Picture this: you’re immersed in a world of pixels and virtual adventures, surrounded by the perfect blend of comfort and cutting-edge tech.
Creating the ultimate gaming space at home isn’t just about slapping a console on a coffee table; it’s about curating an experience, one that matches your passion and helps you level up your game, pun intended.
With the right setup and ambiance, you can transform any ordinary space into a gamer’s paradise. Whether you’re a casual gamer or a hardcore enthusiast, having your own gaming room — or even just a corner of the house dedicated to your hobby — can make your gaming sessions infinitely more fun.
If you’re looking to take your gaming experience to the next level, here are some easy home decorating tips for you to transform a corner of your home into the perfect gaming haven.
Choosing the right room for your gaming setup
When it comes to choosing the right spot for your gaming setup, there are a few factors to consider. First, assess the available space in your home. Write down all possible locations you have to work with, then evaluate them based on some crucial criteria.
Ideally, you want a room that is spacious enough to accommodate all your gaming equipment and accessories. It should also have good ventilation and lighting to create a comfortable gaming environment.
Next, consider the location of the room within your home.
If possible, choose a room or space that is away from high-traffic areas to minimize distractions. You don’t want people walking in and out of the room while you’re in the middle of an intense gaming session.
Additionally, consider the proximity to power outlets and internet connections to ensure easy setup and connectivity.
Lastly, think about the noise level in the room. Gaming can sometimes get loud (and even foul-mouthed), especially during intense moments or multiplayer sessions. If you live with others, you may want to choose a room that is away from bedrooms or common areas to avoid disturbing others.
And if you think your options are severely limited, take inspiration from other gamers who have found a way to fit their gaming setup into small spaces. Some have even turned their closets into dedicated gaming nooks.
Setting up your gaming PC or console
To create an epic gaming room, you’ll need the right equipment and accessories, of course. But those vary wildly from one person to the next.
Let’s start with the basics -– a high-quality gaming PC or console. Depending on your budget and preference, choose a system that can handle the latest games and provide smooth gameplay.
Next, consider your display setup. A large, high-resolution monitor or TV is essential for an immersive gaming experience.
Look for a display with a high refresh rate and low input lag for smooth and responsive gameplay. Consider mounting your display on a wall or using an adjustable monitor arm for optimal positioning.
Have some older computer screens collecting dust in the basement? Bring them up and use them to line your walls — they could be an excellent display for your Esports games that you can run in the background and cheer for your favorite team while playing your own game on a separate screen.
In addition to the essentials, there are a few accessories that can enhance your gaming experience. A gaming headset with surround sound capabilities allows you to fully immerse yourself in the game’s audio.
Gaming keyboards and mice with customizable RGB lighting not only add a touch of style to your setup but also provide additional functionality and customization options.
Comfort is key: You’ll need the right gaming chair
Can’t forget about the throne — the gaming chair.
Time to say goodbye to the stiff office chair; a proper gaming chair is an investment in your gaming endurance. Look for ergonomic designs that support your posture during extended sessions. Some even come with built-in speakers for that surround-sound feel.
The gamer in my household is a Secretlab fanatic, but there are countless gaming chair brands to choose from. From Corsair to Kaiser, NeueChair, or ThunderX3, and significantly more affordable dupes that you can get in big stores, there’s no shortage of options.
And while comfort is key when picking your gaming chair, you have to keep in mind that the chair’s design — and overall color scheme — will set the tone for your gaming space decor, so make sure to factor that in when making your purchase.
You might think the color scheme is just a small detail, but to achieve that cohesive look, paying attention to the colors used throughout is crucial. Especially since gaming chairs tend to have bright, colorful designs that may not work well with other decor elements — if you pick them before finding the right chair.
Mood lighting: Set the ambiance
The next step would be to transform your space from a boring corner into a playful battle scene with smart lighting.
You’ll want to have the option to dim the lights for a horror game, bathe the room in ethereal blue for a sci-fi adventure, or go full RGB disco mode — just because you can.
Smart lighting not only sets the mood but also minimizes eye strain during those marathon gaming sessions.
To take things one step further, consider installing some ambient LED strips or smart lighting systems to add a touch of ambiance to your gaming room. And it’d be silly not to.
LED light strips are the most affordable way to add a wow factor to your gaming room setup. You can always find them on sale, and even paying full price is a minor expense — with a big payoff.
With customizable colors and effects, you can create a lighting setup that matches the mood of your game and enhances the overall gaming experience.
Personalizing your gaming space with decor and themes
Make your gaming room truly yours by personalizing it with decor and themes that reflect your gaming style and preferences.
Consider creating a feature wall with gaming-themed wallpaper or artwork. Display your favorite gaming posters, figurines, or collector’s editions on shelves or wall-mounted display cases.
Incorporate your favorite gaming franchises or genres into the overall theme of your room. Whether it’s a futuristic sci-fi theme or a retro arcade-inspired design, let your creativity shine through. Add touches of color and personality with gaming-themed pillows, rugs, or curtains.
Are you into World of Warcraft? Throw in a metal Lich King poster on the wall or proudly display your Frostmourne Sword replica. More of a League of Legends fan? Or maybe Overwatch? Showcase your action figures prominently, this is the perfect space for them.
Incorporate other connected passions to personalize the space even more. Think race cars, LEGO collections, trophies, etc. Bring your other hobbies (photography, cinema, anime, you name it) into your fun space — I promise they’ll go nicely, even if they have nothing to do with gaming, and will only make the space more welcoming for you.
Many hardcore gamers take things a step further and even add old-school arcade games like Donkey Kong, Space Invaders, Pac-Man, or Street Fighter II. Others turn their gaming room into the real-life equivalent of a feature-laden online casino, with slot machines and a poker table. Whatever your other fun interests might be, they can find a place here.
Additionally, consider adding a gaming-inspired desk setup with RGB lighting, custom keycaps, or a gaming mousepad. These small details can make a big difference in creating a visually appealing and engaging gaming space.
Organizing cables and managing clutter
A cluttered and messy gaming room can hinder your gaming experience and make it difficult to maintain and upgrade your setup. Take the time to organize your cables and manage clutter effectively.
Start by using cable management solutions such as cable clips, cable sleeves, or cable trays to keep your cables neatly organized and out of sight. Label your cables or use color-coded cable ties to easily identify and manage them.
Invest in storage solutions such as shelves, cabinets, or storage boxes to keep your gaming accessories, controllers, and games organized. Use cable management solutions or Velcro straps to secure your controllers and prevent them from getting tangled.
Regularly clean and dust your gaming room to ensure optimal performance and longevity of your gaming equipment. A clean and well-maintained gaming room not only looks better but also provides a more enjoyable gaming experience.
Creating an epic gaming room at home is a surefire way to level up your gaming experience. By choosing the right room, investing in essential gaming equipment, optimizing lighting and sound, prioritizing ergonomics and comfort, personalizing your space, and managing clutter, you can transform any ordinary room into a gaming paradise.
Remember to consider your own preferences and gaming style when designing your gaming room. Let your creativity shine through and make it a space that reflects your passion for gaming. With the right setup and ambiance, your gaming room will become the envy of all your friends.
So, power up your space and embark on a gaming adventure like never before. Your epic gaming room awaits!
*Featured image credit: ELLA DON on Unsplash
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Inside: Escape the cycle of being broke with insightful tactics. Learn to invest, save smartly, spot financial traps, and build secure money habits today.
You are desperate right now. You want to know why I am broke.
I get it. This is a situation I have been in before and just recently when I lost my main source of income.
The feelings of you can’t afford anything may send you down a steep spiral of depression.
So, how do we escape?
Here are the tips I used before and plan to use again.
Top Reasons for Why I am Broke
#1 – The Mindset Traps That Keep You Broke
A mindset that cultivates a sense of scarcity rather than abundance can be a massive roadblock to financial prosperity. When you’re shackled by thoughts like “I am always broke,” you unwittingly set the stage for a self-fulfilling prophecy.
The mental narrative that convinces you wealth is unattainable can keep you trapped in a loop of missed opportunities and poor financial decisions.
You may inadvertently sabotage your potential to earn more, save, or invest wisely by clinging to a defeatist paradigm.
Fixing a broken mindset is about shifting from a state of helplessness to one of deliberate, empowering action.
It starts with self-awareness and is further built through intentional positive affirmations and financial education.
Overcome By: Remember, the mind is powerful—it can be your greatest ally or your most formidable adversary. Change your money mindset.
#2 – Living Beyond Your Means: A Fast Track to Empty Pockets
Living beyond your means is akin to constantly filling a sieve with water, hoping it will someday retain more than it loses—a surefire way to financial drought. It’s a lifestyle where your outflow far exceeds your inflow, and every paycheck evaporates into the ether of consumerism.
With the advent of credit cards and buy-now-pay-later schemes, the temptation to spend money we don’t have has never been greater.
The façade of affluence conceals the grim reality of financial instability.
Acknowledging this trap is step one. Living within one’s means doesn’t imply sacrificing joy or reverting to asceticism; it’s about striking a harmonious balance between the lifestyle you desire and the one you can sensibly afford.
Overcome By: Making choices aligned with your financial reality, finding contentment in simplicity, and prioritizing financial health over transient pleasures.
#3 – Chronic Debt: Borrowing from Tomorrow for Today
Chronic debt is a pervasive issue, ensnaring individuals in a vicious cycle of borrowing today and worrying about repayment tomorrow. This pattern often stems from an urgency to fulfill immediate desires or needs without adequate financial resources.
Alarmingly, the trend of increasing consumer debt signals a culture obsessed with instant gratification as consumer debt is $16.84 trillion in Q2 2023, according to Experian. 1
Being in debt should not be normal.
The onus of breaking free from chronic debt lies in reevaluating your relationship with money. It means slowing down the urge to splurge, meticulously planning for future financial obligations, and carving a path towards debt repayment.
Overcome By: Find the discipline to not only stop accumulating debt but also to aggressively tackle existing debts through methods like debt snowball or debt avalanche strategies.
#4 – You Haven’t Learned to Plan and Budget for a Brighter Tomorrow
The lack of a strategic financial plan and a detailed budget is tantamount to navigating unknown terrain without a map. Without these critical tools, your finances are left to chance rather than choice, leaving you vulnerable to the whims of circumstance.
Budgeting is perhaps the most fundamental step toward taking ownership of your financial future. It gives you a clear snapshot of where your money is going, which is essential for making informed spending decisions.
However, many avoid the budgeting process, perceiving it as restrictive or complex. The truth is that budgeting liberates you from the anxiety that comes with uncertainty. It empowers you to align your spending with your financial goals and to find a balance between today’s necessities and tomorrow’s aspirations.
Overcome By: Choose a budgeting method whether it be the zero-based budget, the 50/30/20 rule, or the envelope system, the key is to find a method that resonates with your lifestyle and stick to it.
#5 – No Emergency Fund to Weather Financial Storms
An emergency fund is an essential bulwark against the financial tempests life invariably hurls your way. Without it, a single unforeseen event—a job loss, a medical emergency, or an urgent car repair—can capsize an already precarious financial ship. The lack of an emergency cushion extends an open invitation to debt and financial strain.
The data tells a stark tale:
A statement from the Consumer Financial Protection Bureau highlights that nearly a quarter of consumers (24%) don’t have an emergency savings account. 2
Additionally, 39% have less than a month’s worth of income saved for emergencies, setting the stage for potential financial disaster. 2
This precarious situation has become more pronounced with the increasing cost of living and high inflation rates witnessed in 2021-2023.
Overcome By: Structured, automatic savings transfers to facilitate the gradual growth of your emergency fund without it feeling like a financial blow. The goal is to build a reservoir robust enough to cover several months of living expenses, providing a comfortable buffer that can help you bounce back from setbacks without the need to borrow money at high-interest rates or liquidate precious assets at inopportune times.
#6 – Lack of Understanding of The Power of Investing
Understanding the power of investing is key to grasping the potential of a seed. A seed, given the right conditions, can grow into a flourishing tree. Similarly, investing allows your finances to grow beyond the confines of stagnant savings.
Yet, many people fail to harness this power due to a lack of understanding or fear of the unknown. This was me for many years until I decided to learn to trade stocks.
A common misconception surrounding investing is that it’s solely the playground for the rich or financially savvy. This myth steers many away from multiplying their wealth via investments, leaving them to rely solely on their primary source of income. Moreover, a lack of understanding often leads to panic during market volatility, resulting in ill-timed decisions to buy high and sell low—contrary to sound investment strategies.
Overcome By: Invest money consistently into a low-cost mutual fund or ETF that tracks the overall S&P. Then, continue your investing education on how to invest in stocks.
#7 – Wasteful Spending Habits
Wasteful spending habits are the quiet thieves of financial security. They nibble away at your earnings, leaving you wondering where your money has gone at the end of each month. This pattern often goes unnoticed, as it’s usually composed of small, seemingly insignificant purchases that accumulate over time.
The danger of wasteful spending is its subtlety.
It’s the daily coffee on the way to work, the meal out because cooking feels like too much of an effort, or the impulse buys during the sale season.
Individually, these do not seem like considerable expenses, but together, they can consume a substantial portion of your budget.
To curtail this financial leak begins with recognizing and acknowledging these habits. Tracking every penny spent can be an eye-opening experience, illustrating just how quickly the ‘little things’ can add up. With this awareness, one can then consciously decide where to cut back.
Overcome By: Adopting a minimalist approach, where value and purpose become the benchmarks for every expense, can help combat wasteful spending. Questions like, “Do I really need this?” or “Will this purchase add value to my life?” can serve as useful filters. Take up a no spend challenge to see your mindless consumption.
#8 – Fail to Recognize the Patterns That Lead to a Near-Empty Wallet
Failing to recognize the patterns that deplete your wallet is akin to ignoring the signs of a leaking roof until it caves in—it’s a disaster in the making. Often, it isn’t one significant financial blunder, but rather a series of small, recurring missteps that lead to the near-empty wallet syndrome.
For instance, routinely underestimating monthly expenses can lead to a perpetual state of surprise when the bills pile up.
Similarly, neglecting to keep tabs on bank account balances may result in overdraft fees that, over time, take a sizable bite out of your funds.
Disregarding the accumulative effects of late payment charges or routinely paying only the minimum on credit card balances can exacerbate financial distress.
Overcome By: To reverse this trend, one must become a detective in their own financial mystery. Start by scrutinizing bank statements and tracking expenses. Look for patterns, like repeated late-night online shopping sprees or habitual dining out, which contribute to the thinning of your wallet. Use budgeting apps or spreadsheets to flag these patterns visually, making it easier to identify and amend them.
#9 – How Fear and Denial Contribute to Ongoing Money Issues
Fear comes in several forms: fear of failure, fear of taking risks, and even fear of facing the truth about one’s financial situation. It can immobilize individuals, preventing them from making necessary financial changes or taking action that could otherwise mitigate or reverse money woes.
For instance, the fear of losing money might dissuade one from investing in potentially lucrative opportunities, leaving them stuck in the low-yield safety of a savings account.
Further, there’s the psychological phenomenon of denial—a defense mechanism that numbs the pain of reality. When faced with mounting debt or budgetary failure, denial kicks in, allowing individuals to live as if the problem doesn’t exist. Unfortunately, ignoring overdue notices or dodging calls from creditors doesn’t make debts disappear.
Denial only deepens the financial hole, often leading to larger, more complex problems.
Overcome By: To confront these challenges, it’s crucial to adopt a stance of brutal honesty with oneself. This means acknowledging fears and confronting financial shortcomings head-on. Professional help, such as financial counselors or advisors, can provide support and guidance to navigate these tricky emotional waters.
#10 – No Clear Financial Goals and Plans
The absence of clear financial goals and plans is like embarking on a voyage without a destination. It not only leads to aimless wandering but also ensures that you miss out on the focus and motivation that well-defined objectives provide.
When you lack clarity on what you’re saving for or what you wish to achieve, there is little impetus to resist the temptations of immediate gratification or to weather the short-term sacrifices that long-term gains often require.
Setting clear and measurable financial goals lays the groundwork for creating effective plans to reach them.
Overcome By: To break this cycle, begin by reflecting on what you value most and where you would like to be financially in the future. Whether it’s achieving debt freedom, owning a home, funding education, or planning for retirement, having specific goals in mind will define the purpose of your financial activities. Craft a plan that outlines the steps needed to accomplish them.
#11 – Laziness is your Game
When you approach your finances with a laissez-faire attitude, it’s akin to ignoring the health of a garden; without regular attention and effort, it’s bound to wither. Financial laziness can manifest in various ways, from failing to review bank statements and ignoring budgeting to neglecting opportunities to cut costs or boost income.
Each act of omission is a step closer to the financial doldrums.
Procrastination or avoidance might seem less painful at the moment, but they ultimately compound the problem. Contrary to what some might think, simple acts of financial diligence, such as cash management or regularly doing household chores, do not require Herculean effort.
Moreover, they set a foundation for sound financial habits that thwart needless spending.
Overcome By: Schedule time for financial management much like an important meeting.
#12 – Keeping up with Others is Breaking Your Bank
The urge to keep up with others—often termed the ‘Keeping up with the Joneses’ or ‘Keeping up with the Kardashians’ phenomenon—is a profound pressure that exerts an invisible, yet powerful, force on financial habits. This social comparison can lead to an insidious form of competition, one that disregards personal financial realities in favor of an illusory social standing.
It’s an impulse driven by comparison, where the benchmark of success is set not by personal satisfaction, but by the possessions and lifestyles of others.
The decision to upgrade to a luxury car, splurge on designer clothes, or redo a perfectly functional kitchen stems not from need, but from a desire to project an image that matches or surpasses those in your social sphere.
Financial guru Dave Ramsey encapsulates this philosophy with his common saying, “Live like no one else will now, so in the future, you can live like no one else can.” This means making money moves that are right for you, not those dictated by social pressures, which can sometimes involve humbler living now for a wealthier future.
Overcome By: Breaking free from the shackles of this social competition requires introspection and a bold reaffirmation of personal values. Adjusting focus towards personal financial goals and aspirations, rather than mirroring others’ spending decisions, is key.
#13 – Need Help Differentiating Needs from Wants
The blurring line between needs and wants is a common financial pitfall that can lead individuals deeper into the morass of money woes.
Needs are essentials, the non-negotiable items necessary for survival—food, shelter, healthcare, and basic utilities.
Wants, on the other hand, include anything that is not vital for basic survival but enhances comfort and enjoyment of life.
The difficulty in distinguishing between the two often stems from habituation. What starts as a luxury, like eating out at restaurants, getting a high-end smartphone, or subscribing to multiple streaming services, can quickly become perceived as essential. This is particularly difficult in a consumer-driven society, where advertising and social media constantly inflate our perception of what we ‘need’ to lead a fulfilling life.
The result? A budget that’s stretched thin on non-essentials, leaving little room for savings or investment.
Overcome By: Regularly reassess expenses and ask the hard questions about whether a purchase is genuinely essential or merely a desire dressed up as a need.
#14 – You Don’t Make Enough Money to Cover Your Expenses
When your income doesn’t cover expenses, the strain can be relentless. This financial imbalance is often the stark root of the “I am broke” refrain. In such cases, every dollar becomes precious, and the financial breathing room feels nonexistent.
The reason is straightforward: if what comes in is less than what goes out, deficits and debt are the inevitable outcomes.
Addressing this challenge requires a two-pronged approach—increasing income and/or reducing expenses. For many, reducing expenses is the immediate reflex, and while it’s an essential strategy, there’s only so much you can save, but no limit to how much you can earn.
Overcome By: Focus on making more money. This could mean asking for a raise, seeking better-paying job opportunities, pursuing a side hustle, making money online, or acquiring new skills that offer higher income potential.
Long-Term Solutions to Build a Secure Financial Future
Building a secure financial future is an aspirational goal for many, but achieving it requires a strategic approach characterized by foresight, discipline, and an understanding of personal finance.
Becoming financially independent doesn’t happen by magic chance; it’s the result of deliberate actions taken with consistency over time.
Here are the foundational blocks for constructing a sturdy financial edifice:
Invest in Financial Literacy: Knowledge is power, and this is especially true in the realm of finance. Educate yourself about budgeting, investing, insurance, taxes, and retirement planning. Reliable resources include books, online courses, podcasts, and workshops.
Set Clear Financial Goals: Define what financial success looks like for you, whether it’s being debt-free, owning a home, or achieving financial independence. Detailed goals provide direction and motivation for your financial plan.
Create a Robust Budget: A flexible budget isn’t a one-time exercise but a living document that should evolve with your financial situation. It should reflect your income, fixed and variable expenses, and financial goals.
Establish an Emergency Fund: This is the bedrock of financial security. Aim to save three to six months’ worth of living expenses to protect yourself from unforeseen circumstances without falling into debt.
Pay Off Debt: High-interest debt is a major impediment to financial growth. Utilize strategies like the debt snowball or avalanche methods to tackle debts efficiently. Once you’re debt-free, avoid accumulating new debt.
Diversify Income Streams: Relying on a single source of income is a risk. Look for opportunities to create additional streams of income, such as side businesses, freelance work, or passive income from investments.
Invest Wisely: Make your money work for you through smart investments. Consider diversified portfolios, retirement accounts, and tax-efficient investment strategies to grow your wealth over time.
Plan for Retirement: The future is closer than you think. Contribute regularly to retirement accounts like 401(k)s or IRAs. Take advantage of employer match programs if available, as they’re essentially free money.
Protect Yourself with Insurance: Ensure you have adequate insurance coverage for health, life, property, and potential liabilities. This helps to guard against catastrophic financial losses.
Breaking the Cycle of Being Broke
Just like becoming broke is often a gradual process—a few uncalculated loans, hasty investments, and numerous credit card swipes. Suddenly, financial stability seems like a far-off dream.
The same goes for breaking the cycle of being broke. It is about moving from living paycheck to paycheck with no savings, drowning in debt, and making questionable spending decisions to become financially stable.
Even though our society may see being broke as normal, it is possible to embrace financial prudence to defy such norms. It’s time to delve into the reasons behind the perpetuation of brokeness and unveil practical steps toward lasting financial freedom.
What do I do if I’m broke?
Finding yourself in a financial predicament where the end of your money arrives before your next paycheck is a stress-inducing scenario.
When faced with the stark reality of being broke, here’s a step-by-step guide to help you navigate through and set the stage for a more stable financial future:
Assess Your Situation: Take stock of all your available assets and resources. This includes checking account balances, any savings, and items you could potentially sell for quick cash. Understanding what you have can help you gauge your immediate next steps.
Prioritize Your Expenses: Sort your expenses by urgency and necessity. Essentials like rent, utilities, and groceries come first. Non-essentials or discretionary spending should be paused or significantly reduced until your financial situation improves.
Reduce Costs Immediately: Eliminate any non-essential expenses. Cancel or suspend subscriptions, memberships, or services that are not vital. Consider cheaper alternatives for necessary expenses, and utilize community resources, such as food pantries, if needed.
Negotiate with Creditors: If you’re struggling to pay your bills, proactively reach out to creditors to discuss payment options. Many are willing to work with you on a revised payment plan to avoid defaults.
Seek Additional Income Sources: Consider taking on a side job, selling unused items, freelancing, or offering your skills for short-term gigs. Even small amounts of additional income can make a significant difference when you’re broke.
Consider Assistance Programs: Look into local, state, and federal assistance programs. You may be eligible for temporary aid to help with food, housing, or utility bills.
Borrow with Caution: If borrowing is unavoidable, be cautious and choose the most cost-effective options such as loans from family or friends, a personal loan with a low-interest rate, or a hardship withdrawal from your retirement account (as a last resort).
Remember, being broke can happen to anyone, so there’s no shame in it.
The key is to take swift, decisive action to mitigate the immediate crisis while also planning longer-term strategies to prevent recurrence. By addressing the issue head-on and adjusting your financial habits, you can initiate the journey from being broke to becoming financially buoyant.
FAQ: Navigating Away from Being Broke
Finding yourself consistently broke at the end of each month is an indicator that there’s a disconnect between your income and your spending habits.
It’s often the result of several factors or behaviors that, when combined, result in a cycle of financial scarcity. Here are common reasons why this might be happening:
No Budget or Poor Budgeting
Overspending
Impulse Purchases
Lack of Emergency Savings
Failure to Track Expenses
Living paycheck to paycheck
High Debt Payments
Remember, understanding why you’re broke at the end of the month is the first step towards financial stability.
Saving money when funds seem stretched to their limit is a challenge that requires creative strategy and discipline. Even with a tight budget, there are ways to eke out savings without significantly impacting your day-to-day life.
If saving a significant amount seems daunting, start by saving your change. Physically save coins or use apps that round up your purchases to the nearest dollar and save the difference. Check out my mini savings challenges.
Saving money when it seems there’s barely enough to cover the bills begins with a commitment to take whatever steps are necessary, however small they may initially seem. Every dollar saved is a step towards financial resilience and a buffer against future financial challenges.
Investing can be a powerful tool for building wealth over the long term, and it’s often considered a key component of achieving financial stability. However, for those who are currently struggling to make ends meet, the decision to invest should be approached with caution.
Investing typically involves committing money with the expectation of achieving a future financial return. It has the potential to outpace inflation and increase your wealth due to the power of compound interest. Nevertheless, it often carries the risk of losing the invested capital, a risk that those in financial distress may not be in the position to take.
Feeling Broke without Money – Time to Make A Change
Feeling broke is a stressful and demoralizing experience, but it’s also a clarion call for change. It signals that your financial health needs attention and that your money management strategies may require a significant overhaul.
However, the situation is not without hope; with determination and the right approach, it’s possible to transform your financial landscape.
The journey away from the precipice of being broke begins with honesty, introspection, and a willingness to adapt. It’s about confronting uncomfortable truths, devising a clear plan, and taking decisive action. From crafting and adhering to a precise budget, cutting unnecessary expenses, to seeking additional income streams—all these steps are essential in the path to financial stability.
Remember, feeling broke isn’t a permanent state. Mindset is everything.
It’s a challenge to be met, an opportunity for growth, and a chance to steer the course of your financial ship towards calmer and more abundant waters. Your future self will thank you for the changes you implement today, so take that first step now.
>>>It’s time to make a change—because you deserve the peace of mind that comes with financial security.
Source
Experian. “Experian Study: U.S. Consumer Debt Reaches $16.84 Trillion in Q2 2023.” https://www.experian.com/blogs/ask-experian/research/consumer-debt-study/. Accessed January 25, 2024.
Consumer Financial Protection Bureau. “Emergency Savings and Financial Security.” https://files.consumerfinance.gov/f/documents/cfpb_mem_emergency-savings-financial-security_report_2022-3.pdf. Accessed January 25, 2024.
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More importantly, did I answer the questions you have about this topic? Let me know in the comments if I can help in some other way!
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Chubb is a property and casualty insurance company that operates in 54 countries and territories. Its executive offices are in France, Singapore, Switzerland, the United Kingdom and the United States.
Besides property and casualty insurance, the company also offers personal coverage and supplemental health insurance, life insurance and travel insurance. Chubb travel insurance is underwritten by ACE Property and Casualty Insurance Co.
What does Chubb travel insurance cover?
Depending on what type of coverage you’re looking for, Chubb offers several different travel insurance options. It offers annual policies as well as single-trip plans for trips to domestic and international destinations.
Coverage ranges across:
Chubb travel insurance plans
Three single-trip travel insurance plan options are available: Travel Basics Plus, Travel Essentials Plus and Travel Choice Plus.
These are comprehensive travel insurance plans that include medical coverage as well as trip protections, such as trip delay, baggage delay and baggage loss.
Here’s how coverage varies across the plans.
Travel Basics Plus
Travel Essentials Plus
Travel Choice Plus
Trip cancellation
100% of the trip cost (with a $100,000 limit).
100% of the trip cost (with a $100,000 limit).
100% of the trip cost (with a $100,000 limit).
Trip interruption
100% of the trip cost (with a $100,000 limit).
150% of the trip cost (with a $150,000 limit).
150% of the trip cost (with a $150,000 limit).
Trip interruption – return air only
Trip delay
$100 per day, with a $500 maximum.
$150 per day, with a $750 maximum.
$200 per day, with a $1,000 maximum.
Missed connection
Baggage delay
Baggage loss
$750 (with a $50 deductible).
Emergency medical
$15,000 (with a $50 deductible).
Emergency evacuation and repatriation
$1 million.
Accidental death and dismemberment
Preexisting medical conditions waiver
Must be purchased within 21 days after your initial trip payment.
Must be purchased within 21 days after your initial trip payment.
Must be purchased within 21 days after your initial trip payment.
All three plans offer an optional car rental collision coverage add-on that covers up to $35,000 (with a $250 deductible). This add-on includes damage caused by collision, vandalism or weather and does not include theft.
Chubb single-trip plan cost
Below is how much a 35-year-old traveler from Utah would pay for travel insurance for a 10-day trip to Argentina valued at $2,500.
The least expensive of the options, the Travel Basics Plus plan will set you back $124.62. The Travel Essentials Plus policy comes in at $150.73 and provides more coverage. The most expensive plan, Travel Choice Plus, costs $215.13 and includes the most coverage with higher limits.
All plans include a $7 policy fee.
Chubb multi-trip/annual travel insurance
Chubb also offers multi-trip or annual travel insurance plans to those who take multiple trips per year. Three policies are available: Travel Basics 365, Travel Essentials 365 and Travel Choice 365.
Below are the coverage limits for annual travel insurance plans offered by Chubb.
Travel Basics 365
Travel Essentials 365
Travel Choice 365
Trip cancellation
Trip interruption
Trip delay
$150 per day, with a $750 maximum (kicks in after five hours).
$150 per day, with a $1,000 maximum (kicks in after five hours).
$150 per day, with a $1,500 maximum (kicks in after five hours).
Missed connection
$500 (kicks in after three hours).
$1,000 (kicks in after three hours).
Baggage delay
$150 per day, with a $300 maximum (kicks in after 12 hours).
$250 per day, with a $500 maximum (kicks in after 12 hours).
$250 per day, with a $1,000 maximum (kicks in after 12 hours).
Baggage loss
Emergency medical
Emergency evacuation and repatriation
$1 million.
Accidental death and dismemberment
Car rental collision damage waiver
$35,000 (with a $250 deductible).
$35,000 (with a $250 deductible).
Security evacuation
Chubb annual plan cost
Below is how much a 35-year-old traveler from Utah would pay for an annual travel insurance policy from Chubb.
The most affordable option of the three, the Travel Basics 365 plan, will set you back $141. The Travel Essentials 365 policy will set you back $233, and the Travel Choice 365 policy costs $449.
Which Chubb travel insurance plan is for me?
If you’re seeking coverage for one trip: Look into the single-trip travel insurance plans, such as Travel Basics Plus, Travel Essentials Plus and Travel Choice Plus.
If you’re traveling extensively: For travelers who take multiple trips per year or who are constantly on the road, an annual plan, such as Travel Basics 365, Travel Essentials 365 and Travel Choice 365, will provide a more economical solution.
If you hold a travel rewards credit card: Take a look at your card’s benefits guide and determine what kind of trip protections, if any, are offered by your credit card. Pick a travel insurance plan with perks that don’t overlap with what is already covered.
How to get a quote from Chubb
To get a quote from Chubb for an individual or family travel policy, start on it’s website. Decide whether you need a single-trip plan or an annual plan, and click on “Get a quote.”
Select between a domestic or an international policy and confirm that you’re a U.S. resident and at least 18 years old by checking the respective box. Enter your travel destination, state of residence, travel dates, the initial trip deposit date and the number of travelers.
Then provide a couple of more details, such as the primary traveler’s age and the cost of the trip.
The quotes for each plan will be displayed on the next page.
For an annual policy, select your state of residence from the dropdown menu, pick a coverage start date, enter the traveler’s age and click “Get quote.”
What isn’t covered by Chubb travel insurance?
Like most insurance providers, Chubb publishes a list of exclusions to its coverage. Below are some of the situations not covered by Chubb travel insurance:
Intentional self-inflicted injuries or suicide.
Normal pregnancy or elective abortion.
Participation in professional athletic events.
Mountaineering.
War, acts of war or participating in a civil disorder, riot or resurrection.
Operating or learning to operate an aircraft.
Being under the influence of drugs or narcotics.
Traveling for the purpose of securing medical treatment.
Traveling against a physician’s recommendation.
Is Chubb travel insurance worth it?
If you look online, Chubb travel insurance reviews are mixed, but they also include car, home and business insurance, not the company’s travel insurance branch specifically.
In any case, before you purchase a plan, we recommend not only comparing prices but also reading policy terms to make sure you understand what’s covered so your claim will be accepted should you need to file one.
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 2024, including those best for:
Some of the most popular interior design styles include industrial, nautical, Scandinavian and Bohemian designs. These styles are all distinct from each other, blending different elements to create a unified look. Designers draw on these different styles when searching for thematic inspiration for interior redesigns or home renovations.
One of the timeless interior designs is the mid-century modern style which emerged during the mid-1900s. Inspired by the Bauhaus style, the mid-century modern approach is set apart by its classic, understated look. Simple yet elegant, its distinguishing features include sleek lines with minimal ornamentation.
Adopting a mid-century modern style to your home is one of the most practical ways to redecorate your space. But how can you achieve a mid-century modern look for your home?
Mid-century modern: A mainstream trend?
Trends come and go. What was famous decades ago can make a comeback in today’s world, for instance. That’s why the mid-century modern interior style isn’t a new concept.
If you’ve seen the show “Mad Men,” it can help give you a good idea on what the style is all about. Critics argue that it’s one of the most seductive shows on television — after all, it has mesmerized British audiences with its tales of Manhattan power struggles, illicit relationships, political intrigue and portrayal of life during the 1960s.
But what truly sets the show apart is its reputation for period accuracy. The sets were specifically designed to reflect East Coast interiors in the 1960s. In fact, the show’s production team worked with Herman Miller to create period-appropriate furnishings and artworks.
The show features a muted color palette made up of teal blues, burnt oranges and olive greens set against a backdrop of rich browns and golds. The set also includes iconic pieces of furniture, such as Roger Sterling’s olive buttoned couch and the padded velvet headboard from the Drapers.
It’s no surprise that the show brought mid-century modern designs back into the mainstream.
Stripping it down to the bare essentials
If “Mad Men”taught its viewers anything, it’s that it doesn’t take too much work to redesign your interiors and give it a mid-century modern appeal. After all, the style’s distinguishing features include an emphasis on functionality. That means adopting a minimalist approach to design, which includes uncluttered and sleek lines with minimal fuss.
In a nutshell, simplicity is the name of the game. It’s all about stripping things down to the bare essentials and letting function take center stage. In a similar vein, adopting this style entails reducing clutter and focusing on a single focal point.
Adapting the mid-century modern interior style
One of the most exciting parts about mid-century modern design is that you can let your imagination run wild. Even though the style is similar to minimalism, it doesn’t mean that you have to limit yourself to simple designs. In fact, this style gives you the freedom to experiment with color.
Simple shapes and lines turn color into a necessary layer of visual interest. Mid-century designers used color boldly by incorporating bright colors here and there. The result: a bright and cheerful look that reflected America’s optimism during the 1950s.
Acknowledging the forces of nature
Apart from streamlined patterns and bold colors, the mid-century modern interior look has a strong connection to nature. And this translates to more items and furniture pieces made from natural materials like leather, wood and cotton.
This is where area rugs can help achieve overall balance in interior design. Their subtle, earthen appeal can add to your home’s warmth. They also pull different visual elements together by making some of your furniture pieces stand out — after all, these rugs can also be displayed on the wall.
Tamarian area rugs, in particular, are a fantastic addition to any space because its classic charm can help juxtapose your contemporary-style furniture pieces on display.
For more inspiration, you might want to go over the work of famous interior designers like George Nelson, Edward Wormley, Eero Saarinen, Isamu Noguchi and Jens Risom.
Turning your interior into a true work of art
With enough research and the right furniture, you can create a mid-century modern interior look for your home. After all, its clean lines, bold colors and attractive simplicity has captured the hearts and minds of those looking to brighten up their indoor space. And what better way to add a unique twist to your home?
Whether you want to turn your room into a space that will rival the set on “Mad Men”or just make your home a little more livelier, you’re on the right track. Since the style prioritizes function over form, you’re changing your indoor space for the better.
Kris Trecer is a freelance writer. Her favorite thing to do when she is at home is to play with her dog.
The Capital One Venture X Rewards Credit Card is a travel credit card offering a long list of benefits for travelers. For the card’s $395 annual fee, you get a lot of perks — an annual $300 Capital One Travel credit, a 10,000-point anniversary bonus and Priority Pass lounge access, among other travel perks.
The card also offers several travel insurance benefits, which makes it a good choice for booking travel. Even if another card offers you more points, paying for travel with your Capital One Venture X Rewards Credit Card might make sense if the other card doesn’t have insurance and you want coverage.
Trip cancellation and interruption coverage
If you pay with the Capital One Venture X Rewards Credit Card you can be reimbursed up to $2,000 per person for any nonrefundable airline, bus, train or ferry tickets if your trip is canceled or cut short for an eligible reason. Only the cardholder, their spouse and any dependent children are covered.
🤓Nerdy Tip
The card’s included trip interruption or cancellation insurance doesn’t provide coverage for prepaid tours or hotel reservations.
The card’s plan only covers trip cancellation or interruption in two specific scenarios:
The death, injury or illness of you or an immediate family member.
Financial insolvency of the common carrier, resulting in default.
If you have to cancel a trip or return home early for any other reason, this policy will not reimburse you the cost of your tickets.
How to submit a trip cancellation or interruption claim
Trip cancellation and interruption protections are managed by an external claims administrator, so you’ll need to work with them to process your request. Claims can be initiated by mail to the following address: CBSI Card Benefit Services; 550 Mamaroneck Avenue, Suite 309; Harrison, NY 10528.
Once you’ve initiated your claim, you’ll use the portal at www.myclaimsagent.com to upload documents and check the status of your claim. Note that you can’t initiate claims online.
You should submit your claim within 20 days of when the incident that cancels or interrupts your travel occurred. Once you’ve received the required forms from the benefits administrator, you’ll need to sign and return them, along with all necessary documentation, within 15 days.
Here are some of the documents you may be required to submit:
Copies of proof of cancellation from the common carrier, as well as an itinerary with the traveler’s names and ticket cost.
Document showing the common carrier’s cancellation policies.
A copy of your credit card statement, showing that the travel was charged to your card.
Confirmation showing the reason for the trip cancellation or interruption.
Other claim documentation, as requested by the benefit administrator.
Trip delay coverage
When you book your airline or other common carrier tickets with your Capital One Venture X Rewards Credit Card, you also receive trip delay coverage.
If your trip is delayed by more than six hours, or requires an unexpected overnight stay, you’ll receive up to $500 per eligible passenger toward any reasonable incurred expenses. This typically includes purchases like hotel accommodations, food, toiletries and other essentials.
Capital One offers trip delay coverage when you use credit card rewards for your travel or pay for all or part of the fare with your Capital One Venture X Rewards Credit Card. Plus, it covers you, your spouse and any children under 22 years of age.
How to file a trip delay reimbursement claim
Within 30 days of your trip, you’ll need to file a claim with the benefits administrator by filling out a form at www.eclaimsline.com or calling 800-825-4062. Be sure to save your receipts and get a statement from your carrier about the reason for the delay.
Here’s what you’ll be expected to provide with your claim:
A copy of your itinerary and common carrier tickets.
Your monthly billing statement, showing that your travel expenses were charged to your account.
A statement from your common carrier stating the reason for the delay.
Itemized receipts for expenses claimed.
Common carrier travel accident coverage
Even with careful planning, accidents can happen when traveling. If you’re injured (or worse) while traveling on a common carrier, you’re protected by up to $1,000,000 of travel accident insurance — as long as you charge your trip to your Capital One Venture X Rewards Credit Card. The coverage protects you against loss of life or specific, significant bodily injuries.
Capital One’s coverage is door-to-door as long as you’ve charged your common carrier fare to your card. This means you’ll be protected from your home all the way to your destination, including any travel by taxi, bus, ferry or other form of public transportation.
How to file a travel accident claim
If you need to file a claim under Capital One’s common carrier travel accident insurance policy, contact Broadspire, the claim administrator for this benefit. Broadspire’s contact information is as follows: Broadspire, a Crawford company; P.O. Box 459084; Sunrise, FL 33345. It can also be reached by phone at 855-307-9248.
During the claims process, you’ll need to fill out a form and provide the requested documentation and proof of loss.
Lost or damaged baggage coverage
When an airline loses or damages your luggage, you may receive some compensation, but it might not cover the total cost of your loss. If you’ve booked your trip with your Capital One Venture X Rewards Credit Card, its lost luggage coverage can make up the difference. This benefit will pay up to $3,000 per passenger to cover the difference between what the airline pays you and the value of your claim.
The lost luggage policy also covers carry-on baggage, but only in cases where it was damaged or mishandled by the common carrier.
How to file a lost or damaged baggage claim
Your first step when you have a lost or damaged bag is to submit a claim with the common carrier. Once you’ve done this, you should contact the benefits administrator at 800-825-4062 or file online at www.eclaimsline.com. You’ll need to do this within 20 days of the bag being lost or damaged.
You’ll also need to provide documentation, including:
A copy of your billing statement showing payment of the common carrier fare.
A copy of your common carrier ticket.
Evidence of any payment provided by the common carrier as a settlement of your baggage claim.
The declarations page of any other applicable insurance policies, plus copies of any settlements from them.
Rental car collision coverage
Rental car insurance, also known as an auto rental collision damage waiver, protects you against the cost of damage to or theft of a rental car.
As long as you charge the rental to your Capital One Venture X Rewards Credit Card and decline the rental company’s collision damage waiver agreement, you’ll receive reimbursement for the cost of theft or damage of the rental car. The coverage is primary and covers the actual cash value of the rental, up to $75,000 when the vehicle is new.
Capital One’s car rental insurance doesn’t cover liability — meaning if you damage property or injure someone with your rental car, they can still pursue a claim against you or your personal automobile insurance. Additionally, the coverage has some exclusions, including rentals in specific countries, antique and luxury cars, motorcycles, recreational vehicles (RVs) and cargo vans, among others.
The rental period cannot be longer than 15 days within your country of residence or 31 days outside your country of residence.
How to submit a rental car insurance claim
If you need to submit a rental car insurance claim, you’ll want to inform the benefits administrator as soon as possible — but no later than 45 days after the incident occured. As soon as you are aware of damage or theft, you should call the benefit administrator at 800-825-4062. You can also start your claim online at www.eclaimsline.com.
During the claim process, you’ll be required to provide documentation:
A copy of the rental company’s accident report form and the rental car agreement.
A copy of a repair estimate and itemized repair bill.
Photos of the damaged vehicle.
A police report, if available and/or applicable.
A copy of the letter from the rental agency showing what costs you are responsible for and what has already been paid.
Capital One Venture X Rewards Credit Card travel insurance recapped
The Capital One Venture X Rewards Credit Card offers a suite of travel protection benefits that can protect you when you’re on the road and encounter unexpected circumstances.
Be sure to read your card’s guide to benefits to understand important benefit limitations and exclusions.
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 2024, including those best for:
The bad news is the holiday season is just about over. The even worse news is that it comes with a whole lot of cleanup and decoration organization. But don’t worry, there’s some good news here, too. Right now, QVC is having a sale on a variety of storage solutions for ornaments, artificial trees, wrapping paper, and more for up to 62 percent off.
QVC’s storage deals include items for all of your holiday essentials to help you clean up faster, stay organized, and keep everything in one space-saving place. Look for collapsible wreath boxes and ornament storage in 64-piece or 72-piece options. You can also find artificial tree bags starting at $28, plus multi-purpose containers to hold lights, gift bags, and other items you won’t need until next year.
Home Reflections 7.5-Foot and Under Tree Storage Bag With Wheels, $50 (was $83)
Periea 64-Piece Collapsible Ornament Storage Box
When it’s not in use, this ornament storage box is completely collapsible, and when it is, it keeps everything tidy thanks to its sturdy design with inserted metal rods and four divided trays to hold ornaments. You can safely transport it to its permanent spot during the year using the carry handles, and if you need a larger size, grab the 72-piece version that’s also on sale. The box is available in six designs, including red berry, gold floral, and green tartan.
Tidy & Co. Three-Piece Multi-Purpose Collapsible Storage Set
Another collapsible storage set is this one from Tidy & Co. that comes with three pieces—two small and one large cube—for storing decorations like ornaments, figurines, holiday trains, candles, lights, and more. Each box has a clear window pane to easily identify what’s inside, and they can be used with or without the inserts. One shopper said the “boxes were very sturdy, and if packed right, hold lots of items.” Another reviewer has found other uses for them, including their “yarn, sewing” and “cords from [their] TVs.”
Santa’s Bags Wrapping Paper Storage Tube
If you overestimated how many rolls of wrapping paper you would need, keep the excess neat for next year in this storage tube. It has a convenient carrying handle and zip top design so nothing can escape or become unraveled. The bag can hold up to twelve 40-inch wrapping paper rolls, more if yours are half-used. One shopper noted that this is a “really inexpensive way to organize,” and that now, their closet is “no longer” filled with “ripped wrapping paper.” Another reviewer shared that it “takes up very little space.”
Whether you need to pack up your tree lights, ornaments, or holiday garland, this one-size-fits-a lot storage box is a must, and it’s 62 percent off and just $15. The durable bag is made of water-resistant material and measures 41 inches, so it can even fit your longest unused rolls of wrapping paper. Plus, when it’s not in use, you can fold it up so it takes up almost no space.
Home Reflections 7.5-Foot and Under Tree Storage Bag With Wheels
When it’s sadly time to take down the artificial tree and pack it up for next year, grab Home Reflections’ wheeled storage bag that’s 39 percent off. The mesh window provides airflow while the straps keep the tree secure and in place. The bag has wheels to make transporting it up or down stairs as smooth as possible, and it can fit trees that are 7.5 feet tall or smaller.
While few enjoy the cleanup and organization that comes with the end of the holiday season, QVC’s sale on Christmas storage bags and boxes makes the process a little easier—and less costly. Find even more items below.
When it comes to purchasing furniture, you want good pieces that’ll last for years. The issue is, good furniture can be expensive unless you find a deal or two. Seasonal sales are usually a great way to find what you need at budget-friendly prices. Whether you’ve just purchased your first adult space and you’re looking to decor or you’re just looking to spruce up an old spot, these retailers have got you covered with holiday and end-of-year discounts. Right now, you can pick up everything from dressers and couches to home storage baskets and everything in between while stocks last.
Ashley Furniture
Ashley Furniture has everything you need for your home, and right now, the retailer is offering an extra 15% off during its end-of-year sale. Featured products are all “clear out” items that are already on sale and are going fast. This Charlang dresser is available for $45 off its original retail price.
Wayfair/CNET
Wayfair is closing out 2023 on a high with up to 60% off its catalog. Right now, you can get 54% off this Bridget hall tree with open storage from Sand & Stable. It typically retails for close to $500 but can be yours for just $217. It comes in five colors, including black, midnight cherry and Fairfax oak.
Carraway
Target is offering up to 30% off select furniture, including this Carraway glassware and wine storage bar cabinet. This would be the perfect addition to any space, especially if you’re a wine lover. Or you could even gift this to someone special on your Christmas gift list.
Home Depot
Home Depot has all your home essentials at already affordable prices. But right now, the retailer is kicking things up a notch by taking up to 25% off its home storage solutions. That includes this shoe storage cabinet, available for $15 off. It has three drawers and can fit up to 30 pairs of shoes. Another perfect gift option for someone in your life.
Welcome to CNET Coupons, the first stop before you shop, featuring a multitude of deals and discounts from top online retailers. Simply head over to our coupon page and type in your favorite store or brands to find all the deals available for the week.
Dallas is a fast-growing and highly desirable city to live in. It’s ranked city No. 24 on U.S. News & World Report’s “Best Places to Live” list for a good reason. In Dallas, you can find big-city vibes as well as toned-down suburban-style living depending on where you settle down — making it suitable for any lifestyle.
The cost of living in Dallas is 7.7 percent higher than the national average, but it still costs less to live here than in cities like Los Angeles, Boston and Chicago. Within Dallas, the average rent is declining year-over-year, and if you have ever considered moving to Dallas, now is the time!
Before moving to Dallas, you should consider some basic expenses like housing, food and utilities. These are all common things to think about before making your move. The below sections will help you determine if living in Dallas makes sense for you.
Housing costs in Dallas
Experts predict the Dallas-Fort Worth metroplex to rank as the sixth-hottest housing market in the nation in 2021.
With that being said, you should know that the cost of living in Dallas for housing is 15.9 percent above the national average and properties do not sit on the market long. Don’t let that deter you from rolling your sleeves up and going after what you want. Just keep in mind that the market is pretty competitive.
Some of the most expensive neighborhoods to live in Dallas are Knox/Henderson, East Dallas, Main Street District and Vickery Place. To reside in one of these neighborhoods, you will find yourself paying $2,000 to $2,500 on average monthly rent for a one-bedroom apartment. Don’t worry though — you get your money’s worth. These neighborhoods are known for their walkability factor, unique restaurant options and upscale services.
On the other hand, you can live in neighborhoods like Highland Hills, Southeast Dallas or Riverway Estates and rent a one-bedroom for under $800. It depends on which amenities are important to you and the lifestyle you want to live within the city.
If you’re house hunting, you’ll also find a vast range of options. According to Redfin, the Dallas home market is up 17.1 percent since last year, and the median sale price is $410,000 — well above the national average of $353,000.
Food costs in Dallas
Food costs in Dallas are right around the national average, making it very reasonable to fill your belly and not break the bank. You can balance dining out at fancy rooftop restaurants with cost-effective home-cooked meals since groceries here remain fairly priced.
If you’re shopping for supermarket staples, you’ll see ground beef costs $4.42, a half-gallon of milk costs $1.97 and eggs are $1.15 for a dozen. There are also farmer’s markets on the weekends, specialty grocery stores for unique items or low-cost grocery stores for everyday essentials.
The foodie scene here is incredible, too. The benefit of living in Dallas means the meal options are endless — you can find something to fit any budget. You can score a food truck meal for under $5. Not into that? Scour the city for the best burger and pay $18 a pop.
Living in Dallas means getting used to having casual eateries, mid-priced options or five-star restaurants with highly accredited chefs right at your fingertips.
Utility costs in Dallas
What you pay for utilities will rely on usage, but you can expect them to run 8 percent above the national average. In case you haven’t heard, Texas summers are sizzling hot.
A monthly energy bill is close to $200, higher than in New York, Atlanta and even Los Angeles. Trying to stay cool in Dallas is no joke so just prepare to crank up that A/C.
The monthly cost of a phone bill is around $185, the internet is $45 and water bills are usually under $100. The cost of water is high in Texas due to the dry climate.
Transportation costs in Dallas
It’s very reasonably priced to get around Dallas, whether you own a car, take advantage of public transportation or use ride-booking services in the city. Dallas has a transit score of 45, a walk score of 57 and a bike score of 56.
There are newly built highways and toll roads that make getting from one side of Dallas to the other a breeze. If you own a Toll Tag, you get a special toll rate of 19 cents per mile — worth the initial $40 payment.
Dallas also has the DART (Dallas Area Rapid Transit) system, so if you don’t want to get behind the wheel, you buy a daily pass for $6 or a monthly pass for $96.
Transportation costs in Dallas are 6.8 percent under the national average. A gallon of regular unleaded gas costs $1.92 and is cheaper than in other large, popular Texas cities like Houston and Austin.
Healthcare costs in Dallas
Healthcare requirements vary so much from person to person, so it’s tough to come up with an average for overall healthcare. Just know that whether you are seeking a general family doctor, an emergency comes up or you need special medical attention, Dallas has elite healthcare providers, services, hospitals and facilities.
Medical City Dallas is an example of a leading health care provider. It’s one of the largest in the region and includes 16 hospitals employing over 17,000 employees.
Healthcare costs in Dallas remain steep — 13.8 percent higher than the national average. A doctor visit will run you $121, a trip to the dentist costs $134 and seeing the optometrist is $98.
Goods and services costs in Dallas
Aside from the essential bills, the goods and services category encompasses anything that is not consumable.
Dallas ranks 7.1 percent higher than the national average in this category. Examples include office pens, a new hairbrush, a movie ticket and services like dog grooming, landscaping and home repairs.
Dallas is a very pet and dog-friendly city but just know that a trip to the vet will set you back $64
A trip to a beauty salon averages $45, a movie ticket runs $11 and a yoga costs about $21 per class.
Taxes in Dallas
Fun little fact: There’s no state or local personal income tax in Texas. That means that there are no taxes at a state level for Social Security benefits, pensions, 401(k)s or any other type of retirement income. This helps save a bit of money and offsets the high property taxes, but you don’t have to worry about that if you’re renting.
Texas’ statewide sales tax is a modest 6.25 percent, but total sales taxes, including county and city taxes, sit at 8.25 percent. So, f you spend $100 in Dallas, you can expect to pay $8.25 in sales tax or less.
Dallas residents also benefit from three Texas tax-free weekends where the state and local taxes get waived for specific items.
How much do you need to earn in Dallas?
Experts suggest you not spend more than 30 percent of your annual income on housing.
If you take the average rent price for a one-bedroom in Dallas, which is $1,390, and multiply that by 12, you get what you need for housing for the year — $16,680.
So, to cover for housing that is 30 percent of your annual income, you need to earn at least $55,600 annually in Dallas. For more specific needs you can use our rent calculator.
Living in Dallas
While there are many things to consider before moving to Dallas, this vibrant city has a lot to offer. From budget-friendly living to lavish lifestyles and everything in between, Dallas is a great place to plant your roots and call home.
Cost of living information comes from The Council for Community and Economic Research.
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory of one-bedroom apartments in April 2021. Our team uses a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
In mid-December, the average rates on 30-year fixe-rate mortgages fell below 7% for the first time since August, according to December data from Freddie Mac. While the rate drop was welcome news for both home buyers and owners who want to refinance their mortgages, it’s still nearly 4% higher than rates were during the same period in 2021.
So, how did we get here? High inflation certainly played a significant role. In an effort to curb inflation, the Federal Reserve has raised interest rates 11 consecutive times since March 2022. Of course, there are other mitigating factors, including rising bond yields, global uncertainty and the overall economic climate.
Many of these economic uncertainties, like inflation and potential interest rate hikes by the Fed, could further impact mortgage rates in 2024. So, keeping an eye on specific economic indicators could help you anticipate the coming mortgage rate changes.
Find out the top mortgage rate offers you could qualify for here.
Will mortgage rates fall in 2024? 3 signs to look for, according to experts
Given the recent drop in mortgage rates, there’s hope the trend will continue into the new year. Look out for the following signs that experts say could signal a drop in mortgage rates in 2024.
Monitor the Fed’s interest rate moves
While the Fed doesn’t directly set mortgage rates, its interest rate decisions do have a ripple effect, and mortgage rates tend to rise and fall in tandem with the federal funds rate. As such, it can be worthwhile to monitor the central bank’s policy moves in 2024 to predict which direction mortgage rates will go.
Matt Vernon, the head of consumer lending at Bank of America, says the bank anticipates a mortgage rate reduction in 2024 in line with rate cuts by the Fed. “Analysis from BofA Global Research indicates an initial rate cut by the Fed in June 2024, with subsequent quarterly reductions of 25 basis points, amounting to a total of 75 basis points in 2024 and 100 basis points in 2025,” says Vernon.
According to Vernon, the adjustments could occur gradually, possibly beginning later in the year.
Ready to get started? Explore your mortgage loan options here.
Keep an eye on inflation
Another indicator worth watching is inflation, which factors heavily into the Fed’s monetary policy decisions. When inflation is down, or there are signs of a slowing economy, the Fed could aim to spur economic activity by lowering interest rates.
“I expect mortgage rates to slowly fall in 2024, as we’re seeing inflation fall significantly since its peak of 9% in June 2022,” says Glenn Brunker, head of Ally Home. “It’s still higher than consumers would like, but we’re beginning to see very early indicators on essentials and should expect to feel the relief through next year.”
While you can see inflation first-hand when paying at the gas pump or grocery store, it’s possible to get a clearer picture by checking the Consumer Price Index (CPI) reports. The CPI tracks inflation by measuring the average year-over-year price changes for goods and services.
Matt Dunbar, the SVP of Southeast Region at Churchill Mortgage, is optimistic about lower mortgage rates and inflation.
“I remain confident the trend of gradually decreasing mortgage rates will maintain its course,” says Dunbar. “If future CPI data continues to exhibit positive trends in early 2024, the Fed may consider moderate rate reductions by the latter part of the second quarter.”
Watch bond market trends
Mortgage-backed securities (MBSs) are investment products that bundle home loans purchased from other banks. Investment firms market these securities as investment products, but the yield must be high enough to entice investors to buy them.
Government and corporate bonds, on the other hand, compete with MBSs as long-term fixed-income investments, so the money you can earn from these investments tends to impact the yields on MBSs. In short, the overall state of the bond market directly affects how much lenders charge for their mortgages. As such, when bond yields fall, lenders often lower mortgage rates to compete for investors.
Dunbar reminds rate-watchers that world events can also play a role.
“Global economic events can sway investor confidence, affecting the bond market and, in turn, mortgage rates,” says Dunbar.
The bottom line
It’s impossible to predict with certainty what will happen with mortgage rates in 2024. However, monitoring these key indicators can help you anticipate any rate changes to come.
Also, remember that trends can change in a moment. “It’s important to be aware of the possibility of unforeseen developments. It’s an evolving economic landscape, and the Fed’s strategy will adapt accordingly,” Dunbar notes.
Most experts we’ve talked to believe that even if mortgage rates fall in 2024, they won’t return to 2021 levels anytime soon. In the meantime, you may have a couple of options if you’re looking to buy a home. Consider purchasing your home now with an eye toward refinancing later and making a larger down payment to reduce your monthly payment.
Want to know how to get free internet? The internet is used all the time, and most people use it every single day. As someone who works online, I completely understand how important the internet is – I use it for many hours every single day, usually. But, internet can be expensive, and many people…
Want to know how to get free internet?
The internet is used all the time, and most people use it every single day. As someone who works online, I completely understand how important the internet is – I use it for many hours every single day, usually.
But, internet can be expensive, and many people pay $50 to $100+ each month (and that’s almost $1,000 each year!). If you are looking to save some money, then finding ways to get free stuff can help you spend less money.
Key Takeaways
There are many ways to get free or low-cost internet in your home, on your laptop, and on your cell phone.
The Affordable Connectivity Program is a government program to look into for free internet.
All the big internet companies like AT&T, Comcast, and Spectrum have free internet plans.
Public Wi-Fi is an option, but you will want to make sure you are safe when using free internet connections.
Who Can Get Free Internet Services?
Free internet access can be extremely helpful for people who are not able to afford internet.
After all, internet can be quite expensive, and you can easily spend around $1,000 a year just on internet. That would be tens of thousands of dollars over your lifetime!
If you’re trying to find ways to cut back on your budget, then starting with a monthly recurring expense such as internet can be a great way to lower your monthly expenses for a long time.
Before you start looking into how to get free internet services, it’s important to know if you qualify. Here are some examples of who can get free Wi-Fi:
Government assistance programs – There are free government internet service programs that give discounted internet services to eligible households, typically those that use public assistance programs like SNAP, SSI, WIC, or Medicaid.
Nonprofit organizations – Some nonprofit organizations have free or low-cost internet options, such as for seniors or people with disabilities.
Public Wi-Fi hotspots – You can find free Wi-Fi in different public places like coffee shops, libraries, parks, and airports.
Recommended reading: 11 Ways To Get A Free Cell Phone And Plan
Why is there free internet?
So, you may be wondering why there are free government internet service programs and why certain places and companies give out free internet.
Some reasons include:
Everyone should be able to have internet. The internet is really important and many companies/groups know that and want to make sure everyone can have access to the internet.
The internet helps people to learn online. Getting to learn online is really important for students these days. They need the internet for research, assignments, and using online learning sites. Because of this, schools, nonprofit groups, and even some companies have free internet options.
The internet helps people find jobs. Having the internet can help a lot in making a place grow and get better economically, and the government knows this. Internet lets people look for jobs, start businesses, and be part of the economy. When companies and governments give out free or cheap internet, they give a chance for people to make their lives better and do good things in their communities.
Best Ways To Get Free Internet Access
Below are the best ways to get free internet access.
1. Affordable Connectivity Program
The Affordable Connectivity Program (ACP) is a Federal Communications Commission government program that gives money to households that qualify, to help pay for broadband internet service.
This is the top government program for free internet that you will want to look into and start with.
If you can qualify for this program, you can get up to $30 each month for your internet bill, or $75 per month if you live in certain Tribal lands.
A household can qualify for the Affordable Connectivity Program if their income is at or below 200% of the Federal Poverty Guidelines, or if they meet another criteria such as participating in:
free or reduced-price school lunch program
school breakfast program
SNAP (Supplemental Nutrition Assistance Program)
Medicaid
Federal Public Housing Assistance
Tribal Head Start
Tribal TANF
Bureau of Indian Affairs General Assistance
Federal Housing Assistance
Federal Pell Grant (from the current award year)
WIC
Veterans Pension or Survivor Benefits, and more.
To check if you qualify and to sign up, go to the ACP website.
2. Lifeline
Lifeline is a government program that gives discounts on phone and internet services for households with low income.
Through this program, you can get up to $9.25 off your monthly internet bill, and that is up to $111 each year for signing up.
You’re eligible for Lifeline if your income is 135% or less than the Federal Poverty Guidelines, which depends on your household size and the state that you live in. You can also qualify if you use SNAP, Medicaid, or other government programs.
So, it is a little easier to qualify for Lifeline than it is for ACP (although, the ACP program does give you more money), as the income level is different.
To check your eligibility and learn more about the program, visit the Lifeline website.
Internet Service Providers With Free Connections
Below are internet providers that have free or very affordable monthly internet plans.
3. FreedomPop
FreedomPop is a company that gives free basic internet plans for your phone because it participates in the FCC’s Affordable Connectivity Program.
If you want mobile internet with a low amount of data, this could be a good choice. Their free plan gives you 10 GB of data every month for $0.00.
To sign up or learn more, visit the FreedomPop website.
4. NetZero
NetZero is a company that has free dial-up internet, but there are some limits. It’s not as fast as high-speed internet, but it could work if you just want basic internet without paying a monthly cost.
The free plan lets you use the internet for up to 10 hours each month.
You can learn more and sign up at the NetZero website.
5. AT&T
Yes, even big companies like AT&T have free internet options.
AT&T has a program called Access that gives low-cost internet to households with low income who qualify because they participate in the Affordable Connectivity Program.
If you can get it, you might get internet speeds up to 100 Mbps at a lower price. This is one of the faster speeds I found for free internet plans – so if you want something a little faster, then you may want to look into this plan through AT&T.
With this plan, there is no annual contract and installation is free.
You can learn more about AT&T’s Access program here.
6. Spectrum
Spectrum Internet Assist is a program for low-income households that qualify for specific assistance programs such as the ACP.
This free internet plan has internet speeds up to 30 Mbps at a significantly lower cost. Plus, you also get a free modem with no data limits.
You can learn more about Spectrum Internet Assist here.
7. Comcast and Xfinity
Comcast’s Internet Essentials program has cheap internet for families with low income, seniors, and people with disabilities.
They have monthly internet plans for just $9.95 per month, which includes equipment.
You can learn more about Comcast’s and Xfinity’s Internet Essentials program here.
Note: Comcast and Xfinity are the same company.
8. Verizon
Verizon has free and low-cost internet through the ACP program. There are also no equipment charges or hidden fees.
You can learn more about Verizon’s program here.
9. Juno
Juno is a company that gives a free internet plan, but there are limits. You can use it for up to 10 hours each month. This could work if you only need the internet now and then, and you don’t need it to be super fast.
You can learn more about Juno’s Free Dial-Up Internet Access here.
Ways To Get Free Public Wi-Fi
Below are different public places where you can connect to their Wi-Fi for free.
10. Coffee shops
Lots of coffee shops (such as Starbucks) give their customers free Wi-Fi so they can use the internet while drinking or eating. People use Wi-Fi at restaurants all the time (some people even work all day at coffee shops for the free Wi-Fi!), so this is completely normal.
Many other stores and companies have free Wi-Fi as well, such as McDonald’s, Barnes & Noble, Panera Bread, Taco Bell, Dunkin’ Donuts, and more.
11. Libraries
Public libraries usually have free Wi-Fi for anyone who comes in. You can do work, study, or just use the internet in a quiet place.
Public libraries also tend to have safer Wi-Fi connections that are monitored to make sure there are no hackers.
Sometimes, you might need a library card to get the Wi-Fi, but getting one is usually easy and free.
12. Gyms
Some gyms have free Wi-Fi for their members as an extra benefit. This means you can listen to music or watch videos while working out, or you can even just find a quiet place to get some work done.
13. City recreation centers
City recreation centers, like community centers or parks, usually have free Wi-Fi for the public. These places can be good choices for working outside your home or office, and you can also use the resources and do activities available there.
I know of many people who use city rec centers for free Wi-Fi, and they even drop their children off in the kids’ centers so that they can get work done (and their kid can socialize/have fun – it’s a win-win!).
14. Coworking spaces
While coworking spaces usually have a monthly fee, some might have a free trial period or days when you can use them for free.
To do this, you can look into local coworking spaces to see if they have any special offers.
How To Be Safe With Free Public Wi-Fi
When using free public Wi-Fi, you will want to be safe. I personally try to avoid public Wi-Fi whenever I can due to safety issues, but I do completely understand that sometimes you do need free public Wi-Fi.
Whenever I have to use public Wi-Fi (I still use it often!), I always follow these tips below:
Use a VPN
To stay safe when using public Wi-Fi, make sure to use a VPN (Virtual Private Network). A VPN creates a safe connection between your device (such as your laptop or phone) and the public Wi-Fi you want to connect to, which makes it harder for hackers to get your online data.
When I have to use free public Wi-Fi, I always make sure to connect to my VPN first, as it’s always a good idea to be safe and protect my laptop as well as my personal information. I have a VPN on my phone as well as on my laptop!
Only use networks that are password protected
When using public Wi-Fi, you should always choose networks that have passwords. Password-protected networks encrypt your data, which makes it harder for criminals to get your information.
I know it can be tempting to look for open networks that have no password as that can seem so easy, but criminals tend to use this to their advantage because they know that you are vulnerable (and desperate for quick Wi-Fi!).
Make sure it’s a real network
Before using any public Wi-Fi, you will, of course, want to make sure it’s real. Unfortunately, there are people who sometimes make fake networks with names that seem like the real ones to trick people and hack their devices.
For example, a fake network might be called “Free Airport Wi-Fi” instead of the actual “Airport Wi-Fi.” To make sure that a free internet network is legit, you should ask the staff for the right name and password or check for signs with information about the Wi-Fi you should be connecting to.
I have personally seen fake Wi-Fi networks, and sometimes they are really close to the real ones. So, always be careful and double-check the name!
Frequently Asked Questions About Free Internet
Below are common questions about how to find free internet access.
Is there any way to get free internet?
Yes, there are ways to get free broadband internet services. Public libraries, cafes, and community centers usually have free Wi-Fi for public use. For home internet access, you can look for internet service providers such as FreedomPop, or check whether your current provider has any free internet plans.
When getting free internet, I do recommend monitoring your data usage. Sometimes, the amount of data you get each month may be on the low end. Or, it may be slow. These are two things to think about.
How to get free internet for students?
Students can get access to free internet while at their school or college campus. Also, some internet service providers and community organizations have programs for students from low-income families.
How to get free internet from the government?
If you want to learn how to get free internet from the government, then you do have some options, such as the Affordable Connectivity Program. This helps low-income households get internet at a lower cost, such as with a $30 monthly discount on your internet bill. While it may not technically be “free,” it does lower your monthly cost for internet by a lot.
How To Get Free Internet Access – Summary
As you can see, there are many different programs and options where you can get free or low-cost internet access from internet service providers (ISPs) like AT&T, Comcast, Verizon, and others.
But, keep in mind that free internet might not always be super fast. Still, if you know your choices and take care, you can stay connected without spending a lot of money.
If you need to know how to get free internet at home without paying, then I recommend looking at each internet company’s website to determine if you are eligible and to find the best option for your needs.
What do you recommend for someone who wants to learn how to get free internet at home without paying?