Don’t plan on the disappearance of the NYC MetroCard in the near future

https://www.businessinsider.com/nyc-subway-metrocard-replacement-omny-has-one-big-problem-2019-5 New York is finally catching up to the rest of the world and moving away from its iconic MetroCard. But there's one glaring problem with the replacement. Graham Rapier May 23, 2019, 4:23 PM A commuter swipes her MetroCard above a contactless card payment scanner installed at a turnstile at the Chambers Street subway … Continue reading Don’t plan on the disappearance of the NYC MetroCard in the near future

Who pays the ballooning amount of tariffs? The facts

In a nutshell, the  tariffs are attached to the goods on entry into the US so that the consumer who those goods pays more -- sometimes much more -- for the same goods as before. If the higher cost of the items subject to tariffs keeps people from buying them, that will hurt the producers … Continue reading Who pays the ballooning amount of tariffs? The facts

15 Best Costco tricks

  The 15 Best-Kept Costco Secrets You Didn't Know About Our warehouse whisperer Katie Workman gives us the lay of the land. by: KATIE WORKMAN May 13, 2019 PHOTO BY JULIA GARTLAND. FOOD STYLIST: ANNA BILLINGSKOG. PROP STYLIST: BROOKE DEONARINE. SAVE 26 COMMENTS Walking into Costco for the first time can feel overwhelming, I think it’s safe to say. I have a … Continue reading 15 Best Costco tricks

More extreme storms producing losses not traditionally insured

Insurance, in concept, is powerful -- pay a premium that has been (presumably) actuarially or experience-based to compensate the insurer for assuming the risk that an event might occur -- but it works best where the risk  is ascertainable, relatively predictable, and readily monetized. (How's That for a sentence.) For example, pure life insurance, without … Continue reading More extreme storms producing losses not traditionally insured

An observation about recent changes in charitable giving

I live in Manhattan and am obviously on the progressive/left end of the political spectrum often found among blue state residents. In that context I've run into a phenomenon about current charitable giving that doesn't surprise exactly, but the scope is greater than I thought. Cultural institutions constantly contact those who subscribe to their concerts, … Continue reading An observation about recent changes in charitable giving

You may be bleeding cash with forgotten monthly subscriptions — time to check

Stop Wasting Money on Unnecessary Monthly Subscriptions That $10-a-month service you signed up for five years ago and rarely use? It’s already cost you $600 Subscriptions Everywhere! Clean Up Those Forgotten Monthly Fees Everything from your toilet paper to your newspaper now has a subscription. With the help of a money-sucking vacuum cleaner, WSJ's Joanna … Continue reading You may be bleeding cash with forgotten monthly subscriptions — time to check

Costly mistakes if you shop on Amazon

Using Amazon can indeed save you quite a bit of money. But you have to exercise a certain amount of prudence. Here are some top rules for getting the best deals. https://www.cnbc.com/2019/05/03/dont-make-these-5-costly-mistakes-when-shopping-on-amazon-says-money-saving-bargain-expert.html Don’t make these 5 costly mistakes when shopping on Amazon, says money expert Published Sat, May 4 2019  9:00 AM EDTUpdated Sat, May 4 … Continue reading Costly mistakes if you shop on Amazon

Six credit card rules to know and follow

These rules have served me well for decades. They're a great way to avoid financial problems and improve your credit score. https://www.fool.com/personal-finance/2019/05/04/6-credit-card-rules-you-should-know-by-heart.aspx 6 Credit Card Rules You Should Know by Heart Breaking these rules could cost you! Christy Bieber (TMFChristyB) May 4, 2019 at 6:15AM When it comes to managing money, there's one area many … Continue reading Six credit card rules to know and follow

Apple Pay (and other credit methods) coming to NYC MTA on May 31st

https://www.theverge.com/2019/4/30/18524761/nyc-mta-subway-bus-apple-pay-omny-contactless-payment-may-31-summer-launch Apple Pay is coming to New York City’s MTA transit system this summer Hello OMNY By Sean Hollister@StarFire2258  Apr 30, 2019, 9:13pm EDT SHARE Photo by Amelia Holowaty Krales / The Verge It’s been nearly two years since we wrote that New York City would finally be upgrading its transit system to take “tap-to-pay” contactless payments, but … Continue reading Apple Pay (and other credit methods) coming to NYC MTA on May 31st

Malls may be rescued by Generation Z

https://www.bloomberg.com/news/articles/2019-04-25/are-u-s-malls-dead-not-if-gen-z-keeps-shopping-the-way-they-do Millennials Tried to Kill the American Mall, But Gen Z Might Save It The next generation of U.S. buyers isn’t shopping like their parents. By Jordyn Holman April 25, 2019, 5:00 AM EDT ILLUSTRATION: KURT WOERPEL FOR BLOOMBERG BUSINESSWEEK SHARE THIS ARTICLE Share Tweet Post Email Gen Z keeps confounding Corporate America. They’ve shunned beer, they … Continue reading Malls may be rescued by Generation Z

The price paid to graduate from college without financial debts

A fascinating account of what was required for the writer to get a college education and graduate without debt. He didn't leave owing financial debt but there was definitely a very real cost. https://www.huffpost.com/entry/debt-free-college-education_n_5cc1ed2fe4b0e56130ee8371?ncid=APPLENEWS00001 I Graduated From College With Zero Debt... But It Cost Me In Ways I Never Imagined Kara McKlemurry Guest Writer BLEND … Continue reading The price paid to graduate from college without financial debts

Will anyone be able to retire if they don’t have a private pension? It’ll be tough

A devastating portrait of the new reality for the elderly who have insufficient income to retire is in the book "Nomadland: Surviving America in the 21st Century" by Jessica Bruder which describes the flotillas of RVs and cars following seasonal jobs across the US out of necessity. So many incorrectly thought they would be able … Continue reading Will anyone be able to retire if they don’t have a private pension? It’ll be tough