The following was written by Joey Gomez, a contributing writer for The Collective Report, Truthout.org, and other sites. He can be reached on Twitter at @homerjoey.
After getting backlash from both Democrats and Republicans to Obama’s 529 tax plan that would tax college savings — a luxury that’s attributed to the wealthier class — Obama has decided to scrap the plan that would help the lower and middle-income students pay for college.
It’s been recently reported that the 529 tax plan on college savings would have an impact not only on the wealthy, but also the middle and lower classes, seeing as there is a small percentage of people with middle-lower income that use the college savings. But to drop a policy altogether and abandon opportunities that could initially lessen the burden of paying for college is disappointing.
Confidence is great for many a thing. Like when you’re working up the nerve to ask the cute person at the bar to dance, or when you’re about to give a speech to a room of your peers. But overconfidence is best avoided, especially when mixed with ignorance (I’m looking at you, Achilles, and your weak heel). Overconfidence when it comes to your finances? REALLY not good.
LearnVest, a financial planning service, conducted a survey with questions related to how a person’s confidence about their finances affects their saving/spending behavior. In answers from 100,000 users, they found a huge discrepancy in the level of financial confidence between the different age brackets.
The following was written by our own Ben Zoon, a talented Bookbyte employee and avid reader.
The average American spends 13 hours a week playing video games. What great things might we achieve if all that collective time was directed toward something productive? But before we discount the value of video games, we must ask ourselves what makes them so incredibly engaging and captivating.
You may already know how awesome 3D printing is, so forgive me if this post is a kind of “No duh” for you. My inner old lady comes out when I hear the word “3D” — the Nintendo 3DS gives me a headache as do 3D movies. Not a fan. Of course, as you may already know, 3D printing is not really like those things at all. 3D printing makes your dreams come to LIFE!
Okay, maybe that’s a slight overstatement, but not really. You want to make a spider guitar? You can. How about a pizza? Yes. Did you have a dream last night of Abraham Lincoln riding off into the sunset on a unicorn? You can probably make that, but I couldn’t find an image of it on the internet. Need a liver or kidney? Pretty soon, doctors will be able to print one up for you.
Alright, I’m calling it: ugly Christmas sweaters just aren’t funny anymore. Some have rung the death toll for this Christmas trend long before me, but now it’s time to put the final nail in the coffin.
What started out as a small-scale holiday event where kitsch-lovers could comb through the racks of thrift stores and estate sales for the most horrendously ironic of Christmas cardigans (think: bright pink sweaters with puffy-paint kittens and Christmas trees) has been ruined the way most fun things are: by stores trying to monetize a trend.
From Urban Outfitters moody models trying to look sexy in oversized sweaters with gold sleighs to the NBA – yes, the NBA – making their own ugly Christmas sweatshirts printed in team colors, here are the worst offenders we could find.