events http://www.wisebread.com/taxonomy/term/7782/all en-US 7 Networking Tips for the Recently Unemployed http://www.wisebread.com/7-networking-tips-for-the-recently-unemployed <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-networking-tips-for-the-recently-unemployed" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/having_a_positive_attitude_is_rewarding.jpg" alt="networking tips for the recently unemployed" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Through no fault of your own, you find yourself unemployed. After the immediate shock, how do you start to look for work and connect with people who can get you back into the nine-to-five? Here's some much-needed advice.</p> <h2>1. First, take a breath</h2> <p>Before you go diving into social events, sending out mass emails, and making panicked phone calls, you need to take a little time to regroup. Losing a job is a traumatic experience, and you need to give yourself time to decompress, regroup, and reevaluate.</p> <p>We're not talking about two worry-free weeks vacationing on a beach in Cancun. This is more about not jumping into the stress and fatigue of a job hunt immediately after the stress and fatigue of a job loss. Do anything but networking for the first few days, whether it's spending a week at home tidying up or hanging out with family, heading to the mountains for a weekend, or visiting relatives in another state.</p> <h2>2. Get your ducks in a row before talking to anyone</h2> <p>Now, you're ready to get back in the game. Before you make a call or send an email, you have to be prepared. Is your resume up to date? Do you have a personal website that hosts samples of your most recent work? Do you have all the files needed from the office? If not, you may be able to ask human resources to send you whatever you need; after a layoff, some companies are happy to help employees with the transition (if you're fired, it's a different story).</p> <p>Make sure you also know exactly what you'll say to people. How will you explain being out of work? Why were you let go? Do you even want to bring it up? Some employers may see a layoff as part of life, others may think you were expendable for a reason. You want to have your answers rehearsed, and never play the victim. Don't go jumping into calls unprepared; you only get one chance to make a first impression.</p> <h2>3. Start with people you know well</h2> <p>It may seem like stating the obvious, but when anyone is laid off, they are not always thinking clearly. Often, the first thing people do is to start applying for jobs, and that's all well and good. But your own network of friends, colleagues, and even relatives may have just what you need to get ahead.</p> <p>So, call or email (calling is better) your top prospects. These are people you know well, you share a great relationship with, and potentially have leads for you. If they aren't directly connected to the industry you work in, they could very well know someone who is. And a lot of the time, these kinds of connections lead to job openings that have not even been posted on the employment sites yet.</p> <h2>4. Use sites like LinkedIn to connect with new contacts</h2> <p>LinkedIn is a great way to make new contacts through your existing networks of colleagues and friends. And if you really don't have any kind of connection with anyone, you can still ask to be linked to them. People like to build their networks, and it's usually easy enough to connect and send a message. Don't be shy about telling people your current situation and what you are looking for. If they're not hiring, they may know someone who is. You can also use other social media sites, like Facebook, Twitter, and Instagram, to let people know you're searching for work.</p> <h2>5. Attend local networking events</h2> <p>In almost every city, you will find opportunities to meet up with people who are in your industry. You can start by looking at a site such as <a href="https://www.meetup.com/" target="_blank">Meetup</a>, which gives you access to hundreds of different groups that meet regularly in your area. This is not just for people who like football or book clubs. The vast range of subjects to choose from makes it easy to hone in on your field, and talk to people who may have opportunities for you.</p> <h2>6. Join online forums and industry-related sites</h2> <p>Online forums are a great way to get advice. If you do an online search for your industry of choice, you should find a few active forums quickly. Also, a site like Reddit has sub-pages (subreddits) on thousands of careers. Join that subreddit, and start commenting and posting as soon as you can. You may quickly connect with someone who knows of a job opening.</p> <h2>7. Do not be afraid to take a break</h2> <p>This is crucial. You can suffer from networking burnout if you go all-in, trying to contact as many people as you can in the first week of your job search. Attending events, making calls, crafting resumes, writing emails, and chatting in forums is a lot of work. And it can also cause you to become incredibly deflated and discouraged when you get very little response in return.</p> <p>The truth is, in almost every industry, you are up against some stiff competition. It can take months to get a great lead that turns into a job interview and offer of employment. So, when you start to feel the pressure, take a day off. Do something that lets you decompress a little. Finding work is a job in and of itself, and you should give yourself the downtime you need to stay healthy and optimistic.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" data-pin-save="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F7-networking-tips-for-the-recently-unemployed&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F7%2520Networking%2520Tips%2520For%2520The%2520Recently%2520Unemployed.jpg&amp;description=7%20Networking%20Tips%20for%20the%20Recently%20Unemployed"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/7%20Networking%20Tips%20For%20The%20Recently%20Unemployed.jpg" alt="7 Networking Tips for the Recently Unemployed" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/7-networking-tips-for-the-recently-unemployed">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/job-hunting-with-a-long-employment-gap">Job Hunting With a Long Employment Gap</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-ways-a-professional-association-can-boost-your-career">11 Ways a Professional Association Can Boost Your Career</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-crucial-job-searching-steps-most-people-skip">6 Crucial Job Searching Steps Most People Skip</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-get-someone-to-accept-your-linkedin-invitation">How to Get Someone to Accept Your LinkedIn Invitation</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-ask-for-your-old-job-back-after-leaving">How to Ask for Your Old Job Back After Leaving</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Job Hunting applying connections events job loss LinkedIn networking unemployed Thu, 07 Sep 2017 08:31:07 +0000 Paul Michael 2016467 at http://www.wisebread.com 11 Ways a Professional Association Can Boost Your Career http://www.wisebread.com/11-ways-a-professional-association-can-boost-your-career <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/11-ways-a-professional-association-can-boost-your-career" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/group_of_business_people_in_the_office_building_lobby.jpg" alt="Group of business people in the office building lobby" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>You got the degree and landed the job. Maybe, though, your career seems stalled. Are you looking for a way to move up the corporate ladder, or out of a rut? If so, maybe it's time you joined a professional association.</p> <p>What's the best thing about a professional association? <em>Networking.</em> And it's not stand-around-at-a-cocktail-party, trying-to-make-small-talk networking. Belonging to a professional association is like having an instant group of friends, with at least one similar interest: You all work in the same field.</p> <p>So, what some other reasons should you join a professional association?</p> <h2>1. It's easy to find one</h2> <p>Either Google it (i.e., &quot;pharmacist professional associations&quot;), or use this handy <a href="https://www.careeronestop.org/businesscenter/professionalassociations/find-professional-associations.aspx" target="_blank">professional association finder</a> developed by the U.S. Department of Labor. A quick search will bring you results for organizations in your career field.</p> <h2>2. You can give back to your community</h2> <p>Especially appealing to millennials, an age group that wants their work to have meaning, are opportunities for giving back. Many professional associations have subgroups that pride themselves on charitable and community-building efforts.</p> <p>You might find yourself speaking at an elementary school, helping with a trash pickup day, or fundraising for a good cause. My niece, an optometrist, participates in a professional association that raises funds for guide dogs for the blind. If your association doesn't already do good works, maybe you're the leader they need to start something.</p> <h2>3. It'll help beef up your resume</h2> <p>The more you can show a recruiter or interviewer that you're connected to your career, the better. Listing a professional association demonstrates your passion and drive, as well as your involvement in the field. Recruiters love data, and seeing something like, &quot;Co-chaired auction that raised $5,000 for guide dog program&quot; will definitely stand out. Similarly, you can use leadership roles in a professional association (&quot;Treasurer, 2017&ndash;2018: Converted organization's record-keeping to QuickBooks&quot;) to illustrate your skills.</p> <p>If your resume and cover letter skills need work, many associations also have a &quot;career resources&quot; page on their website for tips on formatting resumes and writing effective cover letters.</p> <h2>4. You'll boost your own technology skills</h2> <p>I was overwhelmed by social media until I began attending meetings of my local social media professional association. It helped me learn about the different platforms and what works best for me.</p> <p>Millennials are the generation that has most embraced technology. If that's your age group, you may find that a professional association is a place to use those technology skills and keep learning new ones.</p> <h2>5. You'll make friends</h2> <p>Remember, you already have one thing in common with people who belong to your profession's association: You work in the same field. There may be others with whom you have common interests, and you may be able to build a social support group within your new circle. I found I enjoyed a walking group with members of my professional association, and am currently interested in another group that does healthy cooking potlucks. It's a great way to bring a fun, personal element into your professional life.</p> <h2>6. They can help you find a new, or better, job</h2> <p>I work in human resources, and regularly receive emails from the Society for Human Resource Management listing job opportunities. That is the same case with most other professional associations. Many of them have job boards or announcements where companies seeking new hires can list openings. You might even come across some positions that aren't being listed elsewhere.</p> <h2>7. Educational opportunities</h2> <p>Need continuing education credits, or just need to learn how to do something new? Check with your association. If they don't offer it themselves, they may able to direct you to a source that does. Discounts may also be available, which brings us to the next point.</p> <h2>8. Discounts</h2> <p>Looking for travel, health care, or educational discounts? Your association may have some available. In addition, you'll often find discounts on websites or tools pertinent to your career field. For example, the Society of Professional Journalists offers members a 20 percent discount on a subscription to the AP Stylebook.</p> <h2>9. You'll find great material for work</h2> <p>Yes, you'll be inundated with material to read, but don't just ignore those newsletters and notices. I squirrel away the daily emails and read them in batches; the magazines I take home and peruse in my leisure. That stuff can come in handy.</p> <p>For instance, when my CEO recently said he thought our hiring process took too long, I could quote HR Magazine (April, 2017) in saying 28 days is the typical period of time between someone applying for a job and being hired ... but also that I'd look into ways we could shorten our process. In a competitive workplace, your association's reading and events will keep you ahead of the pack. Plus, let's face it &mdash; you'll sound more knowledgeable.</p> <h2>10. You can find, or be, a mentor</h2> <p>I found having a mentor to be extremely helpful in my career. Someone with vast experience in your field can give sound advice and help you stay motivated. Alternatively,<em> you</em> may be that experienced person for someone else, and it might be very rewarding for you to help a newbie. It can be a great thing to have a source outside of your own office to ask for advice.</p> <h2>11. Be active in your association</h2> <p>Sure, you can pay for the membership and do nothing, but that won't help your career much. Even if you're shy, taking on a small, manageable role in the association will help your career.</p> <p>Still on the fence? Explore your professional association's website, talk to someone who belongs about benefits, or attend a class or meeting. Once you actually get your feet wet, you may be much more eager to dive in.</p> <h2>A few things to consider</h2> <p>While professional associations can be a great boon to your career, they also have a few downsides. The first being cost: Joining a professional association often comes with a membership fee, and these can be pricey. However, if you are required to join by your employer, or pitch the idea of joining to them, they may foot the bill for you. Another potential expense to consider are meetings, which are often held at restaurants or cafes.</p> <p>Professional associations can also feel a little overwhelming at times, between the social media feeds, the association's newsletter, their calendar of events, and all the LinkedIn connections. For some organizations, there can be a deluge of information to read.</p> <p>Career-wise, however, the pros of joining a professional association outweigh the cons. If you can find and afford to join one, it can be a wonderful way to advance your professional standing.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/marla-walters">Marla Walters</a> of <a href="http://www.wisebread.com/11-ways-a-professional-association-can-boost-your-career">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-ways-freelancers-and-telecommuters-can-make-friends-and-network">11 Ways Freelancers and Telecommuters Can Make Friends and Network</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-networking-tips-for-the-recently-unemployed">7 Networking Tips for the Recently Unemployed</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-go-to-college-to-learn">Don&#039;t Go to College to Learn</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-career-changes-you-can-make-today">25 Career Changes You Can Make Today</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-get-someone-to-accept-your-linkedin-invitation">How to Get Someone to Accept Your LinkedIn Invitation</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building clubs connections discounts events learning making friends networking organizations professional associations skills Tue, 06 Jun 2017 08:30:16 +0000 Marla Walters 1959134 at http://www.wisebread.com 11 Ways Freelancers and Telecommuters Can Make Friends and Network http://www.wisebread.com/11-ways-freelancers-and-telecommuters-can-make-friends-and-network <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/11-ways-freelancers-and-telecommuters-can-make-friends-and-network" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-528577668.jpg" alt="Freelancers learning how to make friends and telecommute" title="" class="imagecache imagecache-250w" width="250" height="142" /></a> </div> </div> </div> <p>Working from home can be a great thing. It allows you to work where you want, when you want, and has a number of other perks. However, it can be a bit lonely. Luckily, with the power of the Internet (and some motivation to get out and socialize), even those without an office water cooler to mill around can network and make new friends.</p> <h2>Networking Resources</h2> <p>Working off-site can take a toll on your professional network. To build your reputation, find mentors and collaborators, and connect with people in your industry, take advantage of some of the following networking resources. (See also: <a href="http://www.wisebread.com/15-simple-networking-tricks?ref=seealso" target="_blank">15 Simple Networking Tricks</a>)</p> <h3>1. LinkedIn</h3> <p>LinkedIn is one of those most common, popular ways to build and maintain professional relationships. It makes it so easy to network online with other professionals in your field. You can also use LinkedIn to find networking events and opportunities in your area, or connect you with organizations you are interested in.</p> <h3>2. Shapr</h3> <p><a href="http://www.shapr.co/" target="_blank">Shapr</a> is an app that can connect you with like-minded people, allowing you to swipe left (pass) or right (interested) on your connections. You can set your favorite ways to meet, your passions and interests, and what you're looking for (collaborators, job opportunities, inspiration, potential investments, or new friends).</p> <h3>3. Work Your Existing Connections<strong> </strong></h3> <p>Ask friends, past and current co-workers, or even your employer for recommendations on local networking events or seminars. Most cities have their own organizations that specialize in these types of events for working professionals of all kinds. If you can't find any from asking around, try a Google search, LinkedIn, or social media.</p> <h3>4. Take Classes</h3> <p>Consider taking a night class. In addition to growing your skills or teaching you something brand-new, you might befriend some fellow classmates along the way. Even online classes can connect you with new people with similar interests or background in your field.</p> <h3>5. Volunteer</h3> <p>Research some local organizations that could use a hand, and offer your time. Not only will you be contributing to a worthy cause, but you'll also be gaining experience (which looks great on a resume), expanding on your skill set, and of course, meeting new people. Volunteering allows you to become part of a community, which is a great way to expand your network.</p> <h2>Friendship Resources</h2> <p>If you don't get out much, maybe you should start! In the meantime, your smartphone or computer can also be the perfect friendly matchmaker.</p> <h3>6. Bumble BFF</h3> <p><a href="https://bumble.com/en-us/about" target="_blank">Bumble</a> was originally a dating app, but has expanded to include a &quot;Bumble BFF&quot; feature. Instead of swiping left or right on potential dates, you'll do the same for potential friends. Once you're paired with a new friend, you have only 24 hours to start a chat, so procrastinators and fair-weather friends aren't welcome.</p> <h3>7. Atleto</h3> <p>If you're looking for a workout buddy, then <a href="http://www.atletosports.com/#what" target="_blank">Atleto</a> can help you find local sports activities and fellow fitness enthusiasts. The app can connect you with friends from your existing social media accounts, or you can find new friends in your area. This is a fun way to find an accountability buddy to help you reach your fitness goal.</p> <h3>8. Friender</h3> <p><a href="https://frienderapp.com/" target="_blank">Friender</a> allows you to swipe left or right on potential connections. You'll create a profile based on personal interests and activities you enjoy, and Friender will recommend a few folks with mutual interests. This app is only for making friends, however, so you won't have to waste time with people who are looking for more.</p> <h3>9. Meetup</h3> <p><a href="https://www.meetup.com/" target="_blank">Meetup</a> is an online organization with nearly 30 million members that hosts endless gatherings and social functions. You can meet people based on your occupation, personal interests (like hiking or cooking), location, and other factors that are important to you. Join a local club, take up a brand-new hobby, or explore somewhere new, all while making new like-minded friends along the way.</p> <h3>10. Social Media<strong> </strong></h3> <p>There can be more to interacting with your Facebook friends than a simple &quot;like&quot; or the occasional comment. Reach out to those friends and old co-workers through Facebook, Twitter, and/or Instagram. Invite them out for lunch or drinks, and simply catch up. It'll feel great to get out and sit with people face to face.</p> <h3>11. Get Out More</h3> <p>Once you are no longer in school or working from an office, it can be challenging to meet new people in person. The best thing to do is visit places where connections naturally occur. Maybe find a book club through your local library, or sign up for that fitness class or 5K you've been aspiring to run. Try a local arts or cooking class, or even take your kids on a playdate where you can mingle with fellow parents. There are countless ways to meet new people if you just get out there!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-cannon">Andrea Cannon</a> of <a href="http://www.wisebread.com/11-ways-freelancers-and-telecommuters-can-make-friends-and-network">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-life-skills-every-freelancer-needs">8 Life Skills Every Freelancer Needs</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/22-websites-that-will-pay-you-to-write-for-them">22 Websites That Will Pay You to Write for Them</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-live-the-location-independent-lifestyle">How to Live the &quot;Location Independent&quot; Lifestyle</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-to-stay-productive-while-working-from-home">5 Ways to Stay Productive While Working From Home</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-things-you-should-never-do-on-linkedin">7 Things You Should Never Do on LinkedIn</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building Lifestyle apps events freelance friends networking relationships social media telecommute work from home Wed, 22 Feb 2017 10:30:36 +0000 Andrea Cannon 1896807 at http://www.wisebread.com Could Happy Hour Help You Better Manage Debt? http://www.wisebread.com/could-happy-hour-help-you-better-manage-debt <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/could-happy-hour-help-you-better-manage-debt" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/friends_drinking_together_73973511.jpg" alt="Friends learning if happy hour can help them manage debt" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Millennial-focused lender <a href="http://www.kqzyfj.com/click-2822544-12797287">SoFi</a> offers its members a long list of crazy perks. Should traditional lenders &mdash; and borrowers &mdash; take note?</p> <p>First off, it's important to understand that social hour is in SoFi's DNA. After all, the alternative lender's name is shorthand for &quot;social finance.&quot;</p> <p>Next, consider the company's short history. Upon launching in 2011 as a start-up student loan lender for Stanford grads, SoFi has massively grown in popularity. Ditching the Stanford niche, SoFi now accepts borrowers from a much larger, but still exclusive, list of accredited colleges. Of course, SoFi's member's-only vibe is not for nothing.</p> <h2>SoFi's Secret Social Formula</h2> <p>In curating a group of educated borrowers with vetted incomes and credit scores, SoFi's 150,000 members actually have quite a bit in common with one another socially. SoFi knows this and capitalizes on it. The lender's series of free <a href="http://money.cnn.com/2016/07/18/pf/sofi-student-loan-refinancing/index.html?iid=SF_River">happy hours, cooking classes, and brewery tours</a> are highly attended and often booked solid by members. And that's because if you are a SoFi member, chances are pretty good that you'll get along, or at least find common ground, with other SoFi members. While attending a SoFi social event, you might even strike up a beautiful new friendship &mdash; or score a date. (You guessed it: There's a SoFi matchmaking app in the making.)</p> <p>Now, think about the last time you visited a traditional, brick-and-mortar bank. Would you want to dine under the stars with the folks you encountered in there? No, probably not.</p> <p>Of course, SoFi's social events calendar has more to offer than fancy cocktails. Piggybacking off Millennials' comfort and familiarity with social networking, SoFi taps into borrowers' alumni networks, connecting them to investors from the same alma mater. It's sort of like banking meets LinkedIn. SoFi makes borrowing personal, which is why not only its happy hours, but also its opportunities for career advising, networking, and entrepreneurial support are so well-received by members. For the most part, SoFi borrowers are young, responsible, and successful. And those are exactly the type of people the typical SoFi borrower wants to share company with and take advice from.</p> <h2>A Revolution in Banking?</h2> <p>That's all well and good, but why should traditional banks take interest?</p> <p>Well, for one thing, SoFi isn't playing social events chair solely for the fun of it. By engaging members in fun and beneficial activities, SoFi is boosting members' camaraderie amongst each other. This also boosts members' feelings of connectedness and loyalty to the SoFi brand. And that loyalty directly translates into cash. The more connected and loyal a SoFi member feels toward SoFi itself and other SoFi members, the greater the odds that the member will fulfill his or her financial duty to pay loans back in a timely manner.</p> <p>Turns out it's true: SoFi borrowers tend to pay off their loans quickly, and in many cases they are pre-paying more than the monthly minimum. And it makes sense: We're much more likely to pay back our friends than we are to make good on our debts to a giant corporation without a face. All of the career coaching and networking that SoFi provides is also a help to the company's bottom line. It's in SoFi's best interest that its membership is well-employed. And this is where traditional banks might want to take a lesson.</p> <p>Indeed, Goldman Sachs already has taken a lesson. The 147-year-old investment bank is preparing to launch its own online peer-to-peer lending platform. While a few traditional banks, such as JP Morgan Chase, have announced partnerships with peer-to-peer lenders, Goldman is the first bank to attempt to <a href="http://www.lendacademy.com/goldman-sachs-is-entering-p2p-lending-first-bank-to-launch-a-platform/">build its own online lending platform</a> from the ground up. It's an indication that even the biggest of banks knows that the future of lending is mobile and more personal.</p> <p>But only time will tell if banks will begin launching happy hour clubs.&nbsp;</p> <p><em>Would you drop your stodgy bank for a younger, hipper lender?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/could-happy-hour-help-you-better-manage-debt">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-money-moves-for-the-newly-independent">8 Money Moves for the Newly Independent</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-millennials-with-kids-may-become-the-richest-retirees-yet">How Millennials With Kids May Become the Richest Retirees Yet</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-millennials-have-changed-money-so-far">6 Ways Millennials Have Changed Money (So Far)</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-ways-freelancers-and-telecommuters-can-make-friends-and-network">11 Ways Freelancers and Telecommuters Can Make Friends and Network</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-networking-tips-for-the-recently-unemployed">7 Networking Tips for the Recently Unemployed</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance events happy hour millennials networking online lenders peer to peer social sofi Tue, 23 Aug 2016 10:30:17 +0000 Brittany Lyte 1775944 at http://www.wisebread.com 10 Weird Types of Insurance You Didn't Even Know About http://www.wisebread.com/10-weird-types-of-insurance-you-didnt-even-know-about <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/10-weird-types-of-insurance-you-didnt-even-know-about" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/babies_twins_crib_000071287585.jpg" alt="Learning about weird insurance that we didn&#039;t even know about" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>If you read Wise Bread frequently, you know how important insurance is as part of a sensible financial plan. It makes sense to insure your home, your car, and carry health insurance. But over the years, insurance companies have developed policies to protect customers against all kinds of trouble, ranging from natural disasters to identity theft, and getting thunked by a foul ball at a baseball game.</p> <p>Here are 10 of the most unique insurance policies we've come across:</p> <h2>1. Hole-in-One Prize Insurance</h2> <p>Have you ever seen a charity golf tournament where they gave away a car or cash prize to anyone who got a hole in one? Tournament organizers usually protect themselves with&nbsp;<a href="http://www.wisebread.com/avoid-these-5-costly-health-insurance-mistakes" target="_blank">insurance policies</a> to cover the cost of prizes, just in case someone actually gets lucky.</p> <p>Prize indemnification is its own industry, and is often used for similar promotions, like half-court shot contests in basketball, or field goal contests in football. Premiums for these insurance policies are relatively cheap due to the low odds of winning. One company, InsureEvents, says it has&nbsp;<a href="http://www.insurevents.com/prize.htm">insured a $1 million hole-in-one contest</a> for a mere $300.</p> <h2>2. Athlete &quot;Loss of Value Insurance&quot;</h2> <p>During the recent NFL Draft, several players reportedly collected payouts from insurance policies after they weren't drafted as early as they had hoped. ESPN reported that Jaylon Smith, a linebacker from Notre Dame, received $900,000 from such a policy after slipping to the 34th pick in the draft due to concerns over a knee injury. He could have received as much as $5 million had he been drafted higher.</p> <h2>3. Body Part Insurance</h2> <p>We all want to cover our body parts. But for some people, it's not just about clothes. Many people &mdash; often famous athletes or entertainers &mdash; will insure certain body parts that they depend on for their livelihood. Rocker Bruce Springsteen has reportedly insured his voice with Lloyds of London for a cool $6 million. Singer Dolly Parton had her ample bosom insured for $300,000 each. And when football player Troy Polamalu signed a deal to endorse Head &amp; Shoulders shampoo, Procter and Gamble took out a $1 million policy on his flowing mane. There are reports of policies for taste buds, fingers, buttocks, and nearly every other body part you can think of.</p> <h2>4. Riot Insurance</h2> <p>In 2010, the country of Thailand was afraid of losing tourism dollars due to political upheaval and protests. So it offered up to $10,000 to&nbsp;<a href="http://intransit.blogs.nytimes.com/2010/03/04/thailand-extends-riot-insurance-until-end-of-2010-for-tourists/?_r=0">anyone experiencing loss or damage</a> due to the turmoil. It also offered tourists up to $100 per day for travel delays caused by demonstrations.</p> <h2>5. Insurance for a &quot;Change of Heart&quot;</h2> <p>It's a real bummer if your family spends thousands on a wedding, only to have you break off the engagement. To protect against this possibility of cold feet, a company called Wedsure offers insurance that includes coverage for a &quot;change of heart.&quot; In other words, you get your money back if the bride and groom decide to go their separate ways. There are a few catches, though. The coverage only applies to &quot;innocent financiers,&quot; such as the bride or groom's parents, not the bride and groom themselves. And the wedding must be cancelled at least 365 days in advance of the scheduled date.</p> <h2>6. Multiple Birth Insurance</h2> <p>Having twins is exciting, but it's also expensive. In Great Britain, it's possible to hedge against the possibility of having more than one baby by buying special insurance. In essence, parents can buy insurance at the early stage of a pregnancy and then receive a lump sum of cash if they have a multiple birth. This insurance might make sense if you have a family history of twins, or if you've already had a multiple birth and can't fathom adding two or more children.</p> <h2>7. Insurance Against Death by Laughter</h2> <p>Lloyd's of London is known for covering a wide range of things, but the funniest might be the effort to insure a comedy troupe in the event that an audience member died from laughter. According to the BBC, this comedy troupe was so confident in its humor that it asked Lloyd's for insurance just in case the group was fatally funny.</p> <h2>8. &quot;Essential Employee&quot; Insurance</h2> <p>Imagine being so valued by your employer that the company actually takes out an insurance policy in case you leave or pass away. Often called &quot;key person&quot; or &quot;keyman&quot; insurance, this policy offers a lump sum to cover costs like loss of business or training of successors. Usually, these insurance policies are designed to cover the loss of someone who plays a key role in generating profits, or who has a unique skill set.</p> <h2>9. Lottery Insurance &mdash; For Companies</h2> <p>Imagine that you own a company and a large group of your employees entered a lottery pool, and won. You'd be excited for them, right? Well, that excitement might not last if half of your staff decides to retire on the spot. Lloyd's of London is among the companies that offers insurance for such a scenario, to cover loss of productivity and the hiring of temps and new staff.</p> <h2>10. Kidnapping and Ransom Insurance</h2> <p>It sounds like something out of a movie, but it's an actual thing. You can protect yourself if you've been kidnapped, and get reimbursed for any ransom money and expenses once you're freed. Truthfully, these policies are geared more toward businesses with high-profile employees. But individuals can get policies as well. Traveler's Insurance calls this policy a &quot;must-have,&quot; and even <a href="https://www.travelers.com/business-insurance/management-professional-liability/private-non-profit/kidnap-ransom.aspx">produced a two-minute video</a> about it.</p> <p><em>What's the weirdest insurance policy you've ever heard of?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/tim-lemke">Tim Lemke</a> of <a href="http://www.wisebread.com/10-weird-types-of-insurance-you-didnt-even-know-about">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-longevity-insurance-can-keep-you-from-outliving-your-money">How Longevity Insurance Can Keep You From Outliving Your Money</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-age-to-buy-long-term-care-insurance">The Best Age to Buy Long-Term Care Insurance</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/when-is-your-credit-cards-travel-insurance-good-enough">When Is Your Credit Card&#039;s Travel Insurance Good Enough?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/35-bizarre-things-you-can-be-taxed-on">35 Bizarre Things You Can Be Taxed On</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-surprising-insurance-policies-you-might-need">15 Surprising Insurance Policies You Might Need</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Insurance athletes change of heart events kidnapping lotteries prizes ransom weird stories Mon, 16 May 2016 09:30:21 +0000 Tim Lemke 1709579 at http://www.wisebread.com 4 Reasons You Should Splurge on Experiences, Not Things http://www.wisebread.com/4-reasons-you-should-splurge-on-experiences-not-things <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/4-reasons-you-should-splurge-on-experiences-not-things" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000078212251_Large.jpg" alt="spending money on an experience" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The 1980s might feel like ancient history, but whether or not you lived through the days of big hair, denim, and constantly winding your cassette tapes back with a ballpoint pen, the 1980s staple of excess was pretty much universal. And has been ever since. Accumulating stuff has never been hotter. Think <a href="http://www.amazon.com/gp/product/B003F29D44/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B003F29D44&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=EI2KTCZ32FOCDE3F">Wall Street</a>, and Gordon Gekko's motto, &quot;Greed is good.&quot;</p> <p>Excessive consumption seemed cool in the '80s, but so did mullet haircuts and shoulder pads. Like the mullet, this relentless consumerism should be consigned to history. Because we have evolved, and we now have a better understanding of what makes us happy, and why. (See also: <a href="http://www.wisebread.com/5-ways-to-stop-your-mindless-spending?ref=seealso">5 Ways to Stop Your Mindless Spending</a>)</p> <p>Don't chase stuff, chase experience. It'll make you happier. Here are four reasons why.</p> <h2>Money Doesn't Make You Happy</h2> <p>Song writers have long known that money can't buy you love, and also, that the best things in life are free. And while it's true that there are some ways in which money can&nbsp;<a href="http://www.wisebread.com/9-ways-money-does-buy-happiness">positively influence our outlook</a> and prospects, this only works up to a certain point.</p> <p>The <a href="http://www-bcf.usc.edu/~easterl/papers/Happiness.pdf">Easterlin Paradox</a> is the classic research into the topic, named after a 1974 book chapter, penned by economist Richard Easterlin. Although the 40 years since then has provided plenty of time for other research to debate the merits of this theory, Easterlin surmised that money makes you happy only to a certain extent. Once basic needs are met, the impact of money on happiness diminishes, and ultimately, an excess of cash can cause stress, too.</p> <p>Views on this idea will vary based on personal experience, and some subsequent research has heartily <a href="http://www.pewglobal.org/2014/10/30/people-in-emerging-markets-catch-up-to-advanced-economies-in-life-satisfaction/">agreed with the original premise</a>, while other researchers have set out to disprove the hypothesis. A 2010 research paper found that <a href="http://www.pnas.org/content/107/38/16489.abstract">$75k is the magic number</a>, after which, income does not directly correlate with happiness. Although we are schooled to equate material things with reaching success, these same items do not lead to emotional wellbeing. All the more reason to use any spare cash to buy experiences, not things.</p> <h2>Stuff Loses Its Appeal &mdash; Memories Do Not</h2> <p>In a 2014 journal article, wonderfully named, &quot;<a href="http://static1.squarespace.com/static/5394dfa6e4b0d7fc44700a04/t/547d571fe4b094d782c0e634/1417500738967/Gilovich+Kumar+%28in+press%29+Always+Have+Paris+Advances.pdf">We'll always have Paris</a>,&quot; psychologists Thomas Gilovich and Amit Kumar explore the longer term impact on happiness from experiences compared to material purchases. Their research found firmly in favor of spending money on experience rather than things.</p> <p>The scientific key to their research is &quot;hedonic adaptation,&quot; meaning that we get used to things we have, and therefore the pleasure we associate with them fades away. If you buy a new tech gadget, for example, you might experience some initial high, but this can be eaten away as the product degrades, as your friends parade their newer versions, and as warranties or repairs add onto the initial cost. After a relatively short time, you're used to having your new toy. The novelty has worn off, and you no longer derive pleasure from it. Hedonic adaptation has set in.</p> <p>On the other hand, that skydive, dream vacation, or meal out with friends lives forever in your memory &mdash; often getting better over time, rather than worse, aided by our natural inclination to remember things fondly with rose-tinted flashbacks.</p> <h2>Experience Is Social</h2> <p>A strong argument in favor of spending money on experiences rather than things is not about the experiences at all. It's about the people we share them with.</p> <p>Experiences are often naturally social events, and they strengthen the bonds with others who make us happy. Also, experiences are better shared than the act of buying stuff. The tales that you share over the dinner table with friends in years to come are much more likely to be about the time Uncle John got sunburnt on vacation, rather than the awesome SUV you drove there in.</p> <h2>Material Success Can Be Transient</h2> <p>Even the very oldest of Millennials joined the workforce only a few years before the Great Recession rocked the world, and for those graduating after, life has been even tougher. It's hardly surprising that Millennials are driving the sharing/gig economy more than any other generation. Research shows that they will value <a href="http://www.goldmansachs.com/our-thinking/pages/millennials/">access to, not ownership</a> of material things, shifting the emphasis away from actual consumption.</p> <p>Growing environmental awareness has its part to play in this shift, but having experienced the struggle of recession firsthand, Millennials are also conscious of the fact that material goods are transient and could be taken from you in an instant. Memories, on the other hand, can not be taken away &mdash; making spending on experiences, rather than things, the natural choice for this generation.</p> <p><em>What do you think? Tell us in the comments.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/claire-millard">Claire Millard</a> of <a href="http://www.wisebread.com/4-reasons-you-should-splurge-on-experiences-not-things">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-gifts-that-wont-become-clutter">9 Gifts That Won&#039;t Become Clutter</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/50-great-things-to-do-with-50">50 Great Things to Do With $50</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/chinese-money-habits-how-my-culture-influences-my-attitudes-toward-money">Chinese Money Habits - How My Culture Influences My Attitudes Toward Money</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-money-lessons-i-learned-from-three-weeks-in-europe">8 Money Lessons I Learned From Three Weeks in Europe</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-smart-reasons-to-last-minute-holiday-shop">9 Smart Reasons to Last-Minute Holiday Shop</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Shopping events experiences memories special occasions Splurge Thu, 21 Apr 2016 10:01:03 +0000 Claire Millard 1694626 at http://www.wisebread.com 7 Unexpected Costs That Could Ruin Your Wedding Budget http://www.wisebread.com/7-unexpected-costs-that-could-ruin-your-wedding-budget <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-unexpected-costs-that-could-ruin-your-wedding-budget" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/wedding_married_couple_000057036094.jpg" alt="Married couple dealing with unexpected costs that ruined their wedding budget" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Walking down the aisle is quite possibly the most expensive party you will ever throw in your life. In fact, the national average <a href="http://www.wisebread.com/budget-bride-131-savvy-ways-to-cut-wedding-costs">cost for a wedding</a> in 2014 was a staggering $31,000, according to a survey conducted by wedding guru site, TheKnot. That's enough money for a respectable down payment on a house in many parts of America.</p> <p>Just where is all the money going? Here are seven costs that are sure to ruin your wedding budget if you aren't careful, and a few tips to avoid that from happening.</p> <h2>1. Location, Location, Location</h2> <p>This term is often used in real estate, but also applies when it comes to planning a wedding. Locations can be fancy, like grand hotel ballrooms, or simple like casual backyard affairs. Just where you decide to have your wedding can take up a sizable portion of your wedding budget. According to TheKnot, wedding venues take up over $14,000 of that $31,000 average.</p> <h3>Saving the Dough</h3> <p>If you are looking to save money, ask around and find someone who is willing to rent you their nice backyard for a small fee, or negotiate a discount with a more traditional wedding venue for an off night, like say a Monday or Wednesday. Another option is to try for an alternate time of year, say winter when weddings aren't as common. (See also: <a href="http://www.wisebread.com/this-one-wedding-trick-will-save-you-thousands?ref=seealso">This One Wedding Trick Will Save You Thousands</a>)</p> <h2>2. Peek-a-Boo Costs</h2> <p>Many people forget to budget for expenses that seem to come out of nowhere. For example, it's customary to tip the staff at the venue 10%&ndash;20% at the end of the night. That's on top of the fee you've already paid them. Or what about alterations to make that wedding dress perfect? Those can run into the hundreds. Another peek-a-boo cost is parking fees. Your guests are going to need a place to park, and if you're having a VIP moment and want to pay for all the parking, be sure to add $250+ to your already exploding budget.</p> <h3>Saving the Dough</h3> <p>Cut out the extra expenses that guests don't expect you to pay for like parking, call on your Aunt Nancy who's a great seamstress for alterations to the dress, and use friends as servers if possible.</p> <h2>3. Roses Are Red</h2> <p>There is no doubt that flowers are magical. Not only do they smell amazing, but they also add a certain polished quality that every wedding longs for. Roses, the most favored wedding flower, also happen to be the most expensive wedding flower. A dozen roses can cost upwards of $20. Don't forget bouquets and boutonnieres.</p> <h3>Saving the Dough</h3> <p>Find a local flower mart where you can purchase flowers the day before your wedding for a significant discount. Many florist shops will also have last minute deals on the flowers that are left over, which would make equally amazing tabletop decorations at a fraction of the cost.</p> <h2>4. Say Cheese</h2> <p>Spending $5,000 on wedding pictures is so 2014. It's a given that you will probably spend the first year looking back over your thousands of pictures and reminiscing. However as time goes on, the urge to recount every last detail captured in pictures is somewhere near the bottom of the to-do list. With social media sharing, and every wedding guest essentially being a private wedding photographer, it's easy to still capture every moment, without the hefty expense.</p> <h3>Saving the Dough</h3> <p>Use a wedding app like <a href="http://www.wedpics.com">WedPics</a>, where you can create a free app that will let your guests upload unlimited wedding pics and videos to your own personal site. This way you can still capture Uncle Bobby's long-winded wedding speech, but do it on a budget.</p> <h2>5. Cheers</h2> <p>The endless debate rolls on whether a wedding requires an open bar, or a cash bar. It's obvious that the open bar can be a silent budget killer. Inevitably, there are one or two guests that have waited until this moment to see how many martinis they can drink in a five-hour span. The most expensive drinks at a wedding are anything that is classified as a mixed, or specialty drink, that requires hard alcohol.</p> <h3>Saving the Dough</h3> <p>If you don't have the stomach for a cash bar, think about drinks that aren't expensive like beer and wine. If possible, cater in your own alcohol that you can purchase from a discount merchant like Costco or Sam's Club. Better yet, have an open bar for a few hours, and then switch to a cash bar.</p> <h2>6. Plus One</h2> <p>If there was ever a time to RSVP, it is for a wedding. Unfortunately, many people fail to understand the importance, and instead show up without RSVPing or, worse yet, they RSVP for one, and bring a guest or two. Wedding budgets everywhere just throw their hands in the air. At $50&ndash;$100 a head, if 10 extra people showed up, that's an extra $500&ndash;$1000 in costs that weren't accounted for.</p> <h3>Saving the Dough</h3> <p>Make RSVPing easy for guests by offering online options like <a href="http://www.rsvpify.com">RSVPify</a>. Another idea is to add a healthy pad into the wedding budget of 15%&ndash;20% so you are prepared for any plus one catastrophes.</p> <h2>7. Where's the Beef?</h2> <p>Right behind location costs, food costs are the second highest expense. Why do we feel the need to always serve guests a gourmet five-course meal at $100 a head? Just because it's common, doesn't mean it's good for your budget. Guests are also used to having choices at weddings. Would you like the chicken, fish, or beef? It doesn't take a genius to figure out that beef is the highest priced entrée on the menu. On average, beef costs $8&ndash;$10 more than its chicken or fish counterparts, and yet beef happens to be the most requested dish on any wedding menu.</p> <h3>Saving the Dough</h3> <p>The easiest solution is to obviously avoid serving beef. However, there are many options to incorporate beef that will still offer the luxury feel, without the luxury price. Try serving a beef appetizer, where one steak will serve many.</p> <p><em>Do you have any wedding saving tips? Tell us about them. </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/shannah-game">Shannah Game</a> of <a href="http://www.wisebread.com/7-unexpected-costs-that-could-ruin-your-wedding-budget">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-ways-millennials-are-changing-marriage">4 Ways Millennials Are Changing Marriage</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-money-saving-tricks-to-know-before-buying-an-engagement-ring">12 Money-Saving Tricks to Know Before Buying an Engagement Ring</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-one-good-financial-reason-why-you-shouldnt-live-in-the-present">Here&#039;s One Good Financial Reason Why You Shouldn&#039;t Live in the Present</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-be-happy-and-married-24-tips-from-a-24-year-old-marriage">How to Be Happy and Married: 24 Tips from a 24-Year-Old Marriage</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-deal-when-your-spouse-is-suffering-from-burnout">How to Deal When Your Spouse is Suffering From Burnout</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Life Hacks Budgeting celebrations events marriage parties wedding Wed, 03 Jun 2015 15:00:09 +0000 Shannah Game 1438457 at http://www.wisebread.com Ask the Readers: Do You Attend Networking Events? http://www.wisebread.com/ask-the-readers-do-you-attend-networking-events <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/ask-the-readers-do-you-attend-networking-events" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3531041287_2392e60fe9_z-1.jpg" alt="Do You Attend Networking Events?" title="Do You Attend Networking Events?" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>Editor's Note: Congratulations to </em><a href="http://www.wisebread.com/ask-the-readers-do-you-attend-networking-events#comment-539426"><em>Francesca</em></a><em>, </em><a href="http://www.wisebread.com/ask-the-readers-do-you-attend-networking-events#comment-539245"><em>Betty D</em></a><em>, and </em><a href="http://www.wisebread.com/ask-the-readers-do-you-attend-networking-events#comment-539592"><em>JoAn</em></a><em> for winning this week's contest!</em></p> <p>Everyone has heard the saying &quot;it's not what you know, but who you know.&quot; Oftentimes having a connection at a company you want to work for can help you get your foot in the door and land a job! One of the best ways to connect with other professionals is to attend networking events.</p> <p><b>Do you attend networking events?</b><span style="font-weight:normal">&nbsp;If so, how often? How do you find events? Have you ever met someone at an event who helped you find a new job? Have you ever helped someone you met at an event get a job?</span></p> <p>Tell us if you attend networking events and we'll enter you in a drawing to win a $20 Amazon Gift Card!</p> <h2>Win 1 of 3 $20 Amazon Gift Cards</h2> <p>We're doing three giveaways &mdash; one for random comments, one for random Facebook &quot;Likes&quot;, and another one for random tweets.</p> <h3>Mandatory Entry:&nbsp;</h3> <ul> <li>Post your answer in the comments below&nbsp;</li> </ul> <h3>For extra entries (1 per action):</h3> <ul> <li>Go to our <a href="http://www.facebook.com/pages/Wise-Bread/26830741467?ref=ts">Facebook page</a>, &quot;Like&quot; us, and leave a comment on this article telling us you did, or</li> <li><a href="http://www.twitter.com/">Tweet</a> your answer. You have to be a follower of our <a href="http://twitter.com/wisebread">@wisebread account</a>. Include both &quot;@wisebread&quot; and &quot;#WBAsk&quot; in your tweet so we'll see it and count it. Leave a link to your tweet (click the timestamp for the individual URL) in a separate comment.</li> </ul> <p><strong>If you're inspired to write a whole blog post OR you have a photo on flickr to share, please link to it in the comments or tweet it.</strong></p> <h4>Giveaway Rules:</h4> <ul> <li>Contest ends Monday, July 16th at 11:59 pm Pacific. Winners will be announced after July 16th on the original post. Winners will also be contacted via email.</li> <li>You can enter all three drawings &mdash; once by leaving a comment, once by liking our Facebook update, and once by tweeting.</li> <li>This promotion is in no way sponsored, endorsed or administered, or associated with Facebook.</li> <li>You must be 18 and US resident to enter. Void where prohibited.</li> </ul> <p><strong>Good Luck!</strong></p> <div class="field field-type-text field-field-blog-teaser"> <div class="field-items"> <div class="field-item odd"> Tell us if you attend networking events and we&#039;ll enter you in a drawing to win a $20 Amazon Gift Card! </div> </div> </div> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/ask-the-readers-do-you-attend-networking-events">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-ways-freelancers-and-telecommuters-can-make-friends-and-network">11 Ways Freelancers and Telecommuters Can Make Friends and Network</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-networking-tips-for-the-recently-unemployed">7 Networking Tips for the Recently Unemployed</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-200-giveaway-what-is-your-top-question-about-personal-finance">Ask the Readers $200 Giveaway: What is Your Top Question About Personal Finance?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-whats-your-favorite-discovery-of-2010">Ask the Readers: What&#039;s Your Favorite Discovery of 2010</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-what-is-your-new-years-resolution">Ask the Readers: What Is Your New Year&#039;s Resolution?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Giveaways Ask the Readers events networking Tue, 10 Jul 2012 10:36:12 +0000 Ashley Jacobs 939803 at http://www.wisebread.com Concession stand treats – a license to print money. http://www.wisebread.com/concession-stand-treats-a-license-to-print-money <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/concession-stand-treats-a-license-to-print-money" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/30377387_8b579577d7.jpg" alt="Concession stand rip off prices" title="Concession stand rip off prices" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>I was at a local fair recently. The kids were hungry, I was thirsty and we all wanted a snack break. But my wife and I knew we&rsquo;d have to pay the price. At events like these, you&rsquo;re paying way over the norm for anything. A 16oz soda cost me $4, a simple burger was $8! By the time I had fed my family, I had very little change left from $35. And to be honest, the food was junk. Welcome, my friends, to the over-priced world of event concessions. </p> <p>It&rsquo;s actually a double-edged sword. As the consumer, you&rsquo;re paying the high price of being a captive audience. Be it a movie theater, zoo, church event or a local concert, you can expect to pay serious extra cash for a regular item. From the $5 bag of popcorn to the $4 corndog, these are premium prices for very ordinary foods. But you usually let it go, because you&rsquo;re having a good time. </p> <p>You may grumble as you hand over $9 (yes $9) for a beer, like I did recently at a Stevie Wonder concert, but it&rsquo;s all part of the show. And other than sneaking in food and drink, there&rsquo;s really not much you can do about it, other than not eat or drink at all.</p> <p>However, if you&rsquo;re a business owner or a charity or looking to do a little fundraising, concessions are a veritable goldmine. I did a little digging on this, which wasn&rsquo;t easy as it sounds. Most companies don&rsquo;t want you to know food markup percentages, with very good reason. However, a friend of mine recently did a fundraising event and when I asked him about his supplies, he gave me the number and website of a business called <a href="http://www.funfoodproducts.com/fundraising/index.html">Fun Food Products.</a> As you can clearly see, the markups on some of these concession stand items are enormous.</p> <p><img width="465" height="500" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u17/Picture_1_9.png" title="food markup" alt="food markup" /></p> <p>We&rsquo;re talking a 97% profit margin on a simple Sno-Kone! But on a hot day, with the sun beating down, those Sno-Kones are in high demand, and people will pay your asking price. </p> <p>So, you can use this information to save money, or make it. As a consumer, if you&rsquo;re going out to a gig or fair, go prepared. Grab a bite beforehand or if you are allowed, pack a lunch. We usually take a cooler with sandwiches and drinks if we know we can get away with it. </p> <p>If you&rsquo;re looking to make some money, whether it&rsquo;s for fundraising, charity or your own pockets, concessions are a great way to go about it. You could even hire someone to man the stand for you, at $8-$10 per hour you&rsquo;ll easily cover the cost of that person&rsquo;s salary with the huge markups you&rsquo;re making from the menu. </p> <p>Bottom line &ndash; concessions are very healthy for your bottom line as a business. But buyer beware, as a consumer this is daylight robbery and no mistake.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" data-pin-save="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2Fconcession-stand-treats-a-license-to-print-money&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FConcession%2520stand%2520treats%2520%25E2%2580%2593%2520a%2520license%2520to%2520print%2520money..jpg&amp;description=Concession%20stand%20treats%20%E2%80%93%20a%20license%20to%20print%20money."></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/Concession%20stand%20treats%20%E2%80%93%20a%20license%20to%20print%20money..jpg" alt="Concession stand treats &ndash; a license to print money." width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/concession-stand-treats-a-license-to-print-money">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ugggh-hic-i-justss-gotta-eat-somehicthing-my-top-10-homemade-drunk-snacks">Ugggh, (hic) I justss gotta eat some(hic)thing; my top 10 homemade drunk snacks.</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-sleek-marketing-ploys-aimed-at-getting-more-of-your-grocery-money">5 Sleek Marketing Ploys Aimed at Getting More of Your Grocery Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/optical-illusions-that-make-you-fatter-and-your-wallet-lighter">Optical Illusions That Make You Fatter and Your Wallet Lighter</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-gettin-baptized-in-the-watahhhhhhhhhhhhhhhhh-epiphany">The Gettin&#039;-Baptized-in-the-Watah Epiphany</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/emergency-food-supplies-for-the-lazy-skinflint">Emergency food supplies for the lazy skinflint</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Consumer Affairs Food and Drink beverages concerts concessions events fairs Food snacks Tue, 29 Jul 2008 17:58:18 +0000 Paul Michael 2276 at http://www.wisebread.com Special Events that Will Cost you Nothing http://www.wisebread.com/special-events-that-will-cost-you-nothing <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/special-events-that-will-cost-you-nothing" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/special event.jpg" alt="" title="D&amp;E&#039;s Photostream" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p class="MsoNormal">Want something to do, but don’t have the cash?<span> </span>Activities are popping up all over the U.S. that won’t even require you to bring your wallet!</p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">Like art?<span> </span>Need some theatre?<span> </span><a href="http://www.freenightoftheater.net/index.cfm">Free Night of Theatre</a>, a national program of Theatre Communications Group, Inc., offers participants up to 4 free tickets to several showings across the country!<span> </span>50 cities will be offering a free showing at some of the best not-for-profit theatres in the U.S.<span> </span><a href="http://www.freenightoftheater.net/shows/index.cfm">Check the website</a> for locations and showtimes.  We were also told about free tickets to <a href="http://content.smithsonianmag.com/museumday/">hundreds of museums</a>, compliments of Smithsonian Magazine and a participating museum near you on September 29th! (Thanks for the tips, <a href="http://deallocker.com/">Jonathan</a> !) </p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">Get healthy with a free screening sponsored by Kelloggs.<span> </span>Get your blood-pressure and cholesterol checked by health professional for no charge!<span> </span>You will also have access to fiber intake and body mass index to get you started in the right direction for a healthy lifestyle.<span> </span>Look up a screening at a <a href="http://healthybeginnings.com/cgi-bin/hb/find_events.pl?etype=Screenings&amp;zip=68154&amp;distance=5&amp;retailer=All+Retailers">retailer near you</a> for the date and time. </p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">Have you ever been fishing?<span> </span>Would you like to try?<span> </span>While most states hold their annual free fishing days in June, some (including California, New Mexico, and parts of New York) have a second day in September or October.<span> </span>These days allow anyone to fish without a license and are a great way to get outdoors!<span> </span><a href="http://www.freefishingday.com/freefishingsearch.html">This website</a> lists all the days for each state.</p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">If you’ve ever wanted to be a member of a live studio audience, check out <a href="http://www.tvtickets.com/">Audiences Unlimited, Inc.</a><span> </span>Studios in both CA and New York are offering free tickets to the shows seen on FOX, NBC, Disney Channel and more!<span> </span>Check the <a href="http://www.tvtickets.com/fmi/xsl/shows/recordlist.xsl?">schedule</a> for shows starting 30 days in advance of the taping.<span> </span>Some of the current shows include ‘Til Death, Two and a Half Men, According to Jim, and Rules of Engagement.</p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">Need some free samples?<span> </span>Want to try new products?<span> </span>Walmart will be offering a Dove Hair Care Event on Sept. 12th and 13th at <a href="http://walmart.triaddigital.com/enhancedrendercontent_ektid17832.aspx">these locations</a>.</p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">Are you a DIY’er?<span> </span>The Home Depot offers in-store clinics to show you how to do projects around the home.<span> </span>For even more fun, their Kids Clinics offer fun hands-on-projects for children to do with an adult.<span> </span>Build a birdhouse, toolkit, or stepstool to take home, and all kids receive a free child-sized orange apron and achievement pin!<span> </span>For locations and times, check out their <a href="http://www.homedepotclinics.com/">website</a>.</p> <p class="MsoNormal">&nbsp;</p> <p class="MsoNormal">Do you know of another free national event taking place this fall?<span> </span>Let us know at <a href="mailto:tips@wisebread.com">tips@wisebread.com</a> or post in the comments.<span> </span>We would love to hear about all the free fun to be had in your community! </p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/linsey-knerl">Linsey Knerl</a> of <a href="http://www.wisebread.com/special-events-that-will-cost-you-nothing">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/sell-handmade-goods-buy-cheap-handmade-goodies">Sell handmade goods, buy cheap handmade goodies.</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-ways-to-get-free-or-almost-free-airline-tickets">10 Ways to Get Free (or Almost Free) Airline Tickets</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/holiday-gift-giving-for-the-truly-broke">14 Gift Ideas for the Truly Broke</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/cheap-ways-to-display-your-art">How to Cheaply Display Your Art</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-freebies-for-college-students">20+ Freebies for College Students</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Art and Leisure arts events freebies Tue, 11 Sep 2007 14:36:56 +0000 Linsey Knerl 1146 at http://www.wisebread.com