GOOD

Finacial Fitness Task 14: Make a List of What You Need #30DaysofGOOD

What do you need? It's a seemingly simple question that is really tough to answer.


\n
Things are easier said than done, or so the old adage goes, and we couldn't agree more. That's why we do The GOOD 30-Day Challenge (#30DaysofGOOD), a monthly attempt to live better. Our challenge for January? Financial Fitness.

Separate your spending into "necessary" and "unnecessary."

Now that we have a good sense about where our money is being spent (thank you, Mint), it's time to plan for the future. Tomorrow we will be setting a budget, but before we do that, let's cut the fat.

It's helpful to make two lists—necessary and unnecessary spends. Decide how vital each expense is to your life, and include each on one of the two lists. It's easiest to start filling out your necessary list. Mine includes groceries, gas, a budget for going out for dinner and drinks, gym membership, and travel.

Habits like drunk online shopping should be filed under unnecessary. Other items that fall on my unnecessary list are manicures, new technology, clothes, and kitchen appliances (I have a problem).

Stay tuned! Tomorrow we will allocate how much we want to spend on our necessary items.

Propose an idea here for a project or workshop that promotes financial fitness in your community. The top-voted idea will win $500 to implement the project.

Photo via (cc) Flickr user x.Jason.Rogersx

Articles
via David Leavitt / Twitter

Anyone who has ever worked in retail knows that the worst thing about the job, right after the pay, are the unreasonable cheapskates who "want to talk to your manager" to get some money off an item.

They think that throwing a tantrum will save them a few bucks and don't care if they completely embarrass themselves in the process. Sometimes that involves belittling the poor employee who's just trying to get through their day with an ounce of dignity.

Twitter is rallying around a gal named Tori who works at a Target in Massachusetts after she was tweet-shamed by irate chapekate, journalist, and Twitter troll, David Leavitt.

Keep Reading
Business

Childbirth is the number one reason American women visit the hospital, and it ain't cheap. In fact, it's getting more and more expensive. A new study published in Health Affairs found that the cost of having a baby with employer-sponsored health insurance increased by almost 50% in the past seven years.

The study evaluated "trends in cost-sharing for maternity care for women with employer-based health insurance plans, before and after the Affordable Care Act," which was signed into law in 2010. The study looked at over 657,061 women enrolled in large employer-sponsored health insurance plans who delivered babies between 2008 and 2015, as these plans tend to cover more than plans purchased by small businesses or individuals.

Keep Reading
Health

A meteorite crashed into Earth nearly 800,000 years ago. The meteor was 1.2 miles wide, and the impact was so big, it covered 10% of the planet with debris. However, scientists haven't been able to find the impact site for over a century. That is, until now. A study published in the Proceedings of the National Academy of Sciences journal believes the crash site has been located.

Tektites, which are essentially rocks that have been liquefied from the heat of the impact and then cooled to form glass, help scientists spot the original impact site of a meteor. Upon impact, melted material is thrown into the atmosphere, then falls back to the ground. Even if the original crater has disappeared due to erosion or is hidden by a shift in tectonic plates, tektites give the spot away. Tektites between 750,000 to 35.5 million years old have been found in every continent except Antarctica.

Keep Reading
The Planet