7 Things to Know Before You Start Biking to Work

When I learned that the cost of my monthly parking garage pass was more than doubling to $75 a month, I balked. Seventy-five dollars a month just to babysit my car while I’m at work?

So one muggy morning, I decided to give bike commuting a shot. I didn’t plan my route. Or my outfit. Or take my bike for a test ride, even though I hadn’t ridden it in months. Hey, what could go wrong in 2 miles?

I took my usual route to work — a busy street with no bike lanes and a rickety sidewalk where cyclists aren’t exactly welcome in the traffic lanes. Funny what you don’t notice from your car.

My dark jeans and black tunic were drenched in sweat less than a mile into my ride. Not a great choice of biking attire for mid-90s temperatures.

But it wasn’t just the end-of-summer heat that was making me sweat. I felt like I was biking uphill — and I live in Florida. I asked myself: Was biking always this hard? Have my leg muscles atrophied?

Then a guy standing at a bus stop pointed out the obvious: My tires needed air.

7 Tips for Anyone Who Wants to Start Biking to Work

I survived the 2-mile ride to work. Then I Ubered home that afternoon.

A few days later, temperatures dropped slightly, and a helpful co-worker put air in my tires. I decided to give bike commuting another try — if only to get my bike home. This time, I planned my route and took a street with bike lanes.

Since then, I’ve become an avid bike commuter. I love that I get to exercise during my commute, and I’m also saving money. Since I live close to work, my savings on gas are minimal, but I have been able to ditch the $75-a-month parking pass. Plus, I’m less prone to after-work impulse buys. If I stop at the grocery store after work, I’m limited to what I can fit in my bike basket.

Want to try biking to work? Here are a few tips I wish I had known before I tried bike commuting.

1. Do a Weekend Test Run

It’s great when you can figure out things — like that your route of choice doesn’t have bike lanes or your tires need air — when you’re not pedaling furiously to a meeting at rush hour.

Test out your commute by doing a practice run during the weekend. You may be surprised by just how bike-unfriendly your normal route is.

Make sure to wear your work attire if you plan to ride in the same clothing you wear during the day. Seeing just how much you sweat could change your mind.

2. Dry Shampoo Is Your Friend

Wearing a helmet is nonnegotiable whenever you ride your bike, OK? So that means helmet hair is something you’re going to have to deal with.

Dry shampoo comes in handy when you need to freshen up to make yourself presentable for the office.

A woman waits to ride a cross a busy road while bike commuting.
Robin waits her turn to cross a busy road on her way to work. Chris Zuppa/The Penny Hoarder

3. Plan Your Outfit Around Your Commute

Riding your bike to work is a lot easier when you don’t have to do a complete change of costume when you get to the office. Opt for lightweight, breathable fabrics like cotton or linen to minimize sweat during your ride. If you wear skirts or dresses, throw on a pair of bicycle shorts or leggings underneath. (Long skirts and dresses are best avoided, though.)

Keep a spare shirt handy in your backpack in case you sweat more than usual or you ride through dirt or dust. (It happens.)

Pro Tip

If you need to pack your clothes and change at the office, a travel-size bottle of wrinkle spray comes in handy. No, your outfit won’t look freshly pressed, but it will smooth things out a bit.

4. Lighten Your Load Already

You’re saving money by bike commuting. But unless you want to fork over that money and then some to your chiropractor, keep your backpack as light as possible. Investing in saddlebags or a bike crate will be well worth it if you have lots of stuff to cart to and from work.

5. Ask Your Employer for Storage Space

Bikes are best stored indoors, where they’re less likely to get stolen. Plus, they’re more likely to rust when exposed to rain or snow.

Here at The Penny Hoarder’s headquarters in St. Petersburg, Florida, we’re lucky to have a passcode-protected bike closet. If your workplace doesn’t have a designated space for bikes, ask your employer to create one — or at least if there’s an acceptable place that you can stash your bike.

If that’s not possible, keep your bike locked up in a busy area with two different types of locks.

Pro Tip

Your car isn’t the only thing that needs a tune-up: Your bike should get a tune-up anywhere from every few months to once a year, depending on how much you ride. Expect to pay $30 to $80.

6. Be Prepared for Bad Weather

Here in Florida, storms are a bit unpredictable. I keep a kid-size poncho in my backpack that I can pop out if it starts to drizzle. The kid-size part is key because it’s short enough that it doesn’t get in the way of pedaling.

Obviously, when there’s lightning or extreme weather, you shouldn’t be biking. So have a backup plan for the days that you aren’t able to bike to work.

Make sure you know of a parking option that doesn’t require a monthly pass, a bus route that’s close to your office or a co-worker who can give you a ride. Otherwise, you’ll need to work the occasional Uber or Lyft into your budget.

7. Don’t Give up Your Parking Pass… Yet

So you’ve had your first successful bike commute? Congrats!

Still, hang onto your parking pass for at least a couple weeks. It’s great when bike commuting happens without a hitch. But what happens when you’re running late, you have a doctor’s appointment before work or you need to run home at lunchtime?

Once you’ve experienced a few disruptions to your regular routine, you can better assess whether giving up parking is feasible.

Is Bike Commuting for You?

This isn’t really an if-I-can-do-it-anyone-can type of thing. There are a lot of reasons bicycle commuting has worked for me:

I have a flexible schedule. I only work daylight hours. My workplace is casual. I live and work in a bike-friendly pocket of St. Petersburg, Florida, which means I don’t have to deal with snowstorms and subzero temperatures. I don’t have kids to shuttle to and from school or day care. Most importantly, I feel safe bike commuting.

If you want to try it, commit to doing it three or four times over the next months. Take it from me: Your first try may not go perfectly. But after three or four times, you’ll get the hang of it.

What if you hate it? Then it’s probably not worth whatever money you save. Your ideal commute is one that doesn’t leave you frazzled before you’ve even gotten to work.

But don’t be surprised if you get hooked. I find my workdays a lot more enjoyable when they start and end with a bike ride instead of circling a dusty parking garage. And the $75 I’m saving is a pretty sweet bonus.

Robin Hartill is a certified financial planner and a senior writer at The Penny Hoarder.  She writes the Dear Penny personal finance advice column. Send your tricky money questions to [email protected] or chat with her in The Penny Hoarder Community

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Source: thepennyhoarder.com

How Moving to a New City Can Give You a Fresh Financial Start

Save more, spend smarter, and make your money go further

Summer is a common time for many people to change up their living situations by moving either across town or across the country. And whether you are moving for a new job, a recent graduation, or just a change of scenery, moving to a new city can help give you a fresh financial start. Here are a few things to keep in mind as you plan your move.

Changing (lowering) your cost of living

The biggest thing to make sure that you’re aware of when moving to a new city is that your overall cost of living is going to change. This may be obvious to many people, but goods and services cost different amounts in different areas of the country and world. From very expensive places like New York and San Francisco to less expensive places like Tulsa or Boise and everywhere in between. 

Before you move to a new city, make sure to understand the difference in the cost of living between your current city and your new city. There are many online calculators that can compare the cost of living between two different cities. Make sure to dig deeper than just the overall cost of living. The cost of living accounts for lots of different areas of spending like housing, food, transportation, and more. Understanding how different things might change in price from what you’re used to can help you plan a budget for your new city.

Hopefully, you are moving to an area with a lower cost of living. That’s a great opportunity to take your extra money and start saving or investing it. If you are moving to a higher-cost area, you can take the chance to really get serious about budgeting

New friends and family

Your new city will also give you the chance to change who you interact with and how much. You may be moving closer to family, or have the chance to meet new friends. Changes in your family or friend’s situation can also impact your finances. If you are moving closer to extended family, you may have an opportunity to collaborate on child care and save some money that way. 

If you’re moving to a new city where you don’t know anyone, consider how that might affect your budget and your social life. Will you be spending more money at bars, events, and other places to meet new people? Work those expenses into your new budget!

Updating your recurring subscriptions

Recurring subscriptions can be an easy way to lose your money if you’re not careful. Without tracking them with a budgeting tool like Mint, it’s easy to find yourself paying for monthly subscriptions that you don’t actually use. Moving to a new city can be a great way to update your recurring subscriptions and be proactive about which ones you want to pay for.

While some monthly subscriptions like streaming services are easy to transfer with you when you move, others won’t make as much sense. It probably isn’t a good idea to continue paying for your local gym membership if you move halfway across the country. Take the time as part of your move to really take a look at which monthly payments you are making and which are still providing value.

Budgeting for your move

A budget is one of the most important tools you have to achieve a positive financial future. Budgeting for your move is important in two different ways. We’ve talked a bit already about how to adjust your budget for your new situation, but it’s also important to make a budget for the move itself.

Without a budget, it can be easy to spend much more than you intended to on your move. Moving is always stressful, so before you notice it, you can find yourself spending hundreds or thousands of extra dollars. Make sure to do your research on moving options, and don’t forget to give yourself some grace in the budget to account for unexpected things to come up while moving.

The Bottom Line

Moving to a new city is an exciting time, and can be a great opportunity to get a fresh financial start. Make sure to compare the cost of living in your new city, and how it compares to the prices that you’re used to. Adjust your budget for your new living situation and don’t forget to budget for the move itself. One great way to update your budget is to take a look at some of your recurring monthly subscriptions and have an honest conversation with yourself and others in your household about which subscriptions are worth it for you. Following these tips can get you off to a great start in your new city and with your new life.

Save more, spend smarter, and make your money go further

Dan Miller

Dan Miller is a freelance writer and founder of PointsWithACrew.com, a site that helps families to travel for free / cheap. His home base is in Cincinnati, but he tries to travel the world as much as possible with his wife and 6 kids. More from Dan Miller

Source: mint.intuit.com

Dear Penny: We Have Bad Credit. Is There Any Hope for a Debt Consolidation Loan?

Dear Penny,

We have credit scores in the 500s, and we are being declined for loans to consolidate our debt to improve our credit.

We understand the importance of improving our credit scores and are frustrated that the debt consolidation we have been advised to apply for is not working out — no approvals. Who can we turn to for a loan?

-D.

Dear D.,

When you have a smorgasbord of debts, life feels like a juggling act. So many due dates, so many interest rates, so many terms and conditions to keep track of.

Then you see the claims in the ads for debt collection loans. Get rid of high-interest credit card debt today! One low monthly payment!

It sounds like a magic little pill that will cure all your financial ailments, right? If only it were that simple.


Unfortunately — as you’ve learned — the people who could benefit most from a debt consolidation loan often don’t qualify. Most lenders require a credit score of at least 620.

You could try applying through a credit union, though membership is required. Unlike big banks, credit unions tend to look beyond your credit score at your overall financial health when you’re seeking a loan.

You can also use websites like Credible, Even Financial or Fiona to shop around for loans. (No, none of them paid me to say that.) But keep in mind that many of the lenders these sites partner with will also require a credit score in the 600s.

While you might be able to consolidate with a lower credit score, you’ll often pay astronomical interest rates — sometimes as much as 30% — which kind of makes the cure as bad as the disease.

But here’s the thing about debt consolidation: Often the benefit is more psychological than mathematical. Sure, life would be a lot simpler with a single monthly payment, but if you can’t lock in a lower interest rate, debt consolidation won’t save you money.

You say you want to consolidate to improve your credit score. If you have enough money to make at least your minimum payments, you’ll gradually see your score increase as you make on-time payments and lower the percentage of your credit you’re using.

Consider speaking with a credit counselor, especially if you can’t afford your minimum payments. The world of debt relief is rife with scammers, so make sure any counselor or organization you work with is a nonprofit that’s accredited by the National Foundation for Credit Counseling.

A credit counselor will help you figure out how to manage your money and debts. The counselor may work out a debt management plan where you make a single payment each month to the counseling organization, which will pay your debts on your behalf. They might be able to lower your monthly payments by negotiating lower interest rates or a longer repayment period, though they generally won’t be able to reduce what you owe.

Avoid companies that offer to work out a debt settlement plan, in which you’ll stop making payments so the company can negotiate to reduce your debt. Not only will these plans kill your credit, but you’ll also owe taxes on the amount that’s forgiven.

It’s easy to get discouraged when you’re deep in debt and low on options for rebuilding your credit. But keep in mind that while a debt consolidation loan might improve your credit somewhat in the short term, it won’t fix the underlying causes of your debt.

Building good credit doesn’t happen quickly. You have to figure out a way not to rely on credit, and to spend less than you make. It requires discipline and a commitment to financial health. And there’s no magic pill for that.

Robin Hartill is a certified financial planner and a senior writer at The Penny Hoarder. Send your tricky money questions to [email protected] or chat with her in The Penny Hoarder Community.

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Source: thepennyhoarder.com

Here’s All You Need to Know About Unlimited Chuck E. Cheese Games

Chuck-e-cheese stands outside of a vehicle after a reopening of a Check E Cheese store.
Contributor Jenna Limbach writes on financial literacy and lifestyle topics for The Penny Hoarder from her home base in Utah. Stephanie Bolling is a former staff writer.

Thinking of having a birthday party at Chuck E. Cheese? The Ultimate Fun and Mega Fun party options both come with 2 hours of all you can play for each child.
To keep patrons safe, Chuck E. Cheese has COVID-19 protocols implemented during birthday parties and some aspects of playtime. There are hand sanitizing stations, regular sanitizing of surfaces and touchless pay options, as well as the touchless Play Passes and bands.
You’d think taking the little ones to a pizza and games place like Chuck E. Cheese would bring some distraction-induced reprieve. But alas, they’re coming at you every five minutes for more tokens.
Just think: Your kids might wear themselves out for less than . Might.

How Chuck E. Cheese All You Can Play Works

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If you do a traditional party at Chuck E. Cheese but want social distancing, you can book a VIP party on Saturdays at 8 a.m. or Sundays at 9 a.m.
If you have to cancel a party due to COVID, you can transfer your party deposit to a new date within one year of the canceled date or use it for a to-go party pack.

  • $1 Play Pass
  • $3 Play Pass with coil wristband
  • $7.99 Rechargeable Play Band with $5 worth of game play included

Ready to stop worrying about money?
Some games might still dispense paper tickets, but Chuck E. Cheese has transitioned to e-tickets that are automatically saved to Play Passes. Once kids are done playing, they can redeem their e-tickets at the counter for prizes.
Behold the All You Can Play game option (aka the savior of parental sanity), at participating Chuck E. Cheese locations nationwide.

Source: thepennyhoarder.com
For birthday parties, you can find an option that works for you based on state or local guidelines, or even do a Party Pack at home through delivery or carryout. If you choose an at-home option, you’ll still get play points and e-tickets to use on your next visit.

Pro Tip
If you find yourself frequently going to Chuck E. Cheese to keep the kids happy, check out their rewards program.

Chuck E. Cheese and COVID-19 Safety

Privacy Policy
Check that All You Can Play is available at your Chuck E. Cheese location before you go.
The allowed number of party guests and Chuck E. appearances will vary by state and local guidelines. If local guidelines don’t allow for Chuck E. to be there in person, he’ll attend virtually on video monitors.
Not today, children.
Currently, unlimited game time comes in 30-minute increments starting at with any Chuck E. Cheese deals purchase and is good any day of the week. Save even more if you go on All You Can Play Wednesday. Mention the promotion at time of purchase and you’ll get an hour of unlimited play for .99.
Kids and families attend the Chuck E. Cheese Baton Rouge, La. Signature Grand Reopening on Wednesday, Dec. 8, 2021 in Baton Rouge, LA. Tyler Kaufman/AP Images for CEC Entertainment
Kids like to touch everything, and at a restaurant like Chuck E. Cheese those instincts run free.

Chuck E. Cheese Rewards

For one flat fee, kiddos can play unlimited games without exception for a selected amount of time.
When you download the app and sign-up, you’ll receive 500 free e-tickets. You’ll get 250 e-tickets on your sign-up anniversary and a birthday surprise for your birthday and half-birthday. Refer a friend and you’ll get one free personal pizza when they sign up.

  • For 50 points, you’ll get 15 minutes of play time, an order of Unicorn Churros or 500 e-tickets.
  • At 100 points, you receive 30 minutes of play time, one personal 1-topping pizza or 1,000 e-tickets.
  • For 200 points, you can earn 60 minutes of play time, one large 1-topping pizza or 2,000 e-tickets.

Kids can use Play Passes or Play Bands, which allow them to load time or points with a tap. Play Passes come in three tiers:
Before your next trip, you can also reload time and points onto Play Passes and Play Bands online. <!–

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Being a parent is expensive. And exhausting.

5 Expert Tips for Protecting Yourself from the Next Crypto Crash

If you’re investing in cryptocurrency, it needs to be part of a balanced portfolio that meets your goals. For most people, this means allocating no more than 5% of your portfolio to a risky investment like crypto.
Possibly the most important thing for investors to remember is don’t panic. Cryptocurrency is a highly volatile investment and these types of price swings are to be expected.
— Cody Lachner, certified financial planner and director of financial planning at BBK Wealth Management
Most investors are seeing a broad pull back in all their investments right now, including stocks. There’s not much investors can do in such situations except to keep their portfolios balanced and diversified.
The machine worked great — until it didn’t.
The collapse of terra and luna erased some billion in market capitalization in a week. Experts say that money is unlikely to return. The fallout sent ripples across the entire crypto ecosystem, causing bitcoin and ethereum to hit lows not seen since December 2020.
The crash in crypto has reminded us why a long-term investment strategy is so important. The crypto community has even come up with the phrase HODL which means “hold on for dear life.”
Source: thepennyhoarder.com
In the months and weeks ahead, cryptocurrencies will face the same challenge as other major asset classes — rising interest rates — which tend to negatively impact the value of risky investments.
Sometimes people only look at the upside when investing. They think “Wow, I could have made a lot of money if only I had invested in this or that.”
— Chris Brooks, co-founder of Crypto Asset Recovery
But why did investors sink so much money into these tokens?
By May 12, the stablecoin once pegged at was trading for less than a penny.
When investing for the long-term, you understand that corrections are part of a normal market. That makes it easier to ride out the lows and wait for the eventual recovery.
Terra’s value is meant to stay at . But it wasn’t backed by real-world assets. Instead, the two tokens were tied in value to one another like a seesaw. One token would be automatically created or destroyed based on the supply and demand of the other.

How To Protect Your Portfolio From Another Crypto Crash: 5 Experts Weigh In

A portrait of Robert Persichitte
Photo courtesy of Robert Persichitte

1. Don’t Go All in

Ready to stop worrying about money?
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Eventually, trust will re-enter the market and you’ll get another shot.
— Lance Elrod, a certified financial planner with Next Step Financial Transitions

This is a portrait of Erik Goodge who is wearing an eye patch while sitting in a green office chair.
Photo courtesy of Erik Goodge

2. Read the Fine Print

— Robert Persichitte, a tax accountant and certified financial planner at Delagify Financial
Rachel Christian is a Certified Educator in Personal Finance and a senior writer for The Penny Hoarder.
New York Magazine described the system “as a perpetual wealth-creation machine, a way to always make money through the magic of code and financial engineering.”
Terra’s algorithm eventually broke — there’s still some confusion and debate over why — and its value started nosediving May 8. As investors sold off UST, the supply of luna ballooned, causing its price to plummet. From there, UST and luna locked arms in a death spiral race to the bottom.

3. Be Safe, Be Secure

By May 16, bitcoin traded at around ,000 — more than a 50% decline in value from its all-time high of roughly ,000 five months ago.

This is a portrait of Chris Brooks.
Photo courtesy of Chris Brooks

Cryptocurrency investors are reeling and wondering what comes next after a massive market shakeup sent the price of bitcoin plummeting to its lowest level in 17 months last week.
Privacy Policy

A portrait of Lance Elrod.
Photo courtesy of Lance Elrod

4. Play the Long Game

One positive that can occur during a correction like this is a tax-loss harvesting opportunity: You can sell certain assets to capture losses and offset capital gains tax you may owe next year.
Many cryptocurrency investors are now wondering what comes next and how to safeguard their portfolios. After all, it’s not just cryptocurrency that’s suffering — the entire U.S. economy is sluggish. Inflation is high, interest rates are rising, stocks are down (the S&P 500 has lost 16% of its value so far in 2022) and many experts are forecasting a recession in the next six to 12 months.
But few terra/luna investors paused to realize they were stacking risk on top of risk on top of more risk.

A portrait of Cody Lachner, certified financial planner and director of financial planning at BBK Wealth Management.
Photo courtesy of Cody Lachner

5. Buy and Hold (on for Dear Life)

— Erik Goodge, a certified financial planner and president of uVest Advisory Group
No one has perfect foresight. That’s why it’s so important to diversify with other assets.
Employ best practices in diversity, securing your private keys and don’t over-leverage yourself. Know that while this is a setback, it’s a temporary one.
We sat down with five experts who offered insight into navigating these uncertain times — and the best ways to protect your portfolio from a future crypto crash.

The phrase reminds us that investing in crypto is anything but a smooth ride. <!–

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A scheme known as the Anchor protocol promised crypto investors annual returns of nearly 20% in exchange for lending out their terra holdings. With cryptocurrency markets relatively stagnant since December, the lure of 20% returns seemed too good to pass up.

8 Risky Jobs That Pay Big Bucks

Often with dangerous jobs, the pay doesn’t come close to compensating for the risk. In fact, plenty of perilous jobs pay paltry sums compared to other options. Take fishermen and loggers. They can expect median salaries of under $35,000 a year, $23,000 less than the mean for all workers. Yet the fatality rate for fishermen is nearly 39 times the rate for all occupations, the highest of any profession, in fact. Loggers, at nearly 28 times the overall fatality rate, rank second.

The COVID-19 pandemic shook up the risk scenario in the workplace. Overall, workplace injuries and illnesses were down 5.7% in 2020, compared to the previous year. But a closer look at the numbers reveals that while injuries dropped significantly, illnesses went way up. 

The pandemic also made a new group of low-paying jobs among the riskiest in the nation. Nursing assistants had the highest number of days of any profession away from work in 2020, the most recent year available, according to the Bureau of Labor Statistics. They had 1,024 days away from work per 10,000 workers in 2020, an increase of 14 times the rate in 2019. Yet nursing assistants make a mean wage of just over $30,000.

Going back the last few years before the pandemic, there were generally between 10,000 and 11,000 respiratory illnesses among U.S. workers each year. In 2020, however, there were nearly 429,000. Conversely, the days away from work decreased slightly for heavy and tractor-trailer truck drivers, whose mean wage was just over $50,000, between 2019 and 2020.

As perilous as work has become for many during the pandemic, fewer people were injured on the job in 2020 than in any year since 2013, according to the most recent data from the Bureau of Labor Statistics. Still, those data showed an American worker died every 111 minutes from a job-related injury. The most common cause of death on the job was transportation-related incidents, which resulted in 1,778 deaths that year, more than 37% of all work-related deaths.

Not surprisingly, workers in jobs that involved transportation and moving material accounted for the biggest proportion of occupational deaths at a total of 2,258, accounting for more than 47% of the total work-related deaths in the U.S.

We believe that if you’re going to take a risky job, you should at least get compensated handsomely for it. So we crunched the numbers on injuries, fatalities and salaries to identify eight occupations offering paychecks that make up for the elevated risks by paying more than the national median of about $58,000. Top earners in many of these fields can enjoy six-figure salaries, in some cases even without college degrees. Plus, many of them won’t be replaced by technology, which spells job security. 

Take a look at these risky jobs that pay well.

Data sources: All data provided by the U.S. Bureau of Labor Statistics, unless otherwise noted. Most statistics from 2020, unless otherwise indicated. That year, the fatality rate for all occupations was 3.4 deaths per 100,000 workers.. “Top pay” represents the annual salary of a worker in the 90th percentile of an occupation, unless otherwise noted. We used the most updated data provided by BLS. In some instances, that was as far back as 2019 or older. Also, in some instances, the bureau provided median salary information, while for other occupations, it provided average salary information.

1 of 8

Airline Pilot

Photo of a man in an airplane cockpitPhoto of a man in an airplane cockpit
  • Number of workers: 42,770
  • Rate of injuries/illnesses: 34.3 (3.4 for all workers). 
  • This represents a decrease of the 2019 rate of 61.8 per 100,000 FTEs
  • Median annual salary: $115,080
  • Top pay: $197,400*
  • Annual fatalities: 4

Flying may be safer than driving, with crashes exceedingly rare, but pilots still manage to get hurt. The most common injury to pilots is back strain, no doubt exacerbated by countless hours spent in flight decks. Still, the pay might well make the risks worthwhile. Annual median wages for airline pilots, copilots and flight engineers are the highest of all our risky jobs.

You can save yourself the cost of college by heading straight to flight school, though most airlines prefer to hire degree-holders. You’ll need the edge. Competition for openings can be fierce, given industry consolidation and the job market’s overall weakness. You’ll also have to clock the flight hours necessary to even apply for an airline job. The Federal Aviation Administration requires applicants for pilot and first officer positions to have a minimum of 1,500 hours of total flight time.

But if you rack up enough experience and airborne hours, annual pay with the major airlines can soar to $200,000 or more, according to AirlinePilotCentral.com. Similarly plump salaries can be had if you land an offer from one of the flying freight giants. FedEx and UPS pay their captains at least $212,000 and $233,000 a year, respectively, starting in just their second years. Bonus: no whiny passengers.

*According to Airline Pilot Central, United offers its 12th year captains of Boeing 777 planes the highest minimum annual salary of all the legacy airlines.

2 of 8

Private Detective

Photo of a man in sunglasses behind the wheel of a car holding a cameraPhoto of a man in sunglasses behind the wheel of a car holding a camera
  • Number of workers:  33,700
  • Rate of injuries/illnesses: 122.6 per 10,000 workers
  • Median workdays missed due to injury/illness: 43
  • Mean annual salary: $60,970
  • Top pay: $98,070
  • Annual fatalities: 1

Digging up information can be pretty strenuous work. Gumshoes sustain most of their injuries in car accidents and physical altercations. But even those tallies are relatively low, so the above-average pay for private eyes may be worth the slightly elevated risk.

Most detective work does not have an education requirement, but the ability to learn on the job is a must, and previous related work experience is a plus. You’ll also need a license in most states; requirements vary. And if you specialize in certain fields, say insurance fraud or computer forensics, a related bachelor’s degree might be necessary for some corporate investigators.

That expertise can not only help you solve whodunits but also push up your pay. Investigative agencies, both large and small, are by far the biggest employers of detectives. Distant runner-ups are law firms and state and local governments.

3 of 8

Registered Nurse

photo of a nurse and a patientphoto of a nurse and a patient
  • Number of workers: 3 million
  • Rate of injuries/illnesses: 1023.8 per 10,000 workers
  • Median workdays missed due to injury/illness: 8
  • Median annual salary: $75,330
  • Top pay: $103,000
  • Annual fatalities: 12

Registered nurses were among those most affected by COVID; they endured a whopping 78,740 injuries and illnesses in 2020, an increase of more than 290% over 2019 when there were 20,150 injuries and illnesses among registered nurses, according to the Bureau of Labor Statistics. In 2020, the number of cases in which registered nurses had days away from work increased by 58,590 cases (290.8 percent) to 78,740 cases, according to the Bureau of Labor Statistics.

The states with the largest increase in cases among nurses who had days away from work were Michigan, where cases rose more than 1,000% and Iowa, which had an increase of more than 900%. .

Typical wages about 88% above the national median might help compensate for  the pain. California registered nurses earn a particularly comfortable wage, into six figures in nine West Coast metro areas.

You need a bachelor’s or associate’s degree in nursing or a diploma from an accredited nursing program in order to become an RN. If you extend your education to a master’s degree, you can earn even more; median annual pay for nurse practitioners is nearly $90,000, and top earners make $120,500 a year.

According to Indeed.com, the average base salary for a registered nurse is nearly $89,000 as of May 2022. That ranges from $80,266 for nurses with less than a year of experience to $104,907 for those with more than 10 years of experience. New York is the highest paying city where registered nurses earn an average of nearly $103,000 a year. But Iindeed says just 62% of registered nurses in the U.S. think their salaries are enough for the cost of living in their area.

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Professional Athlete

Photo of a baseball, football and basketball playerPhoto of a baseball, football and basketball player
  • Number of workers: 16,700
  • Rate of injuries/illnesses: 1,542.1 per 10,000 workers
  • Median workdays missed due to injury/illness: 10
  • Median annual salary: $77,300
  • Top pay: $107.5 million
  • Annual fatalities: 10

When your job is to exercise and physically compete on a regular basis, your body is bound to get a little run down. More than half of the injuries reported by athletes are sprains, strains and tears. But what’s becoming a little worse for wear when you get to play the game you love for a living?

The above-average pay doesn’t hurt, either. It would behoove players to save that extra income. Athletic careers offer little stability and are often short-lived. According to Indeed.com, the average professional athlete base salary as of April 20222 was $115,429, including $222,275 for the NFL. The highest paying city for professional athletes was New York, where the average salary is $133,762.

According to the job website Ladders, the top-paid American athlete is Dallas Cowboys quarterback Dak Prescott who earns a jaw-dropping $107.5 million a year.

But just 45% of professional athletes in the U.S. report being satisfied that their salaries are enough for the cost of living in their area.

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Police Officer

Photo of a torso of a police officer holding a firearmPhoto of a torso of a police officer holding a firearm
  • Number of workers: 665,000
  • Rate of injuries/illnesses: 121.7 per 10,000 workers
  • Median workdays missed due to injury/illness: 15
  • Median annual salary: $64,610
  • Top pay: $102,530
  • Annual fatalities: 105 

Police work is truly risky business. Exhibit A: The number of work-related deaths for cops is the greatest of all the occupations on this list. Still, the fatality rate is just 18.6 per 100,000 workers, about on par with taxi drivers.

If you don’t mind mixing it up with the occasional physical altercation or high-speed chase, paychecks 59% higher than the national median may be worth sustaining some sprains, strains and tears (the most common injuries for police officers). You can enter the police academy after graduating from high school or getting your GED, though many agencies require some college coursework or a college degree. But you have to be at least 21 years old to become an officer (younger recruits can be cadets and do clerical work until they’re of age). A college degree can help fatten your paycheck, however. A B.A. in criminal justice can push salaries into six figures, according to Payscale.

Indeed.com reports the average base salary for a U.S. police officer is $55,390. This ranges from $46,900 for officers with less than a year of experience to $76,650 for those with more than ten years of experience. The highest paying city is San Jose, California, where officers make an average of $131,000. According to Indeed, 53% of police officers report being satisfied that their salaries are enough for the cost of living in their area. 

Note that while the Bureau of Labor Statistics data for wages for police officers refer to 2021, the most currently available injury and illness information dates to 2018.

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Railroad Conductor/Yardmaster

Photo of a trainPhoto of a train
  • Number of workers: 48,030 
  • Rate of injuries/illnesses: 180 per 10,000 workers
  • Median workdays missed due to injury/illness: 22
  • Median annual salary: $63,960
  • Top pay: $82,460
  • Annual fatalities: 11 in 2019

Train-track tragedies are as uncommon as they are heartbreaking. Overall, railroad safety has improved dramatically over the past decade. Heading the crews of freight and passenger trains and rail yards, railroad conductors and yardmasters have the highest rates of injury of all rail transportation workers, but they have the potential to score the biggest paychecks, too. You need just a high school diploma or the equivalent to get started, and you have to be certified by the Federal Railroad Administration to become a conductor. Most employers require one to three months of on-the-job training. Amtrak and some freight companies offer their own training programs, while smaller railroads may send you to a central facility or community college to prep you for the job.

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Mining Machine Operator

Photo of a construction vehicle in a minePhoto of a construction vehicle in a mine
  • Number of workers: 14,740
  • Rate of injuries/illnesses: 248.0 per 10,000 workers
  • Median workdays missed due to injury/illness: 23 for surface mining, 46 for underground and 60 for continuous Median annual salary: $60,300
  • Top pay: $78,060
  • Annual fatalities: 5 for surface mining, 7 for underground

Not surprisingly, pumping the Earth for its resources can really suck the life out of you. Extraction workers, a broad category of workers who mine and drill for oil, gas, coal and the like, recorded a total of 92 deaths and 3,990 injuries in 2011. And while some extraction jobs offer scant compensation for such risks, pay for certain mining machine operators is more tempting.

Education requirements are minimal to get started (some jobs don’t even require a high school diploma). But if you go into mining with a college degree, you stand to earn a fatter paycheck and added safety as a mining engineer. Indeed says mining engineers, who inspect mining areas and design underground systems of entries, exits and tunnels, make an average national salary of more than $97,000 as of April 2022. Their job is also dangerous as they are often close to heavy machinery and are exposed to air pollution and in danger of being hurt in a cave-in.

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Electrician

Photo of a hand and a screwdriver working on wiresPhoto of a hand and a screwdriver working on wires
  • Number of workers: 729,600 in 2020
  • Rate of injuries/illnesses: 122.2 per 10,000 workers
  • Median workdays missed due to injury/illness: 15
  • Median annual salary: $60,040
  • Top pay: $82,930
  • Annual fatalities: 68 in 2019

With high demand to plug in our various devices at home and work, electricians are practically guaranteed prosperous careers. 

But this profession comes with its stumbling blocks — literally. Electricians’ injuries are most often caused by falls. That’s not surprising, considering they often spend lots of time at construction sites and on ladders. If you watch your step, you typically stand to enjoy paychecks 43% higher than the national median.

You can start your career as an electrician with a high school diploma (or the equivalent) and a paid four-year apprenticeship, which you can find through the U.S. Department of Labor. But having a Bachelor’s degree can help boost your income; according to Payscale, a college-educated electrician can earn up to about $93,000 a year. Most states also require you to be licensed.

According to Indeed.com, the average base salary for an electrician is about $56,800 as of May 2022.

Source: kiplinger.com