Super Bowl Party on a Budget

We have officially arrived at Super Bowl week.  The game, which is on Sunday, February 4th, features the Philadelphia Eagles and the New England Patriots.  Super Bowl LII is sure to be an exciting affair.  The two teams previously met in Super Bowl XXXIX back in 2005 where the Patriots were victorious.  With all the hype surrounding the Super Bowl, there are bound to be numerous parties all over to celebrate the big game.  Some will go to their local bar to watch it, some will go to house parties to watch it, and others will be hosting a party to view it.  So if you are in a hosting position, what’s the best way to go about it?  Below are three ways to host a Super Bowl party on a budget.

Image result for super bowl party on a budget
Super Bowl LII

Alcoholic Beverages/Drinks

A Super Bowl party on a budget isn’t complete without drinks, more specifically, beer.  While purchasing beer for the entire party might be a little costly, there are some ways around it.  A 24 pack of Bud Light or Coors Light should be sufficient for the party as long as you encourage your party guests to bring their own beverages of choice.  Bud Light and Coors Light scream SUPER BOWL, especially with Budweiser’s ties to past Super Bowl commercials.  You can also go spend about $8 or so on a number of two liter sodas.  Ultimately you should be able to purchase a plentiful amount of beer and sodas for your party for around $30.

Food and Snacks

Chips and salsa are a staple of any Super Bowl party as well, but won’t be sufficient to feed all of your guests.  That’s why you should encourage your guests to bring a small dish.  If most bring a small dish, then you will have more than enough food to supply all hungry appetites.  As a host, you yourself should cook a dish or provide some ample amount of food like pizza.  Many national pizza chains run specials around the big game.  Just make sure you order ahead of time and try to carryout beforehand if possible.  All in all you can purchase about three medium sized pizzas and chips and salsa for around $25.

Cups, Plates, Etc.

You are more than welcomed to use your fine china, but disposable cups and plates are the easiest way to go when it comes to hosting a Super Bowl party on a budget.  You can buy all of the necessary items, cups, plates, and utensils for around $10 for the whole party.  The best part is that when it comes to cleaning up after the big game all you have to do is toss everything in the trash.

Final Thoughts

Hosting a Super Bowl party is a time honored tradition, almost as important as the game itself.  Whether your team is playing or not, these simple tips above can ensure that you and your guests have a wonderful time watching the game, the commercials and all that comes with Super Bowl Sunday.

Budget Smart, Invest Wise

Nick Foles Net Worth

The Philadelphia Eagles are heading to the Super Bowl.  Although they have been led all year by quarterback Carson Wentz, Nick Foles has been able to fill in and navigate the team through the playoffs.  When Wentz went down with a torn ACL, many didn’t give the Eagles much of a chance.  In fact, the Eagles are going to be an underdog in all three of their playoff games.  Regardless of the outcome at the Super Bowl, Nick Foles has proven his worth not only as a backup put as a potential starting QB in the league for next season.  Finishing up his seventh year in the league, Nick Foles net worth sits at $6 million.

Image result for nick foles net worth
Eagles QB Nick Foles

Drafted by the Eagles 88th overall in the 2012 NFL draft, Foles has spent his NFL career with a total of three teams.  He spent the first three seasons of his professional career in Philadelphia before being traded to the Rams in a quarterback exchange.  He signed a two year contract with the Rams valued at over $24 million, but he never lived up to the hype they had hoped for.  He was eventually released and signed with Kansas City.  After a one year stint with the Chiefs, Foles found himself on the free agent market and got a call from his old team.  Philadelphia had just used their top pick to draft franchise quarterback, Carson Wentz, so many were convinced that Foles would fit nicely into a backup role.  His most recent deal with the Eagles would net him an additional $11 million in earnings over the next two seasons.

Nick Foles career earnings in the NFL have now reached almost $20 million.  Nick Foles net worth can be attributed to these earnings which we can predict should be flowing in for years to come.  The rate of those earnings are the biggest question mark though.  Foles postseason success has many wondering if he could land with a different NFL team next season.  His experience and proven leadership could be an asset to many other organizations.  If Foles is able to convince the Eagles to trade him (he still has one year remaining on his contract), then he could demand upwards of $20 million a year in salary.

Regardless of what happens this offseason with Nick Foles one thing is for sure, he is now leading the Eagles into the biggest game of his career.  A Super Bowl victory against the Patriots for a backup QB is a monumental milestone.  I’m sure Nick is focused on the game instead of his future earnings, but if Nick Foles does get traded he could sign a big contract which could greatly increase Nick Foles net worth.  We will have to see what happens, but as they say in Philly, “Fly Eagles Fly”.

Drew Brees Net Worth

The 2017-2018 NFL season came to an abrupt end this past weekend for the New Orleans Saints.  They appeared to be well on their way to a victory and play in the NFC Championship game until the Minnesota Vikings scored a touchdown on the last play of the game.  The Saints were led by stellar quarterback play in the second half from their leader Drew Brees.  Brees just finished up his 17th season in the NFL.  The majority of his career has been spent in New Orleans.  The completion of this past season has made Drew Brees a free agent, but many expect for the Saints QB to return.  Due to his successful NFL career, Drew Brees net worth sits at $80 million.

Image result for drew brees net worth
Drew Brees

Drafted in the early second round of the 2001 NFL draft, Brees spent the first five seasons of his NFL career with the San Diego Chargers.  The Chargers selected Brees after a successful college campaign he had at Purdue.  A three year starter, Brees threw for 90 touchdowns and nearly 12,000 yards during his college career.  Upon being drafted in 2001, Drew Brees signed his first NFL contract which was for four years and worth $3.6 million.  Solid play eventually led him to reach a deal with the Saints after his fifth year in the league.  This deal and subsequent deals would eventually lead to the rise of Drew Brees net worth.

Brees has had a very successful NFL career to say the least.  He led the Saints to their first Super Bowl in franchise history in Super Bowl XLIV and was named the MVP.  He is an 11-time pro bowl selection to go along with a plethora of other awards from the league including the Walter Payton NFL Man of the Year award in 2006.  He is currently third in all-time passing yards with over 70,000.  He will most likely gain the lead if he is able to play at least one more season which he plans to do.  His 488 passing touchdowns tie him for third all time.

Because of his on the field success, the majority of Drew Brees net worth comes from his NFL earnings, which are nearing $200 million.  If he hopes to eclipse the $200 million mark for net earnings he will have to ink a deal this offseason.  Brees is currently an NFL free agent, but many expect him to resign with the Saints sometime in the near future.

Brees is married to his college sweetheart and the couple has four kids together.  Brees and his wife are very involved with the New Orleans community and in 2003 they established the Brees Dream Foundation.  The foundation does a number of charitable acts including support for cancer patients and also helping with rebuilding efforts after Hurricane Katrina.

 

How to save money when buying a bed

Bed frames and mattresses can definitely cost a pretty penny, but the expense makes sense, in a way. According to some estimates, people spend approximately a third of their lives sleeping. Without sleep, we wouldn’t be able to function on a daily basis, and it’s also said that not dreaming is incompatible with living.

With that in mind, you ought to understand that your bed should be an important investment in your comfort. If you’re looking to get your own, chances are that you’ve tried different types of mattresses by now. Some can get quite expensive depending on their cooling or heating properties or the way they can mold on your body.

For your consideration, we have come up with a selection of tips that can help you when you’re in the market for a new bed and you’re unwilling to spend a fortune. Check them out below.

Don’t be fooled by sales

The problem with sales and discounts is that most of the products you’ll be able to purchase aren’t of good quality. Sure, there are some affordable loft beds for adults that can be bought for cheap compared to their larger counterparts, but you need to ensure that their structure is reliable.

Many cheap beds and mattresses aren’t capable of withstanding the test of time. Therefore, it is a better idea to save some bucks and get the bed you want than throw your money out the window by getting one and having to replace it ahead of time.

Try as many mattresses as possible

It goes without saying that buying your bed and mattress online can be quite tempting, especially with the many offers made available either by retailers or by the manufacturers themselves. Whatever you do, do not get a bed or a mattress without first trying it.

By the way, if you share your bed with your partner, it might be a good idea to get him or her, too, and spend some time in a store so as to try out as many mattresses as possible. Only then will you find out which one works for you both.

A long warranty doesn’t matter all that much

Another aspect to bear in mind is that the warranty really doesn’t make that big of a difference. Within the first year of use, you’re likely to notice most defects, which gives you the opportunity to take advantage of the warranty as soon as possible. That is unless you travel a lot and spend little time at home, in which case you wouldn’t use the bed that often.

Many manufacturers sell their beds or mattresses for a higher price specifically because of an extended warranty. Don’t be fooled by this detail. It is practically customary to protect a mattress with a warranty of at least three years.

Don’t be afraid to protect your investment

If you got your bed delivered and upon starting to use it you’ve noticed that it’s not something you want to keep, don’t be afraid to return it.

It stands to reason that there are many policies and they differ significantly from one manufacturing brand to the next. But in the end, you need to understand that this is your money and that you can get it back if you’re unhappy with how things have turned out.

 

Draymond Green’s Net Worth

We are almost halfway through the 2017-2018 NBA season and the best record belongs to the Golden State Warriors.  While this doesn’t come as a surprise to most, the Warriors and their All-Star roster of players have continued their stellar play that led them to the 2017 NBA Championship.  One of the player’s who is key to the team’s success is their starting power forward Draymond Green.  At 6′ 7″ and 230 pounds, Green is a physical player who has recorded over 80 double doubles in his five and a half year career.  A two time NBA All-Star, Draymond Green’s net worth tops out a t $17 million.

Image result for draymond green's net worth

The 27 year old NBA star was born and raised in Michigan.  He led his high school to back to back state championships before accepting a scholarship offer to play college basketball at Michigan State.  While at Michigan State, Green developed into the team’s best player, averaging a double double in his senior season.  The Golden State Warriors used the 35th overall pick in the 2012 NBA draft to select Green as a member of their squad.  His second round selection came with a three year deal valued at $2.65 million.

In his third season with the Warriors, Green emerged as a full time starter for the team.  It was in this third season that he averaged nearly 12 points and seven rebounds per game helping lead Golden State to the 2015 NBA Championship.  Recognizing his emerging talent, the Warriors and Green agreed upon a five year contract extension worth $82 million.  It is this most recent contract that has allowed Draymond Green’s net worth to increase over the past two years.

From our analysis, Draymond is more than worthy of his large contract he signed back in 2015.  Since signing the contract, Green has been named an All-Star in 2016 and 2017.  In addition to this, he has also made the NBA All-Defensive First Team the past three seasons.  Green is a two time NBA Champion who also is a gold medal recipient while he played in the 2016 Olympics representing the United States.  Green is currently in year three of his five year extension with the Warriors.  He is scheduled to make an additional $36 million over the final two years of his contract.  This additional salary should have the potential of nearly doubling Draymond Green’s net worth.  With the skyrocketing values on NBA contracts, if Draymond keeps up with his high level of play, he could be handsomely rewarded the next time a contract comes around.

From a personal perspective, Green is known to live a fairly modest life.  He lives in an apartment outside of San Francisco and has donated more than $3 million to his alma mater.  He is also the father of two kids, one boy and one girl.

Covering Your Expenses: Unexpected Expenses Can Create Havoc with Your Finances but Knowing Your Options Will Help

In the United States, more than half of all people do not have an extra $500-$1,000 to pay for an emergency expense. It may make one feel a little better knowing that it’s a common problem and they’re not alone, but that still doesn’t answer the question: when something pops up, how do you pay for it? Here are a few things to think about while scrambling to cover an unexpected need.

Cutting Back and Securing Loans

The first thing many of us do in an emergency is use funds we had allotted elsewhere. You can instantly create another few hundred dollars per month by ditching your cable package and never eating out. There’s also the time-honored tip to make your own coffee each morning – there’s another $20 or more per week.

Look at your daily and monthly spending habits and see what’s going in favor of this emergency. Almost a quarter of people surveyed say that this is what they do when they need fast cash.

A lot of people borrow as well, particularly from family members who are willing to help them out. But just as many people rely on credit cards to bail them out.

Then there are loans. If you can get fast approval to serve your needs in time, it seems like an attractive option. Still, you are creating a debt that must be paid quickly, as well as dealing with potentially high interest rates.

People with assets, like a home they have a mortgage for, will pay down debt they created in an emergency with a home equity line of credit. All in all, getting a loan can trigger a chain of events that one should definitely consider before taking that loan out.

Getting Money for an Emergency

The best resource for emergency spending is you and your preparedness, so plan for the next one. Even those with low incomes can find just a little room to put something aside. You can start this emergency fund by selling things you don’t need anymore.

From there, add any change you get back from purchases to the emergency fund. Dedicate $20 (or less!) from each paycheck to your new emergency fund. It may be difficult to not spend it when every penny counts, but the security you feel just from having it may alleviate a lot of anxieties you have about your finances.

It’s also key to know exactly when (and when not) to spend your emergency savings. When an expense pops up, ask yourself if it’s really urgent – can it wait a few weeks? Months, even? Next, ask yourself if it’s an emergency. Could you have seen this coming? Christmas gifts, for an example, are not an emergency. Losing your job is.

It’s easy to feel as though you have it a little more difficult than those around you, but this might be less true than you think. We all have emergencies, and the majority of us have no way to pay for them. But with a closer look at your options, and careful planning for the next emergency, you’ll be able to let go of that anxiety and treat emergencies quickly and painlessly.

 

3 Easy Post New Year’s Financial Resolutions

A new year signals a new start for many people.  Whether it is with your health, your relationships, or your finances, it is as good a time as any for a re-birthing.  When it comes to one’s finances, there are some relatively easy New Year’s financial resolutions you can do to exit 2018 in a better financial position than when you started.  Listed below are 3 easy post New Year’s financial resolutions you can make.

Financial Resolution 1: Build an Emergency Fund

It is estimated that roughly one out of every three American adults has no money stashed away in an emergency fund.  This often means that they will have to take on high-interest credit card debt in order to pay for an unexpected expense.  No matter your age, any amount of money in an emergency fund will be of benefit.  Focus on saving $100 a month into an emergency fund.  By the end of 2018, you will have $1200 stashed away for those unexpected expenses.

Financial Resolution 2: Create a Budget

Earning money is important, but also of high importance is tracking your spending.  I love the following example:

A teacher making $40,000 in annual post-tax salary, but spending $35,000 of it, has more savings at the end of the year than a doctor earning $120,000 in post-tax salary but spending $130,000.

The point of this example is that if you can make a lot, but if you spend a lot you will never get rich.  Budgeting allows you to monitor you income while also keeping track of your expenses.  We offer a free monthly budget on our website to help you get this resolution underway.

Financial Resolution 3: Open an IRA

Recent tax reform has lessened the financial burden of taxes on many individuals and families, but another way to reduce taxes while funding retirement is through an IRA.  Traditional and Roth IRA’s are both good options to help save for those late years in life.  I prefer a Roth IRA; you put in after-tax money now, and it grows tax-free and has tax-free withdrawals.  Most people qualify for IRA’s, and the best part is that they are easy to open.  Many IRA’s can be started with as little as $100.

Not everyone is a fan of New Year’s resolutions, but that is part of the reason why people make them.  They have goals they want to achieve.  Those goals may be monetary, personal or health, either way they hope to be in a better place at the end of the year than they were at the beginning.  If you haven’t made a New Year’s resolution, it isn’t too late.  We aren’t even a week into the new year.  I challenge you to try at least one of these 3 easy post New Year’s financial resolutions and make your finances great again.

Budget Smart, Invest Wise