Hoarder.



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Two-Sided Coin: Is College Worth the Cost?

This is the first in a series of posts called the “Two-Sided Coin,” where TSD’s Jon Gorey and Holly Johnson take opposing viewpoints on a number of personal finance topics. 

Holly: College Isn’t Always Worth the Money

Most of us have been told the same story our entire lives: If you do your best in school, you can get into a good college. And if you put in the work and graduate in good standing, you’ll be rewarded with a great career and a lifetime of financial security.

Sadly, history is showing that this narrative is no longer as true as it once was.

The graduating class of 2015 left school with average student loan debt of over $35,000. When it comes to paying off those loans, the struggle is real – and sometimes, catastrophic. According to an analysis by the Wall Street Journal, more than 7 million borrowers were at least 12 months in default on their student loans as of late 2015. That’s 17% of student borrowers who are desperate and may never dig their way out.

In addition to those in default, another 2.8 million students were in some stage of Public Service Loan Forgiveness (PSLF) or income-driven repayment as of 2015. While PSLF requires only a 10-year commitment in a public service position before loan balances are wiped clear, existing income-driven repayment plans can request 10% to 15% of your discretionary income for up to 25 years. For many people in these plans, that means making payments on their student loans until they are age 50 or older. 

In the meantime, millennials are experiencing record levels of unemployment and underemployment. According to data shared by the New York Federal Reserve, as many as 44% of college graduates in their 20s are stuck in low-wage, dead-end jobs. To add insult to injury, 40% of our nation’s unemployed are millennials. That figure translates into 4.6 million young people struggling to find work and earn an income, many of whom are also struggling with student loan debt.

So is a college degree worth it? Most signs point to maybe.

As these sad events play out, students and their parents are right to wonder if the investment is still worth it. While many studies have proven that, overall, a college degree is generally a good investment, I would argue that all families should take a close look at their options – and the potential costs – before sending their child off to school.

A lot of people will say that higher education is always worth it. “It’s good debt,” they’ll say. Or they’ll spew out this lie: “College is a learning experience that all young people need to go through.”

Or, they’ll simply point out that many professional jobs actually require a four-year degree. When you hear someone argue that, unequivocally, college is always a good investment, ask yourself these questions:

  • If a college degree was always worth it, would there be 7 million student borrowers in default?
  • If college degrees always paid off in spades, would nearly 3 million borrowers be in some phase of loan forgiveness or income-driven repayment?
  • If college was always a good investment, would 44% of new college graduates be working as baristas or waiters?

Obviously, the answer to these questions will always be “no.” That’s why anyone who says a college degree is always worth it is either unaware of reality or promoting their own agenda. Sadly, it’s always the students who pay when they believe this advice without doing some research on their own.

How to decide if your college degree is worth it

When an adult tells you that college is always worth it no matter what, don’t listen. Instead, let the research you do on your own serve as your guide.

In an article I wrote last May, I showed how future college students can research the variables of their potential major before making such a huge decision. With sites sponsored by the U.S. Department of Labor, it’s fairly easy to research employment projections and salaries for any college major and corresponding career trajectory.

While there are numerous ways to figure the future return-on-investment of your college education, a cursory look at the numbers can give you a really good idea of what to expect. If your projected out-of-pocket costs for a private school are $40,000 per year, for example, and you plan to pursue a career as a kindergarten teacher, you can easily see that starting salaries for that profession (salaries in the 10th percentile) were only $33,460 in 2014.

If you find that spending well over six figures to begin a fairly low-paying profession no longer strikes your fancy, run from this option as fast as you can. Or, at the very least, weigh the pros and cons of a state school that charges a fraction of the cost.

Likewise, let’s say you decide to pursue a two-year degree in diagnostic medical sonography. After determining the program at your community college will cost you less than $10,000, you find that the starting wage in this profession was around $46,930 nationally, but grew to $68,390 on average. Most people would say that’s a winning combination.

At the end of the day, both sides of the equation matter – not just what you borrow to attend school, but how much you’ll earn once you graduate. Most of the time, the wider the disparity, the worse off you’ll be.

Consider these options, too.

While the idea of attending a technical school or learning a trade may not excite you, it’s important not to sweep these alternative options under the table, either. In the real world, a technical education can serve as low-cost alternative to a pricey four-year degree, but with better job prospects and even higher pay to boot.

We’ve written about the fact that a two-year degree is the ultimate investment before, and it still rings true. While pursuing a career in healthcare, dental hygiene, masonry, or any number of technical fields may not make you feel as fancy, you could experience exceptional job security and good pay for life. And maybe, just maybe, you could avoid walking away from school with so much debt that you’ll be stuck paying it off until you’re 50.

While many people still insist that college is always worth it, the numbers say otherwise. In the real world, the value of your college degree will depend on an array of factors, some of which may not be in your control. Never believe anyone’s advice on college without doing some research on your own. Due to growing costs and economic uncertainly, the landscape has changed. If you truly want to get ahead without spending your entire life in debt, you have to mold your goals to change with it. And sometimes, that means ignoring the advice of your elders and forging your own path.

–Holly Johnson


Jon: College Is Worth the Price (Most of the Time)

I was fortunate enough to get a partial scholarship to my college of choice, as well as a pretty cushy work-study position in the campus snack bar circuit (free chicken tenders and all-you-drink coffee!). This was back when college tuition was only extremely expensive and not insanely expensive.

But truthfully, looking back, I would have paid just about anything for the experience. In fact, if Syracuse sent me a bill right now for $1 million, I would understand.

At today’s tuition rates — which averaged $9,410 a year for in-state students at public universities and $32,405 annually at private colleges in 2015, not even including room and board — it’s only natural (and smart) to second guess whether a college education is worth all that money.

The thing is, even at that price, it usually is.

john belushi college tuition meme

Photo: TSD/Amazon.com

There is such a thing as ‘good’ debt.

As Holly pointed out, the average student loan debt for the class of 2015 was $35,000 (that’s among students who graduated with loans; some do not). Okay, that’s a ton of money, and it’s admittedly lousy to still be paying for something 10 or more years after you bought it.

But here’s the thing: The average American takes out almost as much debt — $29,000! — just to buy a stupid new car. Many people stretch out that debt over six or even seven years.

And what do they get at the end of it all? An aging vehicle that has lost almost all of its value. When it conks out, they’ll take out a new car loan all over again.

A college degree, meanwhile, remains the single best way to boost your long-term earning potential — by about a million dollars over the course of your lifetime, compared to someone with just a high-school diploma.

Think about that: An extra million dollars, over the course of your career. That’s essentially a winning lottery ticket, where you forego the lump sum in favor of annual payments.

Would you take out a $35,000 loan if it returned an average of $1,000,000 over the next 40 years? Yeah, I would, too. That’s good debt.

It’s not always about the career – at least, not right away.

College doubters also point out that nearly half of 20-something college grads work in dead-end retail or restaurant jobs.

To that I say: So what? Many of these grads were probably liberal arts or communications majors. Engineering may be the best major to land a job the week after graduation, but not everyone wants to leap straight into 9-to-5, wall-to-wall math for the rest of their life. That sounds like my nightmare.

Working a crap job in your early 20s is a time-honored tradition among the creative class. After graduation I worked at a bookstore, and then as a van driver for a radio station, both at minimum wage and while splitting housing costs with literally a dozen different roommates, before finally landing a (similarly poorly-paying) job in my field as an editorial assistant. But those mundane jobs were some of the best I’ve ever had.

Now I have a real job on the straight-and-narrow path of adulthood, on the road to retirement — and frankly I miss those carefree days of driving a gaudily painted van around town and ringing up beach reads and bestsellers. You’re only young once, but you’ll have 30 years or more to act like a grownup and work in a cubicle or some other professional environment; God knows there’s no need to rush into it.

It’s not always about the classes.

This will sound trite and cliche, but college isn’t all about academics or degrees, either. There were only a handful of classes I took that truly formed the foundation of my professional skills, such as Intro to Graphic Design. But the breadth of classes I took and the variety of personal and shared learning experiences I had made me a more curious and successful person in the long run.

What’s more, surrounding yourself with other thoughtful people is the incubator of innovation. Steve Jobs famously obsessed over where to locate bathrooms and common areas to try and manufacture more serendipitous encounters among employees. Physical proximity matters.

Economist Edward Glaeser once summed it up like this, in an ode to New York City’s human soup: “Homo sapiens are a social species; almost all of what we know we learn from each other. Dense cities, like New York, succeed when they take advantage of this fundamental aspect of our humanity. They thrive by enabling us to connect with each other, which then promotes learning and innovation.”

Immersing yourself in such an environment is simply a smart and intellectually inspiring professional decision. Friends of mine from college went on to do amazing things. They author books and work on major television shows and write for Pulitzer Prize-winning newspapers. I’ve literally gotten jobs in large part because of my college connections, and vice versa.

And this who-you-know phenomenon isn’t limited to fancy-pants private schools: Your big, state university already has thousands of alumni working in managerial positions all over the country, and one day some of your friends will hold those positions, too. When you inquire about a job or go in for an interview with such a person, you have an automatic ice breaker at your disposal — especially if your alma mater miraculously made it to the Final Four.

But not every college is right for everybody every time.

Not all colleges are worth the cost, though. If you get into Harvard or Stanford, by all means, take out the loans you need to go. But there’s no sense in paying private-school tuition rates at a college that’s no better than your state university or even your local community college — and unfortunately, plenty of people do just that. By and large, the in-state tuition at your public university system is going to give you the best bang for your buck.

In particular, don’t throw your money away at a for-profit college. That is and always was a terrible idea, and the only way they’ve survived this long is through predatory marketing practices. Millions of the student borrowers Holly mentions who are defaulting on their debt hold loans not from a state university or community college but from these questionable institutions.

Plus, there are plenty of people who just don’t need college. If you’ve always wanted to be a carpenter, you don’t need to go to college: Go to trade school or better yet get into an apprenticeship program, where you’ll make money as you learn the trade. (I would argue that a college degree from a state school is still not going to hurt, even if you have to take on some debt, since you’ll learn the skills to turn your trade into a full-scale small business later on.)

If you simply hate school and always have, then good lord, don’t pay all that money for more of it. Find a career that inspires you, where you can work with your hands or work with people. Many good, growing jobs don’t require a college degree at all.

Likewise, not everyone is ready for college at the age of 18. My brother struggled during his first bout with college, and dropped out of school after a year and a half. He found a regular, decent-paying job, and only several years later went back to school to finish his degree part-time in the evenings. And that time around, he absolutely crushed it. He was focused on what he wanted to do for a living, and responsible enough to take it seriously. Now you can barely fit his income on a calculator screen.

In the end, smart and driven people like my brother will probably be successful no matter what they do. But a college education can go a long way toward ensuring and amplifying that success over the course of a lifetime. On the other hand, some people may struggle to make ends meet even with a college degree, especially if they go to an overpriced school that leaves them saddled with debt, or go at the wrong time in their lives.

So what I’m saying is: Don’t blindly go to college because you think you’re supposed to. It’s not for everyone at all times. But don’t blindly discount it as a rip-off either. In fact, if you’re interested in a professional career, it’s pretty much the best investment you can make.

–Jon Gorey

Related Articles: 

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Government called to 'urgently' address 'outdated' funeral support

The support available to bereaved families is ‘outdated’, while the funeral industry may not be operating in a way that serves vulnerable people well, a report published by the Work and Pensions Committee has claimed.

The support available to bereaved families is ‘outdated’, while the funeral industry may not be operating in a way that serves vulnerable people well, a report published by the Work and Pensions Committee has claimed.

Government called to address 'outdated' funeral support
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The support available to bereaved families is ‘outdated’, while the funeral industry may not be operating in a way that serves vulnerable people well, a report published by the Work and Pensions Committee has claimed. The Committee says it heard “distressing evidence” of one mother who was forced to freeze her son’s body for months while she saved enough to pay for a funeral, and of bereaved people who were denied their relative’s ashes because of a shortfall in the final payment. Currently those on certain benefits can claim help from the state for funeral payments. These payments can help to cover the cost of burial fees, cremation fees and travel costs, while an extra payment of up to £700 is also available for funeral expenses, such as the funeral director’s fees. But the Committee’s report raises concerns that while the £700 limit has been fixed since 2003, funeral director fees have risen “well above the rate of inflation”. As a result of this, the report says the £700 no longer covers the cost of a simple funeral. Royal London, for example, recently estimated that the average cost for a funeral in the UK was £3,702 in its 2015 National Funeral Cost Index Report. In addition, the Committee says the application process for funeral payments from the state must be simplified – it says the application is 23 pages long with 12 pages of guidance. The report also flags that the bereaved currently have to commit to funeral expenses without having a clear idea if any payment from the state will be received. On the separate issue of bereavement benefits, which are based on the deceased’s nation insurance contributions, the Committee says the approach to support for the children of widowed parents where the benefit is only paid if the parents were married, not co-habiting or in a civil partnership – is “particularly outdated” and “should be addressed urgently”. Funeral costs are ‘leading’ people into debt Frank Field MP, chair of the Committee says: “We heard clear evidence of the distressing circumstances and debt this is leading people into, at a time when they are grieving and vulnerable. We do not want a return to the spectre of miserable ‘pauper’s funerals’. “We urge the Government to conduct a cross-departmental review of burials, cremations and funerals, with outcomes that will address the factors driving up funeral director fees and work to reduce funeral poverty.” On bereavement benefits Mr Field adds: “The support for widowed parents is also badly outdated, with benefits denied to cohabiting parents. Penalising a child on the grounds of their parents’ marital status is as unjust as it is anachronistic. “The costs involved to right this wrong are small and the Government should do so as soon as possible." What does the Government say? The Department for Work and Pensions (DWP) says it will respond to the Committee’s report in due course. However, it does confirm that while the bereavement benefit system is being changed from April 2017, it has no plans to extend eligibility for bereavement benefits to those who are not married or in a civil partnership. It adds that the extra £700 currently available to cover funeral costs is a fair amount. A DWP spokesperson says: “We are modernising bereavement benefits, introducing a simpler and fairer scheme that will better assist people in what can be an extremely difficult time. “The planned new Bereavement Support Payment will provide a higher lump sum payment than currently is offered and more people will be able to claim this full support now we have removed the lower age limit.”

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NS&I cuts interest rates and premium bond prizes: switch for better rates

NS&I (National Savings & Investments) will cut the number of Premium Bond prizes it offers, while it will also slash the interest it pays on a range of savings accounts this summer, the Treasury-backed savings organisation has announced.

NS&I (National Savings & Investments) will cut the number of Premium Bond prizes it offers, while it will also slash the interest it pays on a range of savings accounts this summer, the Treasury-backed savings organisation has announced.

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Did You Get Your Full Paycheck? Watch Out for These 5 Payroll Mistakes

money mistakes

As I was sitting in an HR class listening to my professor explain the difference between exempt and non-exempt employees, it hit me:

I was being screwed over by my company. Big time.

When hourly employees worked more than 40 hours a week and should have earned overtime, the company treated them as salaried — so they didn’t get the extra pay.

On the flip side, when someone had a doctor’s appointment and had to leave early, the company only paid them for the actual hours they worked.

This is illegal, and the higher-ups knew it. They were taking advantage of their employees’ lack of knowledge.

Unlucky for them, I was getting my degree in human resources. They had messed with the wrong employee!

I contacted the Department of Labor to file a complaint.

While my coworkers and I eventually received back pay for all the overtime hours we worked, the damage had already been done. Many of us quit, knowing we couldn’t work for an employer that could deliberately do that to its employees.

5 Money Mistakes That Could Affect Your Paycheck

Most companies don’t willingly deceive their employees. But mistakes do happen.

I know because I’ve worked in HR for more than 10 years. Human error is inevitable.

You work hard for your money and it’s important to understand where it’s going. Here are five items to watch out for:

1. Exempt vs. Non-Exempt

An exempt employee is paid a salary, which doesn’t fluctuate.

Let’s say you work 50 hours in a week. Those 10 hours over 40 don’t matter; you receive the same amount of pay as if you worked 40 hours.

Conversely, if you work 35 hours, you still get paid as if you worked 40.

A non-exempt employee is eligible for overtime for any time they worked over 40 hours in a week.

Overtime is paid at time and half, so if you normally earn $10 per hour, you would earn $15 per each hour worked over 40 hours in a week. Conversely, if you only worked 35 hours in a week, you’ll only be paid for those 35 hours, unless you used vacation or sick time.

If you’re not sure which category you fall into, ask your HR department for clarification.

I’d recommend scheduling a short face-to-face meeting to address any questions, then following up with a short email summary of the outcome. This way you have proof in case you ever need it.

2. Overtime Pay

Many companies have automated timekeeping systems, and employees believe their pay is being calculated correctly.

For the most part, it is — but not always.

I once worked for an employer whose system calculated overtime incorrectly; we had to manually override it with the right information.

Another company I worked for had employees write down their overtime on a sheet of paper — talk about room for error! Sometimes we couldn’t decipher the handwriting, and occasionally the sheet went missing altogether.

If your numbers don’t seem to add up, stop by your HR or payroll department. They can walk you through the calculation.

One employee would come in every payday and ask me to go over her paycheck with her. While this may seem a little extreme, I sat down with her each time until she was satisfied everything was calculated properly.

Diligent employees catch errors.

3. Benefits Changes

Once a year during open enrollment, most companies change certain aspects of their benefit plans.

Rate changes, plan changes, election changes… there’s a lot of change going on, which means more chance for error.

Always check your first pay stub after open enrollment. Make sure your plan, number of dependents and rates are all correct.

4. Raises

During my first year in HR, I had to calculate and import raises for my company. I messed up — badly — and gave 400 people the wrong raise.

I thought for sure I’d be fired.

Out of those 400 people, only about 25 noticed the error and came to HR. That means 375 people didn’t notice they’d received the wrong amount of money.

Don’t be one of those 375 people!

Make sure to get your salary change in writing and check that your first “new” paycheck accurately reflects the change.

As for me, I felt awful. By the next payroll, though, I’d resolved all the issues and, thankfully, wasn’t fired. (My takeaway: I never touched payroll again.)

5. Tax Exemptions

All of us complete a W-4 form when we start a job.  

Based on the number of exemptions you choose, the W-4 impacts the amount of tax taken out of each paycheck. If you take fewer exemptions, more money will come out of each check; when you take more exemptions, less tax comes off the top.

Don’t look at this form as a static document — you should revise it as needed.

When you first fill out your W-4, you’re at a certain point in your life. Six months or a year later, things may have changed.

Life happens: People get married, have children, get divorced and their children grow up. All these events may affect your taxes.

You can make changes at any time to a W4, and I suggest reviewing it at least once a year. I do so at tax time; I’m already looking at all my tax-related documents, so I might as well make sure everything is updated correctly.

While many companies try to do everything properly, mistakes can happen. Make sure you’re knowledgeable about where your hard-earned money is going — so you can keep more of it in your pocket.

Your Turn: Have any of these money mistakes affected your paycheck?

Laura Niebauer Palmer is a coupon-aholic who works in HR and just started her own blog at www.centsofpower.com. She enjoys finding creative and fun ways to make and save money, including mystery shopping and being a contestant on “Wheel of Fortune”!

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Barclays Takeover



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الأربعاء، 30 مارس 2016

Your Biggest IRS Nightmare: Identity Theft

Your worst taxpayer nightmare may have nothing to do with the amount of income tax you owe. You could find yourself a victim of tax return identity theft. Taxpayers' rights advocate Dan Pilla says there are steps you can take to fight back, but you have to act fast. 



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This Cool App Donates to Animal Shelters Every Time You Walk Your Dog

walk for a dog


It’s not where I expected to move to take a job with a tech startup, but I’ve gotta tell you: I love St. Pete.

One of the main reasons? I live a 10-minute walk from Tampa Bay.

And I take advantage of it: You can catch me there at least three or four days a week, taking in a breathtaking, Lisa-Frank-colored sunrise.

Well, me and my dog Odin.

Odin watches the Tampa Bay sunrise in Vinoy Park, St. Pete

Odin watches the Tampa Bay sunrise in Vinoy Park, St. Pete

Walk for a Dog: Help Animals Just By Taking Walks

I got Odin about a year and a half ago, a week before the first (and only) Thanksgiving I spent in grad school.

I’d only been in the program a month and a half, but it had become abundantly clear how ill-suited I was to both the program and the town. In rescuing Odin, I was also rescuing myself.

And one of the best parts of the rescue mission was taking long, winding walks — or at least as long and winding as Odin’s stereotypical greyhound laziness allows. :)

So I was excited to discover Walk for a Dog, a Wooftrax app raising money for dog shelters and other animal-related charitable organizations — just by taking the morning walks Odin and I already cherish.

How to Use Wooftrax to Put Your Walks to Good Work

Walk for a Dog is available for both Android and iPhone, and it’s simple and quick to get started.

After you register, you can customize your dog’s profile and upload a picture of your pooch.

Then, just tap the “start walking button” and get to wandering. Your smartphone’s GPS tracks your time and distance, and you earn money for your chosen organization!

Best of all? Your proceeds go to a local charity.

The app prompts you to choose your state and city, then populates a list of participating organizations. Fittingly, I chose Tampa Bay’s chapter of Greyhound Pets of America.

You can walk even if you don’t have a dog — just choose to walk “with” Cassie, CEO Doug Hexter’s rescue mutt.

Walk with Cassie! Also pictured: my inability to type Odin's name before 7 a.m.

Walk with Cassie! Also pictured: my inability to type Odin’s name before 7 a.m.

Once your walk is complete, you’re rewarded by the sponsors behind those donations you’re racking up. Provide an email address, and you’ll get coupons and freebies delivered right to your inbox.

It doesn’t matter how long your walk is or where you go — but you do need to log on and walk at least once a week to remain an active walker.

Your organization of choice gets paid depending on how many active walkers have chosen it as their beneficiary. So get your friends in on it to really make an impact!

Whether or not you’re an animal lover, this app is a sweet and easy way to do some good — without spending any actual money!

Plus, the app could get you started with a new, healthy activity — and what better motivation to get walking than cute, happy puppies?

Your Turn: Will you use Walk for a Dog to start raising money for animal shelters?

Jamie Cattanach (@jamiecattanach) is a staff writer at The Penny Hoarder. She also writes other stuff, like wine reviews and poems. Odin is a big, floppy dog whose favorite things in life are cuddles, couches and peanut butter. In that order.

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Vodafone mobile complaints rocket

Complaints about Vodafone’s mobile service rocketed in the three-months from October to December 2015, new data reveals.

Complaints about Vodafone’s mobile service rocketed in the three-months from October to December 2015, new data reveals. 

Telecoms regulator Ofcom says it received 32 complaints per 100,000 customers about the provider – up from 20 complaints in the previous quarter (July to September 2015) when it was also the most complained about.

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11 Places That Pay Their Employees to Live Closer to Work

Jobs that provide housing

The biggest time-suck for many Americans is commuting.

And their biggest money-suck? Housing.

A few companies are trying to solve the problem — and kill two birds with one stone — by paying their employees to live closer to work.

Not only does this help them recruit employees who otherwise wouldn’t want to live in high-rent areas, it also improves work-life balance — and retention rates.

Though many of us won’t be able to swing a housing benefit at our current jobs, or switch to a company offering one, it’s still interesting to read about.

Plus, being informed could help you negotiate for other perks.

3 Companies That Pay You to Live Close to Work

Here are three tech companies that help employees with housing costs.

1. Addepar

An investment management technology company with offices in Mountain View, Chicago, New York and Salt Lake City, Addepar pays employees to live nearby. For example, living within a mile of the Mountain View office gets you $300 a month.

“If you live within 15 minutes of the [New York] office you get $300 a month, within 30 minutes $150,” Lisa Minkin, VP of People at Addepar told CBS2.

2. Facebook

If a Facebook employee buys or rents a home within 10 miles of its Menlo Park, California, headquarters, the social media behemoth gives them a one-time bonus of $10,000 to $15,000.

3. Imo

This voice, video and chat messaging startup offers employees $500 per month to live within five miles of its Palo Alto, California, office.

In addition to the tech companies, a few cities have launched their own housing initiatives.  

Detroit

Through the city’s Live Downtown project, employees at Compuware, DTE Energy, Marketing Associates, Quicken Loans and Strategic Staffing Solutions can get big perks for moving downtown.

These include up to $2,500 toward the initial costs of renting, even up to $20,000 to use to buy a house.

Harrisburg, Pennsylvania

In Harrisburg, the city offers public servants $2,000 toward closing costs, reports PennLive, and PinnacleHealth gives full-time employees $5,000.

York, Pennsylvania

Thirty miles south, York College provides employees with up to $8,000 to buy houses within city limits.

Who knew these types of benefits were available? I sure didn’t.

If your employer doesn’t offer a housing benefit, consider asking for a raise instead.

And if you want to relocate, check out these awesome cities for working parents, or these cities that will pay you to move there.

Your Turn: Do you know of any other companies or cities that help with housing costs?

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

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4 Indirect Ways to Improve Your Search Rankings

I know you want it…

More organic search traffic.

Who doesn’t want free, high quality traffic, that comes in month after month?

That’s why SEO is such a big deal and one of the main topics I focus on—here, on Quick Sprout.

I believe that most marketers should be dedicating a significant portion of their time and resources towards SEO.

There are many things you can do that have a direct impact on your search traffic.

However, there is more to marketing than just SEO, and you probably know that.

The thing is, they don’t have to be mutually exclusive.

Just because some of your marketing isn’t specifically done to improve search traffic, that doesn’t mean that it can’t.

And this type of situation is more common than you might think.

In this post, I’ll go over four ways that can indirectly improve your search rankings.

This means that the primary benefit of these marketing techniques is not to improve search traffic, but there’s a good chance that, if done right, they might help you with your search traffic too. 

1. Following up with customers leads to extra benefits

This is a great place to start because there doesn’t seem to be an obvious connection to SEO.

But I assure you there is.

Getting feedback from your customers is always a great idea, but it can eat up a lot of time.

Some businesses figure they don’t have the resources to follow up continuously with customers and would rather dedicate them all to sales/marketing channels such as SEO.

However, if you get customer feedback and use it correctly, it can lead to some great backlinks in a few different ways.

Here’s the simple 2-step process you’ll need to follow:

Step #1 – Contact customers immediately after the sale: You have very few opportunities to open up communication with customers without annoying them.

After the sale is one of them.

Once someone purchases something from you, they’re usually excited to hear from you and possibly want reassurance that everything went well.

Send them an email that confirms their order and lets them know whom to contact if they need help.

Step #2 – Follow up after they’ve had time to use your product: The more important part, when it comes to potential SEO benefits, is to follow up with customers again.

Once they’ve used the product, they can tell you if they’ve had any problems or complaints. This is the main reason why you’d want to follow up—these issues are important to address if you want to retain happy customers.

In addition, ask for their feedback on their experience.

If someone says that they’re thrilled, that’s great. Then you should ask them to share their experience with others. Since they enjoyed your product or service so much, you’ll get a high percentage of these customers willing to help you out.

You have a few options that can help with SEO.

If you’d like to ask for a simple favor, ask them to leave a review on a big review site in your niche. For most niches, this will include sites such as Yelp and Yellow Pages.

Let’s look at an example of a search for a carpenter in New York:

image07

The top result is a Yelp business page, while the second result is Yelp’s internal search results for carpenters (another search listings page).

The second is most interesting here:

image09

This page orders businesses based on several factors, e.g., the number of reviews they have and how positive the reviews are (in addition to price).

As long as you fall into the default filters, the more good reviews you have, the higher your profile will appear.

Why does this matter for SEO?

Because the more prominent (higher) a link is on a page, the more weight it has.

This page has a lot of search engine authority (that’s why it can rank at #2), and it passes that authority mostly to the top profiles that it links to.

Those profiles all have links back to their corresponding websites, which, of course, improves those websites’ search authority.

Not only will reviews get you more direct business on these review sites, but that extra link power can help your rankings in search engines. Not by a ton, but by enough that you will notice it after a while.

The second option, which is best for high priced products, is to create a case study of the results your customer got.

Brian Dean at Backlinko does it all the time, both for his readers and actual customers:

image13

Case studies are typically really easy to promote, and they can get a ton of traffic and links.

I’ve created an extensive guide to creating effective case studies that you should read if you take this approach.

2. Get out of your shell and go to events

Just about every industry has several conferences throughout the year. No doubt you can find a few local events to attend if you wanted to.

Now, conferences can be a huge waste of time, but they can also be incredibly valuable.

Obviously, you go primarily to learn, but a huge secondary result can be the relationships you come back with.

Events are a great way to meet other people in your industry and explore opportunities to work together.

But guess what else happens?

When you email them down the line, asking them to check out your latest piece of content, most will be happy to read it and give feedback.

What’s even better is that if they have a chance to link to it within their own content, they usually do. These links can have a big impact on your search rankings if you make several connections per event.

Finally, even if your connections don’t manage their content, they can introduce you to the content manager for their business. You can explore collaboration opportunities or offer to create guest posts for them (which will give you more links to your site).

All of these potential benefits are important if you have to convince your boss that it’s worth sending you to conferences.

Finding conferences is easy: I won’t spend much time on this, but I’ll show you quickly how to find conferences.

Start by Googling:

(industry) conferences (year)

You could also try “events” instead of conferences:

image03

Typically, you’ll find a roundup of all the best events, often multiple.

Each of these results will give you a listing of events, separated by date, location, and audience:

image14

I recommend going through more than one list so that you don’t miss any good ones.

Remember that conferences can be either worthless or extremely valuable. The difference depends on how you spend your time at them.

That’s why I wrote the Beginner’s Guide to Conferences in the past. Give it a quick read.

3. Hire the best help you can get

If you’re truly creating “epic” content, chances are that you’re not doing everything on your own.

In most cases, you’re hiring freelance writers and designers to help fill in any gaps in your skillset.

Obviously, if you’re hiring the best freelancers you can afford, it’s because you primarily want to create great content.

That kind of content is the easiest to get to rank.

However, the very act of hiring freelancers will make it easier.

Let me explain…

Type #1 – Writers: Whether you hire a freelancer or offer them an attractive opportunity to collaborate, these relationships will often get you some extra high-quality backlinks.

A good set of examples are my ultimate guides (sidebar of Quick Sprout). For these guides, I teamed up with experts in each of the subjects.

I had some help from Kathryn Aragon writing The Advanced Guide to Content Marketing, for example:

image05

When someone helps create a piece of content of that quality, they, of course, want to show it off.

How?

By talking about it and linking to it.

It makes them look great to say they wrote or co-wrote an amazing piece of content.

Because of this, I didn’t have to ask Kathryn to link to the guide; she’s mentioned it dozens of times in her posts on other sites and social media (linking to it most of the time):

image10

Essentially, your writer will help you with the content promotion.

Type #2 – Designers: More commonly, marketers hire freelance designers to help create images for content.

The exact same principle applies here:

If you hire a freelancer to create something great, they will want to show it off in their portfolio, leading to great backlinks for your content.

Continuing with the example of my guides, I needed professional help to design them.

My designer had accounts on sites such as Behance and Dribbble, both of which are authoritative sites in the design niche.

Of course, they shared the images with links to those guides:

image00

Those links are the indirect benefit of working with great freelancers.

4. User experience optimization is a great use of your time

Creating a great user experience on your site and with your products is valuable for many reasons.

Typically, the main motivation for working on improving your users’ experience has to do with the conversion rate. It’s a good reason.

What most don’t consider is that this often inadvertently plays a big role in improving search rankings.

There are a few reasons why, but most applicable here is the concept of pogo sticking.

image02

Basically, if a Google user clicks on your page but then goes right back to the search results for another, it indicates to Google that your content didn’t satisfy the user.

Conversely, if most users stop on your page, you did a good job and are rewarded with better search rankings.

If you improve the user experience of your website, you’ll usually end up increasing the number of visitors that you fully satisfy, decreasing pogo sticking. This can indirectly improve your rankings.

User experience is extremely complicated, but there are three common factors we can focus on and look at the ways they affect pogo sticking.

Factor #1 – page load speed: Studies have shown that people will not wait for pages to load.

image08

Even a fraction of a second can affect 5-10% of people who will leave before they even see your content.

Ideally, you want your pages to load in less than 2 seconds.

You can test page load speed by using the Quick Sprout tool or a tool such as GTmetrix.

image12

Improving page load speed will have a huge effect on pogo sticking, but it’s also a direct ranking factor confirmed by Google.

It’s not a huge one, but factoring both of these aspects together, speed can make a big difference in rankings.

Searchmetrics found a huge correlation between a quick load time and the top Google positions:

image06

Factor #2 – clutter: One thing that makes a big difference in user experience is the amount of clutter on the page.

Most people are looking for one specific thing, so everything that’s unrelated on the page only serves as a distraction.

image01

Compare that to a site like Medium, where the content is essentially the only thing on the page:

image11

It’s no surprise that Medium posts rank well in Google. When a user clicks through, they easily find exactly what they’re looking for, leading to less pogo sticking.

Try to declutter your layouts as much as possible, taking out anything that your visitors don’t need to see.

Factor #3 – site architecture: Site architecture refers to the way all the different pages of your website are organized in relation to each other.

For our purposes, good site architecture essentially means you have organized internal linking.

Here’s what a good structure looks like:

image04

Everything is organized into topical silos.

When search engines crawl the site, it will be easier for them to determine the relevancy of your pages, which often leads to better rankings.

Conclusion

By all means, you should spend a lot of time and resources directly on SEO.

However, you can still focus on other areas of your business while also getting SEO benefits.

I’ve shown you four great business practices that accomplish valuable things plus give you indirect improvements to your search rankings.

I encourage you to incorporate as many of these as you can, without fearing that you’re neglecting your SEO work.

If you have any questions about the subject of this post, let me know in a comment below.



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Is Retirement Really a Gamble?

I recently came across an interesting article from Richard Eisenberg at Forbes entitled The Dicey Retirement Gamble Americans Are Making. in it, Eisenberg pieces apart the 2016 Retirement Confidence Survey from the Employee Benefit Research Institute. This study takes a look at the confidence people feel about where they’re headed in terms of retirement and compares that to their actual financial state.

Let’s be clear: the gamble Eisenberg is talking about is the gamble that you’ll somehow be able to make things work when you reach retirement age if you’re not saving for retirement. As the survey shows, that’s a gamble that a lot of Americans are taking.

Eisenberg is not impressed: “Unfortunately, from my reading of the survey, workers are far more confident about their prospects for aging into retirement than they have a right to be.”

First of all, Eisenberg notes that the study indicates a high level of retirement confidence among Americans: “The percentage of workers who are “very confident” about having enough money for a comfortable retirement has ratcheted up from 13% in 2013 to 21% this year, essentially plateauing from 22% in 2015, after sinking to record lows between 2009 and 2013. Similarly, those saying they’re “somewhat confident” have risen to 42% from 36% in 2015. Altogether, 63% are now confident they’ll have enough for a comfortable retirement.”

However, that confidence doesn’t reflect reality: “In this year’s EBRI survey, roughly four in 10 workers — 42% — said they and their spouses have less than $10,000 in savings and investments; 27% of those age 55+ (in fairness, however, another 26% have saved $100,000 or more). Of those without retirement plans, a stunning 83% have saved under $10,000, which makes a pretty strong case for requiring all employers to offer all employees retirement plans, either through a federal or state program.”

What will they do about this? Not much, unfortunately. “39% say they need to save at least a fifth of their income to retire comfortably. And how do the workers who say they’re putting away less than necessary plan to right their retirement ship? Well, 20% say they’ll need to save more later; 15% say they’ll need to work in retirement; 14% say they’ll need to retire later and 13% ‘don’t know what the impact will be.'”

What about the plan of working in retirement? “[R]oughly two-thirds of workers (67%) said they expect to work for pay after they retire. But just 27% of retirees actually do. Similarly, 37% of workers said they expect to retire after 65 (up from 11% in 1991), but only 15% of retirees actually did.”

Here’s what I took away from all of this.

First, there’s a pretty healthy slice of Americans that believe they’ll be fine in retirement but haven’t saved a dime yet. Unfortunately for those people, they almost assuredly won’t be fine in retirement. If you want to be in good retirement shape, you should start saving the first second that it’s possible to save, because the more you put it off, the harder it’s going to get.

Second, if you don’t have a retirement plan at work, it’s likely you haven’t saved anything at all. 83% of Americans who do not have a workplace retirement program have saved less than $10,000 for retirement. That’s a recipe for disaster, right there. The thing is, it’s not even that hard to save for retirement on your own, as almost every investment house offers a Roth IRA which makes retirement savings quite easy.

Finally, many people plan to work in retirement, but most do not. If you’re banking on working in retirement to supplement your lack of retirement savings, the truth is that it’s very likely something will keep you from working in retirement. Maybe it’s your health. Maybe it’s caring for someone else. Maybe it’s something different entirely.

That picture does indeed add up to a gamble. Many Americans are simply gambling that some kind of financial miracle will occur to make retirement easy for them, whether they think about it that way or not. Unfortunately, that financial miracle is pretty unlikely to happen.

This seems like a bleak picture, but it’s a bleak picture with an incredibly easy solution. Just start saving for retirement now. That’s really all you have to do.

What this study indicates – and what I’ve heard from many other people – is that the one thing that holds them back from saving for retirement is the concern that retirement savings is going to eat into a budget that’s already very tight. If you’re already struggling to make ends meet – and depending on how you look at it, as many as 76% of Americans are struggling – putting aside even a sliver of your money each week or each month can seem like a very challenging and very risky proposition.

It’s not.

For starters, when you start saving for a big goal like retirement and have that money taken out automatically right off the bat, you really don’t miss that money. Instead, you just stop spending money on less important things, but you do it in a way that you barely even consciously notice. Maybe you have a couple cheaper meals here and there, but you forget about it five minutes later. Maybe you skip out on a treat from a convenience store, but it’s forgotten within ten minutes.

For another, not having that money in place guarantees that you’ll have a bunch of hard decisions to make when you approach retirement age. The fact of the matter is that Social Security alone creates a very tight living situation, one where you’ll likely not have enough money to go around. Take a look at your most recent Social Security statement – could you live a pleasant life on that amount?

The way I look at retirement savings is simple. I’m putting aside a little bit of my money right now to pay for my life when I’m old and no longer able to work. Like it or not, I’m going to grow old. So are you. There’s going to come a point where work becomes a pretty miserable proposition, and when that time comes, every single dime you put aside is going to be a godsend.

But what if you can’t possibly afford to save for retirement? What if your financial state is so precarious that you can’t handle saving $6 out of every $100 in your paycheck?

If that describes your situation, you’re already in a tremendously risky state. You’re walking on the high wire, hoping that nothing comes along and causes everything to fall apart. If your financial state is that tight, something as simple as an illness or a job loss or even a car problem can cause everything to come crashing down.

If you’re in that kind of high wire situation, your primary focus shouldn’t be on retirement. It should be on getting your day-to-day finances in good enough shape so that there isn’t an ever-present threat of losing everything if one or two little things go wrong.

Once you step off of that day-to-day high wire, it suddenly begins to look really easy to save a little bit for retirement. It no longer seems like a dicey proposition at all.

So, how do you step off of that high wire? How do you undo this “gamble”?

Again, it’s easy. The immediate solution is to cut your spending in some way. Spend some time figuring out where every dollar of your income goes, then figure out what you can cut out of that. Maybe you can start taking the bus to work to save on gas and parking. Maybe you can cut your home energy bills by turning off the A/C and/or furnace and opening the windows. Then, don’t spend that saved money immediately; instead, channel it into other things that will improve your finances, like installing LED light bulbs (which will cut down on your electric bill) and paying off your credit cards (which will cut down on the finance charges and interest that you pay). As you can see, it all starts to snowball.

At the same time, do what you can to earn more. Maybe this means trying to get more hours at work, or taking on a second job. Maybe it means trying to start a side gig of some kind, such as mowing lawns or creating Youtube videos. If you can turn your spare time into something that’s cash-positive, then you’re going to be headed in the right direction.

If you do these two things together, you’ll slowly find yourself stepping down from the high wire. You’ll slowly find yourself with more breathing room. And you’ll slowly find yourself with the means to start saving for retirement.

The only gamble when it comes to retirement savings is not saving at all. Don’t take that risk.

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This Simple Strategy Makes Budgeting So Much Easier

Budgeting tips

Between my boyfriend and me, I help manage three checking accounts and two PayPal debit cards. We’re about to add two credit cards to the mix.

Tracking expenses across multiple payment tools is tough. It means I never know exactly how much money I’m working with or just how much I’ve spent for the month.

How am I supposed to tighten my budget and start saving money if I don’t even know what I’m working with?

Streamlining to one main payment method could make this easier.

Credit, Debit or Cash — Which is Best?

We won’t prescribe one method over another. You have to decide what works best for you.

Do you manage your expenses well with a credit card and pay off your balance each month? Choose a card with rewards you can use, and stick with that.

Are you, instead, prone to spending beyond your means when you charge it?

If you’re racking up interest and poor credit, you’re probably better off skipping the rewards until you can budget better. Restrict spending to your debit card.

And if you’re being hit with overdraft charges or losing track of your budget even with the one debit card?

Try sticking to cash.

You can’t spend it if you don’t have it — that’s the simplest budgeting trick there is.

How to Budget With Multiple Payment Methods

If you decide you need variety in your life, use tools to help track your expenses across multiple sources.

Try these to get a snapshot of your budget in one place, regardless of your payment methods:

Level provides a graphic view of your income and expenses, and lets you know how much you can spend on a given day, week or month.

Mint lets you see all your accounts, cards, bills and investments into one place.

Mvelopes is a web and smartphone app that sorts your budget into digital “envelopes” to manage spending.

Your Turn: Do you use multiple cards and accounts, or just one? What tips can you add for sticking to a budget?

Dana Sitar (@danasitar) is a staff writer at The Penny Hoarder. She also writes about writing, life, comedy and love and attempts humor wherever it’s allowed (and sometimes where it’s not).

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