Not only is there music but you can dance the night away on the festival’s dance floors. Insomnia is an electronic and techno festival that’s popular with music lovers. This Arctic Fjord cruise runs between February and October (stopping on the 9th as the boat starts to run whale-watching tours!). When a TIPS matures, you get either the increased (inflation-adjusted) price or the original principal, whichever is greater. The tips for staying sober principal (called par value or face value) of a TIPS goes up with inflation and down with deflation.
Norwegians make a good salary compared to many countries, and even service workers are paid comparably for their work and don’t rely on tips. A taxi from the airport is also a viable option and is about $25-30 to the city center. Once you’re in Tromsø city center from the airport, you will get dropped off at one of the few locations that are all centralized and near the hotels. I have been to Tromsø multiple times (and in all seasons).
Known as the Paris of the north and the Arctic City, Tromsø is a student metropole with a very special vibe. Discover the best nightlife north of the Arctic Circle – whether your idea of fun is to stay indoors in cosy pubs and bars, or venture outside to see the northern lights and midnight sun. As the days grow shorter, you’ve got a good chance of spotting the northern lights. You can either search for this natural phenomenon independently or head out on a tour with an experienced guide. Say you invest $1,000 in a TIPS bond paying 1% interest annually.
Alcohol Servers & Sellers
I have traveled to Tromsø in the summer months and I got to witness the midnight sun there and while nothing compares to the northern lights, the midnight sun sure does come close. The tours you will take, especially Tromsø dog-sledding tours, northern lights tours in and around Tromsø, and Sami experiences with reindeer may be inland a bit. These areas experience far colder temperatures than Tromsø city.
The TIPS Training and its staff are both comprehensive and attentive and I would highly recommend them to anyone seeking knowledge on consumption and the serving of alcohol. Choose your alcohol safety training and get certified today.
Is Tromsø wheelchair-friendly?
Proven effective by third-party studies, TIPS is a skills-based training program that is designed to prevent intoxication, underage drinking, and drunk driving. All Corporate accounts include access to our easy-to-use Learning Management System (LMS) platform. Integration with your current LMS is flexible, secure, and convenient. Includes the ability to assign manager-level access to build reports, send reminders, track course progress and enrollments, and monitor overall performance. Have access to all of your TIPS training tools in one location.
Quick Tromsø Travel Guide
The letter ‘Å’, sometimes listed as ‘AA’ in Norwegian words (especially old writing) is pronounced like ‘aw’. Norwegians speak impeccable English but learning a couple of Norwegian words or even just the alphabet will be impressive to locals when you’re visiting. This can make things rather challenging and I do recommend bringing along a tripod and remote for your camera to make things a bit easier. If you’re keen to photograph the city, be prepared to photograph in a lot of low-light situations. One of the biggest misconceptions about winter in Tromsø is that there is absolutely zero ‘light’ since the sun never reaches above the horizon. On the other hand, many Tromsø tours and activities will provide thick suits to participants to help with the cold temperatures.
List of occupations that receive tips
- Souvenir shops will be open still, but clothing stores and other shops will likely have their doors shut on Sundays.
- Cash equivalent includes tips paid by checks, credit cards, debit cards, gift cards, and tangible or intangible tokens readily exchangeable for cash or cash equivalent.
- It’s set in a great location and offers modern rooms, many of which feature fantastic city views.
- Popular hikes include Brosmetinden, Trehørningen, and Hillesøytoppen, all of which offer jaw-dropping views.
- If a place doesn’t accept cards, they will have an app for that where you’re encouraged to purchase a ticket online (ie. buses in Tromsø).
As the name implies, TIPS are set up to protect you against inflation. This is because after taking into account the effects of inflation, the real yield is negative. For instance, if standard two-year Treasurys yield 1% but inflation is 2%, then the real yield is -1%. You can include TIPS and funds that hold TIPS in an individual retirement account (IRA); however, you cannot use the TreasuryDirect service to buy them directly in an IRA.
I don’t find the reindeer sleigh activity part of the experience to be ethical, however. You can read more about my recommended Tromsø Sami experiences at reindeer farms here. Sami National Day is February 6 annually, and you can travel there to celebrate if you’re interested. They have an entire Sami Week where you can witness different activities such as lasso competitions, reindeer racing, etc. If you’re reading this, there is a good chance you’re from North America, the United Kingdom, or Australia… and YES, you will need a power adapter.
My favorite northern lights tour in Tromsø is this one with Polar Adventures. They have small minibuses that you’ll meet at their harbor office and your tour will include a small fire, snacks, and a guide who can answer your questions. The month offers a unique experience compared to some of the winter months and this guide will tell you some of the best things to do (and some things you can’t yet do). Let’s quickly cover the difference between nominal bonds and TIPS. Nominal bonds and TIPS are both types of bonds issued by the U.S. Treasury, but they differ primarily in how they handle inflation protection.
Summer in Tromsø Delivers… the Midnight Sun
That is really high… so I would suggest leaving 10% if you’re satisfied with your service and had a great experience. With that said, if you felt you had exceptional service, tip! I am American so if I don’t leave something, I can’t sleep at night. Grocery stores in Norway that are søndagsåpent will have their hours listed outside in red. I recommend you plan ahead for your Sunday in Tromsø or you will be obligated to shop at one of the expensive convenience stores I discussed above. If a place doesn’t accept cards, they will have an app for that where you’re encouraged to purchase a ticket online (ie. buses in Tromsø).
Treasury Inflation-Protected Securities (TIPS) are a type of Treasury bond that is indexed to an inflationary gauge to protect investors from a decline in the purchasing power of their money. Before any proposed regulations, including these, are adopted as final regulations, they are subject to public comments. You can leave your comment (which will be public and cannot be edited or withdrawn on the Federal eRulemaking Portal. The deduction is capped at $25,000 per return, not per taxpayer. That means that a married couple may not simply double the deduction, even if both taxpayers are tipped employees.
- When (more rarely) prices across the board fall (deflation), your investment contracts, though it can’t ever be smaller than the original size.
- TIPS come in five-, 10-, and 30-year versions, all backed by the full faith and credit of the U.S. government.
- The official reason for their appearance is that there was strong demand from the investing public for inflation-linked government securities.
- You can include TIPS and funds that hold TIPS in an individual retirement account (IRA); however, you cannot use the TreasuryDirect service to buy them directly in an IRA.
- Inflation is the pace at which prices increase throughout the U.S. economy, as measured by the CPI.
- But, you have to consider that Tromsø gets heaps of snow during the winter months and this may pose an issue for many people.
TIPS are meant to keep up with inflation, not beat inflation. Therefore, you can have a nominal yield on TIPS that is positive but a real yield that is effectively zero. Note that while the yield on TIPS may be negative, their principal value will increase with inflation, which can generate capital gains. Treasury’s TreasuryDirect website, with a minimum purchase of $100. Several mutual funds and ETFs invest in TIPS and other inflation-linked securities that you can buy and sell like ordinary shares of stock. As with other Treasury securities, investors can buy TIPS directly from the U.S. government at the Treasury website TreasuryDirect.
What to Pack for October in Tromsø
However, these securities work best as part of a broader investment strategy rather than a short-term inflation hedge. Inflation is the pace at which prices increase throughout the U.S. economy, as measured by the CPI. Inflation becomes an issue when there isn’t a commensurate rise in real wage growth to offset the negative effects of rising prices. Ariel Courage is an experienced editor, researcher, and former fact-checker. She has performed editing and fact-checking work for several leading finance publications, including The Motley Fool and Passport to Wall Street. TIPS (Training for Intervention ProcedureS) is the global leader in education and training for the responsible service, sale, and consumption of alcohol.
And, importantly, those rules don’t just apply to employers and owners, but also employees. Treasury has indicated that the regulations will provide examples to help workers and employers navigate these rules. To be eligible for the deduction, tips must be earned in a recognized tipped occupation, paid voluntarily by customers, and given in cash or its equivalent. Cash equivalent includes tips paid by checks, credit cards, debit cards, gift cards, and tangible or intangible tokens readily exchangeable for cash or cash equivalent. That means that casino chips and digital tokens on streaming platforms would qualify as tips for purposes of the deduction (despite what had been suggested earlier on social media).
