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Stat Of The Day |
$12,170 |
Pay full price for a new home? Never. A recent survey shows that with a little negotiating, the average homebuyer is able to shave an average of $12,170 off the listing price of a new property. |
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10 In-Demand Remote Jobs Paying $100k Or More |
If you’re looking for a new WFH opportunity, get your resume and cover letter ready. According to Flexjobs, a website that helps people find remote work, there are 10 in-demand remote jobs hiring right now that pay $100,000 or more.
According to experts, two sectors where remote opportunities are plentiful are sales and customer service. "Business Development Directors, Customer Success Managers and Account Directors are roles that are needed across several industries, so it makes sense that these roles are in demand," says Toni Frana, Lead Career Expert at FlexJobs.
Without further ado, here are 10 in-demand remote jobs companies have been hiring for recently that will snag you a salary of $100,000 or more. |
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This Week In Your Wallet |
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Satisfying your FOMO could cause regret when it comes to your $$$. The Hustle surveyed 350 people who recently splurged on experiences, like tickets to sporting events, or concerts (Oasis tour, anyone?). "While just over half reported the high prices didn’t dampen their satisfaction level, nearly 37% said their experience was at least a little bit of a letdown because of the expense," reports The Hustle. The regret (called "experiangst" by some) comes at a time when Americans are spending more than ever on experiences. One recent survey showed that 38% of Americans were willing to go into debt to travel, dine out or see live entertainment.
ICYMI, there’s been another delay in the release of the FAFSA form, also known as the Free Application for Federal Student Aid. If you’re the parent of a college senior, experts say there are things you can do now to prepare for its release, which is slated for December 1, two months later than usual. "One college aid expert suggested preparing a list of prospective colleges to include on the form and researching scholarships," reports Ann Carrns for The New York Times. If you haven’t done so yet, experts say you should "create a Federal Student Aid ID on the studentaid.gov site. That’s a username and password combination used to establish an online account and submit the FAFSA."
Are you a stealth shopper? You probably are, and you may not even know it. "If you’ve ever bought items secretly and hid the purchase or lied about the cost of a purchase, then you’ve ‘stealth shopped,’ and it’s more common than people might guess," Molly Burrets, a clinical psychologist and adjunct professor at the University of Southern California, tells HuffPost. One way to overcome a stealth shopping habit is to build "fun money" into your budget, say experts. "I recommend that couples who share finances agree on a spending limit for purchases outside of what’s budgeted," says Burrets. "This offers each partner a degree of financial freedom that is healthy." |
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Things That Save You Money |
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$5,000 for a wedding? It’s a far cry from the national average of $35,000, but doable, according to these couples, who made budget-friendly swaps, like food trucks instead of a high-priced caterer, and opted for low-cost or free venues. One couple considered tying the knot in a bookstore (which we love, BTW), for example. |
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Less waste, more savings. The Flashflood app connects shoppers with stores looking to get rid of food nearing its expiration date. Users say they save up to 50% off regular prices. |
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This takes "do the Dew" to a new level. Mountain Dew will pay five lucky people $10,000 to move to the Mountain Time Zone, which includes Arizona, Colorado, Idaho, Montana, New Mexico, Utah, and Wyoming. The deadline to enter (and potentially save major $$ on moving costs) is September 30. |
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3 Strategies To Make Sure You Retire With Confidence |
If you’re approaching retirement and not quite feeling ready, you’re not alone. A recent survey by AARP found that many Americans over 50 just aren’t feeling confident about their finances — and one in five report having no retirement savings at all.
In her new book, How To Retire: 20 Lessons For A Happy, Successful, And Wealthy Retirement, Christine Benz asked 20 retirement thought leaders (including HerMoney CEO Jean Chatzy!) to take a deep dive into a single lesson that they believe contributes to success in retirement.
This week, Benz joined the HerMoney Podcast* to talk through her top 3 tips on how to plan for the retirement of your dreams, including considering a "semi-retirement," where you don’t retire fully but instead, scale back how much time you’re putting in at the office.
"You’ve got a lot of people hurtling toward retirement without adequate savings," Benz says. "So, for some people, it’s a way to save longer, and to have additional years of compounding, to forestall actually spending from whatever investment assets that they’ve managed to save." |
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The HerMoney Podcast is made possible by Edelman Financial Engines. |
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Get your Complimentary Wealth Checkup |
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You’ve been planning for retirement for some time. You can’t predict the market, but you can prepare for it. Edelman Financial Engines can help answer questions, like when to collect Social Security and how you may be able to turn your savings into the retirement income you need. Get your Complimentary Wealth Checkup today where you can discuss your goals with a wealth planner. |
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Ask Jean |
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Q: |
I’m coming up on some pretty hefty healthcare bills at the end of this month that will more or less decimate my emergency fund. I’m looking for suggestions to navigate the surprise financial hit without having to completely start over. |
A: |
This is a tough–not to mention stressful–situation. You’re far from alone, though. One recent analysis found 14 million people in the U.S. owe more than $1,000 in medical debt. 3 million of those individuals have medical debt totaling over $10,000.
There are a few options I’d consider pursuing. First, talk to your providers and see if they’re able to offer a payment plan. Spreading payments out over several months could provide you with a bit of breathing room. Some may even offer discounts, if you pay your entire bill upfront, for example. Long story short, it’s worth seeing if they’re able to work with you in some way. You may even want to look into a credit card (like CareCredit) that doesn’t charge interest as long as you pay the balance off in the agreed-upon timeframe. Just be sure you don’t go over or interest for the entire period can be charged.
In addition, some people hit with surprise medical bills are able to tap into assistance from charitable organizations. According to the Consumer Financial Protection Bureau, this is commonly known as "charity care," and you can get more details on your options, here.
While I’m sure you’ve already thought of this, it’s worth mentioning that if you have an HSA or FSA, now is a good time to utilize it. |
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Submit your questions to Jean here. |
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More For You To ♥ |
🎧 Got CDs? No, not those kinds of CDs. We’re talking about certificates of deposit, which have interest rates hovering at a high we haven’t seen in years. On this HerMoney Podcast, John Blizzard, CEO of CD Valet, breaks down everything you need to know about CDs.
💛 Women are more likely to outlive their retirement savings than men. It’s why Gainbridge® created ParityFlex™, a multi-year guaranteed annuity¹ that caters to women’s unique retirement needs. With a Guaranteed Lifetime Withdrawal Benefit and flexible withdrawals, it’s like having a paycheck for life. Plus, you’ll get guaranteed returns at 5.95% APY. Learn more here.**
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We maintain a strict editorial policy and a judgment-free zone for our community. We strive to remain transparent in everything we do. Website posts and newsletters may contain advertisements, links and mentions of products from our partners. Learn more about how we make money. |
*The HerMoney podcast is proudly sponsored by Edelman Financial Engines. Unlock your wealth potential with our sophisticated wealth planning. Continue your journey at EdelmanFinancialEngines.com. Sponsored by Edelman Financial Engines – Modern wealth planning. All advisory services offered through Financial Engines Advisors L.L.C. (FEA), a federally registered investment advisor. Results are not guaranteed. AM3328131.
HerMoney is not a client, agent, representative or affiliate of EFE.Edelman Financial Engines ("EFE") is a sponsor of the "HerMoney with Jean Chatzky Podcast," created by HerMoney Media. Inc. ("HerMoney") and provides cash compensation to HerMoney Media. HerMoney receives a sponsorship fee from Edelman Financial Engines depending on the number of podcast downloads, as measured by the end of the calendar year. The sponsorship fee is paid on a quarterly basis each year. In turn, HerMoney also provides promotional deliverables regarding EFE on the HerMoney podcast, newsletter, and social media channels. Due to this sponsorship arrangement, HerMoney has an incentive to endorse EFE and its services. |
**This is a sponsored post
¹ Withdrawals are taxed as ordinary income and, if taken prior to age 59 1/2, there may be a 10% federal tax penalty. Withdrawals may result in a surrender charge or a market value adjustment (MVA) and excess withdrawals may result in a reduction of future payments under the guaranteed lifetime withdrawal benefit. Guaranteed Lifetime Withdrawal Benefit provided so long as your account value hasn’t gone to $0 due to excess withdrawals. Annual Percentage Yield (APY) rates are subject to change at any time, and the rate mentioned may no longer be current. Please visit Gainbridge.io for current rates, full product disclosures and disclaimer. ParityFlexTM, a multi-year guaranteed annuity, is issued by Gainbridge Life Insurance Company in Zionsville, Indiana. |
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