General Discussion

Credit

Donald Tobias
My situation is this, I've been working on getting my credit at a good level for several years. I applied for cards. Got one or two but not getting that score to go up at all. Pay in time for six or eight months and notice the score is one point higher. I have a mishap and my score will drop 50 points. One late payment cost you more than not having credit at all. I'm just trying to figure it out. Help.Read More...
Also, I wanted to share a few more links from The Penny Hoarder around credit scores. Hope these help! 10 Tips if Your New Year’s Resolution Is a Better Credit Score in 2020 These 5 Factors Are What Actually Matters When It Comes to Your Credit What is a Credit Score? Here are the Facts Behind Your NumberRead More...
Hey, @Donald Tobias ! Ah — I'm sympathetic. A number of community members have expressed something similar. What you wrote here reminds me of something Warren Buffet was quoted saying, " It takes 20 years to build a reputation and five minutes to ruin it." I suppose I think of credit scores as a financial reputation. It takes time and consistency to build it back up. Like you wrote, a late payment can really affect your score. Are you enrolled in any programs that can analyze your credit...Read More...
Last Reply By Maryann · First Unread Post

Pre-Black Friday Sales

Shirley
Hi, just wondering what you think of the Pre-Black Friday Sales? I haven't taken the time to really look into the Pre-Black Friday sales. That is why I am asking is it worth it and the time? Do you think you save more during the sales then other times of the year?Read More...
Hi I actually work in retail, and my store does some big deals pre-black Friday. Some of them are worth it and some aren't depending on the item and the store's policies. What I think the real danger is, is that I often see people come in, get caught up in the sales, and accidentally spent too much because the "deals were too good!". Even some of my regulars who are really good budgeters and put things back if they don't have the money, get caught up in the perceived sales and overspend. So...Read More...
Hi - At this point I think that the pre-Black Friday sales are so common everywhere you look that they have pretty much eliminated huge deals unless you’re looking for something very specific that you’ve done research on. It seems that every day is a pre-Black Friday sale and it’s gotten to be a very ho-hum.Read More...
Last Reply By Gabby · First Unread Post
Admiring a fancy dinner with your partner ? Or a Champagne-filled party out with friends? A catered meal at home? Restaurants are all set to serve you on this New Year’s Eve. Most major chains of Restaurants will be open on New Year’s Eve and New Year’s Day with fantastic offers and celebrations. Wave goodbye to 2019 and welcome 2020 with scrumptious meals and tempting drinks. Applebee’s: Most locations will be open from 11 a.m. to midnight. Bahama Breeze: Be a part of the New Year’s Eve...Read More...
Thanks for sharing this helpful little list for people who want to start 2020 off right by saving some money from the get go!Read More...
Last Reply By Moore Income · First Unread Post

What are your favorite Saving hacks?

Madiha Jamal
Saving and budgeting are the most celebrated word among Penny Hoarders. As a saving expert, I have shared many shopping saving tips and amazing ideas to save money in my buying guides. Now, I want to know your favorite shopping hack which you always use and love it. Mine is the cart abandonment and hunting deals and coupons. And yes grabbing freebies is my favorite hobby. What's your's?Read More...
Happy accident when I discovered this. To keep it speedy (appreciated by the people in line behind you) I have everything written down and hand it to the ticket agent. All dates, seat selections, baggage info and since they have all your information in front of them because you just checked into a flight, they can process reservations quickly........most of the time. I also look at the reservations online before heading to the airport, Allegiant publishes their flight schedule and rates at...Read More...
That's interesting.Read More...
Last Reply By mintjulep · First Unread Post

Thinking of getting a Graduate Certificate in AI: Pros and Cons?

I am looking to go back to school for a professional certification in a field I have no experience in. I am debating which school I should attend and weighing the pros/cons of a more pricey school (but the curriculum is good) vs a less expensive school ( i have no clue how the curriculum is). Any thoughts on how I can figure out the best route?Read More...
Giving us more information would help. What will you be studying? If it's an MFA or something like that it may not matter as much. Also, you may want to contact the career services center at the schools you're considering to see what their job placements are in your chosen field.Read More...
Last Reply By lismox · First Unread Post
I have too many credit cards. I really want to not use them and let several of them close by the issuer for lack of use. Right now I use less than 1% of my available credit. I have read it is OK to use up to 30% without negative consequences. My credit score is 813. I would like to keep it this high. Will letting some cards close hurt my score?Read More...
Most likely yes because your debt ratio will go up percentage-wise. Even if you leave them open and do not use them they still report your available buying power and falsely inflate your worth. You would need to increase your CL with the remaining CC's to avoid that. I recently closed 4 perfectly paid credit cards and was slammed 100 points. I had my head spinning. Now I am carefully opening new credit to have current payment history to show. Even though my point was to get out of the credit...Read More...
Last Reply By Leslie Kay · First Unread Post

This is how I save a little bit here and there.

Tara Baynard
I've been reading on here that many folks are looking for ways to save money each month. I have found a couple of ways by following one of my dad's habits. I am very careful about what I throw away. I recycle as much as possible . I have a burn barrel to burn my confidential papers, but that can be shredded and used as packing material as well. If i have left over food or things that can be put in a compost i place it in a plastic bag and take it to a compost area i have created. I live in...Read More...
Not all people like used clothing but upcycling is the new buzzword. Check out ThredUp and other upcycling web sites for major savings on better name brand clothing. I'd rather save 50-80% off name brand clothing than cheap no-brand clothing - the better quality ones last longer and wear better thus saving you money in the long run.Read More...
If you are using dryer sheets to stop static cling, cut the sheet in half. You'll stretch those dryer sheets dollars by 100% and not have the 'perfumed' smell of full size sheets.Read More...
Last Reply By Umleitungme · First Unread Post

I want to backpack to EUROPE

Zara Zoey
I have been planning to backpack to Europe and ever since I mentioned this in a family dinner, they do not stop talking about souvenirs. Can you guys suggest affordable range ones in France, Holland, and Germany? And what are the best stores for that!Read More...
Yes!!! I love the idea of an album with notes to family.Read More...
You could take lots of pictures on your smartphone and have copies made. Then make them each a photo album.Read More...
Last Reply By Zara Zoey · First Unread Post

Holidays and Unemployment Services

DailyGrind
I was unemployed between July and September. My state's unemployment services office discovered there was one over-payment which I have started to pay back. I called the unemployment service office today to make sure my payment was received and that everything is in good order. Although I am working now, I don't receive benefits from my job, such as paid holidays and paid leave, so when the office is closed I don't get paid that day. So I asked the unemployment service rep if I can file for...Read More...
I am sorry that you were treated badly. Money is stressful enough without someone threatening to audit what you have already received and usually spent. My recommendation would be to just call back and speak with another rep. If the questions come up then you could explain the disconnect. These are government employees so they really in a unique position because a complaint probably isn't going to help you in any way. Though I believe in reviews and feedback whether I am treated well or...Read More...
My daughter, too, works for a company where they don't get paid for days off, holidays, sick time, etc. She is a one-on-one aid for school students with disabilities and loves the job, but, in addition to all the days off during the school year, of course she is off all summer. We are in New Jersey. Can she file an unemployment claim?Read More...
Last Reply By Leslie Kay · First Unread Post

Credit cards

Susan L. Miller
I have just paid off all my cc debt and want to know if I should close accounts that I am not going to use, like Discover and store accounts. Thanks for your comments!Read More...
I would close them. Especially the store cards. I would probably only hold on to two. One would have the highest limit. And the oldest one.Read More...
Hi Kelly- Thanks for your comment-actually the opposite. My score is very high, I don't plan to make any big purchases like a home or car, and I want to have less chance for the bad guys to steal my info! I saw a report that said dark web will sell thousands of identifying info for $50!Read More...
Last Reply By E Allen · First Unread Post

Do you find video ads annoying?

Deon Christie
You're busy watching a video, when suddenly an ad fills the screen. Really? So I ask myself if people are getting annoyed with video ads. Popping up while the video is playing. I suppose with proper presentation it can create curiosity. I'm just wondering how international audiences feel about video ads. Share your thoughts on video ads. Do you click on ads, or just close them to continue watching the video?Read More...
I don't like the interruption, but it does make me think about why they are targeting me! Also I find it good for my brain to see how much I can ignore. IMHO the advertisers are shooting themselves in the foot by causing more irritation than interest! Then again, an 8 year old boy just made $22 MILLION dollars from his YouTube channel reviewing kids toys. What a wonderful world! <g>Read More...
The feeling is mutual @KellyFromKeene , I too get a little annoyed with ads. I like videos not only for the information but also the traffic capability with online marketing.Read More...
Last Reply By Susan L. Miller · First Unread Post

cover letter

stella cheatham lerch
when in school learning about cover letters and graphics I made a cover letter with a very big yellow and black butterfly and that was received very well; and for my final once I made a power point using recorded music and graphics with a Beethoven melody that went over well too. :) I guest the more you put into something especially something out of the box it draws attention in a positive way:)Read More...
Agree, @KellyFromKeene ! In my own experience, I've found cover letter formats are really dependent on the industry. I've had friends have luck with ultra creative cover letters / resumes, but they are in creative industries where that sort of thing is highly valued. For my own industry (PR/Marketing), I tend to keep it pretty traditional but I add fonts and try to format any application materials in a way that's clean and easy to read. Curious to hear what other Penny Hoarders have had...Read More...
I think it all depends on the field you are working in. I applied for the same job in 2 different agencies in the same area. One of them I used a traditional resume and cover letter and the other I used a more modern one with a different layout, font and a picture. I was, honestly, a perfect fit for the jobs. I got an interview and eventually an offer with the traditional one, and not even a call with the modern one. Crazy.Read More...
Last Reply By Maryann · First Unread Post

Great Budget Friendly Gifts

lori wulff
Most of the people today are tech savvy and easy is the key. FOR ALL. I make up "gifties" cosmetics, bath & body, haircare, and techie. Everyone loves to get a bunch of gifts, and a bunch of little helpers for daily living get used; there not gifts that get put in the closet. I suggest to stay safe and get what your people use.Read More...
I am giving one of my daughters a haircare giftie. She loves scrunchies. So, I have a bunch of them, hair oils, wet brush and i always throw in hand sanitizers, charms, and chapsticks. They love it!Read More...
I hate to say this but I have come to the conclusion that making gift bags have always seemed to come out to be more expensive than buying a gift like for my younger cousins and their kids buying Dollar stuff to go in bags is going to come o ut to idk for instance what's say $20 a gift bag by the time you put enough to make it a gift.... okay we're as I could go out and get let's say for my kid cuz i could probably get her a toy on sale for five or six dollars on sale that's normally a 20...Read More...
Last Reply By lori wulff · First Unread Post

Help

I am elderly it gets harder every year to make ends meets no matter how I budget, trying to save is futile the best I can do is live month to month.Read More...
GoodRX is an app that will save you a good amount off of prescription co-pays.Read More...
Also check with your utility companies. Most do have senior assistance when it comes to bills and other services that can assist with your expenses. Especially when peak seasons arise. If you have internet, check your provider for cheaper options or promotional plans. And think about a different cell phone service especially if you are not a heavy user in the full course some service providers charge for. Budgeting can only take you so far, so I understand that frustration. Since raising...Read More...
Last Reply By Leslie Kay · First Unread Post

From where to buy LED lights?

stellajames942
Greetings everyone, I am looking for home decoration LED lights for Christmas I found some good on Christmas coupons at Reecoupons, these are 1. Brite LED Lighting 2. Bulb America 3. Bulb Concepts 4. Bulbtronics Can you guys suggest me which one is better and long-time use, I also don't have any experience to buy from an online store, But there I saw good user reviews too, Here anyone has any experience to buy anything from there? If yes then plz let me know.Read More...

Home Meal Delivery

Jeanne Featherston
Has anyone tried the home meal delivery companies? I was gifted a free week and am trying to make a decision about continuing. I live alone and do maintain a grocery budget...and do enjoy cooking. From what I see I can stop and restart the subscription so I'm not overloaded. The freebie did include a lot of product-it was three meals for two which meant six meals for me. It included the protein, veggies, and numerous things to complete the menu-things like small sour cream, chives, garlic,...Read More...
no dearRead More...
I've loved Sunbasket & Greenchef because they have organic offerings -- Sunbasket being the most flexible with different options!Read More...
Last Reply By stellajames942 · First Unread Post

Looking for Air miles flight hacks

Cali_Karley
Hello Penny Hoarders, I'm looking for some help with travel hacks, specifically air miles. My good friend is getting married in April 2021 and she lives in Georgia, I'm in California so I know the air fair is going to be pricey. (I'm also going to be in the wedding and know costs will be high.) I'm looking to get a credit card so I can save on my travel, in the long run I mostly use SouthWest air lines because of my location and was wondering if you had any advice on how their points work.Read More...
We started using a Southwest Visa for any bills that will accept it for payment and stay on track with total by not rolling over balance and writing the amount out of our checkbook as we normally would. We also use it for most online shopping or large purchases and again pay the bill out of our checking right away to not carry a balance.Read More...
I know that my mom has a Southwest credit card and racks up lots of points on it by putting just about everything she can on the card. Southwest seems to be a good airline, but one of the things I don't like about them is their lack of assigned seating. You may also want to look at www.expedia.com , www.travelocity.com or cheapair.com . I'd also recommend playing with your dates and times to see where you can find the best rate. Watch out for credit card miles rewards programs, which often...Read More...
Last Reply By Jennifer R. · First Unread Post

job search/resume/cover letter

slynneh 25
on the job hunt and all the specifics of what u should or should not do or include/not include gets confusing especially with so many "experts" differing on their opinions. i have finally got to the point of submitting resumes on sites like indeed, glass door etc but hit a wall about a cover letter...yes?no?how?do u include as part of uploaded resume d Or do you type out something in the space they provide in the additional information section? Should you even bother with a cover letter if...Read More...
It depends on the position. If it’s a manager position or above, then a cover letter is typically a good idea. Otherwise, it’s probably a waste of time unless the job ad specifically asks for one. If a cover letter is needed, keep it simple, but customize it and include information specific to the position you are applying for (i.e. your relevant experience or skills/attributes, your passion for the type of work, why you think you would be a good fit for the job, etc.).Read More...
Hmmm, a really good question! I would say it depends on the job vs position (career). If a simple task job like working at McDonalds, then, no, a cover letter would not be necessary. A basic resume is all that is needed with just the facts and dates pertaining to potential employment there. If going after a position/career then the potential employer would want to know if you are capable of the communication skills that would be of benefit to the company. The potential employee-through the...Read More...
Last Reply By Liz Anthony · First Unread Post

education

Sharon L Greene
I would like to know the colleges in my area that offer courses with free tuition for seniors. I live in West Virginia but am close to Maryland, Virginia and Pennsylvania. Thank you!!Read More...
Hi Sharon! This article from The Penny Hoarder may help. It lists out free courses by state too. https://www.thepennyhoarder.co...for-senior-citizens/Read More...
check out community colleges and state universities. Call the admissions offices.Read More...
Last Reply By Maryann · First Unread Post

Narcissistic bosses

Bobbie Kehoe
I'm just wondering if any of you have had a narcississtic boss. How was that? Would love to hear more about itRead More...
I've had one narcissistic boss who was also the owner, and it was the only job I was ever fired from. Ironically the day I after I was fired there was a business article in the local paper about my sales ranking and awards within the company which had been submitted days earlier. I couldn't have asked for a better "stick it"! He and I clashed on ethics, something I've never felt I needed to compromise in business or personal life. I wasn't the only person he tried to control to his...Read More...
My friend's daughter is going through the learning experience of narcissism from her soon to be ex-husband. He is insecure, jealous, and trying to isolate her-making her off balance and think she is the one with the problem. This escalated. In my opinion this could have been avoided by getting to know the person you are going to take vows with for a long period of time-years. That way you can see how they handle stress, finances, relationships, and of course family. Before the marriage, they...Read More...
Last Reply By mintjulep · First Unread Post

Selling my Timeshare

Debra Benigno
I want to. sell my Marriott timeshare. I don’t hold a mortgage on it. I pay an annual fee of $1400. My deeded week is platinum, is lifetime and can be passed on after death. Marriott no longer offers this option. I’ve been an owner for 17 yrs. The timeshare no longer fits my life style. Any suggestions? Timeshare Companies want $1500 upfront, before they sell.Read More...
Well, it’s a Marriott you get what you pay for. Your paying for the amenities they offer, guaranteed. Renting on a daily basis is way more expensive.Read More...
Everything I have seen over the years makes me very cautious. I would even be uncomfortable with Air BnB. Yes, I have been enjoying the moon and the cool brisk air. Hope you are, too.Read More...
Last Reply By Debra Benigno · First Unread Post

What do you do with your junk mail (paper mail)?

Wondering how everyone feel about so much junk mail we get. Most people I have come across hate it but a few of them like browsing through it. I am just sad how much paper is wasted.Read More...
If there is a “postage paid addressed envelope” included I stuff as much of it as I can into it and mail it back to them with some sort of a note like do not forward or no more spam please. Believe it or not it works in two ways first by using then by preventing at least some junk mail. Digital junk mail aka spam is a different topic altogether.Read More...
Interesting, thanks for sharing!Read More...
Last Reply By Alisak · First Unread Post

Email from The Penny Hoarder - *Snow* of hands

Did I misunderstand what we were supposed to receive in the report from The Motley Fool with 'five of their favorite companies with women leaders'? The report actually only provided one with a teaser to sign up for their Motley Fool Stock Advisor.Read More...
Thank you, Theodora. I do see it now. Happy Thanksgiving!Read More...
@dino0726 you should have received these via email --- be sure to check your spam folder. The subject line should read: "Here are the 5 stock recommendations you requested" - I just tested it and it went into my spam folder.Read More...
Last Reply By dino0726 · First Unread Post

What to do with a significant salary increase?

Clint Jusino
Hello Penny Hoarders! I was recently blessed with a job offer at an international global company that is in the fortune 750 club. My salary will increase will be 42.5K. I wanted to know how to deal with the new income? I have no emergency fund, several maxxed out cards and little 401k. I would also like to invest using Fundrise. If anyone can give me any guidance or been in my shoes I would be so grateful. Thank you everyone!Read More...
What a great problem to have! I would start with knowing how much more a month that gives me. Then I would earmark a certain amount toward paying off debt, adding to my 401, and emergency fund. Each month I would invest a small amount in a suggested investment. Don't forget to give yourself some fun money to enjoy! That is also important, as you earned it.Read More...
I would add a small amount and up your 401K...every little bit will benefit you down the road!Read More...
Last Reply By Rosemary McKinley · First Unread Post
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