Your morning coffee isn’t destroying your financial future

first_imgWhen you live paycheck to paycheck, everyone (including you) likes to blame your financial woes on the tiniest expenses. However, you’ll have a harder time than you think ruining your retirement plans by buying a morning coffee.As personal finance author Helaine Olen explains in Pound Foolish: Exposing the Dark Side of the Personal Finance Industry, the idea that you can ruin your budget with small indulgences is a tempting one because it’s something we can control. The idea, as popularized by personal finance advisor David Bach, is that if you simply skip the coffee every morning and invest that money instead, you’ll be a millionaire by the time you’re ready to retire.However, as Olen points out, the math on this concept doesn’t add up. For example, check out this Latte Factor Calculator. Assuming a $5 expenditure every single day, a generous 8% annual return for investing that money, and a 30 year wait, the potential interest only comes out to around $171k on top of $54k in coffee savings. While that’s not chump change, you also can’t retire on it. continue reading » 27SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Read More →

Local seniors enjoy special holiday luncheon at Johnson City Senior Center

first_imgJOHNSON CITY (WBNG) — Local seniors across Broome County held special holiday luncheons Wednesday afternoon. The Deposit Senior Center will host its’ luncheon Thursday at 11 a.m. “You know the holidays can be difficult for some people because they don’t necessarily have their friends or family local,” said Johnson City Senior Center Executive Director Kim Robinson. Seniors at the Johnson City Senior Center were treated to a roast beef lunch and were given a visit by the Johnson City Sophisticats. “It’s important we have these types of activities at the senior center so that there are opportunities for seniors to socialize.”last_img

Read More →

Premier League clubs want the FA Cup moved to midweek and replays scrapped

first_img There could be a radical shake-up of the football calendar in coming seasons 1 FA Cup replays from the third round onwards could become a thing of the past as Premier League clubs plan a radical shake-up of the football calendar. The competition could also be moved to midweek as top-flight clubs explore options to have televised matches on Saturday and Sundays. The move is part of a broader plan to free-up time for a mid-winter break, according to the Daily Mail. Much of the time required for the break would come in January, the time when clubs from the Premier League join the competition in the third round. There were changes to last season’s competition as the traditional ‘sixth round was renamed the quarter-final and replays from this round were cancelled.Matches were spread right across the weekend, with games played on Friday, Saturday, Sunday and Monday. But this looks likely to end as the erosion of the FA Cup’s position as the pre-eminent club knockout competition in the world continues.last_img read more

Read More →

Heritage Palace on Wheels debuts its voyage

first_imgThe first maiden voyage of Heritage Palace on Wheels (HPOW) reached Jaipur on December 30, 2017 from Delhi’s Safdarjung station at Gandhi Nagar with 28 tourists on board. On its first tour, HPOW had 27 domestic tourists and one foreign tourist from South Africa.This train ran in two itineraries, first three nights covering Golden Tringle – Delhi-Jaipur-Sawai Madhopur-Agra-Delhi and then four nights on Desert Triangle – Delhi-Churu-Bikaner-Jaipur-Agra-Dholpur-Delhi. It is ideal for weekenders and corporate executives.The train can also be booked for facilities like conferences, board meetings and even pre-wedding ceremonies. The tariff is now only 300 USD or INR 19000 per night per person.The Chief Minister of Rajasthan and Additional Chief Secretary, Department of Tourism and State Government had a big role in rolling out the tourist friendly policies for it to be a success.Pradeep Bohra, General Manager, HPOW, highlighted that both the train officials and the passengers were exhilarated over the maiden voyage and appreciated the efforts by Rajasthan Tourism Development Corporation (RTDC) and Department of Tourism for their contribution.last_img read more

Read More →