Forget Aspen and consider the Alps. Depending on how close you live to the mountains, it may actually be cheaper to ski in Europe, including flight costs, than to ski in the U.S.
Skier Sam Weintraub, founder of ski resort review website PeakRankings, can attest to the price difference — after all, he’s skied at about 135 resorts worldwide. This past January, Weintraub hit the slopes at six European ski resorts across 20 days. He spent $3,800 in total, including $800 on a round-trip flight to Geneva, Switzerland, from Newark Liberty International Airport.
Weintraub paid about $670 out of pocket for eight days of lift tickets. As for the other 12 days, he flashed his Ikon and Epic ski passes, which are season passes to select ski resorts worldwide. (Those pass prices weren’t included in the $3,800 total price estimate since he had already been using them in the U.S. earlier this ski season).
But he said even travelers who pay for lift tickets individually could see significant savings. The average daily U.S. ski lift ticket costs $198 this ski season, according to vacation rental booking site HomeToGo, which analyzed 48 major U.S. ski areas. Meanwhile, Weintraub paid on average just $83.75 per day for lift access at resorts not covered by his passes.
With a combination of getting a good deal on flights and lift tickets, a European ski trip could be less expensive than you think. Here’s how:
Deals abound on European lift tickets
The lower cost of skiing in Europe is largely due to cheaper lift tickets. A single lift ticket in the U.S. can sometimes cost more than $300 per day. At Deer Valley, which is one of Utah’s priciest resorts, you’ll owe $315 for a one-day adult lift ticket on most weekends after taxes and fees. Tickets for children can cost more than $195.
Contrast that with deals found in Europe, such as Switzerland’s Jungfrau region. Located at the foot of the Alps, it’s traditionally thought of as an expensive bucket list destination. A one-day ski pass costs 75 Swiss francs (about $85 at the time of writing).
But the deal gets even sweeter for families. On Saturdays, each adult who buys a one-day ticket can bring up to three children for free. That’s just over $20 per lift ticket for an adult with three kids who takes full advantage of the deal.
Some people chalk up the lower cost of European lift tickets to increased competition. In the U.S., there are more than 500 ski resorts. In Europe, which is similar in land area, there are almost 4,000 ski resorts, according to ski data provider Skiresort Service International.
Ski passes for international ski resorts
Weintraub’s Ikon and Epic Passes accounted for a big chunk of his low trip costs. These season passes grant access to various resorts worldwide, including three of the six resorts visited on his trip. Depending on how much you ski in the U.S. and abroad, such passes might help you save as well.
If you’re skiing for about a week or more in Europe specifically, multi-resort passes might also be cheaper than one-day lift tickets. For example, Italy’s Dolomiti Superski offers a 500 euro pass (about $540) that lets adults ski eight days across any of its 12 interconnected resorts. That’s less than $70 per day.
Flights to Europe can be affordable
Airfare may be a huge chunk of the budget of skiing in Europe, but it’s getting cheaper. According to the American Express Global Business Travel (AmEx GBT) Air Monitor 2024 report, average economy airfares from North America to Europe are expected to drop by 3.5% this year.
Falling airfares correlate with an increase in routes. For example, Air France’s North America capacity increased by 20% in winter 2023 versus 2019, and includes a new seasonal route to Innsbruck, Austria. The city is famous for snow sports and has played host to two Winter Olympics.
Book flights early
Weintraub booked his flight less than a month before departure. That’s outside the two-to-eight-month window that travel experts recommend for booking international flights. According to Google Flights, flights between Newark and Geneva usually cost between $485 and $770 — lower than the $800 Weintraub paid.
“I would have saved hundreds more if I had been more proactive,” he said in an email.
Other ways to save on European ski trips
Just like the U.S., Europe has ultra-expensive mountain regions. To save money, skip iconic resorts like France’s Courchevel in favor of lesser-known gems like La Clusaz.
Eastern Europe can be especially affordable. At Bulgaria’s Bansko Ski Resort, one-day adult tickets cost about $53. Not only will you typically find lower prices, but also perhaps shorter lift lines.
No matter where you choose to ski across the pond, take into account the costs of lift tickets and airfare, but also other transportation, food, lodging, lessons and rentals to see if a European ski trip might help you save on the slopes.
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode:
Learn investment and tax strategies to help you achieve financial security and prepare for a prosperous retirement.
How can you balance saving for emergencies and investing for the future? What strategies can you employ to maximize your tax benefits and build a secure financial future? NerdWallet’s Kim Palmer and Alana Benson discuss investment strategies and tax planning to help you understand how to navigate your financial journey effectively. They begin with a discussion of investment strategies, with tips and tricks on understanding different investment accounts like 401(k)s and IRAs, leveraging compound interest, and the importance of starting investments early. Then, Alana discusses tax planning and filing in-depth, covering the intricacies of different tax forms like W-4s and W-2s, the significance of estimated taxes for freelancers, and strategies for managing capital gains taxes.
Kim and Alana delve into retirement planning and the challenges of active versus passive investing. They provide a framework for prioritizing your finances, emphasizing the creation of an emergency fund, taking advantage of employer 401(k) matches, and understanding the role of asset allocation based on age and risk tolerance. Additionally, they tackle the decision-making process in personal finance, such as choosing between paying off debt and investing, and the pros and cons of having a financial advisor.
Check out this episode on your favorite podcast platform, including:
NerdWallet stories related to this episode:
Episode transcript
This transcript was generated from podcast audio by an AI tool.
Sean Pyles:
Hey listener, we’ve got a special episode in store for you today. Our investing and tax Nerds recently hosted a webinar going deep into how you can level up your investing and tax strategy. So we packaged that up into a podcast episode for you. The Nerds talk about what you need to know about different investing accounts, how to get help with your taxes and more. So here’s the webinar.
Kim Palmer:
Welcome everyone. I am Kim Palmer. I’m a personal finance writer at NerdWallet where we help people make smart decisions. One important note, we are not financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances. NerdWallet Inc is not an investment advisor or broker and does not provide personal financial advisory services. Today we are excited to talk to you about the basics of investing and taxes and we think we have some helpful info to share with you. You can always find more at nerdwallet.com or on the NerdWallet app. Our goal today is to kick off a helpful discussion about investing and tax information and tools. Alana Benson writes about investing topics including stocks, funds, and ethical investing. And now I will hand it over to Alana.
Alana Benson:
Thanks Kim. Hi everyone. Thank you for joining us today. So before we start, I just want to say a couple of things that often get forgotten when we’re talking about investing. So first, investing usually comes second to some other goals. If you’re having a hard time paying for necessities or you don’t have an emergency fund, it’s really important to focus on those things before we even start worrying about investing. Second, instead of scrimping, try to increase your income. So I didn’t start investing until I was in my late 20s, and that’s because one, I didn’t work at NerdWallet yet, so I literally didn’t know anything. And two, I was making around $25,000 a year, so I didn’t have much expendable income. And when you don’t have extra income, it’s really hard to prioritize investing and it just might not even be a good idea to do that.
When I started making more money, it was suddenly a lot more possible for me to invest for retirement. So if it’s possible for you and you want to be investing more, look for jobs that will pay you more or look into side hustles, but cutting back on your streaming services probably will not save you enough money for retirement. And finally, if you don’t have the money to invest now, that’s totally fine. Some people have serious money anxieties and others just don’t have the cash. Whatever your reason is, don’t stress too much about it. Just keep learning and when you’re able to, you can start investing. So why do we invest? What is the point of all this? And the answer is that it’s because we like money and that’s okay. There’s no shame in admitting it, I like money, most people like money. It’s because money isn’t just money. It’s not like Scrooge McDuck diving into pools of money and buying Maseratis. It’s not that.
It’s about not being stressed about your money all the time and it’s about being able to buy everything that you need and some stuff that you want comfortably without having money stress take up all of your energy. Money allows us to thrive instead of just survive and investing helps you make more money than you could ever possibly make just by working at a job. So okay, what actually is investing? This whole process is very strange. Okay. Investing is the process of money that you already have making additional money for you. And this works through what’s called compound interest. Compound interest means that your gains get a little bit bigger every year and that’s also why starting when you’re younger gives you a huge advantage and more money in the long run. So for example, you just start at that little number one in the box up there. Say you buy an investment for $100, if it goes up the average stock market return of 10%, it could then be worth $110, meaning that you’ve made $10.
Then that $10 that you earned also starts earning compound interest on top of the $100 you initially invested. That doesn’t sound like much of a profit, but imagine if you were doing it with way larger amounts of money over a way longer period of time. Now that 10% is an annualized rate, which means that you’re not going to get 10% every single year. In all likelihood, some years you’re going to finish up, some years you’ll finish down. But over the course of decades when you average all that out, you tend to get about 10%. The way you actually start investing is through an investing account. And there’s a couple of different types, but the type of investment account you have is actually really, really important because a lot of them have some pretty significant tax benefits that you want to take advantage of. So you’ve got your 401(k)s and these are offered through your employer. You add money to it and sometimes your employer matches it. So it’s basically free money. If you have a 401(k), you’ll likely choose your investments from a pre-selected list or a fund that will automatically adjust itself over time.
So this means 401(k)s are typically very hands off. IRAs on the other hand are investment accounts that you open up yourself. IRAs can be opened online through brokerages and actually at a lot of large banks, they also do that. So it’s likely you can open up an investment account just through your bank. Unlike with a 401(k), IRAs you’ll have to choose your own investments in those accounts. You may have heard about a thing called a Roth IRA or a Roth 401(k) and it’s good if you know the difference. So with a Roth, you pay taxes on your money now just like any other money that you earn and then the money you have invested inside that account grows tax-free and you can take it out tax-free in retirement. With a traditional IRA or 401(k), the money you contribute today is pre-tax.
So that is you get to deduct it from your income taxes this year. So it’s like a nice little treat this year, but then when you cash it out in retirement, you’ll owe income taxes on it. This is really, really important. I’ve seen a lot of people make this mistake. Your investment account is not an investment, so a Roth IRA, a 401(k), not an investment. So if you have a Roth IRA, that’s great, but that doesn’t mean you’re actually invested in anything. So you fund your investment account and then you buy investments from there. But I’ve heard of people opening a Roth IRA, putting in a bunch of money and then wondering why it didn’t grow over the last 10 years. So you have to purchase investments for your money to actually grow and if you don’t do it, you’ll miss out on all of those years of growth, so very important.
And there’s a couple different types of investments that you can choose from once you open and fund your investment account. So you’ve got stocks, I’m sure everyone’s heard of that, these are shares of ownership in companies and the way you make money from them is if they go up in value and some pay you a cut of the company’s profits on a regular basis. Then you’ve got bonds. This is when you loan money to companies or the government and they pay you interest. Funds, now these are very exciting because they’re basically just baskets of stocks and bonds that you buy all at once. So a fund is still a stock or bond based investment depending on the type of fund that you get. And there’s a lot of different kinds such as index funds or exchange traded funds and mutual funds, but they’re all collections of investments that you buy at one time.
And I think funds are pretty awesome because if you own a stock and that company goes out of business, you lose all of your money. But if you invest in a fund that covers 100 stocks and that same stock goes out of business, your investment is buoyed up by the other 99 companies. So again, all of these investments, stocks, bonds and funds, you buy them from your investment account and then you own them in there. All right, so let’s talk about the stock market, it’s this weird nebulous term that’s hard to understand. But the stock market is just where people buy and sell investments, but now people just trade investments online. So the stock market is made up of several what are called market indexes. Now these are basically just predetermined lists of companies and the performance of that overall list can tell us a lot about the health of the US economy.
So for example, the S&P 500, something you probably have all heard of, that’s just the list of 500 of the largest publicly traded companies in the US and it includes companies like Apple and Amazon. So when we say the stock market is down today, that means that on average most of those companies aren’t doing well. And you can’t invest in the literal stock market, but you can invest in funds that include all the same investments. So these are called index funds because they track a market index. So again, if you have an S&P 500 index fund, it should perform pretty closely to how the S&P 500 itself is actually performing. The S&P 500 goes up 10% a year on average and 6.5% after inflation. And this is just an average, so some years the market goes up more, some years it goes down less, but when done well, investing can potentially mean doubling your money every few years for doing basically nothing, which is my favorite way of earning money, by doing nothing. It’s great.
So let’s talk strategy. This is all about the way that you invest, when you put your money in and when you take your money out. So passive investing is where you buy that S&P 500 index fund and you keep adding money into it until you retire. It’s very boring, but it’s effective. So it can give you that 10% return on average over the long haul, but a lot of people want to make more than that 10%, and they do so by actively buying and selling stocks, crypto options and other high risk investments. They try to predict when they’ll be low, then they buy them and then they turn around and try to sell them when they’re high. So these people are called active traders or day traders. Only 20% of active traders make money over a six-month period. That is not a lot of people.
There have been a lot of studies over the years that show that active investing is a way less lucrative fashion than boring old passive investing with that index fund. Plus active investing is a lot more work, you have to do all kinds of research and you keep an eye on the markets and you can hypothetically earn more by actively trading versus passively earning the same amount as that historical return of 10%. But most people end up making less when they actually try it, and that’s because people are really bad at predicting things. And in order to make money on the overall stock market over the long term, you have to be really good at predicting things all the time. So maybe you make it big on one stock, but the odds of that happening again and again are very low. So let’s put all of this information together, the accounts, the actual investments and the strategy.
Here’s how financial advisors suggest you prioritize your money when you’re starting to invest. So the first thing you want to do is you’re not actually going to invest at all. The first thing is that you’re going to have an emergency fund. So this is money that you won’t actually put in the stock market, and that’s because when your money is invested, its value can change day by day. So say you have $1,000 and you want to use it for an emergency fund, but you invest it, when you have to fix something on your car suddenly, you go to check your money and its value could be $600 instead of $1,000 and that’s not good. If you put it in a high yield savings account, you can access that money at any time without risking its value. Plus right now the interest rates are really high.
So your money could be earning 4 to 5% just by sitting there. So next, you want to get that 401(k) match if it’s available to you because it’s free money. After that, it’s a good idea to look into IRAs. Both IRAs and 401(k)s have what’s called a contribution limit, which is just the maximum amount of money you can put in each of them every year. If you’re able to max out an IRA, then it’s a good call to move back to your 401(k). And the reason you switch around like that is because of the way the tax benefit works. So it’s likely more beneficial to invest in an IRA over a 401(k) if you’ve already gotten your match, if you have to choose between the two. Then if you max out your 401(k), you can move to a standard brokerage account. And this is not a list of everything you have to be doing right now.
You might be thinking, “Whoa, maxing out an IRA is $6,500, I cannot afford that”, and that is totally fine. So I like to picture it as a waterfall. So when you fill up your emergency fund, then you can start working on getting that 401(k) match. Only after that bucket is full should you then move on to investing in an IRA and so on. And wherever you’re at in your bucket filling journey is okay. It’s just nice to know what to do next when you’re ready for it. So we already talked about what accounts to invest from and the investments you can buy, but then do you just start buying a bunch of index funds or stocks or bonds? How do you know how much of each investment to get? And that is all about risk tolerance. And to understand that we have to understand how risk works over time.
If you’re investing for retirement and you’re in your 20s now, that means you have a ton of time for your investments to grow and then drop dramatically and then rise back up. So financial advisors would say you can afford to take on a bit more risk, AKA invest in riskier investments, because you have time for your investments to bounce back. Now, if you’re investing for your retirement and you’re 65, you don’t want to risk all the money you’ve been investing for years and years because you’re going to actually need to use it to pay for stuff in retirement pretty soon, so you want to protect it. And figuring out how much of each investment you should have is a fancy term called asset allocation, but it just means how much of your portfolio is in which of these investments.
And age is just a number, but typically when you’re younger, you may be able to afford to take more risk because you have more time for the stock market highs and lows to even out. So stocks, and okay, remember index funds and mutual funds are often made up of stocks so those count too, but those tend to carry more risk than investments like bonds. And an example of a 20-year-old’s investment portfolio, which includes all of your accounts so your 401(k), your Roth IRA, all of that together, that could be 100% stocks. And that’s fairly risky, but those 20 year olds are not going to retire for a long time. Now, a 65-year-old might have way more bonds because they don’t want to risk all that money they’ve earned over time. And one thing some investors do to mitigate risk is to slowly shift their asset allocation from high risk investments to low risk investments over time.
And again, I’m not a financial advisor and this is not personalized investment advice, but how much of each investment it’s good to have will usually depend on how much risk you are willing to take. And an investment portfolio can be really simple or really complicated. So you could have that one S&P 500 index fund and you purchase it from a Roth IRA, and that’s just all you do. Just if you want to keep it really simple or you can make it more complicated. So maybe you explore several stock-based funds such as international stocks and healthcare stocks and technology stocks, and you could invest in those types through a fund. So instead of buying 30 technology stocks, you just have one technology stock fund, then a small slice in bonds, and then an even smaller slice is crypto or other high risk investments. Though financial advisors have varying opinions on the safety of crypto.
So keep in mind, this is just an example and not necessarily what you should do personally, but it is really helpful to look up asset allocation portfolios through an online brokerage and see what they recommend for your specific age and when you plan on retiring. You can also talk with a financial advisor who can help guide you through those decisions. And investing is great because it can help you earn wealth, which you could spend on a boat, but more than likely one of your biggest investing goals will be retirement. And the sad truth is that in some things like retirement, they just cost so much that you’ll probably never afford them just by putting money in a savings account. And that’s why we say we have to invest for retirement. And the truth is that most people just aren’t saving enough for retirement.
So you’ll probably have a lot of expenses and you have to pay for that in retirement and some of it’s necessary like food or housing or medical care and some of it is travel or bucket list stuff, but you may not be working anymore or at least not as much as you were. And once you factor in inflation, it’s likely that a dollar today will be worth way less when you’re in retirement. And saving for retirement has gotten even more difficult because you can’t necessarily afford to live on social security. Medicare doesn’t always pay for your health needs and pensions aren’t really as common as they used to be. And because of all this, it’s really important to start investing for retirement sooner rather than later.
And if you’re early in your career, it might seem silly to worry about retiring right now, but if you start investing sooner, you actually spend less on retirement than if you start investing later in life overall and that’s because of compound interest. So our retirement calculator shows that if you start putting away $100 per month, that could grow to nearly $400,000 in 35 years. And it’s always good to know how much you should be trying to invest. When you have a long-term goal in mind, you want to know what that number is. So a retirement calculator can be a big help to figure that out, including NerdWallet’s retirement calculator. No shame, I’m going to plug it, but some financial advisors recommend saving 15% of your pre-tax income for retirement. So okay, let’s break that down. What does that look like?
So if you make $100,000 a year, again just because easy math, that would be $15,000 annually that you’re trying to save for retirement. But if you had a 5% match on your 401(k), you’d already be saving $10,000 a year between the $5,000 you make and the $5,000 your employer puts in. And then if you contributed another $5,000 to your Roth IRA, you’d already meet your target goal of saving $15,000 a year for retirement. You should also think about how much you can make during those peak earning years. If you’re younger, what career are you looking to have? You can look up what those wages tend to look like on a site like Glassdoor or ask someone in your life who is in that career path, and maybe do that tactfully because you’re asking about money. But figuring out what you want to be when you grow up may not be something you want to think about right now.
But to be honest, I studied English in college and no one told me about my job prospects. I figured that I would have to write a super famous book or be a teacher and you don’t have to have everything figured out now, but it doesn’t hurt to see how much a potential field could earn and figure out what careers are open to you. And just keep in mind that relationship between your earnings and investing like we talked about in the beginning. And if you’re later in your career, it is harder to take advantage of compound interest, but some of those investment accounts have those catch up contributions that we talked about so you’re able to contribute more after a certain age. Thank you all so much for listening to me talk very fast for a long time, and now I will hand it back over to Kim to talk about taxes. Thanks so much.
Kim Palmer:
Great, thank you so much, Alana. That was great. Someone actually asked in a pre-submitted question, “Why do I have to pay taxes?” Well, here is why. Taxes are used to pay for a lot of different things like clean water, roads, schools, healthcare, and the military. And your tax return is due every year in mid-April to the IRS. We’ll talk a little bit later about what to do if you need an extension, but in general that is the deadline. But first, let’s back up a little bit. When you file taxes, there is so much paperwork. One really important one is the W-4. That is the document that your employer asks you to fill out when you start a new job. And it plays a really big role in telling your employer how much in taxes to take out of each paycheck. It asks you things like your filing status, dependents, how much tax to withhold, and if you get a really big tax bill or a big refund, then you might want to go back and revisit your W-4 just to make sure you’re withholding enough but not too much.
There’s also the W-2, which is a document that your employer sends you to summarize how much in total they took out of your paycheck the previous year, and you’ll need to reference all those numbers when you file your tax return. If you are self-employed or you work a side hustle, then taxes won’t be automatically withheld from your paycheck, and that means you might have to pay something called estimated taxes, which is typically four times a year. In January, you’ll get something called a 1099 form that outlines how much money any company paid you, and then you’ll use that information when you file your return. And then finally, the 1040 is the main form you use when you file taxes, and we’ll drop a link in the chat for more about that. Okay, so you have all of your forms set. How do you actually file your taxes?
You can do it yourself through the IRS. You can use an online tax prep software or you can use a tax professional like an accountant or a tax preparer. If you do it on your own, you can either use paper forms or get access to brand name tax prep software through an IRS service called Free File. But it’s important to know that only people who make below a certain income qualify for the Free File program. If you use tax software like TurboTax, H&R Block or NerdWallet Taxes powered by Column Tax, many of these providers use a Q&A style to help you do your taxes and some even offer paid upgrades that connect you directly to a tax professional. If your finances are really complicated and you want some extra help, then you can also work with a tax preparer such as a certified public accountant.
You do want to make sure to ask them lots of questions and check their credentials before you agree to share your financial information. And you also want to check to see if they have a prepared tax identification number, which is an ID that’s required for anyone who files tax returns for compensation. The US does not have a flat tax system, and that means that portions of your income can be taxed at different rates. There are currently seven tax rates for federal income taxes that run from 10% to 37%. And which tax rate applies to you depends on your income and your filing status. So you might hear people say, “I’m in the 12% bracket” or “I’m in the 22% bracket”, but being in a tax bracket doesn’t mean you pay that tax rate on everything you make. And in reality, people’s income can fall into several different tax brackets depending on how much they make.
Portions or chunks of your income are taxed at different rates and some of those different taxes are then added together. So for example, some of your income could be taxed at a rate of 10%, another chunk could be at 12%. The more you make, the higher the tax rate might be on some of your income. And depending on the state where you pay your income taxes, you might pay a flat rate or a progressive rate similar to the federal structure. A small handful of states have no state income tax. If you want to pay less, you can look for tax breaks. Tax credits and tax deductions are two tools that can help you potentially minimize your tax bill, but they do work in different ways. Tax deductions reduce your taxable income. As a simplified example, a $25,000 tax deduction on $100,000 of taxable income means that only $75,000 of that income will get taxed.
Tax credits directly reduce your tax bill by the value of their credit. So this means if you owe $2,000 in taxes and you’re eligible for a $1,000 tax credit, you’ll end up owing $1,000. Tax credits tend to be more valuable because they have the potential to pack a bigger punch, so you definitely want to try to take all the tax credits you qualify for, and you could even get money back if a credit is refundable. Common tax credits include the earned income tax credit, the child tax credit, the lifetime learning credit, and the American opportunity credit and savers credit.
All right, I alluded to this at the beginning, but what happens if you’re not going to be ready by mid-April? What do you do? If you know you won’t be able to file on time before tax day, you can file for a free extension with the IRS and that gives you until mid-October to file your return. But you want to make sure that at least 90% of what you think you’ll owe in April is covered by an estimated tax payment or your withholdings. Otherwise, the IRS can hit you with a penalty for late payment. The failure to pay penalty is really no joke. It’s 0.5% of your unpaid taxes each month your payment is late plus interest. If you file late and you did not file an extension, you could also get hit with a failure to file penalty, which is 5% of your unpaid taxes each month that your payment is late. There is some good-ish news, if you file late but you don’t owe anything, you won’t get penalized but that doesn’t mean you’re not still obligated to file.
If you don’t, the IRS could file a return on your behalf and you might miss out on a refund if you’re owed one. And if your tax bill is so high that you can’t pay it off, you do have options. You can set up a long-term or short-term payment plan with the IRS.
I know that was a whole lot of information and taxes can seem scary, but we break down lots of popular tax questions and terms on nerdwallet.com. We have some time to address some pre-submitted questions from the audience ranging from about Roth IRAs to the pros and cons of having a financial advisor. And I do want to give a reminder here as we answer these questions that we are not tax or investing advisors. We are writers who focus on these fields and what we say is not investing or tax advice. So with that said, let’s dive into these questions. A question that came to us in an email was: how do you choose between paying off credit card debt and investing in saving for emergencies?
I really love this question because I think it speaks to some of the biggest challenges of personal finance, navigating these choices. And the answer is it’s really up to you. Many financial advisors say that the first step is to create a starter emergency fund, and you can read more in our article that we’ll link to, Should I Pay Off Debt Or Save? And you’ll see most people think about saving $500 to $1,000 first and then after that to consider contributing enough to a workplace retirement plan if they have access to one, and then contributing 3% to 5% of income to an IRA or a Roth IRA. And then financial advisors say people can consider focusing on paying off high interest debt and amp up investing efforts once they have paid that off. And now Alana, I’ll turn over to you. Perhaps you can answer the questions about Roth IRAs.
Alana Benson:
Absolutely. So a couple folks were wondering, before we went over everything, what a Roth IRA is and how does it work and when is it worth it to open one? So we already covered this a little bit, but again, it’s an individual retirement account and it lets you contribute money that you’ve already paid taxes on. So think about when you get your paycheck. That money has already had taxes taken out of it. So once you hit age 59 and a half and you have held the Roth IRA for at least five years, you can withdraw your contributions and any earnings, which is a fancy word for money that you earn from investing, without paying taxes again. And whether it’s worth it is up to you, especially if you’re trying to decide between a Roth IRA and a traditional IRA because it’s about when you pay those taxes and if you have a traditional IRA, you do get that tax break right now.
So that’s a personal decision. But you can also take out money tax-free from your Roth IRA later in life. So if that’s something that you are really trying to parse out, it might be good to talk to a financial advisor because they can help you with that question. We had two other questions. The first one is: how do you calculate how much money to put in your Roth IRA if you make over the maximum amount? So we didn’t actually cover this, so Roth IRAs do have income limits, but there is something called a Backdoor Roth that lets you contribute money first to a traditional IRA, pay taxes on it and then roll that money into a Roth IRA. And then our last question is: what are the pros and cons of having a financial advisor and how do you find one?
This is such a good question. The pros and cons really depend on your situation. The catchall term ‘financial advisor’ is used to describe a wide variety of people and services, including investment managers, financial consultants, financial planners. First and foremost, you always want to verify a financial professional because financial advisor doesn’t require people to be vetted. Certain things like a certified financial planner or a CFP, those actually have a very high level of education and have a certification that you can verify online. So anyone that you are talking about money with, you want to make sure that you are vetting them. And some of these people can just talk to you about your finances and some of them can actually manage your investments for you if you want that. Financial advisors, depending on the kind that you choose, can be pretty expensive. A robo-advisor is like an AI version of a financial advisor.
You just set up an account for one and then they charge you a pretty modest fee. And based on your age and your risk tolerance, it will manage your investments for you. An online financial advisor can offer more services and you can actually talk to a human being, but those do tend to cost a little bit more. And then you could go to an in-person financial advisor, depending on their credentials, that might cost even more, but sometimes it’s really nice to talk to somebody that you know and you can grow that relationship with them over time.
Kim Palmer:
Great. Thank you, Alana. And I think, actually, I can squeeze in one more question that we received. How do taxes work with investment accounts? How much do we set aside so we aren’t surprised by a tax bill? Which is a great question. If you’re selling stocks from a brokerage investment account, then you should be aware of three words, capital gains taxes. Those are the taxes you’ll pay when you sell assets for profit. Assets that you have owned for more than a year are subject to long-term capital gains tax, and the capital gains tax rate is 0%, 15% or 20% on most assets. Capital gains taxes on assets held for a year or less are subject to short-term capital gains. If you regularly trade stocks or other investments, you might be subject to short-term capital gains.
Those profits are taxed as ordinary income based on your tax brackets, which we went over before. Your final tax bill depends on a number of different factors. If you don’t want to be surprised, estimate what you’ll owe using tools such as a tax calculator or IRS worksheets. If needed, consider setting aside enough to cover the tax bill or paying estimated taxes and as always, your specific situation will differ and we are not tax professionals. We hope that you enjoyed this webinar and learned something today. If you’d like to get even more clarity on your finances and continue learning with NerdWallet, consider signing up for an account with us at nerdwallet.com. Thank you so much for joining us.
Sean Pyles: And that’s all we have for this episode. To send the Nerds your money questions, call or text us on the Nerd hotline at 901-730-6373. That’s 901-730-NERD. You can also email us at [email protected]. Here’s our brief disclaimer. We are not financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances. This webinar episode was produced by Alikay Wood, Sheri Gordon, and me. We had editing help from Liz Weston, Sara Brink mixed our audio, and a big thank you to NerdWallet’s editors for all their help. And with that said, until next time, turn the Nerds.
There are plenty of trends that used to be mostly popular among the low-middle income people that changed when they became popular with rich people. Whether it is a band, a clothing style, or a hobby, nothing remains the same once wealth and status get involved. But what are some of the things that poor people loved before they were spoiled by the wealthy? Here, we look at 20 things that once brought joy to those without much money—until their newfound popularity caused them to be re-crafted as symbols of luxury and extravagance.
1. Industrial, Warehouse Apartments
One user shared, “Living in warehouses in the industrial, rundown side of town.”
Another user agreed and commented, “Yes! They tore down all the real lofts to build condos they call lofts.”
2. Etsy
“Etsy,” posted one user.
Another user commented, “There are SO many accounts for cheap stuff from China that you could get on many other websites as well. No, I come to Etsy for homemade stuff and to support artistic individuals.”
One user added, “Yep, I remember trying to avoid the temptation of Shein by almost buying some unique pearl belly dance waist chains from there for 20 dollars. Dear reader, they were from Shein, without the tags and with a hefty 200% price increase. Thank God for the reviewer who exposed them.”
3. Food banks
One Redditor unfolded the riches’ hack and posted, “Food banks. My local food bank put out a news article basically saying that rich people need to stop using the food bank as a ‘life hack’ to lower their grocery bills.”
One user grasped and commented, “OMG. That’s so evil. Some people really have no conscience.”
4. Living in Arty Neighborhoods
One Redditor shared, “Living in arty neighborhoods.”
Another user replied,” This is what I was looking for. Creative poor people have been investing in poor neighbourhoods forever. They use their talent to make it an excellent place they enjoy living in. The rich say, ‘Hey, I want to be cool, let’s buy this.’ And then they price the poor out of the haven they created and turn it into a stale, crowded, overpriced place. TL;DR—Gentrification”
5. Champion Brand Clothes
“Champion brand clothes. I had a lot when I was a kid because it was the cheapest possible, and now all that s- is considered ‘vintage,’” posted one user.
Another responded, “Reminds me of Fila and Puma.”
6. eBay
An online Redditor commented, “Ebay. It used to be so useful to get all kinds of cheap or unique things. Then more and more big commercial sellers joined the club, and eventually, eBay itself forgot about what and who made their platform a success in the first place.”
“I’ve had my eBay account since ’98 when you had to send physical checks/money orders through the mail. It felt like an online flea market or garage sale where you’d get to know certain buyers and sellers. Feedback was critical, and you never bid on something you didn’t plan to buy because any hit to your reputation was a huge deal.
“It was a nice little collecting community until they allowed resellers of knock-off goods in and turned the whole thing into another Amazon. I occasionally still sell collectibles, but the number of people who don’t bother paying is huge now. I miss old eBay,” stated one user.
7. Blue-Collar Residential Neighborhoods
One user also shared, “Blue-collar residential neighborhoods in the city.”
Another user commented, “Yes! This is my answer, too. Not just houses in general but poor neighborhoods, in particular, are being f- over. You can see the tale here in the property history on Realtor.com. Lots and lots of houses were previously on the market for $50,000, bought, and then flipped and listed for $250k to $300k in a ZIP code where the median income is $34.5k, a good $20k less than the median income for the city. Shockingly, no one wants to spend $300k for a s- remodel in the ‘hood, so most of these houses sit empty unless/until they’re put on Airbnb.”
One added, “I think the problem with gentrification in the US is twofold: a failure to provide a path to ownership for often at-risk residents (which leads to slumlords) and a failure to protect the at-risk pop who DO own property from massive tax hikes.
“No one is opposed to tearing down condemned houses and building new ones, but the neighbours who have been there should not get affected by massive tax increases.”
8. Rural Lake Cabins
“Quiet out-of-the-way country cabins sitting by lakes. Now they are overpriced Airbnbs,” posted one user.
Another user commented, “I’d even say Airbnbs themselves. They started as a potentially cheap alternative to hotels run by people with extra space they aren’t doing anything with. Now people build guest houses specifically for Airbnb and treat It like a full-on rental.”
One user suggested, “If you do decide to go to an Airbnb as a getaway, I’d recommend looking for one on a farm. From what I’ve seen, they’re usually run by the farmers as a sort of side gig and not some company or wealthy person.
“The last one I went to was out in the middle of nowhere with like 70 acres that you’re free to explore, and it was actually at an animal rehabilitation center. They rented out their spare room as an Airbnb as a way to bring in more money to put towards the animals. It was insanely cool.
“They had a ton of animals that were being rehabilitated. The living room had a giant window that looked straight into the snow macaque enclosure. It was their inside feeding area, so you could watch them chill and eat like 2 feet away. There was a flock of chickens that would follow you around; most of them were bald or had b-m legs or other issues that would get them slaughtered at a farm. There were storks, peacocks, a very playful otter, spider monkeys, a d-head heron that kept pecking at my boots, boxes, and a lot more, but they even had tigers. Apparently, they were rescued from a carnival and couldn’t be released into the wild. It was so calm and also sweet to know that you were contributing a bit just by staying there.
“Edit: guess I should’ve included it in the original comment. It’s called ‘The Suite at the Ridge’ in Hocking Hills, Ohio. The Airbnb itself wasn’t crazy lovely or anything, but it was perfectly fine, and you’re there to be around the animals anyways. Unfortunately, I can’t post pictures here because I have some I’d love to share.
“Edit 2: I can’t seem to get the listing to show up in a search, only by looking through messages and it says that the host ‘no longer has access to Airbnb’ so I’m not sure what happened. We went in January, so it wasn’t even a year ago. But if you want to look at other sites, the sanctuary is Union Ridge Wildlife Center.
“Edit 3: Don’t Google the name of the wildlife center unless you want my happy post to become a sad post. Turns out it wasn’t as wholesome as I thought it was.”
9. Van Life and Tiny Houses
One online user stated, “Van life and tiny house living.”
Another user replied, “It’s like they gentrified the trailer park.”
Another user commented, “Not where I live. We still have proper trailer parks loaded with meth, pit bulls and domestic violence.”
10. Modernizing a Historic Home
A user commented, “Buying a “fixer-upper” home and spending weekends working on it. I was really looking forward to that.”
One user responded, “I’ve seen so many nice period houses completely gutted on the inside by modern renovations. If I buy a 1930s house, I don’t want a stupid Scandinavian minimalist interior!”
11. Thrift Shopping
“Thrift shopping. I’m not *thrifting* I’m f- broke,” one user commented.
Another user added, “Sometimes I feel like it’s cheaper to buy clothes at Target or Walmart brand new than it is to buy from a thrift store.”
12. Counterculture-Based Festivals
A Redditor stated, “Counterculture-based festivals. Burning Man was on my bucket list until rich folks started showing up with bodyguards and started establishing private zones.”
One user added, “Counterculture as a whole seems to be getting gentrified. In the Netherlands, there are a lot of places you can go to that have a ‘counterculture aesthetic’ or more specifically, ‘squat aesthetic’ but have exorbitant prices. Squatting used to be vast, and multiple venues in the Netherlands (like Paradiso and Melkweg) have their humble beginnings as a squat. Ruigoord, a village close to Amsterdam that got squatted 50 years ago, also completely lost its soul and is filled with yuppies.
“Counterculture is being gentrified, sanitized and sold back to people at exorbitant prices as something ‘new, weird and hip.’”
13. The Farmer’s Market
One user posted, “Going to the farmers market.” A user replied, “I went to a farmer’s market where only one vendor sold fruits and vegetables. There were three boutique honey stands and an old white lady selling ‘native’ art. St Philips Plaza in Tucson, for anyone who knows what I’m talking about. So dumb.”
14. Houses
“Houses. We poor people would work our entire lives to own one. Property became a great investment and a way to increase wealth, so rich people bought them. Not to live in as intended but to rent to the poor and keep them poor by renting so they will never be able to save enough to afford their own.” a user added to the thread.
15. Fajitas
One Redditor shared, “Fajitas. I remember being able to get skirt steak really cheap and sometimes for free.”
One user replied, “That goes for any ‘cheap’ cut of meat.”
16. Pickup Trucks
“Pickup trucks. They used to be much cheaper,” one user posted.
Another user replied, “They’re luxury minivans now.”
17. Unrestricted Land
One user posted, “Unrestricted land. Everything gets an HOA now, and they try to force you into their jurisdiction.
“My family fought an HOA targeting my grandmother’s house. She had lived there for ten years before the HOA was even an idea, or the new area with big houses was cleared for construction before that.
“We ended up having Rock in her house, skirting, and rock under her deck due to insufficient money to fight an HOA she never signed on to.
“If an HOA comes out where I live (which might happen in the next 15 years), I will fight them tooth and nail for spite alone.”
18. Cheat Cuts of Meat
“Off cuts of meat,” shared one user.
Another user replied, “I remember when chicken wings were 10 cents because they could not give them away. Now, they are an industry. They break a wing in half and call it two wings.”
19. Concerts and Festivals
One user shared, “Concerts and festivals.”
Another Redditor added, “I agree with this one. I have lost all interest in the concert/festival experience.”
20. Brisket Burnt Ends
“Brisket burnt ends. BBQ joints used to toss them or give them away for free,” One commenter added.
Another user replied, “BBQ used to be poor people’s food. Nobody wanted to eat ribs and brisket because they are hard to cook. Now every upper-middle-class person has a smoker, and BBQ costs an arm and a leg.”
Do you agree with the things listed above? Share your thoughts below!
Source: Reddit.
Who is one actress you can never stand watching, no matter their role? After polling the internet, these were the top-voted actresses that people couldn’t stand watching.
10 Actresses People Despise Watching Regardless of Their Role
These 7 Celebrities are Genuinely Good People
We’ve all heard the famous adage that “no publicity is bad publicity,” and while it tends to be accurate, there are certainly exceptions. But what about those few stars who stay out of the limelight and get along without a hint of trouble?
These 7 Celebrities are Genuinely Good People
These 10 Activities Are an Immediate Red Flag
Have you ever known someone and thought you liked them—until you learned about their hobbies? Then you get to know them and then you’re like, “Wow, red flag.” Well, you’re not alone.
These 10 Activities Are an Immediate Red Flag
Some celebrities definitely seem to enjoy the limelight and keep working to stay in the public eye. While others quickly move out of the spotlight. Many of these actors and actresses stepped out of the spotlight to live a more private life without constant media pressures.
10 Celebrities That Made the Big Times Then Disappeared Off The Face of the Earth
We’ve all been there – sitting through a movie that we can’t help but cringe at, but somehow it still manages to hold a special place in our hearts.
These 10 Terrible Movies Are Still People’s Favorites
Manifestation practices—or rather, the routines and rituals you can use to turn your thoughts into reality—can luckily be done anywhere. But as someone who has a soft spot for interiors and is hyper-aware of her surroundings (I am a home and living writer after all!), I believe that your living space plays a crucial part in supporting your dreams. Whether you live in a tiny dorm room or your very own dream home, your environment can help keep you focused, calm, and positive—which is key to achieving your goals.
To learn more about the link between our homes and manifestation, I chatted with manifestation expert Haley Hoffman Smith, and her tips are sure to get your creative ideas flowing. If you’re ready to level up your living space, here’s how to make sure your home supports your ideal lifestyle and the best version of you.
1. Start with gratitude and appreciation.
“You can manifest anywhere at any time, and so much of it is about appreciating where you are,” Hoffman Smith said. Practicing gratitude for what you already have is a huge part of manifestation, and if you’re struggling with where to begin, start with the roof over your head. Even if you’re not living in your dream home (yet!), focus on the things you love about your current space and express your appreciation for them. Whether you simply look around your space and make mental notes or write your thoughts down in a journal, having gratitude for your current home will help you stay positive and uplifted.
Hoffman Smith, for instance, moved into her dream New York City apartment a few years ago, but before that, she was living in a modest home in Colorado. “I focused so much on what I appreciated in that home and the fact that I had a home and a front door and that it provided safety and comfort,” Hoffman Smith said. Focusing on the positive attributes of your surroundings will help you stay in a high vibrational state, or in a state of contentment and peace, which makes you a magnet for whatever it is that you desire. As Esther Hicks, another manifestation expert, famously says, “As you think, you vibrate. As you vibrate, you attract.”
2. Know what your vision is, and keep it in sight.
Vision boards are a go-to practice for manifestation. While you can easily use your vision board as a phone background or laptop wallpaper, strategically placing images and positive affirmations around your home is another sneaky way to keep your vision in front of you. Consider displaying reminders of your vision on your fridge, the bathroom mirror, or your coffee table. “What matters most is having them someplace where you’ll see them all the time,” Hoffman Smith said.
For example, Hoffman Smith decorated her coffee table with a book on the Amalfi Coast, one of her favorite travel destinations. “It’s nice to be able to flip it open to a page and have it be like a vision board on my coffee table,” she said. This is great advice if you have a dream destination you’d like to visit—in addition to a coffee table book, you could also frame pictures of places on your bucket list.
Other easy ways to keep your vision in sight include placing sticky notes with positive affirmations around your home or using everyday items that remind you of your dreams. Hoffman Smith also has a collection of coffee mugs that all reflect things that make her happy. If you’re trying to manifest something specific (like a new job or a dream vacation), find a mug that has a design or words that relate to that goal and can help you imagine that it’s already a reality.
3. Maximize the space you have by keeping it tidy.
A clean, clutter-free home can help you stay focused and at ease as you work toward your goals. Even if your current space is less than ideal, keeping it tidy will help make the most of the space so it can best support your dream lifestyle. If there’s a room in your home that feels off even after cleaning and organizing, however, Hoffman Smith recommends rearranging the furniture. “If you’re about to embark on a new chapter of your life, or if the energy is just stagnant, shifting around the placements of certain things can really help,” she said. Keep rearranging until your space feels right.
4. Fill your home with things you love.
Additionally, be sure your home includes items that reflect your desires and passions. Adding beauty, like flowers for your kitchen table or art that inspires you, can have a big effect on your mood and make you feel like you’re already living your best life. For Hoffman Smith, seasonal decor helps her add joy to her space. “Changing things up with the seasons can make it feel really cozy,” she said. Consider this your sign to light a candle or hang those twinkly lights if those things make you happy. At the end of the day, manifestation is about keeping your vibration high, so be sure to sprinkle items throughout your space that bring you joy, no matter how small.
5. Set up your home for your morning and nighttime routines.
“Manifesting really comes down to the routines we do, such as meditation, gratitude, and journaling,” Hoffman Smith said, “and having a space for each in your home can help it become a ritual that you get used to and can look forward to.” Whatever you want your morning and evening routines to look like, create a dedicated space that supports those activities. If you like to start each day by journaling while you sip your morning tea, place your journal and a pen near your tea kettle and mugs. If you want to meditate each night before bed, outfit your bedroom with soft lighting and a meditation pillow. Creating the space for the routine will make it that much easier to settle into the habit, Hoffman Smith said.
6. Prepare your space for your ideal lifestyle.
Even if you don’t feel like you’re living your dream life yet, you can prepare your space for those dreams to become a reality. Does your future self like to host dinner parties? Spruce up your dining area, tidy up your kitchen, and gather up a few recipes you’d like to prepare for friends or family. Does your future self have a consistent meditation practice? Create a cozy meditation corner with a floor cushion and a small table for candles or an essential oil diffuser. By creating space for your goals, you can prepare yourself for all of the abundance that is no doubt already on its way to you.
7 Easy Decorating Tips to Instantly Boost Your Mental Health
Starring Eddie Murphy, Tracee Ellis Ross, Jillian Bell, Nick Offerman, and many more recognizable faces along the way, Candy Cane Lane tells the story of the Carver family, as they compete in a yearly holiday house decorating contest to win one hundred thousand dollars.
After losing his job just a few days before Christmas, Chris (Murphy) puts job hunting on the back burner in service of creating a festive masterpiece on his front lawn.
And yes, in case you’re wondering, we felt those Deck The Halls vibes too!
Enlisting the help of his youngest child Holly (sibling of Joy and Nick… get it?), he stumbles across Kringles, a magical Christmas shop where Pepper the elf sells him a ‘Twelve Days of Christmas’, Christmas tree.
When it and the ornaments from each of the twelve days unexpectedly come to life and flee the tree on the night of the competition, Chris and his family must find the five golden rings in time or Pepper, who it turns out was exiled from Santa’s workshop, will turn him into a singing ceramic Christmas ornament.
Is it a classic Christmas tale? Not exactly. Is it a little offbeat? Sure.
But did we have fun with the movie and love seeing all of the houses alight and twinkling ahead of the big day? You bet we did!
Now, we know you’re wondering if Candy Cane Lane is a real place, whether you can visit, and if they actually shut down a whole street to film the movie there.
Well, you can have yourself a merry little Christmas because we’ve done the research for you and can answer all of these questions and more – happy holidays!
Is Candy Cane Lane a real place?
Yes, Candy Cane Lane is a very real place located on East Acacia Avenue in El Segundo, California. Every year since 1949, with an understandable one-year hiatus in 2020, the street comes alive in a spectacle of Christmas lights and festive displays made by the residents.
With nightly shows from December 9th – 23rd, and visits every other evening from Santa himself, it’s a sight to behold and definitely one for the bucket list!
Unlike in the movie, there is no competition between neighbors.
Instead, the displays serve to bring the residents and the community together in celebration of the season.
Did they film Candy Cane Lane on the actual Candy Cane Lane?
Whilst it might look just like the real thing, scenes outside the Carver house were actually all shot on a stage.
Where? None other than Colonial Street at Universal Studios Hollywood.
Setting the backdrop for many of our favorite films and television series over the years, if you’re thinking it looks familiar it probably does!
Other productions filmed on Universal Studio’s Colonial Street
Arguably the most recognizable show shot here was Desperate Housewives.
Since the street was as much a character as the residents themselves, we wouldn’t be surprised if some eagle-eyes fans spotted Wisteria Lane the moment they pressed play on Candy Cane Lane.
Other productions include, Buffy The Vampire Slayer, Malcolm In The Middle, Leave it to Beaver, Why Him, and Sabrina The Teenage Witch – and that really is just naming a few!
More filming locations from Candy Cane Lane
With no snow to build snowmen or go sledding in, children at the start of the movie can be seen sand surfing and building sandmen instead.
According to Atlas Of Wonders, these scenes were filmed in California on Playa Del Rey Beach. Meanwhile, exteriors from the high school were shot in El Segundo itself.
Other movies that feature Candy Cane Lane
Since we’re guessing you love holiday movies (and movie houses!) just as much as we do, you’ve probably come across Candy Cane Lane in TV shows and films before this one.
Most recently, we saw Candy Cane Lane in the holiday movie The Happiest Season, starring Kristen Stewart and Mackenzie Davis.
However, this Candy Cane Lane was based on a different, yet equally amazing display in Duboistown, Pennsylvania, and scenes were filmed on Cleveland Avenue in Avalon.
Read all about that and the other dreamy filming locations and houses we tracked down from the movie right here:
Meanwhile, New Girl fans will remember an episode called The 23rd in season one, where the gang drives to Candy Cane Lane at 4 am and proceeds to scream and shout for the residents to turn on their lights.
According to the New Girl podcast, Welcome To Our Show on which the show’s stars, Zooey Deschanel, Hannah Simone, and Lamorne Morris re-watch and give behind-the-scenes info about each episode, this Candy Cane Lane was shot on the Disney ranch.
Why? Like most holiday movies and shows, the episode was not actually shot at Christmas.
The takeaway? Even if you can’t take a trip to Candy Cane Lane this year, there are plenty of festive movies and TV shows that can transport you there from the comfort of your very own home – Merry Christmas everyone!
More stories
The Real-Life Home Alone House: Then and Now
Where is the Griswold house from National Lampoon’s Christmas Vacation?
Jackie’s house in ‘Best. Christmas. Ever!’ is on a farm in Utah
Inside: Looking to celebrate Christmas on a budget? This guide has you covered with creative and affordable ways to do just that.
Are you stressed out about how to afford a fabulous Christmas on your budget? Worry not.
This festive season isn’t about how much cash you fork out, it’s about creating lasting memories and spreading joy.
Why let financial woes dampen the joyous yuletide spirit when you can celebrate a charming Christmas on a budget?
Remember, it’s your money, your decisions, and your rules – no guilt trips or social pressures should force you into spending Christmas in debt.
Today you will learn:
Determine your Christmas budget: Figure out what’s a comfortable amount for you to spend and stick to it religiously.
Be creative with gift giving: Homemade presents or heartfelt letters can be more valuable than pricey items.
Find simple ways to save money: Use these money saving tips to enjoy a festive holiday season.
This holiday season, celebrate responsibly, within your means, for a Christmas that’s merry, bright, and totally guilt-free!
Why Celebrate Christmas on a Budget?
Embracing a budget-friendly Christmas can prove to be not only a smart choice but one filled with warmth, delight, and genuine joy.
Enjoy valuable family bonding time with exciting games and shared activities. Volunteer work, a day of holiday baking, or a simple drive-through Christmas lights sightseeing trip can leave a lasting impression. Look through this Christmas bucket list.
Opt for economical, yet thoughtful gifts or stick to fun gift exchange rules, such as the “four gift rule” for your kids. Remember, it’s the sentiment behind the gift that matters the most.
In essence, an economical holiday season needn’t be a dull affair, rather it’s an opportunity to make it more heartfelt and unforgettable.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What to buy for Christmas on a tight budget?
Yes, friend, you can buy meaningful Christmas gifts while sticking to a budget.
In fact, the thought behind a gift is often what makes it special, not the price tag.
A few ideas include homemade gifts, gift cards, subscriptions, and second-hand items. With a little creativity, you can find the perfect present for everyone on your list without spending a fortune.
Below you will find plenty of great gift guides for Christmas that won’t break the bank.
Benefits of a Budget Christmas
1. Allows you to plan ahead and stay on track 2. Prevents overspending 3. Buy gifts that are within your budget 4. Focus on quality over quantity 5. Ensures that everyone gets a gift 6. Helps you avoid debt during the holidays 7. Prevents you from feeling stressed out about money during the holidays 8. Be creative and come up with unique gifts 9. Save for next year’s holiday budget 10. Stay connected to the spirit of the holidays
Savings with Christmas on a Budget
From homemade Christmas decorations to unique gift ideas, it’s possible to create magical moments that’ll last a lifetime without a hefty price tag.
Embrace the true spirit of Christmas – love, family, and togetherness, rather than commercialism, and read on to discover how.
Learn the simple ways to celebrate the festive season without breaking the bank with our creative and budget-friendly Christmas ideas.
1. Think about a No Gift Christmas
Having a No Gift Christmas is a creative and budget-saving alternative to traditional holiday festivities, especially suitable if funds are tight. Why not consider it?
Here are some benefits:
You can alleviate the holiday stress often associated with spending on gifts.
It fosters the idea of Christmas as a season of togetherness, not just gift-giving.
It offers the potential for unique and memorable experiences, like volunteering or creating fun traditions with your loved ones.
Remember, having a memorable Christmas doesn’t have to cost much, or anything at all Learn more about a no gift Christmas.
2. Make Your Own Gifts
DIY Christmas gifts are your perfect solution. They not only save pennies but are laced with your love and creativity.
Start by exploring plenty of creative gift ideas available for free online. Need help? Look for “homemade gifts for Christmas” and you’ll be surprised.
Compile a list of possible gifts from homemade candles to personalized coupon books, keeping the recipient’s likes in mind.
Remember, your efforts will reflect in your gift. So, unleash your creativity and let the magic begin.
3. Borrow Instead of Buy
Borrowing instead of buying is a clever way to have a festive holiday while keeping things budget-friendly. This concept is simple: swap decorations, games, or even gifts with friends, neighbors, or family
Discuss your idea with your circle and organize swapping parties to exchange items.
The key is to creatively engage and make it a fun, budget-conscious activity. After all, Christmas is about sharing and caring!
Remember, return borrowed items in their original condition to maintain trust.
4. Attend Free Events
The Christmas season doesn’t have to be a strain on your wallet. Attending free community events can provide fun and festive celebrations:
To find these events, check your local newspaper or community websites. Be sure to:
Take advantage of free refreshments, but also bring your own to share.
Consider hosting a potluck dinner before or after community events.
Attending free events supports your local community.
Remember, Christmas is about togetherness, not extravagant spending.
5. Make Your Own Decorations
To create a festive atmosphere this season, you could repurpose items around your house or make your own decorations.
Choose a color theme and gather items in those shades, then place them together on a mantel or coffee table to create a coordinated layout.
For a natural touch, clip pine needles, branches, or herbs from your garden, and enhance them with glitter.
Additional budget-friendly options include taking advantage of sales and discounts at thrift stores or crafting handmade decorations such as ribbons from fabric strips or Christmas cookie ornaments.
6. Keep Track of Your Christmas Expenses
Just like throughout the year, budgeting is critical to your financial success.
Nothing changes with Christmas, it is crucial to track and budget your holiday expenses. Jot down every potential cost – from the Christmas tree, and food, to holiday décor.
Be thoughtful about what you really need and opt for items you can use for years.
This is one of the cash envelope categories I recommend saving for. To effectively manage your expenses, assign specific dollar amounts to each item on the list, ensuring you stay within your budget.
Enjoy guilt-free spending and effortless saving with a friendly, flexible method for managing your finances.
Start Your Free Trial.
7. Share the Spirit
Embracing frugality during the holiday season can not only help you save money, but can also create memorable experiences and meaningful connections.
Small gestures, such as sending heartwarming physical letters to loved ones instead of emails, can still convey thoughtfulness and spur the holiday spirit.
By centering your holidays around family activities and endeavors, like homemade ornaments or a scavenger hunt with small gifts, the focus shifts from materialism to fellowship and unity.
Find more frugal Christmas ideas.
8. Check Out Bargain Stores
Bargain stores provide the perfect solution for savvy holiday shoppers looking to save money without compromising on quality or variety. Not only can you find unique, quirky gifts, but you can also keep a lid on your spending while doing so.
Stores like consignment shops or websites such as Craigslist often have high-quality used toys that are nearly new if you’re willing to look carefully.
Another option is to look at discount retailers like TJMaxx as they often host sales during the holiday season, making it even easier for you to save money while hunting for the perfect gifts.
9. Save Money Throughout the Year
Automating your savings for the Christmas season can be a practical and efficient strategy. The 100 envelope challenge is perfect for this!
By setting aside just $50 each month, you could accumulate up to $600 by December, providing a decent budget for your holiday expenses. This method can ease the financial stress during the holiday season, letting you enjoy the festivities without worrying about overspending.
Consider setting up automatic transfers to a high-interest savings account. This ensures your Christmas funds grow without your intervention.
Lastly, try a no-spend month where you only cover essential bills, giving your savings a significant boost.
10. Start a Side Hustle for More Money to Spend
Engaging in side hustles throughout the year can help you significantly cover your holiday expenses.
By delivering food, completing microtasks, selling gently used items, or shoveling snow, you create extra earnings that can go directly into your Christmas fund.
For instance, extra income from a seasonal retail job could help finance gift-purchasing without straining your usual budget.
This strategy not only prevents potential post-holiday debt but also allows you to enjoy the season without financial stress.
In fact, more people are interested in how to make money online for beginners.
This is the perfect side hustle if you don’t have much time, experience, or money.
Many earn over $10,000 in a year selling printables on Etsy. Learn how to get started by watching this free workshop.
If you’ve ever wanted to make a full-time income while working from home, you’re in the right place!
This intensive training combines thousands of hours of research, years of experience in growing a virtual assistant business, and the power of a coach who has helped thousands of students launch and grow their own business from scratch.
11. Shop Online Instead of Going to the Mall
Shopping online for your Christmas gifts can seriously ease your holiday stress, and potentially save you money.
Let’s explore why skipping the mall and clicking your way to a merry Christmas might be your best bet this year:
No dealing with holiday crowds or cranky shoppers.
Enjoy sales and deals without leaving your home.
Track prices over time to grab the best deals.
Use Rakuten to save even more money on purchases.
For smart online shopping, prepare a list of gifts before diving in. Take advantage of the “wish list” option on platforms to curate items of choice and make sure you first glance over deal sites before making purchases.
12. Have a Christmas Potluck
Host a festive potluck! Invite friends and family, asking each to bring their favorite dish.
Here are some tips for a successful event:
Get organized and ask guests to bring specific types of food. This prevents duplicate dishes and ensures a balanced meal.
Introduce a fun element. Try a cookie swap or a silly game like “Guess the Cookie.”
Keep decor simple. A large vase filled with greenery and baubles can effectively replace a pricey Christmas tree.
Remember simplicity is key in food and decor. Costly ingredients and complicated recipes aren’t prerequisites for a memorable Christmas.
Remember, the holiday is about togetherness, not extravagance!
13. Make Your Own Cookies
There’s a unique pleasure derived from making your own cookies during the holiday season instead of buying them. More so, the cookies you’ve invested your time and creativity into can double as thoughtful, homemade gifts, adding another level of sentiment.
Apart from being a cost-effective option, it brings an opportunity to bond with friends and family during cookie exchange or decorating gatherings.
Making your personally crafted cookies also gives you control over ingredients catering to specific dietary needs or preference
Indeed, making your own cookies adds value that surpasses the mere cost savings, it infuses the holiday season with warmth, joy, and a sense of shared experience.
14. Cross Off Activities from your Christmas Bucket List
Having a joyful Christmas doesn’t necessarily mean overspending. In fact, integrating cost-effective activities into your holiday routine can make the season more meaningful and fun.
This Christmas Bucket list post offers an extensive and diverse list of creative ideas for budget-friendly Christmas shopping, gifting, and celebrating.
Additionally, downloading the free printables and a Christmas Budget Template will make the process even more manageable and fun.
15. Have a No-Gift Party
A no-gift Christmas party is an affordable and fun holiday celebration where attendees do not exchange gifts. It’s a great option for those looking to save money and still enjoy the festive season.
Here are steps to make it happen:
Step 1: Decide on the party type, either a simple gathering or a potluck dinner.
Step 2: Inform guests about the no-gift policy in advance.
Step 3: Organize exciting, cost-effective activities such as a game night.
Step 4: Engage guests with games for a joyful event.
Expert Tip: Conversation and laughter are your best tools.
16. Make a Christmas Memory Book
Creating a Christmas memory book is an affordable and engaging way to celebrate the holiday season, especially when you’re on a tight budget.
To start, you can utilize items already at your disposal in your house such as old photos, greeting cards, and crafts.
Spend some time penning down heartfelt messages and your favorite holiday memories associated with each picture or craft. Embellish the pages with affordable decorating materials like glitter, stickers, or color pens.
Not only does this create a personalized touch, but it also serves as a nostalgic keepsake that can be cherished for years to come.
Tip: Digitize your memory book by creating an electronic version. This can also help preserve the original items.
17. Spend Time With Loved Ones
Celebrating Christmas on a budget doesn’t mean skipping on the fun.
It’s about cherishing time spent with loved ones, harnessing creativity, and making priceless memories that last a lifetime.
Here are some cost-effective activities you can embrace this festive season:
Share stories of memorable Christmas experiences.
Organize virtual celebrations with extended family and friends.
Create your own family-themed board game.
Bake Christmas cookies or make a popcorn Christmas tree.
Stream a Christmas church service.
If snow is around, engage in snow play.
Dance to classic Christmas music.
Put together an annual family calendar.
Participate in one of these Christmas Challenges!
Remember, it’s not about what’s under the tree that matters, but rather, who’s around it.
18. Stash Christmas presents all year
Do what I do! Begin addressing the issue of holiday budgeting by stashing Christmas presents all year round.
This is a smart and stress-reducing move!
Find deals throughout the year rather than spending lavishly in December. Hang on to items like discounted gifts in your secret gift closet!
As you build an inventory of diverse items, you will be ready for birthdays or sudden party invites – you’re always prepared!
Just be careful to stop shopping when your list is fulfilled to avoid overspending.
19. Write a Christmas Gift List
Creating a Christmas gift list can be an effective way to manage your holiday spending. This helps you understand the overall picture of your holiday expenditure.
Start by writing down the names of every person for whom you consider buying a gift.
Then, determine how much you’re willing and able to spend on each individual. This helps you understand the overall picture of your holiday expenditure.
Take time to brainstorm potential gift ideas within your decided budget for each person. This process can be even easier and more informative if you’re able to reference a gift list from previous years.
Ultimately, the goal is to ensure that your total intended spending is reasonable and manageable for your personal financial situation.
Remember, you may not need to buy gifts for everyone on your list – some individuals might appreciate homemade or free gifts just as much.
20. Choose Great holiday things to do for less
Set aside the societal notion of linking the joy of holidays to copious spending, and welcome small, inexpensive, yet heartfelt gestures.
Adopting a mindset that finds value in low-cost or even free activities, especially during the holiday season, can not only alleviate financial pressure but also create cherished memories.
Instead of focusing on extravagance and materialistic desires, turning attention to experiences and emotional bonding can revolutionize the celebration!
You can always find things to do on Christmas Day.
21. Think Outside the Box With Gifts
Finding affordable gifts doesn’t mean you have to sacrifice quality or thoughtfulness.
By utilizing a gift guide such as the 4 gift rule – something they want, need, to wear, or read – you can ensure a well-rounded and meaningful set of gifts for each child.
Alternately, consulting lists of inexpensive yet creative suggestions like those curated by Money Bliss can help you find unique presents that won’t break the bank. These affordable finds range from books, gadgets, to personal care items, and home accessories.
Regardless of budget, the key to successful gift-giving lies in understanding the recipient’s needs and interests.
22. Consider Re-Gifting
Re-gifting is a practical, budget-friendly, and environmentally-friendly way to celebrate Christmas. It allows unused or unwanted items another chance to be appreciated and might save you some cash too.
Here are some regifting tips:
Ensure the gift is in good condition, unwanted but quality, and not linked back to its original giver.
Consider the preferences of the new recipient, ensuring the gift suits them.
Completely re-wrap the gift to give it a fresh appearance.
Some may debate the etiquette of re-gifting but remember, it’s more about the thought and less about where the gift originated.
Making smart choices can ensure a successful and fun re-gifting experience this festive season.
23. Use Gift Cards or Cash App to Stay on Budget
Purchase a prepaid gift card from your favorite store to ensure you’re limiting your spending to a specific amount and preventing the temptation of overspending.
If you’re planning to shop from a range of places, opt for a Mastercard of Visa prepaid card. While there may be an activation fee, it’s ultimately going to be less than what you’d potentially overspend.
Another great option is using the Cash App card and learn where you can load your Cash App card.
Also, you can use budget tracker apps like YNAB or Simplifi. These can help you meticulously keep track of your spending and stay within your budget.
Remember, the key is to stick to a budget and avoid falling prey to impulsive purchases. Using gift cards or these budgeting apps makes it easier to limit and monitor your expenses.
24. Use Money Gift Ideas Wisely
Money gift ideas can be an excellent alternative to traditional presents, especially when budgeting is a critical aspect.
Too many times, money gift ideas are overlooked as impersonal, but a money gift box or money cake will definitely surprise the recipient.
This will guarantee you will stay within your target budget by using money gift ideas.
For larger families, a gift exchange with a set price limit can keep costs manageable.
25. Donate to Charity Or Volunteer
Volunteering at a charity is a meaningful way to give back during the holiday season that doesn’t put a strain on your budget.
Instead of buying more items a person may not need, you’re investing time, money, and energy in causes they care about. Although this doesn’t require a financial commitment, it’s a generous gift full of sentiments.
Furthermore, donating money to a charity in someone’s name is a thoughtful and effective way to honor someone who already has everything they need. It allows the recipient to feel the joy of giving, yet remains a budget-friendly option for the giver.
If you’re keen on frugal yet meaningful ways to celebrate Christmas, how about considering charitable donations? It’s a splendid alternative to traditional gift-giving – not hard on your wallet, plus it makes a difference!
Most people know it is hard enough to buy gifts for the woman you who has everything or kids who have everything.
How to Make a Christmas Budget
A lot of joy and goodwill is associated with the holiday season; however, it also brings with it the challenge of managing finances meticulously to avoid slipping deep into credit card debt.
One of the effective ways to keep your finances under control during this festive time is by creating an efficient Christmas budget.
In the following sections, we will delve in detail into the simple process of creating a feasible Christmas budget that you can adhere to.
Step 1: Decide What You Want to Spend on Christmas
Determining how much to spend at Christmas depends on your individual budget and financial situation.
On a general basis, most people will overspend at Christmas in order they don’t look broke or not generous.
However, that thought process is backward if you are trying to reach your financial goals. You need to decide on how much you want to spend at Christmas time.
That is why these consumable gifts tend to be popular.
Expert Tip: Avoid surpassing your Christmas budget to prevent feeling the pinch of holiday debt later on. Stick to your allocations and plan things out in advance.
Step 2: Make a List of Christmas Gifts
Creating a list is essential for budget-friendly and stress-free Christmas shopping.
This prevents you from forgetting someone important by intuitively documenting all the people you intend to get gifts for. Also, allows for the clear allocation of your total Christmas budget, preventing overspending on some individuals and under-spending on others.
If you aim to economize, consider the 4-gift rule: something they want, something they need, something to wear, and something to read. This method provides thoughtful gifts for children while maintaining a manageable budget.
More importantly, a well-planned list significantly reduces the time spent shopping and aids in buying gifts early before the holiday rush begins.
Expert Tip: Don’t forget to consider items like stocking stuffers, last-minute gifts, or teacher’s gifts, and the cost of extra food for holiday gatherings.
Step 3: Prioritize Your Spending
Prioritizing where to spend money relative to your financial goals is crucial to achieving long-term financial stability and health. It ensures that your money is allocated effectively, giving priority to necessities and matters that directly support your objectives.
This practice can also prevent unnecessary expenditures and helps in averting serious overspending, especially during high-spending periods like the Christmas season.
Thus, you will need to prioritize your Christmas budget before the festive season. It helps prevent overspending and keeps you debt-free.
Step 4: Limit Your Christmas Spending
First, it is important to abandon the notion of a “perfect Christmas” and focus on enjoying the holiday within your budget.
You can even educate your family members about the concept of holiday budgeting and involve them in your planning process.
Consider proposing less expensive alternatives to traditional gift-giving within your extended family such as handmade or recycled gifts, or conducting a white elephant exchange with budget-friendly novelty items.
Don’t overlook smaller gifting costs that can accumulate, like Christmas stockings – instead fill them with practical, affordable items that your family needs.
Save money on wrapping supplies by using items readily available at home like newspaper or butcher paper and involve the kids in a fun, cost-saving activity by having them create homemade gift tags.
Remember, sticking to your budget doesn’t mean letting go of the Christmas spirit. It’s about celebrating responsibly and starting the New Year without financial stress.
Step 5: Ignore Sales and Keep it Simple
Sales, sales, sales – the deal is too good to pass up!
Here are key ways to overcome this common dilemma.
Resist impulsive purchases compelled by sales, and stick strictly to your shopping list.
Pause before purchasing an item not on your list, consider the necessity.
Keep emotions in check, they run our shopping decisions.
Conquer emotional spending, stay true to your budget.
Discourage additional spending once your list is fulfilled and the budget exhausted.
Remember that it’s better to focus on affordable presents rather than seeking the perfect, but expensive, gift.
Step 6: Shop for Christmas Gifts Early
Start early. Begin watching for sales on items from your Christmas gift list way before the season’s rush.
Begin monitoring for sales early, especially during holidays that precede Christmas, to stretch your budget further.
Make use of Black Friday and Cyber Monday. They provide excellent opportunities to snag deals on your gifts.
Expert Tip: Remember to stick to your list. If it isn’t on your list, pass it up. It’s challenging but keeps your budget in check.
Step 7: Reuse and Recycle Holiday Decorations
Start by taking stock of items in your house. Don’t limit yourself to traditional decorations—choose a color theme and scan your home for items that fit and can be repurposed.
Use the resources outdoors. Pine branches, pine cones, mistletoe, and holly can be fashioned into decorations from nature’s catalog.
Even consider trading decorations with friends or family. This can bring a new look to your home without the need for new purchases.
Get creative with items from dollar stores that can be combined to appear high-end and save costs.
How to buy gifts for Christmas on a budget?
Maintaining a budget doesn’t mean you can’t enjoy giving gifts this Christmas.
Use these gift guides to help you out:
Remember, the joy is in the giving, not in the cost of the gift.
Time to Create Your Holiday Budget and Make it Memorable
Regardless of your financial situation and the extent of your holiday plans, this guide will help you maintain financial stability while fully embracing the Christmas spirit.
By setting aside a prescribed sum for your holiday expenses, you’re able to enjoy the season without the stress of unexpected expenditures or financial shocks after the holiday haze has cleared.
Celebrating Christmas on a budget doesn’t mean skipping the fun or the warmth.
With just a dash of creativity and thoughtful planning, you can make the yuletide season enjoyable and meaningful without breaking the bank.
Use the festive tips provided and start planning your budget-friendly Christmas now. Remember, the true essence of Christmas isn’t in extravagant spending—it’s about love, joy, and spending quality time with those who really matter to you.
Don’t forget to access a free printable worksheet for your customized holiday budget.
Know someone else that needs this, too? Then, please share!!
Staying at a hotel so famous that it’s printed on a country’s currency isn’t something that was on my travel bucket list. In fact, I didn’t even know that such a hotel existed. But it turns out that the Grand Pacific Hotel in the capital of Fiji is famous enough to earn that honor.
While it’s no longer the most luxurious hotel in the country, the Grand Pacific Hotel is still the go-to hotel for celebrities, politicians and business travelers when visiting the Fijian capital of Suva. Here’s what it’s like to stay at this historic hotel.
During my stay in April 2023, the Grand Pacific Hotel still operated as an independent IHG hotel — not flagged as any particular IHG brand. However, the hotel is in the process of joining the InterContinental Hotels & Resorts brand.
At the time my wife and I booked our stay, award nights at the Grand Pacific Hotel cost a steady 30,000 IHG One Rewards points per night. As an IHG® One Rewards Premier Credit Card holder, I received a fourth night free on this stay.
That means my four-night stay only cost 90,000 IHG points. At NerdWallet’s valuation of 0.7 cent per IHG One Rewards point, that’s approximately $630 worth of points.
An equivalent cash booking cost $1,006 total at the time we booked. That means this fourth-night free award booking netted around 1.1 cents per point in value.
The Grand Pacific Hotel is located on harborfront land in the Fijian capital of Suva, surrounded by some of the nation’s most important sites. The hotel is just a few minutes walk from the nation’s seat of power, historic Thurston Gardens and the Fiji Museum.
Directly in front of the hotel, you’ll find Albert Park. This expansive park has hosted dignitaries throughout the years, was the site of the unveiling of the new Fijian flag when the archipelago gained independence from the British and remains a center of Fijian culture.
During our stay, Albert Park constantly bustled with life — from soccer and rugby practices to a cricket tournament featuring teams from all across the island nation.
The Grand Pacific Hotel is located just south of other Suva highlights. The bustling Suva Municipal Market, historic Carnegie Library and shopping streets are all located within a mile.
The Grand Pacific Hotel is the most storied hotel in the country of Fiji — so much so that the hotel is featured on the back of the Fiji $10 bill. Originally opened in 1914, this fittingly named grand hotel has hosted a long list of celebrities. Among the most famous are Queen Elizabeth II during several visits to the once-British colony and Charles Kingsford Smith in his famous “Southern Cross” flight from the U.S. to Australia in 1928.
A display case near the entrance to the hotel displays memoirs of the hotel’s past.
Photos of the hotel’s history line the walls of the original building, with plenty of photos of Queen Elizabeth’s multiple visits fittingly surrounding the so-called Queen Elizabeth Suite.
The hotel maintains a “Wall of Fame” with the many politicians and celebrities who have stayed at the hotel. Next to the Wall of Fame, the hotel hangs a mirror with the label “our most important guest of all.”
Accommodation
The original Grand Pacific Hotel building hosts just 10 so-called “heritage rooms” and suites. These are the classic rooms originally built in 1914 but updated in a 2014 remodel.
However, there’s much more to the Grand Pacific Hotel than just these 10 rooms and suites. A 2014 expansion added the Harbour and Kingsford Smith Wings to the hotel — adding over 100 new rooms. Most of the rooms in the Harbour Wing offer a balcony with an angled view over the pool or harbor.
At the far end of the Harbour Wing are 16 harborfront rooms and suites — eight standard rooms plus eight so-called “Grand Pacific Club” corner rooms.
As a Diamond Elite, I received an upgrade to one of these harborfront rooms, which was dubbed “Daveta” per a sign next to our door.
This harborfront room offered an expansive view of the beautiful — but surprisingly quiet — Suva harbor.
The nice — if a bit plain at first glance — room offered all of the standard amenities you might expect from a hotel room. The king-size bed visibly consisted of two twin beds but was plenty comfortable.
The 42-inch flat-screen TV offered only around a dozen mostly sports-related channels.
A minibar fridge came stocked with around a dozen self-serve drinks. As is customary in Fiji hotels and resorts, the fridge had a carton of complimentary fresh milk for your coffee or tea.
Tucked away in drawers, the hotel provided complimentary teas, French press coffee and even “drinking chocolate” packets.
The closet housed staples such as a blow dryer, safe, laundry bags, hangers, an iron and an ironing board — as well as luxury items, including robes and InterContinental-branded slippers.
The open-design bathroom offered a partially walled shower and refillable Pure Fiji-branded white gingerlily-scented amenity bottles.
Food and beverage
Guests have two options for breakfast: a la carte or a breakfast buffet costing around $20 ($45 Fijian dollars) per person. As an IHG One Rewards Diamond Elite member, I opted for the daily breakfast as my welcome amenity.
Each morning, the buffet breakfast spread was a bit different. However, the expansive buffet always offered more than a half-dozen main dishes — including a couple of vegetarian options and one vegan option — plus fruits, deli meats, cereals, breads, baked goods, salads and juices.
If you want something fresh, you can order from a menu of custom-made egg dishes.
I was pleasantly surprised by the quality of the eggs Benedict I ordered a couple of mornings.
On Thursday and Friday evenings, the Grand Pacific Hotel offers tapas complete with a live band out on the veranda.
Thankfully, our stay overlapped with the events and we could enjoy a selection of reasonably priced tapas and local Fijian beer.
Our appetite not quite suppressed, my wife and I split a bowl of kokoda — the Fijian national dish.
Pool
The Grand Pacific Hotel pool is located adjacent to the Heritage and Harbour Wings. This long but rather simple pool is open from dawn to dusk.
Fitness center
The Grand Pacific Hotel fitness center was located next to the spa. Open daily from 8 a.m. to 8:30 p.m., the fitness center has several stationary bikes, treadmills, a rowing machine, free weights and various weight machines.
Spa
The Grand Pacific has a full-service Bliss Spa on-site. During our visit, the spa offered reasonably priced specials including:
60-minute table massage: around $54 ($120 Fijian dollars).
45-minute hot stone therapy: around $61 ($135 Fijian dollars).
30-minute foot massage: around $20 ($45 Fijian dollars).
50-minute pedicure or manicure: around $27 ($60 Fijian dollars).
After a long day of walking around Suva (and then a shower), my wife and I opted for one of the 30-minute foot massages. The therapists adapted to our pressure preferences and provided a wonderful massage.
🤓Nerdy Tip
You cannot charge gratuities to the room. While tips generally aren’t expected in Fiji, you might want to have cash on hand in case you want to tip your therapist.
Wi-Fi
Located in the middle of the Pacific Ocean, the internet in Fiji can understandably be spotty — even at some of the top resorts on the islands.
Thankfully, Wi-Fi was not an issue at the Grand Pacific Hotel. While not particularly speedy, the Wi-Fi was solid throughout our stay. A Wi-Fi speed test reflected download and upload speeds of around 10 Mbps.
Business center
Need a place to get some work done? The Grand Pacific Hotel offers a business center on the ground floor of the heritage building with a couple of computers, a printer, magazines and newspapers.
If you’re considering staying at the Grand Pacific Hotel
Many foreign tourists stick to Fiji’s excellent resorts when visiting the island nation — as my wife and I did on a previous trip and much of this trip.
However, if you want a true taste of Fijian culture, I recommend basing your visit to the Fijian capital at the Grand Pacific Hotel.
(Top photo by JT Genter)
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
Whether you’re already a resident of Pensacola, FL, or considering it as your new home, a plethora of attractions await you. From seeking the perfect rental apartment to finding your dream home to buy in Pensacola, you have many diverse options. With many engaging activities and dining establishments, newcomers might find the choices overwhelming. To simplify your transition, Redfin has curated a list of must-try experiences, exceptional dining venues, and unique activities recommended by locals. Get started on your Pensacola bucket list today.
1. Visit the Pensacola Beach Boardwalk
Experience the lively charm of Pensacola Beach Boardwalk, where stunning views, delightful shops, and delectable dining converge. Stroll along the inviting promenade, bask in the sun-soaked ambiance, and indulge in an array of coastal treasures.
“One of the areas in Pensacola Beach that I love is near the Pensacola Beach Boardwalk,” shares travel blogger Wayne Kask of Always On The Shore. “You can park at Quietwater Beach, which is just a tiny stretch of beach on the Sound Side. From here, walk on over to the boardwalk which is filled with restaurants, shops, bars, and entertainment. Grab a seat on the deck at Flounder’s Chowder House and try their Free Range Gulf Fish, while you enjoy the views and listen to live music.”
If you are planning to spend a day at the beach, Tricia Vines photography provides a great way to capture your memories with a beautiful photoshoot on Penscola’s sandy white beaches.
2. Discover the Rich History of Fort Pickens
Step into a bygone era at Fort Pickens in Pensacola, FL. Uncover the layers of history within its weathered walls as you explore the well-preserved grounds of this coastal fortress. From intriguing architecture to tales of military significance, Fort Pickens offers a fascinating journey through time.
“Going to visit Fort Pickens is an absolute must,” says owner of Riptide Media Jimmy Warr. “Seeing a historic, Civil War era fort still standing is something to behold. As the nation’s oldest city, Pensacola has so many things to offer the avid history buff.”
3. Enjoy Brunch at The Fish House
“Enjoy a leisurely Sunday brunch with friends at The Fish House, where fresh fish and sushi are highlights of the menu, and the Smoked Salmon Avocado Toast is a favorite,” states travel writer Gemma Arnold of TopFlight-Travel.com. “Be sure to arrive just before 11am to snag a table, as reservations aren’t accepted. The deck is perfect for relaxing with drinks into the afternoon.”
4. Discover the Gulf Coast’s Hidden Depths
“Exploring the depths of Pensacola’s underwater wonders is an adventure like no other,” says Taylor Kulik of H2O Below Dive Charters. “ As a seasoned multi-passenger Dive Charter boat in the region, we’ve been navigating these waters for nearly two decades. From novices to seasoned divers, our excursions cater to all levels, inviting you to discover the Gulf Coast’s finest diving spots.”
5. Craft sand castles by the shore
Participate in the joy of sculpting sand castles at the beach. Let your imagination run wild as you shape turrets, moats, and more. Whether young or young at heart, this timeless activity promises smiles and cherished memories along the shore. “This unique activity showcases our beautiful Gulf Coast while guiding you through the process of making bigger and better sand sculptures,” shares Janel Hawkines, owner of SandCastle University.
6. Stroll down the tree-lined Historic Palafox Street
Visit Palafox Street in Pensacola and learn why this street is known to locals as the gateway to their city with its interesting architecture, unique shopping, and delightful dining opportunities,” states Emerald Coast Connected staff writer June Scroggin. “Part of the charm is the prevalence of art here. A must-do is visiting Blue Morning Gallery, a local art co-operative, the gallery features original works of art in all types of media.”
7. Attend the Pensacola Seafood Festival
“Our #1 Must-Do in Pensacola is the Pensacola Seafood Festival,” says Executive Director Bridget Middleton. “In its 46th year, this three-day festival boasts hundreds of vendors serving delicious seafood, artists and craftspeople from around the US; a children’s area, local restaurants serving their best dishes at ‘Gulf to Table’ and cooking demonstrations from some of the area’s greatest chefs. To top it off, there is live music on the Main Stage all weekend and entry to the festival is free.”
8. Dine at George Bistro
Indulge in this restaurant’s amazing flavors in the heart of Pensacola. Experience an unforgettable evening of exceptional dining. “My absolute favorite restaurant in Pensacola is Geroge Bistro,” shares local blogger Sarah Ritchie of Genuine Sunshine Blog. “Everything I’ve tried on their menu is incredible. Make a reservation in advance because it does book up. My favorites are the Alfredo Pappardelle and the Short Ribs + Mushroom Ravioli, but their Filet Mignon is also delicious. They also do an amazing brunch—you really can’t go wrong with anything on the menu. Also great service and delightful cocktails and coffees.”
Pensacola bucket list: the bottom line
Discover essential Pensacola experiences for your bucket list. From the vibrancy of Pensacola Beach to the serenity of historic forts, and the dynamic allure of downtown exploration, each adventure contributes to Pensacola’s distinct charm. Whether you’re a resident or visitor, these cherished memories will stay with you for a lifetime.
If you’re a resident of Omaha, NE, or thinking about making it your new home, you’ll find a wealth of attractions waiting for you. Whether you’re searching for the perfect apartment to rent in Omaha or a home to buy, Omaha has it all. From a variety of engaging activities to an array of dining options, newcomers may feel overwhelmed by the choices. To make your transition smoother, Redfin has carefully compiled a list of must-try adventures, fantastic dining spots, and one-of-a-kind experiences endorsed by locals. Lace up your walking shoes, embrace your sense of adventure, and get ready to experience the ultimate Omaha bucket list.
1. Visit Aksarben Village
“Located in the heart of Omaha, Aksarben Village is the city’s premier entertainment and shopping community, a walkable place of unique shops, restaurants, bars, bike trails and green spaces,” shares the Aksarben Village team. “Whatever you love to do, Aksarben Village is where it all starts. Catch a movie, see a concert, hit the bars, or enjoy the game.
At Aksarben Village, you can enjoy a cool drink and charcuterie from Sonny’s, experience 10 diverse cuisines and craft libations at Inner Rail Food Hall, nosh on late-night sushi and sashimi at Ponzu, enjoy a movie and a drink at Aksarben Cinema, and visit fresh-tomato Sundays every summer at the Omaha Farmers Market.”
2. Try the local cuisine
Embark on a journey through Omaha’s diverse flavors. From sizzling steakhouses that pay homage to the city’s heritage to cozy cafes serving up farm-to-table delights, exploring Omaha’s local cuisine promises a delectable experience.
“As a sushi and coffee enthusiast my top two local Omaha favorites are Koji and Amatuer coffee,” says local photographer Julie Trin. “At Koji, the sushi is truly a work of art. Chef David Utterback is a mastermind that Omaha is so lucky to have. Amatuer coffee is one of a kind with all of its unique aroma and vibrant taste.”
“We make it a priority to have dinner at our favorite restaurant in Omaha, Mula in the Blackstone district,” states local photographer Christine Matrangos, owner of Images By Christine M. “We discovered Mula after returning from a fun trip to NYC and our goal was to find a taco place locally that could compare to the delicious taco restaurants we tried in NYC. Mula was our first restaurant we tried, and it was so good that our journey to find the best tacos was over as fast as it began. The chicken nachos and carne asada tacos are delicious.”
“Johnny’s Cafe is Omaha’s Original Steakhouse, serving locals and visitors for over 100 years,” shares co-owner of Johnny’s Cafe Sally Kawa. “Our family owned and operated steakhouse specializes in hand-cut, aged on premise steaks, slow-roasted prime rib and a variety of other dishes combined with excellent service. We recommend you try the hand-breaded onion rings, Omaha Strip Steak or slow-roasted Prime Rib.”
According to Thomas Bartsch of Gather in Omaha, “you need to experience the ultimate farm-to-table journey at our unique restaurant in the heart of Old Market Omaha. Discover our Hydroponic Vertical Urban Farm, providing fresh produce for our modern eclectic dishes and signature cocktails. We recommend grabbing a craft cocktail at the bar, then heading downstairs to the lounge to see the farm in action – a truly unique experience.”
3. Explore nature at Fontenelle Forest
Embrace the serenity of Fontenelle Forest, an oasis nestled in Nebraska’s heart. Wander along its tranquil trails, enveloped by tall trees and lush foliage. This natural retreat offers an escape from the daily grind, inviting you to reconnect with the outdoors and find solace in its beauty.
According to local photographer Allison Garrett Johnson, “ For someone who loves spending time in nature , this is an amazing spot. There are hiking trails, a natural playground and my personal favorite, the TreeRush ropes course. It’s also a great spot for wildlife photography.”
4. Being your day with the perfect cup of coffee
Kickstart your mornings by indulging in the rich aroma and comforting warmth of a perfectly brewed cup of coffee. Whether you prefer a bold espresso shot or a creamy latte, starting your day with coffee is more than a routine – it’s an enjoyable ritual that sets the tone for the hours ahead. “If you’re not a local to the Omaha area, a visit to our vibrant, local coffee shop should be on your to-do list. Freshly roasted coffee and specialty drinks paired with house made breakfast, lunch or appetizers will be a delightful treat. Did we mention live music on the weekends and craft cocktails? Stop in for a visit,” says Brooke, Owner of Stories Coffee
5. Spend some time in the Capitol District
“Located in the heart of Downtown Omaha, The Capitol District has many amenities for everyone to enjoy,” states Omaha local Katie P. “Begin your day with breakfast at Lula B’s and then catch the game at Let It Fly Sports Bar. Discover the District’s vibrant nightlife with concerts at nearby venues such as Steelhouse Omaha, karaoke at Moe & Curly’s, a golf simulator at DJ’s Dugout, a country hoedown at Beer Can Alley, or any of our other unique bars and restaurants.”
6. Spend the day at the Omaha Zoo
Immerse yourself in a world of creatures and natural beauty at the Omaha Zoo. Wander through lush habitats, witness majestic wildlife up close, and embrace the thrill of discovery. A visit to this renowned zoo promises an unforgettable adventure that educates, entertains, and fosters a deeper connection with the animal kingdom.
Omaha bucket list: the bottom line
Omaha, NE offers must-have experiences for your bucket list. From Aksarben Village’s buzz to Fontenelle Forest’s tranquility, and the Capitol District’s dynamic vibe, each adventure adds to Omaha’s unique identity. Whether local or visitor, these memories will last a lifetime.
If you’re a Denver local or considering moving to the Mile-High city, and looking to rent an apartment in Denver or buy a home, this city offers an abundance of attractions. With numerous activities to explore, and places to eat, it might be daunting for new residents to decide where to begin. To help, Redfin curated a list of must-try experiences, places to grab a bite to eat, and unique activities recommended by locals. Put on your walking shoes and embrace your adventurous spirit as you embark on the ultimate Denver bucket list journey.
1. Buy tickets to see the Colorado Symphony
Including a visit to the Colorado Symphony on your Denver Bucket List promises an unforgettable musical experience. Immerse yourself in the sounds of world-class musicians as they perform a diverse repertoire, ranging from classical masterpieces to contemporary compositions.
“With a passion for artistic excellence, the Colorado Symphony specializes in providing the best in live, symphonic music to diverse audiences around the state,” explains Nick Dobreff of the Colorado Symphony Association. “With offerings for everyone, the orchestra seamlessly traverses the timeless realm of classical music while fearlessly venturing into groundbreaking collaborations with renowned artists like DeVotchKa, Wu-Tang Clan, and Nathaniel Rateliff.”
2. Visit the RiNo Art District
Visiting the RiNo Art District is a must for anyone in the city. The area boasts colorful streets adorned with vibrant murals and street art. It’s also home to art galleries, craft breweries, trendy eateries, and unique shops, making it a perfect area for art enthusiasts and adventurers.
According to travel blogger Susan Heinrich of Midlife Globetrotter, “Denver’s River North Art District (RiNo) is a dynamic city neighborhood showcasing local art and offering diverse cuisine, bars, and breweries. It’s a great area to explore on your own, or take a guided tour to see the RiNo street art. Dining options are plentiful, I recommend Hop Alley for inventive Chinese small plates or Osaka Ramen for tasty, quick-service noodle bowls. Discover more about RiNo’s local artists and be sure to attend a special event on the first Friday of every month, June through November.”
3. Treat yourself to the best ice cream in Denver
“Craving the best homemade ice cream experience in Denver? Little Man Ice Cream is a must-visit spot with its iconic 28-foot milk jug beckoning you to indulge in their locally sourced, decadent ice cream and irresistible baked goods,” says Denver locals Melody and Tanya of Colorado Hikes and Hops. “From mouth watering options for regular ice cream lovers to irresistible treats catering to vegans and gluten-free enthusiasts, this beloved hotspot offers a unique and inclusive experience that deserves a spot on your Denver bucket list. Don’t miss their must-try flavors like Salted Oreo and Vegan Chocolate Peanut Butter.”
4. Spend the day at Denver Union Station
Spend a memorable day at Denver Union Station, a historic landmark that offers an array of attractions and activities. Check out the beautifully restored architecture and soak in the ambiance of this bustling transportation hub. Enjoy a variety of dining options, boutique shops, and charming cafes, making it a perfect spot to unwind and experience the heart of Denver’s culture and hospitality.
“Denver Union Station has a unique blend of history, architecture, and an amazing culinary scene,” shares travel blogger Genni Franklin of Travelling Franklins. “Its proximity to downtown makes it the perfect central hub and meeting place, with restaurants, bars, and shopping. The locals love that it preserves Denver’s history and heritage.”
5. Try the local cuisine
Embark on a culinary adventure and savor the rich flavors of Denver’s local cuisine. From farm-to-table delicacies to iconic Rocky Mountain-inspired dishes, the city’s diverse food scene is a gastronomic delight.
“Charlie Brown’s Bar and Grill is the only place to get Greek and Mexican cuisine under one roof, says Rosalind Smith, Chief Travel and Lifestyle Officer of Superior Cruise and Travel. “Make sure you plan accordingly to catch the live music every night.”
“If you’re in Denver, a restaurant you must visit is Lucile’s Creole Cafe on E Evans in South Denver, ” says wedding photographers Alex and Kelly of In Love & Adventure. “The Shrimp Poy Boy and their cheesy jalapeño grits are a must try. Also make sure you get one of their butter biscuits and pair it with their homemade jams.”
“One of my favorite go to dishes for a while now has been the fried whole snapper at Jamaican Bar & Grille on 709 W 8th,” says Denver native Alex Stokeld of GB Fish & Chips. “Everything is good at this little spot, but the Snapper takes you right back to the Caribbean.”
According to Denver local Julie Sanchez of The Adventures Soap Co., “MacNation Cafe is located about 30 minutes outside Denver in the Indian Hills and is a great stop for some hearty mac and cheese. My favorite is their Colorado Mac and Cheese with homemade pork green chili topped with Mexican Cotija cheese.”
6. Enjoy a hike through the beautiful wilderness
Experience Denver’s breathtaking wilderness on a scenic hike, surrounded by picturesque landscapes, lush forests, and majestic mountains. This outdoor adventure will rejuvenate your senses and leave you with unforgettable memories.
“For nearby hikes that are more enjoyable, and won’t leave you suffering from the altitude or direct sunlight, I would recommend Lair O’ the Bear Park or Apex Park,” shares Denver local and founder of New Treks. “Lair O’ the Bear Park is close to Denver and has a great view. I would recommend taking the Bear Creek Trail to Panorama Point in Apex Park. Apex Park is a more mellow hike in Golden, CO and I would start at the East Trailhead. Take the Magic Mountain to Enchanted Forest route to enjoy the stream and cooling forest, but be aware that hikers are only allowed to travel on odd number calendar days as mountain bikers utilize this trail on even number days.”
7. Schedule an event at the Historic D&F Tower
This iconic landmark offers a charming and historic setting, making it an ideal venue for special occasions and celebrations. From weddings to corporate functions, the D&F Tower’s distinctive charm will undoubtedly leave a lasting impression on your guests.
“Built in 1911, this free standing Clock Tower was once the tallest building west of the Mississippi & was Denver’s first skyscraper,” shares owner of Clock Tower Events Holly Kylberg. “Today the D&F Tower houses lots of unique businesses plus a five floor event venue at the top available for private events.The staff will take care of all the details and set the stage for a truly magical experience, and you’ll have the stunning backdrop of the giant clock faces. If you book this space you will have access to five unique floors for exploring along with two balconies to savor the city and mountain views, and possibly a stellar sunset if timed right.”
8. Plan a brunch in downtown Denver
Plan a delightful brunch in downtown Denver to savor the city’s vast culinary scene. Discover a plethora of charming cafes and restaurants that offer a delectable array of brunch options.
“Onefold has been a staple in Denver for almost a decade, ” says local restaurant owner Mark Nery. “We originally opened with 20 seats but after high demand we expanded to a much larger location downtown. We separate ourselves from other breakfast restaurants with our family inspired scratch made dishes. The must-tries are our breakfast burrito which has a fresh tortilla made to order and house made green chili and the bacon fried rice that was my favorite breakfast dish in our house growing up.”
9. Stay in the infamous room #320 at the Oxford Hotel
Experience a one-of-a-kind stay by booking the infamous room #320 at the Oxford Hotel. This historic room holds intriguing stories and a unique aura that adds an extra layer of allure to your accommodation. Immerse yourself in the hotel’s rich history and enjoy a stay that’s filled with mystery and charm.
Not only is the Oxford one of the classiest and most historic hotels in Denver, but the room is known to provide extra chills for its guests, says Dark Side of Denver Ghost Tours. “Find out who haunts this room and why on one of our tours.”
10. Experience Denver’s microbrewery scene
Microbreweries focus on crafting unique and distinctive beer flavors, often experimenting with various ingredients and brewing techniques. According to Denver Local Lee Olliffe, “you must experience Denver’s amazing microbrewery scene with Denver Brew Tours. Denver Brew Tours offers private party bus tours that are totally customizable, or join a group walking tour. You can learn about and try the many different beer styles that make the Colorado brewing scene one of the best around.”
11. Start your morning with a delicious coffee
According to Denver locals Andrew and Lina, owners of Campo Juice & Kitchen, “We always start our mornings off with coffee, and the best coffee shop in Denver is Lekker coffee at 3460 Larimer. The owners are a mother and daughter team named Kara and Dawn and they are really awesome people. I get the nitro cold brew and my wife gets the latte.”
12. Try the vibrant and diverse food truck scene
Explore Denver’s diverse food truck scene to indulge in a delicious and unique culinary adventure. From savory street tacos to gourmet burgers and global fusion delights, these mobile kitchens offer an array of flavors that cater to every taste.
“Indulge in an extraordinary local culinary experience that sets Denver apart from everywhere else,” states Food Truck Avenue founder David. “At Mac ‘N Noodles Food Truck, we redefine macaroni and cheese by infusing it with our own creative twist utilizing our own homemade secret family cheese sauce recipe. You also don’t want to miss Mile High Cheesesteaks, where we take the classic Philly Cheesesteak and transform it into a local favorite, the Denver Cheesesteak. Other unique flavors include our Korean Philly with Kimchi and Jalapeno Popper Cheesesteak with a homemade cheesewiz and raspberry sauce.”
Denver Bucket List: the bottom line
Denver, Colorado, offers an unforgettable array of experiences that every resident and visitor should add to their bucket list. This city’s charm and uniqueness will leave a lasting impression on you. Get ready to immerse yourself in the mile-high wonderland, checking off each must-do experience and creating cherished memories for a lifetime.