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Starting in the fall of 2017, The city of San Francisco will become the first United States city to offer Tuition-free college. Something I am hopeful becomes a trend in America. As interesting as it sounds my first question was, How is the city paying for this?
San Francisco has a transfer tax for properties that sold for over $5 million. This tax money will be used to fund the Tuition-free college program. The city of San Francisco plans to give City College of San Francisco over $5 million a year to fund this program.
In order to attend City College of San Francisco tuition free you have to be a resident of San Francisco for at least one-year. Low-income students will get money for books and other supplies along with free tuition. Low-income full-time students will get $500, while low-income part-time students will get $200.
New York City may be the next city that offers a version of tuition-free college in the future.
Payless has filed for chapter 11 bankruptcy protection with an estimated $10 billion in liabilities. Payless is looking to close 400 of their retail location in America as soon as possible.
The CEO of the company W. Paul Jones made statements following the news of the store closings.
“This is a difficult, but necessary, decision driven by the continued challenges of the retail environment, which will only intensify,” he said in a news release. “We will build a stronger Payless for our customers, vendors and suppliers, associates, business partners and other stakeholders through this process.”
Payless employees over 21,000 people international. With these store closings, a lot of people will be out of a job really soon.
Payless join a growing group of retailers that are also closing some of their store around the world.
I am closing in on a Year with Google’s Project Fi and I have couldn’t be happier. I made 12 payments so far that totaled out to $337.63. That’s an average phone bill of $28.13 a month. This month I got the lowest phone bill I ever got in my life of having a wireless service provider. My bill for March is $7.99.
This is why I encourage more people to at least try Google’s Project Fi. A lot of people get tied into contracts with other providers and they are just wasting money.
The video game retailer GameStop did not have a very successful 2016 holiday season. The first quarter of 2017 has not been particularly well for the company either. The software sales have been down by 19% and the hardware sales have been down by 29%.
GameStop claims this all just a part of their strategy. In 2017 while they will be closing their underperforming stores, they will also be opening 65 Technology Brand stores and 35 Collectibles stores.
I believe the decline sales in vastly due to the popularity of digital gaming. It is much more convenient to purchase your games on your console and download them right to the system.
I am looking forward to seeing how things play out with GameStop going forward.
SEPTA is proposing a fare increase that could take effect pretty soon. In the past, SEPTA had far increases in 2007, 2010, and 2013. There was a fare increase scheduled for 2016, but it was postponed due to the new key payment system.
SEPTA states that the fare increase to fund their operating expenses. That statement was interesting to me. I am not inside of SEPTA’s QuickBooks account( assuming they use QuickBooks), but SEPTA also generates money from advertisement and receive money from the state. I just wonder is SEPTA’s every 3-year fare increase because the cost of living going up or is SEPTA not closing out the year in the black?
According to septa.org this how the prices will change once the fare increase is in effect.
-Cash Fare/Quick Trip: Increase from $2.25 to $2.50
-Tokens/discounted single ride with Key: From $1.80 to $2
-Transit Transfers would remain unchanged at $1
-Disabled Fare: From $1 to $1.25
-Paratransit/Shared Ride: $4 to $4.25
-Weekly TransPass: From $24 to $25.50 (up to 56 trips for one customer)
-Monthly TransPass: rom $91 to $96 (up to 240 trips for one customer)
-Weekly TrailPasses: Currently $27.25-$53, depending on zone; proposed increase to $28.25-$55.75 (up to 56 trips for one customer)
-Monthly TrailPasses: Currently $101-$191, depending on zone; proposed increase to $105-$204 (up to 240 trips for one customer)
-Convenience Pass: From $8 to $9
The people of Philadelphia have grown tired of SEPTA in recent years especially after that SEPTA strike in 2016.
Since 2008 I have actively looked for ways to make money online. To my surprise at the time, there was a lot of scams and very few real money making opportunities. 8 years later the opportunities are endless.
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