This Soda’s Flat
In January, Philadelphia became the first major American city to institute a sugary drinks tax of 1.5 cents per ounce. That amount might seem insignificant, but it resulted in a dollar price hike for some 2-liter bottles.
[E]ight months in, we’ve got our hands on some data.
So has the tax accomplished its goals?
Well, if the main purpose was to generate revenue for city programs like pre-K and libraries, then no. Philly came up about 15% short of its target.
Ok, that must mean Philadelphians must be drinking fewer sugary
drinks, right? Not necessarily—they might just be buying soda elsewhere.
Although carbonated soft drink sales decreased by 55% in Philly grocery
stores, they rose by 38% just outside the city’s borders.
(BroBible.com)
Friday, September 1, 2017
People Just Don't Get This Important Car Advice
7. Hold off on buying a car (even if you can afford it).
While a lot of folks tend to follow the 20 percent rule (that is, only dedicate 20 percent of your income to a monthly payment on a car), even if you can afford that, it’s still not your best investment. First, cars are depreciating assets, meaning as soon as you drive off the lot, it’s automatically worth less than what you paid. Additionally, as you never know what’s going to happen with your car (whether it’s new or old), the unexpected maintenance or expenses are going to cost you regardless.
(CavemanCircus.com)
While a lot of folks tend to follow the 20 percent rule (that is, only dedicate 20 percent of your income to a monthly payment on a car), even if you can afford that, it’s still not your best investment. First, cars are depreciating assets, meaning as soon as you drive off the lot, it’s automatically worth less than what you paid. Additionally, as you never know what’s going to happen with your car (whether it’s new or old), the unexpected maintenance or expenses are going to cost you regardless.
(CavemanCircus.com)
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