Columns & Letters

A bad method at this stage

Staff Reports's picture

Q: I want to build an 18-unit apartment complex, but I don’t have enough cash to do it on my own. My net worth is around $400,000, and I have $100,000 I can put toward this project. It is estimated to cost $1.2 million. Would lining up investors, who will take a percentage of the profits, be the same thing as acquiring debt?

Using the grandchild for money

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Q: My wife and I have been helping our adopted daughter financially for some time. She’s 25, has been married for three years, and we don’t see this cycle stopping anytime soon. The worst part is, they will often throw in that our grandchild will go without something unless we help.

Can’t get off the ground

Staff Reports's picture

Q: Where’s the hot air balloon?

A: That was the question vocalized by many of the attendees at last Thursday’s Moonlight Movies in Greer City Park.

It’s kind of a lofty expectation if you just heard the question, but were not provided with any context.

Threaten to garnish

Staff Reports's picture

Q: I got a call from a debt collector regarding $2,000 I owe in medical bills. I’m trying to get my finances in order and pay this off, but I’m afraid they’ll follow through on their threat to garnish my wages. Can you give me some advice?

DOT reform

Staff Reports's picture

In July Gov. Henry McMaster acquired the power to fire any or all the Department of Transportation’s commissioners. It was a DOT-reform element in the gas tax bill that was passed this year.


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