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5 Ways to Prepare for Better Interest Rates on Savings Accounts

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The Federal Reserve raised its interest rate twice in 2022 and said more hikes are likely. These changes are intended to bring inflation down to manageable levels, but they’re also having an impact on other areas of the economy — with mortgage and credit card rates rising and the stock market moving the other way.

The good news for consumers is that interest rates on savings accounts typically rise when the Fed raises rates, which means more money in their pockets. If interest rates rise, 4 in 5 American consumers plan to take action, according to a new NerdWallet online survey conducted in April 2022 by The Harris Poll. Popular actions they plan include putting more money into their savings account and switching banks when they find a good interest rate.

Maybe you’re ready to move, too. Put yourself in a position to do it smart by doing these five things.

1. Be patient

Currently Top interest rates on savings accounts are better than this January’s rates, but not in the same range as mortgage rate hikes. Why? A commonly cited reason is that banks already have more than $18 trillion in deposits, according to the Federal Reserve, up nearly 30% from March 2020. Since higher interest rates would likely encourage even more deposits, there is none strong incentive for banks to raise interest rates quickly. While the pace is slow, expect interest rates on most savings accounts to continue to rise as interest rates rise overall.

2. Understand your options

There are many types of savings accounts. High-yield savings accounts typically have better interest rates than traditional savings accounts, although a common trade-off is that they have limited or no brick-and-mortar locations.

You may also see good rates on money market accounts or when you buy a certificate of deposit or CD. However, if you need to access your funds frequently, these may not be a good fit.

3. Do your research

First, look at all the tariffs that are offered in your area and online. Find out more about the interest rate before opening a new account. Monthly fees, high account minimums, or fine print that reveals a sign-up bonus to be too good to be true are reasons to pump the brakes.

Finally, compare each new tariff with your current tariff. For example, a 1% interest rate is great if your current interest rate is 0.05%. However, if your interest rate is already 0.8%, the benefits may not outweigh the hassle of switching. For example, if your account balance is $2,500, a 0.25% higher interest rate results in an additional $7 per year.

4. Plan your cash needs

Online-only banks often have good interest rates, but depositing and withdrawing cash can be difficult. If you deposit or withdraw cash frequently, the higher rate may not be worth it.

If it still makes sense to switch, you need a plan. One option is to deposit cash into another checking or savings account at a bank that offers personal services and transfer it to the savings account with higher interest rates.

For withdrawals, you can return funds to the account that has personal services. Or you could use an ATM. In this case, make sure that neither your bank nor the ATM will charge you any fees. Fees from a single transaction could wipe out the equivalent of months of interest.

5. Get rid of other debts

It’s a tempting idea to let your money make even more money just by sitting in an account. But deleveraging can make a big difference greater impact on your overall finances than finding a savings account with a higher interest rate. Before researching interest rates, first create a plan to reduce credit card debt or pay off or refinance student loans.

9 types of junk you can sell for cash

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Excited woman with bubble wrap and packaging material
Alliance Images / Shutterstock.com

As a professional order picker and reseller, I’m always on the lookout for unexpected items that can be turned in for cash. And after 25 years of scouring thrift stores, estate sales and flea markets, I can attest to the literal truth of the old adage that «one man’s junk is another man’s treasure.»

If you’re looking to make a few extra bucks, see what’s in your trash and recycling bins. Here’s some everyday junk you can sell for cash.

1. Used packaging material

A young woman opens a quickly received package with overnight delivery
Syda Productions / Shutterstock.com

There is a strong market for used packaging material in cities, driven primarily by people moving house or selling products online.

A quick search of Facebook Marketplace and Craigslist in my area shows large quantities of bubble wrap, peanuts, and boxes selling for $15-$25.

2. Empty perfume bottles

Images and Videos / Shutterstock.com

Your favorite perfume is running out? Do not stand the bottle up. Used perfume bottles are reused to hold floral decorations at weddings or are used as fragrance diffusers. Small bottles in unique colors are even incorporated into jewellery.

Shoppers prefer bottles with eye-catching designs, exclusive brand names, and stoppers or caps rather than spray tops. Expect a group of 10-15 bottles to sell for $15-$20 on Etsy.

3. Cardboard tubes

Cardboard tubes made from toilet paper rolls
Underworld / Shutterstock.com

Yes, there is a market for everything. Cardboard tubes made from paper towels and toilet paper rolls are used in all sorts of crafty projects.

Make it worthwhile by saving a large amount and selling them as a lottery ticket. A lot of 100 paper towel rolls sold for up to $34.99 on Ebay (shipping included).

4. Parts of defective devices

Maxx Studio / Shutterstock.com

Just because a device breaks doesn’t mean it’s completely worthless. A few months ago my beloved Black & Decker rice steamer passed away. Comparing prices for replacements, I noticed a strong demand for used parts and parts online. Steamer baskets sold for $10 on Ebay, and lids were around $5.

The Lesson: If you love a device, chances are thousands of other people will too. Collect and resell the parts and accessories instead of throwing the whole thing away.

5. Old remote controls, power cords and batteries

man with remote control
Asier Romero / Shutterstock.com

With technology evolving so quickly, it’s difficult to find replacements for TV remotes and laptop power cords and batteries. Before you throw away that broken TV or outdated laptop, check the values ​​online.

Used TV remotes can sell for $5 to $10, and laptop batteries can fetch $15 to $45 depending on the model. Less garbage, more money. what would be better

6. Wine bottle corks

juliasv / Shutterstock.com

Enjoy a bottle of wine with dinner? Carefully remove the cork. Creative crafters have found dozens of ways to reuse corks. Save up about a hundred (that shouldn’t take too long, right?) and sell them as a lot.

Keep in mind that buyers prefer natural cork, not the synthetic version. Two hundred corks recently sold on Ebay for a whopping $21.99.

7. Empty ink cartridges

Somchai Choochat / Shutterstock.com

To work from home? You’re probably using more printer ink than ever before. Instead of throwing away all those used cartridges, sell them.

Evolve Recycling buys empty cartridges, although users must send in at least 20 inkjet cartridges or 20 pounds of material (roughly four or five toner cartridges). When your account reaches $25, Evolve will send you a check.

Check out the list of accepted cartridges and start turning your office junk into great cash.

8. Used car batteries

Check your car battery before hitting the road this summer.
Gang Navigator / Shutterstock.com

Get some more juice out of that dead car battery. Auto parts stores — AutoZone is one example — offer $10 to $20 off the price of a new battery if you give them your old one.

Do you have a pile of old lead-acid car batteries in your garage? The O’Reilly Auto Parts recycling program is offering a $10 gift certificate for everyone.

Because batteries are loaded with other toxic materials like lead, cadmium and mercury, recycling is the responsible – and financially sensible – course of action.

9. Paper grocery bags

Woman putting away groceries
Erickson Stock/Shutterstock.com

You have to love capitalism. Fanatical collectors pay a premium for used tote bags from sought-after dealers. If you’re a packrat, start digging. Ebay recently sold four vintage Macy’s tote bags for $19.99 and eight Starbucks bags from 2014-2019 for $7.49. Bags from exclusive retailers like Gucci and Kate Spade can bring a lot more.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links in our stories.

My three counts for DEIB allies

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The last few years have felt like a marathon of conflicting priorities between our personal and work lives, juggling mental and physical health, and reallocating time to causes we care about. There is no doubt that there is little time left for simplicity be.

If you are known as a caregiver, it is likely that these tendencies will show up in the workplace as well. You are overwhelmed with the titles you hold: Spouse, Parent, Adult Child, Professional, and Volunteer, among others. If we’re being honest, a Diversity, Equity, Inclusion and Belonging (DEIB) Leader title also lends itself to being a supervisor in the workplace. Advocating to create and hold space for disenfranchised team members in an emotionless, production-oriented, and viewed culture requires caring and courageous leadership.

To reinforce the weight of these roles, DEIB executives often tend to «go it alone» and believe that loneliness is part of the job description.

I, too, have owned these tracks alone, but my most recent revelation is one I’m singing from the rooftops: we don’t have to be alone in our efforts.

Life has taught me that whatever title you hold, it is obligatory to surround yourself with those who hold the same titles with the same passion, care, vulnerability, transparency and accountability as you do.

While it can be very difficult to give yourself permission to share the weight and responsibility that come with these titles, it is necessary to keep flowing within yourself.

I therefore ask you to recall these accusations.

Get paid for your DEIB work

In the wake of the horrific murder of George Floyd in June 2020, many professionals challenged executives, demanding more than their silence, complacency and unease. Our reasonable request: Care and courage for the lives and livelihoods of disenfranchised people who invest their human capital in the success of society in general and businesses in particular.

Without a clear understanding or acceptance of DEIB’s business case, the C-Suite launched ad hoc programs coupled with unrealistic expectations; The results were mostly inauthentic – a window dressing run by unpaid, overworked, extremely dedicated team members.

Now, nearly two years after the signaling event, money is flowing, but not in the hands of those who initially championed the work, and with no direct support for its sustainability.

It’s never too late to balance your work with your salary and collect bonuses for any work you choose to do now and in the future. It is the surcharge on lived experience and the promissory note on back payments. We have the opportunity to pave the way for future leaders and empower them with capital to continue the important work that lies ahead.

You have the right to declare burnout

The urgency and short timeframe imposed over the past two years to address the DEIB has been overwhelming. Today’s champions recognize that we must seize the narrow window of engagement, even if we are not in the best emotional and financial position to do so.

Unfortunately, it is often women who provide the emotional intelligence necessary to navigate the change we seek and the ability to implement it. in the McKinsey’s 2021 Women in the Workplace reported, one in three women considered quitting work or downgrading their careers, while 42% of women say they often or almost always felt burned out. For women, we dust off our cloaks and polish our crowns in a flash, rushing forward to tend to the well-being of others while neglecting ourselves.

I say this passionately: You have every right to declare burnout when your cups are empty. We weren’t hired to be Olivia Popes and we’re not paid enough to be gladiators to solve the financial services industry’s DEIB scandals and crises. Don’t let your bosses and colleagues fool you any longer.

Burnout is a condition that is often associated with anxiety and depression. Apply for your vacation. Work with trainers, therapists and counselors in a way that serves you. Get your finances in order so you’re ready to activate your next steps.

Think about your DEIB journey

Many of us have developed into DEIB leaders based on our lived experiences. We have formalized our passion by embracing DEIB roles of ally, mentor and sponsor, as well as DEIB notions of psychological safety, unconscious bias and inclusive leadership. HR professionals, often women, specializing in the areas of compensation, employee relations and recruitment are now also responsible for specialization at DEIB.

It’s impossible to be an expert when DEIB specialist is an adjacent role; nevertheless, the DEIB demand requires that we proceed confidently, even if the impostor syndrome afflicts us.

We need to remember that we are human too and perfectionism is elusive for all of us. Our best leadership strategy is to practice what we preach, which requires time to reflect on our actions and to correct and correct course as necessary.

Proceed with care and courage

In my conversations over the years, it has become clear that many potential white allies fear being pejoratively referred to as the «white savior» in their efforts to advance DEIB. When you ride the brand and bring people with you, like Lindsey Lewis, director and chair of the American College Center for Women in Financial Services, so eloquently shares, you don’t need to worry about the label because your actions will show that your efforts are not selfish. You are using your privilege and access for the greater good. Go ahead with conviction.

DEIB executives enjoy it when all boats rise.

As we move forward with care and courage, I encourage you to get paid for getting the work done with your human capital, acknowledging and tackling burnout, and taking time to reflect on your DEIB journey. While we will not end this fight in our lifetime, we can celebrate that we are not alone in this journey and that we boldly care for one another as we fight for the common good.

Lazetta Rainey Braxton, Founder/CEO of Lazetta & Associates and Co-CEO of 2050 Wealth Partners.

3 Reasons to Add Commercial Real Estate to Your Portfolio (And the Easiest Way to Do It!)

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Editor’s Note: RealtyMogul is this week’s guest post on PIMD. They are a real estate investment platform that offers investors access to multi-family, office, retail or commercial real estate deals in dozens of markets across the country.

Disclosure: RealtyMogul is a sponsoring partner of our website.

So, without further ado, let RealtyMogul walk you through the benefits of commercial real estate to your portfolio.


Concerned about how rising inflation will affect your investments? If yes, you are not alone.

That is the good news Commercial real estate has the potential to provide inflation protection and other significant benefits even in turbulent times.

Here are 3 potential benefits of adding commercial real estate to your portfolio:

1) Diversification

A balanced portfolio contains more than just stocks, bonds, and mutual funds. True diversification fills this portfolio with assets that are uncorrelated, meaning if an asset class is underperforming, you have others that will still perform well.

For this reason, real estate remains a popular wealth-building vehicle for savvy investors.

In fact, a 2021 Bankrate study shows that real estate, along with cash, will top the list of Americans’ preferred investments over the next 10 years.

With today’s volatility, adding commercial real estate to your portfolio can provide useful diversification that can potentially help reduce risk and improve stability.

2) Protection against inflation

We are currently experiencing the highest inflation in 40 years. This is a result of several factors, the first of which is that during the pandemic, many Americans — unaware of what the future would hold — began hoarding cash and staying at home to save money.

At the same time, the Federal Reserve injected a ton of money into the economy, increasing the nation’s money supply by 40% over the past two years.

Many consumers are in good financial shape and willing to spend, but due to the crisis in the supply chain, there are not enough goods to meet demand – so the goods we can get are more expensive.

And although last year only 8% of the oil we imported came from Russia, the Russia-Ukraine conflict is contributing to rising fuel prices, further contributing to rising inflation here at home.

Putting all of this down to commercial real estate, real estate (along with commodities) is considered one of the best hedges against inflation. actually mAll commercial leases contain clauses that allow periodic rent increases to match or beat inflation.

Rising rents with relatively stable utility costs can lead to increased cash flow and value, potentially leading to higher returns for investors.

3) Passive Income

Many people who want to get into real estate investing are hesitant to do so because they think the headaches associated with managing tenants, repairs, and maintenance would just be too much. You’re already busy in your main jobs, the last thing you want is a second job.

But luckily, with a crowdfunding platform like RealtyMogul, you can invest in real estate and reap the potential gains without having to manage properties yourself.

On a crowdfunding platform, people pool their money to invest in institutional-grade commercial real estate deals and potentially earn attractive returns. And the best? The real estate companies manage (and sell when it makes sense) the properties for you, providing a passive real estate investment experience.

Your job is to learn to do proper due diligence, because once you’ve invested, your role is to read quarterly reports and look out for any payouts that come your way.

The easiest way to invest in commercial real estate

Founded in 2012, RealtyMogul is one of the premier real estate investment platforms. Once you create an account, you can easily compare and review offers to build the portfolio that’s right for you.

The listings listed by real estate companies on the platform included residential, office, retail, industrial, self-storage and more.

Every deal includes transparent, straightforward financial data to help you make informed decisions to pursue your financial goals. You can also invest in two non-traded Real Estate Investment Trusts (REITs).

Also, you can search their robust knowledge center for articles and videos that will help you expand your real estate investing knowledge.

Since 2012, RealtyMogul members have collectively invested over $850 million in over $4.7 billion worth of real estate, including more than 24,000 residential units, nationwide.

Ready to view offers? Here’s your next step:

To learn more about it RealtyMogul and to view the open investment opportunities on the platform go to: RealtyMogul.com


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PIMDCON 2022 gives you the strategies you need to invest with confidence from people who have already done it themselves! You have access to real estate strategies by doctors for doctors.

The conference also offers wisdom and insights into navigating real estate investing in today’s volatile environment. Places are limited!

September 23-25, 2022 in Los Angeles, CA

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WIN A SPAM® BREAKFAST PACKAGE

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reading time: 2 minutes

We’re giving one lucky reader a chance to win a SPAM® Breakfast Pack!

The price

It’s time to put something Shiss Porc And Mmm in Dad’s Breakfast this Father’s Day, with a chance to win this £100 ‘Satisfrying’ SPAM® Breakfast Pack! Made with at least 90% pork shoulder and ham, uniquely tasty and versatile SPAM® Minced Pork and Ham can be sliced, diced and pan-fried or grilled for a delicious, quick and easy breakfast.

From SPAM®bled Eggs to a traditional fried, we’re giving you a chance to start Father’s Day off with a fried start.
Here’s your chance to win a limited edition SPAM® Breakfast Pack, packed with everything you need to make dad a SPAMTASTIC™ breakfast. The prize includes: a non-stick frying pan; piggy cutting board; Cutting machine; Apron; Spatula and a can and tub of SPAM® ground pork and ham.

For more recipe ideas visit www.spam-uk.com and follow them on Facebook, Twitter and Instagram.

the competition

To participate, simply follow the instructions below.

a Rafflecopter giveaway

The competition ends on Wednesday 15th June at midnight. The winner will be announced on our contest page. Good luck everyone!

Terms and Conditions

  • This Contest is sponsored by MoneyMagpie (“Promoter”).
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  • The prize will be provided by SPAM®.
  • Employees (and their families) of the Promoter MoneyMagpie or its partner SPAM®, their representatives or associated third parties who are directly connected with the administration of the Sweepstakes are excluded from the Sweepstakes.
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  • The winner will be chosen at random by an independent judge and notified by email or phone. The judge’s decision is final and no correspondence will be entered into.
  • By entering the Sweepstakes, you consent to being notified by the Promoter. Upon such notification, Winner must provide Promoter with full details of their mailing address to which Prize will be delivered (if applicable).
  • If the Promoter is unable within 5 business days to (a) contact the Winner (using the details provided at the time of entry) or (b) the Winner does not return their postal address to the Promoter within 14 days of notification of entry, the prize won until a winner is found under these terms, the Promoter reserves the right to draw a new winner.



15 states with the most job openings

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set now
Andrey_Popov / Shutterstock.com

Editor’s Note: This story originally appeared on Commodity.com.

As the US continues to navigate the ongoing impact of the COVID-19 pandemic, key economic indicators are sending mixed messages about where the economy stands today.

On the bright side, GDP grew 6.9% in the last three months of 2021 and consumer spending got off to a strong start in 2022. At the same time, annual inflation is at record levels, according to the CPI and the US federal index. The Reserve is raising interest rates to slow the economy.

Many supply chain issues from 2021 have spilled over into 2022, with new COVID-19 outbreaks in China, the Russian invasion of Ukraine and high energy prices creating additional challenges.

The labor market is providing further unclear signals. The Bureau of Labor Statistics reported in April 2022 that the unemployment rate had fallen to 3.6%, about ​​the rate in February 2020, before the pandemic hit the U.S. Jobs that pay better or offer better working conditions.

But workers have more power in the economy in large part because the labor force participation rate remains below pre-pandemic levels, meaning there are fewer people available for all current job vacancies.

To determine the states with the most job openings, Commodity.com researchers calculated the average job opening rate for the fourth quarter of 2021, the most recent quarter available. The data used in this analysis is from the US Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). In the event of a tie, the state with the greater total number of job offers was ranked higher. The researchers also included statistics on hiring rates, overall hiring, and overall employment.

Here are the states with the most job openings.

15. West Virginia

Mark Ross / Shutterstock.com

Average rate of vacancies: 7.47%
Average rental price: 5.13%
Average Monthly Vacancies: 56,000
Average monthly rents: 35,667
Average monthly employment: 694,805

14.Indiana

Indianapolis, Indiana
Alexey Stiop / Shutterstock.com

Average rate of vacancies: 7.47%
Average rental price: 4.77%
Average Monthly Vacancies: 251,333
Average monthly rents: 148,000
Average monthly employment: 3,104,895

13. Maryland

Baltimore, Maryland
Hethers / Shutterstock.com

Average rate of vacancies: 7.50%
Average rental price: 3.80%
Average Monthly Vacancies: 217,667
Average monthly rents: 102,333
Average monthly employment: 2,692,982

12. Massachusetts

Worcester, Massachusetts
Sean Pavone/Shutterstock.com

Average rate of vacancies: 7.50%
Average rental price: 3.70%
Average Monthly Vacancies: 288,667
Average monthly rents: 132,333
Average monthly employment: 3,576,577

11. North Carolina

Winston-Salem, North Carolina
Sean Pavone/Shutterstock.com

Average rate of vacancies: 7.57%
Average rental price: 5.07%
Average Monthly Vacancies: 375,667
Average monthly rents: 232,333
Average monthly employment: 4,585,526

10. Missouri

St Charles Missouri
Rob Neville Photos / Shutterstock.com

Average rate of vacancies: 7.60%
Average rental price: 4.03%
Average Monthly Vacancies: 235,333
Average monthly rents: 115,000
Average monthly employment: 2,851,240

9. Vermont

Lake Memphremagog in Newport, Vermont
NEKVT / Shutterstock.com

Average rate of vacancies: 7.77%
Average rental price: 4.70%
Average Monthly Vacancies: 25,000
Average monthly rents: 14,000
Average monthly employment: 297,872

8.South Carolina

Mount Pleasant, South Carolina
Kevin Ruck / Shutterstock.com

Average rate of vacancies: 7.87%
Average rental price: 5.57%
Average Monthly Vacancies: 184,667
Average monthly rents: 120,333
Average monthly employment: 2,161,677

7.Michigan

An aerial view of Muskegon, Michigan
Jacob Boomsma / Shutterstock.com

Average rate of vacancies: 7.90%
Average rental price: 4.80%
Average Monthly Vacancies: 365,333
Average monthly rents: 204,000
Average monthly employment: 4,250,000

6. Wyoming

Sheridan, Wyoming
Sandra Foyt/Shutterstock.com

Average rate of vacancies: 7.93%
Average rental price: 5.17%
Average Monthly Vacancies: 24,000
Average monthly rents: 14,333
Average monthly employment: 277,419

5. New Hampshire

Portsmouth, New Hampshire
Sean Pavone/Shutterstock.com

Average rate of vacancies: 7.93%
Average rental price: 4.80%
Average Monthly Vacancies: 57,667
Average monthly rents: 32,000
Average monthly employment: 666,667

4. Georgia

Fulton County, Georgia
Jeri Bland / Shutterstock.com

Average rate of vacancies: 8.23%
Average rental price: 5.30%
Average Monthly Vacancies: 416,667
Average monthly rents: 245,333
Average monthly employment: 4,628,931

3. Montana

Livingston, Montana
Nick Fox / Shutterstock.com

Average rate of vacancies: 8.37%
Average rental price: 5.40%
Average Monthly Vacancies: 44,667
Average monthly rents: 26,333
Average monthly employment: 487,654

2. Hawaii

An aerial view of Kahului, Hawaii
Claudine Van Massenhove / Shutterstock.com

Average rate of vacancies: 8.60%
Average rental price: 5.73%
Average Monthly Vacancies: 55,000
Average monthly rents: 33,333
Average monthly employment: 581,395

1.Alaska

Anchorage, Alaska
Rex Lisman / Shutterstock.com

Average rate of vacancies: 9.00%
Average rental price: 6.17%
Average Monthly Vacancies: 31,000
Average monthly rents: 19,333
Average monthly employment: 313,514

methodology

Man analyzing data on a laptop
fizkes / Shutterstock.com

The data used in this analysis is from the US Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS).

To determine the states with the most job openings, the researchers calculated the average number of job openings for the fourth quarter of 2021, the latest quarter available.

In the event of a tie, the state with the greater total number of job offers was ranked higher. The researchers also included statistics on hiring rates, overall hiring, and overall employment.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links in our stories.

7 Books I Recently Finished

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In 2022, I’m setting monthly reading goals and aiming to finish at least one book every week. So far I’ve mostly been able to stick to it!

Note: You can follow the books I’m finishing this year and my star ratings on GoodReads. Books are also rated on a scale of 1 to 5 stars. I basically won’t finish a book if it’s only worth one star (not worth my time!), and I rarely give a book a 5-star rating unless it was just absolutely amazing or life-changing.

I fell a bit behind on my monthly reading goals and ended up not setting any book goals for May as I’m still working through the April stack.

And it’s been a while since I’ve published any book reviews, so without further ado, here are seven books I recently finished…

The Book of Lost Names

This audio book is the fictional story of a Jewish woman-turned-forger who helped create documents for many children to safely cross the border into Switzerland during World War II.

I found the details of how they created the documents very interesting, and I also found the sections on belief and identity thought-provoking. I also appreciated some of the rawness the author used to describe how the main character’s mother dealt with the heavy loss and beatings…because I was wondering how I would react if I were in her place .

Despite this, I felt that some parts of the book were a little incredible and other parts felt that they lacked depth and development. So I thought it was a good novel but personally didn’t think it was great (although judging by the multitude of 5 star Amazon reviews I’m in the minority!)

Conclusion: 3 stars

The hard good

I had been reading a lot of this book in preparation for my podcast interview with Lisa Whittle, but I finally had the opportunity to finish it recently. There were so many passages that I found valuable – from her honesty, to coming to terms with the loss of her father, recognizing the mistakes he made and how they affected her, to talking about what needs to be done , when someone else gets what you really wanted.

Lisa doesn’t sugarcoat anything. She’s honest, and this book is likely to get on your toes, at least at some point. But it’s filled with messages of hope and reminders we all need to hear.

When life is feeling tough and overwhelming right now and you just want to check out and unwind, I think The Hard Good will challenge you in a helpful way.

Conclusion: 4 stars

Gentle and humble

This book has been highly recommended to me over and over again. I didn’t know what to expect and it actually wasn’t what I expected! It is basically a book that talks about the gentle and gracious nature of God and deals with many Puritan writings that emphasize and amplify this.

Although most of the chapters and concepts weren’t new to me, it was a good refresher. I also think it would be very valuable reading if you are struggling with feeling loved by God or struggling with being a disappointment to God.

Despite this, I felt that many of the chapters contained so many quotation marks that the writing felt broken and a little disjointed. I feel that the heart and flesh of the book was excellent, I just felt at times that the writing wasn’t as powerful as it could have been.

Conclusion: 4 stars

hero on a mission

I wanted to like this book, but I really disagree with its premise (stated very clearly from the start) that God has no plan for our lives and that it is up to us to make our own stories. I think if the author hadn’t come out of the gate so strongly with this statement, which I believe is theologically/biblically incorrect, I probably could have approached the book with a different mindset. But that statement really misled me.

That statement aside, I appreciate the encouragement in the book not to be a victim of your life, and I strongly agree that we should take personal responsibility, not let a negative perspective influence our decisions, and that we should live our lives with that end of our lives in mind.

But I think all of this should be lived with the understanding that God is ultimately weaving a masterpiece with our lives and we should look to Him for guidance and guidance, seeking Him every step of the way, relying on and trusting in Him through the hard and dark times.

Conclusion: 3 stars

If you’ve always wanted to gain insight into foster care, this book is a must. Tori’s story is both heartbreaking and heartwarming. I appreciated her honesty in sharing the trauma she experienced in her birth family and foster care system. But I also loved the triumph she shared and the hope she left us at the end of the book.

I particularly loved her perspective on how one person who was faithful and invested in their life made such a difference in their future path. It was inspirational to think about how we can impact a life by being willing to show up, keep showing up, show love, give grace and communicate with our lives that someone has worth and worth.

One of the things I found most helpful in this book was Tori’s thoughts on the nursing system as a whole. She had such wise insight there, and it gave me a lot to think about.

If you are a foster parent, thinking about becoming a foster parent, or interested in foster parenting at all, I highly recommend this book.

Conclusion: 4 stars

danger in the palace

I’ve been reading through the Imagination Station books with Kiertyn and D for the last few months and we just finished book #3. I read these books with our elders three years ago, so it was read again – and Kierstin really loved and engaged with them!

Conclusion: 3 stars

Small house in the big forest

Kiertyn and D and I also listened to this book on audio. We’ve listened to it on many of our walks and it’s such an entertaining audio book! (We downloaded it for free on Hoopla.)

Conclusion: 4 stars

What have you read lately? Any books you think I should read?

How Much Do YouTubers Earn? Facts and figures for 2022

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How Much Do YouTubers Earn?

The average YouTuber makes $0.18 per view, which is about $18 per 1,000 video views.

There you are, sitting in bed with your phone turned on its side and your headphones on, watching one of your favorite artists’ VEVO channels, a makeup tutorial, an how-to video, or one of the many prank channels that you can’t get enough of can get from. At first you probably think that these people are uploading their content for free. And sure, they might have started out that way in their early days, but we’re here to tell you that some of YouTube’s most watched channels are making money — and lots of it. So how much do YouTubers make exactly? We will tell you.

If you’re wondering how much money YouTubers make, you’ve come to the right place. We go over the average YouTube pay rate and tips and tricks for creating a successful YouTube channel. All you have to do is read on.

How much do YouTubers make per view?

Five icons underscore the factors that can impact YouTube revenue and ultimately how much YouTubers earn, including video length, ad blockers, and ad quality.

Curious how much money YouTubers make per view? According to a variety of sources, YouTubers can do anything in between $0.01 to $0.03 per call with AdSense, averaging $0.18 per view. However, the amount YouTube.com pays depends on several factors, including:

  • The number of views your video receives
  • The number of clicks an ad receives
  • ad quality
  • ad blocker
  • video length

How Much Money Do YouTubers Make From 1,000 Views?

With an average YouTube fee of between $0.01 and $0.03 per ad view, a YouTuber can make around $18 per 1,000 ad views, it turns out $3 to $5 per 1,000 video views. Forbes also estimates that a top talent YouTuber can earn about $5 per 1,000 video views.

With that in mind, creating a YouTube channel can be a great side hustle, especially if you produce engaging content that attracts a large audience. Getting to this point can be hard work, though, and we’ll go into more detail later in this post.

How much money does a YouTuber make per subscriber?

YouTube doesn’t pay you based on the number of subscribers you have on your channel. Subscribers are people who choose to follow your account so they have easy access to your latest videos. When you post a video, it will automatically appear on their homepage.

Subscribers are valuable because they will most likely comment, like, and share your videos with even more people. That means you can get more views and potentially more YouTube money if you run the right ads. So while YouTube doesn’t pay you based on the number of subscribers you have, they are a significant part of the number of views your videos get.

How much money can a YouTuber make per video?

How much money a YouTuber can make per video depends on a variety of factors, such as: B. by the number of views he collects and how many Google ads are shown in his videos. Use forbes estimated reward rate of $5 per 1,000 views, A YouTube video with 1,000,000 views can bring in as much as $5,000, which makes being a modern day influencer quite a lucrative job! However, as mentioned, these are estimates and some creators may earn more or less depending on the quality of the ad, click-through rate, and other factors.

A line chart shows that US social video advertising spending will reach $24.5 billion in 2022, impacting the answer to the question how much do creators make.

It’s also important to note that this is also a fast-growing industry. According to a study by eMarketer, spending on social video advertising will increase by 20.1% by the end of 2022. That’s an increase of $24.35 billion.

How many views do YouTubers need to get paid?

A checklist outlines the specific criteria that creators must meet in order to become part of the YouTube Partner Program through which creators are paid.

In order to get paid by YouTube, you must first reach a balance of at least $100 through views. That means if you get $5 per 1,000 views, you need to collect 20,000 views. To achieve this, YouTube created the YouTube Affiliate Program, which allows you to get paid through ads on your page. To be accepted into the YouTube Partner Program, you must:

  • Have at least 1,000 subscribers
  • Reach 4,000 valid public watch hours in the last 12 months
  • Sign and agree to the terms and conditions
  • Do you have an AdSense account
  • Get verified and approved

Once you join the YouTube Affiliate Program, you can start making money through advertising. This is done in two ways, either cost per 1000 views (CPM) or cost per click (CPC). CPM allows you to earn money based on every 1,000 views collected, while CPC allows you to earn money based on the number of people who click on the ad placed on your page or video.

However, it’s important to note that Google gives you 68% of revenue when you run ads with AdSense. So, for example, if a video generates $1,000 in AdSense revenue, you get $680.

What other ways do YouTubers make money?

Ad placements aren’t the only way for creators to make money and generate additional revenue. A YouTuber’s salary comes from a variety of other sources. Here are some other options to supplement a YouTuber’s income:

  • Affiliate Links: Have you ever seen a video of a YouTuber reviewing a product? How about one where a YouTuber throws in their «favorite brand» name? If so, have you experienced affiliate links. With affiliate links, a YouTuber reviews or mentions a product, e.g. e.g. make-up, or a service, e.g. B. Marketing software. When a viewer clicks the link in the video description and makes a purchase, the creator receives a percentage of that purchase.
  • Fan shop: Whether you follow a popular gamer or an everyday vlogger, you’ve probably noticed that they opened a store and created clothing for their loyal fans to purchase. YouTubers who have a large following often brand their channel and sell things like shirts, bags, hats, and accessories.
  • Sponsorship: With over 2 billion monthly users and 15 billion daily views, YouTube is the most widely used video viewing platform today. And if you’re a big YouTuber with a strong following, companies will want to work with you. Famous YouTubers also make their money through brand sponsorships. You might be surprised how many brands are happy to pay YouTubers to review or promote their products and increase their sales.

Who are the highest paid YouTubers?

So how much do YouTubers get paid? Now that you know how they get paid, you might be curious how much money they bring home each year. Take a look at the top ten YouTuber salaries in 2021:

YouTuberrevenue
MrBeast$54 million
Jake-Paul45 million dollars
marker$38 million
Rhett and Link30 million dollars
unspeakable$28.5 million
Nastia28 million dollars
Ryan Kaji$27 million
age perfect20 million dollars
LoganPaul18 million dollars
Preston Arsenal16 million dollars

If YouTube has proven anything over the past decade, it’s that the platform is a great tool for self-motivated people who want to take charge of their careers. Because there is almost nothing better than having a job you are passionate about and at the same time being able to share it with the whole world.

More frequently asked questions about how much YouTubers make

Here are some frequently asked questions about YouTube earnings:

How much does a YouTuber with 1 million subscribers make per year?

The average YouTuber salary for those with at least 1 million subscribers is $60,000 per year.

How much do YouTubers make for 1 million views?

A video with ads and 1 million views can earn a creator between $2,000 and $3,000.

Do YouTubers get paid well?

On average, creators can earn $18 per 1,000 ad views.

Who is the richest YouTuber?

MrBeast is now the richest YouTuber, making $54 million in 2021.

How much do YouTubers make with 100,000 subscribers?

On average, creators with 100,000 subscribers can make between $600 and $1,000 per week, which brings in between $2,400 and $4,000 per month.

How Many Dollars Do You Make Per Subscriber on YouTube?

Creators don’t get paid based on how many subscribers follow their account. Ad viewers are the main source of income for content creators on YouTube.

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Vacancies outweigh unemployment for the first time

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reading time: 2 minutes

For the first time, job vacancies outweigh unemployment.

For the first time since records began, there are currently more job offers than unemployed. Between January and March 2022, the unemployment rate fell to 3.7%, its lowest level in almost 50 years.

During the same period, the number of job vacancies in the UK rose to 1.3 million – a new high. The number of vacancies thus exceeds the number of unemployed for the first time.

Despite this, wage rates and the minimum wage have not risen in proportion to inflation, leading to an intense crisis for many. This has caused the cost of living crisis to deepen, with food and fuel costs rising at a rapid pace. The Office for National Statistics (ONS) suggests the figures show a «mixed picture».

The data also showed an increase in the number of people entering work after previously being inactive. That means more people aged 16-64 than ever are choosing to work, even if they’ve struggled before. They may have previously been unable to work due to disability, illness or caring responsibilities.

The number of people moving into new jobs and new forms of employment has also reached a record high. The ONS suggests that despite widespread layoffs and job losses as a result of the pandemic and subsequent economic turmoil, these job changes are due to layoffs rather than redundancies.

An increase in the number of available jobs may be good news for many – suggesting that companies can afford to hire new employees. For many, however, it was a great struggle to fill positions. Many small businesses have to spend thousands of pounds advertising new vacancies just to avoid being filled.

Although wages cannot keep up with the rate of inflation, according to statistics, they have increased slightly. Standard wages excluding bonuses increased by 4.2% between January and March this year. However, this is significantly lower than the current inflation rate of 7%.

Although many companies and employers tried to adjust wage rates for their employees to soften the blow of inflated prices, the study shows that total disposable income fell by 1.2%. That’s the biggest wage drop since 2013.

It’s not all doom and gloom, however. Certain industries even saw huge increases in their wages. Construction and financial services firms saw increased bonuses and salaries as a way to attract new employees and retain existing ones. Total wages increased by an average of 7% in these industries.



7 things to consider when starting a new job

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Starting a new job can be a stressful time. In addition to trying to learn a new role and making new connections with colleagues, there are a number of financial considerations and new benefits to consider.

Below are some finance areas to focus on and opportunities you may have when you start a new job.

1. 401(k): Roth or Traditional

Many employers now offer the choice of making traditional pre-tax 401(k) contributions or post-tax Roth 401(k) contributions. Although overall contribution limits remain the same, you can usually split contributions between the two options as you see fit.

When considering how to allocate your savings between the two, your current and future tax rates should be the primary consideration. If you expect to be in a lower tax bracket when you retire and withdraw the money, your best bet is to claim the tax deduction with a traditional 401(k).

If you’re unsure of your future tax rate (like most of us), you can split the contributions between the two options. Or better yet, if your income is variable, you can make Roth contributions in your lower-income years when your tax rate is lower, and traditional 401(k) contributions in your higher-income years.

When deciding how much to contribute, make sure you understand if your employer offers a matching contribution. Be sure to contribute enough to at least earn the match. And don’t forget to think about it either What to do with your old 401(k).

2. disability insurance

Disability insurance can be a great benefit for employers. It allows you to leave your emergency fund and long-term investments unaffected if you were unable to work for a period of time.

You may have the option of paying the premium yourself instead of having your employer pay for the cost of the insurance. It might seem like an added benefit to have your employer pay, but if you pay the premiums instead, any benefits you receive are tax-free.

3. health savings accounts

If you choose a high-deductible health plan, make sure you do it Benefit from an HSA. Some employers may even contribute to an HSA on your behalf.

Using a health savings account offers three different tax benefits:

  1. Contributions are tax deductible.
  2. Income from investments within the account are tax deductible.
  3. Withdrawals of contributions and income from the account are tax-free when used qualified medical expenses.

And if you’re able to pay for medical expenses from your current cash flow and invest the funds in your HSA for the long term, you really can Take full advantage of these tax benefits.

4. Flexible spending accounts

If your employer offers an FSA, it could be a great way to reduce your tax burden. Contributions to these accounts are typically made on a pre-tax basis, meaning they reduce your taxable income.

Healthcare FSAs can be used if you do not have an HSA. Note, however, that unlike HSAs, funds typically must be used by the end of the plan year.

Dependent care FSAs can also be a great way to save on taxes if you have young children. To use these accounts, both parents must have earned income, and you must have childcare expenses for children under the age of 12. You also need to weigh the benefits of the FSA option versus taking it Child and Nursing Loan – You cannot use the same expenses to qualify for both.

5. tax deduction

Starting a new job is a good time to review your withholding taxes, especially if you’ve received a large refund or tax bill in the past.

The IRS has been updated Form W-4 in 2020, so it may look different than the last one you filled out. Fill out the form as accurately as possible according to the instructions. And be sure to revisit this form if you have major life changes, such as: B. to have a child or to get married.

If you work with a CPA or financial planner, ask if they can run a tax forecast for you to see if your withholding taxes are on track. This is the most accurate way to determine if you should withhold extra money from each paycheck.

6. Group Life Insurance

Many employers pay the premiums for a certain amount of life insurance for their employees. However, this typically applies to a death benefit of just one or two times your salary. And depending on your circumstances, you may need a lot more insurance than this.

For most people, purchasing individual term life insurance is cheaper than purchasing additional coverage from your employer. However, if you or your spouse have a medical condition that makes it difficult to qualify for an individual policy, group policy through your employer may make sense.

7. Equity Reward

If you receive a participation fee from your new employer, first get a good idea of ​​the plan and the type of participation you will receive. The tax implications of receiving RSUs versus stock options, for example, can be very different.

If you anticipate a high-income year as a result of the vesting or vesting of some awards, plan ahead and consider whether anticipated tax payments may be required. This can help avoid penalties for underpayments at tax time.

Once you own stock in the company you work for, you want to make sure you don’t have too much of your net worth invested in your employer’s stock. Tying your financial capital and your human capital to the same company can be a risky proposition. As a general rule, you should try not to invest more than 5-10% of your wealth in any one stock.

Changing jobs can come with some challenges. But it also offers an opportunity to ensure you’re maximizing your benefits in a way that aligns with your personal goals.



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