Who doesn’t like a little something extra? While there are some benefits your employer is required to provide you, they may also give you additional perks in the form of what are known as “fringe benefits.”
Here’s a look at some examples of fringe benefits, how they work, and whether they’re taxable.
What Are Fringe Benefits?
Typically, employers compensate their employees with a traditional paycheck and some additional benefits that they must provide, such as workers’ compensation coverage or unemployment.
But in an effort to keep workers happy, loyal, and motivated — attract new talent — many organizations also offer fringe benefits such as health insurance, childcare assistance, and employee stock options. These extras are above and beyond a regular paycheck and are often included in a hiring package. 💡 Quick Tip: We love a good spreadsheet, but not everyone feels the same. An online budget planner can give you the same insight into your budgeting and spending at a glance, without the extra effort.
Common Fringe Benefits
Here’s a look at some common fringe benefits:
• Accident and health benefits: Provides help with health-related costs not covered by your traditional insurance plan.
• Athletic facilities: Provides access to on- and off-site athletic and gym facilities.
• Dependent care assistance: Helps you pay for some care-related expenses for qualifying dependents, including children, a disabled spouse or legally dependent parents.
• Adoption assistance: Provides payment and reimbursement for expenses related to adopting a child.
• Employee stock options: Gives employees the chance to buy a certain amount of company stock at a specified price and by a certain time.
• Group-term life insurance coverage: Allows employers to provide their employees with up to $50,000 in tax-free insurance. Coverage is traditionally 1-2x salary, where the first $50,000 is received tax-free, then any additional coverage is taxed.
• Health savings accounts (HSAs): Provides tax-advantaged savings accounts for employees enrolled in high-deductible health plans. These accounts may receive contributions by the employer or simply be funded on a pre-tax basis by the employee to help them pay for dental and health care costs.
• Transportation and commuting benefits: Helps employees get to and from work, such as through the use of a company vehicle. Employees may also be able to have qualified transportation costs taken from their pre-tax pay, which reduces their taxable income.
• Tuition reduction: Allows employers to chip in for the cost of tuition to educate an employee and sometimes their spouse or children.
• Meals: Provides employees with free on-site food and snacks.
For a more complete list of fringe benefits, check out IRS Publication 15-B .
Are Fringe Benefits Taxable?
Generally speaking, most fringe benefits are subject to employment taxes. The taxes are taken out of your paycheck and reported on your annual tax return. (If you’re a contractor, you’ll typically report fringe benefits on a Form 1099-MISC. If you’re a non-employee, fringe benefits are not subject to employment tax.)
That said, the IRS does consider some fringe benefits nontaxable. This means they’re not subject to federal income tax withholding, Social Security, Medicare, or federal unemployment tax, nor must they be reported on your tax return. Often, in order for a fringe benefit to avoid being taxed, certain qualifications must be met.
Here are some extra perks that are considered nontaxable (the full list is available on the IRS’ site:
• Retirement planning services
• Adoption assistance
• Meals and snacks (If certain conditions are met)
• Health insurance (up to a certain dollar amount)
• Group-term life insurance (up to a certain amount of coverage)
• Commuting or transportation benefits
• Dependent care assistance (up to a certain amount)
• Awards given for achievements
Tax-Advantaged Fringe Benefits
Some fringe benefits allow employees to direct a certain amount of funds pretax toward qualified accounts and expenses, which can lower their taxable income.
These tax-advantaged benefits are (somewhat oddly) known as “cafeteria plans,” because they allow employees to select the benefits they want. You must be permitted to choose from at least one taxable benefit, like cash, and one qualified benefit. Examples of qualified benefits include:
• 401(k) plans
• Accident and health benefits, excluding Archer medical savings accounts and long-term care insurance.
• Adoption assistance
• Dependent care assistance
• Group-term life insurance coverage
• HSAs (distributions from HSAs can be used to purchase long-term care coverage.)
There are, predictably, a few more nuanced rules about cafeteria plans and employee tax treatment. While most regular employees receive normal tax treatment, other employees or contractors may not be treated as such for cafeteria plans.
If you have tax-related questions about fringe benefits, it might be a good idea to consult your attorney or preferred tax specialist. 💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.
Planning Around Fringe Benefits
Employers typically offer fringe benefits to make the work environment better for the people who currently work there and more desirable for prospective employees.
Some benefits may hold a lot of appeal. For example, 401(k)s are a powerful tool for saving for your retirement. But others may be less appealing. For instance, you may decide you don’t want to use FSAs, which often restrict how much you can contribute and when you have to spend the funds.
It’s common to choose which fringe benefits you want when you’re starting a new job and filling out your initial paperwork. However, many companies will allow you to go back and make changes if you decide later that some choices aren’t right for you.
The Takeaway
Fringe benefits can run the gamut from use of the company car to adoption assistance to employee stock options (to name just a few examples). These extra perks are in addition to your paycheck and can be a powerful way to keep workers happy and loyal while also attracting new talent.
Generally speaking, most fringe benefits are taxable, though some — like retirement planning assistance, athletic facilities, and on-site meals and snacks — are not. Some fringe benefits will even allow you to direct a portion of funds pretax toward qualified accounts and expenses, which can help lower your taxable income.
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See exactly how your money comes and goes at a glance.
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Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
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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.
Americans at risk of eviction are already stretched thin. This can make applying for eviction resources seem overwhelming.
“They’re also struggling to put food on the table, struggling to secure employment, going to appointment after appointment to secure benefits to keep their families safe,” says Emily Benfer of The Eviction Lab. “That’s a lot of toxic stress that that household is already undergoing, so the idea of adding 20 more calls to social services is daunting.”
Service providers understand this and are making the application process easier.
“It’s on us service providers to make it as low-barrier as possible,” says Emma Schmit, housing director of Lakes and Prairies Community Action Partnership (CAPLP), in Moorhead, MN. “They can call us, they can text us, we can do it over the phone, they can also walk in. You just need to do one assessment.”
Eviction resources specialists across the county can connect renters with the services they need. Schmit says people should reach out at the first sign of trouble.
“If they get a late notice or a disconnection notice, we want them to contact us as soon as they can,” she says. “It does take time.”
There are many eviction resources that renters can use to stay in their homes. Some renters will qualify for federal housing programs. Others can use emergency rental assistance, get help paying for utility bills, food, moving expenses and more.
1. HUD
If you’re part of a low-income household, start by applying for federal housing programs. The U.S. Department of Housing and Urban Development (HUD) runs several affordable housing and grant programs in the U.S.
To see if you qualify, contact a Public Housing Agency (PHA) at (800) 569-4287. You can also search for a qualified agency online. Just enter your state to find a HUD-approved adviser in your region. Housing counselors can help you sign up for programs if you’re eligible.
Demand for these programs is high and the waitlist is very long. Some qualified applicants wait for months or years before they can get help. So, apply for short-term eviction resources, food aid and other programs in order to offset rental costs while you wait for a long-term solution.
2. Emergency Rental Assistance (ERA)
The U.S. Government stepped in to help Americans pay their rent and utility bills in 2021. The Federal Emergency Rental Assistance program distributed 46 billion dollars to states, U.S. territories, local governments and Native American tribes.
This program is pandemic-related and funds will run out. So, renters at risk of eviction should apply soon as possible. Search the federal database by city, ZIP code, state or tribe.
3. The NLIHC
The National Low Income Housing Coalition (NLIHC) also maintains a list of emergency eviction resources across the country. Many of the programs in this database will show up in other databases as well.
Sarah Gallagher, senior project director for the NILHC’s ERASE project (Ending Rental Arrears to Stop Eviction), says that the NLIHC database is updated weekly. This helps applicants feel confident that funding is still available when they sign up.
The database includes state, county and city aid organizations. They distribute the funds to renters in many ways. Some help pay back rent or utility bills. Others provide legal help or cover moving expenses.
To see what’s available near you, just enter your state, U.S. territory, tribe or locality into the online tool. The results will include a link to the program and a description of the communities that it serves. It also describes what the program funds, so you can target your applications effectively.
You will need to apply for each program individually. Be prepared for a wait.
“Many of the programs are pretty overwhelmed,” explains Gallagher. “You want to make sure that they’re applying for everything that they’re eligible for. But they can only receive assistance from one. If they have two applications in, they can always withdraw one.”
4. The CFPB
The Consumer Financial Protection Bureau (CFPB) offers eviction resources for a variety of circumstances. You can search for advice about what to do if the eviction process has just started or if you’ve already been evicted. Resources are available in many languages, including Spanish, Vietnamese and Tagalog.
The CFPB also maintains an emergency rental assistance database. It includes organizations that will help renters pay overdue utility bills as well. Just enter your state, territory, tribe or tribal land into the dropdown menu to find available city, state, county and tribal programs near you.
You can also find housing counselors and agencies that offer free or discounted credit and renting advice. Enter your ZIP code to find resources in your neighborhood. All agencies are approved by the U.S. Department of Housing and Urban Development (HUD), so they can also determine if you’re eligible for HUD programs.
5. 211
“One good place to start is 211,” explains Emma Schmit of CAPLP. “They can do that quick screening and then connect a family who needs diapers or food.”
In addition to nutrition programs and services to help families meet their basic needs, 211 also provides mental health resources and help with medical bills and prescription medication. Some local programs also provide information about housing expenses and programs to pay utility bills.
You can call 211 from any telephone. When you share your location, you’ll get updated information about programs that are available in your area. All calls are confidential.
You can also explore your options online at 211. Enter your address or ZIP code into the search tool to get connected with health and human service agencies close to home.
6. Direct-To-Tenant Resources
ERASE’s Sarah Gallagher explains that some landlords are slow to accept Federal Emergency Rental Assistance, even though it can keep renters in their homes. Others refuse to accept it at all. A recent ERASE survey of participating programs across the country shows that this is a widespread problem.
“Overall, we found that the lack of participation was much more prevalent among landlords,” she says. “Of the programs that responded, 27 percent said that landlords often or sometimes refused to participate.”
Their reasons vary. Some landlords were unresponsive, unavailable or behind on paperwork. Others didn’t want to produce a W-9 tax form or report their income. Still, others wanted to retain the ability to evict tenants, even though the tenants had been approved for ERA funds.
The NLIHC says that direct-to-tenant programs can help renters bypass uncooperative landlords. These programs pay tenants directly. The tenants use the funds to pay the landlords, and the landlord never knows where the money came from.
Renters can search a list of direct-to-tenant programs within the NLIHC database. If you have an unresponsive landlord, tell your housing counselor early in the application process. Focusing the search on direct-to-tenant resources — and using aid to pay for utilities or food — will save everyone time and energy and increase your odds of success.
7. Disability Services
There are a variety of federal programs to assist Americans with disabilities. These include public housing, subsidized housing and rental assistance programs.
The Disability Services homepage includes information about these programs, as well as links to state and local opportunities. Use it to see if you’re eligible for a Non-Elderly Disability (NED) voucher to get help with your medical bills or to file a complaint. There’s a special section for disabled veterans, as well.
8. The U.S. Department Of Veterans Affairs
The U.S. Department of Veterans Affairs (or the VA) operates a number of services for veterans in crisis or at risk of homelessness. If you’re at risk of eviction, contact your nearest VA medical center and ask to speak with a VA social worker. Female veterans can request the Women Veterans Program Manager. You can also chat online with a housing assistance specialist.
If you’ve already been evicted, call the National Call Center for Homeless Veterans at (877) 424-3838. You can speak with a trained VA counselor for free. This service is available 24 hours a day.
9. The Apartment Guide Eviction Resource Guide
The Apartment Guide Eviction Resources Guide provides a short summary of each state’s eviction laws. It also lists rental assistance programs and other eviction resources.
Search for services in your state using the interactive map. Or, browse federal rent aid options and nationwide nutrition programs.
10. LIHEAP
The Low Income Home Energy Assistance Program (LIHEAP) offers help with home energy bills and minor energy-related repairs. Enter your household size and household income to see if you’re eligible.
This program doesn’t provide grants to individuals. Instead, it works with partner organizations across the country.
Search for partner organizations by your tribe or your state. You can also call the National Energy Assistance Referral (NEAR) hotline at (866) 674-6327 or email [email protected] for more information.
11. The Community Action Partnership
Renters in need can also reach out directly to a Community Action Agency. Many help with moving expenses, paying back rent and providing other eviction resources to renters at risk. This might be a good option if you’re overwhelmed by the number of choices or if you’re not sure which programs you qualify for.
“If someone is in that kind of situation, I’d encourage them to call their local Community Action Agency,” says Emma Schmit. She explains that her organization, CAPLP, works like many Community Action Agencies across the country. “Since we have so many different programs, we can screen people for what kind of program they might be eligible for based on their income and the number of people in their household.”
The Community Action Partnership maintains a database of all nonprofit and public groups funded by the Community Services Block Grant (CSBG). Type your state, county or ZIP code into the search tool to find a Community Action Agency near you. You can also browse the interactive map or search by agency name.
12. Salvation Army
Community Action Agencies and other state and local programs often partner with national organizations to help people meet their basic needs. The Salvation Army is one of those programs. It offers grants, emergency rental aid, nutrition programs and utility payment programs to renters across the country.
The services provided vary, depending on your location. Enter your city, state or ZIP code for information about the programs in your community.
13. Catholic Charities
This national network of faith-based charities provides food, affordable housing and other services to more than 15 million people across the country. The services provided vary by location.
Search for a church or service center in your area to see which services are available. Some partners pay for rent. Others offer help with security deposits and overdue utility bills. There may also be emergency grants available for renters at immediate risk of eviction.
14. United Way
This organization connects renters with federal eviction resources and nonprofit organizations close to home. Many rent aid options are already covered in other national and federal databases. But the organization’s local connections can uncover additional funding sources.
Use the immediate needs tool to determine the kind of help you need most. You can also explore short-term and long-term financial resources and educational materials.
15. Just Shelter
Just Shelter connects renters with a range of eviction resources. Look for information about rental and tenant’s rights. The site also includes legal aid organizations and pro bono attorneys who will represent low-income tenants in eviction cases for free.
Look for services by state using the interactive map or review the national resources.
16. Legal Services Corporation
The Legal Services Corporation gives you a list of Legal Aid attorneys who can take your case for free or for a reduced cost. Search by city or address to find one near you. Or use the interactive map to browse partners and legal aid firms across the country.
It includes links to free legal forms. You can also search recent datasets, research and studies by geography or legal problem area.
17. LawHelp.Org
Go to Law Help for legal advice and free legal aid programs by state. It also includes a list of legal resources.
Renters can search by state on the interactive map or browse the list of partners across the country. Spanish speakers can get legal help on the Spanish language site.
18. FindLegalHelp.Org
The American Bar Association’s Find Legal Help provides a list of legal aid services across the country. It also connects low-income renters with pro bono attorneys.
These attorneys are available to answer simple legal questions online. The site also includes links to state-specific legal resources.
19. U.S. Armed Forces Legal Assistance
Active-duty service members in the continental U.S. can contact U.S. Armed Forces Legal Assistance. Search for legal help by state or ZIP code.
Enter your branch of service into the online search tool. Air Force, Army, Coast Guard, Navy and Marine Corps service members are eligible.
Eviction resources are available
Eviction remains a threat for many U.S. renters. But there are many eviction resources that can keep you in your home.
The information contained in this article is for educational purposes only and does not, and is not intended to, constitute legal or financial advice. Readers are encouraged to seek professional legal or finance advice as they may deem it necessary.
University of Southern Mississippi (USM) alumni Doug and Susan (Fasano) Williams have
been recognized as the 2023 Boardman Distinguished Entrepreneurs of the Year by the
University’s College of Business and Economic Development. The couple were honored
during a luncheon on Friday, Nov. 17 at the Trent Lott National Center on the Hattiesburg
campus.
The Williams are owners of Kalalou, Inc., a home furnishings and décor wholesale company located
in Jackson, Miss. With a catalog of 1,500 products and counting, Kalalou sells to
more than 10,000 retail stores and mail order companies nationwide.
“Forty-nine years ago when we graduated, we had no idea where our great education
from USM would take us. With our two Bachelor of Arts degrees, we developed a very
creative business spanning the globe,” said Susan Williams. “To be honored by the
College of Business and Economic Development is the icing on the cake for our journey.”
Nearly four decades ago, while vacationing in Ocho Rios, Jamaica, the Williamses became
inspired by items they found at the local, vibrant market square. Their ideas of creating
a thriving business flourished into an international wholesale company with a reach
that spans nine countries. The couple continue to travel the globe in search of new
additions to their product line.
Added Susan Williams, “As art majors, it is very special for us to also be recognized
for our business acumen. We grew our business one step at a time by merging our art
degrees with “by the seat of your pants” business techniques…And, here we are today. “Thank
you USM for our great foundation and thank you College of Business and Economic Development
for this great recognition.”
Additionally, the Williams have established charitable projects in several of the
countries where they conduct business, including the Doug and Susan’s Kids Foundation
serving children in Haiti, Honduras, Colombia, and the Philippines. Additionally,
one hundred percent of the proceeds from the sale of certain products go directly
to medical care, childcare, and other modern amenities for developing nations and
their communities.
“With unwavering dedication and a shared vision, Doug and Susan Williams exemplify
the epitome of the entrepreneurial mindset as they are honored as our Entrepreneurs
of the Year,” said Dr. Bret Becton, Dean of USM’s College of Business and Economic
Development. “Their steadfast commitment to transforming a humble idea into a flourishing
home furnishings and decor empire showcases not only their business acumen but also
their ability to turn dreams into reality. Beyond the boardroom, this dynamic duo’s
philanthropic endeavors underscore their commitment to making a positive impact, weaving
compassion and kindness into the fabric of their success story.”
The annual event is sponsored by the late Joseph Boardman Jr., a 1953 graduate of
Southern Miss, where he majored in marketing. A past president of the Southern Miss
Alumni Association and former member of the USM Foundation Board, Boardman also served
18 years on the Harrison County Development Commission. In 1972, he was elected to
the Hancock Bank Advisory Board and served as a member of the Hancock Bank Holding
Company Board until 2007, including chairman of the board from 1987 to 2007. From
2008 to 2009, Boardman served as Hancock Holding Company Board member emeritus.
To learn more about the College of Business and Economic Development, call 601.266.4659.
Whether you’re purchasing a new pair of eyeglasses, stocking up on over-the-counter medications, or paying for your child’s daycare, there may be certain expenses your health insurance plan doesn’t cover.
In those cases, having a flexible spending account, or FSA, could help you save money. This special savings account lets you set aside pretax dollars to pay for eligible out-of-pocket healthcare expenses, which in turn can lower your taxable income.
Let’s take a look at how these accounts work.
What Is an FSA?
An FSA is an employer-sponsored savings account you can use to pay for certain health care and dependent costs. It’s commonly included as part of a benefits package, so if you purchased a plan on the Health Insurance Marketplace, or have Medicaid or Medicare, you may no longer qualify for a FSA. There are three types of FSA accounts:
• Health care FSAs, which can be used to pay for eligible medical and dental expenses.
• Dependent care FSAs, which can be used to pay for eligible child and adult care expenses, such as preschool, summer camp, and home health care.
• Limited expense health care FSA, which can be used to pay for dental and vision expenses. This type of account is available to those who have a high-deductible health plan with a health savings account.
How Do You Fund an FSA?
If you opt into an FSA, you’ll need to decide on how much to regularly contribute throughout the year. Those contribution amounts will be automatically deducted from your paychecks and placed into the account. Whatever money you put into an FSA isn’t taxed, which means you can keep more of what you earn.
Your employer may also throw some money into your FSA account, but they are under no legal obligation to do so.
You can use your FSA throughout the year to either reimburse yourself or to help pay for eligible expenses for you, your spouse, and your dependents (more on that in a minute). Typically, you’ll be required to submit a claim through your employer and include proof of the expense (usually a receipt), along with a statement that says that your regular health insurance does not cover that cost.
Some employers offer an FSA debit card or checkbook, which you can use to pay for qualifying medical purchases without having to file a reimbursement claim through your employer. 💡 Quick Tip: When you have questions about what you can and can’t afford, a spending tracker app can show you the answer. With no guilt trip or hourly fee.
What Items Qualify for FSA Reimbursement?
The IRS decides which expenses qualify for FSA reimbursement, and the list is extensive. Here’s a look at some of what’s included — you can see the full list on the IRS’ website.
• Health plan co-payments and deductibles (but not insurance premiums)
• Prescription eyeglasses or contact lenses
• Dental and vision expenses
• Prescription medications
• Over-the-counter medicines
• First aid supplies
• Menstrual care items
• Birth control
• Sunscreen
• Home health care items, like thermometers, crutches, and medical alert devices
• Medical diagnostic products, like cholesterol monitors, home EKG devices, and home blood pressure monitors
• Home health care
• Day care
• Summer camp
Are There Any FSA Limits?
For 2023, health care FSA and limited health care FSA contributions are limited to $3,050 per year, per employer. Your spouse can also contribute $3,050 to their FSA account as well.
Meanwhile, dependent care FSA contributions are limited to $5,000 per household, or $2,500 if you’re married and filing separately.
Does an FSA Roll Over Each Year?
In general, you’ll need to use the money in an FSA within a plan year. Any unspent money will be lost. However, the IRS has changed the use-it-or-lose-it rule to allow a little more flexibility.
Now, your employer may be able to offer you a couple of options to use up any unspent money in an FSA:
• A “grace period” of no more than 2½ extra months to spend whatever is left in your account
• Rolling over up to $610 to use in the following plan year. (In 2024, that amount increases to $640.)
Note that your employer may be able to offer one of these options, but not both.
One way to avoid scrambling to spend down your FSA before the end of the year or the grace period is to plan ahead. Calculate all deductibles, copayments, coinsurance, prescription drugs, and other possible costs for the coming year, and only contribute what you think you’ll actually need.
Recommended: Flexible Spending Accounts: Rules, Regulations, and Uses
How Can You Use Up Your FSA?
You can consider some of these strategies to get the most out of your FSA:
• Buy non-prescription items. Certain items are FSA-eligible without needing a prescription (but save your receipt for the paperwork!). These items may include first-aid kits, bandages, thermometers, blood pressure monitors, ice packs, and heating pads. Check out the FSA Store to find out which items may be covered.
• Get your glasses (or contacts). You may be able to use your FSA to cover the cost of prescription eyeglasses, contact lenses, and sunglasses as well as reading glasses. Contact lens solution and eye drops may also be covered.
• Keep family planning in mind. FSA-eligible items can include condoms, pregnancy tests, baby monitors, fertility kits. If you have a prescription for them, female contraceptives may also be covered.
• Don’t forget your dentist. Unfortunately, toothpaste and cosmetic procedures are not covered by your FSA, but dental checkups and associated costs might be. These could include copays, deductibles, cleanings, fillings, X-rays, and even braces. Mouthguards and cleaning solutions for your retainers and dentures may be FSA-eligible as well. 💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.
Flexible Savings Account (FSA) vs. Health Savings Account (HSA)
You may have heard of a health savings account (HSA). It’s easy to confuse it with an FSA, as they share some similarities.
Both types of accounts:
• Offer some tax advantages
• Can be used to pay for co-payments, deductibles, and eligible medical expenses
• Can be funded through employee-payroll deductions, employer contributions, or individual deductions
• Have a maximum contribution amount. In 2023, people with individual coverage can contribute up to $3,850 per year, while those with family coverage can cset aside up to $7,750 per year.
That said, there are some key differences between HSAs and FSAs:
• You must be enrolled in a high deductible health plan in order to qualify for an HSA.
• HSAs do not have a use-it-or-lose-it rule. Once you put money in the account, it’s yours.
• If you quit or are fired from your job, your HSA can go with you. This happens even if your employer contributed money to the account.
• If you’re 55 or older, you can contribute an additional $1,000 to your HSA as a catch-up contribution — similar to the catch-up contributions allowed with an IRA.
• If you withdraw money from your HSA for a non-qualified expense before the age of 65, you’ll pay taxes on it plus a 20% penalty.
• If you withdraw money from your HSA for any type of expense after age 65, you don’t pay a penalty. However, the withdrawal will be taxed like regular income.
Recommended: Benefits of Health Savings Accounts
The Takeaway
Flexible spending accounts are offered by employers and can be a useful tool for paying for health care- or dependent-related expenses. Notably, you fund the account with pretax dollars taken from your paycheck, which can lower your taxable income and help you save money.
You typically need to spend your FSA money within a plan year, though your employer may give you the option to either roll over a portion of the balance into the next year or use it during a grace period. There are also guidelines around what you can spend the FSA funds on and how much you can contribute to your account.
Take control of your finances with the SoFi Insights money tracker app. Connect all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.
SoFi helps you stay on top of your finances.
SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.
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.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
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.
Are you searching for high-paying jobs that require no prior job experience? If you’re looking for high-paying jobs with no experience, it is possible to find them. There are many entry level jobs that you can start if you want to make a good income. Starting a new career path or entering the workforce for…
Are you searching for high-paying jobs that require no prior job experience?
If you’re looking for high-paying jobs with no experience, it is possible to find them. There are many entry level jobs that you can start if you want to make a good income.
Starting a new career path or entering the workforce for the first time doesn’t have to mean taking a low-paying job. In fact, there are many high-paying jobs that don’t require a ton of experience or an advanced degree.
26 Best High Paying Jobs With No Experience
There are 26 high-paying jobs with no experience listed below. If you want to skip the list, here are some jobs that you may want to start learning more about first:
Flexible way to freelance from home – Proofreading
Work from home as your own boss – Blogging
Make passive income – Sell printables
High paying customer-oriented job idea – Car salesperson
High paying travel job idea – Flight attendant
Is it really possible to land high paying jobs with no experience?
Yes, it is possible to find high-paying jobs even without prior experience.
So, you’re on the hunt for high-paying jobs but haven’t yet gathered a ton of experience? You’re not alone! Many people find themselves in this very situation, and the good news is, there are opportunities out there to make income even if you are brand new.
However, just because a job doesn’t require experience doesn’t mean it’s a walk in the park. In fact, it might be quite the opposite. These roles usually demand a quick learning curve and a can-do attitude.
So, while the entry requirements might be minimal and you may be able to learn as you go, the effort you put in can still be a lot.
Below are high-paying jobs with no experience.*
1. Bookkeeper
Degree or education requirements: High school diploma or equivalent
Training requirements: There is a free workshop from Bookkeeper Launch that can help you get started with becoming an online bookkeeper.
Salary: $45,860 per year
You can become a bookkeeper with little to no experience. A bookkeeper is a person who tracks the finances of a business, handles billing and payments, makes spreadsheets, etc., but that doesn’t mean you need to be an accountant or have any related experience.
Recommended reading: How To Find Online Bookkeeping Jobs
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This free training will teach you what you need to know to become a virtual bookkeeper and make money from home.
2. Blogger
Degree or education requirements: None
Training requirements: On-the-job training and How To Start A Blog FREE Course
Salary: There is no average. I have earned over $5,000,000 blogging over the years, but I also know others who have not earned income.
Blogging can be a fun way to make money from home, and you don’t need any previous experience. In fact, this is one of my favorite top-paying jobs with no experience.
When I started my blog, I had no idea what I was doing and simply learned as I went.
As a blogger, you have the freedom to write creatively and share your thoughts or expertise on any given subject. Your income will depend on blog traffic, advertising, and sponsored content.
Recommended reading: How To Monetize A Blog: How I Grew A $5 Million Blog
3. Proofreader
Degree or education requirements: High school diploma or equivalent
Training requirements: Proofread Anywhere has a free training on How To Become A Proofreader
Salary: $45,410 per year
As a proofreader, your job is to scrutinize written materials and correct typos, grammar, and punctuation errors.
Not even the best writers are perfect. They still make grammar, punctuation, and spelling errors, and that’s why professional proofreaders are such a huge help.
Proofreaders proofread books, articles, blog posts, student papers, emails, advertising content, medical documents, and more.
Recommended reading: 20 Best Online Proofreading Jobs For Beginners
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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.
4. Freelance writer
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training
Salary: $73,150 per year
I know many, many people who have found freelance writing jobs with no experience (myself included!). You don’t need a background in writing or a degree in English or creative writing. I, myself, was a freelance writer for many years, and I enjoyed it a lot. This is one of the best high income jobs with no experience out there.
A freelance writer is someone who writes for a number of different clients and across different types of content. They may write articles for magazines or blog posts, web copy, resumes, technical manuals, social media posts, books, and much more.
Freelance writers write blog posts, content for a company’s sales page, press releases, SEO content for a business, ebooks, essays, emails, newsletters, and more.
Recommended reading: 14 Places To Find Freelance Writing Jobs – (Start With No Experience!)
5. Virtual assistant
Degree or education requirements: High school diploma or equivalent
Training requirements: I recommend taking an online workshop such as Free workshop 5 Steps To Become a Virtual Assistant.
Salary: $44,080 per year
Several years back, I worked as a virtual assistant. I didn’t have any experience before, but I learned as I went along. That’s why I believe it’s one of the best jobs to start with because it was my first job too!
A virtual assistant helps businesses and entrepreneurs with tasks like managing an email inbox, data entry, scheduling appointments, and customer service.
A virtual assistant is someone who works for a person, company, or business owner doing administrative and business tasks to help the business run smoothly. Think of VAs as the online version of an in-person assistant. You work online from home rather than inside someone’s physical business.
Recommended reading: Best Ways To Find Virtual Assistant Jobs
This free training shows you how to become a virtual assistant and work from home.
6. Flight attendant
Degree or education requirements: High school diploma or equivalent
Training requirements: Flight attendants get on-the-job training from the airline they work for.
Salary: $63,760 per year
If you want to travel and work, then this is one of the most fun high-earning jobs with no experience (as an employee of an airline, you typically get free or very discounted flights too!).
As a flight attendant, you have the opportunity to travel and assist passengers during flights. Flight attendants have two main jobs: they do regular tasks like serving food and drinks, and they also know what to do if something goes wrong, to keep passengers safe and comfortable during a flight.
No experience is usually required, but you will need to complete a training program with the airline.
Learn more at How To Become A Flight Attendant.
7. Insurance claims adjuster
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training which can last several months
Salary: $72,040 per year
An insurance claims adjuster investigates and settles insurance claims in the insurance industry. Claims adjusters are like investigators for insurance. They check if an insurance company should give money for a claim, and, if they should, they decide how much.
They determine whether the insurance policy covers the loss claimed, decide the appropriate amount the insurance company should pay, make sure that claims are not fraudulent, and more.
8. Construction worker
Degree or education requirements: None
Training requirements: On-the-job training
Salary: $39,520 per year
Construction laborers have a hands-on role on construction sites. They do physically demanding tasks like cleaning up and getting sites ready, putting up structures, and moving construction materials, among other things.
There is a lot of job growth expected for this career too!
9. Police officer
Degree or education requirements: Ranges from a high school diploma to a college degree (such as a degree in criminal justice or law enforcement)
Training requirements: Training academy as well as on-the-job training
Salary: $69,160 per year (the average annual salary depends on many things, such as the city in which you work)
As a police officer, your duty is to protect and serve communities. This is a job that you will definitely need training for, but you can start with no experience.
Police officers do a variety of important tasks. They go to both urgent and less urgent calls, drive around neighborhoods to watch them, stop vehicles for checks, and even carry out warrants, among other duties.
10. Graphic designer
Degree or education requirements: High school diploma or bachelor’s degree
Training requirements: On-the-job training
Salary: $57,990 per year
Graphic designers many times learn as they go while on the job.
Graphic designers create visual concepts for branding, advertising, and other projects. Graphic designers use digital illustration and editing software to create designs, such as logos, images, brochures, advertising, and more.
Recommended reading: How To Make Money As A Digital Designer
11. Web developer and web designer
Degree or education requirements: Bachelor’s degree
Training requirements: On-the-job training
Salary: $80,730 per year
Web developers design and create websites. This includes making sure the website loads fast and can handle a lot of visitors. They also take care of the technical parts to keep the website running smoothly.
12. Dental laboratory technician
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training
Salary: $41,180 per year
Dental lab technicians create dental prosthetics like crowns and dentures.
Dental laboratory technicians receive work orders from dentists and form material for dental prosthetics. They also may repair damaged prosthetics.
13. Bartender
Degree or education requirements: None
Training requirements: On-the-job training
Salary: $29,380 per year
Bartenders mix and serve drinks while providing excellent customer service. While, yes, you may have to work your way up through a restaurant before you can become a bartender, this is a job that you mostly learn through on-the-job training.
Bartenders have jobs in places like restaurants, hotels, and places where people eat and drink. When it’s really busy, they need to work fast and get drinks to customers as quickly as possible.
Depending on where you bartend, you can make a lot more money too. For example, bartenders in touristy areas may make $10,000+ each month.
14. Roofer
Degree or education requirements: None
Training requirements: On-the-job training
Salary: $47,920 per year
Roofers install and repair roofs on buildings, and this is a job that you learn as you do it. A roofer’s responsibilities may also include inspecting roofs, installing ventilation, cutting roofing materials, and more.
15. Plumber
Degree or education requirements: High school diploma or equivalent
Training requirements: Apprenticeship
Salary: $60,090 per year
Plumbers install and repair water and gas pipes in buildings. They also prepare estimates, read blueprints, follow building codes, inspect and test systems, and more.
16. Car salesperson
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training
Salary: $72,782 per year
Car salespeople help customers find the perfect car while earning a commission. They talk with customers, follow up with leads, go on test drives, and handle paperwork.
This is a job that you can start with no experience. In fact, my husband was randomly offered a job as a car salesman and took the job. He saw lots of success with it!
17. Sell printables
Degree or education requirements: None
Training requirements: There is a free workshop: Earn Money Selling Printables
Salary: There is no average salary, but you may be able to make a couple hundred to several thousand a month.
Selling printables online can be a great way to make money without needing any prior experience.
Creating printables can also be quite passive because you just need to create one digital file per product, which you can then sell an unlimited number of times. Because you only need a laptop or computer and an internet connection, it can be quite affordable to start.
Printables are digital products that customers can download and print at home. Some examples are bridal shower games, grocery shopping checklists, budget planners, invitations, printable quotes for wall art, and patterns.
Recommended reading: How I Make Money Selling Printables On Etsy
Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.
18. Commercial truck driver
Degree or education requirements: High school diploma, professional truck driving school training, and commercial driver’s license
Training requirements: On-the-job training
Salary: $49,920 per year
A commercial truck driver transports goods across the country. Tractor-trailer drivers usually do long-distance driving. They handle trucks that weigh more than 26,000 pounds when you count the vehicle, passengers, and cargo. These drivers transport goods on routes that can stretch across multiple states.
19. Tree trimmer
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training
Salary: $47,080 per year
Tree trimmers prune and cut trees, maintaining their appearance and safety. This is a job that you will learn by watching others and through on-the-job training.
20. Real estate agent
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training, as well as pass real estate courses and a licensing exam.
Salary: $52,030 per year
Real estate agents assist clients with buying, selling, and renting properties. Their tasks may also include advising on market conditions, making a list of properties for sale or rent for their clients, hosting open houses, presenting purchase offers, managing negotiations between a buyer and seller, and more.
This role may require you to pass a licensing exam, but it doesn’t necessarily need prior experience. With an average salary range starting at a decent scale, real estate brokerage is one of the high-income jobs available with little-to-no initial experience.
21. Sales representative
Degree or education requirements: None
Training requirements: On-the-job training
Salary: Depends on what you’re selling. Could be anywhere from $30,000 to $100,000+ per year
Sales representatives sell products or services to clients, and you usually learn through on-the-job training after you are hired.
Successful salespeople come from various backgrounds and often start their careers with no relevant experience. What matters most is your ability to communicate, negotiate, and build relationships. The high earning potential makes it an appealing career choice for many.
22. Travel agent
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training
Salary: $46,400 per year
As a travel agent, you help plan vacations for clients. Travel agents help people choose where to go, plan out the details of the trip, and take care of all the travel bookings for their clients.
Travel agents figure out what customers want and book a trip that matches their preferences and budget. They may plan honeymoons, day trips, family vacations, cruises, find flights, and more.
23. Masonry worker
Degree or education requirements: High school diploma or equivalent
Training requirements: Learn masonry either through an apprenticeship or on the job, working with experienced masons
Salary: $49,490 per year median pay
Masonry workers build structures with bricks, stones, and concrete, and they typically learn the job through an apprenticeship with no prior work experience needed.
24. Tutor
Degree or education requirements: Depends on the topic you are tutoring on
Training requirements: On-the-job training
Salary: $36,680 per year if done as a full-time job
With tutoring jobs, you can start if you don’t have any prior experience. You will need to be knowledgeable on the topic, though, and many people on your job search may even want to see a bachelor’s degree.
There are many different kinds of tutoring jobs, from tutoring students with their homework to helping a college student pass a major exam. Tutors might spend 30 minutes teaching a lesson, a few minutes answering questions online, or work one-on-one with a student in a video lesson.
Recommended reading: 11 Best Places To Find Online Tutoring Jobs (Make $100+ an hour)
25. Bake dog treats
Degree or education requirements: None
Training requirements: On-the-job training
Salary: Depends on if it’s part time or full time
Dog treat bakers make dog treats, cupcakes, cookies, cakes, and more.
With a dog treat bakery business, you may be able to earn an extra $500 to $1,000 a month or more on the side. Or, you can turn it into a full-time business and make much more.
Recommended reading: How I Earned Up to $4,000 Per Month Baking Dog Treats (With Zero Baking Experience!)
26. Hazmat removal worker
Degree or education requirements: High school diploma or equivalent
Training requirements: On-the-job training
Salary: $46,690 per year
Hazmat removal workers clean up hazardous materials like asbestos, mold, and lead.
Training for hazmat removal workers usually involves two parts: learning in a classroom and working in the field. In the classroom, they learn about safety rules and how to use protective gear. When they’re on a job site, they get hands-on experience with tools and materials, and they’re guided by someone who has a lot of experience.
Frequently Asked Questions About High Paying Jobs With No Experience
Below are answers to common questions about how to find high-paying jobs with no experience.
What entry-level jobs pay the most?
Some of the highest-paying entry-level jobs include positions such as web developer, car salesperson, and bookkeeper.
How can I find a job that pays well without prior experience?
To find a good-paying job without any prior experience, you may want to focus on skills that can be used in different jobs and highlight your personal strengths, like communication, problem-solving, or adaptability. Use job search websites that are designed for beginners, and look for job listings that mention “no previous experience needed.”
Are there any fun, well-paying entry-level positions?
Yes, definitely! Many on the list above can be considered fun. My most favorite is becoming a blogger.
What careers offer high pay with short training periods?
Some careers that have high pay with short training periods include bookkeeper, insurance claims adjuster, bartender, car salesperson, and more. These roles may require specialized training or certifications.
How can I make a good income without a degree?
There are many jobs that pay well without requiring a college degree, such as being a construction worker, freelancer, and real estate agent.
How can I make $20 an hour without a degree?
Jobs that pay around $20 an hour without requiring a degree include proofreading, bookkeeping, plumbing, and more. Many on the list above do not require a college degree.
What jobs pay $80,000 with no experience?
Though a little more difficult to find, some jobs that may pay $80,000 or more with no prior experience include positions in sales and real estate.
How to make $150,000 a year without a degree?
Earning $150,000 a year without a degree can be challenging but is achievable in certain fields, such as running your own business, working as a real estate agent, and in sales.
What should I include in my CV when I have no experience?
Even without prior job experience, you can still make a good resume. You should put in any skills you have that are relevant to the job you are applying for, like things you learned in classes or volunteering. Also, remember that skills you use in everyday life, like solving problems, working on a team, or talking with others are important too.
Should I consider additional form of education for these jobs?
Getting more education can be helpful, but it’s not always a must. For some jobs, taking classes, getting certifications, or attending workshops can make you stand out.
How To Find High Paying Jobs With No Experience – Summary
I hope you enjoyed this article on how to find high-paying jobs with no experience.
Some high-paying jobs with no experience may surprise you, while others may seem more attainable. But one thing they all have in common is that they value different skill sets and backgrounds. So don’t worry if your resume is lacking in years of experience or a specialized degree, because these opportunities are out there waiting for someone like you to apply for them.
I hope you are able to find a high paying job that requires no previous experience that works best for you.
What high paying jobs with no experience would you add to the list above?
*Salary and data for the jobs is from the U.S. Bureau of Labor Statistics (BLS).
HelloFresh is a popular meal kit delivery subscription service that delivers weekly boxes filled with the pre-portioned ingredients needed to make a complete meal.
HelloFresh costs between $8.99 and $12.49 per serving, depending on how many meals you order. In addition, a shipping fee and potentially sales tax, depending on your location, will be added to the meal cost; the amount will vary from week to week, depending on box contents.
Meal kit services aim to reduce the headache of planning meals, grocery shopping and prepping ingredients. HelloFresh might even help you save money by reducing how often you eat out. But first, you’ll need to learn more about what HelloFresh costs to ensure it fits your budget.
Before you build a budget
NerdWallet breaks down your spending and shows you ways to save.
How much is HelloFresh?
HelloFresh costs vary based on how many meals per week you order and the number of people you want to feed. HelloFresh lets you order between two and six meals per week and choose kits for two or four people.
You can choose any of the following menu options:
Meat & Veggies.
Family Friendly.
Fit & Wholesome.
Quick & Easy.
Pescatarian.
The more recipe types you pick, the more diverse your boxes will be. However, the meal type does not impact per-meal pricing.
How much does HelloFresh cost for two people?
HelloFresh offers weekly boxes for two. When building your box, you can choose from two to six meals per week (4 to 12 servings).
The cheapest base price before shipping and tax is $49.96 and includes two meals for two people at a per-serving price of $12.49. Upping your order to three meals per week drops the per-serving price to $9.99, while the four-, five-, and six-meal options have a per-serving cost of $9.79.
The “Personalize your plan” page of the website will break down the per-serving cost, base price of the box and overall price once shipping and any taxes are applied.
How much does HelloFresh cost for four people?
Ordering more meals drives down your per-serving cost. For instance, if you order two meals per week for four people, the per-serving cost drops to just $9.79 rather than the $12.49 per serving for two meals for two people.
HelloFresh’s most expensive plan also offers the cheapest per-serving price. This box costs $215.76 before shipping and tax and includes 24 total servings at a per-serving cost of $8.99. It includes six meals for four people. Again, check the “Personalize your plan” display to understand per-serving, per-box and overall costs.
Is HelloFresh worth it?
Whether HelloFresh is worth it depends entirely on your budget, eating habits and meal preferences. Calculate how much you usually spend per meal to get a sense of whether HelloFresh would work for you.
For instance, let’s say you and your partner typically spend about $8 per serving on home-cooked dinners. (You can estimate this from your grocery receipts.) However, you find it hard to fit grocery shopping and meal planning into your busy schedules, and you end up getting expensive takeout several times per week. Average what you’re paying overall, then see whether subbing meal prep kits for some take-out meals might lower your costs.
How to work HelloFresh costs into your budget
You may be able to reduce your costs by watching for deals. Check the HelloFresh site for discounts and offers, which can cut the price of a delivery. For instance, the “Hero Discount Program” offers 55% off and free shipping for your first box, then 15% off subsequent boxes for a year. It’s open to military personnel and veterans, as well as medical providers, nurses and hospital employees.
You can also use discount and coupon apps to check for deals. Note that these often must be used when signing up initially and may not apply to established accounts.
Using discounts to cut the cost could help you fit HelloFresh or another meal kit service into your budget for discretionary purchases. Under the popular 50/30/20 approach to budgeting, 50% of spending goes toward needs (rent, utility bills, etc.), 30% goes toward discretionary purchases (such as eating out or meal delivery), and 20% goes toward savings.
Fresh off a proposal to eliminate medical debt from credit reports, the Consumer Financial Protection Bureau issued a report describing consumer complaints about the inaccuracies of their unpaid medical debts.
The CFPB on Thursday released its annual report to Congress summarizing the agency’s actions in addressing the Fair Debt Collection Practices Act, which limits what collectors can do when pursuing certain types of debt. The CFPB has estimated that between 18% to 35% of consumers have unpaid medical bills on their credit reports. Roughly $88 billion of outstanding medical bills are currently in collections — impacting one in five Americans.
In September, the CFPB proposed eliminating all medical debt from credit reports. The three major bureaus — Equifax, Experian and TransUnion — voluntarily removed medical debts of up to $500 from credit reports earlier this year. The CFPB’s proposal would scrub the remaining 30% of medical debts that have not been removed.
CFPB Director Rohit Chopra has said that unpaid medical bills are not a strong indicator of a consumer’s ability to repay a debt. “Medical billing history has very limited predictive value in underwriting decisions on loans,” Chopra said in announcing the proposal in September.
Banks and the debt collection industry oppose taking medical debt off credit reports because they claim creditors would not have a full understanding of a consumer’s debt load. The third-party debt collection market is a $17.9 billion industry with more than 6,300 collection agencies.
“The CFPB appears to have a predetermined outcome that it intends to move forward with the proposal, despite concerns raised by creditors, credit reporting agencies and the debt collection industry all providing evidence of significant disruptions in the market, as well as harm to consumers and small businesses if the CFPB moves forward,” said Scott Purcell, CEO of ACA International, a trade group that represents third-party collection agencies, law firms and creditors. “The proposal could have a sweeping impact on the health care market, insurance coverage, and the larger economy.”
The CFPB report largely cites consumers who have complained to the bureau about debt collectors pursuing medical bills that they did not owe, had already paid off or found to be inaccurate. Last year, the CFPB received roughly 8,500 complaints about medical debt collection practices, less than 1% of the nearly 1.3 million total complaints it received in 2022, but 15% of total complaints about debt collection.
The CFPB, which does not have jurisdiction over insurance companies, offered some explanations for why collection practices around medical billing are challenging.
“In many cases, people are faced with multiple bills from different providers, confusing procedure codes, opaque pricing, and uncertain insurance coverage,” the report states. “When people seek out emergency medical services, they generally do not contract in advance for a stated upfront service cost; they are instead asked to sign a blanket form purportedly agreeing to pay whatever amount the provider bills.”
The bureau said in the report that medical debt collectors may be violating the Fair Debt Collection Practices Act and Regulation F if they are collecting on debts that are not actually owed or collecting the wrong amount. Doing so may also constitute an “unfair, deceptive, or abusive acts or practices,” known as UDAAP. Debt collectors that try to collect on medical bills that are prohibited by the federal No Surprises Act of 2022 may also face liability under the FDCPA and Fair Credit Reporting Act, the CFPB said.
The No Surprises Act protects people covered under group and individual health plans from receiving surprise medical bills when they receive most emergency services and nonemergency services from out-of-network providers at in-network facilities.
Inside: Are you struggling to make ends meet on a low income? This guide will teach you how to budget money effectively on a low income, so you can live a comfortable life without having to skimp on important expenses.
Let’s face it… Navigating through the budgeting on a low income can often feel overwhelming.
The fear of insurmountable bills, the anxiety associated with rising living costs, and the overall foreboding nature of budgeting often make for a persistently stressful experience.
However, it is crucial to understand that you are not alone in this journey. I have been in your spot as well as many Money Bliss readers.
Regardless of how daunting the budgeting task may appear, we truly believe that with the right guidance and adherence to solid financial principles, you are capable of achieving financial peace of mind.
This process will simply require patience, persistence, and strategic planning. This guide aims not only to shine a light on the struggles of budgeting with a low income but also to offer a beacon of hope.
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.
How to Budget Money on a Low Income
While it’s true that budgeting with a low income can be tough, proper money management can make it doable.
When you have less disposable income, it leaves you with less leeway in your budget. That’s why you have to be accountable and meticulously plan your spending to ensure financial stability.
So, let’s dig in and you can find success.
Step #1 – Figure out Your Monthly Income
Developing an effective budget starts with understanding your monthly income.
Here’s a step-by-step guide:
List out all income sources: This includes all your regular paychecks, part-time jobs, side hustles, social security, child support, or any other form of income you have. If your income is irregular, say from commissions or seasonal work, it’s advisable to base your budget on your lowest monthly income.
Account for taxes and deductions: To get an accurate picture of your disposable income, you need to factor in taxes and deductions from your earnings. You need to make sure you understand the difference between gross pay and net pay.
Include irregular income: If you occasionally get money from gifts, or sporadically earn from passive income sources like investments, be sure to include these too. As these are inconsistent, it is best to fund discretionary spending with this money.
Personally, I recommend using your net income with budgeting. This will give you an accurate budget that you can truly follow.
This knowledge is powerful when it comes to effective budgeting.
Step #2 – Define your bills and Expenses
Knowing how much you spend and what you spend your money on is another crucial step in budget planning.
The key is to define ALL your bills and expenses. Here are the personal budget categories that cover almost everything you can think of.
Now, you must do the following:
Identify your fixed costs: These are basics that you have to pay monthly and remain fairly constant, such as rent, car payments, and student loans.
Consider flexible costs: These expenses vary from month to month. Examples include groceries, transportation, electricity, water, and gas bills.
Remember periodic costs: Some costs only appear annually or semi-annually. For instance, insurance premiums, car registrations, and property taxes. It’s important to set aside money each month to cover these expenses when they arise. A sinking fund is great for these expenses.
Account for daily spending: Beyond fixed and flexible bills, consider your day-to-day expenses like shopping, subscriptions, and entertainment. Be honest about the little expenses. It’s often the small, frequent purchases that can derail a budget.
Prepare for unplanned costs: Finally, remember to budget for unexpected expenditures such as car repairs or medical bills.
By defining and categorizing your bills and expenses, you can see where your money is going and better manage your spending.
Step #3 – Reach a Zero Budget
A zero-based budget is a strategy that requires you to assign every dollar you earn to a specific expense or savings category, with the goal of having your income minus your expenses equal zero by the end of the month.
Write down your income: From the step before, you already know your total monthly income.
Subtract your expenses: Subtract the total of your monthly expenses (including savings) from your total monthly income. If you’ve correctly accounted for your income and expenses, the result should be zero. This is what it means to have a “zero-based budget”.
Balance the budget: If your income and expenditure don’t balance, adjust your variable expenses and other discretionary spending until they do. This can involve cutting back on nonessential overspending, like takeout meals or unnecessary purchases.
Allocate every dollar: With your budget balanced, each dollar should now have a purpose, whether it’s paying bills, going into savings, or providing for your daily needs.
Many people struggle to hit a zero based budget on the first try. It is common for your expenses to be higher than your income. Thus, a no spend challenge may help you identify what is important to actually spend your money.
Reaching a zero-based budget equips you with a clear picture of your financial status.
Thus, it allows you to use your money purposefully and prevents unnecessary spending. This way, even with a low income, you can still meet all your needs and work towards your financial goals.
What do you do if your budget shows your expenses are more than your income?
When your monthly spending exceeds your monthly income, immediate attention is needed to prevent worsening financial issues. Before panic sets in, consider taking the following steps:
Analyze your budget: Reevaluate and scrutinize your budget. There might be necessary adjustments overlooked or expenses incorrectly categorized. This will give you a clearer understanding of where your money is going.
Prioritize essential expenses: Allocate money to necessities like housing, food, utilities, and debt repayments first. Other less necessary expenditures, like entertainment and dining out, can be reduced or eliminated.
Reduce expenses: After prioritizing, identify areas where cuts can be made. Impulse buys, unnecessary subscriptions, or expensive habits might need to go.
Increase your income: Consider part-time jobs, side hustles, selling unused items, or picking up freelance work to bring in more money.
Seek advice if debt is weighing you down: As a last resort, you may look at ways to lower your interest rate on your debt. These strategies like debt consolidation or restructuring could help make your situation more manageable.
Remember, this situation, while stressful, is not permanent. With careful planning and disciplined execution, you can turn this around and regain financial stability.
Taking Control of Your Budget When Income Doesn’t Cover Your Expenses
Now, this is where you need to learn to manage your money wisely. You are in control of where you spend your money.
Many truly believe with a higher income all of their financial problems go away. From my research, most people end up with bigger money problems, the same spending habits, and still living paycheck to paycheck even with a higher income.
So, let’s reign in what you can do today to make your budget feasible.
1. Prioritize Essential Bills and Expenses. The key is to identify which expenses are truly essential to your livelihood. All remaining expenses, like entertainment or eating out, should be considered secondary and only met after the primary expenses have been satisfied.
2. Participate in a No Spend Challenge. A No Spend Challenge not only helps you save money rapidly but also makes you cognizant of your spending habits, helps identify non-essential expenses, and guides you towards a minimalist, sustainable lifestyle. Start with a no spend month.
3. Reduce your Housing Expenses. Housing costs can be one of the most significant expenses. Look at ways to downsize, negotiate rent, refinance your mortgage, or get roommates. Or even housesit permanently.
4. Be Cognizant of Bad Spending Habits. Some examples include impulse purchases, expensive convenience, not comparison shopping, or paying too much. By becoming aware of your spending habits and making conscious choices, you can break the cycle of unnecessary spending and start saving money with the penny challenge.
5. Skip the Expensive Coffee Shop. Choosing to forgo your daily coffee shop run can result in surprisingly significant savings. Implementing just this one change could save you over $600 a year!
6. Use Public Transportation to Save Money. The costs of owning a car – gas, maintenance, parking, and insurance – can quickly add up. So, look for public transportation as an alternative or even cycling, carpooling, or walking.
7. Take Advantage of Free or Cheap Entertainment. When living with a low income, entertainment expenses can quickly eat into your budget. Good news for you! There are plenty of things to do that don’t cost money.
8. Cut Back on Grocery Spending. By implementing simple strategies such as meal planning, cooking at home, cutting down on processed food and reducing waste, you can maintain a healthy diet while significantly reducing your grocery bills. Don’t forget to use those discounts and coupons!
9. Stick to Your Shopping List. Preplan your purchases before stepping into a store. This is a powerful tool in curbing those impulse purchases which can inflate your expenses substantially.
10. Start Meal Planning. Meal planning is a practical and economical way to manage your food budget. By planning your meals for the week, you can control your grocery spending and eliminate waste.
11. Stockpile Goods That Will Stay Stocked Up Long Term. Remember, the goal of stockpiling is to save money, not to transform your home into a supermarket. Purchase enough to last a few months and focus on items that you’re certain to utilize. Here are the best foods to buy when broke.
12. Pack Your Own Lunch and Skip Eating Out. With an average meal out costing around $10, you could easily save $200 a month by packing lunch from home. Over a year, that’s $2,400 in savings!
13. Drink Water and Avoid Processed Foods. Shifting dietary habits can be a significant change, but your commitment to a healthier lifestyle can reap both health and financial dividends. It’s an investment in a life of wellness and economic sustainability.
14. Take Advantage of Discounts when Shopping. Remember, the goal of shopping with discounts is to spend less on what you need, not to buy more than you need. So, make sure to use coupons wisely, shop sales, buy off season, and use Cashback apps like Rakuten and BeFrugal.
15. Avoid Impulse Purchases. By avoiding impulse purchases, you give your budget room to breathe and create an opportunity for savings. This makes a significant difference over time, especially when money is tight.
16. Apply for Discounts on Utilities and Services. Many utility companies provide low-income home energy assistance programs. The same is true for internet service. Contact your service providers to check your eligibility.
17. Get Free or Discounted Goods Through Charities. Charities, faith, professional, and local organizations often offer grants for people experiencing financial hardship. Utilizing them can be a lifetime as they help you stretch your budget further and provide necessary support in times of financial struggle. Don’t be afraid or too proud to ask for help when you need it.
18. Get Outside. Reconnecting with nature can provide you with cost-free entertainment and a sense of tranquility that’s hard to find elsewhere.
19. Avoid Unnecessary Expenditure. While each person’s definition of “unnecessary” may differ, the key to budget management is curbing expenditures that don’t add substantial value to your life. A common culprit could be brand-name goods or late fees.
20. Start the Practice of Saving with a Mini Savings Challenge. The Mini-Savings Challenge can pave the way to a habit of saving regularly, even on a tight budget. Essentially, this challenge consists of setting aside a small amount of money each day or week, gradually increasing the amount over time.
21. Show Gratitude. While it may seem less directly related to finance, practicing gratitude is indeed integral to efficient budgeting and financial wellness. Remember, financial success isn’t just about making more money. It’s also about appreciating what you have and recognizing the steps you’re taking towards your goals.
Inciting Additional Income Avenues
Okay, this section is how you take a low income and increase your money. While cutting back spending is helpful, creating more money will help you to reach money success faster. This will take the strain off.
1. Look for Ways to Earn Extra Income
Boosting your income, no matter how minimal the increase, can help cover necessary costs and elevate your financial standing.
Here are some ideas using your current job:
Work Overtime: If possible, consider getting more extra hours at your current job. Earnings from overtime or extra shifts can be significant.
Negotiate a Raise: If you’ve been with a company for a while and demonstrated your worth, it might be time to discuss a raise. Prepare well for this conversation with evidence of your productivity and value.
Every extra dollar earned can be put towards savings, paying down debt, and creating better financial stability.
2. Leverage Side Hustles for Extra Money
Side hustles have become an increasingly popular way to earn extra money online in your spare time. They allow for flexibility and can be a great supplement to your current income.
Start a Side Hustle: These can be a great way to make use of spare time to earn extra cash. This could be anything from driving for a rideshare company, offering freelance services, tutoring, delivering food or groceries to selling homemade goods online.
Sell Unused Items: You probably have items in your home that you no longer need. Selling anything from clothes to electronics or furniture can be a good source of income.
Passive Income: From writing an eBook to renting out a room in your house or investing in stocks, creating passive income streams can provide extra money over time.
Remember to choose a side gig that fits your schedule, interests, and skill set. Not only could it bring in extra money, but it could also turn into a passion project, making the work feel less like a chore.
3. House Sit for Extra Income
House sitting can be a viable option for those looking to generate extra income, especially if you’re flexible with your time and location. It typically involves looking after someone’s home (and sometimes their pets) while they’re away.
Not only is house-sitting a way to earn money, but it can also offer a free place to stay. Hello – you just lowered the biggest expense in your budget. However, remember that taking care of someone else’s home is a huge responsibility, so only take on tasks you’re confident you can handle.
Get started by building your profile on Trusted Housesitters.
4. Items You Don’t Need Anymore
Selling items you no longer need or use can both declutter your home and add to your income. It doesn’t just have to be big-ticket items; even small routine household items can yield returns.
While this may be difficult to do, look for items in good condition that you and your family no longer need or use. If you have extra baby stuff, you can rent it on BabyQuip for extra money.
Remember, while selling items won’t provide a consistent income, it can be a great one-time source of extra cash especially if you have these highly popular flipping items in your house.
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Whether you are traveling or just don’t want to purchase, this is a great idea to check out.
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5. Pick up a Part-time Job
When you’re on a limited income, picking up a part-time job can be a reliable way to supplement your earnings. You are trading your time for money.
Many of these jobs that pay weekly offer valuable experiences, skills, and possibly even room for growth and advancement. Remember to save and plan for any taxes due as a result of your increased earnings.
Smart Use of Technology in Budgeting
Taking advantage of personal budgeting tools can make managing your finances easier. They can help track expenses, create a budget, and set saving goals. Here are some popular options:
You Need a Budget (YNAB): YNAB helps you create a budget and live within your means, educating you on effective money management along the way.
Simplifi by Quicken: This app crunches the numbers to show how much money you have for day-to-day spending after accounting for bills, goals, and savings.
Empower: This free tool offers a comprehensive financial dashboard that includes budgeting features and investment tracking.
Tiller Money: If you want a more manual approach, you can use Google Sheets or Excel to create a customizable budget spreadsheet.
Remember, the best tool is the one you use consistently. Try a few options to see which one best meets your needs and preferences. Every tool has its pros and cons, but all aim to help you control your finances effectively.
Empower Personal Wealth, LLC (“EPW”) compensates Money Bliss for new leads. Money Bliss is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.
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Access Paychecks Early with Digital Banking Apps
With the rise of digital banking, access to innovative financial tools like early direct deposit has become more accessible, even for those with low incomes. These services can be crucial lifelines between paychecks or in case of emergencies.
Here are a few platforms that offer such services:
Chime: Once you set up direct deposit with Chime, you may get your paycheck up to two days earlier than at a traditional bank.
Current: Current, a mobile bank account, provides users with paychecks up to two days in advance.
Varo: Varo also offers early direct deposit for its users, helping you gain access to your money more quickly.
Clair: Clair’s on-demand pay solution lets you advance a portion of your paycheck before payday. This can be particularly helpful when navigating financial crunches.
It’s important to note that while accessing your paycheck early doesn’t give you extra money, it does provide more flexibility in managing your finances and can help avoid overdraft fees or high-interest loan options in times of need. As with any financial tool, it’s essential to use early paycheck access wisely and not rely on it for regular spending.
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FAQs
Saving money on a low income can seem challenging, but a few strategic changes and smart habits can make it achievable.
Engaging in a money-saving challenge can be a motivating way to encourage disciplined saving, helping you to creatively manage your finances and significantly boost your savings plan over time.
Remember, the key to saving on a low income is to stay consistent, patient, and adaptable in your approach.
Surviving on a low income budget can be challenging, but strategic planning and careful spending can help you manage your finances effectively.
The focus as Dave Ramsey likes to say is on your four walls – food, utilities, shelter, and transportation.
Remember that it’s okay to adjust your budget as you go. Circumstances change, and so should your budget. Review your budget regularly to ensure it’s still working for you and adjust as needed.
Budgeting when you’re broke might seem like an uphill battle.
The key is to make sure you stick to your budget and track your spending consistently. Don’t hesitate to reach out to local charities, government programs, and non-profit organizations for assistance.
Remember, being broke is often a temporary situation, and even small steps towards better budgeting can compound into big changes over time. Try to stay positive and focused on your financial goals.
Now, How do you Survive on a Low Budget?
Surviving on a low income involves careful planning, budgeting, and making the most of available resources. While it may seem challenging, it is indeed possible.
Every small step you take towards frugal living, such as sticking to a budget, reducing unnecessary expenses, or earning extra cash, can lead to considerable savings in the long run.
Remember, it’s also important to invest in yourself – whether that’s asking for a raise at work, learning a new skill, or starting a side hustle.
The journey of living on a low income can be tough, but it also offers an opportunity for creativity and gratitude for the essential things in life. With a positive mindset, some patience, and careful budgeting, you can not only survive but thrive, even on a low income.
The goal isn’t to just get by but to build a financially stable future.
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Indianapolis is probably best known for hosting the largest, annual, single-day sporting event in the world, the Indianapolis 500. But that’s not all this city has to offer. We’ll wow you with some of the lesser-known Indianapolis facts.
Only real locals know the ins and outs of their city. But if you want to learn about Indianapolis’ facts, you’re in luck! We’re about to show you some enthralling facts about this city. These facts are interesting and unusual — some are even mind-boggling. In the end, we’re sure these facts will make you fall in love with the city and perhaps even decide to find an apartment to rent in Indianapolis.
32 interesting Indianapolis facts only the locals know about
1. You must be a sports fan to live in Indianapolis. Alright, it’s not really a requirement but it definitely helps. Sports is a big deal in this city as it’s home to 11 professional sports teams, three national collegiate teams and multiple minor league teams. Of course, it’s also home to the Indianapolis 500. The National Collegiate Athletic Association (NCAA) and the National Federation of State High School Associations have their headquarters in the city, too. Suffice it to say, if you live in Indianapolis, you’re going to hear a lot about sports a lot of the time.
2. Indianapolis isn’t just a hot foodie destination, it’s one of the top farm-to-table foodie destinations in the country. It is, after all, in farm country. However, what’s cool about Indianapolis is that urban farming has taken off in recent years. Locals don’t just rely on food from farms on the outskirts of the city — they can get it directly in town. There are over 134 urban and community farms in the city.
3. If you’re a fan of history and/or the macabre, you might find it interesting to know that Indianapolis is home to the third-largest cemetery in the U.S. The Crown Hill Cemetery encompasses 555 acres and is the final resting place of some well-known historic figures like John Dillinger and James Whitcomb Riley.
4. Another place to visit for those who love macabre history is the Indiana Medical History Museum. This sounds like it’s simply an educational destination, but it’s much more than that. The site was the Central Indiana Hospital for the Insane. On display are old and quite intimidating medical instruments (why do old instruments always look like medieval torture devices?), as well as an anatomical museum (yes, body parts are on display) and a 19th-century autopsy room. Paints quite the mental picture, doesn’t it?
5. Contrary to popular belief, Indianapolis doesn’t get blanketed with snow each winter. Instead, it averages less than the national average and typically occurs in an occasional dusting of snow, rather than a blizzard or downfall type scenario. It does get pretty cold, though, averaging in the 20s to 30s (Fahrenheit), though it can occasionally dip into the single digits. So, be sure to invest in some warm clothes (long johns, anyone?) for those brisk winter months.
6. Indianapolis is the home of Wonder Bread. The Taggart Baking Company created the white, fluffy bread in 1921 and was the first major company to sell sliced bread. Which in turn, gave us something we all know and love — the sandwich.
7. Want in on one of the top Indianapolis secrets? For such a big city, Indianapolis has one of the most affordable cost of living rates in the country. Overall, the cost of living is about 8 percent lower than the U.S. average. And housing costs are nearly 20 percent lower — ideal for anyone looking for apartments to rent in Indianapolis. That’s not to say there aren’t neighborhoods in the city with higher-than-average rental rates. Every city has to have those, right? But for the most part, the cost of living in Indianapolis is quite affordable.
8. Another common misconception about this part of the country is that it’s all cornfields. Indiana actually has an abundance of trees (you totally need to see them in the fall – gorgeous!), hills and stunning parks. Locals love visiting Holliday Park and hiking its beautiful trails, particularly around the White River. Residents of the city say it’s one of the top three parks in the city
9. One of the interesting facts about Indianapolis is that it’s one of the most hospitable cities in the Midwest, if not the country. Locals are so hospitable and provide such great service, in fact, that “Hoosier Hospitality” is an actual thing.
10. If you want a taste of what it’s like to ride around the Indianapolis 500 raceway, you can pay admission to the Indy 500 museum for the Kiss the Bricks tour. You’ll ride a bus once around the track and kiss the bricks at the starting line.
11. Indianapolis was home to Oscar Charleston, a man who had a 43-year career in baseball. His induction into the National Baseball Hall of Fame took place in 1976.
12. Indianapolis has multiple slogans and nicknames, including Indy, Crossroads of America, Circle City, Naptown, The Hoosier Capital/City, The Capital City, City of Churches, Home of the Greatest Spectacle in Racing and The Railroad City.
13. Speedway, Indiana, a suburb of Indianapolis (approximately 12 minutes away), is home to the Indianapolis Motor Speedway. From Sept. 1 through Sept. 6, 1978, there was a series of eight random bombings known as The Speedway Bombings. The bomber put bombs in trash cans and dumpsters, as well as an abandoned gym bag. No one died from the bombings, but a police cruiser exploded, a man was severely injured and the bomber shot a woman at her home before his arrest.
14. The Indiana State Museum is home to one of the most important Abraham Lincoln collections in the country. The collection includes copies of the 13th Amendment signed by Lincoln, as well as copies of the Emancipation Proclamation and personal belongings of the Lincoln family.
15. One of Indianapolis’ best-kept secrets (to outsiders only, of course) is that the Indiana State Museum holds an IMAX theater. This is truly one of the best ways to fully immerse yourself in a film.
16. Indianapolis is host to the OneAmerica 500 Festival Mini-Marathon — one of the largest half-marathons in the country and also named one of the best and most iconic races in the world. The race starts with an IndyCar driver leading each wave of the race in a pace car and includes a lap around the Indianapolis Motor Speedway.
17. According to locals, some of the best places to get away from the hustle of city life include Monon Trail, Canal Riverwalk and Ft. Harrison State Park.
18. Indianapolis is the birthplace of several famous people in entertainment and politics, including:
19. This city is also the final resting place of several famous people including Ray Brown, a Grammy-winning bass player.
20. Art and culture are important to Hoosiers, so they’ve made them accessible to nearly anyone. For instance, the Newfield’s Museum of Art has free admission one day a week. The Indianapolis Symphony has a Summer Lunch Series — tickets are only $5.
21. Massachusetts Avenue is one of the unique hotspots in the city. It’s great for a night out on the town, as well as some daytime shopping. You’ll find public art that many describe as visionary and live theater that will leave you feeling inspired.
22. It’s an Indianapolis fact that if you want great music and amazing food, you need to go to The Rathskeller. This is a premier fine dining experience where you’ll get to enjoy delicious German cuisine while listening to some of the hottest local bands.
23. Most people know that Indianapolis is the state capital of Indiana. (If you don’t, ask a 5th grader.) But did you know that Indianapolis wasn’t the original state capital? Corydon was the state’s first capital. In 1820, the state authorized a committee to select a new city to become the state capital. After finding a location, the legislature passed a year later to name the new site Indianapolis.
24. The Children’s Museum of Indianapolis is a great place to take your kids — especially on a hot, summer afternoon. And while the attractions and exhibits within the museum are awesome, what’s equally interesting is the fact that this is the largest children’s museum in the entire world.
25. You definitely need to spend an evening at the Slippery Noodle Inn. Not only will you get to hear some of the best live blues in the city, but you’ll love the history of the place. First, it was a stop on the Underground Railroad. Second, John Dillinger once shot the place up. And finally, it’s the oldest continuously operating bar in Indiana.
26. This city has the most interstate legs in the country. Four interstate highways and two auxiliary interstates — I-65, I-69, I-70, I-465 and I-865 — intersect in the midst of the city.
27. A Hoosier penned “Take Me Out to the Ballgame.” The song is incredibly well-known but not everyone knows or remembers who wrote it.
28. Tony Hinkle is a legend in this city. He was a football, baseball and basketball player, coach and eventually administrator. He also invented modern-day basketball. Hinkle is so popular that the basketball court on the Butler University campus — Hinkle Fieldhouse — was named in his honor. The court is famous for the 1954 state championship game that inspired the film “Hoosiers,” as well as for the fact that famous names like Larry Bird and Oscar Robertson played on Hinkle’s court.
29. Elvis Presley performed his last concert in Indianapolis. He died three months later.
30. Duckpin bowling is a sport that was popular in the city (really, what sport isn’t popular in Indianapolis?) in the early 20th century. It’s since gone the way of the dodo in most areas but there are still a few of these bowling alleys in Indianapolis, including Atomic Bowl Duckpin and Action Duckpin Bowl.
31. While the Indy500 is the most iconic motor race in the world, Indianapolis also offers another kind of racing at the Indianapolis Speedrome. It’s basically junk cars racing around a 1/5-mile oval track that’s approximately the size of a restaurant parking lot. Sometimes, they even race old school buses.
32. The gondolas in the downtown canal are authentic. They’re Italian-made and weigh one ton each.
Are you intrigued by our Indianapolis facts?
Learning about a new city is always fun. And even if you’re a resident of Indianapolis, there’s always something new to learn. That’s one of the great things about living in a large city. There are always fun people to meet. Seeing a city from their perspective or from their personal/familial experiences can give the city new life and make you fall in love with it all over again.
Among those surveyed, 76% preferred a single-family home while 3.6% wanted a condominium, 8.6% wanted an apartment, and 3.7% wanted a mansion. The most important feature of a home, according to the survey, was location followed by number of bedrooms and the size of the home. The last on the list was curb appeal while … [Read more…]