Q: Do I set aside six months’ worth of paychecks or the amount of my bills for six months when it’s time to save up my fully funded emergency fund?
Q: My boyfriend is wondering if he should buy life insurance for his mom and dad. They’re both in their seventies, and they’re no longer married to each other. His mom is disabled and remarried, and she doesn’t have any life insurance coverage. The only coverage his dad may have would be through his employer.
Q: My wife and I are in our early 70s, and we’re retired. We have about $136,000 in corporate bonds and $200,000 in mutual funds. Considering our age, should we move the investments into a CD?
Truliant Federal Credit Union held a ribbon cutting ceremony last week to celebrate the opening of the credit union’s newest full-service branch off Pelham Road in Greenville.
The 2,500-square-foot building, located next to the Super Bi-Lo just of I-85, replaces the credit union’s previous location at 925 Old Airport Road.
Q: I work an extra job part-time for a retail store chain while I’m getting out of debt. I like my job, except for having to pitch the store’s credit card to customers. Like you, I believe debt is a bad thing. Still, my bosses are putting more and more pressure on me to sell the cards.
Q: What is your opinion of churches encouraging members to do e-giving with credit cards and debit cards?
TD Bank recently named Kelly Carson its senior relationship manager for the Upstate market and surrounding counties.
She will be responsible for providing financial solutions and expertise for public and privately owned companies as well as business development in her region.
Two H&R Block customers, Sharon Pilgrim (left) and Daniel Pruitt (second from right) won $1,000 during the company’s promotional giveaway. H&R block is located at 12177 W. Greenville Hwy in Lyman.
Greer Bancshares Incorporated, the parent company of Greer State Bank, recently reported an annual net income, attributable to common shareholders of $2,945,000 or $1.18 per diluted common share, as compared to the prior year net income attributable to common shareholders of $3,030,000 or $1.22 per diluted common share.
Greer State Bank is continuing its mortgage growth under the direction of Tim Strom, senior vice president and mortgage director.
The bank exceeded its 2015 goal with nearly $61 million in closed loan volume, an almost 300 percent increase from $22 million closed in 2014.