Q: My wife and I are trying to improve our finances by living on a budget and following your plan. We’re in the middle of Baby Step 2, so we’re working to pay off everything but our house using the debt snowball.
Last week, we answered a mailbag question inquiring about the Christmas lights on top of downtown buildings. We didn’t get a great answer about the origin of these lights, but we have since. Below are quoted comments from Steve Owens, Communications Manager for the City of Greer. Consider the mystery solved...
Q: What’s the story behind the rooftop lights downtown?
Q: I’ve been trying to save cash to buy a home, but things always seem to come up that eat away at my savings. I have $130,000 set aside, plus an emergency fund, and I make $120,000 a year. I’m debt-free and renting right now, but eventually I’d like to buy a house in the $300,000 range.
Q: My husband owns a small landscaping and masonry company. His profits over the last couple of years have been about $80,000 annually. We were wondering if we should be setting aside some retained earnings.
Q: What’s the best way to prepare my Thanksgiving turkey?
Q: How early is too early for Christmas?
Q: Our son is about to graduate from law school. He took out a loan to cover the cost, but we’ve always been debt-free and have been paying on it to help him out while he finishes his studies. The balance on the loan right now is around $30,000.
Q: When will the downtown construction clear up?
