Before you rush out of the house mid-way through Thanksgiving dinner to hit up the hottest Black Friday sales, take a moment to find out if the savings you think you'll be getting are really as good as they were made out to be. Getting trampled by a pack of value-hungry lunatics who just ate their weight in mashed potatoes isn't much to be thankful for this season.
WalletHub, a personal finance website, recently published an in-depth report for 2016's Best Black Friday Deals. They conducted this project based on a study from BestBlackFriday.com which found that 63% of respondents didn't feel as though Black Friday offered the best deals of the year. Is it all hype?
For some things, yes, it is a bit of hype. Some so-called Black Friday deals are no better than the usual sales offered year-round. Yet, many stores and online sites know that pre-holiday shoppers whip themselves into a frenzy and seek out any sale they can find, often thinking it can't be beat. So how can we be sure those Black Friday deals are really something special? That's where WalletHub's findings come into play.
They based their determinations by studying the following: Best Deals Overall, Best & Worst Product Categories for Black Friday Shopping, Percentage of Good Deals by Retailer, and Top 7 Deals by Retailer. They also took expert advice into account in order to make sense of it all.
The report is quite extensive and can be read in detail here. That said, here are some interesting takeaways:
Top 5 Deals:
- 1.Nordic Track Elite 3700 Treadmill ($1,000 additional discount if purchased on Black Friday)
- 2.Dell XPS 13.3" Touchscreen Laptop ($376 additional discount if purchased on Black Friday)
- 3.Sony 75" HD Smart TV ($498 additional discount if purchased on Black Friday)
- 4.Color Switch Plus Vancouver Fir Tree ($271 additional discount if purchased on Black Friday)
- 5.Canon Digital SLR Camera ($250 additional discount if purchased on Black Friday
Top 5 Categories with the Best Savings:
- 1.Video Games
- 4.Computers & Phones
Worst 5 Categories:
- 2.Apparel & Accessories
- 3.Consumer Electronics
- 4.Consumer Packaged Goods
- 5.Books, Movies, and Music
So before you skip out on mom's famous pecan pie, think about the sales and if what you're seeking to buy is really all that great of a deal. There's always Cyber Monday, after all!
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.