Survey suggests half of Hoosiers spending 30+ percent of salary on rent

first_img Google+ Twitter Previous articleThree arrested in Warsaw during cross-country protestNext articleIvy Tech launches new career coaching program Network Indiana Facebook By Network Indiana – August 13, 2020 1 339 By Photos public domain [Public domain], via Wikimedia Commons On average, almost half of Hoosiers (47.8%) are spending more than 30% of their monthly income on rent. That’s according to a study done by the home security service Vio Security.“A lot of people have lost their jobs in the pandemic, which means people are having a lot harder time paying rent. Around the country, you’re seeing eviction bans happening, which I think is helpful,” says Rosemary Roller, media relations specialist at Vio Security.The moratorium on evictions in Indiana ends August 14.You’ve probably heard many financial experts say it’s not a good idea to spend no more than 30% of your monthly income on rent. Roller says that is hard to do in today’s climate.“We were curious as to how many people were following that rule. Overall, Indiana is fairing fairly well. Indiana ranks #20,” says Roller. “But there are other cities that are still spending a good amount of money on rent.”One of those cities is West Lafayette. Roller says more than 70% of people in West Lafayette are spending more than 30% of their income on rent. Roller says that number tends to be higher in cities or towns where there are colleges and universities (in West Lafayette’s case, Purdue University).Roller says one thing that helps Indiana has a “great investment market for real estate.”“It’s a very competitive housing market, which can contribute. Also, some people just choose to spend more on rent, so they can live in a city where they can enjoy the amenities more,” says Roller. “In Indianapolis, about 53% of residents pay a little more than 30% of their income on rent. A lot of people there are finding that they are enjoying the city life while also still being able to afford their rent.”If you think your rent is too high, Roller says there are things you can do.“Look into having a roommate if you think you can adjust to having a roommate. Also, consider living outside of a big city,” says Roller.36.5% of people in Highland are spending more than 30% of their monthly income on rent (lowest of any city in Indiana).Nationwide, North Dakota is the state with the fewest number of people spending more than 30% of their monthly income on rent (39.7%). Florida is the highest at 57%. Pinterest Twitter WhatsApp Pinterest Google+ Survey suggests half of Hoosiers spending 30+ percent of salary on rent IndianaLocalNews WhatsApp Facebooklast_img read more

Gail’s upgrades EPOS and stock control systems

first_imgGail’s Bakery has upgraded its EPOS and stock control technology across its 47 sites. Having outgrown the tablet and Wi-Fi system previously used in its bakeries, Gail’s has opted to use Access Hospitality’s EPOS and Stocklink programmes.The programmes have been installed with bespoke bakery ordering processes and staff training, as well as hybrid use of new and existing hardware, such as printers and cash drawers, to minimise costs, Access Hospitality said.Gail’s CEO Tom Molnar said: “We were happy to draw on the equipment and technology that Access offers, and also the best practice implementation. We’ve been impressed with the mix of professional services and delivery, so far.”In addition to the benefits of faster transaction times, Access Hospitality said that immediate efficiencies were also noticed within reporting systems with Gail’s head office, as the new system enabled live transactional data to be taken for staff to create their own business intelligence reports.Roll-out of the new systems is now complete, and further work has started to integrate e-commerce applications, including reducing waste within the stocking process, as the next steps in further business expansion.last_img read more