In 2016, my wife and I moved to Spokane, Washington from Austin and we were excited to find a home on the South Hill near Manito Park. The area was beautiful we hoped that our equity from our home in Austin would be the difference for getting into an old craftsman in this historic area. Then reality hit us when we realized we were priced out of the area. Our budget was $250K and virtually everything was higher. Buying a home on a busy street was our answer.
Location, Location, Location
This is a classic line for realtors and Dave Ramsey. It is a cliche, but it’s incredibly true. A great neighborhood like the South Hill in Spokane or the North End in Boise is the kind of place that is always headed up and constantly has strong demand. The trick is finding something that causes others to pass over a home in these neighborhoods. In our case it was the fact that the home was on a four-lane road.
Japanese Gardens in Manito Park – Right in the Heart of Spokane’s South Hill
What is the right compromise?
For us, a house on a four-lane road was the compromise we were willing to make. Our bungalow was blocks away from a beautiful park and walking distance from one of the best elementary schools in the city. There were plenty of other benefits to this move. We looked at several houses that would have been complete overhauls and that was too much for us. We also saw houses that had weird layouts. Those weren’t compromises we were willing to make even though they may have still paid off in the end for the investment.
Don’t be Scared of the Dropping Price
In order to find value in the housing market, there has to be a price drop. This seems obvious, but dropping prices also have a tendency to create a stink on a house. It’s easy to start to wonder what others are seeing that you might be missing. When we bought the home on the four-lane road it was on its third price drop. I looked at the massive backyard and the refinished interior of the home and then I felt the doubt creep in. What was I missing? What had others seen?
The simple fact was that it was a home on a busy street that had scared most people off. Most people hadn’t even checked the home out. I wasn’t missing anything. I had just found a deal.
Homes on Busy Streets Go Up in Price at the Same Rate
Our home will not sell for the same price as similar bungalows just blocks away on the quiet neighborhood streets. However, it still goes up at about the same rate as the surrounding neighborhood. The neighborhood has gone up in value at a higher rate than the surrounding areas in Spokane and so that is what matters for my investment. In the end, this was a win over what we would have gotten from other parts of Spokane and even beat out the growth on the home we sold in Austin.
Why is this important right now?
The main thing I hope anyone gets out of this article is that it pays to be open to homes that others may shy away from. Whether it’s a home on a busy street or a granny house with terrible wallpaper. Going into 2025, the housing market is softer than it was when I found my home in 2016. Homes that aren’t nicely dialed in tend to drop further then they should. There is value out there to be found even in high demand neighborhoods.
By: Chris Bemis
I woke up to the fact that I was on a financial journey at 28, right after the birth of my son. I was a high school science teacher in Austin, Texas and up to this point money had always been an afterthought.
Everyone starts somewhere
My wife and I had just finished working for a Christian college ministry for the majority of our twenties and so we had next to no money to start the family phase of our life. We had just moved to Austin and so she had picked up a part time job at a yoga studio. Needless to say, our starting place to building wealth was far from ideal.
No value dwelling in the past
I struggled for years with my decision to work in ministry because of how it set us up financially for our transition into parenting. Did I think I heard God and just miss something? There were so many thoughts that ran through my head, but nothing in it was valuable. Others may deal with bigger challenges than me like debt or a failed business, but not matter how rough the situation, dwelling on it never helps.
Don’t Focus on how you compare to others
Feeling behind is a constant for most people. We have so much visibility to people who have made it big and so its easy to feel like you are stuck on the wrong track. For me it was made worse by being a young dad. I looked at other families with kids of similar age and I was typically looking at guys who were 7-10 years older than me. Regardless, it was so easy to compare and feel like a loser.
Finding Grace for the Season you are in
Grace is simply the experience of finding favor for yourself and your situation regardless of the circumstances. I personally looked to God for this, but the important thing is to find it however that works for you. It is about finding a calm place to say that “Where I’m at is okay,” and “I can always move forward.” This ends up being the foundation to keep moving forward.
Focus on Gaining Ground Each Week
In the tough years that we had with small kids, the one thing that kept me on track was to focus on the journey in terms of weeks and not years. The bigger the picture, the more overwhelming it felt. I could focus on weeks and keeping us on track. I could make sure I did everything at work to build my career which soon moved to pharmaceutical manufacturing.
Learning to Enjoy a Frugal Life
In Austin, we enjoyed a fun life even though money was super tight. We had our big dinners out at Central Market instead of a fancy restaurant. We were regulars at every park in South Austin and also did a lot of laps around the neighborhood with strollers. It was simple, but we also learned that it could still be a really full life.
Hit the Reset Button when needed
In our tight budget years, we had good weeks, but we also had crappy weeks where we just had to hit the reset button. That was the biggest way that we needed grace for the journey. The ability to reset when we went way over our budget or had unexpected expenses was the only way to fight back discouragement in the tough years.
The most important thing
Finding Grace for your financial journey isn’t important because of how difficult things can be at times. The reason its so important is that if we stay on track and continue doing the right things, the weeks turn into years and the results can surprise you.
Over time, the paychecks grow and businesses break through. After years of struggle, a few breaks can suddenly open things up.
Simply staying out of debt can transition to increasing investments and building wealth. That is why finding grace for the journey is so important.
By: Chris Bemis
If you are reading this article, you are probably looking to upgrade your home and wondering, “Is Wayfair Legit at these prices?”. Wayfair products are typically lower cost than most options available and a great way to add style to your home if you are on a budget. Wayfair also has higher price points that offer a higher quality in a very similar fashion to the range of products offered by IKEA.
My wife and I have been successful outfitted multiple properties with various items from Wayfair and are quite pleased with our ability to come in under budget on all the projects.
Is Wayfair legit like IKEA?
Wayfair and IKEA both offer some of the most reasonable prices for furniture. Both have models that are great on price and have clean, modern style. The other side of this is that Wayfair and IKEA are both lighter on material and so may not be the sturdiest pieces.
Wayfair is great furniture for adding modern style
Wayfair stays current with trending styles. There is a steady supply of modern styles for vanities, beds, couches or barn style doors that can be used to refresh a space. This is ideal for an older home that needs a refresh.
Wayfair is perfect for outfitting an Airbnb
My wife and I outfitted a two-bedroom Airbnb with bed frames, dining table and end tables from Wayfair. All the furniture was good quality and helped us set a modern tone for the space. The biggest thing was that it kept us under budget for setting up the space. We are three years into hosting and everything has held up well.
What are the best items to buy from Wayfair
Wayfair has tons of options, but they definitely have a few items that they do the best. If you stick to those items, then you should find that Wayfair is good quality for the price.
Wayfair Vanities offer great selection and style.
After buying an older home in Spokane, Washington, my wife and I set out to remodel the bathrooms. We paid for new tile to be installed and then we bought and installed Wayfair vanities ourselves. This was a great way to keep our budget intact and refresh the style of both spaces.
Click on the Image of the Vanity we used in our Bathroom Remodel to see what else Wayfair has to offer:
Wayfair Barn Doors offer the best selection anywhere
For our upstairs bedrooms where space was tight, we ordered two barndoors from Wayfair. Wayfair has by far the best selection for barndoors and are much less expensive than other options. We installed one more traditional door in our daughter’s room and this glass door on my wife’s closet. It gave a modern upgrade to both rooms and removed swinging doors where there is now space.
Why is Wayfair so Cheap?
It’s the volume, but this also is why people ask, “Is Wayfair Legit?”. Wayfair is a massive supplier and has a big production capacity. Also, similar to IKEA, they do scale the level of quality based on price. That is great if you are on a budget. Wayfair is often the best option and the quality is always good for the price from my experience.
Is it safe to purchase on Wayfair?
Absolutely, Wayfair is a legit, major supplier and so it is safe to purchase from them and they typically deliver within a couple of weeks. We’ve even ordered and had items delivered to Austin when we were not in town. We haven’t had a single problem.
Is it a good idea to buy Wayfair items on Facebook Marketplace?
Similar to IKEA, be wary of Wayfair items on Facebook Marketplace since there could be wear and tear that these types of furniture don’t handle as well. Be sure to inspect the item thoroughly to make sure there is no damage since the lighter construction from these companies does limit how sturdy their products are. Just be careful out there since Facebook Marketplace is always a risk and so you need to make sure you inspect well. Used Wayfair items can be great if maintained well. Is Wayfair legit for buying second hand? That is less certain.
Conclusion
Is Wayfair legit? It definitely is and is a great way to get some modern style into an older home on a budget. If you are looking to find a deal on an older home that needs a little work, then Wayfair can be perfect to keep you on budget during remodeling.
By: Chris Bemis
One of the biggest challenges of raising mentally strong kids is that for the process to work, they need to start taking ownership of small aspects of their life. They can’t have parents who just take charge of everything and are in constant care taking mode. This is where school lunches come in because it’s a super easy item to hand off and help kids to own from the grocery shopping to packing up each morning.
If kids know they own it, they will step up.
This is the biggest thing for the school lunch hand off. Parents need to really let them own it and be ready for some potential for a few less-than-ideal lunches. The huge thing is that if a child detects or experiences that they can hand this back then they will. This is just human nature and doesn’t mean they are lazy. If the kids can read that parents are committed and its been clearly communicated, then they will step in and own it.
For our family, this partly happened because I’ve always worked really early and so my wife was solo getting the kids ready for school. Our kids walk to school and so the morning routine has always been pretty independent. The funny thing was that we noticed how much the kids would flex the whining in other aspects of life, but the morning lunch routine had just become the norm and so they didn’t fight it at all.
Bringing the Kids into the Shopping Trip
It’s pretty typical that I drag my kids along with me to the store on Sundays when we need to reload for the week. I tell them that they have to come to make sure that we have what they need for lunch. We look at the fridge together beforehand, but they are responsible making sure we grab what they need to complete their lunches for the week.
It is good for kids to pull items off the shelf and see the prices for the items. This helps them start of slowly understand the cost of things and can also spark good conversation if Dad makes them put back a certain item because its twice the price of something that is nearly identical.
A side note on this is that now that my kids are in middle school, this is a cheap trick to get a little extra time with them. From experience they know that I will forget what they need at the store and so they are willing to come with me to make sure we get it. The little bits of conversation along the way are a great bonus.
Raising Mentally Strong Kids, but also Making it Easier for Parents
A big thing that has helped with this lunch routine is that it takes the edge off the mornings getting ready for school. As I mentioned prior, I’m normally wake the kids up as I head out the door and so it provides one less thing for my wife to worry about as she still helps them get going each morning.
Our lives are plenty busy and so this one little thing to take the edge off each morning is more than welcome. This is a small thing that our family is doing to help our kids gradually step into more responsibility and resilience in their life. We view it as a small workout that they do for their resilience muscle each day that keeps this aspect of life fresh for them. The big hope is that this helps them step into life when they are out of the house well, but it sure does make our mornings calmer right now.
By: Chris Bemis
If you like this article, check out two more on this topic:
Raising Mentally Strong Kids by Involving them in Home Improvement
Raising Mentally Strong Kids by Helping them Understand the budget
When a company is in a state of insolvency, it’s an emotional time, and that pressure can trigger poor decisions. Navigating financial trouble with a clear strategy makes the difference between recovery and collapse.
Understanding common missteps during critical periods is vital to safeguarding your business and reputation. Avoiding these pitfalls does assure a far better chance for survival, be it misjudgments of financial restructuring or neglect of one’s legal duties. Here are six mistakes to steer clear of when your company is grappling with insolvency:
Overlooking Professional Guidance
Insolvency is a complex financial and legal problem requiring professional expertise, and not an issue you can solve on your own. Delays in seeking professional help result in lost opportunities for restructuring or recovery, with increased risks of legal non-compliance.
Licensed insolvency practitioners provide advice and experience in offering solutions tailored to specific company’s needs. Consult specialists from companies like BABR on how to go about negotiations with creditors and asset management. Find professionals who can investigate options for recovery, such as pre-pack administration or Company Voluntary Arrangements. Look also at their prowess in different areas, such as debt recovery, which can be crucial when dealing with such challenging times.
Ignoring Early Warning Signs
Early warning signs of insolvency include reduced cash flow, growing concerns over debt obligations, and missed payment deadlines. It’s these signs that too many business owners consider temporary setbacks, hoping the situation will correct itself with time. This approach too often delays needed interventions, minimizing the options for recovery.
The more proactive steps would be when a problem has been noticed earlier. Cash flow analysis and checks on profitability could indicate problems from their regular financial assessments. Early identification of problems presents a time for the business to pursue solutions, such as debt restructuring or cost-cutting, that could stabilize the business.
Failing to Communicate with Stakeholders
Creditors, suppliers, employees, and other stakeholders are less likely to lose confidence in an enterprise if they are kept informed than if they are kept in the dark. If confidence is lost, relationships become strained, and cooperation, when needed, is withheld.
Openness and transparency in communication are just requirements to restore stakeholder confidence and invite cooperation. Understanding the firm’s situation, the stakeholders may help by offering solutions; they may extend the date for the payment, make an agreement restructuring, or render other forms of support.
Mismanaging Legal Obligations
Directors often inadvertently infringe the law by continuing to trade insolvently or not acting in the best interest of the creditors. This may have severe consequences, from directors’ liability to the company’s reputational loss. Any mistakes aggravate the financial condition and shrink the possibility for recovery.
The possibility of insolvency is a factor that calls for seeking legal advice as soon as possible. The directors will be able to perform their duties, including being conscientious of the interests of the creditors and not making any preferential payment, through taking professional advice. Cooperation with legal experts secures compliance with the law in investigating practical recovery options, such as administration or liquidation.
Misjudging Financial Restructuring Options
Inappropriate choices such as high-interest loans or selling off crucial assets add to the burden and endanger the possibility of long-term recovery. The main reasons for such incorrect judgment about the feasibility or impact of such measures mainly originate from a lack of proper planning and analysis.
To avoid this, any business should appropriately review its current situation regarding liabilities, available resources, and revenue potential. The evaluation helps directors identify better refinancing options and negotiate with suppliers. It could also entail scaling down on less necessary operations that would keep them afloat without losing their core activity.
Ignoring Employee Morale
The employees become highly disturbed, and their morale depresses due to job uncertainty. However, all these matters typically remain overlooked by most directors, who divert all their attention to financial and legal issues. Maintaining open communication with employees and involving them in recovery will help maintain morale.
Regular updates on the company’s status, plus reassurance that everything possible is being done to ensure its future, will lessen anxiety and make the employees pull together. Engaged and motivated employees are bound to generate innovative ideas and keep the quality of work high, factors so essential for a company’s survival during bad times.
Endnote
Insolvency can be challenging, but it does not have to be the end of the world for your business. You need to ensure that mistakes like ignoring warning signs and not seeking professional advice are avoided at all costs. Open communication, legal compliance, and strategic planning will be your lifeline in this trying period.
When digital commerce emerged in the late 90s, there was resistance from customers to buy online and give out private details like addresses and credit card information. As the internet itself was a relatively new phenomenon, trust was a significant issue then. Only a handful of players, like Amazon and eBay, attempted to sell digitally.
Security was a paramount concern, with most customers preferring the tangible experience of shopping from a physical store rather than online.
Now, in 2024, e-commerce is a $5.8 trillion industry, with over 2.7 billion people making online purchases from all corners of the world.
This transformation in the past two decades is due to the trust-building ecosystem that technology has enabled. What seemed like a risky experiment is now indispensable to how most people live, work, and consume.
Challenges of Global E-Commerce
According to Forrester, digital payments have surpassed traditional methods of payment in the U.S., with over 69 percent of adults using it in the past three months, as of 2023.
Now that shopping, bill payments, and peer-to-peer transfers are staples of digital life, the convenience they offer can present some challenges.
One of the primary challenges is online fraud. According to a 2022 survey, global e-commerce fraud reached $41 billion, and the number is projected to increase.
First-party fraud, where customers dispute legitimate charges and ask for a refund, is a growing concern. According to a recent report by FIS, 70 percent of merchants cite first-party fraud as a top challenge because it undermines the trust between businesses and customers.
To address this, businesses are turning to advanced technologies, which combat fraud and create an environment of transparency and accountability.
How Technology Builds Trust and Prevents Fraud
Modern technology offers businesses the tools to address vulnerabilities and reassure customers. Here is how:
Fraud Detection and Prevention
Advanced AI and machine learning can identify unusual patterns in real time, helping businesses stop fraudulent transactions.
For example, algorithms can flag suspicious online behavior, like rapid purchases from multiple locations.
Chargeback Prevention Tools
Chargebacks, where the customer claims a refund, are a significant challenge in digital transactions. Just like first-party fraud, this dispute is due to accidental claims for a refund or due to criminal activity. Chargeback prevention services help counter this.
Data Encryption and Blockchain
Robust encryption technologies protect customer data during transactions. By safeguarding payment details, businesses reassure customers that their information won’t fall into the wrong hands.
This trust has led to the historic rise of newer technology-enabled financial solutions like Bitcoin, which uses the Blockchain protocol.
Collaborative Fraud Networks
According to a 2023 survey by the World Economic Forum, 91 percent of business owners and cyber experts believe that major cyber attacks will occur in the next two years.
This alarming statistic drives home the importance of collaborative defense strategies, like sharing fraud insights across industries. With the help of pattern detection, repeat attacks on a different platform can be avoided.
This also helps recognize certain repeat offenders and create a blacklist so that any further claims can be automatically rejected.
These tools prevent unnecessary costs and resolve misunderstandings between businesses, retail outlets, and customers.
Building Transparency Through Technology
Transparency helps in customer trust, online or offline. When customers understand how their payments are processed and how disputes are handled, they are more likely to trust the system.
Here are some ways technology enhances transparency:
- Detailed transaction history: Providing customers with easily accessible records of their purchases and payments is an excellent way to increase transparency.
- Authenticating with secure protocols: Two-factor authentications and biometric/OTP verification add extra layers of security, providing a sense of reassurance to customers.
- Simplified communication: Real-time notifications inform customers of potential issues, like duplicate charges.
Steps Businesses Can Take To Build Trust
Creating trust isn’t just about investing in the latest technology. Businesses have to use technology practically and strategically. Ethoca recommends using tools that quickly let a merchant determine if the customer’s dispute is valid or not.
Customer education is another way to minimize chargebacks and first-party fraud. An informed customer will be more confident and is more likely to be transparent about their purchases. It is also beneficial to work with banks and payment providers to share insights and strengthen the security systems.
Trust in the Digital World
Digital transactions are now more complex than ever, and just like in the early days, trust remains at the heart of a successful transaction. Businesses that embrace advanced technologies will have a competitive edge and be able to deliver secure experiences.
They will also be able to protect their bottom line and earn customer loyalty.
In her book, Not the End of the World, Data Scientist Hannah Ritchie lays out some guidelines for a diet that will help limit land use and carbon emissions. The goal for Ritchie is to point people in a general direction that will lead to a more sustainable path for our food.
The interesting part of what Ritchie lays out in her book is that it is also good for the grocery budget.
Eat Less Beef (and less meat in general)
This one comes through overwhelmingly in the figures in Not the End of the World. The land use and greenhouse gas emissions for beef production are vastly higher than that of pork and chicken. For greenhouse gas emissions, beef is connected to 50 kg of emissions per 100 grams of protein. Pork comes in at 8 kg and chicken at 6 kg. Plant based options are all lower still. The delta for land us is even more vast with beef requiring over thirteen times as much land to produce the same amount of protein.
Where this gets interesting is that beef is often the most expensive meat at the store. Steak is more expensive per pound than cuts of chicken or pork. Starting food prep with plant-based options drops the price point further still. It makes sense that this is the case given how much greater the inputs are for beef versus the other less expensive options.
Eat food that was produced efficiently, not necessarily locally
This one makes the head spin a bit because conventional wisdom would say that locally sourced food would have a much lower carbon footprint than vegetables shipped from Mexico. However, Ritchie makes a strong case in her book that the shipping contribution to the emissions is minimal for all food types.
The big thing Ritchie points out is that when food is grown where conditions are optimal, it is the most efficient and therefore the best for the overall sustainability of the system. This can be apples in Washington or avocados in Mexico. In the end, the impact of shipping is minimal compared to the impact of production.
Where this makes the biggest difference in the budget is buying items in season from their various primary production areas. When different areas are at peak production and they are dumping tons of produce on the market, the prices are lower.
Organic farming requires much more land
This is another one that doesn’t land very well with the Whole Foods crowd, but Ritchie makes a compelling point. Her primary incite from the data is that conventional farming methods have produced the high yields that fuel the abundance of the modern world. If the world moved to an organic farming model, then more forests would need to be cleared globally, and we still may not have enough space. The greater need is actually to get the modern farming methods to areas like Africa to enable poor areas to increase yields.
Non-organic food is the best path to a sustainable future for global food and so we shouldn’t feel guilty about not buying organic when its often much more expensive. There are times where organic options are potentially healthier and so this isn’t a push against buying any organic products, but its good to know where it fits in the path to sustainability.
Final Thoughts
None of these items are intended to be attacks on how anyone shops for food. The goal is to give helpful ideas for how to tweak shopping patterns. The data is pointing to some clear ideas for a sustainable future and those happen to also help the average family grocery budget. There are a lot more insights in Ritchie’s book, Not the End of the World and so its highly recommended for anyone looking for a level-headed look at the future of the planet.
By: Chris Bemis
No matter the level of your wealth, you need to diversify your investments to protect your interests, maximize your returns, and build a strong financial foundation. This not only protects you from experiencing huge losses, but also leads to growing your wealth.
At first, it might seem difficult to diversify your investment portfolio. But as you learn about tried-and-tested tips, you can master this task without breaking a sweat. This ensures that you can get the most out of your money at every step.
To guide you on this path to financial freedom, here’s how to diversify your investment portfolio.
Get the Basics in Order
While learning how to turn $1k into $1 million, you may often hear the common advice to diversify your investments between stocks and bonds. While stocks allow you to own a small portion of a company, bonds enable you to loan money to private or government institutions. Stocks are performance-based, while stocks mature over time with interest payments. You can learn more about stocks and bonds to make careful investments.
Diversify Across Assets and Industries
While stocks and bonds are the two basic assets for portfolio diversification, your choices don’t end there. You should also diversify your portfolio by assets and industries. For example, you can invest in a precious metal IRA or apparel and food company stocks to inject some variety into the assets that you hold. This way, you don’t lose all your money when the value of a certain asset class or industry gets affected.
Don’t Ignore Money Market Securities
If you already use a budget planner or read money management articles, you might be aware of money market securities. This includes options like certificate of deposit (CD) and treasury bills (T-bills). When you invest in these securities, you can generate profit over a set time. These investment options are also easy to liquidate, which helps you quickly access your cash in emergencies.
Consider Real Estate Investments
Real estate investments can help you diversify your portfolio while also contributing to passive income through long-term and vacation rentals. If you don’t have the means to pay a mortgage down payment, you can also look into real estate investment trusts (REITs) for investing with minimal amounts. You can explore tips for real estate investments to navigate this process from a place of knowledge.
Invest in Promising Stocks Early On
While many people invest in well-known stocks through options like index funds, you can also turn your attention to promising stocks that have not achieved their full potential yet. This lets you get onto the ground floor of potentially successful investments that give you maximum return for investment (ROI). You can easily look for these stocks through a financial advice app.
Keep a Close Watch on Your Portfolio
There’s no doubt that it’s important to build a diverse portfolio, but it is just as crucial that you continue monitoring your portfolio once you have several types of assets and investments at hand. This ensures that you are not blindsided by sudden market movements, which goes a long way toward mitigating risk and maximizing return. You can use a variety of apps for this purpose.
Move Around Your Investments as Needed
Simply looking at your portfolio every month doesn’t provide you with any benefit if you don’t take necessary actions to protect your money. This includes selling certain assets, investing more in certain options, and putting your money towards new investment opportunities. This allows you to actively manage your investments like a pro and increases your chances for growing your wealth.
Turn to Financial Advisors For Personalized Guidance
Besides using a task reminder app to regularly check your portfolio and a money management solution to move funds around when needed, you may also need to turn to financial advisor services to take the right steps for handling your funds. This can help you get some crucial guidance about your portfolio and allow you to build it right according to your goals.
Through these tips, you can diversify your portfolio without taking on a huge burden over your shoulders. This helps you build a comfortable and rewarding life for yourself as well as your loved ones.
The principles of Personal Finance are relatively simple. The goal is to spend less than you make over time and then ensure that the money saved is invested so that it grows. The end goal is to build wealth.
Winning at Personal Finance is about Maintaining Momentum
The challenge of winning at personal finance is that a great month of saving and investing doesn’t do a whole lot. What is needed is good years and strong decades.
As we try to make solid financial decisions over time, we are confronted with a world that aims with surgical precision to make us feel discontent with our current path so that we click to spend money on some random product.
This gets to the core of why websites like this exist. It is a small refuge where you can always find some inspiration for your personal finance journey.
We need Fresh Ideas to Help Stay Motivated
Our brains crave novelty. New things are always intriguing. This is the part of our nature that all the adds trying to get us to buy random stuff on the internet are attacking.
This is the part of the brain that the Feed on Personal Finance Blogs is working on. Instead of scrolling random Instagram posts or Amazon, you can spend some time scrolling unique perspectives from different blogs across the internet.
The cool thing about running into different blogs is that it causes us to bump into different ideas and values that can help us refresh our thoughts on our financial journey.
The end result is fresh perspective and hopefully a boost for the road ahead.
Human Perspectives are Getting Buried on the Internet
One of the most obvious consequences of the rise of AI is that it is taking a forever increasing role in answering the questions posed on the internet. Companies with refined strategies to sell us products based on our searches and what you have is a situation where unique human perspectives get buried.
This is a massive challenge for anyone trying to put their thoughts out into the world. Some breakthrough, but most get washed away in the deluge. That is why Personal Finance Blogs creates a space where these perspectives are brought together without the wave of random ads.
The goal is that this site provides a space to find refreshing ideas and a boost in momentum for anyone looking to live well and build wealth.
By: Chris Bemis
Nuuly is a high-end clothing rental company that allows women to pick 6 pieces each month for $98 per shipment. The clothes come in a small fabric tote that is delivered directly to your door. This article offers a review of Nuuly and a few recommendations. The first thing you need to know is outfits like the one pictured above get a lot of compliments.
Is Nuuly a Good Deal?
Absolutely! For the items that you can rent from Nuuly for $98 per month, most of the pieces would be over $100 per item. If you love to shop and love these brands then this is an amazing way to keep new styles in the wardrobe without blowing the clothing budget. If you have a budget conscious partner, then Nuuly can be the perfect compromise to keep fresh style in your rotation.
What Brands are available with Nuuly?
Nuuly features clothing from the following high-end fashion brands and more:
It really captures the top brands with current styles from all of these great options. If you need fresh outfits for work or just like to have new options available it really can’t be beat.
How often does Nuuly get new items in?
Nuuly advertises new items each week and brings in clothes to fit the season from each of the brands that they rent for. They have approximately 60 new items each week including dresses, pants, sweaters and layering pieces. Their platform is very user friendly and so it is easy to identify what you want to add into your box for the upcoming order.
Does Nuuly have items for Special Occasions?
Nuuly has items for weddings or concerts. They have a whole section of the website devoted to Weddings, Parties, Work, Concerts or even Game Day. Just check your schedule before you order for a month and make sure that you cover any special event. You can send that fancy, expensive dress right back to Nuuly when the event is over.
Can you rent items again?
Yes, you just need to check the website and make sure that a particular item is available again and then it can be rented in a future month. This can enable a piece to either stay in your wardrobe or make a reappearance down the line.
Mother and Daughter can share a Nuuly Box
It is possible to select different sizes for a Nuuly box and so a Mother and Daughter can each select a few items each month or roommates can even share.
Do I need to wash the clothes before returning with Nuuly?
No need to wash. Nuuly has a laundry and repair operation to keep their clothes in top notch condition for their clients. One cool thing about this is the sustainability piece. Not buying new clothes to refresh your wardrobe is much better for the environment and Nuuly has the incentive to make sure their clothes are well maintained in order to be more profitable.
Can I buy items from Nuuly?
Yes, you can buy items from your box or shop Nuuly’s collection of resale clothing on the site.
Is Nuuly Worth it?
Nuuly is completely worth it if you want to wear all the stylish brands that they carry and don’t want to spend an insane amount of money to keep your wardrobe fresh. Nuuly is also fantastic for getting pieces for special occasions like weddings or work parties. Its just $98 per month and so you can always remind your budget conscious partner that you are keeping them in mind in the process.
By: Traci Bemis