transportation

5 Unforgettable Train Trips Across the U.S.

Lindsay VanSomeren — Fri, 07 Sep 2018 08:01:11 +0000

Train travel might be a thing of the past as far as a transportation mainstay, because it's much easier to hop on a plane and be across the country in a few hours rather than a few days via train.

But if you're the type of person who loves looking at the passing scenery while on road trips, a train trip might be just the thing for you. In fact, it could be even better, because you don't even have to worry about driving. On a train, all you need to do is kick back and enjoy the view.

From long-haul cross-country odysseys to short trips heading to destinations seldom seen, you'll want to make sure to cross these five U.S. train trips off your bucket list. (See also: 5 Fun, Affordable Train Trips)

1. California Zephyr

This long-distance Amtrak experience starts out at Union Station in Chicago and winds its way through the plains of Iowa and Nebraska. Lest you think the route is full of cornfields, however, the train starts ascending into the Rocky Mountains in Colorado, passing by the ski town of Winter Park and into Utah.

You can enjoy the red rock canyons that make Utah famous, and on hot days, thank your lucky stars that the cars have air conditioning as you pass through Nevada and into California. From here, the train passes through the Sierra Nevada until its final stop in Emeryville, California.

You can book coach seats for as low as $171 one-way on this train, however, be warned: This doesn't include any of your meals, and you'll need to sleep in your seat the entire way. If you prefer a private cabin with a bed and the smallest bathroom ever (literally — the toilet is inside the shower stall), you'll need to pay closer to $700 for the ride.

2. Durango and Silverton Narrow Gauge Railroad

If a short jaunt back in time is more your style, consider Colorado's Durango and Silverton Narrow Gauge Railway (named after its tracks, which are nearly two feet narrower the tracks on most trains, so as to better handle sharp mountain curves). This train has been in continuous service between these two historical towns in southwest Colorado since 1882, when it was launched to help carry silver and gold ore from remote mines in the San Juan Mountains. It's even been in 20 different Western movies, including Butch Cassidy and the Sundance Kid, and How The West Was Won.

A round-trip journey will set you back between $89-$219 (depending on which train car you choose) and takes a total of nine hours, including a two-hour stop in Silverton, before heading back for the day to its launch point in Durango. (See also: 5 More Fun, Affordable Train Trips)

3. Alaska Coastal Classic

Alaska is known as one of the most scenic places in the world, and one of the best ways to see all the sights is by train, since you won't need to be focused on driving safely through its narrow mountain roads. There are several train routes throughout the state, but one of the best is the Coastal Classic train. This train winds through thick, foggy forests along Turnagain Arm, where you can see the famous resident belugas and other whales if you're lucky.

This train starts out in Anchorage each morning at 6:45 sharp and heads down to the resort and fishing port of Seward, arriving just in time for lunch at 11 a.m. The train stays here for seven hours, offering you plenty of time to check out the many sights in Seward, such as the Alaska SeaLife Center or Exit Glacier. Finally, it makes a return trip back to Anchorage, arriving just in time for bed at 10:15 p.m. The cost for all of this depends on which cabin you book and when you go, but you'll pay somewhere between $172 and $351 per adult, round-trip. (See also: 6 Breathtaking and Affordable Alaskan Destinations)

4. Grand Canyon Railway

It used to be that if you wanted to see the Grand Canyon, the way to get there was by this very train, which began operating in 1901. Sadly, once cars took over, the train fell out of favor and shut down in 1968. The train had a glorious rebirth in 1989, however, when it reopened for service. Today, it's estimated that the train helps keep 50,000 cars out of Grand Canyon National Park.

A round-trip ticket on this train will set you back between $67 and $219 per person for a round-trip ticket, depending on the car you choose. The ride only takes two and 15 minutes hours each way, and the train stops at the Grand Canyon for a four-hour layover before heading back that afternoon. Along the way, you can expect to see a wide range of habitats from fragrant Pinyon and Ponderosa pine forests to open prairies. (See also: 10 Most Breathtaking Day Hikes in the U.S.)

5. Mount Washington Cog Railway

Northern New Hampshire's Mount Washington is the tallest peak in the Northeastern U.S. Luckily, if you're not a mountain climber, you can actually take an authentic cog railway — a train specifically designed to climb and descend steep inclines — all the way to the top and back.

This train began operating in 1869 as the world's first cog railway. Even though the train operates many environmentally-friendly biodiesel trains today, there's still a chance you could ride on one of the antique coal-powered trains. For this reason, the railway recommends wearing "dark clothing," to keep you from walking in wearing whites and come out wearing grays.

A round-trip ticket will set you back $72 per adult ($78 if you choose one of the coal-powered trains). You also have the option of paying $51 for a one-way ticket to the top and hiking back down (it'll take about five hours, and it's only recommended for those with the right gear and are in shape). The train trip up only takes an hour before reaching the summit where you can enjoy gorgeous, breathtaking views of up to five states at once, and even the Atlantic Ocean on a clear day. Bon voyage!

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This article is from Lindsay VanSomeren of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

How to Research a Home's Location Before You Buy

Carrie Kirby — Mon, 26 Mar 2018 09:30:19 +0000

When searching for the best qualities in a new a home, you've probably heard that location is everything. There's a reason for that. You can change nearly everything about a house except for where it's located.

To make sure you're going to love where you're located, you'd best research the heck out of your future block, neighborhood, city, and region. Here are the criteria to use when evaluating home locations.

1. The home market

You need to look at current home prices in a neighborhood to figure out not only whether you can afford to buy a house there, but also whether a particular house is priced fairly. In addition to current prices, look at the direction prices have moved over the past five years. Are you buying on the upswing or the downswing?

Realtor.com warns that neighborhoods with a number of houses lingering on the market for years, despite multiple price decreases, might be a warning sign of a bad investment. A good tool for researching an area's market history is Zillow's Home Value Index. Enter the ZIP code and get summaries of the price changes for the past five years, and a forecast for the next year. (See also: How to Learn About Your Home's History)

2. Crime

If you ask around, you'll get a wide variety of subjective impressions about whether a neighborhood is safe. But there is data out there that can give you a more realistic picture.

Trulia's City Guides include crime statistics and neighborhood crime maps for some of the biggest cities. Many city police departments have created their own crime data maps. CrimeReports has consolidated data from 1,000 different departments, searchable by ZIP code.

You can also plug an address into the U.S. Department of Justice's sex offender database to find out how many registered sex offenders live nearby.

3. Walkability

Whenever my family drives through a beautiful (and often expensive) mountainous neighborhood in Marin County, California, I shake my head and say, "I could never live here." Why? Because I like to be able to walk out my front door to run my errands, without getting in the car or worrying about being run down on the edge of the road.

If you're like me, check your future neighborhood's Walk Score, which rates the proportion of your errands that can be accomplished on foot. Highly walkable cities such as New York score in the high 80s, while certain neighborhoods, such as San Francisco's Chinatown (Walk Score: 100), qualify as a "Walker's Paradise." (See also: How to Evaluate a Neighborhood Before You Buy)

4. Public transit

The Walk Score website also ranks ZIP codes by the availability of public transit, a consideration that not nearly enough people consider when buying a house. Besides checking the score, look into how a neighborhood's transit would work for you. Does it go to your work? Would you be able to walk or bike to the train or bus, or would you have to drive there? And if you have to drive, how's the parking situation? Is there a backup form of transit if the main system is down or delayed? Get this information by looking up the websites of the local transit systems, asking locals, and — this is important — trying the commute before you commit.

5. Schools

Since I have three children, the quality of public schools has been a major factor both times we have relocated. For every house I've considered, I've looked up the local school on Zillow, and checked GreatSchools, which provides data on test scores, student progress, equity, and disciplinary issues, as well as reviews.

But schools are much more than just numbers. So if we got serious about a house, I'd dig deeper, researching the school by searching local parent bulletin boards and social media, asking local contacts about the school, and finally, touring the school.

Besides the general quality of a school, you should look at whether the school offers programs that are important for your family — for instance, foreign language instruction or a gifted and talented program. Another question to look into: Are there public charter or magnet schools your child could attend if the neighborhood school doesn't work for you?

Often, being in a better school district can explain why one house costs more than a similar house just a few blocks away. Some families may opt to take the cheaper house and use the money they save to send their kids to private school. It's all part of the equation.

6. Climate

My family once considered a move from Chicago to Montreal for a job. My husband and I figured that, having grown up in Wisconsin, we were used to snow and cold. But one statistic gave me pause: Montreal receives an average 82 inches of snow per year. That's more than twice Chicago's annual total. I realized that, while living in Chicago, not once had I wished for twice as much snow. We moved to California instead.

If you are considering a move to another geographical region, make sure you have a realistic idea of what the weather will be like year round and how that might impact you. How will it affect your utility bills? You might have loved the weather in Florida while you vacationed at the beach, but would you love having to run the air conditioner year round if you lived there?

One place to research weather is U.S. Climate Data, which will give you the average high and low for each month of the year, as well as the average sunshine and precipitation totals.

In this era of climate change, it's also worth considering not just the past, but the future. Check with FEMA's Flood Map to figure out if you'll need flood insurance. And if you are anywhere near the East Coast or Gulf of Mexico, check the national hurricane storm surge maps. Also read up on natural disasters in the area in the past few years. Have there been floods? Wildfires? Ask yourself if you are prepared to deal with more intense versions of those incidents in the future. (See also: 7 Other Kinds of Insurance You May Need to Buy for Your Home)

7. Seismic risk

Surprisingly few people seem to consider earthquake risk when buying a home. My own home sits precariously close to the Hayward fault in the San Francisco Bay Area, which some scientists say is overdue for a major earthquake. It didn't dissuade my family from buying, but we did decide to invest heavily in seismic retrofitting, shoring up our old house's foundation and certain walls to help it survive the Big One when it comes.

If you decide to buy in a quake-prone area, you will need to decide whether to purchase earthquake insurance. You may want an engineer to conduct a seismic inspection to see what has been or could be done to strengthen the structure.

Another consideration in seismic activity zones is the type of earth your home sits on. When my husband and I bought our first San Francisco condo, we found out after the fact that it was in a "liquefaction zone" — an area where the ground could act like a liquid during intense shaking. These homes are built on loose sand or landfill, and are much more susceptible to damage than homes built on more solid ground. You can investigate an area's liquefaction risk on U.S. Geographical Survey maps.

8. Taxes

Property taxes and sales taxes vary widely from one region to another — even from one suburb to another. States levy different amounts of income tax, and some (like Florida) have no income tax at all; check your income tax rate at The Tax Foundation. Sales tax is (literally) all over the map; you can look up sales tax rate at The Tax Foundation as well.

9. Homeowners' association

If you are buying a condo or a townhome, or even a stand-alone house in some communities, you may fall under the rule of a homeowners' association, or HOA. If you've never lived in one before, you might be surprised at the amount of power the HOA has over your choices as a homeowner. For instance, certain types of landscaping or pets might be banned, or you might be required to repaint your house even if you think it looks OK. If there are shared amenities, such as a community pool, there will be monthly dues to pay as well.

It's not enough to ask the listing agent if there is an HOA and how much the dues are. Experts recommend you request and review the past two years of meeting minutes; this is where you'll find out if the current homeowners are considering levying a big assessment for deferred maintenance, for example. You should also investigate whether the HOA's reserves are adequate. (See also: What You Need to Know About Homeowners' Associations)

10. Fun

Researching the location isn't all boring adulting. You'll also want to take a turn in the local downtown or arts district to see what's fun to do. Besides an in-person investigation, you can check a website such as NabeWise, which describes individual neighborhoods in select cities, listing their top attributes and areas in which they're weak. Also look at Yelp, which can give you the lowdown on local restaurants and other businesses.

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This article is from Carrie Kirby of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

8 Sacrifices That Will Supercharge Your Debt Payoff

Denise Hill — Wed, 21 Feb 2018 09:00:06 +0000

In order to get and stay out of debt, you have to shake things up. You need to change your thought patterns, financial habits, routines, and in some cases, your circle of friends. It requires intentional effort, diligence, and sacrifice. If you seriously want to get out of debt, here are the sacrifices that will expedite the journey.

1. Live on less

The long-quoted financial rule of thumb is that your housing should be less than 30 percent of your net income. If you're above that threshold, downsizing and moving to a cheaper place is one of the easiest and most drastic ways to lower your expenses. (See also: 7 Reasons You Need to Downsize)

If your housing costs are already under 30 percent of your gross income, and you're still in debt, you'll need to find other ways to save money as best as you can. Don't just draw the line at a smaller living space. Look for ways to cut costs across the board for your standard day-to-day expenses. Find ways to reduce your grocery bill, utilities, and water bill. The lower the costs of your lifestyle, the easier it is to pay down debt and stash some cash for a rainy day. (See also: 34 Smart Ways to Cut Your Electric Bill)

2. Pay with cash

A 2016 study, "Paper or Plastic?" How We Pay Influences Post-Transaction Connection, showed that items purchased with cash are valued more than items purchased with plastic. According to the report, spending cash feels the most "painful." Therefore, cash purchases become more meaningful.

Paying with cash makes you feel more connected to the experience. Pay for all consumer goods — including groceries and gas — with cash. You will spend less and appreciate your purchase more.

3. Get a side gig

One of the biggest sacrifices you often have to make in order to get and stay out of debt is your time. A great way to aggressively tackle your debt is by sacrificing a bit of free time and getting a side gig.

You can work part-time for a company, drive for Uber or Lyft, or even deliver pizza. Or you can do your own thing and freelance as a writer, photographer, or caterer. The key here is to find a way to turn your free time into money. (See also: 14 Best Side Jobs For Fast Cash)

4. Get cheaper transportation

Transportation is a sneaky little budget buster. According to the Bureau of Labor Statistics, transportation is the second largest spending category for an American family. The average household spends $9,049 annually — which is around 17 percent of the total budget.

Reducing transportation costs doesn't mean just getting a cheaper vehicle; it means lowering fuel consumption by taking fewer trips, combining errands, and mapping out travel routes. It also means using public transportation, ride-sharing or carpooling, and walking or riding your bike whenever possible.

5. Plan your meals

Convenience comes at a cost. Grabbing meals and snacks on the go is one of the quickest ways to blow your budget and eat up your income — literally.

Planning your meals and keeping snacks on hand can save you hundreds of dollars per month. Meal planning is also a great way to help you stick to your grocery budget. Try creating a menu for a week — or even a month — and making your grocery list from the menu you created. This will keep you from impulse buying and help you make fewer trips to the grocery store.

6. DIY

In America, we pay someone else to do everything. We pay to have our clothes cleaned, our dogs walked, and our toenails painted. If you simply cut back on some of the things you are paying someone else to do and invest the time and energy it takes to do it yourself, you could save a whole lot of money.

Take a minute and think about all the services you outsource. Which of those could you possibly do yourself? Can you cut your own hair? Do your own Mani-Pedi? Can you cut your own grass and trim your own hedges? Clean your own carpet? How about simple car maintenance — can you change your own oil or perform other small repairs? Can you alter your own clothing?

YouTube is DIY heaven. Find an instructional video on how to do what needs to be done and get to it.

7. Limit screen time

Instructional videos aside, TV and the internet are often counterintuitive to your efforts to get out of debt. It's estimated that the average person is exposed to 10,000 brand messages per day. Let that sink in. You are being bombarded with images and subliminal messages encouraging you to spend money. You've got to occasionally unplug and allow yourself to mentally detox in order to have the focus, drive, and discipline it takes to get out of debt.

Limiting time spent watching television, engaging in social media, and surfing the web will help you avoid spending. And if you get rid of redundant, overlapping services, you can save even more money. Consider how much you are spending on cable, internet, and subscription services like Hulu or Netflix. Work to ensure that the time you do spend watching TV or browsing online is productive and supports your efforts to be fiscally responsible.

8. Find frugal friends

"Show me your friends and I'll show you your future," is a saying that is steeped in truth and wisdom. Who you associate with directly impacts who you'll become. Hanging around people who spend big, waste money, and have to have the finer things in life — despite the cost — will keep you broke and chained to debt forever. Your friends influence your life decisions, which is why it is critical you find people that are headed in the same direction as you and share your value system.

Befriend people from Facebook groups, websites, podcast communities, and other groups that promote getting out of debt and saving for retirement. Changing your social circle is one of the most critical and beneficial things you can do to get and stay on a path to financial freedom. (See also: 10 Types of Friends Who Are Costing You Money)

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This article is from Denise Hill of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

The 5 Best Electric Bicycles

Andrea Cannon — Wed, 02 Aug 2017 08:00:08 +0000

An electric bicycle can provide the perfect hassle-free commute for urban dwellers. The alternative form of transportation can save you money on parking, gas, and car maintenance. It can also help you quickly navigate through traffic, cut down on your commute time, and reduce your impact on the environment. Best of all, in most states, you don’t even need a license or registration for your new e-bike.

What is an electric bicycle?

An electric bicycle has pedals and an electric motor, so it looks like a bike but rides like a motorcycle. The rider can usually choose to manually pedal the bike or use the electric power of a battery and motor.

An electric bike puts much less stress on the knees and joints, so they are less tiresome to ride than a traditional bicycle. Pedal-assist can help you go further with less effort by assisting when you are climbing up hills and reducing how much you need to pedal.

Top 5 electric bicycles

Ancheer Power Plus Electric Mountain Bike

Amazon’s #1 best-seller in adult electric bicycles, the Ancheer Power Plus Electric Mountain Bike has a lightweight, ergonomic design that allows for easy travel and storage. It has a power display, carbon steel comfort shock absorption, anti-slip wear-resistant tires, high-efficiency front and rear disc brakes, adjustable seat, bright headlight, horn, three-speed smart meter button, and high-carbon aluminum alloy frame. It has two modes: e-bike and assisted, so you can enjoy pedal-assist for easier cycling. The quiet, antiskid high-speed brushless gear motor can go up to 30 miles at more than 15 mph.

It includes a removable environmentally friendly lithium ion battery for low carbon travel, a smart lithium battery charger, and easy charge port system for easy charging in four to six hours. It also includes a tool kit and assembly instruction video, or you can choose the free assembly service. This is one of the “most wished for” items on Amazon and is frequently recommended online.

Currently $615.99 on Amazon

Cyclamatic CX2 Bicycle Electric Foldaway Bike

The convenient Cyclamatic CX2 Bicycle Electric Foldaway Bike quickly folds in half for easy storage and transport thanks to a unique quick-lock-release system and quick-release front wheel. It features six-speed Shimano gears and front and rear electric lights. The powerful 250-Watt brushless motor is low maintenance and can go a max distance of 31 miles at a max speed of 15 mph. The upgraded quick-release lithium ion battery offers a full recharge in four to six hours.

You can use this as a normal bike or with the "partial electric assist" mode to get you further with less effort. It is also safe to ride in the rain thanks to front and rear mud guards. It is ideal for anyone who doesn’t have a lot of space to devote to a new bike. It is an Amazon best-seller and has outstanding reviews online.

Currently $549.99 on Amazon

Watseka XP Cargo-Electric Bicycle

The Watseka XP Cargo-Electric Bicycle offers both selectable pedal assist and a twist throttle for greater rider flexibility. It reaches speeds up to 14 mph and travel distance up to 18 miles. It has plenty of power thanks to a 250-Watt brushless rear drive motor with a 36V 9Ah removable AGM battery pack for long lasting battery life. It also has impressive features like a step through/low step frame design, easy shift six-speed Shimano gear set, telescopic front-fork suspension, seat springs, adjustable seat and handlebar height, and easy tilt seat design for quick battery removal.

The commuter bicycle offers the ultimate in convenience thanks to a front basket and rear cargo rack. It also includes a charger, front light, rear light, horn, bell, and two ignition keys. It is available in two colors and only requires minor assembly. It comes from the trusted Watseka brand and is recommended by Heavy.com.

Currently $499.99 on Amazon

SWAGTRON SwagCycle E-Bike

The SWAGTRON SwagCycle E-Bike offers a pedal-free design that feels like a bicycle but rides like a moped. The lightweight folding e-scooter features a durable aerospace-grade aluminum frame, bright headlight, brake light and reflector, horn, and micro USB charging port. It can go 15 mph and has a 10-mile range. It uses a high-capacity 36V lithium ion battery and a 250-Watt motor that recharges in as little as two and a half hours. With the handlebar display, you can accelerate, brake, check battery life, turn on the headlight, and honk the horn. The collapsible front stem allows you to easily store and transport the bike.

This has zero emissions and is eco-friendly. It is available in black or white, and includes a charging adapter. It is an Amazon best-seller and one of the “most wished for” items on Amazon. It is also covered by a one-year limited warranty.

Currently $399.99 on Amazon

Cyclamatic Power Plus CX1 Electric Mountain Bike

The Cyclamatic Power Plus CX1 Electric Mountain Bike features a premium mountain bike frame design with the convenience of three pedal assist modes. It is easy to use thanks to a quick-shift 21-speed Shimano gear system, quick release front wheel, and Kenda Tyres. The upgraded model also has a 250-Watt brushless motor and upgraded lithium-ion battery for a smoother ride. The comfortable bike can reach speeds of up to 15 mph, with a range of 25-31 miles per four- to six-hour charge.

The popular e-bike is suitable to ride in most terrains and can be safely used in the rain. It has minimal assembly and comes with free optional professional bike assembly and basic fit. It also comes from the trusted Cyclamatic brand and is recommended by Heavy.com.

Currently $549.99 on Amazon

And those are our recommendations for the best electric bicycles. As always, be sure to check Wise Bread's Buying Calendar to learn when and how to buy just about anything!

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This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

7 Countries Where You Can Travel on $30 a Day or Less

Nick Wharton — Wed, 12 Jul 2017 08:30:17 +0000

Many people believe that traveling is extremely expensive, and while this may be true if you're expecting five-star hotels and luxury cruises, on the whole it's a misconception. There are countries all over the world where, thanks to the low cost of living and (in some cases) strong U.S. dollar, it's possible to get around on a very low budget.

Traveling on the cheap is certainly not for everyone and it often means making a few sacrifices, but choosing the right place to visit is half the battle. Here are seven countries where you can travel on $30 a day or less. (See also: 10 Things You're Paying Too Much for When You Travel)

Unless otherwise stated, all figures quoted are referenced from numbeo.com, the largest database of user contributed data about cities and countries worldwide.

1. Thailand

Nicknamed "The Land of Smiles" thanks to its welcoming and friendly reputation, Thailand is the original backpacker's paradise. Its mix of stunning tropical islands, bustling cities, mouthwatering food, and vibrant night life has seen its popularity explode in recent decades. Despite this huge growth in visitor numbers, Thailand's prices have remained extremely low and it's still one of the cheapest countries to visit in the whole of Southeast Asia.

Hostel dorm beds are available for as little as $1.47 per night. While I was there in 2014 I found private double rooms for just $7 a night. A meal at an inexpensive restaurant will cost $1.77, and a pint of domestic beer costs the same.

Top money saving tip: Take advantage of the amazing street food in Thailand. It's famous for being some of the best in the world and is also some of the cheapest, with some meals costing as little as $1. (See also: How to Eat Street Food Safely While Traveling)

2. Bolivia

Bolivia is often overlooked as a travel destination in favor of more illustrious South American countries such as Brazil, Argentina, Chile, and Peru. That's a real shame, because this diverse country shares some of the most impressive landscapes on the continent with them, accessible at a far cheaper price. Sections of the Andes Mountains, the Amazon Rainforest, and Lake Titicaca all lie within its borders, as well as its crowning jewel, the Salar de Uyuni — the world's largest salt flat.

Hostel rooms are available for as little as $6 per night. A meal at an inexpensive restaurant will cost $3.50, and a pint of domestic beer can be as cheap as $2.10.

Top money saving tip: Eat lunch at local markets where two-course specials are available at rock-bottom prices. (See also: 4 Secrets to Eating Great Food for Cheap While Traveling)

3. China

China is a country of massive contrasts. Ancient history meets cutting edge modernity, small cities house millions of inhabitants, and landscapes range from arid deserts to the freezing "ice city" of Harbin. With its vast size and population of over 1.3 billion people, it's a fascinating country with so much to explore that it can be overwhelming.

But China is also very affordable for travelers from the U.S. and other nations with strong currencies.

Hostel dorm rooms are available for as little as $2.93 per night. A meal at an inexpensive restaurant will cost $2.95, and domestic beer can be as cheap as (0.5 liter draft) 89 cents.

In my experience in small-town China, you can buy large beers at the grocery store for as little as 30 cents and bring them into almost any restaurant, no questions asked. Sometimes the staff will even keep them in their refrigerator and open them for you.

Top money saving tip: Spend less time in the big cities where costs, particularly for accommodation, are higher. (See also: 5 Amazing Travel Destinations You Thought Were Unaffordable)

4. Mexico

For many, the mention of Mexico conjures up images of palm-fringed beaches and large seafront resorts catering to sun-seeking vacationers. While this is a side of Mexico that exists, there is so much more of interest in this country, from its rich history to its heavenly cuisine (the latter was listed by UNESCO as an Intangible Cultural Heritage of Humanity). There's also a surprising amount of wildlife that doesn't get the recognition it deserves, with black bears, flamingos, crocodiles, and a wide variety of marine life.

Hostel rooms are available for as little as 50 cents per night. A meal at an inexpensive restaurant will cost about $5, and domestic beer can be as cheap as $1.38.

Top money saving tip: Avoid the popular coastal areas, which are more pricey. Head inland instead to towns like Guanajuato and Valladolid. (See also: 8 Most Affordable Beach Towns in Mexico)

5. Ukraine

As one of the least visited countries in Europe despite being the second largest, Ukraine can be a difficult place to travel in at times. English is not widely spoken, and the Cyrillic alphabet means it's not possible to glean any meaning from the written language.

It's also important to be aware that Ukraine has a volatile recent history, and parts of it are still off-limits to visitors due to ongoing political disputes with neighboring Russia. However, with a little bit of effort you'll discover an enchanting country that's brimming with tradition and warmth.

Hostel rooms are available for as little as $3.09 per night. A meal at an inexpensive restaurant will cost $3.84, and domestic beer can be as cheap as 58 cents.

Top money saving tip: Use overnight trains for long-distance travel. They're inexpensive and will save a night's accommodation as well. (See also: 5 Incredible World Cities You Can Afford)

6. India

Spirituality, wildlife, chaos, color, and excitement collide in this enormous and at times perplexing country. All of your senses will be engaged while you make your way through India, as you try to make sense of what is truly a country like no other. Though at times it can be overwhelming, the countryside is as calm and tranquil as the big cities are tumultuous.

Hostel rooms are available for as little as $2.16 per night. A meal at an inexpensive restaurant will cost $2.33, and you can get a pint of domestic beer for as little as $1.55.

Top money saving tip: Always haggle for everything. The original price you're quoted is likely to be highly inflated but shouldn't be the price you pay.

7. Egypt

Egypt is most celebrated for being the home of the great Pyramids of Giza, built to immortalize the Pharaohs who reigned these lands over 5,000 years ago. It's said to be the birthplace of western civilization, making it the perfect destination for history buffs and intrepid explorers. Being on the boundary between North Africa and the Middle East lends the country a unique and remarkable mix of two very diverse cultures.

Hostel rooms are available for as little as $2.21 per night. A meal at an inexpensive restaurant will cost $3.04, and domestic beer can be as cheap as $1.19. When I was there last, I was eating filling meals of falafel, bread, and chips for just 50 cents!

Top money saving tip: Shop around when booking activities, there are lots of companies offering very similar things at hugely varying prices.

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This article is from Nick Wharton of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

5 Countries Where You Can Retire for $1,000 a Month

Nick Wharton — Tue, 11 Jul 2017 08:30:11 +0000

Most of us dream of retiring to a life of leisure, with a nest egg that will enable us to live comfortably. But according to the Government Accountability Office, up to two-thirds of workers are at risk of not maintaining the same standard of living they enjoyed pre-retirement.

Moving to a new country to live out your retirement could provide the perfect solution. Numbeo's Cost of Living Index has the U.S. listed as the 18th most expensive country to live in, meaning retirees have a huge number of cheaper countries to select from. Here are five countries where you can retire on $1,000 per month or less. (See also: 5 Countries That Welcome American Retirees)

1. Thailand

Thailand is best known for its tropical islands and exciting big cities, but it's also a destination where an increasing number of overseas retirees are settling down. It's got the magic combination of being well-developed while maintaining very low living costs.

Cost of living

Groceries are well-priced and good quality, and fresh produce is widely available. According to Numbeo, the average price of a loaf of bread is $1, a dozen eggs is $1.60, and a pound of rice costs just 50 cents. A three-course meal for two at a midrange restaurant costs $18, so you'll also be able to enjoy regular evenings out.

The transport infrastructure in Thailand is also good, with tuk tuks, taxis, and public transport providing easy ways to get around. Costs are low, with Numbeo suggesting the flag fare for an average one-way taxi ride is about $1, plus 50 cents per mile after that.

Typical fixed costs per month:
Rent for one-bed apartment in city center: $440
Utilities: $68
Internet: $20

Visa requirements

Retiring in Thailand is not so difficult either, as the country offers a one-year retirement visa for those age 50 and older, which is renewable every year in Thailand. You will have to report to the immigration department every 90 days. According to the Thai Embassy website, applicants must:

Be 50 or older.
Have no criminal record in Thailand or the country where you are applying.
Apply in your country of nationality or residence.
Not have prohibited diseases, including tuberculosis or drug addiction.
Have monthly income of 65,000 baht ($1,984 at the time of writing) per month, or a Thai bank account with a minimum deposit of 800,000 baht ($24,420 at the time of writing) in savings.

2. Bolivia

Although not the most fashionable country in South America, Bolivia is a great retirement option for outdoor lovers. From the Amazon rain forest to the Andes Mountains, there's an abundance of beautiful landscapes to explore. It's also one of the most affordable countries in South America.

Cost of living

The cheapest place to buy fresh produce is from the local markets throughout the country, but there are also many supermarkets with wider selections of international goods. As of this writing, Numbeo lists the average price of a loaf of bread as $1.10, a dozen eggs as $1.40, and a pound of rice as 50 cents. Splashing out on a three-course meal for two at a midrange restaurant will cost $16.

Transport systems in Bolivia are not the most advanced, but there are good public bus networks and inexpensive taxi services in most areas. According to Numbeo, the average cost of a one way bus fare is about 30 cents, and the starting fare for a taxi is $1.15 with $1.85 added for each mile.

Typical fixed costs per month:
Rent for one-bed apartment in city center: $274
Utilities: $46
Internet: $68

Visa requirements

To retire in Bolivia, you’ll need to first apply for a specific purpose visa (visa de objeto determinado, in Spanish) with the Bolivian consulate in your country. The specific purpose visa is a travel visa that allows you to be in Bolivia for 30 days. During these 30 days you must begin your application for residency. One of the main requirements for retirees is proof that you can support yourself financially while living in Bolivia. You’ll usually be required to submit six months’ worth of recent bank statements. You’ll also need to get a police clearance.

Once you've turned in your residency application and have completed all the requirements for residency, you can remain in Bolivia until the government either accepts or rejects your application. During this time you will get a document that shows your residency application is "en trámite" (being processed).

The application process for residency in Bolivia is not complicated, but requires a fair amount of running around to different institutions. Still, the cost of living is so low here that it’s worth the effort to apply.

3. Nicaragua

Central America's largest country has become a popular destination for retirees in recent years. The scenery is dramatic and lush, with numerous volcanoes peppering the countryside, verdant rain forest covering large portions, and coastal areas lined with white sand beaches.

Cost of living

Between the markets and the major supermarkets, one of which is owned by Walmart, it's possible to get virtually everything you're used to in the U.S. The average price, according to Numbeo, for a loaf of bread is about $1.50, a dozen eggs run about $1.75, and a pound of rice 54 cents. A three-course meal for two at a midrange restaurant will run you $23.

Buses, taxis, and mototaxis are the most popular and inexpensive forms of transportation, with many of the buses being the familiar old yellow school buses imported from the U.S. Numbeo lists the average fare as just 50 cents, while the starting tariff for taxis is 67 cents. Each mile after that costs $1.38.

Typical fixed costs per month:
Rent for one-bed apartment in city center: $318
Utilities: $72
Internet: $67

Visa requirements

Nicaragua’s Law of Resident Pensioners and Retirees gives tax incentives to encourage foreign retirees to move to the country, and makes it relatively easy to obtain a residency.

To qualify, you’ll need to be at least 45 (or married to someone who is 45 or older). You’ll also need to prove you’re healthy (both mentally and physically), you have a clean criminal record and that you earn at least $600 a month from Social Security or another income source.

4. Malaysia

Year-round warm temperatures, stunning beaches, and diverse, bustling cities make Malaysia a great choice for people on the lookout for top spots to retire. Thanks to English being spoken by virtually everyone, it's an easy place to get by without learning a new language.

Cost of living

Though it's easy to get your hands on international branded goods, local produce is far cheaper and of good quality. The average price for a loaf of bread is 70 cents, a dozen eggs will cost you about $1.25, and a pound of rice is available for 45 cents, according to Numbeo. Eating out is a particular pleasure is Malaysia, thanks to the unique fusion of cuisines found here. It's also cheap at just $12 for a three-course meal for two at a midrange restaurant.

Kuala Lumpur, the capital, is well connected by trains and buses, while the rest of the country is serviced by good bus networks. The average price of a one way train fare is 60 cents, and taxis are also a price-effective option, with starting tariffs of 72 cents and a per-mile cost of just 78 cents.

Typical fixed costs per month:
Rent for one-bed apartment in city center: $348
Utilities: $45
Internet: $39

Visa requirements

Retiring in this modern Asian country is surprisingly easy with its MM2H or Malaysia My Second Home program, a 10-year renewable visa. When applying, you must show that you have a regular monthly income of 10,000 Malaysian ringgit ($2,420 as of this writing) and liquid assets of at least RM350,000 ($84,700 as of this writing). You’ll also need to get a medical exam in Malaysia, and show proof that you have medical insurance and no criminal record.

Once approved, you’ll need to either keep a fixed deposit of RM150,000 ($36,300 as of this writing) or prove that you receive Social Security payments of RM10,000 a month ($2,420 as of this writing). After a year, if you have a fixed deposit, you can withdraw RM50,000 ($12,100 as of this writing) from it for approved expenses related to buying a home or car, paying medical bills, or covering your children’s education in Malaysia.

5. Georgia

No, we're not talking about the state tucked down in the southeast U.S., but a tiny nation that lies on the edges of both Europe and Asia. Though it's little known, Georgia is growing in popularity, especially among retirees, thanks to its beautiful countryside and extremely low living costs.

The city of Tbilisi is, in my opinion, one of the more charming cities in Europe and makes for the ideal place to live. Beautiful cobblestoned streets maze their way through ancient churches and old stone buildings, all spilling down the hillside toward the lovely Kura River. Historic pubs place tables on the streets, the wine is fantastic, and both ancient and modern life and architecture are brought together in the city.

Cost of living

Georgia is known for its abundance of fresh produce, as well as reputedly being the birthplace of wine. Both are extremely cheap in this country, as are most groceries. A loaf of bread is about 30 cents, a dozen eggs come in at about $1.40, and a pound of rice at 40 cents. Eating out is also reasonable at $20 for a three-course meal for two at a midrange restaurant.

Transport in the capital Tbilisi is excellent, with a metro system as well as good bus links and cost-effective taxis. Elsewhere in the country, buses and trains are easy to use. The average fare is just 20 cents, and taxis start at around $1.20, with it costing 35 cents per mile after that.

Typical fixed costs per month:
Rent for one-bed apartment city center: $303
Utilities: $50
Internet: $12.74

Visa requirements

Georgia grants visitors incentives to invest and retire in the country. Citizens of the US and 49 other countries can enter Georgia and stay visa-free for one year. This is a good way that would-be retirees to sample the country before committing to full retirement.

If you do decide to retire in Georgia, you may want to opt for an investment visa. You’ll have to invest 300,000 GEL (around $117,000 at the time of writing) in order to apply for the visa, but once you have it you can remain in Georgia full time and enjoy the lower tax benefits of this relatively free economy. (See also: Retire for Half the Cost in These 5 Countries)

This article is from Nick Wharton of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

10 Ways for College Students to Save Loads of Money

Amanda Gokee — Tue, 23 May 2017 08:30:12 +0000

Between big expenses like tuition and housing, and smaller everyday expenses such as school supplies and coffee, the costs of being a student can rack up fast. According to the College Board, tuition, fees, and room and board at a public four-year in-state school cost an average of $20,000 a year.

But there are a lot of ways for students to save money. Here are 10 ways to tackle expenses of every size. (See also: 12 Easy Ways to Avoid Student Loan Debt)

Big savings

Tuition and housing make up the bulk of student spending, so finding ways to reduce those costs can pay off big.

1. Look at off-campus housing for lower rent

While living on campus can be a fun college experience, university housing often comes with a big price tag. Room and board at my private university cost approximately $10,000 a year — that's about $1,250 for the eight months school is in session.

You may be able to find more competitive rents off campus. Check websites for apartment listings in your college town.

Also talk with your university's housing department about opportunities for free housing that may be offered if you provide advising services to younger, first-year students. This could result in huge savings and be an interesting college experience.

2. Apply for scholarships to save money on tuition

Tuition is often the most expensive part of going to school, with some private institutions in the United States charging as much as $33,000 — and that doesn't include room and board. While federal financial aid can help, it's often not enough.

There are a plethora of scholarships available, both locally and nationally, that you can apply for. The best part is, unlike federal student loans, scholarships don't have to be repaid. To find them, check with your university's financial aid office, your high school guidance counselor, your parents' employers, and organizations related to your field of study. Also try using the U.S. Department of Labor's free scholarship search tool.

Medium savings

Textbooks, entertainment, and transportation all add significant costs to your overall college bill. Try trimming or offsetting these expenses with these suggestions.

3. Save on textbooks

Textbooks can have a very high price tag. When I was a student, I remember books costing up to $100, and sometimes even more for specialized course booklets that included all of the semester's reading assignments. With multiple classes and most classes assigning at least five books per semester, it was easy to spend at least $500 on books alone in a semester, or $1,000 per academic year.

Buying used textbooks is one way to save. In my experience, they cost about half the price of new books. You can buy books directly from students who have already taken the course or check online retailers like Amazon for deals on used books.

Another option is to rent your textbooks, which means that you will pay a smaller amount upfront to the bookstore, but that the book won't be yours to keep at the end of the semester. Chegg and Amazon both offer rentals, and both claim you can save up to 90 percent by renting.

Alternatively, you can cut out the cost of books entirely by checking them out for free at your college library. Supplies are limited, so you may have to wait to get the book you need, but you can't beat the price. (See also: 20 Places to Buy or Rent Textbooks)

4. Sell back your textbooks at the end of the semester

Chances are, you can get some of your textbook investment back by selling your books when you're done using them. You can likely make back a couple hundred dollars at the end of the semester. One easy option is to use Amazon, which has a streamlined process for buying back books for up to 80 percent of what you originally paid. Amazon will then sell the book used. You can also check with your university bookstore, as it may have a program in place to buy back books.

A third option is to sell the book yourself. By cutting out the middleman, you'll get to pocket more money from the sale. You can ask around, or post notices on bulletin boards or online to find other students who are going to take the same class. If the book is required reading, chances are you will be able to find a buyer fairly easily with just a little bit of extra work.

5. Participate in studies to earn cash

If you don't have the time to commit to a full-time job, there are plenty of ways to earn on campus without the commitment. Check in with different departments about research studies that they may be running.

These opportunities can range from writing tests to filling out questionnaires. Once, I was paid $100 an hour to have scans taken in an MRI machine.

6. Take advantage of free facilities

Familiarize yourself with everything your college or university offers on campus. You can save $50 and up a month on an expensive gym membership, for example, if you have access to this type of amenity for free as a part of your tuition. Some schools also offer free tutoring, software, legal services, and psychological counseling. All of these can save you money.

7. Reduce transportation costs

If you live off campus, consider ditching your car for an economic bicycle that will get you to class for free, saving you on the cost of gas, maintenance, and parking. Public transportation may be another way to get where you need to go without paying car and parking expenses. When you go home at the end of the semester, check with friends and on-campus forums to find out if you can find a ride with someone and split the gas costs.

Small Savings

Even small savings can add up. Check out these ways to pare your everyday expenses.

8. Save on coffee

Some college students have a costly coffee dependency, and at a cafe you can expect to spend as much as $3 to $4 on a coffee. If you are buying coffee once or twice a day, in a month you could be spending over $150!

While a coffee maker might cost you a little bit up front, if you are a big coffee drinker it will pay for itself within the first month. Plus, with Italian coffee makers (around $30, depending on which size pot you choose), you can get stronger coffee and a better buzz for late night studying or just getting to your 5 o'clock class.

The Handpresso is a handheld espresso machine that is as convenient as it is cheap. Simply pump, add boiling water, a coffee pod or loose espresso grounds, and press a button for delicious coffee. Based on my experience buying ground coffee and milk in the grocery store, an Americano with milk only costs around 30 cents per coffee using this machine.

If you make two 30-cent coffees per day, rather than buying two at $3 a cup, by the end of the year you could save nearly $2,000 in coffee expenses!

9. Find free events and entertainment

Check if your university offers free lectures, movie screenings, concerts, or other arts events instead of paying big bucks to go to ticketed events. You'll be surprised how much you can do for free with just a student ID. Signing up for a newsletter will help you to stay on top of the cool speakers that the university is hosting.

Also use your college library, not just for studying but for entertainment options. Take advantage of newspapers, magazines, and movies that the library offers you to check-out, all completely free. By opting for this type of entertainment and reading materials, you can save a lot of money. With the average movie ticket costing around $9, if you instead go to two free movies per month or watch DVDs from the library, you'll save over $200 by the end of the year.

10. Stay in style for less

Trends move fast, and buying new clothes all the time can add up to significant costs for students. You don't have to completely forget about fashion for four years to stick to a tight budget. Check out thrift stores for fashions at a tiny fraction of the cost of new clothing. Also, find out about consigning the items you no longer want at the end of the semester.

Doing the math

Each item on this list may not seem like a lot — a coffee here, a movie ticket there — but when you add it all up over the course of the year, it can mean big savings for students. It's worth the effort to examine which of these costs you could cut, and then start realizing those savings.

This article is from Amanda Gokee of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

The 5 Best Folding Bicycles

Andrea Cannon — Thu, 27 Apr 2017 08:00:10 +0000

Most people simply don’t have enough space to store a bike. Fortunately, a folding bike can get you where you need to go without taking up much space. This makes them particularly ideal for apartment dwellers, commuters who want to bring their bike on public transit, or anyone who just can’t devote the storage space for a bike.

Whether you want to take up riding or want to pursue new affordable transportation options, a folding bike can provide just what you need, without sacrificing much. Some folding bicycles even work for long distances thanks to the small, strong wheels, but they normally aren’t as fast or as stable as a traditional full-size bike.

What Is a Folding Bicycle?

A folding bicycle is a bicycle designed to conveniently fold into a compact size when it’s not in use. This makes it easy to transport and store. They can fold up so small that you can store them in your apartment, office, or even the trunk of your car. The best part about having your compact bike with you at all times is you never have to lock it up or worry about theft.

Folding bikes come in a wide range of sizes, colors, and options. When you’re shopping for one, you’ll want to find something lightweight and durable that can be folded up small, in no time flat.

Top 5 Folding Bicycles

Dahon Mariner D7 Folding Bike

The Dahon Mariner D7 Folding Bike is designed for boaters and anyone who likes to take their bike to the beach. The durable bike is built to withstand the elements and the rust-resistant coating and chain can withstand salty air, making it ideal for boat storage. The low-profile design features a brushed aluminum frame, 20-inch wheels, seven different speeds, a high seat, and adjustable handlebars for optimal riding comfort. The flexible riding system also allows you to adjust your ride position to suit different road conditions. It also features a Dahon Neos rear derailleur for smooth, quick shifting. It conveniently folds up in less than 15 seconds and easily unfolds in seconds. It is light enough to carry on public transport and small enough to store in your apartment or boat hold.

Consumer Search deemed this the best folding bike and it is recommended by Heavy.com. The Dahon Vitesse i7 7-Speed Folding Bicycle is another highly rated option.

Currently $579.00 on Amazon

Schwinn Folding Bike

The Schwinn 20-Inch Loop Folding Bike folds up small in just 15 seconds for easy transport and storage. The step-through design features a low standover frame and rigid fork, which makes it easier to mount and dismount. It features 20-inch wheels, mounts for a water bottle and rear rack, and alloy linear pull brakes for a smooth ride. The seven-speed functionality with shifters can also help you get up hills easily. It also has a stay clean pant guard and front and rear fenders to keep dirt off your clothes.

Reviewers agree that this can provide a stable, comfortable ride. It comes in various colors and includes a heavy nylon storage bag. It is recommended by Consumer Search, comes from the trusted Schwinn brand, and is backed by a lifetime warranty.

Currently $215.99 on Amazon

Vilano Urbana Folding Bike

The compact Vilano Urbana Single Speed Folding Bike quickly and easily folds away for storage. The minimalist bike is super lightweight at only 21.5 lbs. It is ideal for urban commuting in flat areas and has mounts for a water bottle and a rear rack. The stylish single speed aluminum bike features a coaster brake, 20-inch wheels, and a comfortable saddle.

This is available in a range of colors. It is recommended by Consumer Search, is an Amazon best-seller, and is one of the “Most Wished For” items on Amazon.

Currently $175.04 on Amazon

GTM Foldable Bicycle Folding Bike Shimano Hybrid

The GTM 20-inch Foldable Bicycle Folding Bike Shimano Hybrid has six speeds and a rear derailleur to improve your ride in any traffic condition. The 20-inch folding frame conveniently folds up in steps for easy storage. The six-speed bike features adjustable handlebars, an adjustable seat, a heavy-duty kickstand, and linear pull brakes for comfortable riding. This is available in various different colors. It is an Amazon best-seller and one of the “Most Wished For” items on Amazon.

Currently $108.90 on Amazon

Stowabike Folding City V2 Compact Foldable Bike

The Stowabike 20-inch Folding City V2 Compact Foldable Bike is ideal for urban commuting. The compact 20-inch steel folding frame can be easily folded and stored. It features 20-inch tires, built-in steel mud guards to keep you clean, and a built-in rack for carrying your goods. The six-speed Shimano Gear System and rubber grips also offer smooth riding. This is an Amazon best-seller and has outstanding online reviews.

Currently $129.99 on Amazon

And those are our recommendations for the best folding bicycles. As always, be sure to check Wise Bread's Buying Calendar to learn when and how to buy just about anything!

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This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

The Easy Way to Save Up a Big Travel Budget

Amanda Gokee — Thu, 20 Apr 2017 08:30:13 +0000

Traveling is an undeniably amazing experience, but as with so many of the finer things in life, it does come with a price tag attached. Cost is unfortunately one of the biggest factors that prevents people from traveling.

However, if getting to see the world is a serious goal of yours, this may be the perfect time to renew your focus on savings so that you can afford to pay for your wanderlust. (See also: 15 Ways to Save for Your Dream Vacation)

Set a goal and deadline

To help you get motivated to save more, set a clear goal and a timeline. The more specific the goal, the better, since it will allow you to visualize your trip and get excited about it. For instance, if you've dreamed about taking a trip to Europe for years, decide on your top destinations and how long you want the trip to last. That will help set a ballpark budget figure to aim for.

Next, attach a savings deadline — for example, decide that you will buy your plane tickets within the next six to 12 months. Don't give yourself much more time, or you'll lose the urgency to put money away now.

Having this type of a clear savings goal will help you stay motivated and make your trip feel more like a reality and less like a distant dream. It will also give you a schedule for your savings, allowing you to calculate how much you need to set aside each month to be able to afford your upcoming trip.

Slash unnecessary spending

Your goal will help you find the motivation to make some of the sacrifices that come with putting more money toward savings. You will want to shift your mindset from the short-term gratification of an immediate purchase (whose charm almost always wears off quickly) to the long-term gratification that comes from an experience that will leave you with memories for a lifetime.

You may be surprised to realize how much of your spending is discretionary. Think of anything you are spending money on that you could live without. For instance, you can save a lot of money by cooking for yourself, instead of going out to eat. Even less-than-fancy meals at restaurants like Panera or Chipotle can cost $7 and up. If you indulge in this convenience three times a week, you're spending $84 a month. Substitute each of those meals with frugal home cooked meals and save.

A car can be a significant expense, so if you can do without it you are setting yourself up for big savings. According to AAA, it costs the average American car owner around $8,558 to own and maintain their vehicle each year (this includes $3,759 in depreciation but doesn't include car payments). Even if you factor out the depreciation, that still means Americans are averaging $4,799 a year just to run our cars.

In contrast, Numbeo.com reports the average cost of a monthly transport pass in the United States is around $70, or $840 a year. If you live in an area with good public transportation, you could potentially pocket more than $3,900 a year by giving up your car.

If you can't completely forego having a car, you could still reduce your transportation expenses by driving less often. Walk, bike, carpool, or take public transportation instead. You'll not only save on gas, but also parking.

Need inspiration to cut costs? Consider this woman from the U.K. who essentially spent nothing for an entire year. While that may sound drastic, her savings while living in notoriously expensive London added up to nearly $27,000. Even half that amount would make a significant travel budget.

Work more, spend less

During one six-month period of my life I saved $12,000, which then allowed me to travel comfortably for the next six months without any income. I was able to do this by ensuring that my costs were as low as possible

I split a $500 studio apartment with a roommate, so my rent was only $250 a month. Living quarters were cramped, but I was hardly ever there. I worked three jobs so I could make more money (around $2,500 a month). My 50-60 hours-a-week work schedule also meant that I had less time to spend my earnings.

I was able to keep grocery costs to $100 a month because I was working in the food industry at the time. My other main costs were gas ($50 a month), and the cheapest cellphone plan I could find ($30 a month).

For fun, I mostly did free activities, taking advantage of the fact that I lived in the mountains in California. I could go hiking and biking for free and there were often free concerts in the evenings. When I needed new clothes for work, I would get them from the local thrift store for $10–$15.

Get rewarded for your purchases

There are many ways to use various types of credit cards so that you get rewarded for your necessary expenditures. Especially for major expenses such as gas, groceries, and plane tickets, selecting the appropriate credit card can help you save a significant amount of money. (See also: How to Save an Extra $1,095 a Year)

Grocery credit card

Groceries are a big expense for most people. Since you can't avoid spending at least something on groceries, you may as well get rewarded for your spending. Use a credit card that gives you extra rewards points for every dollar you spend at supermarkets. (See also: 5 Best Credit Cards for Groceries)

You may even be able to stack rewards by using a loyalty card from the supermarket chain where you do most of your shopping. Often these loyalty programs offer you cash discounts that can help cut your overall grocery bill.

Gas credit card

If you just can't live without a car, you can still save on the cost of gas by opening the right credit card. Cards that are co-branded with a particular gas station give you discounts at the pump, usually a few cents per gallon. These cards tend to have high interest rates, though, so if you tend to carry a balance, you'll usually be better off with a rewards credit card that gives you bonus points for purchases made at gas stations. If fuel is one of your bigger expenses, it's worth opening a gas rewards card. (See also: 5 Best Gas Rewards Credit Cards)

Travel credit card

Although you may not be traveling a lot while you save up for your big trip, it's worth getting a travel rewards credit card well in advance of your trip. By using your travel card for everyday purchases, you can rack up points toward free flights or hotel stays when it comes time to hit the road. (See also: 5 Steps to a Free Vacation in 9 Months or Less)

What's more, most travel cards offer significant points bonuses when you spend a certain amount within the first few months after opening the account. These bonuses can be worth hundreds of dollars in travel, but you'll need time to meet the required spending amount and wait for the bonus points to be posted to your account.

Finally, airline cards often come with free checked baggage and other perks such as free rental car insurance, lost baggage coverage, and trip interruption insurance. (See also: 6 Types of Travel Insurance That Credit Cards Include)

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This article is from Amanda Gokee of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

9 College Expenses You Aren't Saving For

Mikey Rox — Tue, 11 Apr 2017 08:00:16 +0000

Worried that tuition and room and board will bleed you dry when your kid goes off to college? Pfft. Wait till you get a load of all the expenses you didn't account for! You'll want to sit down for this.

1. College prep items

You'll want to send your kid off to college well prepared — with things. Things like study and work supplies, dorm room necessities, snack foods, toiletries, a new computer, maybe a new phone. It's amazing how easily items pile up when you're shopping for college.

2. Traveling home and back

No loving parent can go too long without seeing their kid — especially their freshman year in college. So, you'll need to account for travel costs to get your child back and forth to your home if they attend a school that requires more than a few hours' travel.

"Create a travel budget by researching typical costs for airfare, train, or bus, whichever mode of transportation is available to you, and estimate the number of times your child will head home throughout the year," suggests money-saving expert Andrea Woroch. "If they have a car and are driving [a long] distance away from home, propose that they carpool to save on gas and tolls if applicable."

They can also use a site like Zimride, which will connect them with other college students looking to share a ride.

3. Local transportation costs

If your child has a car on campus, you're looking at the cost of a parking pass plus insurance and gas. If they don't have a car, you'll need to consider a new bike and investigate the cost of public transportation passes. These costs can add up, as well. College students don't tend to be holed up in their tiny dorm rooms while not in class.

4. Food outside the meal plan

College meal plans are expensive enough by themselves, but don't count on those being your child's only source of food. Many campus dining halls close earlier than you probably think, and late night study sessions require energy. Plan on having to send them some extra dollars for groceries, snacks, and late-night diner runs.

5. Greek life

I was interested in joining a fraternity when I went to college. It signified the quintessential coming-of-age experience to me, and I liked the idea of having "brothers," as I wasn't close with my own growing up.

Nice sentiment, but it got expensive real quick.

My dues were about $400 per semester, I wanted to buy new clothes every time we had a formal or theme party, and if something went wrong in the house — like the one time a drunk alumni brother smashed up our soda machine — we had to collectively cover the cost. By the end of four years, I had spent thousands of dollars to be part of this exclusive club — which, in hindsight, was worth every penny considering the memories I made. So, I guess what I'm saying here is … grab your checkbook.

6. Sports and extracurriculars

If you're the parent of a child whose athletic skills have earned them a college scholarship, congrats; consider yourself lucky. On the other hand, if your child is perfectly average but still wants to play sports or join extracurriculars, you'll need to cough up the cash.

"Sometimes participating in extracurricular activities on campus can cost extra money," says Johan Zhang, co-founder of CollegeVine. "Whether it's paying for club dues, schoolwide participation fees, or even apparel, at many colleges there exists a hidden cost to joining and being an active member in extracurricular activities.."

Be sure to consider this and save up in advance.

7. Your trips to see your child

Bringing your kid home is going to cost you, and so is traveling to visit your child. You may also want to attend things like orientation weekend, parents' weekend, and other events hosted by the college. You'll need to factor in transportation, lodging, and food, so budget wisely.

8. Off-campus living

Eventually your kid will outgrow the dorm and want to live off-campus. This usually happens around junior year, but sometimes you can hold it off until senior year. With that comes the expense of monthly rent, renter's insurance, furniture, utility bills, and a security deposit that you're never going to see again. Make amends with that right now; it's already spent.

9. The extended plan

Listen, I'm rooting for you to get your kid in and out of college in four years, but, well... the odds aren't in your favor.

"At most public universities, over 80 percent of students will take more than four years to graduate due to overcrowded or unavailable classes," say Adrian Ridner, CEO and co-founder of Study.com. "That means if you are planning on four years of college expenses, you could be under budgeting by 25 percent to 50 percent. Taking low cost college courses online can be a great way to stay on track and graduate on time. Another factor that can extend your child's time in school is lack of college readiness. This may mean completing remedial courses that do not count toward graduation."

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This article is from Mikey Rox of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

6 Things Financial Aid Might Not Cover

Andrea Cannon — Tue, 24 Jan 2017 10:30:36 +0000

Most students and parents realize that it's crucial to apply for financial aid, regardless of what your financial status may be. However, many families don't realize how expensive college can be, even if you receive a great financial aid package. It's important to recognize what items financial aid may not cover so that you can be better prepared for the school year ahead.

What Is Covered

Every student's financial aid package is different, so there are no exact expectations on how much you will receive and what will be covered. The package is based on the full cost of college, which includes tuition and fees, room and board, and sometimes, things like books and school supplies. Financial aid may also cover a summer session, but again, it all depends on how much is included in your particular package.

If you live at home or off-campus, your package may include an allowance for things like transportation, housing, and food. If you live on campus, the dorm room and required meal plans may be covered.

What Isn't Covered

Students should be prepared for unexpected charges, which can quickly become overwhelming. Some of the most common college costs not covered by financial aid include:

1. Transportation

Some schools offer aid for transportation, but it's rare and something you should budget for. You'll need to find money for gas or public transportation. There may also be parking fees, campus shuttle fees, and transportation costs to travel back home during the summer and winter breaks.

2. School Supplies

Books may or may not be covered by a financial aid package, but you will still need to find money for pens, pencils, notebooks, and any other school supplies you may need for the semester. You may also be charged extra for art supply fees or other course necessities. You may also need to purchase things like a new laptop or printer for your dorm room.

3. Dorm Supplies

If you'll be living on campus, you'll need to buy items for your dorm. This can include everything from a mini fridge and television to new sheets and beanbag chairs.

4. Lab Fees

There are frequently lab fees, equipment charges, and other fees associated with certain courses.

5. Activity Fees

If you're planning on participating in sports, clubs, sororities or fraternities, or other on-campus activities, there will be additional fees.

6. The College Experience

Part of the fun of college is going out and meeting new friends, which will result in costs for eating out, going shopping, going to concerts or sporting events, and paying for other forms of entertainment.

How to Fill in the Gap

According to Damian Rothermel, a CFP who specializes in college funding, it's possible to negotiate your financial aid package. He says that once you receive your financial aid package, you can contact the school to appeal for more money.

For instance, if the Expected Family Contribution is too high, you can appeal the offer. You can also provide documentation to support your request for increased funding.

If a student needs more funding for the school year, then there are a number of options available.

Grants and scholarships. There is no limit on how many scholarships you can apply for, so it's best to get into the routine of searching for and applying for scholarships whenever possible.
Work-study jobs. Students can earn money through work-study jobs either on or off campus.
Part-time jobs. There are endless part-time jobs available to students, which can help them earn the extra money needed for items that aren't covered by financial aid.
Payment plans. The school may have payment plans available, allowing you to spread the remaining costs you owe throughout a semester.
Student loans. Student loans should be your last resort, as the last thing a student wants after graduation is to be saddled with debt. Your best bet is to first apply for a federal loan, which offers flexible payments if you don't find employment after college. There are also private or alternative loans available to students. Many banks also offer special student loan rates that you may not have to begin paying off until graduation.

If you still have questions about how to fill in the gap, the school's financial aid office is available to help however they can. You may want to call and speak with them about how you can receive more funding. They may be able to help you find scholarships, part-time work, and good private student loans.

This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

How to Avoid Theft While Traveling

Nick Wharton — Mon, 16 Jan 2017 11:00:11 +0000

Travel can be a beautiful and life-changing experience, however, it does come with its own set of risks. By setting out in a prepared way, you can reduce the chance of having a horror story to bring back home with you. (See also: 7 Ways to Protect Yourself From Theft While Traveling)

While some destinations have reputations for being dangerous, petty crime like pickpocketing and theft can occur in pretty much any major city in the world. It exists in Paris, just as it does in New York. (See also: What to Do When Your Belongings Get Stolen Abroad.)

You may want to research your destination before you leave home to get an idea for the major concerns that you will face on arrival, and to develop the strategies you might follow once you're there. It helps to have a credit card that offers purchase protection insurance against theft or accidental damage. While it doesn't help to be suspicious of everyone, you do need to be aware of some basic procedures and guidelines for safety. (See also: Follow These 5 Credit Card Rules When Traveling)

Be Aware, Not Afraid

While you're traveling, you may find yourself at times out of your comfort zone. This is a completely normal part of traveling and it can arise from something as simple as not speaking the local language. Your discomfort does not mean that you're in a particularly risky situation.

However, regardless of how you're feeling, it's important to project an attitude of confidence. If you do find yourself in a situation that you're uncomfortable with, confidently take action to get yourself out of that situation.

If you appear to be frightened, you may make yourself seem like an easier mark for petty crime. Instead, you should focus on having a good time while always being aware of your surroundings.

Be especially alert when taking public transportation as this is a common place for pickpockets to strike. (See also: How to Use a Decoy Wallet When Traveling)

Keeping Your Stuff Safe

What kind of bag did you choose to bring with you? The most secure bags for traveling always close securely. This means they have a zipper or a front flap that closes tightly so that pickpockets can't get their hands into them easily (or at all!).

Avoid walking around with valuables or money in your back pockets. Instead, put your stuff in your front pockets where you'll notice if anyone's trying to grab it.

Sometimes pickpockets work in groups, so there may be someone chatting with you as a distraction. This doesn't mean you need to be wary of every person that comes your way to talk to you, but if the situation doesn't feel comfortable, listen to your intuition and find a way to get out of it quickly — and confidently. (See also: How to Get and Carry Cash Safely and Securely)

Understand Your Surroundings

Travel is amazing because it means you get to check out uncharted territory. However, it's always a good idea to either research online or talk to locals once you get there. If there are neighborhoods that they avoid, for example, it's better to know about them before you end up wandering there.

Some places will be perfectly safe to walk around during the day, but are better off avoided at night. Know how and where to get a reliable taxi. You can ask the receptionist or concierge at your hotel and they will likely give you an informed answer. Just make sure you take the time to ask; then you can explore in a carefree and safe way.

Avoiding Theft at Your Hotel

If there is a safe in your hotel, it's a good idea to store your valuables (cash, passport, credit cards you won't be using) there. If you don't have a safe, consider another secure place. Remember, your wallet may not be the best choice since it's the most obvious place that a thief would check for cash.

If you're staying in hostels, they will usually have a locker where you can put your belongings. Remember to travel with your own lock since sometimes a hostel won't provide them, and if they do provide them, you have no way of knowing who else has a copy of the key. (See also: How to Keep Your Laptop Safe When Traveling.)

And During Transport

Airlines rightly recommend that you never check valuables. Tablets, cameras, and computers all need to be packed into your carry on bag. The reason for this is straightforward; a checked bag will be out of your eyesight and in the hands of strangers for the majority of your time in transit. Keep them close.

For train and bus travel, be cautious especially during overnight trips. Again, the bag that you check under the bus or at the end of the aisle of a train car is the bag that's at a higher risk of going missing.

For overnight buses or trains, consider a money belt that you can tuck into your pants while you sleep. This will give you peace of mind and a reasonable defense against pickpockets or thieves who will look to target you in your sleep. You are at a higher risk while traveling alone, so you may want to find a travel buddy, even if it's just for a few days.

To Money Belt or Not?

Outside of those overnight journeys, you may want to use a money belt for daily use, too. This is a personal choice and there are solid arguments on either side of it. Some people will never use a money belt because it feels clunky. You can argue that when you pull out or otherwise show the money belt, it will pinpoint you as a tourist and may make you a more likely pickpocketing target. If locals aren't using money belts, why should you?

However, if you feel comfortable hiding money on your person in this way, there's nothing wrong with that either.

If you're keeping money in a bag, be sure that it's in a zipped compartment. You may also want to consider separating your money, so maybe you have some in your pocket and some in your bag. This way if some of it does get stolen, chances are that not everything will get lifted. Also consider keeping some emergency cash or credit card with a list of contacts somewhere very safe, in case you do lose everything you're carrying. (See also: Best Credit Cards to Use While Traveling)

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This article is from Nick Wharton of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

Don't Forget About These 7 Job Hunting Expenses

Mikey Rox — Wed, 11 Jan 2017 10:00:15 +0000

Thinking about changing careers this year? There's a lot that goes into the search, like sending out applications and brushing up on your interview skills. But you might not consider how much it'll cost you.

From hiring a professional resume writer to bulking up your work wardrobe and factoring in transportation costs, let's review these tips on how to prepare your money for a job hunt.

1. Hire a Pro to Polish Your Resume

Plenty of HR directors will tell you that if your resume contains errors, if it's lackluster, or if it's just plain boring, it's likely to end up in the circular file. That's a trash can, for the uninitiated. (See also: 4 Resume Rules You Should Be Breaking)

To give yourself a fighting chance against all the other qualified candidates, you have to stand out. You can beef up your resume on your own if you know what you're doing (and there are plenty of resources online to help you), but you also may want to consider hiring a professional resume writer whose job it is to keep up on resume trends and provide you with the most up-to-date vitae.

A good writer charges anywhere from $150 and up for a revamp of your resume, though I probably wouldn't pay more than $300. Before you begin, however, ask for samples and references. Anybody can put a resume together — we've all done it for ourselves — but does the person you're paying get results? Research a solid writer so you don't waste your money. Some other resume-related expenses for which to plan include resume paper and printer ink.

2. Invest in Professional Headshots

Social media has been a bane for job seekers since it took off 10 years ago, and I can almost guarantee that your future employer will look you up on Google and investigate your social media profiles to get a better idea of who you are outside of the interview. As such, don't shoot yourself in the foot before you get in the door by leaving up posts and photos that don't portray you as a reliable person who's looking to advance their career.

First, scrub your profiles of any offensive material. You don't have to go through all your photos and delete every picture of you with a drink in it, but, you know, use common sense when deciding whether or not the photo of you hanging halfway out of a taxi window at 2 a.m. is the best representation of you. Second, if there are no photos of you looking professional, get some — stat!

Career coach Devay Campbell recommends investing in a professional headshot for your LinkedIn Profile — at the very least — which may have residual effects.

"Your future employer will look you up and if your profile is optimized correctly, you may even have profile views from recruiters in organizations that you have not applied to," she says.

3. Save Up Enough to Cover the Transition Period

Not every job change has you leaving your old workplace on a Friday afternoon and showing up at your new place of employment early Monday morning. There may be a transition period — especially if you left the old job before you landed a new gig — and you should prepare for that financially. Give yourself at least a three- to four-week window of savings that you can rely on, Campbell says, so you're not struggling or teetering on the verge of debt.

4. Enhance Your Wardrobe to Show You Mean Business

They say you should dress for the job you want, not the job you have. And that makes perfect sense when you're interviewing for a new position — because you want that job. Thus, take your frumpy butt over to your favorite store that sells business attire and pick up a few new items. This will likely set you back a few hundred dollars. But it's well worth it to show your future employer that you know what's up as soon as you walk through that door. Looking fresh also will give you more confidence, and that'll show.

5. Factor in Transportation Costs

You'll need to get to your interviews somehow, and that'll raise your fuel bill if you're driving. But depending on where you're applying for new positions, you may have to get there via other methods, like train or plane.

When I was looking for jobs in Manhattan a decade ago, I had to foot the bill myself, generally opting to take a bus or train from Baltimore to New York City. If you're being considered for a high-level position, you may get special treatment wherein the potential employer will fly you out, but otherwise you shouldn't count on anybody subsidizing the cost of getting you to that interview.

If you are traveling a distance, remember to factor in arrival and departure times. Don't book a ticket in the morning for an afternoon interview. Give yourself more time to get there and relax. Besides, you don't know what could happen along the way in terms of delays, and you'll be disappointed in yourself when you're passed over because you couldn't show up at your scheduled interview time.

6. Will You Need Domestic Help?

Conducting a job search is time-consuming and other parts of your life could suffer if you're not careful. If you have children, you may need to hire a baby sitter or someone to help around the house if you're otherwise occupied. If you're a pet owner, you might need to spring for day care or sitting so your furbaby is well taken care of while you're out doing your thing. Think about the impact your search will have on the other parts of your life and plan accordingly.

7. Do the Math Before Accepting a New Position

For most of us, the goal of changing careers is to be happier at what we do with a higher salary. Hey — that's America.

But before you accept that initial offer — which you should never do immediately as a general rule; take a day to think about it — look into what you're losing or gaining by switching things up. Your new employer may have higher-cost health insurance, and it may not provide matching funds to your 401K. If this is the case, you may not be winning financially in the long run, and you'll kick yourself for it eventually. Do your homework and crunch the numbers to ensure that all your needs are met before committing to the change.

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This article is from Mikey Rox of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

The 5 Best Bicycle Lights

Andrea Cannon — Wed, 14 Dec 2016 10:31:20 +0000

Whether you regularly commute by bike or just like the occasional night ride, you need a bike light to help you ride more safely. You can ride with confidence and instantly improve your visibility and safety with a bike headlight or taillight.

What Is a Bicycle Light?

A bike light is an illumination source that can be attached to your bicycle, which allows you to see better and allows you to be seen by oncoming drivers and pedestrians. You can choose from front, rear, and side lights, which can be mounted to the handlebar, helmet, or rear of the bike.

Bicycle lights are an absolute essential for your personal safety, especially at night or where visibility and safety are a concern. They will also allow you to better see obstacles on the roadway, even in the dark and in incremental weather. (See also: Night Biking: Get Set Up to Ride the Night Away)

Top 5 Bicycle Lights

Blitzu Cyborg USB Rechargeable Bicycle Tail Light

Amazon’s #1 best-seller in bike taillights, the Blitzu Cyborg 168T USB Rechargeable Bicycle Tail Light, has a wide-beam of eye-catching red light for high intensity. The lightweight, stylish light is larger and brighter than most other lights, so you can rest assured that you will be seen from blocks away.

The safety light has six modes with up to a five-hour run time. The super bright rechargeable rear LED bicycle light fits on any road bikes or helmets. It offers 180-degree visibility and has horizontal or vertical mounting options. It is water resistant and has a weather-tight design, so you can use it in all conditions. It has a two-hour charging time and an automatic, fully charged cutoff system. The simple control button is conveniently located on top of the light for easy access.

This is easy to install with no wires or external batteries. It is an Amazon best-seller and has outstanding online reviews, including more than 1,300 five-star reviews on Amazon. It is backed by a 30-day money back guarantee and a one-year warranty for your added peace of mind.

Currently $18.82 on Amazon

BV Bicycle Light Set Super Bright 5 LED Headlight

Amazon’s #1 best-seller in bike headlights, the affordable BV Bicycle Light Set includes a five-white LED Headlight with 30-40 feet range and a three-red LED Taillight. The super bright lights have up to 80 hours of battery life. The cutaway design allows light to pass through the sides for better visibility. With this set, you will be visible to motorists up to 1,500 feet away.

There are three modes on each durable light: Steady, Flashing, and Emergency. The headlight is angle adjustable to the left or right and the taillight is adjustable either up or down. The set is weather-resistant and water-resistant, so you can ride confidently in any condition. You can even remove the headlight to use as a flashlight for emergency situations.

These are easy to install and remove with a tool-less handlebar mount and an angle adjustable clip-on quick-release clip. They fit most handlebars and seatposts. The set requires six AAA batteries, which are not included. It has outstanding online reviews, including more than 2,100 five-star reviews on Amazon. It is also backed by a one-year warranty for your added peace of mind.

Currently $8.18 on Amazon

Light and Motion Urban 350 Bike Headlights

The Light and Motion Urban 350 Bike Headlight offers up to 12 hours of runtime. The waterproof micro-USB rechargeable light can handle any weather conditions and can withstand drops on concrete from one meter. The bright light features four modes, a colored battery status indicator, and a lockout mode, so it doesn’t burn itself out by accident. It offers an ideal beam pattern thanks to high-quality custom optics, which put the light where it’s needed most so you can easily be seen. It also features powerful amber side lights for better visibility to alert cars.

The universal mounting strap and quick-release handlebar mount make it easy to install and charge without the use of any tools. It includes a Micro USB Charge Cable and is available in a range of colors. It is backed by a two-year warranty for your added peace of mind. The Sweethome calls this the best headlight available. Heavy.com recommends a number of Light & Motion lights, so you can’t really go wrong with the brand.

Currently $49.99 on Amazon

CygoLite Hotshot 50 lm USB Rechargeable Bicycle Tail Light

The CygoLite Hotshot 50 lm USB Rechargeable Bicycle Tail Light lasts up to 500 hours on a single charge. The compact light is bright and easy to mount. It has six lighting modes and is water-resistant, so it works in all conditions. The on-site programmable (sop) technology allows for easy adjustments of the brightness and flash speeds. The new design also has an easier-to-push power button.

This includes a mini USB charging cable, seatpost mount, and seat stay mount. It is an Amazon best-seller and The Sweethome calls it the best taillight available. If you’d prefer a helmet mount, consider the Cygolite Expilion 850 USB Light with Helmet Mount instead.

Currently $28.98 on Amazon

Blitzu Gator 320 POWERFUL Bicycle Headlight

Amazon’s #1 best-seller in bike reflectors, the Blitzu Gator 320 POWERFUL Bicycle Headlight includes a non-USB rechargeable LED taillight. The lightweight bike light can hold up to six hours on a charge. It has four modes and 360-degree swivel ability, so you can shine the light in any direction for ultimate visibility. The cycling safety light is super bright and offers up to 300 feet beam length. The USB rechargeable headlight charges in only two hours and features an automatic, fully charged cutoff system. The water-resistant light is weather tight, so you can use it in all conditions. The durable, reliable front bicycle light is constructed with military grade anodized finish, so it is impact resistant and built to last.

It is easy to mount and detach the light without the use of tools. The quick-release feature allows you to slide the light out without removing the mounting bracket. The simple one touch dismount control button is conveniently located on top of the light for easy access. It is backed by a 30-day money back guarantee and a one-year warranty. It is an Amazon best-seller and has outstanding online reviews, including more than 1,100 five-star reviews on Amazon.

Currently $24.97 on Amazon

And those are our recommendations for the best bicycle lights. As always, be sure to check Wise Bread's Buying Calendar to learn when and how to buy just about anything!

This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

Here's How Much Life in the Big City Will Cost You

Andrea Cannon — Tue, 01 Nov 2016 10:00:15 +0000

So, you got a new higher-paying job in the big city. Now you have to decide whether it's worth making the big move. Fortunately, there's an easy cost analysis that can help you determine if the move is worthwhile.

Cost of Living Calculators

For a better estimate of how much you'll need to earn to maintain the same standard of living, use a cost of living calculator. Once you enter your current income, where you currently live, and where you would like to move, you can see a side-by-side comparison of what it will cost to live in both cities.

Some basic calculators will show how far your salary will go in another city by comparing the price differences of major categories, like housing, utilities, and groceries. There are also more advanced cost of living calculators that will break down everything from what gas costs in the two areas, to how much you pay for coffee and ibuprofen.

For example, say you're living somewhere like Bakersfield, California with an income of $50,000, and you're deciding whether to move to a big metro like San Francisco. So, how much will you need to earn in order to maintain your same standard of living? Using a cost of living calculator, you can see that you would need to be making $81,636. Otherwise, you'll have to get used to a lower standard of living and cut costs wherever possible.

Housing

Generally speaking, the closer you live to downtown, the more expensive the rent, food, and entertainment costs. When you live in a bigger city, it also generally means that you will have a smaller living space. Worst of all, rent just keeps getting more expensive over time. According to StreetEasy's annual New York City Rent Affordability Report, the median rent-to-income ratio in NYC rose from 59.7% in 2015 to 65.2% in 2016. This means that nearly two-thirds of New Yorkers' income is devoted to rent. (See also: The Simple Way to Decide How Much Rent You Can Really Afford)

Higher Income

In most cases, a higher cost of living also means that the area has a higher than average median household income. While you can usually get a more robust starting salary in a large city, you might not want to count on hefty raises. Income growth is lagging behind things like rent increases and cost of living growth, so your expenses may increase in the years to come, but your income might not keep up.

Transportation

In most cases, the closer you can live to work, the better. This will allow you to bike to work, take part in a carpool, use Uber, or even take public transportation.

If you will be taking advantage of public transportation, consider storing or selling your car, so you don't have to worry about parking. Driving can also be a lot more overwhelming for someone moving from a smaller town to a big metro (think Los Angeles gridlock). Look into public transportation options in your new city to determine if you can reasonably live there without a car, and how much you would save by making the change to public transportation. Keep in mind that places that are more walkable, or have better transportation options, are typically more expensive to rent.

Parking

In cities like Los Angeles, New York, San Francisco, and Seattle (to name a few), free parking is basically a pipe dream. With parking meters and paid parking lots as far as the eye can see, it's very unlikely that you'll find free parking. Even if you did find street parking, the posted rules can be very confusing and, in large cities, parking tickets are very common.

Convenience

Living in a large city means most things will be at your fingertips. For instance, there isn't much that you won't have access to in New York City. However, getting what you want and need is a different story. Living in a small town means quicker trips to the grocery store and general merchandise stores like Target.

In a big city, on the other hand, you have to worry about fighting traffic and finding parking before you even get to the store. Then, there are hordes of people to deal with and long lines at the checkout counter, so small day trips can become much longer and more stressful. Try completing your errands at odd times, like early in the morning or during your lunch break, to beat the crowds.

Entertainment

Living in a big city means there are generally boundless things to occupy your time, such as endless places to eat, shows to watch, people to meet, and free activities to take part in. In a city like San Francisco or New York, you will be exposed to more culture more easily, and can find more fun, free events for the kids.

To better deal with the culture shock, try seeking out social groups and other resources for newcomers to the area. Make a valiant effort after moving to make friends with locals and other transplants so you can quickly become acclimated with the city and what is available to you.

Is It Worth It?

Moving to a large city can be very expensive. The move itself can be a frustrating, expensive undertaking, and once you're there, things like rent, groceries, utilities, health care, and transportation can be much more expensive than what you're used to. Take this into account when you're deciding whether to make the move or not.

The decision on whether it is worth it to make the big move is an entirely personal one. After living in New York City, San Francisco, and Los Angeles, I can attest to the fact that there is nothing comparable to living in a big metro. What you can (and will) experience in a shorter amount of time there is well worth the higher cost of living. However, if you are trying to save more money or contribute more towards your debt, savings, or retirement accounts, you'll need to use a cost of living calculator (at minimum) to determine whether it's worth it for you.

This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread: