What happens if your landlord tries to return your $500 security deposit but they don’t have your forwarding address? Or the company whose stock you bought in college is trying to send you dividend checks in the mail, but they never get cashed? In both cases, your money becomes “unclaimed property”.
After claiming your money, bank your funds somewhere you can watch them grow* – Chime® offers 2.00% APY7 with no monthly fees2
In total, Americans have $42 billion in unclaimed property, creating the world’s largest financial lost-and-found. On average, 1 in 10 Americans have unclaimed property in the form of uncashed checks, forgotten deposit boxes, and more just lying around waiting for their owners to come claim them.
Could you have unclaimed cash? How can you check? Let’s investigate.
What’s Ahead:
What is “unclaimed property”?
Unclaimed property is a financial asset that has an owner, but the owner hasn’t come to get it.
The most common examples of unclaimed property are checks that haven’t been cashed. These could be returns of security deposits for rent or utilities, final pay stubs, refunds, class action settlements, stock dividends, royalty payments, and more (all the more reason you should give your direct deposit information whenever possible).
Other examples that probably aren’t as applicable to the under-30 crowd include long-dormant savings and checking accounts, life insurance payouts, and tangibles such as forgotten security deposit boxes.
How and why does property go unclaimed in the United States?
Property goes unclaimed all the time in the United States, mostly because financial entities are unable to contact owners.
Let’s say your old leasing company tries to return your $500 security deposit. However, without your direct deposit information or your forwarding address, they’re kind of stuck. They might try to reach out to you via email or your cell, but most states only require the holder of the property to reach out to the owner via snail mail once.
If you don’t claim your $500 after the, erm, letter, the $500 enters a “dormancy period” of typically one year before the financial institution holding the money must officially declare it as unclaimed property to the state.
So basically, if you don’t cash your $500 check within a year of moving out, your leasing company will turn it over to the “lost and found” aka the state government.
What are the laws surrounding unclaimed funds?
Laws surrounding unclaimed property areextremely strict. Financial institutions are not allowed to keep the unclaimed property under any circumstances; they must report it to the state immediately after the dormancy period.
If they don’t, and try to pocket the goods, they’ll get into immense trouble with the IRS. Furthermore, there’s no statute of limitations on unclaimed property so the feds can come knocking anytime, and audit companies back for decades to make things right.
The lengths our government goes to in order to protect unclaimed property for individual Americans is pretty awesome, if you ask me. Without those property protection laws in place, many companies would probably begin leveraging every manipulation tactic in the book to cheat consumers like us out of our rightful property. For example, a lot of checks from financial institutions to individuals might start mysteriously disappearing from the mail…
After all, how would you feel if your landlord simply waited for you to forget about your deposit and spent your $500 on some tacky lobby statue?
Do unclaimed property laws change based on location?
Yes; each state has their own unclaimed property laws. Variables like dormancy periods, due diligence, and more might vary across borders.
For example, Alabama’s dormancy periods average three years, but for some reason, financial entities don’t have to report traveler’s checks as unclaimed until they’ve gone un-cashed for 15 years.
In New York, holders of the property must perform the following due diligence at least 90 days prior to reporting the property as unclaimed: contact the owners via snail mail at least once, twice if the value of the property exceeds $1,000.
Most states have similar laws calling for such comically little “due diligence.” But in all seriousness, I totally get it; companies don’t hire teams of private investigators to find Steve, who never cashed his $6.47 dividend check back in 2009. Rather, it’s our responsibility as consumers and patrons to keep our contact information up to date and make it easy for these institutions to pay us.
Who’s tracking unclaimed property?
Once the financial entity holding the unclaimed property reports it to the state, the state tracks it on a government-run database, accessible through a web portal.
While each state runs and maintains their own unclaimed property database, you don’t have to search every state you’ve lived in individually. Thankfully, there are trustworthy third-party sites that can show you a bird’s eye view of all the states where you have unclaimed property.
The two most popular unclaimed property sites are missingmoney.com and unclaimed.org. I like them both for different reasons.
Missing Money cuts to the chase, letting you find out if you have unclaimed property, and in which states, in less than a second. All you have to do is plug in your name and voila, a list with links to claim in each state appears (more on that in the next section).
Unclaimed.org, the official site of the National Association of Unclaimed Property Administrators, is a better destination for simply learning more about unclaimed property in general. It features a search function, but it’s less usable and accessible than Missing Money. Still, there’s tons to learn on Unclaimed.org if you’re curious to know more about this strange phenomenon.
How can I find out if I have unclaimed funds?
You can find out if you have unclaimed property in seconds by plugging your full, legal name into Missing Money’s search bar.
To my shock, I was one of the lucky Americans with unclaimed property. Woohoo!
One quick look at the “Reported By” column and I knew exactly what had happened. I own some shares of Disney stock and they’ve apparently been sending my dividend checks to an old address in Wisconsin. It’s been going on for so long that my unclaimed cash has accumulated into a nice pile that will cover my fall latte budget.
How can I claim my unclaimed funds?
If you also have unclaimed funds, all you have to do is click CLAIM next to your name (Missing Money will list everyone else with your name, so be sure to click the one that matches your current/past address to confirm it’s you).
Using the CLAIM button I was redirected to the WI state government website where I followed some pretty logical steps to complete my claim. To nobody’s surprise, the first thing they asked for was my direct deposit information.
Next, Wisconsin (and I assume most other states) requires you to provide three documents to prove your identity: a government-issued ID, proof that you lived at the address associated with the claim, and proof of your social security number.
My ID and work documents covered #1 #3, but #2 was a bit more of a challenge. I dug through my inbox and thankfully found a scan of my old lease for the building, so I submitted that.
Once I’d submitted everything and provided my digital signature confirming I wasn’t a bad guy, I finally reached the confirmation page. I wasn’t too surprised to see that it would take six to eight weeks for an update, and I expect it will take even longer due to COVID-19.
Even still, I’m grateful that I not only had unclaimed property, but that Disney reported it, the state government of Wisconsin tracked it, and the claim submission process was rigorous but user-friendly.
If you haven’t already, I very strongly encourage you to spend a minute on Missing Money, searching for unclaimed property belonging to you or your loved ones.
While technically there’s no big rush to claim your unclaimed property, it’s not doing anyone any good just sitting in a state escrow. You might as well file a claim and grab it now so you can begin multiplying it!
What should I do with my money once I receive it?
If it’s money you don’t need right now, why not toss it into a savings account and let it accumulate a little interest? I’m a fan of both Chime and the CIT Bank Savings Builder as options.
With a Chime Automatic Savings Account, you’ll enjoy an above-average interest rate of 2.00% APY7 right off the bat. Plus, you’ll have the option to round up every purchase to the nearest dollar, depositing the change into savings and filling your monthly statements with clean, whole numbers. ^
Open a CIT Savings Builder Account and you’ll score up to 1.00% APY compounded daily. In order to keep that sweet compounding interest, CIT requires you to maintain a balance of $25,000 or deposit at least $100 monthly, which I see as a perk; it ensures that you don’t neglect your savings account, lest you totally forget about it and find it on Missing Money in 10 years! See details here.
CIT Bank. Member FDIC.
* Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. ^ Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account. 2 There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account. 7 The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of November 17, 2022. No minimum balance required. Must have $0.01 in savings to earn interest.
Summary
I’ll admit that when I was first assigned to investigate “unclaimed money and how to get it”, I thought it sounded super sketchy. But nothing could be further from the truth.
Reclaiming your unclaimed money from the government is a smooth process, and one that you should repeat at least once a year. After all, it only takes a few seconds to check. Plus, searching for any unclaimed property could be a great way to share something new with your folks and even fund Christmas this year.
When chef Maxime Bouttier was considering a location for his first Paris restaurant, which opened in April, the Canal Saint-Martin offered an enticing mix of relatively affordable rents and excellent travel connections.
“It is much less expensive than the 6th or the 8th arrondissement, where many of my diners will travel from,” he says. “But, at the same time, you feel right in the middle of things.”
What drew Bouttier has proved popular for those seeking a good-value home in a central location, where commercial rents are mirrored by lower home prices. Waterside properties abutting the 4.6km canal, which runs through the 10th and 11th arrondissements and gives the area its name, still cost significantly less than those nearby on the Seine.
Average list prices in the 10th and 11th arrondissements are €9,806 and €10,128 per sq m respectively, according to French property website Meilleurs Agents. To the south, abutting the river in the 4th, the average is €13,813; cross the Seine into the 6th and this increases to €15,540.
Cheaper prices and a central location have made the area popular with younger buyers, including those purchasing for the first time or with smaller budgets, for years. But, with mortgages typically making up a larger share of their total home price, this group has been hard hit by France’s rising mortgage rates.
In February 2022, when Giorgia Rowe, 27, started searching the area for a home to buy, her mortgage broker said she would be able to get a mortgage with an interest rate of 1.2 per cent.
By June, she had found a one-bedroom apartment in the Canal Saint-Martin for €350,000. But, before she could agree the purchase and secure the mortgage, she needed to sell her studio flat. With mortgage rates increasing, it was a race against time: by August, when she was ready to buy, her rate was 2 per cent.
“Another month of mortgage rises and I wouldn’t have been able to afford the home,” she says.
For many, mortgage rate rises have meant they can no longer afford a purchase. Since the European Central Bank started raising interest rates in July 2022, home sales have fallen up to 35 per cent, according to Yves Romestan, chief executive of YRSA Progedim, an estate agency that covers Paris. Nationwide, the average rate for a 20-year fixed mortgage is now 4.02 per cent, according to Crédit Agricole, the French bank.
“The current situation excludes many first-time buyers from the market and many smaller, cheaper properties can now only be targeted by investors,” says Thomas Lefebvre, head of research at Meilleurs Agents in Paris.
Its growing popularity among younger residents has given the Canal Saint-Martin area a distinctive bustle, and the area is dense with a range of spots to eat, drink and shop.
It’s a walkable neighbourhood and there’s no need necessarily to go beyond it for what you need, you kind of have it all here
A 10-minute walk from Rue de la Folie Méricourt, where Géosmine, Bouttier’s restaurant, is located, independent shops, bars, restaurants and delicatessens cluster along a section of the popular Rue de Lancry, between the pedestrian canal bridge of Pont Tournant de la Grange-aux-Belles and the Metro station on Place Jacques Bonsergent.
These include bistro and natural wine specialist Le Verre Volé (The Stolen Glass), Viande & Chef, a butcher that opened in 2015, and specialist chocolatier Denver Williams, whose website claims the business is “as Parisian as the Canal Saint-Martin” and exhorts visitors to watch staff shape their wares in the chocolate workshop.
Around the corner is the celebrated covered food market on Rue du Château d’Eau, established in the 19th century. For Bouttier, who frequently makes the 15-minute walk from the restaurant to source produce, it was a draw and adds to the area’s self-contained feel. “It’s a walkable neighbourhood and there’s no need necessarily to go beyond it for what you need, you kind of have it all here,” he says.
Soon after Julie Ciraolo, 33, bought a ground-floor flat nearby in 2018, for €490,000, her section of the canal was pedestrianised and she noticed foot traffic in the neighbourhood — and the number of new local businesses — increase. These days, she says, she has lost count of the number of new bars and restaurants that have opened locally.
Aside from the prices and the waterside location, another draw for her was the fact she was within walking distance of two green spaces. To the north is the nearly 25ha Parc des Buttes-Chaumont with its distinctive Temple de la Sybille, a Roman-style monument based on the ancient Vesta temple in Tivoli. The smaller Jardin Villemin to her south includes sports facilities, a bandstand and a playground. “In Paris, being this close to two green spaces is a real luxury,” she says.
Ciraolo enjoys the noise of conversation from the bar opposite her and she dismisses local grumbling that the neighbourhood has become too fashionable among the bobo class, a popular French term for affluent professionals with pretensions to bohemian values but who lead bourgeois lives.
“They shouldn’t forget the 10th is an active, thriving district. Some people tend to think they are in 16th and expect tranquillity: let them move,” she says, referring to the upmarket westerly district accommodating many of the city’s embassies and museums.
Rowe, who has visited the area since she moved to Paris from London in 2017, has noticed the change, too. “Today, sometimes as soon as I leave my building I’m hit by the crowds.”
But despite the tourists — and the white-knuckle ride of securing her mortgage — there is nowhere she would rather move, she says.
Originally from the UK, she travels back to London seven or eight times a year via the Eurostar, which departs from Gare du Nord, a 15-minute walk from her home. With the area’s good connections — Gare du Nord, Gare de L’Est and République lie on several Metro lines — it also appeals to her friends.
When we speak in May, she has recently hosted a midweek evening picnic for eight, gathering on the grass next to the canal in front of her new apartment. The group has assembled from across the city — some arriving by bike or moped, others via Metro — for an archetypal French spread: two bottles of rosé and some Kronenbourg 1664, filling baguettes with cheese and saucisson purchased from a local shop.
“It sounds like a cliché but it’s a cliché for a reason, this is one of the best picnic spots in Paris,” she says.
At a glance
In June, the average list price for an apartment in Paris was €10,081 per sq m (Meilleurs Agents).
Trains connect Gare du Nord with the business district of La Défense in 15 minutes.
Trains from London to Paris take less than 2 hours 30 minutes; flights from New York take less than eight hours.
What you can buy . . .
Apartment, 10th arrondissement, €730,000
A two-bedroom, 73 sq m apartment on the third floor of a 1914 building with a lift, to the west of Canal Saint-Martin. A short walk to Louis Blanc Metro station, the apartment has parquet flooring and a communal cellar. For sale with Engel & Völkers.
Apartment, 10th arrondissement, €910,000
A one-bedroom apartment overlooking the canal. The flat is on the second floor of a condominium with a caretaker and a lift, and comes with a parking space. It is a five-minute walk from Gare de l’Est. For sale with Barnes International Realty.
Apartment, 10th arrondissement, €1.74mn
A three-bedroom, three-bathroom apartment on the cobbled Passage du Désir, a short walk to the west of the canal. The third-floor flat measures 145 sq m and features an open-plan kitchen and living area. Bedrooms overlook an internal courtyard. With Engel & Völkers.
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With existing homeowners locked into their low-rate loans, the proportion of home-seekers looking in a different metropolitan area from where they live is larger than ever, a report by Redfin says. The vast majority want to abandon coastal cities for the Sun Belt.
A whopping 25.4% of Redfin users looked at listings in a new city, up from 23% last year and below 20% before the pandemic.
In San Francisco, New York and Los Angeles, Redfin recorded more home searchers looking to leave than those looking to move there, a difference of more than 20,000 searchers each.
Prospective homebuyers are looking for spacious, sunny cities instead. Phoenix, Las Vegas and Miami ranked the highest in search demand. Redfin saw more users looking to move there than leave, a difference of around 6,000 per city.
This increase in out-of-city searches occurs despite challenges that come with living in Sun Belt cities. Phoenix, which saw the highest re-locator search volume, just announced a residential construction freeze because of a diminishing groundwater supply, which experts say will push up prices and choke supply in its suburbs.
Florida, which saw high search volume in Miami, Tampa, Orlando, Sarasota and Cape Coral, is struggling with rising home insurance prices. Seven residential insurers have failed since last February and the state government’s financial stability unit is monitoring 24 more, according to the Insurance Information Institute.
A loophole in Florida allows for high legal fees in homeowner insurance claim lawsuits. Florida made up 76% of the nation’s claim-related lawsuits, despite making up only 7% of actual homeowner insurance claims.
Redfin chief economist Daryl Fairweather said people want to move to Phoenix and Florida despite these issues “because even though Sun Belt home prices soared during the pandemic, those metros remain a bargain for people relocating from expensive coastal cities.”
The median home sale price in San Francisco is currently $1.4 million, according to Redfin. In New York it’s $819,900 and in L.A., it’s $950,000. In Phoenix, it’s only $439,950.
Because remote work remains prevalent, employees can often choose where to work without worrying about an impossible commute. Remote work accounts for 34% of U.S. employees worked at home last year, according to the Bureau of Labor Statistics.
Redfin’s report noted that the total number of homeowners looking to move is not increasing: it has gone down 7% in the past year. With high mortgage rates and rising home prices, home searches on Redfin are at an all-time low.
As with any genre, fans of psychological thrillers can find themselves searching for deeper cuts in the genre after exhausting the classics. From heavy hitters of the 1990s like Se7en and The Silence of the Lambs to almost Hitchcock’s biggest hits like Vertigo and Psycho, many movies are classics of the psychological thriller genre.
But when you’ve seen all of those, you can find yourself looking for the genre’s hidden gems. So when one fan of these cerebral chillers, who has seen many of them, takes to an online film forum to ask for lesser-known movies in the genre, other film fans are more than happy to oblige with some fantastic recommendations.
1. The Guest (2014)
The Guest stars Downton Abbey’s Dan Stevens as a mysterious soldier who appears at the door of a family one day, informing them that he knew their son who died in combat. This stranger is handsome and charming, but there’s something off about him. When strange deaths occur around town, the family’s teen daughter starts to suspect that he may have something to do with them.
2. Enemy (2013)
While director Denis Villeneuve’s Sicario and Prisoners rightfully receive much attention as some of the best thrillers of the 2010s, Enemy is often forgotten. The movie follows history professor Adam (Jake Gyllenhaal), who discovers a man who looks exactly like him and becomes obsessed with figuring out their connection to one another. It’sIt’s a riveting film full of unexpected twists and turns.
3. The Machinist (2004)
The Machinist is an unnerving psychological thriller that centers on Trevor Reznick (Christian Bale), who has been suffering from insomnia for over a year. We see the toll that the lack of sleep has taken on his body, and throughout the movie, discover that it’s also taken a significant toll on his mind.
4. The Vanishing (Spoorloos) (1988)
The Vanishing puts a twist on the classic mystery film. When a man’s girlfriend is kidnapped, he becomes desperate to find her, but instead of focusing on the story of who took her, The Vanishing introduces us to the villain early on. The kidnapper introduces himself to the distraught boyfriend, beginning a disturbing game of cat and mouse.
5. In The Mouth of Madness (1994)
Director John Carpenter is likely best known for creating the iconic Halloween franchise, but he’s made more than a dozen great films over the course of his career.
One of his best is In the Mouth of Madness, which follows an insurance investigator and a book editor as they attempt to find the author of a new book that seems to be driving people insane. The movie plays with the line between reality and fiction in fascinating and unnerving ways that will satisfy any fan of psychological thrillers.
6. Taste of Fear (1961)
A personal favorite of mine that I am delighted to see receive a recommendation, Taste of Fear is a small-scale psychological thriller produced by the legendary Hammer Film Productions, best known for their Dracula films starring Christopher Lee.
Lee also appears in Taste of Fear as a possibly conniving doctor. The film follows a young woman who returns to her father’s home to find him missing and doesn’t trust her stepmother, who says he’s away on business.
7. Gaslight (1944)
Gaslight, adapted from the play of the same name, is the genesis of the modern psychological term meaning to convince someone they cannot trust their senses. The film is an unnerving thriller that centers on a young woman and her new husband, who regularly makes her doubt her experiences so that he can steal from her. The film’s mystery isn’t what is happening or why but whether or not the woman will escape the situation.
8. Blow Out (1981)
Blow Out centers on Jack Terry (John Travolta), a sound technician who collects sounds to be used for film scores, after he witnesses a deadly car crash while recording sounds. The collision caused a governor’s death, leading to questions about whether or not it was an accident, and Jack’s recording of the event becomes critical to solving the mystery of what happened.
9. A Simple Favor (2018)
Another personal favorite of mine, A Simple Favor, adapts the book of the same name by Darcey Bell and offers an incredible performance from Blake Lively. The film stars Lively as Emily, the mysterious and glamorous neighbor of Stephanie (Anna Kendrick) who goes missing.
Stephanie then takes it upon herself to investigate the disappearance, but things are much more complicated than they first seem. It’s a psychological thriller that doesn’t skimp on the twists or the psychosexual tension but is also incredibly funny due to the humor of the two leads.
10. Shadow of a Doubt (1943)
Hitchcock’s favorite of the films he directed, it’s somewhat shocking that Shadow of a Doubt isn’t as widely known as some of the master of suspense’s other films.
The movie centers on a teenage girl and her relationship with her uncle, who comes to stay with her family as she begins to suspect that he may not be the wonderful man she once thought hIt’sIt’st’s a great film, with one of the most shocking reveals in film history.
Source: Reddit.
Who is one actress you can never stand watching, no matter their role? After polling the internet, these were the top-voted actresses that people couldn’t stand watching.
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These 7 Celebrities are Genuinely Good People
We’ve all heard the famous adage that “no publicity is bad publicity,” and while it tends to be accurate, there are certainly exceptions. But what about those few stars who stay out of the limelight and get along without a hint of trouble?
These 7 Celebrities are Genuinely Good People
Have you ever known someone and thought you liked them—until you learned about their hobbies? Then you get to know them and then you’re like, “Wow, red flag.” Well, you’re not alone.
These 10 Activities Are an Immediate Red Flag
Some celebrities definitely seem to enjoy the limelight and keep working to stay in the public eye. While others quickly move out of the spotlight. Many of these actors and actresses stepped out of the spotlight to live a more private life without constant media pressures.
10 Celebrities That Made the Big Times Then Disappeared Off The Face of the Earth
We’ve all been there – sitting through a movie that we can’t help but cringe at, but somehow it still manages to hold a special place in our hearts.
These 10 Terrible Movies Are Still People’s Favorites
Federal Reserve analysts have published a paper describing what they call the Twitter Financial Sentiment Index, or TFSI. The tool aims to gauge how investors and consumers feel by tracking social media posts about finances and credit markets. The Fed stresses that the document’s conclusions are tentative and preliminary.
A financial advisor can help you build a long-term investment plan.
What Is the Twitter Financial Sentiment Index?
The TFSI is a new tool in development by a group of economists at the Federal Reserve. While preliminary and, as the authors stress, still tentative, this tool measures investor sentiment and the consumer marketplace based on information gathered from social media posts.
The research is titled More than Words: Twitter Chatter and Financial Market Sentiment, written by Federal Reserve economists Travis Adams, Andrea Ajello, Diego Silva and Francisco Vazquez-Grande. It’s part of a discussion series run by the Federal Reserve in which economists explore new ideas, so this research doesn’t necessarily reflect the positions of the Federal Reserve or Board of Governors themselves.
In this case, the economists behind the TFSI wanted to explore whether “social media activity [can] carry any meaningful signal on credit and financial markets’ sentiment.” Essentially, when people post about the market online, does this accurately reflect their opinions? And furthermore, can economists pull any useful data from what is, effectively, a massive, real-time survey?
To answer that question, they turned to Twitter. The economists built a real-time sentiment index that pulled more than four million single tweets from 2007 to April 2023, searching specifically for posts that contained words and phrases pulled from financial and market dictionaries. So, for example, their system might flag a tweet with the phrase “bonds” or “assets” to include in the index.
Using a natural language processor, which is software that analyzes text for what the author intended to communicate, the index gives each tweet in its database a positive or negative flag depending on how the post talks about the market. Then, in aggregate, the index produces an overall current sentiment of the market. If most of the recent tweets are talking about the market confidently, the TFSI registers a positive sentiment. If lots of people are tweeting about selling or hoarding cash, the TFSI registers a negative sentiment.
The authors say that this binary approach of positive and negative works better than trying to assess how positive or negative a given tweet seems. Their goal isn’t to judge the strength of an individual poster’s emotions, but rather to judge the overall emotional state of the market at large. And, they say, it appears to work.
What Exactly Does the TFSI Measure?
Among other sources of data, economists rely heavily on surveys and price trends to make predictions and policy assessments. Surveys like the famous University of Michigan Consumer Sentiment Index gather data by directly asking people about their financial situation and choices. Price trends measure the current prices in a market and compare them to historic patterns to make predictions about what will happen next. In both cases, economists effectively look for massive amounts of data from which to pull trends.
The TFSI takes a similar approach. It is, in effect, an always-on survey, in which the authors look for patterns in how people talk about their finances and market issues. As with all matters related to social media, though, the question is whether this information is reliable. When people post on Twitter, does it reflect their true position? According to the economists involved, the answer is yes.
What the TFSI Reveals
“We find,” wrote the authors of the index, “that the Twitter Financial Sentiment Index (TFSI) correlates highly with corporate bond spreads and other price- and survey-based measures of financial conditions.”
The authors also state that they “document that overnight Twitter financial sentiment helps predict next day stock market returns. Most notably, we show that the index contains information that helps forecast changes in the U.S. monetary policy stance: a deterioration in Twitter financial sentiment the day ahead of an FOMC statement release predicts the size of restrictive monetary policy shocks. Finally, we document that sentiment worsens in response to an unexpected tightening of monetary policy.”
Among other correlations, they say, the TFSI has a few key uses.
First, it is quite adept at predicting next-day stock market returns. Strong real-time sentiment tends to correlate with gains in the next 24 hours, while a negative sentiment tends to precede losses. “This fact,” the authors write, “speaks to the ability of tweeted sentiment to reflect information that will later be included in stock prices once U.S. markets open.”
Second, and of more interest to economists, the TFSI “correlates highly with market-based measures of financial sentiment.” This includes indicators like bond and corporate bond spreads, as well as survey-based metrics like the Michigan sentiment index.
Potential Uses of the TFSI
This makes the new index a potentially useful tool for monetary policymaking. Based on how people discuss monetary policy and financial sentiment, the authors suggest that the TFSI can help “predict the size of restrictive monetary policy shocks.” In other words, it can “predict the market reaction around the FOMC statement release. We also find that the TFSI worsens in response to an unexpected tightening in the policy stance.”
Essentially, it can help the U.S. central bank measure how much the economy will slow down after it reduces the money supply (typically by raising interest rates).
Of course, there are limits to even the best tools. The TFSI is a new metric, and as such its results are still preliminary. It remains to be seen whether this will remain a valuable tool, especially once social media posters can access the TFSI itself, which could create a sort of feedback loop where index results begins to influence the index’s underlying data.
And the TFSI is a linear tool. It can signal whether people feel good or bad about the market, and the strength of that general sentiment but doesn’t provide context or lateral details such as whether they feel good about some issues and negative about others.
Still, in its early applications, it looks like the TFSI might have found a use for social media after all.
Bottom Line
Federal Reserve analysts have developed a tool for gauging investor and market sentiment around the bank’s policies and pronouncements. Called the Twitter Financial Sentiment Index, it measures the economy by listening to millions of tweets. According to the paper, the tool “helps predict the size of restrictive monetary policy surprises, while it is uninformative on the size of easing shocks,” when the FOMC eases its federal funds rate.
Investing Tips
A financial advisor can help you build a comprehensive investing plan. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investors use a wide range of metrics and indices to make their decisions. Whether you’re buying assets that you’ll hold for years to come or looking to make a profit day trading, it’s worth familiarizing yourself with some of the most common, like the Consumer Price Index.
Eric Reed
Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.
If you have bipolar disorder, you may worry about your chances of getting a reasonable life insurance policy.
Life insurance with bipolar disorder may not be offered at the best rates in some cases, but you will likely not be turned down for insurance because of it.
Bipolar disorder is a common condition, affecting over 5.5 million Americans every year. Because it’s so prevalent in the U.S. there are a lot of insurance companies and agents that have experience working with applicants with the disorder. For anyone with bipolar disorder, it’s important to find one of these companies or agents. A more experienced agent can help you get the best rates, avoid getting rated for the more expensive high risk policies, and walk you through the process
We work with many of the top life insurance companies, such as Banner Life, and can help you get the quotes you need to make the best decision for your needs.
Keeping Bipolar Under Control
There are a number of effective bipolar medications on the market right now. If you are on one and it is keeping your bipolar under control, you can still get a good rate on your life insurance. The dosage that you take and the specific medication will make a difference to some companies, but virtually all of them will approve someone who has bipolar with no other serious medical conditions.
How Does a Life Insurance Company View Bipolar?
When considering whether your condition is under control, insurance companies may look at how your bipolar disorder affects your life. If you are unable to work because of the condition, it may not be considered under control. If you are still searching for a medication that works best for you, the same may be true.
If you are living a normal life with a social life and a job, you can make the case that your condition is under control. Your offers of life insurance with bipolar disorder should reflect the stability of your health.
Getting Approved for Life Insurance with Bipolar is a Possibility
While in the past it was hard for anyone with bipolar disorder to get life insurance, the many medical treatments available today have made the condition much less of an insurance risk. Before you are offered life insurance with bipolar disorder, an insurance company may want to know if you have ever been hospitalized for the disorder and how long you’ve kept your condition under control.
It should be noted that if you were just diagnosed with the condition, it could be difficult to be accepted for life insurance. Companies will want to see a history of safe management and how well you will handle the bipolar diagnosis. If you’ve just been diagnosed and you don’t want to wait on a traditional policy, you can get a no-exam policy and get coverage immediately.
They may also want to know how diligent you are about taking your medications. If you take it as prescribed and have no complications from it, you can expect plenty of competitive insurance offers.
Getting the Lowest Rates with Bipolar Disorder
Always be honest with your life insurance agent. You can tell them about your condition, all of your medications, how often you take it, and the dosages. As long as your condition is well maintained, you’ll receive quotes that are comparative to those with bipolar disorder.
If you’re looking to get the lowest rates possible (and who isn’t?), it’s important to take any medications as often as prescribed. Sticking to the doctor’s orders is not only good for your health, but it’s also good for your wallet.
Because of the emotional strain and stress that bipolar disorder can bring, a lot of people diagnosed with the condition are also smokers. Smoking is not only terrible for your lungs, but can also break your bank account, especially when it comes to life insurance premiums for smokers.
Getting smoker rates for life insurance is going to double or even triple your monthly payments. One of the best things you can do to get lower rates and save money is to kick the bad habit of smoking. Before you apply for life insurance, it’s worth it to take several months or a year to quit smoking and enjoy your savings.
Another way to save money on your policy is to shop around with different companies. A lot of people make the mistake of going with the first company they get a quote from. Before you sign a policy and start paying the premiums, get quotes from several companies. More than likely, the first company that you contact isn’t going to have the lowest insurance rates. Instead of spending hours talking to different agents, let us do the work for you. Simply fill out the form and we will give you the best rates available.
What else impacts your life insurance rates?
Bipolar disorder isn’t the only thing that’s going to have an effect on your plan’s premiums. There are several factors that the life insurance company will look at to calculate your premiums. Things like age, weight, occupation, health, and several more.
With a traditional life insurance policy after you complete the initial paperwork, the company will send a nurse or paramedic to your house to complete a medical health exam. The results from the exam will reflect your overall health and have a huge impact on how much you pay for your policy.
At the health exam, the paramedic will go through family history, a medical questionnaire, and basic vitals like blood pressure. Additionally, they will also take a blood and urine sample.
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Life Insurance and Bipolar Disorder
If you’ve ever been told that you can’t get life insurance because of your disorder, such as Bipolar Disorder, ADHD, OCD, Autism or Aspergers, Cushings Syndrome this couldn’t be further from the truth. Even with bipolar disorder, you can get affordable life insurance coverage that you and your loved ones deserve.
Life insurance is one of the most important purchases that you can make. Don’t let your family be stuck with mountains of unpaid expenses if anything were to happen to you. Losing a loved one is difficult enough without having to worry about bills piling up.
Inside: Are you looking for a remote job? This guide will help you find the best remote jobs for college students, with information on industries, pay, hours, and more.
The internet has made it possible to work from anywhere in the world.
This is great news for college students who want to earn some money while they study.
Back when I was in college, working remotely wasn’t even considered a possibility. But, now, there are a number of online jobs available that are perfect for college students.
In addition, remote jobs are one of the best ways for college students to make money and gain experience.
With a remote job, you can work from anywhere in the world, which is perfect for students who want to travel or live at home with their parents while transitioning to and from a college campus.
There are many different types of remote jobs available, so there is sure to be something that suits your skillset and interests.
In this article, we will explore the best remote jobs for college students.
How can a college student make money remotely?
Remote work has become increasingly popular among college students and for good reason.
Many students today have grown up with technology and possess the skills necessary to excel in remote jobs.
Not only does remote work provide a flexible schedule that can be easily adjusted to accommodate class schedules, but it also offers numerous benefits such as the ability to work from anywhere, reduced transportation costs, and the opportunity to contribute to environmental sustainability by reducing carbon emissions.
Additionally, remote work allows students to earn extra income, potentially reducing their reliance on student loans and minimizing post-graduation debt.
Can I work remotely in college?
Yes! Working remotely in college can be a great way to earn some extra money and gain some work experience.
Remote work has gained immense popularity across the globe, with its adoption nearly doubling since the pandemic.
As college students, you often possess the necessary tools for remote work, such as a laptop, making it a convenient option for them.
This is a great idea if you are looking at how to pay for college without loans.
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.
This is the perfect side hustle if you don’t have much time, experience, or money.
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If you’ve ever wanted to make a full-time income while working from home, you’re in the right place!
This intensive training combines thousands of hours of research, years of experience in growing a virtual assistant business, and the power of a coach who has helped thousands of students launch and grow their own business from scratch.
The 15 best remote jobs for college students
Working remotely is a great way for college students to earn money and gain experience in their chosen field.
Whether you are looking for a way to make some extra money, or maybe you need a flexible job that will fit around your studies. Whatever the reason, there are plenty of remote jobs out there that could be perfect for you.
Also, you can review these non phone work from home jobs for more ideas.
Here are 15 of the best remote jobs for college students.
1. Virtual Assistant
A virtual assistant is one of the best remote jobs for college students due to its versatility and learning opportunities. Plus there are plenty of virtual assistant jobs with no experience out there.
As the demand for remote administrative support services continues to grow, virtual assistants play a crucial role in helping companies and individuals with various tasks. Working from a remote location, virtual assistants provide administrative assistance by handling phone calls, scheduling appointments, managing emails, and more.
By finding a position as a virtual assistant in their desired industry or with a respected professional, students can make their side hustle more beneficial to their future.
Benefits:
Provides an opportunity to gain professional experience and develop essential skills such as communication, time management, and resourcefulness.
Requires quick thinking and the ability to switch between diverse tasks, which enhances cognitive flexibility and adaptability.
Allows students to learn about different industries and gain insights into their chosen career paths.
Pay: Most virtual assistants average about $20 an hour.
2. Online Tutor
Online tutoring is widely regarded as one of the best remote jobs for college students. With its flexibility and convenience, it offers students the opportunity to work from anywhere at their own pace.
Whether they excel in a specific subject or want to gain teaching experience, online tutoring provides a platform for college students to share their knowledge and help others succeed academically.
Benefits:
A high degree of flexibility it offers.
Freedom to choose their own hours, instruction topics, and the number of students they want to work with.
Balance their tutoring responsibilities with their academic commitments, ensuring they can effectively manage their time.
Pay: Although the reported median hourly wage for tutors was $17 an hour. The actual pay can vary depending on factors such as the subject being taught, the level of expertise required, and the platform through which tutoring is conducted.
3. Proofreader
Proofreading is a crucial role in the final stages of the written content production process, making it one of the best remote jobs for college students. A proofreader possesses a keen eye for detail and a strong command of the language, allowing them to identify and rectify errors that may have eluded the writer or editor.
They play a vital role in ensuring the accuracy, clarity, and coherence of written materials across various industries.
Benefits:
Offer the flexibility to work from anywhere, making it ideal for college students who need to balance their studies with work.
Enhances skill development such as language skills, attention to detail, and critical thinking abilities, which are valuable in various fields.
Networking opportunities to build professional connections and expand one’s network.
Pay: The average pay for proofreading jobs is $22 per hour, providing college students with a valuable source of income.
4. Social Media Manager
In today’s digital world, social media has become an essential tool for businesses to connect with their target audience, build brand awareness, and drive engagement. With the increasing importance of social media, businesses are in need of skilled professionals who can effectively manage their social media presence.
This makes the role of a social media manager one of the best remote jobs for college students, providing them with the opportunity to earn money while gaining practical experience in online promotion.
Benefits:
Enjoy being paid to be on your favorite social media apps.
Ideal remote job for college students due to its flexibility.
Gain practical experience in online promotion, which can be valuable for those studying marketing, journalism, or communications. Benefits:
Pay: The pay for social media management can vary significantly, but you can expect $15 an hour to $25 an hour.
5. Freelance Writer
Remote writing jobs are an excellent option for college students looking to earn extra income while honing their writing skills.
As writers, college students have the opportunity to create a wide range of written materials that can be distributed through various channels, such as articles, blogs, website copy, and more.
The demand for remote freelance writers is high, making it a popular choice among college students seeking flexible work options.
Benefits:
Freelancers can work on short and long-term projects.
As long as you have a computer and internet connection, you can work from anywhere.
Showcase writing skills and earn income.
Pay: The pay for freelance writers is by the word (.01-$1.50 per word). With most freelance writers averaging about $29 an hour.
6. Social media influencer
Social media influencers have become a prominent and lucrative career option in today’s digital age.
For college students, becoming a social media influencer can be an excellent remote job opportunity that allows them to leverage their online presence and pursue their passions while earning money.
To stand out as a social media influencer, it’s essential to create content that is visually appealing and captures the attention of your audience. Experiment with different types of content, such as photos, videos, stories, and live streams, to keep your followers engaged.
Benefits:
Be creative, and authentic, and share valuable information or entertainment that aligns with your niche.
Foster a sense of community.
Monetize your social media presence with sponsored posts, brand partnerships, and affiliate marketing.
Offers flexible working hours, allowing you to manage your studies and other commitments effectively.
Provides opportunities for personal branding and networking, which can open doors to other remote job opportunities in the future.
Pay: Potential for high earnings. This is more passive income than an hourly job.
7. Website or App Tester
Website and app testing is a highly sought-after remote job option for college students due to its flexibility and the opportunity to gain valuable experience in the tech industry.
As designers and developers strive to create the best user experience possible, they often hire individuals to find bugs and issues in their websites and apps. The role of a website or app tester is crucial in ensuring the functionality and usability of these digital platforms.
This feedback is invaluable for designers and developers as it allows them to make necessary improvements and optimize the performance of their websites and apps.
Benefits:
Excellent opportunity for college students to develop and showcase their skills in a professional setting.
Gain practical experience in the tech industry while balancing their academic commitments.
The flexible hours offered by these remote positions allow students to work at their own pace and manage their time effectively.
Pay: Platforms like UserTesting offer a payment of $10 per website tested. You can also find remote hourly wages ranging from $12 an hour to $16 an hour, with potential bonuses based on quality and productivity goals.
8. Video Editing
With the increasing demand for video content across various platforms, video editors play a crucial role in creating engaging and impactful visuals. This profession offers the opportunity to work from anywhere, making it ideal for college students who may have limited availability or prefer a flexible work schedule.
By adhering to the overall video brand messaging strategy, you can shape the final product and captivate the audience. This creative aspect of video editing allows college students to explore their artistic talents and develop their skills in storytelling and visual communication.
Benefits:
One of the key advantages of video editing as a remote job is the ability to work from any location.
Provides a platform for creative expression.
Video editing is a profession that is in high demand.
This high demand translates to a wide range of job opportunities and the potential for steady work, even for college students.
Pay: When it comes to money, beginner video editors can typically charge up to $45 an hour. However, it’s worth noting that rates can vary depending on factors such as experience, the complexity of the project, and client’s budget.
As college students gain more experience and build a strong portfolio, they can potentially increase their rates and earn a higher income from video editing projects.
9. Remote Research Assistant:
Many professors and researchers hire remote research assistants to help with data collection, literature reviews, and other research tasks. This type of job requires strong research and analytical skills, as well as the ability to work independently.
As a research assistant, you will have the opportunity to delve deeper into a specific subject or area of interest.
This can be particularly beneficial if you are considering pursuing further education or a career in that field. By immersing yourself in research projects, you will gain a comprehensive understanding of the topic and develop expertise that can set you apart from others.
Benefits:
Opportunity to work closely with experienced researchers and professionals in your field of interest.
Gain valuable insights, knowledge, and skills that can enhance your academic and professional development.
Learn research methodologies, data analysis techniques, and critical thinking skills that are highly transferable to future career opportunities.
Hands-on experience in conducting research projects.
Build a network of professional contacts in your field.
Depending on the nature of the research projects you are involved in, there may be opportunities to contribute to academic publications or presentations. This can be a significant achievement that adds to your academic portfolio and demonstrates your research skills to potential employers or graduate school admissions committees.
Pay: Compensation for remote research assistant positions varies depending on the project and the level of responsibility. This is a great way to be paid to go to school.
10. Audio Transcription
Audio transcription is a popular remote job for college students that involves listening to audio files and accurately transcribing the spoken content into written form. Additionally, it provides an opportunity to develop valuable skills such as speed and accuracy in typing, excellent listening skills, and efficient time management.
Determine the type of transcription work you want to specialize in, such as technical legal transcription or educational podcast transcription. This will help you target specific clients and tailor your skills accordingly.
Benefits:
Offers flexibility in terms of scheduling, allowing students to work around their classes and other commitments.
Opportunity to develop valuable skills such as listening, typing, and time management, which can be beneficial in various professional settings.
Create a portfolio showcasing your transcription skills and experiences.
Pay: Transcription can be a well-paying job, with freelancing gigs offering up to $0.36 per minute of transcribed audio.
11. Data Entry
Data entry is a popular remote job option for college students due to its flexibility and convenience.
This role involves managing electronic data by entering and updating information in computer systems. It is a job that can easily be done remotely, allowing students to work from the comfort of their own homes or dorm rooms.
However, it is important to be cautious when seeking data entry jobs online to avoid scams.
Benefits:
Minimal specialized skills are required.
Data entry skills can also be beneficial for future career opportunities.
Employers often value individuals with data entry skills, as it showcases their ability to handle and organize large amounts of information accurately and efficiently.
Valuable experience in working with digital documents and databases.
Pay: The average pay for data entry is $18 an hour.
12. Virtual Recruiter
A virtual recruiter is a professional who is responsible for posting online job advertisements and searching for potential candidates to fill various positions.
This remote job opportunity can be particularly beneficial for college students as it offers flexibility in terms of working hours and allows them to gain valuable experience in the field of recruitment while still pursuing their education.
Benefits:
Collaborating with hiring managers and clients to understand their specific requirements and preferences for potential candidates.
This role provides hands-on experience in recruitment, which can be beneficial for your future career in HR or related fields.
Building relationships with candidates, hiring managers, and clients can expand your professional network and open doors for future opportunities.
Pay: The average pay for virtual recruiters is around $20 to $30 per hour, providing the potential for a lucrative income.
13. Blogger
College students can create their own blogs and build an audience by regularly posting content in a unique niche.
While this may not be the easiest route to make money fast, it provides an opportunity to showcase writing skills and develop a cohesive writing style. Once a blog gains a solid stream of visitors, it can be monetized through ads and affiliate links.
However, you will be starting a small online business which has its perks.
Benefits:
This is 100% passive income.
Works as much as you want or as little as you want on your site.
A simple way to help your readers while making money.
Your site can grow as you graduate college until you decide to sell it.
Pay: Various based on traffic and monetization. But it is an easy way to invest $100 to make $1000.
14. Course Creator
As a course creator, you have the chance to teach others about a topic or course that you are passionate about while earning a steady passive income. This job allows you to create online tutorials or how-to videos to educate and engage students from all over the world.
You will be responsible for creating and managing the content on your website and other online platforms. This includes developing blog posts, videos, podcasts, and other educational materials to enhance the learning experience for your students.
Make use of hosting platforms like Thinkific, Teachable, or Kajabi to facilitate easy access to course-related information for your students. These platforms offer features such as course management, student progress tracking, and payment processing, making it convenient for both you and your students.
Benefits:
Opportunity to earn a steady income while pursuing your passion and sharing your knowledge with others.
Working remotely offers flexibility in terms of working hours, allowing students to manage their time effectively and balance their studies with their job.
Gain valuable experience in content creation, marketing, and online teaching, which can greatly enhance their resume for future career opportunities.
Pay: This is a passive income job where you will put the work in upfront and have less ongoing maintenance to run your course.
15. Stock Trader
Stock trading is a lucrative and dynamic field that offers college students the opportunity to work remotely and earn a substantial income. With the rise of online trading platforms and the increasing popularity of investing, stock trading has become a highly sought-after skill in today’s market.
Honestly, I know more and more high school students waiting to turn 18, so they can start life as a stock traders.
As a stock trader, you will be responsible for buying and selling stocks, bonds, and other financial instruments for your own portfolio. This role requires a combination of analytical skills, market knowledge, and the ability to make quick decisions under pressure.
Continuous learning and staying updated on market trends and strategies are crucial to staying competitive in this field. I highly recommend taking the Trade and Travel course to learn the basics of stock market investing.
Successful traders can earn substantial profits, but it is important to note that trading also involves the risk of financial losses.
Benefits:
Stock traders have the potential to earn significant income through their trading activities. Learn how fast you can make money in stocks.
Flexibility to trade before class and work from anywhere with an internet connection.
Opportunity to work independently and be your own boss, setting your own schedule and goals.
However, it is important to acknowledge the challenges that come with being a stock trader. The stock market is highly volatile and unpredictable, requiring constant monitoring and adaptation to changing market conditions.
Pay: Various significantly with your profit /loss ratio. But, a great way to make $1000 a day.
16. Customer Service Agents
Customer service agent remote jobs are a great option for college students looking to gain work experience while studying. These jobs allow students to provide excellent customer service from the comfort of their own homes, offering flexibility and convenience.
Remote customer service agents interact with customers through various communication methods such as phone, chat, and email. They answer customer questions, solve problems, and direct customers to the appropriate resources when needed. These jobs can be done part-time, making them ideal for students with busy schedules.
Benefits:
Require little experience or education.
Develop valuable skills such as communication, problem-solving, and time management.
Showcase their communication skills to future employers, which is a highly desirable quality in any job.
Pay: Earnings can range from $10 to $25 per hour, depending on the role and experience.
17. Photography
Photography is a form of artistic expression that allows college students to showcase their creativity.
You can experiment with different styles, compositions, and subjects to capture unique and visually appealing images. This creative aspect of photography can be fulfilling and enjoyable for college students who have a passion for visual arts.
Benefits:
Choose when and where to take photos, giving them the freedom to balance their academic and personal lives effectively.
Build a portfolio of their best work. A strong portfolio can open doors to more significant opportunities in the future, such as exhibitions, collaborations, or even full-time photography careers.
Earn income while honing their skills in product, stock, or event photography.
When stock images are licensed, earn passive income from the sales.
Pay: When it comes to pay, the average rate for a photographer is $24 per hour. However, it’s important to note that pay can vary depending on factors such as experience, location, and the type of photography gig.
18. Virtual Internships
Virtual internships provide valuable work experience and allow you to gain industry-specific skills while working remotely. Many companies offer virtual internships in fields like marketing, finance, and technology.
Having an internship in the field you want to pursue is an invaluable opportunity to gain practical experience and enhance your career prospects.
Additionally, virtual internships can provide you with a unique perspective on the field you want to pursue (and if you still want to pursue it).
Benefits:
Gain relevant work experience in your desired career field.
Practical experience will not only enhance your understanding of the industry but also demonstrate your competence and dedication to potential employers.
Greatly strengthen your resume.
Build a network of contacts in your desired field.
Pay: These internships may be paid or unpaid, but the experience and connections you gain can be invaluable for your future career.
Looking for Online Summer Job?
There are a plethora of online summer temporary jobs available for college students. You just have to decide what is interesting for you to do.
Also, think about ways you can build your resume for future employment after graduation.
If I could go back to college, I would focus on learning how to make your money work for you. That is one of the best life skills you can truly understand.
This list above has plenty of options for you to consider.
Are you passionate about words and reading?
If so, proofreading could be a perfect fit for you, just like it’s been for countless of readers! Learn how you can create a freelance business as a proofreader.
Check out this free workshop!
Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.
Find out TODAY if this is THE business you’ve been looking for.
FAQ
Many colleges and universities have career centers or job boards that specifically cater to remote job opportunities for college students.
Networking is crucial for college students when it comes to finding remote job opportunities. Reach out to your professors, classmates, and alumni who may have connections or knowledge of job opportunities.
This is smart if you want to know how to move out at 18.
Remote work requires a unique set of skills that allow individuals to effectively perform their job duties from a distance. In order to succeed in a remote job, college students should possess the following skills:
Time management: Remote work often provides flexibility in terms of scheduling, but it also requires individuals to manage their time effectively. College students need to be able to prioritize tasks, set deadlines, and stay organized to ensure they meet their work obligations.
Communication skills: Since remote work involves limited face-to-face interaction, strong communication skills are essential. College students should be able to effectively communicate through various channels such as email, instant messaging, and video conferencing.
Self-motivation: Working remotely requires a high level of self-discipline and motivation. College students need to be able to stay focused and productive without direct supervision. They should have the ability to set goals, stay on track, and meet deadlines without constant oversight.
Adaptability: Remote work often involves working with different tools, technologies, and platforms. College students should be adaptable and willing to learn new software or applications that are necessary for their role.
Problem-solving: Remote work may present unique challenges and obstacles that require critical thinking and problem-solving skills. College students should be able to analyze situations, identify potential issues, and come up with innovative solutions. This skill is particularly important when faced with technical difficulties or communication issues.
By honing these skills, college students can position themselves as valuable assets to remote employers and increase their chances of securing remote job opportunities.
When you’re applying for remote jobs, most of the time your potential employer will want to see some kind of portfolio that showcases your skills and experience.
You can create a portfolio by using a free online portfolio builder or by creating your own website.
With a visually appealing and user-friendly portfolio, you can make a lasting impression and increase your chances of landing your dream remote job.
Which Online Jobs for College Students Are Interesting To You?
There are a lot of great remote jobs for college students out there!
With a little bit of research, you can find the perfect job for your skills and interests.
Be sure to consider the pay, hours, and industry when you are looking for a remote job as well as career advancement.
For many students, working in college is a must! Because you know how to pay for college without parents is hard.
So, use these ideas to find the right job for you whether it is part-time or full-time.
And if all else fails, check out this list of low-stress jobs that pay well without a degree.
Know someone else that needs this, too? Then, please share!!
If you’ve searched for an international flight in the past year, you might’ve seen new airlines at the top of the results offering international flights for a fraction of the cost of traditional full-service airlines.
Say hello to the newest generation of low-cost carriers. Airlines such as Norse Atlantic Airways, Play, French bee and Zipair are now flying to the U.S., offering long-haul flights to Europe and Asia.
You might think a 6-hour (or longer) flight across an ocean isn’t where you want to go cheap and the online reviews might be enough to give you nightmares without even flying. But, depending on the type of trip and traveler, these low-cost airlines might fit the bill.
It’s hard to argue with the cost
The first reason anyone might consider flying with these airlines is the cheap airfares. Low-cost airlines have a bad reputation because of their endless add-on fees for baggage, seat selection, food and drinks. But even when you include those extra fees, low-cost carriers may still be the cheapest option.
Brett Bernstein, founder of Gatsby.ai, an ambassador marketing software company based in San Diego, and his wife were searching for flights back from their honeymoon in Paris last December. The couple ultimately decided to fly French bee because it was about a third of the price of other flights.
“It was $400 and change per person,” Bernstein says of his one-way flight. “And when I was looking to buy a flight on a different airline, it was like $1,500 a person.”
And he was pleasantly surprised. French bee flies out of Paris-Orly Airport, a smaller and older airport than Charles de Gaulle Airport, but it was easier and quicker to get to.
The seat was about as big as other airline seats and had a seatback screen loaded with plenty of entertainment options. Bernstein paid for a fare that included a carry-on, checked baggage and a meal. If anything, the most remarkable thing about the flight was how unremarkable it was.
“The thing about flying is it’s a commodity,” Bernstein says. “Like once you arrive there, you really don’t care how you got there as long as it’s safe,” and you’re comfortable.
Low-cost carriers are held to the same safety standards
Bernstein was concerned enough about the safety of flying on a low-cost carrier that he had researched the issue beforehand. But it’s worth noting that budget carriers don’t cut corners on safety.
The Federal Aviation Administration ensures that any international carrier flying into the U.S. meets international safety standards.
Katy Nastro, a spokesperson for Going.com, a travel deals website, also pointed out that newer low-cost airlines typically have newer planes with updated equipment, since they lease or acquire new aircraft.
“These planes could potentially be nicer than some of the legacy carriers’ big jets that they’ve been flying for 20 years that they’ve just been retrofitting,” Nastro says.
Tips for booking, flying with a low-cost airline
Still, you should go in knowing what you paid for. Even with newer planes, you might not get the same amenities as you would on a full-service carrier, particularly for business class. Here are some tips to keep in mind:
Know the cancellation policies. Many low-cost airlines don’t offer refunds on their lowest fares, so book only if you’re confident you’ll take the flight.
Look for low-cost carriers with airline partnerships for more reliability. Low-cost carriers that are subsidiaries of more prominent airlines usually share the same customer service, so getting help with your booking may be easier. If your flight is canceled, you’ll also want to ensure the airline has codeshare partners to help you rebook.
Beware of fees. Ensure you include the add-on fees, such as bags and seats, when comparing costs across airlines.
Read the restrictions. Low-cost airlines often have more stringent rules on the size of your luggage or check-in times. You may be forced to pay extra for a bag that’s just a bit too big or be unable to board your flight if you miss the check-in time.
Bring your own food and entertainment. Depending on the airline, you might not get seatback screens, Wi-Fi or complimentary drinks or snacks.
What low-cost airlines mean for international travel
The proliferation of low-cost airlines is expected to continue to grow. For example, Fly Atlantic, a Belfast-based airline, is expected to sell low-cost transatlantic flights in 2024. The global low-cost airline market, which was valued at more than $190 billion in 2022, is projected to reach more than $302 billion by 2030, according to data from Contrive Datum Insights, a market research firm.
But more low-cost airlines are good for consumers, even those who don’t fly on them.
“People love to hate on budget airlines, but at the same time, the reason that we can get affordable airfare, in general, is because of budget airlines,” Nastro says. “More competition actually puts pressure on those legacy carriers.”
Being a parent can be one of the most rewarding and difficult times of your life.
You’re no longer responsible for just yourself, but for the life of your child as well. This brings a lot of new worries and aspects that you had never thought of before.
We quickly found that out with our first child and was then reinforced with our second and third.
Buying life insurance can help make that time a little easier, whether you want to leave something behind for your family when you’re gone or need to secure a policy for your children. Knowing what kind of policy you need is invaluable to ensuring that you have exactly what you need for the years ahead of you, whether your children are still at home or have left the nest.
Life Insurance For Your Adult Child
Even when a child turns 18, financial responsibility doesn’t end for the parent, especially so for those with college-bound children. When they’re out on their own, it’s more important than ever to have a life insurance policy ready. Term life policies are basic and always good for children leaving home for the first time.
With a term life policy in place they can change to a permanent policy when they find a career and can begin paying the premiums on their own. Whole life, universal life, and variable universal life policies can also be helpful, and some companies will allow you to change the policyholder from yourself to your child. Handing over control of your child’s life insurance policy to them is a great way to teach them about being responsible with a policy, something that you might need one day.
If you’re looking to apply for an insurance policy for your adult child, there are several different things that you should talk about first. Sure, it probably isn’t going to be the most fun conversation, but it’s an important one to have. Before you take out the policy, discuss the different life insurance options such as whole life vs term life with your child. Talk about the pros and cons of a term versus a whole life insurance. Get their input on the decision, because more than likely they will be paying for the plan eventually.
In most cases, a term insurance policy is going to be the cheapest, especially for your college-aged kids. Because most young adults are in excellent health with no health conditions, they pose very little risk to the insurance company. With most insurance policies, you’ll be able to get a plan for your child for less than $20 a month, maybe even $10. Sounds like a great investment for the peace of mind it will bring.
Retirement brings both benefits and drawbacks, and makes getting life insurance more difficult than before. Thankfully, your child can purchase a policy on your behalf. Most companies simply require them to fill out an application and a medical examination before you can be insured, and there are a number of policies available for accepted applicants.
The medical exam isn’t as scary as it sounds. The insurance company will send out a paramedic to take basic vitals like your weight, blood pressure, a blood sample, and a urine sample. You will also have to answer a health questionnaire. These questions will be basic questions about your health and any chronic conditions that you may have and also about your family history. The medical exam will have a significant impact on the monthly premiums of the life insurance policy.
In this case, since the policy will be for your parents, the insurance company will require that your parents take the medical exam. If they have any chronic health conditions or diseases, it could cause your monthly premiums to go up. If their health is poor, you can always go with a plan that doesn’t require a health exam. These plans are more expensive, but just about anyone can be accepted.
Term life, universal life, and whole life policies are all fantastic choices for children that are looking at life insurance policies for senior parents. A term life policy can help for short periods of time, and will save money; whole and universal life policies are still permanent, covering the insured client until the day they pass on.
If you’re looking to save money, term life insurance is probably the best option, but be warned, it is only effective for the listed time, after that you’ll no longer have coverage on the insured person. You will pay more for whole life, but a lot of consumers enjoy knowing that the plan will never expire and they will always have life insurance coverage.
All of these policies are a great way to cover any expenses left behind in case of a tragedy. Without one of these policies you could be left with thousands of dollars in unpaid debt. Losing a parent is a difficult time to get through, don’t make it worse on yourself by having piles of bills that you have to pay for.
Deciding How Large of a Policy you need
After you decide what type of policy you’re going to purchase as well as the life insurance company, it’s important to decide how much you’ll need. You need to find a balance of having enough coverage and not paying too much in monthly premiums. The best way to do this is to talk with your parent about how much debt they would leave at their passing. Things like mortgages, car payments, credit card bills, funeral costs, etc. should all be calculated to see how large of a policy you’ll need to apply for.
If anyone relies on the income of the insured person, you should also take that into account. If your parents are still working and the other spouse needs that income to survive, you should calculate the annual income with the life insurance policy.
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Term Life For Parents
Choosing the right type of policy can be difficult, and many factors should be taken into account, though most companies will approve a $100,000 policy with no difficulties, a more expensive policy will require justification,which they call “insurable interest”. As the child of the parent, showing this interest will be simple and you shouldn’t have any problem. You only have to show that you would suffer financially if the insured person were to die, in this case, you would because of having to pay the final expenses.
Whether you’re searching for a policy for your child, or helping your child find one for you, life insurance for parents is an important aspect of life that will always come into play.
Getting Lower Life Insurance Rates
If you’re looking to get the lowest life insurance rates (and who isn’t?), then there are a few things that you can do to make sure you’re getting the most for your money. The easiest way to save money on the policy is to get the plan from the insurance company that you already hold plans with. Having more than one plan with the same company tends to get you a multi-policy discount. The more policies you have, the more you save. The company that you already have policies with should be the first place you start when looking to buy an insurance policy for your parents.
With that being said, don’t automatically purchase a policy from the company you already know. Even with the multi-policy discount, there could be lower rates available for you and your loved ones. Shopping around for your policy is an excellent way to ensure that you’re getting the most bang for your buck. Because each company is different, they all will have different rates for your policy. Each of them has different standards for their policies.
Life Insurance for Parents
Life insurance is an important purchase in all stages of life. If you’re planning on buying a policy for your child or a parent, it’s a great way to provide security and peace of mind for you and your loved ones.
Every year we hear countless stories of parents and children that lost a loved one. These stories are difficult to hear, but not having life insurance make those times even more difficult. Not only are you emotionally strained because of the recent loss, but all of a sudden you’re financially strained. The bills keep piling up and you have no way to pay for them.
Sure, nobody wants to think about the awful things that could happen to your or your family, but discussing these difficult topics is one of the best things you can do