Sep 30, 2018
4 OF THE BIGGEST FINANCIAL PROBLEMS FOR MILLENNIALS
4 OF THE BIGGEST FINANCIAL PROBLEMS FOR MILLENNIALS â AND HOW THEY ARE COPING WITH THEM

If you are a Millennial, odds are you are struggling on one or more financial fronts. Millennials, defined as those born between 1981 and 1996, face a number of financial obstacles that are unique to their generation. What other generations sometimes fail to realize is that these difficulties are not caused by poor judgement or slack work habits on the part of the Millennials, but are instead the direct result of entering the workforce during or after the Great Recession.Here’s a look at four of thebiggest financial problems for Millennials, and the ways they are coping with these challenges:
Image Credit:Smart Asset
High housing prices
The price of home ownership has risen sharply for Millennials compared with past generations. The cost of buying a home has increased 73% from 1960 to 2000 (when adjusted for inflation). A report bySmart Assetfound that home prices are so much higher than average income in some cities that it can take almost a decade to save for a down payment.
How Millennials are coping:Home ownership among Millennials is at an all-time low, according toNBC News. Millennials are delaying purchasing a home, along with other life changes such as marriage and parenthood, in large part due to their financial burdens.
Image Credit:Pew Research Center
Soaring rent costs
Millennials entering the workforce face the highest rents of any generation.Zillowreports that the current average rent in the United States is $1,600, while Gen Xers paid just $850 at the same life stage, according toStudent Loan Hero.
How Millennials are coping:As a result of soaring rent costs and otherMillennial financial challenges, more young adults live at home than at any time since the 1940s, aPew Research Center Analysisfound.In 2014, 18- to 34 year olds were more likely to be living in their parents’ home than with a spouse or partner in their own household.
Image Credit:Business Insider
Crushing cost of a college education
The cost of attending a 4-year private college has more than doubled over the past 30 years, according to the College Board. Costs at public institutions have increased even more, more than tripling from 1988 to 2018.
How Millennials are coping:The high cost of college has left many Millennials with a steep burden of student loans.Business Insiderreports that Millennials who took student loans graduate with more than $17,000 in student loan debt on average. Graduates in the Northeast tend to carry even more debt, averaging as much as $27,000 in student loans.
Image Credit:GoBankingRates
Looming Social Security deficits
Social Security benefits for Millennials are expected to be just 75% of what retirees are paid now. If funding decreases occur as predicted, the average monthly payment in 31 years would be just $1,908. This would leave Millennial retirees so close to the poverty level they may be unable to pay the basic costs of living unless they have their own savings.
How Millennials are coping:Six out of 10 working Millennials have already begun saving for retirement, according to a report byWells Fargo. Millennials will need to save significantly more than workers in past generations, however.Timereports that with inflation rates of 2% per year, $1 million in retirement savings will be worth just $453,000 in today’s dollars and buy less than $2,500 of monthly income for life.
There is some good news when it comes toMillennials and personal finance. Because of compound interest, a Millennial who starts saving 15% of annual income at age 25 will have enough to retire by age 67.If you are a Millennial who would like some help dealing with the financial challenges you face, reach out to financial advisor Matt Logan atwww.MattLoganInc.comor call at (336) 540-9700. We can help you devise a livable financial plan that will allow you to meet your financial goals, including paying off debt and saving for a down payment, while still saving for retirement.
Matt Logan is a Representative with Matt Logan Inc and Summit Brokerage and may be reached athttp://www.mattloganinc.com/, 336-540-9700 ormatt@mattloganinc.com.
Matt Logan Inc. is an independent firm with Securities offered through Summit Brokerage Services, Inc., MemberFINRA,SIPC. Advisory services offered through Summit Financial Group Inc., a Registered Investment Advisor. Summit Brokerage Services, Inc., its affiliates and Matt Logan Inc. do not give tax or legal advice. You should consult an experienced professional regarding the tax consequences of a specific transaction. These are the views of Matt Logan Inc, and not necessarily those of Summit Brokerage Services, Inc. and any of its affiliates and should not be construed as investment advice
Sep 27, 2018
Turkey Text
Lorem Ipsum Nedir?
Lorem Ipsum, dizgi ve baskı endüstrisinde kullanılan mıgır metinlerdir. Lorem Ipsum, adı bilinmeyen bir matbaacının bir hurufat numune kitabı oluÅturmak üzere bir yazı galerisini alarak karıÅtırdıÄı 1500’lerden beri endüstri standardı sahte metinler olarak kullanılmıÅtır. BeÅyüz yıl boyunca varlıÄını sürdürmekle kalmamıÅ, aynı zamanda pek deÄiÅmeden elektronik dizgiye de sıçramıÅtır. 1960’larda Lorem Ipsum pasajları da içeren Letraset yapraklarının yayınlanması ile ve yakın zamanda Aldus PageMaker gibi Lorem Ipsum sürümleri içeren masaüstü yayıncılık yazılımları ile popüler olmuÅtur.
Neden Kullanırız?
Yinelenen bir sayfa içeriÄinin okuyucunun dikkatini daÄıttıÄı bilinen bir gerçektir. Lorem Ipsum kullanmanın amacı, sürekli ‘buraya metin gelecek, buraya metin gelecek’ yazmaya kıyasla daha dengeli bir harf daÄılımı saÄlayarak okunurluÄu artırmasıdır. Åu anda birçok masaüstü yayıncılık paketi ve web sayfa düzenleyicisi, varsayılan mıgır metinler olarak Lorem Ipsum kullanmaktadır. Ayrıca arama motorlarında ‘lorem ipsum’ anahtar sözcükleri ile arama yapıldıÄında henüz tasarım aÅamasında olan çok sayıda site listelenir. Yıllar içinde, bazen kazara, bazen bilinçli olarak (örneÄin mizah katılarak), çeÅitli sürümleri geliÅtirilmiÅtir.
Nereden Gelir?
Yaygın inancın tersine, Lorem Ipsum rastgele sözcüklerden oluÅmaz. Kökleri M.Ã. 45 tarihinden bu yana klasik Latin edebiyatına kadar uzanan 2000 yıllık bir geçmiÅi vardır. Virginia’daki Hampden-Sydney College’dan Latince profesörü Richard McClintock, bir Lorem Ipsum pasajında geçen ve anlaÅılması en güç sözcüklerden biri olan ‘consectetur’ sözcüÄünün klasik edebiyattaki örneklerini incelediÄinde kesin bir kaynaÄa ulaÅmıÅtır. Lorm Ipsum, Ãiçero tarafından M.Ã. 45 tarihinde kaleme alınan “de Finibus Bonorum et Malorum” (İyi ve Kötünün Uç Sınırları) eserinin 1.10.32 ve 1.10.33 sayılı bölümlerinden gelmektedir. Bu kitap, ahlak kuramı üzerine bir tezdir ve Rönesans döneminde çok popüler olmuÅtur. Lorem Ipsum pasajının ilk satırı olan “Lorem ipsum dolor sit amet” 1.10.32 sayılı bölümdeki bir satırdan gelmektedir.
1500’lerden beri kullanılmakta olan standard Lorem Ipsum metinleri ilgilenenler için yeniden üretilmiÅtir. Ãiçero tarafından yazılan 1.10.32 ve 1.10.33 bölümleri de 1914 H. Rackham çevirisinden alınan İngilizce sürümleri eÅliÄinde özgün biçiminden yeniden üretilmiÅtir. -
Sep 25, 2018
Wanna Know How To Pick The Best Pickleball Paddle Bag?
Before We Pick The Best Pickleball Paddle Bag, Lets Explore The Types Of Bags
Sling Bags:
Sling bags are the lightest, trendiest one-shoulder bags for carrying your pickleball paddle and ball. This type of bag is a great option for the active pickleball player who is always on the go. Heading to the gym after school? You don’t have to lug around a big backpack.pickleball paddle bag
Just pull out a sling bag from your locker, your shoes, and your clothing, and you’re good to go. Sling bags come in a variety of colors, and sizes. They can carry between two and eight paddles, depending on the design. They are compact and fuss-free. A sling bag is great both for the occasional player and the pickleball veteran who is running out for a quick game with friends on a nearby court.
Backpack:
For long hours of pickleball on a hot summer’s day, there are several things you will want to carry with you. Lots of water is a must. A towel and gym clothes are essentials. You’ll want to carry several balls, in case some get lost or crack. You may want to take extra clothes, several paddles, your wallet, sunglasses and anything else you need for your day of pickleball.
A backpack with many pockets is what you will need. The double shoulder straps will make the bag easier to carry than a sling bag. You won’t feel the aches and pains in your shoulders before you begin your game. Professional quality backpacks are also available for pickleball, with insulated coolers on the sides behind mesh water bottle holders.Vanda pickleball
Cinch Bag:
A cinch bag is a simple bag with a single pocket and a system of strings that tighten the mouth of the bag and acts as straps for hanging on your shoulder. These bags can usually fit a paddle or two and a few balls. The straps are thin and not designed to be carried on your shoulders for extended periods of time. Nor can these bags carry a lot of stuff without threatening to tear. They are like rudimentary sling bags, and good for a quick game of pickleball when you don’t have to carry anything more than your paddle and balls.
Duffel Bag:
Hold-all duffel bags are great for sports in general. In pickleball, in particular, duffel bags make excellent carry-alls for almost everything you need to carry with you. They are great for carrying gear for groups of players as well. You can prepare one duffel bag for the family with everyone’s paddles, balls and shoes in them, to be pulled out every weekend when the pickleball players meet.
Tote Bags:
There are pickleball tote bags that are light, with zippers and compartments for storing little objects, and depending on the size they can have space for a few paddles and balls.pickleball paddle bag
More DetailsSep 3, 2018
Keeping You In-Store and Outdoor Signage Attractive
Outdoor and in-store signage is important factors in getting customers inside your retail store. But have you stopped to look at your signage lately? Just like your merchandise, your signage should change regularly to keep customers coming back. Here are some tips to ensure that your different signage is in top shape and doing its best to communicate with customers and potential clients.
Maintenance is Key
Your permanent outdoor sign won’t change very often, but it’s important to make sure it looks fresh and up-to-date at all times. Burned out bulbs, flickering neon or peeling paint convey a bad impression. Make sure your sign is in tune and secured with the feel and the look of the area where your store is located.
Window signage, on the other hand, should change frequently, with new merchandise or seasons.
Useful In-store Signs
Inside the store, signage can serve the purpose of directing or explaining, like signs that tell customers where the dressing rooms are for instance, or signs announcing sales or hyping products can persuade them to look and buy. Purposeful signs need to be clear and easily understood. Persuasive signs can be more fun. Both types should be consistent with your brand in terms of fonts, colors, and design.
Blend it Up
Point of purchase signs, A-frame signs, standing signs, display signs and wall signs are all formats you can use throughout your store. You can even get creative with decals on the floor highlighting key sections of the shop. Something as simple as a doormat with a creative message or your business logo secured on it will attract attention while also serving a purpose.
Be Positive
Don’t use signs in your store bearing negative messages such as “Absolutely NO checks accepted” or “Cash only” and “All sales FINAL”. This will suggest that you have had some awful experiences with customers. Phrase your sign content positively, like “We cannot accept out-of-state checks. Thank you for understanding.”
Recognitions and Awards
They aren’t exactly signs, but framed articles about your business or awards you have won are another way to communicate with customers. They show that your store has a history, is part of the community and is respectable and trustworthy.
Grab Attention
Signs that make people stop and think, such as puns, plays on words or humor, are a great way to get shoppers to slow down. When someone pauses to read a sign and chuckle or share it with a friend, you’ve got a better chance of making the sale.
Strike a Balance
It’s important to find the right balance between too little and too much signage both inside and outside your store. Too much, and your store looks cluttered and overwhelming, customers won’t know where to look. Too little, and the store looks unwelcoming, as customers struggle with things like where to find items.
Portable signage, such as A-frame or chalkboard signs, is a great way to attract passersby to your store. Get creative with your sign. An eclectic clothing boutique can use a chalkboard with pastel, hand-drawn lettering. A children’s bookstore or toy shop can use a magnetic board spelling out words in colorful alphabet magnets, or a felt board with stick-on felt lettering.
More DetailsAug 14, 2018
Comparing Car Prices on the Web is a Wise Decision
Are you excited about getting a new car? Buying a new car is certainly a major purchasing decision that needs careful thought and research. There may be some people who need to buy a new car yet do not have much technical knowledge about automobiles or the auto industry. They may have little or no confidence when making decisions about a car purchase and find the whole buying process confusing and overwhelming.
That is why some form of independent help when making such a big buying decision can come in handy. Thankfully, there are online tools and resources that can help buyers find their ideal car at the best price. If buyers compare car prices online, this will help them arrive at the best decision. Price, after all, is a crucial factor. If you are embarking on your search for the perfect car, allot time to research and compare car prices online. Doing so might help you snag the best deals and garner substantial savings.
It is helpful to create a list of car models that interest you. Prepare a sheet of paper or use a word-processing document or spreadsheet to make notes. As you compare car prices online, note down the make and model of every car that you are considering, as well as its base manufacturer’s suggested retail price, otherwise known as MSRP.
The first place you should visit when you want to compare car prices online is the auto manufacturer’s website. If, for example, you have a particular Ford model in mind, you can visit Ford.com. When you browse the manufacturer’s website, you will also get an accurate list of a car’s standard features and other detailed information. Note the total MSRP of the car model you are interested in. You can also search the manufacturer’s website for any special offers and promotions. You might find a list of national and local offers, including cash-back offers and special interest rates.
The manufacturer’s website typically provides an online utility that gives you an option to e-mail local dealers to get a quote. In your e-mail message, ask dealers if they are willing to offer a better deal. When you get a response, present the lowest offer to other dealers to see if they can even go lower. By e-mailing different dealers for prices, they will compete with each other and you can get the lowest possible price.
There are other websites that allow you to compare car prices online in a simple and quick process. Edmunds.com, for example, is an automotive information website that provides a pricing system to help buyers get the best deal. Buyers can determine the national base price, the price with installed options, the True Market Value, as well as price quotes from local dealers. The Kelley Blue Book website Kbb.com also gives free dealer price quotes for both used and new cars. The Yahoo! Autos website Autos.Yahoo.com also lets buyers search for car prices and find car dealers by make and location.
More DetailsAug 14, 2018
Trade in Cars and Lose Hundreds of Dollars!
Here is why you should NEVER trade in cars to a dealership when buying a new car…
The sales people at the auto dealerships swear they will give you as much for your old car trade in as if you sold it yourself, right?
In fact, they might even tell you that they will give you MORE than what your old car is worth!
Don’t fall for that!
They will usually give you much less than what your auto trade in is worth because they will clean it up and re-sell it from their lot. Are you aware that automobile dealers easily (and I’m being very conservative here) make 2 to 3 times MORE on the sale of used cars than they do from selling new cars?
Even if they give you full retail value for your used trade-in then you should know that they will make up for what they “lost” on trading in your vehicle on the other side of the deal by adding bogus fee’s to the price, options that you really don’t need, or by adding points to your loan that could result in your vehicle costing hundreds and perhaps even thousands of dollars more than it should have.
Instead of trading in your old car, here is what you should do!
Spend a few hours cleaning it up and sell it yourself. You will pocket hundreds or even thousands more than what any car dealer will give you.
Also, get your loan from an outside source instead of through the dealership. Why? Because it will cost you much less by avoiding all the potential ripoffs in the dealers finance department and there are many online sources where you can pre-approved for a car loan.
When you trade in cars to a dealership, you are not only burning your hard earned money, but you are opening yourself up to more tricks they can pull on you during the car buying process.
More DetailsAug 14, 2018
A Guide to Find the Best Car Dealer in New York
Are you thinking of investing your money in buying a car? If yes, the first thing you need to do is find a car dealer. Well the best source for you to buy car whether used or brand new is a great car dealer. So what you want is a dealer who can give you the best offer among the various dealers that are operating in city. If you stay in New York then you have all the more options. There are several car dealers in New York who help people who are interested in buying cars. Car dealers are in fact a genuine source for you to buy good cars in New York.
Finding a good car dealer in New York is very important if you want to buy good cars. Go by reputation. There is very little chance or you to be get cheated if you work with reputed car dealers. You can find out the best car dealers from the yellow pages and also some other sources. The Internet is the best source to guide anyone in any aspect. The Internet contains information on any anything and everything under the sun. All you need to do is know what words you will have to type in search engines to actually find out what you want be it car dealers or anything else.
Try to find out as much as you can about the services offered by the car dealer. Usually car dealers provide the option of maintenance and other services to their clients. But try to find out whether your car dealer actually provides this service or not. Be clear from the very beginning about the services offered by the car dealer. Find out from your car dealer if the price that you will pay is the price of the entire car or not. With car dealers this may not be the case. Suddenly you may find that you have to pay extra amounts you were not told beforehand.
Remember one of the golden rules for buying car from a car dealer in New York is to compare prices offered to your by different car dealers. Never settle for the first price that they offer to you. If the car dealer in New York is not able to give you the price that you are looking for then just move on to the next dealer. There are plenty of options for you to choose from and thus you must not make a compromise on any aspect.
Car dealers are also a great source for you to buy used cars. Used cars can be a very good option for you if you are not able to afford to buy a brand new car. Often used cars come with factory warranties and they are very good insurance. Before you buy any car form a car dealer in New York make sure that you know all about the workings of the car. Until you are fully satisfied and all your queries have not been answered keep asking the car dealer about all the various aspects of the car.
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