7 Things to Know Before You Start Biking to Work

When I learned that the cost of my monthly parking garage pass was more than doubling to $75 a month, I balked. Seventy-five dollars a month just to babysit my car while I’m at work?

So one muggy morning, I decided to give bike commuting a shot. I didn’t plan my route. Or my outfit. Or take my bike for a test ride, even though I hadn’t ridden it in months. Hey, what could go wrong in 2 miles?

I took my usual route to work — a busy street with no bike lanes and a rickety sidewalk where cyclists aren’t exactly welcome in the traffic lanes. Funny what you don’t notice from your car.

My dark jeans and black tunic were drenched in sweat less than a mile into my ride. Not a great choice of biking attire for mid-90s temperatures.

But it wasn’t just the end-of-summer heat that was making me sweat. I felt like I was biking uphill — and I live in Florida. I asked myself: Was biking always this hard? Have my leg muscles atrophied?

Then a guy standing at a bus stop pointed out the obvious: My tires needed air.

7 Tips for Anyone Who Wants to Start Biking to Work

I survived the 2-mile ride to work. Then I Ubered home that afternoon.

A few days later, temperatures dropped slightly, and a helpful co-worker put air in my tires. I decided to give bike commuting another try — if only to get my bike home. This time, I planned my route and took a street with bike lanes.

Since then, I’ve become an avid bike commuter. I love that I get to exercise during my commute, and I’m also saving money. Since I live close to work, my savings on gas are minimal, but I have been able to ditch the $75-a-month parking pass. Plus, I’m less prone to after-work impulse buys. If I stop at the grocery store after work, I’m limited to what I can fit in my bike basket.

Want to try biking to work? Here are a few tips I wish I had known before I tried bike commuting.

1. Do a Weekend Test Run

It’s great when you can figure out things — like that your route of choice doesn’t have bike lanes or your tires need air — when you’re not pedaling furiously to a meeting at rush hour.

Test out your commute by doing a practice run during the weekend. You may be surprised by just how bike-unfriendly your normal route is.

Make sure to wear your work attire if you plan to ride in the same clothing you wear during the day. Seeing just how much you sweat could change your mind.

2. Dry Shampoo Is Your Friend

Wearing a helmet is nonnegotiable whenever you ride your bike, OK? So that means helmet hair is something you’re going to have to deal with.

Dry shampoo comes in handy when you need to freshen up to make yourself presentable for the office.

A woman waits to ride a cross a busy road while bike commuting.
Robin waits her turn to cross a busy road on her way to work. Chris Zuppa/The Penny Hoarder

3. Plan Your Outfit Around Your Commute

Riding your bike to work is a lot easier when you don’t have to do a complete change of costume when you get to the office. Opt for lightweight, breathable fabrics like cotton or linen to minimize sweat during your ride. If you wear skirts or dresses, throw on a pair of bicycle shorts or leggings underneath. (Long skirts and dresses are best avoided, though.)

Keep a spare shirt handy in your backpack in case you sweat more than usual or you ride through dirt or dust. (It happens.)

Pro Tip

If you need to pack your clothes and change at the office, a travel-size bottle of wrinkle spray comes in handy. No, your outfit won’t look freshly pressed, but it will smooth things out a bit.

4. Lighten Your Load Already

You’re saving money by bike commuting. But unless you want to fork over that money and then some to your chiropractor, keep your backpack as light as possible. Investing in saddlebags or a bike crate will be well worth it if you have lots of stuff to cart to and from work.

5. Ask Your Employer for Storage Space

Bikes are best stored indoors, where they’re less likely to get stolen. Plus, they’re more likely to rust when exposed to rain or snow.

Here at The Penny Hoarder’s headquarters in St. Petersburg, Florida, we’re lucky to have a passcode-protected bike closet. If your workplace doesn’t have a designated space for bikes, ask your employer to create one — or at least if there’s an acceptable place that you can stash your bike.

If that’s not possible, keep your bike locked up in a busy area with two different types of locks.

Pro Tip

Your car isn’t the only thing that needs a tune-up: Your bike should get a tune-up anywhere from every few months to once a year, depending on how much you ride. Expect to pay $30 to $80.

6. Be Prepared for Bad Weather

Here in Florida, storms are a bit unpredictable. I keep a kid-size poncho in my backpack that I can pop out if it starts to drizzle. The kid-size part is key because it’s short enough that it doesn’t get in the way of pedaling.

Obviously, when there’s lightning or extreme weather, you shouldn’t be biking. So have a backup plan for the days that you aren’t able to bike to work.

Make sure you know of a parking option that doesn’t require a monthly pass, a bus route that’s close to your office or a co-worker who can give you a ride. Otherwise, you’ll need to work the occasional Uber or Lyft into your budget.

7. Don’t Give up Your Parking Pass… Yet

So you’ve had your first successful bike commute? Congrats!

Still, hang onto your parking pass for at least a couple weeks. It’s great when bike commuting happens without a hitch. But what happens when you’re running late, you have a doctor’s appointment before work or you need to run home at lunchtime?

Once you’ve experienced a few disruptions to your regular routine, you can better assess whether giving up parking is feasible.

Is Bike Commuting for You?

This isn’t really an if-I-can-do-it-anyone-can type of thing. There are a lot of reasons bicycle commuting has worked for me:

I have a flexible schedule. I only work daylight hours. My workplace is casual. I live and work in a bike-friendly pocket of St. Petersburg, Florida, which means I don’t have to deal with snowstorms and subzero temperatures. I don’t have kids to shuttle to and from school or day care. Most importantly, I feel safe bike commuting.

If you want to try it, commit to doing it three or four times over the next months. Take it from me: Your first try may not go perfectly. But after three or four times, you’ll get the hang of it.

What if you hate it? Then it’s probably not worth whatever money you save. Your ideal commute is one that doesn’t leave you frazzled before you’ve even gotten to work.

But don’t be surprised if you get hooked. I find my workdays a lot more enjoyable when they start and end with a bike ride instead of circling a dusty parking garage. And the $75 I’m saving is a pretty sweet bonus.

Robin Hartill is a certified financial planner and a senior writer at The Penny Hoarder.  She writes the Dear Penny personal finance advice column. Send your tricky money questions to [email protected] or chat with her in The Penny Hoarder Community

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Source: thepennyhoarder.com

Not Bad! ‘Cash me Outside’ girl Bhad Bhabie is the proud new owner of this $6.1M Florida mansion

For Danielle Bregoli, a.k.a. Bhad Bhabie, her fifteen minutes of fame have proven to be extremely lucrative.  

When the Florida native appeared on an episode of Dr. Phil as a ‘difficult’ teen daughter, she became a viral sensation — and she’s been laughing all the way to the bank ever since.

Six years after her television debut, she’s a recording artist and social media influencer with an estimated net worth of $20 million.

close-up of Bhad Bhabie
 American social media star and rapper Danielle Bregoli aka Bhad Bhabie. Photo credit: Carlos Darder courtesy of the star’s publicist.

And she’s been investing some of her fortune in the Florida real estate market. 

Here’s the full scoop on the ‘cash me outside’ girl’s budding real estate portfolio — recently grown by the addition of a stunning $6.1 million Florida mansion.

Who exactly is Bhad Bhabie? And what did she say?

In 2016, Bhad’s mother Barbara Ann pleaded to her daughter on Dr. Phil in a segment titled, “I Want to Give Up My Car-Stealing, Knife-Wielding, Twerking 13-Year-Old Daughter Who Tried to Frame Me for a Crime.” 

Then named Danielle, the 13-year-old grew irritated by the audience laughing at her teenage antics, and she addressed them with a saying that would make her millions: “Cash me ousside, how bout dah.”

Translation: “Catch me outside, how about that,” meaning let’s take this outside the studio and engage in a physical fight.

Soon after the segment, “Cash me ousside, how bout dah” became a viral meme, and Danielle became known as the “‘Cash Me Outside’ Girl.”

As the catchphrase grew, the clip was recorded by DJ Suede The Remix God and entered in the Billboard Hot 100, Streaming Songs and Hot R&B/Hip-Hop Songs charts.

From there, the song led to a series of dance videos that were uploaded onto YouTube and she was nominated for the 2017 MTV Movie & TV Awards in the “Trending” category based on the catchphrase. 

Living the American dream

It pays off to be a teen with attitude (and poor pronunciation).

That trending catchphrase was the start of a multi-million dollar online career for the now 19-year-old.

Bhad Bhabie in front of her new house with her luxurious car, a Bentley Flying Spur worth over $200k.
Bhad Bhabie in front of her new house with her luxurious ride, a Bentley Flying Spur worth over $200k. Photo courtesy of the star’s publicist.

In early 2017, Danielle was signed by music manager Adam Kluger and she released her first single These Heaux (pronounced hoes) in August.

Reaching number 77 on the Billboard Hot 100, the single made her the youngest female rap artist to debut on the music chart.

From the success of These Heaux, Atlantic Records signed Danielle to a multi-album recording contract. 

Meanwhile, she changed her name and her social media presence was increasing at a rapid rate.

From her Snapchat reality show Bringing up Bhabie, to her extremely successful OnlyFans account, to launching her own record label, Bhad Bhabie has earned millions in brand deals with online retailers such as Fashion Nova and CopyCat Beauty.

And worldwide, her music has been streamed over 1.5 billion times. 

Not bad, Bhad Bhabie!

Bhad Bhabie’s new house & budding real estate portfolio

Bhad Bhabie is proving to be much more than the ‘cash me outside’ girl.

As it turns out, she’s pretty good at managing (and investing) her money.

Exterior of Bhad Bhabie's house in Boca Raton, Florida
Bhad Bhabie’s house in Boca Raton, Florida. Photo courtesy of her publicist.

While she leases a mansion in Los Angeles, she is the owner of two homes in Boca Raton, Fla.

Currently, she owns a five-bedroom, seven-bathroom estate that is on the market for $3.67 million, New York Post reports.

And in March 2022, she coughed up some serious cash for her latest luxurious home in the same upscale Florida neighborhood.

the living room inside Bhad Bhabie's house
The living area in Bhad Bhabie’s house in Boca Raton, Florida. Photo courtesy of her publicist.
Dining area of Bhad Bhabie's house in Boca Raton, Florida.
Dining area of Bhad Bhabie’s house in Boca Raton, Florida. Photo courtesy of her publicist.
The ultra-luxurious kitchen inside Bhad Bhabie's house in Boca Raton, Florida.
The ultra-luxurious kitchen inside Bhad Bhabie’s house in Boca Raton, Florida. Photo courtesy of her publicist.
Every successful self-made woman needs a perfectly appointed home office, and Bhad Bhabie's is flawless.
Every successful self-made woman needs a perfectly appointed home office, and Bhad Bhabie’s is flawless. Photo courtesy of her publicist.

Shelling out a whopping $6.1 million in cash, the 19-year-old internet sensation is the mortgage-free owner of an ultra luxe mansion in one of the swankiest ‘hoods in the sunshine state.

Spanning 9,288 square feet, the dope digs include seven bedrooms and seven bathrooms.

The primary bedroom inside Bhad Bhabie's house in Boca Raton, Florida.
The primary bedroom inside Bhad Bhabie’s house in Boca Raton, Florida. Photo courtesy of her publicist.
Elegant bathroom with seating area and walk-in shower.
Elegant bathroom with seating area and walk-in shower. Photo courtesy of the star’s publicist.
The generous walk-in closet inside Bhad Bhabie's house in Boca Raton, Florida.
The generous walk-in closet inside Bhad Bhabie’s house in Boca Raton, Florida. Photo courtesy of her publicist.

Built in 1983, the “modern 2020 completely redone estate” is located in a gated Palm Beach County community on an acre of land,  New York Post reports.

Bhad Bhabie’s house features a two-story guest house, hurricane impact windows and porcelain tiles throughout.

The eat-in chef’s kitchen offers a walk-in pantry and top-of-the-line appliances, and the primary bedroom boasts three large walk-in closets and an outside Jacuzzi area.

Some of  the other luxurious amenities in the smart home include a billiard/club room, a dry sauna, a wine storage space, a stunning outdoor pool and a five-car garage.

The pool area of Bhad Bhabie's new house.
The pool area of Bhad Bhabie’s new house. Photo courtesy of her publicist.

How Bhad Bhabie customized her house to suit her perfectly

And the rising young star has truly made it her own.

When decorating her new million-dollar abode, Bhad Bhabie put her love of luxury brand Channel on full display, draping her massive bed in fashionable bedding, and stocking her ultra-generous closet space with bags and luxury accessories from the same leading brand.

Inside Bhad Bhabie's ultra-stylish Chanel-branded bedroom.
Inside Bhad Bhabie’s ultra-stylish Chanel-branded bedroom. Photo courtesy of her publicist.
Inside Bhad Bhabie's ultra-stylish Chanel-branded bedroom.
Inside Bhad Bhabie’s ultra-stylish Chanel-branded bedroom. Photo courtesy of her publicist.
bhad bhabie's closet full of chanel bags
The social media star/rapper has lined up her impressive luxury bag collection in the generous walk-in closet of her new mansion. Photo courtesy of the star’s publicist.

Taking advantage of the many parking spaces on the premises, she lined up her collection of luxury cars in front of her newly purchased manse.

The Sun reports that Bhad Bhabie has an impressive $450,000 car collection including a Bentley Flying Spur and luxury Jeep Grand Cherokee. She started collecting luxury cars since she was 14 years old, with the first upscale piece — a white Porsche Panamera 4S Hybrid — costing her a cool $90,000.

A photo of Bhad Bhabie and her impressive luxury car collection.
A photo of Bhad Bhabie and her impressive luxury car collection. Photo courtesy of the star’s publicist.

Now, if the budding star will be growing her real estate portfolio in the same way she’s been adding to her car collection, we expect to continue writing about her new purchases for years to come. And we’re here for it!

More stories you might like

Grammy Award Winner Doja Cat Lives in a $2.2M Beverly Hills Home With Distinctive Flair
Where Will Rihanna Live After the Baby Comes? Her Beverly Hills Farmhouse is a Strong Contender
Post Malone’s $3 Million Utah Compound Doubles As a Doomsday Bunker
Celeb Spotlight: Cardi B’s House in Atlanta is Pure Old-World Luxury

Source: fancypantshomes.com

Corporate Social Responsibility (CSR), Explained

Corporate social responsibility, or CSR, is a type of self-regulation that a business uses to enhance the well-being of communities and society through ethical, environmental, and social measures.

By investing in companies that practice CSR, investors have the opportunity to use their own wealth-building strategies to make a positive impact on the world.

What is Corporate Social Responsibility?

Corporate social responsibility (CSR) refers to a company’s dedication to establishing business decisions that positively impact society. Usually, these business decisions support socially responsible movements, like environmental sustainability, ethical labor practices, and social justice initiatives.

Ideally, CSR strategies work in tandem with the traditional business objectives of hitting revenue and profit goals, and other metrics investors may find on a financial statement.

There is no codified set of standards that explain corporate social responsibility. Companies choose to enact CSR policies on their own initiative. It can take many forms depending on a company or an industry, but generally, CSR policies promote economic, social, and environmental sustainability.

However, the International Organization for Standardization (ISO) released guidelines for corporate social responsibility in 2010. Known as ISO 26000:2010 , these guidelines are suggestions, not requirements, that can help put companies on track to further CSR principles.

Why CSR Is Important

Corporate social responsibility is important because companies can use their financial position and operations to build more ethical business models and a better world. When the companies enact socially responsible policies prosper, those practices become more commonplace and widespread.

Additionally, investors increasingly focus on more than traditional business valuation methods when making investment decisions. Investors want to put money into companies that support socially responsible movements, so they may be attracted to companies with CSR policies.

In other words, investing in companies that practice corporate social responsibility gives investors the chance to vote with their wallets on how they want the companies around them to behave.

Recommended: What is ESG Investing?

4 Types of Corporate Social Responsibility

Corporate social responsibility is an umbrella term that captures a wide array of policies that a company can enact. CSR-focused companies may target their efforts on one or more specific social, economic, or environmental areas of concern. The following are some of the most common areas of CSR:

1. Environmental Sustainability

Companies are increasingly focusing on environmental sustainability when making business decisions. With climate change threatening to cause severe impacts worldwide, companies are committing to creating sustainable production methods, distribution, and overall business practices to reduce carbon footprints.

For investors, sustainable investing could mean seeking out companies that promise to hold to sustainable business practices—and doing the research to ensure they’re keeping that promise in real life. Additionally, it could mean focusing on companies that are specifically involved in creating the products that allow for environmental sustainability in the long term, such as renewable energy, biofuels, or hybrid cars.

Recommended: How to Invest in EV Stocks

2. Philanthropy

One of the ways large companies might align themselves with CSR values is by supporting philanthropic efforts. By donating money, products, or services to nonprofit organizations and social causes, a company can show the public what it values and how its furthering causes.

Recommended: How to Make End-of-Year Donations

3. Ethical Labor Practices

Corporations that commit to ethical labor practices, such as focusing on diversity and inclusion or having a zero-tolerance policy on sexual harassment, may garner more favor among investors looking to support a socially responsible company.

Recommended: How to Combine Financial Well-Being and Diversity and Inclusion Initiatives

4. Volunteering

Another way almost any business can get in on CSR might be to support local volunteering efforts by sending out their representatives or fundraising for other volunteering organizations and movements.

Companies might also support volunteerism by offering their employees paid time off specifically for that activity. Some companies provide employees several days off per year, which they can use to participate in any volunteering effort they choose.

Recommended: 34 Charities To Support This Year

Examples of CSR

Many companies have enacted corporate social responsibility initiatives, and the trend is growing. According to one study, 92% of companies in the S&P 500 published sustainability in 2020, up from 20% in 2011. Here are a few examples of CSR policies at large corporations:

•   Starbucks (SBUX): The coffee giant has committed to hiring a diversified workforce, including hiring thousands of veterans, refugees, and disadvantaged youth.

•   Levi Strauss (LEVI): The apparel maker launched the Levi’s® Music Project, an initiative that looks to provide young people with music education and community resources.

•   Ford Motor Company (F): The carmaker is pushing to have 50% of its global sales be electric vehicles (EV) by 2030 to help address climate change.

•   Salesforce (CRM): The software company says it has given about $240 million in grants, 3.5 million hours of community service, and provided donations to more than 39,000 nonprofits and education institutions.

•   The Coca-Cola Company (KO): The beverage company is focusing on water conservation, saying it will push to responsibly use water in its production process and advocate for smart water policies.

Benefits of Corporate Social Responsibility

There are many reasons for a company to adopt and execute corporate social responsibility policies. First and foremost, CSR practices help promote a relatively better society and environment. By following socially responsible protocols, companies could have the opportunity to make significant social, economic, and ecological changes. As noted above, investors are increasingly looking to put money into companies that adhere to CSR.

Beyond these direct positives, CSR policies can also boost a company’s competitiveness by benefiting the firm in the following ways:

•   Stronger brand image: Corporate social responsibility policies can help create a positive image for a company, attracting consumers, employees, and other stakeholders.

•   Employee retention: Talented employees may stay with a company longer when they feel they are working for a business that has strong CSR policies. Additionally, this reputation can help attract new employees.

•   Reduced regulatory burden: A comprehensive CSR policy can help a company navigate relationships with regulatory bodies, especially as governments establish more rules around sustainability.

The Takeaway

Corporate social responsibility is one of several business models companies are using to navigate a changing world. By investing in companies that support those practices, investors could have the opportunity to positively impact the world while also potentially building their nest eggs.

However, it can take a lot of work for investors to determine what companies have the best CSR policies and what companies are truly adhering to their initiatives. So if you want to invest in companies that support CSR policies, it may be best to start small rather than build a whole portfolio around CSR stocks.

SoFi Invest® allows you to start investing today and build a portfolio with whatever strategy you desire. With active investing, you can trade stocks of brands you know and believe in and discover new opportunities based on your interests along the way.

Get started today with SoFi Invest.


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American Women Quarters Program

Save more, spend smarter, and make your money go further

While a handful of women have appeared on coins and special-edition bills throughout the years – Susan B. Anthony, Sacagawea and Helen Keller, for example – the number of women featured on U.S. currency is about to be significantly expanded.

Beginning in 2022 and continuing through 2025, the U.S. Mint will issue up to five new quarter designs each year featuring historically prominent women. Here are the women being honored in 2022.

Maya Angelou

Celebrated author and poet Maya Angelou is most well-known for her autobiography, “I Know Why the Caged Bird Sings.” The book was named as one of TIME Magazine’s 100 best and most influential non-fiction books.

A recipient of the Presidential Medal of Freedom, Angelou also worked with Dr. Martin Luther King as a coordinator for his organization, the Southern Christian Leadership Conference. She was also the first African-American woman to read an original poem at a presidential inauguration.

Dr. Sally Ride

The first American woman in space, astronaut Dr. Sally Ride inspired generations of girls to pursue careers in science and technology. Ride flew on the Space Shuttle Challenger in 1983 and 1984.

In 2013, President Barack Obama awarded her a posthumous Presidential Medal of Freedom. After her death, it was revealed that Ride was a lesbian, making her the first LGBTQ person to appear on a US quarter.

Wilma Mankiller

As the Principal Chief of the Cherokee, Wilma Mankiller is the first woman ever elected chief of a major Native American tribe. She oversaw the growth of the Cherokee nation from 68,000 members to 170,000.

Ms. Magazine named Wilma Woman of the year in 1987, President Bill Clinton awarded her the Presidential Medal of Freedom in 1998.

Nina Otero-Warren

One of the few Hispanic suffragists in history, Nina Otero-Warren helped publish suffragist literature in Spanish, encouraging Hispanic women to vote. She also served as chairman for the Board of Health in New Mexico, was a board member for the American Red Cross and was the Inspector of Indian Schools for Santa Fe County, overseeing the schools for Native American children.

Anna May Wong

As the first Chinese-American movie star in Hollywood, Anna May Wong paved the way for countless other Asian actors. She acted in Broadway plays and both American and European films. Anna was also a fashion icon and was once named the world’s best-dressed woman.

She appeared in movies and plays with acting legends like Laurence Olivier, Douglas Fairbanks and Marlene Dietrich. Though Hollywood remained a hostile environment for people of color during her time, Wong stood up against Chinese stereotypes and advocated for fairer portrayals.

Save more, spend smarter, and make your money go further

Zina Kumok

Zina Kumok is a freelance writer specializing in personal finance. A former reporter, she has covered murder trials, the Final Four and everything in between. She has been featured in Lifehacker, DailyWorth and Time. Read about how she paid off $28,000 worth of student loans in three years at Conscious Coins. More from Zina Kumok

Source: mint.intuit.com