Posts tagged with "savings"

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Dogecoin Festival Postponed

The founders of the first Dogecoin Festival have rescheduled the Dogepalooza festival which was to be held on Saturday, October 9, 2021 in Sugar Land, Texas at Constellation Field. Recent governmental mandates and public safety measures were taken into account to postpone the festival until Spring 2022. 

“The venue, founders, entertainers, and organizers did not make this decision lightly, states Damon Elliott, entertainer and Grammy award winning producer. All the original entertainers will be back in the Spring of 2022. 

We continue to support Dogepalooza and look forward to seeing everyone next Spring.” Participants and fans can count on icon and legendary performer Dionne Warwick; Grammy Award winning producer, DJ, singer, musician, songwriter and composer, and friend of Dogepalooza, Damon Elliott; rising star and classically trained pianist, Chloe Flower, who accompanied Cardi B at the Grammys, and channels Liberace in building a career on musical mash-ups; Break Free Worldwide breakdance competition; White Sun, Grammy Award winner for best New Age album; Lil Mook, an independent artist; Jason Dmore, a singer, songwriter and entertainment artist; plus many more top entertainers.

 Recent announcements included the partnering of Dogepalooza with Dogemongo, a game that allows users to catch Dogemon and was tested by one of Benzinga’s reporters. A new version of the game will feature a battle modus, where users go to locations and try to catch the Big 3D Dogecoin. After a specific number of rocketball throws, the lucky person wins the Big 3D Rocketball, valued between $500 and $100,000. Some Big 3D Dogecoins will be featured at Dogepalooza. Participants at the festival will have a chance to win a substantial amount of money. Dogemmongo will also continue to be a part of the new festival date. 

All purchased tickets will be refunded. Once a new date is secured, tickets will go on sale. All contest winners will still receive tickets to the festival. “Public Safety is paramount in our decision-making process, adds Rebecca Miller, Executive Director of Global Operations for the festival. Dogepalooza is a fun and entertaining Community Give-Back and Involvement Festival. The new date enables us to continue to build our all-star line up and plan for an even bigger event when mandates and restrictions are lifted.” 

Dogeplalooza, an authentic community driven Dogecoin Festival, is still slated to be held in multiple cities and countries around the globe. The online Doge community consists of millions of members from the world, across all social media platforms. 

Massive digital media attention is swelling as the enthusiasm for the event continues to explode. The event is family friendly and open to the public. One of the biggest supporters of Dogecoin is Tesla, Inc CEO Elon Musk. Dionne Warwick who will make a special guest appearance is also a Dogepalooza supporter comments, “I’m still looking forward to be a part of this meaningful festival which supports so many vital causes.” 

The rescheduled date in Spring 2022 will include Live entertainment from national and local headliners, major artists & DJs, Food & Drink,  Dogecoin & Dogepalooza Merchandise, Vendors, Family Fun Park, Fireworks, Charities, and Educational venues for learning more about how to use, accept, and understand Dogecoin. 

Charities supported by Dogepalooza

 A portion of proceeds from ticket sales will be donated to the American Cancer Society, the Lupus Foundation, Disabled American Vets (DAV), the Humane Society of Oldham County, Multiple Myloema Research Foundation, Khan Academy, and the Cerebral Palsy Foundation.

hhuhuh via 360 Magazine for use by 360 Magazine

Best Personal Budgeting Methods

Budgeting is a surefire way to keep your finances under control both in the short and long term. Being aware of every aspect of your budget will help you spend less, as well as set and achieve your financial goals. Luckily, there are plenty of budgeting methods to suit every person. So, without further ado, let’s talk about the most popular approaches to budgeting.

Budgeting Apps

Before we proceed to the classic budgeting methods that have proven to be effective over time, let’s take a look at some budgeting apps that are steadily gaining popularity. Here are some of the apps with top reviews:

You Need a Budget (YNAB)

• Mint

• PocketGuard

• Personal Capital

• Zeta

• Simplifi by Quicken

Using apps for personal finance planning is extremely convenient as they enable you to have all the budgeting info you need at hand wherever you go.

Method 50/20/30

This method divides all of your spendings into three broad categories. Every time you receive money, it should be divided as follows:

• 50% – compulsory expenses. This includes utilities, rent, transportation costs, health maintenance, food. These expenses are approximately the same every month.

• 30% – irregular expenses. This includes entertainment, spending on hobbies, travel, etc.

• 20% – savings or repayment of existing loans.

If the obligatory expenses make up more than half of the income, then it is worth reducing the irregular ones. If less than half – then add the remaining money to savings.

The Classic Envelope Method

The simplest budgeting approach is the envelope method, which is used all over the world. It has evolved over time, and new ones have appeared on its basis. The idea is that you distribute all your income into envelopes, that is, the categories of goods and services on which you plan to spend money.

Then, every time you need to make a purchase, you take money from the corresponding envelope. If the category is important, such as food or health, then in critical situations, money can be taken from other envelopes. However, if it is entertainment or eating out, then it is not worth spending more than there is in the envelope. It helps you save money and meet your financial goals. At the end of the month, you can analyze your progress and change the volume of envelopes if it turns out to be unrealistic on the first try.

Priority-Based Budgeting

This budgeting method is commonly implemented by governments but works miracles for personal finances as well. Firstly, you have to list all the categories of your expenses and rank them from most to least important. Taking your budget as 100%, you should allocate a certain percentage to every expense category by priority. Thus, the mandatory expenses, such as bills, food, rent, transport, etc., should come first. Closing the list will be entertainment categories alongside non-essential shopping.

What If the Budget Was Counted Wrong?

Everyone makes mistakes, especially when it comes to financial planning. If you miscalculated your budget, you could always contact a reliable payday loans company, such as Payday Depot, to help you out while you are waiting for the upcoming salary.

graph via Mina Tocalini for use by 360 Magazine

Four Retirement Risks that Could Undermind Your Planning

Few things feel better than to finally arrive at retirement confident about all the planning and saving you did to cause it to happen. It was decades in the making, but now it’s here, and you have years left of life to enjoy without having to worry about work. Unfortunately, you may not be out of the financial woods yet. A number of risks to your retirement strategy can still lurk even as you appear to have safely arrived at your post-work destination. Some of the most common ones include:

A Significant Market Drop Shortly Before or Early In Your Retirement

We all know that what the market gives, the market can take away. But a sudden market drop right when you are reaching retirement can be especially devastating. You have less time to make a comeback, especially when you are starting to withdraw from those accounts at the same time the market is giving you fits. Think of it this way. If you have $1 million, and take a 10 percent loss, that’s a $100,000 drop, taking you to $900,000. Now let’s say the market rebounds 10 percent. That means you recover only $90,000 of the $100,000. And if you had withdrawn some of the money to live on, you will recover even less. One way to at least partially avert this risk is to begin moving some of your portfolio into more conservative investments as you near retirement age. When you were relatively young and in the accumulation phase of investing, you could afford to take some risks. But now your investment strategy needs to focus more on keeping what you have.

Inflation that Reduces Your Spending Power over Time

 Even when it seems like you have enough money in retirement, it’s possible you don’t if you’ve failed to factor in for inflation. Let’s take a look at that $1 million again and say that each year you plan to withdraw 4 percent, or $40,000, for living expenses. That $40,000 won’t have the same spending power in year 10 of retirement as it did in year one. That’s why it’s important to account for inflation as you are creating your financial plan and trying to determine how much money you need for retirement.

Unexpected Medical and/or Long-Term Care Expenses

 As you age, health problems can emerge that could quickly drain your money as you pay for hospitalizations, expensive prescriptions, and numerous visits to specialists. At some point, you could require long-term care, which comes with a staggering price tag. The average cost of a semi-private room in a nursing home is $7,756 a month, according to the Genworth annual cost of care survey. Genworth also reports that seven out of 10 people will require long-term care in their lifetimes. One option for planning for this is to purchase long-term care insurance, but there are other routes to explore as well.

Outliving your Assets

 People are living longer than ever, which is great, but longevity increases the odds that you could outlive your money. If you are calculating that you just need enough money for a 10 or 20-year retirement, you could be in for a surprise. For example, more than one in three 65-year-old women will live to be 90. For 65-year-old men, it’s more than one in five. Of course, many will live beyond 90. It’s best to expect a long life and plan your finances accordingly.

Conclusion

While all of these factors pose a significant risk to your retirement, a financial professional should be able to help you create a plan that will reduce some of your exposure. Retirement should be a time of enjoyment, not a time to fret over every dollar and how tomorrow could bring unpleasant surprises.

Artwork by and for use by 360 Magazine

5 things you need to know about NFTs

5 things you need to know about NFTs

Non fungible tokens. You’ve probably heard about the latest internet phenomenon that is dominating headlines in the art world and beyond.

Little wonder. Digital artist Beeple sold his artwork for an incredible £69 million ($96 million) earlier this year, while even Twitter founder Jack Dorsey got in on the act by attracting $2.5 million for his first-ever tweet.

If you’re wondering how you can get in on the action on the technology that promises to revolutionise the way we trade, here are five things you should know first.

They’re unique digital certificates of ownership…

A non-fungible token, or NFT, derives its name from the idea of fungibility. Put simply, this is the idea that something can be replicated, or traded for something else of a like kind. A 10-dollar bill is a prime example of a fungible item: there are billions of them in existence thanks to the US Federal Reserve printing them out regularly, which means their value will always be kept to whatever 10 dollars is worth. It can also easily be traded to buy 10 dollars’ worth of goods or service.

A non-fungible item, on the other hand, is completely unique. Take a winning lottery ticket: yes, someone else might have the same numbers as you, but it’s impossible to replicate that ticket at will.

The Mona Lisa is another example. People can copy it, but they’ll never produce the original. This is why Da Vinci’s masterpiece is priceless – and non-fungible.

When somebody has something non-fungible, then it’s natural that they want to certify its validity. This is where an NFT comes in: it’s a unique virtual certificate that is verified by Blockchain. A Blockchain acts as a kind of independent secure public ledger, so that people can see the details of the transaction and who owns the item.

In short, it’s an assurance of authenticity – and people are prepared to pay big money for the NFTs of certain things.

… but people can still download digital copies of an item

It’s important to note that an NFT doesn’t prevent people from digitally copying the item in question. With a physical piece of art, you control where you keep it and who sees it, but people can still download an NFT artwork to their own collection if they want.

The value in an NFT, therefore, is proving that you own the original version of that work, rather than a copy.

So, while a digital copy might be a cool thing to have, its value will never actually increase. An NFT, on the other hand, ensures that a coveted work achieves its true value for being the original.

A good example is an NFT for an album. Fans can download digital copies, but the musician with its NFT is the only one who can claim to be the owner — and earn a percentage of the resales and royalties.

They’re collectibles

Anyone who likes to collect things knows that most of the fun comes from having something that other people don’t have. Whether it’s a rare type of stamp or football sticker, there’s a certain thrill in possessing something special.

NFTs are the ultimate collectible. In the NBA, some of the most memorable clips in the organisation’s history have been converted into the tokens so that fans can buy and trade them. While fans can still view any clip they want, some of the most wanted sell for thousands of dollars, simply so the owner can say they possess it — and potentially sell it later, of course.

The human need to collect things is something that runs deep, something that some theorists say harks back to our hunter-gatherer days when survival meant accumulating as many things as possible. It might explain why the NFT craze has taken off so rapidly and ensure that it continues to dominate the headlines for some time yet.

They could eliminate ticket fraud

Ever paid over the odds for concert passes or, even worse, unwittingly bought a forged ticket? NFTs may make this a thing of the past.

If an event organiser uses the token to sell tickets, they would have a cast-iron seal of authenticity and fraudulent sellers would be unable to replicate them. What’s more, because blockchain allows the NFT owner to verify which tickets are acceptable, they will have the control to reject those that are sold above their face value and prevent the transaction.

This promises to be a huge business with so many major artists expressing their dislike of ticket fraud in the past. Platforms such as Mintbase already allow organisers to easily produce tickets as NFTs and the process is likely to get even simpler over the next few years.

It has led to some bizarre ideas…and will continue to do so

Monochrome Bleu Numérique. It might sound like a French arthouse movie, but it’s just a blue rectangle. Or, to be more precise, a digital artwork of a blue rectangle.

It’s one of many unusual ideas that are being sold as a non-fungible token on Rarible, the website where people can trade NFTs. The artist behind it, Damien Thirst, admitted that it was ‘a bit of a joke’, but wanted it to challenge the concept of ownership in the digital world. It certainly has people talking, and its price was set a 0.3 Ether (the cryptocurrency for Blockchain platform Ethereum), or $1,173 at the time of writing.

Other bizarre NFTs include buyers paying over half a million dollars for a picture of a New York Times column and a similar amount for a ‘digital house’ that is, naturally, impossible to live in.

It’s fitting for a concept that seeks to challenge the way we view ownership. While we can use NFTs to improve our lives, maybe we should accept that there are certain aspects of this technology that we’ll never fully understand.

elderly illustration by 360 Magazine

How Do You Know That You’re Ready For Retirement?

It’s Not Just The Finances.

An intriguing find once emerged from a RAND Corp. survey on Americans and their working conditions. It turned out that 40 percent of employees that are age 65 and older had previously retired, but something lured them back to the working world.

In some cases, financial troubles might have been the cause. But often the reason is that people neglect an important component in their retirement planning. They don’t think about what they will do with their extra time, or how they will give their life the meaning and purpose that work had provided, says Patti Hart, co-author with her husband, Milledge, of The Resolutionist: Welcome to the Anti-Retirement Movement.

“Money is certainly important, but it’s not the only thing that determines whether your retirement is a success,” she says. “It may be that you are financially ready to retire, but are a long way from being emotionally ready.”

The Harts offer tips for figuring out when to retire and for making sure you’re successful when you do:

  • Know your catalysts. Identify milestones or signs that will let you know you are ready to embark on a new post-work life, Milledge Hart says. Yes, that could be when you’ve accumulated a certain amount of savings. But it might also be related to when your spouse quits their job, or when your children graduate college and head out on their own. Maybe your plan is to work until your health gives out. “Knowing your catalysts can mean the difference between successfully transitioning to a fulfilled life after your career is over, or boomeranging back to the full-time workforce simply because you didn’t know why you quit to begin with,” he says.
  • Plan ahead to avoid separation anxiety from work. For many people, moving from the excitement and fulfillment of a career to the quietness of retirement is too much, Patti Hart says. They develop a form of “separation anxiety,” longing for their old way of life rather than venturing boldly into the new one. “You need to make a plan for what you want to do in your new post-career life so you aren’t floundering when you get there,” she says.
  • Get comfortable with the uncomfortable. At work, people are thrown into uncomfortable situations and have no choice but to face them head on. In retirement, it’s easier to avoid discomfort, but doing so diminishes your confidence, and you miss out on opportunities for personal growth and fun, Milledge Hart says. “It would seem counterintuitive to think that being uncomfortable brings happiness, but it does,” he says. “Go at life as if it’s an adventure – because it is. When you accomplish something you didn’t think you could, you get a jolt of endorphins that drives you to your next challenge.”
  • Learn to be your own best friend. Even when people want to try a new hobby or activity, they sometimes are afraid to do it alone. “In retirement, you might not have the social network you once did,” Patti Hart says. “You may long for a good friend you can rely on.” But if you think about it, she says, you already have that friend–yourself. So as you prepare for retirement, be ready to go solo on occasion. “When you get to this stage, you will often find that some things on your list are on your list alone,” she says. “No one in your universe shares your interest or has the time to join you. That’s all right. If you are going to continue to grow, you need to sometimes feel like you did something completely on your own.”

“Don’t convince yourself that in retirement you are going to be destined to a life of watching evening game shows and baking pies, unless of course that is what you love to do,” Milledge Hart says. “My advice is nothing is off limits, so reach for the stars. Look forward rather than backward, and embrace the new you.”

About Patti and Milledge Hart

Patti and Milledge Hart, co-authors of The Resolutionist: Welcome to the Anti-Retirement Movement have spent more than 30 years as executive leaders in numerous technology and investment banking businesses. Today, in what they refer to as the “Resolutionist,” rather than retirement, phase of their lives, they are applying their resources and skills in new ways to advance philanthropic and corporate activities around the globe.

5 Ways to Save More Money for a Down Payment on Your Home

There are plenty of reasons to buy your own home. Some of them are practical. In many places, mortgage costs are lower than rent. There are tax breaks associated with having a mortgage. A house can also be an excellent investment. However, many of the reasons are also emotional, and you may find yourself wanting to a buy a home even if it might not be the optimal financial decision. 

It can be comforting to know that you are not reliant on the whim of a landlord. If you are a DIY type, you may long to have a place of your own that you can put your stamp on. One of the big barriers to homeownership is money, and having more money for a down payment can get you a better payment plan. Below are several ways to help you save for this down payment.

Make a Budget

This is the first, fundamental step. Making a budget nearly always means that you will find places where there is waste, and you can put this money toward a home instead. Even though you are probably enthusiastic about saving, you should make sure that you don’t cut your budget to the absolute minimum because this is too hard to stick to. A budget that you can live with allows slow and steady savings.

Sell Your Life Insurance Policy

You might actually not realize that you have some valuable items that you could sell, such as your life insurance policy. Both permanent and term coverage can be sold, and it only takes a few seconds to get an estimate of your policy’s value. If you are single and do not have dependents, this might be a particularly attractive option. On the other hand, if there is a family that depends on you and they would need the money from the policy if anything happened to you, you may want to look at selling other items.

Sell Other Items

You can make money selling clothing, furniture, books, cookware and more. Whether you want to put them online, have an old-fashioned yard sale or take them to a consignment or other shop that buys used items, this is a quick way to make some cash on things you weren’t using anyway—and you won’t have to move them to your new home.

Gig Work

Gig work can be a great way to pick up some extra money because unlike a part-time job, it requires little commitment. You can deliver food, give people rides, walk dogs, mow lawns or do any number of other things and put away everything that you make toward your down payment. You might be surprised at how fast this can add up.

Look for High-Interest Savings

You can turn the money that you’re making from all of the above suggestions into even more money if you can get paid interest on it. While many traditional savings accounts offer low interest rates, if you do not need access to your down payment money for a while, you might look into certificates of deposit and other vehicles that may give you higher rates and make you some money without having to do anything at all.

Has COVID Clouded Your Retirement Picture? 3 Tips To Plan Clearly

Some people planning for retirement may do most of the right things in terms of saving and investing. But they don’t have a crystal ball and cannot foresee exactly how much money they will need in their non-working years – or for how long.

That uncertainty – magnified by the financial effects of COVID-19 – is one reason why it’s important to always keep the distant future in mind when planning and to consider all options that address those potential needs, says John Smallwood, president of Smallwood Wealth Management and author of It’s Your Wealth – Keep It: The Definitive Guide to Growing, Protecting, Enjoying, and Passing On Your Wealth.

“Too often, people are siloed in their view of their financial plan rather than focusing on the big picture,” Smallwood says. “Sometimes, it’s because they believe in a pitch that one magic product or investment is going to save their retirement.

“The pandemic causes some people to look for fast solutions, but there is no magic wand that you can wave and save your financial plan. The ‘magic’ that is going to help you is to put multiple products and multiple strategies together in an integrated way that is unique to you.”

Smallwood says those either starting or reevaluating a financial plan should consider these points:

  • Avoid cookie-cutter solutions. Because every person’s circumstances are different, a one-size-fits-all approach in financial planning doesn’t make sense for the future retiree, Smallwood says. “Whether it’s a mutual fund, insurance policy, annuity, a stock option, 401(k), or something else, the truth is that banking entirely on a single product or type of investment is setting you up for financial failure,” Smallwood says. “There are always popular products being pushed, but cookie-cutter solutions don’t take into account that every client has different financial pressures. Single products are often focused tightly on rate of return, but they don’t look at everything that’s happening in a person’s life or at erosion principles, which are actually taking away more wealth than is being accumulated in many cases.”
  • Know how to minimize market volatility. Smallwood says having measurable goals and a realistic view are important to success with a financial strategy. And part of that strategy includes understanding and minimizing the impact of market volatility on your money. “One way to make a sense of it all is to know the difference between average rate of return, sequence of returns, and actual return,” he says. “Average rate of return is over the life of an investment. Sequence of returns is the order in which your investments provide you with a return. Actual return is the actual amount of money gained or lost during a quarter or year compared to the initial value of an investment.”
  • Don’t get caught up in chasing returns. “Financial success does not come from chasing returns or selecting a magic product or asset class,” Smallwood says. “It comes from having a balanced plan, and then stress-testing that plan for weak areas to see how taxes, feeds, inflation, medical expenses, market volatility, college expenses and other variables can impact wealth potential. People who chase returns typically buy an asset class, or they buy a fund based on its past performance. If it doesn’t do well, they sell it, and they buy the next hot-performing fund. That’s how they fall into the trap that keeps eroding their wealth.”

“To be successful with your retirement plan,” Smallwood says, “you need to keep an open mind, understand your uniqueness, and not follow the crowd in terms of what are the right solutions for you.”

About John L. Smallwood, CFP®

John L. Smallwood is a senior wealth advisor (www.johnlsmallwood.com) and president of Smallwood Wealth Management and affiliated companies, providing investment consulting and financial plan design for corporate executives, entrepreneurs, and professionals. He is the author of It’s Your Wealth – Keep It: The Definitive Guide To Growing, Protecting, Enjoying, And Passing On Your Wealth, and a previous book, Five Ways Your Wealth is Under Attack.

Lexus ES, Vaughn Lowery, 360 MAGAZINE, NYC, rooftop

Benefits of SIP Termination Systems

Today, businesses cannot survive without efficient communication with partners and clients. In the digital age, landline systems of the past have become largely obsolete. You may often hear of VoIP and SIP as two major tech phenomena facilitating calls over the web, often for free.

Voice over IP is a well-known technology for Internet-based calling.
We all know that Skype users can call and see each other, and instant messengers offer similar features free of charge. When two people are online, they can talk freely. But what if you need to reach a cell phone number from an Internet-connected device? This is where SIP termination comes into play. If you choose your provider correctly, the benefits will be tangible.

The Term

The abbreviation stands for session initiation protocol, and termination refers to outbound calling. This option enables outgoing calls from Internet-based telephone systems to regular ones, whether cellular, or PSTN (public switched telephone network).

This way, you can make voice calls from your IP-based device (VoIP) to external phone networks anywhere on the planet. This outgoing call option is opposite to SIP origination, which refers to incoming calls to VoIP devices. A special number, referred to as either DID or DDI, will be assigned, and it is suitable for anyone who calls you, whether using a cell phone or PTSN.

When such a call is received, it is directed to your SIP user or IP address and can be answered from a VoIP/SIP device.


Advantages to Consider

1. Cost-cutting

The first obvious advantage of using the service is saving on communication costs, which are often significant, especially for international calls. You will be able to contact your partners, both locally and overseas, at a reduced cost.
For example, if you are based in the USA, but communicate with partners in Asia, they may call you on your DID number, which will cost them less. Meanwhile, you will be receiving calls in your American office via IP technology. You may be offered an unlimited number of channels that can be active at the same time, with payment per minute.

Tariffs generally depend on the following factors:


● the provider,
● the number of active lines (unless unlimited),
● the destination country,
● the city,
● the receiver’s mobile operator.

2. Format Diversity

SIP termination will make possible not only voice calls. The service may include extra features, such as video conferencing, instant messaging, streaming media, and even online games.

3. Expanded Reach and Flexibility

There are clear benefits for any company, regardless of type or size. SIP termination offers a market opportunity that should not be overlooked. Multinationals, airports, banks, and hotels are embracing the technology.

Overall, SIP systems are becoming increasingly widespread, and for a good reason. They help companies of any size and sector to streamline communication with partners and customers. SIP enables effortless communication between regular phones and IP-based devices with no geographical constraints.

Pride Month Promotions

Woodbury Common Premium Outlets announced today that it is offering month-long promotions in honor of Pride Month. Additionally, the world-class shopping destination will host a Block Party on Saturday, June 22, 2019, as a way to show support for LGBTQIA+ rights, culture and communities.

All month long, Woodbury Common is offering all shoppers a complimentary Pride Pass, which includes special retailer savings exclusively for Pride Month. Participating retailers include: Barney’s New York Warehouse, Columbia Factory Store, Dylan’s Candy Bar, Frette, J.Crew Factory, La Perla, MaxMara, Molton Brown, Theory, Theory Men, Tommy Hilfiger and Vince. Visitors are encouraged to stop by Guest Services in Market Hall through June 30 to pick up their passes.

The I LOVE NY heart at the Hudson Valley/Catskills Welcome Center will be colored rainbow for the month, and pride accessories will be available on a first come, first served basis at Guest Services. Additionally, the Hudson Valley’s only Shake Shack location at Woodbury Common has updated its menu to include a Pride Shake available throughout the month of June.

On Saturday, June 22, the Outlets will host a Block Party which includes property-wide retailer activations, a Pride tattoo tent, a DJ, giveaways and the Woodbury Common Treat Trike. Shoppers will also gain access to exclusive in-store specials such as ‘Happy Hour’ at Sugarfina with samplings of the retailer’s favorite alcohol-infused sweet treats, food demonstrations at Le Cruset, and gifts with purchase at Theory Men and BCBG.

Swag bags filled with retailer goodies and Woodbury Common-branded items such as water bottles and sunscreen will also be available along with the Pride Pass on June 22.

“Woodbury Common welcomes more than 13 million visitors annually – from all over the world and every walk of life,” said David Mistretta, General Manager at Woodbury Common Premium Outlets. “We want to show our support for members of the LGTBQIA community and offer them an unforgettable experience when they visit our center. Throughout the month of June, shoppers will be able to take advantage of retailer discounts in addition to our everyday savings of up to 65 percent. Plus, our block party will provide festivities for members of our local community to engage in and show their support for this important initiative.”

This year marks the first WorldPride celebration in the U.S. honoring the 50th anniversary of the Stonewall Uprising. Throughout the month, New York City will welcome visitors and residents alike for a once-in-a-lifetime experience.

WorldPride is a statewide celebration, with events taking place from Pride on the Beach on Long Island to a special exhibit at the State Capitol in Albany featuring the AIDS quilt, to Pride at the Falls at Niagara Falls with a free concert by the Buffalo Philharmonic, fireworks and the falls lit rainbow. In the Hudson Valley, there will be additional commemorative WorldPride events such as Picnic with the Roosevelts: A Human Rights Celebration in Hyde Park, and NY Pride at the Vineyard at Millbrook Vineyards and Winery.  

Visitors are encouraged to sign up for the VIP Shopper Club to receive the latest updates and exclusive offers from the most sought-after retailers. Membership is free. To learn more, visit premiumoutlets.com/vip. 

About Woodbury Common Premium Outlets

Conveniently accessed from New York City via the New York State Thruway at Exit 16, Woodbury Common Premium Outlets features 250 stores including Tory Burch, Celine, Nike, Bottega Veneta, Michael Kors, Burberry, Coach, The North Face and more, all at a savings of up to 65 percent every day. Market Hall offers a variety of dining opportunities including Chipotle, Pret A Manger, Pinkberry and more. To learn more, visit  premiumoutlets.com/outlet/woodbury-common.

About Simon

Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. For more information, visit simon.com.

About Simon Premium Outlets®

The global Simon Premium Outlets portfolio offers exceptional brands at extraordinary savings through a diverse mix of luxury, designer and homeware retailers. Our Simon Premium Outlets in the United States, Puerto Rico, Canada, Japan, Malaysia, Mexico and South Korea are some of the most iconic and productive shopping destinations for residents and travelers including Woodbury Common (New York City), Orlando Premium Outlets, Desert Hills (Palm Springs), Las Vegas Premium Outlets and Wrentham Village Premium Outlets (Boston). For more information visit premiumoutlets.com or follow Premium Outlets on Facebook, Twitter, Instagram and Pinterest.