Broadcaster Press 5 April 17, 2018 www.broadcasteronline.com Dave Says Expenses, Not Income What Happens to the Debt? Dear Dave, I bring home $4,100 a month in military disability pay and Social Dear Dave, Security combined. My wife brings I’ve started your personal finance course in high school, so I’m home an additional $2,000 each asking this for the entire class. What happens to your debt if you month. Should we base our emerpass away with no relatives or heirs to take responsibility for what gency fund level on her income only, you owed? since mine is guaranteed? Elizabeth Lewis Dear Elizabeth, Dear Lewis, In many cases it simply does not get paid. Relatives or heirs of Your emergency fund shouldn’t be the deceased are not responsible for a friend or family member’s based on income. I recommend folks debt, except in cases where they have been a co-signer on that have three to six months of house- debt. hold expenses set aside in an emer- Let’s say someone’s parents died, and at the time of their death Dave gency fund. What would it take to operate they had $100,000 in debt in their names only. The only way that your household for that length of time if one debt will be paid is if they owned enough stuff — if they had or both of your incomes disappeared? enough in the way of assets — to pay the debt. If they owned a I don’t anticipate your income stopping, Lewis. But income loss $200,000 home, the house would have to be sold in order to pay isn’t the only thing you’re guarding against with an emergency the debts. Their estate would be the only thing standing good for fund. You’re also guarding against things like an illness in the fam- the debt. If they owned nothing, and had no co-signers on any ily, if the transmission in the car goes out, or your home’s heat- of the debt, the creditor would not get paid. The bank lost that ing and cooling unit needs to be replaced. There are many more money. crises that can come upon a family other than a loss of income. Elizabeth, I hope that helped. Please tell your teacher I said I don’t mind if you two lean toward the three-month side of ex- thank you for leading the class! penses, since your income is pretty stable. But always remember, — Dave an emergency fund should contain three to six months of expenses, not income. Thank you for your service, sir. * Dave Ramsey is America’s trusted voice on money and busi— Dave RAMSEY ness, and CEO of Ramsey Solutions. He has authored seven bestselling books, including The Total Money Makeover. The Dave Ramsey Show is heard by more than 12 million listeners each week on 575 radio stations and multiple digital platforms. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com. Governor’s Ag Ambassador Nominations Sought PIERRE, S.D. – The South Dakota http://sdda.sd.gov under the “Happenready in a dynamic, vital industry. Department of Agriculture (SDDA) is ing Now” section by clicking “2018 GovAgriculture is a major contributor seeking nominations for the 2018 South ernor’s Ag Ambassador Nominations.” to South Dakota’s economy, generating Dakota Governor’s Ag Ambassador The award will be presented during $25.6 billion in annual economic activAward. the eighth annual Governor’s Agriculity and employing over 115,000 South Nominees should be for individuals tural Summit in Rapid City on July 12. Dakotans. The South Dakota Departor organizations who have continually The 2017 Governor’s Ag Ambassament of Agriculture's mission is to worked to promote agriculture in South dor was Lake Area Technical Institute. promote, protect and preserve South Dakota, while demonstrating servant Lake Area Technical Institute’s Agricul- Dakota agriculture for today and toleadership, hard work, honesty, humilture Program is a top program, providmorrow. Visit us online at sdda.sd.gov ity and respect for others. ing students with hands-on, real world or find us on Facebook, Instagram and Key achievements of the Ag Ambas- experience so they graduate workforce Twitter. sador: • Provides visionary leadership to South Dakota’s agricultural industry. • Champions growth and prosperity of the state’s number one industry. www.precisionlawncaresd.com • Advocates for agriculMowing / Aeration ture and the responsible Landscaping stewardship of livestock Grass Seeding and land. Fertilizer / Weed Control • Highlights the sigSpring & Fall Cleanup nificance of South Dakota City of Vermillion Land?ll agriculture to our global Hedge Trimming / Irrigation food system. 31426 Bluff Rd • Influences decision Hours: M-F 7 - 4:30 makers to develop and imSat 8 – Noon (April - Oct) plement sound agricultural policies. ACCEPTED MATERIALS Nominations are due to SEPARATED BY TYPE the SDDA by May 11, 2018. The form can be found at State Historical Society Makes More Issues Of Historic Newspapers Available Online PIERRE, S.D. – Four new related newspaper titles have been added to the growing online database of historical United States newspapers, according to the South Dakota State Historical Society. New titles recently added include The Grant County Herald, 1879-1883, and The Herald, 1883-1890, out of Big Stone City; as well as The Advance, 1890, and the Herald-Advance, 1890-1922, out of Milbank, also in Grant County. In 2016 the State Historical Society-State Archives received a two-year $240,000 grant from the National Endowment for the Humanities to digitize historical newspapers. The project is part of Chronicling America, a Library of Congress initiative to develop an online database of select historical newspapers from around the United States. As part of the grant the State Historical Society-Archives will digitize approximately 100 rolls of microfilmed newspapers pre-dating 1922 to be included in this collection. This is the second grant the State Archives has received to participate in this project. “These titles join others that are already available on the Chronicling America website,” said state archivist Chelle (SHELL-ee) Somsen. “We now have 36 titles online.” Previous titles include the Canton Advocate, Dakota Farmer’s Advocate, Dakota Farmers’ Leader, Lincoln County Advocate, Canton Daily Leader, The Daily Press and Dakotaian, Yankton Daily Press and Dakotaian, the Press and Daily Dakotaian, Forest City Press, Hot Springs Star, Hot Springs Weekly Star, Turner County Herald, Kimball Enterprise, Kimball Graphic, Black Hills Union, Black Hills Union and Western Stock Review, Pierre Weekly Free Press, Sisseton Weekly Standard, Citizen-Republican (Scotland, S.D.), Mitchell Capital, Saturday News (Watertown, S.D.), Wessington Springs Herald, The State Democrat, Aberdeen Democrat, Sud (Soot) Dakota Nachrichten (Knock-rick-ton), Sud Dakota Nachrichten und Herold, Nachrichten-Herold, Deutscher Herold, The State-Line Herald, The Lemmon Herald and the Sully County Watchman. To view these newspapers, visit the Chronicling America Website: http://chroniclingamerica.loc.gov/newspapers/?stat e=South+Dakotaðnicity=&language. For more information, contact the State Historical Society-Archives at 605-773-3804 or visit www.history.sd.gov/ archives. State Archives hours are 9 a.m.-4:30 p.m. CDT Monday-Friday and the first Saturday of most months. City of Vermillion Solid Waste Department Announcement Attention all Residents of Clay County and City of Vermillion Clip and use: Land?ll Refuse Voucher Coupon Scot Vogel 605.202.0555 FREE ESTIMATES Garbage - household & business waste, including painted and treated lumber, mattresses, carpet, and furniture Ensembles with guest Andy Martin Missouri Valley Recycling 840 North Crawford Road Hours: M-F 8 - 4:30 Sat. 9- Noon Trailers available 24/7 at High School, Middle School, Vermillion Ace Hardware & Pump N’ Pak ACCEPTED MATERIALS Plastic #1 - pop, water, juice bottles Plastic #2 - milk, laundry detergent, shampoo Tin/Steel Cans - washed & label removed Metals/White goods - bikes, metal bins, sheet metal & wire, appliances Aluminum Cans - we purchase aluminum Wood - untreated & unpainted wood, trees, limbs Corrugated Cardboard - cereal, beverage boxes, and all paperboard Tires - prefer rims off Newspaper & Paper Egg Cartons Computer & White Paper - letter head & copy paper Yard waste - leaves, grass, and tree branches free at both Land?ll (Large Loads & Trailers) and Recycling Center (only small branches) for Residents Only Mixed Of?ce Paper & Junk Mail - window envelopes accepted, no manila envelopes Colton Recital Hall Electronics Recycling and Florescent & Compact ?orescent bulbs Glass - Must be brought to recycling center Free Admission All loads must be tarped or secured or a $15 ?ne will be applied. Do Not Litter the Roads Monday April 23, 7:30 PM Warren M. Lee Fine Arts Center Reduce Waste, try Recycling! St. Agnes Classic PLEASE JOIN US IN HONORING Barbara Hennessey April 21, 2018 Social Hour at 6:00 P.M. St. Agnes School Auditorium Tickets are $45 in Advance or $50 at the Door Dinner by Red Steakhouse Auction, Raffle & DJ For more information, please call: City of Vermillion Solid Waste Dept. Solid Waste Of?ce 605 677-7076 Shred Of?ce Paper - no carbon or magazines Magazines & Catalogues Books & Phone Books Agricultural Pesticide Containers - triple rinsed Car - lead acid batteries Lawn & Yard Waste - small ?nger branches (Large loads & trailers must go to land?ll) Usable Paint - Only “GOOD & USABLE” household hazardous materials (HHM) and paint. Bring in your usable paint and if you need paint, stain or other HHM, check our shelves. Great for that touch up, or special project. We Sell Mulch Landfill Refuse Voucher Coupon 2018 Please bring voucher to Land?ll - One voucher allowed per city residence - must be presented with valid driver’s license. The voucher will provide you up to $12 value at the Vermillion Land?ll. Good for use on multiple trips during the one day. Voucher may be assigned to commercial haulers or other straight truck conveyance. Vouchers are not valid for commercial packer or conveyance of household garbage. All Loads Must be Separated and Secured or Tarped Signature of Resident: ____________________ Print Name: ____________________________ Address: ______________________________ Date: _________________________________ Land?ll Use Only Experation Date November 30, 2018 Type MSW Yard Tree Metal Tires Other QTY ____ ____ ____ ____ ____ ____ Value $___ $___ $___ $___ $___ $___ #Trips ____ ____ ____ ____ ____ ____