Your weekly money scoop: October 21, 2016

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Your weekly money scoop: October 21, 2016


We're serving you our weekly bite-sized roundup of the stories you need to know. This week, learn just how much the upkeep of Dorothy's ruby shoes costs and why you may have no excuse not to vote on Election Day.

In case you need more incentive to vote... What if you found out you were eligible for paid time off to hit the polls on Election Day? Twenty-one states guarantee registered voters paid time off to cast their vote on November 8th -- is your state one of them? You can find out at, which offers a tool that tells you about your state's time-off regulations for voting. You just need to enter your email address and ZIP code. Better find a shirt to match that "I Voted" sticker...

Guess all that heel tapping takes its toll. Dorothy's infamous ruby slippers from "The Wizard of Oz" movie are in need of a makeover -- a $300,000 makeover. The Smithsonian, where the shoes currently live, is running a Kickstarter fundraising campaign to raise enough money to cover repairs for the shoes -- which have become dull and washed out -- as well as cover conservation efforts and a new display case. Who knew Dorothy was so high maintenance?

Looking for a new credit card? You might be in luck. Several rewards cards are now offering sign-up bonuses worth $1,000 or more, so if you're seeking out a rewards card, it could be a good time to apply for one. According to an industry expert, we're seeing "an arms race in sign-up bonuses" because banks are eager to attract qualified customers. One caveat: You generally need excellent credit to get approved for a rewards card, plus you may have to spend thousands of dollars in order to qualify for the bonus.

Movie ticket prices are headed for a record high. Last year, going to the movies cost more than ever before. This year, it's going up even more: The average ticket price for 2016 so far is $8.60, up from $8.34 at the same time last year. Perhaps a reason to Netflix and... save.

The seasons are changing -- and your benefits might be too. Tempted to ignore your annual benefits enrollment at work? This could cost you. If your employer changes your provider network, for instance, your price of coverage or copays could change, so you should pay close attention. Ignorance isn't always bliss.

And that's the scoop this week -- see you next week for more.

About the Author: Mika Bhatia is a Staff Writer for Credit Karma. She's worked in financial services and tech, and has now found the perfect union of the two at Credit Karma. When she's not busy coming up with credit-related analogies, she's most likely supporting the Warriors, enjoying a fine cup of British tea or doing yoga (goal: completing a headstand without toppling over). Follow her at @MikaBhatia!

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