Jay Cutler Net Worth

Tom Brady, Brett Farve, Peyton Manning, these quarterbacks will all go down in NFL history as some of the best.  Then there are those quarterbacks who enjoyed a long and successful NFL career, but won’t be remembered among the elite.  In steps Jay Cutler.  Cutler is currently the starting quarterback for the Miami Dolphins.  He came out of retirement after Miami’s starting quarterback was hurt earlier this year.  While many consider Jay Cutler falling short of career expectations, he has been able to rack up a significant net worth during his playing career.  Jay Cutler’s net worth sits at $60 million.

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Miami Dolphins QB Jay Cutler

At 34 years of age, Cutler is currently playing in his 12th year as an NFL quarterback.  He has played for three teams, the Broncos, the Bears, and now the Dolphins.  He was selected as the 11th overall pick in the 2006 NFL draft by the Denver Broncos.  His first contract in the NFL was worth an astounding $48 million for six years; however, he was traded to the Chicago Bears after only three seasons in Denver.  While in Chicago, Cutler remained a consistent starter for the Bears, but he never produced the stellar season that the Bears were hoping for.  Even despite his lackluster performance, he was still awarded with a massive seven year $127 million contract in early 2014.  Even with this massive contract in hand, Jay Cutler couldn’t live up to the expectations and eventually he was released by Chicago before playing out the extent of the contract.

Upon his release from the Chicago Bears, Cutler announced he would retire from professional football; however, his retirement was short lived.  He was eventually called upon by the Miami Dolphins to fill in for quarterback Ryan Tannehill who got injured before the 2017 season began.  Miami signed Cutler to a one year deal worth $10 million.  After the 2017 NFL season, Jay Cutler’s career NFL earnings will top over $120 million.  It is his NFL paychecks that have helped give rise to Jay Cutler’s net worth.

Although many believe Cutler fell short of his potential, he has ended up having a fairly successful football career.  His college career at Vanderbilt University propelled him to his first round draft selection.  He was named to the All-SEC first team his senior year.  His only Pro Bowl selection came in 2008 when he led the Broncos to an 8-8 overall record and threw for 25 touchdowns.  He set a career high for himself in passing yards that year with 4,526.

Jay Cutler is married to reality television star Kristin Cavallari and the couple has a total of three children together.  He started the Jay Cutler Foundation back in 2007 while in Denver.  He was also diagnosed with Type 1 diabetes and works with Dedication to Diabetes to help raise awareness for the disease.

Don’t Worry, Get Life Insurance

When it comes to life insurance, there’s a lot to know and understand. Life insurance is tricky and confusing. As the consumer, you don’t need to know everything. But, as with anything, it is helpful to know a bit as you start shopping for the best policy. Protecting your loved ones is important. And, even if life insurance is not the most enthralling subject, it is important to start thinking about ASAP.

Many things can impact the policy you are able to secure, and how much you will pay for it. Not only does your age and health affect your policy options, but your debt and number of dependents will also influence your policy. Where you live and your lifestyle are important factors as well. In general, the younger and healthier you are, the better rate you will be able to get on a good whole life insurance policy for you and your loved ones.

State laws have a major bearing on policies. Specifically, they have an impact on the rights of the insured. The rights of the insured can vary drastically from state to state. The consumer protection you had in one state might be irrelevant or void in another state. This is why you need to be very careful when it comes to replacing or transferring policies as you move from state to state.

Check out this easy quiz from Health IQ about the nuances of how state laws can have an impact on insurance laws. It is short but very informative. And visit HealthIQ.com/quiz for related quizzes, such as How The Medical Exam Affects Your Quote or the Pros and Cons of Group Life Insurance.

How AI Will Change Business Processes

The age of artificial intelligence is still fresh but the evolution is happening so fast that it’s now agreed that AI can exhibit human characteristics. Although some prominent thought leaders have issued serious warnings about the singularity of AI and the probable threats they pose, the advantages of artificial intelligence seem to be endless.

Basically, technology has contributed significantly to business efficiency and customer experience. In the business sector, AI is not a newcomer because it has developed from the first time computers were introduced to business management. However, it is in the last few years that you can clearly envision and foresee how AI will change how business is done.
In this article, you’ll learn how AI will influence some business processes.

AI will transform the job industry landscape

Among the basic ways artificial intelligence will affect businesses is through transformation. If you know anything about AI then you probably know the risks to manual labor. Although this is not something that has been received with excitement among workers in affected positions, it should be well understood that’s what is coming in the near future.

Most manufacturing industries dealing with large-scale production see this as an attractive option. This is because it’s not only cheaper but it is also more productive and easy to manage. The precision and low tendency to make errors during production makes them an appropriate replacement for human labor.

With the full implementation of AI, business sectors like reception, customer assistance, and other administrative tasks will be transformed. Dealing with customer queries via telephone or messages will become easier and other tasks like accounting will be handled with ease and precision. In fact, some businesses have already incorporated chatbots into their systems and they are doing an awesome job. Besides outstanding efficiency, AI platforms will contribute to huge savings by most companies.

Integration and consolidation of business operations

Recent trends in business indicate that AI is an important player in the integration and most business processes. In large corporations, fragmentation of crucial business processes has posed some serious challenges and has resulted to bad synergy.

Integrating AI technology into daily operations of a business makes it possible to combine the fragmented pieces of work to make a fully functional whole. This leads to consolidated operations, employees, and systems. The ultimate effect is higher productivity, efficiency, and revenue.

Higher precision at a reduced cost

With the integration of superior AI into business operations, there will be a significant reduction in the margin for mistakes and errors that lead to losses. The higher precision achieved by AI will raise productivity and make businesses less risky.

The computing capability of AI programs is superior to humans and this facilitates processing of voluminous data in a short time. For instance, businesses in the financial sector have reaped benefits by utilizing technology in their business processes. Lending companies with online based platforms have an integrated underwriting process that works on its own. This has not only led to more business but the system has made realistic loans service better by ensuring that you are matched to the perfect loan product.

The technology has made the operations cheaper even though the level of precision is higher than you’d get with human labor.

AI guarantees superior enterprise mobility

With artificial intelligence, businesses will adapt more to the new model of working. Currently, there is a shift in how employees work with huge numbers preferring to work remotely or from home. In the future, more organizations will offer their employees the option of working from anywhere in the world. This will help employees to be in charge of their working environment and schedules which leads to increased motivation and productivity.

The arrangement also allows employees to get new skills easily and become competent at their jobs. The good thing is that you don’t need to present yourself physically to acquire the skills offered in training.

Feeding the increasing population by agribusiness firm

The world population has been on the rise and the trend is expected to continue for over the next few decades. However, the current methods of food production seem to lag behind. Today, AI is being incorporated into farming techniques to ensure productivity.

Deep learning has been used to monitor thousands of cows by using facial recognition to identify the needs of an individual cow with minimum human involvement. This technology will be able to accurately identify signs of disease before it has become fatal and notify the farmers for immediate action.

In the future, huge tracts of land will have many sensors which will work in conjunction with real-time imagery drones to monitor the crops. This will make it possible for farmers to predict what their plants will need even before they have planted. As a result, the process of food production will become easier and efficient.

Conclusion

As time goes, AI is becoming an integral part of a business and it is no longer a reserve for big corporations. Today, small startups have embraced the use of this technology and the future is getting brighter day by day. Although there are concerns and heated arguments about AI, the technology is getting better and better and it’s upon business owners to figure out which is the best way to take advantage of this innovation.

Famous Sports Stars Who Are Known Gamblers

Famous sports stars who are known gamblers, which is really not all that surprising. People need to be able to take chances in order to really become skilled in sports. It takes a lot of energy to build up the skills that are necessary to become a professional athlete. A lot of professional athletes will spend a lot of time trying to make themselves look as muscular and athletic as possible.

They will do this while they engage of a lot of different athletic activities that may or may not be sustainable for people in that time period over the long term. This mindset has not gone away altogether. A lot of people have found that the older ideas of gambling are continuing to have an effect on who they are. This becomes even clearer when reading the biographies of modern athletes who love to gamble.

Pete Rose is an example that a lot of people will know. There have been a lot of sports gambling scandals over the years. A surprising number of them involve Pete Rose, even today. Even though fewer people even know Pete Rose today, his reputation as a gambler lives on and continues to influence portrayals of him. This might be what he is known for historically at this point in time.

Michael Jordan is very famous today. A lot of people will still know the name of Michael Jordan, even though there have been a lot of famous basketball players since then at this point. Michael Jordan is still more famous for being a basketball player than he is for being a gambler, although he is truly both. He is one of the most famous gamblers in Hollywood, with this hobby causing him to lose shocking amounts of money right away.

At least with some of the older professional athletes, the idea of being a famous gambler makes some sense. It’s almost as if some of these stars have managed to have two careers in that way. This is not the case with the young Wayne Rooney, who was already famous for his gambling activities at the age of 25. He managed to lose a lot of money very early, demonstrating that this is the sort of thing that truly can happen to professional athletes who experience an early degree of success.

Some of these athletes might be interested in Red Flush casino games. Of course, a lot of them seem to be very traditional gamblers in a lot of ways. This might be because some of them just started all of their gambling adventures in the days when online casino gaming was still relatively uncommon. However, in other cases, it might be partly due to the fact that a lot of these people are performers who want to do a lot of risky things in public. Gambling in public in front of a crowd just makes a lot of sense to them naturally, even though they might end up losing more money than they would have intended.

Justin Verlander Net Worth

The 2017 World Series is upon us and it features the best two teams in the MLB, the Los Angeles Dodgers and the Houston Astros.  The Astros are in search of the club’s first World Series pennant, while the Dodgers haven’t won the title since 1988.  Many are familiar with the Dodgers ace, Clayton Kershaw, but the Astros have a pitcher of their own that is among the league’s elite.  That pitcher is Justin Verlander.  Verlander is a pitching veteran who spent the first part of his career with the Detroit Tigers before being traded to the Astros earlier this season.  He now is hoping to lead the Astros organization to their first ever World Series title, but to do that he has to get past the Dodgers and their home field advantage.  Despite the task at hand, Verlander’s success on the field has led to Justin Verlander net worth to be $90 million.

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Astros pitcher Justin Verlander

At 34 years of age, Justin has had an illustrious MLB career thus far.  He is a six-time all star who won the American League Rookie of the Year award in 2006.  Despite pitching on great teams in years past, Verlander is still looking to become a World Series Champion.  He helped lead the Detroit Tigers to two World Series back in 2006 and 2012, but the team came up short each time.  A World Series championship in 2017 would help to round out Verlander as one of the all time greats on the mound.

The majority of Justin Verlander net worth comes from his on the field earnings throughout his career.  He was the second overall pick in the 2004 draft out of Old Dominion.  His initial contract included a signing bonus of over $3 million, but it wasn’t until later in his career that he was able to really cash in.  After seeing the promise in their young star, the Tigers gave Verlander a five year $80 million contract before the start of the 2010 season.  While this might sound like a lot, it fails in comparison to his most recent contract he signed back in 2013.  In March of 2013, Justin signed an enormous six year contract valued at $162 million.  His total career earnings to date through the MLB total over $170 million.  As for what the future holds for Justin… More money.  He is scheduled to make nearly $80 million over the next three season as part of his contract.  This would easily bump Justin Verlander’s net worth to nine figures.

Verlander is a native of Virgina.  He is more famously known around Hollywood as the guy who is engaged to supermodel Kate Upton.  The couple got engaged back in 2016 and plans to tie the knot in the near future.  When Justin isn’t spending time with his fiancee, he commits himself to charitable work, most notably the Wins For Warriors Foundation.

Universal Personal Finance Tips You Can Start Using Today

Personal finance is a topic that is important to put thought into on a regular basis. Having savings and a good credit score will make it possible to get credit, loans and similar things when you need them. Learning more about some of the very basic personal finance tips is a great place to get started. These apply to people of all ages and you can start putting them into practice today. You should also check out Don Gayhardt’s CrunchBase for further information.

Set Financial Goals

You want to make some plans about paying off debt and saving extra money. Your goals should be reasonable and in line with the amount of money you make. When you are setting goals, make sure that you are specific concerning the dates and the amounts. This makes it easier to track them and make sure that you are making the right progress.

Create a Budget

This is one of the first things that you want to do because you have to know what you can safely spend. When you look at expert personal finance resources, such as Don Gayhardt’s CrunchBase, they will suggest that you start the budget process by determining your monthly net income. This is the amount of money that you are bringing home from your job. The next step is figuring out your expenses. Just subtract these from your net income to see what is left.

If you have little to nothing left, it is time to start making cuts to your expenses. You might also opt to find ways to earn a little more money. This will give you a larger financial cushion each month and it makes it possible to start saving.

Manage Your Debt

If you do not have an effective debt management plan in place, it is too easy to just keep accumulating debt. As it grows, it will become much harder to get out from under it. Common debts are your credit cards, your mortgage, your car payment and student loans. If your finances are tight, start with one of these and start paying it down faster.

For example, student loans are often costly and it is nice to get rid of them for good. Even if you just add an extra $100 a month to your payments, this is an extra $1,200 per year you are putting on them. This goes a long way in getting the total cost of the loan paid off in advance.

Pay Attention to Your Spending

Once a week, take a few minutes to review where your money went. This will give you a good idea about where extra spending is going. For example, you might find that you are spending too much on lunch or coffee. You can easily cut down such expenses by preparing them at home.

Simplify Your Financial Situation

Your finances do not have to be complicated. When you simplify them, it will be a lot easier to handle them. Pay off your debts, keep credit accounts to a minimum and try to pay cash whenever you can. Warren Buffet is a good example of living simply since he still lives in the $31,500 home he purchased in 1957. Imagine how much he has saved over the years by refusing to buy new homes that are considerably more expensive. This also plays into making sure that you live within your means.

Between the basics and a few expert tips, you can be on your way to better personal finances. What is important is that you do not wait and that you are honest with yourself. This will help to ensure that your finance situation is able to improve as soon as possible.

Claim Denied: How A DIY Disaster Can Impact Your Insurance

You take out insurance cover to cover against an unexpected loss and if your property is damaged in some way you might decide to make a claim to cover the cost of repairs.

The big problem is that if the damage is caused by a scenario that is not covered by your insurer or your DIY disaster means you fall foul of their rules, your claim could be denied and you will be left to pick up the bill.

Here is an overview of some of the circumstances that could cause an insurance claim to be denied, including some common mishaps that could leave you out of pocket, why you need to take building codes seriously, plus a reminder about a risk to your personal safety.

Check your coverage

Although you can’t say for sure that your insurer is going to say no to a claim for damage to your property because of a DIY faux-pas that needs putting right, the type of cover you have will definitely be an influential factor.

If you haven’t paid for full accidental damage cover there is a high chance that the insurer will take the view that you are at fault and will be unlikely to consider your request for financial assistance.

Using the right tools for the job, like these, will help improve your odds of doing the job properly in the first place but you also need to have a more comprehensive level of insurance if you want a better chance of getting your insurers help to put things right.

Staying on the right side of codes and laws

If you are carrying out certain repairs or renovations to your property, especially if you are working with electrics and plumbing, it is likely that you might need to get a permit for the work being done.

Permits and local safety laws are designed to protect the homeowner and whoever uses the property from harm by having minimum standards and requirements that need to be met when the work is carried out.

If you decide to do this type of work yourself you will not only be putting yourself and others at risk if the electrical or plumbing is not up to standard, you are also likely to be facing a hefty repair bill on your own if something subsequently goes wrong.

If your insurer discovers that an installation or repair doesn’t have a permit or hasn’t be carried out by an approved qualified contractor, they are very likely to dismiss your claim in a heartbeat.

Any home improvement project or DIY repair comes with a risk attached if you are not qualified to do the work, and another issue that is also worth pointing out is that if you don’t have the right protective gear and safety training, you could be putting yourself at risk of injury.

A DIY disaster can cause you a lot of problems and if you cut corners or don’t play by the rules, you might find that your insurer won’t offer the level of financial support you hoped for when making a claim.

2018 401(k) Contribution Limit Unveiled

Death and taxes.  The two things that most say are certain in life.  Well now at least when it comes to taxes you might be able to avoid some because of a recent decision by the Internal Revenue Service (IRS).  The IRS recently came out with the guidelines for 2018 when it comes to tax-advantaged retirement accounts.  Although none of the changes were dramatic, they made a few tweaks that will allow individuals to boost retirement savings in certain tax friendly accounts.

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The 2018 401(k) contribution limit is being pushed slightly upward to $18,500 per year.  This is a $500 increase on what it used to be.  Individuals who are 50 and over can still save an additional $6,000 meaning some can contribute as much as $24,500 into a company 401(k) plan.  While an increase in the 2018 401(k) contribution limit came about for the upcoming year, other retirement plans such as IRA’s and Roth IRA’s remain unchanged.  You are still only able to contribute $5,500 per year to both traditional or Roth IRA.

IS CONTRIBUTING TO A 401(k) A GOOD IDEA?

The short answer is absolutely!  While not all companies offer 401(k) plans for employees, a lot do.  It is highly recommend that you put in at least the minimum amount required to get the full match your company offers.  Once you have done this, see if you can contribute a little bit more and further increase your retirement savings.  At my first job, I began contributing 6% which was what I needed to do to get the entirety of my company’s match; however, I began to increase it over time.  Get a 3% raise?  Try increasing your 401(k) contribution by 2%.  This was a simple and easy method I did each time I’d receive one, and the best part was I never missed the money at all.

IS IT EVEN POSSIBLE TO CONTRIBUTE $18,500 OR $24,500 TO A 401(k)?

Yes again.  Is it hard?  Sure it can be, but is it doable?  Absolutely.  How do I know it’s possible?  Because I myself max out my retirement account for my 401(k).  I never see the money.  It’s taken directly out of my paycheck, so I never miss out on spending it.  The recent increase of the 2018 401(k) contribution limit is something that I will take advantage of.  A small percentage bump can make a lasting impact during one’s retirement.

In closing, the increase of the 2018 401(k) contribution limit won’t have much of an impact on most people.  Very few actually max out their retirement accounts.  But if you’re like myself, then you welcome the news with open arms.  While 2018 saw an increase to the 401(k) contribution limit, 2019 has a very good chance to see an increase for contribution limits to both traditional and Roth IRA’s.  Only time will tell.

Budget Smart, Invest Wise

An Alternative to Stocks – CFD’s Defined

A Contract for Difference, commonly known as CFD, is among a list of very popular ways to increase returns in the financial markets. Just as the name suggests, it’s a contract executed between two parties. These two counterparties – the broker and the client, agree to pay or receive from each other the difference between the shifts in the value of an asset. How much each pays or earns is entirely dependent on the direction the price takes and the extent it moves.

CFDs and Stocks Explained

In financial terms, CFDs are usually referred to as financial markets derivatives. When the value of something is derived from something else, it becomes a derivative. In this case, CFDs are derived from the value of another financial asset such as stocks or shares. Although there are other assets such as foreign exchange rates and interest rates, a large portion of CFDs are based on stocks.

Through a CFD, you can trade an underlying asset such as stocks without really buying it. You never own the asset. However, you’ll be making either profits or losses depending on the movement of the prices. When entering into a CFD, you’ll take a position of whether or not the stock will rise or fall within a certain amount of time. If you expect the stock to rise, you’ll create the CFD with a CFD broker, in addition to a small fee, and once your prediction turns out to be correct, you earn a profit.

For many people, a CFD can be an advantage as you never own the actual stock, which brings higher costs, yet you still benefit as the security rises in value. One of the ways stockbrokers earn money is by charging commission to investors for every buy and sell order. A CFD charges commission that’s usually within .25 to 5 percent of the security purchased. These prices are usually lower than what you would pay a broker to buy the actual stock.

Why do a CFD instead of buying stocks?

Extra leverage

When buying stocks, you’ll have to pay 100% of the total value at the time of making the purchase. But when you opt for a CFD you’ll only have to deposit with the broker enough money to cover up your potential losses. This is normally a small percentage based on the value of the asset in question. It could be as low as 2%. That actually implies less capital outlay for you as an investor yet greater potential of high returns.

The ability to trade after hours

Another benefit CFDs have is the ability to trade even after the markets have closed. There are CFD brokers that allow you to establish a contract after hours to make it more convenient. To limit losses, you would set a Stop Loss price that would automatically sell the CFD if the stock plunges the following day while at work. The implementation of proper risk management functions like this will allow you to stay on top of your account should things turn sour.

Easy trading options (Long or short)

As an investor, you can profit from a declining market by capitalizing on share price declines. Since CFD is based on the movement of prices of the underlying asset and no ownership is required, selling is pretty easy and so is buying. Initially, before CFDs came along, traditional brokers were the only ones who would help you if you short a share, and they would charge extra fees above the normal brokerage. Interestingly, for short CFD positions, a CFD broker will, in fact, pay your interest.

So to sum up, CFDs can be an interesting alternative to stocks. Looking at all these advantages, one can’t help but notice the many ways an investor can reap huge and enjoy a host of financial benefits using CFDs. Enlisting the services of a CFD broker can be more cost-effective than hiring a stockbroker.

Easiest Way to Become Landlord (From a Guy Who Knows)

Passive income is a term we hear about but might not truly understand.  What is passive income?  It’s the ability to generate a source of income where one is not directly involved.  One example can be dividends from stock and bond investments, but a more common passive income is rental income.

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Becoming a landlord and generating income might seem like a big task, but it can actually be done with a relatively simple process.  In the steps that follow, I will discuss the easiest way to become a landlord.  These steps are easy because I have done it, and it wasn’t very difficult.

Easiest Way to Become a Landlord (3 Steps)

Step 1:

The first step in becoming a landlord is to own a property, and thus purchasing one.  Right after school, I moved to a brand new city I had never lived in before.  I lived with an old friend for six months before I purchased my first home.  Whenever you begin thinking about purchasing a residence, always make sure you know the area.  For example, the home I purchased was near a local college and had many long-term residents as neighbors.  To complete this step requires a little bit of research, an understanding of the area you reside, and the ability to make the purchase.

Step 2:

Live in the place you purchase.  Many people get caught up in buying a rental property and renting it out immediately.  While this may work for some people, it can be a stressful situation.  You have to make sure the house is in livable condition, you have to market the place, then you have to meet potential tenants at the place throughout the week to show them the property.  All of this adds up and makes finding a tenant a long and complicated process.  By living in the place you purchase for say a year or two, you become comfortable with the property.  You won’t have to travel to show it to potential tenants, you can create your own date the property will become available, and you give yourself time to find another living situation while you look to create income.  I lived in my house for 18 months before I began renting it out.  The best part was that it was right at the beginning of summer which meant… No yard work! If you catch yourself needing to do some work around the house and you’re on a budget, you can get great vouchers and discounts online to save on these expenses.

Step 3:

Find a good tenant and pronounce yourself “Landlord”.  Although finding a good tenant isn’t always the easiest part, you can use your best judgement and various tools in order to ensure you are getting yourself into a good situation.  I made all of my applicants run a credit report on themselves and provide me with the results.  Bad credit can sometimes mean a bad tenant.  I also required the tenant to provide an additional month’s rent to ensure payments were never behind.

While there might be many easy ways to become a landlord, for me the easiest way to become a landlord was through the process I outlined above.  I have now been a landlord going on four years and having someone else pay my mortgage feels like quite the accomplishment.

Budget Smart, Invest Wise