California stands as a beacon of innovation, diversity and natural beauty on the western edge of the United States. From the bustling tech hubs to the serene national parks, California offers a wealth of experiences that make it a unique and influential state. What is California known for, exactly? Let’s explore some of the key facets that contribute to the overall allure of California as a state.
Jobs and economy
With some of the biggest names in tech and entertainment emerging in the Golden State, expect plenty of opportunities in these areas to land the perfect career.
Tech center
In the heart of the state lies Silicon Valley, a global epicenter of technological innovation. This region is home to industry giants like Apple, Google and Meta, as well as a multitude of cutting-edge startups pushing the boundaries of what’s possible in the digital realm.
Entertainment capital
Hollywood is synonymous with the global entertainment industry. It’s the birthplace of countless films, television shows and music acts, solidifying California’s status as the premier place to reach the limelight.
Attractions
From natural to manmade wonders, California has miles of beautiful sights to explore.
Natural wonders
California’s diverse landscape is peppered with natural wonders, including the awe-inspiring Yosemite National Park, the ancient giants of Sequoia and Kings Canyon and the rugged beauty of the Big Sur coastline.
Architectural marvel
The Golden Gate Bridge in San Francisco stands as both a feat of engineering and an iconic symbol of the state. Its crimson towers against the backdrop of the Pacific Ocean make it a must-see for visitors and is always a welcome sight for locals.
Food
Kick back with charcuterie in wine country, feast on farm-to-table delights or enjoy fresh-caught seafood along the coast.
Wine country elegance
California is renowned for its wine-producing regions, with Napa Valley and Sonoma County offering a picturesque backdrop for some of the world’s finest vineyards and wineries.
Farm-to-table delights
Embracing the farm-to-table movement, California’s culinary scene thrives on fresh, locally sourced ingredients. From well-stocked farmers markets to gourmet restaurants, the state’s food is truly second to none. In coastal cities where fishing is a staple, catch some delicious fish tacos or sushi unlike you’ll find in any other state.
Culture
Relish the diversity, open-mindedness and art that could only come from a place like California.
Melting pot
California is a melting pot of diversity, reflecting the convergence of people from all walks of life. This diversity is celebrated through festivals, traditions and a food scene that draws inspiration from around the globe.
Artistic expression
World-class museums, like the Getty Center in Los Angeles and the San Francisco Museum of Modern Art, showcase the state’s commitment to artistic expression and cultural enrichment.
Entertainment options
Whether you hope to exchange glances with a movie star or check out the rising musical talent, California has it all when it comes to the art scene.
Hollywood glamour
Hollywood’s allure goes beyond the silver screen, attracting aspiring actors, filmmakers and tourists. The Hollywood Walk of Fame is a glittering testament to the stars who have left their mark on the entertainment industry.
Rich musical legacy
California has been a cradle for various music genres, from the surf rock of the Beach Boys to the punk rock scene in Los Angeles. The state continues to influence the global music landscape.
Climate and geography
You want desert? Mountains? Coast? Somehow, California has it all and then some.
Coastal bliss
California’s extensive coastline offers a haven of beautiful beaches, including the iconic Santa Monica, the exclusive Malibu and the surfers’ paradise of Huntington Beach.
Diverse geography
From the arid beauty of the Mojave Desert to the towering peaks of the Sierra Nevada Mountains, California’s diverse geography provides a playground for outdoor enthusiasts.
Innovation and entrepreneurship
Learn how startup culture and academics influence this smart state.
Startup culture
California’s entrepreneurial spirit is evident in its legendary startup culture. The state fosters an environment that encourages risk-taking and forward-thinking, with a ton of startups and venture capital firms calling it home.
Academic prowess
Stanford University, a cornerstone of West Coast education, has played a pivotal role in the development of the Silicon Valley tech ecosystem, contributing to California’s status as a global innovation hub.
Why live anywhere else?
California is known for its ability to seamlessly blend innovation, diversity and natural wonders. Whether you’re navigating the bustling streets of San Francisco, hiking through the majestic redwoods or exploring the glitz and glamour of Hollywood, California invites you to experience a journey unlike any other — a journey through the heart of the Golden State.
Ready to find the perfect place and live your California life to the fullest? Start your search with Rent.
Let’s chat about the stock market. Specifically, let’s think about average investors like me and you. And let’s ask: how much money do we need to invest to become a millionaire?
First, we need to set some ground rules. It’d be easy to say, “If you invested in Apple stock in 2002, you could have 1000x‘d your money…boom, you’re a millionaire.”
But that’s not how reality pans out. In fact, we need to apply logical rules to our investing framework. The rules that I espouse on The Best Interest (and that matter for today’s article) include…
Dollar-cost averaging. It’s too hard to determine when the market is overvalued or undervalued. Instead, the long-term investor should commit to a consistent investing schedule (e.g. $300 every month, or 10% of every paycheck, or $10,000 yearly). In fact, waiting to “buy the dip” is demonstrably dumb.
Investing (in stocks) for decades. Simply put, stocks are not a short-term investment. They’re decades-plus. The data shows why.
Diversifying, a.k.a. buying the whole market. History proves how challenging it is to find the “needle in the haystack” in the stock market. This article dives into further detail.
Buy-and-Hold’ing. We don’t sell our investments when the headlines get scary. We hold. The past month has provided a terrific real-life example of why that is, as did the transition from 2022 to 2023.
We reinvest our dividends. This rule is a bit in the weeds but a complete no-brainer.
Make sense? Let’s now put these rules to work. I went back to 1950 and grabbed all the S&P 500 data (which will act as our proxy for “the stock market”) through today.
Then I asked, “If an investor followed our rules, how much would they have needed to save and invest to become a millionaire?”
***Important note: I’m also inflation-adjusting all this data to 2023 values. Being a millionaire in 1950 was drastically different than being a millionaire today. Hence, everything you see below is adjusted to modern terms to make our understanding easier.
We know compound interest is a powerful tool, so we expect millionaire status to get progressively easier over longer investing periods. But we also know the market can be volatile. Two 20-year periods can provide drastically different investment returns.
So let’s compare 10-year periods against 20-, 30-, and 40-year periods. And we’ll look at all 10-year periods from 1950 to today (same for 20-, 30-, and 40-year periods) to show how much variability/volatility exists.
The Data: Becoming a Millionaire in the Stock Market
This chart shows every 10-year period from 1950 to today.
We label each period by its first year; the X-axis shows that.
We then look at the stock market returns for each period to ask, “What annual investment would have gotten us to $1 million over this period?” The Y-axis shows that dollar amount.
e.g. the left-most bar represents the period from 1950 to 1959. Over that period, a $42,463 annual investment would have grown to a $1M portfolio.
For these 10-year periods, the average investor (the dotted red line) needed to invest $71,595 yearly to reach $1 million.
But the data that sticks out to me is the number of periods with a required investment above $100,000 annually. The 1965 and 1999 starting years are prime examples.
This is a glaring problem! If you’re investing ~$150,000 for 10 years (for a $1.5M total investment) and only end up with $1 million, you lost significant capital. Not good.
My takeaway: even over 10 years, the stock market can be volatile. We need to zoom out further. Let’s look at the 20-year data.
The average investor (in red) must commit $27,203 annually to become a millionaire. For those keeping track, that’s a $544,069 outlay over 20 years that grows into $1,000,000.
This data shows a few periods at or above the $50,000-per-year mark ($50K times 20 years = $1M). In other words, these periods showed near-zero, outright zero, or negative returns over 20 years. Examples include the period starting 1955, ’58-’60, ’62
But most periods provided legitimate, absolute returns. That’s great.
But can the average person save $27,203 per year? Then repeat that for 20 years? And this begs a bigger question that we won’t chase down today: is $1M the right goal in the first place. This is good food for thought.
Let’s move on to the 30-year chart.
The average investor (in red) must commit $11,347 annually to become a millionaire. That’s a $340,432 outlay over 30 years that grows into $1,000,000.
None of these periods flirt with zero or negative returns. The “worst” period was 1952 – 1981, which required a ~$23K annual investment (or ~$695K total) to grow into $1M.
And finally, the 40-year data…
The average investor (in red) must commit $4725 annually to become a millionaire. That’s a $189K outlay over 40 years that grows into $1,000,000.
Again, none of these periods flirt with zero or negative returns. The “worst” period was 1969 – 2008, which required a $7500 annual investment (or $299K total) to grow into $1M.
The Power of Long-Term Investing
The 30-year and 40-year charts are particularly encouraging if you break them down into monthly terms.
$1000 per month is powerful.
For most 30-year periods, $1000-per-month made you a millionaire.
For all but three 40-year periods, $1000-per-month made you a multi-millionaire.
“But $1000 per month is a lot!”
I hear you. But between 401(k) contributions, employer matching, IRA contributions, after-tax investing, etc…$1000 per month is a reasonable goal.
If you’re in your 20s or 30s, set your baseline investing goal at $1000 per month. You’ll be setting yourself up for terrific long-term success.
What If You Don’t Have 3+ Decades?
If you’re reading this at age 50, you might not have 3 or 4 decades to wait for the stock market’s compound magic. What to do?
Let’s consult our trusty bucket method. Think about your current assets and savings based on when you’ll need them in the future…
The money you need in your 50s –> Avoid the stock market. Too risky.
The money you’ll need from age 60-65 –> you can introduce some stocks, but as we’ve seen today, positive returns aren’t guaranteed.
The money you’ll need from age 66-70 –> stocks arebecoming increasingly enticing…
The money you’ll need from age 70+ –> 100% stocks is reasonable.
In summary, a fair portion of this 50-year-old’s assets should not be exposed to the stock market. Bonds, for example, are more appropriate.
Despite that, some of their money still has a 20-30+ year timeline. That money should be exposed to a risk asset like stocks.
Financial planning provides the backbone for these types of allocation decisions.
Just Start…
My investing journey started at age 22 with my first employer’s 401(k). Unsure what I was doing, I decided to learn.
11 years later, here I am.
There’s no guarantee the stock market will make me a millionaire. But history is on my side, and I’m controlling what I can (e.g. my monthly savings rate) to make it happen.
I encourage you to do the same.
Thank you for reading! If you enjoyed this article, join 7000+ subscribers who read my 2-minute weekly email, where I send you links to the smartest financial content I find online every week.
-Jesse
Want to learn more about The Best Interest’s back story? Read here.
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You’ll find amenities galore and a wide range of communities and rent prices among the best apartments in Phoenix.
As one of the best places to live within Arizona, Phoenix has plenty to offer those on the hunt for a new home. You get a bevy of scenic views, cool amenities for those hot days and access to luxury. It’s no wonder people are looking to rent in neighborhoods across this desert city.
Whether selecting a home in a more high-end spot, gravitating toward downtown or settling into the suburbs, most of the 1.6 million inhabitants of Phoenix moved here from somewhere else. They started off their journey just like yours; each trying to find the best apartments in Phoenix to call home.
To make your search easier, here are 25 of the best apartments in Phoenix to consider.
Offering upscale living with plenty of opportunities for entertainment and relaxation, Fairways on Thunderbird has a great amenities package. In addition to a pool and spa, media center and business center, you’ve got a picnic area with barbecues to use. There’s even a clubhouse with billiards.
Close to freeways and shopping, this community offers studio, one-bedroom and two-bedroom apartments. Most floor plans also come in under the average rent price in Arizona.
One of the few green communities on best apartments in Phoenix list, North Mountain Village offers up a modern, urban feel. Along with the two playgrounds and three pool areas, you get access to a breakfast/coffee concierge when you live here.
With studio, one-bedroom and two-bedroom units, this quiet community is pet-friendly and within walking distance to shops and restaurants. There’s even a dog park nearby.
The lush greenery and a fun stucco aesthetic at Vaseo will catch the eye of just about anybody.
On-site, you’ll find basketball courts and tennis courts for the athlete. A movie theater is there for the pop-culture fan. Complimentary charging stations for eco-vehicles make things great for the environmentally conscious. The playground and pool are also open for a little rest and recreation.
A variety of floorplans make this a dynamic community. One-bedroom and two-bedroom units vary in price. But if you live here, expect to pay a little more than the average rent rate in Arizona.
Located in the urban village of Ahwatukee, Pacific Bay Club is close to shops, boutiques and restaurants. All combined, they provide so much appeal, most residents never feel like leaving.
Pets are welcome in the one- and two-bedroom units and you’ll find a dog wash area on site. However, expect to pay a little more for the location and the extra amenities. With a variety of floorplans, most units rent for more than what you’d pay on average in the state.
Situated right near Desert Sky Mall, Del Mar Terrace is conveniently located within Phoenix. It’s a great spot to commute from. The on-site soccer field provides a unique recreational opportunity, and the onsite market and preschool make the community feel like its own little village.
One- and two-bedroom units are all within a very affordable range. Monthly rent is considerably less than the average you’d expect to pay throughout Arizona.
Plenty of trees and polished landscaping give the Villages at Metro Center a homey feel. The community is also across the street from Metro Center Mall when the shopping bug bites. Units come with covered parking and private patios or balconies. Additionally, there are three resort-inspired pools, a clubhouse and a playground
With studio, one-, two- and three-bedroom units available there’s a floor plan to meet anyone’s needs. Pets are also welcome, and most units fall under the state’s average monthly rent.
A sleek and colorful aesthetic gives Novella a fun feel. The design fits the tone of the neighborhood, known for its vibrant, up-and-coming vibe and its variety of shops and restaurants.
These luxe, three-bedroom units include all the high-end amenities that come with the community. These include a barbecue area, fire pit, lounge space and pool.
The eye-catching yellow doors will draw you into the newly renovated space at Amara. Located near the downtown campus of Arizona State University, this community is also close to plenty of entertainment, shopping and dining.
New interiors and a great pool put the studio, one- and two-bedroom units in demand, and the price is right too. All units have a lower monthly rent than the state’s average.
A senior living community with a long list of amenities, Phoenix Manor is a great place to retire to. This is a smoke-free space with a dog park, two heated pools and a nine-hole putting green. Two clubhouses, a library, lounge and coffee bar round out the special spots. You’ll also find invites to social actives like bingo and dances to make it easy to get to know your neighbors.
This community is all about creating an elegant and independent lifestyle. Studio, one-bedroom and two-bedroom units are all available. Most even price out under what the average tenant pays each month throughout the state.
An urban vibe permeates the boutique apartment complex of MODE Midtown. Another green community, living here is all about location. Nestled among the East Alvarado Historic District and Central Arts District, you’re close to so much local culture. There are art galleries, parks, boutiques and unique eateries. You’re also close to the Phoenix Art Museum, the Heard Museum, the Arizona Opera and the Phoenix Theatre.
Affordable one- and two-bedroom floor plans give you plenty of space both inside and out. Large rooms and a nice-sized patio are the perfect combination for comfortable living.
A covered playground, basketball court and pet play area means every resident at San Marina can find happiness and activity. There’s also a hot tub, pool and clubhouse. It’s in West Phoenix, putting you near great shopping and dining. You’re also minutes from outlet shops and close to State Farm Stadium.
One- and two-bedroom apartments, priced well below the state’s monthly rent average, give you plenty of choices. And, none of them will take a big bite out of your budget.
Water-scape views make Riverwalk stand out in the middle of Phoenix’s desert landscapes. Close to Scottsdale, the Camelback Corridor and Papago Park, you’re never far from, excellent shopping, dining, hiking and biking. You’ve even got a golf course around the corner.
Within the community itself, you’ll have access to a 24-hour heated, Mediterranean-style pool and spa. There’s also a cabana, sand volleyball court and a playground.
Live in a little luxury with these condominiums, some of the best apartments in Phoenix.
Upscale amenities and excellent service make 59 Roosevelt another solid community to consider calling home. A resort-style pool, clubhouse and community lounge provide residents with spots to relax and socialize.
Two- and three-bedroom units feature oversized closets, stainless appliances and hardwood floors. You’re conveniently located to shopping and dining as well. Commuting is also easy via the South Mountain 202 Freeway and I-10.
If you live a more active lifestyle, consider calling Los Vecinos home. Not only will you find a playground, swimming pool and picnic area, but plenty of athletic options. Right out your door are basketball courts, a soccer field and a volleyball court. Perfect your skills in one sport or more while meeting your neighbors while you do it.
This community is also a win based on its location. It’s close to great dining, shopping and public parks as well. Studio, one- and two-bedroom apartments rent below the average for the state, for an affordable find.
Twenty-four-hour customer service makes The Cove stand out as a great Phoenix find. Combining comfort with a resort lifestyle, here, luxury awaits. One-, two- and three-bedroom apartments rent with all the expected amenities.
Only blocks away from a grocery, and great dining options, you’re also within range of a lot of activity. This includes the Phoenix National Raceway, Ak-Chin Pavilion and American Family Field of Phoenix. With all the perks, rent prices are slightly higher than the state average.
Up in North Mountain, Azura is an allergen-free apartment community. It’s both pretty to look at and functional to live in. You’ll find a 24-hour fitness center, three pools, a dog park and more.
From this vantage point, you also have access to plenty of hiking trails and scenic landscapes. There’s no shortage of great pubs, bars and casual eateries as well.
Studio, one- and two-bedroom apartments are affordably priced. They rent under the state average, making it possible to get coveted amenities at a great rate.
Walking distance to shopping plazas makes it a no-brainer to check out Village Square. This apartment community is in Paradise Valley. You’re close to Phoenix Mountain Preserve as well as plenty of parks with biking and hiking trails. You also have easy access to downtown.
This ideal location, coupled with amenities like a media center, business center and pool, comes at a very reasonable price. One- and two-bedroom units rent for under $1,000 a month.
A modern feel makes Rise on Thomas something a little different. With studio, one-bed and two-bedroom apartments, you have plenty of choices when picking your perfect floor plan. The community features a fitness center and swimming pool, too. You’re able to stay in shape and cool off on all those hot days without going far from home.
Rent prices are close to what you’d pay, on average, throughout Arizona. The location is also central to downtown, Biltmore Fashion Park and Phoenix Children’s Hospital.
Giving off more of a house vibe, the best features of Thunderbird Villas are the garages and the balcony/patio most units have. You’ll also find renovated interiors and plenty of shops and restaurants nearby.
These townhomes are in South Phoenix, an area rich in local history and culture. Two-bedroom units have starting rental prices below the state average. Rents may stretch slightly above though, based on the amenities within.
Taking all its tenants’ needs into consideration, The Curve at Melrose is full of amazing amenities. Not only that, but the look of the community is hip and modern. You’ll want to hang out in the common spaces. This is all to keep up with the vibe throughout the Melrose District. This Downtown Phoenix neighborhood is known for being vibrant, eclectic and very urban.
Specific amenities throughout the community include a business center with a conference room, a Starbucks coffee bar, valet trash service and charging stations for electronic vehicles. You’ll also find a great pool area with a hot tub, a 24-hour fitness center, a clubhouse and even complimentary beach cruiser rentals.
Living in a park-like atmosphere gives Verde Vista wide appeal. The community has two pools, a picnic and grill area and a covered playground. When the days aren’t too hot, you can also use the soccer field and basketball and volleyball courts.
Floor plans are spacious. And, everything in the studio, one-bedroom and two-bedroom units has gotten remodeled recently. The price is right, too, with all units renting for under $1,000.
Congregate around the fire pit at Atwater. Get to your know neighbors in this pet-friendly, recently-renovated community. There’s also 24-hour maintenance, a barbecue and picnic area, pool and conference room.
A part of the Camelback East neighborhood, living here puts you beside Squaw Peak and entitles you to amazing views. You’re also nearby some dining gems and top-notch hiking. Two- and three-bedroom options mean plenty of space and like-new amenities.
What’s not to love about Desert Star? Studio and one-bedroom apartments are affordably wrapped up with amazing amenities. Not only is there a fitness center, but also a jogging track, basketball court and tennis court. You get a pool and two jacuzzis. For the kids, there’s also a playground. It’s fun for all.
This community’s location within Deer Valley also puts you in walking distance to Turf Paradise. This horse racetrack is the third-largest sport’s attraction in the entire state. You’re also not far from great shopping and restaurants.
A nice outdoor grilling space is just the start at Boulder Creek. This community prides itself on service. You have access to a 24-hour wellness center and 24-hour emergency maintenance. You’re also located near Arizona State University, Sky Harbor Airport and the Phoenix Zoo. When nature calls, you’re across from Papago golf course and park as well.
Priced below the state’s average, you’ll find studio, one-bedroom and two-bedroom units for rent.
With a sleek look, Proximity 16th Street brings plenty of updates to this South Phoenix community. A smoke-free residence, you’ll find charging stations for electric vehicles as well as smart thermostats, doors and locks within each unit. There’s Wi-fi access at the resort-style pool and video doorbells, as well.
A brand-new community along the Western Canal, one of the best amenities is Bark Park, the community’s dog park. This isn’t the only pet-conscious feature though. You’ll also find in-home doggie doors that go out to private patios.
The price tag matches the perks. One-, two- and three-bedroom units all price higher than the state’s average.
Renting the best apartments in Phoenix
There are so many choices when it comes to renting in The Valley of the Sun. Make sure you come prepared when the hunt begins. No matter where you start your search, it’s an exciting process to find apartments for rent in Phoenix. This is thanks to the variety of vibrant and picturesque neighborhoods all around town.
We looked at all available multifamily rental property inventory from January to June 2021 on Rent. to determine which properties with a Phoenix mailing address are most viewed by organic internet searches. The information included in this article is used for illustrative purposes only. The data contained herein does not constitute financial advice, availability or a pricing guarantee for any apartment.
Tulsa, Oklahoma, is bursting with culinary delights, and we’ve rounded up some of the best restaurants in town for you to try. From Caribbean and Italian to sushi and steakhouse, there’s something for every palate. Whether you’re a local looking for a new favorite spot or just passing through, these restaurants are sure to impress. So, if you’re ready to embark on a delicious culinary journey, here’s a list of must-try Tulsa restaurants that will leave you craving more.
1. Sisserou’s
Cuisine Type: Caribbean Restaurant Location: 107 N Boulder Ave Ste C, Tulsa, OK 74103 Website: Sisserou’s
Sisserou’s is known for its flavorful Caribbean cuisine, including jerk chicken, curry goat, and plantains. The restaurant also offers a variety of tropical cocktails to complement the vibrant flavors of the food.
2. Yokozuna
Cuisine Type: Sushi Restaurant Location: 309 E 2nd St, Tulsa, OK 74120 Website: Yokozuna
Yokozuna is a popular spot for sushi lovers, offering a wide range of traditional and creative sushi rolls. In addition to sushi, the restaurant also serves Japanese-inspired cocktails and other Asian fusion dishes.
3. Ti Amo
Cuisine Type: Italian Restaurant Location: 219 S Cheyenne Ave, Tulsa, OK 74103 Website: Ti Amo
Ti Amo is known for its classic Italian dishes, such as pasta, risotto, and wood-fired pizzas. The restaurant also offers an extensive wine list, perfect for pairing with delicious Italian cuisine.
4. PRHYME
Cuisine Type: Steakhouse Location: 111 N Main St, Tulsa, OK 74103 Website: PRHYME
PRHYME is a premier destination for steak enthusiasts, offering a selection of high-quality cuts and a sophisticated dining experience. The restaurant also features an extensive wine and cocktail menu to complement the steakhouse fare.
5. Antoinette Baking Co.
Cuisine Type: Bakery Location: 207 N Main St, Tulsa, OK 74103 Website: Antoinette Baking Co.
Antoinette Baking Co. is a charming bakery known for its delectable pastries, cakes, and artisan bread. In addition to sweet treats, the bakery also offers a variety of savory items, making it a perfect stop for breakfast or lunch.
6. Dilly Diner
Cuisine Type: American Restaurant Location: 402 E 2nd St, Tulsa, OK 74120 Website: Dilly Diner
Dilly Diner is a classic American diner serving comfort food favorites like burgers, sandwiches, and breakfast. The restaurant features a nostalgic ambiance with retro decor and a welcoming atmosphere.
7. STG Gelateria
Cuisine Type: Gelato Restaurant Location: 114 S Detroit Ave, Tulsa, OK 74120 Website: STG Gelateria
STG Gelateria is a delightful gelato shop offering a variety of artisanal gelato flavors, sorbet, and other frozen treats. The gelateria prides itself on using high-quality, locally sourced ingredients to create delicious desserts.
8. Lone Wolf Banh Mi
Cuisine Type: Vietnamese Restaurant Location: 203 E Archer St, Tulsa, OK 74103 Website: Lone Wolf Banh Mi
Lone Wolf Banh Mi specializes in Vietnamese street food, focusing on banh mi sandwiches, pho, and other traditional Vietnamese dishes. The restaurant offers a modern twist on classic flavors, creating a unique dining experience.
9. Chimera
Cuisine Type: Cafe Location: 212 N Main St, Tulsa, OK 74103 Website: Chimera
Chimera is a cozy neighborhood cafe known for its artisanal coffee, freshly baked pastries, and a diverse menu featuring breakfast, lunch, and dinner options. The restaurant also showcases local artwork and provides a welcoming community space for patrons.
10. The Vault
Cuisine Type: American Restaurant Location: 620 S Cincinnati Ave, Tulsa, OK 74119 Website: The Vault
The Vault offers a modern twist on American classics, with a menu featuring dishes like gourmet burgers, seafood, and handcrafted cocktails. The restaurant is housed in a historic bank building, adding a unique ambiance to the dining experience.
11. Bull In The Alley
Cuisine Type: American Restaurant Location: 11 E Mathew Brady St, Tulsa, OK 74103 Website: Bull In The Alley
Bull In The Alley is a hidden gem known for its upscale dining experience and a menu featuring prime steaks, fresh seafood, and an extensive wine selection. The restaurant is located in a historic alleyway, offering diners a secluded and intimate atmosphere.
12. The Local Bison
Cuisine Type: American Restaurant Location: 522 S Boston Ave, Tulsa, OK 74103 Website: The Local Bison
The Local Bison is a farm-to-table restaurant that prides itself on using locally sourced, sustainable ingredients to create seasonal menus featuring a variety of American cuisine. The restaurant also offers a selection of craft beers and cocktails.
13. East Village Bohemian Pizzeria
Cuisine Type: Pizzeria Location: 818 E 3rd St, Tulsa, OK 74120 Website: East Village Bohemian Pizzeria
East Village Bohemian Pizzeria is a cozy pizzeria known for its wood-fired pizzas, creative toppings, and a laid-back, bohemian atmosphere. The pizzeria also offers a selection of craft beers and wines to accompany the delicious pizzas.
14. The Chowhouse
Cuisine Type: American Restaurant Location: 18 Reconciliation Way, Tulsa, OK 74103 Website: The Chowhouse
The Chowhouse is a casual American eatery offering a menu of comfort food favorites, including burgers, sandwiches, and hearty entrees. The restaurant has a spacious outdoor patio, perfect for enjoying a meal in the open air.
15. Baxter’s Interurban Grill
Cuisine Type: New American Restaurant Location: 717 S Houston Ave Ste 100, Tulsa, OK 74127 Website: Baxter’s Interurban Grill
Baxter’s Interurban Grill is a modern American restaurant known for its diverse menu featuring a range of dishes, from gourmet burgers to seafood and pasta. The restaurant also offers a selection of craft cocktails and an inviting, contemporary ambiance for diners.
In our latest real estate tech entrepreneur interview, we’re speaking with Lara Gabriele from HomeWayz.
Who are you, and what do you do?
My name is Lara Gabriele and I have been involved in some aspect of the Real Estate Market since 1997. I didn’t realize until now that my path in life was going to lead me to this. I graduated high school and my first job was in banking. I learned everything from Loan Servicing to Fraud and Foreclosure to Processing and Underwriting through to selling actual Real Estate.
My background as a child was different in that my father died when I was young and my mother, who was from Lebanon, had to become the breadwinner. I learned early on that as a woman and a minority I was the only one who would be able to take control of my future. As a woman in Real Estate tech… well that was going to be much more difficult. Watching my mother struggle made that more real for me. I soaked up knowledge at every turn. Once I started to sell Real Estate it was evident that there were many manual tasks that could have and should have been automated so that the daily agent could do their job faster and much more efficiently than we were already doing. I was always asking my brokers where this technology was? Aside from lead gen and so-called training what were they really offering for a large percentage of my commission? Crickets…. so I decided to do it myself. I set forth to truly automate the things that agents do manually on a daily basis to free up their most valuable and limited resource: time.
What problem does your product/service solve?
HomeWayz Solves the not so glamorous problem of taking on the mundane tasks that an agent must accomplish in order to help their clients buy and sell the largest asset of their lives. We have created a truly unique fully automated workflow solution that allows for you to use automation for things like route generation, home schedules, feedback data, home search and allowing your client to have their own dashboard so they can enjoy the Journey. We created the first of its kind algorithm that will allow all of this to be done with a push of a button.
HomeWayz will eventually allow you the agent to do everything from uploading lead gen and CRM functionality to remarketing to your SOI while conduction a complete transaction on the platform at the same time. Yes, It’s a lot, but we have taken this on so you no longer have to.
What are you most excited about right now?
Honestly, everything. The industry is on tilt at the moment. The big boys are fighting amongst each other because they believe that the agent only cares about the front end of the funnel: lead gen. When you talk to veteran agents like myself we know that our business is so much more than that and we need help. I can’t wait to put my solution in the hands of the everyday agent on the go and see what they can accomplish with it! It will be an amazing turn of events once the agent has the ability to fully automate the most basic of processes.
What’s next for you?
We are headed to Inman Connect to showcase the core functionality of HomeWayz, the automated showing and route planner with Feedback. Once we get back we will be working on adding more features that are engaging and help showcase what an agent can really do in the eyes of their clients.
What’s a cause you’re passionate about and why?
Being Middle Eastern I am always concerned about what is happening there, The Middle East is made up of so much beauty and diversity that many times I believe that is lost through media and politics. I try to mentor people who have come to this amazing country. I work with the Women’s Junior League and other outlets to help as much as possible. Open dialogue and diversity are what this country is truly about..we are a beacon for so many other countries when it comes to many of the freedoms that they are not allowed to express. It truly makes me proud to be an American.
Thanks to Lara for sharing her story. If you’d like to connect, find her on LinkedIn here.
We’re constantly looking for great real estate tech entrepreneurs to feature. If that’s you, please read this post — then drop me a line (drew @ geekestatelabs dot com).
Inside: The Penny Challenge is an easy way to save money every day. By making small contributions of pennies each day, you can easily save hundreds of dollars. Plus a free printable!
Mastering the art of saving can be quite daunting, particularly for individuals living paycheck to paycheck. The idea of setting aside large sums of money daily might seem intimidating, leading to inertia and a lack of progress in saving attempts.
However, the Penny Challenge creates a refreshing approach to saving. You are saving pennies!
Thus, it takes away the pressure of dealing with large figures, making the saving process more accessible and manageable. Starting with as little as a penny a day, this challenge silently builds a savings habit and a more positive money mindset.
Rather than feeling overwhelmed, you gain slow and steady momentum in your saving journey, eventually accumulating a significant sum of $667.95 in 365 days. This subtle method of saving demonstrates that even slight changes in financial behavior can lead to impactful results.
The simplicity of the Penny Challenge is its greatest strength, making it an efficient and easy way to kickstart your savings journey.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What is the Penny Challenge?
The Penny Challenge is a delightful saving endeavor that begins with saving just one penny on the first day. The idea is to incrementally increase your savings by one more penny every day.
So, on day two, you save 2 pennies, on day three, 3 pennies, and so on. By the end of the year, on day 365, you’d save $3.65.
All adds up to a substantial $667.95 by the end of the 365 days!
History and Popularity of Penny Challenge
The Penny Challenge, while not heavily documented, appears to have its roots prior to social media where people started sharing it as an easy and fun way to save. It rapidly gained popularity because of its simplicity and the significant accumulation of savings from mere coins.
Today, people from all walks of life participate in Penny Challenges, tracking their progress and sharing their successes online. It’s not only popular among individuals but also families, helping children understand the concept of saving.
How the Penny Challenge Works
Around here at Money Bliss, we have plenty of money saving challenges to install habits of saving money.
The Penny Challenge is a suitable strategy for beginners, and even seasoned savers, making a significant impact on one’s back account by the end of the year with over six hundred dollars with just pennies.
Daily Contributions: Saving a Penny a Day
The core of the Penny Challenge is rooted in daily contributions.
Starting with one cent on the first day, you’ll boost your savings by an additional penny each day.
This means you’ll end up with three cents on the third day, four cents on the fourth, and so on. Remember, each penny is a stepping stone to building your wealth, so no amount is too small to fit in your piggy bank.
This habit-building exercise is particularly beneficial for those just starting out or anyone looking to make the most of their loose change.
Penny Challenge Chart in Action
Day
Penny Savings
Balance
Day 1
$0.01
$0.01
Day 2
$0.02
$0.03
Day 3
$0.03
$0.06
Day 4
$0.04
$0.10
Day 5
$0.05
$0.15
Day 6
$0.06
$0.21
Day 7
$0.07
$0.28
Day 8
$0.08
$0.36
Day 9
$0.09
$0.45
Day 10
$0.10
$0.55
Don’t be fooled! Pennies add up over the course of the year!
Monthly Contributions: An Alternative Approach
If daily contributions seem daunting or easily forgettable, consider the alternative monthly approach. Instead of saving each penny per day, you can make a lump sum deposit each month equivalent to the total you’d save daily.
For instance, in January you’d put away $4.96, in February $12.74, and so forth. This approach lessens the daily burden and keeps your saving habit on track.
Month
Penny Savings
Balance
January
$4.96
$4.96
February
$12.74
$17.70
March
$23.25
$40.95
April
$31.65
$72.60
May
$42.16
$114.76
June
$49.95
$164.71
July
$61.07
$225.78
August
$70.68
$296.46
September
$77.55
$374.01
October
$89.59
$463.60
November
$95.85
$559.45
December
$108.50
$667.95
If you like simplicity and want to start on any month, this approach is for you! The assumption is you save for 30 days regardless of the number of days in the month.
Month
Penny Savings
Balance
Month 1
$4.65
$4.65
Month 2
$13.65
$18.30
Month 3
$22.65
$40.95
Month 4
$31.65
$72.60
Month 5
$40.65
$113.25
Month 6
$49.65
$162.90
Month 7
$58.65
$221.55
Month 8
$67.85
$289.20
Month 9
$76.65
$365.85
Month 10
$85.65
$451.50
Month 11
$94.65
$546.15
Month 12
$103.65
$649.80
Raisin
Simply select one of the high-yield savings products offered by their network of federally insured banks and credit unions to begin your savings journey.
You can open a free Raisin account in just a few minutes!
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Penny Challenge Variations
Great news! There are plenty of ways to maximize your savings deposit with one of the advanced strategies.
Modified Versions of the Penny Challenge: 26 Week and 52 Week Challenges
For those who wish to tweak the Penny Challenge to fit their lifestyle better, there are modified versions such as the 26 Week and 52 Week Challenges. Many people prefer this as they are paid on a biweekly basis for budgeting.
For the 26 Week variation, you’d start with the max you would save which is $3.65 on week one, and decrease the saving amount by one cent every subsequent week, ending with $95.04k.
Similarly, the 52 Week variation begins with saving 3.65 on week one and ends with $3.13 on the 52nd week. Thus, saving $179.67.
These modifications are ideal for shorter time frames or lower savings targets.
Reverse Penny Challenge & its Benefits
The Reverse Penny Challenge works in the opposite direction to the traditional method. It starts by putting away $3.65 on day one and then decreases the amount by one penny each day.
The primary benefit of this approach is that it gets the more significant amounts out of the way early. For some, this method might be more digestible, and it can be particularly beneficial for those who find their finances tighter towards year-end.
All of our reverse money saving challenges are extremely popular since you may lose motivation to the end or other unexpected expenses pop up.
Coffee Habit Backwards Reward Challenge
Let’s be honest… most of these savings amounts are less than your cup of coffee at Starbucks or your Amazon order.
So, on those days you choose to spend money on coffee or a just-because purchase, then you must deposit the same amount into your penny challenge funds!
It’s just pennies, right?!?!
Other Popular Money Saving Challenges:
Grow your savings account with one of the other popular money savings challenges!
Acorns
Invest spare change, invest while you bank, earn bonus investments, grow your knowledge and more.
Every purchase you make means an opportunity to invest your spare change! So coffee for $3.25 becomes a $0.75 investment in your future.
Get Started
Penny Challenge Free Printable
Downloading the free printable penny saving challenge is a beneficial next step!
To access the free printable, you must subscribe to our email list. Then, you will be emailed the password to our free library – full of many printables to help you on your money journey.
FAQs about the Penny Challenge
By participating in the Penny Challenge and putting one penny in a jar every day, increasing the amount by a penny daily, you would end up with $667.95 at the end of the year.
It’s a simple yet effective way to accumulate a substantial amount from seemingly insignificant daily contributions.
If you were to save exactly one penny each day for a year without increasing the amount, you would end up with just $3.65 at the end of the year.
In contrast, the Penny Challenge’s incremental daily savings can significantly boost to a handsome $667.95 a year.
Every Penny Counts: Significance of Small Savings
While a penny might seem insignificant, the Penny Challenge proves that even the smallest denominations can cumulate into a significant sum.
This challenge reinforces the age-old adage, “A penny saved is a penny earned.” Teaching us that regularity and persistence in saving, regardless of the amount, can make a meaningful impact. It’s a testament to the potency of small daily habits in shaping your financial future.
Diving headfirst into the world of saving can often seem daunting, but any type of challenge makes it approachable and fun.
Seeing the Penny Challenge through to the end provides more than just financial gains; it instills a powerful habit of saving and exhibits the enormous potential of minor daily contributions. Upon reaching your savings goal, not only will you feel a sense of accomplishment, but your brain will also crave the repetition of this gratifying experience, motivating you to save more and tackle larger financial goals.
Remember, the journey of a thousand miles begins with a single cent!
Check out these mini savings challenges!
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Did the post resonate with you?
More importantly, did I answer the questions you have about this topic? Let me know in the comments if I can help in some other way!
Your comments are not just welcomed; they’re an integral part of our community. Let’s continue the conversation and explore how these ideas align with your journey towards Money Bliss.
While investors can buy both secured bonds or unsecured bonds, the main difference between the two is the amount of risk for the investor. Secured bonds are secured with collateral, e.g. by an asset or assets of commensurate value. Unsecured bonds are not secured with collateral, but investors who buy these bonds put their faith in the creditworthiness of the issuing company.
An example of a secured bond might be a mortgage bond, which is secured by the value of the underlying mortgage as well as the payments on that mortgage. An unsecured bond might be issued based on the promise of revenue. For example, a municipal bond that’s issued to raise money for a new hospital.
Key Points
• Secured bonds have collateral backing, reducing risk for investors, while unsecured bonds rely on the creditworthiness of the issuer.
• Secured bonds may be backed by physical assets or income streams, such as mortgage bonds or revenue bonds.
• Unsecured bonds, like U.S. Treasury Bonds, depend on the issuer’s creditworthiness and are riskier than secured bonds.
• Secured bonds offer the benefit of potential collection from issuer assets in case of default, but the process can be complex.
• Investors should consider their risk tolerance and goals when choosing between secured and unsecured bonds for their portfolios.
What Are Secured Bonds?
A secured bond is one that has an asset as collateral to back up a person’s investment. This asset can be something physical, such as a piece of property or equipment, or an income stream. A government agency might issue bonds to raise money to build a bridge, which is a common example of how bonds work.
In the government bridge-building example, the bonds could be secured — but, in this case, not by the bridge itself; rather, by the future revenue stream that will be generated after construction is complete when a toll will be charged for people to drive over that bridge.
This type of bond can sometimes be referred to as a revenue bond. These are often considered non-resource — meaning that, if the source of revenue dries up, the investor often doesn’t have an ability to get paid.
And a bond can actually be secured by both a physical asset and an income stream. An example of bonds that are secured by both is a bundle of mortgage loans. This has the physical property being mortgaged by borrowers as collateral, as well as the income stream that comes in when people make their mortgage payments.
A key benefit of choosing a secure bond is that, if the entity issuing the bond defaults on making payments to bond purchasers, then the investors can attempt to collect from the assets of the issuer to get their money.
The process isn’t necessarily as straightforward as an investor owning or buying bonds in default might like, however, in part because the collateralized assets may not be significant enough in worth to cover the totality of what’s owed — and in part because issuers may challenge the investors’ right to those assets. So, in reality, it can take weeks to months, or even longer, to actually get bond-related money from an issuer in default.
Investors who want to purchase secured bonds typically seek them out from corporations and municipalities. That doesn’t mean, however, that all corporate bonds are secured; in fact, many of these types of bonds are in fact unsecured.
💡 Quick Tip: Before opening any investment account, consider what level of risk you are comfortable with. If you’re not sure, start with more conservative investments, and then adjust your portfolio as you learn more.
What Are Unsecured Bonds?
Unsecured bonds are those that don’t have assets backing them. Instead, investors are given the “full faith and credit” of the entity issuing them that the bonds will be paid upon, as promised. U.S. Treasury Bonds, for example, are considered unsecured (although these are also considered one of the lowest risk investments available).
If the issuer of an unsecured bond defaults, owners of these bonds would still have a claim on the issuer’s assets, but are paid only after holders of secured bonds are paid.
From a risk and return perspective, it might seem as though secured bonds present a lower risk because they have collateral behind them. There may be some truth to that, but investors wanting low risk often buy Treasury bonds — unsecured investments — because the U.S. government has made all scheduled payments over the past 200+ plus years.
When choosing what bonds to buy, here’s guidance: as a generalization, debt that’s considered riskier will offer more attractive interest rates. Those backed by entities with strong economic profiles will have relatively lower rates. And, although “secured” sounds more reliable than “unsecured,” the reality is that a secured bond of “junk” quality is actually riskier than an investment grade unsecured bond.
A person’s goals when investing, including when choosing bonds, should help to guide which ones make sense to purchase.
Check out SoFi’s Investing 101 Center for strategies, news, and resources.
Secured vs Unsecured Bonds
There are pros and cons to investing in both secured and unsecured bonds. Investors would be wise to take everything into consideration. Here’s a quick look at the pros and cons
Secured vs. Unsecured Bonds: Pros
Secured bonds
Unsecured bonds
Security
Potential for higher returns
Low default risk
May be more choices on the market
Good diversification assets
May be a good middle-ground investment for less risk-averse investors
Secured vs. Unsecured Bonds: Cons
Secured bonds
Unsecured bonds
Subject to interest rate risks
Higher-risk
Not completely risk-free
More volatile
Lower potential returns
Subject to interest rate risks
Benefits of Investing in Bonds
In general, investing in either secured or unsecured bonds can have some benefits. Namely, that they provide a source of income, and can reduce portfolio volatility to certain degrees. But there are some differences, too.
Benefits of Investing in Secured Bonds
Bonds pay a fixed interest rate, typically paying investors twice a year, which creates the income that a bond holder may want. Plus, because they are typically lower in risk than stocks, they can help to reduce the overall levels of risk in an investor’s portfolio.
Because a person’s risk tolerance plays a significant role in the type of investing that is best for them, investors can determine their risk tolerance as a way of analyzing the degrees of risk that feel comfortable for them. Again, secured bonds are among the safest investments out there — but they’re not completely risk-free.
Benefits of Investing in Unsecured Bonds
The main benefit of investing in unsecured bonds versus secured bonds is the potential for higher or better returns. Since unsecured bonds are riskier, there’s a potential for higher rewards — the old adage is true, that there’s a correlation between risk and reward.
While unsecured bonds aren’t the riskiest investment on the market, they tend to be riskier than their secured counterparts.
How Bonds Factor Into Asset Allocation
Savvy investors typically create diversified portfolios, which contain a mix of assets, often including stocks and bonds with varying levels of risk and reward.
Diversification is the financial version of not putting all eggs in one basket, with asset allocation referring to the amount of money invested into each type of asset class within a person’s portfolio.
Individual investors can each decide what asset allocation makes the most sense for them, perhaps including 60% stocks and 40% bonds, as just one example.
Factors involved in determining asset allocation include an investor’s
• Financial goals
• Risk tolerance
• Investing timelines (when retirement is looming, for example, asset allocations may be different than for a younger investor)
By looking at these factors, along with possible investment options and their historical performances, an investor can choose a mix of assets that seem to dovetail best with his or her unique goals, challenges, and overall financial situation.
💡 Quick Tip: How to manage potential risk factors in a self-directed brokerage account? Doing your research and employing strategies like dollar-cost averaging and diversification may help mitigate financial risk when trading stocks.
Asset Allocation Models
There are four broad asset allocation models that can be shared to show varying investment strategies. Some, but not all of them, typically include bonds.
Capital Preservation Portfolio
As the name suggests, an investor creating this type of portfolio wants to preserve capital, and is averse to losing money, even short term.
This can be the type of portfolio created for investors who have short-term goals (meaning, those intended to be accomplished within one year), such as someone building an emergency fund, or saving to buy a car. Investors with capital preservation goals might put an entire portfolio in a money market fund because stocks and bonds alike can have short-term losses.
Income-producing Portfolio
Investors using this strategy typically focus on generating income, rather than portfolio growth, often because they will be living off investment income to some degree. For example, someone who is already retired might invest in income producing vehicles to supplement a monthly pension.
This person’s portfolio might include bonds, whether secured or unsecured, from government entities or corporations with a history of steady profitability. Other elements of the portfolio might include shares of stocks that pay dividends and/or real estate investment trusts. Investing in I bonds is another possibility.
Growth Portfolio
As a third investment model, a growth strategy can be chosen by people who want long-term portfolio growth. These investors may be willing to take more risk than those who fit into one of the two previous models described if they believe they can receive higher returns.
This investor may still be working and therefore not need to have their portfolios generate income yet. A portfolio focusing on growth may largely or even fully have stock investments.
Balanced Portfolio
This type of portfolio can be a blend of an income-producing and a growth portfolio. People of all ages along the investment journey may choose to use a balanced approach to manage portfolio volatility, and this type often contains a mix of common stocks with investment-grade bonds.
This type of portfolio, in other words, is created to balance assets that grow over time with less volatility with those that can produce growth.
Stock and Bond Allocation “Rule”
Financial professionals sometimes use formulas to determine the best mix of stocks and bonds in a portfolio for an investor. One such “rule” is to subtract the investor’s age from 110.
The number that remains may indicate the percentage of a portfolio that should go into buying stocks. So, while a 30 year old may use this to put 80% of funds into stocks, a 60 year old — using the same formula — would put in only 50%.
The remainder could be invested into a more conservative choice: bonds. Because different people have different risk tolerances, this is not a hard and fast rule; rather, it’s a starting point when deciding how aggressive or conservative an investor wants a portfolio to be.
💡 Recommended: Conservative Investing Explained
The Takeaway
Secured bonds and unsecured bonds differ in one key way: One is secured by collateral, and the other is not. That plays a role in how risky each type of bond is, and thus, can inform an investor’s strategy. Both types of bonds may have a place in an investor’s portfolio.
Portfolios may be rebalanced more often if an asset class experiences a significant change, with the goal always being to keep an investor’s portfolio on track with stated goals. Bonds of all types can be a part of that, but it may be best to consult with a financial professional for advice.
Ready to invest in your goals? It’s easy to get started when you open an investment account with SoFi Invest. You can invest in stocks, exchange-traded funds (ETFs), and more. SoFi doesn’t charge commissions, but other fees apply (full fee disclosure here).
For a limited time, opening and funding an Active Invest account gives you the opportunity to get up to $1,000 in the stock of your choice.
FAQ
What is the difference between secured bonds and unsecured bonds?
The main difference between secured bonds and unsecured bonds is that secured bonds are secured by collateral, whereas unsecured bonds are more or less dependent on the issuers’ creditworthiness.
What does it mean when a bond is secured?
A secured bond refers to the fact that the issuer of the bond has put up some sort of collateral. In that case, the bonds are less risky, because if the issuer defaults, the collateral can be sold to pay back bondholders.
What is the purpose of an unsecured bond?
Unsecured bonds allow companies or organizations to borrow money without putting up any collateral – which can be extremely helpful if they don’t have any. That makes them riskier, however, than secured bonds.
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Do you want to become a proofreader? If so, you may be interested in learning about the most popular proofreading course out there – Proofread Anywhere. In this Proofread Anywhere Review, I will help you learn everything that you can about this course so that you can decide if you should take it or not….
Do you want to become a proofreader? If so, you may be interested in learning about the most popular proofreading course out there – Proofread Anywhere.
In this Proofread Anywhere Review, I will help you learn everything that you can about this course so that you can decide if you should take it or not.
Proofreading is an in-demand job where you only need a laptop or tablet, an internet connection, and the skills to get started.
It’s a job where you can work at home or while traveling, and you get to choose your hours.
Learning how to proofread is a valuable skill that can open doors to a successful work-from-home career. Due to the increasing demand for online content, now is a great time to improve your proofreading abilities.
One popular way for improving your skills and starting a proofreading career is by taking the Proofread Anywhere course. In this article, we’ll talk about Proofread Anywhere, looking at what’s in the course, how it’s organized, the support available, and feedback from actual students.
If you’re looking for a quick Proofread Anywhere Review – Yes, I highly recommend taking this course if you are interested in learning how to become a proofreader. This course teaches you everything you need to know – from how to proofread and find mistakes all the way to finding proofreading jobs and building a successful career. The course is continually updated and it comes with lifetime access, which is amazing as well.
10
This free 76-minute workshop answers all of the most common questions about how to become a proofreader, and even talks about the 5 signs that proofreading could be a perfect fit for you.
Key Takeaways
Proofread Anywhere is a comprehensive course that teaches the skills needed to make money proofreading.
The course has an in-depth curriculum and a supportive community to help you succeed.
Many real students have shared positive reviews of their experiences with Proofread Anywhere.
Proofread Anywhere costs $697.
Proofread Anywhere Review
The below Proofread Anywhere Review will mainly be about their General Proofreading course – General Proofreading: Theory and Practice™ (GPTP).
What is proofreading?
Proofreading is the process of reviewing and checking a written document to find and correct errors in grammar, spelling, punctuation, and formatting.
As a proofreader, your job is to make sure a piece of text is clear, concise, and free from mistakes, making it easier for the reader to understand and enjoy.
If you often find yourself catching typos on restaurant menus, in books, on TV, or elsewhere, then this may be a great job to look into.
Recommended reading: 16 Best Ways To Get Paid To Read Books
What is General Proofreading?
General Proofreading is the core course sold by Proofread Anywhere. It focuses on teaching the theory and practice of proofreading various types of documents, from books and blog posts to academic papers.
General proofreaders are in demand across many different industries and can be hired by individuals or organizations. This versatility is what makes general proofreading a valuable skill applicable to a wide range of jobs.
The course aims to equip people with the skills and knowledge needed to start a freelance proofreading career.
What is Proofread Anywhere?
Proofread Anywhere is a company that has online, self-paced courses all about how to become a proofreader and how to start a proofreading business.
The goal is to teach you the skills to start a successful freelance proofreading business from your own home. The courses are made easy to understand, and you don’t need any prior proofreading experience (they will teach you the skills that you need in the course!).
When you enroll in a Proofread Anywhere course, you’ll have access to important resources like course materials and a helpful student Facebook group.
The company was started by Caitlyn Pyle, and Proofread Anywhere teaches people the ins and outs of the proofreading business while offering valuable resources and a supportive community. The goal is to give you the knowledge, skills, and confidence you need to start a rewarding and flexible career as a professional proofreader.
The General Proofreading: Theory and PracticeTM course comes with:
80+ lessons in 10+ modules
Bonus resource guides for all types of service-provider markets
40+ real-life example proofreading jobs
8 grammar-specific worksheets and workbook
Pep talk videos from the course creator
100-question in-depth vocabulary quiz
3 case studies
New and updated lessons
And more.
Who is Caitlin Pyle?
Caitlin Pyle is the founder of Proofread Anywhere. She’s an experienced proofreader who turned her skills into a successful freelance business.
Caitlin became a proofreader back in 2012 and made a great income with it. She was so passionate about proofreading that she started Proofread Anywhere as a blog back in 2014. It has since grown significantly!
She created Proofread Anywhere to share her expertise and help others find flexible, rewarding work-from-home opportunities. By providing accessible, high-quality training, Caitlin has already helped numerous students realize their freelance proofreading dreams.
You can read an interview that I did with Caitlin Pyle at How To Become A Proofreader And Work From Anywhere.
How much money do proofreaders make?
The amount of money you can make as a proofreader depends on things like your experience, speed, niche, and how much work you’re able to take on.
Proofreaders typically charge anywhere from $25 to $50 per hour, with some proofreaders earning even more. You can work part-time, work full-time, be self-employed, or be an employee for a business. So, the amount of money you can make will depend on that as well.
As you improve your proofreading skills and build your reputation in the industry, you can increase your rates and possibly earn a comfortable income working from home.
Many people and companies hire proofreaders and this can be a great way to grow your income and work from home.
Is Proofread Anywhere worth it?
If you are thinking about taking the Proofread Anywhere course, you’re probably wondering if it’s worth the time and money. I completely get it – you don’t want to waste your time or money after all.
I think that Proofread Anywhere is worth it, and I know several proofreaders who have gone through the course and now proofread.
Here are some reasons why taking the Proofread Anywhere course may be a great choice for you:
1. Helpful and educational lessons – Proofread Anywhere has two different courses: General Proofreading: Theory and Practice™ and Transcript Proofreading: Theory and Practice™. Both courses were created to give people the knowledge and skills they need in each of these proofreading areas. You will learn everything you need to know from start to finish, which is great!
2. Self-paced learning – You don’t have to worry about keeping up with a strict schedule, as the Proofread Anywhere courses are self-paced, which means that you can learn at your own comfort and convenience. This can be great if you have a busy lifestyle or if you simply prefer learning at your own pace. You can take the lessons at night, during the day, while watching your child, and so on.
3. Access to resources and support – Students of Proofread Anywhere receive resources like reference materials, quizzes, and practice worksheets (and these are amazing and so helpful!). There’s also a private Facebook group for students to share experiences, ask questions, find jobs, and more, which is very helpful.
4. Positive reviews – There are many positive reviews of Proofread Anywhere, and many students have said that the courses helped them improve their proofreading skills and even launch successful careers in the field.
5. Opportunities for growth – Completing a course from Proofread Anywhere not only improves your proofreading skills but can also open up new job opportunities. The skills you learn from these courses can be applied to many career paths, such as freelance proofreading, editing jobs, and more.
So, taking a Proofread Anywhere course can be a worthwhile decision for you if you’re looking to improve your proofreading skills and explore new career opportunities in this field.
How much does Proofread Anywhere cost?
Proofread Anywhere has two offerings – Ignite and Ignite Plus for the General Proofreading: Theory and PracticeTM course.
The Ignite package for Proofread Anywhere costs $697 and comes with lifetime access. This course teaches you how to become a proofreader and comes with all of the modules, a job board listing, bonuses, and more.
Ignite Plus costs $797 and includes everything in the Ignite package, plus a hand-graded exam (that will evaluate your aptitude and competence), certificate of completion, listing in the Self-Publishing School Preferred Outsourcer Rolodex, and membership in a separate marketing mastermind group for Proofread Anywhere general proofreaders.
Proofread Anywhere refund policy
Proofread Anywhere’s refund policy is 14 days long. If you are less than satisfied with your purchase, you can ask for a refund for any reason within 14 days of your purchase.
Pros and cons of Proofread Anywhere
Here are the pros and cons of the Proofread Anywhere General Proofreading Course:
Pros:
Thorough course content that covers proofreading basics and advanced techniques
Clear, easy-to-understand lessons designed for students with different levels of experience
Practical exercises and real-world examples that help you build your skills
Access to an online community where you can ask questions and receive support from fellow students and course instructors
Cons:
Some students may find the course price to be a little high, especially if they are just starting their proofreading career.
There might be a learning curve for those who are completely new to proofreading so that they can spot mistakes in content.
Proofread Anywhere has thorough courses for people interested in starting a proofreading career. The material is easy to understand, making it great for beginners to learn and grow their skills.
Proofread Anywhere course structure
The Proofread Anywhere course is organized and easy to follow, making it perfect for beginners looking to improve their proofreading skills.
Below, you will learn what is included in the Proofread Anywhere course as well as what you will learn.
This section will give you an overview of the course structure and a breakdown of the modules and lessons included.
Proofread Anywhere modules breakdown
The primary course offered by Proofread Anywhere is the General Proofreading: Theory and PracticeTM course.
This self-paced course comprises several modules, each containing lessons and video materials to help you grasp the concepts effectively. You’ll be able to learn at your own pace and make sure you thoroughly understand each topic before moving on to the next.
Module 1: Introduction To General Proofreading – In this module, you will learn what proofreading is, the skills that are needed, and an overview of what a proofreader does.
Module 2: Get into the Right Mindset – Here, you’ll learn about how to get into the success mindset, the different types of markets you can specialize in as a proofreader, and common terms used in the industry.
Module 3: Proofreading Basics – This module goes over the most common errors that you need to look for. There are also practice worksheets to test yourself.
Module 4: Proofreading Methods and Practice – This module will teach you the different types of proofreading methods.
Module 5: Turning Proofreading into a Business – This module is everything you need to know about how to turn your proofreading skills into a business. You’ll learn how to create a resume and website, how to set your rates, how to build your experience, and more.
Module 6: How To Find Clients – Here in this module, you will learn how to find clients.
Module 7: Your Workflow Once You Get the Job – This module teaches you all about your workflow once you have secured a proofreading job. From how to send the bill to sending over your completed work, this is a very helpful set of lessons.
Module 8: Getting the Most Out of the Freelancing Life – This lesson shows you how to structure your day, how to build confidence, and how to stay organized and productive as a freelance proofreader.
Module 9: Wrap-up Lesson – This is the final module in the Proofread Anywhere course, and it is a wrap-up of everything that you’ve learned.
Within the modules, you will also learn:
Grammar Refresher – This section covers grammar basics, including common myths and mistakes, parts of speech, pronouns, contractions, possessives, and verb forms. This equips you with the essential knowledge to become a professional proofreader.
Sentence Structure – In this crucial module, you’ll grasp sentence structure, subjects, predicates, sentence fragments, run-on sentences, subject-verb agreement, order of adjectives, adverbial clause vs. participial clause, and “which” vs. “that,” along with dangling modifiers. Strengthen your understanding and abilities with the comprehensive practice worksheets.
Spelling and Word Use for Proofreaders – You’ll be taught about different error types, typical typos, frequently misused words, handling numbers, American and British spelling differences, and capitalization – all important aspects for a proofreader. You’ll also get to practice with detailed worksheets and check your answers using provided keys.
Punctuation Principles – You’ll learn about common punctuation errors, including when and how to use apostrophes, hyphens and compound words, en dashes vs. em dashes, commas and semicolons, as well as quotation marks and italics. This section also covers American and British punctuation distinctions and includes a vocabulary quiz.
The course includes practice exercises in each module. These are meant to help you use your proofreading skills in real-world situations. The exercises range in difficulty, allowing you to progress and become more confident. By completing these exercises, you’ll get practical experience that will ready you for your future proofreading career.
Proofread Anywhere bonuses
There are also many bonuses offered in Proofread Anywhere’s General Proofreading course, such as:
“Look Better in Writing™ Handbook of Commonly Misused (and Abused!) Words” – This is a 57-page guide on words and terms that are easily mixed up and confused.
“The Ultimate Freelancer Tax Guide” – This is a 19-chapter guide all about accounting, tax preparation, deductions, and more.
“The Mindset Mastery Guide” – This is a guide on how to get over your fear of becoming a freelancer, how to see success, and more.
“5 Mindset Shifts for Goal-Crushing Confidence” – This is a resource that will teach you how to become more confident.
Proofread Anywhere support and community
When taking a course, it’s always nice to know what the community is like.
Facebook groups
As a Proofread Anywhere student, you will have access to a Facebook group dedicated to providing you a supportive and friendly community. These groups are designed for students to share their experiences, ask questions, and engage with others who are proofreaders.
Customer support
In addition to the Facebook group, Proofread Anywhere has great customer support to address any concerns or issues you might be facing. You can reach out to their team when you need help.
By participating in the community and utilizing the available support channels, you are not only reinforcing your learning journey but also building a strong network of fellow proofreaders. This will help you stay connected, motivated, and successful in your proofreading career.
Proofread Anywhere real reviews
Looking for real Proofread Anywhere reviews?
My proofreader’s real review of Proofread Anywhere
I have a proofreader for this website, Making Sense of Cents. Jill Klein has been proofreading for several years, and she personally took a Proofread Anywhere course back in 2016. I asked her two questions:
1. Do you think that Proofread Anywhere helped you become a proofreader?
“As a kid, I was a word nerd who won lots of spelling bees. Little did I know that this would lead to building a proofreading business later in my life.
But it wouldn’t have happened without Proofread Anywhere.
I had a good foundation, and then PA came along and helped me build up my business by adding walls, bricks, windows, a roof, and more. Through the PA course, I was able to improve my skills and expand my knowledge.
I am constantly learning new things about running an editing business, and the learning journey all began with Proofread Anywhere.”
2.Would you recommend the course?
“I always recommend Proofread Anywhere to anyone who asks!
Even now, seven years later, I remember the high quality of the instruction. It was a very good curriculum with top-notch teaching.
The course I took was Transcript Proofreading, and it has served me well in my nonfiction niche of proofreading content like web copy, advertising materials, and book manuscripts.
Plus, the PA Certificate of Completion provided credibility to clients who asked to see training documentation.”
Testimonials
Many students who have enrolled in and graduated from the Proofread Anywhere course find it well worth the money. They like the easy-to-follow course structure, self-paced learning, and lifetime course access. Most of the online testimonials are positive experiences with the course.
Proofread Anywhere Trustpilot reviews
Proofread Anywhere has excellent reviews on Trustpilot, with a 4.6-star rating out of 61 total reviews. The majority of customers have given the course a 5-star rating, while only 5% of Proofread Anywhere reviews are negative.
You can find the Proofread Anywhere reviews on Trustpilot here.
Proofread Anywhere Better Business Bureau
Proofread Anywhere is not listed on the BBB. This isn’t a bad thing, though, as most businesses aren’t listed on the BBB anyway.
Proofread Anywhere negative reviews
As with any product or service, there are bound to be some negative reviews. A very small percentage of customers have rated Proofread Anywhere with 1-star reviews. However, it’s important to remember that the majority of students are happy with the course, and the overall rating remains high. So, when looking for a proofreading course, Proofread Anywhere could be the right choice for you.
Transcript Proofreading course
Proofread Anywhere has another popular course – their Transcript Proofreading course.
Proofread Anywhere’s Transcript Proofreading course is a great course to take if you want to go into transcript proofreading.
Transcript proofreading is when you are proofreading for court reporters in the legal industry.
Here’s what’s in this course:
The Nuts & Bolts of Transcript Proofreading
Transcript Formatting, Moving Parts, and Processes
How to Use Technology and AI Tools to Proofread Transcripts
Practice With Real-Life Transcripts to Develop Your Skills
Effective Client Communication and Accounting
How to Find Clients
And more!
There is a free training workshop you can take on how to become a transcript proofreader here.
Recommended reading: How To Become a Court Transcript Proofreader
Frequently Asked Questions About Proofread Anywhere
Below are common questions about Proofread Anywhere.
Is proofreading a legit business?
Yes, proofreading is a legitimate business. Many people and companies rely on professional proofreaders to make sure their written content is free of errors and ready for publication. Proofreaders work with a variety of content such as books, articles, and websites. By taking courses like Proofread Anywhere, you can improve your skills and increase your chances of success in the proofreading industry.
Is Proofread Anywhere real? Is Proofread Anywhere a scam?
Proofread Anywhere is a real and legitimate online platform selling courses to improve your proofreading skills and establish a proofreading business. It was created by Caitlin Pyle, an experienced proofreader and entrepreneur. The overwhelmingly positive online reviews and the large student Facebook group show the program’s quality and legitimacy.
What does the Proofread Anywhere course offer?
Proofread Anywhere has comprehensive online courses that train you in the art of proofreading. The courses not only give you necessary proofreading skills but also guide you on how to set up a freelance proofreading business.
How long does it take to complete the Proofread Anywhere course?
The average time to complete the Proofread Anywhere General Proofreading course is under one month.
The time it takes to complete the Proofread Anywhere course will vary, though, depending on your individual learning pace and time commitment. The course is self-paced, so you can go as fast or slow as you would like. Some students may finish the course faster, while others may take more time to digest the material and practice the techniques.
Remember, you have lifetime access to the course as well!
Can you really make money proofreading? How much money can you make after taking Proofread Anywhere?
Yes, you can make money as a proofreader. However, like any freelancing work, your income will depend on various factors such as your experience, expertise, and the demand for your services. After completing the Proofread Anywhere course and gaining some experience in the field, you can potentially earn a steady income from proofreading work. The exact amount will depend on your personal success in finding clients and projects.
What kind of support can I expect after completing the Proofread Anywhere course?
After completing the course, students have access to several support resources, such as an online community for help and networking as well as finding proofreading job leads. Also, there is lifetime access to course updates.
Is there a Proofread Anywhere coupon code?
There might be Proofread Anywhere coupon codes or discounts available at certain periods. To get the latest information on promotions, it’s a good idea to keep an eye on the official Proofread Anywhere website and their social media channels. Also, if you sign up for the free training workshop, there is a very good chance that you will get a discount as well (highly recommend doing this as the free training is very helpful).
What is transcript proofreading?
Transcript proofreading is the process of reviewing and correcting written transcripts, which are records of spoken events such as interviews, speeches, or legal proceedings. A transcript proofreader checks accuracy and consistency, correcting errors in grammar, punctuation, spelling, and formatting. This specialized skill set usually requires extra training, and Proofread Anywhere offers a course focused specifically on transcript proofreading called Transcript Proofreading: Theory and Practice™, to help you develop these skills.
Proofread Anywhere Review – Summary
I hope you enjoyed this Proofread Anywhere review.
Proofread Anywhere is a very helpful online course designed to train you in the art of proofreading so you can transform this skill into a full-time or side income. Whether you want to make extra income or start a full-time business, this course aims to equip you with every necessary skill for spotting errors in documents and providing quality feedback.
Here’s a quick Proofread Anywhere review:
This is an in-depth course covering all aspects of how to become a proofreader.
There is a supportive community and there are resources for continuous learning.
The course helps in improving proofreading skills, in case you are new.
There are lots of practice questions so that you can spot mistakes once you start proofreading.
The course is extremely helpful and I think it’s a great choice for anyone who wants to become a proofreader.
Don’t forget, there is a free workshop where you can learn how to become a proofreader. You can sign up for free here.
What other questions do you have for my Proofread Anywhere Review? Are you interested in becoming a proofreader?
10
This free 76-minute workshop answers all of the most common questions about how to become a proofreader, and even talks about the 5 signs that proofreading could be a perfect fit for you.
Looking for a Home Loan? Here’s how to Calculate Your Eligibility
Are you looking to buy a new home and considering taking out a Home Loan to finance your dream property? It’s a significant step towards homeownership, but before you dive into the world of Home Loans, there’s an essential factor you should consider: your Home Loan eligibility.
Evaluating your eligibility is a crucial step in securing the right loan for your needs. Let’s explore why understanding Home Loan eligibility is so important and how you can calculate it.
Factors Affecting Home Loan Eligibility
Home Loan eligibility isn’t a one-size-fits-all process. Various factors determine it, each playing a vital role in your ability to secure a Home Loan. Among the most crucial factors are:
Age: Lenders often consider your age to assess your loan eligibility. Younger applicants typically have more extended loan tenures, which can result in a higher loan amount eligibility. However, older applicants may have more stable incomes.
Income: Your income is a significant determinant of your Home Loan eligibility. A higher income generally means you’re eligible for a larger loan amount. Lenders use your monthly income to calculate the Equated Monthly Instalment (EMI) you can afford.
Credit Score: Your credit score is an essential aspect of eligibility. A high credit score reflects good financial health and makes you a more attractive borrower. A low score can impact your eligibility.
Employment History: Lenders prefer borrowers with stable employment histories. Consistent employment demonstrates a steady income source, reducing the risk associated with lending. Self-employed individuals should have a stable business.
Calculating Eligibility
Now that you understand the key factors influencing your Home Loan eligibility for 30 lakh home loan. let’s delve into the process of calculating it. To calculate your Home Loan eligibility, follow these steps:
Step 1: Assess Your Monthly Income: Begin by calculating your monthly income, which includes your salary, any additional income sources, and rental income.
Step 2: Account for Existing EMIs: Deduct your current EMIs (if any) for other loans from your monthly income. This step is crucial because it determines how much EMI you can afford for your new Home Loan.
Step 3: Consider the Interest Rate: Lenders offer Home Loans at different rates. Keep in mind that higher interest rates can result in lower eligibility.
Step 4: Loan Tenure: Your loan tenure also affects your eligibility. Longer tenures mean lower EMIs, but they might decrease your eligibility for a specific loan amount.
Step 5: Calculate the Eligibility: Use a Housing Loan EMI Calculator online to compute your eligibility based on your monthly income, existing EMIs, interest rate, and loan tenure.
If you are wondering, “What is EMI?” here’s a brief explanation. EMI, or Equated Monthly Installment, is the fixed monthly amount you need to pay to the lender to repay your Home Loan. The EMI includes both the principal amount and the interest on the loan. You can calculate the EMI using online EMI calculators available on lender websites or financial websites.
Tips to Improve Eligibility
If you find that your eligibility falls short of your desired loan amount, don’t fret. There are ways to enhance your eligibility:
Improve Your Credit Score: Work on improving your credit score by paying off outstanding debts, avoiding late payments, and keeping your credit utilization low.
Increase Your Income: Consider exploring opportunities for increasing your income through a job change, freelance work, or investments.
Reduce Existing Debts: Reducing your existing EMIs can free up more income for your Home Loan EMI.
Opt for a Co-Applicant: Including a co-applicant in your loan application with a stable income can increase your Home Loan eligibility.
Loan Product Consideration
Calculating your eligibility is just the beginning. To make the most of your Home Loan, ensure it aligns with your unique requirements. Factors to consider include:
Loan Amount: Ensure the loan amount aligns with your budget and property cost.
Loan Tenure: Choose a tenure that suits your financial stability and long-term plans.
Interest Rate Options: Explore the available interest rate options to find one that fits your financial goals.
Conclusion
Calculating your Home Loan eligibility is a vital step in your homeownership journey. It empowers you to secure a Home Loan that suits your financial capabilities and long-term plans.
Before applying for a Home Loan, use a Housing Loan EMI Calculator and follow the steps in this article to calculate your eligibility. By understanding the key factors, assessing your eligibility, and considering loan product options, you can embark on your homeownership journey confidently.
Remember, securing the right Home Loan product can pave the way to your dream home. So, make your calculations, assess your eligibility, and explore loan options. Your dream home could be closer than you think.
Milestones, the all-in-one home management solution specifically designed for consumers to buy, move, own, sell, manage, and access mortgage services for their home seamlessly in one centralized portal, has announced its strategic alliance with FinLocker, a pioneer in digital, consumer-permissioned personal financial fitness tools focused on homeownership. This partnership will provide mortgage lenders with an end-to-end engagement solution to attract, nurture, and retain homebuyers and ensure their consumers have a smooth transition from initial interest, through the preparation for a mortgage, to closing and beyond.
FinLocker provides mortgage lenders and their originators with a hyper-personalized engagement platform to attract early-journey homebuyers to their business and nurtures them with personalized data-driven journeys using the financial tools and education embedded in the platform to achieve mortgage readiness and sustain homeownership.
Milestones complement this approach by guiding these educated leads throughout the decade-long journey of homeownership with online home management portals “hubs” that deliver a wide array of home services, such as home service providers, home value insights, home maintenance tasks, home document storage, and much more.
Together, this comprehensive solution will revolutionize the way consumers navigate the complex journey of homeownership by educating and empowering them from planning to closing, resulting in increased customer retention, and reduced customer acquisition costs for mortgage lenders.
“FinLocker is excited to partner with Milestones as the platform provides an extension of our financial fitness platform to prepare first-time homebuyers to qualify for a mortgage,” said Brian Vieaux, President and COO of FinLocker. “Mortgage lenders who use Milestones will now have an all-encompassing solution to attract, engage, nurture, retain and reactivate clients in their database.”
FinLocker and Milestones combined boast a myriad of features catering to both pre and post-transaction stages, ensuring a holistic and supportive homeownership experience.
Pre-transaction
Credit monitoring and credit score-building tools
Goal setting and budgeting for down payment saving and debt reduction
Financial Education
Homebuyer mortgage readiness assessment and guidance
Home Search
Streamlined mortgage application management
Post-transaction
Home Education Knowledge Base
Home Value and Home Equity Monitoring
Home Maintenance Task Reminders
Suggested Home Improvements to Build Equity
Home Document Storage
Home Services Vendor Marketplace
About FinLocker Headquartered in St. Louis, Missouri, FinLocker provides a secure financial fitness app that aggregates and analyzes a consumer’s financial data to offer personalized journeys to build and monitor their credit, manage their financial accounts, receive their net worth and cash flow analysis, create goals, save and budget to achieve loan eligibility for a mortgage and other financial goals.
Within the FinLocker app, consumers can take a readiness assessment before applying for a mortgage, begin their property search, and securely store personal and financial documents, which can be shared with a lender directly from the app to start their loan application. Mortgage lenders and financial service providers use their white-labeled FinLocker to generate and convert leads, gain market share, cross-sell value-added products, reduce loan processing costs, decrease risk, and create customers for life. For more information, visit FinLocker.com.
About Milestones Milestones is a homeownership solution that delivers personalized client portals (“hubs”) specifically designed to engage consumers at every stage of the decade-long homeownership journey – from buying, selling, moving, and managing a home. Milestones hubs give consumers access to a wide array of home service providers, insights into home value, and much more, positioning real estate professionals to stay connected, educate, and add value to create forever clients. Learn more at Milestones.ai.
Media Contact: Monika Sollee for Milestones [email protected]
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