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Job Search Expenses – How Much to Spend on Travel, Attire, Education & More

I spent my first summer after college rigorously searching for a full-time job. Having graduated with a fair amount of student loan debt, I knew I needed to find work right away. That, plus the numerous costs associated with the job search process were going to eat into my savings quickly. I had to build a solid job resume, stock a business wardrobe, and support myself through unemployment until I landed that coveted first job.

Whether you got laid off from a previous position or are embarking on your first post-college job search, those costs can put a tremendous financial strain on you. Fortunately, there are several steps you can take to reduce those expenses along the way.

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Should We Get Rid of the Penny? – 8 Reasons to Keep It vs Eliminate It

According to an old superstition, it’s good luck to find a penny on the sidewalk. But whether or not you believe picking up that penny will bring you luck, one thing it definitely won’t bring you is wealth. Pennies are worth so little now that by taking five seconds to pick one up, you’re earning just $7.20 an hour – less than the federal minimum wage.

Pennies are so close to worthless that many people argue it’s time to do away with them altogether. A nonpartisan organization called Citizens to Retire the U.S. Penny has attracted the support of economists from Harvard and Wake Forest University. Representative Jim Kolbe of Arizona has twice introduced bills in Congress to eliminate the penny, and in February 2014, President Barack Obama argued during a YouTube chat that pennies were obsolete and a symbol of U.S. government waste.

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Is a Warehouse Store (Costco, Sam’s Club, BJ’s) Membership Worth It? – Costs, Pros & Cons

warehouse club, photo by Alastair WallaceSmart-shopping blogs and magazines are teeming with stories about the great deals you can get on nearly everything – groceries, tires, vacations – at warehouse stores. Some financial writers even claim there’s simply no excuse for not belonging to a warehouse club if you live within driving distance to one. But there’s one obvious snag: Before you can fill up your cart with these bargains, you have to pay an annual fee of around $50 just to get in the door.

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