Staying at a beach house with friends can be a lot of fun. Deciding which house to rent via a poorly organized group chat? Not so much.
Using vacation rental platforms like Airbnb and Vrbo for group trips makes sense. In most cases, they’re more affordable than hotels for large groups, according to a 2022 NerdWallet analysis, and they foster group activities like cooking and playing games. So it’s hardly surprising that more than 80% of bookings on Airbnb are for groups, according to data shared by the platform.
Yet these benefits come with trade-offs. There’s the whole shared bathroom issue and the “which-couple-gets-the-much-nicer-bedroom” dilemma. But before check-in, there’s the question of which rental to choose that matches the group’s preferences.
In May, Airbnb added features aimed at making group travel easier to plan, including shared wish lists and group messaging with hosts. These features smooth out some of the logistics of planning a group trip, yet no feature in an app will make herding cats (i.e., your friends and family) easy.
Here are some tips and guidelines to help your group communicate when choosing your next vacation rental.
Set a budget
Determining how much everyone is willing to pay is probably the most fundamental question facing your group. It’s also the one most likely to be skirted. Talking about money can feel uncomfortable or embarrassing, yet failing to do so can lead the group to spend more than everyone is comfortable paying.
Some members of your group might be embarrassed to share their budget, for fear of spoiling the fun or coming across as cheap. So being the first to suggest a low-end budget can actually be a service (and relief) for others.
Zainob Fashola, a travel expert, recently planned a group trip to the Bahamas with friends. Their group quickly landed on a budget.
“We wanted a modern villa close to the beach, at a max of $1,000 per person for five nights, managed by a well-reviewed host or company,” Fashola said in an email.
Determining a budget early can narrow the range of options, smoothing the decision-making process and making sure everyone feels comfortable. Make sure to check “final” prices — not listed prices — when searching for properties, as add-on fees can balloon the final bill.
Assemble your options and take a vote
After you’ve set a budget (and, presumably, a destination), the next step is identifying potential rentals. This is where things can get messy in a hurry. Think group chats with members randomly sharing links. Here are some tips to streamline the process:
Appoint a leader. This doesn’t have to be a formal process. As the one reading this, you’re likely a good candidate.
Create a list. You can use one of Airbnb’s new shared wish lists or create a spreadsheet. Make sure everyone can see and edit the list, wherever it lives.
Keep an eye on location. It can be easy to get lost in the pretty pictures of the rental itself and forget the importance of its location. You might want to decide on a neighborhood ahead of time, to further winnow the options and avoid choosing a rental in the hinterlands.
Double-check the bedroom situation. Many rentals say they can accommodate large groups, but what they really mean is that there are a bunch of air mattresses in the living room. Make sure each option has enough bedrooms for your group.
Some group members will likely have strong preferences, while others couldn’t care less as long as they have a bed. It’s important to get as much of the group’s input as possible, but don’t wait for everybody’s input.
“When we decide on a destination, the more vocal members, usually those familiar with the area, have specific requests regarding neighborhood, views, and house style,” said Fashola.
Once the top choices have been determined, settle it with a vote. This can be as informal as an emoji-based system in a group chat or a secret ballot survey.
“That trip was last minute, so we skipped the Google Sheet, listed four available options in the chat, voted in minutes, and booked the villa immediately,” Fashola explained.
Herd those cats
Group decision-making is always an exercise in patience and communication, and deciding on the perfect vacation rental poses its own challenges. Since it involves money and budgets, it can strike nerves for some or leave others bitter they’re overpaying. And the stakes are high to make sure the rental itself doesn’t get in the way of a successful trip.
Airbnb has launched some features that help with organizing the task itself, yet the real struggle comes from competing personalities, preferences and communication styles.
For Fashola, finding the perfect rental for her Bahamas trip proved relatively easy, but splitting the restaurant bill is still proving trickier. After letting one member choose the restaurant itinerary on a recent trip to Greece, the group was shocked at the final price tag.
“Now, we always check menu prices before trusting her suggestions.”
Having to navigate the reality of a changing family landscape (and possibly helping little ones cope with the ordeal), reenvisioning your life without your significant other, and managing the intense emotions that come with this ground-shifting life change can be immensely challenging.
Add to that the legal aspects — which, let’s be honest, can be quite overwhelming on our best days — and it’s easy to see why many feel lost during this time. That’s why today, we thought we’d provide some helpful resources for people navigating this tough stage.
Of course, we’re no experts, that’s why we reached out to Joe and Cheryl Dillon, professional divorce mediators, and relationship experts at Equitable Mediation, who were kind enough to shed some light on the most pressing issues their clients have during a divorce when it comes to dividing their property.
Please note that the following sections have been written entirely by Joe and Cheryl Dillon, who shared with us the expert advice they give their clients (sans the consultation fee) when they come looking for guidance on splitting the house in a divorce.
Property division insights from a professional divorce mediator
In my experience working with divorcing couples, the family home is often their most significant asset.
As a result, discussions about dividing this property during divorce proceedings can be both intricate and emotionally charged.
For couples grappling with this issue, I’ve compiled answers to the seven questions I’m most frequently asked when guiding clients through negotiations regarding their marital home.
These questions cover the key aspects that typically arise when determining how to handle this valuable asset in a divorce settlement.
Understanding these common concerns can help you navigate this challenging aspect of divorce more effectively. Whether you’re considering selling the home, buying out your spouse, or exploring other options, having clear information about the process can ease some of the stress and uncertainty.
Every divorce situation is unique, and what works for one couple may not be the best solution for another.
However, by addressing these common questions, you can gain a better understanding of the options available and the factors to consider when making decisions about a marital home during divorce.
#1 Who gets to keep the house in a divorce when children are involved?
A common misconception regarding divorce proceedings involving children is that the primary caregiver automatically retains ownership of the family home.
This belief stems from the notion that maintaining a familiar environment for children is paramount. However, this assumption oversimplifies the complex nature of property division in divorce.
While some couples may opt for such an arrangement to minimize disruption to their children’s lives, it is not a mandate or universal practice. Rather, the decision of who keeps the house emerges from a negotiation between a mediator (or each party’s respective legal counsel) and the unique circumstances of the divorcing couple.
#2 Can we sell the house and split the proceeds?
Selling the family home and dividing the proceeds can be a good option for some divorcing couples. However, contrary to popular belief, there’s no requirement to split the money evenly.
In the United States, divorcing couples can negotiate how they’ll share the money from the house sale. This process may result in an agreement where one person might receive a larger portion of the proceeds than the other.
The final division — in my experience — depends on what both parties consider fair, taking into account various aspects of their marriage and individual circumstances.
Factors that might influence this decision include each person’s financial contribution to the home, one party’s need for liquidity to purchase another home, or in exchange for offering the other party a larger share of a different marital asset.
#3 How is the value of a house determined in a divorce?
Figuring out how much a property is worth during a divorce can be a tricky and sometimes tense process.
The method used to value the home can make a big difference and might end up favoring one spouse over the other. Couples often use different ways to figure out their home’s value.
They might hire a professional appraiser to give an expert opinion based on the current market and the home’s features. Sometimes, they ask a real estate agent to look at recent sales of similar homes in the area and estimate the value. Other couples might use websites that give rough estimates of home values, though these aren’t always accurate.
If the house was bought in recent years, they may use that purchase price as a starting point.
The choice of method often depends on what the couple plans to do with the house. For example, if one person wants to keep the house and take over the mortgage by themselves, they usually need a professional appraisal. In these cases, the value from the appraisal is often used to decide how to divide up the couple’s assets.
It’s important to remember that each way of valuing a house has its benefits and drawbacks. The method chosen can have a significant impact on both party’s finances, so it’s something that needs careful thought.
Sometimes, it might be helpful to get advice from experts to make sure the valuation is fair and accurate. The goal is to find a value that both parties can agree on and that helps them divide their property fairly, considering all the unique aspects of their situation.
#4 What if one spouse wants to keep the house but can’t afford the mortgage alone?
When couples divorce and one person has been staying home to raise kids while the other worked outside the home, it can be tough for the stay-at-home parent to keep the house.
If they can’t easily find a job that pays enough, and the support they get from their ex isn’t enough to cover the costs, there are some creative solutions that I’ve seen couples use.
One idea is to rent out part of the house. The stay-at-home parent might rent a spare room or even a section of the house to someone else. This extra money can help pay the mortgage or other house expenses.
Another option is to change how alimony is paid. The working ex-spouse might agree to pay more alimony at the start, then gradually pay less over time. This gives the stay-at-home parent more money right away to help them afford the house until they can get back on their feet financially.
These are just a couple of ways I’ve seen couples solve this problem. There might be other solutions, depending on the couple’s specific situation. What works best really depends on each family’s unique circumstances, and what both people can agree on.
It’s worth noting that every family is different, so what works for one might not work for another. Sometimes, it can be helpful to talk to experts like financial advisors or divorce mediators who can help couples think of more options and find a solution that works for everyone, especially if there are kids involved.
#5 How do we handle the mortgage if only one person’s name is on it?
In divorce proceedings where one party retains the marital home, the process is more straightforward if the resident’s spouse is also the signer on the mortgage. However, complications arise when the individual keeping the house isn’t listed on the mortgage.
In such scenarios, a common arrangement involves the non-resident spouse remaining on the mortgage despite no longer inhabiting the property, while the resident spouse continues to occupy the home.
For this arrangement to be viable, the divorcing couple must reach an agreement on several critical issues, and carefully document them in their divorce agreement.
These may include things like establishing a timeframe for the non-resident spouse to remain on the mortgage, developing a contingency plan to address potential missed mortgage payments by the resident spouse, and setting a firm deadline by which the resident spouse must either refinance the mortgage solely in their name or sell the property.
It is important to recognize that should the resident spouse default on mortgage payments, the credit rating of the mortgage holder — even if they no longer reside in the home — could be negatively affected. This underscores the importance of clearly defined agreements and open communication between the divorcing parties to protect their financial futures.
#6 How does refinancing work in a divorce situation?
Refinancing a house during a divorce is similar to refinancing at any other time.
The main difference is that you might need to buy out your ex-spouse’s share of the house. This often means taking out extra money when refinancing to pay an ex-spouse.
Before you agree to this in your divorce, it’s smart to talk to your bank or a mortgage expert. They can tell you if you can qualify for the amount you need to borrow. This is especially important if you need extra money to pay your ex-spouse for their share of the house.
Pay close attention to what your new monthly mortgage payment will be. Interest rates are much higher now than they were a few years ago. Plus, you might need to borrow extra to pay your ex-spouse. This could make your monthly payment much higher, or too expensive to stay in the house.
It’s better to know this before you start negotiating your divorce. That way, you won’t be disappointed or have to go back and change your plans later. Understanding your financial situation early on can help you make better decisions about the house during your divorce.
#7 Will I have to pay capital gains tax if we sell the house now, or if I sell it later?
Dealing with taxes when selling a house during a divorce can be complicated. The tax rules are always changing, and they’re different for married and single people.
Because of this, it’s a good idea to work with a tax expert, like a CPA (Certified Public Accountant).
To figure out if you’ll owe taxes when you sell your house, you need to know a few things:
First, is the purchase price/cost basis. Second, is how much you spent on big improvements to the house, so if you did any, hopefully you kept the receipts. And third, how much you’re selling it for.
These details help determine if you made a profit (called a capital gain) that you might need to pay taxes on. A tax expert can help you understand these rules and how they apply to your situation. They can also help you find ways to pay less in taxes if possible by reducing your gain.
It’s important to get this advice before you make final decisions about your house in the divorce. That way, you won’t be surprised by a big tax bill later.
Extending our gratitude to Joe and Cheryl Dillon for the above advice
Joe and Cheryl Dillon are divorce mediators and relationship experts at Equitable Mediation. They are a husband and wife team with more than three decades of combined experience helping families avoid the destruction of lawyer-driven litigation.
With an MBA in finance and a past career in finance and contract negotiations, Joe is an expert on the financial aspects of divorce and negotiation among ex-spouses.
Cheryl has a degree in psychology and is a certified life coach. She offers 1-on-1 private divorce coaching for mediation clients and has helped countless men and women throughout the difficult — yet often liberating — journey of divorce.
And we are grateful to both for all the expert advice they shared with us and sincerely hope you might never find yourself in need of it. But if you do, hopefully, Joe and Cheryl have set you on the right path and helped clarify some of the most pressing questions you had about dividing property after a divorce.
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In recent years, the rise of digital lenders like SoFi and Ally has transformed the lending landscape, offering borrowers new options for obtaining loans quickly and conveniently. But what sets these digital lenders apart from traditional banks and credit unions? And how can you navigate the process of shopping for a loan with them?
In this guide, we’ll explore everything you need to know about securing a loan from digital lenders, including the pros and cons, and key differences compared to traditional lenders.
Understanding Digital Lenders
Digital lenders are financial institutions that operate primarily online, offering a variety of loan products including personal loans, student loans, mortgages, and auto loans. Unlike traditional brick-and-mortar banks, digital lenders often boast streamlined application processes, competitive interest rates, and innovative features designed to appeal to tech-savvy consumers.
Shopping for a Loan with Digital Lenders
When shopping for a loan from digital lenders, it’s essential to approach the process with careful consideration and research. Here are the steps to follow:
1. Determine Your Loan Needs
Before you begin comparing loan options, take some time to assess your financial situation and determine your borrowing needs. Consider factors such as the loan amount you require, the purpose of the loan, your credit score, and your preferred repayment terms.
2. Research Lenders and Loan Products
Research digital lenders to compare their loan offerings, interest rates, fees, and eligibility requirements. Pay attention to customer reviews and ratings to gauge the lender’s reputation and customer service quality.
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loan that’s right for you today.
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3. Get Prequalified
Many digital lenders offer prequalification tools that allow you to check your eligibility and estimated loan terms without impacting your credit score. Take advantage of these tools to get a sense of the loan options available to you and compare offers from multiple lenders.
4. Compare Loan Terms
Once you’ve received prequalification offers, carefully compare the loan terms, including interest rates, loan amounts, repayment terms, and any fees associated with the loan. Consider how each offer aligns with your financial goals and choose the option that best meets your needs.
5. Submit Your Application
After selecting a lender and loan product, submit your loan application through the lender’s website or mobile app. Be prepared to provide personal and financial information, including your income, employment history, and identification documents.
6. Review and Accept the Loan Offer
If approved for the loan, carefully review the loan agreement, including the terms and conditions, interest rate, repayment schedule, and any fees or penalties. Once you’re satisfied with the terms, electronically sign the agreement to accept the loan offer.
Pros and Cons of Digital Lenders
At a glance, here are the pros and cons of working with a digital lender.
Pros:
Convenience: Digital lenders allow you to complete the entire loan application process online, from prequalification to funding, without the need to visit a physical branch.
Competitive Rates: Many digital lenders offer competitive interest rates and fees, making them an attractive option for borrowers seeking affordable financing.
Quick Approval: Digital lenders often use automated underwriting processes to expedite loan approvals, allowing borrowers to receive funding quickly, sometimes within a few business days.
Innovative Features: Some digital lenders offer innovative features such as flexible repayment options, financial education resources, and member benefits like career coaching and networking events.
Cons:
Limited Branch Access: Unlike traditional banks, digital lenders typically do not have physical branch locations, which may be a drawback for borrowers who prefer in-person banking services.
Less Personalized Service: Digital lenders may offer less personalized customer service compared to traditional banks, as interactions are primarily conducted online or over the phone.
Eligibility Requirements: Digital lenders may have stricter eligibility requirements or credit criteria than traditional lenders, making it more challenging for some borrowers to qualify for loans.
Key Differences from Traditional Lenders
Digital lenders differ from traditional lenders in several key ways:
Online-Only Operations: Digital lenders operate exclusively online, offering a fully digital loan application and funding process.
Technology-driven Approach: Digital lenders leverage technology and data analytics to streamline loan underwriting, approval, and servicing processes.
Focus on Customer Experience: Digital lenders prioritize delivering a seamless and user-friendly customer experience through intuitive online platforms and responsive customer support.
Innovative Products and Services: Digital lenders often offer innovative loan products and services designed to meet the evolving needs of modern borrowers, such as student loan refinancing, debt consolidation, and personalized financial planning tools.
In conclusion, shopping for a loan from digital lenders like SoFi and Ally offers borrowers a convenient and efficient way to secure financing for various purposes. By following the steps outlined in this guide and carefully weighing the pros and cons, you can find the right loan product and lender to meet your financial needs.
A key aspect of OptifiNow TPO is its integration with 5th Street Capital’s loan origination system (LOS). This integration automates broker account and contact synchronization, providing real-time insights into loan activity and production volume for account executives. “OptifiNow prevents confusion by ensuring that broker accounts are properly assigned to our account executives,” said Russell. “The … [Read more…]
When checking out at a store, you might be prompted to select whether you want the purchase processed as a credit or debit card transaction. Some debit cards with a credit card network logo can be processed as a credit payment, but the reverse — processing a credit card as a debit transaction — isn’t possible.
Still, it can make sense to use credit cards like a debit card. Understanding the difference between a credit card and debit card can help you to make strategic purchasing decisions with your credit card.
Recommended: What is a Charge Card
Can You Use a Credit Card Like a Debit Card?
In terms of being a convenient, cashless payment method, a credit card can be used in-person or online in a similar way as a debit card. Credit cards require you to insert, swipe, or tap the card on a payment processing device to initiate a transaction. If used online, you can enter your credit card information into the payment field at checkout in the same way you would with a debit card payment.
However, there are also significant differences between a credit card and debit card. The most notable distinction is where the funds come from. When you use a credit card, the money is drawn from your card’s available credit line, and you might get charged additional fees and interest on your purchase.
In contrast, a debit card draws the funds you already have in an associated checking or savings account. Also, in certain situations where the final total amount might vary, such as at the gas pump, the processor might request that your card issuer place a temporary hold on your debit card funds to ensure you have enough funds to cover the transaction.
Recommended: How to Avoid Interest On a Credit Card
Reasons You May Want to Use a Credit Card Like a Debit Card
Although credit cards offer numerous advantages when used responsibly, there are valid reasons to prefer using a credit card as a debit card. This may include:
• To avoid overspending. Debit cards, particularly when you’ve opted out of overdraft protection, help you to avoid spending more than you can afford to pay back. With a debit card, you can only use the funds already in your associated account, which is a tactic you could try with a credit card as well.
• To avoid finance charges or extra fees. Debit cards generally incur few charges. Additionally, they do not accrue interest since debit transactions are immediately pulled from your deposit account, in contrast to how credit cards work.
• To amass rewards without debt. The potential to earn credit card rewards is appealing, but “chasing points” can be a risky game if you overspend. The ability to use a credit card like a debit card can help keep your spending in check while earning rewards.
Recommended: Tips for Using a Credit Card Responsibly
Tips for Using a Credit Card as a Debit Card
You can’t technically process a credit card payment as a debit card purchase. But if your purchasing strategy is to use a credit card as your go-to payment method instead of a debit card, remember the following tips and credit card rules:
• Don’t spend more than you can afford.
• Do pay your monthly credit card statement in full.
• Don’t pay your credit card bill late or skip a payment.
• Do explore credit card rewards programs to earn incentives on purchases you already make.
• Don’t forget to review annual percentage rates (APR) and fees associated with your card.
• Do use a credit card for online payments for greater fraud protection.
Recommended: When Are Credit Card Payments Due
Pros and Cons of Using a Credit Card Like a Debit Card
The benefits of credit cards in comparison to debit cards vary since they’re two distinct banking products. However, each payment option has its own pros and cons.
Pros
Cons
Credit Card
• Offers greater purchasing power
• Can buy items now and pay for them later
• Helps build your credit
• Potentially zero liability for unauthorized charges
• Can accumulate burdensome debt
• Late and missed payments adversely affect your credit score
• Can incur interest charges and fees
Debit Card
• Avoids debt by using cash you already have
• No additional interest charges on purchases
• Can request cash back at checkout
• Buying power is limited to the funds you have
• Insufficient funds may lead to overdraft fees
• Doesn’t help build credit
• Fewer protections with fraudulent charges
Recommended: Does Applying For a Credit Card Hurt Your Credit Score
Alternatives to Using a Credit Card Like a Debit Card
If you’re averse to using a credit card in a traditional sense, there are a few alternatives payment options that are akin to a debit-style transaction:
• Prepaid credit card. A prepaid credit card gets loaded with funds which then become your card’s available credit line. It gives you the convenience of a credit card but taps into cash you already have, which is similar to a debit card. Note that prepaid cards often incur fees for various types of activity.
• Cash-back rewards debit cards. If you want the perks of a credit card, like cash-back incentives, but in the form of a debit card, a cash-back debit card might be an option. These limit you to spending the funds you already have on deposit, but let you earn cash back when you use the card.
The Takeaway
Using a credit card like a debit card ultimately boils down to only spending on your card with funds you already have. Since a credit card is essentially a loan, it’s easy to accumulate overwhelming debt, plus interest charges, if you’re overspending. If you can comfortably afford to repay your credit card transactions in full each month, using your credit card in lieu of a debit card can provide access to valuable benefits, like earning rewards, enhancing fraud protection, and possibly building your credit.
Whether you’re looking to build credit, apply for a new credit card, or save money with the cards you have, it’s important to understand the options that are best for you. Learn more about credit cards by exploring this credit card guide.
FAQ
Can I transfer money from my credit card to my bank account?
No, you can’t transfer money from your credit card to your bank account. A bank account is a deposit vehicle for your available cash; this cash can be accessed using a debit card. Conversely, a credit card is a financial tool that lets you access a credit line that you need to repay.
Can I use my credit card like a debit card at an ATM?
Yes, you can use your credit card like a debit card to get a cash advance at an ATM. Be warned that this is a costly option. Credit card cash advances typically have a different limit compared to your purchase limit, and they usually charge a higher APR with no grace period. Plus, you’ll owe a cash advance fee.
Can I use a credit card as a debit card with no interest?
Possibly. You might be able to use a credit card like a debit card for everyday transactions without incurring interest, if you pay every billing statement in full each month. Rolling over a balance month after month, however, will cause you to incur interest charges.
Is it better to use a debit or credit card?
Whether using a debit or credit card is a better option depends on the types of purchases you’re making and your borrowing habits. For example, credit cards are generally safer when shopping online, but buying on credit can get out of control quickly if you’re not careful.
Photo credit: iStock/filadendron
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
Moving to New Hampshire provides residents with picturesque landscapes, charming small towns, and lively cities. The state is known for its four distinct seasons, outdoor recreational opportunities, and a strong sense of community. Whether you’re browsing homes for sale in Concord, considering renting in Manchester, or exploring houses for rent in Nashua, here’s what you need to know before moving to New Hampshire.
New Hampshire at a glance
From the stunning White Mountains to the serene lakes and coastline, the state caters to those who love nature and city life. The largest cities in New Hampshire—Manchester, Nashua, and Concord—are hubs of cultural activities. Manchester, the largest city, is a thriving center for business and culture, while Nashua offers suburban charm and urban convenience. Concord, the state capital, is rich in history and provides a welcoming community atmosphere.
New Hampshire’s economy thrives on sectors such as technology, healthcare, education, and manufacturing, with major companies like BAE Systems, Dartmouth-Hitchcock, and Fidelity Investments headquartered here. The state’s cultural scene is diverse, featuring world-class museums, annual events like the New Hampshire Film Festival, and a culinary landscape that celebrates farm-to-table dining and fresh seafood. Educational excellence is anchored by institutions like the University of New Hampshire and Dartmouth College. Affordable living options can be found in towns like Hudson, and Derry, making New Hampshire an enticing choice for those seeking quality of life.
1. There’s no sales tax here
New Hampshire is one of the few states in the U.S. that does not impose a sales tax on goods and services, making shopping more affordable. This tax advantage attracts shoppers from neighboring states and extends to a wide range of purchases, from everyday items to big-ticket goods. Additionally, the lack of sales tax contributes to the overall lower cost of living and can be particularly beneficial for large purchases such as vehicles and home appliances. This financial perk enhances the state’s appeal by allowing residents and visitors to save money on both routine and significant expenses.
2. New Hampshire has many charming small-towns
The state is dotted with picturesque small towns that exude New England charm. Places like Hanover, home to Dartmouth College, offer quaint downtown areas with boutique shops, cafes, and historic architecture. Portsmouth, with its waterfront location, has a rich maritime history and vibrant arts scene. Each town has its unique character and attractions, making New Hampshire a delightful place to explore and live.
3. Get ready to experience the autumn foliage
New Hampshire is renowned for its spectacular autumn foliage, drawing visitors from all over to witness the vibrant colors. The Kancamagus Highway, which runs through the White Mountains, is one of the most famous scenic drives for fall foliage. Additionally, Towns like Conway and Lincoln become hotspots for leaf-peeping, with numerous hiking trails and scenic overlooks providing breathtaking views of the red, orange, and yellow hues.
Travel tip: Visit early in the season, as peak foliage can vary year to year. Also, consider starting your drive early in the morning or late afternoon to avoid crowds and get the best light.
4. New hampshire has beautiful coastlines
New Hampshire’s coastline, though relatively short at just 18 miles, offers stunning seaside scenery and charming coastal communities. Hampton Beach is a notable destination with its sandy shores, bustling boardwalk, and vibrant summer events that attract visitors and locals. In addition to Hampton Beach, the town of Rye offers a more serene coastal experience with its scenic Rye Harbor and nearby Odiorne Point State Park. This area provides beautiful rocky shorelines, tidal pools, and walking trails with expansive views of the Atlantic Ocean. The park’s natural beauty and peaceful atmosphere make it a great spot for coastal exploration and relaxation.
New Hampshire has top-rated educational institutions, from esteemed private schools to renowned universities. Dartmouth College in Hanover is an Ivy League institution known for its rigorous academics and beautiful campus. The University of New Hampshire, located in Durham, offers a wide range of undergraduate and graduate programs. These educational opportunities contribute to the state’s reputation for high-quality education.
6. The breweries and wineries are thriving here
New Hampshire’s craft beverage scene is thriving, with a growing number of breweries and wineries showcasing local flavors and innovations. The state is home to renowned breweries like Redhook Ale Brewery in Portsmouth, known for its diverse beer offerings and vibrant beer garden, and The Portsmouth Brewery, which has been a staple in the craft beer community since 1991. In the wine sector, LaBelle Winery in Amherst produces a variety of high-quality wines, from crisp whites to robust reds, and offers guided tours and tastings that highlight their commitment to local ingredients.
Insider scoop: Visit during seasonal events like Oktoberfest or harvest festivals, where you can sample limited-edition brews and wines while enjoying local festivities and live music.
7. There are four distinct seasons
Residents of New Hampshire experience four distinct seasons, each bringing its own beauty and activities. Winters, with temperatures often dropping below freezing, are perfect for skiing and snowboarding in places like North Conway and Bretton Woods. Spring sees temperatures warming to the 50s and 60s, bringing blooming flowers and fresh greenery, ideal for hiking and outdoor adventures. Summers, with temperatures ranging from the 70s to 80s, are warm and great for lakeside activities in the Lakes Region. Autumn, with temperatures cooling to the 50s and 60s, features stunning foliage, making every season special and enjoyable.
8. The activities on the White Mountains are endless
The White Mountains in New Hampshire offer a virtually endless array of activities year-round, attracting outdoor adventurers and nature lovers. In the summer, visitors can enjoy hiking trails such as the challenging Mount Washington and the scenic Franconia Ridge Loop, which offer stunning views and diverse terrain. Winter transforms the region into a haven for snow sports, with ski resorts like Bretton Woods and Cannon Mountain providing excellent opportunities for skiing, snowboarding, and snowshoeing.
Travel tip: Be sure to check weather conditions and trail statuses before heading out, as conditions in the mountains can change rapidly. Consider investing in a trail map or guidebook, and if you’re visiting in winter, make sure to bring appropriate gear and check avalanche forecasts for safety.
9. The cost of living varies throughout the state
The cost of living in New Hampshire varies significantly across the state, reflecting differences in housing markets, local economies, and amenities. In cities like Nashua, the median home sale price is $475,000, which is higher than the national median of $442,479. Conversely, in smaller towns such as Keene, median home prices can be around $315,000, offering more affordable housing options. Rental rates also show variation, with average monthly rents for a one-bedroom apartment in Manchester is $1,837, while in smaller towns like Concord, rents can drop to about $1,405. Rural areas and smaller communities generally present more budget-friendly options, making them appealing for those seeking lower living costs.
If you’re planning on moving to New Hampshire, you’ll want to consider the pros and cons of living in the Granite State to learn more about what life is like.
10. The state is close to major cities
Living in New Hampshire provides easy access to several major cities in surrounding states. Boston, MA, is just an hour’s drive from the southern parts of the state, offering urban amenities and job opportunities. The city of Portland, ME, is also within a short driving distance, known for its vibrant arts scene and coastal attractions. This proximity allows residents to enjoy the tranquility of New Hampshire while benefiting from the resources and opportunities of nearby metropolitan areas.
Methodology
Population data sourced from the United States Census Bureau, while median home sale prices, average monthly rent, and data on affordable and largest cities are sourced from Redfin.
With the Rocky Mountains as your playground, outdoor activities are a significant part of life here. Hiking, biking, and rock climbing are popular, with iconic spots like Garden of the Gods and Pikes Peak offering breathtaking experiences. Whether you’re a seasoned adventurer or a casual explorer, the outdoor lifestyle is hard to resist.
2. The cost of living is reasonable
Compared to other Colorado cities like Denver, Colorado Springs offers a more affordable cost of living. Housing prices are relatively lower, and there’s no state sales tax on groceries. However, property taxes and utility costs can be higher, so budgeting accordingly is essential.
3. A robust job market
The job market in Colorado Springs is robust, with opportunities in various sectors such as defense, technology, and healthcare. Companies like Lockheed Martin, Progressive Insurance, and UCHealth are some of the top employers. The city’s unemployment rate is lower than the national average, making it an attractive place for job seekers.
4. The weather is unpredictable
Colorado Springs experiences all four seasons, sometimes in a single day. Known for its microclimates, you can expect sunny mornings, afternoon thunderstorms, and chilly evenings. Be prepared for sudden weather changes and always carry layers. The city gets over 300 days of sunshine annually, but snow can fall as late as May and as early as October.
5. The Military presence is strong
Home to several military installations, including the United States Air Force Academy, Fort Carson, and Peterson Space Force Base, Colorado Springs has a significant military presence. This influence is seen in the local economy, culture, and community events.
6. The art and culture scene is thriving
The art and culture scene in Colorado Springs is thriving, with numerous galleries, theaters, and music venues. The Colorado Springs Fine Arts Center at Colorado College and the Pikes Peak Center for the Performing Arts are notable cultural hubs. The city hosts events like the Colorado Springs Labor Day Lift Off and First Friday Art Walks.
7. Educational opportunities abound
Colorado Springs is home to several higher education institutions, including the University of Colorado Colorado Springs (UCCS) and Colorado College. The city also has excellent public and private schools, making it a great place for anyone seeking quality education.
8. Charming neighborhoods to choose from
The city offers a variety of neighborhoods, each with its unique charm. Old Colorado City is known for its historic buildings and quaint shops, while Briargate offers suburban amenities and top-rated schools. Downtown Colorado Springs provides an urban vibe with plenty of dining and entertainment options.
9. A culture of fitness and wellness
The city’s fitness culture is strong, with numerous gyms, yoga studios, and wellness centers. The high altitude encourages a healthy lifestyle, and many residents take advantage of the extensive trail system for running and cycling. The annual Pikes Peak Marathon is a testament to the city’s dedication to fitness.
10. Local brews of the coffee and beer variety
Colorado Springs has a burgeoning craft beer and coffee scene. Breweries like Phantom Canyon Brewing Co. and Bristol Brewing Company are popular spots, while coffee enthusiasts enjoy Switchback Coffee Roasters and Loyal Coffee. The city’s commitment to local businesses is evident in these thriving establishments.
11. Festivals and community events
The city hosts numerous festivals and community events throughout the year. Territory Days, the Pikes Peak International Hill Climb, and the Colorado Springs Labor Day Lift Off are just a few examples. These events foster a strong sense of community and provide plenty of entertainment options.
12. Proximity to Denver
Just an hour’s drive from Denver, Colorado Springs residents can easily access the amenities of a larger city. This proximity allows for convenient day trips to enjoy Denver’s shopping, dining, and cultural attractions without the hassle of living in a big city.
13. Top notch healthcare
The city boasts excellent healthcare facilities, including UCHealth Memorial Hospital and Penrose-St. Francis Health Services. Access to quality healthcare is a significant advantage for residents, with many specialized services and medical professionals available.
Update 6/14/24: This offer is now available via public link. The public version gets 70k directly and does not need the authorized-user card added. (ht dealdad)
The Offer
No direct link to offer, available via referral. Find & share your referrals in this linked post.
Sign up for the AAdvantage Aviator Red World Elite MasterCard and receive a signup bonus of 60,000 AAdvantage miles after you make your first purchase in the first 90 days and pay the $99 annual fee and an additional 10,000 points after you add an authorized user and make a purchase within the first 90 days
Card Details
No foreign transaction fee
Annual fee of $99 is not waived the first year
First checked bag free, for the primary cardmember and up to 4 companions on eligible bags when traveling on domestic itineraries operated by American Airlines
Group 5 boarding, for the primary cardmember on domestic itineraries operated by American Airlines
25% inflight savings on food, beverages, and headsets on American Airlines-operated flights
Earn 2x miles on all eligible American Airlines purchases
Earn 1x points on all other purchases
Our Verdict
Not as good as the 75,000 point bonus. The upside is this is available via referral so if you can refer a friend/family member and effectively split the referral miles then this offer is actually better. You can see how being added as an AU affects your credit by reading this post. We will add this to the best credit card bonuses, but keep in mind if you’re not using a referral from somebody you know it’s probably better to wait for the 75k bonus to return. This is also the best offer on a card with no minimum spend. Read through these things you should know about Barclays credit cards before asking any basic questions in the comments.
In response to a poaching lawsuit filed two months by Home Mortgage Alliance Corp. (HMAC), wholesale lender OCMBC Inc. hasdenied the allegations while countersuing HMAC and its co-founder, Alfred Hanna, on behalf of an employee, Michael Turturro, and his corporation, Jet Alliance.
The OCMBC counterclaim brings eight counts, including defamation, breach of contract, fraud and unfair business practices. Alan Lindeke, counsel for HMAC, told HousingWire that the counterclaim is a “resort to a tried-and-true defense strategy attempting to deflect and distract from Turturro, OCMBC, Inc. dba Jet Advantage Mortgage, and Jet Alliance’s wrongful conduct with blatant misdirection.”
In late May, direct lenderHMAC accused OCMBC of allegedly poaching Turturro and several key staffers while aiming to capitalize on its dba, Jet Mortgage, according to a lawsuit filed in California’s Orange County Superior Court. The document adds that Turturro joined HMAC in late 2022, becoming a “high-ranking employee” and divisional president for Jet Mortgage.
The HMAC lawsuit alleges that Turturro, restricted from using confidential company information for his benefit, directed $800,000 to a marketing agency to develop the Jet Mortgage brand. But in May 2024, he resigned from HMAC “without prior notice,” the complaint stated.
According to the OCMBC countersuit, Turturro left after discovering that the Federal Housing Finance Agency (FHFA) barred Hanna in 2017 regarding “prior misconduct” related to his position as CEO of Affiliated Funding Corp., dba In-House Lender.
The counterclaim states that, despite the FHFA order, “Hanna co-founded HMAC in 2013,” a company that “engages in business relationships with regulated entities,” such as Fannie Mae, Freddie Mac and warehouse lenders. Per the court documents, Hanna had a duty to disclose these prior actions to Turturro before recruiting him, which did not happen.
According to the counterclaim, Turturro created Jet Alliance in October 2022 before witnessing Hanna’s and HMAC’s allegedly unfair business practices. These include a failure to properly and timely compensate vendors and employees, who were allegedly required to deposit their own funds as a reserve for potential loan losses but never recovered this money.
Turturro also said that HMAC allegedly received Paycheck Protection Program (PPP) loans to pay employees but instead used the funds to remodel its business offices.
The OCMBC countersuit states that due to this conduct and Hanna’s restriction by the FHFA, Turturro decided to resign in April 2024, bringing clients and account executives with him to OCMBC.
OCMBC and Turturro claim that HMAC has engaged in a campaign to “publicly defame and slander the reputation of Turturro and Jet Alliance.” This campaign allegedly included sending an email to 20,000 recipients with a link to the poaching lawsuit. They also accuse HMAC of reaching out to current and former colleagues of Turturro, falsely telling them he had engaged in misconduct against borrowers and brokers.
In response, HMAC counsel Lindeke said that “this case is about the open and deliberate appropriation of Jet Mortgage’s name, likeness, employees, clientele, trade secrets, and intellectual property” and that plaintiffs “remain steadfast in their commitment and look forward to their day in Court to see Defendants pay for their egregious self-dealing and wrongful conduct.”
“Finally, HMAC dba Jet Mortgage is a licensed mortgage company in good standing in 47 states and the District of Columbia, is an approved direct seller/servicer to Fannie Mae and Freddie Mac and approved as a seller to FHA and VA,” Lindeke said.
OCMBC requests injunctive and declaratory relief, restitution and compensatory damages, among other things.
Are you feeling overwhelmed by debt and looking for simple ways to tackle it? You’re not alone. Many people struggle with finding effective methods to pay off their debt.
Luckily, there are plenty of easy strategies that can help you get out of debt faster. In this post, you’ll discover 12 surprisingly easy ideas that can make a big difference. From small changes in your daily habits to smart financial moves, these tips will help you take control of your finances and work towards a debt-free future. Let’s dive in and explore how you can start paying off your debt today.
1. Don’t Spend Money or Open Your Wallet
Avoid impulse purchases by keeping your wallet closed. This is a simple way to save money and focus on paying off debt. The less you spend, the less debt you have.
2. Skip Eating Out
Eating at home can save a lot of money. Preparing meals at home helps cut down on expenses, helping you pay off debt faster. You just have to plan a little ahead
To learn more: 100+ Frugal Meals for When You’re Broke or on a Budget
3. Stop Extra Subscriptions You Don’t Use
Go through your bank and credit card statements to see your auto pay charges. Cancel subscriptions you rarely use. This will free up extra cash to put toward your debt.
4. Wait for That Vacation
Postpone big trips until you’re debt-free. This allows you to save money now and enjoy vacations more once you’re debt-free. As I always said, say no until you can say yes.
Learn More: 7 Simplistic Habits Needed for Debt Free Living
5. Say No to Pricey Kid’s Activities
Opt for low-cost or free activities for kids. This saves money and teaches kids to enjoy simpler, less expensive fun. Plus you are modeling strong money management habits for your kids.
6. Start Cutting Your Own Hair
Save money by cutting your hair at home. (Shh! This is something I have done for 14 years now.) This reduces the need for salon visits and helps you put more money toward debt.
7. Get Off Social Media
Reducing social media use can cut down on spending triggered by ads and comparison shopping. This helps you save money and focus on debt repayment.
8. Find Free Entertainment
Look for free ways to have fun first. Libraries, parks, and community events can provide entertainment without costing a dime.
To learn more: 105 Fun Things To Do With No Money
9. Pass on the Daily Coffee Habit
Skip buying daily coffee from cafes. Making coffee at home saves money, which can be used to pay off debt. Some may even save over $2000 in a year.
10. Minimize Waste
Use what you have and reduce waste. This helps stretch your budget and puts more money toward paying off debt. You may be surprised the number of ways you can turn frugal green!
To learn more: How to Be Frugal Green: 91+ Tips to Save Money and Environment
11. Participate in No Spend Year
Commit to a no-spend year where you buy only essentials. This extreme saving method can help you get out of debt much faster.
To learn more: No Spend Challenge: The #1 Fastest Way To Save Money
Be Smart to Pay Off Debt Faster
Paying off debt faster requires smart choices and discipline. Every little bit helps, and with these tips, you’ll be on your way to financial freedom sooner than you think. Stay focused, stay frugal, and watch your debt decrease.
To learn more: 7 Things to Give UP to Pay Off Debt Faster
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