Are you in the market for a new job and thinking about not only the job itself but where to find the best opportunity? WalletHub, the personal finance website, can help you narrow down the country's 150 most populated cities to determine which one may offer you the greatest chance for employment success.
We all don't live where the best job options may exist for the field we are in, where the salaries are the highest, or the chance for job growth is the greatest. That is why a move to a new city may be a smart decision for better career opportunity, advancement, and pay.
WalletHub analyzed these 150 cities by using 23 key indicators of job market attractiveness. As per the site, "Each metric was graded on a 100-point scale, with 100 representing the most favorable conditions for job seekers." By comparing key indicators like the most job opportunities, the highest employment growth, monthly median starting salary, unemployment rates, median annual income, commute time, daily work hours, housing costs, and other relevant job-related factors, WalletHub's expert team determined 2017's best and worst cities for jobs.
Which cities came out on top?
The 5 best as per WalletHub are, starting with #1:
Sioux Falls, SD
San Francisco, CA
Orlando boasts the most job opportunities of all the cities compared.
The 5 worst cities are, starting with the overall worst:
Newark has the least affordable housing and Detroit has the lowest median annual income. Bakersfield has the highest unemployment rate.
Did your current city make the top or bottom 5? If so, do you agree with WalletHub's assessment? For the full analysis for the 150 cities studied, see the entire WalletHub report as well as the intricate methodology as to how WalletHub made their final determinations for the rankings. Would you consider a move to a new city for a job?
For recent college grads, check out the best and worst places to start a career.
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.