Yoga studios and gyms, even fitness centers found in the average apartment complex, have been closed as a response to the spread of COVID-19. As a result, people are left needing to find alternative ways to stay active in order to meet their fitness goals. For people who prefer exercising with a group, navigating through this might be a bit tough as you are looking for ways to stay in shape while social distancing.
Social distancing while living in an apartment can be tricky. Especially when you are looking for ways to get outside and exercise. It is important to understand that at this time, social distancing is one of the best ways to slow the spread of the coronavirus. However, this does not mean that you need to stay inside your apartment binge watching Netflix. Maintaining good health habits is important, especially right now. If you are at a loss of things that you can do to stay in shape, here are a few fun ideas that you can practice while still maintaining social distance.
Most areas have local trails nearby. If you have a car, driving to one of these areas can be a great way to get out of the house and enjoy some nature. You can hike the trails at a national or state park. In fact, many neighborhoods offer trails that you can run, bike, or walk on.
Take a few minutes to do a bit of research and chances are you will be surprised at how many public trails there are around your apartment complex for you to enjoy. The official website of your town is likely to offer information about different city trails that you can enjoy. You can also search your county and state websites for more information about what trails are currently open for you to enjoy.
Remember, when you are running on a trail, you should maintain a six-foot distance between yourself and others who might be out enjoying the trail. If necessary, slow your pace or go around the other person at a safe distance while you are out.
Taking a walk or a jog along the side of the road is a great way to get outside and exercise. With fewer cars on the roads these days, running along the side of the road is fairly safe. You should maintain distance and be careful, but there are plenty of neighborhoods around your apartment that you can take a run through. Your apartment complex likely has areas that you can run in as well. If necessary, you could just walk around the different buildings throughout your apartment complex. Choose different paths and learn more about the area that you live in, all while maintaining social distance.
Yoga is a great form of exercise that can relieve stress. All you really need for this type of exercise is a yoga mat or a soft surface such as a grassy field. Of course, you can practice yoga from the comfort of your home, but if you are looking for a way to exercise outside, pack up your mat and head to an open area. There is a good chance that you will not have to go very far from your apartment to find an open area where you can practice yoga. There are parks that have open areas where you can spread out, enjoy the great outdoors, and strike some yoga poses.
If you are looking for something fun to do, that is also a form of exercise, why not build a kite and take it out to fly? Flying kites may seem like something that will not give you much exercise, but when you are sprinting to get it up in the air, you are definitely going to be winded afterwards. Kite flying is a great social distancing activity because you will be in an open field, away from others. Plus, who doesnât love the idea of getting a kite up in the air and watching it soar?
If you are used to group exercise, join a virtual accountability group. Create a step challenge among your friends. Social media provides a great way to stay connected and motivated. You could even put up flyers in your apartment complex for an exercise competition group. You can use a social media app to track goals and possibly even come up with prizes for the winners.
Read How to Exercise Outside While Social Distancing on Apartminty.
If you have a special child in your life, you may be wondering what to put under the tree this year. One long-lasting and truly meaningful way to show the child in your life that you care is by taking a few minutes to set up a UGMA/UTMA account and give them a leg up in life.
The earlier you open a UGMA or UTMA account for a child, the longer your initial gift has to grow, thanks to the magic of compound interest. For example, investing just $5 a day from birth at an 8% return could make that child a millionaire by the age of 50. By setting up a UGMA/UTMA account, youâre really giving your beneficiary a present that grows all year round. Now, thatâs a gift theyâre sure to remember!
UGMA is an abbreviation for the Uniform Gifts to Minors Act. And UTMA stands for Uniform Transfers to Minors Act. Both UGMA and UTMA accounts are custodial accounts created for the benefit of a minor (or beneficiary).
The money in a UGMA/UTMA account can be used for educational expenses (like college tuition), along with anything that benefits the child – including housing, transportation, technology, and more. On the other hand, 529 plans can only be used for qualified educational expenses, like summer camps, school uniforms, or private school tuition and fees.
Itâs important to keep in mind that you cannot use UGMA/UTMA funds to provide the child with items that parents or guardians would be reasonably expected to provide, such as food, shelter, and clothing. Another important point is that when you set up a UGMA/UTMA account, the money is irrevocably transferred to the child, meaning it cannot be returned to the donor.
Tax advantages of a UGMA/UTMA account
The contributions you make to a UGMA/UTMA account are not tax-deductible in the year that you make the contribution, and they are subject to gift tax limits. The income that you receive each year from the UGMA/UTMA account does have special tax advantages when compared to income that you would get in a traditional investment account, making it a great tax-advantaged option for you to invest in the child you love.
Hereâs how that works. In 2020, the first $1,100 of investment income earned in a UGMA/UTMA account may be claimed on the custodianâsâ tax return, tax free. The next $1,100 is then taxed at the childâs (usually much lower) tax rate. Any income in excess of those amounts must be claimed at the custodianâs regular tax rate.
While thereâs no doubt that UGMA/UTMA accounts have several advantages and a place in your overall financial portfolio, there are a few things to consider before you open up a UGMA/UTMA account:
Many financial services companies and brokerages offer UGMA or UTMA accounts. One option is the Acorns Early program from Acorns. Acorns Early is a UGMA/UTMA account that is included with the Acorns Family plan, which costs $5 / month. Acorns Early takes 5 minutes to set up, and you can add multiple kids at no extra charge. The Acorns Family plan also includesÂ Acorns Invest, Later, and Spend so you can manage all of the familyâs finances, from one easy app.
During a time where many of us are laying low this holiday season due to COVID-19, remember that presents donât just need to be a material possession your loved one unwraps, and then often forgets about. Give the gift of lasting impact through a UGMA/UTMA account.
The post Why UGMA/UTMA Accounts Are the Perfect Holiday Gift appeared first on MintLife Blog.
We are a month and a half into quarantine and date nights in many households have devolved into, âWhat have we not seen on Netflix yet?âÂ While we are all ready to get back out and about, there are plenty of fun date night at home options to help you enjoy and appreciate your partner.Â This post is partially inspired by the fact that we are celebrating our wedding anniversary tonight and I was already doing so research on what to do this weekend.Â I figured if I was already doing the work, I might as well share the wealth with you all!Â Â
Check out a few of our best date night in ideas
Name that Tune
This really is a fun activity that we typically do on road trips, but it works just as well for date night.Â Play each other your favorite songs from different eras or events in life.Â Â
What song was popular when you went to your first school dance?Â Did you ever learn a choreographed dance to a song?Â What was it?Â What was your first favorite country/hip hop/punk song?Â Did you ever dedicate a song to someone on the radio? Make a mixtape?Â First breakup/heartbreak song you listened to 100 times?
Music is such an integral part of our memories.Â It is sure to bring out some great stories from your partner that you have never heard before and some great stories from your past that you may have completely forgotten about. All you really need is a Spotify account, your beverage of choice!
This is an amusing challenge for the nose and tastebuds.Â Taste three (or five–no judgment here) wines and figure out which is which based solely on the tasting notesâ¦.you know the âhints of pencil lead and cranberry.âÂ This can be made romantic with dim lights and some candles or you can make this more upbeat with some fun background playlists.
Optional additions to make the night more festive: Cheeses, nuts, olives, crackers, honey
Minute to Win It
Impress each other with feats of strength and balance.Â This is an evening bound to be full of laughter.Â Check out this video for inspiration! Challenges include…
Sweets for Sweethearts
Bake together…even if neither of you is an expert in the kitchen, learning something new together is good for relationships!
Here are some recipes that have videos to go along with them
For easy cooking try these 3 Ingredient Desserts
For all those ripe bananas on your counter
For when you can only be trusted with the microwave
It sounds silly, but this really can be a learning experience. If youâve been together you may think you know all the answers…but remember peopleâs tastes and preferences change.Â Do you really know that sweet tarts are still his favorite candy? Or is Paris still her number one destination? The answers could surprise you!
Yes! This is actually possible via Netflix Party. Â Pick a movie ahead of time, grab the popcorn and candy and chat with your favorite duo.Â Â
Take a trip down memory lane
Look at each otherâs pictures from your favorite vacation together.Â Youâll be surprised to see the vacation through their eyes and their memories.Â You can relive the best times together and appreciate it in a whole new way.Â Bring in even more sensory memories by adding a favorite food or drink you discovered during that trip.
Or Take a Virtual Trip
Ever wonder what Venice is like during lockdown?
Join Travel Curious on their next tour with your Venetian born guide, Luca, who will take you on a live virtual walking tour of Venice and will end up in the Venetian mask-maker artisan shop.Â
Join for free on their Instagram Live feed on May 15 2020 at 15:00pm BST / 10:00am EST
Read What to Do this Weekend: Date Night In Ideas on Apartminty.