Author: Jenny Smedra

7 Perfect Jobs If You Love to Read

7 Perfect Jobs If You Love to Read

Reading has always been one of my favorite pastimes. It has also been one of the most important skills that have helped me advance my education and career. However, if you are looking to turn this passion into profit, here are 7 jobs for those who love to read.

7 Perfect Jobs for Those Who Love to Read

1. Library or Bookstore Staff

When I was a kid, it was my dream to live in the library. Sadly, I had to settle for volunteering during summer vacation. Although it was a chore for some, it was heaven for me. Not only did I have unlimited access to all the books in the city, but I also got the first chance to borrow the latest ones as soon as they hit the shelves.

While many pursue a degree in library and information science, it is still possible to find other jobs that revolve around books. If you want to work in the library, they hire assistants to help guests, restock shelves, create promotional material for events, and lead story hours for children. The other alternative would be to look for vacancies at local bookstores. Although it can provide employment opportunities and access to books, you’ll have to be careful not to spend your entire paycheck.

2. Audiobook Narrator

Becoming an audiobook narrator is another idea for those who love reading. Audiobooks have increased in popularity in the last decade because they allow us to multitask. People can easily enjoy their favorite books while they do chores, run errands, exercise, or go about other daily activities.

But, did you know that they pay people to narrate? Although some famous personalities have made a name for themselves, they also hire regular people with excellent narration skills. You could have the opportunity to work with new authors by recording chapters or entire audiobooks. Just keep in mind that you will need quality recording equipment to get the most lucrative contracts.

3. Book Reviewer

If you already love reading, you could work as a book reviewer to share your insights and opinions with others. Those who are interested in this position can find jobs through freelance websites, online magazines, and other publishers in the industry.

And if you can’t land an official contract, you could create your own site for book reviews. This option offers more control over the content and subject matter as well. You could keep it purely for reviews, or make it a regular newsletter that focuses on new releases, best sellers, or specific genres.

If you decide to host your own blog or podcast, you could build a large following by sharing your opinions, scheduling interviews with authors, and promoting new books. However, your greatest chance of financial success is through advertising and paid subscribers. Social media presents many new opportunities. And, you never know…hosting your own site could open the door for other partnerships and sponsorships.

4. Proofreader

Once the author finishes writing, books must then go through edits, fact-checking, and proofreading. There are thousands of manuscripts submitted every day. So if you have a strong grasp of the grammar rules of the English language and an eye for detail, proofreading is one of the best jobs for people who love to read.

You could earn a decent living helping people perfect their work. This includes looking for grammatical, typographical, punctuation, formatting, and other errors as you read. Some publishers and authors will also pay extra to have it converted to e-book formatting as well.

If you’re looking for these jobs, you can start by contacting publishing houses, posting your services through freelance marketplaces, or advertising directly to the writers. Not only can you make it a full-time career, but you also get to sneak peek at material even before it’s available to the general public.

5. Tutor

For those who want to share their passion for reading, tutoring offers many benefits.  In addition to helping others improve their comprehension, you also help students develop their analytical skills and gain a real appreciation for the written word. And since it is such a fundamental skill, you can choose subjects that interest you and have more say about who you work with.

Reading is a crucial component of a good education.  Therefore, there are many ways to find tutoring positions. Many people will post in the online forums. But, you can also search for tutoring agencies that find students for you. And course, there’s always the old-fashioned way of asking around for references. For those committed to continuing their learning while helping others, tutoring jobs are a great way to bring in extra income.

6. Book Club Moderator

I’ve been a member of many book clubs over the years. They were usually informal meetings, which meant attendance and participation were inconsistent. But after doing some research, I’ve learned that there are more serious book clubs and jobs if you love to read. These clubs are a fun and interactive way to find other bibliophiles. And, members have more incentive to attend discussions since they are paying for it.

If you can find a job as a paid moderator, you would be responsible for researching new books, keeping notes, writing discussion questions, and leading in-person or online discussions. Your main priority is to ensure that there are always interesting topics and insights to discuss. Plus, you may be able to sell the content as course material when you are done.

7. Writer

Many avid readers dream of becoming an author someday. You probably already know dozens of people with pet projects and half-finished manuscripts. But thanks to the internet, it has become much easier to get published.

There are always opportunities for talented writers to turn their ideas into publishing deals. However, if it was easy, then everyone would be doing it. Therefore, you need to know the market you’re getting into, research the industry, and practice your craft every day to keep your skills sharp.

Most authors will tell you that the most important thing is to find your voice, then find your niche. Don’t be afraid to ask others to read your work and help you determine what can make you a stand-out author. Although it may not have been the career path you set out on, it could help you make a living by doing what you love.

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Should Couples Keep Separate Bank Accounts?

Should Couples Keep Separate Bank Accounts?

Managing your finances is one of the most important decisions you will make as a couple. The traditional view is that couples should join their assets. Combining your resources is a concrete way to show that you are joining your lives together. However, there has been more room for discussion recently. As women become more financially independent and people marry later in life, this may not be the best decision. If you are in a serious relationship, you should discuss with your partner if it is better for couples to keep separate bank accounts.

The Reasons for Separate Bank Accounts

When confronted with this question, I was very uncomfortable with the idea of opening a joint bank account. Having my own accounts gave me autonomy since I had full control of my finances. Furthermore, I was not responsible for paying down my partner’s debts or support payments. I did not like anyone else having access to my funds without permission. Separate accounts also mean that no one can track or question your expenditures.

Some have told me this is a very cynical outlook. On the contrary, I feel it is a way to protect yourself and your assets. Statistics show that nearly half of marriages fail. Often times, finances are a huge contributing factor to marital problems. In my experience, there were fewer arguments about money. At the end of the day, couples who keep separate bank accounts will have more security yet less paperwork and bitter fighting over assets if they split up.

The Reasons for Joint Bank Accounts

Over time, I came to understand that pooling your resources builds trust with your partner. Not only do you have a shared goal for your future, there is less suspicion when you have transparency. In addition, it provides a clearer picture of your financial situation. With a joint account, there are few opportunities for surprises such as hidden accounts or debts.

There are also practical reasons for opening a joint account with your partner. In case of an emergency, it removes obstacles if your spouse needs to access the money. If you are unavailable or unable to allow access, it could create unnecessary headaches and frustration. Joint accounts also streamline the process of transferring funds to your partner after death. There is a significant amount of red tape if you maintain separate accounts.

The Right Decision for You

In the end, only you and your partner know what is best for your situation. In my case, I chose to retain my private accounts while opening one joint account to pay bills. I still had full control over my own finances. However, we also shared responsibility for our monthly expenses. The sense of equal partnership and accountability created shared goals without giving up my financial independence. It also created balance since one partner did not need to ask for an allowance or permission to spend money.

I also feel that having our own spending cash prevented a lot of conflict. As long as our bills were paid, we were free to use our personal funds any way we saw fit. I was able to splurge occasionally without someone watching my every move. It allowed breathing room in the relationship and eliminated anxiety.  Money matters can be difficult to navigate as you intertwine you life with someone else. The only way to determine what is best for you is through open communication. Carefully consider all the pros and cons before you make a decision that will affect the course of your financial future.

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20 Things You Should Never Buy Even If You Have the Money

20 Things You Should Never Buy Even If You Have Money

You can learn a lot about people by their spending habits. What they spend their money on will tell a lot. However, sometimes it’s more revealing what people won’t spend their money on. Based on thousands of answers across the internet, here are 20 things most people say you should never buy, even if you have money.

20 Things You Should Never Buy Even If You Have the Money

1. Designer Baby Clothes

Items with designer labels can cost hundreds of dollars. Therefore, buying designer baby clothes doesn’t make much sense since they will outgrow them in a few months. Some may argue that it is worth investing in quality clothing. But if you can only use the item for a few months, then you are wasting your money.

2. High-Fashion Couture

Although I do own some name-brand clothing, high-fashion couture is an entirely different animal. Not only is it expensive, but it’s often uncomfortable, impractical, and overpriced. You can still find trendy, high-quality items for a fraction of the cost. Finding well-made items that you can wear again and again are better for your wallet and long-term savings plan.

3. Diamonds

They say diamonds are a girl’s best friend. But these days, I would prefer to find cheaper, ethically sourced alternatives that are much more affordable. Not only are they just as beautiful, but most people can’t tell the difference without closer inspection. Save yourself the money and put it to use somewhere else in your budget.

4. Oversized Mansions

Many people have the hope of owning a nice home. But, there is a difference between a large home and an oversized mansion. Who needs 20 bedrooms or a 24-car garage? And, can you imagine how much it would cost to maintain a residence that big? Most of us would prefer something that is more liveable and less of a budgetary strain.

5. High-end Sports Cars

For some people, a high-end sports car is the ultimate sign of success. However, you could spend a million dollars for a new Ferrari or Lamborgini just to have it depreciate as soon as you drive it off the lot. Market research shows that these cars lose 10% of their value in the first month and 20% in the first year. Furthermore, they are expensive to maintain and repair. While some may be planning to buy their dream car, there are more practical and financially beneficial ways you could enjoy this kind of money.

6. Yachts

Yachts and mega-yachts are another status symbol of the ultra-rich. Unless you are living on one, they are usually another wasteful expenditure that rarely gets used. Like luxury sports cars, they are costly to maintain and serve no practical purpose.

7. Edible Gold

You may have heard of this fad because it’s so hard to believe. But sometimes fact is stranger than fiction. Indeed, some restaurants feature dishes made with edible gold. But at $15,000 a pound, it hardly seems worth the price. No matter how delectable the dish is, no food is worth its weight in gold.

8. Exotic Pets

You will see many of the rich and famous with exotic pets. Unfortunately, these animals are often the result of poaching or have come from facilities that don’t properly care for their animals. Some only breed them for profit while others are guilty of mistreating the animals in their care. Therefore, exotic pets are among the things you should never buy since your money could be supporting their illegal and inhumane activities.

9. Lavish Weddings

Your wedding is one of the most important days of your life. However, the days of going overboard may be over. A lavish wedding is a huge and unnecessary expense, especially when a couple is just starting their life together. Instead of starting in debt, the money could be better spent on a down payment for a house or other assets that could make them more financially stable.

10. Overpriced Alcohol

Some people invest in fine wine or expensive alcohol. Certain bottles can bring good returns in time. However, most alcohol over $60 has diminishing returns. So if you’re buying for personal consumption, why not pay less for something that tastes just as good?

11. Timeshares

A timeshare may be perfect for family getaways. But, what do you do when you can’t use it during your specified time? And how long will it take to find a buyer when the time comes? Most owners would tell you to skip the headache because timeshares are one of those things you should never buy. It may be wiser to opt for a hotel or vacation rental instead.

12. Extended Warranties

Purchasing an extended warranty may seem smart in theory. However, they usually come with a high price tag and won’t always cover everything that could go wrong. Since most of us will never use them anyway, you may as well skip the extended warranty and bypass another cost that rarely offers any return.

13. DVDs

Be honest…when was the last time you watched a DVD? Although many of us used to have them, nowadays most people watch movies through their streaming services. And even if you can’t find what you’re looking for, you can purchase one-time rentals to stream.  It may be worthwhile to keep your favorites, but giving up DVDs could save you money and storage space.

14. New Tech on the Release Date

Many loyal customers line up to be the first to have the latest tech. But in reality, the new releases are usually overpriced and under-tested technology. And, it will probably be upgraded and available at a reduced price within a year. So, it may be a better financial move to wait for the improved features or buy older tech on the new release dates.

15. Greeting Cards

With graduation and wedding season coming up, it’s time to stock up on greeting cards. But, I’m always taken aback when I get to the register and find out they are $5 each. To save money, I either buy them in bulk or look for deals at the dollar store. And better yet, making them yourself or sending an e-card is free. So, why waste money on things you should never buy when there are cheaper and more personal options available?

16. Premium Gas

Gearheads and mechanics may disagree, but you don’t need to spend more for premium gas. Your car manual may recommend premium gas. But, the average car will still run efficiently on regular gas without damaging the engine.

17. Bottled Water

Some of my friends and family members buy bottled water for convenience. I’ve also had others tell me that bottled mineral water is better for your health. However, studies show that 64% of bottled water is just regular tap water. Using a filter or reusable bottle is not only cheaper, but also better for the environment.

18. Name-brand Pharmaceuticals

Unfortunately, this may not be an option for some medications. But when there are alternatives, name-brand pharmaceuticals are one of the things you should never buy. This can save you a ton of money if you have regular prescriptions to fill. However, you will likely find the best deals with over-the-counter medicines. If you aren’t sure, you can always ask your pharmacist to guarantee you are buying the equivalent product.

19. Specialized Kitchen Gadgets

If you spend a lot of time in the kitchen, you should invest in a quality set of knives and cookware. You may even have some handy gadgets that make food prep easier. But items from the houseware catalogs and specialty stores aren’t worth your money. Unless it is something you will use regularly, these gadgets are another expense you don’t need.

20. Cardboard Boxes

People used to pay for cardboard boxes when they needed to ship something or move. But thanks to Amazon, most of us now have an overabundance of boxes. Instead of spending your money when you need more, track down free boxes from local supermarkets, recycling centers, or other stores in your area.

What do you think are things that you should never buy even if you have money? Share your thoughts below!

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