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الاثنين، 27 مارس 2017

10 Ways Your Local Library Can Help You Overhaul Your Career

This may make me a horrible writer, English degree holder and book lover, but I’ll confess: I haven’t been to a public library since I graduated college. (I blame the internet and Amazon’s Kindle.)

That said, I know that libraries offer a wealth of free resources I could tap into at any time — including some things you might be surprised to learn about.

They also have a wealth of resources that can help you in your job search, whether you’re in need of a better resume, interview tips, help finding the right position — or all the above and then some.

Read on to learn how your nearby public library could be your secret job search weapon.

The best part about the services on this list? They’re totally free.

1. Internet Access

Forget shelling out money for pricy food and drinks or wondering when you’ll get kicked out of your seat for loitering; your days of hunkering down at the coffee shop are over. A library is the perfect place to search for and apply to jobs, network on social media and more.

In addition to offering computers with internet access, now most libraries also offer free Wi-Fi, which means you can take your laptop, find a quiet nook and work to your heart’s content without fear of being interrupted or distracted.

2. Books and Magazines and Reference Materials (Oh My!)

Looking to transition to a different field but not sure what would be the best fit for you? Thinking of going back to school and wondering which colleges specialize in your subject area? Need to brush up on your interviewing skills?

Whatever you’re looking for, your public library is chock-full of books, ebooks, magazines and more to help you find it. If it doesn’t have a particular title in its own stacks, chances are the staff can request one from another local branch.

3. Software and Training

Resume templates, cover letter builders, job search databases, civil service exam study guides, salary calculators… Whatever phase of the job hunt you’re in, you’ll find plenty of tools to make it easier. Many libraries also provide on-site training in popular workplace software, like Word, Adobe and Excel — perfect for anyone who wants to add to their skill set or brush up on a program they haven’t used in a while.

4. Career Workshops

Check out your local branch’s workshop schedule for classes on career-related topics, like resume writing and interview prep, as well as lessons in basic fundamentals, like writing and math, that can help you succeed in any job.

5. Continuing Education

Career skills aren’t the only things you can learn at your public library; many provide free access to adult learning programs, like Coursera, Lynda.com and GED/high school equivalency courses. If you’re thinking of transitioning to a new field or want to beef up your knowledge to go further in your current field, this is a great way to do so.

6. Business Center Services

Sure, you could go to a FedEx or UPS store to print copies of your resume and scan it for online job applications — or you could do it at the library for free. We’d choose free.

7. Career Center Services

Remember when you were a college student and just had to stop by your campus career center for help with whatever job search struggle you were facing? Many libraries now offer the same services, including access to online education portals, career training and coaching, help completing applications and more.

The New York Public Library, for instance, provides pro bono career coaching in 50-minute, one-on-one sessions. At the Greensboro Public Library, you can make an appointment with a job and career counselor for services such as vocational guidance and resume help. The San Francisco Public Library offers a regular Job Seekers’ Drop-In Lab and life coaching.

Many libraries also offer access to LearningExpress Hub’s Job & Career Accelerator, which features a wide array of skill assessments, tutorials, sample resumes and even a personalized job search dashboard.

8. Employment Partnerships

Get a leg up on job seekers by taking advantage of the employment partnerships many libraries have entered into.

By partnering with companies, business organizations and educational institutions on the local, state and national levels, these partnerships provide things like additional training, job placement and matching services, and networking opportunities.

9. A Quiet Environment

When you’re evaluating job offers, composing compelling cover letters and trying to find the perfect words to sum up your credentials for your resume, you need to concentrate, and that’s not always easy at home or in a public area with a Wi-Fi hotspot. Libraries are the perfect place to shut out life’s distractions and get down to business.

10. Librarians

The job search can be daunting, but your friendly, highly trained librarians are there to assist you in navigating it all. From research assistance to tech help, you’ll find a judgment-free, trustworthy sidekick whose job is to be as helpful as they possibly can. No question is too big or small, and if they don’t know the answer themselves, they’ll help you track down the best place to find it.

This list is by no means exhaustive, and each public library has its own mix of resources and tools. Be sure to ask your librarian what their branch offers to guarantee you get the most of your visit.

Your Turn: Have you used your public library for your job search? What resources did you find there?

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

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Five Expenses We Didn’t Have to Deal With in the ’80s

Remember the ’80s? The stonewashed jeans? Hypercolor t-shirts? The bad hair and cheesy tunes? Punky Brewster, Alf, and Garbage Pail Kids?

If you were a child of the ’80s, you probably wore bright neon colors and tight-rolled your jeans. You watched VHS tapes and recorded songs off the radio with cassette tapes. Your first real introduction to technology was probably Oregon Trail or Nintendo. Heck, some of us wore jelly shoes and worshiped Pee Wee Herman.

And that’s just if you were a kid.

If you were an adult in the ’80s, you probably endured your share of M.C. Hammer and big bangs, too. On the plus side, however, it’s possible you had a lot fewer bills to worry about.

Think about it: Modern technology was in the works in the ’80s, but most gadgets hadn’t become mainstream. Early car phones were the size of a small briefcase, and 1980s-era computers were clunky, slow, and largely colorless. Heck, just Pac-Man was a technological feat!

We could argue all day about whether life was better or worse before the internet, cell phones, and other modern marvels transformed our lives. But there’s no denying the number of new monthly bills people have today. Here are five expenses almost nobody had to factor into their budget just a generation ago.

#1: Cell Phone

While cell phones were technically invented in the 1970s, they didn’t become available to the masses until the ’90s. And those early cell phones were awkward and hardly usable.

Many of us can recall our first cell phones and their crazy usage plans. In the late ’90s and early 2000s, it was commonplace to pay 10 cents or more per text message, and cell phone usage was billed by the minute — but hopefully your plan offered free calls on nights and weekends.

Nowadays, with our smartphones sucking up expensive wireless data, an average cell phone bill can easily top $100 a month or more, especially for family plans. And it’s totally normal for a new smartphone to cost $600 or more, which many people simply tack on to their monthly bill over the course of two years.

The ability to stream YouTube videos on the bus is pretty amazing when you think about it, but it certainly wasn’t something people paid for in the ’80s, when most families had just a land-based home phone bill to worry about.

#2: Internet Service

The internet didn’t become available to consumers until the ’90s (which is perhaps one reason those of us who grew up in the ’80s spent so much of our childhoods playing outside).

Some of the first internet service providers are history now — remember Prodigy? Netscape? The pages loaded so slowly, the internet was hardly worth using back then. And obviously, there was no such thing as Facebook, Twitter, Instagram, or YouTube, either.

The internet has changed our world in too many ways to count, but it’s also added a new burden to the 21st-century budget. The average internet bill has been climbing steadily, reaching $47.30 a month at last count, according to a 2015 analysis by Quartz.

This monthly expense is one that appeared out of thin air once the internet took hold, but it affects nearly everyone and shows no sign of disappearing.

#3: Cable TV (or Netflix & Hulu)

While cable television reached major markets in the 1970s, many households didn’t even bother with cable TV until the mid- to late-’80s or ’90s. Instead, people relied on old-school antennas that helped them access local broadcast stations and news networks.

In 1980, there were only 16 million cable TV subscribers in America, and they paid about $7.50 a month ($22 in today’s dollars) for the service — typically a very basic package with 20 some-odd channels, including pioneers like ESPN, CNN, and MTV. By 2016, there were between 99 million and 116 million cable subscribers, who were paying an average bill of $104 a month.

These days, it’s a lot cheaper (and increasingly common) to skip cable and opt for cheaper streaming services instead. Enter Netflix and Hulu, to name a couple of them. Both services offer streaming television videos for around $10 a month. While that’s cheap compared to the average cable bill, these services were unheard of just a few decades ago, when most Americans simply watched their TV shows for free.

#4: Paid Radio Subscriptions

If you grew up in the ’80s, you know that radio was huge! Without the internet to keep you occupied, you could find your favorite tunes on the radio — and maybe even indulge in some light copyright infringement by recording them live (praying that the DJ wouldn’t talk over the whole intro). Of course, the radio was free as long as you didn’t mind enduring countless commercials that cut into your listening pleasure.

Satellite radio services such as Sirius XM Radio didn’t launch until after the year 2000, though they did change radio for the long haul. With these new services, you could pay for radio service to score premium content and niche channels without all the commercials and interruptions.

If you had told a mom in the ’80s she’d be paying for radio one day, she may not have believed you. But today, you can pay around $15 a month for a satellite radio subscription, and more than 30 million people do just that. Another 50 million pay $5 to $15 a month for a Spotify streaming radio subscription.

#5: Gym Memberships and Streaming Fitness Subscriptions

While fitness clubs with monthly memberships have been around for decades, they really caught fire during the vainglorious ’80s and have continued to grow ever since. Remember the old Gold Gyms that featured mostly free weights, beefy men in tight shorts, and aerobics classes taught by legwarmer-clad, onesie-wearing ladies?

Those gyms of the old days have been reimagined to fulfill 21st-century needs – with on-site coffee shops, daycare, and fancy exercise equipment no one could dream of using in the 1980s. They’ve also become a much bigger part of our lives and a bigger drain on our wallets. There were just 3,000 fitness clubs in the United States in 1978, according to a 2008 study by Bentley University’s Marc Stern; by 2015, there were more than 36,000, taking in more than $25 billion in total revenues.

The ’80s also saw the stratospheric rise of fitness videos like “Jane Fonda’s Workout,” first released in 1982. And obviously, VHS-era exercise programs have now gone online. Due to their busy lifestyles or the ease of technology, many exercise enthusiasts choose to bring the workout home through online subscription services these days.

Daily Burn and Beach Body are two companies that make exercising at home easy with any computer, smartphone, or tablet. Both offer a free 30-day trial, then cost less than $15 a month to maintain.

Since the average gym membership rang in at $58 in 2016, these services are actually an upgrade from an earlier time when your choices were the gym or bust.

Were the ’80s Cheaper?

The ’80s were notoriously crazy, with embarrassing hair, awkward fashions, and dance music that still perplexes us to this day. But, were the ’80s cheaper? It really depends.

There may be more ways to spend money than ever before, but technology has also made our lives cheaper and more convenient, too. And while some core expenses, such as healthcare, housing, and education, have skyrocketed since the 1980s, others, such as cars, TVs, and food, have actually gotten cheaper when adjusted for inflation.

Either way, it’s fun to remember a time when boy bands reigned and even hair had wings.

Holly Johnson is an award-winning personal finance writer and the author of Zero Down Your Debt. Johnson shares her obsession with frugality, budgeting, and travel at ClubThrifty.com.

How do you think your bills are different in 2017? What bills would you add to this list?

Related Articles:

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NHS prescription and dental charges set to increase

NHS prescription charges in England are to increase by 20p to £8.60 from Saturday 1 April 2017.

NHS prescription charges in England are to increase by 20p to £8.60 from Saturday 1 April 2017.

The standard prescription charge pays for each medicine or appliance dispensed by a pharmacy and will increase to £8.60 for the 2017/18 tax year.

In the rest of the UK prescriptions continue to be free of charge.

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Moms Can Have It All As A Home-Based Travel Agent With Cruises Inc.

Sponsored by Cruises Inc. Juggling a career and family is no easy task. Imagine being able to run your own business from home, without having to handle the complex responsibilities that go along with it. Or talking to clients on a daily basis who are excited to work with you. This does not have to […]

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الأحد، 26 مارس 2017

Thinking About Renting Out Your Home? 15 Tips to Maximize Your Income

Here’s How Much the Average American Pays in Interest Each Year

From the moment we’re born, we’re taught that borrowing money is normal and, dare I say it, expected. From mortgages to car loans to $700 smartphones we pay for over 24 months, we’re taught to spread the pain of our purchases over the course of many months or years.

Obviously, this mindset isn’t always bad. With housing prices surging toward all-time highs, taking out a mortgage is the only way most of us will ever own a home. Student loans can be a great investment — albeit an expensive one — that can lead to a lifetime of higher wages. And of course, small businesses often need to borrow to get their ideas off the ground. Without an infusion of cash, many of the world’s smartest business ideas would never have a chance.

How Much Interest Does the Average American Pay Each Year?

But all that borrowing doesn’t come cheap. Every time you put something on plastic or spread out the payments, you’re effectively paying more for the very same item in the form of interest owed to the bank or lender. Credit is absolutely convenient, but it has a real cost, too.

Have you ever wondered how much the interest you pay on myriad purchases adds up over a year, or even a lifetime? Or how much you could save if you avoided financing and paid for things in cash — even half the time?

Believe me when I say the costs of borrowing are staggering. Here’s how much interest the average American household is paying on, well, just about everything:

Mortgage Interest: $5,646

The median price of a home sold in the United States climbed to $260,900 in February, according real estate brokerage Redfin. That’s great news for those who bought their homes when prices were lower, but a tough pill to swallow for young people entering the housing market for the first time.

With the average interest rate on a 30-year, fixed-rate loan sitting at 4.44% as of this writing, someone purchasing a median-priced home with a typical 20% down payment would owe $169,390 in interest over the 30-year life of their mortgage — or $5,646 a year in interest.

Of course, there are plenty of caveats to consider: Not everyone owns a home, and many who do purchased theirs years ago. Plus not all home buyers need a mortgage, and the mortgage interest tax deduction takes at least some of the sting out of that interest payment. But it’s a pretty fair starting point, and it’s one that leaves many American families in the hole from the outset.

Auto Loan Interest: $769 to $895

The average new car loan in the fourth quarter of 2016 worked out to $30,621, according to a recent Experian survey, while the average used car loan was $19,329. These loans extended for an average of 68 months and 63 months, respectively, with average interest rates of 4.74% and 8.50%.

Put all these figures together, and the average new car owner pays $4,356 in interest over the course of a 68-month loan, or $769 a year. The average used car buyer, on the other hand, despite borrowing less money, would pay $4,700 in interest all told, or $895 a year.

Credit Card Interest: $855

You can make a case for home and even auto loans, but credit card debt is simply bad news. The average credit card debt per cardholder — and there are now 133 million of us in the United States — was $5,247 in June 2016, according to a report by TransUnion.

With the average APR on all credit cards up to 16.3% as of March 2017, the average cardholder who carries a balance — and there are a lot of them: 43.3% of cardholders are considered “revolvers,” meaning they carry a balance from month to month, versus the 29.2% of “transactors” who pay off their balances each month — is paying $855 a year just in interest charges.

Student Loan Interest: $641

America’s collective student loan debt is up to an astonishing $1.4 trillion, according to the Consumer Financial Protection Bureau, a burden that’s borne by more than 44 million borrowers. That works out to about $31,818 per borrower. (Borrowers in the class of 2016, meanwhile, left school with an average debt burden of $37,172, according to Student Loan Hero.)

Student loans are notoriously complicated, of course — they come in many different types and with varied interest rates — so it’s hard to come up with an average rate across the board. As a proxy, we’ll use this year’s federal interest rate for direct unsubsidized loans for undergraduate students, which is 3.76%.

Even at that fairly low rate, the average student loan borrower on a standard 10-year repayment plan will pay $6,405 in interest in total, or an average of about $641 a year. Borrowers who take out private loans could end up paying even more than that.

Borrowing Adds Up Fast

So, let’s put it all together: If you’re an average American family with a mortgage on a median-priced home, at least one car payment, an average student loan burden, and just one credit card with an average balance, you could be paying $8,037 or more just in interest each year.

That’s a whopping 14% of the median household’s income that might be going toward, well… nothing, really — just the pricey privilege of purchasing on credit.

And that’s just the basic stuff: If you finance other consumer goods – like furniture, your smartphone, or a motorcycle or boat – or if you owe money on personal loans or home equity loans, you could be signing off a whole lot more of your paycheck to the bank each year.

While borrowing money can make a lot of sense – and even leave us better off in the long run – it’s important to note how the interest we pay each month, and each year, adds up in a big way. Not only does the debt we take on leave us making payments for longer stretches of time, but it leads to higher interest payments (and more money down the drain) over the course of our lives.

Before you borrow money, make sure you know the full cost of the loan – and not just what your monthly payment will be. Then, brainstorm ways to borrow the least amount of money possible. You might need a new car to get to work, for example, but nobody needs to borrow $45,000 for a new SUV. By borrowing less, you’ll whittle down the amount of pointless interest you’re paying each year, and increase the amount you can save toward your financial goals — not the bank’s.

You can also try sticking to cash when you can, or saving up a large down payment when you absolutely have to borrow money. The less money you can borrow over time, the better off you’ll be.

Holly Johnson is an award-winning personal finance writer and the author of Zero Down Your Debt. Johnson shares her obsession with frugality, budgeting, and travel at ClubThrifty.com.

Related Stories:

Have you ever added up how much interest you pay each year? What would you add to this list?

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السبت، 25 مارس 2017

Monroe Conservation District: the builder's friend

Local agency gives up partial enforcement duties, shifts focus

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Verizon wants tower near Stroudsburg-Pocono airport

Verizon Wireless wants to put a communications tower in Smithfield Township. The company submitted an application for conditional use approval, which township supervisors will review during a public hearing on April 26.Verizon would build on a property owned by Vigon Industries, Inc., a manufacturing facility near the Stroudsburg - Pocono Airport on Airport Road. The tower would be a separate structure from the existing Vigon buildings.Current plans place the tower at a height [...]

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The Power of the Spice Rack: How Simple Spices, Aromatics, and Other Simple Additions Can Transform Bland Staples Into Amazing Foods

I am a huge advocate for making low cost meals at home. It’s been one of our biggest money savers over the past several years, trimming our cost per meal for our family well below $1 per meal, which means we can feed a family of five for about $400-450 per month, and we do it with delicious foods that we all like and still afford to eat out or get takeout every once in a while.

A big part of that savings comes from simply using staple foods as often as possible. We use rice and beans and eggs and peanut butter and pasta and low-cost produce for many meals – you can see a full list of the low cost staples that make up the backbone of our diet. However, on their own, those foods can be pretty bland. Plain rice? Plain beans? Yeah, not exactly the most flavorful or exciting foods in the world.

The trick, of course, is to season them well with herbs and spices when you’re cooking them. Salt can make almost everything that’s not sweet taste better, of course, and black pepper helps with most things, but those two just scratch the surface of what you can do with a good selection of herbs and spices.

The problem, of course, is that it’s often hard for someone new to the kitchen to know what spices to use with what foods. If you season something the wrong way, you end up with something that can be less than appetizing. What can a person do?

Honestly, I started figuring out the mystery of flavoring foods by simply trying lots of simple recipes at home and seeing what I liked. I picked up a bunch of cookbooks full of “simple recipes” that mostly revolved around cooking and spicing one or two key ingredients appropriately and I noticed what was tasty and what wasn’t. Based on that, I have a good idea of how to add herbs and spices to various staple foods to make them quite tasty.

Still, it would have been useful at that earlier point to simply have a thoughtful guide as to how to season many staple foods in a way that I might enjoy rather than having to make lots of recipes and trial by error. What do I add to rice to make it flavorful? Beans? What can I do with peanut butter? What can I do with leafy greens?

It’s easy to find long lists of herbs, spices, and other flavorings, and what you can do with them, but today I’m going to give you the reverse. I’m going to list a bunch of staple foods you can buy really inexpensively at the store and give you several options for adding flavorful items to them. In most cases, all you have to do is cook the item and add the suggested spice when cooking or at the end of the preparation.

Not all of these will click perfectly with your taste buds, of course, but trying them out is so incredibly simple and most of them will result in a pretty tasty experience, giving you another low-cost food you can add to your repertoire.

Beans

Beans come in a wide variety of shapes and sizes, but most maintain a simple earthy flavor that, although I love it on its own, can prove to be a bit on the bland side. I vastly prefer cooking dry beans at home on my own. Here are some herbs, spices, and other seasonings you can add to amp up beans.

Salt Salt can bring beans to life and can help with almost anything else on this list. Add salt to taste by mixing them into the beans if you’re doing it early on in the process if you’re boiling dry beans yourself. Typically, canned beans are already salted, but trust your own taste buds.

Onions and/or peppers, chopped and sautéed Just chop up some white onions and peppers of almost any kind – bell peppers if you don’t want anything too spicy or your hot pepper of choice if you do want some heat – and cook those chopped vegetables in a skillet with a bit of oil until the onions are beginning to turn brown. Then add a bit of water to the hot skillet and dump the whole mix right into the beans. You can do this after the beans are finished cooking to make the liquid between the beans much more flavorful, or you can do it early in the cooking process to put some flavor straight into the beans (though you’ll lose a lot of flavor when you strain the beans). With canned beans, you can just mix this in afterward. I usually use about an eighth of a small white onion and about half again as much diced peppers per cup of beans.

Chopped garlic or garlic powder Heat some chopped garlic in a saucepan or skillet for just a minute or so, or add a spoonful or two of garlic powder. I suggest going light with this at first and then adding it slowly until it tastes right.

Cilantro To some people, cilantro tastes citrus-y. To others, it tastes like soap. If you’re on the citrus side of the equation, half a teaspoon of dried cilantro per can of beans (or a quarter teaspoon per cup of cooked beans) or a tablespoon of fresh cilantro will add a nice citrus-y fresh flavor to the beans.

Cumin Cumin is a wonderful addition to beans if you’re going to use them in a soup or as part of another dish (such as enchiladas). Add half a teaspoon of ground cumin per cup of cooked beans and you’ll have some great earthy flavor that makes the entire dish taste deeper and more full-bodied.

Cayenne or chili powder Both of these are ground peppers that add “heat” to beans. You should add both of these to taste, as different people have different levels of heat and chili flavor that they desire. These are great if you intend to make a spicy dish or you’re making chili.

So, for example, let’s say I’m cooking beans for a black bean “chili” recipe. I’m going to add a bit of salt and ground black pepper, chopped white onions and peppers, some chopped garlic, some cumin, and some chili powder and a bit of cayenne right into the beans along with a bit of liquid and I have the backbone of my soup right there. If I’m making enchiladas, I’ll probably use some cilantro and maybe a bit less cumin. If I’m making a white bean soup, I’ll just use the onions and peppers, the garlic, and the cumin and skip the other stuff.

Rice

Rice is something of a blank slate, even more so than beans. You can add almost anything you want to it to make it delicious.

Broth If you’ve cooked anything flavorful recently, save the broth from whatever it is that you cooked and use it to cook up the rice. You can save soup broth or broth from cooking a chicken or you can even make your own broth/stock by boiling vegetable scraps or bones and saving the liquid. Salt and pepper in the broth brings out even more flavor.

Soy sauce Just a bit of soy sauce in cooked rice makes all of it taste amazingly flavorful. It’s much easier to acquire than the ingredients that make it up, too – it’s a great “flavor simplifier.”

Curry powder Curry powder is just a convenient mix of several spices – curry leaf, coriander, turmeric, cumin, fenugreek, and chili peppers, with some variants having things like ginger, garlic powder, mustard seed, cinnamon, and other things. You can honestly use any of the basic ingredients in curry powder to liven up rice, but the mix that is curry powder really does a good job.

Onions and/or mushrooms and/or peppers, chopped and sautéed The strategy here is much the same as it is above, with adding peppers and onions to rice. Just add a bit of oil in the pan, toss in these ingredients over medium-high heat, and cook them, tossing them around until the onion is just turning a bit brown. Add a bit of liquid to the hot skillet and add it straight to the rice, mixing it around in there. You’re going to make all of the rice have a wonderful flavor that you can happily eat just on its own or you can serve along with almost anything.

Salsa The ingredients in salsa are almost all perfect for rice seasoning, so why not just mix salsa straight in there? Tomatoes, cilantro, onions, peppers, lime juice, cumin, peppers – they’re all good with rice, and salsa is just a mix of those things.

Cinnamon and sugar This one is near and dear to my heart because it was something my mother used to fix as a snack when we had extra rice when I was a kid. She’d simply take a cup or so of rice, mix in half a teaspoon of cinnamon and what seemed like a tablespoon of sugar, and warm it in the microwave for a sweet snack. You could use it as a side dish as well, or just sprinkle the cinnamon and sugar on top of warm rice.

Leafy Greens

First of all, let me state that you can flavor leafy greens with almost anything you can imagine and it will probably be interesting and tasty. However, there are a few general guidelines that will guide you toward something flavorful for your leafy greens.

Simple dressing Just mix four parts olive oil to one part white vinegar or red wine vinegar. That’s it. Into that, you can add all kinds of things, then toss the mix with the leafy greens to make a tasty salad.

Things you can add to simple dressing include pureed berries, a small amount of sugar, salt, garlic powder, pepper, thyme, basil, oregano, celery powder, and parsley. Be very careful with mixing sweet and savory ingredients together, as you can result in some questionable flavors. I suggest trying just one or two ingredients at a time and seeing what you like.

Heating the dressing is also often very tasty, as it changes the texture of the leafy greens.

Fresh fruits You can toss small fresh fruits with almost any leafy greens to add some sweetness and flavor variety to them. You can mix anything from berries to mandarin orange slices to bits of apple to greens. You can also squeeze citrus fruits and add their juice straight to leafy greens, along with the zest of their skins.

Peanut Butter

Most people see a jar of peanut butter and think of the traditional standby that is the peanut butter and jelly sandwich. Don’t get me wrong, I love a good PB&J, but there are many other interesting things you can do with peanut butter.

Soy sauce I’ll mix about two teaspoons of soy sauce with a cup of peanut butter and mix it in with some pasta for a very simple and amazingly flavorful meal. You wouldn’t think this would work, but it actually works really well with the slight sweetness of the peanut butter playing off of the strong savory soy sauce and the texture of the pasta. It’s delicious!

Small fruits, nuts, and seeds Just mix a ton of small fruits – preferably dried ones, like raisins or dried cranberries – and nuts and seeds in with a bit of peanut butter until they all just stick together and you have yourself a simple snack bar. You can use almost anything here and it works – I recommend flattening out this mix, cutting it into bar shapes, and storing them in the freezer individually wrapped with cling wrap.

Cocoa powder You can turn peanut butter into a peanut-butter-and-chocolate dream by just adding a bit of cocoa powder to it. You can overdo this really easily, so just use a little bit – like a half a teaspoon of cocoa powder per cup of peanut butter – and then slowly move up from there until you find the right balance of texture and flavor.

Chicken

Chicken is incredibly inexpensive and reasonably flavorful on its own, but it also meshes so well with so many different flavorings and spices. You can do all kinds of things with chicken! Here are just a few examples.

Garlic You can use garlic powder or minced garlic, but all you have to do is mix it in a bit of olive oil with a bit of salt and pepper and then spread it all over the chicken before you cook it, whether you grill it or bake it or use other methods. It’ll imbue a wonderful garlicky flavor right into the chicken.

Oregano This will add a bit of “Italian” flavor to chicken. You just do the same thing as you would do with the garlic – mix it with a bit of olive oil and coat the chicken. You can even let it rest in the olive oil with oregano for a while to soak in the flavor.

Rosemary Rosemary always adds a bit of lemony flavor to anything, at least to my taste buds, and that flavor also pairs well with chicken. Again, a bit of olive oil, a bit of rosemary, a bit of salt and pepper, all mixed together and coated on the chicken.

Mustard powder (with honey) For a different approach, try mixing a bit of mustard powder in with some honey and very lightly coating chicken pieces with it. In this case, you wind up with a sweet and spicy glaze on the outer surface of the chicken with a bit of the sweet and sour soaking in through the chicken juice. Again, this is recommended if you grill or bake the chicken.

Chili powder A light dusting of chili powder that’s stuck on the natural moisture of the surface of the chicken creates a great flavorful outer layer, and some of that is absorbed into the meat itself by the chicken’s natural liquids. Spread this on and cook as you will.

Eggs

Eggs are one of my favorite foods of all time. I love poaching them, scrambling them, frying them, hard boiling them, soft boiling them. I love just eating them with just a bit of salt and pepper on them and I’d never get tired of them. However, there are some simple things you can do to add even more flavor variety.

Chili powder Sprinkle some chili powder on an egg as you’re cooking it or on a hard-boiled egg afterwards to add a great kick of spice and flavor to the finished product. Again, amounts vary according to individual taste – try adding a little this time, then gradually kick it up until you find the right level for you that isn’t overpowering.

Tarragon I love adding tarragon – whether fresh or dried – to scrambled eggs, as it adds this tiny subtle bittersweet flavor that just adds something amazing to eggs when used in small amounts. I love putting a few dashes of tarragon into scrambled eggs along with some salt and pepper.

Chives Chives go great in scrambled eggs as well, adding a bit of an oniony flavor to the eggs. We’re lucky enough to have a great patch of chives behind our house which we use heavily throughout the growing season and chives are almost a constant in our scrambled eggs.

Dill and paprika I like using these two together with a light dash of each on a hardboiled egg or mixed together with the yolk to make a simple “deviled egg.” They just add a wonderful zest to the flavor of egg yolk.

Thyme A bit of dried thyme adds a wonderful earthy flavor to eggs, so I like to sprinkle a bit on top of a fried egg as it’s cooking when I know I’m going to pair it with something like toast with butter. Thyme just wonderfully complements a fried egg, in my book.

Sweet Potatoes

Sweet potatoes are one of my favorite low cost secrets from the grocery store. I love baking sweet potatoes, mashing them, and cutting them up into strips and coating them with a bit of oil to make “oven fries” by baking them. Of course, a bit of flavor never hurts…

Oregano Whenever I cut sweet potatoes into strips for “oven fries,” I coat them in just a bit of oil, then cover them with salt, pepper, and oregano and then bake them until they pass the “taste test.” I like them when the outside is almost crisp but the inside is soft; baking at 350 F for 45 minutes to an hour i what you’ll want to do. When they come out of the oven, they’re so delicious that almost no one in the family can keep themselves from grabbing one or two.

Cinnamon You can bake a sweet potato just like a normal potato and you can even do it in the oven, but when you get it out, cut it open, put a bit of butter in there, and sprinkle a bit of sugar and cinnamon on top. It complements the sweet potato flavor with some wonderful sweetness that’s just amazing as a slightly sweet side dish or even as a dessert.

Maple syrup You can also make mashed potatoes out of sweet potatoes by boiling them until they’re soft then simply mashing them with a mixer or a ricer. The secret, however, is to mix in just a little maple syrup at the end, adding a wonderful maple flavor to the whole thing. Putting a scoop of that on your plate, with just a bit of butter on top, is just amazing.

Final Thoughts

It only takes a little bit of flavoring to turn a boring, cheap staple into something delicious from your chicken. Just add a spice, some herbs, a simple sauce, or an aromatic vegetable, and you’ve turned your simple cheap staple into something wonderful.

Better yet, once you have a sense of what many of the basic items do to the flavor of the staples, you can start mixing and matching what you like. It becomes fun and quite easy to make delicious meals at home with just the cheapest staples and a few seasonings.

Good luck!

The post The Power of the Spice Rack: How Simple Spices, Aromatics, and Other Simple Additions Can Transform Bland Staples Into Amazing Foods appeared first on The Simple Dollar.



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Here’s When It’s Worth It to Buy That Super-Expensive Rice

الجمعة، 24 مارس 2017

15 Sneaky Psychological Tricks That Will Help You Save More Money

Saving money isn’t fun. It’s not something your brain wants to do.

So if you want to develop good financial habits, you’re going to have to trick it.

Thankfully, I’ve got a lot of experience at tricking myself into making better money decisions — I’m only human, after all! — and I’m here to share some of my best ideas with you.

Here are 15 psychological tricks you can use to save more money.

1. Calm Your Mind

The first step in securing your finances? Securing your finances.

Before doing anything else, give yourself peace of mind by safeguarding your personal and financial information from identity thieves.

To do so, shred documents before discarding them, and check your bills carefully each month.

You can also sign up for a credit-monitoring service. True Identity, for example, is totally free — and if someone tries to apply for credit in your name, it’ll alert you by email, text or phone.

By feeling confident your information is secure, you’ll be able to let your brain focus on the issues that really matter.

2. Imagine Your Future (Richer) Self

Sure, spending that $2 right now doesn’t seem like a big deal. But what if I told you that $2 could turn into more than $60 by the time you retire? You might change your mind, right?

Thanks to the incredible power of compounding, saving just $2 a day could leave you with enough money to retire. So the next time you’re tempted to drop $2 on something frivolous, picture three $20 bills instead.

… And, while you’re at it, picture yourself as a silver-haired socialite playing golf or lying on the beach or doing whatever it is rich old people do.

3. Earn Some Free Money

Most banks suck. They charge you maintenance fees and monthly minimums — and then give you next to no interest in return. If that doesn’t take a toll on your psyche, I don’t know what would.

So make a change and try a different kind of bank. Aspiration, which is only online, has free checking accounts with no minimums and no fees.

More importantly, it offers 1% interest — which is nearly 100 times that of many traditional brick and mortars.

Earning interest (or, as we like to call it, free money) each year is a fabulous psychological incentive. Those little rewards will light up your brain like a Christmas tree — and encourage you to keep saving.

4. Stop, Drop and Wait…

“Let me sleep on it” is one of my favorite phrases. I’ve avoided a lot of sticky situations by waiting to make a decision until the next day. And that wisdom definitely holds up for financial decisions, too.

When you’re swept up in the heat of the moment (or the bargain hunting), every deal can seem like it’s too good to pass up.

So create a mandatory waiting period for new purchases. Some experts advise a timeline of 30 days, while others say you should wait one day for every $100 in price.

By forcing yourself to take a step back, you’ll prevent a lot of impulse purchases.

5. Don’t Trust Yourself

Although I’m all for trusting yourself in most areas of life, it can backfire when it comes to money. Why? Because we’re human, and we want we want — and often that leads to not saving.

For that reason, I suggest taking the control out of your hands. And by that, I mean automating your finances.

Here are three specific strategies that have worked well for me:

  • Set up automatic withdrawals from your checking account into your savings or retirement accounts (or, even better, both!)
  • Register for automatic increases to your 401(k) each quarter
  • Sign up for Digit, an amazing (free!) tool that connects to your bank account and saves money for you automatically

Pay yourself first, and you’ll be sure it gets done.

6. Just Start Small

The science of habits is fascinating. (If you haven’t read it yet, I highly recommend Charles Duhigg’s book The Power of Habit). They’re pretty tough to break — and pretty easy to make.

Use that to your advantage by creating a savings habit now. To make it easier, start out small. Really small.

You could, for example, put your change in a jar at the end of each day. Or add $1 to an envelope each day. Even with those tiny habits, saving money will eventually become part of your routine.

A related idea? If you’re paying off debt, try Dave Ramsay’s popular debt snowball method. It involves paying off your smallest debt first, with the hope that momentum will encourage you to pay off the rest.

7. Avoid Tabs at All Costs

Want to pay cash? Or start a tab?

If you want to save money this year, your answer should ALWAYS be the former.

Why? Because there’s no pain involved in ordering another drink — but there is pain involved in paying for it. So make yourself feel it.

That’s the same reason why a lot of people eschew credit cards; they don’t actually feel like they’re spending money when they use one. It’s like one big tab. If you’re one of those people, you can hide your credit card in a block of ice, or deep within your wallet.

Whether you use credit or not, you should certainly be tracking your spending. It’s really eye-opening to see where your money’s going — and you have no excuses, because tools like Mint and Spendee make it easy.  

Trust me: Unless you see it yourself, your brain will keep telling you “out of sight, out of mind.” (Which is definitely not how you want to be with your money!)

8. Think of Prices in Hours

Let’s say a new set of golf clubs costs $300. That doesn’t sounds so bad, does it? After all, there are a lot more expensive things you could buy.

But hold your horses. Before dropping three Benjamins, this post from Making Sense of Cents advises framing it in a different way: How many hours would it take you to earn that $300?

If you earn $10/hour, that’s 30 hours of work — not counting taxes or other factors that reduce the size of your paycheck. (If you earn a salary, this website will calculate the hours for you.)

Are you willing to pay 30 hours of your life for those clubs?

Sometimes, just looking at purchases in a different way is what your brain needs to make the right decision.

9. Get Squirrelly

If you’re on a budget, you might assume you can’t save for retirement. Where, exactly, is that money supposed to come from?

Finding the money to save for retirement is tough, especially when it seems so far away. But time is on your side, and it’s vital you start putting anything — even crumbs — toward your future.

One squirrelly trick to get yourself to save is an app like Acorns.

Once you connect a credit or debit card, it rounds up your purchases to the nearest dollar and puts the change into an investment account.

Your brain won’t even know you’re saving — I can’t think of a better trick than that!  

10. Imagine Your Purchase as Cash Instead

Is that cute new sweater speaking to you from the rack? Just whispering that you need to have it?

Well, before listening too hard, check the price. And then use a psychological trick sometimes called the stranger test.

Say the sweater costs $32. Imagine a stranger’s standing in front of you; in one hand, they have the sweater, and in the other, they have $32.

Which would you rather have? In most cases, the cash is probably more appealing — so this quick psychological test should keep you from making purchases that really aren’t necessary.

11. Save While You Spend

In spite of all our best efforts to avoid spending, you do have to buy things sometimes.

And when it comes time to do so, let yourself enjoy it — while also making sure you’re saving as much as possible.

One of my favorite tricks is to use a cash-back website like Ebates. When you buy an item through one of its 1,200 partner retailers, it’ll reward you with cash back — sometimes as much as 25%!

Sneaky, sneaky, indeed.

12. Turn That “No” Into a “Yes”

Saying “no” = no fun. So don’t think of it that way; instead, make your brain view every “no” as a “yes.”

Here’s what I mean: When your friend asks you to a dinner you can’t afford, don’t think of turning her down as saying “no.”

Think of it as saying “YES” to other opportunities: paying off your student loans, going on that dream vacation or finally investing in your retirement.  

13. Find a Partner

When you want to exercise more, popular wisdom suggests you find a buddy; someone who will make sure you hit the gym every day.

The same goes for finances: Accountability partners work.

If you want to save more money, recruit a friend with similar goals. Agree that every time you make an unnecessary purchase or go out for drinks, you’ll text each other.

Just the knowledge you have to report your actions will help you stay on track — and hopefully, eventually, turn responsible spending into a habit.

14. Picture Your Goals… Literally

Saving for a house? Cut out inspiring home photos from magazines, then hang them up on your wall.

Saving for a trip to Paris? Make the Eiffel Tower your computer’s wallpaper.

Because they seem so far out of reach, saving for big goals is difficult. Visualizing them is a smart way to stay motivated.

You can even wrap a photo of your goal around your credit card, so that every time you take it out, you’ll think twice about using it. Blogger Trent Hamm, for example, uses photos of his kids to remind him to make better choices.

15. Let Yourself Splurge

That’s right: I said let yourself splurge. It won’t save you money at the moment, but it probably will over the long term.

Developing good financial habits takes time and effort — which means you need to give yourself a little breathing room.

So every quarter, treat yourself to something that’s not practical: a manicure, a bottle of wine, a night at the movies.

It’ll take some of the pressure off — and remind you that a good life is possible when you’re frugal. It just takes a little more work.

Disclosure: Clink! Clink! Clink! That’s the sound of pennies hitting our piggy bank, thanks to the affiliate links in this post. It’s a better savings plan than stopping traffic to pick up loose change — and safer, too!

Your Turn: How do you trick yourself into saving more money?

Susan Shain is a freelance writer and digital nomad. She covers travel, food and personal finance (basically, how to save money so you can travel more and eat more). Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.

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CLOSING BELL: Stocks wobble, finish mixed as GOP pulls plug on health bill

For the second day in a row, stocks started higher and wilted as it became clear the health care bill was in trouble.

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Study: Pa.highways lose funds to state police

HARRISBURG (AP) — A new study suggests that more than $200 million a year in highway construction funds are being diverted unconstitutionally to subsidize the Pennsylvania State Police.A Legislative Budget and Finance Committee report this week calculated the "appropriate and justifiable" level of highway funding for the state police at $532.8 million. That's based on last fiscal year, when Gov. Tom Wolf and lawmakers approved $755 million in highway funds for the state police. [...]

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Why Pay for Gift Cards? Here are 9 Clever Ways to Get Them for Free

I love gift cards to Target. And Amazon. And even Forever 21.

But my favorite kind of gift cards? The FREE kind.

That’s right; I said free. Once you know where to look, you’ll find all kinds of opportunities to earn them.

Want to earn free gift cards to places like Amazon and iTunes and Walmart? Keep reading. I’ve searched the interwebs and found nine different strategies.

All you have to do is…

1. Show Your Swagger to Get Free Visa & Amazon Gift Cards

Swagbucks is one of my favorites because it’s quick and easy. is at the top of the list because it’s my favorite (shh… don’t tell the others!).

Once you sign up for the program and offer some demographic info, you’ll be invited to participate in different surveys. For each one you take, you’ll earn points (called SB).

Some surveys pay as much as 300 SB — for a 20-minute questionnaire! Five-hundred SB can be exchanged for a $5 Amazon or Visa gift card, which you could use to buy pretty much anything. I’d say that’s worth it!

2. Let Your Voice Be Heard

Ever complained that no one listens to what you’ve got to say? Well, I beg to differ: MyPoints will pay you to let your voice be heard.

After signing up and telling MyPoints a little bit about yourself, you’ll receive invitations to surveys.

For each survey, you’ll need to fill out a brief questionnaire to ensure you qualify — but even if you don’t, MyPoints will give you five points. You can earn up to 25 of these “disqualification points” per day.

And if you do qualify? You can earn anywhere from 50-600 points per survey, which you can later redeem for gift cards from popular retailers.

3. Scroll Through Instagram

Brands are always giving away stuff on their social media accounts, and staying on top of these promotions is a great way to earn gift cards.

Start by following your favorite brands via email, Facebook, Twitter and Instagram; you’ll often see contests just for liking or tagging a friend. Make sure you follow the rules to the letter so you have the best shot at winning.

You can also search the hashtag #giveaway or #contest on any of the same platforms — you’ll probably stumble upon promotions for brands you never would’ve found otherwise.

4. Shop the ‘Zon

Getting paid to shop at Amazon? Now that’s the dream.

And an app called ShopTracker comes pretty close to making it come true. Run by The Harris Poll, a survey company that measures public opinion, it’ll pay to see what you’re putting in your Amazon cart each month.

To be eligible, you must be at least 18 years old, live in the U.S. and have a PC that’s compatible with Windows 7.

Yes, yes and yes? Surf over to ShopTracker to answer three quick questions.

If you qualify, you’ll be invited to install an app that syncs with your Amazon account — and in exchange for the info, you’ll earn a $3 Visa gift card each month.

Over a year, that’s $36; over two years, that’s $72. (See, writers can math, too!)

Although it might not sound like a lot, remember you don’t have to do anything after signing up — so to us Penny Hoarders, it’s a no brainer.

5. Trade Your (Unused) Goods

Do you have a gift card lying around to, say, Aeropostale, that you’re never going to use? (Unless you time travel back to your seventh-grade self… but nobody wants that.)

Then hop online and trade it for a gift card you’ll like better. One popular site is CardCash, where you’ll get a better rate for trading your gift card than you would for selling it.

An added bonus? You’ll finally be able to clear your junk drawer of all that plastic you were never planning on touching.

6. Offer Your Opinion

Opinion Outpost offers surveys from all kinds of businesses and organizations.

Most of them take around 10 minutes, and will earn you points that you can later redeem for gift cards to places like Amazon and iTunes.

What sets it apart from other survey sites is the fact it gives away $40,000 every year. It has a quarterly drawing for a $10,000 cash prize — and for every survey you complete, you’ll get one entry into the contest!  

7. Tell it Like it Is

I know, I know: more surveys.

But hear me out: Ipsos Panel is one of the most legitimate survey sites out there. In fact, it has an A+ rating from the Better Business Bureau.

Translation? It’s worth your time. Most surveys take about 10 to 15 minutes and pay 100 to 200 points (although you can occasionally find ones that pay a whopping $95!).

Once you’ve earned 500 points, you can redeem them for a $5 gift card to popular retailers like Starbucks or Target. Venti almond milk latte, here I come!

8. Practice Retail Therapy

Just to be clear: I’m not telling you to go on a shopping spree or anything. But if you’re already planning to make an online purchase, why not earn a free gift card while you’re at it?

One of my favorite ways is with a site called Ebates. Whenever you shop through its platform at one of its 1,200 retail partners, you’ll earn cash back. Most sites offer around 5%, though sometimes you can earn as much as 25%.

So, for example, if you spent $100 at Macy’s online today, you’d get $6 cash back — just for shopping like you normally would.

And right now, Ebates is offering a special bonus for signing up: a free $10 Walmart gift card!

9. Grab the Popcorn

Sure, most of the activities on this list are best done while watching TV — but what if you could get paid for watching TV itself?

With FusionCash, it’s totally possible. You’re not going to be watching Guardians of the Galaxy or any other blockbusters, but you will be getting paid.

And, like Ipsos Panel, FusionCash has an A+ rating on the BBB, so you know it’s legit.

Best of all? You’ll get $5 just for signing up.

Disclosure: This post contains affiliate links. By checking out this featured content, you help us bring you more ways to save!

Your Turn: Have you ever scored a free gift card? How?

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12 Tips To Survive Parental Leave Without Going Broke

Having a baby is exciting!

The bills that come with your bundle of joy? Not so much.

To make matters worse, many parents lose some or all of their income when they take time off work to care for their wee one.

A new report by Pew Research sheds some light on just how much of a strain parental leave puts on the household budget.

Around six out of every 10 workers (57%) with household incomes under $30,000 don’t receive their full pay when taking parental leave after the birth or adoption of a child.

Of course, their bills didn’t magically go away, so the money to pay them had to come from somewhere.

  • 48% turned to public assistance
  • 46% put off paying their bills
  • 45% borrowed money from family or friends
  • 37% cut their leave time short

These solutions aren’t exactly ideal.

12 Ways To Survive Parental Leave Without Going Broke

In an ideal world, new parents wouldn’t have to choose between staying home with a new child or paying the bills.

Unfortunately, that’s not the reality for a lot of people.

Here are 12 ways to get by on a reduced income while enjoying parental leave for as long as possible.

Your turn: What’s your best tip for saving money when there’s a new baby in the house?

Lisa McGreevy is a staff writer at The Penny Hoarder. She loves seeing new baby pictures — both human and furkids. Share them with her on Twitter @lisah.

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Local farmer participates in Ag Literacy Week

Monroe County farmer Alyce Borger recently participated along with hundreds of Pennsylvania farmers who went back to school recently to read a book to thousands of students to celebrate Ag Literacy Week, which is sponsored by the Pennsylvania Friends of Agriculture Foundation, a charitable group supported by Pennsylvania Farm Bureau.Farm Bureau members visited more than 400 classrooms and reached about 7,000 students during the inaugural celebration of Pennsylvania Ag Literacy Week. [...]

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Cities Vs. Suburbs: Which Is More Affordable for Families?

Life in the city can be electric. The hum of the energy. Being mesmerized by all the lights, sounds and smells.

Well, maybe not the smells, unless you’re talking about haute cuisine from celebrity-chef-run restaurants where you have to book reservations months in advance.

But what do I know? I may adore visiting the city, but I’m a suburban girl all the way. Personally, I don’t know if I can deal with the fast pace and congestion 24/7.

When you’re a parent deciding where to raise your family, personal preferences definitely come into play — but so does cost of living, which includes factoring in child care expenses.

Focusing exclusively on the financial burdens of child care and housing, Care.com and Zillow teamed up to release their 2017 Cost of Living Report. They found out it’s about $9,073 more expensive each year, on average, for a U.S. family to live in the city as opposed to the suburbs.

Here’s the caveat: The study factored in only mortgages and property taxes for the housing expenses component and based the child care cost component on full-time care for two children. So, if your family rents and has only one child, or has school-aged children attending public school all day, your financial situation might not ring true with these results.

Picket Fences and Fuller Pocketbooks

The study found the cost of city living in some metro areas is drastically more expensive, like New Yorkers who pay $71,237 a year more to live in the heart of the action. Chicagoans in the urban core pay $18,472 more than their suburban dwellers.

Here are 13 other metro areas where suburban living is more affordable, and how much families save each year by living on the outskirts:

  • Dallas — $14,128
  • Washington, D.C. — $12,832
  • San Francisco — $12,560
  • Atlanta — $12,557
  • Austin — $11,522
  • Seattle — $11,376
  • Sacramento — $10,822
  • Boston — $8,076
  • Portland (Oregon) — $7,998
  • Houston — $5,368
  • Minneapolis — $3,930
  • Miami — $1,943
  • Birmingham — $696

The study also looked at the median square footage of homes, and it comes as no surprise that homeowners in the suburbs have more space than their urban counterparts — a nationwide average of 279 square feet more.

Don’t Pack Up for the ‘Burbs Just Yet

Though urban living is generally more costly, that doesn’t mean all cities are more expensive than the suburbs.

In Philadelphia, the study found it is $13,849 cheaper each year to live in the city than the ‘burbs. Families living in Baltimore save $10,790 a year on housing and child care costs by living in the city versus the suburbs.

Here are 13 additional locations where cost of living is more favorable in the city, and how much urban dwellers save each year over their suburban counterparts:

  • Cleveland — $9,034
  • Milwaukee — $8,227
  • Las Vegas — $7,318
  • Providence (Rhode Island) — $6,974
  • Phoenix — $6,567
  • Cincinnati — $5,514
  • San Diego — $4,555
  • Pittsburgh — $4,258
  • Denver — $3,635
  • San Antonio — $2,474
  • San Jose (California) — $1,628
  • New Orleans — $836
  • Los Angeles — $407

Ways to Save

While housing and child care typically take out a big chunk of families’ budgets, there are always ways to lower those costs.

You might consider unique housing options, like this family of four who lives in a tiny home. Instead of living in or around a major metropolitan area, you may find a lower cost of living in a small town.

It’s hard to avoid child care costs for working parents, but there may be more affordable options than full-time enrollment at a child care center — which is what this survey used to calculate that expense. I’m fortunate enough — and extremely grateful — to have my mother watch my daughter for free while I work.

Some jobs will even help to subsidize the cost of child care. These 11 companies make it a little easier for employees needing care for their little ones during the workday.

Your Turn: Is it more cost-efficient for your family to live in the city or the suburbs?

Nicole Dow is a staff writer at The Penny Hoarder. She is shamelessly Team Suburbs, though she enjoys visiting big cities.

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Strong Vs. Weak Dollar: A Super Simple Breakdown of What it Actually Means

What’s best for Americans: a strong dollar or a weak one?

If you were an economist, you’d likely roll up your sleeves and get excited for what could easily be a back-and-forth conversation all day.

But you’re probably not an economist — so, with sleeves rolled down, you might be tempted to accept the oversimplified “strong equals good” notion that’s been around for more than two decades.

Don’t do that!

I promise it’s not as complicated as you think. And if you’ve ever planned an international trip, worked for a car manufacturer, purchased pretty much any electronic device or even bought a tank of gas, it’s definitely worth understanding.

But First: Why is the Strong vs. Weak Dollar Debate Happening?

Right now, our president and newly confirmed Secretary of Treasury seem to have opposing views on which one it better.

In one corner, there’s President Donald Trump who’s described the dollar as “too strong.” He’s advocating for a weaker dollar, which could help him deliver on his campaign promise of creating more manufacturing jobs.

How so? Because it increases the amount of products U.S. companies are able to export each year. (More on this in a bit.)

In the other corner is Secretary Steven Mnuchin, an ex-investment banker from Goldman Sachs. He got flak after writing “an excessively strong dollar may have negative short-term implications on the economy” in response to a senator’s question ahead of his confirmation hearing for his new job.  

But overall, Mnuchin’s views fall in line with other policymakers of the past 20 years. He believes the stronger dollar is a sign of a robust economy and solid standing for the U.S in the world market.

Mnuchin’s view is not surprising to Brian Gendreau, a finance professor in the University of Florida’s Warrington College of Business. He’s an economics expert, so we asked him to weigh in on the debate.

“As a matter of public policy, almost every U.S. Secretary of Treasury has always said that the U.S. has a strong dollar policy,” Gendreau said. “They probably say that because if they say anything else, the dollar might plummet.”

But what does it mean to have a strong dollar?

The Case for the Strong Dollar

In the simplest terms, when a dollar is strong it’s worth more in comparison to money from other countries.

Here’s an example: According to the Bank of Canada, it would take only about $7.50 in American dollars to equal $10 in Canadian dollars. This means our dollars are able to stretch a bit further in Canada than the dollars of our Canadian friends in the U.S. That makes us powerful consumers in Canada and some other countries, thanks to our strong dollar.

That spending power also translates to cheaper foreign goods, such as electronics, imported food and sometimes even high-ticket items like cars.

“It’s good for you as a tourist,” Gendreau said. “If the dollar is strong, it buys a lot more abroad and often things will feel cheaper to you. Once you change your dollars into pesos or British pounds, it’s going to buy more locally.

“By the same token, it makes imports cheaper for Americans. If you want to buy a car that was made in Korea or Japan or any country, if currencies depreciate relative to the dollar, it’s going to be cheaper.”

If you’re like me, you probably think that sounds great. I like taking vacations. I like spending money like I imagine rich people do when on said vacations. I drive a Hyundai.

So, why would it be a mistake to assume a strong dollar is always good?

The Case for the Weaker Dollar

Disagreeing with Trump hasn’t exactly been difficult for many people. But I can see his point on this topic.

While Mnuchin doesn’t believe a weak dollar is a good long-term strategy, one of Trump’s main campaign promises was to revitalize the manufacturing industry and create jobs for American workers. A weaker American dollar could help make that happen.

Although our money might not stretch as far in other countries, if Trump got his way, a weaker dollar could make our American-made products more affordable to foreign consumers. (That happens because their money will now stretch a bit further here. So, theoretically, foreigners would visit more often and buy more of our stuff.)

That could translate to a huge boost in the bottom lines for U.S.-based businesses like Intel, which makes as much as 80% of its annual revenue outside of the U.S., according to Gendreau.

“A lot of U.S. companies sell more abroad than you would ever imagine,” Gendreau said. “ A strong dollar is not so good for U.S. exporters. In fact, in 2014 when the dollar popped up for the first time, it led to really sharp declines in earnings estimates for major U.S. corporations.”

Trump’s call for a weaker dollar holds water when we assume — as the dollar weakens and companies like Intel sell more products overseas — that could also translate into more job openings here at home.

Yes, the Dollar Can be “Too Strong”

Determining whether #teamstrongdollar or #teamweakdollar is right comes down to why the dollar is strong in the first place, Gendreau said.

When the economy is thriving and the value of the dollar is rising along with it, that’s generally a good thing. But it’s possible for the dollar to rise too fast for the rest of the economy to keep up. That happened in the mid-1980s.

“It killed U.S. agricultural exports,” Gendreau said. “I’m from the Midwest, originally, and I can remember how you could visibly see the hardship in rural areas.”

At the time, the shabby grocery stores and storefronts, and peeling paint on homes were proof that — despite the strong dollar — business owners who depended on exporting products to other countries were struggling.

According to Trump, that’s the problem now. He believes the purported value of the dollar is too high for its actual worth, and that’s why some industries are not making as much money as they have in the past.

Gendreau, however, said he doesn’t believe we are in that state now and the dollar is legitimately as strong as economists have valued it.

Your Turn: What do you think? Is Donald Trump’s call for a weaker dollar the right move?

Desiree Stennett (desi_stennett) is a staff writer at The Penny Hoarder. She’s in the strong dollar camp because she likes to travel and loves her Hyundai.

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Home show brings the large and small to the Poconos

There aren’t many places you can see one of the world’s smallest homes on wheels and country's largest indoor waterpark at the same time. This weekend you can.The Pocono Builders Association is hosting the Greater Pocono Home and Outdoor Living Show at Kalahari Resorts and Convention Center in Pocono Manor.Thousands of visitors will attend the show, according to Pocono Builders Association President Erik Anderson. The show will feature 120 product and service [...]

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Think You Know About Personal Finance? Well, You’re Half Right

We all like to think we’re good with money, right?

Maybe we’re not as good as we think we are.

Americans can answer money management questions correctly less than half the time, according to a new report from the TIAA Institute and the Global Financial Literacy Excellence Center at George Washington University’s School of Business.

They polled more than 1,000 people, asking nearly 30 questions about borrowing, earning and saving. On average, people got the answers right 49% of the time.

Here are a couple of highlights:

  • People knew the most about borrowing money. They got those questions right 61% of the time. Apparently a lot of us have done our research on that subject.
  • People knew the least about comprehending risk, insurance and investing. Those things are complicated. People got those questions right 39%, 44% and 46% of the time, respectively.
  • Nearly 25% of the respondents were carrying credit card debt from month to month.

And here’s something really interesting: People who know more about personal finance are more likely to seek out help, said report co-author Annamaria Lusardi, a professor of economics at George Washington University.

In other words, they know what they don’t know.

“When it comes to personal finance, people have to be proactive,” Lusardi told CNBC.

Here’s what we glean from all this: Almost no one knows everything about money. It’s never too late to educate yourself further.

Here are a few good starting points:

Bottom line: We could all know more about money. If you’re reading The Penny Hoarder, at least you’re on the right track.

Your Turn: How much do you think you know about money management?

Mike Brassfield (mike@thepennyhoarder.com) is a senior writer at The Penny Hoarder. He knows a lot about money, mainly because of mistakes he’s made.

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