Posts tagged with "financial"

Gabrielle Marchan illustrates Dianne Morales for 360 MAGAZINE

Dianne Morales

As of late, one of our team members had the opportunity to sit down with New York City mayoral candidate Dianne Morales for an interview. After eight years under Mayor Bill de Blasio, New York City will see someone new in the position in 2021, and Morales, a member of the Democratic Party, is jumping at the opportunity.

360: What are the major points of inspiration throughout your life, so far, that have led you to where you are today?

Morales: At my core is a commitment to community, and I learned community at home. I am the youngest of three girls and the daughter of Puerto Rican parents. My mother, a secretary for the Leather Workers’ Union, and my father, a building manager on the waterfront, created a working-class life for us in Bed-Stuy. But our home was not just for me and my sisters. My grandmother, Mami, lived with us my whole childhood. In fact, she and I shared a bed until the day that I left home for college. Our home was a resting place, a layover, a transition point for whoever needed it. There was always someone new sleeping on the couch or joining us at the dinner table. Whether they had just arrived from Puerto Rico, were in between jobs, had just returned from the military or from being incarcerated, there were always other people staying with us while they “got back on their feet.” My parents opened their arms and their front door to whoever needed it. I never questioned this way of life. I was taught, “If you have, then you provide.” We took care of each other. I saw, firsthand, the opportunity created when we each take responsibility, not just for ourselves, but for our neighbors and for our communities. This belief has spurred me on through 30 years in the public sector, as an educator, a foster care worker and a leader of nonprofits.

As I established my own home in Bed-Stuy as a single mom, my children and I recreated the dynamic my parents had built. We always have a few extra people living in our home – whom we often refer to as our “chosen family.” These extended family members have filled my home with love and reciprocal support. In a twist of fate, since the pandemic hit, I have shared my home with my parents and my children. I envision a New York City where we take care of each other, where everyone is welcome to the dinner table, where neighbors provide more support than extra sugar and all of us have a warm place to rest our heads. Although NYC is vast with diversity, we are all inextricably bound together and are only as strong as our most vulnerable link.

360: How can a mayor, as opposed to any other civic official, lead unique positive changes for equity?

Morales: Over the past several months there is a mantra I have been repeating consistently: a budget is a reflection of our values. The mayor has executive power over what gets funded in the city and by how much. Funding for services that contribute to true public safety (access to housing, medical/mental healthcare, economic stability, job training, education) will provide access and opportunity to those who have historically been left behind by our elected officials. Line by line, the budget reveals the values of a city and government. The NYC budget passed in June was a failure. It failed the residents of NYC, who have been raising their voices in protest and demanding a divestment from law enforcement since May 29. It failed those whose lives have been lost at the hands of the NYPD. It failed communities of color that have been disproportionately impacted by violence and brutality.

The budget highlights the need for NYC leadership to put New Yorkers first by investing in communities. The NYC Mayor also has the ability to work to desegregate public schools and impact the quality of education provided to over 1.1 million students, many of whom are students of color living in poverty. This alters the course of a student’s life and provides an entry point to economic mobility and a true career trajectory. New Yorkers deserve a bold, transformational leader who is unapologetically committed to prioritizing justice in the budget’s bottom line. I fundamentally believe that those closest to the problem are closest to the solution. Our city needs a mayor that is in tune with her people and provides a vision for and direction for what is possible.

360: What are some of the most pressing or urgent issues that need attention within New York City, and how would you address them?

Morales: New York’s problems all stem from structural oppression by Race, Gender and Class, so our solutions must go deeper, all the way to the root causes. Too many New Yorkers are living in a time of scarcity, and that’s been going on since long before the virus hit. The are working two jobs, just barely surviving and always one misfortune away from losing everything. Instead of this “Scarcity Economy,” we need a “Solidarity Economy,” and that requires bold action. First, transforming public safety in the city by providing access to the same critical resources found in wealthy communities will be a critical step toward creating the long-term change we need for all to live in dignity. True public safety includes ensuring that every New Yorker has access to “life essentials,” like quality transportation, affordable housing, excellent and equal education and human-centered healthcare. All New Yorkers deserve access to these fundamental resources in order to live in dignity, and it is the necessary floor needed to break through glass ceilings.

Next, we must enhance and overhaul vital infrastructure requiring multi-part, creative solutions that address the deeper issues embedded in the fabric of NYC. To break the racist cycle of poverty that divides our city into the “haves” and the “have-nots,” we will establish a guaranteed minimum income. We will push for universal healthcare and eliminate inequities in the health system faced by women, and especially women of color. We will work to address the persistent segregation of our schools and disrupt the school-to-prison pipeline by replacing school safety officers with trained mental health professionals. The driving force behind all policy initiatives is the experiences, needs and voices of women of color. Particularly, Black women. As the Combahee River Collective wisely wrote in its 1977 statement, “If Black women were free, it would mean that everyone else would have to be free since our freedom would necessitate the destruction of all the systems of oppression.” We know that if New York does right by Black women, the entire city will be better for it.

360: How can you use your personal experiences with serving as a single mother and observing the many other challenges that face New York City residents to enact policy reform?

Morales: So many of New York’s problems have impacted me directly, and so much of who I am and what I know comes from being a mom. My greatest joy is being the mother of my two children, Ben and Gabby. They constantly push me, teach me and nourish me. As a single parent, I share experiences with hundreds of thousands of other New Yorkers. A 2018 study found that single-parent households are the second largest household type in New York City. I navigated New York City’s systems – economic, health and education – on my own. I balanced a budget for my family each month, figuring out how to make it work. My greatest challenge was parenting my children through the NYC education system. The rigid and unforgiving education that my children received did not allow any space for their learning differences. They did not see themselves in the white-centric curriculum and we struggled to find support during their developmental years. Advocating for my children was a full-time job on top of my paying-full-time-job. Again and again I have stood with parents for a more equitable and life-affirming education for our kids. It is with this same community spirit of coalition building, advocacy and bettering of our social safety nets that I will push for policies that support all types of families in NYC.

360: What is one of the most significant components of your background or experiential knowledge that separates you from any other candidate?

Morales: I am, in so many ways, the average New Yorker. I was born and bred in Bed-Stuy. I am an Afro Latina single-mom of two children who survived the New York City public school system. I am a first generation college graduate who came back home to my city after school. I am a woman of color who discovered that I was not being paid the same as my white male counterparts. I’ve watched my neighborhood change, I’ve seen Starbucks replace the corner bodega, and I have spent my weekends marching side by side – 6 feet apart – with my fellow New Yorkers demanding justice for those killed at the hands of a racist policing system. Because I am the average New Yorker, my voice reflects the voices of thousands of others. We share our lived experiences, frustrations and joys. I love New York City because I see our full potential for all of us.

360: How does your previous extensive work with social service nonprofits inform your motivations and goals to serve as Mayor?

Morales: For decades, I worked within the community to address structural inequities burdening communities of color. I worked alongside those experiencing the symptoms of our broken system most acutely – poverty, lack of access to education, homelessness and mental health services. I witnessed firsthand the day-to-day struggles of New Yorkers that are perpetuated by cycles of poverty and oppression. I worked from the ground, up and from the inside, out. But as I hammered away, I recognized these structural and institutional barriers, and began to ask, “So how do we burn them down?” It felt as though I was only tinkering around the edges of the problem and providing Band-Aid solutions to deep, deep wounds. The core, perpetuating issues were centralized and foundational. I realized that if I want to create lasting, effective change, I must address these systemic and political problems at the root. As Mayor, I would carry with me the voices of those I have served.

360: In outlining your points of action and reform for New York City, how does the COVID-19 pandemic affect any of these potential strides for change?

Morales: As we know, COVID-19 is a catastrophe that illuminates all of the cracks and splinters in our broken systems. At first, many claimed the COVID-19 was a “great equalizer,” affecting all people, regardless of race, class or gender. Instead COVID-19 disproportionately impacts people of color and low-income communities. This is not a coincidence or personal failing, but rather the direct result of racist systems, putting structural oppression in stark relief. While some New Yorkers are able to escape crowded areas, arm themselves with personal protective equipment and work remotely, others, namely people of color, are on the front lines providing essential services to our city.

As COVID-19 has had devastating consequences that will leave a lasting impact for years to come, it has also provided us with a unique moment. As we saw after the murder of George Floyd by the Minneapolis police, being homebound and isolated forces us to pay attention. We have paused. We have slowed down. With fewer distractions and a center of focus, folks all across the country have had the veil lifted. People are noticing the interconnected webs of oppression I have lived with and that I have been fighting to dismantle my entire life. In this moment, we need leaders in office who are of, by and for the movement for social change. There is a momentum and hunger for justice that can no longer be ignored. As we overcome the challenge of the disease, I will never let the city forget who is truly essential. Together we will create a world in which front-line workers are truly valued as indispensable. A world where we accompany our applause and platitudes with a livable wage, unquestionable dignity and real community power.

360: What are some of the most rewarding takeaways you have gained from leading several momentous organizations?

Morales: I’ve learned firsthand about the barriers and challenges that people have to overcome in order to gain access to opportunities that are alleged to be available to everyone. I also have watched as community members care for one another to bridge the gaps in access to those opportunities. This is testament to the power of our communities to be true partners in determining the solutions they face when given the resources to do so. Finally, I have been able to bear witness to what is possible when people finally gain access and opportunity and how that has the potential to change the trajectory of people’s lives and transform families and communities.

360: Regarding the national and global movement, Black Lives Matter, how will you utilize your unique identity to empower minorities in the City of New York?

Morales: Like many people of color, I have lived years of my life trying not to take up space. I have seen the ways that my identities – my Blackness, my Latina roots, my politics, my womanhood – make people, namely white people, uncomfortable. In these spaces I would constantly ask myself, “Do I seem too opinionated, too articulate, too aggressive?” I would contort and deflate myself to fit into tight corners and small boxes. I would shrink myself so that others could feel big. When making the decision to run for Mayor of NYC, I decided it was important for me to run as my full, unadulterated, unapologetic, multi-hyphenated self. There would be no more shrinking, questioning or self-doubt. I recognize that by the very nature of stepping into this space, I am opening up a path of possibility. As the first Afro-Latina running for mayor of New York City, I recognize the awesome responsibility I hold. I know that when I speak, unfairly or not, I am representing all Afro-Latina women. Missteps become mass stereotypes. Accolades become communal achievements.

This is both beautiful and deeply terrifying. But in moments of fear, I am guided by a greater purpose to bring with me those whom have been devalued and made to feel small, as I have been; to elevate the voices of those with shared experiences and claim our rightful place in democracy and representation in leadership. People like me, individuals and communities of color, women of color, we must be at the forefront of our politics and policies. I am deeply committed to divesting from racist systems and investing in Black and Brown communities. I am committed to reimagining public safety on our streets and in our schools. I am committed to shifting wealth opportunities to those who have been historically marginalized. I am committed to redressing and repairing the wounds of oppression that scar our city. I am in this race to stand taller in the face of a world that tells me to shrink. I am here to tell them that Black lives are beloved. We matter today and every day forward.

360: To all of the NYC citizens following your efforts to better numerous communities, what are some of the best ways individuals can support your campaign?

Morales: The best way to help me is to join the campaign with a small contribution. I am not a career politician, and unlike other candidates, I have not spent decades cultivating a war chest of people, networks and resources to kickstart my run for mayor. I want to be responsive to the people, not the special interests.. My campaign was born out of my home in Bed-Stuy, out of conversations with my neighbors, friends and colleagues. Our campaign is 100% powered by the people, not the 1%. We are an intersectional coalition of Black and Brown, Latinx, LGBTQIA and working class New Yorkers. We are backed by the people being hit the hardest at this moment in time. I am so incredibly humbled that in the middle of a pandemic, without employment, people are finding a way to donate to our campaign. I know what is at stake and the choices they have had to make to do so. If donating to our campaign is not possible for you during this financially uncertain time, we understand. Visit my website, dianne.nyc, for information and volunteer opportunities. Spread our mission to your fellow New Yorkers. Reach out to join our team. Remember me in November 2021.

To learn more about Dianne Morales, you can click right here. To learn more about her stances and solutions, you can click right here. To support Morales through donations, you can click right here. You can also support her on Twitter and Instagram.

Computer Scams illustration done by Mina Tocalini of 360 MAGAZINE.

Craigslist Safety Tips

Safety Tips for Avoiding the Most Common Craigslist Scams

When you ask people if they’ve heard of Craigslist, the answer is invariable “yes.” Not surprising, as the selling portal is active in more than 70 countries. But what people don’t realize is that craigslist takes in over $1 Billion in revenue each year, but there are only 50 employees in the company! That’s due to the fact that the buyers and sellers on craigslist do all of the work.

But what most people don’t know is people use craigslist to scam others out of merchandise, data and money. Never has “buyer beware” been more important to follow than it has on craigslist. So what are some of the things that you need to watch out for? Let’s look at some of the most common scams.

Big Ticket – Big Scam

If you’re looking to purchase a big-ticket item, like a car or even a house, and the seller doesn’t ask for a credit check before engaging in a transaction, stop! The seller is just trying to get your financial information and will take your money and disappear. Buyer beware on this because without question, this is a scam.

Something to remember: the Internet and social media have the unique identity to mask the identity of the person you’re dealing with, so even though they give you a name or email address, you have to verify that it’s true. Start with Nuwber, an easy-to-use online tool that will verify the true identity of the person you’re communicating with, simply by entering his or her phone number or other pertinent info. Once you’ve received their true identity, if the person whom you’re dealing with is not who they say they are, end all communication immediately. The person is a cybercrook and scam artist and they’re only out to rob you anyway they can. 

Here’s another tip: if someone would prefer to call you rather than text or email you, watch out. They want your phone number in order to gain access to additional data and information, so never give out your number. Always use Google Voice to make or receive phone calls, because it lets you use a phone number that is totally different from your own. And always use craigslist’s proxy email to avoid revealing your own.

Avoid Wire Transfers

A sure giveaway to a scam is when the seller asks you to use a wire transfer to pay for merchandise. This provides an opportunity for the cybercrook to steal your financial data or your money without ever sending any merchandise! Avoid wire transfers. If you do want to use PayPal, use the website to get a link – never use one that’s provided to you by the seller. They’ll simply send you to a spoof site where they can access all the account information you enter.  

By following these simple tips to protect yourself, you should be able to buy and sell using craigslist without any problems.

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Three Top Tips on Buying Your First Car

As soon as you pass your driving test, all you want to do is get out on the roads in your very own car. As exciting as this time may be, however, it’s still highly beneficial to exercise a bit of caution and patience. When it comes to buying your first motor there’s nothing smart about rushing in– doing so will see you face more problems further down the road.

Exercising caution doesn’t mean being inactive when it comes to finding the perfect car for you, though. You should still be proactive at this time, and you should still try to set up your life as a driver in the most fruitful way possible. To find three top tips on how to buy your first car in the right way, read on.

1. Sort out the financial aspects of the venture

Before you do anything else in your car-buying venture, you need to work out your budget as well as how much you are willing to spend. This is essential because it’ll stop your spending from spiraling out of control, no it’ll help you avoid paying too little and then having to face any buying regrets further down the line.

You also have to take future running costs into account. It’s no good just factoring the cost of the car into your financial plans. You also have to deliberate insuring the vehicle, getting it taxed, getting it tested, and then having work done to it to ensure it is roadworthy.

Something else that you must consider is how you are going to pay for your car. Are you able to buy the car outright, or will you be going down the financing route? Regarding the latter, if you wish to take out a car loan to cover your bill, then you should check out the best auto loans at Crediful.com. Doing so will help you make the most informed decision on the matter possible.

2. Be scrupulous when it comes to checking your chosen car

You may think that you have found the perfect car for you, but that might not necessarily be the case. Any vehicle can be made to look and sound good on the outside, but you cannot commit to anything until you’ve meticulously checked that your chosen car is in good working order. That means checking to ensure that the quality of your car is in keeping with its age, its model, and the number of miles it has to run; this means ensuring that the car can carry out all functions and purposes expected of it; and this means it matches its descriptions exactly. If you can’t perform these tests yourself, then have a trusted mechanic carry them out for you. Only then will any underlying problems with the car be unearthed, and only when these troubles are unearthed can you stop them from becoming actual headaches of yours.

If you want your first car to truly help you in your quest to grow as a driver, then it needs to be in full working order. Taking the above advice is the first step, but there is something else that you must do: take it for a spin. Only when you get behind the wheel yourself can you get a feel for the car’s capabilities. When you take it for a ride, you should test the clutch and the brakes to ensure they do not feel worn, you should head to a road where you can hit at least 60mph to ensure it is capable of high-speed driving, and you should make sure that the steering wheel does not vibrate while you drive.

3. Don’t trust everybody’s advice

As an inexperienced car owner, you will experience plenty of people sticking their nose into your car-buying business. The family members and friends of yours who own their own cars will try to give you an insight into car buying — their advice might come with the best of intentions, but they don’t know your situation quite like you do. There will even be car dealers out there who try to push you towards certain buys — the advice they give will be very much designed to sway you towards lining their pockets. This all means that the only person that you can really trust in this situation is yourself, and you’re the only one who can bring about the best results for you.

 

Your first car will always remain a favorite of yours, even after many years (and cars) have gone by. Be sure you invest in a car that’ll last for many years so that you do not have to worry about further expenses.

3 Top Tips on Buying Your First Car

As soon as you pass your driving test, all you want to do is get out on the roads in your very own car. As exciting as this time may be, however, it’s still highly beneficial to exercise a bit of caution and patience. When it comes to buying your first motor there’s nothing smart about rushing in — doing so will see you face more problems further down the road.

Exercising caution doesn’t mean being inactive when it comes to finding the perfect car for you, though. You should still be proactive at this time, and you should still try to set up your life as a driver in the most fruitful way possible. To find three top tips on how to buy your first car in the right way, read on.

1. Sort out the financial aspects of the venture

Before you do anything else in your car-buying venture, you need to work out your budget as well as how much you are willing to spend. This is essential because it’ll stop your spending from spiraling out of control, and it’ll help you to avoid paying too little and then having to face any buying regrets further down the line.

You also have to take future running costs into account. It’s no good just factoring the cost of the car into your financial plans. You also have to deliberate insuring the vehicle, getting it taxed, getting it tested, and then having work done to it to ensure it is roadworthy.

Something else that you must consider is how you are going to pay for your car. Are you able to buy the car outright, or will you be going down the financing route? Regarding the latter, if you wish to take out a car loan to cover your bill, then you should check out the best auto loans at Crediful.com. Doing so will help you to make the most informed decision on the matter possible.

2. Be scrupulous when it comes to checking your chosen car

You may think that you have found the perfect car for you, but that might not necessarily be the case. Any vehicle can be made to look and sound good on the outside, but you cannot commit to anything until you’ve meticulously checked that your chosen car is in good working order. This means checking to ensure that the quality of your car is in keeping with its age, its model, and the number of miles it has run; this means ensuring that the car can carry out all the functions and purposes expected of it; and this means it matches its description exactly. If you can’t perform these tests yourself, then have a trusted mechanic carry them out for you. Only then will any underlying problems with the car be unearthed, and only when these troubles are unearthed can you stop them from becoming actual headaches of yours.

If you want your first car to truly help you in your quest to grow as a driver, then it needs to be in full working order. Taking the above advice is the first step, but there is something else that you must do: take it for a spin. Only when you get behind the wheel yourself can you get a feel for the car’s capabilities. When you take it for a ride, you should test the clutch and the brakes to ensure they do not feel worn, you should head to a road where you can hit at least 60mph to ensure it is capable of high-speed driving, and you should make sure that the steering wheel does not vibrate while you drive.

3. Don’t trust everybody’s advice

As an inexperienced car owner, you will experience plenty of people sticking their nose into your car-buying business. The family members and friends of yours who own their own cars will try to give you an insight into car buying — their advice might come with the best of intentions, but they don’t know your situation quite like you do. There will even be car dealers out there who try to push you towards certain buys — the advice they give will be very much designed to sway you towards lining their pockets. This all means that the only person that you can really trust in this situation is yourself, and you’re the only one who can bring about the best results for you.

Your first car will always remain a favorite of yours, even after many years (and cars) have gone by. Be sure you invest in a car that’ll last for many years so that you do not have to worry about further expenses.

Staying Healthy When The Temperature Drops

Staying healthy can be a challenge when the temperature drops, we all know the feeling of being unprepared for the bitter winter wind and then catching a cold a few days later. With an abundance of medicines helping us to rid the cold faster, it may seem tempting to take out a quick unsecured loan to get you all the latest supplements and medication. However, with these loans in place for financial emergencies only, this is now a thing of the past! Here we are going to give you some top tips for staying healthy when the temperature drops, without breaking the bank.

Sleep

When tackling the winter months it is important to get plenty of sleep in order to strengthen your immune system and fight the infection as the number of germs increases. With the nights drawing in and getting darker earlier, there is plenty of time to rest up to help reach your recommended 8 hours of sleep per night.

Stay Warm

Another way of ensuring that you stay healthy during the winter months is to keep as warm as possible. Although the weather outside may seem bright and inviting, do not be fooled! The weather outside can still be bitterly cold, which can lead to you becoming ill if you do not stay as wrapped up warm. Get yourself a winter coat, a hat and a scarf as this will help you to stay warm and fight off any potential infection. In addition to this, drinking warm beverages and eating warm food can also help you to feel better and ensure that you are healthy throughout winter.

Eat Healthy

Arguably one of the most important ways of staying healthy when the temperature drops are your diet. Although it may seem tempting to go for all the unhealthy treats, many forget to focus on the vegetables and healthy alternatives. If your diet is balanced with a large number of fresh vegetables then you will get the vitamins that you need to help fight infection and help to keep you healthy against typical winter illness, such as the common cold.

In addition to this, staying hydrated during this time of year is also important, as it will help you to concentrate during work hours as well as allow you to maintain healthy bodily functions.

Avoid Caffeine

Caffeine is something that most people run to when it is cold outside. With the long, dark working days, it can be hard to get up in the morning when the bed is so warm, that is why most opt for caffeine at work and throughout the course of the day to stay warm. However, this could be making it worse! Although it may seem tempting to reach for the tea and coffee, it is best to keep to one or two cups a day and replace the rest with something warm such as a mug of soup.

Not only does caffeine have an effect on your concentration levels, but it also has a negative effect on your mood and your immune system.

As you can see, it is easy to look after yourself during the winter months without having to spend a fortune on supplements or medication.

ELLE Canada September Issue

ELLE Canada’s September 2018 issue features Tracee Ellis Ross as our cover star in a high-fashion photo shoot inspired by the best of the fall 2018 runways. In a playful and politically charged interview, Ellis Ross—who was recently nominated for an Emmy for her role on hit sitcom Black-ish—opens up about her love of fashion, growing up with Diana Ross, what she does with her downtime (including her secret to the best salads) and how she really feels about aging.

“I don’t want to feel like I’m hostage to an Instagram version of myself. My belief is that all these lines on my face and neck and the softness in my legs and my body are evidence of a life lived.”

Other issue highlights:

• Trend Report: Every trend we’re obsessed with this fall.

• ELLE Guide: How to create and define your own signature style.

• Feature: Are you being financially unfaithful to your partner?

The September issue of ELLE Canada, featuring Tracee Ellis Ross, hits newsstands on August 6, 2018.

MagnaReady × Stylish Options × Disabilities

There are over 50 million adults in the United States with a disability or health condition that limits their mobility in some way.

As we age tasks that used to be simple that we could complete without thinking twice about it become more challenging. Just turn on late night or early morning television and you will see dozens of informercials for gadgets that make it easier to hear, read, open jars, you get the idea. Until recently though, no one had come up with a practical way to make it easier for arthritic hands, someone who is missing an arm or fingers, or someone with another type of limitation to their mobility to grip and maneuver buttons into buttonholes.

There are those loop gadgets you can use to snag the button and pull it through a buttonhole, but those are not necessarily a time-saver and can still be very hard for some people to use. Unfortunately, it took a diagnosis or Parkinson’s disease to create an alternative option. Maura Horton created her patented magnetic closures for clothing after her husband, who was a college football coach, started to struggle with the buttons on his dress shirts. Because his job required him to travel with the team, Maura could not always be there to help Don. Instead of buttons, she thought why not magnets that would essentially be able to button his shirt for him?

It took some time to research and find the right type of magnets and perfect the design, but eventually Maura was able to create a dress shirt that looked no different to the unknowing eye, but that could restore independence to someone with upper body mobility challenges. Now, the patented MagnaReady magnetic closure technology is used in pants, polos, long sleeve dress shirts and short sleeve camp shirts, creating clothing options that are an intelligent and stylish choice for seniors or people with mobility difficulties of any age.

360 Magazine, MagnaReady360 Magazine, MagnaReady360 Magazine, MagnaReady

Why Dakota’s Thriving Economy Could Be a Good Bet

There are a number of factors that help decide whether a location is likely to be prosperous should you decide to set up home there. A recent study by Play USA took a look at all 52 states in the US and came up with a list of the ones that are thriving economically.

While states such as Alaska and Nevada may not be worth the gamble, you might be surprised to find that North Dakota, Washington and Massachusetts made it to the top of the table. All three have the fastest economic growth over the last decade and, according to the research, could well be pretty good places to settle down.

It’s long been known that the state of the economy in the location where you live is closely linked to your potential financial wellbeing. If you’re tempted by the prospect of the big city, however, you may be perplexed to find that New York lags a way behind states such as North Dakota.

The research looked at different parameters including growth in GDP, the rise in students going to college and percentage increases in house prices. Along with the number of new business that have started over the last ten years and levels of household income and employment opportunities, the list gives a good idea which states are currently the most prosperous in a purely economic sense.

The Top Five States With the Best Economic Prospects

  1. North Dakota: With a growth of 5.83% in new businesses and GDP up by 7.36%, it’s a surprise to find this state on the list. Growth has been driven by the oil industry over the last decade and this has led to a strong economic profile compared to many other states.

  2. Washington: Employment is up by just over 3% in the Garden State and household income has increased by 3.39% over the last ten years, some of which has been driven by the development in the information sector.

  3. Massachusetts: The state has seen a 3.42% increase in college admissions, which usually means that economic health is good, as well as boost to GDP of over 4%. Local household income took a big rise just before the financial crisis and jumped up 6%. Overall, it’s risen by 3.69% in the last ten years.

  4. California: You might expect this state to be on the list and that’s born out by a college admission growth of over 7%. Employment has also increased in a pretty healthy manner and is up by 3.35%.

  5. Missouri: Another surprise on the list, a 5.46% rise in new businesses indicates this state is the place to set up a company. Much of this has been due to high tech industries moving into the area.

The research was carried out using 6 measurements that point to good economic health between 2007 and 2018. You can view the full infographic on the Play USA website as well as download more detailed information about the performance of different states.

Missouri, California, Massachusetts, north Dakota, Washington, 360 MAGAZINE