10 Tips to Help You Stay Cozy in Your Apartment this Winter

Enjoy cozy vibes in your apartment all winter long with these 10 tips.

With temperatures dropping quickly and the shortest days of the year approaching fast, many apartment renters are looking for ways to stay cozy and ride out the long winter in complete comfort.

Here are 10 simple tips that are sure to help you stay cozy in your apartment until spring returns.

1. Avoid the overheads

Overhead lights are great when you’re staying up late to get some extra work done or trying to find something small you dropped on the ground. What they’re not great for is setting a cozy mood. With the sun setting earlier than any other time throughout the year, you end up spending a solid portion of the winter months basking in unnatural light, regardless of how much natural light your apartment receives in the middle of a sunny day.

Make the most of these early sunsets and treat yourself to some warm and cozy mood lighting. Whether that takes the form of an ultra-modern floor lamp, a hand-me-down lava lamp from your pop’s college days or a Michael Scott-style St. Pauli Girl neon sign, all that matters is that it puts your mind at ease and amplifies your cozy vibe.

2. Light a candle…or five

candles to stay cozy in your apartment

candles to stay cozy in your apartment

For hundreds of years, fire has been the most effective way for people of all walks of life to find coziness in the toughest conditions. From our cave-dwelling ancestors sharing stories around the warm embrace of a communal fire to you and your cousins sitting at the base of the fireplace while grandpa relives the glory days aloud, fires have always been a go-to for cultivating coziness.

Given the fact that many apartments are not equipped with a fireplace, you’re going to have to get a bit creative here. Luckily for you, candles are in vogue and that means every Walmart, Target and CVS boasts an entire section of seasonally scented candles perfect for mellowing out your apartment and inviting those cozy feelings in.

Pro tip: Create your own makeshift fireplace by getting a set of five or so scentless candles. Place them together in a safe spot in your apartment, turn off the lights and stay cozy around your new “fireplace.”

3. Invest in sweats

When you’re getting down to business, you put on a suit. When your business is staying cozy in the winter, you put on a sweatsuit. As temperatures drop and the sun only shows its smiling face for a few precious hours a day, comfort takes the top priority over style. This is especially true if you’re part of the still-growing population of people spending their nine-to-five working from home. Stay home, stay suited and stay cozy.

4. Slide into a quality pair of slippers

Person with slippers staying cozy in apartment

Person with slippers staying cozy in apartment

If you’re already committed to spending a majority of your winter rocking a sweatsuit, slippers are the next logical step (pun very much intended). Less rigid than shoes, more comfortable than your coziest pair of socks, a quality pair of slippers is the final piece you need to achieve total head-to-toe comfort and maximize your overall coziness as winter rages on outside your windows.

5. Organize your closet

Now that you’ve got a cozy sweatsuit and quality slippers, it’s time to trim the fat in your closet by tossing the things you don’t wear.

Buckle up, this step to staying cozy is a three-parter.

Part 1: Remove summer clothes you didn’t wear this year

Go through your closet and set aside all of the warm-weather items you didn’t touch throughout this past spring and summer. Put those clothes in a garbage bag or cardboard box and set them aside for a few months.

Part 2: Remove winter clothes you didn’t wear last year

Go through your closet and set aside all of the cold-weather items you didn’t wear throughout the fall and haven’t touched a month or so into the winter. Add those clothes to your warm-weather collection from a few months ago.

Part 3: Donate these clothes

Donate those clothes and enjoy the cozy feeling that comes with helping those in need in your community. And, as an added bonus, you’re creating more space in your closet for the fashion trends of the future.

6. Get creative

arts and craft supplies

arts and craft supplies

The lighting is right and your sweats are plush. Now that you’re equipped with the things you need to stay cozy, it’s time to take the next step and do some activities that invoke that highly sought-after feeling of pure coziness.

One great way to leverage your creativity to create a more cozy environment is to fill your walls and shelves with your own creations. You don’t have to be a Picasso to display your own artistic creations throughout your apartment. Even if you’re not the most creative person, the whole point here is to pass the time, ignite your imagination and create a more cozy environment in your apartment through your own artistic endeavors.

Whether you’re painting something simple like a heart, learning the ancient art of origami or hopping in on a new trend like creating your own macrame wall hanging, the important thing is that you’re enjoying yourself and engaging your imagination to fend off the boredom that often accompanies cold winter days.

Pro tip: You don’t have to spend money to learn a new skill. Look at YouTube for simple tutorials designed to help you perfect your craft without asking you to spend a dime.

7. Embrace your inner iron chef

They call it comfort food for a reason: it provides comfort. Whether that dish takes the form of a hearty hot soup, an extra cheesy casserole or a downright delicious batch of fresh-baked chocolate chip cookies, comfort food is undoubtedly one of the keys to cultivating a cozy atmosphere all winter long.

For those living in smaller apartments, an added bonus to upping your kitchen productivity throughout the winter is that you get a little residual heat from your stovetop or oven circulating around the apartment.

8. Work out with your bodyweight

person doing yoga

person doing yoga

Even if you’re living in a 400-square-foot studio, you still have enough room for some bodyweight workouts. While this may seem like a counterproductive activity to staying cozy in your home, bodyweight workouts offer a few advantages that contribute to an overall cozy vibe.

Working out is one of the most reliable ways to activate your endorphins and improve your overall mood. So, if you find yourself feeling bogged down by a cold gray day, take 15 minutes or so to work through some pushups, squats and situps. You can do these three simple workouts in minimal space with no equipment required.

These workouts can act as a palette cleanser for your mood and provide you with a fresh mental start even if you’re at the beginning of a long day.

9. Find your emotional support show

All due respect to 1950’s Hollywood, but the golden age of TV is happening right now. With specialized streaming services opening doors to all types of entertainment, there has never been a better time than now to cozy up on your couch for a full day of pure binging bliss.

If you’re looking for something that will put you in a cozy mood the second it shows up on the screen, here are a couple of qualifiers you should keep in mind before you dive into a new show.

  • Find something that’s easy to follow. This kind of show will allow you to work on your creative endeavors, prep your favorite dish or knock out a quick bodyweight workout circuit without losing track of the narrative.
  • Find something with at least three seasons. You can feel the effects of winter well before and long after the official start and end dates of the season. Because of this, it’s important to pick a show with some staying power that has the ability to last you to the spring.

It doesn’t matter if you’re a Netflix fanatic, a Hulu loyalist or dedicated to Disney+, you’re sure to find something that will have you feeling cozy every time take a seat on the couch and pick up the remote.

10. Hit the books

books to stay cozy in your apartment

books to stay cozy in your apartment

There’s something primally pleasurable about cracking open a book and transporting your mind to an entirely new world. When temperatures drop, this joy rises even more. While it’s difficult to put down the remote and pick up a new book, taking some time to read is a truly effective way to keep your mind off the cold and keep the cozy vibes rolling. Don’t know what to read? Here are three book recommendations that pair perfectly with a winter day.

  • “My Year of Rest and Relaxation:” Ever wonder what it would be like to hibernate for a whole year? Author Otessa Moshfegh explores this idea in a wildly entertaining novel that is currently in development to become a movie starring Margot Robbie.
  • “Out There – The Wildest Stories from Outside Magazine:” It’s hard not to feel cozy when you’re sitting in a temperature-controlled apartment reading about some of the most harrowing adventures ever documented in the freezing wilderness. Simple as that.
  • “The Little Book of Hygge:” Defined as “the art of creating coziness,” Hygge is something that is only achieved through concentrated efforts. Written by Meik Wiking, the CEO of the Happiness Research Institute in Copenhagen, this book is the definitive guide to cultivating coziness from arguably the most qualified person on the planet to do so.

Not interested in the titles above? Take a trip to your local bookstore and ask around for recommendations or look around for an online book club that matches your style.

Start prepping and stay cozy all winter long

It doesn’t matter if you’re using light to set the mood, putting your kitchen to the test or escaping your surroundings through a great show or book, coziness is within reach no matter who you are, where you live and what your interests are.

Source: rent.com

Dear Penny: Can My Husband Stop His Brother From Stealing His Inheritance?

Dear Penny,
I should note that some of the assets you mentioned, like IRAs and life insurance policies, pass through beneficiary designation rather than probate. That means whoever is listed as the beneficiary receives them regardless of what the person’s will states.
I’m also a bit confused about what role the accountant played in this situation. Typically, you’d need an attorney to draft legally binding documents, like a will or a trust.
But disputing a will is a long and expensive process. Most people who mount a challenge will lose.
Your husband can try to foster a discussion. He can try to make it as transparent as possible to avoid disputes with his brother. But ultimately, these aren’t your husband’s decisions. This is your mother-in-law’s money, not his. You and your husband will need to live with whatever choices she makes.
Related Posts
Is my husband’s brother able to keep him from his half of their inheritance? His brother has made himself the executor of the will and power of attorney, or something. 

Privacy Policy
I think your husband is most likely to be successful if he doesn’t approach the conversation from a position of entitlement. This isn’t about making sure he gets his half. The discussion should be about making sure they understand their mother’s wishes.
A better option would be for your husband to talk directly with his mother and brother about his concerns. That means your husband will have to re-establish communication with his brother. They don’t have to become best friends, but they will need to be cordial. Sometimes parents avoid discussing estate planning with their children when they know the siblings’ relationship is strained.
It’s possible to contest a will during the probate process after someone dies, but this is an uphill battle. Usually, you’d have to prove that the person lacked the mental capacity to make or change their will, or that they signed the will because of fraud or undue influence. You can also argue that the will wasn’t properly signed or witnessed in some cases.


My husband’s brother took their mother to his accountant to make sure her mutual funds, stocks and banking accounts were being taken care of and that nobody would be able to extort money from her. She is wealthy. The will stated everything was to be split equally, half and half. 
Ready to stop worrying about money?
I feel they should have gone together to the CPA. My husband won’t listen to me. Am I in the wrong? 
Source: thepennyhoarder.com
I’m not sure what you’re asking of your husband, or why you think you might be in the wrong. But I can’t imagine why your mother-in-law would leave everything to one sibling if she wanted both of her children to split things 50/50. And if your husband is counting on his brother’s goodwill to get an inheritance, he’s in for a rude awakening.
But your mother-in-law isn’t required to split everything down the middle. In fact, she doesn’t have to leave your husband anything at all. It certainly sounds like your brother-in-law is being sketchy here. But sometimes parents have good reasons for leaving one sibling a greater share of their estate. For example, if one child cared for them in their later years or one sibling has greater needs than the others, a parent may choose not to distribute things evenly.
Dear C.,
But that will be between your mother-in-law and her attorney. It’s important to understand that any attorney’s ethical obligation in this situation is to your mother-in-law. Their job isn’t to make sure your husband or his brother get the inheritance they think they deserve.
She has two homes. My husband’s brother has taken one of the homes and lets his mother-in-law reside there rent-free. 

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

What Can You Use Student Loans For?

To attend college these days, many students take out student loans. Otherwise, they wouldn’t be able to afford the hefty price tag of tuition and other expenses.

According to U.S. News & World Report, among the college graduates from the class of 2020 who took out student loans, the average amount borrowed was $29,927. In 2010, that number was $24,937 — a difference of about $5,000.

Student loans are meant to be used to pay for your education and related expenses so that you can earn a college degree. Even if you have access to student loan money, it doesn’t mean you should use it on general living expenses. By learning the answer to, “What can you use a student loan for?” you will make better use of your money and ensure you’re in a more stable financial situation post-graduation.

Recommended: I Didn’t Get Enough Financial Aid: Now What?

5 Things You Can Use Your Student Loans to Pay For

Here are five things you can spend your student loan funds on.

1. Your Tuition and Fees

Of course, the first thing your student loans are intended to cover is your college tuition and fees. The average college tuition and fees for a private institution in 2021-2022 is $38,185, while the average for a public, out-of-state school is $22,698 and $10,338 for a public, in-state institution.

2. Books and Supplies

Beyond tuition and fees, student loans can be used to purchase your textbooks and supplies, such as a laptop, notebooks and pens, and a backpack. Keep in mind that you may be able to save money by purchasing used textbooks online or at your campus bookstore. Hard copy textbooks cost, on average, between $80 and $150; you may be able to find used ones for a fraction of the price. Some students may find that renting textbooks may also be a cost-saving option.

Recommended: How to Pay for College Textbooks

3. Housing Costs

Your student loans can be used to pay for your housing costs, whether you live in a dormitory or off-campus. If you do live off-campus, you can also put your loans towards paying for related expenses like your utilities bill. Compare the costs of on-campus vs. off-campus housing, and consider getting a roommate to help you cover the costs of living off-campus.

4. Transportation

If you have a car on campus or you need to take public transportation to get to school, work, or your internships, then you can use your student loans to pay for those costs. Even if you have a car, you may want to consider leaving it at home when you go away to school, because gas, maintenance, and a parking pass could end up costing much more than using public transportation and your school’s shuttle, which should be free.

5. Food

What else can you use student loans for? Food would qualify as a valid expense, whether you’re cooking meals at home or you’ve signed up for a meal plan. This doesn’t mean you should eat out at fancy restaurants all the time just because the money is there. Instead, you could save by cooking at home, splitting food costs with a roommate, and asking if local establishments have discounts for college students.

Recommended: How to Get Out of Student Loan Debt: 6 Options

5 Things Your Student Loans Should Not Cover

Now that you know what student loans can be used for, you’re likely wondering what they should not be used for as well. Here are five expenses that cannot be covered with funds from your student loans.

1. Entertainment

While you love to do things like go to the movies and concerts and bowling, you should not use your student loans to pay for your entertainment. Your campus likely offers plenty of free and low-cost entertainment like sports games and movie nights, so pursue those opportunities instead.

2. A Vacation

College is draining, and you deserve a vacation from the stress every once in a while. However, if you can’t afford to go on spring break or another type of trip, then you should put it off at this time. It’s never a good idea to use your student loans to cover these expenses.

3. Gym Membership

You may have belonged to a gym at home before you went to college, and you still want to keep up your membership there. You can, as long as you don’t use your student loans to cover it. Many colleges and universities have a gym or fitness center on campus that is available to students and included in the cost of tuition.

4. A New Car

Even if you need a new car, student loans cannot be used to buy a new set of wheels. Consider taking public transportation instead of buying a modest used car when you save up enough money.

5. Extra Food Costs

While you and your roommates may love pizza, it’s not a good idea to use your student loan money to cover that cost. You also shouldn’t take your family out to eat or dine out too much with that borrowed money. Stick to eating at home or in the dining hall, and only going out to eat every once in a while with your own money.

Student Loan Spending Rules

The federal code that applies to the misuse of student loan money is clear. Any person who “knowingly and willfully” misapplied funds could face a fine or imprisonment.

Your student loan refund — what’s left after your scholarships, grants, and loans are applied toward tuition, campus housing, fees, and other direct charges — isn’t money that’s meant to be spent willy-nilly. It’s meant for education-related expenses.

The amount of financial aid a student receives is based largely on each academic institution’s calculated “cost of attendance,” which may include factors like your financial need and your Expected Family Contribution (EFC). Your cost of attendance minus your EFC generally helps determine how much need-based aid you’re eligible for. Eligibility for non-need-based financial aid is determined by subtracting all of the aid you’ve already received from your cost of attendance.

Starting for the 2024-2025 school year, the EFC will be replaced with the Student Aid Index (SAI). The SAI will work similarly to the EFC though there will be some important changes such as adjustments in Pell Grant eligibility.

Additionally, when you took out a student loan, you probably signed a promissory note that outlined what you’re supposed to be spending your loan money on. Those restrictions may vary depending on what kind of loan you received — federal or private, subsidized or unsubsidized. If the restrictions weren’t clear, it’s not a bad idea to ask your lender, “What can I use my student loan for?”

If you’re interested in adjusting loan terms or securing a new interest rate, you could consider refinancing your student loans with SoFi. Refinancing can allow qualifying borrowers to secure a lower interest rate or preferable terms, which could potentially save them money over the long run. Refinancing federal loans eliminates them from all federal borrower benefits and protections, inducing deferment options and the ability to pursue public service loan forgiveness, so it’s not the right choice for all borrowers.

The Takeaway

Student loans can be used to pay for qualifying educational expenses like tuition and fees, room and board, and supplies like books, pens, a laptop, and a backpack. Expenses like entertainment, vacations, cars, and fancy dinners cannot generally be paid for using student loans.

If you have student loans and are interested in securing a new — potentially lower — interest rate, consider refinancing.

There are no fees to refinance a student loan with SoFi and potential borrowers can find out if they pre-qualify, and at what rates, in just a few minutes.

Learn more about student loan refinancing with SoFi.


SoFi Student Loan Refinance
IF YOU ARE LOOKING TO REFINANCE FEDERAL STUDENT LOANS PLEASE BE AWARE OF RECENT LEGISLATIVE CHANGES THAT HAVE SUSPENDED ALL FEDERAL STUDENT LOAN PAYMENTS AND WAIVED INTEREST CHARGES ON FEDERALLY HELD LOANS UNTIL THE END OF JANUARY 2022 DUE TO COVID-19. PLEASE CAREFULLY CONSIDER THESE CHANGES BEFORE REFINANCING FEDERALLY HELD LOANS WITH SOFI, SINCE IN DOING SO YOU WILL NO LONGER QUALIFY FOR THE FEDERAL LOAN PAYMENT SUSPENSION, INTEREST WAIVER, OR ANY OTHER CURRENT OR FUTURE BENEFITS APPLICABLE TO FEDERAL LOANS. CLICK HERE FOR MORE INFORMATION.
Notice: SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income-Driven Repayment plans, including Income-Contingent Repayment or PAYE. SoFi always recommends that you consult a qualified financial advisor to discuss what is best for your unique situation.

SoFi Loan Products
SoFi loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license # 6054612; NMLS # 1121636 . For additional product-specific legal and licensing information, see SoFi.com/legal.

Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. A hard credit pull, which may impact your credit score, is required if you apply for a SoFi product after being pre-qualified.
External Websites: The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
SOSL18266

Source: sofi.com

[Live] Citi ThankYou Black Friday Deal: Get 15% Discount On Giftcard Redemptions (Apple & More)

The Offer

Citi sent out an email indicating that for Black Friday they’ll be running a 15% discount on gift card redemptions with ThankYou points. The following brands are shown in the email:

  • Apple
    Applebees
    Barnes & Noble
    Fanatics
    IHOP
    Spafinder
  • Fandango
  • AutoZone

We don’t know which other brands will be included.

Our Verdict

Apple and some others might be useful to some people as well, hopefully some other valuable brands like Best Buy will show up too.

Hat tip to reader Peek

Source: doctorofcredit.com

How to Get the Best Price on a Rental Car – 10 Simple Steps

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Dig Deeper

Additional Resources

Do you recognize this scenario? You’re planning to rent a small car for a vacation or business trip. Yet somehow, when you walk away from the car rental counter, you’re holding the keys to a much bigger car with a much bigger price tag. 

If this has happened to you, it was no accident. You were a victim of upselling — one of the many tricks car rental companies use to squeeze more money out of you. They lure you, scare you, or badger you into driving away with a bigger car than you planned. 

To save money on car rentals, you need to beat the agencies at their own game. First, do some research to figure out exactly what car you need. Then, shop around and use discounts to make sure you pay the lowest possible rate for it. 

How to Get the Best Price on a Rental Car

Getting the best rate on your car rental is largely a matter of doing your homework. You have to know what kind of car you need, when to book it, and where to shop for the best prices. You also need to know how to avoid tricky upsells and hidden fees.

1. Know What You Need

If you’ve ever rented a car before, you know rental companies often try to upsell you. When you arrive to pick up your vehicle, they don’t hand over the keys right away. 

Instead, they suggest you upgrade to a larger model than the one you booked. Often, they say it will offer more comfort, more power, or even better gas mileage. 

That last statement is unlikely to be true. In general, bigger cars use more gas than smaller ones. If you let the rental clerk talk you into a bigger model, you’ll end up paying more for gas and the car itself.

As for the extra room and extra power, they probably don’t matter. If you’re driving by yourself or with just one or two other people, a compact car should have enough space. And you’re unlikely to need more power unless you’re planning to drive up steep mountain roads or in deep snow.

If there’s any doubt in your mind about how much car you need, do some research before you book. Look for reviews of the model you’re considering and see what owners say about its comfort, mileage, and power. 

Then, when the clerk starts trying to sell you on a bigger model, you can say with confidence that the one you booked is just fine for your needs.

2. Book Early, Especially During Peak Travel Times

Car rental companies have a limited number of cars in their fleets. During peak travel times, every vehicle is in demand as customers flock to travel destinations. And when demand outstrips supply, prices go up. That’s simple economics.

So if you’re traveling during a busy travel season, reserve your car as far in advance as possible. You’ll avoid paying a premium for booking during the busy season or, worse still, finding the vehicle you want is unavailable.

3. Take Advantage of Discounts

Never pay full price for a rental car without checking for discounts first. There are all kinds of programs that can offer you a better price on a rental, including:

  • Military Discounts. Many car rental companies, including Alamo and Budget, offer discounts for military service members and veterans. Some also have special deals for other government employees or first responders, such as firefighters and police. If you belong to any of these groups, always ask about discounts when booking a rental.
  • USAA Rates. If your spouse or parent is in the military, you could get a discount through USAA. This financial provider serves active military members, veterans, and their spouses and children. Avis, Budget, Enterprise, and Hertz have special USAA rates. 
  • Senior Discounts. Several rental car agencies work with AARP to provide discounts for older adults. AARP members can save up to 30% at Avis, Budget, and Payless. And all travelers over 50 can get lower prices from Hertz through its Fifty Plus program.
  • Corporate Codes. Many businesses have partnerships with car rental companies. Their employees get better rates, and the agencies benefit from the extra business. Check your corporate travel site to see if your company has such a program. 
  • University Codes. Universities also cut deals with rental car agencies. Both students and alumni can get lower daily rates and other perks, such as a free additional driver. Check the student benefits or alumni deals page for rental car discounts.
  • Frequent Flyer Programs. Some frequent flyer programs can get you a reduced rate on a car rental. For instance, United MileagePlus members enjoy discounts and earn bonus miles when they rent through Hertz.
  • AAA. Being a member of AAA gets you discounts on all kinds of services, including rental cars. Currently, members can save between 8% and 20% off the base rate with Thrifty, Dollar, or Hertz. Check your local AAA website for the latest deals.
  • Costco. This warehouse club offers discounts on a lot more than groceries. One of the many benefits of Costco membership is its discounts on car rentals from Alamo, Avis, Budget, and Enterprise. Visit the Costco Travel site to access the latest exclusive deals.

4. Join a Loyalty Program

Many rental car agencies have loyalty programs that offer various discounts and perks. Most loyalty programs are free to join, and it takes only a few minutes to sign up.  

Joining one of these programs could get you benefits like:

  • Free upgrades
  • The ability to skip the line when you pick up your rental
  • A guarantee the car you sign up for will be available
  • An account that stores your rental preferences for future use
  • Rewards points you can cash in for free rentals or upgrades

And there’s nothing to stop you from signing up for multiple programs. You could join one for each rental agency you use. In fact, if you’ve already reached elite status with one company, you can usually carry over that status when you sign up for another agency’s program as well.

Some agencies, such as Avis and Hertz, also have special programs just for small-business owners. If you own a small business, these programs can give you a percentage off the base price every time you rent a car.

5. Compare Prices

Joining a loyalty program doesn’t mean you have to be loyal to one car rental company. It always makes sense to shop around and see if another company can offer a better price.

You could do that by calling several companies for quotes, but you don’t have to. There are several websites you can use to check rental prices across multiple agencies. 

One leading comparison site is AutoSlash. This free site factors in discounts from AAA and Costco and searches for online coupons to cut your rental price. It even notifies you if the rental rate drops after you book your car. That allows you to cancel it and rebook at the lower price.

However, AutoSlash isn’t the only site in the business. Other places to look for deals include CarRentals.com, Kayak, and Priceline.

6. Check Smaller Car Rental Companies

When you’re comparing prices, don’t limit yourself to the major rental car agencies. Small off-brand agencies such as Fox Rent A Car can offer significantly lower rates than the big companies.

These small agencies aren’t available everywhere, and they may not show up in results from sites like AutoSlash. But if there’s one in your area, it’s worth a call to see if they can beat the big companies’ prices. To find small local agencies, search the Internet for “car rental near me.”

7. Look for Coupon Codes

When you’re searching for rental car prices, do an extra search for coupon codes you can tack on at checkout. With the right code, you can save as much as 50% off the regular rental rate. 

On top of that, you can often combine these coupon codes with other discounts. For instance, they sometimes stack with savings from loyalty programs or frequent flyer programs.

If you shop through AutoSlash, it automatically seeks coupon codes for you. Other places to look for deals include Groupon and LivingSocial. Also, money-saving browser extensions like Capital One Shopping search for coupon codes and apply them every time you shop. 

8. Read the Fine Print

It’s not unusual to see online ads promising car rentals as low as $15 per day. These prices sound too good to be true — and they are. The price you pay is usually much higher due to taxes and fees excluded from the advertised rate. 

You can’t avoid all these extra fees. However, you can at least be aware of them to avoid any surprises. And you can always say no to extraneous car rental fees.

When comparing prices, look at the final price with all taxes and fees included. That way, you know you’re comparing apples to apples. 

9. Prepay

Most car rental companies offer two different daily rental rates: one for prepayment and a higher one for paying when you pick up the car (or simply renting on the spot). For instance, Budget charges rates up to 35% less when you pay ahead.

But despite the savings, prepaying isn’t always the smart move. If you prepay for your car and have to change your plans, you could get hit with a hefty cancellation fee. 

For instance, Alamo charges $50 for canceling a prepaid rental or $100 if you cancel with less than 24 hours’ notice. Canceling a regular reservation is only $50 with less than 24 hours’ notice and free if you cancel earlier than that. 

To avoid these fees, don’t prepay for your rental unless your travel schedule is fixed.

10. Use a Rewards Card

Once you’ve decided which car to rent and where, there’s still one more way to save: by choosing the right card to pay with. Many travel rewards credit cards, such as Chase Sapphire Reserve, offer special perks and discounts on car rentals. 

Depending on the card, you could pay a lower daily or weekly rate or earn extra rewards points. You could also get perks like free upgrades, free rental car insurance, a free additional driver, or a grace period on late returns.

Moreover, if you already have rewards points on one of these cards, you can sometimes get a bonus by cashing them in for travel deals, including car rentals. If your card offers a 50% bonus on travel, you could book a $30-per-day car rental with only $20 worth of rewards.


Final Word

There’s one tip that could potentially save you more than anything else. When planning your trip, think carefully about whether you need a rental car at all. 

In some cases, you can get by without a car. Instead, you can rely on a combination of rides from friends, public transportation, and ridesharing. 

That works particularly well if you only need the vehicle to get to and from the airport. In that case, paying by the ride is probably cheaper than renting a car that will spend most of the trip parked.

Another option is to take advantage of the sharing economy. It’s often possible to get a car through a peer-to-peer service like Turo for much less than a traditional rental. 

These services can offer access to vehicles rental agencies don’t have, such as sports cars or electric vehicles. And you don’t have to deal with any high-pressure sales tactics at the rental counter.

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Source: moneycrashers.com

9 Best Books to Read Before Buying a Home

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For most people, buying a home is the biggest purchase decision of a lifetime. In fact, it’s one of the biggest decisions, period. 

Your mortgage is probably the largest debt you’ll ever take on, and taking care of a house is one of the largest responsibilities. Next to getting married or having children, it’s hard to think of anything that will have a greater impact on your life. 

With so much at stake, it makes sense to learn as much as possible about the process before you take the plunge. You can find lots of articles about home buying online, of course, just like any other subject. But for a really in-depth take on the topic, you can’t beat a good book.

Best Books to Read Before Buying a Home

There are literally hundreds of books on home buying, covering the subject from every possible angle. Some real estate books provide a walk-through of the whole process. Some focus on the legal details. And some are all about getting the best deal on a mortgage.

With so many books to choose from, how do you find one that’s useful for you? To get started, look at what books other people have found most helpful. The books on this list all get good reviews from finance professionals, as well as ordinary homeowners.


1. “Home Buying Kit for Dummies” by Eric Tyson & Ray Brown 

All the books in the “Dummies” series explain complex topics — from computer languages to sports — to people who know nothing about them. “Home Buying Kit for Dummies” takes the same approach. It covers all the basics of buying a home in an easy-to-digest form.

This comprehensive guide covers every step of the home-buying process, including:

The book is ideal for first-time home buyers because it assumes no prior knowledge. It’s all in plain English, with no fancy lingo. You can read it from cover to cover or dip into it as needed to learn about specific topics.

To aid reading, the pages are peppered with icons marking key points. These include a light bulb for tips, a warning sign for pitfalls to avoid, and a deerstalker cap for topics to research on your own. They make it easy to spot important info at a glance.


2. “Buying a Home: The Missing Manual” by Nancy Conner 

The “Missing Manuals” series deals mostly with computer software and hardware. But it’s branched out into finance, another subject that ought to come with instructions. In this volume, Conner, a real estate investor, walks you through the home-buying process from start to finish.

“Buying a Home: The Missing Manual” is a step-by step guide to all the ins and outs of home buying. Its includes chapters on:

  • Choosing a real estate agent, mortgage lender, and lawyer
  • Choosing the right neighborhood
  • Finding your dream home 
  • Figuring out how much to offer on a house 
  • Financing your down payment
  • Comparing mortgages
  • Inspections
  • Closing costs

And it does all this with simple language and handy, bite-size chunks of information. Fill-in forms throughout the book help you apply the author’s expert advice to your specific situation.


3. “NOLO’s Essential Guide to Buying Your First Home” by Ilona Bray J.D., Alayna Schroeder & Marcia Stewart 

The legal website NOLO is the top place to find legal advice online. Along with its free articles, the site offers an array of do-it-yourself forms, books, and software. This walk-through guide to homebuying is just one example.

“NOLO’s Essential Guide to Buying Your First Home” covers most of the same topics as the Dummies and Missing Manual books, but from a different angle. It focuses on all the legal ins and outs of the home-buying process.

Although three attorneys wrote this book, it doesn’t rely on their knowledge alone. It draws on the knowledge of 15 other real estate professionals, including Realtors, loan officers, investors, home inspectors, and landlords. It’s like having your own private team of experts. For example:

  • A real estate agent offers tips on how to dress for an open house. 
  • A mortgage broker explains the risks of oral loan preapprovals. 
  • A closing expert discusses the importance of title insurance. 

Along with the expert advice, the book provides real-world stories from over 20 first-time home-buyers. Their experiences let you preview the process before jumping in yourself.


4. “Home Buyer’s Checklist: Everything You Need to Know — But Forgot to Ask — Before You Buy a Home” by Robert Irwin 

Every home-buying guide talks about the need for a home inspection. However, there are many problems home inspectors don’t always look for. The only way to detect them is to ask the right questions. In “Home Buyer’s Checklist,” Robert Irwin tells you what those questions are.

Irwin is a real estate professional with over three decades of experience. He knows all about the hidden flaws in homes and how to track them down. Irwin walks you through a house room by room and points out possible problem areas, such as:

  • Doors and door frames
  • Windows and window screens
  • Fireplaces
  • Light fixtures
  • Floors
  • Woodwork
  • Attic insulation

For each area, he notes possible problems and how to spot them. He also explains what they cost to fix and what damage they can cause if you don’t fix them. And he helps you use that information to your advantage in negotiating the price of the house.

Armed with this information, you can avoid unpleasant surprises when you move into your new home. It won’t make your house’s problems go away, but it will prepare you to deal with them — and keep the money in your pocket to do it.


5. “The 106 Common Mistakes Home Buyers Make (and How to Avoid Them)” by Gary Eldred

To first-time homebuyers, the real estate market is a big, confusing place. In “The 106 Common Mistakes Home Buyers Make (and How to Avoid Them),” Gary Eldred offers you a map to help you find your way around.

Eldred’s guide draws on the real-world experiences of homebuyers, home builders, real estate agents, and mortgage lenders. They shed light on the mistakes homebuyers make most often, such as:

  • Believing everything a real estate agent says
  • Underestimating the cost of owning a home
  • Buying in an upscale neighborhood that’s on the decline
  • Paying too much for a house
  • Letting your agent handle the price negotiations
  • Staying out of the housing market due to fear

With the help of Eldred’s examples, you can avoid these pitfalls and find a house that’s both a comfortable home and a sound investment.


6. “No Nonsense Real Estate: What Everyone Should Know Before Buying or Selling a Home” by Alex Goldstein 

As both a Realtor and a real estate investor, Alex Goldstein has been on both sides of a real estate transaction. This gives him a unique perspective on what works and what doesn’t in the home buying process.

In “No Nonsense Real Estate,” Goldstein puts that experience to work for you. He offers a step-by-step guide to the home buying process in language a first time home buyer can easily understand. This comprehensive guide covers:

  • The economics of the housing market in simple terms
  • The pros and cons of working with a real estate agent
  • What to look for in a home
  • Assembling a real estate team
  • Types of homes, such as single-family homes, condos, and co-ops
  • Traditional home loans and non-bank financing
  • Tips for sellers to get the best price on a home
  • The five elements of a successful real estate negotiation
  • Real estate contracts and closing costs
  • The eight steps of a real estate closing
  • The basics of real estate investing
  • A real-world case study of a home purchase
  • A list of frequently asked questions
  • A glossary of real estate terms

As a bonus, all buyers of the book gain access to a library of training videos and materials. They can help you find a real estate agent in your area, evaluate investment properties, and more.


7. “The Mortgage Encyclopedia” by Jack Guttentag

One of the most intimidating parts of buying your first home is getting your first mortgage. Not only is it likely the biggest loan you’ve ever taken out, there are dozens of options to consider. And the jargon loan officers use, from “escrow” to “points,” doesn’t make it any easier.

Jack Guttentag’s “The Mortgage Encyclopedia” offers a solution. The author, a former professor of finance at the University of Pennsylvania’s Wharton School, tells you everything you need to know about how mortgages work and what your options are. The book includes:

  • A glossary of mortgage terms, from “A-credit” to “Zillow mortgage”
  • Advice on nitty-gritty issues such as the risks of cosigning a loan and the pros and cons of paying points versus making a larger down payment 
  • The lowdown on common mortgage myths, traps, and hidden costs to avoid
  • At-a-glance tables on topics like affordability and interest costs for fixed-rate and adjustable-rate mortgages

For first-time homebuyers grappling with the details of choosing and signing a mortgage, it’s a must-read.


8. “How to Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye” by Elysia Stobbe 

Another book that focuses on mortgages is “How to Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye.” As the whimsical title suggests, mortgage expert Elysia Stobbe understands how frustrating the mortgage approval process can be. 

To keep you sane, she helps break the process down into bite-sized chunks of info that are easy to manage. Her guide walks you through such details as types of mortgages, loan programs, interest rates, mortgage insurance, and fees. 

Stobbe explains how to find the right lender, choose the best real estate agent to handle negotiations, and find an appropriate type of loan. She also devotes a lot of space to mistakes you should avoid. And she supports it all with interviews with top real estate professionals.


Buying a home is such a huge, complicated process that it’s often hard to figure out where to start. In “100 Questions Every First-Time Home Buyer Should Ask,” Ilyce R. Glink addresses this problem by breaking the process down into a series of questions.

This approach makes it easy to find the information you want. Look through the table of contents to find the question that’s on your mind, then flip to the right page to see the answer. Glink tackles questions on all aspects of home buying, such as:

  • Should I buy a home or continue to rent?
  • How much can I afford to spend?
  • Is a new construction home better than an existing home?
  • What’s the difference between a real estate agent and a broker?
  • Where should I start looking for my dream home?
  • What should I look for at a house showing?
  • How does my credit score affect my chance of getting a mortgage?
  • How do I make an offer on a home?
  • Do I need a home inspection?
  • What happens at the closing?

Glink combines advice from top brokers, real-world stories, and her own experience to provide solid answers to all these questions. And she wraps it up with three appendices covering mistakes to avoid and simple steps to make the home-buying process easier.


Final Word

All the books on this list offer a good grounding in the basics of home buying. But if you’re looking for more details on any part of the process, there’s sure to be a book for that too.

You can find books on just about every aspect of home buying. There are books on every stage of the process, from raising cash for a down payment to preparing for your closing. There are books about home buying just for single people and books on buying a home as an investment.

And once you move into your new home, there are more books to help you organize it, decorate it, and keep it in repair. Just search for the topic that interests you at Amazon, a local bookstore, or your local public library.

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Source: moneycrashers.com

23 Ideas for Cheap Christmas Decorations

If you’re dreaming of a white Christmas, but you live in an area that doesn’t get any snow, you can use spray snow to make your winter wonderland dreams come true. You can spray artificial snow on your windows to create a frosted look or spray your front door wreath to make it appear to be covered with snowflakes. A can of spray snow costs less than on Amazon.
Dress up your dining table to bring out the joy of the holiday season. Drape your table with a red, green or white tablecloth and fill a vase or tray with seasonal elements, such as pine cones, holly leaves, cranberries, sprigs of pine needles, jingle bells, candy canes or candles.
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23 Ideas for Cheap Christmas Decorations

Source: thepennyhoarder.com

1. Wall Christmas Trees

Turn empty flower pots into outdoor Christmas decor with just a little paint. You’ll need at least three pots of varying sizes. Paint them white if you want to create a snowman out of your flower pots or green to make a flower pot Christmas tree. Once dried, stack the pots on top of each other upside down and paint additional embellishments, like a face and buttons on your snowman or ornaments and tinsel on your Christmas tree.

2. Get an Artificial Christmas Tree

You can buy boxes of candy canes for cheap at grocery stores or dollar stores around this time of the year. Fill candy dishes full of these red and white striped treats to go on your tablescape, coffee table or end tables. Or hang one or two candy canes on your Christmas tree in place of buying more pricy ornaments.

A woman decorates a tiny Christmas tree.
Getty Images

3. Get a Tiny Tree

The weather’s getting colder. The days are getting shorter. Before you know it, Christmas will be here.

4. Garland

Transform your doors into the biggest presents ever by covering them in wrapping paper. You can use wrapping paper to decorate your interior doors as well as your front door. Add ribbon or a big bow for extra embellishment.

5. DIY Ornaments

Talk about easy Christmas decorations that make your home merry. You can also stack your wrapped present props in an empty corner, by the base of your staircase or on your front porch.

6. Twinkling Lights

Rather than buying an advent calendar this year, make your own. This post from Country Living has several ideas. Come up with whatever little treat, token or message you want to open each day.

7. Window Stickers

Whether you use a kit or make your own gingerbread from scratch, a gingerbread house is a fun holiday project that can double as Christmas decor. Just know it probably won’t last long — so consider this a temporary decoration!

8. Candles

Bundling up on a snowy day to go to the Christmas tree farm and chop down the perfect tree may be a sweet holiday outing, but you’ll get more bang for your buck by opting for an artificial Christmas tree. Now, artificial trees can get pricy themselves, depending on what size and type you choose. However, you can reuse the tree for years to come, rather than having to put it out to the curb when the new year rolls around.

A front door is wrapped in wrapping paper.
Getty Images

9. Decorate Your Doors

Candles are a simple and low-cost way to add a bit of Christmas spirit to a room. You can create a tablescape with red, green, white or gold candles — or set them on the mantle or a wide window ledge. Set battery-operated votive candles inside Mason jars painted in holiday colors for a flame-free decor option.

10. Bells Around Door Knobs

This winter craft doubles as a cheap Christmas decoration. You may be able to make it with items you already have at home: white tube socks, rice, buttons, pins and a scrap of fabric. This post from Darkroom and Dearly tells you exactly how to create them.

11. Decorate With Ribbon

Instead of buying an expensive 7-foot tree, you can save money by getting a much smaller tree that’ll fit on your tabletop. In addition to spending less on the tree, you’ll save on the amount of lights and ornaments you’ll need to decorate it.

12. Wrap Empty Boxes

Dress up your windows with seasonal decals. You can find window stickers of snowflakes, ornaments, gingerbread men and more at the dollar store, craft store and major retailers like Walmart or Amazon. If stored properly, you can even reuse them for next year.

13. Holiday Cards Display

An easy way to light up the outside of your house without needing yards of string lights and a ladder is to use a light projector. You can buy one on Amazon, Home Depot, Walmart and similar retailers for under .

14. Make your Own Advent Calendar

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A boy eats a gingerbread house he made.
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15. Gingerbread House

Deck the halls without wrecking your finances. Here are 23 festive ideas for cheap Christmas decorations.

16. Display Your Kids’ Holiday Artwork

A flat Christmas tree hung on the wall is a great space saver and money saver. You can make wall Christmas trees out of a string of lights, garland, a large piece of felt or even Washi tape. Check out this article from Apartment Therapy for ideas. It looks festive with or without a tree topper!

17. Create a Holiday Tablescape

Make your home not only look but sound festive by tying jingle bells to some red or green ribbon and then wrapping them around your door knobs. Whenever someone opens a door, the kiddos in the house will be looking over their shoulders to see if Santa’s coming.

18. Sock Snowmen

While you’re out shopping for gifts, it can be very tempting to add a bunch of holiday decorations to your cart to help get your home looking merry and bright. But the cost of Christmas decorations often gets overlooked when making your holiday budget — and you end up spending way more than you thought you would.

A person decorates their Christmas tree with candy canes.
Getty Images

19. Candy Canes

To avoid that post-holiday regret, consider these low-budget suggestions for decorating for Christmas.

21. Fake Snow in Windows

Forget the store-bought ornaments, and pick up your hot glue gun. Create wonderful holiday memories while crafting ornaments you can hang on your tree or use as decor around the house. See this Good Housekeeping post for over 75 ideas for DIY Christmas ornaments.

22. Flower Pot Decorations

Nicole Dow is a senior writer at The Penny Hoarder.

23. Light Projector

A string of lights can really spread holiday cheer. To save money, opt for shorter strings of light to cover smaller areas — such as a window or mantle piece, rather than along your gutters or around a 7 foot tree. You can also use a string of lights on a blank stretch of wall in the shape of a star or to spell out “Merry Christmas” in cursive.
You can use ribbon for more than just wrapping presents. Take some thick ribbon in Christmas colors like red, green or gold and use it to make bows to hang on your Christmas tree, your mantle and even on door knobs or drawer pulls. Tie them around a glass vase with a candle inside for a simple Christmas centerpiece. <!–

–>




Garland is a low-budget Christmas decoration that instantly adds holiday spirit to a room. In addition to stringing garland around your Christmas tree, you can hang strings of garland above your mantle, over your doorways, around your window frames or wrapped around the banister of your staircase. Instead of buying your garland, you can make your own using natural elements like dried citrus and pine cones, construction paper, popcorn or cheap ball ornaments.

10 States With the Highest Credit Scores

Smiling man with credit card
ViDI Studio / Shutterstock.com

For years, we’ve heard that Americans are hopelessly mired in debt, leaving many to struggle with poor credit scores. But in fact, those scores are now on the upswing, according to data analytics company FICO.

In August 2021, the average U.S. FICO Score 8 — the company’s most widely used credit score — was eight points higher than at the same point in 2020. Scores are rising in all 50 states and in the 33 metropolitan areas evaluated by FICO.

FICO says a number of positive behavioral trends have sent scores higher, including:

  • Fewer delinquent accounts
  • Lower levels of consumer debt
  • Fewer consumers heavily using their credit cards

Consumers in a handful of states are leading the way, according to a recently released FICO analysis. Following are the states where average credit scores are the highest.

10. Nebraska (tie)

Omaha Nebraska
Aspects and Angles / Shutterstock.com

Average FICO score: 733

Nebraskans quietly go about their business without fanfare. But don’t mistake this lack of boasting for financial passivity.

In fact, Nebraska’s economy is chugging along, with a microscopic 1.9% unemployment rate in October 2021 — the lowest in the nation.

Apparently, the state’s residents are working too hard to get into credit trouble, earning them a spot on this list.

10. Hawaii (tie)

Honolulu, Hawaii
MNStudio / Shutterstock.com

Average FICO score: 733

Despite a high cost of living and elevated debt levels, residents of Hawaii keep their credit scores healthier than those of many consumers on the mainland.

A couple of years ago, the state’s government reported that while Hawaiians carry more credit card debt than other Americans, they manage it better and have a significantly lower delinquency rate than consumers in other parts of the country.

8. Washington

Marina at Grays Harbor, Washington
Bill Perry / Shutterstock.com

Average FICO score: 734

For the second straight year, U.S. News & World Report named Washington the best state in the nation. The publication praised Washington for having the country’s fastest-growing economy.

A booming economy keeps a lid on credit troubles, helping Washington to land on this list.

7. Massachusetts (tie)

Provincetown, Massachusetts
Lewis Stock Photography / Shutterstock.com

Average FICO score: 735

Massachusetts just recorded its sixth straight quarter of economic growth. That beats the nation as a whole, which has seen four straight quarters of positive movement.

A plethora of good-paying jobs keeps people out of credit trouble, resulting in the Bay State’s appearance on this list.

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7. New Hampshire (tie)

Walter Liff sculpture
James Kirkikis / Shutterstock.com

Average FICO score: 735

New Hampshire’s motto of “Live Free or Die” apparently extends to living free of credit woes. The state has a low credit card delinquency rate and the lowest poverty rate in the nation, says 24/7 Wall St.

7. South Dakota (tie)

Wall drugstore in South Dakota
robert cicchetti / Shutterstock.com

Average FICO score: 735

Like Nebraska, South Dakota’s under-the-radar reputation masks a lot of financial moxie. In fact, the Washington Post recently dubbed the state “the new Cayman Islands for banks and finance,” thanks to tax-friendly — and controversial — laws that attract hordes of money from global elites.

The state’s residents are pretty financially savvy too, with credit scores that rank among the nation’s very best.

4. North Dakota (tie)

Fargo, North Dakota
David Harmantas / Shutterstock.com

Average FICO score: 736

North Dakota just edges out its neighbor to the south when it comes to average credit scores.

Nearly 90% of North Dakota’s land and one-fifth of its workforce are devoted to agriculture. Perhaps all that hard work on the farm keeps the state’s residents out of credit trouble.

4. Wisconsin (tie)

Madison, Wisconsin
MarynaG / Shutterstock.com

Average FICO score: 736

Folks in the Midwest have a reputation for being sensible, which might account for Wisconsin’s place on this list.

Late last year, CreditCards.com reported that Wisconsin had the third-lowest credit card burden among all U.S. states and the District of Columbia.

2. Vermont

Vermont couple walking in park in Autumn
Sergii Kovalov / Shutterstock.com

Average FICO score: 738

Vermont is famous for its foods — maple syrup, cheddar cheese and Ben & Jerry’s ice cream. It also has a solid reputation as a place where people know how to manage their spending.

The credit card delinquency rate here is a scanty 2.65%, according to 24/7 Wall St.

1. Minnesota

Minneapolis, Minnesota
Pinkcandy / Shutterstock.com

Average FICO score: 742

Minnesotans are a hearty bunch. With average high temperatures barely topping 20 degrees Fahrenheit in January, perhaps it’s too cold to live high off the hog.

Whatever the case may be, the state’s residents clearly are doing something right. Minnesota — which typically ranks high in terms of the economy and education — is No. 1 in the nation with an average credit score of 742. You betcha!

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Source: moneytalksnews.com

Seeking Alpha Review – Is the Premium Subscription Worth It?

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Our rating

  • What It Is: Seeking Alpha is a stock market news and research website that produces more than 10,000 articles per month, designed to give readers investment ideas and tools for evaluating different investments.
  • Membership Fees: Basic, Free; Premium, $29.99 per month or $239.88 annually ($19.99 per month); Pro, $299 per month or $2,388 annually ($199 per month).
  • Pros: Detailed research and opinions from bears and bulls, proprietary rating systems, intuitive stock screener, portfolio monitoring, earnings calls and transcripts, and notable calls from Wall Street experts.
  • Cons: Relatively high monthly fee, many of the premium features can be found free elsewhere, few tools for technical traders, and the vast amount of information can overwhelm newcomers.

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Dig Deeper

Additional Resources

Everything you read when it comes to learning how to invest tells you that research is the foundation of profitable investment choices. One of the best research tools for the fundamental investor is found at SeekingAlpha.com.

Seeking Alpha is an investment research service fueled by more than 7,000 contributors who produce more than 10,000 articles per month, with each having a unique stance on the topics they cover. Investors can benefit quite a bit from the company’s free services, but if you’re willing to pay for the premium service, even more tools are unlocked.

What Is Seeking Alpha?

At its core, Seeking Alpha is a crowdsourcing website that sources valuable investment research through a vast consortium of contributors. Seeking Alpha was designed for individual investors who are interested in choosing individual stocks. 

The vast majority of the content on the website is available for free for the first 10 days after publication. However, if you’re interested in in-depth research, stock screening tools, and proprietary rating systems, you’ll need to sign up for one of the company’s subscription services.


Pricing

There are three different pricing models available.

  1. Basic. The Basic subscription is absolutely free. With this subscription, you’ll gain access to free articles for the first 10 days after their publication as well as some portfolio management tools. For most casual investors who aren’t interested in diving deep into research and fundamental analysis, the Basic subscription is a great fit. 
  2. Premium. The Premium service unlocks all articles on the website regardless of their age. Premium members also get access to a customized news platform, an intuitive stock screener, proprietary Quant ratings, unlimited conference call transcripts, earnings call audio, and exclusive author ratings. In exchange, members agree to pay $29.99 per month or $239.88 paid annually ($19.99 per month). You can also try before you buy with the company’s 14-day free trial. 
  3. Pro. The Pro service comes with a price tag that will turn off most mom-and-pop investors at $299 per month or $2,388 paid annually ($199 per month). Designed for investors who manage large portfolios, the Pro service offers a curated collection of the most in-depth research offered through the platform. 

Key Features

As a research-centric service, the vast majority of key features offered by Seeking Alpha have to do with getting to know the companies you invest in before risking your hard-earned money on them. Some of the most exciting features you’ll gain access to when you sign up include:

Thorough Investment Research

With more than 7,000 contributors offering up more than 10,000 articles per month, you’ll have everything you need to research just about any publicly traded company and make a quality investment decision.

The vast majority of these articles are labeled as investment ideas that fall into one of the following categories:

  • Long Ideas. Long ideas are investment ideas centered around stocks that the authors believe will head up in value in the long term. 
  • IPO Analysis. Initial public offerings, or IPOs, are a hot topic among investors, and tools that help determine whether an IPO is priced fairly and has strong potential to grow in value are invaluable. The IPO analysis offered by Seeking Alpha is one of the best ways to go about analyzing an IPO trade.
  • Quick Picks. Quick picks are articles centered around stocks based on a specific investment theme or fundamental data. 
  • Fund Letters. Fund letters is a curated list of select letters from professionally managed funds to their investors outlining the investing landscape and their goals moving forward. 
  • Editor’s Picks. Editor’s picks are articles that are hand-selected by the editors at Seeking Alpha based on in-depth research, the author’s track record, and other factors.  
  • Stock Ideas by Sector. The Stock Ideas by Sector section of the Seeking Alpha website lets you quickly scan through any sector of the market. 

Beyond the basic search functions of the website and access to all articles regardless of how old they are, Premium members also enjoy a customizable news dashboard that displays articles on stocks and investment strategies they’re interested in first, making combing through the vast sea of content on SeekingAlpha.com far easier. 

Note that although investment ideas are shared on the company’s website, nothing on the site constitutes investment advice. The author couldn’t possibly know your unique goals, financial capabilities, risk tolerance, and other factors that make you, well, you. The platform is designed as a research tool. You should never blindly make an investment just because the title of an article on the platform suggests big gains are ahead. 

Article Sidebar

The article sidebar is a feature that’s only available to Seeking Alpha Premium subscribers, but it alone is worth the subscription fee for many investors. 

When making investment decisions based on what you read online, it’s important to validate the source of the research and ensure the author and the stock are worth following in the first place. The Article Sidebar makes this simple to do at a glance by offering a brief bullish and bearish synopsis of the stock, stock ratings from the authors on the platform, a real-time stock price chart, and ratings for the author who contributed the piece.

Quant Ratings

Technology and computerized trading algorithms have reshaped the investing industry. Today, the market is more active than ever before, and algorithms provide a trove of data on the potential of any investment. 

However, the details offered up by these algorithms are often difficult to understand, and therefore often are ignored by novice investors. 

The good news is that Seeking Alpha offers its readers quant ratings, which algorithmically rate stocks in an easy-to-understand way. These ratings are based on five key factors: value, growth, profitability, EPS revisions, and momentum.

Factor Scorecards

Factor investing has become a popular concept. The idea is that by investing in stocks that come with risk premiums like small-cap, value, growth, and other characteristics, you’ll be able to beat the average market performance in your portfolio. 

When analyzing these factors, Seeking Alpha offers an easy-to-understand score ranging from A+ to F.

  • REIT Scorecard: On scorecards for real estate investment trusts (REITs), Seeking Alpha provides scores based on funds from operations as well as adjusted funds from operations. 
  • Dividend Stock Scorecard: Dividend stocks are a great way to generate income through your investments. The Dividend Stock Scorecard takes various factors into account, considering not only whether the stock pays competitive dividends, but also whether those dividends are sustainable. 

Earnings Call Transcripts & Recordings

Earnings reports are some of the most important events in the stock market. Every quarter, publicly traded companies are required to provide updated financial information, letting investors in on the financial stability and growth prospects for the company. 

Basic members have access to earnings call transcripts, but if you want to listen to the recorded calls, you’ll need to upgrade to a Premium subscription. 

Earnings Estimates & Surprises

Basic members have access to past earnings data from the company’s they’re interested in as well as information on dividends. 

For premium members, the data becomes a bit more intuitive, offering analyst forecasts and earnings surprises, which show the extent to which the company beat or missed earnings expectations in recent quarters. 

Notable Calls

Across Wall Street, there are tons of investment grade funds and investing professionals that manage money for individual investors. These fund managers often provide quarterly letters to their investors outlining the state of the market and how they plan on capitalizing on it in the future. 

The Notable Calls section of the website, only accessible by Premium and Pro members, is a curated list of these quarterly announcements from some of the most well-respected hedge funds and investment-grade funds. 

Intuitive Stock Screener

Stock screeners make it easy to find the types of opportunities you’re looking for in the stock market. It seems as though every investing-centric website offers one. However, the screener offered by Seeking Alpha is one of the best in the business. 

As with any stock screener, you’ll be able to screen opportunities by volume, sector, stock price, and more. However, what’s unique about the Seeking Alpha screener is that it lets you screen stocks based on the company’s proprietary Quant Ratings and Factor Scores. 

So, if you’re looking for a technology stock that has both a high Quant Rating and Factor Score and is experiencing exceptionally high volume, you won’t have any issues digging an opportunity up. 

Personalized Alerts

Personalized alerts are available to all Seeking Alpha subscribers. These alerts come via email, informing you of any news and analyst upgrades or downgrades of the stocks you’re interested in. 

While the service is available to all users, Premium members get all the data in the email they receive, while Basic members must click to the Seeking Alpha website to see the full information associated with the alert. 

Portfolio Monitoring

Investors are able to connect their live investment portfolios to Seeking Alpha and monitor their holdings through the platform. Through the portfolio monitoring service, you’ll be able to track your portfolio and pinpoint the investments that are doing best and worst for you. 

Moreover, when you attach your portfolio, you’ll receive alerts when news and opinion articles are published around a ticker you invest in. Premium members enjoy faster time-to-delivery, ensuring you’re one of the first to see the news on stocks you invest in. 


Advantages

Seeking Alpha is one of the most successful investing-centric websites online today, and that popularity didn’t just happen out of the blue. There are several benefits to taking advantage of the services provided by the company, the most significant being:

1. Investing Ideas

Finding quality investment opportunities is arguably one of the most difficult parts of the investing process. Seeking Alpha is essentially a curated list of the best investment ideas produced by thousands of authors. 

Considering the sheer scale of content produced, you’ll be able to find quality ideas no matter whether your preferred style of investing is growth, value, or income.  

2. Free Services

For many investors, the content available under the Basic membership will provide everything you need to make wise decisions in the stock market.  

3. Proprietary Scores

The proprietary scoring system used by the company to provide at-a-glance information about stocks is second to none. Not only does the company take general fundamental data into account when creating these scores, it adds in a risk premium factor that’s difficult to find elsewhere.

4. Portfolio Monitoring

When managing your own self-directed investment portfolio, monitoring your performance in the market is key. The company makes this simple for both free and paid users, including email alerts when important news is released about a stock you’ve invested in.  


Disadvantages

Sure, there are plenty of reasons to consider signing up for this service. However, as with any rose, there are some thorns to be mindful of before grabbing a fistful and taking a whiff:

1. Not the Best Option for Technical Traders

If you’re a swing trader or day trader who relies heavily on technical analysis, you won’t find much value in the service. The company’s core focus is on providing fundamental data and research, and it leaves most technical data to companies that focus on providing that type of information. 

2. Many Features Are Found Elsewhere Free

While the company does make it easy to access tools in one space, much of what it provides can be found elsewhere for free. For example, there are tons of websites that publish free opinion articles on stocks, and a simple search on Google will provide a list of articles on the stocks you’re interested in. 

Moreover, stock screeners, portfolio monitoring services, and earnings data are all widely available for free online. However, it is worth mentioning that most free services don’t go as far in depth as the tools available at Seeking Alpha. 

3. It’s Expensive

Sure, $29.99 per month doesn’t sound like much, but if you have a beginner investment portfolio that consists of $1,000 in stocks, you’ll have to earn a return of nearly 3% per month just to cover the cost of the service. As such, the Premium service is most worthwhile for investors who have a portfolio value of at least $10,000. 

4. No Buy Recommendations

Seeking Alpha is not an alert service. In fact, the disclaimer on all articles on the website suggest that investors should make their own decisions. There are plenty of services with similar pricing that actually offer alerts, recommending when investors should buy or sell stocks. If you’re looking for an alert service that does so, you’ll have to look elsewhere.  


Final Word

All in all, Seeking Alpha is a great tool for the fundamental investor who takes the time to research what they’re buying before diving into a stock. With so many authors and articles on the platform, investors are able to see stocks they’re interested in from multiple points of view, helping to avoid investing based on a few skewed opinions. 

Moreover, Seeking Alpha is a great add-on service to those who use the Motley Fool Stock Advisor, which gives two trade ideas per month. By cross-referencing the ideas provided through the Motley Fool or another alert service with the in-depth research Seeking Alpha provides, you’ll be able to form educated opinions about whether the recommendations are worth following. 

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The Verdict

Seeking Alpha Logo

Our rating

Seeking Alpha is a valuable research tool for the fundamental investor. While it doesn’t offer much for technical traders and has a relatively high premium membership fee (starting at $29.99 per month), it is a great option for active investors looking to add detailed research to their repertoire of tools.

While there are plenty of benefits for paying subscribers, the service is relatively expensive compared to its competitors, and some premium features can be found elsewhere for free. However, active fundamental investors will benefit greatly from the detailed research and proprietary scoring system Seeking Alpha offers.

Editorial Note:
The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.

Source: moneycrashers.com

It Still Pays to Wait to Claim Social Security

Laurence Kotlikoff is a professor of economics at Boston University and author of Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life. He also developed MaxiFi Planner and Maximize My Social Security—software programs designed to help users raise their living standards by getting the most out of their Social Security benefits.

In its most recent annual report, the Social Security Board of Trustees said that if nothing is done, the trust fund will be depleted by 2033, which would mean Social Security would be able to pay out only 76% of promised benefits. What do you say to people who plan to file at age 62—which results in about a 25% cut in benefits—because they’re afraid the program will run out of money? I have run through our software a benefit cut starting in 2031, and you still see a very major gain from waiting to collect. But I don’t see the politicians cutting benefits directly. I think they’re going to raise taxes on the rich. Congress could also use general revenue to finance Social Security, or they could partially index benefits for the rich. Historically, they phase in changes, so anybody who is close to retirement is quite safe—and by close I mean 55 and older.

Yet many people fear that if they postpone claiming Social Security until age 70, they’ll die before they’ll be able to take advantage of the higher benefits. What’s your response to that? They’re ignoring longevity risk. If you’re 98 and collecting a Social Security check that’s 76% higher and adjusted for inflation, that’s where you want to be. A lot of people will live that long. If you buy home insurance and your house doesn’t burn down, are you shortchanged because you paid the premium? You’re protecting yourself against catastrophic events. Financially, the catastrophic event is living to 100.

Thanks to big increases in home values, seniors have seen their housing wealth grow to a record $9.6 trillion. Are reverse mortgages, which allow seniors to tap that equity while remaining in their homes, a good source of retirement income? When the Federal Housing Administration insured most reverse mortgages, I thought, they can’t be that bad. But when I spent several weeks looking at them carefully with software, I decided that they’re way too expensive. They’ve got huge fees. You could sell your home and move into a continuing care retirement community—that’s like buying an annuity and long-term-care insurance at the same time. Or you could sell the house to the kids and write a contract in which they let you stay in it until you die. You take care of me and as soon as I die, you get the house. I die early, you win. I die late, I win. But it’s a win-win because we’re insuring each other.

What did the pandemic teach us, if anything, about the state of personal finances in the U.S.? We don’t save enough. The Chinese save 30% of their disposable income. We save very little. This is a wake-up call. The pandemic got me to think about what I was spending on housing, living in Boston. We downsized and moved to Providence, where house prices were a third as expensive. The pandemic has been a saving and spending wake-up call for us, just as the Great De­pression was for those who lived through it. We’ve realized life is much riskier than we thought. The pandemic is making us all reevaluate our finances and what really matters, which doesn’t include driving a BMW.

Source: kiplinger.com