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Holiday marketers have your number, and they know how to entice you to spend.You try to rein it in. But two favorite strategies can lead to spending more, according to a 2018 survey by the Center for the New Middle Class, a research organization funded by Elevate, which lends to credit-challenged borrowers. Consumers who shopped at sales were 50% more likely to say they spent more than they expected. Among shoppers who used coupons, 38.5% said they overspent.Many shoppers try to be careful instead of making a spending plan. Using a budget can feel like it’s wringing the joy out of a happy season. Why? Giving feels good, says Jeff Kreisler, co-author of “Dollars and Sense: How We Misthink Money and How to Spend Smarter.”But simply being careful doesn’t work, “because a lot of the reasons we make poor financial decisions are unconscious,” says Kreisler, who’s editor in chief of PeopleScience.com, which applies behavioral science to the marketplace.However, you can position yourself to recognize — and overcome — overspending triggers.Use the best defense: a holiday budgetAshley Feinstein Gerstley, a financial coach and founder of the Fiscal Femme website, advises setting aside time — not over an hour — to list holiday expenses. Build in a buffer, because you’ll forget some things. But you’ll be better off if you have a number in mind, she says.Be realistic, not rigid, about your budget. Otherwise, controlling expenses can seem so futile you don’t bother trying, she says. “It’s like being on a strict diet and figuring if you cheated and had a cookie, you may as well eat the whole bag.”If you worry about overspending, consider getting a prepaid gift card in that amount, Kreisler says. It can help you stay aware of what you are spending and what’s left.Having a successful holiday spending plan may also inspire you to 1855
Former Penn State football player Isaiah Humphries has filed a federal lawsuit, claiming that other members of Penn State’s football team hazed him and the coaching staff was aware of it, ESPN reported. Humphries’ suit is against Penn State head coach James Franklin and former teammate Damion Barber. Humphries claimed that other teammates, including Barber, Micah Parsons, Yetur Gross-Matos, Jesse Luketa brought on the hazing, ESPN reported. Among the allegations, ESPN reported that Humphries alleged that players “facilitated a campaign to harass and haze underclassmen” on the team. Humphries claimed that a member of the team said "I am going to Sandusky you."Jerry Sandusky was a former Penn State coach convicted of sexually abusing children while on university property. Many university officials, including former head coach Joe Paterno were fired in the wake of the Sandusky scandal.Penn State released a statement to ESPN noting that no charges were filed. "The university has established processes in place for responding to claims of potential misconduct. In accordance with our processes, the Office of Sexual Misconduct Prevention and Response and the Office of Student Conduct carried out investigations of the plaintiff's claims independent from Intercollegiate Athletics," the school said. "In addition, Penn State police investigated related allegations and forwarded the results of that investigation to the Office of the Centre County District Attorney. The DA reviewed the case and decided that no charges would be pursued."To read more of ESPN’s report, click 1597
Hundreds have been sickened with salmonella in recent weeks due to the presence of backyard poultry, the Centers for Disease Control and Prevention said on Thursday. According to CDC statistics, 227 have been sickened since May 16 by chickens and ducks being raised in backyard flocks. Overall, 279 people have reported salmonella illnesses this year from backyard poultry. The CDC says that many of those who reported an illness got their chicks or ducklings from agricultural stores, websites, and hatcheries. Nearly one-third of those sickened are younger than age 5. Of the 279 reported cases of salmonella, 40 have caused hospitalization. The CDC added that there has not been any reported fatalities. The CDC offers the following advice to the public: Always wash your hands thoroughly with soap and water right after touching poultry or anything in their environment. Use hand sanitizer if soap and water are not immediately available.Do not let backyard poultry inside the house, including in bathrooms. Be especially careful to keep them out of areas where food or drink is prepared, served, or stored, such as kitchens and outdoor patios.Set aside a pair of shoes to wear while taking care of your birds and keep those outside of your home.Children younger than 5, adults over 65, and people who have health problems or take medicines that lower the body’s ability to fight germs and sickness shouldn’t handle or touch chicks, ducklings, or other poultry.Don’t eat or drink where poultry live or roam.Don’t kiss backyard poultry, or snuggle them and then touch your face or mouth.Stay outdoors when cleaning any equipment or materials used to raise or care for poultry, such as cages, or feed or water containers.The CDC says that salmonella symptoms include diarrhea, fever, and stomach cramps. The illness typically goes away after one week without any treatment. 1888
For the 10th straight week, weekly initial claims for unemployment have totaled in the millions.On Thursday, the Department of Labor reported that 2.1 million people filed initial claims for unemployment for the week ending May 23. In the last 10 weeks, 40 million Americans have filed claims for unemployment.Thursday's report marked the eighth straight week in declining unemployment figures, but unemployment claims remain historically high. Prior to the pandemic, the record high for weekly unemployment claims came in 2006, when 665,000 people filed for unemployment. The Department of Labor has been tracking the statistics since 1967.While economists often use weekly unemployment figures to gauge how many Americans lost their jobs, surveys suggest that these figures are underestimating the true number of Americans who have lost their jobs in the pandemic. 879
Hallmark Channel told the Associated Press that actress Lori Loughlin will no longer be involved with the network after starring in more than a dozen of the network's films. On Tuesday, Loughlin was indicted by federal officials after being accused of being in a college bribery scheme. Loughlin, who was on the cast of the hit 90s sitcom "Full House," is accused of spending 0,000 in bribes to help her two daughters gain admission into USC. Loughlin's daughters allegedly gained entrance into USC as crew recruits, despite not having the credentials to participate in the sport.Loughlin posted a million bail on Wednesday after turning herself in, the LA Times reported. 690