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Lost: Cow, black with white face, female, west of La Vernia, near 2831 FM 1346, weighs about 1000 lbs., she is a fence jumper. Anyone with information call 830-534-4675.

VideoFound female med sized dog on Hickory Hill Dr in LaVernia. Pic in WCNews online ad. Probably not neutered, very playful and gets along well with cats. Please call 830-947-3458

VideoLost: Cat in Floresville, end of Sutherland Springs Rd., wearing blue flea collar, grey and cream with tabby stripes, my little boy is worried about me. Call 210-216-9634 or 830-393-8496. 
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*Fair Housing notice. All help wanted advertising in this newspaper is subject to the Fair Housing Act which makes it illegal to advertise "any preference limitation or discrimination based on race, color, religion, sex, handicap, familial status, or national origin, or an intention, to make any such preference limitation or discrimination." This newspaper will not knowingly accept any advertising for help wanted ads, which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this newspaper are available on an equal opportunity basis.
F&W Electrical is now hiring journeyman, backhoe operators, and laborers. Apply at 6880 U.S. Hwy. 181 N., Floresville, Monday-Friday, 8-5. 830-393-0083. EOE.
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Section A: General News


Eagle Ford: Be tightfisted in crisis




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Dave Ramsey
Financial Straight-Talk
January 30, 2013 | 1,265 views | Post a comment

Dear Dave,

Recently, my husband had to quit his job due to an old back injury. We have $25,000 in debt, but I’ll be receiving a $38,000 inheritance in a couple of weeks. Should we use the money to pay off our debt, or hold on to it in case he needs surgery?

Kristen

Dear Kristen,

Now is the time to keep the cash piled high. You’re in the middle of an emergency, and that means you push the pause button on your Total Money Makeover and stop paying extra on debt. Surgery is a possibility at this point, plus you may need some of that money to live on until his job situation improves.

Then, the moment he returns to work and things are stabilized, you jump back into getting control of your finances. Use whatever is left of the $38,000 to pay off debt that very day. But right now you don’t need to worry about becoming debt-free, only to turn around and be in a mess in the event he has trouble finding another job.

Let me give you a warning too. Thirty-eight thousand dollars is a great gift. If someone handed me a check for that amount, I’d cash it in a heartbeat. But it’s not $380,000 or $3.8 million. It’s easy to develop a false sense of security if you’ve never received a check of that size. This kind of money is enough to keep the wolf away from the door for a while, but it’s nothing to retire on.

This little nest egg is a real blessing, Kristen. Just make sure you handle it wisely, and take into account all of the possibilities over the next couple of months. In a best-case scenario your husband won’t need surgery, he’ll find a job pretty soon, and you guys won’t have to dig in to the inheritance money. Hang on to as much as possible, though. This sounds like a time of personal and professional transition for you both, and having that kind of extra cash around could be a lifesaver!

Dear Dave,

My husband and I are on Baby Step 2 of your plan. We move every two or three years due to our jobs, so would it ever make sense in our situation to buy a house?

Janelle

Dear Janelle,

In most cases like this it doesn’t make sense to buy a house, especially if the real estate market in your area is lethargic. Some markets have bounced back and are doing very well, while some are worse than slow. It all depends on where you’re moving.

Here’s the big question: Can you get the place sold quickly the next time you have to move? Another thing to consider is whether or not you can sell it for more than it cost when the time comes. If not, you’ll be writing a check for home ownership, and that’s not a good plan.

As a general rule, a two- to three-year window is not enough time to own a home. There are rare exceptions to this rule, places where you have a hot, escalating price market. But if you’re not careful you’ll end up leaving behind a rental property and playing landlord, whether you want to or not!

Dave Ramsey is a best-selling author of The Total Money Makeover and the nationally syndicated host of “The Dave Ramsey Show,” which airs locally on radio station 550 KTSA. View column archives at www.daveramsey.org. Questioners’ identities have not been verified by the Dave $ays column or this newspaper.
 

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