Common questions about POS iPad stands

POS iPad Stands are today’s newest inventions that provide many retailers with rewarding experiences. These devices make it easier to conduct meaningful transactions that, in turn, keep satisfied customers coming back. If you’re a small business owner that’s looking to strengthen client relationships and simplify systematic processes within your organization, you should consider investing in a Shopify POS iPad Stands to make your journey as a merchant in the industry even more powerful.

Getting Familiar with POS iPad Stands

Many inspiring business owners understand the motivation behind a POS iPad stand and its ability to take the operational practices of retailers to the next level. As a leading instrument of constructive change for merchants, POS iPad stands are designed to help individuals enhance their enterprise by offering a new way of bringing out retailers’ best potential. Investing in one of these features can ultimately help business owners accomplish more in their respective fields.

POS iPad Stands can be viewed as quality extensions of the POS iPad tablet. It’s a highly anticipated feature that you can put to good use, regardless of the type of retail business you’ve launched or the products and services that you sell. This device is revered for its versatility, as well as its aesthetic appeal.

In addition, the POS iPad Stand can make your goals in retail turn into a reality for a low price. People tend to assume that all technology comes with a high price tag attached to it, but these devices are fairly reasonable and totally worth your money. This major investment can help connect the dots in your day-to-day operations and iron out different procedures that were once more complicated and frustrating.

Excited to learn more about the latest feature in the retail market? Check out what many consumers are asking and see if it’s something that satisfies your quest to find the truth about POS iPad Stands.

Frequently Asked Questions

Everyone’s saying I should invest in a POS iPad Stand to help grow my small business which is already successful in my eyes. I’m not that into technology. What’s a POS anyway, and how will this feature impact my work life?

POS stands for point of sale and represents the place where a retail transaction occurs. Regarding the growth and success of your small business, it’s important to remember that you can never be too good. There’s always room for improvement because there’s always weaker areas that could use more attention. Many times, these aspects just aren’t noticeable until customers point it out.

At any rate, POS iPad Stands can positively impact your enterprise because having these attached to your tablet helps reduce any unnecessary manual actions that are usually involved in order processing. These devices allow for easier viewings by both retail staff and customers. Afterward, you can depend on your customer retention rate to dramatically rise.

I’m having a difficult time setting up my POS iPad Stand. Is there some place I can go for guidance?

There could be several reasons why setting up your POS iPad Stand is becoming a challenging experience. For one, keep in mind that if you’re trying to install both the plastic feet that securely mount the device to your desk or table, as well as the PivotTable, the system’s not going to allow you to move forward. Unfortunately, you can only have either of the accessories on a single mobile device. If you’re still having trouble, it’s best to speak with a trained customer support representative who can walk you through the troubleshooting process and rule out the possibilities until the problem is correctly diagnosed and resolved.

I want my customers to feel like their input is welcome and encouraged during checkout and order processing procedures. Do POS iPad Stands make it possible to still give the client visibility of their account?

One of the best things about these types of POS iPad Stands is the way they enable retailers to share the details of transactions. Again, additions like PivotTables allow users to rotate the tablet on a physical surface so that the screen can turn towards the client and they can see the stage of the order processing procedure with their own eyes.

I’m scared that someone’s going to take my POS system, especially if it has all these fancy additions, like an iPad Stand. Is there any way I can keep it from being stolen?

It’s understandable to not feel comfortable leaving your iPad and stand out in the open where perpetrators can get to it. You can invest in a separately sold cable lock to safeguard against theft and keep one of your most prized possessions in the building under locked care. The cable easily wraps around the leg of the table or desk, and the lock connects to the actual device.

Good news! The IRS is increasing 401(k) limits for 2015!

Daniel Zedda via Flickr

In a bit of good news from the IRS, the maximum I’ll be able to contribute to my 401(k) is increasing from $17,500 to $18,000 for the 2015 tax year.

The news gets even better for those who are age 50 or older — the catch-up contribution limit is increasing from $5,500 to $6,000. That means that in total, they can add up to $24,000 a year to their 401(k)!

But temper your excitement just a bit; there’s one contribution limit that isn’t going up at all — IRAs and Roth IRAs.

Here’s a link to the press release.

More retirement savings is better

This is welcome news and hopefully a start in turning around the fact that 36% of American workers — that’s approximately one-third — have saved nothing for retirement.

Anyhow, hope this news help someone out!


A reader asks: “What should I do with a $75,000 cash windfall?”

Steve Jurvetson via Flickr. The Tesla Roadster originally sold for around $100,000 so it wouldn’t be out of the question to find a used one for $75,000

Executive summary:

  1. Understand taxes you’ll pay
  2. Build a rainy day fund
  3. Contribute enough to your 401(k) to get the company match
  4. Pay off debt
  5. Contribute to tax-advantaged retirement accounts
  6. Invest in yourself, active income streams, or medium-term goals
  7. Contribute to a taxable account
  8. And ongoing, really — continue to max contributions to tax-advantaged accounts

Today, I’m looking to help out a reader who is deciding what to do with a bit of money.

Philip just came into $75,000 from an insurance payout. The money is currently just sitting in a bank account, waiting for him to make a move. He says that he’s interested in getting as much long-term benefit as possible with the money.

As background, Philip is a working professional living and working in New York. He’s single, in his late 20s, has no desire to start a business, has all the education he’ll need, and believes that a wife and kids are many years away. As far as his personal finances go, he makes $60,000 a year and has no debt, but has yet to start saving for retirement — a pity, really, as his company matches up to 6% of 401(K) contributions and lets him put in up to 25% of new earnings away each month. Also, his employer offers a high-deductible health plan with an associated health savings account.

So what to do with that much money?

I think my answer breaks down first to a philosophy and then to steps that take that philosophy into account.

The philosophy

At the big-picture level, here are some tenets that I suggest Phil follow as he decides what to do with the windfall, in descending order of importance:

  1. Don’t spend it! You’ve gotten used to living off your income so treat this windfall as though it never happened and put it straight toward your retirement.
  2. Lock it away. You might have all the best intentions in the world to try to find the smartest thing to do with all that money, but if it’s just sitting around in a big pile of easily accessible cash, tempting you, then you might spend it before you have a chance to implement those plans. And don’t tell too many people about it.
  3. Take advantage of tax-friendly options. When you’re saving for retirement, the government affords multiple options that take advantage of
  4. And finally, shoot for better returns

Step 0: Make sure you understand the taxes you’ll owe

Does Phil really have $75,000 or will he have to pay some of it in taxes? It’s an important question to ask when you’re trying to put together a plan. Thankfully, the IRS generally doesn’t require you to include lump sums from insurance payouts in your income and thus, doesn’t require you to pay taxes on them.

Source: IRS Publication 525

Step 1: Put away six months of life expenses, $15,000

To be sure, $75,000 is a lot of money, but it’s not enough that you’ll never have to worry about money again. When some emergency hits, having to scramble to sell assets, borrow, or take early distributions from a retirement account can be very costly.

I picked $15,000 solely by extrapolating from his income, but Phil should adjust this up or down depending on his perceived job security, the minimum expenses he could actually cut down to in an emergency, and how long he might expect to stay unemployed.

Running total: $15,000

Step 2: Contribute to your 401(k) to get your company match

Phil should use some of the lump sum so that he gets his company’s match with each paycheck. Since his company matches up to 6%, Phil should at the very minimum put away $300 a month.

Because his insurance payout won’t be counted as income and because Phil is just starting to save for retirement, he’s pretty much the ideal candidate to use the Roth flavor of 401(k) if it’s available.

Running total: $15,600 (by the end of 2014)

Step 3: Pay off any debts

It wouldn’t be a Debt BLAG post if I didn’t suggest paying off debts, now would it? Phil doesn’t have any debt, so this doesn’t apply, but to make this a more general post, I’ll leave this step in there.

Running total: $15,600

Step 4: Use up every tax-advantaged retirement option available

The options available to him are:

  • Contribute to an Individual Retirement Account, up to $3300 per calendar year
  • To contribute more to his 401(k), capped to 25% of his gross income or about $1250 per month
  • Open and contribute to an Individual Retirement Account, up to $5500 per calendar year

Source: IRA limits
Source: HSA limits
Source: 401(k) limits

Running total: $26,300 (by the end of 2014)

Step 5: Invest in yourself, in active income streams, or for medium-term financial goals

Invest in yourself

If going back to school or getting some training would get Phil closer to the job he wanted or help him significantly in his current job, it wouldn’t be a bad idea to use some of that cash either to pay for tuition or to stuff a 529 to later be used for tuition. However, as I mentioned, Phil already has an advanced degree

In terms of investing in himself in other ways, I don’t know that there’s a big need to. Phil is constantly searching for knowledge, writes, is fit and a snappy dresser.

Active income streams

There’s no reason to chase some crazy scheme just because you’re flush with cash, but if you’ve always been very good at a hobby, have a plan to make money off it, and have an interest in building a side business out of it, then not having to take a loan out to do so would make this a less expensive time to start.

Another active income stream is going after investment real estate or even buying in the hopes that you’ll pay less overall than rent, but both kinda suck in the New York area. If you like, I can do a whole other post on this, but said a lot of what I wanted to in this post: “Renting is just throwing money away!” A personal finance truism that may not apply for millennials.

Medium-term financial goals

If going back to school, a wedding, a big move, a house, or a kid — and especially a kid going to college — were on the horizon, it would make sense to keep a solid chunk of that money liquid to cover these bigger expenses. As none apply to Phil, it doesn’t look like he’ll be doing any spending in Step 5 either.

Running total: $26,300

Step 6: Put the rest in a taxable brokerage account

Well here we are. Even after building up your emergency fund, maxing out your tax-advantaged retirement accounts in 2014, you’re still in the lucky position of having the majority of the lump sum left.

At this point, you should open up a brokerage account at a low-cost brokerage like Vanguard or E*Trade and put the remaining $48,700. Since you’ve also got retirement savings in tax-advantaged accounts, you should put your most tax-efficient investments in this taxable account.

Running total: $75,000

Step 7, ongoing: Build up tax-advantaged accounts, draw down taxable accounts

Oh, we’re not done.

Recall how an important part of all this was getting all this money into tax-advantaged retirement accounts. Accordingly, what you should be working toward is effectively transferring that money from the taxable account to your tax-advantaged accounts.

You can do this by continuing to max out your contributions to your retirement accounts, slowly building up your Roth IRA, Roth 401(k), and HSA until your taxable account has gone down to zero. Using current limits, here’s what that might look like:


Of course, two other things you should continue to do are learn about personal finance and find ways to cut your spending. Might as well.


And there you are. Obviously, you should adjust this based on the details of your situation, what you hear from an actual professional, your preferences for risk, hopes, and dreams, but I hope this gives you some idea of the motivation behind each step.

Play it right and this initial investment could be comfortably north of $500,000 by the time you’re ready to retire — and better yet, all of that growth would be tax-free.

Of course, feel free to ask if you have more questions and good luck!

Know of a baby born October 20? They can get a FREE $500 mutual fund investment

Nathan Rupert via Flickr

If you’ve got friends who have been posting non-stop on social media about their two-day-old baby, you can now reply with something a little more substantial than “#blessed.”

Perhaps you should consider #Borntosave.

In news that would have been supremely more useful to me nine months ago, one company is offering a free $500 mutual fund investment to any baby born in the U.S. on Monday, which was October 20, 2014.

Voya Financial, formerly ING U.S., is celebrating National Retirement Week, the one-year anniversary of its own IPO, and its stated vision of becoming America’s Retirement Company with the offer pending filling out all the right paperwork, including providing proof of the child’s birth on October 20, 2014.

Called the Born to Save program, this is a pretty awesome deal for anyone who just happened to have their baby on Monday.

For the rest of us, it’s just a good reminder how important it is to get started investing early: that $500 alone, if left untouched, has the potential to grow into a substantial size to the tune of tens of thousands of dollars when it’s time for that newborn to retire.

Source: Voya Financial. “Voya Financial Offers $500 Mutual Fund Investment to Every Baby Born on October 20, 2014.” Oct. 20, 2014. Disclaimers:I’m getting no money from Voya for posting this

When I asked about hidden conditions, a representative from Voya financial said:

“This is a complimentary offering — there are no out-of-pocket costs associated with enrolling an eligible baby in the program, or for a receiving a $500 mutual fund investment as a head start on their retirement savings. Parents [or] guardians are not required to purchase any products from Voya in order to enroll their baby in the program and they do not need to be an existing customer of Voya to receive the offer

She went on to say:

We want [Debt BLAG] readers to think about retirement not simply as a distant destination, but as a journey that starts the day they are born. We believe it’s never too early — or too late — to start saving.

Solid. Anyhow, good luck and please make sure to pass this along to anyone you know who might have recently had a baby. I’d love to see lots of people take advantage of this :)

HBO now lets you buy HBO Go without a cable subscription — one step closer to cutting the cord

xan latta via Flickr

HBO’s Game of Thrones is a spectacular show based on a spectacular series of novels. It’s no wonder then, that it’s won countless awards and is the most popular show on HBO.

The show also holds another distinction that’s less an honor and more a thorn in the side of HBO execs — it’s perennially the most pirated show out there. This past spring, the royal wedding episode set a record for being the most illegally shared thing EVER, after having been illegally downloaded 1.5 million times that first day.

And a huge number of fans who don’t take part in the record-breaking piracy still have to take the backdoor route of using their family or friend’s HBO Go — included when you subscribe to the channel.

HBO to offer standalone service

HBO has responded in a huge way, by announcing that starting in 2015, you’ll be able to buy HBO to stream over the internet without a cable subscription.

It’s tough to say what sort of effect this will have on the industry as a whole, especially since no specific terms or pricing have been announced. From what I hear talking to friends, it seems like the big market for standalone HBO would be younger, internet-savvy folks who may not have cross-shopped a full cable package anyway. So I wouldn’t expect a huge flood of subscribers to drop cable next year to head to a TV life of internet-only services like HBO Go, Amazon Prime, and Netflix.

Still, I wouldn’t be surprised if the move has long-term repercussions because the cable companies figure that those people who are marginally attached to cable would progress to eventually become full-on subscribers.

For now, it seems that the part of the public that worries themselves with such things is pretty convinced that Netflix will take a big hit from the move.

I’m no scientist, but it’s probably safe to say HBO will end all this with even bigger piles of money.

But what does this mean for ME?

As it pertains to me, it means I and my roommates are just one step closer to not having to deal with the costly annoyance of a cable bill every month. Now, if only more live sports made the switch to offering a-la-carte internet streaming service, we might have ourselves a stew going….

How about you guys? Gonna drop cable once standalone HBO Go goes live?

Get a 40% discount on an annual pass to New York’s American Museum of Natural History #dinosaurs

Christian Bobadilla via Flickr

I try not to post too many deals, but this is a pretty stellar price for an annual pass to what I consider one of the coolest places in the world.

For me, the dinosaurs and other fossils are worth the price of admission by themselves.


Everything else in the museum, plus the rotating exhibits, plus the fact that the Living Social deal gives you two extra ickets to the Space Show and two tickets to the 3D/IMAX films, are all just icing on the cake.


  • Individual package is $95 and includes unlimited general admission and admission to special exhibitions for a year for one or two adults, plus discounts at the gift shop, restaurant, and if you need more tickets to the Space Shows and IMAX movies.
  • The family package is $130 and includes admission for two adults and four kids (Yes, it’s kinda weird that they’ve decided that’s how big a family is, especially in New York City, but the price still makes sense), six Space Show tickets, and all the discounts.
  • Disclaimer: Neither Living Social nor the American Museum of Natural History are giving me money or free stuff for posting this, even if you buy. If you represent either of those places and want to send me money, you know how to contact me

OK, here’s the link: “American Museum of Natural History
One-Year Dual or Single Adult Membership or a Family Membership With Space Show Tickets

Good luck, y’all.



Ten things you should always buy generic

Nikol Lohr via Flickr

We’ve all heard the saying, “you get what you pay for.”

While it is a sensible mantra in some situations, when it comes to choosing an aspirin or a type of paper towel, sometimes the glossy name is nothing more than a good way to spend more money for no added benefit.

So how do you know when to pay for quality and when to just pick the cheapest option?

Let’s break it down.

Commodity goods

Commodity goods are mass-produced [in a way] to arrive at a finished good that is both basic and homogeneous.

Some examples of this are hardware fasteners — such as nails, screws, and bolts — and foods like baking soda, granulated sugar, table salt, and medium grain white rice.

I’ve found that especially with regard to food, people get hung up on certain brands. But know that chefs themselves are more likely to pick the store brand, particularly when it comes to buying the sweet stuff. (Bronnenberg, Dubé, Gentzkow, and Shapiro, p. 46)

Highly regulated stuff

When it comes to over-the-counter medication and most gasoline, the government or some other regulatory body makes sure that products carrying a certain name meet a minimum requirement for ingredients, safety, and effectiveness.

It’s easy to understand why you might lean toward the more expensive option when looking at medication. After all, our bodies are complex machines and we really don’t understand all the science that goes into making drugs. Luckily, doctors understand it a bit better than we do, and for most categories, they go for generics when they buy over-the-counter medication for themselves (Ibid, p. 43)

Of course, this discounts the placebo effect that some people may experience by simply believing their name brand drugs carry special powers. Scientists have actually shown that high-priced placebos have a greater effect than less expensive placebos. (Ariely, Waber, Shiv, Carmon)

In other words, expensive fake medicine works better than cheap fake medicine.

Still, when I’m feeling sick and have to make a trip to the drug store, knowing that I saved a few dollars to get the same ingredients as the expensive stuff makes me feel better already.

Things that are pretty hard to mess up that I don’t care too much about.

I wish I had a better name for this category, but I think you get the idea. There are a lot of things that we need to buy and the quality isn’t terribly important.

For me, this category includes notebook paper, cotton socks, and paper towels (note that it does not include toilet paper). Of course, for all these things, I’m assuming a reasonable difference in quality, but at the end of the day, as long as they serve their basic function — to write, wear, or clean — it doesn’t really matter.

Bottled water

Bottled water gets its own category. I understand why people prefer certain brands over others, but really — do you need bottled water at all? If you’re staying well-hydrated, the extra few bucks you’ll pay up for a reusable bottle and a filter (if you need it) will outlast those 24-packs, and it’ll help the environment.


Not smoking could save me over $5,000 a year — wish me luck

Phillip Kalantzis Cope via Flickr

Like a lot of people who have served in the Army, I’m no stranger to tobacco. Whether it was cigarettes, dip,  or the occasional cigar, it really just became part of everyday life. This was aided, in small part at least, by the fact that the Department of Defense mandates lower prices on military bases.

About one-quarter of soldiers smoke. Compare that to 18.1% of American adults at large who do.

Now, as a civilian, the health concerns and the smell should already be enough to keep me from smoking cigarettes. The cost here on the outside just makes the decision even easier.

In 2014, The Awl reported that the average cost of a pack of cigarettes here in New York is $12.85. This jives with what I’ve seen on the streets. A pack-a-day smoker would spend $4,690 per year, and that’s not even including the extra laundry, dry-cleaning, tooth-brushing, and healthcare costs you’re likely to see.

And that’s money that could go straight to paying down my student loan debt.

So let’s do this, once and for all.

What other tips do you have to save money on smoking?


Why EVERYONE paying off student loans should apply for Income-Based Repayment (like I did)

Koshy Koshy via Flickr

I suck at brevity when it comes to headlines :/

If this is your first time reading this blog, welcome!

What I do here is chronicle my long slog toward paying down the massive debt I took on to get bachelor and master degrees, and share the tips I learn along the way.

Early on, I figured out that the most important factor in knocking down my debt would be sending the most money I can to my lenders each month.

Simple, right?

Why apply for Income-Based Repayment?

I started with three student loans:

    • One at 7.9%
    • Another at 6.9%
    • A third at 3.3%

The first bill I received from my lender told me that my total minimum payments would be around $1400 each month.

Knowing how important it is to send a lot of money to my loan servicers each month, why then, did I use these steps to apply for Income-Based Repayment to cut my minimum payments in half to around $700 per month?

The answer has to do with the different interest rates.

A graphic explanation

Think of my starting debt this way:


I drew the debt with higher interest rates a little bit taller because interest accumulates on the balance more quickly. Sticking to the standard repayment would mean that I would be sending $1,500 to my lender each month in a payment relative to the total balance. Visually, think about each payment like this:


But when I use income-based repayment to cut my minimum payment on each loan in half, I can focus a lot more of that monthly $1,500 toward the loan with a 7.9% interest rate, like this:


And in this scenario, focusing on the higher rate loans first cuts about four months off my total payoff! Sure, four less monthly payments may not seem like much, but at $1,500 each, that’s $6,000! Who wouldn’t want a cool six grand for almost no effort?


How barcodes can help a business

This looks like a bar code, kinda. Fernando Insausti via Flickr

Do you know what I don’t talk about very often on this blog?


Let’s rectify this right now.

I may have discussed something similar in Kindle Unlimited (because certainly Amazon uses many barcodes).

Moreover, barcodes are a unique advancement in the realm of product information. With the availability of affordable barcode printers, such as those offered by Shopify any company can utilize barcodes to increase their efficiency and productivity. Barcodes are heavily underutilized, sadly. This partially stems from an inability to grasp exactly how powerful incorporating barcodes into a company’s operation can be. By understanding exactly how a barcode generator can help your business, you take the first step towards making your business more profitable. Of all the things that barcodes can help your company do, there are a few that stand out head and shoulders above the rest.

Elimination of Human Error

Humans are prone to making errors, especially when it comes to mundane and repetitive tasks. If a company can manage to produce its own barcodes through the use of a barcode printer, then they have the ability to limit user error through input. Barcode printers work alongside barcode scanners to embed information about the product (such as cost and tax) so that the human cashier can simply scan it in and the information shows up automatically. This removes the need for entering numbers manually, and makes the point of sale far more effective at getting a bill generated in as little time as possible. It removes the possibility of a bottleneck in the cashing procedure and also makes it easier on the personnel running the point of sale terminal since they don’t have to memorize the prices of individual objects, a task that may lead to further errors if the price is memorized wrongly.

Ease of Incorporation

When considering ways to effectively increase the productivity of a business, you need to be careful that the proposed changes won’t cost the business more in the long run. Barcodes offer the best benefit per unit cost of any other advancement that you might find. The only major costs that would be associated with it would be the purchasing of a barcode printer and scanner and the associated maintenance costs. Thermal barcodes are easy to include either on products or forms to ease the struggle of inputting large volumes of data. They usually come with an adhesive surface already attached to the back of the printed barcode to enable easy attachment. Barcodes are far more durable than simply using labels and barcode scanners take input to a whole other level, extracting information from the codes in the blink of an eye.

Inventory Control and Management

When combined with a point of sale system, barcodes can make the tedious task of inventory management and control a walk in the park. Since information regarding inventory items can be included on the barcode, the scanner simply has to pick up the code, associate it with the correct product in the database and reduce the total by one for each item. Inventory control could not be any easier. The system can also be made to warn the inventory manager when a certain item is at the point where a reorder is necessary. Combining printed barcodes with inventory information makes for a powerful tool for manipulation and control of a company’s inventory, and indirectly the overall efficiency of the company to perform its function.


The adaptability of barcodes cannot be understated. Barcodes can be used to convey large volumes of data in a comparably small spaaaaaace. Because of their ability to fit on packaging ranging from equipment to products, they are ideal for use in a number of different situations. In fact, using your own barcode printer, different information can be included on a barcode to be read by particular departments as the barcode passes through them, delivering the relevant information to the necessary personnel. By using a barcode in this manner you create a system that lends itself to being dynamic and able to generate data quickly and effectively. The adhesive strip that comes ready-generated at the back of all barcodes make it simple for attaching to even perishable items. Directly printed labels also lend themselves to be used with foodstuffs since they are unlikely to contaminate them. Printed codes can also be long term or short term, depending on the type of printer used to create them. Long term labels are usually created using a heat transfer method whereas short term labels are directly printed onto special paper.

Acquiring a barcode printer can change the face of your business drastically. Being able to print your own barcodes with the data already generated automatically on it makes for a faster process time than if manual input would be required. This in turn makes for a more productive business overall. It is important not to overlook what barcodes can do for your particular business. Due to their ability to adapt to fit any situation, you can use them in almost any business situation.

A well-known business publication, Business Week, verifies this in their article, “How the bar code took over the world.”

Finally, according to the New York Times, New Bar Codes Can Talk With Your Cellphone . Why, even the Centers for Disease Control and Prevention have discussed barcodes in this page titled Barcodes on Vaccine Information Statements.