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Yahoo
5 hours ago
- Business
- Yahoo
10 Worst Cities for Renters Who Need Child Care
Rent prices in the U.S. have been going up since the COVID-19 pandemic started in 2020. Low inventory is the chief factor driving high rents, and with interest rates still steep, fewer people can afford to buy. The cost of child care has also been going up in the U.S. Limited supply and overwhelming demand plays a similar role here. But what choice do we have? Working parents need to maintain an income. And even if you have the luxury of working from home, the 'working' part doesn't go away. Child care, however much of a privilege it's become, is a need. Learn More: Read Next: Combine rising rents with rising costs for child care and you get, quite possibly, a financial nightmare. And it's worse in some major cities than in others. A recent analysis by Redfin looked at the combined monthly cost of rent and child care to find the 10 cities that are the most unaffordable for middle-class parents. All data cited is from Redfin, while U.S. Census Bureau data was used to source the median household incomes. Median monthly household income: $11,787 Average monthly child care + rent costs: $4,692 ($1,997 for child care + $2,695 for rent) Share of income spent on child care + rent: 34.5% Find Out: Median monthly household income: $6,419 Average monthly child care + rent costs: $2,393 ($918 for child care + $1,475 for rent) Share of income spent on child care + rent: 38.3% Median monthly household income: $5,941 Average monthly child care + rent costs: $2,658 ($865 for child care + $1,793 for rent) Share of income spent on child care + rent: 40.6% Median monthly household income: $8,077 Average monthly child care + rent costs: $4,396 ($1,609 for child care + $2,787 for rent) Share of income spent on child care + rent: 42.1% Median monthly household income: $8,693 Average monthly child care + rent costs: $3,995 ($1,318 for child care + $2,677 for rent) Share of income spent on child care + rent: 42.6% Median monthly household income: $7,473 Average monthly child care + rent costs: $3,516 ($1,183 for child care + $2,333 for rent) Share of income spent on child care + rent: 44.5% Median monthly household income: $5,058 Average monthly child care + rent costs: $2,846 ($961 for child care + $1,855 for rent) Share of income spent on child care + rent: 45.6% Median monthly household income: $7,313 Average monthly child care + rent costs: $3,892 ($1,145 for child care + $2,747 for rent) Share of income spent on child care + rent: 48.4% Median monthly household income: $6,643 Average monthly child care + rent costs: $4,051 ($1,208 for child care + $2,843 for rent) Share of income spent on child care + rent: 49.2% Median monthly household income: $4,949 Average monthly child care + rent costs: $3,179 ($764 for child care + $2,415 for rent) Share of income spent on child care + rent: 50.5% More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on 10 Worst Cities for Renters Who Need Child Care Sign in to access your portfolio
Yahoo
6 hours ago
- Business
- Yahoo
10 Most Livable Cities for Wealthy Retirees in the Northeast
Wealthy adults dreaming of enjoying all four seasons during retirement will be pleased to hear about the 10 Northeastern cities that have an excellent quality of life. View More: That's Interesting: GOBankingRates referred to a recent Livability ranking of the top 100 places to live in the United States. Ten Northeast cities were pulled from the list of 15 cities to rank in that region. Each city has a high livability score and a median home value of $350,000 to appeal to rich retirees. See the full list of the 10 most livable Northeastern cities. LivScore: 828 Population: 105,687 Median home value: $495,708 Explore More: Discover Next: LivScore: 771 Population: 87,628 Median home value: $438,054 Be Aware: LivScore: 770 Population: 456,053 Median home value: $376,063 LivScore: 730 Population: 91,134 Median home value: $396,310 LivScore: 704 Population: 86,179 Median home value: $399,885 Learn More: LivScore: 690 Population: 85,851 Median home value: $392,848 LivScore: 680 Population: 230,416 Median home value: $354,664 LivScore: 669 Population: 118,234 Median home value: $371,951 For You: LivScore: 661 Population: 101,089 Median home value: $473,051 LivScore: 656 Population: 208,439 Median home value: $350,645 More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? 10 Genius Things Warren Buffett Says To Do With Your Money This article originally appeared on 10 Most Livable Cities for Wealthy Retirees in the Northeast
Yahoo
7 hours ago
- Automotive
- Yahoo
10 Car Brands That Should Be Affected the Least by Trump's Tariffs
Since even American-made cars contain foreign-made parts, all vehicle prices are expected to be impacted by the tariffs enacted by President Donald Trump. A new analysis conducted by Jerry found that auto tariffs could add an average estimated 13.7% — or $5,009 — to the price of nonluxury vehicles. Find Out: Read Next: However, some brands could be more impacted than others — and it's not necessarily foreign cars that might see the largest price increases. 'Rather than favoring domestic brands, the new tariff policy favors localizers,' the Jerry report states. 'This means the Toyota Corolla gets roughly the same treatment as domestic brands, because it is primarily assembled in the U.S. Even so, imported components leave a residual charge on every vehicle, driving prices up for consumers.' According to Jerry, these car brands could be impacted by tariffs the least. Average tariff rate: 0% Be Aware: Average tariff rate: 0% Average tariff rate: 1% Average tariff rate: 3% Average tariff rate: 5% Average tariff rate: 6% Average tariff rate: 7% Average tariff rate: 10% Average tariff rate: 11% Average tariff rate: 12% More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck This article originally appeared on 10 Car Brands That Should Be Affected the Least by Trump's Tariffs Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 hours ago
- Business
- Yahoo
10 Most Livable Cities for Wealthy Retirees in the Northeast
Wealthy adults dreaming of enjoying all four seasons during retirement will be pleased to hear about the 10 Northeastern cities that have an excellent quality of life. View More: That's Interesting: GOBankingRates referred to a recent Livability ranking of the top 100 places to live in the United States. Ten Northeast cities were pulled from the list of 15 cities to rank in that region. Each city has a high livability score and a median home value of $350,000 to appeal to rich retirees. See the full list of the 10 most livable Northeastern cities. LivScore: 828 Population: 105,687 Median home value: $495,708 Explore More: Discover Next: LivScore: 771 Population: 87,628 Median home value: $438,054 Be Aware: LivScore: 770 Population: 456,053 Median home value: $376,063 LivScore: 730 Population: 91,134 Median home value: $396,310 LivScore: 704 Population: 86,179 Median home value: $399,885 Learn More: LivScore: 690 Population: 85,851 Median home value: $392,848 LivScore: 680 Population: 230,416 Median home value: $354,664 LivScore: 669 Population: 118,234 Median home value: $371,951 For You: LivScore: 661 Population: 101,089 Median home value: $473,051 LivScore: 656 Population: 208,439 Median home value: $350,645 More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on 10 Most Livable Cities for Wealthy Retirees in the Northeast
Yahoo
a day ago
- Business
- Yahoo
‘Timing Is Everything': 6 Lessons To Take From Barbara Corcoran
Barbara Corocoran was not always wealthy. In fact, as she revealed in a Youtube video, she did not become a millionaire until the age of 46. It took Corcoran years to turn $1,000 into a $66 million empire, which is the most she has made due to her selling business, the Corcoran group. For You: Read Next: For Corcoran, it all came down to timing, as well as a few other factors that turned her into a millionaire. Here are top lessons from Corcoran that you can use not just in business, but in everyday scenarios, interactions and relationships. As an up and coming real estate agent, Corocoran knew when to keep her mouth shut and listen to what her clients were saying, as well as what they were not saying. If you are in business, you have to read between the lines of what buyers say they want to find out what they really desire. Discover Next: Cororan recalled that at one point in her career, she almost sold the Corcoran Group for $2 million instead of $66 million. She turned down the offer, waited two years for a price that suited her liking, then made the historic deal that crowned her one of the biggest entrepreneurs in New York City, noting that 'timing is everything.' There's smart business investments to put your money behind, however, Corcoran viewed investing in people as a better strategy to expand wealth. If you can trust people to make money with you, then you have friends and business partners who only lift you and your portfolio up higher. When it comes to entrepreneurs that Corcoran wants to financially back, she pointed out that what usually seals the deal is the person's ability to get knocked down, then get back up. This could be a trait that one learns over time, though Corcoran's gut tells her when someone with a vision is born with a thick skin. Corcoran pointed out that over the course of her career, she has lost money, but that does not keep her up at night. It all comes down to when you have money and what you do with it, which Corcoran recommends living life to fullest if you are not investing toward your financial future. In business and in life, it's important to always bet on yourself, Corcoran said. To her, this meant standing up and proving herself even when huge figures in business doubted her ability to deliver a sale or make a name for herself. 'You have to stand up for yourself,' Corcoran explained. 'The minute you have doubt, you should use it for motivation and push ahead.' More From GOBankingRates 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on 'Timing Is Everything': 6 Lessons To Take From Barbara Corcoran Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
