2016 saw job turnover rates hit 17.8% - which is the highest it has been since the Great Recession. Machines are automating many jobs, companies are using the independent contractor route to avoid liability and higher compensation. Which means employees are less and less satisfied with what the workplace has to offer. Are you ready for an upgrade? Finally going out on your own, taking a raise at another place, taking time for yourself, or whatever other reasoning you can have for leaving a job - there's a classy way to do it. Sure we'd all love to mimc Dave Chappelle's classic "I quit" sketch, kicking over trash cans, flipping off supervisors and co-workers, and leaving a big fart in the room right before we leave - but burning bridges never helped anyone, and you never know when you may need a reference, or just to not have being an asshole as a stain on your reputation.


Make Sure You're Sure + Have An Exit Strategy

Having one bad day, then telling everybody off and going out in a blaze of glory looks great on TV, but in real life, this probably isn't the best way to go about things. First things first is the make sure that you are absolutely ready to leave an organization that you have invested your time, energy and hours on and vice versa. If you're sure staying isn't a viable option, then it's time to plan your escape. Save up money, find other job options, know what you're going to be doing with your time. This will make your transition period way smoother. Having a plan will also make enduring those last few days that much more pleasant as you'll already know the bright future that lie ahead of you.

Give Notice, Do It Face to Face

Best practice is to deliver a letter of resignation two weeks in advance and deliver it hand to hand. This can be both a terrifying and exhilarating experience. If circumstances do not permit for a face to face, email is your next best option. This is a delicate phase, but as long as you express gratitude for your tenure with the company, and that you are simply moving on, usually everyone remains amicable and very positive. You're not obligated to say much here, and you shouldn't. Avoid gloating about your new endeavor and going on negative rants about the current company. You're moving on, so let's leave on a high note.

How to Handle the Flip Out, The Counteroffer, and the Request to Stay for Longer

At this point, you've mentally moved on, you've laid foundation for your new beginnings and you've given your notice. No matter how professional you are, you never know how your soon to be ex boss will handle this. Sometimes people take it very personally when an employee wants to leave. They may yell or attempt to belittle, stand your ground, remember why you're moving on. Sometimes however you may be hit with a counteroffer - more money, more perks, better treatment. You have to decide for yourself if any of these incentives are reason for you to stay somewhere you've just made up your mind to leave. Sometimes an employer may request that you stay longer to help with your transition. Remember that while you have no obligation to stay any longer than you've given notice for, it can be good practice to see any projects you're working on all the way through. This is a good indicator to your new employer that you are team player who is aware of the bigger picture.

Get a Reference While You're Still Hot

After a great conversation and presenting your well written letter, now is the ideal time to ask for a letter of recommendation and/or a reference. Don't give too much time for this to linger, but capitalize while the feelings are high and in good favor. This will go a long ways down the line and it's a really easy request at the end of your resignation meeting.

Claim What's Yours, Leave What's Theirs

Clear your desk, your computer, your hard drives, etc. Everything that is yours that you have built that you are not under contract to leave with your company, you take. Contacts, resources, info, all of it, you worked to earn it, so don't rush out the door empty handed. Conversely if you agreed that certain things remain property of the company than leave those things - no need for lawsuits and pursuits against you down the line. Also make sure you check for any paid sick days, vacation time, bonuses owed, 401K and retirement savings. Often times there's some extra money and perks waiting for you upon your exit, but if you don't ask, don't expect your former employer to go out of their way at all to get any of it to you.

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When you are newly hitched and learning how to combine your essential legal and financial information as well as your accounts, it can be confusing.

Many people live together before getting married and have begun the process of combining accounts and sharing responsibilities. However, some people wait to do this only after marriage, and others wait until they're married to live together. Whichever path you've chosen, it's still crucial to know a few tips to manage money together as newlyweds to determine where you should begin and how you can remain on the same page.

Discussing Money Motivations

As we begin to share money with our significant other, we soon find out what one person may rank as a priority regarding money and the other may not. As such, sitting down and discussing money motivations is important. Two people who cannot agree on how to handle money may cause serious issues. This should include:

  • How to deal with money following payday. Is a percentage put into savings? Is that the day to splurge on dinner, drinks, and more?
  • The frequency and size of payments made to debts. Some people like to pay minimums, whereas others pay in full or make double payments.
  • What do you each consider money well spent? Is it a new 70" 4K television? Is it an investment? Is it paying as much debt off as possible?
  • How do you go about consulting each other before making purchases over a certain amount?

Establishing Financial Goals

After you evaluate the motivations behind your money and how it should be spent, you'll need to spend time together hashing out financial goals. As newlyweds, there are certain things on your list that you're going to want to save for. How do you go about that? How much of each paycheck will you dedicate to a particular fund?

Some things in the future worth making a financial plan for include savings and paying down debts. This is the time to be honest about your current financial standing. If you're looking to buy a home, you'll want to assemble a first-time homeowner financial checklist to begin to develop topics of conversation. Some of the things to consider setting goals for are:

  • Student loans
  • Car loans
  • Future children
  • A house
  • Medical bills
  • Delinquencies on credit reports
  • Vacation and rainy-day funds
  • Emergency funds

Budgeting Together

The more honest and open you can be with each other about the money you have and now the debts you share, the better. Implementing plans for the best ways to have the things that you both desire while still taking care of existing demands is important. These can be uncomfortable things to talk about; however, these conversations are necessary.

Following these tips to manage money together as newlyweds will allow you to have a starting point for conversations that can be tough to start. The sooner you and your partner get on the same page with finances and the responsibilities that come with them, the easier the transition will be and the sooner you'll find success.

It's the dream: money you can count on to keep rolling in, even while you sleep.

Passive income isn't entirely passive, of course. You'll put in work up-front to get the profits rolling, so don't relax in your recliner just yet. But with so many potential sources of passive income available to you, picking one or several will mean that the day you can finally kick back will draw steadily closer.

Rental Properties

Real estate is a tried-and-true wealth builder for a simple reason: people will always need somewhere to live. Research the market in a growing community until you know a good deal when you see it. You can maximize rent by fixing up a deteriorating property or upgrading a mediocre one. The key is to hire a property manager to do all the day-to-day landlord duties for you—and you'll need a good one. Smart investors put their profits in another property and repeat the process until they have a diverse portfolio.

A YouTube Channel

You can start a blog if you're more comfortable hiding behind a computer, but consumers are more likely to prefer video content. Post a series of “how-to" videos to answer questions about whatever you're an expert in.

You can put up any content you want, but if you don't want to commit to regularly updating it, focus on “evergreen" topics that will draw clicks for eternity. Ads will create your income, especially if your channel grows in popularity. Better yet, sign up for affiliate marketing. If you recommend a product and provide a link to buy it, you'll get a small percentage of those transactions.

Auto Advertising

If you don't mind vinyl-wrapping your car with an ad for a company, you can get cash just driving around and running your errands. Make sure you contact a reputable company that doesn't ask for any money from you; if they're the real deal, they'll evaluate your car, your driving habits, your area, and more. Bonus: the brighter the ad, the easier it'll be to find your vehicle in the parking lot.

Digital Products

What's something that people will pay for but doesn't require shipping on your part? Finding that item is what can supplement your income indefinitely. Write an e-book, charge for your cross-stitching patterns, design prints that people can digitally download, invent an app, record a “masterclass," or whatever else you want. Every time someone new discovers it, the cash register rings. With a little more effort, this is a potential source of passive income for you that can continue to grow. Once you build up a customer base, they might want more products. The good part is that it's up to you whether you wish to give it to them.

Airbnb is a great option while traveling, but you should protect yourself from damage charges from unscrupulous hosts.

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.

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