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الثلاثاء، 28 مارس 2017

GFC 088: 3 Lifestyle Decisions Everyone Should Make Before Retirement

Church group plans to convert Pocono Dome

A Korean-based church hopes to buy and convert the Pocono Dome in Hamilton Township into a retreat for the church and its members.The group, The World Mission Society Church of God, has applied for a special use zoning exemption. It is seeking relief from the township’s commercial 1 zoning district for commercial and adult business, so it can be used as a retreat.SJI Jackson Real Estate listed the property at $2.9 million. Wayne Bank declined comment on the sale. [...]

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Tony's Restaurant, on Eburg's Crystal St. since 1968, sold

An East Stroudsburg eatery of 49 years opened under new ownership this week. Tony’s Restaurant & Pizzeria at 57 Crystal Street changed hands Tuesday, but will keep the name and signature recipes that made the family-owned shop a staple in the community, said now-owner Thomas Guiffre.“We’re keeping the same sauce recipe, the thin crust and the crunchiness,” he said. “A lot of people seemed to like those qualities most. It’ll be the same [...]

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Outwit, Outplay, Outlast: “Survivor” Announced Its Latest Casting Calls

As a child, I had an 8 p.m. bedtime.

Except on Thursdays. That’s when “Survivor” aired, and I was allowed to stay up late — until 9 p.m.

That was something like 16 or 17 years ago, but the reality competition TV show is still going strong (except now on Wednesdays). In fact, it’s one of the longest running reality shows out there.

You could even say it’s outwitting, outlasting and outplaying the ratings.

And it looks like it’s sticking around at least for another season or two. “Survivor” is holding free auditions in Florida and Southern California — and virtually — for upcoming seasons.

Cue the wordless, yet motivational, theme song.

How to Try Out For “Survivor” and Snag a Shot at $1 Million

Can you see yourself doing this?

This?

Or, if you’re graceful like me, something like this?

Or maybe you’re just a super-fan and want to see what being stuck on an island with a bunch of weirdos is really like…

Either way, if you snag a spot on “Survivor,” you’re in the running to win $1 million in prize money.

Granted, there are a lot of other considerations — like leaving your job and your family for a while — but if you’re willing to play, you might get paid.

Two big auditions are coming up this year:

1. Florida Open Casting Call

When? April 9 from 10 a.m. to 2 p.m.

Where? Victory Casino Cruises in Cape Canaveral, Florida

2. Southern California Open Casting Call

When? Sept. 8 from 10 a.m. to 1 p.m.

Where? Mathis Brothers in Ontario, California

All you need to bring a valid driver’s license. Find all the information at AuditionsFree.com.

If you can’t make it to one of these, online auditions are also being accepted. Just fill out your basic information, write a 70-word bio and upload a photo and three-minute video.

Good luck! And hopefully you’ll never hear the words “the tribe has spoken” directed at you out of Jeff Probst’s mouth.

Your Turn: Do you think you have what it takes to outwit, outplay and outlast for $1 million?

Carson Kohler (@CarsonKohler) is a junior writer at The Penny Hoarder. She’d suck as a Survivor contestant because not being able to shave her legs would drive her insane.

The post Outwit, Outplay, Outlast: “Survivor” Announced Its Latest Casting Calls appeared first on The Penny Hoarder.



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CLOSING BELL: Consumer confidence gain sends stocks up

Investors were encouraged Tuesday by a survey that showed the economic indicator had climbed to the highest level in more than 16 years.

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Do You Refuse to Shop if There Isn’t a Sale? You’re Not Alone

We all like a deal, right? We’re always looking for a sale. And some of us are pretty stubborn about it.

Here’s proof: Nearly half of American women won’t even enter a retail store unless there’s a decent sale.

That’s right. They won’t even walk into the store, thank you very much. They’ll just keep on walking.

This illuminating statistic comes to us courtesy of Footwear News and originates from a report by First Insight, an analytics firm focused on consumer data. The firm surveyed more than 1,300 people for a report titled “Markdown Mania: Consumer Perspectives on Retail Discounting Strategies.”

Here’s what we learned from the report:

  • An eye-opening 45% of women won’t enter a store if there isn’t an advertised discount of 41% or more.
  • The average shopper is willing to pay only 75% of full price for womenswear.
  • Nearly 40% of shoppers will go to another store to find a cheaper price.
  • Two-thirds of women would rather shop online, and 60% expect to find the biggest discounts there.

“Consider all of the real and made-up occasions retailers plan sales around: One-day sales, anniversaries, Singles Day, Black Friday, Veterans Day, Cyber Monday, Columbus Day, Back to School,” the report said. “With these constant sales in mind, why would consumers ever want to pay full price when another sale is right around the corner?”

That’s pretty tough news for brick-and-mortar retailers.

Big department stores like Sears, Macy’s, Kmart and J.C. Penney have been closing dozens of locations. So have mall chains like Aeropostale, American Eagle, Chicos, Finish Line, Men’s Wearhouse and The Children’s Place.

Here’s what else we learned: You’re far from alone in your search for deals, Penny Hoarder.

Your Turn: Will you go into a store if it’s not having a sale?

Mike Brassfield (mike@thepennyhoarder.com) is a senior writer at The Penny Hoarder. He buys everything on sale.

The post Do You Refuse to Shop if There Isn’t a Sale? You’re Not Alone appeared first on The Penny Hoarder.



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Why Renters Now Outnumber Owners in 52 of the 100 Largest U.S. Cities

Sometimes it seems like all your friends are better at this adulting thing than you could ever hope to be.

Just scroll through your newsfeed. It seems like every other day someone you know from college is announcing a new baby, spouse or house on Facebook, and you’re still in your rented studio apartment swiping left on Tinder for eternity.

Well, this new report from Bloomberg News might not help you snag a husband or wife, but it does suggest that you’re not as far behind the curve as Facebook would have you believe — at least by one benchmark.

The report shows that in many of the nation’s largest cities, more people are opting to rent rather than buy their homes. In fact, renters now outnumber homeowners in 52 of America’s 100 most populated cities.

The decline in homeownership is especially apparent in Baton Rouge, Louisiana, and Detroit, where renters became the majority in 2015. In Detroit, the year marked the lowest homeownership percentage in more than five decades, with just 49% of households owning their residences.

The U.S. housing crisis likely played a major role in the decline of ownership. Some cities have long been home to mostly renters, but in Detroit and 20 other cities, including New Orleans, Denver and Atlanta, renters have only become a majority since 2009.

Renting: A Choice or a Necessity?

There’s nothing wrong with renting by choice. Unfortunately, that’s not why most families choose rent over a mortgage.

A lack of affordable housing — both in the rental and buying markets — make it tough for low-income and middle-class families to purchase homes, Nela Richardson, chief economist for real estate brokerage and database Redfin, told Bloomberg.

Adding to the boom in renters is the rising number of elderly people selling their homes and downsizing, along with millennials who can finally afford to move out of mom and dad’s house but aren’t quite ready for a mortgage.

Here’s What Cities Can Do for Their Renters

This means renter-to-owner ratios are quickly changing in cities that have long valued homeowners, who often stay longer in one area and are more civically engaged than renters.

But advocacy group Detroit Future City believes it’s time for the the Motor City and others to embrace renters as it did homeowners in the past.

Among its proposals:

  • Renovate government-owned properties to improve the quality of low-cost housing.
  • Punish absentee landlords who don’t keep their properties well maintained.
  • Create new financial options that ease the transition from renting to homeownership.

The Center for Budget Policy & Priorities goes even further, advocating for tax credits for low-income workers, the elderly and people with disabilities to make it easier to find quality housing, whether they are looking to rent or own.

These programs are likely a step in the right direction, as estimates say the number of renters will continue to increase for at least another decade.

Are You Ready to Buck the Trend?

Yes, renting is all the rage right now, but people are still buying homes. If you have never bought  but have been saving for your chance, you’re not alone. About 35% of homebuyers last year were leaving their rentals behind for the first time.

Just because you’re a newbie doesn’t mean you have to go into this blindly. Here are a few tips for first-time homebuyers to make sure you get the best deal on your starter house.

Your Turn: Are you still renting? Or do you own your home?

Desiree Stennett is a staff writer at The Penny Hoarder. She opts for renting instead of owning because she appreciates that when something breaks, it’s someone else’s problem.

The post Why Renters Now Outnumber Owners in 52 of the 100 Largest U.S. Cities appeared first on The Penny Hoarder.



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Ben & Jerry’s Free Cone Day is April 4! Here’s the Scoop

Phish Food, Cherry Garcia, Chunky Monkey, Half Baked.

To the uninitiated, that might look like a random jumble of words.

To Ben & Jerry’s fans, though, that sentence conjures up some of the best feelings this universe has to offer.

‘Cuz they’re ice cream flavors. Insanely delicious ice cream flavors. (Can you tell I’m a total fangirl?)

And you can try them for FREE on Ben & Jerry’s 38th annual Free Cone Day, which takes place Tuesday, April 4.

Here’s what to do if you want your free ice cream…

How to Get Free Ben & Jerry’s

On April 4, head to the Ben & Jerry’s location nearest you between noon and 8 p.m.

Because this is a popular event — people have been lining up to get their free cones since it started in 1979 — it’s smart to get there early.

Having grown up next to Vermont, where Ben & Jerry’s was founded, I’m a diehard fan.

Not only does the company make amazing ice cream, it’s also driven by strong values and an admirable mission.  

In its words, “We make the best possible ice cream in the best possible way.”

So you can bet I’ll be there — though what flavor I’ll get is always a game time decision.

Your Turn: What’s your favorite Ben & Jerry’s flavor?

Susan Shain is always seeking adventure on a budget. Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.

The post Ben & Jerry’s Free Cone Day is April 4! Here’s the Scoop appeared first on The Penny Hoarder.



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Foregoing the American Dream Helped One Couple Retire in their 30's

Instead of buying a house, this couple invested their money. Now in their early 30's they've retired and are traveling the world.

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Home Loans Under Trump

Within hours of his inauguration, President Trump suspended a mortgage insurance rate cut for FHA loans. Will Donald Trump be good or bad for the housing market?

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Browse Through the MoneyTips Free Financial Library

Did you know that MoneyTips offers eBooks filled with financial tip free to our members?  Browse our library of financial resources and download the books you want.

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Lesson Learned: Can Trump Build Consensus on Tax Cuts?

With the Obamacare replacement effort now on the backburner, President Trump and congressional Republicans are launching a new agenda: tax cuts.         The president wants big cuts in taxes for corporations and all Americans. But will Congress agree?

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How to Work-From-Home as a Travel Agent

By Holly Reisem Hanna Do you love to travel? Do you have wanderlust? Are you a master at finding great travel deals? Becoming a work-at-home travel agent might be your ideal work-at-home career path! Working as a travel agent might seem a little outdated in today’s world of Kayak and Airbnb, but in reality, many […]

The post How to Work-From-Home as a Travel Agent appeared first on The Work at Home Woman.



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OPENING BELL: US stock indexes edge higher in early trading; Oil up

Market fights off an early dip with energy stocks following oil higher.

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Iran’s 'reciprocal' sanctions include Blooming Grove's Kahr Arms

Pike County gun maker Kahr Arms and firearms developers Magnum Research were among 15 American companies sanctioned by Iran, blaming the companies for alleged support of terrorism, repression and Israel's occupation of land Palestinians want for a future state.The sanctions are likely in retaliation for sanctions earlier announced by the U.S., an Associated Press story said.The list of 15 companies appeared more symbolic than anything else as the firms weren't immediately [...]

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UK banks face tougher financial tests

Banks in the UK will be forced to prepare for a global economic downturn, as the Bank of England introduces tougher stress tests.

Banks in the UK will be forced to prepare for a global economic downturn, as the Bank of England introduces tougher stress tests.

The central bank carries out these tests each year on the UK’s major banks. It usually assesses whether each bank would be able to cope with a recession in the UK, higher interest rates and a fall in house prices.

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Rents start to slow - with London feeling the pinch

Rents in the UK were fairly static or started to fall during February, according to the main industry polls, with landlords hesitating to raise rents because of fears that tenants won’t find them affordable.

Rents in the UK were fairly static or started to fall during February, according to the main industry polls, with landlords hesitating to raise rents because of fears that tenants won’t find them affordable.

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BT fined £42 million for late installations

BT has been fined £42 million after an Ofcom investigation found failings with its installation arm, Openreach.

BT has been fined £42 million after an Ofcom investigation found failings with its installation arm, Openreach.

This fine comes after Openreach failed to install high-speed lines on time, and then failed to pay full compensation to the other providers. These failings occurred between January 2013 and December 2014.

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Savings update: Isas and taxable accounts rates

Coventry Building Society has raised the rate it pays on its Easy Access Isa 5 to a top 1.05%. It is available online, through its branches and by post or phone and accepts transfers from other providers.

Coventry Building Society has raised the rate it pays on its Easy Access Isa 5 to a top 1.05%. It is available online, through its branches and by post or phone and accepts transfers from other providers.

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Is the Innovative Finance Isa a damp squib?

It has been a sluggish start for the innovative finance Isa (IF Isa) until this point. Major peer-to-peer lenders are still waiting for approval from the Financial Conduct Authority (FCA) to introduce the Isa on their platform, and many investors have never even heard of it, according to a new survey.

It has been a sluggish start for the innovative finance Isa (IF Isa) until this point. Major peer-to-peer lenders are still waiting for approval from the Financial Conduct Authority (FCA) to introduce the Isa on their platform, and many investors have never even heard of it, according to a new survey.

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