There are times when you are willing to spend money in order to do something fun with your family or with friends. There are different experiences that you can pay for that are worth every cent that you spend on them and that will help you create memories that you will hold onto forever.
Attending Live Shows and Concerts Gets You Excited
You might be surprised at the price that you have to pay to see your favorite artist perform, but it can be worth it to spend money on live shows and concerts. When you pay for casino events like live shows and concerts, you experience something that is magical and special. Perhaps it’s a band you loved in high school or a comedian who’s made you laugh for years. No matter the type of performance, you’ll remember the show that you attend for a long time after it is over.
Trying Something New Such as Skiing Helps You Know How Capable You Are
If you have always dreamed of staying in a mountain cabin and spending time skiing, you may want to do that now. When you try something that you have never done before, you find out just how capable you really area. It can be worth spending money on an experience that will push you out of your comfort zone a little and gets you to try something new.
Taking a Road Trip Helps You See How Others are Living
It is important for you to know that not everyone is living the same type of life that you are living, and spending money on an experience that takes you away from your home can help with that. When you take a road trip, you get a close look at the way that people are living all across the country and you can identify with those who live far away from you.
Visiting a Theme Park Helps You Feel Like a Child Again
It can be worth spending money on experiences if the experience is going to help you feel like a child again. If you would like to experience a little magic in your life, you might choose to pay for a trip to a theme park. You will create memories while spending time at the theme park that you will hold onto forever.
Backpacking Teaches You to be Tough
There are certain experiences that you should pay for because they can help you to become a better person. Taking a backpacking trip is one of those. When you head out with just the possessions that you can carry, you learn to live differently than you do as you go about your normal life. You learn to endure when you are on a backpacking trip, and the lessons that you learn on such a trip can help you as you go about your daily life.
It is important for you to know which experiences are going to be worth your money. You need to find experiences that get you excited and that will help you do things that you do not do on a daily basis.
If you were guaranteed a job, what city would top your list for places to settle down? When choosing a place to live, affordability tops the list for Americans. Let’s take a look at what you’ll need to do to upgrade to your dream home, in addition to the top five places, according to U.S. News & World Report, to settle down and call home.
Perhaps you’re looking for a change in scenery, a fresh start somewhere new, or you’ve outgrown your current home. Whatever the case may be, you know that a new home is on the horizon. So, before we get to the top places to live in the United States, let’s take a look at what all home buyers need to know when upgrading from starter homes.
Determine your budget
For a large percentage of Americans, money is an object when considering upgrading to a larger home, which is why affordability and quality of living go hand-in-hand when choosing a place to live. Jot down your current needs in a home and then begin drafting a budget.
When budgeting for a new home, it’s helpful to know the fair market value of your current home so that you have an idea of how much you will be rolling into your new home. Will you make a profit from the sale of your home, or will you need to spend more time saving for a down payment? For the most accurate figure, work with a local real estate agent who can pull comparable properties in your area and give you a number.
Check your credit
It’s good to know where your credit stands if you’re planning on financing your new home purchase, as it will affect mortgage eligibility and interest rates. Run a credit report and take care of any issues you may have. The goal here is to make sure your credit score is as high as possible, so if it’s already there, keep doing what you’re doing.
If there’s room for improvement, work on paying down some existing debt or continuing to make revolving payments on credit cards, car loans, or your mortgage to build your score. It may take some time to build a rock-solid credit score, but the wait will be worth it when you finance your dream home with a low-interest rate!
Make a list of must-haves
You’re upgrading to your dream home, which means you likely have a vision in mind. Begin with locations. If you’re planning on staying in your area, what are your preferred neighborhoods? If you have children, in which school district do you want to reside?
Once you have a location down, you can begin making a list of physical attributes for your dream home and property, such as a large yard or a wraparound porch. Having your vision down on paper will help your real estate agent find you the home of your dreams and give you an idea of where you will be with your budget.
Where to settle down
When it comes to ideal places to live, every survey has a different metric for determination. Financial comfortability and affordability were the driving forces between U.S. News & World Report’s, “The 25 Best Affordable Places to Live in the U.S. in 2019.” U.S. News & World Report devised their list by weighing the percentage of income spent on living expenses. Thus, those cities with the lowest percentages spent on living expenses topped the list. Without further adieu, here are the top five affordable places to live, in ascending order:
Pittsburgh, Pennsylvania (21.5 percent of income spent on living expenses)
Fayetteville, Arkansas (20.44 percent of income spent on living expenses)
Des Moines, Iowa (20.11 percent of income spent on living expenses)
Fort Wayne, Indiana (19.57 percent of income spent on living expenses)
Huntsville, Alabama (19.3 percent of income spent on living expenses)
You can literally find dozens of top 10 lists ranking the world’s richest people, but this one is slightly different. Rather than focusing solely on the age or net worth of these powerful people, this top 10 list also highlights the young partnerships and family legacies of 2020’s youngest billionaires.
Meet the Youngest Billionaires of 2020
10. Lukas Walton
Age: 34
Net Worth: $17.7 Billion
Source: Walmart, First Solar, and Arvest Bank
Lukas Walton rounds out this top 10 list of youngest billionaires. Grandson to Sam Walton and heir to the Walmart fortune, he inherited one-third of his father’s estate after his tragic death in 2005. Today he keeps a low profile and prefers to be a silent investor. He is a renown philanthropist, donating nearly $150 million to his family’s foundation and environmental programs.
9. Said Gutserviev
Age: 31
Net Worth: $1.3 Billion
Source: FortreInvest JSC, SAFMAR, and Cryptocurrency
This Russian entrepreneur is one of the world’s youngest billionaires because of family holdings and smart investment. After studying and working in London, Gutserviev gained stakes in the oil, coal, financial and retail companies controlled by SAFMAR. He then took the position of CEO of ForteInvest, an oil refinery owned by his father’s investment group. In 2019, he was an early investor in currency.com, the cryptocurrency exchange based in Belarus.
8. Jonathan and Geoffrey Kwok
Age: 31 and 35
Net Worth: $2.2 Billion and $2.7 Billion
Source: Empire Group Holdings
These brothers are the sons of the late Hong Kong real estate mogul and former chairman of Sun Hung Kai Properties, Walter Kwok. After their father’s death in 2018, Jonathan and Geoffrey inherited his stakes in SHKP and control of Empire Group Holdings.
Both Kwok brothers were named beneficiaries of large family trusts. Geoffrey also took a position on the board of SHKP and manages hotel and apartment holdings across China and Hong Kong.
7. Anna and Andre Kasprzak
Age: 30 and 34
Net Worth: $1 Billion Each
Source: ECCO
Along with their mother Hanni, these siblings share ownership of ECCO, the Danish shoe manufacturer. Founded by their grandfather in 1963, ECCO merchandise is now sold in more than 2,200 online stores and 90 countries.
Anna is also an Olympic equestrian rider and competed in the 2016 games in Brazil. She placed 14th in dressage and now runs a private stable in Denmark.
6. Ludwig Theodore Braun and Eva Maria Braun-Luedicke
Age: 30 and 33
Net Worth: $1 Billion and $1.2 Billion
Source: B. Braun Melsungen
These German cousins make this year’s list of youngest billionaires due to their ownership in the family corporation, B. Braun Melsungen. Ludwig Theodor Braun owns 10% while his cousin Eva-Maria Braun Luedicke controls 12%. The medical device company began in 1839 selling herbal remedies. It now employs over 60,000 people worldwide and manufactures a wide range of medical instruments and products.
5. John and Patrick Collison
Age: 29 and 31
Net Worth: $2.1 Billion Each
Source: Stripe
Originally from Limerick, Ireland, these brothers attended university in Boston. While studying at MIT, they came up with the idea for Stripe, a company which allows people and businesses to accept online payments. Stripe attracted big name investors like Peter Theil and Elon Musk, and is currently valued at more than $20 billion dollars.
4. Evan Spiegel and Bobby Murphy
Age: 29 and 31
Net Worth: $4 Billion Each
Source: Snapchat
These young, self-made billionaires were fraternity brothers at Stanford University and co-founded Snap Chat Inc. Their social media app is used by 203 million people every day to send pictures and videos which quickly disappear.
Both young men have been very generous with their wealth, donating over $65 million in stock shares with promises of more in the future. In addition, Murphy also has invested millions of dollars in oceanfront real estate near Pacific Palisades and Venice Beach, California.
3. Gustav Magnar Witzoe
Age: 26
Net Worth: $2.9 Billion
Source: Salmar ASA
This young billionaire makes the top 10 list thanks to his shares in Salmar ASA. Founded by his father in 1991, the company is now one of the world’s largest salmon producers. In an attempt to make a name for himself, the younger Gustav Witzoe also has holdings in tech startups and real estate.
2. Alexandra and Katharina Andreson
Ages: 23 and 24
Net Worth: $1.3 Billion Each
Source: Ferd
These Norwegian sisters shot to the top of the world’s list of youngest billionaires. In 2007, they each received 42% of Ferd, their father’s investment company. Johan Andresen retains controlling votes in the company; however, Alexandra and Katharina are now at the helm of its future. Ferd boasts a diverse portfolio as an active investor in private equity, the Nordic stock exchange, and various hedge funds.
1. Kylie Jenner
Age: 22
Net Worth: $1 Billion
Source: Kylie Cosmetics
Whether you love them or hate them, the Kardashian Empire is a force to be reckoned with. Kylie Jenner is 2020’s youngest billionaire in the world. A social media sensation and a self-made billionaire, Kylie turned her brand into a household name. Kylie Cosmetics brings in hundreds of millions each year, ensuring that Kylie Jenner will continue to top future lists of the world’s youngest billionaires.
Jenny Smedra is an avid world traveler, ESL teacher, former archaeologist, and freelance writer. Choosing a life abroad had strengthened her commitment to finding ways to bring people together across language and cultural barriers. While most of her time is dedicated to either working with children, she also enjoys good friends, good food, and new adventures.
