2 Broadcaster Press August 20, 2019 www.broadcasteronline.com Dave Says Why Do I Need A Will If I’m Young Dear Dave, Why do I need a will if I’m still young and haven’t acquired a lot of wealth? Laura Dear Laura, In a case like yours, you don’t need a complicated will. But you do need an inexpensive, basic will. The larger and more complicated your estate is, the more you’d spend on estate planning and a will in order to ensure everything is properly addressed—and to keep the government’s hands off every- Keep The House Dear Dave, My wife and I are on Baby Step 2, and the only debt we have is $90,000 in student loans. We bring home about $90,000 a year. In addition to this, we have almost $60,000 in equity in our home. We also have a toddler, plus another baby on the way. Do you think we should sell the house, and rent for a few years, while using the money from the sale of the house to pay down our student loan debt? Chris How to Keep Back to School Time Dear Chris, No, I wouldn’t sell your home in this situation. You’re going to be out of debt in a couple of years or so, anyway. You’ll just have to lean into it, and make sure you’re livthing. ing on a strict, written budget. I’m talking about no vacaLet’s say you’re in your early- to mid-twenties and tions, and no eating out. You shouldn’t see the inside of a single. You have a car and a bank account, and that’s restaurant unless you’re working there. And the new kid’s it. In this kind of scenario, it’s going to be easy to work crib may have to come from a garage sale, but so what? through your estate. But it’s going to take your parents— Mine did, too. Want to know something else? I survived or whoever’s left—a whole lot longer to get those few without having a rich kid’s nursery, and so did my kids. simple transactions taken care of if you don’t have a will There’s a price to be paid anytime you decide to get in place. serious about gaining control of your money and cleaning The other thing you’ll always want to have in your will up a financial mess you’ve made. You’re going to have package is a healthcare power of attorney directive. This to work like maniacs and have no lives for a while. That includes things like who’s going to make medical decimight even mean picking up a part-time job at night or on sions for you if you’re unable to make decisions for yourweekends. You’ve got a tough couple of years ahead of self. As a part of this, you’d want to fill out the paperwork you, but I think it’s worth the tradeoff. on whether to disconnect life support systems in the Keep your house. event of a coma. These things aren’t fun to think about, —Dave but doing it will take a huge burden off the people you love. And all this becomes even more important if you have children, because the state will step in and decide * Dave Ramsey is America’s trusted voice on money and what happens to them if you don’t. business, and CEO of Ramsey Solutions. He has authored Having these things laid out ahead of time, and sharseven best-selling books, including The Total Money Makeoing them with your family and close friends, is a very ver. The Dave Ramsey Show is heard by more than 12 million thoughtful and mature thing to do for those who would listeners each week on 575 radio stations and multiple digital be left behind in the event of your death. They’re already platforms. Follow Dave on Twitter at @DaveRamsey and on going to be distraught and grieving, and you don’t want the web at daveramsey.com. to make it worse by leaving them with a lot of important, difficult decisions to make. —Dave Dave RAMSEY from Busting Your Budget By Rachel Cruze I remember as I was growing up, I always thought school was free. I mean, I understood that private school costs money, but I went to public school, and I didn’t think a whole lot about the expenses associated with it. Now that I’m older, I realize how much parents actually spend on their kids when they go back to school. In fact, the National Retail Federation reports parents plan to spend $696 on back-to-school supplies this year. Isn’t that crazy? There are the obvious school supplies like notebooks, markers (my favorite!), and backpacks. And as a kid, I always needed new clothes and shoes. But there’s not-soobvious ones that nickel-and-dime you to death. One of my coworkers told me that he had to buy football gear for his son that totaled $260. Understandably, it gave him a bit of sticker shock. There’s nothing wrong with paying for this kind of thing if you have the money, but you still need to have a plan for how you’re going to pay for it. As the school year is gearing back up, it’s important to make a list of things you need to budget for. So, think about these categories and come up with a dollar amount you plan to spend in each one: • School supplies • Uniforms • Sports equipment • Fall clothes and shoes • Meal plans • Fees for clubs, sports, band, and other extracurricular activities I’d like to point out that this is a great time of year to teach your kids that money isn’t in infinite supply. Teach them the value of working within a budget! They don’t need the trendy name-brand shoes, or the flashy notebook that costs more. You’re setting your kids up to win when they This year’s theme is “There’s No understand money can—and often does—run out. Time Like Fair Time.” For more Now, if you’ve already busted your back-to-school information on State Fair events, budget, here’s what you can do: contact the Fair Office at 800-529Get your budget back on track. Where can you cut back 0900, visit www.sdstatefair.com or this month to make up for the overspending? Is there anyfind them on Facebook or Twitter. thing lying around the house you can sell? Can you pick up Agriculture is a major contribsome extra hours at work? utor to South Dakota’s economy, Plan for future school expenses. Once school is back generating $32.5 billion in annual in session, there will be other costs that come up. School economic activity and employpictures, yearbooks, field trips and more extracurricular acing over 132,000 South Dakotans. tivities are just around the corner. And now you know how The South Dakota Department of to get ahead of them! Agriculture's mission is to proI know paying for all these school expenses can feel overmote, protect and preserve South whelming, but if you plan ahead and pay with cash, you’ll Dakota agriculture for today and feel a lot better when September rolls around! SD State Fair Advanced Daily Gate Admission Available Online HURON, S.D. – The South Dakota State Fair is excited to announce that fairgoers can now buy advanced daily gate admission for the 2019 SD State Fair online at www.sdstatefair.com. The SD State Fair is transitioning to an electronic system at the gates for admission and parking to help increase efficiency. It is the same system that is utilized for grandstand ticket sales, Etix. Admission and parking passes will have bar codes on them that will be scanned at the gates. Fairgoers coming to the fair that have an admission pass that has a barcode can go directly to the scanner. People leaving the fair and wishing to return will need to receive a handstamp upon exiting. Parking passes will be scanned upon entry and exit from the fairgrounds. Passes are only valid for the area and terms listed on the pass. “The goals for this transition are to increase efficiency for gate admissions and to eliminate any abuse or misuse of parking and admission credentials,” commented Peggy Besch, State Fair manager, on the change. The 2019 South Dakota State Fair will run from Thursday, Aug. 29, through Monday, Sept. 2. Channel Seeds Preview night will be Wednesday, Aug. 28. tomorrow. Visit us online at sdda. sd.gov or find us on Facebook, Instagram and Twitter. Please Come To Celebrate The Life Of... Deb Lane-Sargent Friday, August 23rd • 5-8pm Studio 13 Pub 1313 W. Cherry St., Vermillion Cash bar and food will be present Greg Merrigan Retirement Party Please join us to say goodbye and thank Greg for his 37 years as Clay Rural Water System Manager Wednesday, August 28th, 2019 2:00 – 4:30 p.m. Water System Office, 30376 SD Hwy. 19, Wakonda About Rachel Cruze As a #1 New York Times best-selling author, host of The Rachel Cruze Show, and The Rachel Cruze Show podcast, Rachel helps people learn the proper ways to handle money and stay out of debt. She’s authored three best-selling books, including Love Your Life, Not Theirs and Smart Money Smart Kids, which she co-wrote with her father, Dave Ramsey. You can follow Cruze on Twitter and Instagram at @RachelCruze and online at www. rachelcruze.com, youtube.com/rachelcruze or facebook.com/rachelramseycruze. Main Street Center & Lions Pancake Breakfast Fly-In Vermillion Municipal Airport Sunday, August 25, 2019 9 AM – 1 PM Pancakes, Sausage, Coffee & Juice PRECISION PAINTING •Interior •Exterior •Commercial •Residential Freewill Offering Served by the Vermillion Lions Club & Members of the Main Street Center. All proceeds will support the Main Street Center Quality Workmanship, Reasonable Rates Since 1983 CLINT TUCKER 624-4621 pe We ho n you ca !!! join us Newcastle Labor Day Celebration! Monday, September 2nd, 2019 SCHEDULE OF EVENTS •9:00-10:45 am ................................................................... Parade Registration •11:00 am ...................................................................................... Parade Begins After Parade •Food Stands Open ............ Pfister Park Vendors and Thresher’s Grounds •Kids Games Begin ..........................................Pfister Park following parade •Car Show and Tractor Show.........................................................Main Street •1:00 pm Brad Conrad and Trick Pony Show .............Threshing Grounds •1:00 pm Threshing Exhibit ....On Threshing Grounds South of Ballpark •2:30 pm Footraces ..........................................................................Pfister Park •3:00 pm Sand Pile Dig....................................................................Pfister Park •3:30 pm Watermelon Feed ............................................................Pfister Park Traditional Labor Day Festivities Thanks to the Newcastle Community Club Sponsored in part by a grant from the Dixon County Convention and Visitor’s Bureau 2 miles West of Madison, SD on Hwy 34 • 1-605-256-3644 • www.prairievillage.org NOTICE: PUBLIC MEETING The City of Vermillion’s Planning and Zoning Commission will be holding a public meeting on Monday, August 26th at 5:30 p.m. City Hall (25 Center Street) to discuss a draft of the proposed changes to the City’s Zoning Ordinance. The proposed amendments to the ordinance would change portions dealing with the conditional use permits, off-street parking, provisions as minimum requirements, annexations, planned development district compliance with comprehensive plan, amendments to planned development districts, home occupations, and manufactured homes.