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A Complete Guide To The Men's Fashion In 'American Psycho'

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Patrick Bateman

Whoever dressed the cast of American Psycho (2000) nailed the flamboyant men's style of the 1980s. The closer you look, the more on point you realize they were.

So lets take a deep dive.

In the film, no character escapes the signature 80s details — the low gorge on the lapels, wide shoulders and the long jacket length.

And Patrick Bateman looks perfect in his Valentine Couture suits and Oliver Peoples glasses.  

Pinstripes are a must, as is condescension and an AmEx.  Leave the humility at home.  

Justin Jeffers is the editor of The Fine Young Gentleman. You can follow The Fine Young Gentleman on Instagram and Twitter.

Patrick Bateman and Timothy Bryce sit together in the opening scene, both in their naturally suited state. Bateman's ensemble is good, but Bryce's wins out for its less conservative pairing of a taupe suit, white shirt and blue, red and gold stripe tie. Note the arch on his tie, it is one of Bryce's signatures—that and his coke and steroid habits.



This is classic Bateman—pinstripes, repeating motif tie (Hermes perhaps?) and a white collar with a blue colored body for the shirt.



The headphones are badass and likely plugged into a Discman (Google that if you don't know it). It was cutting edge for the 1980s, no doubt. And I would put money on that overcoat being cashmere, if not vicuna—a textile meant for gods.



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9 Maps That Show How Americans Commit Crime

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Violent crime ticked up in 2012, but America is still lot safer than it used to be, according to the FBI's recently released uniform crime report.

Business Insider mapped the results, revealing a snapshot of crime in the United States. Among various trends, we noted that the South was particularly violent, as it has been for many years; rape appears to be more common in rural states; and car thefts are most common in the West and Southwest.

You can see these and others trends in the maps below, along with data on crimes per 100,000 people by state. Note that reporting practices vary among police precincts around the country, accounting for some of the differences.

The most violent state was Tennessee, which reported 644 violent crimes per 100,000, followed by Nevada, Alaska, and New Mexico. The safest state was Maine with only 123 violent crimes reported per 100,000.

1Violent Crime FBI

The highest murder rate was in Louisiana, with 10.8 murders reported per 100,000 people. The Deep South state is notoriously pro-gun rights. The state is also really poor. Louisiana has the third-lowest median household income in America ahead of Arkansas and Mississippi, according to recent Census data.

The lowest reported murder rate was in New Hampshire, with only 1.1 murders per 100,000 people.

Murder FBI Crime Statistics

Alaska had the highest reported rape rate at 79.7 per 100,000 people. The state has had a reputation for having a big problem with rape for a while. A poll of nearly 900 Alaskan women in 2010 found 37% had experienced sexual violence. Experts say the isolation of Alaska's villages may make women particularly vulnerable to assault. Another rural state, South Dakota, has the second-highest rate of rape reports.

The lowest reported rape rate was in New Jersey, with only 11.7 per 100,000 people.

Rape often goes unreported, so these statistics may be less reliable than other crime numbers.

Rape FBI

The highest rate of aggravated assaults is in Tennessee, with 480 reported per 100,000 people. There are a few good theories about why Southerners like to fight.

The lowest reported rate was in Maine, with 61 per 100,000 people.

Aggravated Assault FBI Crime

Nevada had the highest reported robbery rate at 178 per 100,000 people. Also a particularly dangerous state, Nevada was hit hard by the recession, has a sky-high foreclosure rate, and suffers an unemployment rate higher than the national average.

Wyoming had the lowest reported robbery rate at 11 per 100,000 people.

The FBI defines robbery as stealing anything by using violence or threats.

Robbery FBI crime

South Carolina led the nation in property crimes with 3,822 reported per 100,000 people.

New York reported the fewest property crimes at 1,922 per 100,000 people.

The FBI's property crime count includes burglary, motor-vehicle theft, larceny, and arson. The South isn't just America's most violent region. There's a lot of theft there, too.

Property Crime FBI

California leads the way for car thefts with 443 reported per 100,000 people. That could be because California is so close to Mexico, where many stolen cars are found, Forbes has pointed out.

Your car is least likely to get stolen in Vermont, with 69 reported thefts per 100,000, followed closely by Maine and New Hampshire. This is not surprising when you see how cars look after a New England winter.

Vehicle Theft FBI

South Carolina leads the nation in larceny with 2,588 reported thefts per 100,000.

New Jersey brought up the rear with 1,384 reported thefts per 100,000.

The FBI defines larceny as the theft of any property like bicycles, parts of motor vehicles, or even wallets.

Larceny FBI

Arkansas leads the nation in burglary with 1,081 reported incidents per 100,000. Burglars in the state have reportedly been reading obituaries recently so they can break into people's houses when they're at their loved ones' funerals.

New York had the lowest reported burglary rate at 330 per 100,000. 

The FBI defines burglary as illegally entering a place to steal something.

Burglary FBI

Now check out America's most crime-ridden cities. The 25 Most Dangerous Cities In America

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A 'Water Sommelier' Explains Why You Jeopardize Your Health If You Don't Heed His Advice

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90h20 bottleYesterday, I poked a bit of fun at Martin Riese. He's a Los Angeles-based "water sommelier" who markets a line of luxury water called Beverly Hills 90H20.

I said, perhaps a little flippantly, that "people with too much money" are consulting Riese. He emailed me to insist that his services, and his water, are not just luxuries for the rich:

I feel a bit sorry that you might not understand the importance of a variety by water. In Germany we have over 580 different mineral water brands. All waters have different TDS levels (total dissolved solids), meaning different mineral content. Therefore water can taste different and has an impact on food and other beverages. For example on my water list I have a water with a TDS level from under 10 and it rises to a water with a TDS level over 3500.

The problem in America is that a lot of brands you can buy is actual purified water, that means tap water, filtered and bottled. We do not need to discuss the quality of tap water in America, I think especially here in L.A. it's safe to say it's unhealthy to drink.

Therefore is has nothing to do with rich people it has something to do with people who want to live a healthier lifestyle.

Did I mention that Beverly Hills 90H20 costs $164 per case and comes in individually numbered glass bottles?

I reached out to the Los Angeles Department of Water and Power to ask them about Riese's claim that L.A. water is unsafe to drink. Spokeswoman Michelle Vargas says he's all wet:

Our Water Quality Division regularly samples the water distribution system, and conducts more than 240,000 water quality tests annually for compliance, research and operational improvements. LADWP continues to meet and exceed all federal and more stringent California water quality guidelines ensuring that L.A.’s water is indeed safe to drink.

No word on how L.A. tap water pairs with a seasonal salad.

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25 'Hidden Gem' Real Estate Markets Around The US

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Lake County, Ohio

For investors  looking to get into the real estate market, one factor should be considered above all others: location, location, location. 

RealtyTrac has combed the country to find 25 "hidden gem" markets — areas that are little-known, aren't swarming with big institutional investors, and boast sizeable yields.

The firm based its study on a combination of five factors: median home value (single-family, three-bedroom home), unemployment, median rental value, institutional investor sales, and gross yield.

In the markets that made up the cream of the crop, institutional investor purchases accounted for 5% or less of all residential sales (the less competition from Big Players, the better for average investors) in the three-month period ending in July, and the unemployment rate was 7.5% or lower.

“Buying single family homes as rentals still yields solid returns in many markets across the nation, but it is difficult for individual investors and even small-to medium-sized institutional investors to find reasonably priced inventory in markets dominated by the 800-pound gorillas in the single family rental space,” said Daren Blomquist, vice president at RealtyTrac. “With this analysis we’ve identified the top overlooked markets where single family rentals still make good financial sense but where there is little to no competition from the big players."

25. Shelby County, Ala.: Gross yield for real estate investors is 9.1%.

Investor sales: 1.9%
Unemployment: 4.5%
Median home value: $157,000
Median rent value: $1194

Gross yield: 9.1%



24. Madison County, Ala.: Gross real estate investor yield totals 9.2%.

Investor sales: 4.3%
Unemployment: 6.0%
Median home value: $126,000
Median rent value: $961

Gross yield: 9.2%



23. Waukesha, Wisc.: Gross yield for real estate investors is 9.2%.

Investor sales: 1.0%
Unemployment: 6.3%
Median home value: $208,000
Median rent value: $1595

Gross yield: 9.2%



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HOUSE OF THE DAY: Kid Rock Lists His 'Balinese Oasis' In California For $13.5 Million

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kid rock malibu mansion

Musician Kid Rock is selling his Malibu, Calif. compound for $13.45 million, according to celebrity real estate blog The Real Estalker.

Rock (née Robert James Ritchie) bought the Point Dume property — which is described by the listing at CaliforniaMoves.com as a "Balinese oasis" — in October 2006 for $11.6 million.

The home has just over 8,000 square feet of space with an open floor plan and huge, stunning rooms. The master bedroom even has his-and-hers walk-in closets.

The five-bedroom mansion sits on 1.54 acres of property, with a pool in the backyard, as well as a mini guest house.

According to real estate blog Trulia, Rock still has plenty of homes left in his real estate portfolio. He also owns a 6,000-square-foot waterfront mansion in Detroit; an ocean front home Jupiter Inlet Colony, FL; a condo in Nashville, TN; and two adjoining estates northwest of Detroit.

Welcome to Kid Rock's "ultimate Balinese oasis" in Malibu.

Source: CaliforniaMoves.com



The zen-themed mansion has over 8,000 square feet of space.

Source: CaliforniaMoves.com



The floor plan is open, with tall ceilings and arched hallways connecting the rooms.

Source: CaliforniaMoves.com



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These Are The College Majors With The Smartest Students

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chemistry student woman

College students who major in physical sciences tend to be smarter than those who major in psychology, judging from the 2013 SAT Report on College & Career Readiness from the College Board.

The report includes data on SAT scores by intended major for the college-bound class of 2013. We've taken the liberty of ranking majors based on these scores, which are the best commonly available proxy for intelligence. Although the results are somewhat limited, seeing as different majors require different skills and anyway the SAT is not a perfect test, some notable trends emerge.

Multi/interdisciplinary studies students have the highest combined scores, which makes sense since they need a wide array of talents and are likely to be either ambitious double majors or intellectual scholars.

Physical science majors (physics, chemistry, etc.) have the second highest combined scores; naturally they tend to be serious students, bravely embarking into fields where B.S. is not an option.

A large group of undecided students beat out the similarly ruminative Philosophy majors by one point, claiming the tenth highest combined score.

As we go down the ranking of combined scores, there are increasingly technical majors — these students aren't wasting their time with a liberal arts education.

Here's a ranking by combined scores:

smartest majors

Now, a ranking of majors by critical reading score. Naturally, the humanities subjects rise higher, but check out that still-impressive score for physical science majors:

smartest majors reading

Next, a ranking of majors by math scores— and the winner is ... math majors.

smartest majors math

Finally, a ranking of majors by writing score. Multi/interdisciplinary scores win here too.

smartest majors writing

Now what happens when we add attractiveness to the equation? There's a strange relationship between attractiveness and intelligence among professors

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The Amazing Story Of An Ex-Drug Trafficker And A Former CEO Who Ran A Marathon Together In Prison

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Michael SantosEx-convict Michael Santos had an exceptional experience in federal prison in many ways.

He wrote several books while locked up for more than 25 years. He started dating a former high school classmate then married her. Santos also bought a pair of cheap cross-trainers from the prison commissary and ran marathon distances — 26.2 miles — on tiny, dusty prison tracks.

Santos, who was in prison for trafficking cocaine, ran his first marathon distance with ex-Brocade CEO and white collar criminal Gregory Reyes on a 95-degree day in May 2011 at the federal prison in Taft, Calif. The farthest the two had ever run together was 15 miles.

"It was running around a circle for four and a half hours," Santos told Business Insider.

The idea of running in circles for hours while wearing crappy shoes is incredible to me, seeing as when I ran my first and possibly last marathon, I did it on a distractingly beautiful route while wearing top-of-the line shoes and eating special electrolyte gummy candy.

Michael Santos is an unusually motivated human being. Michael Santos marathon

Like many inmates before the mid- 1990s (when Congress prohibited federal prisons from bodybuilding equipment), Santos lifted weights to stay in shape. After about 10 years of that, though, he started worrying about getting too bulky to wear a suit once he finally got released. He switched to running on prison tracks. (Some tracks were 1/4 mile, and other tracks he ran on were 1/3 mile long.)

Santos started running 10-mile distances daily on the prison track and five miles on visiting days. He told himself he was never more than "65 miles away from a visit," he said. Santos sometimes ran as many as 20 miles a day, in silence and without much scenery. He used the time to focus and think about his career goals.

In 2010 Santos struck up a friendship with Reyes, a hugely successful businessman who was doing time for back-dating corporate stock options. (The practice of backdating to make stock options more valuable has largely been abandoned, thanks in part to Reyes' high-profile conviction.)

Santos motivated Reyes to start running, and pretty soon they were doing 10 miles together. Reyes said he'd like to do a marathon. The prison cardiologist advised them to train for it. Most marathon training programs are three months long and involve gradually increasing your distance and then "tapering" down before the big race day. Santos and Reyes didn't really go that route. 

One weekend they did 15 miles. The very next weekend they decided to run the full 26.2 miles on the prison track since it was May and they knew it would just get hotter. "We should just bang it out right now," Santos remembers telling Reyes.

Santos marked his time using a Timex Ironman watch. Each time he finished a loop, he'd push a button on the watch to mark his time. Santos finished in 4:35. Reyes completed his marathon in about 4:12, Santos remembers.

Santos went on to run 52.4 miles on the dusty oval during his stay in prison. He banged out 700 miles his last month of prison, averaging more than 20 miles a day. He's been out of prison since 2012. Faced with the social demands of freedom, Santos has "only" run six marathon distances since his release.

He has never run an organized race. For him, marathons were never about getting a trophy or a pin or even getting faster. These days, his marathon times are five hours — significantly slower than his first one.

"I am out there just to think, and put one foot in front of the other and hit the goals," he said.

SEE ALSO: What It Was Like To Use New Technology After 25 Years In Prison

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Why 'Captain Underpants' Is The Most Banned Book In America

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Captain Underpants

The children's series "Captain Underpants" has surprisingly topped the list of the most banned books in America in 2012, beating out the much more controversial title "Fifty Shades of Grey."

The 10-part series, by author Dav Pilkey, follows two prank-loving young boys who create a superhero called Captain Underpants.

Parents say in complaints filed to the Office for Intellectual Freedom that the illustrated books contain "offensive language" that is unsuited to the series' target age group of elementary-school children.

The first book in the series even comes with a "Sturgeon General's Warning" that says: "Some material in this book may be considered offensive by people who don't wear underwear."

So where's the evidence that the books are actually a bad influence on children?

We've broken down the most "offensive" parts of the first "Captain Underpants" book in an attempt to understand why the series is the most banned in the country.

"Offensive Language"

In Chapter 4, the two protagonists of the series — George Beard and Harold Hutchins — refer to their school principal as "that old guy" and call him "Mean Old Mr. Krupp."

Throughout the book, there is reference to undergarments.

Partial Nudity

The hero of the series, Captain Underpants, flies around in underwear and a cape throughout the illustrated book.

In Chapter 17, Captain Underpants slings his underwear at the evil Dr. Diaper in an attempt to defeat him and then covers himself with a barrel. (Note: there is no actual nudity in the book, unless you count Captain Underpants' chest.)

Violence

In Chapter 16 — titled "The Extremely Graphic Violence Chapter" — George and Harold save each other from evil robots by whacking (and presumably killing) them with what appear to be wooden planks.

The chapter comes with the following disclaimer: "WARNING: The following chapter contains graphic scenes showing two boys beating the tar out of a couple of robots. If you have high blood pressure, or if you faint at the sight of motor oil, we strongly urge you to take better care of yourself and stop being such a baby."

Misbehavior

The book is riddled with examples of George and Harold misbehaving. They play several pranks at school, including sprinkling pepper in the cheerleaders' pom-poms and putting bubble bath in the marching band's instruments.

Blackmail/Threats

The principal, who is later hypnotized by George and Harold into becoming Captain Underpants, blackmails the two mischievous students into behaving well at school and doing chores for him by threatening to release a tape of them pranking the football team.

This could be construed as bullying.

 ***

But what's even more shocking to us than the contents of the Captain Underpants series is why parents are so opposed to a book that gets young boys excited about reading.

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Here's A Simple Guide To Improving Your Credit Score

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household credit

For many people, rebuilding their finances is a battle that begins and ends with credit. Credit was an easy crutch to lean on before the recession, and in 2009, average household credit debt ballooned to nearly $20,000. At last count, that average had fallen to just over $15,000.

Before you get too excited, this improvement is actually a little misleading. Americans didn't suddenly change their credit habits overnight. With so many seriously delinquent accounts floating around, credit companies increasingly started "charging off" accounts (letting cardholders settle debts for smaller amounts) and in turn, they tightened restrictions for new lines of credit. Both of these factors contributed to lowering household credit debt.

Because of those new restrictions, these days you'll need nothing short of a stellar credit score to have a shot at decent credit (the average APR is more than 15%). For many, that will mean doing some serious damage control. To help, we came up with a simple guide with actionable ways to start rebuilding your credit.

It won't happen over night, but follow these tips and you'll be on you way to a better score this year:

1. Attack the largest debts first.

Focus on your larger debts first, since paying them down will pack the biggest punch and likely save you the most on interest charges. A big chunk of your credit score is based on your revolving debt (debt you have lingering on cards that hasn't been paid off yet) and the smaller that total is, the better off you'll be. The general rule of thumb is to keep credit balances under 30% of your available limit, but if you're looking to improve your score dramatically, you need to aim for 10% utilization or lower. That means carrying no more than $100 at a time on a $1,000 credit card.

2. Whatever you do, make payments on time.

There is no better way to improve your credit score than simply making on-time payments. Payment history makes up a whopping 35% of your credit score (check out the full breakdown in the chart below), which means a missed payment can be seriously detrimental. The simplest way to make payments on time? Leave nothing to chance. Sign up for auto payments and set text reminders on your cellphone a few days in advance to make sure you've got the cash on hand.

3. And if you miss payments? Start sweet talking.

Mistakes happen. If you miss a payment on your credit card, the good news is that you have time to call up your lender and sweet talk them into removing the flag on your account before they report it to the credit bureaus.

"You have 30 days from the due date before the lender can report the late payment to the credit bureaus so you have a bit of wiggle room," says John Ulzheimer, credit expert for CreditSesame.com.

4. If possible, always pay more than the minimum balance.

This is easier said than done, but you're only doing credit card companies a favor by paying their puny minimum balance each month. They get to rack up interest charges on your account and you might as well be spinning on a hamster wheel for all the progress you'll make paying down your balance.

fico score chart

5. Look into a secured credit card.

A secured credit card can be an excellent tool for people with poor credit to rebuild their scores. Bankrate.com has a smart guide to understanding secured credit cards, but here's how they work in a nutshell: You pay a lump sum upfront (usually around $300 to $500), which is used as collateral, and receive a credit card with that amount available. All of your payments are then reported to credit bureaus and reflect positively on your credit history, helping you improve your credit over time. Note: They don't come for free. Try to find a card without an application fee and a low annual fee.

6. Go to your credit union for a credit builder loan.

If secured credit cards aren't up your alley, try applying for a credit builder loan from a local bank or credit union. This is a favorite credit-building strategy of Ulzheimer's.

Unlike a typical loan, you don't actually get access to the money right away. The bank will put it in an interest-bearing account and hold it there while you make monthly payments on the balance. Once you've paid off the balance, you get the cash (plus interest!) and you've had a year or two of good payment history reflected on your credit report.

7. Get authorized on someone else's account.

Becoming an authorized user on a spouse or parent's credit account is a simple way to get some good credit under your belt. Just use caution. If that person winds up screwing up their credit, your name will be attached to the card and your credit will get dragged down right along with theirs.

8. Check all of your credit reports for errors — then fix them.

You'd be surprised how much damage credit reporting errors can cause to your score. You could have excellent credit but if one of the three credit bureaus has mixed up your account with another person's or someone has taken out a fraudulent line of credit under your name, you can kiss that nice score goodbye.

Make a habit of getting your free credit report every year from Annualcreditreport.com, where you can download one from each of the three credit bureaus. Each bureau has an easy web form to fill out if you spot any errors or want to contest any information your account.

9. Don't close old accounts once they're paid off.

Cutting up your credit card and closing the account may seem like an appropriate way to celebrate after making your last payment, but you won't do yourself any favors. Credit history factors in your credit score and keeping older accounts open and paid in full shows lenders that you have a long track record of good behavior. On top of that, closed accounts will still show up on your credit report anyway, according to FICO, and can be factored into your score.

10. Track your progress for free.

Credit scores typically cost money if you buy them from credit bureaus, but a host of sites have recently started letting consumers track them for free. We like CreditKarma, CreditSesame and Credit.com, all of which update scores monthly. It's fun watching your improvement over time and their estimations won't hurt your score, since they don't count as credit inquiries.

11. Stop using credit as a crutch.

Last but not least, the worst thing you can do to improve your credit is take out a bunch MORE credit to cope with your existing financial issues. Not only will new credit inquiries hurt your credit score, but you'll just wind up digging yourself into a bigger hole than you're already in.

Bonus: Why not just hire a credit repair company to do all this work for you and call it a day?

Credit repair firms bill themselves as knights in shining armor for people with bad credit, promising to cure their bankruptcy scars and "erase bad credit—100% guaranteed!" In most cases, if you see claims like this, it's in your best interest to run the other way. Best case scenario: Even if the credit repair firm is legit (that's a big IF), all they are going to do is basically everything we just laid out in this guide but they will charge you dearly for it. Worst case: They are scam artists who will charge you illegal upfront fees and disappear the next time you come knocking. Read up on the warning signs over at the FTC.

The bottom line: Rebuilding credit is a marathon, not a sprint. You won't get anywhere by pulling the wool over your own eyes and hoping it will disappear, but you can't expect to do a 180 in a few days either.

SEE ALSO: 9 steps I took to get my finances back on track

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Michelin Is Out With A New List Of The Best Cheap Eats In New York City

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ABC Cocina guacamole new york city restaurant

Michelin's 2014 New York City restaurant guide comes out next week, but the guide has already released its annual list of "Bib Gourmands," the best, most affordable restaurants in the city.

To qualify for the list, establishments must serve two courses and a glass of wine or dessert for $40 or less (tax and gratuity not included).

This year's New York City list has 138 restaurants, compared to last year's 126, with 31 different types of cuisine from gastropub fare to Chinese food.

Michelin describes the Bib Gourmand list as "restaurants that Michelin’s esteemed inspectors would frequent themselves." Check out the full list of restaurants and their locations below:

Micheline Bib Gourmands list

SEE ALSO: Top Food Critics Say These Are The 20 Best Restaurants In America

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Understanding Your Health Care Options In A Post Obamacare World

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For 2014, health care premiums will increase by about 5%, according to the 15th annual Employer Health Benefits Survey by the Kaiser Family Foundation and the Health Research & Educational Trust. Families will pay an average annual cost of $16,351 (with workers paying $4,565 in premiums) and individuals $5,884 (with workers paying $999).

In this first enrollment season after Obamacare, pay attention to your options and understand some of the benefits available – including the health savings account (HSA) and flexible spending account (FSA).

Individuals or families in a high-deductible health plan (HDHP) establish an HSA, a tax-advantaged medical savings account, to pay for qualified medical expenses. You may deduct 100% of contributions from your federal income tax and withdraw them tax- and penalty-free to pay for such medical expenses as co-payments, prescription drugs and insurance deductibles. HSAs, significantly, have no requirement you spend the balance in a given year; unused funds can grow tax-deferred for use in later years.

For 2013, you can contribute pre-tax up to $3,250 for individual coverage and $6,450 for family coverage. In 2014, those amounts increase to $3,300 for individuals and $6,550 for families, according to figures relayed by the Society for Human Resource Management. You also kick in an additional $1,000 if you’re 55 or older. Minimum HDHP deductibles remain at $1,250 for individuals and $2,500 for families. HDHP out-of-pocket expenses, excluding premiums, max out at $6,350 for individuals and $12,700 for families.

As long as you track your medical costs, you can withdraw money for reimbursement at any time. In addition, HSA withdrawals not used for qualified medical expenses resemble withdrawals from individual retirement accounts: You’ll be taxed on the distribution at ordinary rates and incur a 20% penalty for withdrawals before age 65.

Similar to an HSA, the FSA allows pre-tax contributions to pay for qualified medical expenses. The FSA, however, has the use-it-or-lose-it requirement – any unused amount in the account at the end of the year vanishes. This requirement often sends FSA holders scrambling at year’s end to schedule dental exams, stock up on first-aid supplies or splurge on expensive glasses frames before the money’s gone. To answer a common (and often angry) question, much unused FSA cash usually returns to the employer who sponsored the plan.

For 2013, you can make pre-tax contributions of $2,500 per employee for health FSAs; if you and your spouse each own an FSA you can kick $2,500 into each plan. You need not have coverage under any other health-care plan to participate.

An important note about FSAs: Participating employees may use their entire annual contribution for qualifying events at the start of the plan year or after the first contribution is made. You can use the full $2,500 from that initial contribution period forward to pay for qualifying expenses even if you haven’t fully funded the account when the year opens and even if you elect to contribute the $2,500 in installments throughout the year.

When establishing either of these accounts, pre-plan and anticipate your medical expenses for any given year. For example, if you have an FSA and anticipate the birth of a child or a surgery, increase your contributions.

As you go into open enrollment season, remember that the FSA will provide you with a tax-advantaged double threat of tax-deductible contributions and tax-free distributions for qualified medical expenses. The HSA goes one step further with tax-free interest and dividend accumulation – making it a tax-advantaged triple-threat. Either constitutes a handy tool in a time when every dollar of medical expense counts.

Follow AdviceIQ on Twitter at @adviceiq.

Mary Beth Storjohann, CFP(R), is the founder of Workable Wealth, an RIA in San Diego. She is a writer, speaker and financial coach who is passionate about working with individuals and couples in their 20s and 30s to help them organize and gain confidence in their financial lives. She has been quoted or featured in various industry publications on the local and national level. You can find her on Twitter at @marybstorj.

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The 20 Colleges With The Best Food In The Country

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Bowdoin College Students LobsterBowdoin College — which traditionally sees its graduating seniors off with a lobster bake — has the best food of any college in the country, according to the Daily Meal.

For the second year, the Daily Meal released its list of the "Best Colleges for Food in America," ranking colleges' food on healthiness, sustainability, service, nutritional education, and the "X Factor" — something unique that the school does to differentiate themselves.

Some things that may have helped schools rank on the list include bringing in local food, running educational events, or having an on-campus hibachi restaurant.

You can check out the full list here, but these are the top 20 colleges where it pays to invest in a meal plan.

#20 Stanford University gets students involved by hiring dining ambassadors who encourage wellness, sustainability, and healthy eating.



#19 Princeton University just implemented a 'Lunch-to-Go' program, where students can order bagged lunches to be picked up wherever on campus.



#18 Columbia University has completely eliminated trans fat from their food, following the model set by surrounding New York City.



See the rest of the story at Business Insider
    






People Need To Stop Throwing Out Food Because It Passed The Sell-By Date

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milk-sell-by-date-food-label-expiration

Nearly half of America's food gets thrown out each year— much of which is actually perfectly safe to eat — often because of passed sell-by dates. 

Here's a little secret about those "sell-by date" labels you see on food packages: they don't mean that much. 

The labels, or "open dating," are meant to tell grocers how long to keep items on shelves. But consumers should know they're not safety dates, according to the U.S. Department of Agriculture.

The real label you want to look out for is "Use By," which provides the best clue for freshness. Once that date passes, the food won't be at its best quality.

Date labeling is only required in about 20 states (it's mandatory in all 50 for infant formula), so sometimes your nose and eyes are the only tools you have to rely on. But if you store things properly, you can extend the life of most groceries by weeks after purchase—or indefinitely, if you freeze it.

Here's a guide to how long some common foods stay fresh when stored in the fridge (at 40 degrees Fahrenheit): 

One to two days: Ground beef, ground poultry and poultry, liver, sausage

Three to five days: Beef, veal, pork and lamb

Five to seven days: Cured ham, uncooked

One to five years: Canned foods. If you keep your cans stashed in cool, dry places, you can store them for years in some cases. Any dated code on canned food is the date that the items were packaged, not a "use-by" reference for consumers, the USDA says. Using the date as a reference point, acidic foods like tomatoes, grapefruit and pineapples can last from 12 to 18 months, while less acidic foods like meat and vegetables last anywhere from two to five years, the agency says. 

Three to five weeks: Eggs. Some states do require sell-by or expiration dates on egg cartons by law, but they're not federally required. If you see a date, you'll definitely want to buy the eggs before they expire, but you can actually store them in your fridge for three to five weeks. 

Two weeks: Hot dogs, sandwich or deli meat, hot dogs unopened; five to seven days if opened. 

SEE ALSO: 13 health gimmicks you can stop wasting money on

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The World's Highest Airport Just Opened In The Mountains Of China

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Daocheng Yading highest airport tibet china opening

We’ve got a new airport to add to our travel to-do list, as one of the world’s newest airports is now open for business.

Not only does it have that new airport smell, but this place is also the highest civilian airport in the world as well.

The security lines are now open for business in China, as the airport is now doing its thing in the Tibetan region of southwestern Sichuan province.

Daocheng Yading Airport which does its thing in Garzi sits at just around 15,000-feet above sea level.

That makes us wonder if we can use our electronic devices right from the runway, as technically we’re already well above 10,000-feet.

Right now flights are limited to just options over to Chengdu, but that’s quite a big deal for those in the area. The only true option back and forth was like a bus, and obviously that took quite a long time when compared with an airplane. Now the Air China flights—they’re using Airbus A319s—do things in roughly an hour compared to the couple days of travel required by road.

In total things cost around $250 million or so to build and design, and the new place can hopefully handle around 280,000 passengers per year.

So it’s not quite London-Heathrow or Atlanta, but it’s certainly going to be a convenience to those looking to check things out in the Yading Nature Reserve. Finally, no airport is complete without its very own airport code—this one is DCY.

Daocheng Yading highest airport tibet china

SEE ALSO: RANKED: The Best Airlines In America

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Why Women Leaders Face A 'Beauty Paradox'

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Marissa MayerBeautiful people have a lot going for them: They are more confident, make more money, and get promoted faster than their less attractive colleagues.

But for career-driven women, beauty is a no-win situation: The public wants you to be attractive, but, at the same time, not so beautiful that it's distracting.

This is the "beauty paradox" that women leaders face. They know that beauty matters, but are unsure of how much attention they should pay to their looks, says Vivian Diller, a psychologist and author of the book "Face It: What Women Really Feel as Their Looks Change and What to Do about It."

Take the recent outrage over Marissa Mayer's spread in Vogue's September issue. If she's playing dress up, she can't focus on running Yahoo, critics reasoned. But if Mayer didn't put any effort into her appearance, she'd just as quickly be accused of letting herself go.

Hillary Clinton is no stranger to this. When she ran for the presidential nomination, Rush Limbaugh asked on his radio show, "Do Americans want to watch a woman get older before their eyes?" And as Secretary of State, she was criticized as looking "tired and withdrawn" when a photo of her without makeup went viral.

People might say that looks shouldn't matter, "but in the real world, it does matter," Diller tells Business Insider. Yet ironically, "many people think that if these women care too much, then they can't care about the things that will make them a good leader, a good CEO, a good businesswoman," says Diller, who was a professional model and ballet dancer before becoming a psychologist.

The beauty paradox dates back to the "Women's Liberation" movement in the 1960s, when women rejected the idea that their physical appearance should play a role in their success.

"[These women] were very connected to the belief that the way to be successful was to maximize their other assets and minimize their looks," says Diller. But no matter how much we make ourselves believe that we can enter a man's world and fool everyone into thinking we're just one of the guys, this will never be the reality.

In the cave men days, the primary role of women was to attract a mate and procreate, says Diller. "It's hardwired into us that good looks and being attractive to others is an important part of our identity," says Diller.

Today, women have significantly expanded their roles beyond caretaker of the household. They earn more college degrees than men, and increasingly are becoming highly paid professionals, business owners, and breadwinners of their families. As women take on more public roles in society, one might think their appearance would become less relevant, but it remains a top factor in how they are viewed and view themselves. 

To be sure, men are paid a premium for being attractive as well. The difference is that beauty has never been such a topic of conversation or determining factor for men's success as it can be for women, says Diller.

While a women's worth is still greatly measured by how attractive she is, men typically define their own success based on power, money, and intelligence, says Diller. "This is the reason why men are admired for gray hair, but women aren't. Gray symbolizes wisdom, which has always been admired in men," she says. But that same gray hair will likely signify old age in women, and, unfortunately, our society has always defined female beauty as being synonymous with youth, says Diller. 

However, Diller does say that appearance will play a bigger role for men in the future, as gender roles become increasingly ambiguous. "I think you'll see more men at hair salons and getting manicures and pedicures," she says.

SEE ALSO: The Sexiest CEOs Alive!

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The Sexiest CEOs Alive!

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Sophia Amoruso, Nasty Gal, hi-resThere are some CEOs that can make running a company look ridiculously easy. 

Then there are some who can do it with, well, a certain je ne sais quoi.

We've scoured the world to find the sexiest Chief Executives on the planet.

Sexiness, we will remind you, is a subjective measure — and it's not just about looks. It's also about success, power, ambition, charisma, altruism, fashion sense, and style. 

For this ranking, we have also only included CEOs of companies with at least 100 employees. If you're looking for the Sexiest Startup CEOs, just check back in a while...

#50 Julie Smolyansky

Company: Lifeway Foods

Age: 38

As a kid, Smolyansky served as her parents' "guinea pig," tasting new flavors of their company's kefir yogurt. At 27, she became the youngest female CEO of a publicly held firm.

In addition to running a major company, the certified dairy queen also runs marathons and a non-profit organization called Test 400k, which aims to resolve the backlog of 400,000 untested rape kits in the U.S. and end violence against women.



#49 Stephan Winkelmann

Company: Lamborghini

Age: 48

This Berlin-born exec is an expert in luxury. He studied political science in Rome, served as a paratrooper in the German army, and dresses like a model in his company's catalogue.

Winkelmann jacked up production at Lamborghini when he took charge in 2005, with two-thirds of the brand's entire sales made in the last 10 years alone.



#48 Bob Iger

Company: Disney

Age: 62

Having been at the Mouse House since 1996, Iger drives creative and financial success at the world’s preeminent entertainment company. He's rolling in $40.2 million, as of the last fiscal year.

The Ithaca College grad will focus on the integration of Lucasfilm and the development of Shanghai Disney Resort during the remainder of his tenure (his contract was just extended to summer 2016).



See the rest of the story at Business Insider
    






The Sexiest CEOs Alive!

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Sophia Amoruso, Nasty Gal, hi-res

There are some CEOs that can make running a company look ridiculously easy. 

Then there are some who can do it with, well, a certain je ne sais quoi.

We've scoured the world to find the sexiest Chief Executives on the planet.

Sexiness, we will remind you, is a subjective measure — and it's not just about looks. It's also about success, power, ambition, charisma, altruism, fashion sense, and style. 

For this ranking, we have also only included CEOs of companies with at least 100 employees. If you're looking for the Sexiest Startup CEOs, just check back in a while...

#50 Julie Smolyansky

Company: Lifeway Foods

Age: 38

As a kid, Smolyansky served as her parents' "guinea pig," tasting new flavors of their company's kefir yogurt. At 27, she became the youngest female CEO of a publicly held firm.

In addition to running a major company, the certified dairy queen also runs marathons and a non-profit organization called Test 400k, which aims to resolve the backlog of 400,000 untested rape kits in the U.S. and end violence against women.



#49 Stephan Winkelmann

Company: Lamborghini

Age: 48

This Berlin-born exec is an expert in luxury. He studied political science in Rome, served as a paratrooper in the German army, and dresses like a model in his company's catalogue.

Winkelmann jacked up production at Lamborghini when he took charge in 2005, with two-thirds of the brand's entire sales made in the last 10 years alone.



#48 Bob Iger

Company: Disney

Age: 62

Having been at the Mouse House since 1996, Iger drives creative and financial success at the world’s preeminent entertainment company. He's rolling in $40.2 million, as of the last fiscal year.

The Ithaca College grad will focus on the integration of Lucasfilm and the development of Shanghai Disney Resort during the remainder of his tenure (his contract was just extended to summer 2016).



See the rest of the story at Business Insider
    






This Guy Managed To Cut $1,000 From His Household Expenses In 10 Weeks

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Brian OConnor In March 2005, Brian O’Connor was a self-proclaimed “unemployed, stay-at-home, freelancing, job-hunting Dad who needed a break.”

Although it would mean going from a two-income to a one-income home, he and his wife decided to sell their Florida home and move to Detroit for O'Connor's next big break — a job in newspapers.

“I’d made the kind of shrewd money move that defines any good personal finance writer: a massive, idiotic, potentially life-ruining financial blunder,” O’Connor writes in his forthcoming book, “The $1,000 Challenge,” which is due out next month. 

Shortly after their move, the bottom fell out. The housing market tanked; O'Connor's newspaper was sold and was cutting staff left and right; and he and his wife found out their son would need special speech therapy lessons that their insurer wouldn’t dream of covering.

It was time to buckle down. After a heart-to-heart with a personal finance advisor, O’Connor decided to shave $1,000 off his family’s monthly budget in just 10 weeks — lowering one of his 10 largest household expenses by $100 each week. It was no easy task, let alone for a single-income family trying to scrape by in Detroit of all places. Against all odds, they succeeded. 

We spoke with O’Connor about what it was like to take on a such a massive challenge.

Business Insider: You started this challenge during the height of the financial crisis and in arguably one of the hardest-hit cities in the country. That can't have been easy.

Brian O’Connor: It was a challenge. I actually thought I wouldn’t make it. Detroit really was kind of ground zero for the financial crisis. Michigan as a whole had already been in trouble for several years. We just never came back from the recession before this last big one. [Writing about personal finance for the Detroit News], I’d already had a lot of experience writing personal finance advice, but you just start thinking, how much of this stuff is actually helping anybody? There are people who are losing their jobs not through any fault of their own and they need a lot of different advice.

BI: What was the toughest expense to cut?

BO: Housing. It was just crazy. I started out week-one trying to refinance my mortgage and get an appraisal. It took nearly two and a half months because lenders had by that time started a new appraisal process [after the housing crisis]. People were just not used to it. The guy who appraised my house didn’t really know my neighborhood.

BI: You made big headway with your cable bill with just one phone call, taking it from $225 a month to $145. Were utilities easy to cut?

BO: Everything I wrote has been done so they were all real savings. The easiest and most long-term savings have been cable and phone bills. Once I called and negotiated it was pretty much immediate, plus I got a huge gift card for changing plans. Other charges were rebated. That has been a terrific and permanent reduction to my budget.

Brian budgetBI: Were there any spending categories that were impossible to cut?

BO: I thought I could cut my car category easily and I couldn’t find anything practically. It’s difficult when you’ve got a home and a car. You can’t really get out of your home or car payment. 

BI: What did your wife think about you sharing your family’s finances with the public?

BO: I wouldn’t say the process was always frictionless, but she was a pretty good sport about it. We’ve been married 20-plus years so I kinda know where the financial landmines are with my wife and I tried to accommodate her. The key to this is you have to really create an alternate personality for the people you write about. I call her “Mrs. Funny Money” in my columns and that goes a long way to keeping the peace.

BI: It’s been a couple years since you ended the challenge. Have you had any setbacks since then?

BO: We’ve backslid on our menu-planning and grocery shopping budget. We have to get back to doing that because that’s a sustained savings. You need to make that an ongoing process and a habit. It’s not always that hard to save money; it’s just a whole lot easier not to save it. My wife works three days a week and her two days off are filled with stuff for our son. We'll be scrambling for a week until we get back on a grocery program.

BI: You still managed to go on trips like one to your college reunion and pay for your son to go to camp. Was that in your budget?

BO: Extras like vacations I’ve been able to cover with money from freelancing. So that’s a more responsible way to handle it. We haven’t had money to spend on things like getting certain things done around our house. Doors need replacing, furniture needs to be updated. Every Christmas we still can’t believe we’re getting the same sofa cleaned.

BI: What’s your go-to method for keeping track of your budget?

BO: I’ve been using Quicken since [before it had a version] number. It’s becoming kind of a maddening creation now — pretty bloated. For me, the way I’m tracking most of my expenses is that certain things just went to cash immediately, like our spending money, our entertainment money, our babysitter cash. That helps a lot. When you have two people with debit cards and checkbooks and you have a modern suburban existence you’ve got a lot of moving parts in your budget to track. It’s easier to just take out cash every payday and say OK, this money goes to this and then not having to worry about tracking those little transactions all the time.

BI: What’s the main takeaway you want people to get from your book?

BO: I think it’s the idea that we should get away from this idea of perfectionism. If you’re needing one less dollar this month than you did the month before then you’re making progress. It’s gotta be an ongoing thing. Once you become conscious of where your money is going, then it becomes easier to want to start to put together some kind of systematic way to go about it.

"The $1,000 Challenge" goes on sale Oct. 29. 

SEE ALSO: 15 brilliant insights from the man who taught the world to 'Think and Grow Rich'

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15 Maps That Show How Americans Use Drugs

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Illicit drugs are most popular on the West Coast, Colorado, and the Northeast according to 2010-2011 surveys from the Substance Abuse and Mental Health Services Administration.

Other regions of the country have their own vices, too, as the South has the most smokers and the Midwest has the most binge drinkers. 

We've mapped the data (which can be seen in numerical form here) to identify these and other trends in U.S. drug use.

Below is a map of illicit drug use by state, with the highest rates found in the West, Northeast, and Colorado. Vermont is the druggiest state, with 15.29% saying they have used illicit drugs in the past month compared to only 4.29% in Utah.

01_Illicit Drug Use Past Month

Marijuana use follows a similar pattern. Vermont takes the lead again with 13.12% using in the past month.

02_Pot Use Past Month

Marijuana is even more popular among Vermont teenagers, 14.04% of whom have smoked in the past month.

03_Pot Use Past Month Youths

Many of the states that smoke the most marijuana have the lowest perception of risk. Nealy half (41.82%) of people in Mississippi think smoking weed is a huge risk.

04_Perception Great Risk Pot Once a Month

Washington D.C. takes the lead for coke use, with 3.04 percent of residents using in the past year. Other users tend to come from the West, Northeast, and Colorado.

06_Cocaine Use Past Year

Illegal pain pill use is even more widespread than cocaine. Oregon takes the lead here, with 6.37% of residents making nonmedical use of pain relievers in the past year. Iowa had the lowest rate at 3.62%.

07_Nonmedical Use Pain Relievers Past Year

Utah is a stark outlier when it comes to alcohol use, holding up the Mormon stereotype. The state also has some of the strictest alcohol laws in the country. The state with the highest rate of drinkers is Massachusetts, where 63% of residents over the age of 12 consumed alcohol in the past month.

08_Alcohol Use Past Month

North Dakota and South Dakota rank low compared to other states for drug use, but binge drinking is especially common there.

09_Binge Alcohol Use Past Month

The part of the country that binge drinks the most also has the lowest perception of risk associated with drinking.

10_Perception of Great Risk 5 or More Drinks

Tobacco use is most common in southern states. West Virginia has the highest tobacco use, with 38.46% of residents using in the past month.

11_Tobacco Use Past Month

The same goes for cigarettes.

12_Cigarette Use Past Month

Awareness of the risks associated with smoking is pretty high overall, especially in California, New York, and Florida.

13_Perception Great Risk Smoking Packs

Alcohol abuse and addiction is most common in the western half of the country, with the exception of Utah.

14_Alcohol Dependence or Abuse Past Year

Illicit drug abuse and addiction is also most common in the West, with Vermont also ranking high.

15_Illicit Drug Dependence or Abuse Past Year

Illicit drug addiction among teenagers is fairly low overall. Every state falls between 2% and 3.6%, with New Mexico, Arizona, and New England ranking higher than other states.

16_Illicit Drug Dependence Past Year Youths

Do drugs and you may end up behind bars: 9 maps that show how Americans commit crime

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Couples Are Asking For Trouble By Using Separate Financial Planners

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couple snow hold hands

With record high divorce rates and the growing popularity of cohabitation, there’s hardly a cookie cutter financial plan for today’s modern couples.

But whether they are married or live-in life partners, couples who choose to use separate financial planners could be causing more problems for themselves than they realize.

Keith Singer, president of Singer Wealth Management in Boca Raton, Fla., often deals with seniors who have remarried and would rather stick to their own guns financially.

“We just had a couple that came in today and they’ve been together 10 years and have separate houses,” he told Business Insider. “He’s super frugal and has a couple million bucks but he doesn’t really need the money. Her kids help support her. There was definitely a conflict there. We almost had to ask for a mediator between them. It’s difficult in that case to help them both meet their individual financial goals along with their joint goals.”

Financial harmony in relationships is almost as important as intellectual attraction. When spouses or partners attempt to keep their finances separate, they create a logistical nightmare for their financial planners to sort through and leave themselves both vulnerable to losses if the relationship doesn’t work out.

“Trying to coordinate the plans of two different planners to form a comprehensive strategy for the couple would generate a nightmare of complications,” said Gil Armour of SagePoint Financial, Inc. in San Diego, Calif. “Both parties just need to be comfortable with the planner before beginning the financial planning engagement. Even though the risk tolerances or investment experiences of the two parties may be different, a good planner can make sure that the needs of both parties are met in an overall plan.”

Oftentimes, the key to joint financial planning is learning to compromise on a plan that fits your unique relationship. Both Armour and Singer have clients who keep individual bank accounts and maintain a joint account for household expenses, a plan that gives each partner a sense of autonomy but still keeps them connected in their common goals.

“I always recommend having both parties meet with a planner at the same time,” Armour said. “Occasionally you get a couple where one person has absolutely no interest and the other spouse handles everything. As long as they’re comfortable with that, I can proceed and do my best to let them both know what we're doing. In most cases you have at least some modicum of interest for both parties.”

Here are some rules of the road when it comes to financial planning for couples: 

The best time to find a joint financial planner: Before you commit.

Armour:“Before marriage would be ideal because typically money problems are one big source of conflict in a marriage. We don't want any big surprises, like ‘Oh my gosh you still owe $100,000 in college loan debt.’ It’s best to put everything on the table beforehand so people can enter into marriage or long-term partnership with open eyes.”

How often to revisit your joint financial plan: Once per year to start, then every two to three years thereafter (varies).

Armour: “I’d say check in with your planner annually unless there has been no major change to your finances. Big changes are the addition of a child, a divorce, a big inheritance, anything that would change your investment picture.”

Topics that are important to cover with your planner: End of life care, estate plans, your retirement savings, trusts.

Armour:“You can certainly prepare for things like death or disability with proper forms of insurance if needed. Divorce is tough to plan for other than in most cases there are state laws determining division of assets depending on how long they've been together. If two people come together and there are significant assets already, you can set up separate accounts and not commingle them. They can keep existing assets separate and not mixed together.”

Singer:“One of the common scenarios is when one spouse has assets they want to leave to their kids but they also don’t want their new spouse have a [lesser] lifestyle. So you can create something called a Q Tip trust, which lets you leave money in a trust and provides that during the surviving spouse’s lifetime, he or she gets income out of it. At their death, the money goes to their kids.”

SEE ALSO: How a family of four lives on just $14,000/year

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