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5 easy ways to spot a phishing email

In today’s digital world, phishing emails may be more of a threat than ever before. They are used to steal your data, including login credentials and credit card information. Phishing happens when a hacker, pretending to be someone familiar, tricks their victim into opening an email and clicking on a malicious link. This typically leads to the victim installing malware on their device, which shuts down access to their data as part of a ransomware attack. With these type of crimes on the rise,….....»»

Category: topSource: bizjournalsMay 23rd, 2022

5 easy ways to spot a phishing email

In today’s digital world, phishing emails may be more of a threat than ever before. They are used to steal your data, including login credentials and credit card information. Phishing happens when a hacker, pretending to be someone familiar, tricks their victim into opening an email and clicking on a malicious link. This typically leads to the victim installing malware on their device, which shuts down access to their data as part of a ransomware attack. With these type of crimes on the rise,….....»»

Category: topSource: bizjournalsMay 23rd, 2022

25 HR leaders building the world"s most innovative, inclusive workplaces amid upheaval in corporate America

Meet the human-resources managers helping employees learn critical job skills, develop into effective leaders, and advance quickly in their careers. Kazi Awal/InsiderInsider compiled its third annual "HR Innovators" list of 25 prominent figures. Some of this year's most innovative HR leaders (shown above, starting from the left) are Sara Cooper, Karsten Vagner, Shirley J. Knowles, and Elaine Mak.Rachel Mendelson/Insider The "Great Resignation" and the transition to hybrid work have put tremendous pressure on HR. Insider put out an open call for talent heads who are leading successfully during the pandemic. Our list spans industries and includes human-resources leaders from Cisco, Maven, and Wiley. Insider recently undertook a search for human-resources leaders executing the most creative and ambitious plans for their companies.For a third year in a row, we asked our readers to tell us about HR stars. Then, we picked 25 who really impressed us. We looked for execs who bettered their companies through new policies regarding worker safety and wellness amid the pandemic, the "Great Resignation," and louder calls for diversity and inclusion. These talent professionals work across industries and at organizations of all sizes, including Cisco, Meta, and Wiley.Women hold most HR positions, and our list reflects that, with Insider featuring only a handful of people who are men or nonbinary. This was unintentional but not surprising.With workplace dynamics in flux, these executives are shaping the future of corporate America. They're building long-term policies around flexible work, finding new ways to attract talent, and addressing inequities that leave certain demographics at a disadvantage.Their accomplishments include promoting 30% of the workforce in one year, building early-career programs for underrepresented talent, and helping employees find programs to meet their educational goals. Cassie Whitlock, BambooHR's director of HR, said, "The pandemic elevated core 'human' needs that have always existed in business but were, for some, easy to ignore."In no particular order, here are the top 25 innovators in HR and their exclusive insights on reimagining work. These responses have been edited for clarity and brevity.Shirley J. Knowles, chief inclusion and diversity officer at Progress SoftwareShirley J. Knowles.Courtesy of Shirley J KnowlesCompany: Progress is a software company that offers custom software for creating and deploying business applications.Skills they've used to be successful in HR: Authenticity is an important core value. In conversations about diversity and inclusion, I use real-world scenarios — including my own experiences — to illustrate why this work is essential. I don't use buzzwords that many people are unclear of. I talk about things in a way that anyone can understand.How they've supported employees during the coronavirus pandemic: I have taken a particular interest in the well-being of our employees, specifically their mental and emotional health. We offer fitness classes, meditation sessions, and mental-health training led by a Harvard professor who is also a licensed mental-health counselor.By offering exercises that focus on burnout, avoiding isolation, and finding meaning in work and one's personal life, I am helping employees find balance while trying to navigate through the ongoing pandemic.Francine Katsoudas, executive vice president and chief people, policy, and purpose officer at CiscoFrancine Katsoudas.Courtesy of Francine KatsoudasCompany: Cisco develops, manufactures, and sells networking hardware, telecom equipment, and other IT services and products.How they've been supporting their company's diversity, equity, and inclusion efforts during the pandemic: In early 2020, right before the pandemic, we established our Social Justice Beliefs and Actions at Cisco outlining our ambitious goals for addressing injustice and establishing a framework to hold the company accountable to its commitments.Although we didn't know it at the time, this blueprint would guide our approach to social-justice issues that arose over the course of the pandemic. While these beliefs and actions were first focused on supporting the Black community, they have become an invaluable working guide to how we as a company respond to injustice and address inequities overall.Initiatives they've taken to address the effects of the Great Resignation: Every quarter, we conduct "engagement pulses" to check in with employees about top-of-mind issues and concerns. We've found that employees who aren't invited to participate in an engagement-pulse meeting are 21 times as likely to leave Cisco than their invited counterparts.We've also done more work to understand people's career trajectories within Cisco, examining the velocity of promotions for groups and individuals. As a result, we're proud to have promoted 30% of our workforce over the past 12 months.Books, podcasts, shows, or movies that inspire them: I'm reading "Black Magic: What Black Leaders Learned from Trauma and Triumph'' by Chad Sanders, who is powerful and inspiring. It was recommended to me by a leader here at Cisco. He said that it reminded him of his experience in corporate America. So by reading it, I have gotten to feel more proximate to his experience and journey, and that has been a wonderful gift.McKensie Mack, CEO at MMGMcKensie Mack.Courtesy of McKensie MackCompany: McKensie Mack Group is a research- and change-management firm that centers on racial and social justice.What initiatives they have taken to address the Great Resignation: Last year, in collaboration with Project Include, we published research on the impact of COVID-19 on remote workers. We developed and shared resources and guiding principles for leaders looking for support and education in reframing how they think about work, benefits, and productivity. Skills they've used to be successful in HR: My training and education as a transformative justice facilitator help me bring a restorative framework to the ways I work with people, de-escalate when situations get tense or uncomfortable, and seek noncarceral and nonpunitive approaches to working with people who make mistakes or cause harm.My knowledge of power, privilege, and positionality has been valuable in HR.Cassie Whitlock, director of HR at BambooHRCassie Whitlock.Courtesy of Cassie WhitlockCompany: BambooHR provides HR software for businesses. Skills they've used to be successful in HR: Understanding data and analysis has been essential in elevating my impact across the organization. Using data has helped me identify and solve complex challenges around screening and hiring, role progression, designing department structures, employee engagement, and retention. Data is the language of business, and it's critical in HR. How they've been supporting their company's diversity, equity, and inclusion efforts during the pandemic: Diversity starts with hiring practices. We had already implemented essential diversity, equity, and inclusion hiring practices like gender decoding on our job ads, diversity representation in the screening process, scorecards for consistent and equitable screening criteria, and antibias training for all hiring managers and interviewers. We also looked at internal diversity to understand how to best support employees. We adapted some roles to help working parents juggle remote work and homeschooling. We offered paid time off for employees who contracted COVID-19 or had to provide care for a family member with the virus. It was also essential to create income stability for employees with personal or family health risk factors.Sara Cooper, chief people officer at JobberSara Cooper.Courtesy of Sara CooperCompany: Jobber provides job tracking and customer-management software for home-service businesses.How the events of the pandemic affected their view of HR's role: The pandemic required HR leaders to be very quick on their feet, to make fast decisions often with little information and in an environment changing by the day. There was no pandemic playbook.The most successful companies did this by creating plans that took into account the evolving information almost daily and listening to their employees and customers. How they've supported employees during the coronavirus pandemic: We realized early in the pandemic that performance during this time had to be approached in a very different way.For example, we implemented "wellness Fridays" in the summers of 2020 and 2021, which provided employees with Fridays off to focus on self-care. In addition, we offered various programs for folks who needed to reduce their hours or take job-protected leaves to focus on themselves or their families. When we eventually reopen our offices, we will be moving to a hybrid structure.I realized early on that there's no single solution for every company but that the key to creating a thriving hybrid environment requires the input of the company's most important stakeholders: its employees.Danielle McMahan, chief people and business-operations officer at WileyDanielle McMahan.WileyCompany: Wiley is a global leader in scientific research and career-connected education.Initiatives they've taken to address the effects of the Great Resignation: We offer employees over 1,000 flexible and affordable degree and nondegree programs, including bachelor's and master's programs. As a global leader in research and education, we practice what we preach to unlock potential and support lifelong learning.How the events of the pandemic affected their view of HR's role: We transformed our department to become more people-centric: focusing on people rather than processes. To formally acknowledge this shift, we said goodbye to "human resources" and renamed our department the People Organization. Our employees are at the center of all that we do.Their favorite interview question: "Tell me your story." I love to hear people's career journeys, and it allows the candidate to reflect on what roles they've held in the past and how those roles inform the type of job they're looking for today.Through these stories, I also typically get to know the candidate personally. I am able to learn what is important to them and what they value. Susan LaMonica, chief human-resources officer, head of corporate social responsibility at Citizens Financial GroupSusan LaMonica.Courtesy of Susan LaMonicaCompany: Citizens Financial Group is one of the nation's oldest and largest financial institutions offering a wide variety of retail and commercial banking products.How they've been supporting their company's diversity, equity, and inclusion efforts during the pandemic: I've played a role in introducing initiatives such as the TalentUp program, which aims to reshape Citizens' workforce and prepare it for continual innovation focused on talent acquisition, reskilling and upskilling, mobility, and redeployment, partnerships, and expanding the talent pipeline.As a result of the program, in 2020, there were nearly 100 new hires sourced directly from early-career programs, with a significant segment identifying as women and people of color. With my main focus being democratization, I have ensured managers have the training and resources available to create equitable and inclusive environments for all colleagues. My team also began tying accountability goals to performance reviews to ensure managers prioritize democratization within their teams while understanding and working to eliminate biases at work.Books, podcasts, shows, or movies that inspire them: "How I Built This" with Guy Raz on NPR is my favorite podcast. Each episode highlights a well-known entrepreneur and their journey. I enjoy learning about the people and the journey behind many successful companies and brands. I'm inspired by the vision and tenacity of these entrepreneurs, many of whom had repeated failures.Ashley Alexander, head of people at FrontAshley Alexander.Front via InkHouseCompany: Front is a software company that develops a shared email inbox and calendar product. How they've supported employees during the coronavirus pandemic: Once we made the decision to transition to remote work, my mission was to ensure that our employees felt supported and connected. We doubled down on activities that fostered a sense of community, like our weekly all-hands meetings on Zoom, ask-me-anything sessions with our executives, and virtual companywide off-site activities.Why they pursued a career in HR: I got into HR because I wanted to help people, but throughout the course of my career, this idea has dramatically expanded. I now view my role as an employee advocate. I strive to demystify why things happen at a company the way they happen. I've found that even if they aren't happy with everything that happens in a company, if they understand our choices, ultimately, they can respect them.Lori Goler, head of people at MetaLori Goler.Courtesy of Lori GolerWhat their company does: Meta is the parent company of Facebook.How they've supported employees during the pandemic: We were the first tech company to shut down our offices, and employees began to work from home. We established an emergency-paid-leave program designed to give people time off for "in the moment emergencies," including eldercare, childcare, and school closures. We developed and executed a global return-to-office health strategy across 60 sites to enable a safe transition for those coming back to the office and created an office-deferral program for those who were not yet ready to return.How they've supported their company's DEI efforts: Meta committed publicly to have at least 50% of our workforce composed of underrepresented groups by 2024 and to increase the number of US-based leaders who are people of color by 30%. We announced in our eighth annual diversity report that in 2021, we increased representation of women, underrepresented minorities, and people with disabilities and veterans to 45.6% of our workforce. This will continue to be a focus for us.How they've addressed the Great Resignation at their company: This year, we introduced a number of new benefits, including a wellness-reimbursement benefit of up to $3,000 annually that people can use for expenses like financial planning, tuition reimbursement, fitness equipment and services, childcare for children over the age of 5, and eldercare. We also launched "choice days," which gives people an additional two days off per year to use however they choose, and we increased our 401(k)-match program to help people save more for retirement.Kali Beyah, global chief talent officer at HugeKali Beyah.HugeWhat their company does: Huge is a digital design and marketing agency. Clients include Google, Coca-Cola, and Unilever.How they've supported employees during the pandemic: Whether giving mental-health days, reimagining our return to the office, extending summer Fridays, flexing for childcare, shifting to "no-meeting Fridays," or continuing to invest in development, transparency, wellness workshops/resources, and DEI — we've taken a holistic and evolving approach.The constant as we evolve is that we listen to our people regularly, and we are authentic in our responses.How they've addressed the Great Resignation at their company: We are reimagining the future of work as the world not only encounters the "Great Resignation" but also the "Great Reevaluation." Our reimagining includes things such as "Huge holidays" (closure and collective recharging three weeks a year), "Huge summer" (work from anywhere in July), "no-meeting Fridays," and summer Fridays.How the pandemic changed their view of HR's role: We have an opportunity to reimagine work and the role it plays in people's lives — and we have an exciting opportunity to debunk false binaries and prove that people and businesses can both thrive.Lauren Nuttall, vice president of people at Boulevard LabsLauren Nuttall.Courtesy of Lauren NuttallCompany: Boulevard is a client-experience platform built for appointment-based self-care businesses.How they've supported employees during the coronavirus pandemic: I opted to take Boulevard 100% remote early on in the pandemic in March 2020. However, as the pandemic persisted into 2021, I realized that with the significant paradigm shift around the viability of remote work, coupled with the growing employee (and candidate) interest in staying fully remote, we needed to deepen our commitment.That meant giving up our physical office space altogether and allowing all employees to move wherever they want in the US without it negatively impacting their existing compensation package. Additionally, the need for better virtual access to mental health and high-quality medical care prompted the decision to bring on One Medical to provide complimentary subscriptions to all employees and their dependents.How they've been supporting their company's diversity, equity, and inclusion efforts during the pandemic: One of the programs that I'm most proud of was a virtual-speaker series where we sought to highlight and amplify underrepresented voices within the beauty and wellness industry.We invited a massage-business owner that catered specifically to LGBTQIA+ clientele for one of the sessions. This created a dialogue around how even limited pronoun options within a booking workflow can be harmful and resulted in us making actual changes to our product to better represent our customers and their clients. Surfacing these opportunities to educate and create dialogue can have incredible ripple effects.Tanya Reu-Narvaez, executive vice president and chief people officer at RealogyTanya Reu-Narvaez.Courtesy of Tanya Reu-NarvaezWhat their company does: Realogy is a real-estate-services firm that owns brokerages including Century 21, Sotheby's International Realty, and Corcoran. How they've supported their company's DEI efforts: To help increase representation in the industry, we established a new partnership with the National Association of Minority Mortgage Bankers of America and expanded the Inclusive Ownership program, an industry-first initiative designed to attract brokerage owners from underrepresented communities to launch their own franchise businesses.How they've addressed the Great Resignation at their company: We have a Go Further Today program where we've made small but impactful changes that decrease meeting and email fatigue and increase efficiency by working smarter.We have no internal meetings on Fridays, encourage employees to make smart decisions about whether to accept or decline meetings, and embrace an "exhale, then email" philosophy to help mitigate the pressure of email overload we're all facing. These are small but mighty changes that make a significant difference for our teams.Noa Geller, vice president of HR at Papaya GlobalNoa Geller.Eyal TouegWhat their company does: Papaya Global is a cloud-based payroll platform. How they've addressed the Great Resignation at their company: We added a learning and development budget for every employee to choose the development course that is meaningful and impactful to them. Driven from our employee-engagement survey, we took initiatives to support work-life balance, such as a work-from-anywhere benefit, allowing our employees to work up to one month per year outside of their home region.Also driven from our engagement survey, we are implementing more trainings around best practices and tools to ease the burnout that is a part of a hypergrowth company during COVID times.How the pandemic changed their view of HR's role: During the pandemic, the HR role became an even more crucial role within every organization. We were proactively working to support COVID policies and work-from-home best practices, and many of these things were unprecedented.HR managers really had to be innovative and creative — and in a very short amount of time. We have supported managers in learning how to manage remotely, how to navigate illnesses and emotional distress among their employees, as well as help employees remain connected to their teams and the company, while not only fully remote but often completely isolated.Tara Ataya, chief people and diversity officer at HootsuiteTara Ataya.HootsuiteWhat their company does: Hootsuite is a social-media-management platform whose clients include Ikea and Costco.How they've supported employees during the pandemic: We restructured the global offices to be used as creative hubs, built for collaboration and social connection, with a special focus on health and mental wellness.In addition, employees were granted the autonomy and benefits they needed to reshape their work environment to choose what works best for them by restructuring our workplace policy so every employee can choose if they wish to work full time in office, remote, or take a hybrid approach.How they've supported their company's DEI efforts: During the pandemic, we built on our partnership with the Black Professionals in Tech Network in Canada to help end systemic racism in the technology sector by providing Black professionals with equal access to opportunities in tech, an expanded peer network, and support in accelerating career growth.This helped foster a stronger sense of belonging in the workplace by joining an allyship training with the Black Professionals in Tech Network, along with 125 Hootsuite employees, including all members of the executive team, about best practices for sourcing Black talent.How the pandemic changed their view of HR's role: The pandemic shifted HR teams from being the best-kept secret superpower to the front-and-center compass for navigating through the most difficult time many organizations and generations have ever faced. The role of HR is one of strategy, that is adept at navigating uncertainty with agility and enables the business to drive meaningful business results with people in mind.Félix Manuel Chinea, diversity, equity, inclusion, and belonging manager at DoximityFélix Manuel Chinea.Courtesy of Félix Manuel ChineaWhat their company does: Doximity is a professional medical network for physicians. The company went public in June.How they've supported employees during the pandemic: My focus during the pandemic has been to make DEI initiatives at Doximity meaningful, impactful, and tangible across the whole organization.By aligning DEI with our company mission and values, we are able to both directly support our employees and empower them to make a meaningful impact in their communities during and beyond the pandemic.How they've addressed the Great Resignation at their company: The Great Resignation has given us an opportunity to reflect on what makes working at our company fulfilling. Our organizational purpose at Doximity is to connect medical professionals and build clinical tools that will ultimately impact patient care. Amid a global pandemic and demand for racial justice, I believe our purpose allows us the opportunity to both attract and retain top talent and make a meaningful impact on health equity across historically marginalized communities.How the pandemic changed their view of HR's role: Both the pandemic and recent demands for racial justice have highlighted the long-standing need for all leaders to develop solutions and cultures that recognize the full humanity of employees.While every person is responsible for fostering an equitable and inclusive culture, DEI leaders must develop a strategic understanding of how to integrate these concepts into their company's organizational structure.Gloria Chen, chief people officer at AdobeGloria Chen.Courtesy of Gloria ChenWhat their company does: Adobe is a global software company. How they've supported employees during the pandemic: What I am most proud of during the pandemic is not what the company has done for our employees but what our employees have done for each other.When India was overcome by the Delta surge, and our employees and their families were ravaged by COVID, our employees created a phone tree to locate hospital beds, located oxygen to bring to hospitals, and cooked and delivered meals to families in quarantine. Our employees were truly our heroes.How they've supported their company's DEI efforts: In 2020, our diversity and inclusion team and our Black Employee Network launched the Taking Action Initiative task force to explore and drive actions we could take to make meaningful change internally and externally to the company.The effort led to strategic partnerships with historically Black colleges and universities, Hispanic-serving institutions, and a sponsorship program to support career advancement for underrepresented individuals.How the pandemic changed their view of HR's role: Having stepped into the role of chief people officer in February 2020, my entire HR experience has been shaped by the pandemic.I learned that the basics of human needs — physical and mental health, a sense of security, and connectedness — cannot be taken for granted in a professional setting. During the pandemic, we lost one of our beloved cofounders. That gave me a tremendous sense of responsibility as a longtime Adobe employee to carry the torch for the values that they instilled in us.Kim Seymour, chief people officer at WW InternationalKim Seymour.WWWhat their company does: WW International (formerly known as Weight Watchers) offers a program for weight loss and wellness.How they've supported their company's DEI efforts during the pandemic: WW recently released an extensive report titled "Black Women & Wellness" to shed light on the disparities and biases that Black women face within the healthcare system today.The report showcases what is being done by changemakers within their communities to create safe spaces, better access to healthcare, and underscore why Black women deserve health, wellness, and quality healthcare.How they've addressed the Great Resignation at their company: Some of our most recent investments to address potential employee burnout include offering Sibly for resilience, One Medical for convenient medical care, and ClassPass for fitness goals. All of our employees at WW are also members and have access to the WW program.In addition to a personal-well-being allowance of $1,000 per employee, my team also created "flex Fridays," which allows employees to start their weekend early by redistributing the hours they work the remainder of that week, whether that's a Zoom-free Friday afternoon or signing off early.Manish Mehta, global head of human resources at BlackRockManish Mehta.Courtesy of Manish MehtaWhat their company does: BlackRock is a global investment manager that employs 16,000 people and manages more than $10 trillion in assets.How they've supported their company's DEI efforts: We are fortunate to have over 80% of our employees participate in one of our 15 global employee, professional, and social impact networks.Each network is sponsored by one or more of our Global Executive Committee members who engage with them to help navigate important cultural and strategic topics. I am a sponsor of our Asian and Middle Eastern Professionals network, which was formally launched in 2021.How they've addressed the Great Resignation at their company: We supported and enabled managers through training modules on delivering feedback, effectively setting objectives and managing performance, motivating and managing teams, and having productive conversations on returning our people to the office.We sustained our focus on career development. This includes career pathing in areas like technology, development programs for our emerging vice-president leaders, and our Black and Latinx managing directors and directors, and increasing our sponsorship programs.How the pandemic changed their view of HR's role: I have seen the difference HR can make in people's lives. Helping people navigate the loss of a loved one or a colleague, supporting the family of an employee we've lost, recognizing and helping those suffering from mental-health challenges, being there to listen and act when an employee does not feel like they belong, growing our benefits to respond to what employees are dealing with in their lives — these are just some of the things that HR does that are not always seen.Karsten Vagner, senior vice president of people at Maven ClinicKarsten Vagner.Courtesy of Karsten VagnerWhat their company does: Maven Clinic is a virtual platform that provides support across fertility, pregnancy, adoption, parenting, and pediatrics.How they've supported their employees during the coronavirus pandemic: Some of the companywide initiatives and programs included Donut, a Slack-integrated app, to help employees maintain that serendipitous connection they've all come to love at the office.We also experimented with other virtual events, like weekly "coffeehouse cabaret" sessions with Broadway talent over Google Hangouts, cooking challenges, a companywide talent show, Halloween in April for employees' children, and more. How they've supported their company's diversity, equity, and inclusion efforts during the pandemic: Working with Maven's people team, the company created employee working groups devoted to getting feedback about various aspects of Maven's business. While it was rewarding to see employee feedback come to life, what I'm most proud of is the fact that neither I nor the executive team did this work in a silo.Our DEI program was completely ground up and centered on employee needs. And it continues to be to this day. The work our organization has done — in recruiting, partnerships, volunteering, product— it's all been led by our employees.How they've supported their employees during the Great Resignation: To combat work-related stress, Maven introduced new programs to support employees' mental health, including group sessions with Maven's mental-health providers and career coaches, mandatory mental-health days, twice-a-week no-meeting blocks, and several weeks where employees had time to recharge and unwind.Elaine Mak, chief people officer at ValimailElaine Mak.Courtesy of Elaine MakWhat their company does: Valimail is a cloud-native platform for validating and authenticating sender identity to avoid phishing, spoofing, and brand hijacking.How they've supported their employees during the coronavirus pandemic: As the pandemic unfolded, it was an opportunity to lay a strategic foundation on Valimail's organizational design to serve a dual purpose: Drive talent acquisition and retention and seat people at the table to become an integral voice in making decisions that affect them.In 18 months, my team has refreshed Valimail's company mission, values, and strategy to explicitly prioritize and resource people and DEI efforts. My team has also pivoted the leadership model to a cross-functional structure that distributes power, agency, and autonomy of decision-makers across levels.I've also led the people team to expand and diversify the leadership team at Valimail to ensure appropriate voices and perspectives have a seat at the table to inform strategic decisions. How they've supported their company's diversity, equity, and inclusion efforts during the pandemic: We empowered a DEI committee resourced with an executive sponsor and budget focused on wellness initially to address burnout. Along with other company efforts, we have the foundation to execute a strategic road map on DEI education and development and further cement DEI at the heart of our business and people strategy.Lastly, our efforts in people and DEI culminated in an employer-brand makeover that authentically reflects a day-to-day reality where people-first is core to our culture.Kerris Hougardy, vice president of people at AdaKerris Hougardy.AdaWhat their company does: Ada is an automation platform that powers brand interactions between companies and their customers.How they've supported their employees during the coronavirus pandemic: Ada's first priority during the pandemic was to assess the health and safety of its employees and to implement an immediate change to the work environment.The transition to a full-remote, digital-first culture required Ada to ensure its employees could work and communicate effectively.Our employee-relations team is on hand to support anyone going through work or personal issues. We have a wellness fund for each employee to get access to support — mental health and physical, access to ClassPass, and lunch and learns where they can listen to speakers around burnout and resiliency.How have the events of the pandemic affected your view of HR's role? HR is no longer only about hiring and firing employees, but about supporting and engaging with employees as whole humans.People should be able to show up authentically and do their best work, to feel acceptance and belonging, and to feel supported with life's ups and downs.Cheryl Johnson, chief human-resources officer at PaylocityCheryl Johnson.Courtesy of Cheryl JohnsonWhat their company does: Paylocity provides cloud-based payroll- and human-capital-management software.How they've supported their employees during the coronavirus pandemic: My HR leaders collaborated with Paylocity's Diversity Leadership Council to ensure that company benefits intentionally built an inclusive and equitable culture for current and future employees and their families.The group also confirmed that medical plans aligned with the World Professional Association for Transgender Health (WPATH) Standards of Care for the Health of Transsexual, Transgender, and Gender Nonconforming People.For financial flexibility, we rolled out a loan program, offering interest-free loans to any employees in need, along with on-demand payment for early access to earned wages if needed. At the same time, we introduced voluntary furloughs for up to 90 days and implemented an international work program to allow employees to work abroad for up to 90 days.How they've supported their employees during the Great Resignation: We formed task forces to understand why people were leaving but, more importantly, why people were staying. Recently our HR team has found success socializing "stay interviews," which help managers to improve their direct-report relationships, keep at-risk talent, and provide broader insights to build culture and connection.Giving employees greater transparency helps them spot career opportunities and paths to growth. Our HR team is implementing succession planning efforts to identify and develop key talent and give employees more freedom to impact how, where, and when they work. Dave Carhart, vice president of people at LatticeDave Carhart.Courtesy of Dave CarhartWhat their company does: Lattice is a people-management platform that helps leaders build engaged, high-performing teams.How they've supported their employees during the coronavirus pandemic: Work was stressful in "normal" pre-COVID times, but the pandemic has created new levels of burnout and exhaustion.Recognizing this, in 2020, I oversaw the rollout of Lattice "recharge days," a number of designated days where the entire company is off on the same day with the explicit goal of stepping away from work mentally. The recharge days has since been made permanent, with six annual recharge days added to our annual calendar on top of national holidays and flexible PTO. How have the events of the pandemic affected your view of HR's role? It's reminded us how critical it is to lead with empathy and represent a very human voice within our workplaces. We are asking people to bring their whole selves and all of their energy and commitment.With that will also come their personal passions, their family commitments, and the individual challenges that they are facing. We need to embrace all of that and come with support for the whole person and their family, too.Marlee Raber Proukou, director of people operations at JetsonMarlee Raber Proukou.Courtesy of Marlee ProukouWhat their company does: Jetson is a personal-mobility-devices company that sells electric bikes, electric scooters, and hoverboards.How they've supported their employees during the Great Resignation: In addition to navigating a global pandemic, our employees have had to adjust to the company's rapid growth, resulting in many being spread thin and approaching burnout.We've tried to address this two ways — focusing on both recruitment and employee appreciation. We built a larger people-operations team to increase our recruitment efforts, bringing in much needed full-time and contract hires to assist with our ever-increasing workload so our employees can enjoy more of a balance.Through bigger efforts, like rewarding our employees with promotions, bonuses, and raises to smaller changes like our new "all-star award" — a peer-nominated cash award presented monthly to an employee who is impacting their teammates — we continuously try to let our employees know we are grateful for them.How have the events of the pandemic affected your view of HR's role? The role has evolved from what many people thought of as traditional HR functions, like payroll and benefits administration, to encompass more people-centric priorities like supporting employees' work-life balance, ensuring a work environment that is both productive and safe, and creating an increasingly diverse workforce.In today's world, a successful HR team is quick-thinking, strategic, and empathetic. Most importantly, we are working to understand and support our employee's personal and professional experiences in what has been an extremely turbulent two years.Karen Craggs-Milne, vice president of ESG at ThoughtExchangeKaren Craggs-Milne.Courtesy of Karen Craggs-MilneWhat their company does: ThoughtExchange is a patented antibias enterprise tool that leaders use to gain insights that inform decision-making.How they've supported their employees during the coronavirus pandemic: With the pandemic causing a global shift to remote work, and recognizing the diverse circumstances of the company's employee base, we brought an equity lens to the people team's COVID-response initiatives.By asking diverse employees what they needed most to navigate the pandemic and how to best support employee well-being across different employee populations, we helped ThoughtExchange identify tailored solutions that made a big difference to employees.Listening to its employees, we offered financial support during school closures so parents could hire tutors, purchase memberships to educational sites or resources, and continue to ensure their children's educational needs were met.What are the skills you have used to be successful in HR? Empathy and patience are arguably the two most important characteristics to grasp when being a leader in HR.Employees want to feel heard and recognized during their time at an organization, and leveraging the ability to understand where all opinions are coming from, and then negotiating the best collective outcomes, is key to maintaining top talent that feels safe and valued within their work environment.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMar 18th, 2022

Pinterest Improving User Experience To Help People ‘Take More Action’ On Boards, New CEO Bill Ready Says

Following is the unofficial transcript of a CNBC exclusive interview with Pinterest Inc (NYSE:PINS) Co-Founder & Executive Chairman Ben Silbermann and Pinterest CEO Bill Ready on CNBC’s “Mad Money” (M-F, 6PM-7PM ET) today, Wednesday, June 29th. Following is a link to video on CNBC.com: Pinterest Improving User Experience To Help People ‘Take More Action’ On […] Following is the unofficial transcript of a CNBC exclusive interview with Pinterest Inc (NYSE:PINS) Co-Founder & Executive Chairman Ben Silbermann and Pinterest CEO Bill Ready on CNBC’s “Mad Money” (M-F, 6PM-7PM ET) today, Wednesday, June 29th. Following is a link to video on CNBC.com: Pinterest Improving User Experience To Help People ‘Take More Action’ On Boards, New CEO Bill Ready Says JIM CRAMER: Crushed with all things growth. But yesterday, Pinterest announced something big. Their Chairman and CEO is stepping back to become Executive Chairperson, while bringing in a new CEO, a financial tech veteran Bill Ready. Hey, by the way, this guy is coming from Google and he was in charge of commerce and payments. Wow. Now I think this makes a lot of sense. Right now, Pinterest makes the bulk of its money from digital advertising. They want to pivot to become something more of a shopping platform because this is a site where people go to find stuff that they might want to buy. This is a difficult market doing something like Pinterest, but I’m liking this pivot. So let’s take a closer look with Ben Silbermann. He’s the co-Founder, Executive Chairman of Pinterest, whom we met at his office too long ago. And Bill Ready, he’s the new CEO. Gentlemen, welcome to “Mad Money.” if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more BEN SILBERMANN: Thanks for having us, Jim. BILL READY: Thank you, Jim. CRAMER: Okay, so I got to ask you Ben. I knew you love your job. And when I saw it, it was so much fun. And it was just pure joy to go to your offices. You're making just huge sales, 2.5 billion. Now it's gonna be nearly 3 billion, it's profitable. Is this really the time to leave as CEO? SILBERMANN: Well first, Jim, thanks again for having us. Look, I love Pinterest. I've love, I've loved running it. And I'm really excited today about having Bill step in as our new CEO. I think that he's got a ton of qualifications that are really going to help us accelerate the momentum we already have and go, as you said, from a place where people get inspired to a place where they can get inspired and take action and buy the things. So I'm really excited about it and I'm excited to stay involved in a new role as Executive Chair. CRAMER: Well, I'll tell you it's funny. I know about Pinterest from my kids, from my wife. I mean everybody knows it, that's what you do. So I'm gonna tell you Bill and put you on the spot here. I was told, I was going, texting with my daughter today who went to Parsons. She's a baker, okay. I said, “What do you think of Pinterest?” She said, “Oh, you know, I love my mood boards, whether it be for decorating my house or planning my wedding, planning a wedding or finding inspiration for next year.” So I said, “Have you ever bought anything on Pinterest?” And she says, “Hell no.” I mean, almost as if, don't you realize Dad you don't buy things on Pinterest? Yet all those categories are fantastic categories to press a button and buy something, can that change? READY: Yes. Thank you, Jim. It is a great question. And I think Pinterest is a really uniquely positioned platform and I think it's uniquely positioned because it has tremendous inspiration and discovery on the platform as you were just mentioning and across a number of different categories, but also has high intent. So people are there for a purpose. They're not discovering these things on accident while they're doing something else. They're actually there for that purpose. So it’s both an inspiration discovery and intent. And as Ben was just describing, there's a lot we can do to help them take more action on that intent whether that action is making or doing or in some cases buying. And there's a variety of ways that we can do that. That may not necessarily entail even a buy button all the time, but how do you get more closely connected to a place where you can take action? And so I think there's tremendous potential to help people do more on the platform and do it in a positive engaging way that again, I think, is quite unique for for Pinterest as a platform. CRAMER: Well, Bill, let me just follow up on that. Would a mood board be cheapened in any way by something that people would buy? I mean, that people I know now because I've researched this mood board concept, they kind of liked the fact that it's not for buying so to speak. READY: Well, I think it's a great point that, you know, it's a, it's a forum that people love engaging with and I think the thing that we have to make sure we do is make sure that we make it easy for people to take action when and how they want to take action. And I think that is something that, you know, Ben and I've talked about this a lot. I think he's heard it from Pinterest users for years that they want to be able to take action on these things. I've used Pinterest for designing a home, for planning birthday parties, and these are all things where you get great ideas and you don't want necessarily sort of buying to be shoved in your face, but when you see something that you want to take action on, you want to be able to go get to the way that you're going to do that. And I think again, that's a unique thing that Pinterest has is both the inspiration, the discovery and the intent in one platform and we got to mix in more ability to take action. CRAMER: I totally agree now Ben, let me ask you just in terms of philosophically, I regard you as a total inspiration. I mean you came from Nebraska you come out well, you do this thing, everybody loves it. You had at one point 478 million people and now you have 431 million people, only on Wall Street would a decline from 478 to 431 million be regarded as something suboptimal. 430 million is just a huge congratulations Ben. But I've got to ask you, is Wall Street, did Wall Street make your job tiresome? SILBERMANN: Well Jim I mean, we care a lot about all of our investors and so it's one key stakeholder. But the thing I wake up doing every day, the thing that Bill and I talked a lot about when we talked about taking this role is how do we just make an amazing experience for consumers? And I'm really excited, you know, the company's got great pipeline of new products that are coming out from our investors and creators to some of the shopping things that Bill talked about. We just acquired THE YES, which is a fantastic startup, which will speed things up. And also I think that we're in a really good position. You know, we more than doubled revenue since the beginning of the pandemic. Last year, we were profitable. And so I'm excited to take those resources and invest them to an even better product. And I think that'll make everyone, starting with the users but including the investors, really excited over time. CRAMER: But let me ask you though, in your last letter, you know, I love your letters. You wrote in Q1 of 2022, we didn't experience year over year engagement declines, primarily due to pandemic influence growth the year ago quarter. Everybody gets that. But then, as well as lower search traffic largely driven by Google's algorithm change in November 2021, you are sitting with the person who may have been involved with that algorithm change. How have you guys hashed that out together? SILBERMANN: Well, you know, we haven't been talking a lot about his last job. We've been talking a lot about his current job and what we’re doing going forward. And I just want to tell you, I couldn't be more excited to welcome Bill and bring bring some of that experience and also, you know, some experience running global technology companies, driving innovation on behalf of customers at a really big scale so— READY: And Jim, as you mentioned, I've had the privilege to have built and grown a number of great platforms. And when I look at Pinterest, I see something that I think is quite special and quite unique. You've got users coming to the platform for daily inspiration, looking for those things that they might not be finding other places and take shopping as an example, I think for the last 20 plus years of ecommerce, ecommerce is solving for a lot, a lot more for buying than for shopping. And so we think about how people have shopped in the real world, you know, forever and ever, a huge part of that was inspiration and discovery and there was a joyfulness to it and a delight to it that I don't think has been solved for the digital world. And I think Pinterest has a great opportunity to bring that part of the equation that users are already coming to Pinterest for today and marry that up with more ability to take action and I think again that's something that users have organic demand for that from the Pinterest platform. And as we bring in more and more of that, I think it's always going to really resonate with with Pinterest users. CRAMER: Let me ask, on my last question. I know that PayPal was interested, of course Bill worked with PayPal. I know that Microsoft was interested in those discussions never really went anywhere and I have to presume won't now that you're having that transition to Executive Chairman. Fair discussion, fair point. READY: Yeah, so I'll take that one, which is, you know, I'm coming to Pinterest because I think it has a great, a great potential for a long-term enduring company. And, you know, there's gonna be lots of opportunities for how we can build the company. I think looking at the organic innovation inside the company, the way the company is leveraging, you know, not only build but buy and partner as well. You know, buying THE YES recently, partnering with Shopify and WooCommerce. So there's a number of dimensions for how to grow the business. But I'm coming here because I think it has great prospects as a long-term enduring company and solving for something that is unique and isn't fully solved for elsewhere and again, I’m voting with my feet to that I think it's a fantastic place to be. CRAMER: Excellent. Well look, I wish both of you luck. I love your company very, very much. You've always been great to “Mad Money.” I hope you feel that we've been fair to you. I want to I want to thank Ben Silbermann who just a hero of mine as I told you the day I met you and Bill Ready who is the new CEO of Pinterest. And remember Ben's not going anywhere. He's still gonna be Executive Chairman so we tend to see him again. “Mad Money” is back after the break. Thank you gentlemen. Updated on Jun 30, 2022, 12:05 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 30th, 2022

Are Most People Debt-Free When They Retire?

I believe that it was Josh Billings, the pen name of 19th-century American humorist Henry Wheeler Shaw, who once proclaimed, “ Debt is like any other trap, easy enough to get into, but hard enough to get out of.” Managing debt is a challenge many of us face. ‌According to the Federal Reserve Bank of […] I believe that it was Josh Billings, the pen name of 19th-century American humorist Henry Wheeler Shaw, who once proclaimed, “ Debt is like any other trap, easy enough to get into, but hard enough to get out of.” Managing debt is a challenge many of us face. ‌According to the Federal Reserve Bank of New York’s quarterly report on household debt and credit, household debt totaled $15.58 trillion in the fourth quarter of 2021, an increase of $340 billion. That brings the total debt balance to $1.02 trillion more than it was at the end of 2020. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more Still, getting out of debt is no easy task. It requires some sacrifice, discipline, and patience. What’s more, you may have to change your habits. And, along the way, there will be unexpected expenses that can siderail your repayment plan. However, getting out of debt should be a financial priority. For example, you’ll have more income. Take, for example, a $200,000 30-year mortgage ‌at‌ ‌4.5%‌ ‌interest. ‌Having to pay that mortgage every month will cost you $1,013 a‌ ‌month. Even worse? ‌The bulk of that will go toward interest rather than building equity. Now, if you didn’t have that debt, you could use that money towards something else. You could build an emergency fund, splurge on a vacation, remodel your kitchen, or even retire early. And, as an added perk, your credit score will improve. But, it’s just not the financial freedom. Being debt-free means less stress, better cognitive function, fewer illness, and improved relationships. All of which become more important in retirement. Good Debt vs. Bad Debt You could certainly argue that having no debt is a good thing. ‌‌‌However,‌ ‌many people‌ ‌cannot‌ ‌afford‌ ‌big-ticket items without borrowing money and taking‌ ‌on‌ ‌debt. ‌It must, however, be able to increase your net worth or make a significant impact on your life. This type of debt is actually considered good. And, the most common examples would be: Education. A person’s earnings potential increases if they have more education. ‌It is also no secret that education contributes to employment prospects. Owning a‌ ‌business. The money you borrow to start your own business is also considered‌ ‌good‌ ‌debt. ‌Becoming your own boss can be both financially and psychologically rewarding, even if it isn’t easy. The property you own. You can earn money from real estate in many ways. ‌Buying a house, living in it for a few decades, then selling it for a profit is the simplest method. Residential real estate also can be used to generate income by renting it out. ‌In addition, commercial real estate can provide cash flow and capital gains. There is another end of the spectrum, however. This is where debt is taken carelessly and provided no value for the debt-taker. Examples would be depreciating assets like cars or clothing. There are many types of debt, and not all of them can be easily classified. ‌Often, it depends on your financial situation. ‌Paying off high-interest credit cards with a debt consolidation loan from a bank or other reputable lender, for example. Because you’re not paying as much in interest, this is considered a good debt. Debt Before Retirement Even if you have what’s considered good debt, experts strongly agree that this should be paid off before you retire. “The key thing that we tell our clients is that when you retire, so should your debt be retired,” Ken Moraif, senior advisor of Retirement Planners of America, recently told Yahoo Finance Live. “We really encourage people to be debt-free.” That means no car loans, credit cards, or mortage. “Not having any debt — if bad things come — technically you can live on very, very little if you have to if you have no debt,” he said. “Because no matter how well you’ve done getting up to that if you take a big giant loss like a 2008 or a Y2K or others, that could impact your ability to retire or to stay retired.” “Managing cash flow is the cornerstone of a retirement plan because retirees typically live on a fixed income derived from their investment portfolios, Social Security, pension plans, and the like,” adds Robert Westley, a certified public accountant, and financial planner. “Routinely, retirement income is lower than preretirement income, and therefore debt repayments that were once manageable preretirement begin to consume a proportionately larger share of income.” But, how many people are actually debt-free when they retire? Debt Is Leading to Retirement Insecurity Among Seniors Again, debt is something most people are accustomed to. ‌But retiring with debt is an entirely different‌ ‌story. The challenge of living comfortably on a fixed income becomes even more difficult when you must pay recurring bills with interest. ‌However, according to a study by the personal finance site MagnifyMoney, 46% of all Americans are expecting to retire in debt. And, this is especially true among seniors. In a report published by the Congressional Research Service in 2019, the percentage of elderly households with‌ ‌any‌ ‌type‌ ‌of debt‌ ‌increased‌ ‌from‌ ‌38%‌ ‌in‌ ‌1989‌ ‌to‌ ‌61%‌ ‌in‌ ‌2016. ‌As of 2016, the amount owed had increased from about $7,500 to over‌ ‌$31,000‌. Moreover, according to data from the Federal Reserve Bank of New York, the total debt burden for Americans over 70 has increased 543% since 1999, to $1.1 trillion. Likewise, debt among those in their 60s ballooned by 471% to $2.14 trillion, including mortgages and auto loans. Other age groups also saw increases in their total liabilities during this period as well. But seniors significantly outpaced them in terms of percentage increase. Average retirement debt by generation. Consumer debt rose 5.4% to $15.31 trillion from 2020 to 2021, according to a study by Experian consumer debt. The jump is a hefty $772 billion. ‌And,‌ ‌it’s more than double the 2.7% increase over the previous two years. Here’s a look at the average amount of debt each generation holds. FYI, includes credit card debt, student loans, personal debt,‌ ‌and‌ ‌auto‌ ‌loans. Mortgage debt is excluded from these totals. Generation Z (18-24): $20,803 Millennials (25-40): $100,906 Generation X (41-56): $146,164 Baby boomers (57-75): $95,607 Silent generation (76+): $39,859 There is a bit of good news though. While the baby boomers are now entering retirement age, they are also decreasing their overall debt levels year over year, just like the silent generation. Moreover, these generations have less debt then in 2020. On the flip side, the other genrations have increased their average debt. This was particularly true with Gen Z who experienced an almost 30% jump. Experian‌ ‌explains that this is still the smallest average balance of any generation and a generation experiencing a series of firsts. ‌For example, buying a car, moving, and going to‌ ‌college. ‌This can complicate a previously simpler budget by adding new debt obligations. If you’re curious, here’s the average consumer debt balance by type: Mortgage: $220,380 HELOC: $39,556 Student loan: $39,487 Auto loan and lease: $20,987 Credit card: $5,221 Personal loan: $17,064 Total average balance: $96,371 Retiree Debut Doubled During the Pandemic Many older Americans have been affected by the COVID-19 virus. ‌Retirement was forced for some due to unexpected medical issues, job loss, or caring for family members affected‌‌ ‌‌by‌‌ ‌‌the‌‌ ‌‌virus. “Unplanned early retirement can leave retirees in a tough spot financially as they simultaneously lose out on time when they had planned to save for retirement and face a longer retirement in which they have to cover expenses,” writes Mary Beth Franklin. If you retired because of sickness, you may have additional medical expenses as well. A survey done by Clever Real Estate asked 1,500 Americans if they were experiencing difficulties with their retirement or debt during the pandemic. ‌In the report, State of Retirement Finances 2021, government statistics, retirement statistics, and research from nonprofit organizations are compiled. “Unfortunately, half of U.S. households can’t maintain their pre-retirement standard of living throughout retirement,” Francesca Ortegren, chief data scientist at Clever Real Estate, wrote in the new report. “Many Americans are forced to tighten budgets and give up luxuries during retirement.” Overall,‌ ‌retirees‌ ‌took on an additional $9,979 in non-mortgage debt in 2020, more than doubling their debt to nearly $20,000. ‌According to the report, retiree debt was up by 104% from the previous year. ‌While working age adults have more debt, non-retirees increased the amount of their debt only by 13% or about $5,000 during the pandemic. Don’t Panic: Manage Your Debt “Debt can negatively impact your ability to live off the sources of income you’ve established to pay your bills after you stop punching the clock,” explains Paul Humphrey, CFEd® for Kiplinger. “Debt payments subtract from the income of Social Security and savings in an IRA or other investment vehicles that you really need to be living your best life.” ‌Even‌ ‌a mortgage, which is most common among retired individuals,‌ ‌can‌ ‌impair‌ ‌your‌ ‌financial‌ ‌flexibility, he adds. But, don’t stress over your finances just yet. Again, not all debt is bad. In fact, very few of us are debt-free when we retire. However, you should get concerned when you cross the $50,000 “red line.” “The proverbial red line here for retirement savings-endangering debt is $50,000 or more of either mortgage or non-mortgage debt,” says Humphrey. If you have debt around or over that threshold, then it’s time to worry. And, more importantly, find ways to manage your debt. Develop a budget to track your expenses. Having a budget helps you keep track of what you’re earning and spending. ‌When you are aware of your income and expenses, you can reduce unnecessary expenses or eliminate them. The‌ ‌50/30/20‌ ‌budget is a simple budgeting method that doesn’t require detailed budget‌ ‌categories. ‌As a result, you spend 50% of your after-tax income on needs, 30% on wants, and 20% on savings or debt repayment. Stop accumulating debt. You won’t pay off your debt using this strategy alone. But, you will keep yourself from getting into more debt. It’s a good idea to cut back on your credit cards. For example, freezing‌ ‌your‌ lines of ‌credit. Or, only using cash when shopping. Pay off debts using the snowball method. “The snowball method of debt payments involves paying off the smallest debts under your name entirely as soon as possible,”explains Kiara Tayor in a previous Due article. “Then, once those debts are done, move on to the next highest obligations, then the next highest, and so on until you are debt-free.” In‌ ‌this way, you’ll save money on interest and rebuild your credit score all at the same time. “Of course, if you decide not to pay off your debts ASAP, you may wish to invest in life insurance,” adds Kiara. ‌You might owe some of your debts to your surviving spouse, for example, if you die unexpectedly. ‌Your spouse, children, and other family members can be provided with enough cash to repay your debts with a comprehensive life insurance policy that comes with guarantees. Have an emergency fund. For “just-in-case” circumstances, emergency savings can be very ‌valuable. ‌If you are trying to save up for an emergency, you should save at least six months of your salary. If you lose your job, get injured and are unable to work, or when other unplanned but necessary expenses arise, you can use this money to cover your expenses. Ask creditors for a lower interest rate. You stay in debt longer if you have high interest rates because so much of your payment goes toward interest. ‌You may be able to negotiate a lower interest rate with your credit card provider if you ask them to do so. ‌A good payment history is more likely to result in negotiating lower rates with creditor. However, creditor decisions are at their discretion. You can also use tools like Trim or Truebill tonegotiate your inflated bills. Also, these tools can can track your expenses and cancel unwanted subscriptions as well. Transfer balances. Consider‌ ‌transferring your credit card balance to a credit card with a low introductory rate. ‌A new card with zero percent interest for a year may allow you to transfer some high-rate balances. ‌If‌ ‌so, figure out how you are going to pay off the balance during the interest-free period, and make sure you don’t run up new fees. Consolidate your debts at the best interest rate. Consolidating your debts with a bank or credit union allows you to manage them more easily since you make only one payment to the bank or credit union instead of several payments to all of your existing‌ ‌lenders. ‌You may be able to get a better rate from a bank or credit union than the interest rates on the loans you have. As such, you should shop around before you consolidate. Refinance. You might consider refinancing your mortgage. Here you can take advantage of the lower mortgage interest rate than you are currently paying on other loans. ‌It’s possible that you would have to increase your mortgage amount. ‌The cash will come in handy if you pay off expensive debt like credit cards. Ask for a payment plan. Unless you have a plan to pay it off, don’t charge medical expenses to credit cards. You may be able to negotiate assistance plans with medical providers. ‌It’s best to avoid in-office financing offered by doctors, dentists, and other medical professionals, however. Often, this ‌can‌ ‌often‌ ‌be‌ ‌more‌ ‌expensive‌ ‌than‌ ‌a‌ ‌personal‌ ‌loan. Earn more money. By paying off your debt faster, you become debt-free faster. ‌Identify ways to generate extra funds for your debt payment. ‌It may be possible for you to earn extra money through home sales, a side hustle, or income derived from‌ ‌a‌ ‌hobby. Consider negotiating a raise or working more hours at your full-time job to earn more. Retain your retirement savings. Avoid cashing out retirement accounts. ‌A 10% penalty applies to withdrawals from 401(k)s and traditional IRAs if you are younger than 59.5 ‌A qualified plan may also subject you to more taxation Speak to a credit counselor. Finance and debt management organizations are usually nonprofits. ‌An affordable payment schedule is the goal of a debt management plan. ‌Credit counseling agencies divide your monthly payment among your creditors. With the help of a credit counselor, you can create a personalized debt management plan. ‌The goal of credit counseling is to make your accounts payment in full without being in default. Credit counselors can be found at‌ ‌the National Foundation for Credit Counseling or the Financial Counseling Association of America. Frequently Asked Questions Should you be saving for retirement if you have debt? Getting out of debt might seem like a‌ ‌top‌ ‌priority. ‌However, saving for retirement is a matter of time. It’s also impossible to get back the money you’ve lost. Considering this, it’s a good idea to begin saving money now for your retirement. ‌It doesn’t matter how small your savings are. The easiest way to start saving for retirement is to open a traditional or Roth IRA. ‌Additionally, you should take advantage of your employer’s 401(k) matching plan. ‌It’s basically‌ ‌free‌ ‌money. And‌ ‌who‌ ‌doesn’t‌ ‌need‌ ‌more‌ ‌of‌ ‌that? Start paying off your credit card debt after you have saved for retirement. ‌By your golden years, you’ll be debt-free. What’s‌ ‌the‌ ‌best‌ ‌way‌ ‌to‌ ‌pay‌ ‌off‌ ‌debt? Spending within your means, especially with a credit card, is one of the best ways to reduce debt. ‌Ideally,‌ ‌you would avoid racking up interest by paying your bills in full and on time each month. Consider “snowballing” your payments if you have several accounts. ‌Taking care of smaller debts first will help you see results quickly and give you motivation to keep going. When should I consider debt consolidation? If you don’t have any income left over after living expenses and debt payments, you may have to consider debt consolidation. Make sure you change your spending habits if you choose this option. A consolidation loan won’t help if you spend more than you earn. In the past, a common way to simplify debt was to consolidate it. If you received eight different, it was easy to let one slip through the cracks. ‌With the internet, you can, however, set up automatic‌ ‌payments. Are you ever done saving? Simply put,‌ ‌no. It’s important to keep your savings account in the black for expected expensee. These include home maintenance, taxes, or utility costs. Also, you should save for acute emergencies like replacing your tires. ‌However, you should plan for them as they will happen eventually. Is being debt-free worth it? Paying off your debts enhances your financial well-being. ‌You’ll have more financial freedom and feel less stressed. And, it ensures that you’re retirement savings won’t run dry. Article by John Rampton, Due About the Author John Rampton is an entrepreneur and connector. When he was 23 years old while attending the University of Utah he was hurt in a construction accident. His leg was snapped in half. He was told by 13 doctors he would never walk again. Over the next 12 months he had several surgeries, stem cell injections and learned how to walk again. During this time he studied and mastered how to make money work for you, not against you. He has since taught thousands through books, courses and written over 5000 articles online about finance, entrepreneurship and productivity. He has been recognized as the Top Online Influencers in the World by Entrepreneur Magazine, Finance Expert by Time and Annuity Expert by Nasdaq. He is the Founder and CEO of Due. Updated on May 31, 2022, 3:39 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkMay 31st, 2022

Survey – Only 3 Out Of 10 Retirees Not Worrid About Inflation On Their Savings. 70% Running Out

How worried are you about inflation? ‌You probably have a positive outlook about retiring comfortably if you’re in the majority of Americans. Those are the results of the 32nd annual Retirement Confidence Survey conducted by the Employee Benefit Research Institute and Greenwald Research in January, polling 2,677 workers and retirees. Q1 2022 hedge fund letters, […] How worried are you about inflation? ‌You probably have a positive outlook about retiring comfortably if you’re in the majority of Americans. Those are the results of the 32nd annual Retirement Confidence Survey conducted by the Employee Benefit Research Institute and Greenwald Research in January, polling 2,677 workers and retirees. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more “Even with the concerns of the pandemic and rising prices, overall, American workers and retirees still feel positive about their retirements,” said Craig Copeland, director of wealth benefits research at EBRI. Results of the 2022 survey are nearly unchanged from the 2021 survey, with nearly 7 out of 10 workers reporting they are “somewhat confident” about retirement savings — ‌with nearly one-third reporting they are “very confident.” According to the survey, about 8 out of 10 retirees believe they can survive their golden years comfortably. ‌However, the pandemic ‌dampened optimism for a third of workers and a quarter‌ ‌of‌ ‌retirees. “The Americans who are more likely to feel that their futures appear grim since the pandemic are those who were already pessimistic about their futures, due to lower incomes, problems with debt or lower health status,” said Copeland. It’s not surprising that inflation and rising expenses are workers’ and retirees’ top concerns when it comes to retiring. ‌In‌ ‌fact, according to recent Fidelity data, 71% of Americans are concerned about inflation impacting their retirement readiness. And, for good reason. Why Inflation Has You Worried About Retirement From food to housing, everything is becoming more expensive. ‌A measure of price increases, the Consumer Price Index, rose 8.3% from a year earlier in April 2022. In addition to the findings from Fidelity, Pew Research reports that 70% of Americans ‌see inflation as “a very big problem” for the country. “Meanwhile, some older adults are choosing to put off retiring,” writes Michelle Fox for CNBC. “Thirteen percent of Gen Xers and baby boomers said they’ve postponed or considered delaying plans to leave the workforce because of rising costs, a survey from the Nationwide Retirement Institute found.” An unstable stock market could also make those saving for retirement rethink their investment strategies. ‌In addition, higher inflation could erode the value of Social Security checks, pension payments,‌ ‌and‌ ‌401(k)‌ ‌savings. It’s no secret that even in normal times, retirees who are preparing for retirement or who have already retired are concerned‌ ‌about‌ ‌running‌ ‌out‌ ‌of‌ ‌money. Inflation only amplifies those concerns. ‌Regardless of how well people plan, inflation is an uncontrollable variable that makes retirement planning difficult. Quite simply, inflation is the nemesis of fixed incomes. But, there are ways to protect your retirement savings from inflations. How to Fight Back Against Inflation and Make Your Money Last in Retirement Adjust for inflation. Those with steady wages might not feel the effect of inflation when they’re working, notes Cameron Huddleston for GoBanking Rates. ‌As such, inflation might not affect your retirement savings plan. “On average in the USA, we see that the prices of goods and services rise by 3% per year,” said Michael Hardy, a certified financial planner and vice president at Mollot & Hardy in Amherst, New York. “This means that over a 20-year time period, your $100,000 of retirement savings will likely be worth 60% less in terms of buying power 60% less.” For those who failed to factor inflation into their retirement calculations, they may need to spend more than they‌ ‌‌‌estimated “I find that most people fail to account for this change and it ends up costing them dearly years later,” Harday said. Along with saving more to prepare for inflation, delaying your Social Security benefits may also be an option. ‌ When you wait until 70 to claim Social Security, you can maximize your benefits. ‌The Social Security Administration’s cost-of-living adjustment, which is an inflation-adjustment for benefits, will also be applied to your bigger monthly check. “Now a greater proportion of your income will be inflation-adjusted,” said Dave Littell, professor emeritus of taxation at The American College. Keep calm and invest on. The level of inflation is the highest ‌ since the 1980s. ‌Higher inflation rates could quickly drop or be a longer term problem.‌Higher inflation rates could quickly drop or be a longer term problem. “Retirees are in a tough spot,” Darrell Pacheco, a certified financial planner in Charlottesville, Va., who runs a business helping employees make better financial decisions, told NPR. ‌According to him, people are scared by all the attention paid to inflation. “And when it comes to folks and their money, we know that high anxiety usually tends to lead us to make bad decisions,” he says. ‌ For example, panicking and dumping stocks. “Your best hedge against inflation is to remain invested,” Pacheco says. “Period.” Why? ‌Compared to bonds, stocks have a much higher rate of return over time. ‌Although U.S. stocks have fallen some lately, they’re still up over 10% from a year ago and a lot more since then. When it comes to retirement savings and investments, Pacheco says, “stick with your plan.” Are you unsure of whether you‌ ‌invested‌ ‌properly? ‌Investing should consist of a broad mix of investments appropriate for each individual’s age, says Pacheco. ‌Investing in target date funds is one way to make that happen.‌ Investing in target date funds is one way to make that happen. As you age, these may become less risky and can have low fees. “Target date funds are incredible vehicles … one of the best vehicles ever created,” Pacheco explains. “For many investors, that actually is a great all-in-one option.” Other investment options? Treasury inflation-protected securities. They’ll keep up‌ ‌with‌ ‌inflation. ‌ You can also hedge against inflation with real estate, commodities, and precious metals. Adopt a sustainable withdrawal rate mentality. In retirement, the sustainable withdrawal rate reflects the estimated percent of savings that you can withdraw annually‌ ‌without‌ ‌running‌ ‌out‌ ‌of‌ ‌money, explains Fidelity. By looking at history and simulating multiple outcomes, the experts at Fidelity came to the following conclusion. ‌Ideally, you should withdraw no more than 4% to 5% of your savings in the first year of retirement, and then adjust the amount every year for inflation. This should help to ensure that you are able to cover a consistent amount of expenses in retirement (i.e., it should work 90% of the time). It’s possible for your situation to differ. ‌ If you plan to travel extensively in retirement, you might withdraw more when you are young, and less when you are older. ‌In addition, there are factors outside of your control, such as how long you live, inflation, and the long-term return on ‌ ‌markets. However, this 4%-to-5% range can serve as a handy guideline when‌ ‌planning. Here’s‌ ‌a‌ ‌hypothetical‌ ‌example. ‌A 67-year-old man retires with $500,000 in retirement funds. ‌Each year, he withdraws 4%, or $20,000. ‌As he plans to withdraw an equivalent amount of inflation-adjusted savings over the remainder of his retirement, this $20,000 sets his baseline. His annual increase is based on inflation–regardless of how the market performs or what his investments are worth. Don’t keep too much cash on hand. For everyday expenses, emergencies, and large purchases, we all need cash on hand. ‌Cash, however, might not be the best long-term investment, especially when inflation is skyhigh. ‌With each passing year, inflation reduces the amount of goods and services you can buy with your money. Consider investing some of the extra cash you have in long-term investments that will ensure your buying power over the long run. ‌A good rule of thumb is to keep 3 to 6 months’‌ ‌worth‌ ‌of‌ ‌expenses‌ ‌in‌ ‌an emergency‌ ‌fund. ‌However, if you have more saved up, you’re probably better off investing‌ ‌it in something like Series I savings bonds. The U.S. government sells and backs I bonds, which have never defaulted. ‌It is impossible to lose money on I bonds unless the government collapses. In addition, Series I bonds keep up with inflation. For example, in November 2021, the Treasury announced an astounding 7.12% interest rate through April 2022. ‌These investments have never shown such high rates for this period. ‌To put that in perspective, almost all high-yield savings accounts and certificates of deposit pay less than 1.5% annual interest. ‌ The problem? We don’t know if I bonds will continue to pay‌ ‌7%‌ ‌after‌ ‌April. ‌After all, every six months, interest rates are adjusted for inflation. ‌As a result, they may rise or fall. Aim to get out‌ ‌of‌ ‌debt. Inflation in real estate taxes is a major concern for many investors. ‌However, it should actually ‌be‌ ‌‌‌rising debt loads. ‌An unprecedented number of older Americans still owe money on their mortgages, credit cards, and even ‌student‌ ‌loans. ‌The ‌Government Accountability Office found that the proportion of older households with debt increased from 58 percent in 1989 to 71 percent in 2016. There was also a substantial increase in the median amount of debt for older households with debt in 2016 ($55,300 in real 2016 dollars) compared with 1989 ($18,900). As a result, the share of older households with credit card, mortgage, and student loan debt was significantly higher in 2016 compared with ‌1989. When inflation rises, this debt will become even more of a financial burden. ‌Also, if it’s adjustable rate debt, such as a mortgage, that isn’t on a fixed rate-any inflation could be devastating. As such, anyone who is worried about late-life inflation should pay off their debt as soon as possible. Some suggestions include; You can pay off your loan faster if you make extra payments consistently. For instance, paying more than the minimum payment due or making multiple payments a month. Paying off your most expensive debt first. ‌If you do so, you reduce the amount of interest you pay and your total debt decreases. Alternatively, consider the snowball method. If you start with the smallest balance, you’re going to pay that off first, then roll the payment onto your next smallest balance, etc. You may be able to pay off your debt more quickly by refinancing to a shorter term. You may be able to repay debt faster if you consolidate high-interest rate loans or credit card balances into one loan with lower interest rates. Consider healthcare costs. “Medical care is one of those things that doesn’t really seem to go on sale – ever see a 2-for-1 offer on X-rays?,” asks the Marcus by Goldman Sachs team. ‌As we age, health care costs become a more important expense to consider when it comes to retirement, since the more money we spend on health care, the more we cost. Aside from taking up more of our budgets, medical costs generally tend to increase. ‌According to Health Affairs, a peer-reviewed health policy journal, health costs will increase by 4.1% on average between 2021 and 2023, not just for ‌older‌ ‌Americans. ‌This doesn’t even account for‌ ‌inflation. It may be possible to mitigate the impact health care has on your retirement funds with a little planning. Contrary to investing, where you aim to maximize returns, health care strategies are more about finding ways to save money outright (for example, by opening a health savings account) or get help with paying for health care, like ‌Medicare. The following are some considerations: If you have an HSA, maximize your contributions. You can use a Health Savings Account to set aside money for health care expenses in retirement, though it is not an inflation hedge. ‌Withdrawals from HSAs are tax-free as long as they’re used for approved medical‌ ‌expenses. ‌For singles with a high-deductible health plan in 2021, you can contribute $3,600 ($3,650 in 2022); for families, $7,200 ($7,300 in 2022). Stay on top of Medicare. You can enroll in Medicare after you‌ ‌turn‌ ‌65. ‌The plan can be combined with other medical insurance. ‌If you wait to enroll, you may have to pay higher premiums. Before you retire, consider long-term care insurance (or an alternative). There’s no direct way to stop inflation. However, it can help stretch your hard-earned dollars. A long-term health insurance policy covers care for the elderly, like adult daycare or assisted living facilities. Take advantage of‌ ‌annuity-based‌ ‌products. “One of the biggest misconceptions many people have is that retirement simply means living off of their pension, Social Security, or retirement savings,” states Pierre Raymond, a 25-year veteran of the Financial Services industry . “While this may be the case for a minority of people, the latter reveals that some Americans have still not placed any stress on their financial future when they reach the age of retirement.” In order to make things easier, some retirees may invest in various stocks and portfolios or consider taking out annuities that will provide them with monthly payments throughout their entire ‌lives. It isn’t as farfetched as it was a few years ago to find investment and savings products. “Companies and platforms such as Due have changed the game completely, making it easier, and more secure for any person to invest in their retirement,” adds Raymond. With Due, individuals can decide how much money they’re willing to invest (as it requires a lump sum and monthly payments), what their monthly installment will be, and the better you plan, the higher your monthly payout will be. “While annuities may have not been very popular over the last few years, baby boomers, and now millennials are understanding how they can grow their wealth with the help of annuity products,” he says. Put off major purchases. Jay Zigmont, a CFP and founder of Mississippi-based financial firm Live, Learn, Plan, says to put off major purchases now, especially on a new car. “If your car works and gets you to” point A to B,” then stick with it,” he says. Consumer price index data shows that new car prices inched upward 11.1% last year, even though auto loan rates are low. ‌Over the past year, used cars have seen their inflation rate rise by 31.4%. ‌Zigmont‌ ‌suggests that car prices are getting out of touch with reality, and consumers ought to ask themselves if they truly need a new car. “Try paying for a complete detailing of your car and it will feel new to you without the sticker shock,” he suggests. Rather than shopping around for another lease when a car lease is about to expire, financial planner Chris Diodato suggests purchasing the car. ‌According to Diodato, a CFP and founder of Florida-based WELLth Financial Planning, the initial lease contracts indicate purchase prices far below current resale values. Keep bringing home the bacon. How can you conserve‌ ‌your‌ ‌capital? ‌Continue to earn money. ‌In the end, every dollar you earn in retirement is a dollar you won’t need‌ ‌to‌ ‌withdraw. However, that does not mean you have to stay in your 9-to-5 job you’ve been hoping to quit as soon as possible. Maybe you could get back on your hours and work part-time. If you’re already retired, you could make money as a consultant, freelancer, or join the gig economy. If you have grandkids, you could offer to babysit. Speak with a professional‌ ‌financial‌ ‌planner. Having a financial professional by your side can help you prepare a good strategy and test out possible‌ ‌scenarios. They can also help you update your plan on a regular basis to reflect changes to the market and your goals. Lastly, there isn’t enough serious discussion about changing inflation expectations among financial planners. Take retirement seriously and don’t let complacency creep in.‌ ‌If you want to have a successful retirement, revise your assumptions and get the right guidance. Frequently Asked Questions What is inflation? When our money loses its purchasing power, we’re experiencing inflation. ‌Inflation occurs when product and service prices increase. For‌ ‌example,‌ ‌a‌ ‌gallon‌ ‌of‌ ‌gas‌ ‌now tops $4; last year it cost around $3. In other words, filling your gas tank has been more expensive. Economies refer to the “inflation rate.” ‌This is the rate at which the cost of various consumer goods increases. ‌We have had an inflation rate of about 3% for the last 20 years. Inflation in the United States was 8.3% for the 12 months ended April 2022, down from 8.5% the previous year, based on Labor Department data published May 11. What causes inflation? It’s easy to divide inflation into two types: demand-pull inflation ‌and cost-push‌ ‌inflation. ‌These phrases may sound strange to you. But, they reflect experiences that many of us have experienced. In a cost-push, prices rise when costs go up, like wages or materials. ‌As a result of these higher costs, prices go up, which adds to‌ ‌the‌ ‌cost‌ ‌of‌ ‌living. Consumers have resilient interest in a particular service or good, which generates demand-pull inflation. Various factors may contribute to such a demand, such as a low unemployment rate, a high savings rate, or a high level of consumer‌ ‌confidence. ‌As demand for products increases, companies produce more to keep up, which, in turn, could result in price increases and product shortages. How much money can inflation cost retirees? It is astonishing how much inflation can cost retirees in terms of actual dollars. Over a period of 20 years, LIMRA Secure Retirement Institute calculated the effect of inflation on the average Social Security benefit. ‌One percent inflation could wipe out $34,406 in retirees’ benefits, according to the research. ‌In the event of a 3% increase in inflation, the shortfall would amount to‌ ‌more‌ ‌than $117,000 What can retirees do to mitigate inflation’s impact? There are ways to minimize the impact of inflation on your retirement, despite the fact that you can’t directly alter it. A logical start would be to cut costs on housing, for example. ‌The cost of property taxes, utilities, homeowners insurance, and maintenance gets cheaper when you move from a large to a smaller house. And, that’s true even if you’ve paid off your mortgage. Additionally, you should add investments to your portfolio that are likely to rise in value over time. ‌For instance, a real estate investment trust (REIT). Or, stock in the energy sector. These will likely increase in value along with inflation. And, it’s better to balance stocks with bonds. The reason is that they tend to have better returns. How worried should I be about inflation? “First, keep in mind that inflation is why we invest,” writes Doug Ewing for Nationwide. “While you may feel caught off guard by the recent price surge, by investing in the stock market you’ve already been preparing for this very moment.” ‌The annual US inflation rate was 3.25% from 1914 to 2022. ‌From 1926 to 2021, the S&P 500® Index has averaged 10.49% annual returns. “By staying invested over the long term, you haven’t just been keeping up with inflation, you’ve been building wealth.” You should also know that economists have studied the relationship between inflation and stock market returns for a long time. “While many have concluded that inflation has a net negative impact on the markets, there does not appear to be a clear correlation between inflation and market returns,” adds Ewing. “Historically, periods of high inflation have seen both positive and negative stock market returns.” ‌Many‌ ‌factors‌ ‌affect stock market performance, including inflation. On top of that, retirement spending often decreases. The fall in spending is so steep that even with inflation people spend less. As such, if you’ve taken the steps listed above, inflation should not deplete your savings. Article by John Rampton, Due About the Author John Rampton is an entrepreneur and connector. When he was 23 years old while attending the University of Utah he was hurt in a construction accident. His leg was snapped in half. He was told by 13 doctors he would never walk again. Over the next 12 months he had several surgeries, stem cell injections and learned how to walk again. During this time he studied and mastered how to make money work for you, not against you. He has since taught thousands through books, courses and written over 5000 articles online about finance, entrepreneurship and productivity. He has been recognized as the Top Online Influencers in the World by Entrepreneur Magazine, Finance Expert by Time and Annuity Expert by Nasdaq. He is the Founder and CEO of Due. Updated on May 27, 2022, 3:04 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkMay 27th, 2022

How to spot WhatsApp spam and stop it from reaching you

WhatsApp spam is becoming a problem, but there are certain ways to recognize and prevent some of this spam. You can prevent some of the spam you receive on WhatsApp with a few tactics.Reuters WhatsApp spam is becoming a problem, but there are ways to recognize and prevent some of this spam. Follow the same rules for recognizing spam and fraudulent messages as you would for email.  Here are the top ways to recognize WhatsApp spam and how to combat it.  If you're a frequent WhatsApp user, you have probably noticed that the volume of spam messages has been on the rise. Like the epidemic of traditional spam phone calls and emails that started to plague mobile users a few years ago, WhatsApp spam is getting to be a serious distraction. If you know what to look for, though, you can minimize the impact of WhatsApp spam by blocking and avoiding some of the worst of it.How to spot WhatsApp spamAs it happens, there are several different kinds of WhatsApp spam, each with a unique signature format and method for avoiding it. Suspicious linksThe same rules for recognizing email and SMS spam also apply in WhatsApp. First and foremost: Unsolicited messages from someone you don't know that includes any kind of link is probably spam. The message's goal is to get you to tap the link and go to a website, send a payment, or download an app (which may or may not be malware). Don't tap links in WhatsApp messages unless you know exactly what that link is going to do or is from someone you trust. Login requestsYou've probably seen any number of email messages that masquerade as login requests, password recovery emails, notes from your bank, or other security-themed messages. If you know the signs, it's generally pretty easy to recognize fraudulent login emails when you see them. On WhatsApp, it's even easier — just assume 100% of unsolicited messages are fraud and spam. Genuine websites like online stores and banks do not use WhatsApp to request logins, validate accounts, send password recovery or two-factor authentication emails. If you get anything like that, it's spam.Frequently forwarded messagesOne of the laziest ways for spammers to flood your inbox with spam is by forwarding messages to many people, either all at once or in batches. Either way, WhatsApp is pretty good at detecting this, and warns you. When you open a conversation, forwarded messages show an arrow with the Forwarded at the top of the message; if it has been forwarded more than five times, it instead says Forwarded many times. If you see that, you can be virtually guaranteed it's some kind of unwanted spam and is safely ignored. You can tell at a glance if a WhatsApp message has been forwarded more than five times.Dave JohnsonHow to stop WhatsApp spamNow that you know what some of the most common kinds of WhatsApp spam look like, how can you deal with and stop it? Unfortunately, stopping spam is an uphill battle and it's simply not possible to eliminate it entirely. There will always be a higher volume of spammers targeting your inbox than you personally have the time or energy to combat. Even so, you can make a sizable dent in the amount of spam you receive with these tactics. Opt out of groupsGroup spam is common because it's convenient and time-effective for spammers to add a lot of people to a group and then spam them all at once. Thankfully, it's easy to prevent strangers from adding you to groups in the first place. In WhatsApp, tap Settings and then tap Account. Tap Privacy, then Groups. By default, anyone can add you to a group, but you can switch it to My Contacts or My Contacts Except and specify who in your contacts can't add you to a group. You can tell at a glance if a WhatsApp message has been forwarded more than five times.Dave JohnsonReport spammersIf you get messages from someone and they are clearly spammy in nature, you can report that user directly to WhatsApp. Will this have an effect on their account or the volume of spam you receive? It's hard to say — but it only takes a moment to report a spammer, so it's worth doing. Open the conversation with the spammer and then tap on their name at the top of the screen. On the Contact info page, scroll down and tap Report Business or Report [phone number], depending upon the kind of user who spammed you. If you get spam, take a moment to report the sender.Dave JohnsonBlock a spammerReporting the contact who sent you spam might be good for the WhatsApp community at large, but there's a way to have a more immediate effect on your own WhatsApp inbox — you can block the user, which means they will no longer be able to send you messages or calls. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 17th, 2022

I bought KFC"s assemble-it-yourself chicken and flowers gift bouquet for my mom. It was a hit.

An assortment of colorful roses and hot KFC chicken tenders in a vase? I couldn't resist. It would be funny, intriguing, and delicious all at once. Stephanie Nieves' sister, Sajdah.Courtesy of Stephanie Nieves When KFC announced a Mother's Day "Bucket" recently, I knew I had to get it for my mom. The buckquet was a do-it-yourself kit to create a bouquet of chicken and flowers. My sister put it together, and my mom loved it. The joy — and food — was a gift for all of us. When KFC announced its new Mother's Day "Buckquet," I knew I had to get it.KFCAn assortment of colorful roses and hot chicken tenders in a vase? Who could resist? It would be funny, intriguing, and delicious all at once.KFCThe deal was announced in a press release on April 26, and interested customers could order between May 1 and May 3.KFCCustomers who ordered first got lucky, because the buckquet was sold out in 24 hours.KFCThe buckquet was a "do-it-yourself" kit. I ordered it for my little sister, Sajdah, to give to my mom because I'm in Texas and they're both in New York.Courtesy of Stephanie NievesIt was her job to pick up the order and put the arrangement together by hand.Courtesy of Stephanie NievesIt came with a dozen warm-colored roses from Proflowers, eight skewers, a vase, a KFC vase appliqué, and a card for Mom.Courtesy of Stephanie NievesThe food came separately, and I chose the “Sides Lovers” meal mentioned in the press release — a feast of fried chicken or tenders, three large sides, and four biscuits.Courtesy of Stephanie NievesOrdering was easy. I just had to preorder a Sides Lovers meal on KFC's website and schedule a pickup.Courtesy of Stephanie NievesThe meal cost $27.49, not including tax. I got a special code through email with a link to Proflowers for the arrangement.Courtesy of Stephanie NievesI scheduled a delivery for the Friday before Mother’s Day, and the flowers arrived in a bright pink box.Courtesy of Stephanie NievesOn Sunday, my sister went to KFC to pick up the order, and it was made for her on the spot and handed to her fresh.Courtesy of Stephanie NievesAssembling the buckquet was the fun part, she told me.Courtesy of Stephanie NievesShe took the flowers out of the box and arranged them in the vase, then poked the chicken tenders through the skewers one by one.Courtesy of Stephanie NievesThe skewers were a lot taller than the vase and flowers, so they were sticking out hilariously.Stephanie Nieves' sister, Sajdah.Courtesy of Stephanie NievesShe peeled the sticker and applied it to the vase as the last step, and voila: She had a lovely display of sweet flowers and savory chicken.Courtesy of Stephanie NievesBefore deciding on this buckquet for our mom, we thought about getting her something else for Mother's Day, as many other fast food chains also had exclusive deals for moms.KFCSOPA ImagesInsomnia Cookies promoted a limited-edition gift box, featuring 12 classic cookies and some pretty purple packaging.Insomnia CookiesTim Hortons offered a DIY Donut Kit complete with six donuts, frosting flavors, and toppings, and moms ate for free at Wienerschnitzel when they ordered a chili dog, small fries, and a small soda.Tim HortonsStill, we found the Mother’s Day Buckquet to be much more impressive — and so did our mom.Courtesy of Stephanie NievesWhen our mom walked into the kitchen, Sajdah said she almost didn't notice the crispy chicken tenders sticking out of the roses. She was just happy to see flowers!Courtesy of Stephanie NievesBut as she walked closer to the buckquet, she was pleasantly surprised. She reacted as anyone would — by laughing and reaching out for a stick.Courtesy of Stephanie NievesAll of her senses were engaged: The assortment looked beautiful, the smell was tantalizing, the tenders were fresh and juicy, she was able to engage with it, and her shriek was proof that this gift had been a great one.Courtesy of Stephanie NievesNoticing that the skewers were towering over the flowers, our mother went into her kitchen drawer, pulled out some pliers, and cut them so that the chicken and roses were the same height.Courtesy of Stephanie NievesYou would think we would need to explain why there were chicken tenders assorted among roses, but we didn't. When you see a buckquet of chicken and roses, you eat first and ask questions later.Courtesy of Stephanie NievesI'm thankful that our mom appreciated this gift, but I knew she would. We're big fans of the finger lickin' good fast-food chain.Courtesy of Stephanie NievesGrowing up, my mom would always get us the Famous Bowl with coupons or order a family meal for me and my siblings. We could never get enough of their crispy fried chicken, soft mashed potatoes, and flaky biscuits.A KFC Famous Bowl.KFCMy mom, sister, and I have had nothing but good experiences at KFC, and this buckquet helped us make yet another positive memory.Courtesy of Stephanie NievesBut the buckquet hasn't been a positive experience for everyone. Under New MGMT, a floral design studio that seeks to "shift traditional industry power structures by exclusively hiring and collaborating with individuals from the POC, immigrants, women, and members of the LGBTQ+ communities," said on Instagram that it's been doing a chicken bouquet for two years now. A post shared by ✿ BUST YOUR DREAMS WIDE OPEN✿ (@undernewmgmt) KFC's Instagram post about its buckquet was flooded with comments in support of the studio. A post shared by Kentucky Fried Chicken (@kfc) A spokesperson for the company told Insider: "KFC has historically played into the concept of combining flowers with fried chicken, beginning in 2014 with the KFC corsage and again in 2017, when KFC UK debuted a version of a fried chicken bouquet. Our intent was to delight consumers through a small, limited release during Mother's Day. We are fully supportive of others who have found distinctive ways to similarly delight consumers through this concept."Courtesy of Stephanie NievesEven though my sister and I learned about the controversy after giving my mom her gift, buying it allowed us to continue our fast-food traditions as a family this Mother’s Day.Courtesy of Stephanie NievesThis gift was meant for my mom, but really, it was a gift to all of us (I mean — she wasn't going to eat all of those sides herself!).Courtesy of Stephanie NievesMother's Day is truly every day, so you should get your mom something sweet (and savory) while you can.Courtesy of Stephanie NievesRead the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 12th, 2022

25 Ways To Save Fuel And Money

Gas prices. Am I right? As of March 31, 2022 the average national price for a gallon of regular gasoline touched $4.25, according to AAA. As you your wallet infomed you you, this is some the highest prices ever. And, that’s not even taking inflation into account. Q1 2022 hedge fund letters, conferences and more […] Gas prices. Am I right? As of March 31, 2022 the average national price for a gallon of regular gasoline touched $4.25, according to AAA. As you your wallet infomed you you, this is some the highest prices ever. And, that’s not even taking inflation into account. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more What about the cost for diesel? That’s over $5 per galloon. And, yes. That’s also shattered records. Despite this, many of us still rely on our vehicles to commute to work or run errands. And, regardless of the record-breaking prices, road trips remain popular. Ways to Save Fuel and Money While there isn’t much of a silver lining here, there are still ways for you to conserve fuel so that you can save more and spend less. Find the best gas station near you by tracking local prices. Looking for the best gas prices in the U.S. and Canada? By using the apps GasBuddy and Waze, you can get the price of gasoline in your area. There are tens of thousands of gas station locations listed on these fuel finding apps, with near-real-time prices. Moreover, both apps are available on the web or through mobile apps for Android and iOS. Those who drive a lot may want to roll with GasBuddy Premium. Even though it’s a $99 annual membership, it promises to save drivers up to $0.40 per gallon. Use a rewards credit card. You should apply for a rewards credit card if you do not already have one. But, what exactly are they? Well, they’re nothing more than a credit card that earns cash or points on every time you fill up. For consumers with excellent or good credit, popular options include; The Blue Cash Preferred® Card from American Express. You can earn between 1% to 5% cashback on all eligible U.S. gas station purchases The Citi Premier® Card. Another credit card offering a 3% return on gas purchases. Discover it® Cash Back. You can earn bonus cash back, usually 5%, in quarterly categories that you activate. The Wells Fargo Propel American Express® Card. 3% effective return rate is earned on purchases made at eligible gas stations. PenFed Platinum Rewards Visa Signature® Card. It is one of the best cards for earning gas rewards since cardholders earn 5 points per $1 spent at a gas station. For Costco members, Citi offers the Costco Anywhere Visa card, a rewards card featuring a robust rewards program. The first $7,000 of eligible gasoline purchases earns 4% cashback (payable as Costco store credit), which is adequate for all but the most taxing drivers. Are you partial to a specific gas station family. If so, join its rewards program and apply for a store credit card. You’ll earn instant savings at the pump or redeemable rewards. Compared to regular credit card rewards, instant discounts from these rewards programs can provide a better rate of return as well. Pay with cash. Even if you have a rewards credit card, you might want to proceed with caution. After all, it’s not uncommon for gas stations to charge you more if you pay with a credit card. “Depending on where you are, that may be 10 to 15 cents a gallon,” said Andrew Lipow of Lipow Oil Associates. However, there is the possibility of even greater savings. Some stations may even go as high as offering a 75-cent discount. Why do gas stations prefer cash? Fuel stations and other merchants pay a fee to credit card companies for processing their transactions. Generally, the fee is 2% to 3% of the purchase price, according to the Georgia Department of Consumer Affairs. Another reason? You can’t pay at the pump, unlike credit cards. That means you have to go inside. “To buy the snacks and the drinks and whatever they’re selling,” Lipow said. “Most of the profit for a convenience store is coming from the sale of food, beverages, and cigarettes. If do use cash, just make sure that your resist temptation from impulse buys. One trick I use is filling an exact dollar amount and only having that cash on me. So, I spend $50, then I only bring in a $50 bill when paying for gas. Avoid premium. There was a time when premium gas made sense. This was because it contained additional detergents and additives to help prevent carbon deposits. As such, it could assist in cleaning a car’s engine. However, as Jason Kavangh writes for Edmunds, “now, because of government regulations aimed at cutting emissions, most major brands of gasoline have plenty of additives in all grades to both protect engines and cut pollution.” In short, filling your tank with a premium is a waste of money. The exception? Vehicles that require premium fuel. Fuel up on the right days. When should you fuel up? According to GasBuddy, Mondays. For the whole country, the cheapest day to buy gas in 2021 was Monday. Gas prices started the week at their lowest point in several previous years at the start of the week. Even though Friday has traditionally been one of the most expensive days to fill up with gas because of the weekend start, in 2021 it was the second least expensive day to do so. “Though there is variation in daily gas prices across different states, the consensus is that filling up at the beginning or end of the work week, on Monday or Friday, is the best way to save money,” stated Patrick De Haan, head of petroleum analysis at GasBuddy. How much can you really save by filling your tank on the right days? By filling up on the cheapest days of the week, GasBuddy estimates that drivers can save $50 to $100 per year. According to this calculation, gas costs roughly $3.35 per gallon, with four fill-ups per month of 12 gallons each, and on other days of the week, gas runs 7 cents to 12 cents more expensive. Purchase discounted gas cards through a reseller. Discounts on gas are available to members of Costco, Sam’s Club, and Walmart Plus. Walmart Plus offers a 5-cent discount at its fueling centers and offers access to all Sam’s Club locations. The cost of a membership with Sam’s Club is between $45, whereas memberships with BJ’s Wholesale Club are $55 and Costco are $60. “Gas prices at warehouse clubs are nearly always lower, ranging from 5 cents to 25 cents less per gallon,” says De Haan. “And when prices rise, they hold their prices down for longer.” What’s more, if you’re buying groceries in bulk then being a warehouse member is well worth the price. As if that weren’t enough, you can expect additional coupons and cashback rewards. Use free or discounted gift cards. A gift card is a popular choice for an easy present, but not all of them are redeemed. As such, many resellers let consumers resell their unused gift cards and buy them cheaply. You can buy and sell unused Chevon, Texaco, Shell, BP, and other gas gift cards over at Gift Card Granny and Raise. It’s likely that most of these discounted gas gift cards are out of stock right now. However, you can sign up for email alerts when new ones become available. Both gift card sites also sell gift cards at retail rates, and Gift Card Granny also has reward cards. Always read the fine print and make sure the discount you are getting matches the details of the card. Ease up on the gas and brakes. In general, gas mileage rapidly declines when driving over 50 mph, costing you approximately $0.23 extra per gallon for every 5 mph above that speed, according to the Department of Energy. “The harder your engine works, the more gas it’s going to take. Rapid acceleration and high-speed driving make your engine work harder, and therefore, it sucks up more gasoline,” says Jack Gillis, executive director of the Consumer Federation of America and author of “The Car Book.” Fuel is often wasted not only when we accelerate quickly, but also when we brake suddenly. To avoid this, it is recommended to coast to a red light or downhill. Also, observing the speed isn’t just safer, it’s also a surefire way to avoid speeding tickets. In case you’re wondering, the average cost of a speeding ticket is $150. Additionally, your auto insurance will be lower too. A speeding ticket in the U.S. costs an average of $2,029 per year, while a clean driving record costs $1674. Don’t be an an aggressive driver. Aggressive driving, such as speeding, rapid acceleration, and braking, also wastes fuel. At highway speeds, it can reduce your gas mileage by 15 to 30%, and in stop-and-go traffic, it can decrease it by 10 to 40%, notes the Department of Energy. You can improve your driving efficiency with driver feedback devices. According to a recent study, they can help drivers improve fuel economy by about 3% and can save drivers about 10% by using them. In addition to saving gas money, sensible driving is also safer for you and others. And, it can prevent vehicle damage or costly tickets. Keep your vehicle light. Stop storing items in your vehicle that are unnecessary, especially heavy ones. You might lose 1% of your MPG if you carry 100 extra pounds in your vehicle. In general, smaller vehicles are more affected by the reduction due to their increased weight relative to their original weight. Don’t add drag. The aerodynamic drag (wind resistance) caused by hauling cargo on your roof can reduce your fuel economy, explains the Department of Energy. For example, a large, blunt roof-top cargo box can reduce fuel economy by around 2% to 8% when driving in the city, 6% to 17% on the highway, and 10% to 25% at Interstate speeds (65 mph to 75 mph). The fuel economy of rear-mounted cargo boxes or trays is significantly less. In city driving, they reduce fuel economy by 1 to 2%, and on the highway they reduce it by 1 to 5%. Avoid excessive idling. Fuel use during idling can range from a quarter to a half gallon per hour, depending on engine size and air conditioner usage. Because of this, Be sure to switch off your vehicle’s engine when you park. After all, it only takes bbout 10 seconds of fuel to start it up again. Use cruise control. In hilly areas without cruise control, you may get better gas mileage, because the system tends to downshift too much and waste fuel. Other than that, however, cruise away. The use of cruise control while maintaining a steady speed has been shown to reduce fuel consumption. Additionally, this ensures that you aren’t breaking the speed limit. Which again, prevents pricey speeding tickets, Check your gas cap. A gas cap that isn’t sealed, has a fault, or is missing can reduce your fuel efficiency by 2%. The reason? Well, gas caps keep your fuel from leaking as it evaporates. On hot days, evaporated fuel escapes quickly through any cracks in the cap if it is faulty or unsealed. The majority of modern cars have a sensor that alerts you when the gas cap is faulty. However, checking for cracks, chips, or tears at least once a week isn’t time-consuming. And, it’s a simple way to save both fuel and money. Maintain your vehicle. You will not only save money on repair costs down the road, but you’ll also save fuel in the interim by performing regular maintenance. You should change your oil and filters regularly as it thickens over time as deposits accumulate. You should also address the check engine light (CEL) immediately. All of the devices that can trigger a CEL, such as oxygen sensors, spark plugs, and throttle bodies, have to work together to maximize the efficiency and performance of your engine. Follow the service interval recommended in your owner’s manual for best results. While you’re at it, make certain that your tires are inflated properly. By keeping your tires inflated properly, you will improve your gas mileage by 0.6% on average, and even by 3% in some cases. Tires underinflated by 1 psi can decrease gas mileage by about 0.2%. In addition, properly inflated tires last longer and are safer. And, speaking of your tires, make sure that they’re properly aligned and rotated frequently. It’s suggested that when you get an oil change that your tires are rotated at the same time. Map out your routes. By suggesting certain routes that avoid hills and traffic, Google Maps will also help you increase your miles per gallon. On the Android and iOS apps, fuel-efficient routes are available. However, not all users have yet been provided with this feature. Google Maps has an option to turn on fuel efficiency simply by tapping the three dots, then navigating to “Route options” and selecting the “Prefer fuel-efficient routes” option. Fuelio and Jerrycan are other fuel-tracking mobile apps you might want to explore. These apps allow you to track gas prices along with improving your fuel efficiency. According to JerryCan, its app can help drivers save up to 20% in fuel consumption. Claim expenses. Did you may be able to deduct gas expenses on your tax return? The caveat? You must own a business or are self-employed and use the vehicle for business purposes. To find out whether your individual situation qualifies for deductions, you’ll have to do some research with the Internal Revenue Service or speak with an expert. Modify your commute. It is more expensive and environmentally harmful to drive alone to work than to take any other form of transportation. The problem is amplified if you work in a congested district where parking is limited and hard on your wallet. With that in mind, you may want to consider more cost-effective ways of getting to and from work. You have several options depending on your location, how much time you have in the morning, and whether you are physically fit. Establish a carpool with co-workers who live nearby and rotate driving responsibilities daily or weekly. Use of public transit, including bus or train services, to reduce your net cost per trip, such as local or regional buses and trains If possible, walk or bike to work. Work from home (if possible). COVID-19 has demonstrated that many white-collar jobs can be done remotely without affecting productivity significantly. In fact, according to Gallup’s September 2021 update of its monthly employment trends, 45% of full-time U.S. employees worked from home either all (25%) or part of the time (20%). Consider negotiating a remote work arrangement with your employer if you are able to do your job remotely, but you have not yet done so. The possibility of part-time or full-time remote work can substantially reduce your household transportation costs, and a full-time remote position may open the door to living in a less congested, expensive, or more green community. Stop looking for the “perfect” parking spot. The average U.S. motorist spends 17 hours per year and $345 per driverlooking for parking, according to Inrix. It should be noted, though, that some question those figures. However, choosing parking spaces farther from your destination is one way to reduce fuel waste — even if it’s not as much as Inrix reported. While this rule isn’t always feasible in areas with insufficient parking space, such business, shopping, and entertainment districts, it’s still worth trying. To put it simply, rather than driving around the block in search of the perfect spot, go to a less congested area and travel by foot. As an added bonus, this is beneficial to your health. Keep left turns to a minimum. As with idling, waiting for an opportunity to turn while idling in the left turn lane takes much more time (and gas) than making a right turn. Similarly, UPS found that they could save $300 to $400 million a year by minimizing left turns on their delivery routes, in addition to saving on wages and maintenance. Use the eco setting or limit your air conditioning/heater usage. It’s been estimated that using your car’s air conditioner can reduce fuel economy by 25%. In very hot weather, on short trips, and in hybrid vehicles, this effect is particularly noticeable. Use the coolest non-AC fan setting instead of your air conditioner on more pleasant days. Use your vehicle’s “eco” AC setting if it has one when it is too hot to go entirely without air conditioning. Also, parking your vehicle in the shade may also help. What about colder weather? Avoid using power-sucking features like seat warmers, window defrosters, or heater fans. Or, try to use them briefly. And, as opposed to parking in cooler spaces like in the share, keep your vehicle parked in an enclosed space is possible. Don’t drive in heavy traffic or bad weather. Fuel economy decreases when you’re stuck in traffic or when it’s windy or rainy, as well as during busy, high-traffic times. The reason? You must use more fuel to overcome air resistance when driving in bad weather because there is more air resistance. And, if you’re stuck in traffic, you’re likely to stop and start, idle, and weave, and your fuel economy decreases faster than you can keep up with. Stop running on fumes. Though it may not happen too often, it’s interesting to learn that if you wait until the tank is empty before filling up, explains Virtual Drive, you may cause an expensive mechanical issue. In your vehicle, the gasoline acts as a coolant for the motor of the electrical fuel pump. In turn, the pump will attempt to suck in air when your tank is empty. Over time, this could result in the fuel pump overheating and even failing prematurely. In addition, it is important to avoid getting dirt in your fuel tank as well as possibly running out of fuel and becoming stranded. And, as a result of your desperation, you may choose the first station you see even if it’s at a higher price per gallon. Consider buying a more fuel efficient vehicle. Finally, you can save money on gasoline by buying a vehicle with a higher MPG (miles per gallon) rating. If you don’t want to worry about fuel prices ever again, think about a hybrid car or an electric vehicle — if it’s within your budget. In general, vehicles with manual transmissions tend to be more fuel efficient than automatic transmissions. And, in my opinion, it’s fun to drive a manual transmission. Article by John Rampton, Due About the Author John Rampton is an entrepreneur and connector. When he was 23 years old while attending the University of Utah he was hurt in a construction accident. His leg was snapped in half. He was told by 13 doctors he would never walk again. Over the next 12 months he had several surgeries, stem cell injections and learned how to walk again. During this time he studied and mastered how to make money work for you, not against you. He has since taught thousands through books, courses and written over 5000 articles online about finance, entrepreneurship and productivity. He has been recognized as the Top Online Influencers in the World by Entrepreneur Magazine, Finance Expert by Time and Annuity Expert by Nasdaq. He is the Founder and CEO of Due. Updated on May 4, 2022, 2:25 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkMay 4th, 2022

53 genuinely useful gifts to get your teacher for Teacher Appreciation Week

For Teacher Appreciation Week, show teachers you care with one of our gift ideas, from a mug warmer to gift cards. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.For Teacher Appreciation Week, show teachers you care with one of our gift ideas, from a necklace to a school supply organizer.AmazonThe best teachers work tirelessly inside and outside the classroom with endless enthusiasm, patience, and compassion along the way. Whether it's Teacher Appreciation Week or the last day of school, they deserve a little token of gratitude for all that they do.The greatest way to show a teacher that their work doesn't go unappreciated is by giving them a thoughtful gift, be it a sentimental card or a practical item that makes their life easier. Below, we outlined the best gifts for teachers, from delicious snacks to morning routine upgrades.53 of the best teacher gifts in 2022:A video montage from their studentsMontageGroup video gift, available at Montage, $29Nothing will bring happy tears to a teacher's eyes quite like a video montage from their students. The Montage platform makes it easy to compile videos — it sends email invitations to each person, provides instructions to upload their videos on the website, and compiles the videos into a montage with background music.A subtle but specific necklaceAmazonLcherry Bar Necklace, available at Amazon, $16.98Gifts that are teaching themed can often be kitschy or cheesy, but this necklace has the best of both worlds. It acknowledges the specific work of a teacher in the packaging, but is simple and subtle enough to wear each day. A plant set that will never dieTargetArtificial Succulent Plant Arrangement, available at Target, from $15If they love the look of plants but rightfully don't have the time to maintain them, a fake succulent assortment is a great option. It looks just like a terrarium but will never wilt. A chic school supply organizerAmazonMarbrasse Bamboo Art Supply Organizer, available at Amazon, $24.99This school supply organizer is an elevated take on the typical plastic container. It rotates for convenient access, but it can blend seamlessly in their classroom or home.Something to add to their snack stashSnack MagicSnack Magic Stash, available at Snack Magic, from $35Almost every teacher keeps a stash of snacks and treats for those days when they really need a pick-me-up. With a snack magic box, you can create a custom snack box full of treats the teacher will love.A comfortable space to workBed Bath & BeyondLapgear Lap Desk, available at Bed Bath & Beyond, $34.99Teachers inevitably have to bring their work home. With this lap desk, at least they can work comfortably from their bed or the couch as they lesson plan or grade on weekends. The desk comes in seven unique patterns.A personalized message from their favorite celebrityCameoCameo Video, available at Cameo, from $1Take the gold standard of teacher gifts — a personal and thoughtful letter — up a notch and have their favorite celebrity deliver the message. You can choose from thousands of celebrities to record a personalized video message to send to the teacher. (Since the more famous celebrities can be pricier, this can be a great gift to split with other classmates).Relaxing bath saltsRitualsMagnesium Bath Crystals, available at Rituals, $17.50Even the most energetic teacher knows that teaching can be exhausting. Give them something to help them relax and unwind at the end of a long day. These bath crystals are designed to soothe muscles and improve sleep quality.Something to make their classroom more comfortableSteph Coelho/Business InsiderHoneywell VersaHeat Digital Two Position Ceramic Personal Heater, available at Amazon and Walmart, $44.96Most teachers don't get to choose the temperature of their classroom, and shivering or sweating uncontrollably doesn't make for an ideal workday. With this space heater that also functions as a fan, they can make their classroom comfortable all year long. Just be sure to check that space heaters are allowed in classrooms before purchasing.Hand cream to combat drynessAmazonTonymoly Hand Cream, available at Amazon and Ulta, $12After washing and sanitizing their hands all day long, teachers' skin easily becomes dry and cracked. This premium peach hand cream will keep their hands soft and smelling nice.A warming plate for their coffeeAmazonMr. Coffee Mug Warmer, available at Bed Bath & Beyond, from $11.99It's a rare day that a teacher gets to finish their coffee before it gets cold. Give them the gift of perpetually warm coffee with this mug warmer they can plug in right at their desk.Bookends for their home or classroomWest ElmAgate Bookends, available at West Elm, from $34These beautiful bookends are made of solid agate. They can decide to use it in their home library or as a homey accent in their classroom. Something to satisfy their sweet toothBaked In ColorRainbow Chocolate Chip Cookie Tins, available at Baked in Color, from $30Many teachers keep a secret stash of their favorite treats hidden somewhere in their desks. Satisfy their sweet tooth with a tin of beautiful rainbow chocolate chip cookies.A story from the students' perspectiveTarget"Dear Teacher," available at Target, $11.16Perfect for preschool or kindergarten teachers, "Dear Teacher" is a love letter to all kinds of educators, written from the perspective of the kids who learn from them. It's an adorable message that teachers can share and appreciate with their students.A scented candle that reminds them of a happy placeAmazonHomesick Scented Candle, available at Amazon, from $31.28This is a great gift that's sure to make them feel sentimental. Whether it's their hometown, college town, or favorite spot to vacation, a Homesick candle — with scents inspired by all sorts of locations — will bring them back to that favorite place.A tablet and pen that lets them convey handwritten material remotelyAmazonXP-Pen Graphic Tablet, available at Amazon, $25.99One of the difficult aspects of remote learning is finding resourceful and convenient ways to mirror in-person tactics teachers use. This Graphic Tablet lets teachers draw using the stylus to convey information they may have handwritten before, such as math formulas or diagrams.A funny book of the best wrong test answersUncommon Goods"F in Exams" by Richard Benson, available at Uncommon Goods, $8.50After a stressful year for teachers, you may want to celebrate the funny and lighthearted side of the job. This book compiles some of the most amusing and inventive real-life wrong answers to grade school and high school tests.A personalized embosser for their personal libraryEtsyCustom Stamp, available at Etsy, from $34.50This unique, thoughtful gift embosses books with "from the library of [their name]" by pressing down like a hole-puncher. It's the kind of thing most people would never buy themselves but would genuinely cherish and get a kick out of if they received it as a present.The best water bottle they'll ever useAmazonHydro Flask Water Bottle, available at Amazon, from $36.07A stellar water bottle is a timeless life upgrade, but it'll be especially useful this summer. This stainless steel version from HydroFlask is the best water bottle you can buy, thanks to insulated stainless steel that keeps cold drinks cold for up to 24 hours and hot drinks hot for up to six. Delicious food from some of the most loved restaurants in the countryGoldbellyGoldbelly Restaurant Meal Kits, available at Goldbelly, from $35.95Bring a bit of their favorite restaurant right to their door. From bagels to barbeque, Goldbelly ships food gifts nationwide from iconic eateries in major cities.A small, water-resistant speaker to enjoy outside this summerAmazonSoundcore Flare Mini Bluetooth Speaker, available at Amazon, $42.99Ensure they enjoy the summer with a portable, water-resistant speaker like this version from Anker. It's got a 12-hour battery life as well as LED lights on the bottom that they can adjust for five different lighting moods. We think it's the best relatively cheap Bluetooth speaker you can buy.A comfy sleep maskAmazonLuxury Sleep Mask, available at Amazon, $14.95Gift a comfortable sleep mask and help them get the kind of restorative, deep sleep they must need this year.A coloring book full of phrases your teacher can relate all too well toAmazonTeacher Life: A Snarky Chalkboard Coloring Book, available at Amazon, $5.99There are some situations that only teachers can understand, and this adult coloring book perfectly captures them with humor and cheekiness. The illustrations are single-sided, so they can take the page out and frame it if they so wish. Substantial, comfortable socksBombasMen's or Women's socks, available at Bombas, from $12.50Adulthood transforms socks from a banal, unexciting gift to a precious life upgrade. Bombas makes some of our favorite and most comfortable pairs, and we love to gift them to friends and family.A convenient wireless phone chargerAmazonMoshi Otto Q Wireless Charger, available at Amazon, $39.95Make their life that much easier with a wireless fast-charging pad that they can simply set their phone on top of in order to charge. After years of using the Moshi Otto Q, we ranked this version the best wireless charger you can buy. It's compatible with iPhones, AirPods, Samsung Galaxy/Note, Google Pixel, and other Qi-enabled devices.A gift card for travel experiencesAirbnbGift an Airbnb gift card, from $25Summer vacation is almost here, and you can help your teacher plan some much-needed time off with an Airbnb gift card that never expires (and can be used for online experiences if they're not comfortable traveling right now).A small potted plant for their deskThe SillSnake Plant Laurentii, available at The Sill, from $28Instead of gifting a flower bouquet, try an indoor plant. It lasts longer and requires less maintenance, but livens up their desk just as well. A tote bagBAGGUBAGGU Giant Pocket Tote, available at BAGGU, $62BAGGU makes great bags and its machine-washable cotton totes are no exception. Help your teacher carry all those lesson plans, tests, and homework papers with this cute yet sturdy tote. An insulated mugAmazonHydro Flask 12 oz Coffee Mug, available at Hydro Flask, $24.95Whatever it is they drink in the morning to prepare them for the school day ahead, this insulated mug keeps the beverage at the appropriate temperature for an astonishingly long amount of time. It has a comfortable handle and comes in many bright colors. Takeout any time they want itDoorDash AppDoorDashDoordash Gift Card, available at DoorDash, from $25Teachers log long days to support and enrich the lives of their students. Make sure their next easy, delicious dinner and relaxing night in is comped with a Doordash gift card.A comfortable seat cushionPurple.FacebookPurple Seat Cushion, available at Purple, $65These cushions can help soothe sore muscles and alleviate back strain. They're available in a variety of designs and thicknesses. Read our full review here. A way to squeeze in leisure readingAudible/InstagramAudible 3-Month Membership, available at Amazon, $45In between grading papers and designing lesson plans, it might be hard for your teacher to carve out time to read a book (for fun). Audible is a great way to catch up on the bestsellers everyone's reading, appreciate the classics from a new angle, or finally dive into that book they keep falling asleep to in bed. Decadent cupcakes they can enjoyBaked By MelissaCupcake Gift Boxes, available at Baked by Melissa, from $34Who doesn't love getting a sweet surprise? With delicious flavors ranging from Cookie Dough to Pink Frosted Donut, these bite-size treats are sure to please. You can also add a special gift box to complete the gift.Practical, reusable silicone strawsFood52Five Two Silicone Straws Single Pack, available at Food52, $25Bendable, sustainable, and portable (thanks to the set of carrying cases), these fun straws are the accessory they can use in their classroom, at home, and on the go.A coffee subscriptionDriftaway Coffee InstagramCoffee Subscription, available at Driftaway, from $54.00Chances are the coffee in the teacher's lounge isn't exactly top-notch. Thankfully, Driftaway Coffee's is, and keeps things interesting by sending new whole bean varieties every month (and improving upon the next selection based on their feedback). By the end of the school year, your teacher will have a good idea of the type of coffee they really like. A detailed poster of the opening lines from famous novelsPop Chart LabLab 'Diagrammatical Dissertation on Opening Lines of Notable Novels', available at Pop Chart, $30English and grammar teachers will appreciate this chart diagramming the opening lines from 25 famous works of fiction. After admiring the partitioned, color-coded picto-grammatical representations, they'll want to read the books all over again. A fragrant candleOtherlandOtherland Candle, available at Otherland, $36These sophisticated coconut and soy wax candles come in scents ranging from refreshing Canopy (fig, ivy greens, mint) to rich Chandelier (champagne, saffron, leather). The beautiful look, delightful scents, and personalized matchbox make this candle gifting experience special. A heartfelt, personalized thank you cardEtsyPersonalized Winnie the Pooh Keepsake Greeting Card, available at Etsy, from $5.26Sometimes it just feels nice to be appreciated. A sweet card can go a long way — and it won't break the bank. A personalized notebook, planner, or address bookMintedTeach From The Heart Notebook, available at Minted, $18Give this one to the best teacher you know. You'll be able to customize the cover design, interior cover, and interior format of the notebook. A pillow massager for their neck and backAmazonZyllion Shiatsu Pillow Massager, available at Amazon, $64.95If you've ever caught your child's teacher looking stressed or tense, you can fix that with this heated at-home massager that feels almost like a professional massage. It has four deep-kneading rotating nodes to relieve aches, knots, and muscle tension. A fun tape dispenserAmazonOtto the Otter Tape Dispenser, available at Amazon, $17.99An adorable twist to the traditional, ugly tape dispenser will instantly liven up their desk. A cute, funny coffee mugEtsyWatch Me Click Now Watch Me Grade Grade mug, available at Etsy, $13.50A cute mug that reminds them of their grateful students can be a fun, routine moment of motivation in a busy day.A cellphone standAmazonLamicall Cellphone Stand, available at Amazon, $10.99The simple, sleek, and durable stand is the perfect way to keep their device upright at just the right angle as they work. While it's a no-frills gift, it's undoubtedly practical and useful. A personalized desk signEtsyPersonalized Desk Wedge Sign, available at Etsy, from $25.99The wedge is a solid natural hardwood while the sign is shatter-resistant fogged acrylic glass, allowing it to last through any teacher's illustrious career. A gift card to stock up on versatile work shirtsDavid Slotnick/Business InsiderPublic Rec gift card, from $25Public Rec makes the most versatile polo shirt we've found, and many of the offerings from this athleisure brand are suitable for the classroom and beyond.A custom rubber stampEtsyCustom Stamp, available at Etsy, from $25Gift the stamp they'll always reach for first as they check and grade homework. You can get creative by submitting a picture of your teacher's face or their favorite catchphrase. There are three different mount choices and many more size options. A book-of-the-month subscription for summer readingBook of the Month/FacebookBook of the Month Membership, from three months for $49.99A hardcover book delivered monthly is a great way for a teacher to unplug and kick their feet up over summer break. Every month, they can choose from acclaimed fiction and nonfiction titles.A cozy plush blanketNordstromBliss Plush Throw, available at Nordstrom, $39.50Add to their home setup with a plush throw to wrap themselves in luxury. Available in a wide array of colors, this blanket adds coziness to any room.A novelty USB flash driveAmazonPink Pig USB 2.0 Flash Drive, available at Amazon, $12.99A cute and funny flash drive can instantly make work more fun. Sometimes, it's the little things. A smart home deviceAmazonAmazon Echo Dot, available at Amazon, $27.99For work or leisure, the small smart home device is endlessly useful. They can play Jeopardy, ask for recipes, listen to the news, turn lights on, play music, reorder products, and more.  A personalized key ring Leatherology/InstagramLeatherology Hotel Keychain, available at Leatherology, $15The full-grain leather keychain is a perfectly composed accessory that they'll love to carry, especially if you personalize it (for only $5) with a monogram. Beautiful note cube inspired by an American artistThe Met StoreLouis C. Tiffany Favrile Note Cube, available at The Met, $15Known for his stained glass work, Louis C. Tiffany lends his colorful and delicate designs to this tray, which hold 500 loose paper sheets and 50 color paper clips. Gift cardsTargetBuy a gift card from: Amazon, Target, StaplesAt the end of the day, teachers will always appreciate a gift card, especially if it's to a store where they can stock up on supplies. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 3rd, 2022

49 genuinely useful gifts to get your teacher for Teacher Appreciation Week

For Teacher Appreciation Week, show teachers you care with one of our gift ideas, from a mug warmer to gift cards. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.For teacher appreciation week, show teachers your appreciation with one of our gift ideas, from a mug warmer to a gift card.Baked by MelissaThe best teachers work tirelessly inside and outside the classroom with endless enthusiasm, patience, and compassion along the way. Whether it's Teacher Appreciation Week or the last day of school, they deserve a little token of gratitude for all that they do.The greatest way to show a teacher that their work doesn't go unappreciated is by giving them a thoughtful gift, be it a sentimental card or a practical item that makes their life easier. Below, we outlined the best gifts for teachers, from delicious snacks to morning routine upgrades.49 of the best teacher gifts in 2022:A video montage from their studentsMontageGroup video gift, available at Montage, $29Nothing will bring happy tears to a teacher's eyes quite like a video montage from their students. The Montage platform makes it easy to compile videos — it sends email invitations to each person, provides instructions to upload their videos on the website, and compiles the videos into a montage with background music.Something to add to their snack stashSnack MagicSnack Magic Stash, available at Snack Magic, from $35Almost every teacher keeps a stash of snacks and treats for those days when they really need a pick-me-up. With a snack magic box, you can create a custom snack box full of treats the teacher will love.A comfortable space to workBed Bath & BeyondLapgear Lap Desk, available at Bed Bath & Beyond, $34.99Teachers inevitably have to bring their work home. With this lap desk, at least they can work comfortably from their bed or the couch as they lesson plan or grade on weekends. The desk comes in seven unique patterns.A personalized message from their favorite celebrityCameoCameo Video, available at Cameo, from $1Take the gold standard of teacher gifts — a personal and thoughtful letter — up a notch and have their favorite celebrity deliver the message. You can choose from thousands of celebrities to record a personalized video message to send to the teacher. (Since the more famous celebrities can be pricier, this can be a great gift to split with other classmates).Relaxing bath saltsRitualsMagnesium Bath Crystals, available at Rituals, $17.50Even the most energetic teacher knows that teaching can be exhausting. Give them something to help them relax and unwind at the end of a long day. These bath crystals are designed to soothe muscles and improve sleep quality.Something to make their classroom more comfortableSteph Coelho/Business InsiderHoneywell VersaHeat Digital Two Position Ceramic Personal Heater, available at Amazon and Walmart, $44.96Most teachers don't get to choose the temperature of their classroom, and shivering or sweating uncontrollably doesn't make for an ideal workday. With this space heater that also functions as a fan, they can make their classroom comfortable all year long. Just be sure to check that space heaters are allowed in classrooms before purchasing.Hand cream to combat drynessAmazonTonymoly Hand Cream, available at Amazon and Ulta, $12After washing and sanitizing their hands all day long, teachers' skin easily becomes dry and cracked. This premium peach hand cream will keep their hands soft and smelling nice.A warming plate for their coffeeAmazonMr. Coffee Mug Warmer, available at Bed Bath & Beyond, from $11.99It's a rare day that a teacher gets to finish their coffee before it gets cold. Give them the gift of perpetually warm coffee with this mug warmer they can plug in right at their desk.Bookends for their home or classroomWest ElmAgate Bookends, available at West Elm, from $34These beautiful bookends are made of solid agate. They can decide to use it in their home library or as a homey accent in their classroom. Something to satisfy their sweet toothBaked In ColorRainbow Chocolate Chip Cookie Tins, available at Baked in Color, from $30Many teachers keep a secret stash of their favorite treats hidden somewhere in their desks. Satisfy their sweet tooth with a tin of beautiful rainbow chocolate chip cookies.A scented candle that reminds them of a happy placeAmazonHomesick Scented Candle, available at Amazon, from $31.28This is a great gift that's sure to make them feel sentimental. Whether it's their hometown, college town, or favorite spot to vacation, a Homesick candle — with scents inspired by all sorts of locations — will bring them back to that favorite place.You can also gift funny, enjoyable versions of this candle — from an old book scent to something simply named "Thanks For Putting Up With My Kid." A tablet and pen that lets them convey handwritten material remotelyAmazonXP-Pen Graphic Tablet, available at Amazon, $25.99One of the difficult aspects of remote learning is finding resourceful and convenient ways to mirror in-person tactics teachers use. This Graphic Tablet lets teachers draw using the stylus to convey information they may have handwritten before, such as math formulas or diagrams.A funny book of the best wrong test answersUncommon Goods"F in Exams" by Richard Benson, available at Uncommon Goods, $8.50After a stressful year for teachers, you may want to celebrate the funny and lighthearted side of the job. This book compiles some of the most amusing and inventive real-life wrong answers to grade school and high school tests.A personalized embosser for their personal libraryEtsyCustom Stamp, available at Etsy, from $34.50This unique, thoughtful gift embosses books with "from the library of [their name]" by pressing down like a hole-puncher. It's the kind of thing most people would never buy themselves but would genuinely cherish and get a kick out of if they received it as a present.The best water bottle they'll ever useAmazonHydro Flask Water Bottle, available at Amazon, from $36.07A stellar water bottle is a timeless life upgrade, but it'll be especially useful this summer. This stainless steel version from HydroFlask is the best water bottle you can buy, thanks to insulated stainless steel that keeps cold drinks cold for up to 24 hours and hot drinks hot for up to six. Delicious food from some of the most loved restaurants in the countryGoldbellyGoldbelly Restaurant Meal Kits, available at Goldbelly, from $35.95Bring a bit of their favorite restaurant right to their door. From bagels to barbeque, Goldbelly ships food gifts nationwide from iconic eateries in major cities.A small, water-resistant speaker to enjoy outside this summerAmazonSoundcore Flare Mini Bluetooth Speaker, available at Amazon, $42.99Ensure they enjoy the summer with a portable, water-resistant speaker like this version from Anker. It's got a 12-hour battery life as well as LED lights on the bottom that they can adjust for five different lighting moods. We think it's the best relatively cheap Bluetooth speaker you can buy.A comfy sleep maskAmazonLuxury Sleep Mask, available at Amazon, $14.95Gift a comfortable sleep mask and help them get the kind of restorative, deep sleep they must need this year.A coloring book full of phrases your teacher can relate all too well toAmazonTeacher Life: A Snarky Chalkboard Coloring Book, available at Amazon, $5.99There are some situations that only teachers can understand, and this adult coloring book perfectly captures them with humor and cheekiness. The illustrations are single-sided, so they can take the page out and frame it if they so wish. Substantial, comfortable socksBombasMen's or Women's socks, available at Bombas, from $12.50Adulthood transforms socks from a banal, unexciting gift to a precious life upgrade. Bombas makes some of our favorite and most comfortable pairs, and we love to gift them to friends and family.A convenient wireless phone chargerAmazonMoshi Otto Q Wireless Charger, available at Amazon, $39.95Make their life that much easier with a wireless fast-charging pad that they can simply set their phone on top of in order to charge. After years of using the Moshi Otto Q, we ranked this version the best wireless charger you can buy. It's compatible with iPhones, AirPods, Samsung Galaxy/Note, Google Pixel, and other Qi-enabled devices.A gift card for travel experiencesAirbnbGift an Airbnb gift card, from $25Summer vacation is almost here, and you can help your teacher plan some much-needed time off with an Airbnb gift card that never expires (and can be used for online experiences if they're not comfortable traveling right now).A small potted plant for their deskThe SillSnake Plant Laurentii, available at The Sill, from $28Instead of gifting a flower bouquet, try an indoor plant. It lasts longer and requires less maintenance, but livens up their desk just as well. A tote bagBAGGUBAGGU Giant Pocket Tote, available at BAGGU, $62BAGGU makes great bags and its machine-washable cotton totes are no exception. Help your teacher carry all those lesson plans, tests, and homework papers with this cute yet sturdy tote. An insulated mugAmazonHydro Flask 12 oz Coffee Mug, available at Hydro Flask, $24.95Whatever it is they drink in the morning to prepare them for the school day ahead, this insulated mug keeps the beverage at the appropriate temperature for an astonishingly long amount of time. It has a comfortable handle and comes in many bright colors. Takeout any time they want itDoorDash AppDoorDashDoordash Gift Card, available at DoorDash, from $25Teachers log long days to support and enrich the lives of their students. Make sure their next easy, delicious dinner and relaxing night in is comped with a Doordash gift card.A comfortable seat cushionPurple.FacebookPurple Seat Cushion, available at Purple, $65These cushions can help soothe sore muscles and alleviate back strain. They're available in a variety of designs and thicknesses. Read our full review here. A way to squeeze in leisure readingAudible/InstagramAudible 3-Month Membership, available at Amazon, $45In between grading papers and designing lesson plans, it might be hard for your teacher to carve out time to read a book (for fun). Audible is a great way to catch up on the bestsellers everyone's reading, appreciate the classics from a new angle, or finally dive into that book they keep falling asleep to in bed. Decadent cupcakes they can enjoyBaked By MelissaCupcake Gift Boxes, available at Baked by Melissa, from $34Who doesn't love getting a sweet surprise? With delicious flavors ranging from Cookie Dough to Pink Frosted Donut, these bite-size treats are sure to please. You can also add a special gift box to complete the gift.Practical, reusable silicone strawsFood52Five Two Silicone Straws Single Pack, available at Food52, $25Bendable, sustainable, and portable (thanks to the set of carrying cases), these fun straws are the accessory they can use in their classroom, at home, and on the go.A coffee subscriptionDriftaway Coffee InstagramCoffee Subscription, available at Driftaway, from $54.00Chances are the coffee in the teacher's lounge isn't exactly top-notch. Thankfully, Driftaway Coffee's is, and keeps things interesting by sending new whole bean varieties every month (and improving upon the next selection based on their feedback). By the end of the school year, your teacher will have a good idea of the type of coffee they really like. A detailed poster of the opening lines from famous novelsPop Chart LabLab 'Diagrammatical Dissertation on Opening Lines of Notable Novels', available at Pop Chart, $30English and grammar teachers will appreciate this chart diagramming the opening lines from 25 famous works of fiction. After admiring the partitioned, color-coded picto-grammatical representations, they'll want to read the books all over again. A fragrant candleOtherlandOtherland Candle, available at Otherland, $36These sophisticated coconut and soy wax candles come in scents ranging from refreshing Canopy (fig, ivy greens, mint) to rich Chandelier (champagne, saffron, leather). The beautiful look, delightful scents, and personalized matchbox make this candle gifting experience special. A heartfelt, personalized thank you cardEtsyPersonalized Winnie the Pooh Keepsake Greeting Card, available at Etsy, from $5.26Sometimes it just feels nice to be appreciated. A sweet card can go a long way — and it won't break the bank. A personalized notebook, planner, or address bookMintedTeach From The Heart Notebook, available at Minted, $18Give this one to the best teacher you know. You'll be able to customize the cover design, interior cover, and interior format of the notebook. A pillow massager for their neck and backAmazonZyllion Shiatsu Pillow Massager, available at Amazon, $64.95If you've ever caught your child's teacher looking stressed or tense, you can fix that with this heated at-home massager that feels almost like a professional massage. It has four deep-kneading rotating nodes to relieve aches, knots, and muscle tension. A fun tape dispenserAmazonOtto the Otter Tape Dispenser, available at Amazon, $17.99An adorable twist to the traditional, ugly tape dispenser will instantly liven up their desk. A cute, funny coffee mugEtsyWatch Me Click Now Watch Me Grade Grade mug, available at Etsy, $13.50A cute mug that reminds them of their grateful students can be a fun, routine moment of motivation in a busy day.A cellphone standAmazonLamicall Cellphone Stand, available at Amazon, $10.99The simple, sleek, and durable stand is the perfect way to keep their device upright at just the right angle as they work. While it's a no-frills gift, it's undoubtedly practical and useful. A personalized desk signEtsyPersonalized Desk Wedge Sign, available at Etsy, from $25.99The wedge is a solid natural hardwood while the sign is shatter-resistant fogged acrylic glass, allowing it to last through any teacher's illustrious career. A gift card to stock up on versatile work shirtsDavid Slotnick/Business InsiderPublic Rec gift card, from $25Public Rec makes the most versatile polo shirt we've found, and many of the offerings from this athleisure brand are suitable for the classroom and beyond.A custom rubber stampEtsyCustom Stamp, available at Etsy, from $25Gift the stamp they'll always reach for first as they check and grade homework. You can get creative by submitting a picture of your teacher's face or their favorite catchphrase. There are three different mount choices and many more size options. A book-of-the-month subscription for summer readingBook of the Month/FacebookBook of the Month Membership, from three months for $49.99A hardcover book delivered monthly is a great way for a teacher to unplug and kick their feet up over summer break. Every month, they can choose from acclaimed fiction and nonfiction titles.A cozy plush blanketNordstromBliss Plush Throw, available at Nordstrom, $39.50Add to their home setup with a plush throw to wrap themselves in luxury. Available in a wide array of colors, this blanket adds coziness to any room.A novelty USB flash driveAmazonPink Pig USB 2.0 Flash Drive, available at Amazon, $12.99A cute and funny flash drive can instantly make work more fun. Sometimes, it's the little things. A smart home deviceAmazonAmazon Echo Dot, available at Amazon, $27.99For work or leisure, the small smart home device is endlessly useful. They can play Jeopardy, ask for recipes, listen to the news, turn lights on, play music, reorder products, and more.  A personalized key ring Leatherology/InstagramLeatherology Hotel Keychain, available at Leatherology, $15The full-grain leather keychain is a perfectly composed accessory that they'll love to carry, especially if you personalize it (for only $5) with a monogram. Beautiful note cube inspired by an American artistThe Met StoreLouis C. Tiffany Favrile Note Cube, available at The Met, $15Known for his stained glass work, Louis C. Tiffany lends his colorful and delicate designs to this tray, which hold 500 loose paper sheets and 50 color paper clips. Gift cardsTargetBuy a gift card from: Amazon, Target, StaplesAt the end of the day, teachers will always appreciate a gift card, especially if it's to a store where they can stock up on supplies. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 2nd, 2022

Four Publicly Traded Companies that Offer Indirect Exposure to Bitcoin

Despite Bitcoin’s appeal, several large investment firms are skeptical about investing in digital assets. However, more innovative means are now used to offer indirect exposure to the dominant cryptocurrency. Bitcoin has come a long way from just being a peer-to-peer electronic cash system put forward by its pseudonymous founder Satoshi Nakamoto. Recent evidence suggests a […] Despite Bitcoin’s appeal, several large investment firms are skeptical about investing in digital assets. However, more innovative means are now used to offer indirect exposure to the dominant cryptocurrency. Bitcoin has come a long way from just being a peer-to-peer electronic cash system put forward by its pseudonymous founder Satoshi Nakamoto. Recent evidence suggests a growing interest and desire among everyday individuals to invest in cryptocurrency. This interest stems from the prospects of enormous returns that the sector creates compared to investing in stocks which was the norm before digital assets. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more Recent data from Grayscale Investment suggests that more Americans are warming up to investing in Bitcoin. Roughly 13% of the American populace own BTC, with 55% of them investing in 2021. Furthermore, according to reports, Americans have become increasingly interested in having Bitcoin in their life insurance. Interestingly, the clamor for Bitcoin exposure has reached large corporations. Several renowned companies have accepted the growing importance of BTC and have made moves to invest in it. However, there is an inherent hesitance in their efforts due to several issues. Various Constraints Leave Corporations Skeptical About Bitcoin Exposure Despite their growing desire to invest directly in Bitcoin, large corporations are reluctant to do so due to existing issues in the space. The first and most challenging is the issue of government regulation. Recently, SEC Chair Gary Gensler, called the crypto market the wild, wild west due to its volatility. Further, the volatility of price swings poses an unusual challenge to large firms. Just as they can make astronomical gains on investments, they can face significant losses in a moment’s notice. This makes a Bitcoin investment risky, hence the cold feet. Alongside the SEC's effort to regulate the industry, several politicians, including the congressional Blockchain caucus, have urged Congress to create a regulatory framework for the space. The US Congress, on its part, has taken steps with several hearings taking place, but is yet to create laws that fully govern the industry. Secondly, there is the issue of hacks, theft, and exploitation among the crypto space. According to a Chainalysis report, the amount of funds stolen from DeFi platforms increased by 1,330% in 2021 when compared to that of 2020. Thirdly, the procedures involved in investing in Bitcoin are usually not as straightforward as traditional investments in stocks. The aforementioned risks associated with Bitcoin investing result in stringent due diligence processes which can hinder active investments in BTC on behalf of corporations. Despite these issues, several large firms have developed innovative ways to gain exposure to BTC indirectly. Some have taken the more direct approach of buying and holding it on their balance sheet. Others have opted for more traditional blanket investment vehicles. Separately, some public companies have a stock which displays price action very similar to that of Bitcoin, due to the nature of their industry. In subsequent sections, we will look at the likes of Microstrategy, Coinbase, Grayscale Investments and Canaan. Inc.—four public companies which feature some indirect exposure to Bitcoin to a certain degree, regardless of the existing challenges involved. MicroStrategy Leads The Pack MicroStrategy is a data analytics platform that provides companies of all sizes with actionable intelligence. It allows users to create bespoke real-time dashboards by customizing data representations. It also takes advantage of data connectivity, machine intelligence, and mobile accessibility to provide individuals with complete control over their findings. Microstrategy stands out as a leader within the enterprise analytics sector due to its ease of use and scalability. However, this software behemoth has also taken an active interest in the world of cryptocurrencies, with a significant amount of Bitcoin on its balance sheet. Top ten list of publicly traded companies holding Bitcoin. | Source:  Bitcointreasuries According to Bitcointresuries, Microstrategy sits atop the pile of publicly traded companies that hold Bitcoin on their balance sheets. The firm’s 129,218 BTC cost almost $4 billion at an average price of $30,955 per BTC. Currently, Microstrategy’s total BTC holding is valued at $5.23 billion, equivalent to a 33% increase in value. Recently, Microstrategy took a three-year collateralized loan from Silvergate bank to purchase more Bitcoin. The loan is backed by Microstrategy’s Bitcoin holdings and roughly quadruples the loan value. To further reinforce its BTC holding strategy, Micheal Saylor, its CEO and avid BTC maximalist has publicly said his company will not sell its bitcoin. Consequently, the result of Microstrategy’s Bitcoin foray has seen its stock price find a growing correlation with BTC’s price. The past year has witnessed the prices of both assets rise and fall in tandem, as seen below. MicroStrategy's share price largely mimicked Bitcoin’s rally to its all-time high in November and subsequent decline. This development indicates a growing link of investors’ sentiment between both assets. One year chart comparing BTC and MSTR Price. Source: Yahoo Finance Coinbase Provides On-Ramp To Bitcoin Coinbase is a cryptocurrency trading and investment platform that allows customers to buy, sell, and exchange over 100 different cryptocurrencies. The company boasts over 89 million users and $278 billion in assets, while its quarterly traded volume stands at $547 billion. As a powerhouse crypto exchange, Coinbase provides crypto traders and investors with an easy-to-use platform to carry out their activities. Both novices and experienced individuals would find the robust services suite and interface suitable for trading and investing. The platform is also regulatory compliant, adhering to global anti-money laundering (AML) and know-your-customer(KYC) rules. It also complies with sanction laws administered by the US Treasury department. Hence its services are available throughout the US and globally in over 100 countries. Undoubtedly, Coinbases’ position as one of the most recognized crypto exchanges means that its stock already offers exposure to Bitcoin, due to the nature of Coinbase’ business. Yet beyond this, Coinbase holds about 4,487 BTC on its balance sheet, currently valued at over $328 million, purchased at an average price of $28,897 per BTC. Publicly Traded companies with Ethereum on their balance sheet. Source: Cryptotresuries Alongside its BTC, Coinbase also holds Ethereum, the second-largest digital asset on its balance sheet. As seen in the chart above, its 31,787 ETH ranks it third among publicly listed companies with Ethereum on a balance sheet. The current value of its ETH stash is $96.7 million, which was bought at an average price of $748.77. Like Microstrategy, Coinbase’s share price is linked closely with Bitcoin’s value. Both prices are closely correlated, rising and falling in step with each other. Canaan Inc., Providing Hardware to Mine Bitcoin Canaan Inc. is a producer of supercomputing processors and a manufacturer of digital blockchain computing equipment. It is also a provider of the overall scheme for digital blockchain computer software and hardware. The company’s ASIC (Application Specific Integrated Circuit) chips have become a common feature in Bitcoin mining rigs globally. Initially, its largest marketplace was China due to the high concentration of miners in Beijing. However, following the crackdown on mining activities last year, miners have fled to other countries with pro-mining laws and cheap labor and electricity. Source: CoinShare Consequently, the US has become the new go-to destination for Bitcoin miners, as seen in the global mining hash rate distribution above. According to a recent Coinshare report, the US now accounts for half of Bitcoin’s global hash rate—and that figure is only expected to grow. Initially, Kazakhstan provided a suitable destination for miners. Canaan entered into a strategic alliance with local mining companies to expand its operations in the central Asian country. However, Kazakhstan's government called for higher taxes, cut off power and cracked down on illegal mining operations. The situation has led to Bitcoin miners leaving the country. Consequently, Canaan’s Bitcoin mining links mean holders of the company’s shares are indirectly exposed to Bitcoin. A boom in BTC would lead to an increase in demand for mining equipment and vice versa, affecting Canaan’s share price. Grayscale Bitcoin Trust Delves Into ETF Alternatives The Grayscale Bitcoin Trust is a digital currency investment product that individual investors can buy and sell in their brokerage accounts. The trust enables investors to gain exposure to the price movement of Bitcoin through a traditional investment vehicle. Consequently, investors have access to buy and sell public shares of the Trust under the symbol GBTC. However, the Trust is not an ETF. Grayscale claims it is based on popular commodities investment products such as the SPDR Gold Trust, a physically-backed ETF. Despite this, Grayscale has made repeated fillings at the SEC to approve a Bitcoin Spot ETF (Exchange Traded Fund) backed by its Bitcoin holdings. The regulatory body has largely passed on its offer, generally favoring Bitcoin Futures ETFs, of which it has approved several. The SEC cites market manipulation concerns and the absence of a surveillance-sharing agreement between an ETF provider and the market trading the underlying asset. This, it says, is why it has rejected all spot ETF applications. However, Grayscale is hopeful of a change in the regulatory body's stance. List of Bitcoin ETF Trusts Holding Bitcoin | Source: Bitcointresuries According to Bitcointresuries, Grayscale maintains one of the most significant Bitcoin holdings in the world. It has 645,885 BTC, currently valued at over $26 billion. Aside from this, Grayscale also boasts over $40 billion in crypto assets under its management as of December 2021. Through its various trusts, Grayscale offers an avenue to investors to indirectly gain exposure to digital assets in a regulated manner. In conclusion, Bitcoin continues to gain widespread adoption globally. The general acceptance has caused large corporations to make significant efforts to access Bitcoin. Also, with inflation reaching 40-year highs, it’s safe to say that some of these public companies see Bitcoin as a worthy inflation hedge. Despite the inherent challenges and risks involved in investing in digital assets, more companies are adopting novel approaches to gain Bitcoin exposure. This, in the long run, will ensure they are positioned adequately to reap the benefits available in the developing industry. Get Smarter on Crypto and Macro. Get the 5-minute newsletter that keeps investors in the loop. Five Minute Finance is an independently run newsletter covering the latest and most important trends in crypto, macro, and global markets. Updated on Apr 20, 2022, 11:05 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkApr 20th, 2022

Why Investors Are Paying Real Money For Virtual Land

A blank square of pixels in a virtual metaverse world like The Sandbox can cost as much as a home in the real world. But investors are buying in A version of this article was published in TIME’s newsletter Into the Metaverse. Subscribe for a weekly guide to the future of the Internet. You can find past issues of the newsletter here. Chris Adamo considers himself late to the game when it comes to investing in NFTs, or non-fungible tokens. He collected his first one in summer 2021. But when it comes to buying up property in the metaverse, Adamo is early. Eight months ago, the Miami-based venture capitalist and a group of associates calling themselves the MetaCollective DAO used a virtual real estate broker to buy 23 parcels in The Sandbox, a user-generated, blockchain-based virtual world, for prices starting at 1ETH (about $3,000). A nearby property sold for about 42ETH, or $130,000. [time-brightcove not-tgx=”true”] The land—pixels, really—borders the compound of the Bored Ape Yacht Club, a buzzy NFT community, and a plot owned by Adidas. They’re calling it Sandbox Hill Road, as a nod to Silicon Valley’s famous Sand Hill Road and The Sandbox, the platform where this “land” exists. Already, the parcels’ value has gone up about ten times in price, making their holdings potentially worth many millions of dollars. “It’s like the New York City of The Sandbox,” Adamo says. “Like the Lower East Side or Soho right now.” Translation: it’s hip—or at least, they are invested in believing it can be. More from TIME If the metaverse is meant to encompass everything that exists virtually, from digital art to virtual worlds, then the real estate parcels that are being snapped up can be seen as just one type of metaversal investment, often listed as NFTs. These virtual worlds—The Sandbox, Decentraland, Cryptovoxels, Earth2, Nifty Island, Superworld, Wilder World—each offer different things to users: hyper-realistic graphics, gaming options, communities of specific types of early adopters. (Snoop Dogg, for instance, staked out a home for himself in The Sandbox; Paris Hilton has an island in Roblox.) Read More: NFT Art Collectors Are Playing a Risky Game—And Winning Right now, if you open The Sandbox on a web browser, all you’ll see is a flat map of brand logos scattered throughout land-shaped masses made up of colorful pixels. (Each of those pixels, or plots, is a property worth real money; in general, the concept of scarcity is a farce online, but in these worlds—as in our physical one—it is often real.) Meanwhile over on Cryptovoxels, things feel more like an early-stage video game populated by blank walking mannequins. (Sometimes, they fly.) Click on a billboard, and you’ll see details of the NFT work and artist you’re viewing, with a link to OpenSea, the NFT marketplace. MetaCollective has big plans for their blank squares. For Drew Austin, managing partner at venture capital syndicate RedBeard Ventures and leader for MetaCollective, it’s all about developing this corner of the future internet into a learning center or “university” for self-education on all things web3. He envisions virtual classes, dormitory rooms that users can rent, and a full social experience. “We can recreate what an educational digital experience is, in this new digital world,” he says. None of this has been built or designed yet. But the money is real. SandboxSandbox view. One way to think about it is like purchasing a domain name, or snagging a good social media handle. If email was our home in Web 1, and social profiles—like a Facebook or Instagram page—were the Web 2 home bases for each of us, then personal property in the form of virtual real estate may be the Web 3 version. The difference is that instead of being beholden to providers or platforms to design, regulate and control the experience, Web 3 property is intended to be something you, the end user, can build yourself. For brands, it could mean something much more interactive and active than their current digital presences. For individuals, it could mean earning income by playing games or selling products. Andrew Steinwold, managing partner at metaverse-native fund Sfermion, calls it “unlimited optionality,” breaking free of the bounds of our profiles and pages. An entire industry of virtual world developers has already popped up. “One of the things that’s so exciting and fascinating about the metaverse is it’s all about cocreation, right?” says Jessica Peltz Zatulove, another MetaCollective member. “So we’re also just seeing this blending between creators and celebrities and communities.” Then again, right now this is all speculation. The big winners—at the moment, at least—are the platforms and developers, who are raking in investment dollars from early buyers. Animoca Brands, the company behind The Sandbox, recently reported it is now worth $5 billion, up from a valuation just over $2 billion in 2021. Roblox, a more established gaming universe, listed on the New York Stock Exchange in March 2021 at a valuation of $42 billion. One research report predicts virtual gaming worlds alone could be worth $400 billion by 2025, with the broader metaverse industry worth over $1 trillion. Read More: NFTs Are Shaking Up the Art World—But They Could Change So Much More Many of the early buyers of virtual real estate are doubly invested—in the platforms themselves and through personal plays like DAOs buying and developing new land—so their bullishness is ultimately self-serving. (Steinwold’s fund, for instance, has its hand in both platform investments and individual properties; Austin runs a fund that invests in five different worlds.) The technology, too, is early—Adamo is the first to admit we’re about a decade out from easy mass adoption, and Austin notes plenty of “room for improvement,” from the interface to the technically complicated process of buying property. But the hunger is there for web3 investors. Virtual property prices have gone up as much as 500% since Facebook’s much-hyped transition to Meta, according to CNBC. Already, plots in some virtual worlds are just as expensive as a real-world house.   DecentralandThe entrance to Decentraland. Decentraland is a 3D virtual world platform. Users may buy virtual plots of land in the platform as NFTs via the MANA cryptocurrency, which is a sidechain of Ethereum. It was opened to the public in February 2020, and is overseen by the nonprofit Decentraland Foundation. Even if the casual user experience leaves much to be desired, however, ways to claim land and plans to develop property are expanding daily. ONE Sotheby’s just announced they will build a virtual replica of a real-world property in The Sandbox, with ownership crossing over. Meanwhile, an anonymous buyer snapped up the neighboring property to Snoop Dogg for a reported $450,000, betting on proximity to a famous neighbor as a value-add, just as MetaCollective is betting on Bored Ape Yacht Club. Over at Cryptovoxels, one developer is planning to build a New York Stock Exchange-style trading center and home for crypto-native companies like defi protocols in their centrally-located Frankfurt property, a spot they purchased because it allows for larger virtual buildings. The dream is for it to become a central hub in this universe, and one with real utility as we migrate into virtual realms. If this all sounds quixotic, that cynicism is warranted. Even investors are maintaining healthy skepticism about the current iterations of virtual worlds. Steinwold has raised over $100 million from investors for his funds, but he sees much of the virtual world speculation as being overvalued so far. In fact, he says, overvaluation in web3 is “true broadly,” from NFT art to crypto tokens. But that still hasn’t stopped him from investing “at the company-building level.” And it hasn’t stopped him from backing the Frankfurt NYSE plan in Cryptovoxels. “We’re kind of in the pre-Napster era. We don’t have Napster yet. We don’t have iTunes, and we don’t have Spotify,” he says, comparing today’s virtual worlds to the early-2000s music-sharing platform and its successors. “That’ll come, but it’s gonna take a pretty long time.” Read More: Teen Artists Are Making Millions on NFTs. How Are They Doing It? For Zatulove, another MetaCollective investor, the draw is in the business potential. As a founding partner of Hannah Grey, an early stage venture firm that specializes in emerging platform potential for brands, Zatulove is focused on finding ways to build commerce into this new landscape. “It’s about having an office space in a prime location, but it’s really about: Can you rent this land?” she says, “Can you have a store? Can you host events? We’re in a gold rush moment with virtual real estate where people don’t know what they’re gonna build or how they’re going to build it, but they’re acquiring land in the best possible locations to create an interesting financial future.” She imagines setting up office space on the MetaCollective campus. “Maybe we have a coffee shop, maybe we have a cool hangout. Maybe we have town hall meetings, maybe we host office hours for founders, maybe we just have a museum that inspires creativity, in collaboration across different builders in this space,” she says, brainstorming. Plus, the market is untapped; Zatulove cites the three billion people worldwide who are gamers, and who are used to spending time in virtual environments. Even if Sandbox hasn’t captured their attention yet, the potential is there. “The delight right now of virtual real estate is that it’s recognizing that there’s opportunity ahead that you’re setting up for yourself,” she says. Adamo has kids and, like any dad, he’s thinking about their future—and about what he can pass down to them. This real estate might not be a brick-and-mortar property, but it’s still something bought with their best interests in mind. “With the rates of this year’s growth, this looks like a really multi-generational plan purchase,” he says. Maybe Sandbox Hill Road will disappear into the ether of the internet in a few years, like Limewire and Kazaa. Maybe he’s bought into a future Spotify. In the meantime, the bubble just gets bigger. Subscribe to Into the Metaverse for a weekly guide to the future of the Internet. Join TIMEPieces on Twitter and Discord.....»»

Category: topSource: timeJan 21st, 2022

5 crypto scams to know before you start trading coins

Scammers use various techniques to rob crypto investors. Here are five scams to know and how to avoid them. Since cryptocurrency markets are still relatively new and less regulated, they’re more vulnerable to market manipulation.Victoria Gnatiuk/Getty Cryptocurrency is less regulated than other assets, which can lead to scams, fraud, and financial ruin. There are various forms of crypto market manipulation, including pump-and-dump schemes and rug pulls. Investors can avoid several common crypto scams by performing thorough due diligence before trading. Visit Insider's Investing Reference library for more stories. A cryptocurrency is a digital token that can be exchanged for goods and services. But many retail investors and institutions treat cryptos as investments instead of means of exchange, buying certain coins and hoping to sell them for a profit at a later date. But investors must be careful before dabbling in these widely misunderstood assets. Cryptocurrencies are speculative by nature. They lack traditional fundamentals that investors can analyze and assign value to. As a result, cryptos tend to be volatile assets — their prices can drastically fluctuate on any given day. Crypto markets are also less regulated in general, so it's easier for bad actors to maliciously influence prices and take advantage of unsuspecting investors. For these reasons, investors should be wary of the following crypto scams before they start investing in crypto. 1. Market manipulationMarket manipulation is the deliberate attempt to artificially influence or interfere with asset prices. Typically, scammers manipulate markets to tip the scales in their favor and make quick returns. Several illicit trading activities fall under this umbrella term, including:Spoofing: This creates an illusion of momentum by placing fake buy or sell orders, which are canceled before they're filled. Scammers frequently use dummy accounts and bots to place large trades, giving other investors the impression that demand is either increasing or decreasing. Front-running: This is the practice of making trades based on knowledge of future transactions. For instance, miners or node operators can have insight into pending trades. They could then leverage their inside access to make profitable trades ahead of major price swings. Churning: This is excessive trading by a broker in a client's crypto account to generate additional commissions. Asset management firms can receive fees for managing crypto holdings. Therefore, nefarious brokers could abuse a commission-based payment structure to profit off of unaware clients. On top of unwarranted fees, the impacted individuals could also incur unnecessary tax liabilities as a result of churning. Since cryptocurrency markets are still relatively new and less regulated, they're more vulnerable to market manipulation. However, there are ways crypto traders can avoid falling victim to these scams. For starters, it's best to trade on larger, reputable exchanges that have established security policies and internal controls. Additionally, investors can safeguard against unlawful tactics in the crypto markets by thoroughly researching coins, brokers, and exchanges before making any financial decisions. For instance, legitimate cryptos and companies typically offer potential investors an abundance of learning materials on their websites.Quick tip: Although plenty of investors day trade crypto, market manipulation usually impacts short-term trading activity. So, you can help protect against spontaneous price jumps by adopting a long-term outlook, otherwise known as "HODL-ing." This stands for "hold on for dear life" and encourages a buy-and-hold investing strategy.2. Pump-and-dump schemesA pump-and-dump scheme represents an individual or group's effort to inflate the price of an asset so that they can sell their own holdings for a profit. It starts with the "pump." To convince people to buy in, crypto schemers spread false or misleading information about minimally traded coins through social media, forums, and online communities. These posts often contain embellished due diligence (or "DD") and promise an impending surge. They'll use emojis like rocket ships paired with moons and diamonds alongside outstretched hands, implying an investment is about to pop and that investors should buy and hold. Then comes the dump. As momentum swells, other investors cash in and drive the price up, while the schemers cash out and make a quick fortune. Once the market realizes the hype was fake, investors scurry to limit losses and the coin's price plummets.Spotting a pump-and-dump scheme boils down to credibility. If you use social media platforms like Reddit and Twitter to track crypto movements, look out for anonymous accounts with minimal posting history — or a track record of baseless pumping. These are likely fraudsters. 3. Rug pulls A rug pull occurs when crypto developers abandon a project but keep the funds raised from investors. Bad actors can list a new token on a decentralized exchange, pair it with a legitimate cryptocurrency, and drum up interest on social media to lure in investors. Once enough money funnels into their token, the developers scratch the project and run with investor funds. This scam plagues early investors who think they're getting early access to up-and-coming cryptos, when in reality they're scammed out of their money. "If it sounds too good to be true, it probably is," explains Shaun Heng, the VP of Growth & Operations at CoinMarketCap, one of the most frequented websites for tracking crypto prices."Pay close attention to the websites and third parties involved. Don't rely on comments from anyone on social media, no matter what people are saying or how many positive reviews there are. If you can't find verifiable reviews, the chances of the opportunity being a scam are higher," Heng adds.Quick tip: By sticking to centralized cryptocurrency exchanges, which typically have stricter oversight and regulations, you have a better chance of avoiding illegitimate projects. 4. Traditional hacking and theft Crypto markets have unique characteristics relative to other asset markets. But investors are still susceptible to traditional scams like account hacks and identity theft. To trade crypto, investors need a crypto wallet, which can be a digital or physical device. These wallets have keys — both public and private. The former is a public address that allows crypto to be deposited into the wallet, similar to how routing and bank account numbers enable direct deposits. The latter is like the password to an online banking platform. Whoever has access to that password can control the funds within the account. Just as you wouldn't share your credit card number with a stranger, keep your private keys somewhere safe. Fraudsters can use this information to hack accounts and withdraw funds — and they'll employ various tricks to get investors to reveal their private information. Be cautious of crypto phishing emails that may pose as a crypto exchange or wallet provider. The same goes for out-of-the-blue and unsolicited promotions from suspicious websites and imposter accounts. Scammers often pretend to be celebrities or affiliates of major companies, promising guaranteed and immediate returns if you act quickly. Quick tip: To avoid accidentally falling for phishing emails, verify that the sender's email address is valid and/or recognizable. Often, scammers use addresses with generic domains and random characters.5.  Initial coin offering (ICO) scamsAn initial coin offering (ICO) is the crypto equivalent of an initial public offering (IPO) for a stock. Through an ICO, companies can raise money to fund a crypto development, such as a token, app, or relevant service. In exchange for pledging funds, the investor receives an issuance of newly minted coins. While IPOs are typically for well-established private businesses, companies that pursue ICOs aren't necessarily in the same position. They could be fledgling startups without any operating history whatsoever, which can make it difficult to differentiate between a real offering and a scam. Similar to rug pulls, ICO scams collect the funds of early investors only to abandon the project shortly after. An easy way to recognize an ICO scam — or simply an unprepared management team — is to review the company's whitepaper. This document details the specifications behind the project, including strategy, goals, and market analysis. If the company doesn't provide a whitepaper, that's a red flag. Quick tip: You can perform a background check on the ICO's developers and management team. If the company's ownership is anonymous or has a minimal track record in the crypto space, that should also be a cause of concern.The financial takeawayDecentralized finance can be a Catch-22. On one side, the lack of a singular governing body allows community-wide decisions and can open the doors to additional opportunities. On the other side, without standardized oversight, bad actors can commit fraud and deceive unsuspecting investors in a variety of ways. However, much like in traditional asset markets, crypto investors can lower their risk of succumbing to market manipulation by being wary of these schemes and taking proactive measures. That includes using reputable exchanges and performing thorough research before making any investment decisions. If you come across a scam, you can report it to the Federal Trade Commission at ReportFraud.ftc.gov.Read the original article on Business Insider.....»»

Category: smallbizSource: nytDec 1st, 2021

33 Problems With Media In One Chart

33 Problems With Media In One Chart One of the hallmarks of democratic society is a healthy, free-flowing media ecosystem. In times past, that media ecosystem would include various mass media outlets, from newspapers to cable TV networks. Today, the internet and social media platforms have greatly expanded the scope and reach of communication within society. Of course, journalism plays a key role within that ecosystem. High quality journalism and the unprecedented transparency of social media keeps power structures in check—and sometimes, these forces can drive genuine societal change. Reporters bring us news from the front lines of conflict, and uncover hard truths through investigative journalism. That said, as Visual Capitalist's Nick Routley and Carmen Ang detail below, these positive impacts are sometimes overshadowed by harmful practices and negative externalities occurring in the media ecosystem. The graphic above is an attempt to catalog problems within the media ecosystem as a basis for discussion. Many of the problems are easy to understand once they’re identified. However, in some cases, there is an interplay between these issues that is worth digging into. Below are a few of those instances. Explicit Bias vs. Implicit Bias Broadly speaking, bias in media breaks down into two types: explicit and implicit. Publishers with explicit biases will overtly dictate the types of stories that are covered in their publications and control the framing of those stories. They usually have a political or ideological leaning, and these outlets will use narrative fallacies or false balance in an effort to push their own agenda. Unintentional filtering or skewing of information is referred to as implicit bias, and this can manifest in a few different ways. For example, a publication may turn a blind eye to a topic or issue because it would paint an advertiser in a bad light. These are called no fly zones, and given the financial struggles of the news industry, these no fly zones are becoming increasingly treacherous territory. Misinformation vs. Disinformation Both of these terms imply that information being shared is not factually sound. The key difference is that misinformation is unintentional, and disinformation is deliberately created to deceive people. Fake news stories, and concepts like deepfakes, fall into the latter category. We broke down the entire spectrum of fake news and how to spot it, in a previous infographic. Simplify, Simplify Mass media and social feeds are the ultimate Darwinistic scenario for ideas. Through social media, stories are shared widely by many participants, and the most compelling framing usually wins out. More often than not, it’s the pithy, provocative posts that spread the furthest. This process strips context away from an idea, potentially warping its meaning. Video clips shared on social platforms are a prime example of context stripping in action. An (often shocking) event occurs, and it generates a massive amount of discussion despite the complete lack of context. This unintentionally encourages viewers to stereotype the persons in the video and bring our own preconceived ideas to the table to help fill in the gaps. Members of the media are also looking for punchy story angles to capture attention and prove the point they’re making in an article. This can lead to cherrypicking facts and ideas. Cherrypicking is especially problematic because the facts are often correct, so they make sense at face value, however, they lack important context. Simplified models of the world make for compelling narratives, like good-vs-evil, but situations are often far more complex than what meets the eye. The News Media Squeeze It’s no secret that journalism is facing lean times. Newsrooms are operating with much smaller teams and budgets, and one result is ‘churnalism’. This term refers to the practice of publishing articles directly from wire services and public relations releases. Churnalism not only replaces more rigorous forms of reporting—but also acts as an avenue for advertising and propaganda that is harder to distinguish from the news. The increased sense of urgency to drive revenue is causing other problems as well. High-quality content is increasingly being hidden behind paywalls. The end result is a two-tiered system, with subscribers receiving thoughtful, high-quality news, and everyone else accessing shallow or sensationalized content. That everyone else isn’t just people with lower incomes, it also largely includes younger people. The average age of today’s paid news subscriber is 50 years old, raising questions about the future of the subscription business model. For outlets that rely on advertising, desperate times have called for desperate measures. User experience has taken a backseat to ad impressions, with ad clutter (e.g. auto-play videos, pop-ups, and prompts) interrupting content at every turn. Meanwhile, in the background, third-party trackers are still watching your every digital move, despite all the privacy opt-in prompts. How Can We Fix the Problems with Media? With great influence comes great responsibility. There is no easy fix to the issues that plague news and social media. But the first step is identifying these issues, and talking about them. The more media literate we collectively become, the better equipped we will be to reform these broken systems, and push for accuracy and transparency in the communication channels that bind society together. *  *  * Visual Capitalist is raising funds to build The VC App – the first of its kind, combining verifiable and transparent data with beautiful, memorable images. Back them now. Tyler Durden Sat, 07/02/2022 - 23:00.....»»

Category: blogSource: zerohedge7 hr. 55 min. ago

Top LinkedIn Newsletters Covering Innovation In Finance

Innovation in finance is one of many categories in which you could find success by changing your strategy. As the well-known quote goes: “Changing times require changing strategies.” In fact, you could apply that overarching principle to just about any category, even blindly, and maintain high confidence that your assessment will be correct. Given that […] Innovation in finance is one of many categories in which you could find success by changing your strategy. As the well-known quote goes: “Changing times require changing strategies.” In fact, you could apply that overarching principle to just about any category, even blindly, and maintain high confidence that your assessment will be correct. Given that there are so many evolving technologies related to the world of finance, it only makes sense to stay current on recent innovations. On the other hand, failing to keep up with financial innovation news, at best, might result in missing out on some great opportunities. At worst, you risk making your product or service obsolete and subsequently going out of business. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more Of course, not every tech tool or innovation related to handling your money will apply to your situation. Even so, it’s wise to strive to maintain a working understanding of how recent breakthroughs impact and perhaps even disrupt other industries. Schedule Regular Research Time - Pick Your Subscriptions Wisely Your reasons for keeping yourself current may vary, but they are invaluable for community building with other business people. While you might not personally prosper from some new tool, you may well know others who would. By becoming a go-to resource for others, you significantly increase that others will also keep an eye out for you. Unfortunately, every field is chock-full of self-appointed “experts” who may or may not have anything valuable to say. Far too many people are putting out information on financial innovation with eyes focused on self-promotion rather than authentically helping others. That’s not the case with the LinkedIn newsletters highlighted below. All eight of these publications are clear, helpful, and provided in the interest of helping business people navigate the ever-changing terrain of commerce as the ebb and flow of cash crashes into the digital realm. There are a variety of LinkedIn newsletters available, but here is a list of ones specific to the finance areas that can be good to follow. Innovation Re:Imagined Jeff Wong Jeff Wong is the Global Chief Innovation Officer for EY. He serves on the advisory board for AI4All, a nonprofit promoting inclusion and diversity in artificial intelligence, and is a member of the Council on Foreign Relations. EY is a global professional services firm whose purpose is to build a better working world. Its Global Innovation function, led by Wong, is focused on “creating new” innovations using disruptive technologies, opportunities to evolve the way we work now and in the future, and how to scale new solutions sustainably across organizations. A massive chunk of their business is in the financial services sector, so it only makes sense that Wong is a resource for finding out what’s on the horizon and how we can harness innovative solutions to unlock value. As the world emerges from the pandemic, living and working in new and collaborative ways is more important than ever. This is why innovation is so critical, from large to small companies across various industries – and even at an individual level. Wong’s newsletter has only recently launched, but the first three editions have all been thought-provoking and have given helpful insights on how to meet disruption with opportunity in today’s fast-changing world. Investment Insights Rob Sharps Robert Sharps is the chief executive officer and president of T. Rowe Price Group. He has served in various positions in the company since 1997, including co-head of global equity in investment leadership. Sharps became president and CEO in January of this year. As of this writing, Investment Insights has published 15 editions and has more than 20,000 subscribers. It tends to focus on taking the longer view on investing, analyzing data from all corners of the globe to pinpoint opportunities that might otherwise get missed. The newsletter only comes out when T. Rowe Price has something meaningful to contribute, and I actually appreciate that sort of publication schedule. All Things RedSwan CRE Edward Nwokedi CCIM MBA Edward Nwokedi has more than $3 billion in financial transactions and hundreds of clients credited to his account. As the founder and CEO of RedSwan CRE, Nwokedi is a specialist in the tokenized commercial real estate field. He is considered one of the leaders in the tokenization market for Class A, B, and C multi-family dwellings. The All Things RedSwan CRE newsletter just recently launched on LinkedIn, and only two editions are currently available online. That being so, it’s impressive that over 1,000 investors have already noticed. Tokenization promises to open up the real estate investment market to a broader range of investors, especially those just starting out or with limited access to capital. In addition, by investing small amounts over time, this type of innovation in the real estate market holds out the promise of democratizing the process and supporting otherwise-underrepresented segments of the investment crowd. Trends in Finance & Accounting Anders Liu-Lindberg Anders Liu-Lindberg is a leading voice when it comes to forming strategic partnerships. He is a co-founder of the Business Partnering Institute headquartered in Copenhagen. He also serves on the advisory board for Born Capital, which seeks innovation in CFOTech. Liu-Lindberg’s newsletter has more than a quarter-million subscribers and more than 200 editions. His posts are concise, practical, and provide a high-altitude view of financial trends poised to change how we conduct business. Liu-Lindberg also co-authored the book Create Value as a Finance Business Partner, wherein he shares further insights into the value of long-term, sustainable partnerships that provide a win-win in the fintech sector. The Future of Financial Advice Derek N.H. Notman, CFP D.J. Notman is a virtual financial advisor and certified financial planner. Notman is the founder of Intrepid Wealth Partners and seeks to assist other founders, entrepreneurs, startups, business owners, and their families in establishing financial plans that lead to long-term prosperity. Notman’s newsletter features a friendly, accessible approach that can seem less daunting to those who do not occupy the upper echelons of international financial markets. Honestly, that’s one of the things I find contributing to its appeal. Published biweekly, the newsletter has more than 12,000 subscribers and a genuinely memorable tagline: “Ideas for disrupting an industry as old as dirt.” So if you’re relatively new to financial innovation and how individuals can leverage it for smaller enterprises, Notman’s newsletter might serve as a great entry point. This Week in Finance Devin Banerjee, CFA LinkedIn is the world’s largest professional networking platform, with more than 830 million members from 200 nations. As an editor at large for LinkedIn, whatever Devin Banerjee publishes attracts a lot of eyeballs across the globe. Banerjee’s articles on finance, dealmaking, and innovation have appeared in The Wall Street Journal, Boston Globe, The Washington Post, and numerous other high-profile publications. This Week in Finance is published weekly and boasts more than 355,000 subscribers. Articles are concise yet link-heavy for those wanting to dive deeper. The subheads and bullet points allow readers to scan for items of interest or move on as desired. This is a tremendous service to those who do not have much time to invest in reading newsletters. The depth of research is evident, and it’s clear that the editors at This Week in Finance are all masters of saying a lot with a few carefully chosen words. Stock Market News (Breaking) Michael Spencer Michael Spencer is an independent writer who focuses on artificial intelligence, economics, data science, and quantum computing. His LinkedIn newsletter focuses on stock-related breaking news and market sentiment analysis, with over 100 editions published to date and more than 44,000 subscribers. Spencer’s newsletter takes a highly personal approach to the field. Newcomers will find items of interest regardless of industry. Subheads are clearly labeled, which the time-conscious will appreciate. This might be a great place to start for those new to investing. It offers a great “lay of the land” approach to help you navigate investments, technology, and outcomes. Blockchain, AI & Cybersecurity Alessandro Civati Alessandro Civati is passionate about helping businesses make data-driven decisions. His areas of expertise include blockchain and cybersecurity. Recently, he presented the EdVerso Protocol — a global project built on the LutinX blockchain — to the Italian Parliament. The EdVerso platform was designed to disrupt the educational technology space via decentralization. Data security issues appear in the headlines daily. Therefore, many hope blockchain technology will be the key to eliminating breaches, ransomware, and system hacks. Civati’s newsletter is all over the board with blockchain-related news, and that’s a good thing. Subscribers (currently more than 140,000) can find articles where this innovative technology is touching their lives in education, global food supply, social networks, the war in Ukraine, espionage, and more. However, be careful with this one since it’s too easy to fall down the rabbit hole with the breadth of information that Civati makes available. Article by Deanna Ritchie, Due About the Author Deanna Ritchie is a financial editor at Due. She has a degree in English Literature. She has written 1000+ articles on getting out of debt and mastering your finances. She has edited over 40,000 articles in her life. She has a passion for helping writers inspire others through their words. Deanna has also been an editor at Entrepreneur Magazine and ReadWrite. Updated on Jun 30, 2022, 3:47 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 30th, 2022

The salary journeys of employees across every industry: from the administrative assistant making $16.50 an hour to the pharmaceutical exec making $200,000+ a year

From marketing directors to software engineers, Insider's "Salary Journeys" series gives job seekers more info so they can advocate for fair wages. Alyssa Powell/Insider "Salary Journeys" is a series that reveals what people have made over the course of their careers. The goal is to increase salary transparency and empower people to achieve a fairer wage. Each salary journey spotlights a different person's path and the relationship they have to money. With predictions that skyrocketing prices aren't cooling off soon, US job seekers may be contemplating switching jobs, asking for the raise they've been dreaming of, or even changing industries entirely. Insider's "Salary Journeys" careers series, showcases how employees have navigated these types of transitions — from the data architect making $150,000 a year who loves getting to spend time with his family to the clinical psychologist making $72,000 who feels underpaid."If I'm being honest, I've come to understand that while my salary is important to me, my worth is more than the money I make," said one lawyer, who makes $154,000 a year. "I want to feel valued."The goal of "Salary Journeys" is to create more transparency for job seekers who want to make sure they are paid a fair wage. One Glassdoor study found 70% of employees across seven countries said they believed salary transparency is good for employee satisfaction. An even more sizable portion, 72% of respondents, thought it was good for business.Each salary journey, while anonymized, is an effort to provide a fuller picture of where opportunities lie and which career paths may intertwine in unexpected ways. If you are interested in submitting your salary journey, please email salaryjourneys@insider.com. All submissions are kept confidential.Data architect, $150,000 a yearEven though he knows he could make more elsewhere, a father of two in the South explains the trade off he makes to keep his work-life balance. He says the job isn't grueling, and it allows him to spend time with his wife and kids. "The work is interesting, my colleagues are smart, and this company is committed to its workers and its workers' families," he said. "If I ever need to leave work in the middle of the day to pick up my children, my manager or coworkers cover me."Read more: I'm a data architect in my 40s earning roughly $150,000 a year. I could make more money, but I know that comes with trade-offs.Social media editor, $70,000 a yearCurrently, in her second job, a 24-year-old white woman at a major media company believes she's underpaid by 20-30%. She's currently pulling double duty as an editor and show host for the brand, and says she's built much of the company's social following herself. "I'm in the process of drafting something telling my company that I need a raise to $85,000 or $90,000, or I'm going to look elsewhere," she said. "Even though I like my job, if another offer came my way that offered better opportunities, I'd take it without hesitation.Read more: I'm a 24-year-old social media editor making $70,000. I'm learning to ask for a salary that matches my worth.Associate director, $170,000 a year plus a 15% end-of-year bonusThis 42-year-old associate director loves her job working at a biotech company with oncology patients — she's passionate about her work, makes a high salary, and operates remotely. However, as a woman working in STEM, she has had to be bold about asking for what she wants. "There's more money on the table, and you just need to know how to ask for it," she said. "It doesn't come naturally — it's not a thing that women are socialized to do, but men do it all the time."Read more: I'm a 42-year-old woman researcher in biotech making $170,000 a year plus bonus. I've never been afraid to ask for a raise because 'there's more money on the table.'IT manager, $67,000 a yearA 30-year-old white man started working at his current employer in 2010, and made about $32,240 a year. Today, he earns around $67,000, but based on listings for similar jobs, he thinks he should be making closer to $85,000 or $95,000."I know that changing jobs is typically the most effective way to increase your salary," he said, "but I have a lot of anxiety about the idea of switching jobs." Growing up, his father bounced between many jobs after leaving the military, creating a feeling of instability. Read more: I'm a 30-year-old IT manager making $67,000. I've had one employer for 12 years, but I'm too anxious to leave.Marketing director, $125,000 a yearA 30-year-old Asian American woman who works with influencers says she owes a vote of thanks to social media for her own salary journey.After realizing she was the lowest-paid director on the team at a former job, she vowed to do her research and make the case at her current company that she deserved more."I had heard mention of 'salary adjustments' on TikTok and looked into that," she said. "They're not annual raises but out-of-cycle pay increases that get you where you need to be based on your role and responsibilities."Read more: I'm a 30-year-old influencer-marketing director making $125,000 at my dream job. TikTok helped me negotiate my salary.HR professional, $81,000 a yearFor over a decade, a 32-year-old white woman in human resources felt hamstrung by the Great Recession's effects on her compensation. She tried negotiating and asking for more responsibilities, but in the end, the only thing that worked was finding a new job.Now, she says, her employer pays her fairly and she feels valued by her manager. "It's clear that the job market is very different from when I first started," she said. "I'm glad to finally be making what I'm worth, with a work-life balance that is comfortable for me."Read more: I'm a 32-year-old HR professional making $81,000 a year. Job-hopping was the only way to make what I'm worth.Head of employee relations, $170,775 a year plus a $20,000 signing bonus and 25% target bonusA 31-year-old Black human-resources manager is a proponent of job-hopping, having benefited from the practice herself —today, she's with her fifth employer and earning $212,000 a year. Since she works in HR, she has a transparent view of salary dynamics and how pay works. She also believes most employees will only see an annual raise of 3% or 5%. The only way to get a significant salary increase is to take a new job, she added. "Some of my more traditional colleagues look down on job-hoppers and see them as less committed to their organizations," she said. "I don't look at how long candidates stayed in jobs. Instead, I ask: What did they accomplish?" Read more: I'm a 31-year-old Black woman in HR who makes over $200,000 a year. Job-hopping gets a bad rap, but it's always helped me make what I'm worth.Telecoms sales, $7,000 a monthAfter an early stint as an ad executive in radio broadcasting, a 26-year-old Black man living in the South moved into telecommunications sales as an hourly employee.He is the sole breadwinner for his family, so he was determined to achieve a managerial role within the first year. As it turned out, his dedication and willingness to take advantage of opportunities that came his way led to a promotion offer within the first six months, taking his income to $3,500 a month, plus an average of $3,500 a month in commission.Read more: I'm a 26-year-old in telecommunications sales making $7,000 a month. Hard work and clever planning helped me negotiate a life-changing promotion.Clinical psychologist, $72,000 a yearThe COVID-19 pandemic has made this 59-year-old white woman's job as a clinical psychologist even more challenging. She's been working with patients with severe and persistent mental illness for 14 years, and while she loves her work, she feels underpaid and has $32,000 in debt."It's really unfortunate because, especially over the past two years of the pandemic, it seems as though everyone has a mental-health problem," she said. "But mental-health providers can't take any more clients." Read more: I'm a 59-year-old psychologist who used to be a private chef. I make the same salary as I did 20 years ago, but now have $32,000 in student-loan debt.Software engineer, $183,000 per yearGrowing up with two engineer parents and a strong understanding of finance, a 32-year-old white man living on the West Coast talked about feeling underpaid relative to his peers in Big Tech. "I know I'm incredibly lucky and privileged," he said. "Still, given my field, when I apply for a job, I'm probably not going to settle for less than $220,000 a year, which is closer to what I believe other people in my position are making."Read more: I'm a 32-year-old software engineer at a Big Tech company making $183,000. I know I've been incredibly lucky, but I'm still underpaid.Lawyer, $154,000 per yearFeeling valued at work was never part of the equation for a 36-year-old white male lawyer, until he began making more and noticed it was coming with a cost.His current job — in-house counsel for an environmental-markets company — has been a radical shift from his grueling prior roles. He described the culture and atmosphere as "life-changing." "My boss treats me well," he said. "And my colleagues take an interest in me, getting to know my wife's name and asking about my kids' T-ball team."Read more: I'm a 36-year-old lawyer making $154,000. My salary journey over 7 years is a story of learning my self-worth.Accounting specialist, $50,000 a yearThis 59-year old woman found herself unemployed in August of 2021. Even with more than two decades of experience under her belt, she struggled to find a job that would compensate her fairly or offer her a flexible working environment. She finally found a hybrid role and will be making $50,000 annually. "In the midst of the Great Resignation, I seem to be left sorting through the scraps of jobs that no one else wants," she said. "The places that would give me more money were places I didn't want to work — they didn't offer remote work."Read more: I'm a 59-year-old whose accounting job was eliminated after 20 years. Finding something new felt like 'sorting through the scraps' of bad jobs.Administrative assistant, $16.50 an hourCOVID-19 was devastating for this 37-year-old white woman working in the Midwest. She was jobless for nine months and said she didn't receive unemployment for half that time.Today, she works in a role that she loves and looks back at the experience as a learning opportunity. "I know how to ask for a raise and adjust to a pay cut," she said. "And I've learned to look out for myself and keep an eye on potential opportunities."Read more: I'm a 37-year-old administrative assistant making $16.50 an hour, and I've never been happier. Here's my salary journey over 4 jobs.Editor, $46,000 per yearNegotiations have never come easy to this Latina editor in the Southeast, and she fears it could be having a negative effect on her overall career trajectory.As a result, the 27-year-old said she's never had a negotiation go well and has settled for what she's been offered."Working closely with my higher-ups has taught me how replaceable we are to them," she said. "I'm nervous that if I push too hard, I will be out of a job."Read more: I'm a 27-year-old editor earning up to $46,000 a year. I have a hard time negotiating and don't know what it will mean for my career.Pharmaceutical executive, $203,000 per yearThe 25-year salary journey of a white male pharma executive is one of slow and steady increases. Starting as a contractor 16 years ago, he worked his way up the ladder. Today, he makes $203,000 in salary plus bonus, and an additional $25,000 in stock options."I'm never going to be a millionaire," he said. "But I think I'm well-compensated and that I make a fair wage for the kind of work I do. At this point, I'd have to be offered an exorbitant amount of money to jump ship to a new company."Read more: I'm a 46-year-old pharma exec making over $200,000 a year. I had no idea the industry would be this lucrative.Property-management sales, $125,000 a year, plus a $75,000 commissionThis 38-year-old Black man found himself struggling to build his career in interior sales after signing a non-compete contract with a former employer. The multiple lawsuits he faced from his former employee were anxiety-inducing at the time, but they eventually led him to real estate—a field he really connects with and loves. "My parents' generation was staunchly loyal to employers," he said. "As a millennial, I feel a little differently: I feel like I have to do what's best for me, my mental health, and my career path."Read more: I'm a 38-year-old Black man making $200,000 in real-estate sales. I finally feel like I'm making what I'm worth.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 30th, 2022

These 46 pitch decks helped fintechs disrupting trading, investing, and banking raise millions in funding

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision.Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech funding has been on a tear.In 2021, fintech funding hit a record $132 billion globally, according to CB Insights, more than double 2020's mark.Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. New twists on digital bankingZach Bruhnke, cofounder and CEO of HMBradleyHMBradleyConsumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series APersonal finance is only a text awayYinon Ravid, the chief executive and cofounder of Albert.AlbertThe COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalG 'A bank for immigrants'Priyank Singh and Rohit Mittal are the cofounders of Stilt.StiltRohit Mittal remembers the difficulties he faced when he first arrived in the United States a decade ago as a master's student at Columbia University.As an immigrant from India, Mittal had no credit score in the US and had difficulty integrating into the financial system. Mittal even struggled to get approved to rent an apartment and couch-surfed until he found a roommate willing to offer him space in his apartment in the New York neighborhood Morningside Heights.That roommate was Priyank Singh, who would go on to become Mittal's cofounder when the two started Stilt, a financial-technology company designed to address the problems Mittal faced when he arrived in the US.Stilt, which calls itself "a bank for immigrants," does not require a social security number or credit history to access its offerings, including unsecured personal loans.Instead of relying on traditional metrics like a credit score, Stilt uses data such as education and employment to predict an individual's future income stability and cash flow before issuing a loan. Stilt has seen its loan volume grow by 500% in the past 12 months, and the startup has loaned to immigrants from 160 countries since its launch. Here are the 15 slides Stilt, which calls itself 'a bank for immigrants,' used to raise a $14 million Series AAn IRA for alternativesHenry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar.Rocket DollarFintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionA trading app for activismAntoine Argouges, CEO and founder of TulipshareTulipshareAn up-and-coming fintech is taking aim at some of the world's largest corporations by empowering retail investors to push for social and environmental change by pooling their shareholder rights.London-based Tulipshare lets individuals in the UK invest as little as one pound in publicly-traded company stocks. The upstart combines individuals' shareholder rights with other like-minded investors to advocate for environmental, social, and corporate governance change at firms like JPMorgan, Apple, and Amazon.The goal is to achieve a higher number of shares to maximize the number of votes that can be submitted at shareholder meetings. Already a regulated broker-dealer in the UK, Tulipshare recently applied for registration as a broker-dealer in the US. "If you ask your friends and family if they've ever voted on shareholder resolutions, the answer will probably be close to zero," CEO and founder Antoine Argouges told Insider. "I started Tulipshare to utilize shareholder rights to bring about positive corporate change that has an impact on people's lives and our planet — what's more powerful than money to change the system we live in?"Check out the 14-page pitch deck from Tulipshare, a trading app that lets users pool their shareholder votes for activism campaignsDigital tools for independent financial advisorsJason Wenk, founder and CEO of AltruistAltruistJason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightRethinking debt collection Jason Saltzman, founder and CEO of ReliefReliefFor lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.  Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundHelping small banks lendTKCollateralEdgeFor large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies — typically those with annual revenues ranging up to $1 billion — are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks — typically those with between $1 billion and $50 billion in assets — to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed roundA new way to assess creditworthinessPinwheel founders Curtis Lee, Kurt Lin, and Anish Basu.PinwheelGrowing up, Kurt Lin never saw his father get frustrated. A "traditional, stoic figure," Lin said his father immigrated to the United States in the 1970s. Becoming part of the financial system proved even more difficult than assimilating into a new culture.Lin recalled visiting bank after bank with his father as a child, watching as his father's applications for a mortgage were denied due to his lack of credit history. "That was the first time in my life I really saw him crack," Lin told Insider. "The system doesn't work for a lot of people — including my dad," he added. Lin would find a solution to his father's problem years later while working with Anish Basu, and Curtis Lee on an automated health savings account. The trio realized the payroll data integrations they were working on could be the basis of a product that would help lenders work with consumers without strong credit histories."That's when the lightbulb hit," said Lin, Pinwheel's CEO.In 2018, Lin, Basu, and Lee founded Pinwheel, an application-programming interface that shares payroll data to help both fintechs and traditional lenders serve consumers with limited or poor credit, who have historically struggled to access financial products. Here's the 9-page deck that Pinwheel, a fintech helping lenders tap into payroll data to serve consumers with little to no credit, used to raise a $50 million Series BAn alternative auto lenderTricolorAn alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investors A new way to access credit The TomoCredit teamTomoCreditKristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AHelping streamline how debts are repaidMethod Financial cofounders Jose Bethancourt and Marco del Carmen.Method FinancialWhen Jose Bethancourt graduated from the University of Texas at Austin in May 2019, he faced the same question that confronts over 43 million Americans: How would he repay his student loans?The problem led Bethancourt on a nearly two-year journey that culminated in the creation of a startup aimed at making it easier for consumers to more seamlessly pay off all kinds of debt.  Initially, Bethancourt and fellow UT grad Marco del Carmen built GradJoy, an app that helped users better understand how to manage student loan repayment and other financial habits. GradJoy was accepted into Y Combinator in the summer of 2019. But the duo quickly realized the real benefit to users would be helping them move money to make payments instead of simply offering recommendations."When we started GradJoy, we thought, 'Oh, we'll just give advice — we don't think people are comfortable with us touching their student loans,' and then we realized that people were saying, 'Hey, just move the money — if you think I should pay extra, then I'll pay extra.' So that's kind of the movement that we've seen, just, everybody's more comfortable with fintechs doing what's best for them," Bethancourt told Insider. Here is the 11-slide pitch deck Method Financial, a Y Combinator-backed fintech making debt repayment easier, used to raise $2.5 million in pre-seed fundingQuantum computing made easyQC Ware CEO Matt Johnson.QC WareEven though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant modelsKirat Singh and Mark Higgins, Beacon's cofounders.BeaconA fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOSussing out bad actorsFrom left to right: Cofounders CTO David Movshovitz, CEO Doron Hendler, and chief architect Adi DeGaniRevealSecurityAn encounter with an impersonation hacker led Doron Hendler to found RevealSecurity, a Tel Aviv-based cybersecurity startup that monitors for insider threats.Two years ago, a woman impersonating an insurance-agency representative called Hendler and convinced him that he made a mistake with his recent health insurance policy upgrade. She got him to share his login information for his insurer's website, even getting him to give the one-time passcode sent to his phone. Once the hacker got what she needed, she disconnected the call, prompting Hendler to call back. When no one picked up the phone, he realized he had been conned.He immediately called his insurance company to check on his account. Nothing seemed out of place to the representative. But Hendler, who was previously a vice president of a software company, suspected something intangible could have been collected, so he reset his credentials."The chief of information security, who was on the call, he asked me, 'So, how do you want me to identify you? You gave your credentials; you gave your ID; you gave the one time password. How the hell can I identify that it's not you?' And I told him, 'But I never behave like this,'" Hendler recalled of the conversation.RevealSecurity, a Tel Aviv-based cyber startup that tracks user behavior for abnormalities, used this 27-page deck to raise its Series AA new data feed for bond tradingMark Lennihan/APFor years, the only way investors could figure out the going price of a corporate bond was calling up a dealer on the phone. The rise of electronic trading has streamlined that process, but data can still be hard to come by sometimes. A startup founded by a former Goldman Sachs exec has big plans to change that. BondCliQ is a fintech that provides a data feed of pre-trade pricing quotes for the corporate bond market. Founded by Chris White, the creator of Goldman Sachs' defunct corporate-bond-trading system, BondCliQ strives to bring transparency to a market that has traditionally kept such data close to the vest. Banks, which typically serve as the dealers of corporate bonds, have historically kept pre-trade quotes hidden from other dealers to maintain a competitive advantage.But tech advancements and the rise of electronic marketplaces have shifted power dynamics into the hands of buy-side firms, like hedge funds and asset managers. The investors are now able to get a fuller picture of the market by aggregating price quotes directly from dealers or via vendors.Here's the 9-page pitch deck that BondCliQ, a fintech looking to bring more data and transparency to bond trading, used to raise its Series AFraud prevention for lenders and insurersFiordaliso/Getty ImagesOnboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews FakespotMarketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series AHelping fintechs manage dataProper Finance co-founders Travis Gibson (left) and Kyle MaloneyProper FinanceAs the flow of data becomes evermore crucial for fintechs, from the strappy startup to the established powerhouse, a thorny issue in the back office is becoming increasingly complex.Even though fintechs are known for their sleek front ends, the back end is often quite the opposite. Behind that streamlined interface can be a mosaic of different partner integrations — be it with banks, payments players and networks, or software vendors — with a channel of data running between them. Two people who know that better than the average are Kyle Maloney and Travis Gibson, two former employees of Marqeta, a fintech that provides other fintechs with payments processing and card issuance. "Take an established neobank for example. They'll likely have one or two card issuers, two to three bank partners, ACH processing for direct deposits and payouts, mobile check deposits, peer-to-peer payments, and lending," Gibson told Insider. Here's the 12-page pitch deck a startup helping fintechs manage their data used to score a $4.3 million seed from investors like Redpoint Ventures and Y CombinatorE-commerce focused business bankingMichael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo.Kristelle Boulos PhotographyBusiness banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series AShopify for embedded financeProductfy CEO and founder, Duy VoProductfyProductfy is looking to break into embedded finance by becoming the Shopify of back-end banking services.Embedded finance — integrating banking services in non-financial settings — has taken hold in the e-commerce world. But Productfy is going after a different kind of customer in churches, universities, and nonprofits.The San Jose, Calif.-based upstart aims to help non-finance companies offer their own banking products. Productfy can help customers launch finance features in as little as a week and without additional engineering resources or background knowledge of banking compliance or legal requirements, Productfy founder and CEO Duy Vo told Insider. "You don't need an engineer to stand up Shopify, right? You can be someone who's just creating art and you can use Shopify to build your own online store," Vo said, adding that Productfy is looking to take that user experience and replicate it for banking services.Here's the 15-page pitch deck Productfy, a fintech looking to be the Shopify of embedded finance, used to nab a $16 million Series ADeploying algorithms and automation to small-business financingJustin Straight and Bernard Worthy, LoanWell co-foundersLoanWellBernard Worthy and Justin Straight, the founders of LoanWell, want to break down barriers to financing for small and medium-size businesses — and they've got algorithms and automation in their tech arsenals that they hope will do it.Worthy, the company's CEO, and Straight, its chief operating and financial officer, are powering community-focused lenders to fill a gap in the SMB financing world by boosting access to loans under $100,000. And the upstart is known for catching the attention, and dollars, of mission-driven investors. LoanWell closed a $3 million seed financing round in December led by Impact America Fund with participation from SoftBank's SB Opportunity Fund and Collab Capital.LoanWell automates the financing process — from underwriting and origination, to money movement and servicing — which shaves down an up-to-90-day process to 30 days or even same-day with some LoanWell lenders, Worthy said. SMBs rely on these loans to process quickly after two years of financial uncertainty. But the pandemic illustrated how time-consuming and expensive SMB financing can be, highlighted by efforts like the federal government's Paycheck Protection Program.Community banks, once the lifeline to capital for many local businesses, continue to shutter. And demands for smaller loan amounts remain largely unmet. More than half of business-loan applicants sought $100,000 or less, according to 2018 data from the Federal Reserve. But the average small-business bank loan was closer to six times that amount, according to the latest data from a now discontinued Federal Reserve survey.Here's the 14-page pitch deck LoanWell used to raise $3 million from investors like SoftBank.Branded cards for SMBsJennifer Glaspie-Lundstrom is the cofounder and CEO of Tandym.TandymJennifer Glaspie-Lundstrom is no stranger to the private-label credit-card business. As a former Capital One exec, she worked in both the card giant's co-brand partnerships division and its tech organization during her seven years at the company.Now, Glaspie-Lundstrom is hoping to use that experience to innovate a sector that was initially created in malls decades ago.Glaspie-Lundstrom is the cofounder and CEO of Tandym, which offers private-label digital credit cards to merchants. Store and private-label credit cards aren't a new concept, but Tandym is targeting small- and medium-sized merchants with less than $1 billion in annual revenue. Glaspie-Lundstrom said that group often struggles to offer private-label credit due to the expense of working with legacy players."What you have is this example of a very valuable product type that merchants love and their customers love, but a huge, untapped market that has heretofore been unserved, and so that's what we're doing with Tandym," Glaspi-Lundstrom told Insider.A former Capital One exec used this deck to raise $60 million for a startup helping SMBs launch their own branded credit cardsCatering to 'micro businesses'Stefanie Sample is the founder and CEO of FundidFundidStartups aiming to simplify the often-complex world of corporate cards have boomed in recent years.Business-finance management startup Brex was last valued at $12.3 billion after raising $300 million last year. Startup card provider Ramp announced an $8.1 billion valuation in March after growing its revenue nearly 10x in 2021. Divvy, a small business card provider, was acquired by Bill.com in May 2021 for approximately $2.5 billion.But despite how hot the market has gotten, Stefanie Sample said she ended up working in the space by accident. Sample is the founder and CEO of Fundid, a new fintech that provides credit and lending products to small businesses.This May, Fundid announced a $3.25 million seed round led by Nevcaut Ventures. Additional investors include the Artemis Fund and Builders and Backers. The funding announcement capped off the company's first year: Sample introduced the Fundid concept in April 2021, launched its website in May, and began raising capital in August."I never meant to do Fundid," Sample told Insider. "I never meant to do something that was venture-backed."Read the 12-page deck used by Fundid, a fintech offering credit and lending tools for 'micro businesses'Embedded payments for SMBsThe Highnote teamHighnoteBranded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingSpeeding up loans for government contractors OppZo cofounders Warren Reed and Randy GarrettOppZoThe massive market for federal government contracts approached $700 billion in 2020, and it's likely to grow as spending accelerates amid an ongoing push for investment in the nation's infrastructure. Many of those dollars flow to small-and-medium sized businesses, even though larger corporations are awarded the bulk of contracts by volume. Of the roughly $680 billion in federal contracts awarded in 2020, roughly a quarter, according to federal guidelines, or some $146 billion that year, went to smaller businesses.But peeking under the hood of the procurement process, the cofounders of OppZo — Randy Garrett and Warren Reed — saw an opportunity to streamline how smaller-sized businesses can leverage those contracts to tap in to capital.  Securing a deal is "a government contractor's best day and their worst day," as Garrett, OppZo's president, likes to put it."At that point they need to pay vendors and hire folks to start the contract. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO,  told Insider. Check out the 12-page pitch deck OppZo, a fintech that has figured out how to speed up loans to small government contractors, used to raise $260 million in equity and debtHelping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping.ComplYantAfter 14 years in tax accounting, Shiloh Johnson had formed a core philosophy around corporate accounting: everyone deserves to understand their business's money and business owners need to be present in their bookkeeping process.She wanted to help small businesses understand "this is why you need to do what you're doing and why you have to change the way you think about tax and be present in your bookkeeping process," she told Insider. The Los Angeles native wanted small businesses to not only understand business tax no matter their size but also to find the tools they needed to prepare their taxes in one spot. So Johnson developed a software platform that provides just that.The 13-page pitch deck ComplYant used to nab $4 million that details the tax startup's plan to be Turbotax, Quickbooks, and Xero rolled into one for small business ownersAutomating accounting ops for SMBsDecimal CEO Matt Tait.DecimalSmall- and medium-sized businesses can rely on any number of payroll, expense management, bill pay, and corporate-card startups promising to automate parts of their financial workflow. Smaller firms have adopted this corporate-financial software en masse, boosting growth throughout the pandemic for relatively new entrants like Ramp and massive, industry stalwarts like Intuit. But it's no easy task to connect all of those tools into one, seamless process. And while accounting operations might be far from where many startup founders want to focus their time, having efficient back-end finances does mean time — and capital — freed up to spend elsewhere. For Decimal CEO Matt Tait, there's ample opportunity in "the boring stuff you have to do to survive as a company," he told Insider. Launched in 2020, Decimal provides a back-end tech layer that small- and medium-sized businesses can use to integrate their accounting and business-management software tools in one place.On Wednesday, Decimal announced a $9 million seed fundraising round led by Minneapolis-based Arthur Ventures, alongside Service Providers Capital and other angel investors. See the 13-page pitch deck for Decimal, a startup automating accounting ops for small businessesInvoice financing for SMBsStacey Abrams and Lara Hodgson, Now co-foundersNowAbout a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain — but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system.  "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionCheckout made easyRyan Breslow.Ryan BreslowAmazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers — currently over 5.6 million — that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DPayments infrastructure for fintechsQolo CEO and co-founder Patricia MontesiQoloThree years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders — who together had more than a century of combined industry experience — to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ABetter use of payroll dataAtomic's Head of Markets, Lindsay DavisAtomicEmployees at companies large and small know the importance — and limitations — of how firms manage their payrolls. A new crop of startups are building the API pipes that connect companies and their employees to offer a greater level of visibility and flexibility when it comes to payroll data and employee verification. On Thursday, one of those names, Atomic, announced a $40 million Series B fundraising round co-led by Mercato Partners and Greylock, alongside Core Innovation Capital, Portage, and ATX Capital. The round follows Atomic's Series A round announced in October, when the startup raised a $22 million Series A from investors including Core Innovation Capital, Portage, and Greylock.Payroll startup Atomic just raised a $40 million Series B. Here's an internal deck detailing the fintech's approach to the red-hot payments space.Saving on vendor invoicesHoward Katzenberg, Glean's CEO and cofounderGleanWhen it comes to high-flying tech startups, headlines and investors typically tend to focus on industry "disruption" and the total addressable market a company is hoping to reach. Expense cutting as a way to boost growth typically isn't part of the conversation early on, and finance teams are viewed as cost centers relative to sales teams. But one fast-growing area of business payments has turned its focus to managing those costs. Startups like Ramp and established names like Bill.com have made their name offering automated expense-management systems. Now, one new fintech competitor, Glean, is looking to take that further by offering both automated payment services and tailored line-item accounts-payable insights driven by machine-learning models. Glean's CFO and founder, Howard Katzenberg, told Insider that the genesis of Glean was driven by his own personal experience managing the finance teams of startups, including mortgage lender Better.com, which Katzenberg left in 2019, and online small-business lender OnDeck. "As a CFO of high-growth companies, I spent a lot of time focused on revenue and I had amazing dashboards in real time where I could see what is going on top of the funnel, what's going on with conversion rates, what's going on in terms of pricing and attrition," Katzenberg told Insider. See the 15-slide pitch deck Glean, a startup using machine learning to find savings in vendor invoices, used to raise $10.8 million in seed fundingReal-estate management made easyAgora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPOAgoraFor alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundAccess to commercial real-estate investing LEX Markets cofounders and co-CEOs Drew Sterrett and Jesse Daugherty.LEX MarketsDrew Sterrett was structuring real-estate deals while working in private equity when he realized the inefficiencies that existed in the market. Only high-net worth individuals or accredited investors could participate in commercial real-estate deals. If they ever wanted to leave a partnership or sell their stake in a property, it was difficult to find another investor to replace them. Owners also struggled to sell minority stakes in their properties and didn't have many good options to recapitalize an asset if necessary.In short, the market had a high barrier to entry despite the fact it didn't always have enough participants to get deals done quickly. "Most investors don't have access to high-quality commercial real-estate investments. How do we have the oldest and largest asset class in the world and one of the largest wealth creators with no public and liquid market?" Sterrett told Insider. "It sort of seems like a no-brainer, and that this should have existed 50 or 60 years ago."This 15-page pitch deck helped LEX Markets, a startup making investing in commercial real estate more accessible, raise $15 millionInsurance goes digitalJamie Hale, CEO and cofounder of LadderLadderFintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionData science for commercial insuranceTanner Hackett, founder and CEO of CounterpartCounterpartThere's been no shortage of funds flowing into insurance-technology companies over the past few years. Private-market funding to insurtechs soared to $15.4 billion in 2021, a 90% increase compared to 2020. Some of the most well-known consumer insurtech names — from Oscar (which focuses on health insurance) to Metromile (which focuses on auto) — launched on the public markets last year, only to fall over time or be acquired as investors questioned the sustainability of their business models. In the commercial arena, however, the head of one insurtech company thinks there is still room to grow — especially for those catering to small businesses operating in an entirely new, pandemic-defined environment. "The bigger opportunity is in commercial lines," Tanner Hackett, the CEO of management liability insurer Counterpart, told Insider."Everywhere I poke, I'm like, 'Oh my goodness, we're still in 1.0, and all the other businesses I've built were on version three.' Insurance is still in 1.0, still managing from spreadsheets and PDFs," added Hackett, who also previously co-founded Button, which focuses on mobile marketing. See the 8-page pitch deck Counterpart, a startup disrupting commercial insurance with data science, used to raise a $30 million Series BSmarter insurance for multifamily propertiesItai Ben-Zaken, cofounder and CEO of Honeycomb.HoneycombA veteran of the online-insurance world is looking to revolutionize the way the industry prices risk for commercial properties with the help of artificial intelligence.Insurance companies typically send inspectors to properties before issuing policies to better understand how the building is maintained and identify potential risks or issues with it. It's a process that can be time-consuming, expensive, and inefficient, making it hard to justify for smaller commercial properties, like apartment and condo buildings.Insurtech Honeycomb is looking to fix that by using AI to analyze a combination of third-party data and photos submitted by customers through the startup's app to quickly identify any potential risks at a property and more accurately price policies."That whole physical inspection thing had really good things in it, but it wasn't really something that is scalable and, it's also expensive," Itai Ben-Zaken, Honeycomb's cofounder and CEO, told Insider. "The best way to see a property right now is Google street view. Google street view is usually two years old."Here's the 10-page Series A pitch deck used by Honeycomb, a startup that wants to revolutionize the $26 billion market for multifamily property insuranceHelping freelancers with their taxesJaideep Singh is the CEO and co-founder of FlyFin, an AI-driven tax preparation software program for freelancers.FlyFinSome people, particularly those with families or freelancing businesses, spend days searching for receipts for tax season, making tax preparation a time consuming and, at times, taxing experience. That's why in 2020 Jaideep Singh founded FlyFin, an artificial-intelligence tax preparation program for freelancers that helps people, as he puts it, "fly through their finances." FlyFin is set up to connect to a person's bank accounts, allowing the AI program to help users monitor for certain expenses that can be claimed on their taxes like business expenditures, the interest on mortgages, property taxes, or whatever else that might apply. "For most individuals, people have expenses distributed over multiple financial institutions. So we built an AI platform that is able to look at expenses, understand the individual, understand your profession, understand the freelance population at large, and start the categorization," Singh told Insider.Check out the 7-page pitch deck a startup helping freelancers manage their taxes used to nab $8 million in fundingDigital banking for freelancersJGalione/Getty ImagesLance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysSoftware for managing freelancersWorksome cofounder and CEO Morten Petersen.WorksomeThe way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon.HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalPay-as-you-go compliance for banks, fintechs, and crypto startupsNeepa Patel, Themis' founder and CEOThemisWhen Themis founder and CEO Neepa Patel set out to build a new compliance tool for banks, fintech startups, and crypto companies, she tapped into her own experience managing risk at some of the nation's biggest financial firms. Having worked as a bank regulator at the Office of the Comptroller of the Currency and in compliance at Morgan Stanley, Deutsche Bank, and the enterprise blockchain company R3, Patel was well-placed to assess the shortcomings in financial compliance software. But Patel, who left the corporate world to begin work on Themis in 2020, drew on more than just her own experience and frustrations to build the startup."It's not just me building a tool based on my personal pain points. I reached out to regulators. I reached out to bank compliance officers and members in the fintech community just to make sure that we're building it exactly how they do their work," Patel told Insider. "That was the biggest problem: No one built a tool that was reflective of how people do their work."Check out the 9-page pitch deck Themis, which offers pay-as-you-go compliance for banks, fintechs, and crypto startups, used to raise $9 million in seed fundingConnecting startups and investorsHum Capital cofounder and CEO Blair SilverbergHum CapitalBlair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Helping LatAm startups get up to speedKamino cofounders Gut Fragoso, Rodrigo Perenha, Benjamin Gleason, and Gonzalo ParejoKaminoThere's more venture capital flowing into Latin America than ever before, but getting the funds in founders' hands is not exactly a simple process.In 2021, investors funneled $15.3 billion into Latin American companies, more than tripling the previous record of $4.9 billion in 2019. Fintech and e-commerce sectors drove funding, accounting for 39% and 25% of total funding, respectively.  However, for many startup founders in the region who have successfully sold their ideas and gotten investors on board, there's a patchwork of corporate structuring that's needed to access the funds, according to Benjamin Gleason, who was the chief financial officer at Groupon LatAm prior to cofounding Brazil-based fintech Kamino.It's a process Gleason and his three fellow Kamino cofounders have been through before as entrepreneurs and startup execs themselves. Most often, startups have to set up offshore financial accounts outside of Brazil, which "entails creating a Cayman [Islands] holding company, a Delaware LLC, and then connecting it to a local entity here and also opening US bank accounts for the Cayman entity, which is not trivial from a KYC perspective," said Gleason, who founded open-banking fintech Guiabolso in Sao Paulo. His partner, Gonzalo Parejo, experienced the same toils when he founded insurtech Bidu."Pretty much any international investor will usually ask for that," Gleason said, adding that investors typically cite liability issues."It's just a massive amount of bureaucracy, complexity, a lot of time from the founders. All of this just to get the money from the investor that wants to give them the money," he added.Here's the 8-page pitch deck Kamino, a fintech helping LatAm startups with everything from financing to corporate credit cards, used to raise a $6.1M pre-seed roundThe back-end tech for beautyDanielle Cohen-Shohet, CEO and founder of GlossGeniusGlossGeniusDanielle Cohen-Shohet might have started as a Goldman Sachs investment analyst, but at her core she was always a coder.After about three years at Goldman Sachs, Cohen-Shohet left the world of traditional finance to code her way into starting her own company in 2016. "There was a period of time where I did nothing, but eat, sleep, and code for a few weeks," Cohen-Shohet told Insider. Her technical edge and knowledge of the point-of-sale payment space led her to launch a software company focused on providing behind-the-scenes tech for beauty and wellness small businesses.Cohen-Shohet launched GlossGenius in 2017 to provide payments tech for hair stylists, nail technicians, blow-out bars, and other small businesses in the space.Here's the 11-page deck GlossGenius, a startup that provides back-end tech for the beauty industry, used to raise $16 millionRead the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 30th, 2022

Five Benefits Leaders Will See With A New Mindset About Employee Accountability 

With consumers besieged by high inflation, soaring gas prices and rising interest rates, more businesses may start feeling the brunt of these economic pressures, which makes getting the best results they want out of their employees as important as ever. But how can leaders hold their teams accountable in ways that drive performance without driving […] With consumers besieged by high inflation, soaring gas prices and rising interest rates, more businesses may start feeling the brunt of these economic pressures, which makes getting the best results they want out of their employees as important as ever. But how can leaders hold their teams accountable in ways that drive performance without driving people away? After all, during the Great Resignation, droves of people left their jobs because they were unhappy with leadership and the work culture. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more How leaders think about accountability is how leaders tend to do accountability. Accountability often is perceived as a negative word, but shifting the focus from “results first” to “relationships first” can benefit businesses and workers in the long run, says Jennifer T. Long, a Certified Master Coach and ForbesBooks author of Own Up!: How To Hold People Accountable Without All The Drama. “The cultural mindset around accountability is frequently associated with consequences and retribution and punishment,” Long says. “While results are what keeps a business viable and profitable, that approach doesn’t reflect how people are wired to be most productive, most innovative, and most willing to give discretionary effort. “An accountability mindset change on the part of leaders is needed. An accountability conversation focusing primarily on business results removes the personal connection and fails to leverage the power of human effort. Taking a relationship-first perspective is far more effective than a results-first approach. The problem is convincing some managers and leaders that this is the case. And to drive accountability by putting relationships first means leaders must first take ownership of their own expectations and experiences and approach every conversation with curiosity, not judgment.” The Benefits Of A Relationships-First Accountability Mindset Long says some benefits of adopting a relationships-first accountability mindset include: Learning and growth. Rather than trying to fix people by focusing on their deficits, skills gaps and weaknesses, leaders focus instead on learning and growth. “We are already in an era of strengths-based development,” Long says. “Accountability is opportunity. Think of having accountability conversations as an easy, everyday launching point for ongoing change and development. A relationship-first approach to performance, with its emphasis on ownership and trust, yields employees who are much more willing to change and challenge themselves.” Critical thinking and co-created problem solving. Another shift in mindset comes from valuing discovery around the performance problems your employees or peers may have, as well as the discovery in how to solve problems together. “The ability to ask questions that probe areas of concern as well as reveal how others think and make decisions is the heart of knowing and trusting others,” Long says. Being reflective and clear. “When you approach accountability from a place of clarity, you stop making assumptions,” Long says. “You reflect on your real expectations, and you inquire about what’s actually driving your employees’ behaviors.” Too many managers, she says, in trying to solve problems quickly make assumptions about why things are happening and about the intentions and abilities of others. Ownership and solution-building. Shame and blame, Long says, come from a place of fear, and some work cultures tolerate these behaviors “as if they were the only solutions to performance problems.” And when people don’t trust company leadership or other divisions of the company, they operate from what she calls a place of self-protection. “By contrast,” Long says, “empowerment and engagement come when you can easily address your own choices as well as an employee’s or teammate’s choices without fear, anxiety or drama.” Continuous and daily practice. “Accountability is a way of being, not a tool to leverage only in times of crisis,” Long says. “When we are accountable for all our choices, behaviors and results, we become empowered human beings who are learning, changing and growing together. “Continuous and daily practice of accountability makes the moments of failure far fewer and less damaging, and transforms those moments into opportunities for growth and change.” Long says if you’re going to do accountability well, leaders must be able to do it well when the chips are down. “If leaders don’t shift their mindset, they’re likely to default to old behavioral tendencies when operating at speed and under pressure,” she says. “The trick is to replace those outdated and oft-negative tendencies with productive ones that bring out the best in everyone.” About Jennifer T. Long Jennifer T. Long is a Certified Master Coach and the ForbesBooks author of Own Up!: How To Hold People Accountable Without All The Drama. Also a Master Trainer, Long is the CEO of Management Possible, a leadership development company providing coaching for leaders and managers across various disciplines. She hosts the Organizational Transformation Kung Fu podcast with Sandi Verrecchia at www.otkungfu.com. Along with her nearly four decades working with leaders, Long spent 10 years as a theater director, an experience that helped inform her methodology – elevating the idea that conversation and relationships are the prime movers of impact and culture. Updated on Jun 30, 2022, 11:43 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 30th, 2022

The Best Marketing Strategies For eCommerce Businesses

Every day, new internet users buy products online. From America to Europe to Asia, eCommerce is here to stay. Therefore, it’s no surprise that global eCommerce sales are expected to hit $5.5 trillion in 2022, according to Statista. But while you have more potential customers, more competitors are also trying to take their share of […] Every day, new internet users buy products online. From America to Europe to Asia, eCommerce is here to stay. Therefore, it’s no surprise that global eCommerce sales are expected to hit $5.5 trillion in 2022, according to Statista. But while you have more potential customers, more competitors are also trying to take their share of the eCommerce pie. So, don’t expect internet users to land on your website and launch a buying spree without your effort. That’s why marketing is vital to any successful eCommerce business’s operations. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more Now, there’s no single strategy that works for every eCommerce business. So how do you know the best for your business? This guide will show you the most effective marketing strategies and how to identify the best for your needs. How Do You Know What Strategy Is Best For Your eCommerce Business? As I mentioned earlier, every eCommerce business’s marketing strategy is unique according to various factors. Nevertheless, here are three critical considerations to help you discover the best marketing strategy for your eCommerce business. Your ideal buyer While billions of users are online, only a few profiles of people qualify as your ideal customer. Therefore, defining your ideal buyers will determine most of your marketing and even business decisions. You can define your ideal buyer by creating a buyer persona, which will include details such as: Name Gender Age Income Favorite marketing channels Location Pain points Ambitions Hobbies These pieces of information will determine elements of your marketing campaigns, such as marketing channels, brand voice, targeting criteria, and more. Here’s an eCommerce buyer persona example from Drip: Your marketing goals Although your overall goal is to acquire more customers and revenue, there are many stages of that journey. Your marketing campaigns at various buyer journey stages will have different goals. Common marketing goals for eCommerce businesses include: Brand awareness Lead acquisition Customer acquisition Customer retention Once you have a goal for your marketing campaign, it will inform your marketing messages, channels, and tasks. You must also define the metrics to measure your goal during the goal-setting process. Without setting a goal for your marketing campaigns, you can easily fall into a scattergun approach. As a result, there’ll be no way to measure the success or failure of your campaigns. Your marketing budget First, your overall budget will determine the channels you’ll focus on. With a big budget, you can have more space to experiment. However, a small budget will restrict you to only a tried-and-tested strategy. Whatever your budget, it’s vital to optimize it to obtain the best result possible. Considering these factors, you can create a unique eCommerce marketing strategy to meet your business needs. The Best eCommerce Marketing Strategies Below, we’ll consider six proven strategies to help you reach more customers. Of course, you can combine some of these strategies to achieve your marketing goals. Let’s go into the details. Ecommerce SEO Before a customer is ready to buy your product, they’ve done a lot of research. So to give your business the best chance of converting prospects, you must connect with them during the research stage. ECommerce SEO is the process of optimizing your web pages to rank high for essential business keywords. Here are tasks to execute to improve your eCommerce SEO: Content Marketing: no page can rank on search engines without some content on it. Hence, valuable content is one of the most vital criteria for ranking high for a keyword. Today, SEO has gone beyond just stuffing a page with keywords. Search engines consider search intent and ensure your content provides the information a searcher is looking for. Therefore, creating pieces of content that solve your visitors’ problems is vital. Technical SEO: includes tasks you execute in your website’s backend to ensure search engines can quickly discover your website. For example, you can submit your sitemap to index your pages and make them crawlable. Another aim of technical SEO is to improve the website experience for visitors. For instance, you can increase the speed of your website for a boost in rankings and usability. Another similar focus is making your website mobile-friendly to complement both of the points mentioned above. On-Page SEO: these are SEO tasks you do on your web page. They include tasks such as adding your target keyword to the page URL, title, subheadings, and other aspects of your page. Header tags are essential, they help break down content to help search engines better understand your content. Off-Page SEO: while you can improve SEO for your eCommerce website through many actions on your website, you can also take steps outside your website. One of the most prominent off-page SEO tactics is link building. When other websites relevant to your niche link to your page, they help build the authority of that page. Another critical factor is that the website linking to you already has a lot of high-quality backlinks to your pages will boost your chances of higher ranks. By engaging in eCommerce SEO campaigns, you can acquire more leads and customers through search engines. Pay Per Click Advertising Improving organic search and social media performance can take a lot of time that you don’t have. However, with pay-per-click (PPC) advertising, you can reach your audience now. For PPC advertising on Google, you must take the necessary steps to improve your chances of success. They include: Conduct keyword research: what keywords are your potential buyers putting in the search box? You can find the best keywords to reach your prospects through keyword research on Google Keyword planner and other research tools. Adjust bidding according to your goals: Are your ads showing up for your preferred keywords? Is the competition too high? Is a click worth much higher than you’re currently bidding? You can also achieve better success with your bidding if you increase your ad quality score through high-relevant ads and better click-through rates. Build relevant landing pages: your ad copy must align with your landing page copy to improve your chances of conversions. Some landing page builders allow you to take it further through dynamic text replacement. This will feature searchers’ keywords on your landing page. Use Google shopping ads: These ads are usually created for transactional keywords. These ads will display your products and their prices on the search results page. You can also add shipping information and ratings. Use retargeting ads: if someone has visited some pages on your website, you can send them ads related to those pages. For instance, you can target a shopper who has visited a product page with ads for that product. This will make them more receptive to your ads. After executing these tactics, you can improve performance through A/B testing. Frankly, there’s no single ad that works for every business. So, you have to test various ad campaign elements to improve performance. Email Marketing According to statistics from Litmus, email marketing can deliver an ROI of $45 for every dollar spent by eCommerce businesses. So, unsurprisingly, this is one of the best marketing channels to improve performance. That is because email marketing for eCommerce has many advantages compared to other marketing channels. First, your marketing messages will land in your subscribers’ inboxes. This is more exposure than other channels. Second, sending different messages according to the subscriber’s interests is easy. In other words, personalization can make a lot of difference in your marketing campaigns. Naturally, the best email marketing software you can use today will allow you to personalize your emails based on many criteria such as: Name Birthdays Gender Location Purchase history Emails opened Website pages visited As a result of sending relevant emails to subscribers, you’ll increase your open and click-through rates. And since you’re directing them to a relevant web page, there’s a higher chance of converting such visitors. Beyond personalization, email marketing automation is another effective strategy. Email marketing automation involves sending a series of messages to your subscribers based on a schedule or when some conditions are met. Some examples of automated email sequences are: Welcome emails Lead nurturing emails Promotional emails Abandoned cart emails Up-sell and cross-sell emails Onboarding emails Re-engagement emails To create these emails, you’ll find the necessary tools in your email marketing software. Better still, some software packages will provide automation templates you can use to create your campaigns. Here’s an example  of a sequence built with While creating your sequences, you can add triggers or conditions to add or remove subscribers from your email automation. For your eCommerce business, email marketing is a must rather than an afterthought. Social Media While social media is a platform to connect with friends, users also follow businesses and check out information and product offers. Here, eCommerce brands can provide value to their audience through content that can solve their problems. Of course, your business needs to focus on social media platforms where you can reach your ideal customers. Some ways eCommerce businesses can use social media include: Posting product tips Displaying product use cases Providing industry information Making product announcements Featuring user-generated content (UGC) Featuring influencer content Selling products Customer care In many industries, you’ll find experts and celebrities who have gained a big following due to years of excellent performance in their industries. As a result, these influencers have audiences who trust their product recommendations. Naturally, eCommerce businesses have taken advantage of this phenomenon to promote their products. However, while launching an influencer marketing campaign, you need to find the right influencers. The right social media management tool can help you find the right influencers. Then, it can help you track the effectiveness of your influencer campaigns. Fortunately, you’ll find many examples of brands using influencer marketing on Instagram. Over the years, social selling has become a popular strategy for eCommerce businesses. For instance, Statista found that about half of American social media users aged 14 to 34 made purchases through this channel in 2021. In fact, some social media platforms now allow you to sell your products on their platforms. For example, Instagram allows you to add shopping tags to products on your Instagram posts. A user can click on this tag to buy this product or shop more products without leaving the Instagram app. This allows you to eliminate the barrier of taking users out of Instagram. Pinterest also allows influencers and brands to create shoppable pins. This will let users shop products on Pinterest or click a link to visit the eCommerce website. On social media, there are many opportunities to promote and sell your products. Affiliate marketing Since you can’t reach all your prospects through your efforts alone, you can partner with publishers who will promote your products on blog posts, emails, social media, and videos. In return, publishers will take a share of the sales they refer. This will help you increase your reach faster. After all, according to Backlinko, “40% of U.S. merchants cited affiliate programs as their top customer acquisition channel”. First, you have to find a suitable affiliate marketing platform. This will help you organize details such as your affiliates, commissions, and other pieces of information. Moreover, your publishers can see the number of clicks, affiliates, paid affiliates, commissions, and more. Some affiliate marketing platforms such as PartnerStack, Everflow, and Impact.com provide tools to run your affiliate marketing campaigns. On the other hand, you can use affiliate marketplaces such as ShareASale and Commission Junction. Beyond this, you need to create an affiliate marketing page on your website. On this page, you’ll explain your affiliate terms to publishers. Publishers should also have a link to register. After a publisher has registered as an affiliate, you should send emails to them providing tips on how they can promote your products more effectively. Optimizing Website UI/UX Your website is the first impression a shopper will have about your business. If your website design is poor, shoppers will see your business as sloppy. And sloppy businesses don’t make great products, right? So, a shopper can leave before they get to see your wonderful products if your website UI/UX is poor. However, there are a few steps to ensure this never happens. First, you need a simple site structure. This means shoppers should be able to get to any page in no more than 4 clicks. More so, you can install a search bar to help visitors find products easily. You can also use a chatbot and live chat to answer any vital questions prospects may have during shopping. Another way to optimize your eCommerce website UI/UX is to make your website scannable and use obvious CTAs. Today, a large percentage of your buyers will be on mobile devices. Having a mobile responsive website ensures all the essential elements on your page will be visible to mobile users. Adding the geolocation feature helps provide shipping information and addresses of your nearest physical stores. Implementing these tactics will help provide a seamless experience to shoppers during the buyer’s journey. Conclusion As more people shop online, your eCommerce business should prepare for more challenging competition. Effective marketing is one of the best ways to give your business the right exposure. Even if you have an excellent product, nobody will buy it if they’ve never heard of it. But with the right marketing strategies, you’ll attract more shoppers to your online store and sell more products to them. Employ the strategies explained in this guide to boost your marketing results. Article by Diana Ford, Due About the Author Diana Ford utilizes over seven years of experience in marketing. She covers some industry-specific topics such as money management and business finance. Updated on Jun 29, 2022, 3:40 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 29th, 2022

The 30 bestselling audiobooks on Audible in 2022, from celebrity memoirs to the most gripping thrillers

These are the most popular audiobooks on Audible that make for great road trip or beach day entertainment. When you buy through our links, Insider may earn an affiliate commission. Learn more.These are the most popular audiobooks on Audible that make for great road trip or beach day entertainment.Crystal Cox/Insider Audible has thousands of books and podcasts. You can start a free 30-day Audible trial here. Below, we compiled its 30 bestselling audiobooks among Audible users right now. Books run the gamut from popular novels to self-help hits. If you're spending more time outside these days and have already cycled through your weekly podcasts, we'd recommend the slow burn of a great (and highly mobile) audiobook. If you're looking for a new title, we suggest starting with the books currently gaining buzz. Below are the top 30 bestselling audiobooks on Audible right now. The site has hundreds of thousands of titles to choose between, as well as a catalog of podcasts. If you're new to Audible or audiobook services in general, be sure to check out the FAQ section at the bottom of this article to get started. You can access Audible for free as part of a 30-day trial.The 30 bestselling audiobooks on Audible right now:Descriptions are provided by Amazon (lightly edited and condensed)."Where the Crawdads Sing" by Delia OwensAmazonFree on Audible with 30-day trialAvailable on Amazon for $12.39For years, rumors of the "Marsh Girl" have haunted Barkley Cove, a quiet town on the North Carolina coast. So in late 1969, when handsome Chase Andrews is found dead, the locals immediately suspect Kya Clark, the so-called Marsh Girl. But Kya is not what they say.Sensitive and intelligent, she has survived for years alone in the marsh that she calls home, finding friends in the gulls and lessons in the sand. Then the time comes when she yearns to be touched and loved. When two young men from town become intrigued by her wild beauty, Kya opens herself to a new life — until the unthinkable happens."Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones" by James ClearAmazonFree on Audible with 30-day trialAvailable on Amazon for $11.98No matter your goals, "Atomic Habits" offers a proven framework for improving every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results.“The Summer I Turned Pretty” by Jenny HanAmazonFree on Audible with 30-day trialAvailable on Amazon for $9.25Some summers are just destined to be pretty.Belly measures her life in summers. Everything good, everything magical happens between June and August. Winters are simply a time to count the weeks until the following summer, a place away from the beach house, away from Susannah, and most importantly, away from Jeremiah and Conrad. They are the boys Belly has known since her very first summer — they have been her brother figures, her crushes, and everything in between. But one summer, one wonderful and terrible summer, the more everything changes, the more it all ends up just the way it should have been all along.“Dreadgod: Cradle, Book 11” by Will WightAmazonPre-order: Free with 30-day trialThe battle in the heavens has left a target on Lindon's back.His most reliable ally is gone, the Monarchs see him as a threat, and he has inherited one of the most valuable facilities in the world. At any moment, his enemies could band together to kill him.If it weren't for the Dreadgods. All four are empowered and unleashed, rampaging through Cradle, and grudges old and new must be set aside. The Monarchs need every capable fighter to help them defend their territory.And Lindon needs time. While he fights, he sends his friends off to train. They'll need to advance impossibly fast if they want to join him in battle against the kings and queens of Cradle. Together, they will need enough power to rival a Dreadgod.“Scars and Stripes: An Unapologetically American Story of Fighting the Taliban, UFC Warriors, and Myself” by Tim Kennedy, Nick PalmiscianoAmazonFree on Audible with 30-day trialAvailable on Amazon for $18.37From decorated Green Beret sniper and UFC headliner Tim Kennedy comes a rollicking, inspirational memoir. It offers lessons on embracing failure and weathering storms — to unlock the strongest version of yourself.“It’s Not Summer Without You: Summer I Turned Pretty, Book 2” by Jenny HanAmazonFree on Audible with 30-day trialAvailable on Amazon for $9.36It used to be that Belly counted the days until summer until she was back at Cousins Beach with Conrad and Jeremiah. But not this year. Not after Susannah got sick again, and Conrad stopped caring. Everything right and good has fallen apart, leaving Belly wishing summer would never come. But when Jeremiah calls, saying Conrad has disappeared, Belly knows what she must do to make things right again. And it can only happen back at the beach house, the three of them together, the way things used to be. If this summer really and truly is the last summer, it should end the way it started — at Cousins Beach.“The Hotel Nantucket” by Elin HilderbrandAmazonFree on Audible with 30-day trialAvailable on Amazon for $17.99Fresh off a bad breakup with a longtime boyfriend, Nantucket sweetheart Lizbet Keaton is desperately seeking a second act. When she's named the new general manager of the Hotel Nantucket, a once Gilded Age gem turned abandoned eyesore, she hopes that her local expertise and charismatic staff can win the favor of their new London billionaire owner, Xavier Darling, as well as that of Shelly Carpenter, the wildly popular Instagram tastemaker who can help put them back on the map. And while the Hotel Nantucket appears to be a blissful paradise, complete with a celebrity chef-run restaurant and an idyllic wellness center, there's a lot of drama behind closed doors. The staff (and guests) have complicated pasts, and the hotel can't seem to overcome the bad reputation it earned in 1922 when a tragic fire killed 19-year-old chambermaid Grace Hadley. With Grace gleefully haunting the halls, a staff harboring all kinds of secrets, and Lizbet's romantic uncertainty, is the Hotel Nantucket destined for success or doom?“I'd Like to Play Alone, Please” by Tom SeguraAmazonFree on Audible with 30-day trialAvailable on Amazon for $18.33From Tom Segura, the massively successful stand-up comedian and co-host of chart-topping podcasts "2 Bears 1 Cave" and "Your Mom's House," come hilarious real-life stories of parenting, celebrity encounters, youthful mistakes, misanthropy, and so much more.“Verity” by Colleen HooverAmazonFree on Audible with 30-day trialAvailable on Amazon for $23.99Lowen Ashleigh is a struggling writer on the brink of financial ruin when she accepts the job offer of a lifetime. Jeremy Crawford, the husband of bestselling author Verity Crawford, has hired Lowen to complete the remaining books in a successful series his injured wife is unable to finish.Lowen arrives at the Crawford home, ready to sort through years of Verity's notes and outlines, hoping to find enough material to get her started. What Lowen doesn't expect to uncover in the chaotic office is an unfinished autobiography Verity never intended for anyone to read. Page after page of bone-chilling admissions, including Verity's recollection of the night her family was forever altered.Lowen decides to keep the manuscript hidden from Jeremy, knowing its contents could devastate the already grieving father. But as Lowen's feelings for Jeremy intensify, she recognizes all the ways she could benefit if he were to read his wife's words. After all, no matter how devoted Jeremy is to his injured wife, a truth this horrifying would make it impossible for him to continue loving her.You can find more of Colleen Hoover's best books here.“Sparring Partners” by John GrishamAmazonFree on Audible with 30-day trialAvailable on Amazon for $27.90"Homecoming" takes us back to Ford County, the fictional setting of many of John Grisham's unforgettable stories. Jake Brigance is back, but he's not in the courtroom. He's called upon to help an old friend, Mack Stafford, a former lawyer in Clanton, who three years earlier became a local legend when he stole money from his clients, divorced his wife, filed for bankruptcy, and left his family in the middle of the night, never to be heard from again — until now. In "Strawberry Moon," we meet Cody Wallace, a young death row inmate only three hours away from execution. His lawyers can't save him, the courts slam the door, and the governor says no to a last-minute request for clemency. As the clock winds down, Cody has one final request. The "Sparring Partners" are the Malloy brothers, Kirk and Rusty, two successful young lawyers who inherited a once prosperous firm when its founder, their father, was sent to prison. As the firm disintegrates, the resulting fiasco falls into the lap of Diantha Bradshaw, the only person the partners trust. "Atlas of the Heart: Mapping Meaningful Connection and the Language of Human Experience" by Brené BrownAmazonFree on Audible with 30-day trialAvailable on Amazon for $18.34In "Atlas of the Heart," Brown takes us on a journey through eighty-seven of the emotions and experiences that define what it means to be human. As she maps the necessary skills and an actionable framework for meaningful connection, she gives us the language and tools to access a universe of new choices and second chances — a universe where we can share and steward the stories of our bravest and most heartbreaking moments with one another in a way that builds connection.Over the past two decades, Brown's extensive research into the experiences that make us who we are has shaped the cultural conversation and helped define what it means to be courageous with our lives. Atlas of the Heart draws on this research, as well as on Brown's singular skills as a storyteller, to show us how accurately naming an experience doesn't give the experience more power — it gives us the power of understanding, meaning, and choice.“The Seven Husbands of Evelyn Hugo” by Taylor Jenkins ReidAmazonFree on Audible with 30-day trialAvailable on Amazon for $22.49Aging and reclusive Hollywood movie icon Evelyn Hugo is finally ready to tell the truth about her glamorous and scandalous life. But when she chooses unknown magazine reporter Monique Grant for the job, no one is more astounded than Monique herself. Why her? Why now?Monique is not exactly on top of the world. Her husband has left her, and her professional life is going nowhere. Regardless of why Evelyn has selected her to write her biography, Monique is determined to use this opportunity to jump-start her career.Summoned to Evelyn's luxurious apartment, Monique listens in fascination as the actress tells her story. From making her way to Los Angeles in the 1950s to her decision to leave show business in the '80s, and, of course, the seven husbands along the way, Evelyn unspools a tale of ruthless ambition, unexpected friendship, and a great forbidden love. Monique begins to feel a very real connection to the legendary star, but as Evelyn's story nears its conclusion, it becomes clear that her life intersects with Monique's own in tragic and irreversible ways.You can read a review of "The Seven Husbands of Evelyn Hugo" here.“Greenlights” by Matthew McConaugheyAmazonFree on Audible with 30-day trialAvailable on Amazon for $15.98From the Academy Award-winning actor, an unconventional memoir filled with raucous stories, outlaw wisdom, and lessons learned the hard way about living with greater satisfaction.“Finding Me: A Memoir” by Viola DavisAmazonFree on Audible with 30-day trialAvailable on Amazon for $18.53In my book, you will meet a little girl named Viola who ran from her past until she made a life-changing decision to stop running forever.This is my story, from a crumbling apartment in Central Falls, Rhode Island, to the stage in New York City, and beyond. This is the path I took to finding my purpose, but also my voice in a world that didn't always see me.“The End of the World Is Just the Beginning: Mapping the Collapse of Globalization” by Peter ZeihanAmazonFree on Audible with 30-day trialAvailable on Amazon for $31.50For generations, everything has been getting faster, better, and cheaper. Finally, we reached the point that almost anything you could ever want could be sent to your home within days — even hours — of when you decided you wanted it.America made that happen, but now America has lost interest in keeping it going.Globe-spanning supply chains are only possible with the protection of the U.S. Navy. The American dollar underpins internationalized energy and financial markets. Complex, innovative industries were created to satisfy American consumers. American security policy forced warring nations to lay down their arms. Billions of people have been fed and educated as the American-led trade system spread across the globe.All of this was artificial. All this was temporary. All this is ending.In "The End of the World Is Just the Beginning," author and geopolitical strategist Peter Zeihan maps out the next world: a world where countries or regions will have no choice but to make their own goods, grow their own food, secure their own energy, fight their own battles, and do it all with populations that are both shrinking and aging.The list of countries that make it all work is smaller than you think. This means everything about our interconnected world — from how we manufacture products, to how we grow food, to how we keep the lights on, to how we shuttle stuff about, to how we pay for it all — is about to change.“Finna: Book 1” by Nino CipriAmazonFree on Audible with 30-day trialAvailable on Amazon for $14.99When an elderly customer at a Swedish big-box furniture store ― but not that one ― slips through a portal to another dimension, it's up to two minimum-wage employees to track her across the multiverse and protect their company's bottom line. Multi-dimensional swashbuckling would be hard enough, but those two unfortunate souls broke up a week ago.To find the missing granny, Ava and Jules will brave carnivorous furniture, swarms of identical furniture spokespeople, and the deep resentment simmering between them. Can friendship blossom from the ashes of their relationship? In infinite dimensions, all things are possible.“The Golden Couple” by Greer Hendricks, Sarah PekkanenAmazonFree on Audible with 30-day trialAvailable on Amazon for $17.68Wealthy Washington suburbanites Marissa and Matthew Bishop seem to have it all ― until Marissa is unfaithful. Beneath their veneer of perfection is a relationship driven by work and a lack of intimacy. She wants to repair things for the sake of their eight-year-old son and because she loves her husband. Enter Avery Chambers.Avery is a therapist who lost her professional license. Still, it doesn't stop her from counseling those in crisis, though they must adhere to her unorthodox methods. And the Bishops are desperate.When they glide through Avery's door, and Marissa reveals her infidelity, all three are set on a collision course. Because the biggest secrets in the room are still hidden, and it's no longer simply a marriage that's in danger.“It Ends with Us” by Colleen HooverAmazonFree on Audible with 30-day trialAvailable on Amazon for $10.26Lily hasn't always had it easy, but that's never stopped her from working hard for the life she wants. She's come a long way from the small town where she grew up — she graduated from college, moved to Boston, and started her own business. And when she feels a spark with a gorgeous neurosurgeon named Ryle Kincaid, everything in Lily's life seems too good to be true.Ryle is assertive, stubborn, and maybe even a little arrogant. He's also sensitive, brilliant, and has a soft spot for Lily. And the way he looks in scrubs certainly doesn't hurt. Lily can't get him out of her head. But Ryle's complete aversion to relationships is disturbing. Even as Lily finds herself becoming the exception to his "no dating" rule, she can't help but wonder what made him that way in the first place.As questions about her new relationship overwhelm her, so do thoughts of Atlas Corrigan — her first love and a link to the past she left behind. He was her kindred spirit, her protector. When Atlas suddenly reappears, everything Lily has built with Ryle is threatened.You can find more of Colleen Hoover's best books here."Can't Hurt Me: Master Your Mind and Defy the Odds" by David GogginsAmazonFree on Audible with 30-day trialAvailable on Amazon for $20.10For David Goggins, childhood was a nightmare — poverty, prejudice, and physical abuse colored his days and haunted his nights. The only man in history to complete elite training as a Navy SEAL, Army Ranger, and Air Force Tactical Air Controller, he went on to set records in numerous endurance events, inspiring Outside magazine to name him The Fittest (Real) Man in America.In "Can't Hurt Me," he shares his astonishing life story and reveals that most of us tap into only 40% of our capabilities. Goggins calls this The 40% Rule, and his story illuminates a path that anyone can follow to push past pain, demolish fear, and reach their full potential.“We’ll Always Have Summer: Summer I Turned Pretty, Book 3” by Jenny HanAmazonFree on Audible with 30-day trialAvailable on Amazon for $9.31Belly has only ever been in love with two boys, both with the last name Fisher. And after being with Jeremiah for the previous two years, she's almost positive he is her soul mate. Almost. While Conrad has not gotten over the mistake of letting Belly go, Jeremiah has always known that Belly is the girl for him. So when Belly and Jeremiah decide to make things forever, Conrad realizes that it's now or never — tell Belly he loves her or loses her for good.Belly will have to confront her feelings for Jeremiah and Conrad and face the inevitable: She will have to break one of their hearts.“Happy-Go-Lucky” by David SedarisAmazonFree on Audible with 30-day trialAvailable on Amazon for $17.79Back when restaurant menus were still printed on paper, and wearing a mask — or not — was a decision made mostly on Halloween, David Sedaris spent his time doing normal things. As "Happy-Go-Lucky" opens, he is learning to shoot guns with his sister, visiting muddy flea markets in Serbia, buying gummy worms to feed to ants, and telling his nonagenarian father wheelchair jokes.But then the pandemic hits, and like so many others, he's stuck in lockdown, unable to tour and read for audiences — the part of his work he loves most. To cope, he walks for miles through a nearly deserted city. He vacuums his apartment twice a day, fails to hoard anything, and contemplates how sex workers and acupuncturists might be getting by during quarantine.As the world gradually settles into a new reality, Sedaris too finds himself changed. His offer to fix a stranger's teeth rebuffed, he straightens his own, and ventures into the world with new confidence. Newly orphaned, he considers what it means, in his seventh decade, no longer to be someone's son. And back on the road, he discovers a battle-scarred America: people weary, storefronts empty or festooned with "Help Wanted" signs, walls painted with graffiti reflecting the contradictory messages of our time: Eat the Rich. Trump 2024. Black Lives Matter.“Harry Potter and the Sorcerer's Stone, Book 1” by J.K. RowlingAmazonFree on Audible with 30-day trialAvailable on Amazon for $6.98Harry Potter has never even heard of Hogwarts when the letters start dropping on the doormat at number four, Privet Drive. Addressed in green ink on yellowish parchment with a purple seal, they are swiftly confiscated by his grisly aunt and uncle. Then, on Harry's eleventh birthday, a great beetle-eyed giant of a man called Rubeus Hagrid bursts in with some astonishing news: Harry Potter is a wizard, and he has a place at Hogwarts School of Witchcraft and Wizardry.“Match Game: Expeditionary Force, Book 14” by Craig AlansonAmazonFree on Audible with 30-day trialAvailable on Amazon for $14.44For years, the ancient alien AI known as Skippy (the Magnificent, don't forget that part) has been able to do one impossible thing after another. What is his secret? It's simple: 100 percent Grade-A Extreme Awesomeness. And also because he had never been faced with an opponent of equal power. Until now.This time, he might need a little help from a band of filthy monkeys.“The Terminal List” by Jack CarrAmazonFree on Audible with 30-day trialAvailable on Amazon for $11.99On his last combat deployment, Lieutenant Commander James Reece's entire team was killed in a catastrophic ambush. But when those dearest to him are murdered on the day of his homecoming, Reece discovers that this was not an act of war by a foreign enemy but a conspiracy that runs to the highest levels of government.Now, with no family and free from the military's command structure, Reece applies the lessons that he's learned in over a decade of constant warfare toward avenging the deaths of his family and teammates. With breathless pacing and relentless suspense, Reece ruthlessly targets his enemies in the upper echelons of power without regard for the laws of combat or the rule of law."Project Hail Mary" by Andy WeirAmazonFree on Audible with 30-day trialAvailable on Amazon for $17.32Ryland Grace is the sole survivor on a desperate, last-chance mission — and if he fails, humanity and the earth itself will perish.Except that right now, he doesn't know that. He can't even remember his own name, let alone the nature of his assignment or how to complete it.All he knows is that he's been asleep for a very, very long time. And he's just been awakened to find himself millions of miles from home, with nothing but two corpses for company.His crewmates dead, his memories fuzzily returning, Ryland realizes that an impossible task now confronts him. Hurtling through space on this tiny ship, it's up to him to puzzle out an impossible scientific mystery — and conquer an extinction-level threat to our species.And with the clock ticking down and the nearest human being light-years away, he's got to do it all alone. Or does he?You can read a review of "Project Hail Mary" here."12 Rules for Life" by Jordan B. PetersonAmazonFree on Audible with 30-day trialAvailable on Amazon for $13.55What are the most valuable things that everyone should know?In this book, Jordan Peterson provides twelve profound and practical principles for how to live a meaningful life, from setting your house in order before criticizing others to comparing yourself to who you were yesterday, not someone else today. Happiness is a pointless goal, he shows us. Instead, we must search for meaning, not for its own sake, but as a defense against the suffering that is intrinsic to our existence.Drawing on vivid examples from the author's clinical practice and personal life, cutting-edge psychology and philosophy, and lessons from humanity's oldest myths and stories, "12 Rules for Life" offers a deeply rewarding antidote to the chaos in our lives: eternal truths applied to our modern problems.“Run, Rose, Run” by James Patterson, Dolly PartonAmazonFree on Audible with 30-day trialAvailable on Amazon for $17.84From America's most beloved superstar and its greatest storyteller — a thriller about a young singer-songwriter on the rise and on the run, determined to do whatever it takes to survive.Nashville is where she's come to claim her destiny. It's also where the darkness she's fled might find her. And destroy her."The Subtle Art of Not Giving a F*ck" by Mark MansonAmazonFree on Audible with 30-day trialAvailable on Amazon for $12.99In this generation-defining self-help guide, a superstar blogger cuts through the crap to show us how to stop trying to be "positive" all the time so that we can truly become better, happier people.“The Paris Apartment” by Lucy FoleyAmazonFree on Audible with 30-day trialAvailable on Amazon for $17.99Jess needs a fresh start. She's broke and alone, and she's just left her job under less than ideal circumstances. Her half-brother Ben didn't sound thrilled when she asked if she could crash with him for a bit, but he didn't say no, and surely everything will look better from Paris. Only when she shows up — to find a very nice apartment, could Ben really have afforded this? — he's not there.The longer Ben stays missing, the more Jess starts to dig into her brother's situation, and the more questions she has. Ben's neighbors are an eclectic bunch and not particularly friendly. Jess may have come to Paris to escape her past, but it's starting to look like it's Ben's future that's in question.The socialite — the nice guy — the alcoholic — the girl on the verge — the concierge.Everyone's a neighbor. Everyone's a suspect. And everyone knows something they're not telling.“Come with Me” by Ronald MalfiAmazonFree on Audible with 30-day trialAvailable on Amazon for $11.49Aaron Decker's life changes one December morning when his wife Allison is killed. Haunted by her absence — and her ghost — Aaron goes through her belongings, where he finds a receipt for a motel room in another part of the country. Piloted by grief and an increasing sense of curiosity, Aaron embarks on a journey to discover what Allison had been doing in the weeks prior to her death.Yet Aaron is unprepared to discover Allison's dark secrets, the death and horror that make up the tapestry of her hidden life. And with each dark secret revealed, Aaron becomes more and more consumed by his obsession to learn the terrifying truth about the woman who had been his wife, even if it puts his own life at risk.Audible FAQHow much is Audible?Audible Plus is $7.95/month and Audible Premium is $14.95 per month. You can compare the Audible plans here.Audible Plus and Audible Premium Plus have a 30-day free trial to most new members that come with one free credit to use on a title of your choice. And since Audible is an Amazon company, Prime members get two credits in their Audible trial as one of their perks.When your trial is over, you'll be automatically charged a monthly subscription fee. You can cancel anytime. What's the difference between Audible Plus and Audible Premium?Both memberships give you unlimited access to select audiobooks, Audible Originals, podcasts, and more.But, only Audible Premium gives you a credit that's good for one title of your choice in the premium selection every month and 30% off all additional premium titles, plus access to exclusive sales. You can toggle between some of the titles in the Premium selection and Plus selection here.Are there other good audiobook services out there?At Insider Reviews, we also like the service Scribd, which is $10/month for unlimited audiobooks and books. The company also has a joint NYT and Scribd membership for $12.99/month which can be a very good deal. You can start a free trial here, or find a full review of the service here. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 29th, 2022