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How to set boundaries at work

According to the U.S. Department of Labor, about two-thirds (65%) of workers in the U.S. report significant stress caused by work, and over half (54%) report this stress impacts their home life.

Learning how to create a healthy work-life balance is key. Whether you’re in-office, remote or hybrid, setting boundaries at work might be what you’re missing to keep your job in a healthy place.



Why is setting boundaries at work important?

Poor boundaries at work may create unnecessary stress or contribute to developing burnout. Although not an official medical condition, burnout is sometimes caused by work-related stress and can cause exhaustion, alienation from (work-related) activities and reduced performance.

Setting boundaries with your coworkers, manager and others may help mitigate some of these risk factors, avoid burnout and maintain your mental health. Avoid the negative consequences of burnout and use these tips to create healthy work boundaries.

1. Identify your priorities

While earning an income is necessary to provide yourself with basic necessities like food and shelter, it’s not the only priority in life. Consider listing your top priorities apart from work to see how you should allocate your time and energy.

You may prefer to spend time on your hobbies or with your loved ones, so keep these in mind when scheduling your workweek.

This also includes your priorities at work. Whether you’re trying to earn a promotion or just get through your workload by the end of the week, prioritize the tasks that will help you get there and be mindful of overextending yourself.

2. Learn to say no

Once you’ve established your priorities, remember to exercise your ability to say no at work. This might look like …

Saying no can be a powerful skill to help you enforce your boundaries and keep your goals a priority.

3. Take time off

Time off is a way to set boundaries at work that allows you to take a break from your responsibilities. Planning time off, however, may sometimes feel challenging.

Whether it’s hard to find time in your work schedule, remember breaks can be important in avoiding burnout. It may also help if you try planning out a vacation or mental health days well in advance. Once you can finally take a break, you can focus on resting and reenergizing.

4. Look for examples of professional boundaries

If you struggle with setting boundaries at work, reach out to a manager, supervisor, co-worker or mentor you trust and ask them how they maintain their boundaries.

This opens the conversation for you to communicate your boundaries with your colleagues and may even inspire you to create them. Everyone’s boundaries are different, so take inspiration from those whose boundaries align with yours.

5. Communicate clearly

Communication can be key when it comes to setting boundaries at work. Personal boundaries at work vary depending on the person, so it’s important to be upfront about yours if you want people to respect them. Try out these different ways to communicate your boundaries to others.

6. Establish boundaries with coworkers

Even if it’s a well-intentioned question or conversation point from a co-worker, something you may not want to share about your personal life could get brought up at work.

It’s up to you to decide how much personal information you want to share with coworkers. After deciding on your sharing comfort level, don’t be afraid to establish professional boundaries.

Let others know that you prefer to stick to conversations about professional topics, or if you’re open to sharing, be aware that others might not match your communication style.

7. Silence notifications

Another way to set boundaries with work is not to let it interfere with your personal time. This might look like ….

Although they can be helpful during work, sometimes it’s not worth it to have notifications from coworkers pop up on your phone or laptop after hours.

8. Create built-in breaks

Creating a system that helps you stick to them might be useful when establishing work boundaries. Build your lunch break into your digital calendar every day of the week to reserve that time.

Once it’s blocked off, colleagues will be notified that you’re unavailable if they try to set up a meeting. This will also remind you to take your meal break at an appropriate time and not get carried away with work.

9. Organize your tasks

Even if you have a system created to take breaks on busy days, it might not be enough to combat a heavy workload. Learn how to prioritize your work tasks to stick to your schedule and boundaries.

Consider using the Eisenhower Matrix to prioritize tasks based on urgency and importance. Tasks that are urgent and important should be done now, while other tasks that don’t fall in this category can be delegated, saved for later or eliminated.

10. Don’t skip breaks

Breaks give you time to recover from work-related stress, and this recovery process helps boost your performance and energy. If you regularly forget their breaks, set reminders in your digital calendar to notify you when it’s time to put your work down and go for a walk or grab a snack.

Try to avoid surfing the web or scrolling through social media since these tend to be less-effective breaks.

11. Stick to your routine

Routines are important because they automate behavior. If you make it a habit to begin and end work and take your breaks simultaneously every day, you may find your work spilling over after hours less often.

Additionally, try building a transition activity into your routine before and after work. This activity could be a 15-minute journal session before work to wake up your mind and a 30-minute workout after work to relieve stress in your body. Having a transition routine to get you in and out of work mode can help create mental boundaries, even if you don’t have physical ones.

12. Try separating your workspace

While this may not be possible for every remote work setup, try creating some form of separation between your remote workspace and your personal space. If you have the space, put your work setup in a different room and close the door behind you at the end of the day.

For those with less space and a smaller budget, try closing off your space with a curtain or using a movable partition to block it from view.

13. Turn your camera off

Another way to set a remote work boundary is to turn your camera off during virtual calls or meetings. Many people have to work in spaces they sleep and eat in, so if that window into your life is something you’d prefer to keep private, leave your camera off.

Your coworkers aren’t entitled to look into your home and space, so consider opting for a virtual background that isn’t too distracting or keep your camera off altogether.

14. Utilize out-of-office messages

Feel free to utilize out-of-office autoresponder messages, whether you’re stepping away from work for a vacation day or it’s outside of your scheduled working hours.

When setting up the autoresponder, write a short message informing colleagues or clients that you are out of the office, along with your scheduled return date or time. This can provide a subtle yet polite message that you aren’t available and won’t be responding.

15. Delegate tasks when you need to

As much as you may want to be in total control of your workload, it might be better to delegate certain tasks if you don’t have enough time to complete everything yourself.

Ask coworkers who are available if they would be able to help out. Not only does delegating free you up to focus on your priority tasks, but it also fosters a collaborative work environment. 

How to handle overstepped boundaries

Even with all the right tips to help you create and communicate your boundaries, there may be times when someone oversteps them. Below are some potential boundary-breaking scenarios and ways to push back politely and professionally.

When you need to set realistic expectations

When asked to take on extra work

Meeting scheduled during a break


What’s next: Set boundaries in your finances

Burnout at work can negatively affect your physical, mental and financial health. Learning to set boundaries at work may help you preserve a healthy work-life balance and well-being.

Universal healthcare: Pros and cons

Universal healthcare is a system that provides health insurance to all, regardless of their ability to pay. It helps ensure that a country’s residents can access the medical care they need, no matter their financial situation. 

Let’s take a deeper look at universal healthcare. We’ll cover the different types of universal healthcare, its pros and cons, countries that have adopted it and more.



What is universal healthcare?

Universal healthcare seeks to make accessing healthcare a fundamental right for citizens of a country. Under universal healthcare, everyone can expect to receive the healthcare they need without financial difficulty. 

Universal healthcare is said to date back to 19th century Germany, where a system was set up that required industrial employers to provide healthcare to workers. To do so, employees and employers contributed to “sickness funds,” which they used to pay for care. 

Today, universal healthcare systems exist worldwide, including Australia, Canada, Japan and the United Kingdom.  

Pros and cons of universal healthcare

There are pros and cons to each universal healthcare system. Perhaps that’s why we see such varied systems across the dozens of countries that offer universal healthcare today. Let’s review the pros and cons of universal healthcare. 

Pros of universal healthcare

Maybe the greatest benefit of universal healthcare is that it gives each citizen the ability to access healthcare services regardless of their ability to pay. The World Health Organization argues that healthcare is a fundamental right and that providing citizens with access to healthcare is one of the most important roles of a government.

Lower costs for both citizens and healthcare providers — Under a universal healthcare system, there’s no competition among health insurance companies. Instead, a single governing entity regulates healthcare costs. This can drive the cost of healthcare down substantially. Similarly, it reduces administrative costs for doctors and healthcare practitioners. 

A universal healthcare system could save over $450 billion per year, according to a 2022 Yale study. This could help many, since polls have found that nearly 4 out of 10 Americans have delayed or gone without healthcare because of costs.  

Removing barriers for citizens to grow their careers — Some workers in today’s job market may receive an offer for a higher paying job that would advance their career — yet turn it down because the health insurance is not as good. 

Universal healthcare could remove this barrier, allowing citizens to grow their skills unencumbered by worries about their healthcare costs. 

An overall healthier population — A universal healthcare system has more incentive than a privatized system to direct spending toward preventive measures. 

For example, spending on intervention programs in elementary schools for appropriate diet and exercise may effectively reduce heart problems later in life and associated doctor visits. 

Cons of universal healthcare

From an individualistic perspective, the greatest argument against universal healthcare might be that each individual would likely lose a degree of choice. Under privatized care, individuals can choose their health insurance from different plans that fit their needs. In a universal system, some may want additional coverage. 

Possible lower-quality care — If healthcare providers receive inadequate reimbursement for their costs, they may sacrifice the quality of care or narrow their service offerings. 

Longer wait times — In addition to possibly creating longer wait times for healthcare, universal healthcare could restrict access to certain services, like elective procedures. 

A lack of competition can reduce innovation — Where there’s competition, organizations must search for less expensive or better ways to do things to win customers. Without competition, there may be a lack of innovation to provide new services among providers.  

Types of universal healthcare plans

Although some may associate universal healthcare with a single-payer system, universal healthcare can come in several forms. These include the Beveridge, National Health Insurance and Bismarck models.

Let’s review the different ways that governments provide universal healthcare worldwide.

The Beveridge model

The Beveridge model refers to a healthcare system that is entirely funded by the government via income taxes. Under this model, a majority of health staff gets paid and managed by the government. 

Under The Beveridge model, every citizen has a right to healthcare and can receive services with no out-of-pocket costs. 

National Health Insurance model

Under this model, every citizen pays into a publicly run health insurance program, typically through income taxes, and the government uses these funds to pay for healthcare, hence the name “single-payer.” 

Unlike the Beveridge model, a single-payer system uses private-sector healthcare providers. This mix of privatized and socialized healthcare typically keeps healthcare costs low and allows patients to choose their provider. 

The Bismarck model

Under this system, employees and employers pay into an insurance system that behaves as a “sickness fund.” Some countries use a single-payer model with only one insurer, while others have multiple competing insurers. The government then tightly regulates prices so insurers do not make a profit. 

Universal healthcare and the U.S.

Unlike many developed countries, the United States doesn’t offer universal healthcare. Instead, the U.S. offers a combination of private insurance and government-run healthcare. About two-thirds of U.S. citizens use private insurance, while the remaining one-third access government-run healthcare. 

The Affordable Care Act is the United States’ attempt to make affordable care available to more of its citizens. Although it’s not universal healthcare, the Affordable Care Act requires all citizens to have health insurance and offers low-income citizens access to subsidized healthcare through Medicaid, a joint federal and state program.


What’s next: Navigating medical care without universal healthcare

Although the U.S. doesn’t have universal healthcare, there are still ways you can try to reduce your costs, for example …

If you have medical debt, check to see if debt consolidation loans can save you money.

How to calculate gross monthly income for taxes and more

Understanding your income is a vital aspect of financial management, and gross monthly income is a key component to consider. Gross monthly income includes all the money you earn before deductions or taxes are taken out. It encompasses the money you receive from your job (including wages, salaries and bonuses) and any additional sources of income.

Gross monthly income provides a clear picture of your earnings and can help you make informed decisions about budgeting, saving and investing. In this article, you’ll learn how to calculate gross monthly income based on your annual or hourly pay, when you’ll need it and how it applies to your taxes.



What is gross monthly income?

Gross monthly income is the total amount of income you earn in a single month before any taxes or deductions are withheld. This information is usually specified in your job offer letter and itemized on your paycheck.

Regular overtime, bonuses or commissions are considered part of a worker’s gross income. You should know your monthly gross income if you’re applying for a loan, as approval may rely on how much it is. Keep in mind: Gross income includes both earned and unearned income.

What’s the difference between earned and unearned income?

Generally, earned income includes money you make — either as an employee or through working for yourself. In other words, it includes all types of income you actively earned, including passive income.

For example, if you receive a paycheck from an employer, you can typically look on the pay stub for a line item that says something like, “total gross pay.” This number gets calculated before taxes and other withholdings get taken out. If you have multiple employers and receive multiple paychecks, you’ll need to add the income from all of your W-2s to get the total for your tax return.

If you receive tips for your job, don’t forget to include these as well.

On the other hand, unearned income is income that you didn’t work for, including interest from savings, dividends on investments, lottery winnings, life insurance proceeds and more.

What is gross monthly household income?

Your gross monthly household income is the total monthly income of all household members. It can include:

For example, if Sarah makes $3,000 a month at her full-time job and $1,500 a month with her side business while her husband, John, makes $4,200 a month, their gross monthly household income would equal $8,700.

When deciding whether you qualify and how much you can borrow, lenders and credit card companies look at your gross monthly household income vs. expenses on applications. Being aware of this number is helpful if you’re going through these processes.

Mortgage lenders usually require your housing expenses to be less than or equal to 25% to 28% of your monthly gross income, according to the Federal Deposit Insurance Corp.  

gross-monthly-household-incomeImage: gross-monthly-household-income

Gross monthly income formula

With an annual salary, you can easily find your gross monthly income by dividing your yearly earnings (salary) by 12.

For example, if Irene earns $65,000 annually, she would divide her yearly salary by 12, resulting in a gross monthly income of $5,417.

Calculate your annual salary first to determine your gross monthly income if you earn an hourly wage. Multiply the number of hours you work per week by your hourly pay, then multiply that by 52. Lastly, divide that number by 12 for your gross monthly income.

Let’s take Matt, for instance. If Matt’s hourly wage is $24 and he works 40 hours per week, his gross weekly income would be $960. By multiplying his weekly income by 52, his annual gross income totals $49,920. Lastly, by dividing his annual income by 12, Matt’s gross monthly income would be $4,160.

calculate-gross-monthly-incomeImage: calculate-gross-monthly-income

Why is gross income important for federal taxes?

First of all, your gross income is important because it helps determine whether you must file or not.

For tax year 2023, you must file a federal tax return if your gross income is at or above the minimum listed below for your filing status and age at the end of the tax year.

Filing statusUnder 6565 and older
Single$13,850$15,700
Married filing jointly$27,700 (both spouses)$29,200 (one spouse) $30,700 (both spouses)
Married filing separately$5$5
Head of household$20,800$22,650
Qualifying surviving spouse$27,700$29,200

Gross income is also the starting point for figuring out adjusted gross income. Your Adjusted Gross Income (AGI) is the result of subtracting the IRS-approved adjustments from your gross income. Once you determine your AGI, you can calculate your taxable income by subtracting applicable deductions.

When completing IRS Form 1040, you’ll disclose your gross income and then apply adjustments and deductions to calculate your taxable income. This taxable income value will then determine your income tax bracket.

What to exclude from gross income for federal tax purposes

gross-monthly-income-exclusionsImage: gross-monthly-income-exclusions

There’s an important distinction between gross income for tax purposes and gross income as it applies to other financial matters.

For example, a mortgage lender who is considering whether to give you a mortgage likely wants to know about your gross monthly income before taxes.

Comparing your gross income vs. net income (your take-home pay after payroll taxes and other deductions) can help the lender understand your financial picture. For the sake of federal taxes, you can exclude certain types of income from your gross income because the IRS doesn’t consider them taxable.

Here are some examples of income items that get excluded from gross income:

So if you get injured at work and approved for three months of workers’ compensation payments, you likely won’t have to include that money in your gross income. The same is true if you inherit money or real estate from a deceased relative. If you receive life insurance payouts in addition to your inheritance, you likely won’t have to consider this money as part of your gross income either.

Gross income may seem like a pretty straightforward concept — it’s all the income you earn. But when it comes to taxes, not all types of income are treated the same.

Gross income can get you closer to calculating your federal tax obligation. But you may have some types of income that aren’t taxable and don’t need to get included in your gross income.

To learn more about the types of income that are and aren’t taxed, you can check out IRS Publication 525.


What’s next: Taxes and beyond

Knowing your gross income is essential when filing state income taxes, but you’ll also need it when applying for a mortgage or similar loans. When assessing credit applications, lenders consider your credit score, credit report and debt-to-income ratio.

Monitor your credit score and receive personalized recommendations when you download the Credit Karma app.

Sourcing

How much of my paycheck should I save? Guide and considerations

Realistically speaking, saving can be hard once your paycheck hits your bank account. Bills, necessities and extra wants may slowly consume your hard-earned money. If you struggle with putting money into your savings first, you’re not alone.

According to a 2023 study, 60% Americans are living paycheck to paycheck, compared with 64% in January 2022, which suggests that spending cutbacks improved financial situations for some.

If you want to retire early, start your own business or buy a house, your savings account is a key ingredient. Keep reading to find your own answer to “How much of my paycheck should I save?”



How much money should you save each month?

Based on the 50/30/20 rule, 20% of your income should go to savings and retirement. The remainder of your paycheck is then divided between necessities and wants, with 50% going toward necessities, like rent and groceries, and 30% toward your wants.

A graphic illustrating the 50/30/20 budget rule. There are three rectangular sections stacked vertically. The top section lists necessities and accounts for 50% of the budget. Necessities include groceries, housing, transportation, health and car insurance, and minimum debt payments. 

The second section lists wants and accounts for 30% of the budget. Wants include takeout, hobbies, wi-fi, travel, clothing and accessories, memberships and subscriptions and extra debt payments. 

The third section lists expenses that fall under savings and accounts for 20% of the budget. Savings includes retirement, investments, savings plans and an emergency fund.
The 50/30/20 rule budget is a simple way to budget that doesn’t involve detailed budgeting categories. Instead, you spend 50% of your after-tax pay on needs, 30% on wants, and 20% on savings.

Want to get a better idea of where your money is going? Use one of our financial calculators to get an idea of how to better distribute your funds.

How to save for each goal

After putting 20% of your income toward savings each month, you may increase your allocations to reach bigger financial goals. For instance, if you want to buy a house in the next year, you may want to reduce how much you’re dedicating toward your wants to save extra to meet that goal.

Read more to find out what you should consider putting toward different types of savings goals:

1. Emergency fund

emergency-fundImage: emergency-fund

Sometimes an unexpected event comes up and you need a little extra financial padding to help you get back on your feet. Generally speaking, you should try to have at least three to six times your living expenses stored in your emergency fund. If that seems like a lot, set a smaller goal of $400 to $1,000 to get you started. Remember that this can fluctuate depending on your lifestyle and goals. 

2. Retirement fund

Years down the line, you’ll be grateful for your retirement savings. How much you should save for retirement largely depends on your personal circumstances and goals.

As a general rule, you should save around 10% to 15% of your income into retirement accounts like a 401(k), a Roth IRA or an employer investment match account. Set up automatic payments each paycheck to ensure you’re setting your future up for success.

3. Investment fund

If you have extra financial flexibility, consider upping your investments a bit if you can afford it. Low-risk investments, index funds and bonds are a few options. Before making an investment, evaluate which options could benefit you and your bank account most in the long run. Keep your investment time horizon and risk tolerance in mind too.

4. Big purchase fund

When you’re saving for major purchases, start by breaking down your savings goals. Sit down and write out your top savings goals and what steps you need to take to reach them. Working toward major goals like a car or college tuition by creating  a specific, measurable, attainable, realistic and time-sensitive (SMART) action plan to get you there.

Where to put money for savings

Different savings goals may be best suited in different savings accounts. Investment savings are generally recommended for long-term goals (five years to 10+ years). You might consider putting short-term savings (anything up to five years) in general and high-yield savings accounts. These can include CDs, government bonds and money market accounts.

Strategically planning out your savings goals can help you maximize your investments and avoid penalties. Explore the different options for putting your savings away below:

General savings account

A general savings account is normally used for emergency funds and short-term savings goals. These accounts are easily accessible in an emergency and can help grow money you’re not using.

High-yield savings account

High-yield savings accounts offer a higher interest rate than general savings accounts. These are best for short-term savings since they typically have low or no minimum deposit requirements.

401(k) or investments

Investing in your 401(k) can help set you up for retirement. 401(k) contributions can potentially grow your investments and lower your monthly taxable income. If your employer offers a 401(k) plan, it’s generally a good idea to contribute to it, especially if they provide a matching contribution.

Other investments that you can consider include stocks, bonds and individual retirement accounts (IRAs).

How to save more money: 5 tips

A graphic listing simple ways to save money. There are five tips and each is paired with an illustration. 

Budget for your lifestyle is paired with a line drawing of a document labeled with a percentage symbol. 

Pay savings, then yourself is paired with a simple illustration of a safe with a dial. 

Practice a frugal mindset is paired with an illustration of a price tag with a dollar sign on it. 

Make a change jar is paired with an illustration of a lidded jar with a dollar sign on it. 

Diversify your income is paired with an illustration of a dollar sign with arrows pointing out from it in different directions.

You may wish to save your whole paycheck, but everyday living expenses like rent and groceries are common necessities. Whether you’re saving for a house or your emergency fund, save what you’re able to. Below are a few tips on how to save money to make room for your savings goals:

1. Budget for your lifestyle

Learning to budget can be a useful skill and can help you determine your cost of living. Take the time to sit down and see where your money’s going. Highlight unnecessary expenses that you could cut out of your budget.

You can use a simple budget calculator to identify where you’re overspending.

2. Make a change jar

Dig for a jar or old cup in your kitchen. Set it on your counter and tape a paper “Savings” label to the front of it. Every time you have spare change or a $5 bill, add it to the jar. Take your jar to the bank each month to see what extra savings you rounded up.

3. Practice a frugal mindset

Evaluate your life to see what you could do away with. Post old items and furniture online to see how much extra money you could earn. Also, consider using less energy to help reduce your electricity bill. You may find that you can easily adjust to a more minimalist lifestyle.

4. Pay savings, then yourself

Once you’ve determined how much of your paycheck to set aside based on your lifestyle, set up automatic payments to your savings on payday. This can help ensure you’re setting aside money for savings with some left over to spend how you wish.

5. Diversify your income

Creating different revenue streams provides a safety net in case you lose your main source of income. If you have extra time to spare each month, consider starting a passive income project. Creating a YouTube channel or writing a blog are a few ways to invest time into your passion and diversify your income.

With these tips in mind, regularly review your savings goals and track your progress. Consider celebrating milestones along the way to remain motivated during your money-saving journey. Seeing your savings grow can reinforce positive financial habits.


What’s next: Start saving today

When determining how much of your paycheck to save, there is no one-size-fits-all answer. The ideal savings rate can vary depending on your financial goals, income level and current expenses. Even though saving can sometimes be hard to start, it’s a key factor in living a lifestyle with a solid financial foundation.

By consistently setting aside a portion of your earnings, you’ll be on the path to building a healthy financial future and achieving your goals.

Sourcing

The 17 most fulfilling jobs

There can be much to consider when facing dozens of potential career opportunities. Understanding what makes a job fulfilling in the first place might help you choose a fulfilling career. Several things might factor into creating a fulfilling job, from a good salary to your personal interests.



What makes up a fulfilling career?

With the average person working around 260 days per year, it’s understandable that workers want to enjoy their professions. The following aspects of your job might provide greater satisfaction and fulfillment in your career:

Sense of purpose

Having a sense of purpose is one element that might help you feel excited to go to work every day. What feels worthwhile can differ from person to person. Someone may feel purposeful while teaching small children to read, while another may feel truly satisfied working for a nonprofit that aids others.

Knowing what you do makes a significant difference might provide a sense of purpose and motivation that makes your job feel fulfilling.

Upsides outweigh the downsides

You may not enjoy every aspect of a job. Some parts may be frustrating — like longer commutes and limited parking spaces — but you might feel satisfied if the good aspects outweigh the bad.

If the job comes with unavoidable stressors, you may want to find out how management supports the team.

A 2023 survey by the American Psychological Association found that four out of 10  (42%) of employees feel micromanaged by their superiors. Suggesting a correlation between micromanagement and stress, the survey said 64% of micromanaged workers reported feeling tense or stressed during their workday, compared to only 36% of employees who don’t feel micromanaged.

The same study also found that 77% of workers are satisfied with the support for mental health and well-being offered by their employers.

Intellectual challenges

A job that challenges you intellectually can have psychological benefits like increasing your competency — if the challenges are within your ability to execute successfully.  

Healthy work-life balance

According to a 2021 survey by Limeade, 40% of employees left their previous jobs due to burnout — and 28% did so without first securing another position. A job that provides a healthy work-life balance seems to be a priority among today’s job seekers. 

Structured career growth

A 2022 study by the Pew Research Center found that not having opportunities to advance in their careers was the number one reason employees left their jobs — tied with low pay.

The 17 most fulfilling jobs

In no particular order, here are 17 of the most fulfilling jobs you may find rewarding, with 2022 median salary information from the U.S. Bureau of Labor Statistics:  

1. Firefighter

Firefighters provide a necessary service to the public by responding to fires and other emergencies to help citizens. This profession, though dangerous, can be rewarding because of the sense of purpose one may feel after working with their crew to stop a potentially harmful situation.

The positive relationships you can form with your crew members might also make this job rewarding. Knowing you’re working with a team that has your back might make the difference in risky situations.

2. Dentist

Finding a job in dentistry could be the rewarding career you’re looking for. With the ability to diagnose and remedy problems related to the teeth and gums, you might find a sense of fulfillment while forming long-lasting relationships with your clientele.

You could start by becoming a dental hygienist to see if you enjoy the industry. As a bonus, it’s one of the highest-paying trade jobs

3. Physician

With the ability to accompany people through some of the best and worst times in their lives, becoming a physician could be incredibly satisfying for those interested in the medical field.

From assisting sick loved ones to helping prepare younger couples for the birth of a newborn, physicians act as a valuable resource for those seeking medical assistance and advice.

4. Surgeon

Having the task of saving and transforming lives on a near-daily basis, surgeons might feel gratified knowing the work they do makes a difference to those in need.  For some, the bonds formed with patients who hand over their trust could be the thing that makes all the years of hard work and dedication pay off.

5. Physical therapist

Professionals may view physical therapy as rewarding if patients make significant progress in improving their mobility. After forming meaningful relationships with clients, physical therapists have the pleasure and responsibility to help those injured reach the recovery goals they set for themselves. 

6. Teacher

In addition to helping students receive a well-rounded education, teachers can sometimes become mentors — someone students may feel comfortable turning to for help in everyday situations.

Some may also find a love for the work-life balance that may come with the role, as some might get the option of taking summers off to rejuvenate their mind for the next school year.

7. Mechanical engineer

Mechanical engineers might find their jobs satisfying because of the near-daily intellectual stimulation. They analyze and solve problems by building machines or other devices. This may require them to expand their skills and acquire new knowledge.

8. Veterinarian

Those with a passion for animals may find becoming a veterinarian rewarding because of their consistent work with furry friends. Not only do you get to be there in case of an emergency, but you may also get to treat them for the span of their lives. Some pet owners may stick with vets they know and trust for years.

9. Paramedic

Paramedics might find value in their careers after discovering their genuine passion for medical care. As first responders in an emergency, paramedics work tirelessly to get those injured to hospitals that can provide the treatment they need.

10. Pilot

Those with a knack for adventure who love seeing new places might consider becoming a pilot a fulfilling career choice. Often paired with excellent upsides like free standby flights and six-figure pay, this job hits several elements of satisfying work. It’s even one of the highest-paying jobs without a degree

11. Top executive

Becoming a chief executive might be incredibly rewarding if you love business, excel at handling responsibilities and crave intellectual challenges.

With the task of coordinating and directing company operations, you’ll be responsible for keeping projects and other initiatives running smoothly and reaching the goals created for the coming quarters.

12. Psychiatrist

Psychiatrists do meaningful work by helping people with their mental health. This career comes with important responsibilities, as clients come looking for help to cope with personal and sensitive situations taking place in their lives.

Psychiatrists might get a picture of their true purpose once patients notice major strides in their progress.

13. Nurse practitioner

Requiring fewer educational requirements than physicians, becoming a nurse practitioner could be a fulfilling career for those with a passion for medicine and caring for others.

They provide direct care to patients trying to remain physically and mentally healthy.  It’s also one of the fastest-growing jobs.

14. Software developer

Software developer positions might be fulfilling for those with a passion for problem-solving, overcoming challenges and a love of independent work. Software development can also be one of the most flexible jobs.

15. Marketing manager

If you’re a creative individual who loves communicating with others and taking on complex projects, becoming a marketing manager may be the fulfilling career you’re looking for. It may also be one of the best jobs for introverts. As a marketing manager, you could analyze market trends, work on content development and help keep customers satisfied.

16. Chef

If you’re interested in the culinary arts, pursuing a career as a chef might be one of the most fulfilling jobs for you. As a chef, you can prepare and serve food in restaurants or other establishments. You may realize that being able to bring people together over a shared meal brings you a worthwhile sense of purpose.

17. Information technology manager

Many companies depend on information systems to keep their daily business operations running smoothly, and IT managers support that specific effort. They are responsible for troubleshooting systems and ensuring security is up to par. These professionals may get satisfaction from knowing their work is essential to their company’s success.

Additional fulfilling jobs

If you’d like more ideas than the 17 listed above, check out these potentially fulfilling jobs:


What’s next: Save for your future career

Whether you need to save up money for a bachelor’s degree, certification program or something else, it’s a good idea to start saving for your educational goals if you haven’t done so already. 

21 common monthly expenses to include in your budget

Budgeting can be a great tool to work toward more financial freedom in the future, as well as to improve your financial situation in the present.

If you’ve budgeted before, you might already know to budget for monthly expenses like groceries, rent and other housing costs. Perhaps you’ve even used budgeting formulas, such as the 50/20/30 budgeting rule, which splits your finances into three main categories.

However, if you’re using a more nuanced formula, as you might with this online budget calculator, there are plenty of other small monthly expenses that might be all too easy to forget about.

That’s why we’ve compiled this list of monthly expenses to help you remember what to include in your budget.


  1. Rent
  2. Groceries
  3. Daily incidentals
  4. Irregular expenses and emergency fund
  5. Household maintenance
  6. Work wardrobe and upkeep
  7. Subscriptions
  8. Guests
  9. Travel expenses
  10. Memberships
  11. Prescriptions
  12. Pet care
  13. Bank account fees
  14. Parking
  15. Car registration
  16. Entertainment
  17. Birthdays
  18. Holiday gifts
  19. Charitable contributions
  20. Labor union dues 
  21. Child care

1. Rent

The first and possibly biggest monthly expense to consider is your rent or mortgage payment. Be sure to allocate a portion of your monthly income not only toward paying your rent or mortgage but also toward associated housing expenses like:

housing-expenses-to-budget-forImage: housing-expenses-to-budget-for

2. Groceries

According to the U.S. Department of Agriculture, Americans spent between $424 and $1,309 on food each month in 2022. Depending on your income, this can represent a significant monthly expense. 

To help keep food costs in a reasonable place, be sure to include this monthly expense in your budget.

If you struggle to afford food each month, you can also check local food banks and charities or see if you may qualify for food stamps through the Supplemental Assistance Nutrition Program (SNAP)

3. Daily incidentals

It might not seem as if you’re spending much money on small expenses like the occasional coffee or drink with friends. However, it’s still wise to include these costs in your budget. You can start by tracking your daily incidental spending for a few months. Then total your costs — and include an average spending amount in your monthly budget. 

4. Irregular expenses and emergency fund

It might feel difficult to budget for one-off expenses that you don’t know about in advance, but it’s still a good idea to have some money set aside for them in a savings or emergency fund. Emergencies happen, and having money budgeted for them can help alleviate some of the stress when the unexpected occurs.

Don’t forget to budget for irregular expenses you know about in advance — like a wedding or college fund. Even if you can only occasionally set aside money, you may be grateful for it in the future.

5. Household maintenance

Household maintenance is another living expense to consider. Consider possible expenses, like …

6. Work wardrobe and upkeep

If your workplace requires a certain wardrobe — like a suit or non-slip shoes — then budget for purchasing and maintaining these items. This can include budgeting for dry cleaning or shoe repair services.

7. Subscriptions

It’s possible to overlook subscriptions to music services, streaming services and online publications, so be sure to include them. Remember that you should also budget your phone and data usage to make sure your plan isn’t too costly for your needs.

8. Guests

If you have family or friends visiting you each summer or for the holidays, you may spend extra money at those times. This can include extra spending on groceries, laundry, transportation or entertainment when showing them around town.

You may want to account for this extra spending in your budget by putting a small amount of money away each month, even during the months you’re not going to have any visitors.

9. Travel expenses

You’ll want to budget for trips you take to visit family and friends. How much you budget depends on how you’ll be traveling, where and for how long. Figure out where you’ll be traveling and determine what the gasoline/train/flight costs will be. Also, be sure to budget for lodging and food.

Regarding vacations, you may find it easier to create a separate budget entirely because there are many more costs associated with longer trips.

10. Memberships

You might have to pay monthly fees if you’re a member of a gym or yoga studio. Remember to include these expenses in your budget. If you’re a gym member, you may also want to track how often you go. This can help you determine if your membership is worth the cost.

11. Prescriptions

If you have regular prescriptions, you may want to include these in your monthly budget. You may also want to budget for the costs of common medications like Tylenol, Advil and Claritin.

12. Pet care

Pets can be an important part of our lives, so be sure to budget for them. This can include planning for veterinary costs like vaccinations and checkups, as well as monthly costs like grooming and pet food. You can also budget for toys, waste bags, bedding, collars and leashes.

13. Bank account fees

Your bank may charge fees for low balances, ATM withdrawals, account maintenance and overdrafts. Include these costs in your budget. Tracking these fees can help you see where you can save money each month. You may even find that switching to a different bank will result in fewer fees.

14. Parking

Parking is another monthly expense that might be easy to forget about. If you’re commuting to work, you might have to pay for parking now and then, or perhaps you’ve signed up for a monthly parking plan at your job or at a parking structure. Include these expenses in your budget.

15. Car registration

Some people might budget for gasoline costs but forget to budget for car registration. In some states, car registration can be hundreds of dollars, so you’ll want to account for it in your budget.

16. Entertainment

It may feel difficult to budget for entertainment because these expenses might be irregular or spontaneous. One method is to itemize all your living expenses, determine how much money you have left over, and set aside a portion for entertainment. If you don’t use your entire entertainment budget each month, you can save the extra money or roll it over to the next month.

However, don’t feel as if you can’t give yourself a healthy budget for entertainment. Saving money might feel too restrictive if you don’t allow yourself to spend on fun items as well.

17. Birthdays

Even if you prefer your birthday celebration to be more modest, you might want to spend some money on a cake or a nice bottle of wine. You can also keep some money in the budget for friends’ birthdays — whether for buying gifts or spending a fun night out together. 

18. Holiday gifts

Holidays may sometimes feel taxing because of the financial strain from gift-giving. If this resonates with you, you may be able to make holidays less stressful by budgeting for gifts in advance. Estimate how much you typically spend on gifts around the holidays, and then divide by 12: that’s how much money you’ll want to put away each month.

You can also choose to spend your holiday gift budget on experiences instead — like taking your family on a vacation to make memories together.

holiday-giftsImage: holiday-gifts

19. Charitable contributions

If you’re altruistically inclined, feel free to make room in your monthly budget for a charitable donation. Make a list of your favorite charitable or religious organizations you may want to donate to monthly or annually.

20. Labor union dues

You might not pay much attention to this budget item if your dues come out of your wages, but if they don’t, you might want to include them in your budget. You can include them as an additional expense or subtract them from your income.

21. Childcare

If you work full-time, you might need to pay for day care, a babysitter or some other form of childcare. Remember to budget for any fixed monthly expenses as well as possible variable expenses. For example, some day care facilities might require you to reapply to enroll each year, and applications may come with a fee. If you pay child support or alimony, you can also budget for it within this category.


What’s next: Review your budget monthly

Once you make a budget of all your monthly expenses, review it from month to month. You may find that your expenses change or that you find new ways to cut back and save additional money.

Paying your bills on time can also help you build your credit in some cases. A good credit score can help you in the future. 

Sourcing

How much does long-term care insurance cost in 2023?

Long-term care insurance can be expensive, and nearly 70% of people over 65 need this type of aid. Long-term care insurance can provide coverage for in-home care, community-type care and care in various facilities should you need assistance in everyday life.

The average annual cost of long-term care insurance when purchasing $165,000 of immediate benefits for a 55-year-old man is $900. For a 55-year-old woman, the cost is $1,500. But what does this type of health insurance cover?



What is long-term care insurance?

Long-term care insurance provides financial assistance to those who require long-term services and support. LTSS includes care of people that need support because of physical, cognitive, developmental or chronic health conditions.

LTSS can include care provided in the home, a community-based setting or various facilities and can include help with eating, grooming, walking, cooking, bathing and more.

Qualified individuals can use long-term care insurance to pay for assistance to maintain their well-being. They can enable those in need to afford the care that would likely be unaffordable if they were forced to pay out of pocket.

Average cost of long-term care insurance

factors-impacting-long-term-care-insurance-costsImage: factors-impacting-long-term-care-insurance-costs

Knowing what you’ll have to pay to receive the care you need is a good idea for financial health and wellness. The following are annual estimates of long-term care insurance premiums in 2023, according to the American Association for Long-Term Care Insurance.

StatusAgeAnnual premium
Single male55$900
Single female55$1,500
Couple55$2.080
Single male65$1,700
Single female65$2,700

When underwriting insurance policies, providers may consider the following:

Long-term care costs without insurance

pros-and-cons-of-long-term-care-insuranceImage: pros-and-cons-of-long-term-care-insurance

The monthly cost of long-term care insurance can take away from retirement savings. For example, the median yearly cost of living in a nursing home reached over $100,000 in 2021. To get more insight into what paying these bills could look like, here are typical monthly costs of long-term care services in 2021:

Long-term care serviceMonthly cost
Homemaker services$4,957
Home health aide$5,148
Assisted living facility$4,500
Adult day health care$1,690
Nursing home care$9,034

How to buy long-term care insurance

Each state regulates which companies can sell long-term insurance policies, and finding the right amount of coverage for your situation may be complicated. Many people buy long-term insurance from an insurance agent, broker or financial planner.

Additionally, state partnership programs can link some private insurance providers with Medicaid — which can help people purchase shorter-term insurance and may include inflation protection. Some employers may even offer group long-term care programs as a voluntary benefit.

Most long-term care policies have an “elimination period,” requiring you to pay out of pocket for 30, 60 or 90 days before the insurer begins reimbursing funds.

Tax benefits of long-term care insurance

Depending on your provider, you may be eligible for tax-deductible premiums when investing in long-term care. Remember that there are often requirements to meet, like choosing a tax-qualified insurance plan and/or spending a certain percentage of your adjusted gross income (or AGI) on annual medical expenses.

If you qualify, here’s an idea of the maximum yearly deductible amount by age.

AgeMaximum deductions
40 and under$480
41–50$890
51–60$1,790
61–70$4.770
71 and above$5,960

FAQs about long-term health insurance costs

What is the best age to purchase long-term care insurance?

According to the AALTCI, the best time to purchase long-term health insurance is in your mid-50s. This time frame helps make your policy more cost effective and increases approval odds.

What are the pros and cons of long-term care insurance?

Here are common benefits and drawbacks of long-term care insurance:
 
Pros of long-term care insurance include …
 
●      Flexible benefits
●      Reduced out-of-pocket costs
●      Savings/asset protection
 
Cons of long-term care insurance include …
 
●      High monthly payments
●      Delayed reimbursements
●      Approval requirements
●      Potentially unused services

Is long-term care insurance the same as life insurance?

No. Life insurance policies provide a financial payout to your beneficiaries after your death. Long-term health insurance policies provide financial assistance to those who need help with everyday activities.

How to work night shift and stay healthy: 19 tips for success

Many employees may find night shifts difficult to work because of the health impacts from working odd hours. However, following a few mindful practices might make working the night shift a little easier on your health.

Continue reading to learn about the risks associated with working night shifts and tips for prioritizing your mental and physical well-being if you’re working nontraditional hours.



Risks of working the night shift

Our bodies have a circadian rhythm that signals us when to be active and when to be restful throughout the day. Think of this as our natural alarm clock — it dictates to our brains the approximate time to get up for the day and lie down for a good night’s rest. This schedule also helps regulate our digestive system, body temperature and more.

Night shifts can pose health risks by disrupting the body’s circadian system and thwarting its natural sleep patterns. Without proper self-care, there’s the potential to develop health issues such as diabetes and mood disorders. That’s why if you work night shifts, it can be important to take the time to prioritize your mental and physical health.

How to work the night shift: Tips for staying healthy and productive

Though night shifts may provide a good salary, remember that nothing is more valuable than your mental and physical health. With these tips and tricks, you can take on your night shifts knowing you’re doing everything you can to set yourself up for success throughout the night.

1. Set a sleep schedule

Developing a consistent sleep routine is crucial to your body’s ability to recover, regulate emotions and make wise decisions. If you don’t mind a schedule that involves napping, you could try resting from 6 a.m. to 10 a.m. and napping from 2 p.m. to 4 p.m. to prepare for your shift. If naps aren’t for you, consider sleeping from 6 a.m. to noon before going to work.

2. Consume caffeine in moderation

Caffeinated drinks like coffee and tea can be helpful for those trying to maintain the energy levels needed to carry out their responsibilities throughout the night. However, caffeine can also interfere with your ability to sleep, so remember to stop drinking it about eight hours before you plan to go to sleep.

3. Eat healthy foods

Eating foods high in sugar can make the night shift more difficult by causing irritability and stomach discomfort. Pack nutritious snacks and meals like salads, fruits, veggies and trail mix.

You may find it easiest to prepare your meals at the start of the week. This can help reduce the time you spend getting ready for your shift the day of. Cooking at home can also be more affordable since it can help you avoid eating out.

4. Stay hydrated

Stay awake and energized by drinking enough fluids during your shift. This also helps to ensure your bodily functions are working properly since we rely heavily on water to keep our systems running.

5. Exercise regularly

Incorporating an exercise routine into your workweek is one way to invest in yourself, and it may help you feel more energized when taking on night shifts. If exercise feels overwhelming, it’s OK to start small. Find simple activities you enjoy, like biking or hiking, that will allow you to get some fresh air and work in some cardio.

6. Schedule night shifts close together

If you’re having trouble getting used to the odd hours, try scheduling night shifts consecutively. This might help you create a routine and allow you to take advantage of the daytime.

7. Avoid alcohol

Using alcohol to fall asleep faster can disrupt the amount of quality sleep you get after your shift. Though it can induce sleep, alcohol can also disturb sleep, which influences your creative problem-solving and critical-thinking skills.

8. Use free time wisely

It’s natural to want to use your off days to do something fun and exciting. Keep in mind, though, that it may be helpful to keep a relatively consistent schedule — even on your days off. Irregular sleep routines can make it harder to fall and stay asleep, so use your free time wisely.   

9. Keep your household in the loop

If you live with other people, keeping them updated on your work schedule might help them create a space that accommodates your sleep requirements. You can also plan the meals you’ll be able to eat together to continue making time for each other.

10. Take nap breaks

Take advantage of your break times by fitting in one or two strategically timed naps. Both long naps and short naps may improve your workplace performance. If possible, find a dark, quiet space to rest without interruption.  

11. Prioritize self-care

Working night shifts may negatively impact your mental health if it disrupts your sleep. Prioritizing self-care practices like meditation, yoga and other forms of therapy might help you stay connected to yourself and how you’re feeling. When compared to those not familiar with yoga, a group of experienced yoga practitioners experienced significantly better mental well-being, according to a 2019 study.

12. Design a sleep-friendly bedroom

Once you’re finally able to go to sleep, it may help to have an environment that allows you to fall asleep as quickly as possible. Try closing your blinds or getting blackout curtains to block out any unwanted light exposure. You may also want to purchase a white-noise machine.

13. Limit blue light

Blue light emitted from tech devices depletes your melatonin levels, which is a hormone that helps you sleep. Avoid using your phone or staring at the television before going to bed to try and maximize the amount of restful sleep you get. You can also invest in a pair of glasses that block blue light in the hours before heading to bed.

14. Keep warm

With your built-in thermostat, your body naturally raises your temperature during the day and reduces it at night. Try to remain comfortably asleep by wrapping up in a blanket when it’s cold and using a fan when it’s hot to keep your body temperature in your personal sweet spot.

15. Move around

Making time to take short walks throughout your shift may prevent you from falling asleep and keep your blood flowing properly throughout your body. Go on a walk every hour or so to stretch your legs and rejuvenate yourself.

symptoms-of-shift-work-sleep-disorderImage: symptoms-of-shift-work-sleep-disorder

16. Foster a community

Seek out fellow professionals or online forums where people can share their experiences and advice regarding taking on night shift hours. You could discuss healthy habits and routines that have helped you adjust to the job and maybe pick up some tips from others, too.

17. Try to get some sun

Those working night shifts may be more susceptible to vitamin D deficiencies known to affect bone health and calcium levels. After you get some sleep, try opening your curtains or going for a walk around the neighborhood to get some sunlight.

18. Find a class

If you’re a medical professional, the CDC offers resources on how to cope with night shift hours and adjust your schedule to support a healthy lifestyle. You may enjoy taking a look at it, even if you’re not a medical professional, for useful tips.

19. Talk to a doctor

Insomnia, depression and anxiety are symptoms someone might experience when taking on night shifts. Give yourself a month or so to try and adjust to your new schedule, and if these symptoms persist or worsen, seek out a doctor for advice. They may be able to advise you on how to better manage your symptoms.


What’s next: Find debt relief

While some may choose night shift work because of its unique benefits, others may choose these nontraditional hours in response to financial need.

If you have debt you took out as part of your career journey, you may have relief options available to you. Credit Karma’s relief road map helps connect you to government support and personalized debt relief options that may help relieve some financial burdens.

An infographic titled "How working the night shift impacts your health and productivity" featuring four sections containing information on how to prioritize your health along with common professions working graveyard hours. 

The first section features three illustrations side by side each with a statistic underneath. First is an illustration of a collar and tie, then a siren and last, a human head in profile with an image of dial where the brain would be. The statistics are: 15-20% of Americans work night shifts, shift work sleep disorder makes workers almost 2x more likely to report work errors and about 32% of night shift workers suffer from shift work disorder. 

The section beneath the statistics includes the same graphic of a human head with a dial, next to a list of symptoms of shift work sleep disorder which are irritability, fatigue, poor sleep quality, depression, anxiety, insomnia and lack of concentration. 

Beneath the list of symptoms are ten tips for staying healthy while working night shifts: Stay hydrated, eat healthy, exercise regularly, set a sleep schedule, prioritize self-care, take nap breaks, limit blue light, talk to a doctor, request consecutive shifts and drink caffeine in moderation. 

The last section highlights professionals who may work the night shift and their salaries. Each profession is listed within a white tile that features a small illustration representing the profession. An illustration of a cupcake for bakers with a salary of $29,750. An illustration of a lightning bolt for electricians with a salary of $60,040. An illustration of a flame for firefighters with a salary of $50,700. An illustration of a plane for flight attendants with a salary of $61,640. An image of a badge for police officers with a salary of $66,020. An illustration of a nurse's hat for registered nurses with a salary of $77,600. An illustration of a shield fo security guards with a salary of $31,470 and an illustration of a truck for truck drivers with a salary of $48,310.

10 cheap clothes apps for budget shopping

Online shopping has become a popular way for consumers to find and purchase whatever they want. In fact, about 96% of Americans have purchased something online in their lives.

Shopping from your laptop isn’t the only way to buy online. Plenty of cheap clothes apps and online coupon extensions help you find good prices on stylish clothing.

Here are 10 cheap clothes apps to help you express yourself through fashion without compromising your monthly budget.


  1. Zulily
  2. thredUP
  3. Rent the Runway
  4. Rue La La
  5. Gilt
  6. Poshmark
  7. Depop
  8. OfferUp
  9. Amazon
  10. Honey

1. Zulily

If you love finding deals at discount retailers but don’t like searching through all the racks, you may enjoy Zulily.      

Zulily doesn’t maintain a large inventory on-site. Instead, they order items after you order and pass those savings on to you — up to 65% off top brands.

2. thredUP

thredUP may be another great clothes-shopping app for those on a budget. thredUp specializes in secondhand clothing, so you can shop while supporting more sustainable fashion.      

You can filter results by price, size and brand, which may eliminate the stress of thrift store shopping while helping you find exciting deals.

3. Rent the Runway

If you need unique outfits for special occasions like weddings or ski trips that you only plan to wear a few times, you may be able to save money by using Rent the Runway.      

This online clothing app allows subscribers to rent both formal and casual clothes. You can either pay a one-time rental fee per item or sign up for a membership to rent a set number of clothes per month. 

4. Rue La La

Rue La La is a clothing app for style-conscious people shopping on a budget. You need to be a member to take advantage of deals on the site — up to 70% off retail prices. 

The Rue La La app is available for both Android and iPhone. While you can shop Rue La La online, the app lets you set reminders for upcoming Boutique openings so you don’t miss out on any desirable deals.

5. Gilt

Gilt is another member-based clothing app that Rue La La acquired in 2018. Like Rue La La, Gilt features sales on designer clothing and home goods.      

The site was originally by invitation only but has since opened to the public. You have to be a member to shop through Gilt, but you no longer need an invite.

6. Poshmark

You may save money on clothes by buying fashionable but gently used garments. Poshmark lets you do just that. The app helps people buy and sell stylish clothing that they no longer wear.

Another perk to Poshmark is that you can use it to invest in yourself by selling your clothes through the app. Simply take pictures of your clothing, describe the items and price them accordingly. If someone buys your clothing, the app helps you take care of shipping and sending it to them.

7. Depop

If you’re looking for unique vintage and creative clothing, Depop may be an intriguing option. With over 30 million collectors, vintage sellers and stylists on the app, there are plenty of places to find inspiration and great deals.

By following different sellers and “liking” items on the platform, Depop helps you create a vision board that it curates according to your style preferences. You’ll need to create a free account to buy and sell on the Depop store.

8. OfferUp

You can think of OfferUp like Craigslist, but perhaps with a more user-friendly experience. Since it’s a local marketplace, OfferUp isn’t focused solely on clothes, but it may be worth looking to see if you can find deals on fashionable items you love.

9. Amazon

If you’ve done online shopping, you’re probably familiar with the Amazon interface. The company is currently the fifth largest company in the world in terms of market cap — worth around $1.045 trillion.

Whether you’re shopping for clothing, accessories or even groceries, you may be able to find it on Amazon — plus, it’s delivered straight to your door.

As for deals, Amazon highlights “Today’s Deals” in their navigation menu. If you regularly shop online, you might benefit from signing up for a Prime membership, which entitles you to free shipping and exclusive deals.

10. Honey

Honey is primarily a browser extension that automatically applies coupon codes to your purchase at checkout.      

It also has a price tracking feature that allows you to watch items over time to try and get the best price. Honey isn’t limited to clothing apps and websites; you can find deals on items from over 30,000 stores.


What’s next: Create a budget

Now that you know some cheap clothes apps you can use to help extend your money, it’s time to create a budget. It may be easy to overspend without a budget, even if you shop at affordable places.

Consider exploring the 50/30/20 budgeting method. With this technique, you spend 50% of your after-tax pay on needs, 30% on wants and 20% on paying down debts or building savings.

Moving without a job? 11 tips to get your budget and career on track

If you want to move to a new city but the right job opportunity isn’t available, it’s still possible to make a significant change. Whether you’re a new graduate or a corporate veteran ready for a career change, moving somewhere without a steady income might seem nerve-racking. Thankfully, there are some strategies you can try that might make moving without a job a bit more smooth and efficient.

Keep reading for 11 tips to help make moving without a job a little easier.


  1. Be realistic about the home you can afford
  2. Build your savings as much as possible
  3. Become a budgeting guru
  4. Earn extra cash through side jobs
  5. Research employers with an open mind
  6. Upskill while you’re looking for jobs
  7. Become a networking pro
  8. Update your resume
  9. Follow local companies you want to work for
  10. Reach out to external recruiters in the area
  11. Stay positive and persistent

1. Be realistic about the home you can afford

Don’t overestimate how much you can spend on accommodations in your new city or town. If possible, stay with friends or family to avoid paying rent while job hunting. If this is not an option, look for affordable housing. You may even want to find a month-to-month rental option so you don’t lock yourself into a contract before you have a job. Try using a rent vs. buy calculator to see what might make the most financial sense for you.

2. Build your savings as much as possible

When moving without a job, a solid safety net of savings can be helpful. Try to set aside at least six months of living expenses before you move. The idea is to have enough savings so that you can focus on finding a new job without needing to stress about not having an emergency fund.

3. Become a budgeting guru

After arriving in your new city, begin tracking your monthly expenses for an accurate idea of your new cost of living. Essentially, you need to make sure your future projected income will be able to support your lifestyle. This includes your rent or mortgage payments, groceries, utilities and other essentials.

4. Earn extra cash through side jobs

While looking for a full-time position, you may find it helpful to earn some extra cash from side jobs and passive income streams. The little bit of extra money may provide a sense of security that makes your job hunt a little less stressful. Additionally, if you have enough income from side jobs or temporary part-time work, you may feel less rushed to find any job to pay the bills and avoid settling for a job you don’t actually want. 

Golden-rules-of-job-searching-in-a-new-placeImage: Golden-rules-of-job-searching-in-a-new-place

5. Research employers with an open mind

While you don’t want to settle for a career that’s not aligned with your goals, remember to be open and flexible when researching employers and specific positions. For example, if a job opens up that’s in the correct field but isn’t the title you want, it may still be worth taking a look. You may be able to grow within the company. Even if you don’t get your dream job, it can be helpful to have a steady source of income sooner rather than later so you avoid depleting your savings.

6. Upskill while you’re looking for jobs

Use the downtime you have between applying for full-time positions and working on your side jobs to upskill yourself and get new certifications. Making yourself a more attractive candidate can help you stand out during the application and interview process. It could even help you increase your earning potential.

7. Become a networking pro

Look for any in-person networking events in your new area, or check online if you can’t find anything in-person. For digital networking, optimize your social media profiles, consider attending virtual career fairs and use best practices for online communication. Build your professional network as much as possible — you never know who may reach out with a job opportunity.

8. Update your resume

Remember to update your resume in preparation for the job-hunting process. Many employers use an Application Tracking System (ATS) to automatically screen resumes for candidates that match the job application. ATS systems look at resumes differently than a person would, so be sure to write your resume with ATS systems in mind — you can try tools like Jobscan to see how an ATS system might view your resume.

Tips-for-remote-networking-onlineImage: Tips-for-remote-networking-online

9. Follow local companies you want to work for

If you know a few companies you’d love to work for in the new area, do your best to connect with their team or stay in touch. You can do this by following the company on LinkedIn, asking to connect with the hiring manager or other employees on LinkedIn, or by regularly checking the company website for career opportunities. If they know you’re interested in working with them, they might reach out to you when a job opportunity opens.

10. Reach out to external recruiters in the area

Some companies work with external recruiters to help them fill open positions. These recruiters might work for an agency that fills positions for several companies — meaning one connection could possibly refer you to various positions in a field or area. To find recruiters on LinkedIn in your desired field or location, try searching for “Recruiter,” “Recruitment” or “Headhunter” in the search bar and narrow your search using filters.

11. Stay positive and persistent

Finding a new job can take about three to six months on average, so if your job hunt is taking you longer than you’d hoped, don’t give up. Rejections and other setbacks are a natural part of the process. Continue to apply for jobs, hone your skills and update your resume. Staying positive and persistent is essential for the job-hunting process. 


What’s next: Save up for courses and certifications

Moving without a job might be challenging at times, but it’s definitely a change you can make with proper planning and persistence. If you have courses or certifications you can pursue that might make you a more attractive candidate in the job search, remember to make saving for any fees part of your planning process.

10 Tips to help you live below your means

To live below your means is to never spend more than your total earnings. You’re successfully living below your means if you make more money from your job and other income than you pay toward expenses.

That said, living below your means doesn’t require sacrificing what you enjoy. Instead, it prompts you to make better decisions about how, when and where you spend your money.

Thinking about the lifestyle changes you might have to make in order to live within your means may seem overwhelming, especially if you’re juggling expenses like rent or a mortgage, a car loan, student loans or credit card debt. Fortunately, there are ways you can still pay these bills on time while reaching your financial goals — and maybe even have some leftover cash to enjoy doing things you love. Let’s go over 10 painless ways to live below your means.


  1. Examine your financial habits
  2. Create a budget
  3. Track your spending
  4. Be mindful of credit cards
  5. Reduce meaningless spending
  6. Save from the start
  7. Negotiate rates and bills
  8. Pick up a second source of income
  9. Downsize your home
  10. Don’t buy into consumer trends

1. Examine your financial habits

Strong financial habits are the first step to living below your means and can help lay the groundwork for long-term financial stability and success. If you never have enough money to cover your expenses, it might be time to ask some important questions.

Are you tracking and planning your expenses, or do you make impulsive purchases? Are saving and investing a priority, or do you live paycheck to paycheck? Are you mindful of your financial goals and actively working toward them, or are you confused about your financial priorities?

Take a moment to reflect and consider whether your spending, saving and investing habits align with your lifestyle and major goals.

2. Create a budget

A budget is an impactful way to stop living paycheck to paycheck and avoid spiraling into overwhelming debt.

Create a budget by calculating your income and expenses to see whether you’re living within or beyond your means, and then establish a financial plan based on the outcome.

For a clearer picture of your total income, consider your salary and other sources of income as well, such as child support or your tax refund. Then, calculate how much money you spend each month. This includes every single transaction you make. For example:

Expenses and income can fluctuate from month to month, so consider tracking your expenses for six to 12 months and find the average.

Now it’s time to determine whether you’re living within your means. If you have a positive number after subtracting monthly expenses from your monthly income, you’re living within your means. Alternatively, a negative number means you’ve likely been living beyond your means. You can use our budget calculator to get an idea of how much you spend and on what.

As you work toward financial security, consider these effective budgeting strategies:

Overall, these strategies provide different approaches to managing finances effectively and meeting financial goals.

3. Track your spending

Once you’ve created a budget, track your spending to ensure you don’t risk falling off course. You can create a spreadsheet or use a budgeting app. Recording each purchase can force you to think twice before buying something.

4. Be mindful of credit cards

Credit cards allow you to make big purchases if you don’t have the money upfront and pay off those purchases each month. But those purchases can come with extra costs. The Consumer Financial Protection Bureau estimates that Americans pay roughly $120 billion in credit card fees and interest yearly.

While credit cards can be helpful, they can also lead to insurmountable debt. Limiting your credit cards to what you can realistically handle makes it easier to manage your expenses, reduce debt risk and maintain control over your finances.

5. Reduce meaningless spending

Fortunately, if you want to live below your means, you can cut back on some of your spending. As you track your purchases, ask yourself, “Do I really need this?” Questioning each purchase can help you better understand your priorities and identify what’s worth spending money on.

By spending less than you make, you can make progress toward getting out of debt, paying off loans and saving up for big purchases.

Depending on your interests, here are some areas you can reduce spending:

6. Save from the start

Before you start spending your paycheck, consider transferring money to your savings account, emergency fund or retirement saving funds, like a 401(k) or Roth IRA. With an automatic transfer, funds can be automatically dispersed to different accounts so you can resist spending more than you should.

7. Negotiate rates and bills

Many customers think the rates that banks and credit unions charge for their services are set in stone. However, these financial institutions want to keep you as a customer, so learning how to negotiate with credit card companies can save you big-time.

To save money on your credit card bill, ask your credit card company if you’re eligible for a lower interest rate, a lower annual fee or a long-term repayment plan.

If your credit card company is unwilling to negotiate a lower price for your high-interest credit card, consider a balance transfer. Some balance transfer cards offer an introductory 0% interest rate on the transferred balance, giving you several months to make payments without being charged interest.

Our list of top balance transfer credit cards can help you pick an option that best suits your financial situation.

8. Pick up a second source of income

If you’re wondering how to live below your means, finding a second source of income can get you there. With a traditional day job, you may not have the time or energy to pick up additional shifts or work a second job. Fortunately, you can make extra money using your hobbies or interests or by leveraging everyday things you have access to.

For example, ridesharing services could be a convenient way to earn additional income if you have a car. Or you might consider serving customers at your local coffee shop on the weekends if you love lattes and foam art.

From home repair to writing to landscaping to professional tax services, you can take advantage of the many freelancing opportunities to help someone else, all while making money.

9. Downsize your home

Just the thought of moving out of the house you’ve turned into a home can bring up all types of emotions. But purchasing the most expensive home the bank says you can afford may cause you to struggle to keep up with insurance, mortgage and maintenance payments.

Instead, you might consider choosing a more affordable fixer-upper that requires just a few inexpensive home improvements.

Downsizing to a smaller home can help ensure you don’t live beyond your means.

With new trends appearing daily, it’s easy to fall into a cycle of competitive consumption — spending on items you don’t necessarily want or need just to keep up with your peers. But if the goal is to live below your means, you need to consider the long-term value of every purchase. Before you decide to buy something, think about …

These considerations can help you prioritize your financial future, avoid unnecessary spending and seek out experiences and items that truly add value to your life.


What’s next: Spend less and save more

If you’re determined to create a more stable financial future, learning how to live with less money is one way to get there.

With these 10 tips, you have the opportunity to climb out of debt, pay your bills on time and begin saving for your long-term financial goals.

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Budgeting for teens: 18 tips for growing your money young

Some of the most crucial life skills don’t always get taught in school. Budgeting is a real-life skill you can practice daily to set yourself up for financial success. Check out these 18 tips on budgeting for teens to start growing your money young.

Feel free to jump to the infographic for inspiration from money-minded teens and ideas for budget-friendly lifestyle swaps.

A stacked infographic titled "Young millionaires with big money ideas" highlights several people with a short bio about them next to an illustration that connects to their careers. 

JoJo Siwa is a 20-year-old singer, dancer, actress and social media personality who has established herself as a multimedia mogul. 

Ben Pasternak is a 23-year-old app entrepreneur and youngest person to receive venture capital funds in tech at age 15. 

Rachel Zietz is a 23-year-old CEO of a lacrosse equipment company who made her first $1 million when she was 15 years old. 

Moziah Bridges is a 21-year-old bow tie designer and entrepreneur who landed a lucrative contract with the NBA at 15 years old.

  1. Know your income
  2. Create budget categories
  3. Pick a budgeting strategy
  4. Save first, spend later
  5. Set goals
  6. Track your habits
  7. Adjust your budget 
  8. Open a savings account
  9. Learn from your mistakes
  10. Earn more with a side job
  11. Be a spending minimalist
  12. Don’t give in to peer pressure
  13. Seek out help
  14. Make budgeting fun
  15. Follow money-minded influencers
  16. Learn credit card best practices
  17. Understand how credit scores work
  18. Check out teen budgeting resources

1. Know your income

The first step to budgeting is knowing how much money you make. Whether you have an income from a part-time job or a monthly allowance for helping around the house, you should total up the money you make each month. Whatever that number is, use it as a guide for how to save money and spend it. If that total varies monthly, stick to the smaller amount.

2. Create budget categories

The next tip is to create your budget categories. When creating categories, consider two main ones: saving and spending. Under these two categories, list the expenses you’ll be putting your money toward. You can see an example of teen budget categories below.

For your savings categories, you might include …

And you might use spending categories, like …

You likely don’t have to worry about paying for housing or utilities, so don’t include those if someone takes care of them. If you contribute to those, though, feel free to include them as necessary spending expenses.

3. Pick a budgeting strategy

Once you have a list of all your categories, it’s time to figure out how much money to use for each one. You can do this using a variety of budgeting methods. Learn more about a few strategies below and choose the one that works best for you.

4. Save first, spend later

Now that you’ve decided on a teen budget strategy, it’s smart to always contribute to savings before spending. If you start spending before you save, there’s a chance you might blow your budget one month and not have anything left over to save. By prioritizing saving, you practice discipline with your money and make it easier to stick to the budget you planned in the first place.

5. Set goals

Having goals for your money is a great way to motivate yourself to stick to your budget. Maybe you’re saving up for a car or a trip with friends. Whatever your goals are, if you maintain your budget and keep up good saving and spending habits, you’ll be able to make steady progress to achieve them.

Of course, delayed gratification can be tough, but getting excited about a dream purchase can make working toward your goals easier.

6. Track your habits

Another helpful budgeting tip is to start tracking your spending habits. Use a printable habit tracker to monitor and reflect on your weekly spending. By tracking your habits, you can figure out if you can make realistic lifestyle swaps to save more.

For example, if you buy iced coffee multiple times a week, try a more budget-friendly alternative, like making it at home and putting it in a to-go cup. A simple modification to a regular habit may free up a sizable chunk of change in your budget.

teenager-budget-money-habitsImage: teenager-budget-money-habits

7. Adjust your budget

If your budget isn’t working for you, know that you can change it to fit your needs. For example, if you’re consistently overspending on something necessary like gas, adjust your budget to fit that need better. On the other hand, if you’ve stopped driving as much, allocate your gas funds somewhere else, like toward a savings account.

If you’re overspending on something that’s more of a want, like clothes or entertainment, figure out ways to curb your spending. An alternative to this is to think about reworking other nonessential expense categories to free up more funds. Once you have the availability in your budget, you can feel guilt-free about spending on what makes you happy.

8. Open a savings account

As you discuss saving money and delayed gratification, consider opening a savings account. You can even bring up the possibility of opening up a high-yield savings account, which earns a higher interest rate on deposits than a traditional savings account. This can be a great motivator to save and a real-life example of how delayed gratification can lead to even more savings.

9. Learn from your mistakes

Mistakes happen, but what’s important is what you learn from them. Did you fall short of your savings goal and now have to skip a fun activity or settle for a cheaper alternative? Reflect on why that happened, and think about how to improve next time. Good spending and saving habits come with practice, so remember to use the feeling of not meeting your goal as motivation to do better next time.

10. Earn more with a side job

If you’d prefer more wiggle room with your budget, consider increasing your income with a side job. Luckily, there are many ways for teens to make money at home. Try putting your interests or talents to work with these ideas.

11. Be a spending minimalist

Some people might think the long-term benefits of saving and investing all your money outweigh the pleasure of owning items you want. But what if you could have the best of both worlds — quality items you enjoy and money to put aside for your future? To strike this balance, consider taking on a minimalist lifestyle and mindset.

12. Don’t give in to peer pressure

Life as a teen comes with many pressures. Whether keeping up with current fashion trends or grabbing a bite to eat with friends, you may feel tempted to overspend. Don’t feel bad about not having the latest accessories or asking your friends to hang out at the park instead of dining out. True friends are happy to hang out with you regardless of what you’re wearing or where you are.

13. Seek out help

When it comes to budgeting as a teen, remember to ask for help if needed. You’re still learning about many different parts of life, and it’s all right not to have all the answers. If you have questions, get advice from your parents or financial role models. Do your research and read books by financial experts or listen to podcasts online to dive into more complicated topics like investing.

14. Make budgeting fun

Technology and social media are other resources that make budgeting fun and easy. Gen Zers find social media influencers more helpful than school or books for learning financial concepts.

Read on for more advice from your favorite social media stars on budgeting for teens.

15. Follow money-minded influencers

A great way to level up your money mindset is through social media. Watch these TikTok stars break down financial concepts and offer tips in short video snippets.

An infographic featuring budgeting advice from money-minded TikTok stars. The following quotes appear one above the other in light green talk bubbles. 

"Pay yourself first and track your spending" - Humphrey Yang

"Be polite and negotiate everything" - Tori Dunlap

"Building an emergency fund should be a priority" - Ellyce Fullmore

Humphrey Yang

Handle: @humphreytalks | 3.3M followers

Humphrey Yang is a former financial advisor turned entrepreneur and social media star. He shares personal finance and entrepreneurship tips with his 3.3 million TikTok followers and 1.1 million YouTube subscribers. Check him out for tips on credit cards, passive income and easy investing strategies.

Tori Dunlap

Handle: @herfirst100k | 2.4M followers

Tori Dunlap’s videos focus on helping others grow their money. As her handle suggests, she encourages others to save and reach the goal of their first $100,000 in savings. Tori also advocates for fair salaries for women and offers salary negotiation tips in a firm but professional manner.

Steve Financial Freedom Coach

Handle: @calltoleap | 1.1M followers

As a former public schoolteacher who worked hard for financial freedom, Steve posts personal finance videos on TikTok playing out different money scenarios to help empower others in those same situations. Watch Steve for his credit card hacks and passive income ideas.

Ellyce Fulmore

Handle: @queerd.co | 532.6K followers

As a self-proclaimed “money coach,” Ellyce Fulmore offers personal finance tips aimed at a millennial and Gen Z audience. She keeps things fun by lip-syncing and dancing to popular music while explaining financial terms through text, and she regularly answers financial questions submitted by her viewers.

16. Learn credit card best practices

Whether you get a credit card tomorrow or wait until college, you should understand how they work.

A credit card can feel like “free money” to a teen who doesn’t know the basics of credit, but it can also help build good financial habits when used with the proper care and understanding.

Here are some resources to help you understand some basic facts about credit cards, including the perks of rewards programs and the potential pitfalls of carrying a high balance.

17. Understand how credit scores work

Thanks to schoolwork and tests, you’re likely familiar with people using numbers to evaluate accomplishments. While not exactly the same, grades can be a useful analogy to draw on when learning the concept of credit scores.

You may not have credit scores of your own until you start establishing a credit history at the age of 18. But you can still lay the groundwork for great credit scores by learning what factors affect a credit score, how they get calculated and how to work on credit scores over time.

18. Check out teen budgeting resources

TikTok isn’t the only place to get digestible personal finance tips and information. Check out these popular podcasts and YouTube channels to learn more.

Podcasts

YouTube

Take control of your financial future early. Learn about personal finance and practice good spending, saving and teen-budgeting habits so you can make money moves in adulthood.


What’s next: Grow your savings faster

Saving, budgeting, bank accounts, credit cards and credit scores are all pillars of financial literacy. Teenagers who understand these pillars will be better prepared to navigate debt and achieve long-term savings goals.

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