Bruce Springsteen Announces New Limited-Edition Vinyl Box Set

first_imgToday, Bruce Springsteen announced a brand-new limited-edition and numbered vinyl box set of dubbed The Album Collection Vol. 2. The compilation stands as a follow-up to 2014’s The Album Collection Vol. 1, which cataloged Springsteen’s live and studio output from 1973 to 1984. With this new collection, Springsteen offers a sampling of live performances and studio recordings from 1987 to 1996 over the course of 10 LPs.As explained by The Album’s webpage:All four of Bruce Springsteen’s studio albums from this period were certified gold, platinum or multi-platinum by the RIAA, with three reaching the Top 5 of the Billboard 200. The Vol. 2 collection follows the 2014 release of Bruce Springsteen: The Album Collection Vol. 1, 1973-1984, which included newly remastered editions of the first seven Bruce Springsteen studio albums.The Album Collection Vol. 2 contains a number of classic albums and live recordings from 1987 to 1996, all of which have been newly remastered for vinyl by renowned engineer Bob Ludwig and Springsteen’s longtime engineer Toby Scott. The set includes 1987’s Tunnel of Love, 1988’s Chimes of Freedom EP, 1992’s Human Touch and Lucky Town, 1993’s In Concert/MTV Plugged, and 1995’s The Ghost of Tom Joad. Notably, the collection will also include the first-ever vinyl pressing of 1996’s Blood Brothers EP. As noted in the box’s description, “All of this material comes in recreations of the original packaging, accompanied by a 60-page book featuring rarely seen photos, memorabilia and original press clippings from the period.”You can get Bruce Springsteen’s brand-new, expansive vinyl box set when it’s released on May 18th via Columbia/Legacy, with preorders beginning on March 30th.last_img read more

How to pay off your mortgage in just 7 years

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:55Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:55 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenPay off your mortgage in no time with these tips!00:55THE struggle is real for Queensland homeowners, with new figures showing we are experiencing the second highest rates of housing stress in the country after Sydney.But even with the increasing cost of soaring childcare and utility costs, one homeowner believes it is possible to pay off your mortgage in just seven years.Rachel Smith, author of Underspent, saved more than $50,000 in one year by quitting impulse shopping and embarking on a strict saving program.Rachel Smith paid off her home in just seven years and wrote a book about it. Picture: Liam KidstonThe 40-year-old also paid off her mortgage in the United Kingdom in seven years by doing four things — earning, learning, yearning and returning.GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HEREHomeowners are experiencing housing stress, but there are ways to save money according to a Brisbane author.While Ms Smith was working full time as an engineering consultant, she was also a part-time scuba diving instructor, a casual literacy tutor and a silver service waitress.“If you’re young and you’re determined — even if you’re old and determined — you can do anything,” she said.Then came the earning part.“I rented out my driveway, my garage, my spare room, scuba diving and camping equipment,” Ms Smith said.“Even if you only get $10 for a scuba tank. it’s all those little bits of money that add up.“People think; ‘I’m not going to worry because it’s only five bucks, but if you put all that money in a bank account with compound interest, then it grows and grows.”GEN Y TO DRIVE DECADE-LONG HOUSING BOOMA Brisbane author says it is possible to pay off a mortgage in just seven years.Here’s the really hard part — getting past the yearning.Ms Smith said she realised when she got her first mortgage that she would need to spend less than she earned.“You can yearn for smashed avocado and takeaway coffee, but I realised you need to take your own packed lunch, tea bags and coffee to work and have breakfast at home,” she said.“You can still have treats, but maybe only once a week or once a fortnight.”And finally, returning.Ms Smith stressed that she was not a financial planner, so did not want to be seen as offering advice.BIG SALE SETS THE BAR HIGHRegular contributions to a savings account could help you pay off your mortgage faster, according to a Brisbane author.“What I did that worked for me was that I put all my money in a high interest savings account and every 12 months, I was making a lump-sum payment to bring my mortgage down,” she said.“People need to go to a bank or financial adviser to get specific advice unique to them.”New data released in a report by Housing, Income and Labour Dynamics in Australia (HILDA) reveals 10.5 per cent of Brisbanites are experiencing housing stress.And in some urban areas in Queensland, 11.3 per cent of residents are spending more than 30 per cent of their monthly income on their mortgage or rent.HOME SALE SMASHES SUBURB RECORDNew data from HILDA.While there is not much you can do about that, one thing you can control is your spending habits.Ms Smith said 86 per cent of Australians had no idea how much they spent on a daily, weekly or even monthly basis.“It’s the impulse shopping that’s the killer for people,” she said.“People say it’s really hard to save money, but if you quit impulse shopping, it’s really easy to save money.”Rachel Smith paid off her home in just seven years and wrote a book about it. Photographer: Liam Kidston.Ms Smith suggests writing down what you want on a three month waiting list.“If you can’t do three months, do seven days,” she said.“Write it down on the waiting list and if next week you still want that dress at Zara then buy it — if you can afford it.“But if you took that money you would have spent and put it in to your savings account, you’d soon find you’ve actually got quite a lot of money.”Ms Smith now lives in Brisbane, where she bought a townhouse two years ago in Clayfield and plans to pay it off in seven years or less.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours agoRachel Smith suggests making a waiting list of potential purchases.Omniwealth financial planner Steven Korner said it was “absolutely crazy” not have an offset account if you had a home loan.An offset account is a bank account that does not accrue interest.Instead, it offsets the interest paid on a loan as it considers the money in the account has been paid off the loan.“This still gives you the freedom to use this cash if needed while paying less interest on your home loan,” Mr Korner said.“It is absolutely crazy not to have at least one of these.“Every account I own is an offset account to my loan (I have five accounts). This has saved me thousands a year.”There are ways you can save money and pay off your mortgage faster.Mr Korner also recommends having a budget, committing to paying extra money off the mortgage each month and decreasing expenses.Reviewing your home loan rate can also save thousands of dollars a year.“You should be reviewing your home loan rates once a year — if you aren’t then you are missing out on a truck load of savings,” Mr Korner said.“You can do this in one of two ways; Speak with a mortgage broker or call your bank directly and politely explain to them that another bank has offered you a much lower rate (make sure you do your research) and ask what they can do to match this rate.“For example, if your rate is 4.3 per cent and you review your rate and get one that is 3.8 per cent, then on a $1 million mortgage, you would save $5000 a year.”For every $1 you pay off your mortgage, you need to earn $4, according to one financial planner.And this piece of advice might scare you.“Did you know that for every $1 you pay off your mortgage, you need to earn $4 before tax to do so?” Mr Korner said.“This means that if you have a $1 million mortgage, you have to earn $4 million just to pay off the mortgage.”Calculations by comparison site Mozo.com.au show a borrower making an extra monthly repayment of $43 into their mortgage could save up to $9,915 in interest charges over the life of a typical $350,000, 25-year home loan — wiping one year off loan repayments.“For the average Australian a weekly saving of $10 might seem pretty paltry in the grand scheme of things, but our analysis shows that putting this small windfall to good measure can yield sizeable dividends,” Mozo director Kirsty Lamont said.“The same amount of cash you can blow on a burger and shake or two morning coffees every week can also be used towards paying down your debt earlier and saving you thousands of dollars in interest charges along the way.”A couple looking at homes for sale in a real estate agency window.4 TIPS FOR PAYING OFF A MORTGAGE IN 7 YEARS1. Earn: Work as much as you can, even if it means 4 part-time jobs.2. Learn: Do things differently. Rent out your driveway and spare room. A lodgers rent can cover half the mortgage.3. Yearn: Yearn for smashed avo on toast, then pack your own lunch and have breakfast at home.4. Return: Find a high interest savings account and put every spare cent in it. Once a year overpay your mortgage with it.(Source: Rachel Smith, author of Underspent)last_img read more