All Articles Tagged "finances"

7 Tips For Saving Cash Now From Tiffany “The Budgetnista” Aliche  

July 6th, 2016 - By Kweli Wright
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Tiffany, also known as The Budgetnista

Tiffany, also known as The Budgetnista

Every woman knows that having the money to pay for the things you want is one of the best feelings in the world.  It may even rank higher than finding those designer shoes you want for 70 percent off.

If you’re looking for ways to get your finances on track or simply save more cash now, Tiffany “The Budgetnista” Aliche has got you covered. As author of The One Week Budget, The Live Richer Challenge and visionary behind the Live Richer Challenge Movement, Aliche has helped thousands of women take control of financial futures. Here are her top tips for helping women–especially moms–to start saving cash now.

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Tip 1: Don’t feel Ashamed

When I ask women what was the number one lesson that you learned (from my book and course); nobody says anything about money. The answers they share are “don’t give up,” “you’re not alone,” and “you can do it.” The problems I really help people solve are really learning how to ask for help and getting over any shame.  

Lesson: Don’t let your fear keep you from getting started on your financial goals. Everyone has to start from the beginning.

 

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Tip 2: Visualize Your Goals

If you write down your goals or create some kind of physical representation you increase the chance of attaining those goals by about seventy percent. I have the women in my program do a vision board of what exactly do they want out of life and then how can we use money as a tool to get there. If I gave you a plane ticket to fly anywhere in the world, and you’re like “I don’t know where I want to go,” then the plane ticket doesn’t matter. Creating a vision for yourself and being clear about your goals is essential for success.

Lesson: Physically writing down your goals or creating a vision board drastically increases your chances of achieving them.

 

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Tip 3: Create Money Buckets

A money bucket is just an online only savings account that allows you to easily save and measure your money, like rain in a bucket. The beauty of having an online only savings account is you can create as many categories or buckets as you want or need. I have one for my travel, one for my house and one for a car. You could have one for birthdays, vacations and if you are a mommy, you might have one labeled sports for your kids’ activities. You can open as many savings accounts as you would like and then name them so that you would know exactly what the money is earmarked for.

Lesson: Being specific about what you’re saving money for makes it easier to track your savings.

 

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Tip 4: Remove Temptation

Another great thing about having an online only bank is that it helps if you get tempted to spend the money. Let’s just say, if you are at Target and you see something cute that might make you want to dip into your money bucket. Unless you are willing to sleep at Target for two to five business days, you can’t make an impulse purchase. Because it takes two to five business days to transfer money from your online only savings account back to your regular checking you don’t impulse buy. Since there are no physical banks it forces use your money only for the goals you were saving for.

Lesson: Eliminating the chance for making impulse purchases will allow you to ensure you only dip into your savings went absolutely necessary.

 

Budgetnista 3Tip 5: Don’t Leave Money on the Table

There is a great website, Magnifymoney.com that actually rates banks for savings and other financial products. What I love about them is, they do not take money (from banks to be rated). So Magnify Money will rate a bank A, B, C, D, and F, based upon what they really believe about the bank. So you can search for a bank that will give you the highest interest rate on your savings with no surprises.   

Lesson: You’re bank shouldn’t be the only ones profiting from your money. Choose a bank with the best interest rate, so your savings grows even faster.

 

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Tip 6: Be A Savings Ambassador

When it comes to the Live Richer Challenge, I encourage women to share (what they learn). My goal is to help the women who work with me know that they are an ambassador. You’re not just learning for yourself; you are learning for your sisters, your nieces, your nephews and your children. That it is your job to teach them what I have taught you.

Lesson: You should help prepare those around you for financial success by sharing what you’ve learned about saving and budgeting.  

 

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Tip 7: Seek Out Help

One of my goals is to always be a resource for women to get free help should they need it.  To get started, I would encourage women to go to livericherchallenge.com, and sign up. Then the next thirty-six days, you’ll get one free easy financial task in your inbox. And at the end of thirty-six days, you’ll have a new money mindset, a new budget, a new savings plan, a credit plan, a debt plan, beginning insurance plan and an investment plan all for free. And even better, you will be invited to join my private forum, where there are 12,000 women, just like you who are helping each other towards their financial goals. With all of that available there is no excuse not to get on financial track right now.

Lesson: The best day to start saving was yesterday. The next best day to start saving is today. Don’t wait any longer.

Can You Have A Baby While On A Budget?

June 20th, 2016 - By Melissa Edwards
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Corbis

As most of us already know, having a baby can put a serious dent in your wallet! Between healthcare costs, medical expenses and essentials for your baby, there can be little to no disposable income left over at the end of the month.  So how do you manage to give your baby everything he or she needs without breaking the bank? Here are some tips we hope you find extremely helpful.

1. Accept and Ask For Hand-Me-Downs

As one of the last of my friends to have children, my mommy girlfriends were all too happy to part with baby clothes and gear they no longer needed.  This mutually-beneficial arrangement allowed them to clear up some much-needed storage space while helping me avoid paying for a number of items, most of which the baby would only need for one to three months anyway (since a baby’s needs vary so much by their ever-changing stages and are most items are quickly outdated).

2.    Breastfeed

In addition to providing optimal nutrition for your baby, breastfeeding is also extremely cost-effective since it eliminates the need to constantly restock formula, bottles, disinfecting and warming devices, etc. Granted, not everyone might be lucky enough to produce enough milk, or for other reasons, the baby may not be able to breastfeed, but if you can, nursing is a great way to cut back on baby rearing expenses.

3.    Invest in Fewer Baby Clothes

Most new moms especially are easily enticed into buying “adorable” outfits for their little ones. But before you break the bank setting out to doll up your baby from head to toe, consider how quickly they will outgrow those designer newborn onesies  – most of which might only be worn a few times at most. When you start retiring outfits faster than it took to purchase them, you quickly realize the time and money wasted.

4.    Skip the Designer Stroller

As a new mom, I had no idea how pricey some strollers could be until a friend offered to sell me her $900 stroller for half the price.  Can you say “sticker shock!” The fact that she only used it for barely a year and already needed to update to another style to accommodate her second baby on the way, made me realize that an expensive stroller might not be the best investment.  Instead I opted for a budget-friendly ‘travel system.’ Considering I’ll already need to update the car seat portion in a few months, I’m glad I didn’t overspend on this purchase.

5.    Don’t’ Be Afraid to Go Generic

Wanting the very best for your baby is only natural.  However, as an aunt to three teenagers, I’m fully aware that there will eventually come a time when they will ask for and appreciate brand name items. Until then, your baby won’t mind if you’re not buying the premium diapers, wipes or other products, so enjoy that freedom to consciously budget while you still can.

Stonegate Bank To Issue The First Credit Card For Travelers To Use In Cuba

June 17th, 2016 - By Lauren R.D. Fox
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This past Tuesday, Stonegate Bank announced it will issue the first United States credit and debit cards that can be used in Cuba. As the Associated Press reported, Stonegate Bank’s Mastercard will help travelers make purchases at state-run businesses or private restaurants that have point-of-sale devices in Cuba.

“The Cuban government is exempting the cards from the 10 percent government penalty on dollar transactions, making them the cheapest legal way for travelers to move dollars to the island,” AP reported, also noting the Cuban government’s plan to completely remove the 10 percent penalty once international banks allow the country to have their international transactions in dollars.

Prior to this new financial bridge between the United States and Cuba, those traveling to Cuba had to solely use cash and exchange it at state institutions or local cambios (money exchange businesses in Latin America), The Travel Pulse pointed out. Although Stonegate Bank Mastercard and debit cards will help tourists move with more financial freedom throughout the Latin island, as of now no cash advances are being processed in the country. It should also be noted many of the 10,000 point-of-sale devices in Cuba are not in service so just how far this Mastercard will take you remains to be seen.

Despite the setbacks, officials from Stonegate Bank told Travel Pulse that 100 Americans citizens and businesses have already requested the credit card and half of those requests were from educational institution and travel companies.

Does It Cost More To Raise A Boy Or A Girl?

June 15th, 2016 - By Allyson Leak
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Most parents will probably agree that raising a child isn’t cheap. There are so many basic necessities that add up each month like food, clothes, toiletries and school supplies. And what about the other things like extracurricular activities or unexpected medical costs for an ailment or a child that’s unwell?

In 2013 the U.S. Department of Agriculture proved just how costly it is to raise a child by releasing a report called “Cost of Raising a Child.” They found that for a middle-income family in the U.S. to raise a child up until 18 years old costs on average $245,340.

But is it more expensive to raise a boy or girl?

The financial site MoneyTips recently did a survey of almost 500 parents around the country asking  “which gender is more expensive to raise?” 60 percent of parents all thought it was more expensive to raise a girl and it said that those parents spent more on their girls in clothing, toiletries, and school supplies.

However a UK study from Halifax bank says that parents thought boys were more expensive because they have more wear and tear on their things like clothing, shoes, furniture, and even toys. Halifax said: “Boys are more likely than girls to need items of uniform replacing more frequently due to wear and tear than girls, and with a greater number of extra curricular sports favoured by boys, the cost of buying and replacing the kit for these can add up.”

Regardless of how expensive some people feel it is to raise a boy or a girl, raising kids in general is still pricey. One way to cut back on costs is to budget and plan ahead. Here are some tips that may help.

Tip #1 Shop During Sales And Use coupons 

This isn’t always easy to do but that extra amount of effort on your part could save you hundreds of dollars at the grocery store and for clothing and possibly toiletries for your entire household.

Tip #2-Keep Your Receipts For Each Month

When you have time go back and separate them into categories so you can see how much money you spent on groceries, eating out, and extra curricular activities. That way if you are in a bind it will show you where you can cut something for the next month. And if you want to go the extra step keep a budget going every month to help you stay on track and monitor your spending.

Tip #3 Don’t Be Afraid To Barter

Don’t be embarrassed or afraid to introduce bartering into your life. If you are low on cash one month and need a babysitter then ask a trusted friend if she can watch your kids and tell her you will watch hers next time for free when she goes out.

Tip #4 Vintage Is Your Friend

If you aren’t afraid of used or some slightly used things there are many low cost options or sometimes even free things at your disposal. You can make it a weekly routine on a Sunday evening for half an hour to check your local paper or a trusted mom site for people giving away free things like children’s furniture. Sometimes someone has to move to another city quickly and they don’t want the hassle of taking a lot with them. Also places like Good Will or other local vintage stores offer kids clothing at a very low cost.

 

How To Keep Money Issues From Messing With Your Relationship

May 31st, 2016 - By Meg Butler
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Image Source: Shutterstock

Love is supposed to conquer all, even money issues. But while you’re able to get away with refraining from having those tough conversations early on, relationships that have reached a more serious level require earnest money talk.

Money matters break up more serious relationships than almost any other issue. Luckily, there’s a way to save what you have and still and work together on monetary concerns.

Talk about problems before they pop up or get really bad and they’ll soon be a non-issue in your relationship. Already arguing about money? Learn how to make those discussions productive and you can put that energy into saving more and fighting less.

How do you handle money issues in your relationship? If you have tricks to keep money as a non-issue, share it in the comment section so we can add it to the list.

Are You Financially Ready For A Relationship?

May 27th, 2016 - By Deja Jones
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It’s free to walk up to someone, to slide in a person’s direct messages, or to slide your number in their hand (or their phone) at a social event, but to actually make a real effort to date them? Now that’s expensive.

In the early stages of dating, the impression you make is important, so you have to choose date venues, activities, and ideas wisely. There’s the pressure of keeping the other party interested, excited, and happy because you don’t want to bore them to death in the process of getting to know them. In the age of $200 date debates, are you ready for this new age of dating standards and expectations? More importantly, can you afford them?

According to Cosmopolitan, the average person will spend between $80-$100 on a single date night. Doing simple math, if you plan about two dates a week, you could find yourself spending upwards of $800 a month. A recent study by Match.com showed that American singles spend about $60 a month on dating, and if you live in a large city, that number basically doubles. It’s not uncommon to splurge in the beginning of the relationship, especially on the first date when you want to make a good impression and show the other party how serious you are about getting to know them, but as time goes on in the relationship, you’re quick to realize that your pockets can’t handle it anymore. Don’t get me wrong, there’s nothing wrong with staying in some nights, ordering food, and watching a movie together, but when that becomes your go-to “date,” things can get a bit boring pretty fast.

After surveying a few social media followers on whether finances determined their dating patterns, most admitted to being single because they couldn’t afford to pay their own expenses while also attempting to “wine and dine” someone “every other night.” There were a few followers who said they try to be creative with date ideas in order to save money. Some still resided with their parents and expressed that while they could afford to date someone, it usually didn’t go far because of their living situation. But the consensus was that yes, dating is expensive. It’s something you have to budget for as an entertainment expense. And with prices going up rapidly for many date night activities (remember when movie tickets used to be around $7?), sometimes it feels like you can’t get to know someone without spending a pretty penny.

If you find yourself in the position where you have to say a prayer every time you hand the waiter or cashier your credit card hoping that your payment is processed, chances are, dating is a financial burden for you. If you find yourself constantly bringing up splitting expenses on a sneak tip because you don’t want to just come out and say you don’t have enough and would like for your date to help, you can’t afford to date. When you find yourself constantly swiping when you’re already near the red and hoping you have enough funds in your savings to cover overdraft fees, dating shouldn’t be a priority for you right now. And when the reason you can’t go out on dates is because you’re struggling to pay bills, get groceries, and barely function, you have to ask yourself, are you financially in a place to build with someone towards a relationship or do you need to focus on getting your life together?

Super Easy Ways One Single Mom Cut Spending And Saved $12,000 A Year

May 18th, 2016 - By Kweli Wright
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A little over five years ago, I left my job to start a career as a freelance writer. My goal was to have more time with my kids, more energy and more time to be a better mom. I didn’t expect to get rich — but I didn’t care. All I needed was to be able to pay the bills so that I could get back to writing my books. I expected to make a lot less money and I was willing and prepared to live on a lot less, too.
I would be leaving my job with no savings above a couple of months’ expenses, no contacts in the writing field, no experience writing professionally and no idea how long it would take to become self-sufficient. What I did have, though, was a pretty good idea that the lower my monthly expenses were when I worked my last day, the longer I would have to get going and the more freedom I would have to write about what I wanted to write.
Although I’ve never been much of a spender, I found several ways to cut my expenses to the bare bones — and I actually had a lot of fun doing it. 
Because my budget was already pretty tight (recently divorced, three kids still at home, mid-level management job), I really had to look closely at what I was spending in order to figure out ways to cut my budget even more.
I discovered there are really only four areas where you’re free to cut at will, meaning that everything else is either a necessity or out of your control like rent, utilities, medical insurance, etc. Those four areas are groceries, entertainment, clothing and personal upkeep, and miscellaneous. To me, miscellaneous includes purchases I never think about, like a pack of gum or hair ties.
Here are eight ways I slashed my expenses dramatically, even on an already tight budget.
1. Swap fast food for good food.
Every mom on the planet knows what I mean when I say you don’t usually plan for (or even want) half of the meals you go out and buy. But you ran late at work, you forgot to turn on the crock pot, and you end up at an inexpensive restaurant just to get dinner ticked off the to-do list with minimum time and energy.
What really got to me was that we rarely actually enjoyed these meals. It was just calories. So I decided fast food was off the table. Non-negotiable. I planned ahead, I used the crock pot, I cooked two meals at once, I did a little freezer cooking on weekends but I made sure that we never had to go out for a meal, just because.
However, I occasionally enjoy a nice meal out (and I wanted my kids to have incentive for this change) so I earmarked $40 per month for a really good meal out (we don’t have expensive taste). This $40 was far less than the $200 a month we were spending.
MONEY SAVED: $160 per month or $1920 per year.
2. Be your own barista.
I’m a coffee snob. I grew up on Cuban coffee, called café con leche, which is similar to a latte. I cannot and will not drink American swill. When I was working outside the home, I spent a huge amount of money at Starbuck’s and I knew I had to cut it out, so I got myself an inexpensive espresso machine and a really cute travel cup and started making my own — and the best part? It tastes better!
MONEY SAVED: $75 per month or $900 a year.
3. Skip the grocery store; try a grocery salvage.
One thing I have never been able to scrimp on is nutrition. As a kid, I knew what it was like to be hungry. I have always made it a top priority to have plenty of food in the house and to make it as nutritious as possible. That meant organic dairy and produce and stuff to pack healthy lunches for the kids.
I used to spend about $600 a month for the four of us, which included plenty of coupons. Then I discovered our local grocery salvage and my first trip there, I swear I heard an angelic chorus singing. (For the record, a grocery salvage isn’t about dented cans and expired store brands. Grocery salvage stores typically buy stock of both fresh and pantry foods by the semi-truck load and pass the savings on. Those savings are enormous.)
Here are some of my recent buys:
A case of 14 fresh, marinated 3 to 4lb chickens – $11
A case of 24 Muller Greek yogurt – 99 cents.
½ gallon of Full Circle organic almond milk – 79 cents.
Whole fresh cauliflower – 2/$1.00
A case of 26 rib-eye steaks – $35
12-oz. wedges of brie cheese – $2.99
2 lb. marinated and frozen Hormel pork loins – $2.99
Organic cantaloupe – 2/$1.00
1 lb. bags of fresh organic kale and spinach – 4/$1.00
As you can see, you can get huge deals on really high-quality foods, in addition to normal canned and boxed goods. Since I started shopping almost exclusively at the salvage (I sometimes have to get milk or eggs or butter at the grocery store) my monthly grocery expense has dropped to $300 per month.
MONEY SAVED: $300 per month or $3,600 per year.
PS: To find a grocery salvage near you, check the Internet and your phone book for grocery wholesalers and grocery salvage. And don’t let the outside appearance of the place fool you.
4. Ditch your cable.
When I was working outside the home, we spent $165 for the cheapest cable option and internet service. That was $1980 per year. I work online, so I needed the internet, but I knew cable was going to have to go.
I cut back to just the Internet (with another company to get a $35 deal), and we had nothing but Netflix (nine dollars) for two years. As I started making good money, we switched to a Roku and now have Netflix and Amazon Prime. I paid $99 for the Roku, $99 a year for prime and $108 a year for Netflix.
We not only didn’t miss cable (the kids found plenty of stuff to watch, and so did I) but we spent more time together playing games, going to the pool or just GASP: talking to each other.
MONEY SAVED: $1872 per year the first two years and $1,674 per year since then.
5. Change your cell service and cut your landline.
When I was starting my freelancing career, I was paying for the “cool” phones for both myself and my then 13-year-old daughter, plus contract service. It cost us $170 per month. I paid off our contract the month before I left my job (it was up anyway), let my daughter keep her phone but sold mine and used the money to get a less cool phone for me and Straight Talk monthly service for both of us. Our monthly cell phone expense dropped from $170 to $90.
Also, since I was going to be working at home, I got rid of our landline and saved an additional $25 per month or $300 per year.
MONEY SAVED: $1260 per year.
6. Shop thrift.
Disclaimer: I’ve always loved thrift shops. But this one is for the moms who are still using your credit cards (or what little extra cash you have) to shop brand-name for you and your kids.
I’m lucky in the sense that because I work from home, I can wear whatever I want — and that tends to be jeans, yoga pants and Old Navy cargos. But when I was working outside the home, I had to dress nicely and I wore everything from Ralph Lauren to Tahari to Milly. BUT: I got everything at the thrifts. (You can’t imagine the fun of finding last season’s Milly dress, in your size, for seven dollars.)
Even now, I may wear jeans, but they’re Seven for All Mankind, Citizens for Humanity and Hudson. My now-16-year-old daughter wears nothing but American Eagle, Aeropostale, Journeys, Buckle, Roxy and Hollister. My ten year old boy/girl twins wear mainly Gymboree. I spend about $600 per year for all of us, and that includes new thrift wardrobes every spring and fall and periodic shopping here and there.
MONEY SAVED: $600 per year.
7. Visit your library.
I’m a read-a-holic and I’m not interested in a 12-step program. I love to read books and magazines (magazines were my weekend treat) and before I started freelancing, I spent about $100 per month on new books from Amazon and magazines from the grocery store.
A few months before quitting my job, I got us all library cards and limited my magazines to those I got for free. My monthly expenses for books went from $100 to about five dollars. I also have a Kindle app on my phone and download tons of free books for the kids and me.
MONEY SAVED: $1,140 per year.
8. DIY your hair and nails.
When I was working in management, I spent about $40 per month on gel nails and about $60 per month (all told) on coloring and highlights.
Working from home gives me more freedom to look as bad as I need to — and I get that. But I think I look just fine with my $12 home coloring every three months and my DIY mani/peditreatment.
MONEY SAVED: $1,100 per year.
Between just these eight things I’ve shared with you, I managed to cut $12,000 a year from my expenses. That made all the difference in being able to work from home. We’ve had tight months since I started freelancing but we’ve always paid the bills from the get-go — but only because my bills were so small!
You have two choices: you can make more money or you can need less. To be honest, I like the freedom that comes with the latter.
Originally appeared on YourTango.com

Affirmations That Will Encourage You To Get Your Finances In Order

May 17th, 2016 - By Meg Butler
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Image Source: Shutterstock

A lot goes into changing your financial future. It’s not easy to do, but it’s possible to turn questionable spending, saving and bill-paying habits around. Success, no matter the kind, always begins with changing your mindset. Whether you’re looking to start your journey to “getting to the money” at the end of the rainbow or need to turn the future of your money around and don’t know where to start, all you need is that push. That encouragement to reach your goals. That’s why you should keep the following affirmations in mind. Stick them on your mirror, save them to your phone, put them in your wallet and keep them close.

These positive quotes will help you figure out what you need to do to be more financially stable, and remind you to stick to your goals no matter what life throws your way — even if money isn’t all you want to attract to your life. What affirmations do you use to inspire you when it’s time to hustle toward your goals?

I Think It’s Sad That Moms Are Crowdfunding For Family Leave

April 13th, 2016 - By Clarissa Joan
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The Today Show recently reported that new parents in America are turning to crowdfunding platforms, i.e. gofundme.com, in order to finance their family leave for newborn care. Currently, there are over 1200 families with active fundraising campaigns. “GoFundMe campaigns that mention maternity leave or child care have raised over $8.8 million across 5,800 fundraisers” spokeswoman for the company, Kelsea Little, told The Today Show.

It is a testament to the intelligence and resourcefulness of this generation that young families are using 21st century technology, such as social media, to solve for decade old issues such as income inequality and the lack of adequate child care in America.  

But should these working families have to raise money to care for young children? Why is this necessary in the most educated, hardest working and wealthiest nation in the world? If hard-working men and women, cannot afford to care for the most innocent and vulnerable among us, whose life really matters in America?

The United States of America is the only developed country that does not mandate maternity or paternity leave for families. The Family and Medical Leave Act of 1993 guarantees that new parents can take up to 12 weeks off without risk of losing their job, however, this is guaranteed unpaid leave. Only 12 percent of new parents in America have access to paid leave for the purpose of taking care of a newborn.

Over a million people have tuned into entrepreneur Jessica Shortall’s Ted Talk “The US Needs Paid Family Leave.” Shortall makes the case that leave is not just important for funding the love of young families, it is a vital component that ensures the economic well-being of American workers and their families, the people who actually fuel our economic progress as a whole.

After announcing to family and friends the great news of expectancy, most new parents are forced to put their celebrations on hold while they figure out how to finance parenthood.

Crowdfunding is normally associated with the need to source money for new companies, projects, and initiatives. These are ideas that individuals are developing to enhance society’s quality of living in addition to our basic needs. I.e. no one needs UBer, Facebook, Twitter, or an Iphone to live well, but they do make life easier.  People interested in creating organizations such as these use crowd-funding platforms for financing. The caveat, in addition to having a great idea, is that these ideas must be able to make money/profits down the line.

What does it mean when parents have to use these same platforms to raise money to validate the value of young children/babies? This is disgusting and shameful and not on behalf of the parents. Over and over again, be it wage inequality, failing public schools, wall street bailouts, student loan deficits, low quality high-priced healthcare, and the prison industrial complex, it is proven that GDP matters more than the wellbeing of human life in America.

According to US Social Security data, the average American worker makes $28,031 per year pre-tax. Now the reported average cost of living per person in America, including housing, food, transportation, clothing, health care, and taxes, all the things a person needs to maintain life, equates to $28,474. This means that the average working person in America is operating at a deficit of -$433 per year. This does not include the cost of passions, education, vacation, relaxation, and other pleasures in addition to variances in lifestyle choices like location inflation costs and health status.

Please keep in mind that this number rises for married couples and families with children, who also operate at deficits just to afford the basic needs of life.

Life as an American is expensive. It not just requires us to work hard to maintain our living, but to work hard and still not be able to maintain living. Most working Americans are operating at a deficit and it has nothing to do with their education levels and/or their ambition to create a good life for themselves. Numbers show that even single working people in America are struggling. In light of this fact, what hope is there for the working adults caring for elders and/or children who cannot provide for their own wellbeing?

What kind of America do we live in where working parents are forced to raise money as a company or not-for-profit in order to care for their children? The American people are being robbed of their livelihoods and the most important aspect of life, love and family. If you work hard to contribute your human capital to the wellbeing of society, you should be able to afford a life worth living for. This is not the case in America, and it is sad.

Congratulations to these new families who are being resilient in the face of systematic oppression of the working American. These individuals deserve every dollar they raise time 100, because it the words of the great orator Eminem, “It’s a sick sad world we live in these days.”

Clarissa Joan is a spiritual life coach and editor-in-chief of The Clarissa Joan Experience, a multi-media inspirational platform. She resides in Philadelphia with her husband, their two girls, and a yorkie named Ace.

Have You Heard Of Airfordable? The “Layaway For Airline Tickets”

April 13th, 2016 - By Lauren R.D. Fox
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Image Source: Shutterstock

A Chicago startup named Airfordable might just be the go-to for booking your next trip abroad. Priding itself as a “layaway for airline tickets,” Airfordable allows travelers to pay just one-third of their flight price upfront when using their website and then pay off the remaining balance in bi-weekly or monthly installments. And the maximum airfare, which can be purchased 11 months in advance, is a generous $2,000 per person.

Co-founder of Airfordable, Ama Marfo, developed the Airfordable business model after wanting to visit her family in Ghana but not being able to because flights were too expensive and she didn’t have a credit card. In an interview with Condé Nast Traveler, Marfo said “although many people pay for flights on credit cards and then pay off the cards, Airfordable could stand out by not charging interest.”

There is, however, a 20 percent service fee (that can be paid off along with your payments) for using the site, but if you’re a part of Airfordable’s target demo which is people who have poor credit, expats, visitors and residents who cannot obtain a U.S. credit card, that fee may not matter.

Although there are many who criticize Marfo’s Airfordable business technique because they believe you shouldn’t travel if you can’t afford it, she notes that it will teach people to budget their fiances and give them access to travel. Also, if travelers cannot make their payments or must change their travel plans, the money they already paid will be credited to their Airfordable account and can be used within a year towards a different flight.

Will you be booking with Airfordable?