January 4, 2011 shop online at www.broadcasteronline.com Page 5 DAVE SAYS: His wife has house fever Dear Dave, We’ve got $1,000 in our starter emergency fund, and we’ve paid off the last of our debt. We’re renting, but now my wife really wants to buy a house. On top of this, she wants to go the route of 100 percent financing and argues that a mortgage payment wouldn’t cost any more than we’re paying in rent. She’s extremely upset because I’m against the idea. How can I explain to her that this is a bad plan? Alan Dear Alan, It sounds to me like this girl has a bad case of house fever. I think she probably knows deep down this isn’t a good plan, but she’s found something she really likes and is mad because you’re not going along with the idea. When you buy a home with nothing down and no money in the bank, you’re inviting Murphy and his three cousins—Broke, Desperate and Stupid—to move in with you. The roof will start to leak, and your central unit will die before you’ve lived there six months. In other words, you’ll find yourselves right back in another mess just because you didn’t have the maturity and wisdom to wait until you had your fully funded emergency fund in place, plus a 20 percent down payment on that house! Here’s another thing. The idea that you save money because your house payment is the same, or even less than your rent, is one of the biggest myths out there. It costs more to own a home, period; especially on a shortterm, monthly basis. As a homeowner, you’re exposed to all kinds of things you never have to worry about as a renter. We all have times when we get excited by something we want and do things we shouldn’t do. I’ve done it, and I’ll bet you have, too. But in situations like this, you’ve got to sit down and talk things out. I’m not sure how to get your wife to realize this or act more mature, but I do know that people 1255 1475 1605 ATVs 2008 Polaris Ranger, wind-shield and ruff, new tiers, $9,000, (308)730-0730. 1270 Utility Trailers TRAILER SALE: New Finish Line Powder Coated Skid Loader Trailers, 7K, 10K, 12K & 14K Flat Beds & Tilt Beds. Aluminum Snowmobile Trailer Sale 2-3 & 4 place (5 yr. warranty). Zack Shack Fishing Houses also with Real Tree Camo! www.fortdodgetrailerworld.com, 515-972-4554 (MCN) 1400 Services PREGNANT AND AFRAID? Call Birthright 665-5580 (Yankton); 258-3436 (Sioux City); 334-8411 (Sioux Falls); 1-800-550-4900 (toll free). 1410 Agriculture 4WD QUALITY OFF-ROAD MINI TRUCKS FOR SALE 40MPG automotive engine, HEATER, full FUNCTION Cabs & more, several models to choose from. www.ulmerf a r m s e r v i c e . c o m (605)387-5660 or (605)661-5050, Menno, SD. Sucker Rod & Pipe. All sizes for fencing and manufacturing. Menno, SD. (605)387-5660 (605)661-5050. 1475 Other Services Looking for someone to sew and repair outdoor flags. Please call (605)624-8001 Other Services TONER CARTRIDGES RECHARGES for fax, copiers, and printers. Yankton Office Equipment, 314 W. 4th (605)665-2289. CHERRY ST. ADVERTISING Now available, your ad in lights on Cherry St., 5-10 times a minute. Call for details. Sean, (605)202-1396. One and Two bedroom apartments available. Rent based on income, utilities included. Call (800)-545-5307, or e m a i l rent@apcmanagement.com, Equal Housing Opportunity. For Sale: Registered Mini Aussies, all colors, males and females, available now. Call (308)653-2147, sandhillaussies@yahoo.com 1560 1615 Dogs - Puppies Cats - Kittens Kitten to give away: Female, black and white. (605)659-5115. 1605 3-bedroom Townhouse. River Court Apartments, Vermillion. Rent based on income. Must qualify by family size and income. Equal Housing Opportunity. 202-0008 or Skogen Company (605)263-3941. Furnished Upstairs one-bedroom apartment in private home. No parties or pets. Available Jan 3, $325.00, (605)624-2213. New large 2 and 3-bedroom, master bedroom w/master bath, his & her walk-in closets. Handicap accessible. No pets. No parties. Next to WalMart. 712-899-0505 Houses For Rent House for Rent: 326 Center, nice yard. $450. per month, 1 month deposit required. Pets okay. Avail. Jan.1st, (303)-570-9421. Apartments For Rent 1635 Celebrate after the win Dear Dave, My wife and I bought a franchise and are opening our own business next month. We’ve got $35,000 saved up, but my wife feels like the business is going to consume us for the next two or three years. She wants us to use about $3,000 of our savings and take a cruise before we open for business. What do you think? Chris Apartments For 1650 Rent One bedroom apartment for elderly or persons with disabilities at River Court Apt. 24 E. Duke, Vermillion. Hdc accessible. Must qualify by income. Rent based on income. Equal Housing Opportunity. (605)202-0008 or Skogen Company (605)263-3941. 1555 who charge into things of this magnitude without thinking are the very ones who end up in my office for financial counseling or filing bankruptcy! —Dave Commercial Rentals For Rent: Professional office in downtown Vermillion. Call Dick Sunde, (605)624-3392. Houses For Sale Newer ranch-style home with outbuildings and mature tress on 4.75 acres. Located east of Yankton on paved road. ( 6 0 5 ) 6 5 8 - 1 4 2 1 . www.yankton.net/30626 1660 Acreage - Lots For Sale 10 acres for sale half mile north of Hwy. 50-Eastside of Vermillion. Has rural water. (605)659-4837 OWN 20 ACRES Only $129. per/mo.. $13,900 near growing El Paso Texas (safest city in America!) Low down, no credit checks, owner financing. Free map/pictures 1-866-623-6706 www.sunsetranches.com nani Dear Chris, Here’s a good rule of thumb for opening a new business: Everything’s going to cost twice as much as you think and take twice as long as you expect. I’m sure you’re both smart people, but you’re probably not exceptions to this rule when it comes to opening and running a small business. Every single dollar connected with your business could mean the difference between survival and going under. I can understand where your wife’s coming from, but at the same time, I think this idea is really unwise. You’ve got to look at the big picture. You guys are going to be heart- 1700 broken if you have to close up shop in a few months because you ran out of money. On the other hand, if you work hard, stay smart, and make this thing a success, you can take a cruise later and really celebrate! Basically, right now you’re unemployed and have $35,000 with which to start a business. It’s time to rev up your engines and get to work. The time to celebrate is after you’ve won—not before you begin! —Dave * For more financial help, please visit daveramsey.com. Merchandise 1700 HEALTH/PERSONALS/MISCELLANEOUS: IF YOU USED TYPE 2 DIABETES DRUG AVANDIA between 1999- present and suffered a stroke, heart attack or congestive heart failure you may be entitled to compensation. Attorney Charles Johnson 1(800)535-5727. Lap top computer, $200. 2 brown recliners, $100 a piece. Tread mill, $100. 1999 GMC 3 quarter ton, 4 wheel drive, A-1 shape, $5,000. 2002 Buick LaSabre, $4,000. Call Don (605)675-9360 or Jody (605)670-3098. Merchandise MEMORY FOAM THERAPEUTIC NASA VISCO MATTRESSES WHOLESALE! T-$299 F-$349 Q-$399 K-$499 ADJUSTABLES - $799 FREE DELIVERY 25 YEAR WARRANTY 90 NIGHT TRIAL 1 - 8 0 0 - A T S L E E P 1-800-287-5337 WWW.MATTRESSDR.COM nani 1710 Antiques Collectibles Completely restored Hoosier kitchen cupboard/cabinet. (605)665-2364 call after 4pm. Please Recyle When Done Reading! Paul’s Plumbing, Inc. PAUL HAGENBUCH Residential • Commercial • Repair 900 N. Norbeck St., Vermillion, SD 605-624-3463 HOLMES WELDING For All Your Equipment Repair – General Welding & Fabrication Needs – Aluminum Welding Including Boats FOR SALE: New steel cut to your specs. We do custom ornamental metal work. Authorized LINWELD dealer for oxygen, acetylene and gases. 1 MILE WEST OF VERMILLION Established 1932 Business Exit 50 & Timber Rd. • 605-624-3532