A Frank Lloyd Wright-designed, 6,918-square-foot Usonian home in New Canaan, CT, awaits its next steward.
Newly arrived on the market, it’s “the quintessential Usonian house,” says listing agent Albert Safdie, of Coldwell Banker Realty.
He’s co-listing with Marsha Charles, also of Coldwell Banker Realty.
The seven-bedroom, 8.5-bath house was built in 1956 and has an equally large $8 million price tag. Even at that amount and after mere hours on the market, “We already have somebody interested in the house,” Safdie says.
True to Wright’s Usonian design approach, the kitchen is a galley-style space; and trademark details such as concrete-block walls, a flat roof, walls of windows, built-ins, ample use of curved lines, and Philippine mahogany abound throughout the home. A Cherokee-red, iron gate marks the home’s entrance.
Wright himself is said to have occupied “Tirranna,” as the house is known, during his work on New York City’s Solomon R. Guggenheim Museum in the 1950s, the listing notes.
The seller bought the home in 2018 for $4.8 million and worked with the Frank Lloyd Wright Conservancy to maintain it.
New Canaan is a 40-minute drive from New York City and home to famed architect Philip Johnson’s Glass House, among other midcentury modern masterpieces.
Set on 14 acres, the property includes the house, a barn (with a bedroom, bath, and lots of storage), pool, and tennis court.
And tucked into the scenic grounds, there’s even a waterfall. Wright hired Frank Okamura to create the home’s landscaping.
A rooftop observatory allows for further communing with nature.
The home’s one-time bomb shelter was converted into a wine cellar, suiting architecture-minded oenophiles. Some furnishings in the house, which were designed by Wright, are included with the sale.
The dwelling’s concrete construction extends to the fireplace, which also flaunts gold leaf on three sides.
A five-car garage is included in the listing, and the owner maintains a chicken coop and beehive on the property.
Some of the home’s updates were made by Wright’s son-in-law, William Wesley Peters, who is also an architect.
So, who will jump at the chance to live in one of Wright’s celebrated Usonians?
On a grand scale, “you can’t really put a price on it,” says Safdie. “This is a special home, and it hasn’t aged.”
He adds that the buyer will likely be “somebody who is interested in architecture and special homes. It could be an international buyer.”
Watch: Group Project! See How This Former Pennsylvania School Was Turned Into Gorgeous Apartments
Elite airline status can deliver frequent flyers a lot of perks, including free checked baggage, priority boarding access and even complimentary upgrades.
United Airlines has four published elite status levels. Of these, Premier Platinum is the second-highest tier. Here’s a look at United Platinum benefits, how to earn this status and how much it’s worth.
United Premier Platinum perks
United’s MileagePlus program provides those with elite status a variety of benefits intended to make flying simpler and more lucrative. Here’s what you get once you reach Premier Platinum status:
9x miles on flights. For every eligible dollar spent on airfare, members will earn 9 United miles.
Free checked bags. Premier Platinum members get three complimentary checked bags weighing up to 70 pounds each.
Priority check-in. Take advantage of the Premier Access check-in desk, where it’s available.
Priority boarding. Members and their companions receive Group 1 boarding.
Priority security. In airports with priority screening, Premier Platinum members have access to faster security.
Free same-day changes. Free confirmed changes to other eligible flights within 24 hours of boarding.
Better seating. Complimentary access to Economy Plus or preferred seating for the member and up to eight companions when booking.
Unlimited, space-available complimentary upgrades. Upgrades to first class begin clearing at 72 hours before your flight.
Instant upgrades on eligible fares. Those purchasing a Y or B fare class will receive an instant upgrade to first class if space is available.
United Club membership discount. A $50 discount off the regular annual cost of a United Club membership.
Access to sold-out flights. Ability to purchase Y-fare-class flights up to two hours before departure.
PlusPoints. Platinum members receive 40 PlusPoints per year, which can be used to confirm upgrades to premium cabins starting when you book.
More award availability. Those with Platinum status and above have access to better award availability for premium cabins.
Waived fees. Fees charged for booking by phone are waived.
Star Alliance Gold status. Includes benefits such as free checked bags, lounge access, priority check-in and more on eligible partner alliance bookings.
Avis elite status. Complimentary Avis President’s Club elite status.
How to earn Premier Platinum elite status
To earn Premier Platinum status with United, you’ll need to complete the following requirements within a calendar year:
Fly at least four segments with United or United Express.
Complete 36 premier qualifying flights (PQFs) and earn 12,000 premier qualifying points (PQPs). If you don’t meet the PQF threshold, you can qualify by earning 15,000 PQPs instead.
A PQF is determined by the number of flights you’ve taken with United or a partner airline. Each segment within an itinerary counts as a flight, so if you have a layover on a one-way trip you’ll receive two PQFs, whereas a nonstop flight would earn you one PQF.
The amount of PQPs you’ll earn is determined by the cost of your ticket (base fare plus carrier-imposed surcharges), along with certain eligible upgrades you can purchase.
Award flights are eligible to earn PQFs and PQPs. Each flight segment is worth one PQF, and you’ll earn one PQP per 100 miles redeemed for your itinerary.
How much is United Premier Platinum status worth?
How much is United status worth? In general, airline elite status relies pretty heavily on luxury benefits such as priority check-in and faster access to phone agents that don’t have a price tag attached to them.
However, there are quite a few included perks you would otherwise generally have to pay for, such as checked bags, an upgraded seat and lounge access.
In our analysis of major U.S. airlines, NerdWallet ranks United Platinum second among similar high-tier statuses. It trails behind Alaska’s MVP Gold 75K, which provides a 63% return on spend in our calculations.
Premier Platinum status, meanwhile, provides a 49% return on your investment.
According to our analysis, it costs an estimated $12,658 to earn Platinum status. For that investment, you’ll receive perks worth roughly 49% of that amount, or $6,235.
What else you need to know
PlusPoints upgrades can be incredibly valuable. Upon earning status, Platinum members receive 40 PlusPoints, which can be used to confirm upgrades on flights ahead of time.
Although it’s possible to use those 40 PlusPoints to upgrade two domestic flights to first class (they cost 20 PlusPoints apiece), it’s generally a far better value to use these for a long-haul international flight.
It costs as few as 40 PlusPoints to upgrade from an economy class long-haul flight to United’s Polaris business class, which features a lie-flat bed, superior food and drink options, and even pajamas.
Even better, there’s no limit to which flights are eligible, which means those 40 PlusPoints could be used on the longest, most expensive flights, where the price difference between economy and business class can be thousands of dollars.
United Platinum status is valuable
Although it takes work to earn elite status with an airline, it can often be worth it, especially if you travel often. This is the case with United’s Premier Platinum status, which provides a bevy of benefits to those who invest.
Along with perks such as free checked bags, better seating and complimentary elite status with other partners, Platinum members receive 40 PlusPoints, which can be used for incredibly valuable international business class upgrades.
(Top photo courtesy of United Airlines)
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
Yes, your home tells your story and yes, it has a lot to say about your personality.
Now that we’ve gotten that one out of the way, let’s also jump past common situations like I live in a rental or I still live with my parents. Even if you haven’t gotten a chance to decorate your own dream home yet, there are still many aspects in your current home that make it yours.
Are you a neat freak or the type that finds order in chaos? Either way, without going into detail, your home is a quick tell of whether you’re an extrovert or an introvert. Customize and personalize your home so it will tell the truth about you. Write your own story before others do.
Let’s see some of the major telling signs of personality traits your home is sending out.
Your overall messiness or cleanliness
A lot of studies point to messy people being more likely to be creative. It appears that they can come up with better ideas in a messy environment. Obviously people can also assume you’re just lazy…. it depends on who’s judging.
On the flip-side, if you’re obsessed with cleanliness, empty counters and organizing everything around the house, you’re likely to be a Type A personality.
This means you’re outgoing, organized, love a seamless appearance and prefer aesthetic to function.
Experts have also taken their research up a notch and found that orderly people have the messiest sock drawers. The explanation for this would be that they are more concerned with prioritizing and organizing more important parts of their lives. Well… nobody’s perfect. 😅
The plain truth is that most of us can’t keep our houses spotless all the time.
But if you are one of the rare few with no hidden messes, you may be a fairly more anxious person trying your best to control everything in your environment.
The color palette you choose
As you probably know already, colors have particular connotations and they can tell a great deal about your personality.
The colors you choose for your walls, furniture or other decorations will set the mood inside your home and can show others if you’re a fiery or more of a laid-back person.
Or let’s oversimplify nicely: gold belongs to the luxurious one; red is associated with passion; green is mostly chosen by adventurous people who love nature; yellow shows positivity and optimism; blue is for the chilled one; black belongs to the deep thinker; pink is mostly chosen by joyful and loving people, purple by daring ones and so on.
Apparently, choosing a neutral palette means that you are a peacemaker, but white in particular says that you are a confident person. Who knew?
Window treatments and decorations
This is a good one! You’ve definitely passed by a house with long drapes and blinds that are always shut.
You instantly know that the person who lives there is not that chatty and wants to be left alone. They’re the ones most likely to say “I’m not buying anything, go away!”
On the other hand, if you choose window treatments in light or bright colors, you may be a joyful person who loves natural light and open spaces.
Displaying some pretty flower arrangements in your window will not only show that you’re a happy person, but also that you’re willing to share your happiness.
Extra seating
If you have more than enough stand-alone chairs, couches, bean bags and so on, you’re most likely a social person that loves having people over as often as possible.
You clearly love entertaining and care about your guests’ comfort.
Introverts have the tendency to have less seating places. Their home is their sacred shelter, it’s intimate and it’s usually designed to fit their needs.
Art display and accessories
Art décor and accessories can tell stories about our lives — they talk about places we’ve been, things we like to do and showcase our passion for art.
You know your host is an art lover or an artist when there are paintings and interesting sculptures all over the place. People can easily draw the conclusion that you’re a family person if you display lots of pictures with your family members.
Also, if you love decorative decanters, candles and untouched fine china, you’re probably very ambitious and you know that small things make a big impression.
Whether you’re a collector or you simply like showing others what you’re interested in, accessories are a great way to add uniqueness to your home.
Typically when people think of an IRA or what you can hold in an IRA, they think of stocks, bonds, mutual funds, CDs, maybe even money markets. What a lot of people don’t know is that there are other things that you can hold in your IRA other than the usual suspects. Some of the things that people would like to hold in an IRA but they can’t are insurance policies, certain collectibles such as art, antiques, metals, rugs, gems, stamps, coins, or even maybe alcoholic beverages such as wines. Please see IRS Pub 590 for more information on what collectibles can’t be held into an IRA. Unfortunately, none of those can be held in an IRA. On the bright side here are eight things that can be held in your IRA.
1. Certain gold and silver coins minted by the US treasury.
These include the Gold Eagle and Silver Eagle Coins. You may also vest into high quality gold, silver, or platinum and palladium bouillon
2. Stock from an initial public offering.
Most are familiar with the letters “IPO“. If a company has never issued equity before, it would be considered an IPO. Since it’s an entirely new issue, there are certainly more risks involved.
3. Closely held stock.
Private or closed corporation stock offerings are not available to the public on the open market. Normally, they are made to pre-qualified individuals. These offerings must comply with the securities Blue Sky laws in the state in which the offering is made. The number of individuals included in the offering cannot exceed the maximum stipulated by state law.
These offerings, usually made by corporations seeking capitalization, can be in any class of stock described in their prospectus. Many corporations act as their own registrar as well as transfer agent. They may or may not use market makers for their offerings. Purchases and sales are described in their offering materials, which you should study closely.
4. Real estate Investments.
If you watched as much Flip That House as I have, you know that flipping a home can be a good real estate investment. But who ever thought you could hold that real estate in an IRA, right? Here some of the type of property that you can hold:
Single family and multi-unit homes
Apartment buildings
Co-ops
Condominiums
Commercial property
Improved or unimproved land (leveraged or unleveraged)
You can use a special type of IRA to hold real estate called a self-directed IRA. You can use a company called Equity Trust to hold your self-directed IRA.
5. Limited Partnerships
A partnership is a type of unincorporated business organization in which multiple individuals, called general partners, manage the business and are equally liable for the debts of the business.
Other individuals, called limited partners, may invest in the business but are not directly involved in management. Limited partners are liable only to the extent of their investments.
Unlike a limited liability company or a corporation, partners share equal responsibility for the company’s profits and losses, and its debts and liabilities.
The partnership itself does not pay income taxes, but each partner has to report their share of business profits or losses on their individual tax return. Estimated tax payments are also necessary for each of the partners for the year in progress.
General Rules Regarding Partnerships in a Self-Directed IRA or Real Estate IRA
Here are some general rules regarding self directed partnership investments in your self-directed individual retirement account or real estate IRA:
The partnership agreement must permit an individual retirement account or a qualified plan to be a partner.
The partnership must comply with the appropriate state law, have a determinate life, and be assignable.
The partnership subscription agreement must be signed by you as having been read and approved, and will be executed by Entrust for your benefit.
Partnerships may be subject to unrelated business income (UBIT) and other taxes. It’s important to consult your tax advisor for proper direction.
6. Oil and gas royalty interest.
Minerals, royalties and overriding royalties receive revenues from the production of oil and gas from a well without paying the drilling or monthly operating expenses from the well.
The term “royalties” can be used interchangeably to mean mineral interests, royalty interests, or overriding royalty interests. However, there is a difference between minerals and royalties, and an even greater difference between overriding royalties and both minerals and royalties. The similarity between mineral interests and royalty interests is that both involve ownership of minerals under the ground. Both receive portions of the income from the production of oil and gas. However, the difference is that the owner of a mineral interest also has the right to execute leases as well as collect bonus payments; whereas, the owner of royalty interests does not execute leases or collect bonus payments.
7. Stock options.
Unless you work for a major corporation, you probably aren’t familiar with stock options. Basically, a company will give their employees options on the company stock that can be redeemed hopefully as a gain later on. If held in an IRA, these gains could be deferred.
8. Notes or Mortgages
A note is a vehicle that is used to extend credit from one or more individuals or entities to another individual or individual’s entity.
There are two types of notes:
Secured notes are backed by collateral, providing the lender increased assurance of return of the loan amount and interest, such as mortgages and deeds of trust.
Unsecured notes are not backed by collateral. You might consider an unsecured note for perhaps a friend or a non-disqualified relative, but it is a higher risk—and sometimes reward—than a secured note.
Investing in Trust Deeds and Mortgage Notes
To clear up confusion a trust deed, deeds of trust, and mortgage notes are largely the same investment, depending on the state that you reside in.
These notes may be either in first or subordinate positions and may be purchased from brokers or private parties. Usually, the documentation is recorded at county recorder’s offices, and title to the property is insured as instructed.
Disadvantages of These Investments
While it’s an interesting and unique list, one of the disadvantages of doing so is that most of these types of investments are illiquid. From my personal experience, other than the gold coins, most of my clients have not attempted to hold any of these types of investments in their IRA’s.
For those that are approaching required minimum distribution age at 70 1/2 holding some of these illiquid investments will make it difficult to generate the cash that’s required to be taken out . And by not taking out the RMD you are subject to the 50% penalty that the IRS will impose.
In addition to that, it may be also difficult to find a trustee to actually that will be willing to hold these types of assets. Many investment or brokerage firms are not willing to do the extra work to hold such a unique asset in a self directed IRA.
As Christians, we are called to be good stewards over the money and wealth with which God has provided to us.
So before we consider investing in stocks, we must find out if it is within God’s will!
Is investing in stocks a God-honoring way to grow our finances, or is it really being careless with God’s money?
What Is Investing In Stocks?
What Investing Is Not
Investing is not the same as gambling! This is actually where a lot of Christians develop a fear of the stock market. Most people who make this assumption do so either out of fear or ignorance. Some are fearful of investing because it seems so complicated, so they assume that no one can understand it and so everyone must be gambling! Others just don’t understand the mechanics of investing, or how much information is available to the common investor. It is beyond the scope of this article to catalog all of the ways in which investing is not gambling. Visit here to learn if the trading websites are legal and licensed.
True investing is not a “get rich quick scheme”. The bible is full of warnings about rushing to make money without any effort such as Proverbs 21:5
The plans of the diligent lead surely to advantage, but everyone who is hasty comes surely to poverty.
However, the concept of investing is not about throwing your money after something that you don’t really understand, hastily and without a real plan.
What Investing Is
The basic idea of investing in stocks is this: To participate in and benefit from the growth and earnings of a particular company, through purchasing shares of ownership. When someone has extra money and they want to look for legal ways to make that money grow, that is considered investing. The stock market gives individuals the unique opportunity to profit off of the growth and ingenuity of some of the world’s largest companies!
Does Investing In Stocks Show A Lack Of Faith In God?
Now that we have taken a very brief look at what investing is and isn’t, we now must consider whether someone who invests is demonstrating a lack of faith. Matthew 10:5-11:1 is a common passage that is brought up whenever discussing planning for the future, and trusting in God. This is where Jesus sends out his 12 Apostles to preach His word, heal the sick, and perform various miracles throughout Israel.
He gives them instructions on where to go, what to do, and dangers to look out for (and even uses this time to talk about future things). However it is Jesus’ instructions on what items to take along for the journey, that we want to take a look at now…Matthew 10:9-10 says:
Do not acquire gold, or silver, or copper for your money belts, or a bag for your journey, or even two coats, or sandals, or a staff; for the worker is worthy of his support.
As we see here, Christ was teaching them to trust in the Lord for all provision and care. This would be experienced through the kindness of those to whom they ministered in these various towns. They were not to take extra materials with them (planning for their future need), because God would work things out so that they would have all that they need!
This should be a great encouragement to us as believers because we know that God is able to provide for us no matter what our current situation may be.
However, there is something that we need to take notice of when considering this passage. First, Jesus’ words to the apostles were specific for this journey. We can see that from looking at His words to these same men in Luke 22:35-36
And He said to them, When I sent you out without money belt and bag and sandals, you did not lack anything, did you?” They said, “No, nothing”. And He said to them, “But now, whoever has a money belt is to take it along, likewise also a bag, and whoever has no sword is to sell his coat and buy one”.
He is now telling them to use normal means to provide for themselves (storing and planing for the future, buying, selling, etc), rather than just to go out with the bare minimum and count on God’s providence in a more pronounced way (as in the Matthew 10 passage).
This passage in Luke 22 is describing Jesus Christ’s last words to his disciples before he was crucified. He was giving them instructions on how to carry out God’s mission for them after His death. Therefore, it is clear that God was not condemning the concepts of investing, saving, and preparing for the future in Matthew 10, because he then instructs the disciples to make these concepts a part of their lives at the end of His earthly ministry.
So based on a proper understanding of God’s intention when sending the apostles out to preach, we can see that the ideas of investing and faith do not contradict one another.
Another idea that is often brought up is that of God’s general promise of provision negates the need to invest or plan for the future. In Matthew 6:25-33 we find these words:
25 “Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes? 26 Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? 27 Can any one of you by worrying add a single hour to your life?
28 “And why do you worry about clothes? See how the flowers of the field grow. They do not labor or spin. 29 Yet I tell you that not even Solomon in all his splendor was dressed like one of these. 30 If that is how God clothes the grass of the field, which is here today and tomorrow is thrown into the fire, will he not much more clothe you—you of little faith? 31 So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ 32 For the pagans run after all these things, and your heavenly Father knows that you need them. 33 But seek first his kingdom and his righteousness, and all these things will be given to you as well.
Matthew 6:25-33
…But we urge you, brethren, to excel still more, and to make it your ambition to lead a quiet life and attend to your own business and work with your hands, just as we commanded you, so that you will behave properly toward outsiders and not be in any need.
1 Thessalonians 4:10b-12
For even when we were with you, we used to give you this order: if anyone is not willing to work, then he is not to eat, either. For we hear that some among you are leading an undisciplined life, doing no work at all, but acting like busybodies. Now such persons we command and exhort in the Lord Jesus Christ to work in quiet fashion and eat their own bread.
2 Thessalonians 3:10-12
As we can see, God’s normal way of provision is to line up your abilities with someone who is willing to pay for those abilities, so you can work to support yourself. The ideas of God sustaining us and our human efforts go hand in hand. However, we must be certain to look to God not even Solomon in all his glory clothed himself like one of these.
30″But if God so clothes the grass of the field, which is alive today and tomorrow is thrown into the furnace, will He not much more clothe you? You of little faith! 31″Do not worry then, saying, ‘What will we eat?’ or ‘What will we drink?’ or ‘What will we wear for clothing?’ 32″For the Gentiles eagerly seek all these things; for your heavenly Father knows that you need all these things. 33 “But seek first His kingdom and His righteousness, and all these things will be added to you.
As you can see, Jesus tells his followers not to worry since God will provide the basic necessities of life – if He does it for birds and flowers, He will surely do it for His children (those who seek after His kingdom)! However, this passage does not promote a sinful life of laziness, where we just sit around and pray and read the Bible, and food, money, shelter, and all of our other needs will just fall from the sky. Even the birds have to work to build nests, find food and care for their young, but ultimately, it is God who provides for them all.
God’s provision means a lot more than just raining down the things that we need without us doing any work for them. God oftentimes will provide for us by giving us the ability to earn money – for at all times for His sovereign will to be done in our lives!
Of course, there are more things that can be said about how those common verses that are used to teach that investing and planning for the future is equal to lacking faith in God, don’t teach that at all. However, I think that we’ve seen enough from God’s word to make that clear. Let’s move on to the main question at hand.
What Does The Bible Say About Saving And Investing?
The bible actually has quite a bit to say about investing for the future, but I just want to look at one main example and then give a few verses as well. Let’s take a look at the “Parable of the Talents” to see what God has to say about investing:
14″For it is just like a man about to go on a journey, who called his own slaves and entrusted his possessions to them. 15″To one he gave five talents, to another, two, and to another, one, each according to his own ability; and he went on his journey. 16″Immediately the one who had received the five talents went and traded with them, and gained five more talents. 17″In the same manner the one who had received the two talents gained two more.
18″But he who received the one talent went away, and dug a hole in the ground and hid his master’s money. 19″Now after a long time the master of those slaves came and settled accounts with them. 20″The one who had received the five talents came up and brought five more talents, saying, ‘Master, you entrusted five talents to me. See, I have gained five more talents.’ 21″His master said to him, ‘Well done, good and faithful slave You were faithful with a few things, I will put you in charge of many things; enter into the joy of your master.’
22″Also the one who had received the two talents came up and said, ‘Master, you entrusted two talents to me. See, I have gained two more talents.’ 23″His master said to him, ‘Well done, good and faithful slave. You were faithful with a few things, I will put you in charge of many things; enter into the joy of your master.’ 24″And the one also who had received the one talent came up and said, ‘Master, I knew you to be a hard man, reaping where you did not sow and gathering where you scattered no seed. 25’And I was afraid, and went away and hid your talent in the ground. See, you have what is yours.’
26″But his master answered and said to him, ‘You wicked, lazy slave, you knew that I reap where I did not sow and gather where I scattered no seed. 27’Then you ought to have put my money in the bank, and on my arrival I would have received my money back with interest. 28’Therefore take away the talent from him, and give it to the one who has the ten talents.’
29″For to everyone who has, more shall be given, and he will have an abundance; but from the one who does not have, even what he does have shall be taken away. 30″Throw out the worthless slave into the outer darkness; in that place there will be weeping and gnashing of teeth. ~ Matthew 25:14-30
I believe this to be the clearest picture of investing what God has given us in order to bear fruit for His kingdom. The fact that Jesus actually uses money to illustrate this point, should be a clear indication that God has no problem with Christians who take the money that God has given us responsibility over, and wisely invests it! In fact, he expects it!
To be clear, this passage goes way beyond money and points to whatever talents and spiritual gifts we have. The point is that God expects us to use what He gives us, and it is, therefore, a sin to bury them in the ground and fail to use it. Because of our economic system, money is the thing that we use in order to sustain ourselves. In times of surplus, we are to give abundantly and invest and save for the future, so that in times of lack, we will have provision stored up for us!
This was true in Egypt when God led Joseph to plan to save 20% of the harvest for 7 years in preparation of the devastating famine (Genesis 41:33-36). We can also see it in the rebuke of the lazy man in Proverbs 6:6-11:
6 Go to the ant, O sluggard, Observe her ways and be wise, 7 Which, having no chief, officer or ruler, 8 Prepares her food in the summer and gathers her provision in the harvest. 9 How long will you lie down, O sluggard? When will you arise from your sleep? 10 “A little sleep, a little slumber, A little folding of the hands to rest”– 11 Your poverty will come in like a vagabond, and your need like an armed man.
Here are a few more verses about saving and planning & investing for the future:
Proverbs 10:5 – He who gathers in summer is a son who acts wisely, but he who sleeps in harvest is a son who acts shamefully.
Proverbs 21:5 – The plans of the diligent lead surely to advantage, but everyone who is hasty comes surely to poverty.
Proverbs 24:27 – Prepare your work outside and make it ready for yourself in the field; Afterwards, then, build your house.
Luke 14:28-30 – For which one of you, when he has laid a foundation and is not able to finish, all who observe it begin to ridicule him, saying, ‘This man began to build and was not able to finish.’
1 Chronicles 22:5 – David said, “My son Solomon is young and inexperienced, and the house that is to be built for the Lord shall be exceedingly magnificent, famous and glorious throughout all lands. Therefore now I will make preparation for it.” So David made ample preparations before his death.
As you can see, God has a lot to say about planning and investing for the future.
Reader Questions:
Why do you think the bible speaks about finances and planning for the future so often?
Do you allow God’s word to impact your investing decisions?
Known as the Home of the Blues, Memphis is a music lover’s paradise, but there are plenty of other reasons to visit this incredible city. You’ll be able to explore its deep history, both in terms of music and the heart of the Civil Rights Movement of the mid-20th century. Plus, there are museums, parks, and more waiting.
Here, you’ll learn more about the best things to do in Memphis, Tennessee, as well as discover ideal times of year to visit. In addition, you’ll get a good idea of the average trip costs so you can budget accordingly.
Best Times to Go to Memphis
Memphis is at its most comfortable during the spring and fall months, typically from late April through the beginning of June and again from late August to the middle of October. For instance, in April, you’ll find temperatures in the 70s during the day, and in October, you’ll experience similarly warm temperatures.
For music lovers, also consider visiting for the annual Beale Street Music Festival, which takes place each May. Some of music’s biggest names perform at this three-day event. 2022’s headliners included Megan Thee Stallion and Van Morrisson, so you know there’s something for everyone.
Recommended: Where to Find Book Now, Pay Later Travel
Bad Times to Go to Memphis
Summer and winter will be less crowded in Memphis, but the weather is less than ideal for many. Summer travel in Memphis can be hot and humid. The average high temperature in July is in the 80s to low 90s Fahrenheit, making that one of the worst times to visit Memphis. Late fall and early winter tend to be cloudy in Memphis, but there’s not a high chance of snow. Rainfall tends to peak in early December and mid-April.
Average Cost of a Memphis Vacation
Before you start making a list of the top things to do in Memphis, get an idea of how much a trip there will cost you once you arrive. According to Budget Your Trip, an individual spends an average of $34 on dining every day. Local transportation is actually more expensive at $47 per day, so you might want to look into renting a car to get around.
Hotels, however, can be reasonably priced at around $134 per night in Memphis, and perhaps even less if you try some hacks to save money on hotels.
Here’s how the costs break down if you plan to spend a week in the city; there will be some incidentals as well:
• One Person Total: $1,172
• Two Person Total: $2,343
One note: You may want to also budget for travel insurance in case the unexpected were to happen, or look into what kind of credit card travel insurance your issuer provides.
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10 Fun Must-Dos in Memphis
As you plan a trip to this Tennessee city, you’ll likely want to map out an itinerary, even if just loosely, to make sure you hit the highlights. Here, culled from top online reviews and seasoned travelers, is advice on the 10 best things to do in Memphis.
1. Pay Homage to the King
We would be remiss to start off a list of best things to do in Memphis without mentioning Graceland, the home of iconic singer Elvis Presley. Open for tours on a daily basis, your ticket gives you access to 120 acres. Explore Elvis’s mansion (including the Jungle Room), his most iconic outfits, and the exterior grounds.
There are also on-site museums dedicated to the King of Rock ‘n Roll’s career and cars. If you really want to make the most out of your time at Graceland, you can also stay at a hotel on the grounds. If staying in the city, consider a rental car or shuttle for the 20-minute drive. Ticket prices range from $28 to $215 for the Ultimate VIP Tour. (If you’re buying the top of the line tickets, you may want to swipe with plastic when paying to earn credit card rewards.) graceland.com/
2. Visit the National Civil Rights Museum
Memphis is also known for another King — civil rights legend Dr. Martin Luther King, Jr., was assassinated at the city’s Lorraine Motel in 1968. Now the location has been transformed into the National Civil Rights Museum with interactive exhibits, films, and oral histories cataloging centuries of the quest for freedom and equality in America.
Exhibit material starts with the struggle against slavery in the early 1600s and moves forward through today’s continuing Civil Rights Movement. Walk through a recreation of the Montgomery Bus Boycotts of the 1950s, the Memphis Sanitation Strikes, and more. The museum is closed on Tuesdays so plan your visit in advance. civilrightsmuseum.org/
3. Stroll Down Beale Street
This nearly two-mile stretch of road in downtown Memphis is a celebration of all things music. Considered the official Home of the Blues, you’ll find clubs and restaurants to satisfy any music lover’s thirst for live entertainment.
There’s always something going on at Beale Street. Just show up to explore on your own, or download the official app to create a plan. Note that a security checkpoint goes up on Friday and Saturday nights. Those under 21 must be accompanied by an adult after 9 p.m., and the street is strictly 21+ after 11 p.m. In other words, weekend nights on Beale Street are on the list for fun things to do in Memphis for adults but not kids. bealestreet.com/
4. March with the Peabody Ducks
One of the best things to do in Memphis with kids is to head to the downtown Peabody Hotel for the daily Duck March. Occurring at 11 a.m. and 5 p.m. each day, this decades-long tradition involves five North American mallards who live at the hotel. Each group of ducks lives at the hotel for three months before returning to farm life outside the city.
They’re brought down from their Royal Duck Palace on the rooftop to swim in the lobby fountain. Participants must be at least five years old, and the hotel recommends arriving 30 minutes early to get a seat. Seeing the Peabody Ducks is definitely an affordable family travel option. peabodymemphis.com/peabody-ducks
5. Tour the Belz Museum
What started out as a private art collection has turned into five permanent exhibits displaying Asian and Judaic art, as well as the Holocaust Memorial Gallery. The Belz Museum also brings in special exhibits twice a year.
One of the most comprehensive collections at the museum is the Chinese art exhibit, which is known as the largest such collection in the southeast United States. You’ll see many pieces from the Qing dynasty, which lasted from the mid-1600s through the early 1900s. The Belz Museum is closed Monday and Tuesday.
6. Take in Some Thrilling Basketball
Love basketball? Check out an NBA game at FedExForum, which is home to the Memphis Grizzlies (nba.com/grizzlies/tickets). The season runs from October to April. The stadium also hosts University of Memphis men’s basketball, which is a NCAA Division I. You can also check out the Division I women’s team on campus at the Elma Roane Fieldhouse.
7. Marvel at the Mighty Lights
Put this on your list of free things to do in Memphis: the nightly Mighty Lights on the downtown waterfront. Every evening, the city’s two iconic bridges (the Hernando de Soto and Harahan) are lit up in a huge display of LED lights. You’ll see the show at the hourly and 30-minute marks starting at sundown, followed by a grand final at 10:30 p.m.
Scout out a spot to watch along the Mississippi riverfront parks, or scope out an aerial view in the city. The Fourth Bluff and Mud Island are both good options to check out. mightylights.com/
8. Snap Selfies at Mud Island River Park
Tap into your inner river rat at Mud Island River Park. It takes just a few minutes to walk to it from downtown Memphis, and you’ll enjoy lounging on this Mississippi River island. It’s also a perfect spot for some social media selfies thanks to the huge Memphis sign, which spans 50 feet.
This 52-acre park also features a scale model of the Mississippi River to give you a sense of the true breadth of the world’s third largest river basin. Traveling with pets? Mud Island is also a great location for a long walk with your dog. memphisparks.com/park/mud-island-park/
9. Drop into the Stax Museum of American Soul Music
Not only is Memphis home to the blues and rock ‘n roll, it has also played a pivotal role in America’s soul music scene. The Stax Museum is the original home of the legendary Stax recording studio, which was the recording label of iconic artists like Otis Redding, Isaac Hayes, Shirley Brown, and many others.
Explore the rich history of the studio through exhibits and artifacts. You’ll even get the chance to see Isaac Hayes’ custom Cadillac Eldorado, decked out in 24-karat gold trim with a mini-fridge and television on the inside. The Stax Museum is closed on Mondays; tickets are $13 for adults and $10 for kids 9-12; children 8 and under are free. staxmuseum.com/
10. Wander Through Meeman-Shelby Forest
Needa dose of nature? Memphis has that, too! Head 20 minutes outside of downtown Memphis for the enchanting Meeman-Shelby Forest. You can explore 13,000 acres of wilderness that is home to a diverse range of ecosystems. Discover sandy beaches and swamplands (home to the Bald Cypress tree).
There are plenty of recreational activities to enjoy, including trails, a nature center, and a disc golf course. tnstateparks.com/parks/meeman-shelby
The Takeaway
From a huge music scene to pivotal moments in history, from parks to nightly light shows, Memphis has attractions worth exploring for all ages. It doesn’t matter if you have a few days or a full week — it’s easy to fill your schedule with tons of fun things to do in Memphis on any budget.
FAQ
Is Beale Street worth a visit?
Beale Street is considered a must-visit if you’re visiting Memphis, whether it’s your first time or you’ve vacationed there before. Home of blues music, you’ll get a truly unique flavor of entertainment any time of day or night.
What is the best month to visit Memphis?
If you have a completely open calendar and are ready to head to Memphis at the perfect time of year, consider going either in mid-spring or mid-fall. You’ll miss the heat of summer and clouds of winter, so you can explore the top things to do in Memphis, Tennessee, in the best possible weather.
What is Memphis most popular for?
Memphis is best known for its music scene, both historically and today. It’s considered the home of the blues as well as the hometown of rock ‘n roll (Elvis Presley’s Graceland is there), so you’re sure to find something to enjoy.
Photo credit: iStock/benedek The SoFi Credit Card is issued by The Bank of Missouri (TBOM) (“Issuer”) pursuant to license by Mastercard® International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. 1See Rewards Details at SoFi.com/card/rewards. 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. Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners. SOCC0223049
Many airlines, hotels, theme parks and cruise lines pay year-round tribute to those who serve our country with various discounts and benefits. Sometimes these deals are available only to active-duty military personnel, and sometimes the perks extend to U.S. military veterans and their families as well.
Related: The best credit cards for active-duty military members: Get waived annual fees
No matter the form these travel benefits take, they all reflect the gratitude the travel industry feels toward those who have sacrificed so much to protect our country.
Here are the perks that military members can take advantage of on their travels.
Military hotel discounts
Marriott Bonvoy
Marriott Bonvoy and its many brands have discounted federal, state and local government rates available to government and military personnel. To access the discounted rates, choose the “Government & Military” option from the “Special Rates” drop-down menu when searching for a stay. You’ll get a list of all the Marriott Bonvoy properties in your chosen city that offer special rates and their eligibility requirements.
Hilton
Federal and U.S. military employees are eligible for military rates and discounts at participating Hilton properties. When searching for rooms online, check the box labeled “Government/Military Rates” to see the applicable rates. Plus, there’s a discount on leisure stays for active and retired military members and their families at participating hotels and resorts (though the rate is not valid for official government or military travel).
Best Western
Best Western properties across the U.S. offer discounted rates for veterans, military members and government personnel.
Plus, Best Western’s Service Rewards Program — the hotel chain’s award program tailored to members of the military and armed forces — unlocks even more member benefits, including an automatic upgrade to Gold status and bonus points on qualified stays.
Hyatt
Veterans, active-duty members and their immediate family members are eligible for a discount of 10%-15% off Hyatt’s standard rate at participating hotels. To get the discount, use the offer code MILVET while booking.
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Wyndham
Participating Wyndham properties offer discounts of up to 15% off their best available rate to active and retired military personnel, veterans and their families. Plus, qualifying military personnel and their spouses get automatic Gold-level status when they enroll in the Wyndham Rewards program and bonus Wyndham Rewards points for qualified stays.
B Hotels & Resorts
To honor military members, B Hotels & Resorts is offering an exclusive “B Saluted” discount of 15% off regular rates and two welcome drinks per stay to military members, veterans and their families. B Hotels & Resorts has locations in Orlando, Fort Lauderdale and Marathon, Florida.
IHG
The hotel chain behind such brands as InterContinental, Holiday Inn, Crowne Plaza, Kimpton and others offers a “Military Leisure Rate” at participating locations across the U.S., Canada, and Central and South America. It applies to active-duty military personnel, veterans, retired military personnel and their families.
Choice Hotels
Choice Hotels — which includes brands such as Comfort, Sleep Inn and Quality Inn — extends a discounted rate for official and leisure travel to active-duty and retired military personnel, their dependents and members of several military associations. Plus, active-duty military members, veterans and military spouses are eligible to join the Choice Privileges rewards program at the Lifetime Gold Elite level and receive a bonus 2,500 Choice Privileges rewards points after your first qualifying stay.
Motel 6
Motel 6, along with its sister extended-stay brand Studio 6, offers active and retired military personnel and their families a discount of 10% off standard rates.
Red Roof
Active-duty military personnel and veterans — in addition to government employees — are eligible for a 10% discount on official travel at any U.S. Red Roof location. The hotel chain also has a 10% discount on leisure travel for all government employees and military members, veterans and retirees.
Military airline benefits
Southwest Airlines
There are special fares for military and government travelers, but you must call the airline to book them. Additionally, military members traveling on active duty (in or out of uniform) can board between the A and B groups and are exempt from the limit of two pieces of checked baggage.
American Airlines
American Airlines offers government or military fares in some markets, while veterans and their families can access reduced fares by enrolling in the VetRewards program.
Active-duty military personnel are also allowed Group 1 boarding privileges; they can bring up to five free checked bags when traveling on orders and up to three free checked bags for leisure travel (weight restrictions apply).
U.S. military personnel traveling in uniform on a same-day American flight can enter Admirals Club lounges with their immediate family — defined as a spouse, domestic partner and/or children under 18 — or up to two guests at most Admirals Club locations except for Airspace Lounge at San Diego International Airport (SAN) and JAL Sakura Lounge at Honolulu’s Daniel K. Inouye International Airport (HNL).
Delta Air Lines
Active-duty U.S. service members can call Delta Reservations at 800-221-1212 for discounted fares unavailable to the general public. Delta also offers priority boarding and free checked baggage to active-duty military members. How many bags you are allowed is based on the type of travel and fare type, and you must adhere to the specified size and weight restrictions for baggage.
United Airlines
United offers an additional checked baggage allowance and United Club access to active-duty military members traveling on official orders (immediate family may access the lounge, too). U.S. military veterans, active-duty military, National Guard and Reserve members and their families are also eligible for a 5% discount on United-operated flights through the Veterans Advantage program.
Alaska Airlines
In some markets, Alaska Airlines offers military fares to active-duty military personnel and their dependents when you call Alaska Airlines at 800-252-7522 to purchase your tickets. Active-duty U.S. military personnel can board early, check up to five bags for free, receive 15% off inflight food purchases and receive complimentary day passes to visit an Alaska Lounge when traveling in uniform. All other active-duty military personnel can purchase a discounted day pass for $30. Flight discounts are also available through Veterans Advantage.
JetBlue
Active-duty military personnel not traveling on orders get a 5% discount off the base fare by calling 800-JETBLUE. In a separate offer, JetBlue offers a 5% discount to U.S. active-duty military members, retired military members, veterans, National Guard and Reserve members and their families who are enrolled in Veterans Advantage. Those who enroll in Veterans Advantage also get two free checked bags for leisure trips and up to five when traveling on duty.
Frontier Airlines
Frontier typically charges for carry-on bags and checked baggage. However, active-duty armed forces, National Guard and Reserve members receive a free carry-on bag, two free checked bags and one free personal item. Note: These baggage waivers apply only to active-duty military personnel. Families or traveling companions are not eligible.
Allegiant Air
U.S. active-duty and reserve military members, military veterans, members of the National Guard and their dependents get up to two pieces of checked baggage for free through the Allegiant Honors program. Also, the airline waives its typical fees for oversized checked baggage, a carry-on bag, getting a boarding pass printed at the airport and seat assignments. Qualifying service members can also board their flights early.
Spirit Airlines
Active-duty U.S. military members can check two bags for free and bring a carry-on item on board their flight for free, in addition to the already free personal item.
Military train travel discounts
Amtrak
Active-duty U.S. military personnel, their spouses and their dependents are eligible for a 10% discount on the lowest available fare in select fare classes. During your ticket search on Fare Finder, select “Military” for each eligible passenger. Amtrak also welcomes uniformed military personnel to the front of the ticket line.
Brightline
Active-duty military members traveling in uniform can ride Brightline for free with a reservation. Visit a guest services counter at any Brightline station to receive the discount. Additionally, active-duty military members not traveling in uniform and veterans can receive a 10% discount on fares. Both discounts are for the Smart fare class and cannot be used for Premium fares.
Military theme park ticket discounts
Universal Orlando Resort
Universal Orlando is currently offering a Military Freedom Pass promotional ticket to all active-duty and retired service members. Ticket prices start at $199.99 for unlimited admission between now and Dec. 24, though blackout dates apply. Each eligible service member can purchase up to six promotional tickets, and they must buy them through a participating authorized military ticket and travel office.
Universal Studios Hollywood
Universal Studios Hollywood offers discounted tickets to active-duty and retired military personnel, 100% disabled veterans, Medal of Honor recipients, active Guard and Reserve members, and the spouses and dependents of the people in these categories. Ticket prices vary based on date, and tickets must be purchased at participating military ticket offices.
Walt Disney World
Active and retired U.S. military personnel are eligible for discounted hotel rates and specially priced theme park tickets at Walt Disney World. Blackout dates apply. Hotel stays can be booked by calling 407-939-7830. Tickets must be purchased at a participating U.S. military base ticket office.
Disneyland
Disneyland honors active and retired U.S. military personnel with discounted three- and four-day Park Hopper tickets. The Disney Military Promotional Park Hopper Ticket includes access to Disneyland and Disney California Adventure each day of your ticket, excluding blackout dates. Pricing starts at $245, and you must purchase tickets at a participating U.S. military base ticket office. Hotel discounts are also available by calling 844-776-0015.
Silver Dollar City
Silver Dollar City offers a 30% ticket discount to U.S. active or retired military, veterans and military reservists, along with their spouses and dependent children (ages 4-17) living in their household. In addition to discounted tickets, Silver Dollar City invites all military members and veterans to help raise the American Flag during the park’s daily opening ceremony. Service members are also given a red, white and blue ribbon to wear during their time in the park, allowing employees and guests to thank them for their service.
Busch Gardens and SeaWorld parks
Through the Waves of Honor program, all U.S. SeaWorld, Busch Gardens, Aquatica and Sesame Place parks offer discounted tickets to active-duty military members and veterans.
Dollywood
Dollywood offers discounted tickets stand annual passes to U.S. active or retired military, veterans, military reservists, spouses and dependents. The savings amounts to about 30% off the regular ticket price.
Military cruise benefits
Carnival Cruise Line
Carnival Cruise Line shows its appreciation for active and retired armed forces members with discounted cruise rates, onboard credits and reduced deposits. Additionally, every Carnival sailing has a Heroes Tribute Lounge and holds a military appreciation gathering for service members and their families.
Norwegian Cruise Line
Norwegian Cruise Line’s Military Appreciation Program extends exclusive benefits to military members, veterans and their spouses. Members of the program receive a 10% discount on all cruise fares.
Disney Cruise Line
Disney Cruise Line offers special rates to all military members, active and retired, as well as their spouses. Discounted rates are only available on select sailings, and prices start at $185 per person, based on double occupancy.
Margaritaville at Sea
Margaritaville at Sea honors active and veteran military members with a free two-night cruise through the Heroes Sail Free program. The offer is valid only for ocean-view and interior cabins, and you must be sailing with at least one paying guest in the same cabin. Taxes and fees still apply.
Celebrity Cruises
Active and retired military members can save $25 on inside and ocean-view cabins and $100 on veranda cabins and above on select sailings. This discount applies to the first and second guest in the cabin.
Princess Cruises
Veterans and active, retired and disabled military personnel can receive up to $250 free onboard spending money on select Princess sailings. You can use this onboard credit for specialty dining, onboard boutiques, shore excursions, spa treatments and more.
Royal Caribbean
Royal Caribbean offers military rates to active and retired personnel, veterans and their spouses. The discounted rates also apply to friends and family members staying in the same cabin as the eligible service member. The best way to access the discounted rate is by booking through a travel agent or booking directly with Royal Caribbean over the phone.
MSC Cruises
MSC Cruises offers discounted fares to all active and retired U.S. military personnel, plus family members traveling with them. You can receive a discount of 5% on interior and ocean-view cabins, 10% on balcony and suite cabins and a “kids sail free” promotion on select sailings.
AmaWaterways
AmaWaterways offers active and retired service members a special military discount of $100 off a river cruise when you use the code MIL100 at the time of booking.
Bottom line
A host of benefits await travelers who serve or have served in the U.S. military.
Because these benefits, their requirements and the eligibility of family, spouses and dependents vary, carefully research each military discount offer to avoid any surprises. Many airlines, hotels and other businesses might ask for proof of eligibility, so don’t leave home without the military ID, veteran ID, dependent ID, orders and/or other documentation you’ll need to take advantage of the many travel offers.
Investing requires resolve and a long-term vision, but it doesn’t actually have to involve the stock market. Here’s a guide to non-stock investing options:
Precious Metals
During the Great Recession, precious metal commodities like gold and silver were all the rage. As the stock market lost more than 50 percent of its value, gold and silver started a monumental rise in price. Gold went from around $600 per ounce in 2007 to peak at $1,900 per ounce in 2011.
The prices of the most popular commodities have since fallen from their peak; but had you invested in precious metals for that period of time (and others like it in history), you would have netted a healthy profit for your portfolio.
Relying solely on precious metals for your portfolio is extremely risky, though, and I wouldn’t suggest it. However, commodities do tend to act in an opposite manner to the stock market, and using precious metals as a hedge against volatility can be a great strategy.
Related >> Beginners’ Guide to Investing
Peer-to-Peer Lending
Peer-to-peer lending is one of my favorite alternative investments. It is the ultimate win-win for consumers. Consumer “A” gets a loan from Consumer “B” (and typically a large group of other investing consumers). Then Consumer A gets to pay off high-interest-rate credit card debt that stands at 20 percent with a personal loan that has a fixed term and a fixed interest rate of, say, 10 percent. This also means a fixed payment each month.
For their part, Consumer B and his friends get to enjoy a much higher rate of return than they would be able to reach with cash sitting in the bank. Both sides win: The borrower gets a lower rate and a fixed term to pay off the loan while the lender enjoys a healthy rate of return.
It’s true that some see peer-to-peer lending as a risky asset class because you are relying on strangers to pay the loan back. As with any type of investing, you don’t want to put all your eggs into one basket. Diversifying your portfolio of loans helps tremendously when you do experience a loan that goes unpaid. (Plus, P2P websites like Lending Club and Prosper have collection methods that kick in on borrowers who miss payments.)
I’ve become so enamored with peer-to-peer lending that I decided to embark on a little experiment. I divvied up about half of my Solo 401(k )contribution into both Lending Club and Prosper. The goal of the experiment was two-fold:
See how much interest I could make with this investment strategy.
Compare the two companies to see which one provided better earnings.
Overall, I was pleased with the results. Both companies netted double-digit returns for me, and I plan to add more money into these investments.
Owning a Business
Hands down, I think the alternative investment with the highest potential rate of return is running your own business. This isn’t without risk — the vast majority of small businesses die within five years — but if you can outlast the statistics, it can be extremely rewarding.
I used to work for a company providing financial advisory services. I took a huge leap of faith, started a business, and started blogging. My financial planning business has thrived and my blog has earned well over six figures since I started.
The beautiful thing about running a small business is not only are you the boss, but you can grow and maintain it as much as you want. Maybe you love your full-time job but you want to try out a new skill. Spend your nights and weekends trying it out, earn some extra dough, and keep working full time. Even a little side income can make a huge difference in your financial life, and when you don’t have time to maintain it, then slow down and focus on other priorities.
Related >> Best side jobs for extra cash
Real Estate
If you’re interested in…
-significant cash flow
-leveraging other people’s money
-enjoying large tax write-offs
…then real estate can be a great choice.
Let me be clear so I don’t sound like a late-night infomercial: Real estate investing is difficult. The learning curve is significant. When you first start, you *are* putting all of your eggs in one basket because you will only have one property to rent out or flip. A previous GRS writer shared his experience of rushing into real estate investing.
Many people have lost their shirts trying to get rich with real estate. Even Dave Ramsey went bankrupt based on a series of really poor real estate investments at the start of his career.
Amid all the horror stories about crazy tenants, poor cash flow, and something always breaking, there is some significant income to be had from real estate investing. What’s better is you don’t have to put 100 percent down on a house. You can usually get away with 25 percent to 35 percent as a down payment and let the bank fund the rest of the purchase. This leverage means you can leave more money in reserve for the inevitable issues that pop up or to expand into a larger number of properties faster.
Bonds
Nearing retirement? You’ll want to cut back on your stock allocation and put some of those funds into bonds. You might associate bonds with the stock market because they are so commonly paired with stocks in a portfolio, but technically bonds are traded on the bond market. You won’t generate sky-high returns here, but you will also cut out a majority of the volatility you get from stocks. Very few bond investments have lost 50 percent of their value for two years and then returned 100 percent the next four years.
Related >> Investing 101: How Bonds Work
Investing in individual bonds carries more risk because they are not diversified. If the company that issues the bond goes under, you might not get your principal investment back. However, bond ETFs and mutual funds can provide the non-stock exposure of bonds with the added benefit of diversification.
Certificates of Deposit
The lowly certificate of deposit or CD. Simple. Basic. Low return.
And sometimes. . . just what the doctor ordered.
A CD is a simple financial product where you hand over some cash to a bank or credit union for a set period of time and a set interest rate. If you have less than $250,000 in total assets at that bank or credit union — across *all* accounts — your investment principal is guaranteed by the FDIC. You literally cannot lose the principal balance if you use this method.
The upside of CDs is stability and guarantee. The downside is, at least right now, inflation will be eating away at your principal balance. Certificate of deposit rates are extremely low due to the Federal Reserve’s monetary policies but if rock-solid security is your number one investment driver, this is worth a look.
Related >> Best CD Rates
Annuities
Ewww. . . annuities. Don’t all personal finance bloggers hate annuities?
Listen, I get it. Annuities CAN be bad. Terrible, in fact. Fees, confusing contract terms, and an encyclopedia of fine print.
Most people don’t realize there are several types of annuities: fixed, immediate, variable, equity-indexed, and several more.
Hear me out. The right annuity with the right, sensible, un-scammy terms can be a solid foundation for a retirement portfolio.
In fact, Mike Piper, a previous GRS contributor, shared how you can create retirement income by purchasing the right annuity.
But like any investment, buy with caution. And be wary of commission-hungry, shady advisers just looking to make a sale vs. matching you with an investment that works toward your financial goals.
Yourself
Last but certainly not least, investing in yourself can pay dramatic dividends. I have personally done this in a variety of ways. Besides getting my CFP certification — certified financial planner — another major investment I made in myself was signing up for a coaching program.
I can’t blame you if you’re skeptical about coaching programs. I was too. It’s been more than three years since I signed up for The Strategic Coaching program and it has literally been the best investment I ever made. The mentoring has allowed me to grow my business significantly, and the return on what I paid has been tremendous. It makes a 9 percent return in the stock market look like nothing.
In all, when you think of investing, you don’t have to immediately think of bull or bear markets or even markets at all. There are other avenues to explore. Let us know what’s working for you in the comments section below.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
A business degree can open up doors to many different career paths and can give you the skills you need to be successful in the world of business. However, not all business degrees are created equal. There are a variety of different business degrees available, and each one has its own strengths and weaknesses.
A business administration degree gives you a general introduction to the business world and teaches you the basic skills you need to be successful in the workplace. In addition, it provides a foundation for further study in specific areas of business such as accounting or marketing.
The value of a business degree depends on a variety of factors, including what you hope to gain from the degree, your field of study, and your career goals. However, there are some things to consider when making this decision.
According to PayScale, the average ROI for a business degree is about $1 million. This number takes into account both the cost of getting a business degree and the increased earnings potential that graduates typically experience.
While many jobs require at least some level of post-secondary education, not all jobs require or even prefer candidates with a business degree specifically.
In this article, we will highlight everything you need to make a decisive decision for you.
Why a Business Degree?
There are many reasons to get a business degree.
For starters, they offer great flexibility and come with an abundance of valuable career resources. Additionally, business degrees can lead to even more opportunities in the business world.
Finally, it’s important to note that getting a business degree is very profitable and attractive.
Is a business degree worth it?
There is no one-size-fits-all answer to this question.
A business degree can be an excellent investment if you are looking to start or grow a business or are interested in finance, accounting, human resources, or marketing.
Finally, think about the cost of tuition and other associated expenses.
What Can You Do with a Business Management Degree?
Business management degrees can prepare students for a variety of careers in the business world.
Some possible careers include:
Business analyst
Accountant
Human resources manager
Event planner
Marketing manager
Operations manager
Financial analyst
Business owner
A business management degree can open up a variety of doors for you! You can go into many different industries and have a number of career options available to you.
Business management degrees provide opportunities in growing fields like finance and marketing. In addition, business and financial operations occupations are projected to grow on a national level more than other careers.
This means that if you have a business management degree… You will be entering an occupation that is expected to have continued growth in the future.
Types of business degrees
First, consider what type of business degree you want.
There are three options:
Bachelor of Business Administration (BBA): This is a general degree that provides students with a broad knowledge of business. It includes subjects like management, accounting, economics, and marketing. Perfect for those who want managerial positions or start their own company.
Bachelor of Arts in Business Administration (BABA): This degree consists of business subjects along with humanities and social science courses. This type of degree may be a good option if you want to pursue an international career.
Bachelor of Science in Business Administration (BSBA): This type of degree has a strong analytical and math-oriented focus. It’s excellent for careers like financial analysis.
Once you have decided on the type of business degree you want, consider your field of expertise.
Do you want to work in finance? Marketing? Human resources?
Each field requires specific skills and knowledge. So, make sure the degree you choose will provide you with the necessary training. This would be your minor (area of expertise).
Just remember… Each different types of business degree offer students a variety of opportunities. Thus, can help students develop the skills they need for success in the workplace.
Getting A Business Degree
So why should you consider getting a business degree? First and foremost, they offer great flexibility in careers.
Additionally, most programs come with access to a wealth of career resources that can help you land your dream job after graduation.
And finally, having a business degree is highly profitable and attractive in the current job market.
Whether you’re just starting out in your career or looking to advance further, getting a business degree is an excellent choice.
They provide students with valuable skills for entry-level positions that are highly sought after by employers. Plus, an accredited program will likely lead not only to an invigorating educational experience but also to a job that meets your needs and drives your passions
Is Business a Good Major?
There are associate’s degrees, undergraduate degrees, and graduate degrees in business administration available at schools across the country. Which one is right for you? That depends on your goals and what you want to study.
If you’re not sure what you want to study, or if you want to explore your options before making a decision, consider an associate’s degree in business administration first. This type of degree can give you a basic understanding of the field. Then, it can help you decide if you want to continue your education or go into the workforce directly.
If you already know that you want to study business administration at the undergraduate level, then look for a school that offers a broad range of courses in this area. So, you can gain exposure to as many different aspects of the field as possible.
If you’re interested in pursuing a career in business administration but want to take your education one step further, consider a graduate degree in business administration. This type of degree can prepare you for management-level positions and help you stand out from the competition.
Pros of getting a business degree
A business degree can give you many advantages in your career!
Help you advance in your career.
Give you the skills you need to start your own business.
Teach you how to manage a company effectively.
Help you develop marketing and sales skills.
Pursing a business degree may lead to a rewarding educational experience! As well as a career that meets your needs and drives your passions.
In addition, there are plenty of accredited colleges and universities that offer online business degrees. These choices are often convenient and affordable.
Pro #1 – Versatility of a business degree
A business administration degree program can provide a diverse range of career options and prepares students for success in any industry.
Business administration courses are foundational for a variety of careers.
Core coursework in areas such as:
Finance
Accounting
Marketing
Management
These areas of study teach students how to think critically and make sound decisions in a variety of business scenarios.
In addition, many programs offer specializations or concentrations in specific fields such as:
Entrepreneurship
Human resources
Information technology
Thus, allowing students to focus their studies on an area that interests them.
Business graduates are well-prepared to take on a variety of roles within organizations. Plus can usually find jobs with good pay and benefits.
And because the skills learned in business school are applicable in so many different settings, graduates typically have multiple career options available to them if they decide to change jobs or careers down the road.
Pro #2 – Advancement Opportunities
Employers respect and value a business degree from a well-respected school, which can open doors to advancement opportunities.
With a business degree, you can move up the corporate ladder more quickly or start your own successful company.
In addition, a business degree gives an individual the ability to understand the latest changes in the business world and understanding of new strategies, insights, and ideas that can improve a company’s performance.
Business degrees are necessary for individuals who want to stay ahead of the curve in their industry.
If being successful in your field is important, then getting a business degree is essential. Additionally, new opportunities are presented to you.
Pro #3 – Higher Salary
A business degree can lead to a higher salary than an undergraduate degree for the same job.
The impact of your salary depends on a number of factors, including your school, the chosen field, your position, and your past experience.
Many business administration graduates specialize in a discipline, which leads to different salaries for those same careers depending on the discipline.
For example, if you are making a $45k salary a year, then a business degree might help you increase to $60k a year.
Pro #4 – Career resources and networking opportunities
To make the most of a business degree program, consider taking advantage of your school’s unique resources, including career centers and alumni networks.
Then, you are able to use their resources to open the door to a variety of job opportunities.
The career resources will help you find internships and jobs. While the networking opportunities will help you connect with professionals in your field.
Business management degrees can also benefit from extra-curricular activities like clubs and networking events.
Pro #5 – Transferable skills
Business is present in nearly every modern industry. That means degree holders have the option to apply their business degree to just about any area of industry.
Thus, provides skills that are in high demand in the workforce, such as critical thinking, problem-solving, decision making, communication, and leadership skills.
Professionals with a business degree have many options for employment and provide a competitive edge in the job market.
Cons of Getting a Business Degree
A college degree is still the gold standard for obtaining good employment. However, it is no longer the only way to achieve success.
Though there are many benefits to getting a business degree, there are also some potential drawbacks you should consider before making your decision.
Con #1 – Cost of the degree
One such drawback is the cost of tuition and other associated expenses.
The average tuition for an in-state student at a public university is $10,388 per year, and the average tuition for a private university is $38.185 per year (source). That doesn’t include room and board, books, supplies, or other fees. If you’re attending school out-of-state or out of the country, your costs will be even higher.
You can apply for scholarships and grants, take out loans, or work part-time while you’re in school. But no matter how you pay for it, the cost of a business degree is significant.
Con #2 – The job market doesn’t have enough jobs
Getting a business degree isn’t always the best option for career advancement.
There are disadvantages to getting a business degree, such as lower unemployment rates and higher wages compared to other occupations.
Even though a bachelor’s degree in business is required for many jobs in the industry. If you’re interested in pursuing this path, it’s important to make sure you choose a program that will prepare you well.
Con #3 – Certifications are better
Certifications can also help you learn new skills and stay up-to-date on the latest trends in your industry. This comes without the time and money needed for a degree in management.
In fact, both Microsoft and Google have stated that certification for hiring for jobs is more important than a college degree (source).
For example, getting certified in specific areas can help you become an expert in a particular field and make you more marketable to employers.
While both can lead to a variety of career opportunities, you must decipher which is best for your situation.
Con #4 – You don’t need a business degree to work in business
A business degree is not always necessary to work in a corporate setting.
While getting a business degree can help you learn about the inner workings of businesses and how to run them effectively, you can also learn the same skills with hands-on job experience.
In fact, many people who work in business don’t have any formal education in it at all. There are a number of things you can do to gain the skills you need to work in the business without getting a formal degree.
Con #5 – Not Needed to Start Your Own Business
Most importantly, a business degree may not be the best route for you if you want to start your own business.
A business degree won’t give you all the skills and knowledge you need to succeed as a small business owner.
Many times, the best lessons are taught through hard work and perseverance.
Con #6 – Not Truly Prepared for Career Path
Another potential downside to getting a business degree is that not all degrees offer the same level of preparation for specific careers.
So, it’s essential to do your research and choose a program that will give you the skills you need to pursue your desired career path.
Con #7 – Time Consuming
Finally, getting a business degree can be time-consuming and require significant dedication. So make sure you’re ready for the challenge before embarking on this journey!
How to decide if getting a business degree is worth it for you?
There are a few things you should consider when making this decision:
What industry do you want to work in?
What is the job market like for business degrees?
Will you be able to get scholarships or grants?
What are the salaries for business degree holders?
What are the opportunities for advancement for business degree holders?
Will you be able to work while your degree?
What are the costs of getting a business degree?
It is important to remember that business degrees are not just useful for starting a company! They can also lead to lucrative careers in other fields such as finance or law.
So if you’re still undecided on whether or not getting a business degree is worth it for you, consider all of the possibilities!
Tips to Ask Yourself Before Enrolling in Business School
A business degree can be expensive, but it may offer opportunities for career growth and earning potential that outweighs the initial investment. You must weigh the pros and cons carefully before making a final decision
When making the best decision for you, there are many factors to consider, such as time commitment, cost, and potential return on investment.
Tip #1 – Consider your goals and objectives.
What do you hope to gain from a business degree? Are you looking for career advancement opportunities, or do you want to learn more about business fundamentals? Knowing what you want out of a business degree will help you narrow down your options.
Tip #2 – Do your research.
There are many different types of business degrees available. So be sure to compare programs and find one that fits your needs and interests.
In addition, you must consider if an accredited online college or university offers a program that meets your needs.
You need to research the university’s accreditation status so you can know what that means for you when looking for work after graduation.
Finally, think about what you want to do with your degree. Find a program that will give you the skills and experiences needed for your desired career field.
Tip #3 – Ask around.
Talk to friends, family, and colleagues who have pursued a business degree. They may have valuable insights that can help inform your decision.
Do you regret getting a business degree?
Personally, I do regret getting my undergraduate degree in marketing.
I don’t think that was the best field of study for me. Plus my college at the time refused to teach social media marketing, which was brand new and my degree was quickly outdated without the proper skills.
The college experience was absolutely amazing and I grew as a human being. But, I truly believe there was a better degree for me to start out with.
However, if you were looking for a business degree with a focus such as finance, accounting, or computer information, I think those are more highly specialized to off a better benefit.
What Business careers look appealing to You?
A business degree can help you move into a different career field and earn more money.
In addition, a business degree can build a solid foundation of skills and knowledge for you to build your own business. However, there are many other ways to learn about business, so it is important to research the different options and find the best one for you.
There are many different types of business degrees available. As such, it can be difficult to decide which one is right for you.
This decision is not the same for everyone as we all have our own upbringing and experiences. Every single person you ask will tell you something different and whether their business degree was worth it to them.
Business education can be expensive, but there are many resources available to help you finance your education. There are also many benefits to earning a business degree, so weigh all the factors and make the decision that’s best for you.
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This may seem like a silly question. But, everyone needs to know…
What frugal billionaire eats almost every breakfast at McDonald’s?
While this billionaire isn’t as famous for their glamour shots as most on The Hollywood Gossip, they still drive many thought-provoking questions.
And today’s starts with breakfast…
Combined with is the market up or down?
I am sure you have all heard by now that McDonald’s is one of the most frugal places to eat, but how about a billionaire eating there for breakfast?
Every. Single. Day.
What frugal billionaire eats almost every breakfast at McDonald’s?
Warren Buffett, one of the richest people in the world, has a surprisingly frugal breakfast routine. Every day, he eats breakfast at McDonald’s.
Shocking, I know.
So why does Buffett eat McDonald’s every day for breakfast?
It likely has something to do with the low cost and convenience of the restaurant. He enjoys the food there, calling it “normal stuff.”
If you want to save money or a simple breakfast option, following Warren Buffett’s lead might be a good idea. Just head to your nearest McDonald’s for some cheap and tasty grub!
What does he eat for breakfast?
Warren Buffett is a famously frugal billionaire, and he has a particular fondness for McDonald’s breakfast items.
This is the rumor of how Buffett decides what to eat in the morning:
If the premarket or stock market is up, he chooses a bacon, egg, and cheese biscuit.
If the premarket or stock market is down, he opts for two sausage patties – a cheaper option.
When the market is flat, he selects a sausage McMuffin
In 1975, the Egg McMuffin was about 63 cents at the time! Today, you would expect to pay $2.79.
This may not seem like much, but it’s an important part of his billionaire morning routine.
How can you save money on breakfast like the frugal billionaire?
There are many ways to save money on breakfast like the frugal billionaire.
One way is to cook at home, which can be a cheaper option than eating out.
Another way is to eat leftovers from dinner the night before, or pack a lunch instead of buying food at work. You could also try skipping breakfast altogether or buying food from a less expensive restaurant.
Whatever you do, remember that being frugal doesn’t mean sacrificing your health or your happiness.
There are plenty of affordable options for breakfast (and every other meal) that can help you stick to your budget without feeling deprived. So go ahead and enjoy that delicious breakfast McMuffin from McDonald’s—you deserve it!
How much is Warren Buffett worth?
Warren Buffett is an American business magnate, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, and he has a net worth of $114 billion as of May 2022, making him the world’s sixth richest individual.
Buffett runs Berkshire Hathaway, which has over 60 organizations and owns such companies as Geico, Duracell, and Dairy Queen. In addition to his primary occupation, Buffett is also a noted value investor and has been referred to as the “Oracle of Omaha”.
Buffett initially purchased stock at the age of 11 and first documented taxes at 13 years old. He made his first million in 1962 when he sold shares in Graham-Newman Corp., where he worked for Benjamin Graham (a well-known value investor).
Buffett’s wealth has largely come from two sources: investments and dividends/interest payments on stocks he holds.
In late 1995, Warren Buffett bought a few shares of McDonald’s stock–and now owns more than $2 billion worth. However, he isn’t just interested in fast food; Buffett also owns sizable stakes in Coca-Cola Co., IBM Corp., Wells Fargo & Co., and American Express Co.
Yes, this is over 10 figures.
How much does Warren Buffett make per second?
Warren Buffett is without a doubt one of the most successful businessmen in the world.
According to Strive.co, it is estimated Warren Buffett makes $165 a second!!
Over $9,915 a minute, which is higher than most people make in one month! In fact, it is almost double the average monthly salary for someone making 60000 a year.
Buffett’s Long-Term Success
Buffett’s success comes from his ability to make smart investments and focus on long-term success rather than short-term gains. He is also very generous with his wealth, having given more than $41 billion to charitable causes over his lifetime.
Despite being one of the richest people in the world, Buffett remains humble and focuses on making decisions that will benefit his shareholders (per-share) rather than just increasing his total net worth.
This approach has served him well over the years and made him one of the most successful investors ever.
In fact, Buffett is one of the most quoted people especially for millionaire quotes to find success.
Warren Buffett Diet
Warren Buffett is a well-known billionaire and one of the most successful investors in the world. What you may not know, however, is that Buffett has a rather unhealthy diet. In fact, he drinks five cans of Coca-Cola products each day and eats mostly junk food.
An odd way to get the calories you need.
Buffett’s poor eating habits have raised eyebrows in the past, but it seems to work for him–he has the lowest death rate among his age group. His diet consists mostly of breakfast and lunch, with no desserts or snacks throughout the day. This may seem surprising given how unhealthy his diet is, but as Buffett himself says, “I’m not sure I would recommend my diet for everyone.”
Buffett’s diet is legendary and often studied by business people and students alike. He credits his success to eating what he calls “normal stuff for a six-year old.”
McDonald’s Stock Forecast
McDonald’s is an American icon. It has been around for over 60 years, and it has graced the faces of millions of Americans as they have enjoyed their morning meals.
In fact, McDonald’s is part of the Dow Jones Index. One of the top 30 companies that make up the stock market (source).
After reading this article, you may think that Buffett has something to do with keeping McDonald’s stock forecast rising.
How did Warren Buffett get Mcdonald’s gold card?
In an interview with CNBC, Buffett revealed that he has a card that allows him to get free McDonald’s anywhere in the world. This has caused some speculation, as it’s not clear how Buffett got the card or if it’s even real.
However, Bill Gates, Mitt Romney and Buffett are confirmed to have such a card.
In fact, the McDonald’s Gold Card is not just for celebrities and billionaires. “Supposedly,” any customer can get one by spending $2 million or more at the fast-food chain. The card entitles the holder to free food for life.
Now, you can play their Monopoly game for a chance to win a Mcdonald’s VIP Card. By winning a VIP Gold Card you will be able to claim a one-time free meal at McDonald’s every week for an entire year once using the My McDonald’s app.
Even Warren Buffett, one of the richest people in the world, frequents McDonald’s for breakfast and has a Gold Card to prove it. Yet, no photo of Buffett and the Gold Card.
How to Get the McGold Card with this Sweepstakes
Now, it is your time to get the coveted McGold card!
Not just for celebrities anymore!
You have the chance to win a “lifetime” supply of Mcdonald’s. (the fine print says up to two meals per week for fifty (50) years)
First, you need to download the McDonald’s app and be enrolled in the MyMcDonald’s Reward program.
Next, every time you make a purchase during the duration of the contest, you receive an entry to the sweepstakes, up to once per day.
Or, you can enter without making a purchase by clicking this link from December 5 through December 25 and entering once per day for the duration of the contest.
**The McD’s For Life Sweepstakes is only from December 5-25, 2022.**
Does Warren Buffett own McDonald’s?
No. Warren Buffett does not own and operate a McDonald’s Franchise.
However, he made an investment in the company that surprised many people – he invested in McDonald’s because he loved the franchise model.
He has invested in other well-known consumer brands such as Apple, Coca-Cola and Gillette. This gives us some insight into his investment philosophy–Buffett believes in buying businesses with strong fundamentals that will be around for a long time.
Top Warren Buffett Stocks By Size
At the end of Q4 2021, these were the top 10 Warren Buffett stocks by the number of shares:
Bank of America (BAC), 1.01 billion
Apple (AAPL), 887.1 million
Coca-Cola (KO), 400 million
Kraft Heinz (KHC), 325.6 million
Verizon (VZ), 158.8 million
American Express (AXP), 151.6 million
U.S. Bancorp (USB), 126.4 million
Nu Holdings (NU), 107.1 million
Bank of New York Mellon (BK), 72.4 million
Kroger (KR), 61.4 million
Specifically, this is what his company Berkshire Hathaway is invested in.
While Buffett has never authored a book himself, there are many books about him, his investment strategies, and his philosophies.
His life story and investment techniques are fascinating. There are a variety of books about Buffett, but some are more satisfying to read than others. Some books focus more on his life and achievements, while others focus on replicating his investment style.
Warren Buffett McDonalds breakfast
As you have now learned, Warren Buffett, one of the richest men in the world, has a particular fondness for McDonald’s breakfast menu items.
He has been photographed eating breakfast at McDonald’s locations almost every morning.
The billionaire investor says that he enjoys the food and finds it to be a cheap and convenient option.
He sticks to ordering sausage patties and eggs, or bacon and eggs from the menu.
Now, the questions to ponder, are you going to continue this frugal billionaire’s breakfast routine?
Or should you follow his investment advice instead…
Buffett has been quoted as saying “the greatest challenge is not in the selection of the right stocks, but in sticking with sound investments despite uncertainty.” In order to emulate Buffett’s investment strategies, it is important to be patient and remain committed to your investments through thick and thin.
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