Home lending is near a two-decade low, with purchasing, refinancing and home equity lending all declining.
Mortgages secured by residential properties of one to four units declined 13.8% from the third quarter of 2023 to 1.35 million in the fourth quarter, according to real estate data provider ATTOM’s fourth-quarter 2023 U.S. Residential Property Mortgage Origination Report.
After another period of high home prices and mortgage rates coupled with low for-sale home inventory, residential lending was down 16.5% from a year ago and 67.7% from a high hit in the first quarter of 2021.
“Multiple powerful forces continued to conspire against the mortgage industry during the fourth quarter, slicing back huge portions of their business,” ATTOM CEO Rob Barber said.
Average interest rates for 30-year fixed loans rose to between 7% and 8% at the end of 2023, prompting home mortgage lending to fall and driving home ownership costs up at a time when record home prices across most of the country already were unaffordable.
Lenders issued $417.4 billion in residential mortgages in the fourth quarter, down 14.9% from $490.3 billion in the third quarter and 18.6% from $512.7 billion in the fourth quarter of 2022.
The largest quarterly declines were in Anchorage Alaska, down 45.3% from the third quarter; St. Louis, down 42%; Charleston, South Carolina, down 33.5%; Rochester, New York, down 31.5%; and South Bend, Indiana, down 25.7%.
Residential refinance mortgages in the fourth quarter stood at 487,671, down from 529,683 in the third quarter and down 5.3% from 514,915 in the fourth quarter of 2022. The largest quarterly declines were in Anchorage, Alaska, down 46.9%; St. Louis, down 39.2%; South Bend, Indiana, down 35%; Rochester, New York, down 31.5%; and Tulsa, Oklahoma, down 17.1%.
Home equity line of credit (HELOC) lending also fell, decreasing to 240,564 in the fourth quarter from 275,551 in the third quarter. HELOCs were down 25.6% from 323,369 a year earlier.
“There were signs during the peak buying season of 2022 that things were starting to turn around, with increases in purchase, refinance and HELOC deals,” Barber said. “That could happen again this year as we head into this year’s peak period, especially with interest rates coming down recently. But the fourth-quarter numbers revealed continued gloomy times for lenders, no matter how you sliced the pie.”
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This article Home Lending Hits Rock Bottom: Two-Decade Low As Buying, Refinancing And Equity Loans Plummet originally appeared on Benzinga.com
Inside: Secure your financial future with insights into the top appreciating assets. Find the best appreciating assets and learn how to grow wealth with strategic investments.
Asset appreciation isn’t just an economic term; it’s the fuel that powers wealth creation. Think of appreciating assets as the golden geese, steadily laying valuable eggs that grow in size over time.
This is a crucial concept that triumphs and what you own can become the cornerstone of your financial success.
Asset appreciation isn’t just a buzzword; it’s the driving force behind significant wealth accumulation.
Whether you’re just starting or looking to expand your portfolio, understanding the role appreciation plays can mean the difference between mediocrity and staggering success.
Now, let’s dig in and help move your net worth higher.
What Are Appreciating Assets?
Appreciating assets are the golden geese of the investment world. They are the powerful engines that drive your net worth higher over time.
When you invest in assets like real estate, stocks, and even fine art, you’re placing a bet on their future value.
Unlike the car that loses value the moment you drive it off the lot, these assets typically gain worth, supernova-style, expanding your financial universe with every passing year.
How do assets appreciate in value?
Appreciation, at its core, is an asset’s journey from ‘worth X’ to ‘worth X and beyond’. But how does this magical wealth-building happen?
Several factors can give assets a financial boost.
For starters, the traditional law of supply and demand plays a huge role—if more people want it and there’s not enough to go around, the value goes up.
Toss in the influence of interest rates, economic growth, and geopolitical stability, and you have a mix that can push asset value into new echelons.
Even inflation can be a friend to assets, increasing their nominal value over time.
Remember, appreciation isn’t a given; it’s a hopeful trajectory bolstered by market forces and wise decision-making. You want to hop onto the appreciation train with assets that offer the promise of increasing in value, not just for now, but well into the future.
How to increase net worth with appreciating assets
Increasing your net worth with appreciating assets is like laying bricks for a financial fortress—it requires strategy, patience, and a mix of assets that have a history or strong potential for growth.
Start by assessing your current holdings and considering where you can diversify with assets that shine in appreciation prospects. It’s a game of balance, where you mix higher-risk, high-reward options with stable, gradual growers.
Make a habit of routinely re-evaluating your assets, keeping in mind economic trends and your personal goals. Sometimes, this may mean letting go of underperformers in favor of assets with brighter horizons.
Consider leveraging tax-advantaged accounts and investment strategies to maximize your wealth growth.
Most importantly, ensure liquidity so you can capitalize on new opportunities. Having liquid assets means you won’t miss out when the next big appreciating asset comes knocking.
Top 5 Appreciating Assets You Must Own
#1 – Stocks with High Growth Potential
Stocks are the daredevils of the investment world, particularly those brimming with high growth potential. They’re the kind that can catapult your net worth to the stratosphere if chosen wisely.
Tech giants like Nvidia, Microsoft, Google, Amazon, and Meta are testament to this—their growth over the decades has turned modest investments into fortunes.
Investing in high-growth potential stocks is like spotting a gem in the rough – if you spot the right ones, your financial prospects could shine brightly. You must learn how to invest in stocks for beginners.
Personally, I cannot stress how important it is to learn how to invest in the stock market as I can attest this is how you quickly grow your net worth.
Best For: Investors with a higher risk tolerance who are aiming for greater returns or dividend stocks and have the patience to weather market fluctuations.
#2 – ETFs to Streamline Investments for Optimal Performance
Exchange-Traded Funds (ETFs) are the investment world’s multitaskers, pooling the potential of various assets for optimum performance. By offering a diversified portfolio within a single share, they allow investors to spread their risk while reaping the growth benefits of different markets and sectors.
ETFs provide an easy and efficient way to diversify investments, reducing risk while still offering growth opportunities. They’re especially game-changing for those who prefer a “set and forget” strategy, as many ETFs are designed to passively track indexes or sectors. Many track the S&P, so you can easily invest in the overall market.
They’re cost-effective, often having lower fees than traditional mutual funds, and are accessible to investors with varying levels of experience.
Best For: Both beginners and experienced investors looking for a blend of simplicity, cost efficiency, and diversification in their investment strategy.
#3 – Real Estate: A Staple in Appreciating Assets
Real estate has long stood as a bulwark in the investment community, a reliable appreciator that doubles as both a tangible asset and a potential home. It’s a market marked by stability and a historical uptrend in value, making it a classic choice for those seeking long-term wealth growth.
Owning property is synonymous with the very concept of asset growth, with the power to withstand economic ebbs and flows. Location continues to be the drumbeat to its rise in value – a prime spot can transform a simple parcel into a gold mine.
Plus it is a tangible asset that provides utility and can serve as a hedge against inflation.
Whether it’s through REITs, crowdfunding platforms like Fundrise, or direct ownership, real estate can anchor your investment strategy on solid ground.
Best For: Investors seeking a tangible asset with a dual aim of long-term capital appreciation and passive rental property income. Ideal for those ready to manage properties or hire management, and for those who can handle the responsibilities of ownership.
#4 – Your Own Business: Betting on Your Entrepreneurial Spirit
Your own business isn’t just a job, it’s a reflection of your passion and an opportunity to control your financial destiny. When successfully executed, a business can become one of the most valuable appreciating assets, offering unparalleled autonomy and potentially substantial economic rewards.
Starting a business can lead to exponential wealth growth as the company expands and becomes profitable.
Your business’s value can significantly increase over time, making it a formidable asset in your net worth.
Owning a business is not just about the profits; it’s a journey of personal growth, resilience, and the triumph of turning passion into paychecks. It’s a path that can lead to great wealth, especially when one approaches it with clear strategy and unquenchable enthusiasm.
Best For: Individuals with entrepreneurial spirit, a viable business idea, and the readiness to invest time and capital into a long-term venture. Suitable for those who are tenacious and willing to face the challenges of entrepreneurship head-on.
#5- Self-Investment: The Ultimate Asset with Infinite Returns
Investing in yourself is like planting a seed that grows into a sturdy, towering tree, sheltering your financial future.
This investment can unlock doors to better opportunities, higher incomes, and greater job satisfaction. Whether it’s through education, health, or personal development, the returns on self-investment can be limitless.
Personal development often correlates with higher levels of personal and financial success.
Remember, when you invest in yourself, you become capable of crafting a life that not only brings in wealth but also contentment and a deeper sense of success.
Best For: Any individual seeking to enhance their career trajectory, entrepreneurship potential, or personal satisfaction. This approach is ideal for those who are committed to lifelong learning and self-improvement.
Other Examples of Appreciating Assets You Can Own
The Role of Bonds in a Diverse Securities
Bonds, those steadfast soldiers of the investment world, offer a buffer of safety amid the high-flying volatility of other assets. In a diversified portfolio, bonds contribute stability and predictable income, making them an essential element for many investor’s strategies.
They provide a fixed income stream with less volatility than stocks, acting as a cushion in economic downturns.
Bonds can offer a balance in investment holdings, mitigating risk and providing steady returns. Just make sure the returns are higher than an interest-bearing money market account.
Best For: Investors seeking to balance their portfolio with a lower-risk asset or those nearing retirement who prioritize income and stability over high growth.
Cryptocurrencies: The Digital Gold of Tomorrow?
Cryptocurrencies have emerged as the mavericks of appreciating assets, offering a wild ride with the allure of high-stakes jackpot payouts. As the “digital gold” of the modern era, they encapsulate the spirit of decentralization and technological innovation.
While their volatility can stir up investor heartbeats, their dramatic price appreciation stories make them impossible to ignore for those seeking the thrill of potentially explosive gains.
Even as the cryptocurrency markets continue to ebb and flow, they offer a unique proposition in wealth growth strategies—a high-risk, high-reward horizon that has many gazing toward the future with wallets in hand.
Best For: Tech-savvy investors with a high risk tolerance, seeking to diversify with a modern asset class that has considerable growth potential.
Fine Art and Collectibles: Value Beyond Beauty
Fine art and collectibles are not just a feast for the eyes; they’re also a banquet for your investment portfolio.
These assets bring value that transcends their aesthetic appeal, becoming cherished as cultural treasures and financial boons alike. With the intrinsic charm of rarity and historical significance, art pieces and collectibles can appreciate substantially over time, especially when curated with an expert eye.
For instance, this rare portrait of George Washington is expected to fetch $2.5 million at an upcoming auction.1
Best For: Connoisseurs with a passion for the arts or history, and investors looking for long-term, value-holding assets that also serve as cultural and personal investments. Ideal for those with substantial capital ready to navigate the less liquid markets.
Precious Metals: Why Gold and Silver Remain Attractive
Gold and silver aren’t just the treasures of lore—they’re enduring staples for those looking to fortify their wealth. Their allure lies in their history, intrinsic value, and the stability they can provide when economic tides turn tumultuous. Gold and silver are known for their resilience during economic downturns and inflationary periods. As such, learn how to invest in precious metals.
They are tangible, finite resources with universal value, often resulting in consistent demand.
Best For: Investors looking to hedge risks or seeking a stable store of wealth.
Prospects of Private Equity in Upcoming Markets
Private Equity (PE) forms the backbone for the next wave of market disruptors and innovators. Investing in private companies, especially in emerging markets, can yield substantial capital appreciation as these businesses grow and mature, sometimes well before they hit the public sphere.
This has significant potential for appreciation as companies scale up their operations and increase their market footprint.
Best For: Sophisticated investors with a high-risk tolerance and a long investment horizon. They typically have a significant amount of capital to invest and are looking for opportunities outside of public markets to achieve potential high returns.
Venture Capital’s Role in Shaping Future Wealth
Venture Capital (VC) is the financial catalyst that turns innovative startups into tomorrow’s industry leaders. By injecting capital into early-stage companies, VC not only generates the potential for staggering returns but also plays a critical role in shaping future markets and consumer trends.
It plays a critical role in shaping the business landscape of tomorrow by investing in innovation today. With its penchant for high-risk ventures, VC remains an appealing asset class for those with a futuristic vision who are keen to be part of the next big thing.
Venture capital isn’t merely about capital gains; it’s an embrace of progress, a stake in the evolution of industries, and a partnership with the brightest minds of a generation.
Best For: Investors who have a deep understanding of emerging markets and technologies, a high-risk tolerance, and the patience for long-term investment. Also ideal for those who wish to actively participate in the entrepreneurial process and impact the future direction of new businesses.
The Thriving Market for Vintage Automotive Collectibles
Vintage automotive collectibles are revving up the collectibles market with a roar.
Car enthusiasts and investors alike recognize that certain classic models don’t just retain their charm; they accelerate in value over time. The emotional connection, the engineering legacy, and the nostalgia factor turn these vehicles into appreciating assets with a personal touch.
Plus they offer a tangible investment that can be appreciated both visually and through the driving experience.
Best For: Auto enthusiasts who appreciate the craftsmanship of vintage models and are prepared for the hands-on involvement required. Most may see them as a collectible rather than an investment.
Sports Memorabilia as Lucrative Investments
Sports memorabilia takes you on a trip down memory lane, connecting you to pivotal moments and legends of the past. This nostalgia mixed with exclusivity propels their value, making them sought-after assets in the realm of investing.
The emotional and sentimental value tied to sports icons and historical moments can drive considerable investment interest and demand.
Best For: Sports fans who want to combine their passion with investment potential and like to show off their memorabilia.
Land: The Original Real Estate Investment
Land is the progenitor of all real estate investments, offering a blank canvas for potential development or holding value as a scarce resource. With an appeal that has stood the test of time, land remains one of the most fundamental appreciating assets in the investment portfolio.
It is a finite resource; they’re not making any more of it, so demand can only go up as supply remains constant.
Increases in development, population growth, and changes in land zoning can significantly enhance land value over time.
Best For: Investors seeking to hedge against inflation and looking at long-term growth prospects. Land is best for those who have the capital to invest without the need for immediate returns and can wait for the right opportunity to maximize their profits.
Commodities: A Staple in Diverse Investment Portfolios
Commodities offer a slice of the global economic pie, essential for their role in everyday life—from the grain in your breakfast cereal to the petroleum powering your car. As tangible assets, commodities can provide a buffer against inflation and diversify investment portfolios. A similar case could be made for trading currencies.
Commodities, including metals, energy, and agricultural products, often increase in value with inflation and global demand. They provide an investment route less correlated with the stock market, adding portfolio diversification.
Best For: Diversification seekers and those comfortable dealing with market fluctuations who understand global economic trends. Ideal for investors who wish to hedge against inflation and have an interest in tangible or sector-specific assets.
Navigating the High-Yield Savings Landscape
High-yield savings accounts have emerged as essential vehicles for preserving and modestly growing wealth.
In 2022-2024, with interest rates eclipsing their traditional counterparts, these accounts are more relevant than ever for savvy savers seeking to keep pace with inflation. They provide a safe haven for emergency funds or short-term financial goals while offering better returns than a typical savings account.
They provide a low-risk option to grow savings with the added convenience of liquidity. Just like certificates of deposit or CDs.
Best For: Individuals aiming for a secure, accessible place to save money with a better yield than traditional banking products. Especially well-suited for those starting to build their emergency funds or setting aside cash for near-term expenses.
Peer-to-Peer Lending – A Trend to Watch for Asset Growth
Peer-to-peer (P2P) lending shakes up traditional banking by directly connecting borrowers with investors through online platforms. This asset class is gaining traction, providing a novel way to potentially generate higher returns compared to traditional fixed-income investments.
P2P lending platforms offer higher returns on investment over standard savings, as you’re effectively acting as the bank.
It’s a cutting-edge way to diversify your investment portfolio beyond traditional stocks and bonds.
Best For: Investors looking for alternative income streams and who are comfortable with the risk associated with lending money.
Intellectual Property and Patents: An Overlooked Avenue for Wealth Creation
Owning the rights to an invention or unique creation can lead to a wealth of opportunities, with patents often being a gold mine for inventors and savvy investors alike.
Patents, in particular, hold the promise of a decade-long fruitful life, offering the potential for significant monetary returns through licensing or sales.
Best For: Inventors, entrepreneurs, and investors who are versed in industries where innovations are rapidly commercialized. It’s well-suited for those able to navigate the intricacies of patent law and capable of investing in the enforcement and marketing of their IP.
Alternative Investments: Unique Opportunities for Accredited Investors
Accredited investors have the advantage of accessing a broader range of alternative investments that may not be available to the general public, offering potentially higher returns and portfolio diversification. These can include private equity, hedge funds, and exclusive real estate deals.
It’s crucial, however, for accredited investors to conduct thorough due diligence and assess their risk tolerance when allocating a portion of their portfolio to these alternative assets.
Best For: Seasoned investors looking for diversification and higher risk-reward ratios and qualify as an accredited investor.
Luxury Goods: When Opulence Equals Investment
Luxury goods are not only symbols of status and opulence but can also solidify your investment game. High-end watches, designer handbags, and exclusive jewelry collections often see their value climb, defying the usual wear-and-tear depreciation.
They resonate with collectors and enthusiasts, transforming personal indulgence into a viable investment strategy.
Best For: Investors with a penchant for the finer things in life and enthusiasts looking to blend personal enjoyment with financial gain.
Secrets of the Antique Trade: Seeking Out Hidden
The antique trade is akin to a treasure hunt, where seasoned savvy meets the thrill of discovery. Unearthing hidden gems within flea markets, estate sales, and auction houses not only provides a historical connection but can also reveal investment diamonds in the rough.
Antiques carry the potential for significant bottom line appreciation due to factors like rarity, provenance, and desirability among collectors.
Like finding this antiquated nautical map at an estate sale and now listed for $7.5 million. 2
Best For: Collectors with a passion for history and an eye for value.
What If You Have A Depreciative Asset?
If you’re holding onto a depreciative asset, it’s like grasping a melting ice cube: time can whittle away its value.
Consider selling to repurpose the capital into something that appreciates, upgrading to a more efficient model, or simply using it fully before its value dips too low. Each depreciative asset requires a tailored strategy, balancing between cutting losses and extracting maximum utility.
It’s a strategic financial dance — knowing when to hold on and when to let go of depreciative assets can ensure they serve your bottom line more than they hurt it.
FAQs
Appreciating assets are financial powerhouses that grow your wealth over time. They combat inflation and can provide additional income streams.
By increasing in value, they enhance your net worth, creating a more robust financial foundation for your future endeavors.
Appreciating assets are typically categorized based on their nature and the way they generate value. Common categories include tangible assets like real estate and collectibles, financial assets like stocks and bonds, and intangible assets like patents and copyrights.
The assets that don’t often depreciate include real estate, precious metals like gold and silver, and certain collectibles such as fine art or vintage cars. These assets maintain value or appreciate over time, resistant to the typical wear and tear or technological obsolescence that affects other assets.
Which Asset that Has Appreciation in Value Interests You
In conclusion, adding appreciating assets to your portfolio is a strategic move towards achieving financial security and building long-term wealth.
These assets combat inflation by potentially increasing in value over time, providing an opportunity to earn returns that exceed the average inflation rate.
However, these assets are not considered to be part of your liquid net worth. With all appreciating assets, you must consider the potential taxes on your various investments.
To facilitate this wealth-building strategy, it’s vital to practice saving diligently—consider automating your savings, cutting unnecessary expenses, and increasing income streams. By consistently setting aside funds, you can gradually invest in diverse appreciating assets such as stocks, real estate, or retirement accounts.
This is how you start forming a life consistent with financial freedom.
Source
Barrons. “Rare Portrait of George Washington Could Fetch $2.5 Million at Auction.” https://www.barrons.com/articles/rare-portrait-of-george-washington-could-fetch-2-5-million-at-auction-e2f19134. Accessed February 20, 2024.
Los Angeles Times. “A $7.5-million find: Overlooked Getty estate sale map turns out to be 14th century treasure.” https://www.latimes.com/california/story/2023-10-25/map-dealer-discovers-14th-century-portolan-chart-getty-estate-sale. Accessed February 20, 2024.
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Investing in a private company means acquiring equity in a company that doesn’t sell shares on public stock markets. Broadly speaking, there are two types of companies: public and private. And while you are likely more familiar with public-company investments — stocks traded on stock exchanges — there are also investment opportunities to be had with private companies.
There can be benefits that come with investing in privately held companies. Depending on your current circumstances, risk tolerance, and financial goals, you will likely approach the types of companies you consider investing in differently. And it’s important to understand that there are significant risks involved, and develop your expectations accordingly.
Understanding Private Companies
A private company is one that has not or does not sell shares of itself on public exchanges. Conversely, a public company has undergone an initial public offering (IPO), which means that it has publicly issued stock in hopes of raising more capital and making more shares available for purchase by the public.
As a general rule of thumb, until a company has an IPO, it’s considered private.
Classification of Private Companies
Again, private companies are those that are not publicly traded.
Unlike the world of public investing, private investing happens off of Wall Street and takes place anywhere new, buzzy ventures are cropping up.
Public companies, especially ones that are bigger, are more easily bought and sold on the stock market, and individuals are able to invest in them. These companies are also regulated by organizations like the Securities and Exchange Commission (SEC).
The SEC is a government body that makes sure these businesses stay accountable to their investors and shareholders, and it requires publicly traded companies to share how they are doing, based on their revenue and other financial metrics.
In contrast, a privately held company is owned by either a small number of shareholders or employees and does not trade its shares on the stock market. Instead, company shares are owned, traded, or exchanged in private.
The landscape of investing in private companies can sometimes be mystifying, in part because private stock transactions happen behind closed doors. But even though private companies may be less visible than their public counterparts, they still play an important role in the economy and can be a worthwhile investment.
Investing in a private company can also be incredibly risky, and it’s important to understand some of the pros and cons of investing in this landscape.
The Growth Journey: Startups to Unicorns
Generally speaking, the goal of a startup (a small business with aims to grow quickly and possibly go public) is to become a “unicorn.” A “unicorn” company is a private company that’s valued at more than $1 billion. Very few companies become unicorns, and for investors, a primary goal is to find and invest in companies that will become unicorns.
Strategic Pathways to Private Investments
There are several ways to invest in private companies, though not all of them will be available to every investor.
Early Stage Investments and Angel Investing
Early-stage investing, often called “angel investing,” involves making an investment in a very small-stage company in exchange for ownership of that company. This tends to be the riskiest stage to invest, as companies at this stage are small, young, and often unproven.
Joining Private Equity Firms
Investors can also get involved in private company investing through private equity. Private equity firms invest in private companies, like angel investors, in hopes that the equity they acquire will one day be much more valuable. Again, this is likely not an option for the average investor, as private equity is usually an area reserved for high-net-worth individuals. 💡 Quick Tip: Did you know that opening a brokerage account typically doesn’t come with any setup costs? Often, the only requirement to open a brokerage account — aside from providing personal details — is making an initial deposit.
Investing in Pre-IPO Companies
Some investors attempt to invest in companies before they go public to take advantage of any post-IPO spikes in share value. There are a few ways to invest in pre-IPO companies.
Leveraging Pre-IPO Investing Platforms
There are certain platforms that allow investors to make investments in pre-IPO companies. An internet search will yield some of them. Those platforms tend to work in one of a few ways, usually by offering investors access to specialized brokers who work with private equity firms, or by directly connecting investors with companies, allowing them to make direct purchases of stock.
You’ll need to dig in and do your own research into these platforms if this is a route you plan to pursue, but also know that there are significant risks with these types of investments.
The Accredited Investor’s Guide
For some private company investments, investors will need to be “accredited.” An accredited investor is an individual or entity that meets certain criteria, and can thus invest in hedge funds, private equity, and more.
Qualifications and Opportunities
For individuals to qualify as accredited investors, the SEC says that they need to have a net worth of more than $1 million (excluding primary residence), and income of more than $200,000 individually, or $300,000 with a spouse or partner for the prior two years.
There are also professional criteria which may be met, which includes being an investment professional in good standing and holding certain licenses. There are a few other potential qualifications, but those are the most broad.
Exclusive Markets for the Accredited Investor
Becoming an accredited investor basically means that you can invest in markets shut off from other investors. This includes private companies, and private equity. Effectively, being “accredited” comes along with the assumption that the investor has enough capital to be able to make riskier investments, and that they’re likely sophisticated enough to be able to know their way around private markets.
The Pros and Cons of Private Company Investments
There are pros and cons to investing in private companies that investors should be aware of.
Advantages of Private Market Engagement
Because private companies are often smaller businesses, they may offer investors an opportunity to get more involved behind the scenes. This might mean that an investor could play a role in operational decisions and have a more integrated relationship with the business than they could if they were investing in a large, public company.
In an ideal scenario, if you invest in a private company, you’ll get in earlier than you would when a company goes public. (Note: This is the ideal scenario.) And getting in early can potentially produce impressive results — if you’ve made a sound investment decision.
Another possible benefit of investing in a private company is that there is generally less competition for equity than with a public company. This means you could end up with a bigger slice of the pie.
Investing in a private company might also mean that you are able to set up an exit provision for your investment — meaning you could set conditions under which your investment will be repaid at an agreed upon rate of return by a certain date.
Generally speaking, investing in a private company can have some strong benefits, including increased potential for financial gain and the opportunity to become more involved in the future of a business.
Risks and Considerations
One of the biggest risks involved in investing in a private company is that you may have less access to information as an investor. Not only is it more challenging to get hold of data in order to understand how the company performance compares to the rest of the industry, private companies are also not held to the same standards as publicly-traded ones.
For example, because of SEC oversight, public companies are held to rigorous transparency and accounting standards. In contrast, private companies generally are not. From an investor’s standpoint, this means that you may sometimes be in the dark about how the business is doing.
In addition to this, many private companies may lack access to the capital they need to grow. And even though there may be an opportunity to set up an exit provision as an investor in a private company, unless you make such a provision, it could be a huge challenge to get out of your investment. 💡 Quick Tip: When you’re actively investing in stocks, it’s important to ask what types of fees you might have to pay. For example, brokers may charge a flat fee for trading stocks, or require some commission for every trade. Taking the time to manage investment costs can be beneficial over the long term.
Critical Steps for Investing in Private Companies
Just like investing in the public stock exchanges, there are some steps that investors may want to follow as a sort of best-practices approach to investing in private companies.
Conducting Thorough Research
Always do your homework — or, as much research as you can before investing in a private company. As noted, this may be difficult, as there’s going to be less available information about private companies versus public ones. You also won’t be able to research charts and look at stock performance to get a sense of what a company’s future holds.
Identifying and Assessing Potential Deals
Through the research you are able to do (perhaps as a part of a private equity or hedge fund), you’ll want to do your best to zero-in on some potential investment opportunities. Like investing in stocks, you’ll be looking for companies that appear healthy, are competitive, and that you think have a good chance of surviving the years ahead.
There’s no magic formula, of course, but investors should do as much due diligence as possible.
The Transaction: Making Your First Private Investment
Depending on how you choose to invest, making your first private company investment may be as simple as hitting a button — such as on a private crowdfunding website or something similar. Or, if you’re directly investing with the company, it may be more involved. Just know that it’ll probably be a bit different than buying stocks or shares on an exchange.
Post-Investment Vigilance
As with any investment — public, or private — investors will want to keep an eye on their holdings.
Monitoring Your Investment
Monitoring your investment in a private company is not going to be the same as monitoring the stocks in your portfolio. You won’t be able to go on a financial news website and look at the day’s share prices. Instead, you’ll likely need to be in touch with the company directly (or through intermediaries), reading status reports and financial statements, and doing your best to learn how business is operating.
It’ll be a bit opaque, and the process will vary from company to company. So, keep that in mind.
Exit Strategies and Liquidity Events
When an investor “exits” an investment in a private company, it means that they sell their shares or equity and effectively “cash out.” If an investor bought in at an early stage and the company gained a lot of value over the years, the investor can “exit” with a big return. But returns vary, of course.
Liquidity events present themselves as times to exit investments, and for many private investors, the time to exit is when a company ultimately goes public and IPOs. But there may be other times that are more favorable to investors, if they present themselves.
Investment Myths Debunked
As with any type of investment, there may be myths or misunderstandings related to private company investments.
Setting Realistic Expectations
A good rule of thumb for investors is to keep their expectations in check. In all likelihood, you’re not going to stumble upon the next Mark Zuckerberg or Jeff Bezos, desperately looking for cash to fund their scrappy startup. Instead, you may be more likely to find a company that has good growth potential but no guarantee of survival. For that reason, it’s important to always keep the risks in mind, as well as what you actually expect from an investment.
Common Misconceptions
Some further misconceptions about private investing include that it’s only for the ultra-rich (not necessarily true, but may often be the case), that every investment may offer high returns (along with high risks), and that profits will come quickly. An investment may take years to ultimately pay off — if it does at all.
Ready to Invest? Questions to Ask Yourself
If you feel comfortable with the idea of investing in private companies and are ready to take the next step, be sure to know your own preferences before making any moves.
Assessing Your Risk Tolerance
Are you okay with taking on a lot of risk? Because you’ll probably need a high risk tolerance to be able to stomach private company investing. So, be sure to take stock of how much risk you can realistically handle, as the importance of knowing your risk tolerance will become abundantly clear as you progress in your investing journey.
Aligning Investments with Personal Goals
Also think about how your investments in private markets relate or mesh with your overall investing goals. That’s to say that you don’t necessarily want to invest in private companies just for the sake of investing in private companies — instead, think about how these investments fit into your larger portfolio.
The Takeaway
Investing in private companies entails buying or acquiring equity in companies that are not publicly traded, meaning you can’t buy shares on the public stock exchanges. This often involves investing in small companies with high growth potential — but not always, and not necessarily. Because this is a risky type of investing, there tends to be high potential rewards, too.
Investing in private companies is not for everyone, and there may be stipulations involved that prevent some investors from doing it. If you’re interested, it may be best to speak with a financial professional before making any moves.
Ready to invest in your goals? It’s easy to get started when you open an investment account with SoFi Invest. You can invest in stocks, exchange-traded funds (ETFs), mutual funds, alternative funds, and more. SoFi doesn’t charge commissions, but other fees apply (full fee disclosure here).
For a limited time, opening and funding an Active Invest account gives you the opportunity to get up to $1,000 in the stock of your choice.
FAQ
How much capital is needed to start?
There isn’t a limit to how much capital needed to invest in private companies, but to be an accredited investor, there are income and net worth limits that may apply.
What are the time commitments and expectations?
There are no hard and fast time commitments or expectations of private investors, in a general sense. But that may differ on a case by case basis, especially if an investor takes a broader role with managing a company they’re investing in.
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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.
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Inside: Looking for delicious, budget-friendly meals? Look no further! This guide has 100+ delicious and frugal recipes that will help you stick to your food budget.
When it comes to keeping your grocery budget in check, meal planning is a powerful tool. It can simplify your life, save you precious time, and stretch your dollars further.
You don’t always need pricey ingredients to whip up something delicious. Creating frugal meals doesn’t mean you have to compromise on flavor.
Sometimes, a frugal meal could mean something cheaper but equally, if not more, delicious than takeout! The key to this art is using simple, inexpensive ingredients, being creative in their application, and not shying away from condiments, herbs, and spices that can elevate your dish.
Remember, eating frugally is not just cost-effective but also simple and stress-free, utilizing common kitchen staples, and easy-to-locate items.
Join me on my mission to make frugal meals that are adored by my family and my thrifty self appreciates.
Frugal Breakfast Ideas:
A frugal breakfast should not equate to boring. Here are a few ways to start your day off right without stressing your wallet:
Waffles/Pancakes: These could be made with basic ingredients like flour, eggs, and baking powder. Top with peanut butter or dust of cinnamon sugar for extra flavor!
Eggs: Cooked to your preference, be it fried, boiled, or scrambled, they are not only easy on the pocket but also a rich source of protein.
Oatmeal: Buy oats in bulk and pair them with over-ripe bananas, pumpkin butter, or a sprinkle of brown sugar. It’s a hearty and filling for just about anyone.
Muffins: Basic muffin ingredients include flour, eggs, and baking powder. For an element of surprise, add in nuts, blueberries, or mashed bananas.
French Toast: With eggs, cinnamon, and loaves of French bread, you can whip up a scrumptious breakfast.
Homemade Bread/Toast: If you’re up to the task, making your own bread could be a money-saving option. This is something I do with sourdough bread. Pair the fresh bread with either sweet or savory toppings.
Omelets: Eggs are a cheap source of protein. Whip up an omelet and serve it with your choice of inexpensive veggies.
Homemade Biscuits: Biscuits are a great addition to any frugal breakfast, with just “milk” and flour ingredients. Pair them with a little meat or enjoy them in butter. Just like my great Aunt Marie made at the ranch.
Choose Spice for Breakfast: This recipe for Mexican baked eggs uses budget friendly canned beans and eggs as a protein source. It’s super simple to make in less than 30 minutes, with eggs baked in a smoky, spicy tomato sauce with black beans, poblanos, and corn. Serve with plenty of corn tortillas for a super satisfying meal.
Frugal Lunch Ideas:
Lunch should be something to look forward to, even if you’re on a tight budget. Here are frugal lunch ideas that keep your tummy and your wallet happy.
Salad: A salad is an excellent choice for a frugal lunch, it’s both cost-effective and healthy. Based on what’s available in your fridge, you can combine different vegetables, proteins, and dressings to create a filling and tasty meal every day.
Sandwiches: The humble sandwich can be as frugal or as lavish as you like. Tuna, grilled cheese, peanut butter, and jelly, ham… you name it, sandwiches offer a great variety.
Homemade Soup: Consider creamy potato soup, creamy vegetable soup, or even curried cauliflower soup. They can be light yet fulfilling, and the ingredients are reasonably priced.
Toast Pizza: Save money by using toast as your pizza base, add what you have in the fridge, top it off with cheese, and cook it under the grill or in the oven.
Baked Potatoes: A toasty baked potato with butter is a delightful, inexpensive lunch. Top it up with fillings such as cheese or broccoli.
Remember, lunch doesn’t have to be expensive to be delicious! Use what you have at home for a more sustainable, economical, and satisfying meal.
Frugal Dinner Ideas:
Dinner is the time when families come together, share their day, and unite over food. There’s a common misconception that frugal foods are bland and monotonous. However, you don’t have to spend a fortune to make dinner delicious and satisfying.
Spaghetti: Who knew that the ultimate comfort food could be so cheap? Combine spaghetti with homemade tomato sauce or cheese, add your favorite seasonings, and voila! You have a delicious meal.
Baked potatoes: Fully customizable and super simple to be a dinner game-changer. Top them with cheese, sour cream, or any other leftovers like chili!
Stir Fry: This is a perfect way to use up any veggies you have. Throw in some meat if you have it, cook with rice and tasty sauce, and your stir fry is ready!
Tacos: Pick up tortillas, get ground beef, or use dried beans, lettuce, and salsa, and there you have your Taco night. You can also swap out the beef for beans, and it’ll still taste delightful.
Breakfast for Dinner: Who said breakfast foods are only for mornings? Whip up scrambled eggs, toast, or pancakes, and enjoy a breakfast-style dinner!
Creating a delicious, nutritious, and frugal dinner can be easier than you might think. It’s all about making the most out of the resources you have, every day.
Recipe Breakdown : Variety Of Frugal Meals
Satisfying Soup & Salad Recipes on a Shoestring
When it comes to frugality, nothing beats the soup and salad combination. These meals are not only hearty and satisfying but also easy on your wallet. With just a few ingredients, these recipes will bring variety and nutrition to your kitchen without putting a strain on your wallet.
Here are a few of our favorite frugal soup and salad recipes:
The Best Chicken Soup Recipe: Simplicity meets flavor without breaking the bank. Utilizing affordable ingredients and leftover chicken, this soup is a testament to how economical choices can still yield rich, comforting results.
Cauliflower and Bacon Soup:
Instant Pot Three Sisters Soup: A blend of corn, beans, and squash.
Root Vegetable Soup: Healthy, comforting, and made with only a few simple and inexpensive ingredients! It’s prepared with veggies like carrots, parsnips, rutabaga, and potatoes simmered in a savory broth.
Healthy Roast Pumpkin and Sweet Potato Soup: Winter favorite loaded with nutrients.
Instant Pot Cabbage Roll Soup: Comfort food at its best.
Smoky Black Bean Soup: Protein packed, tasty, and hearty.
Hearty Lentil Soup: Healthy and will keep you warm during the winter! It’s made with only a few ingredients and requires no special equipment. This soup is made with lentils, veggies, and spices simmered in a savory tomato broth.
Vegan Coconut Curry Lentil Soup: Exotic, aromatic, and down-right delicious.
Instant Pot Split Pea Soup Recipe: Classic soup, ready in no time.
Vegetable Barley Soup: With protein-rich chickpeas, cabbage, potatoes, and the twist of curry spices, this soup is easy, comforting, and delicious!
The Very Best Ham And Potato Soup With Peas: Savory, delicious and economical.
Cheap and Easy Hamburger Soup: Mouthwatering and super easy to prepare.
Creamy Vegetarian Potato Soup: Originally named 45-Cent Potato Soup because that was how much it cost per serving over a decade ago! The cost has increased a bit but this hearty potato soup is still a keeper. Creamy potato soup with veggies and milk – thick, velvety, and hearty. It’s on constant rotation at our house!
Moreover, when it comes to salads, using seasonal produce, beans, or leftover veggies can be an affordable way to create nutritious meals. Add chicken, tuna, or boiled eggs for protein, or keep it simple with fresh greens and a homemade dressing.
Remember, a frugal lifestyle does not mean you have to compromise on taste or variety. It’s about being creative with what you have!
Cut Costs with these Cheap ‘n Cheerful Chicken Recipes
Dinner necessity is the mother of so many amazing chicken dinners! Plus it is an excellent protein option that can be inexpensive, especially if you seize sales or buy in bulk.
Maple Chicken & Potato Supper: This recipe turns an affordable cut of chicken and two types of potatoes into a family favorite.
One-Pot Chicken and Potatoes: Chicken thighs are cheap, add in potatoes, onions, and carrots for a hearty comfort meal.
Leftover Chicken Curry and Vegetables: Lots of recipes use leftover chicken or turkey. But this “All the Leftovers” Chicken Curry also uses your leftover vegetables. Clean out your refrigerator today!
Instant Pot Chicken Tortilla Soup: A quick, deliciously rich, and slightly spicy meal made up of chicken, black beans, and stewed tomatoes.
Crockpot Chicken Tacos: With just 3 ingredients and 5 minutes of prep, this is a lifesaver for busy nights.
Chicken Curry and Quinoa: Simple, tasty, and feels like a treat without the expense.
One Pan Baked Chicken Thigh Recipe with Green Beans and Red Potatoes: This recipe is easy and inexpensive when you grab the chicken thighs on sale! It is easy to prepare, a healthier option and a family favorite!
Cheesy Chicken Quesadillas: A perfect, weeknight meal.
Slow Cooker Chicken Thighs with Potatoes and Carrots: A value for money meal with chicken thighs – one of the cheapest chicken cuts.
One-Pan Chicken Legs with Chickpeas and Quinoa: A wholesome, naturally sweet dish with a few spices.
Easy Cheesy Chicken Taco Spaghetti: Made with pantry staples, this comforting dinner recipe is frugal and filling. Full of pasta, creamy sauce, and canned chicken, your family will be asking for seconds!
Chicken Fried Rice: Uses leftovers efficiently, add veggies, and you have a meal.
Easy Pizza Chicken Recipe: A low carb and high protein meal, especially when you use ordinary cheddar.
Remember, maximizing flavor in cheap chicken recipes often relies on using good quality, inexpensive ingredients, and cooking techniques like slow cooking or sautéing. Happy cooking!
Beautiful Beef Dishes that Benefit Your Wallet
When trying to maintain a frugal lifestyle, using affordable cuts of beef like ground beef, shin, or skirt steak can yield mouth-watering meals that don’t bust the budget. Here are a few beef recipes that are both economical and satisfying:
Ground Beef Stroganoff: A classic comfort food that is simple, quick, and incredibly hearty.
Poor Man’s Stew: An excellent choice for a filling, cheap, and tasty meal for a whole family.
Simple Hamburger Hotdish: This simple hamburger hotdish (casserole) makes delicious use of affordable and easy-to-find ingredients like ground beef, pasta, and tomato sauce. This is a great meal idea to feed a family.
Beef Skillet Nachos: Layer chips, ground beef, and cheese in a skillet for an easy, cost-effective meal.
Homemade Beef and Noodles: An economical-friendly classic that can serve a good number of people.
Tortellini Bake: This 4 ingredient Tortellini Bake uses common ingredients like ground beef and marinara sauce to make a satisfying and hearty meal for families!
Cheesy Ground Beef and Rice Casserole: Across the realms of deliciousness and frugality, this casserole rings the bell.
Beef and Tomato Macaroni Soup: Combining the wholesome elements of beef, macaroni, and tomatoes provides a satiating meal at an affordable cost.
Beef and Vegetable Stir Fry: Brimming with colorful vegetables and protein-rich beef, this dish is a delight to both the stomach and the wallet.
Taco Skillet: It’s the taste of tacos in a convenient and cost-friendly rice skillet.
Classic Stuffed Peppers: Filled with a mixture of ground beef, rice, and a zesty sauce, it’s a comfort meal that’s easy on the pocket.
Sesame-Ginger Beef: This dinner calls for an inexpensive cut of meat.
By creatively utilizing budget cuts and leftovers, you can create economical, hearty, and tasty beef dishes for yourself and your family, fostering a love for cooking while sticking to a money plan.
Money-saving Meatless Meal Marvels
When it comes to cost-saving, meatless or vegetarian dishes are a winner. Not only are they usually cost-effective, but they’re also often packed with nutrients. Here are meatless recipes that are sure to delight your taste buds, without denting your wallet:
Quinoa Edamame Salad with Peanut Sauce: Use cabbage and edamame to make a balanced lunch. The peanut sauce is flavor-packed and uses pantry staples, and the quinoa is easy to swap with rice or pasta.
Vegan Lentil Curry: Packed with nutrition, this dish makes an inexpensive, protein-rich meal.
Jamaican Rice and Peas: Economical rice and beans doesn’t need to be boring. Jamaican rice and peas are easy to make in the slow cooker. This flavorful, easy recipe brings delicious Caribbean flavor to any meal as a side dish or a complete meal on its own.
Spinach Lasagna Roll-Ups: Proof that vegetarian dinners can be delightfully hearty, this twist on classic lasagna is a crowd-pleaser.
Bean, Tomato, and Spinach Stew: A hearty and richly flavored dish that is low cost and satisfying.
Vegan Texas Tamale Pie: Great down-home, budget-friendly meal is perfect to whip up when you need something hearty, healthy, and filling to serve to your hungry family or friends in under an hour. Prepared with basic canned ingredients you might keep in your cupboard, this simple recipe can be easily adjusted to suit your tastes with the groceries you have on hand.
Stuffed Bell Peppers: Fill peppers with a delicious mixture of quinoa, black beans, tomatoes, and spices.
Eggplant Parmesan: Classic Italian dish, easy to make, and delicious to eat.
Pasta e Fagioli aka Pasta and Beans: Feed your family for pennies a bowl with pasta e fagioli. Cucina povera Italian food is the food of peasants, but it is so delicious! Only three inexpensive ingredients are needed to make this quick and easy, nutritious, one pot weeknight meal.
Potato & Zucchini Frittata: Use up your leftover veggies and whip up a quick frittata for dinner.
Tomato Basil Soup with Grilled Cheese: A classic that’s both inexpensive and palate-pleasing.
Vegetarian Stir-Fry: A colorful medley of veggies stir-fried in a savory sauce served over rice.
Spaghetti aglio e olio: This spaghetti aglio olio (with garlic and olive oil) is probably one of the most popular classic Italian pasta recipes and yet it’s so simple, budget friendly and super easy to make!
Butternut Squash Risotto: This dish, while sounding fancy, is frugal and straightforward to make.
Vegan Spaghetti Bolognese: This is a rich, hearty, and flavorful dish that’s lighter on the wallet than traditional bolognese.
Crispy Pan Fried Gnocchi: A simple and quick & inexpensive recipe to make in only 20 minutes for an easy weeknight meal. Crispy gnocchi coated in a light sauce made with garlic, herbs, butter and parmesan.
Implementing meatless meals can significantly cut down on grocery bills, with the added bonus of being healthier and environmentally friendly.
So why not give these recipes a try for your next frugal feast?
Luscious Low-Budget Lunch Ideas
The midday meal can often be overlooked when planning budget-friendly meals. Don’t let lunch blow your allowance! Here are a few low-cost, lip-smacking lunch ideas:
Bean Burritos: Beans and cheese wrapped in a tortilla can be quite satisfying and light on the pocket too.
Tuna Salad Sandwiches: A classic frugal lunch option that’s rich in protein.
Egg Salad Wraps: Egg salad in a wrap is a fulfilling lunch that’s economical.
Homemade Hummus and Veggies: Prepare hummus at home and pair it with fresh veggies for a light and inexpensive lunch.
Mixed Bean Salad: Beans are a powerhouse of nutrition and offer a low-cost lunch option. Mix different beans and dress them up with herbs and spices for a flavorful lunch.
Veggie and Cheese Stuffed Potatoes: A cheesy baked potato with veggies is filling and affordable.
PB&J: Peanut butter and jelly never go out of style and are a great low-cost lunch option.
Tuna Tomato Pasta: Tuna tomato pasta is a delicious healthy and easy recipe that only takes 20 minutes to make. With just a few basic ingredients it’s budget friendly too!
Falafel Wraps: Homemade falafel is quite reasonable and can be wrapped up with pita and fresh veggies for a satisfying meal.
Pasta Salad: Cold pasta salad with veggies is a cheap and filling lunch idea.
Vegetable Fried Rice: Leftover rice, mixed with whatever veggies you have on hand, makes for a delectable and affordable lunch.
When your lunch is as tasty as it is affordable, you’re winning at the game of frugality. Enjoy these luscious lunch ideas without breaking the bank!
Delightful Dinner Recipes That Don’t Dig A Hole In Your Pocket
Dinner is the meal you eagerly look forward to after a long day. Unfortunately, it can also be the priciest meal of the day. But it doesn’t have to be! Here are delightful, cost-effective dinner recipes:
Sloppy Joe Pasta: A homemade mix of pantry staples for a mouth-wateringly filling, budget-friendly twist on the classic Sloppy Joe.
Easy Chilaquiles: Fresh made tortilla chips smothered in homemade salsa, chilaquiles are the best way to make a flavor-packed meal on a budget!
Cottage Pie: Make a delicious cottage pie in the instant pot pressure cooker from scratch. Ideal for using up leftovers and easy to make!
Chicken Pot Pie: Homemade and padded out with cheap, seasonal veggies, it’s a classic favorite, perfect for a weeknight dinner.
Mince & Potato Stew: Heartwarming, flavorful dish that’s easy to make and easier on the pocket.
Linguine with Clam Sauce: Using canned or jarred clams, this linguine dish is made from simple pantry ingredients that won’t break the bank. Dive into a dinner of delicious choice for yumminess.
One Pot Sausage, White Beans, and Kale: It combines flavorful sausage, rich canned tomatoes, white beans, fresh kale, and a few herbs and spices – a cupboard-friendly, inexpensive dinner option.
Tacos: They’re versatile, they’re delicious, and most importantly, they’re cheap.
Potato and Salmon Fish Cakes: Canned salmon and potatoes create a delicious, inexpensive dinner the family will love. They are super easy to make and you can freeze them, too. Even those who dislike salmon enjoy these fish cakes!
Asian-Style Chicken Noodles: This recipe uses leftover chicken and packs a lot of flavors without a lot of cost.
Pasta Arrabbiata: This inexpensive pasta dish is full of garlic, tomatoes, and spicy red pepper flakes. Simple, yet incredibly delicious.
Garlicky Spinach and White Bean Pasta: This recipe is packed with flavor thanks to a surprise, budget-friendly ingredient – tinned anchovies! Simply toss cooked pasta with spinach, white beans, and a garlicky anchovy sauce. It’s easy to throw together for a satisfying weeknight dinner.
Egg Fried Rice: It’s a quick, healthy meal that anyone can cook.
Leftover Pasta Bake: Don’t waste food! Turn your leftovers into a treat with our leftover pasta bake!
Vegetable Stir Fry with Noodles: A quick, healthy dinner full of veggies and flavor.
Low-cost does not mean low taste. These dinner recipes prove just that. So get cooking and start saving!
Put it in Pot and Forget It – Cheap and Easy Crockpot Creations
Using a crockpot or slow cooker can be a real lifesaver for busy individuals or families. Not only does it save time but it’s also a great way to save money by making inexpensive cuts of meat tender and flavorful.
Slow Cooker Sausage and Peppers: Slowly simmered in marinara sauce for a frugal dinner that’s hard to beat! Just serve over pasta or polenta for an easy dinner. Plus, the leftovers are just as delicious for lunches.
Crockpot Beef and Broccoli: The economical version of your favorite takeout dish.
Slow Cooker Black Bean Soup: Inexpensive, full of flavor, and so hearty!
Creamy Crockpot Chicken: Warm shredded chicken and gravy in your slow cooker for the win.
Crockpot Baked Beans: Cheaper and healthier than store-bought!
Crockpot BBQ Chicken: Sweet, tangy, and made with a handful of pantry staples.
Crockpot Lentil Soup: Super hearty, packed with nutrients, and so easy to whip up!
Slow Cooker Pot Roast: The easiest one pot meal and is an instant win for family dinner! Plus, it’s budget-friendly! Easy to prepare for weeknight meals or special occasions alike, this easy pot roast recipe is always a crowd-pleaser!
Slow Cooker Salsa Chicken: Just two ingredients are required for this super versatile recipe.
Crockpot Vegetable Beef Soup: Healthy, hearty, and incredibly easy to make.
Chicken Paprikas Recipe: Use chicken thighs and cauliflower which make it a super frugal meal. If you prefer you can serve it over rice instead of the cauliflower but even her kids agree that the cauliflower version is delicious.
Slow Cooker Mac and Cheese: Yes, even mac and cheese can be done in a crockpot! Even better try this Broccoli Mac Kielbasa Casserole.
Crockpot Ham and Bean Soup: This recipe uses inexpensive and filling beans and veggies, perfect for when you’ve leftover ham.
Slow Cooker Vegan Chili: A vegan twist on this classic comfort food for those chilly days ahead makes for a healthy dinner packed with nutrients brimming with flavor!
Each of these meals will serve you without making a significant dent in your grocery budget. Enjoy the convenience and frugality that slow cooking brings!
Make It Snappy With Instant Pot Recipes
The Instant Pot is a versatile kitchen appliance that’s excellent for fast, delicious meals when you’re on a budget.
Instant Pot Ground Beef Enchilada Pasta: This easy dish combines a few affordable ingredients into a hearty meal that your family will love.
BBQ Beans Instant Pot Recipe: A frugal recipe that’s great as a main dish or a filler for burritos.
Easy Pizza Potatoes in the Instant Pot: A simple pairing of pizza flavors and potatoes for a wallet-friendly dish.
Air Fryer Pita Bread Pizza: Only 5 minutes and a handful of low-cost ingredients to a delicious DIY pizza.
Sweet Potato, Lentil and Chickpea Curry: This vegan instant pot recipe is full of flavor, super hearty and delicious, and extremely reasonable to make.
Mushroom Masala- Mushroom Curry: An exotic and easy-to-prepare mushroom curry that satisfies without stretching the dollars.
Chicken and Sausage Paella in the Instant Pot: Cut down cost by using sausage and chicken thighs for this easy, savory dish.
Instant Pot Tuna Casserole: Comfort on the cheap, using pantry staples.
Fast and Easy Instant Pot Chicken and Rice: Made using basic pantry staples and suitable for both adult and kid taste buds.
These Instant Pot ideas are not only quick and easy to prepare but also budget-friendly. They’re proof that frugal doesn’t mean boring!
Handy Kitchen Tools for Budget-Savvy Cooking
When it comes to frugal cooking, your kitchen gadgets can be your best companions. These tools can save you both time and produce restaurant-quality dishes at home for a fraction of the cost.
Many are the same as frugal home must haves!
Only rely on tools that you use regularly in order to maximize their cost. So, equip your kitchen with these practical, cost-effective tools, and enjoy a more manageable culinary journey.
FAQs: Navigate Your Approach to Cost-Efficient Eats
Eating lunch at work doesn’t have to mean spending a fortune, following these tricks can save you a lot of money:
Meal prep: Plan your meals ahead of time. Invest in a few hours during the weekend or your day off to cook large amounts and portion them out for the week ahead.
Leftovers Are Your Best Friend: Make a bit extra while cooking dinner, and voila, you’ve got lunch for the next day. A yummy, cheap, no-fuss, and no-waste solution!
Pack Your Own Snacks: Trade small shop-bought packs of snacks for a large bag or bulk-buy from a wholesale store. Divide them into small reusable containers for your daily hunger itch.
Invest in a Flask: A good quality thermos flask can keep your homemade soup or stew warm until lunchtime and it’s a lot cheaper than buying soup from a cafe.
Remember, the key is not to take complicated dinners which takes a lot of time. Rather, simple sandwiches, yogurt with fruits, homemade soup even boiled eggs can make great inexpensive lunch options. Planning ahead is key when you’re trying to eat on a budget.
There are several cheap meals you can whip up using budget-friendly ingredients. The absolute cheapest would depend on what you already have on hand in your pantry or the cost of ingredients in your locality.
Rice & Beans: This is a universally cheap and filling meal that can be flavored with some stock, onions, and spices.
Pasta with Tomato Sauce: This is a popular choice when it comes to cheap ideas. All it takes is a rigatoni of your choice, a basic tomato sauce made from canned tomatoes, garlic, and herbs.
Cereal & Milk: A bowl of generic brand cereal and milk is an incredibly cheap meal. It lacks in terms of proteins and fats, but it can be a good quick fix.
Eggs on Toast: Eggs and bread are both cheap elements. Whip up scrambled eggs or make a simple boiled egg sandwich.
Potato Soup: One of the cheapest vegetables around, and they make a filling, simple potato soup.
Homemade Pizza: Using basic homemade dough and simple tomato sauce, you can add anything you have on hand to make a delicious pizza.
Remember, the cheapest dinners typically use basic pantry staples. By having a well-stocked pantry, you’ll be able to whip up a variety of low-cost dinner ideas.
A frugal meal doesn’t equate to scanty or tasteless. Here’s what defines a frugal meal:
Inexpensive Ingredients: Frugal meals predominantly use cheaper ingredients. Find plenty of cheap foods when broke (and you don’t need to be broke).
Fewer Ingredients: Meals with minimal ingredients are typically more economical. They aren’t stuffed with fancy extras, but they make up for it in hearty flavor.
Uses Pantry Staples: Rely on pantry staples like rice, dried pasta, canned goods, and dry baking ingredients.
Repurposes Leftovers: Instead of wasting ingredients incorporate leftovers in innovative ways.
Meal Prep and Batch Cooking: Cooking in bulk and freezing dinners for later can be a massive money saver, reducing waste and reducing the number of ingredients needed overall.
Limited Meat or Vegetarian: As meat is typically one of the more expensive ingredients, frugal cooking is often vegetarian or uses meat sparingly.
While frugal meals won’t always hit all these factors, if they contain a few of these aspects, you can be assured they will provide a cost-effective dining experience. A frugal meal strives to offer nutritional balance, satisfying taste, and minimal impact on your wallet.
Perfecting the Art of Frugal Cooking
Preparing budget-friendly cooking not only saves money but also reduces food waste and can create a warm, comfortable home. This is how to be frugal with food. Here are some expert tips to get you rolling:
Plan Your Meal Calendar: Plan out your menu for the week, keeping in mind what ingredients you already have.
Shop Smart: Shop for groceries with a list in hand so you don’t end up buying unnecessary items. Look out for sales, and discounts, and try to shop in bulk.
Utilize Leftovers: Don’t throw away leftovers. Repurpose them into a new meal or use them as an ingredient in another dish.
Use More Vegetables and Grains: Vegetables and grains are generally cheaper than meat and can be used to bulk out dinners.
Freeze Extras: If you cook in bulk, freeze the extra portions for a later date. This can act as a lifesaver during busy periods.
Use Cheap Cuts of Meat: Cheap cuts, such as chicken thighs, can be just as delicious as expensive ones, especially when slow-cooked.
Cook from Scratch: Convenience foods often cost a lot more than the sum of their parts.
Grow Your Own: If you have a garden, consider growing your own vegetables and herbs.
Reduce Waste: Get creative in the kitchen and use parts of food that you’d otherwise throw away.
Remember, with a bit of planning and creativity, you can prepare delicious, healthful meals without breaking the bank! It’s all about making smart choices.
Which Filling Cheap Meals are You Going to Try?
Embarking on these frugal meals can help stretch the budget while still enjoying a variety of flavorful and satisfying dishes.
Whether you are budgeting on a low income or just want to stretch your dollar further with going teens, we have given you plenty of options to eat well and healthy.
Many on this list are my personal favorites. This is how we stay on our grocery budget.
The biggest step is learning how to meal plan and stick to the menu! Now, off to move frugal living tips to save money!
Know someone else that needs this, too? Then, please share!!
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You don’t need a Hollywood star to enjoy the splendor of the City of Angels. Palm-lined sidewalks, scenic beaches and killer Mexican food are just some of the reasons why Los Angeles is Southern California’s most flocked-to metropolis.
While living in La La Land will cost you 51.9 percent more than the national average, roughly 4 million people living in this desert oasis make it work — and so can you.
If you’ve decided Los Angeles is the place for you, check out how the cost of living really breaks down in this high-demand hometown. Take a look at the community and economic research in these categories:
Los Angeles housing prices
Rent in Los Angeles is considerably higher compared with the national average. In fact, it’s 134 percent above it. This aligns with the current standard in many other major cities like Washington, D.C., and Boston, but doesn’t even come close to the higher prices in San Francisco and Honolulu.
Housing expenses in L.A. are so high that you can expect to pay around $2,807 each month for a one-bedroom apartment and $3,845 for a two-bed. What’s more, both of these monthly costs are up over last year by 6 percent and 5 percent, respectively.
Making housing costs even more challenging, nearby cities don’t often cut you a break, either. Places like Santa Monica, Venice and Hollywood all have higher one-bedroom rents. The typical one-bed rent in Santa Monica is actually $1,000 more than in Los Angeles.
The Los Angeles cost for homes also tells an expensive story. The median sales price in L.A. is at $955,000, up 3.2 percent over last year. The real estate market also continues to stay pretty competitive, too. Most homes are only listed for about a month before selling.
Which neighborhood is right for you?
Among the high-end living, there are hidden gems in Los Angeles, with an average price for rent that’s a little more affordable.
First, avoid some of the city’s most expensive neighborhoods. These are where the cost of living in Los Angeles is highest. Estimated monthly costs for housing put Playa Vista and Brentwood at the top. Here, one-bedroom rents average out to over $4,000.
In other areas like the Hollywood Hills, Westlake and Koreatown, rent runs closer to the city’s average. One-bedrooms across these three neighborhoods averages between $2,510 and $2,800.
It’s also possible to find inexpensive apartments in Los Angeles, underneath the living index you’d expect to pay. In areas like Greater Wilshire and Crenshaw, one-bedroom apartments average less than $2,000. Both communities are also seeing a decrease in rents over last year.
Los Angeles food prices
You can’t talk about eating in Los Angeles without acknowledging the state has its own signature fare. L.A. restaurants embody the traits of California Cuisine. This means a lot of fresh produce, seafood and leaner cuts of meat. It also means most restaurants cost a bit more money. Living in Los Angeles can make for an expensive night out when it comes to eating. Though you can find a deal at an inexpensive restaurant (where the average meal for a single person is $16.50), a three-course meal for two at a mid-range establishment averages $90.
When it comes to groceries, expenses are 13.7 percent above the national average. This is about a 1 percent increase over last year for food expenses. Based on whether you prefer a higher-end grocery store, most items on your list should only be a little more than average.
Basic groceries like a load of bread or a half gallon of milk have average costs of $3.99 and $2.56 respectively, which are pretty close to the price throughout California.
Los Angeles utility prices
Los Angeles apartments rarely include utilities. This is similar to many rentals in big cities around the country. It means housing is always more than what you expect to pay in monthly rent.
Utilities can include a variety of expenses — electricity, gas, water, trash and even internet. All combined, Los Angeles utilities run 9.9 percent higher than the national average.
What keeps this number slightly above the average is the summer. Warmish weather year-round means heating bills are never high but come summertime, expect to keep your air conditioning blasting. Some parts of L.A. reach up to 120 degrees Fahrenheit at the peak of the hot season.
With these particular utility needs, expect to pay about $207.75 per month on total energy costs.
Los Angeles transportation prices
We can’t talk about L.A. without mentioning one crucial detail: its infamous traffic. It feels like people commute to their job all day long, or are always in a rush to get somewhere. Freeways seem perpetually congested.
Overall, transportation expenses in Los Angeles, CA, are 26 percent above the national average. This is consistent with other cities about the same size and includes maintenance costs and gas.
If you do decide to drive your way around the city, a FasTrack pass is your ideal traffic cheat. This pass gives you access to a special express lane on certain highways, potentially shaving time off your drive. The transponder itself costs $40, but you can put that toward your tolls once you set everything up. After that, there’s a $1 monthly fee in addition to what you put into your account to cover tolls.
In addition to paying to drive, you also have to pay to park. Rates for metered parking areas vary between neighborhood — they’re set anywhere between 50 cents to $6 per hour, depending on the location.
Public transportation expenses
Unfortunately, Los Angeles isn’t exactly known for its stellar public transit system, however, it’s certainly possible to get around using the Metro, a network of buses and trains.
On both the bus and the train, a one-way trip costs $1.75. You can also purchase a one-day pass for $3.50 and a seven-day pass for $12.50. Monthly passes, good for 30 days, have a price of $50.
If this works for you, you can save a lot on transportation costs, not to mention the time you’d have to sit in traffic otherwise.
Living the L.A. life on foot
Los Angeles isn’t the best city for walking — its walk score is 79. You’ll find pockets of highly walkable streets and neighborhoods, but overall, walking from Point A to Point B isn’t always easy.
Until recently, biking wasn’t a great option, either. Recent initiatives include putting bike paths on more city streets and offering a bike share program through the Metro. The cost is $1.75 per 30 minutes, but day and monthly passes are also available and only incur extra charges if your ride lasts for more than 30 minutes. L.A.’s current bike score comes in at 65.
Los Angeles healthcare prices
From routine check-ups to unforeseen trips to urgent care, healthcare costs are bound to pop up intermittently. Luckily, you’re in good hands in Los Angeles.
Healthcare costs in L.A. are only slightly higher than the national average at 15 percent above. This is an increase of about 5 percent over the previous year.
Healthcare expenses in Los Angeles without insurance average out to:
$130 to see a doctor
$127.20 to see a dentist
$131.60 to see an eye doctor
Depending on your insurance coverage, and how often you find yourself in a doctor’s waiting room, healthcare will impact your cost of living differently each year.
Los Angeles goods and services prices
Angelenos love staying active, whether that means hiking the surrounding hills, running, cycling or trying out a calming yoga class on the beach. However, this is only one area of all the cost of living elements that create your goods and services category. Everything you like to do, but could live without, fit in here.
What’s good about this particular piece of the cost of living in Los Angeles, is that it’s all optional. If one month the cost of a movie ticket edges your budget into the red you can skip it.
Overall, prices in this category are 15.2 percent above the national average, and the best way to evaluate what you can and can’t do is to look at the individual price of your favorite activities.
For example, if you’re the type of person who likes to see a movie every week, it’s good to know a ticket costs around $17.89. If yoga is your thing, a single class can set you back $21.33. If grabbing a pizza with friends is your ideal night on the town, it’s best to know the average cost for a pie is $12.99.
Taxes in Los Angeles
The cost of living in Los Angeles is greatly affected by taxes. In California, the state sales tax is 7.25 percent. However, localities can add to that total, which can vary your cost of living a lot. In L.A., the sales tax rate is 9.5 percent, but this is only in the city itself. Though some neighboring places still feel like L.A., they can have a completely different sales tax.
This means when you’re out at The Grove and you spend $1,000, you’ll pay $95 in taxes.
The state also has a progressive income tax, where you pay anywhere from 1 to 13.3 percent based on your salary.
How much do I need to earn to live in Los Angeles?
Experts recommend that renters spend around 30 percent of their salary on rent. That means, to afford an average one-bed priced at $2,835 your annual income should come in at or over $113,400.
With the median salary in L.A. of only $65,290, it’s in the best interest of most of those living in Los Angeles, CA, to find apartments or home prices that sit well below average. Luckily, the city provides, and many thrive while having a job that doesn’t yield such a high average salary.
To really see how salary numbers impact the Los Angeles cost of living, use our rent calculator to discover how you can make your budget work in the City of Angels.
Living in Los Angeles
Though the city is famous for its glitz and glam, you don’t need to call yourself a millionaire to live well in this world-renowned place. Although the price is higher than in most around the country, you can find your niche. And, once you do, you’ll have all the benefits of sunny skies, pristine natural parks and a culture unlike any other in enjoy.
The Cost of Living Index comes from coli.org.
The rent information included in this summary is based on a calculation of multifamily rental property inventory on Rent. as of August 2022.
Rent prices are for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.
Inside: Looking for the perfect graduation gift? Check out our selection of clever ways to give money. These graduation money gift ideas are fun ways to celebrate.
Graduations signify transitions from one chapter of life to a new groundbreaking journey. This major milestone should be marked with a special gift.
In various cultures, gifting money presents the ultimate creativity, coupled with practicality. It expresses your wishes for the graduate’s prosperity and financial independence.
We have the best graduation money gift ideas just for you.
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.
Why choose money gifts for graduates?
Graduates are on the brink of venturing into new territories, whether it’s furthering education, taking a gap year, investing in big-ticket items, or moving to kickstart a career. These steps often come along with substantial financial burdens.
A money gift, therefore, becomes a thoughtful and practical gesture.
A survey by the National Retail Federation recorded cash to be the most popular graduation gift, given by 55 percent of participants. In addition, 43% give greeting cards (often with cash inside), followed by gift cards at 32%, apparel at 14%, and electronics at 10%. 1
Hence, money gifts are not just loved by grads but also cherished by friends and family, making them a comprehensive gifting solution.
Fun and Creative Money Gifts for Graduates
Money Lei
Creating a money lei as a gift for a graduate is a fun and creative way to give cash. To make the lei, start by folding one-dollar bills in a fan shape, then thread them onto a necklace made of string or yarn.
You can add ribbons, faux flowers, or even banknotes of higher denominations to make it even more special. Learn how to make a money lei from this mom.
Money Chain
A fun and inventive way to present cash as a graduation gift is to create a paper chain out of dollar bills. This concept not only represents an inventive method to gift money, but it also adds a decorative touch to the graduate’s celebration.
You can assemble the chain using dollar bills and a stapler, turning it into a creative money necklace. To make it even more special, include a rosette made out of a larger denomination bill like $20 or $50 with the inscription “Congratulations Grad!”
Get detailed instructions on making a money chain.
DIY Graduation Money Cake
Graduations warrant celebration with a cake. How about centering the stage with a splendid DIY graduation money cake? It’s not just a delicious mouthful but also a delightful sight!
This visually humorous and surprisingly straightforward project involves rolling your dollar bills in a circular shape to resemble cake layers. Topped with a mini graduation hat and a congratulatory note, it’s sure to bring smiles for its sheer creativity and attractive bounty.
Better than a diaper cake, and perhaps more loved than a real cake, a money cake makes a clever centerpiece and a graduation gift. Use our inventive DIY money cake ideas to draw inspiration from to build a money masterpiece. Add a personal touch by incorporating your graduate’s favorite colors, stickers, or little decorative items that reflect their personality or interests.
Adding a creative twist to your monetary gift can make it even more memorable too. Spiraling money into a puzzle box, the recipient must solve the puzzle to claim their cash – this adds an element of excitement and challenge. You can choose a puzzle that suits the graduate’s interest, making this fun idea even more personal and thoughtful.
Secret compartments that hold hidden treasure. The recipient must learn how to crack the puzzle to open the secret box.
Graduation Cap Mason Jar with Money Diplomas
This graduation money jar by Must Have Mom not only serves as an impressive cash gift but, courtesy of the graduation cap, neatly doubles as a party decoration too. Handmade with love, filled with cash, and resonating with the graduation spirit – what’s not to like?
Fill the Mason jar with rolled-up bills, each ingeniously crafted to resemble mini diplomas. Secure these ‘diplomas’ with bright ribbons for color pop. Add some coins to represent the small steps it took to achieve this big milestone. Top it up with a mini graduation cap, which you can easily craft with black cardstock and an adorable tassel.
And the best part? It might even inspire your graduate to save!
Pizza Box Filled with Cash
Who doesn’t love pizza? Break up the monotonous way of handing over cash in a dull envelope by presenting it in a faux pizza box. Yes – you read that right! The pizza box filled with cash is an ingenious idea that adds a mix of humor, surprise, and cash!
Craft a pizza out of money bills, each piece folded and clipped like a pizza slice. Etsy and Simplistically Living suggest adding red paper circles with quarters on top for that real pepperoni look.
Learn how to make a pizza is the dough gift.
Graduation Money Box Gift Pull
The graduation money box gift pull bears a unique resemblance to a Kleenex box, offering a creative way to gift money to graduates.
This fun and interactive gift involves attaching money bills end-to-end using transparent tape and then neatly rolling them into a tissue box such that the top bill resembles a tissue ready to be pulled. Decorate the box to give it a celebratory touch, and as the graduate pulls out what they think is a tissue, they’d be pleasantly surprised to find a continuous roll of money instead.
Money Shirt and Tie Origami
The art of origami takes to gifting, adding a personal touch to the otherwise cliched act of gifting cash. Enter the money shirt and tie origami – a creative, fun, and super unique graduation gift.
This cleverly folded shirt and tie ensemble is made from a dollar bill. An epitome of the exciting transition from lecture halls to corporate corridors, it resonates with the graduate stepping into professional life. The stitched proverb “Clothes make the man” truly shines out here, for this crisp white money shirt is undoubtedly a charming symbol of maturity and real-world readiness. Add a quarter or a dime to resemble a metallic tie-pin.
For an in-depth tutorial on how to fold a dollar bill into a shirt and tie, you can look up directions here.
Unique Money Gift Presentation Ideas
Money Tree: An Ever-Growing Investment
In line with the adage, “Money doesn’t grow on trees,” we introduce you to a tongue-in-cheek yet highly symbolic take on this phrase. The Money Tree! (yep, I love to prove my dad wrong!)
This is a creative and innovative way of presenting cash as a gift. It’s also a symbolic nod towards the idea of financial growth and prosperity for the graduate, subtly wishing them monetary abundance throughout their journey.
Fortune Cookie Money Gift
Looking for a fun and quirky way to present money to the graduates on their big day? How about incorporating a little Asian flair and a dash of fun with a Fortune Cookie Money gift? This surprising and unique concept makes for a perfect impression!
The money fortune cookie idea, courtesy of The Paper Mama, is an attractive alternative to age-old gifting methods. Fold your money bills into the shape of fortune cookies and slip them inside a takeaway Chinese box for the ultimate presentation.
Elevate this gift by including a heartfelt note or some thoughtful advice inside each fortune cookie, just like the actual fortune cookies come with hidden messages. Each ‘cookie’ is also a symbol of luck and prosperity.
Zip-Open Money Holder
A Zip-Open Money Holder serves as a stylish and functional way for men to handle their cash, making it a perfect gift for graduates, birthdays, or festive occasions. The design allows for secure storage, and the feature of easily displaying cash by unzipping adds a hint of excitement to the gift-giving process.
With a myriad of styles ranging from minimalist to flashy, you can match the recipient’s personality perfectly.
Emergency Cash Inside Picture Frame: A Lifesaver Graduation Gift Idea
Imagine a rustic shadow box or a sleek modern frame housing a neat arrangement of cash bills under the caption “In Case of Emergency Break the Glass.”
Add a personal touch by including a caring note like “If you ever need help, I’ll be there for you.” This not only gives the impression of a safety net but also reassures them of your ongoing support.
It’s unconventional cash gifting, fun, practical, and literally, their savior ‘in case of emergency’.
Money Balloons to Life You Off Financially!
A truly unique and memorable way to gift money to graduates is to tuck it inside balloons, creating surprising cash confetti.
This sneaky method not only redefines the act of gift-giving, but also adds a fun and exciting element, as the receiver pops the balloon to discover their monetary gift within.
Check out how to make money balloons.
Handmade Money Surprise Bath Bomb
Time for a lovely bath with a hidden surprise! A fantastic way to hide money especially for teen girls!
This unique gift idea of bath bombs also is made with all natural and vegan skin care products. Perfect for small budgets!
Digital-age Money Gifting Methods
Transforming a Venmo Payment into Special Graduation Gift
Building upon this digital-age trend, Venmo introduced the “gift wrap” option, which transforms your usual cash transaction into an endearing cash gift. The payment comes with a short but heartfelt animated GIF intro, which makes the receipt of money all the more special for the recipient.
While Venmo currently does not offer graduation-specific designs, you may utilize the “Just Because” message. Personalize it in your own words, making it relevant to the graduation context. Conveying your wishes and love instantly uplifts the otherwise mechanical act of transferring money.
This digital-age money gift version is ideal if you’re miles apart on your loved one’s Big Day. Despite the physical distance, with Venmo and other such apps, you’re just a few clicks away from blessing the grad with your love, congratulations, and of course, monetary gift.
Money Tree with Gift Cards
A money tree spruced up with various gift cards is an innovative and exciting way to offer a present. This method is not just creative but offers a tangible and enjoyable surprise that surely excites the recipient.
Don’t miss out on purchasing a mix of gift cards from different retailers, topping the whole experience up with a variety of potential shopping sprees. This thoughtful gesture is sure to be appreciated and remember to add a personal touch for an unforgettable gift.
Gift Card in a Congratulations or Graduation Style Gift Box
For a unique and crafty gift presentation, consider placing your gift card inside a mini graduation cap box. This personalized touch not only adds an element of surprise but also highlights the sentimentality of the occasion.
DIY Money Gifts with Step-by-step Instructions
What a sweet Idea!
A unique and sweet way to gift money is by using a glass jar filled with a person’s favorite sweets or candies. Start by choosing a sturdy glass jar, and flood it with your recipient’s beloved candy.
The trick lies in tucking some cash amongst the treats, creating a delightful surprise for the recipient. You can even add a personal touch and a festive aura by attaching a note or decorating the jar appropriate to the occasion, be it graduation, birthday, or holiday.
Learn how to add an element of surprise to your money gift with a glass jar and sweets/candy,
McDonald’s Money French Fries Gift Idea
Everyone loves McDonald’s fries, but have you ever thought of gifting them in money form? The McDonald’s Money French Fries gift idea brings a unique blend of humor and surprise to your graduation gifting game.
This quirky idea involves emptying a McDonald’s french fry container and refilling it with neatly folded bills that mimic yummy fries. This arrangement can be topped off with a note adding to the humor such as, “Did Ronald McDonald ever tell you to keep the change?” or “Want cash fries with that?”
This fun-filled concept comes from Making Memories with your Kids , adding a light-hearted spin to the routine money gifting. Graduates would appreciate this unusual fusion of their fav fast-food chain and a monetary jump-start.
Money Flowers: An Elegant Cash Bouquet
Redefining flower gifting, meet the impressive Money bouquet, an intelligent amalgamation of art, appeal, and worth sure to impress any graduate.
Make the graduation day extra special by gifting your grad a bouquet of flowers with a twist. This project only requires folding skills and a little creativity. Gently roll your money bills to build the cake, then purchase your grad’s favorite flowers.
Plus you can buy the money bill holder on Etsy to make this project easier.
Pre-DIY Money Bouquet
Everyone loves to receive a bouquet of roses! This money gift idea is hidden within the gift. Very attractive present.
This Bouquet is sure to wow for any occasion!
Money Crayons – To Remind Them How Far they Have Come
Consider the charm of hiding money in crayons, an ingenious nod to the recipient’s childhood.
This unique gift idea not only brings back the delightful memory of days spent drawing and coloring with wax sticks, but it also symbolizes the progress the graduate has made, transitioning from using crayons as a child to earning money as an adult.
Learn how to make money crayons.
Investment in Their Future
Express your confidence in the graduate’s future and support their goals with an investment gift. A 529 college savings plan or an investment account is an excellent idea that not only shows your trust in the graduate but also your commitment to their future.
Many grads don’t know how to invest in stocks. So, this may be a great chance to teach them.
It’s not just about money but also a testament to your confidence in them and their dreams. An investment in their future is an invaluable graduation gift that is sure to be appreciated. It’s symbolic, purposeful, and plays a significant part in sculpting their future.
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Indulge in a Money Cake
Lights! Camera! Cake? Hold that thought because we’re going to redefine the whole cake cutting tradition at graduation parties in a fun and profitable way.
Why make a cake when you can make a money cake? It’s an eye-catching centerpiece, a conversation starter, a whole lot of fun, and a cash gift all in one. Inspirations turn dollar bills spiral into a multi-tier cake, complete with a graduation hat on top and maybe even whipped cream at the edges.
“Bake your success,” or let’s say, “Stack your success,” by creating a money cake for your graduate. So, let your creativity flow and gift a homemade cake that’s literally a slice of liquid net worth!
Money Cake Pull Out Kit
Don’t want to make a real cake? Then, opt for the easy solution with a money cake pull out kit! Perfect surprise for graduates with the most versatile and widely-appreciated gift of them all: cash?
We know how you can do it in style: the amazing money cake dispenser, an incredible accessory that you will use on endless occasions.
This complete cash dispenser set includes the special box, cake topper, 1 plastic roll with 50 connected pockets, and printed instructions.
FAQs About Money Gift Ideas For Graduation
A good grad gift with money is one that not only offers financial assistance but also a personal touch, a dash of humor, or a token of encouragement. It makes the recipient feel cared for and supported in their next journey.
Ultimately, a good grad gift with money expresses your congratulations, best wishes for the next chapters, and a monetary boost to help them get a head start in their next big adventure.
These are just creative ideas to make giving money more memorable.
Deciding how much cash to give for a graduation gift depends on several factors including your personal budget, your relationship with the graduate, and the graduate’s level of education.
We have found money gifts for high school graduates typically range from $20 to $300. The study suggests $50 to $100 as an average amount for close family members and friends.
For college graduates, some suggest higher amounts to reflect the monumental achievement. Paying for the Graduate suggests gifting at least $50, but depending on the relationship, you can give up to $500.
Remember, there’s no hard or fast rule determining the perfect amount for a graduation gift. What counts the most is the sentiment behind the gift. Ensure that it’s an amount you can comfortably give, for the graduate, regardless of the sum, will undoubtedly appreciate any cash gift received.
Which Creative Ways to Give Graduation Money Gifts is your Favorite?
Graduation is a momentous occasion and deserves a unique token of appreciation and celebration. Money gift ideas for graduation give you plenty of innovative ways to express your well-wishes, support, and belief in the successful road ahead for the graduate.
Whether it’s a Money Cake, Emergency Cash Inside Picture Frame, a McDonald’s Money French Fries, a Money Rosettes bouquet, or a Venmo payment with a personal message, you’re sure to leave a lasting impression.
Each of these ideas adds a fun and creative spin to the traditional act of gifting money.
Regardless of the amount, it is the thoughtfulness and creativity that will be remembered most by the graduate. I still remember ways I received money that was given unusually.
So, which is your favorite, and what novel money gift would you create for your loved one’s graduation?
Make sure to include these financial adults for young adults as wise wisdom.
Source
National Retail Federation. “Graduation spending to reach $5.2 billion with cash and greeting cards as most popular gifts.” https://nrf.com/media-center/press-releases/graduation-spending-reach-52-billion-cash-and-greeting-cards-most. Accessed December 20, 2023.
Know someone else that needs this, too? Then, please share!!
Did the post resonate with you?
More importantly, did I answer the questions you have about this topic? Let me know in the comments if I can help in some other way!
Your comments are not just welcomed; they’re an integral part of our community. Let’s continue the conversation and explore how these ideas align with your journey towards Money Bliss.
I bet you didn’t know that Home Depot isn’t just for hammers and nails — it’s also stocked with beautiful decorative items, from fancy candles to luxe linens. As a designer, I often source from the retailer, because it carries everything from key pieces of furniture to blissful bedding. Below I’ve collected just a smattering of the deals still on offer in the Home Depot 2023 Black Friday sale.
Save an orange bucket’s worth of dough with this sale, and freshen up your home. But don’t wait too long — these Home Depot extended Black Friday deals are going faster than your famous sweet potato pie did on Thanksgiving.
Home Depot
Channel hygge this winter — the art of being comfortable — with a sherpa-lined throw in cozy plaid. Save 50% on this holiday-worthy option, and snuggle up under the weight of the standard throw-sized charmer. Looks great on a chair or at the edge of your bed. Machine washable for easy cleaning.
$18 at Home Depot
Home Depot
You can never have enough storage, and large woven baskets are a charming way to keep tidy. This set includes two, so you can use them in the foyer for extra shoes, the living room for throw blankets or the bathroom for rolled-up towels. Save nearly 60% on these open-weave organic looking winners.
$50 at Home Depot
Home Depot
Score a 60% discount on lanterns so versatile, you’ll want them everywhere in the house. Designed for use with flameless candles, this set will serve you year-round. Add a welcoming touch to an entryway, some ambiance to the living room or dress them up for the holidays with fresh greens and ribbon. The set comes in varying heights of 15 and 18.75 inches tall.
$72 at Home Depot
Home Depot
A tray goes a long way as an essential multi-tasker in your home. Use it to serve up cocktails or as a reliable surface to rest your drink on your coffee table ottoman. This beauty, in a natural wood grain walnut finish, is finished with brass handles lending it elegance. Add some decor, like a live plant or trio of accessories. Get creative— it’s as functional as it is attractive.
$66 at Home Depot
Home Depot
Mirrors are a designer’s trick of the trade to catch the light and make a room appear larger. This beauty is available in different sizes for just the right fit. Hang it over your dresser in the bedroom, above a console in your entry or use it as your bathroom vanity mirror. Save 55%.
$90 at Home Depot
Home Depot
When my clients don’t have a green thumb, are worried about pests or have a second home, I recommend a faux plant to give a room a natural vibe that springs to life. At 6 feet, this palm makes a statement, filling your space with fresh greens without the worry. Save more than 40% on this lush palm with bamboo-like stems and you’ll bring a taste of the tropics indoors.
$70 at Home Depot
Home Depot
A pouf or small ottoman is a great addition to any room. It provides extra seating in a pinch, or a great place to put your feet up. Light enough to move where you need them, this knit version is just the texture for winter. I’m drawn to this pretty blush color, but check out the variety of shades, from bold to neutral. Get 25% off — I’d grab two.
$50 at Home Depot
Home Depot
I’m charmed by this pair of decorative vases, in 6 and 8 inch heights, that are the perfect objét to add to your bookcases, entry console or dining centerpiece. Natural pottery such as this adds warmth to the room with a hand-cast feel, and the speckled glaze finish is earthy and pleasing to the eye. Not waterproof, these are meant for dried flowers or add a topiary ball to the top. Though I think their shape and texture is attractive enough to stand alone. Enjoy 20% off.
$26 at Home Depot
Home Depot
Good design should inspire all the senses, so don’t forget to add a scent to the air. This candle by Root is literally rooted in its passion for bees, creating a natural beeswax-blended candle. Aromas abound, but I’ve featured the Winter Balsam scent to evoke the season with its combination of Canadian fir needle and green citrus. With a natural fiber wick, you can feel good about gifting this made-in-the-USA candle. Save 20%.
$21 at Home Depot
Home Depot
Score a 45% discount on a new set of sheets and level up your bedding. These luxurious cotton sateen sheets are wrinkle-resistant with a silky finish. OEKO-TEX certified for safety, the fitted sheet works with mattresses anywhere from 8 in. to 20 in. using patented Flexi Fit technology.
$49 at Home Depot
Home Depot
Don’t forget the bathroom. This 45%-off deal is a great opportunity to refresh your bath linens for less. Available in a bevy of colors, the set includes bath and hand towels, plus washcloths. The 100% Hygro Cotton gets softer and fluffier the more you wash.
$66 at Home Depot
Home Depot
Do you have something in your yard you’d prefer not to look at — like a rough fence around an air conditioning unit? These artificial hedges can cover up an eyesore with ease. You’ll get 12 tiles, each 20 inches by 20 inches, that will cover a total of 33 square feet.
$60 at Home Depot
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Philly’s coolest and trendiest neighborhood, Fishtown is a friendly place of both gentrifiers and long-time residents living in harmony. Former industrial lots and fisheries are now filled with people and purpose for many types. Galleries and public art. Dive bars and trendy taverns. Five-star restaurants and cheesesteak joints. Concert halls and rock clubs. Decades-old businesses and co-working spaces. Fortunately, it’s a dynamic urban cultural neighborhood along the Philadelphia riverfront.
Hipsters, artists, young families, gig economists, third-shifters, start-up entrepreneurs, foodies and of course, the working-class, all call the district home. Rowhouses, mid-rise rentals and loft-style Fishtown apartments line its blocks. In fact, it’s America’s hottest neighborhood. But what is it like to live in Fishtown, Philadelphia?
Where is Fishtown in Philadelphia?
Fishtown, Philadelphia is just northeast of Center City along the Delaware River. It’s bordered by similar-vibe neighborhood Northern Liberties to the south, up-and-coming Olde Kensington to the west and East Kensington to the north.
North Front Street, East York Street and the river form most of its border. I-95 forms a spine on its east side along Delaware Avenue. The Fishtown Philadelphia ZIP Code is 19125, also shared with the Kensingtons. Also, the neighborhood contains portions of 19123.
Source: Rent.
Living in Fishtown, Philadelphia
Like many gentrifying neighborhoods around the country, Fishtown has seen changes in demographics, increases in entertainment options and shifts in public services.
But Fishtown’s uniqueness lies in how it has been able to grow its new, younger population without pushing out longstanding residents. Considering this, how do some of the neighborhood’s most important community and lifestyle aspects rate?
Demographics
Nearly everybody lives in Fishtown. Zennials including empty-nesters, moms, recent grads, cops, novelists, homeowners, renters, natives and newbies. People from across the spectrum live in harmony in Philadelphia’s Fishtown.
Demographically, the neighborhood is pretty middle-of-the-road. Over two-thirds of Fishtown households make under $100,000 a year. Over half of residents are between 20 and 44, and half have never been married. Additionally, most have not completed higher than a high school education. Fishtown is overwhelmingly white, numbering over 85 percent compared to 35 percent for the city overall.
Education
Fishtown, as all of Philadelphia, is part of the School District of Philadelphia. Public school elementary school students attend Alexander Adaire School while older kids matriculate at Penn Treaty School for grades six through graduation. The neighborhood features one Catholic school, Saint Laurentius School. While there are no colleges in Fishtown, Temple University is just a mile away.
Safety
With gentrification comes security. Compared to some of its rougher neighbors like Kensington or Fairhill, Fishtown is extremely safe. In fact, Fishtown is one of Philly’s top 10 safest neighborhoods. It ranks ninth-best in the city in every category: violent crimes, property crimes and total crimes. Luckily, residents here have just a one in 35 chance of being a victim of a crime. And 88 percent of Fishtowners report the neighborhood as feeling “pretty safe” too.
Recreation and entertainment
For nightlife options, no neighborhood can match Fishtown.
If you’re a music fan, you have a run of venue types, including Johnny Brenda’s, The Barbary, Kung Fu Necktie, The Foundry and Fillmore Philadelphia.
The region is one of the best in Philly — if not the entire East Coast — for pizza, Mexican, breakfast and coffee, not to mention Joe’s Steaks, one of the city’s best cheesesteak jawns. Fishtown, also, offers one of the city’s best bar scenes, including Barcade, Murph’s Bar, Lloyd Whiskey Bar and Kraftwork.
Rivers Casino Philadelphia was Philly’s first gaming casino to open. Fishtown features several art galleries like Gravy Studio, Mothership Toy Gallery and Corridor Contemporary. And Fabrika is a unique cabaret space.
Penn Treaty Park is just one of many green spaces in Fishtown, including Palmer Park, Konrad Square and Hetzell Playground. Got a pupper? Palmer Doggie Depot features a cobblestone-lined play area, solar lighting and canine drinking fountains.
Transportation
Frankly, Fishtown is one of the most convenient neighborhoods in Philly.
SEPTA’s Market-Frankford train line runs along Fishtown’s western border on Front Street. There are stations at Girard Avenue and at Berks Street taking you into Center City in just 10 minutes. SEPTA’s Route 15 streetcar trolley begins by the Fillmore in Fishtown and runs along Girard and Richmond Avenues and all the way to West Philadelphia.
Additionally, Interstate 95 runs along the eastern side of Fishtown, northwest of Delaware Avenue. I-95’s Exit 23 dumps traffic directly into Fishtown at Girard and Delaware Avenues. Via the Interstate, it’s about 15 minutes to both the Philadelphia International Airport or to Camden, New Jersey. Not to mention, the neighborhood offers a walkability score of 91 and a bike score of 84.
History
The area that is now Fishtown was originally home to the Turtle Clan of the Lenape Native American tribe. But soon came the Swedish settlers, then the Germans, then the British. William Penn made his peace treaty with the Lenape at Penn Treaty Park in 1683.
Likewise, Fishtown was an early hub for Philly’s fishing industry — ergo the name. It was a blue-collar, working-class industrial neighborhood for 325 years.
Fishtown’s rise again began in 2003 — when two entrepreneurs decided to renovate an old boxer’s bar called Johnny Brenda’s into a craft beer and billiards haven with a killer concert venue upstairs. That one push began to transform Fishtown into its booming self today.
10 things to do in Fishtown
Fishtown, Philadelphia is one of Philly’s best ‘hoods for food, drink, coffee, art and entertainment. So what is there to do in the neighborhood? Probably start by eating… a lot.
Catch a show upstairs at Johnny Brenda’s, a 250-capacity two-story space featuring national touring acts, or the Fillmore Philadelphia, a 2,500-capacity concert hall.
Grab some ribs and a stein of Weissbier at Fette Sau, a popular barbecue spot, and Frankford Hall, the authentic German beer hall next door.
Play the slots and table games at Rivers Casino Philadelphia — one of just two casinos in the Philly city limits and the only one walking distance from Center City.
Bite into the classic lox sandwich at Philly Style Bagels, Bon Appétit Magazine‘s “Sandwich of the Year.”
Take in the riverfront views and the history at Penn Treaty Park, which surrounds the site where William Penn entered his famous peace agreement with Lenape Chief Tamanend in 1683.
Down a beer flight at Evil Genius Beer Company, which is known for ludicrous names for their amazing craft beer like “I Miss Precedented Times” and “Purple Monkey Dishwasher.”
Stay the night at Wm. Mulherin’s Sons, recently named USA Today “Best New Hotel in America.”
Snag a half-price happy hour latte at the flagship location of beloved local coffee shop La Colombe.
Laugh along with America’s best and most famous comics at Punchline Philly comedy club.
Eat a killer pie at Pizzeria Beddia, named “Best Pizza in America” by Bon Appétit, or at Pizza Brain, featuring the world’s first Museum of Pizza Culture.
Finding an apartment in Fishtown Philadelphia
In a city of neighborhoods, Fishtown is the king mackerel. A neighborhood for foodies, vintage shoppers, beer lovers, headbangers and hipsters, Fishtown has a diverse population of both new and generational, young and old, working and social class.
If you’re willing to pay the price, Fishtown is one of the best neighborhoods in Philly, if not the nation.
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory as of June 2021. Our team uses a weighted average formula that more accurately represents price availability for each unit type and reduces the influence of seasonality on rent prices in specific markets.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
Michael is a Philadelphia-based writer with a variety of interests, including music, concerts, TV, politics, travel and sports. His background includes a decade as a programming executive in network television, six years as a marketing executive at a technology company, and time at two magazines and two advertising agencies. He currently works as Craft Beer & Brewery contributor for the Visit Philly Greater Philadelphia Tourism Bureau and sits on the board of a non-profit law firm that assists veterans with disabilities. Michael is a proud Syracuse grad (Newhouse) who has lived in Wichita, Albany, Chicago, Washington DC, Boston and beyond.
Here’s why you should call the Hoosier state home.
Indiana is celebrated for, among many other things, its agricultural prowess, its hardworking people and its top-tier higher education institutions. From the spanning farmlands to the rich culture, Indiana stands out in its own distinct way. But what is Indiana known for, exactly? It’s certainly not just cornfields and basketball: Let’s take a deeper dive into the intricacies and unique characteristics that make the Hoosier state such a great place to call home.
Employment
Historically known as a manufacturing hub, Indiana continues to play a pivotal role in the nation’s large-scale material production. The state hosts automotive giants, with companies like General Motors and Subaru operating major facilities. This industry not only provides jobs in production but also fuels ancillary industries, creating a ripple effect across the job market of the entire state.
The healthcare infrastructure in Indiana is robust, offering a ton of opportunities for professionals in a number of fields. Renowned medical institutions like Indiana University Health and the Mayo Clinic Care Network provide a spectrum of healthcare services and contribute significantly to the employment scene. From skilled medical practitioners to support staff, healthcare plays a vital role in the overall health of the statewide job market.
With renowned educational institutions like Purdue University and Indiana University, the state has a wealth of employment opportunities in academia and research. These institutions not only attract educators but also drive research and development initiatives, fostering innovation and intellectual growth.
Indiana’s business-friendly environment has nurtured a hard-working spirit. Startups and small businesses find ample support through various initiatives and incubation programs. This fosters a strong entrepreneurial ecosystem, contributing to widespread job creation and economic growth throughout the state.
Outside
Indiana is endowed with natural wonders that captivate outdoor enthusiasts. Indiana Dunes National Park, situated along the southern shore of Lake Michigan, boasts stunning sand dunes, pristine beaches and diverse ecosystems. The Hoosier National Forest, covering over 200,000 acres, is a haven for hiking, camping and wildlife observation to boot.
One of the most iconic attractions in Indiana is the Indianapolis Motor Speedway. Known as the Racing Capital of the World, it hosts the world-famous Indianapolis 500, the world’s largest single-day sporting event. Racing aficionados from around the globe flock to witness the thrilling spectacle of speed and skill.
Food
Indiana’s food scene reflects a rich amalgamation of flavors. The state is known for its Hoosier tenderloin sandwich — a delectable deep-fried pork or beef cutlet. For those with a sweet tooth, the Hoosier sugar cream pie is a local favorite, showcasing a delightful blend of sugar, cream and vanilla.
Five of the best restaurants in Indiana
With a thriving agricultural landscape, Indiana’s farm-to-table movement is strong thanks to the surrounding necessary resources. Farmers’ markets dot the state, offering fresh produce, artisanal cheeses and handmade crafts. These markets provide a glimpse into the heart of Indiana’s agricultural efficiency.
Culture
The Amish community has a strong presence in Indiana and contributes significantly to the state’s cultural diversity. Visitors can explore Amish country, characterized by simple living, traditional craftsmanship and horse-drawn buggies. Shipshewana, with its Amish-focused attractions and markets, is a window into this unique way of life.
Indiana has thriving artistic communities, like Bloomington and Nashville, where galleries, studios and theaters flourish. The Indiana University Art Museum in Bloomington showcases a diverse collection spanning centuries and traversing cultures. Brown County, often referred to as the “Art Colony of the Midwest,” attracts artists and amateur critics alike.
Entertainment
Indiana has left an indelible mark on the world of music. The legendary King of Pop, Michael Jackson, hailed from Gary, while the “Piano Man” Billy Joel was born in the state capital, Indianapolis. The Indianapolis Symphony Orchestra, known for its dynamic performances, adds a symphonic note to the state’s cultural landscape.
Throughout the year, Indiana hosts its fair share of festivals and fairs celebrating everything from food to arts. The Indiana State Fair, one of the oldest state fairs in the U.S., is a melting pot of experiences, with concerts and carnival fun for all.
It’s all about Indiana
With its unique blend of natural wonders, culinary delights, cultural richness and quality entertainment, Indiana invites exploration beyond the ordinary. This state, often overshadowed by its larger neighbors, stands as a testament to the richness and diversity that can be found in the heartland of America.
Ready to find your ideal Indiana apartment? You’ve come to the right place.
Looking for must-try restaurants in Covington, GA? Look no further than this Redfin article. From mouth-watering Italian cuisine at Amici Italian Cafe to finger-licking BBQ at Bradley’s Bar-B-Que, Covington has a diverse culinary scene that will satisfy any food lover’s cravings. Whether you’re a local or just visiting, these restaurants are a must-try.
1. Amici Italian Cafe
Cuisine Type: Pizzeria, Italian Restaurant Location: 1116 College Ave SE, Covington, GA 30014 Website: Amici Italian Cafe
Amici Italian Cafe is a popular pizzeria and Italian restaurant. Their menu features a variety of delicious pizzas, pastas, and Italian dishes. With a cozy atmosphere and friendly staff, it’s the perfect place to enjoy a slice of authentic Italian cuisine.
2. Bradley’s Bar-B-Que
Cuisine Type: BBQ Joint, American Restaurant Location: 1160 Church St SE, Covington, GA 30014 Website: Bradley’s Bar-B-Que
Bradley’s Bar-B-Que is a renowned BBQ joint and American restaurant. They are known for their mouth-watering barbecue dishes, including tender ribs, pulled pork, and smoked brisket. Whether you’re a barbecue enthusiast or just looking for a delicious meal, Bradley’s is a must-visit spot.
3. Stalvey’s Restaurant & Lounge
Cuisine Type: Lounge, American Restaurant, Steakhouse Location: 3132 Highway 278 NW, Covington, GA 30014 Website: Stalvey’s Restaurant & Lounge
Stalvey’s Restaurant & Lounge is a popular establishment offering a unique combination of lounge, American restaurant, and steakhouse. Their menu features a wide range of dishes, from juicy steaks to classic American comfort food. With its cozy ambiance and live music, Stalvey’s is a great place to unwind and enjoy a delicious meal.
4. City Pharmacy
Cuisine Type: Dining and Drinking, Lounge Location: 1105 Church St SE, Covington, GA 30014 Website: City Pharmacy
City Pharmacy is a unique dining and drinking establishment offering a cozy lounge atmosphere where guests can enjoy a variety of drinks and small bites. With its historic charm and friendly staff, City Pharmacy provides a memorable experience for visitors.
5. Your Pie
Cuisine Type: Pizzeria Location: 1115 Washington St SW, Covington, GA 30014 Website: Your Pie
Your Pie is a popular pizzeria known for its build-your-own pizza concept. Customers can choose from a variety of fresh ingredients to create their own personalized pizza. With its casual and modern atmosphere, Your Pie is a great spot for pizza lovers to indulge in their favorite flavors.
6. Osake
Cuisine Type: Sushi Restaurant Location: 2123 Usher St NW, Covington, GA 30014 Website: Osake
Osake is a popular sushi restaurant offering a wide selection of fresh and delicious sushi rolls, sashimi, and Japanese dishes. With its elegant decor and skilled sushi chefs, Osake provides a memorable dining experience for sushi enthusiasts.
7. El Chaparro
Cuisine Type: Tex-Mex Restaurant Location: 6193 Highway 278 NW, Covington, GA 30014 Website: El Chaparro
El Chaparro is a popular Tex-Mex restaurant serving a variety of flavorful Tex-Mex dishes, including tacos, enchiladas, and fajitas. With its vibrant atmosphere and authentic flavors, El Chaparro is a go-to spot for Mexican cuisine lovers.