Friday, February 12, 2016
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VideoMissing: Male Boxer, since evening of Jan. 4, Hwy. 97 West, rear of Promised Land Creamery, $500 REWARD. Call 830-391-2240 with information.
Bear, please come home! Missing since October 22, 2014, black Manx cat (no tail), shy. Reward! Help him find his way home. 210-635-7560.

VideoLost dog! Two weeks ago our dog went missing. Black lab mix. About 2 years old. He has a scar on his belly and a black tongue. Please call 8305835601
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Help Wanted

Giggles and Smiles Learning Center now hiring teachers, must have high school diploma or GED, on job training, morning and afternoon shifts available. Inquire at 2000 10th St., Floresville, 830-393-3814.
Seeking individual to work in a local child-care center, paid holidays, etc., must be high school grad or GED. Apply in person at Cubs Country Childcare, 212 FM 1346 in La Vernia.
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Section A: General News


Essential expenses




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Dave Ramsey
Financial Straight-Talk
May 8, 2013 | 1,059 views | Post a comment

Dear Dave,

I’m following your plan, and currently I have $14,000 in my emergency fund. What are essentials for three to six months of expenses?

Brian

Dear Brian,

Basically, you should ask yourself this question: What would it take to operate my household for a month? There are several different things that could be classified as “essentials,” but if you take those things and multiply the number by three, four, five, or six, you’ll see how much money you need to have a fully loaded emergency fund of three to six months of expenses. This is Baby Step 3 in my plan.

Some people get really technical about exactly how many months of expenses they need to save in this range. And that’s okay. You can take a little time to evaluate things before moving on to Baby Step 4, which is investing 15 percent of your household income into Roth IRAs and other pre-tax retirement plans.

Believe me, it’s a great feeling to have a big pile of cash sitting there just for a rainy day. You don’t want to go nuts and make it so big that you sacrifice retirement or other important aspects of your life, but after a point you shouldn’t be too concerned whether you have three months or six months of expenses -- or somewhere in between -- saved just for emergencies.

Having a nice emergency fund, along with no debt, creates a wonderful sense of financial peace!

Dear Dave,

If a wife takes out a credit card in her husband’s name without his knowledge, and they get divorced, can the husband claim identity theft?

Nancy

Dear Nancy,

Absolutely! Unless they have power of attorney, anytime someone opens an account in a name other than their own, they have stolen an identity. Being married to someone doesn’t give you the right to sign their name to a document.

I knew a guy in the real estate business years ago who was doing a lot of property deals under his own name. Occasionally, the title company would require his wife’s signature, and he would sign her name on the papers himself. Sometimes he signed her name after calling her up and explaining what was happening, and she was okay with the situation. Then, he signed some papers she didn’t know about, and it came back to bite him. He was charged with criminal fraud!

You cannot legally sign your spouse’s name without first having power of attorney privileges. If you do, it’s called identity theft. It’s a crime anytime you lie to get money.

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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Section A: General News Archives


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