Nappanee Advance-News, Volume 112, Number 12, Nappanee, Elkhart County, 23 March 1994 — Page 4

Page 4

Nappaacc Advance News Wednesday, March 23, 1994

Financial Focus

Setting up budget now can save a lot of pain later

by John F. Kendall Personal Financial Planner IDS-Nappanee 't it’s not too late to make a New Year’s resolution. A good one would -be to set up a budget-and follow it Taking die time to itemize and organize your cash flow now could Save you a lot of pain at year’s end, aad at tax time next year. ; Many people today are concerned about having enough money for retirement or for sending children to college. They also want to make sure that they have funds for shorter-term .coals, such as vacations or new nfymiture. To start this process, you need to track how much money comes in and how much goes out—a simple cash flow exercise. The first part of budgeting is like taking inventory. You need to know where you stand. List your expected earnings for the year on a monthly basis. Don’t forget any interest or dividend earnings. The next step is to list your monthly expenses: mortgage or rent payment, car or other loans, insurance, school, groceries, gasoline, or other transportation costs, medical Expenses, clothing, and entertainment. ' If you’re not sure what to include, go through your checkbook, credit card receipts, utility bills, and store register tapes, to find out how you’ve spent your money. Remember infrequent expenses, such as

"Sen/ing the community for bver 100 years" NAPPANEE ADVANCE-NEWS 158 W. Market St., Nappar.ee, IN 46550 Ph., 219-773-3127 A PARK NEWSPAPER Published Wednesday - Entered at the Post Office at Nappanee, Indiana, as a Second Class Mail under Jhe Act of March, 1873, Publication Number 370960 /MV Robert Noren, General Manager reBarb Kaiser, Managing Editor lNzlN|)gW *IB.OO Per Year in Indiana Ssoosj"**"* *25.00 Per Year - Outside Indiana Personnel-College Students Pay Local Rate) NOTICE- ictures for publication are welcome, but no picture will be returned by mail unless a sell-addressed, stamped envelope is sent with it. No charge lor publishing pictures, news stories or announcements. t DEADLINES- splay and classified advertising - Friday noon. Nows £ Photos - Monday noon.

Nappanee Church of the Brethren - 304 Mack Drive Michael Fowler-Paetor 773-4044 9:30 am Sunday School 10:30 am Worship ' (Crib Room, Nursery Care and Handicap Accessible provided) YOU ARE WELCOME

THE IS ' MOVING TO SATURDAY DISTRIBUTION STARTING APRIL 2, 1994 To Our 25,000 Households, please don’t miss the great savings in The Farm & Home News. Keep an eye out for us on Saturday. To Our Advertisers, starting March 31st our deadline for advertising display and classified is Thursday Noon. Please keep this in mind so that our readers don’t miss your great savings.

health club dues, car license fees, and car maintenance costs. Expenses will fall into two broad categories: fixed-such as mortgage or rent, life and health insurance premiums, and car payments, and variable-which is juk about everything else.

Variable expenses, such as what you spend on entertainment, or on grocery shopping, for example, can change from one month to the next. When you have listed* all your income and expenses, go over the figures again to see if you’ve missed anything. Next, put essential spending such as housing, groceries, and insurance in one column, and discretionary spending such as entertainment and clothing in another. Your task now is to analyze your cash flow: are you spending mine than you get? How have you been spending your money, and is this the way to spoid it? Are there any areas where you might be spending more than you want, or than is justified? You may need to consider cutting back in some areas. Perhaps this will mean eating out less often, spending less on prepared foods, or making do with new accessories rather than buying complete outfits. You also may be paying more than necessary for some things. Get quotes on auto insurance, for example, or check to see if your deductibles can be increased. Cutting back on certain expenses is the first step in freeing up more

money to pay off debts, or to save far retirement or other long-term financial goals. It might take several months of fine-tuning to determine what allocation of funds works best for you. There may be other areas in which you can save money without feeling a pinch. A financial planner is a good resource person for providing costsaving tips, determining how to work within your means and helping to set financial priorities and goals. Elkhart County Wanted of the Week Wanted for attempted murder by the Elkhart County Sheriff’s Department is Leslie R. Benitez, bom May 18, 1969. Mr. Benitez is a hispanic male, 5-9,145 pounds, with black hair and brown eyes. Crime Stoppers will pay SIOO for information leading to his arrest. Crime Stoppers also pays cash rewards for information on ether felony crimes and criminals. You don’t need to give your

JHH

LESLIE R. BENITEZ

name, but will be assigned a code number. Crime Stoppers-it works! Dial toll-free, 1-800-342-STOP.

Blood pressure The Elkhart County Health Department will offer free blood pressure screenings, Tuesday, April 19, from 12-2p.m., at the Nappanee Public Library, 157 N. Main St.

THREE EXCITING WORSHIP OPPORTUNITIES 8:15 a.m. 9:30 a.m. 10:45 a.m. Nappanee Missionary Church St. Rd. 19 & C.R. 50 773-7773

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Ken Johnson, right, chaplain for the Indianapolis Colts, and a former All-American college football player, spent several days in the Nappanee area recently, sharing his message “Pursuit of Excellence." Johnson appeared at The Ark Church for several services, and addressed a rally at North Wood High School. He also worked out in the weighfroom with North Wood students,

Years ago... , Factory destroyed

100 YEARS AGO MARCH 28, 1894 The shoe factory for which Nappanee was negotiating was destroyed by fire one week ago Monday night, just about the time Mr. Daniel Zook left here to make an investigation of the institution in the interest of the town. 75 YEARS AGO MARCH 25, 1919 The town board held a special meeting Friday evening, to appoint a committee to attend the county roads convention at Goshen on Saturday afternoon. Frank Coppcs, George L. Lamb and James Chilcotc were appointed. Mr. Coppcs has since resigned, not being able to serve on account of his health, and N.A. Lehman has been appointed in his

Union Twp assessor sets hours The Union Township Assessor will be available for the people of Union Township, Saturday mornings, March 26 and April 2,8a.m.-noon, at the Union Center Elementary School cafeteria. The assessor will also be available at the Foraker Fire Station, Saturdays, April 9 and 16, Ba.m.-noon. All necessary personal property assessment forms, plates for non-motorized vehicles, and dog tags will be available. Completed forms are to be returned to the Township Assessor, 302 E. Wood view Dr., Nappanee, IN. 46550, as soon as possible. The deadline is May 15,1994. If you have questions, call 773-5534.

SCOTT HOFFER CHEVROLET Gee Many Good Reasons !o See US for your next car *

1 ’93 GMC JIMMY 4 door, SLE package. qqj loaded, one owner lOj/73 2 ’92 GEO METRO rftc 5 spd., 8500 miles , ’B7 CHEVY SlO ’9l PONTIAC SUNBIRD 4 CONVERTIBLE *10,995 ’9O ASTRO 8 5 PASSENGER VAN Loaded, front A Si 7 QQC rear air conditioning 1J,77J , ’9l PONTIAC GRAN PRIX STE ® Loaded, 30,000 miles, - - 4 door ’B9 VW CABROLIET 7 CONVERTIBLE *10,995 g ’B6 FORD ESCORT 4 cyl., slide, air *2,595 9 ’B7 CHEVROLET l-TOJ'J Dually Pickup, 350 V-8 ~ auto., loaded 0,595 n ’B9 CHEV. VAN 1U pull size w/Gladiator flftE Conversion, loaded IU,WS

111 W Center Bourbon 342-3665 1-800-404-6465

Special guest

place. The Victory Liberty Loan Campaign will open Monday, April 21, and end Saturday night, May 10, according to an announcement by Secretary of Treasury Glass. Fiveyear notes have been decided upon instead of long-term bonds. The short-term notes will stay at or near, par. About half the pupils were out this week with the mumps. For the first time in three years, Theodore Price missed his first day of school, the first of this week. A war tax on soda fountain products will become effective May 1. Ford truck and horse and buggy collide in accident at Elm and Walnut Streets Monday evening. Mrs. Kcturah Mackic and I I.G. Bollman slightly injured. Buggy badly demolished and wind shield on auto broken. 50 YEARS AGO MARCH 23, 1944 Lulu Eby and Dr. J.S. Slabaugh were reappointed to serve on the library board for two terms. Harter A. Wright, member of the city school board, tendered his resignation to the city council, as he leaves for training in the services. His resignation was accepted, but the council deferred action on appointing of another member until the next meeting. On Sunday evening, March 26, at 6:30p.m., members of the American Legion and the Ladies Auxiliary of the local post, will meet at the legion for a carry-in dinner and get together. At this meeting the veterans of WWll, who have joined the local of the American Legion, will be inducted, and the 25th birthday of the American Legion will be celebrated. Several from Nappanee went to Indianapolis today to be assigned to camps for basic training. Among those reporting were Morris Nine, Kenneth Culp and Paul Scchrist for army training, and DcVon Hosslcr, Harter Wright and Carl Hoffcr, for assignment to naval stations. 20 YEARS AGO MARCH 28, 1974 Steve Slickcl named to Northern Lakes Conference basketball first team. Honorable mention for sophomore Todd Sheets. Donkey basketball game Monday night features teachers vs merchants, with the game ending in a 32-32 tic. Centennial costumes chosen, activities set, stock certificates sold. Student musical comedy, “Annie, Get Your Gun,” a smash hit. Cast includes Suzi Johnson, Brad Hardesty, Karen Lentz, Phyllis Charles and Fred Berger, among others. J&R Coppcs, Ltd., offers tennis shorts, shirts, sweaters and sox to “make you a reasonably-priced Wimbledon wonder. Ladies, too, for look-alikes.” Comment & Opinion The Nappanee AdvanceNews welcomes the viewpoints of readers on its editorial page. Publication of any letter will be at the discretion of the editorletters containing personal attacks on individuals, libelous statements, or profanity will not be published. Editing will be held to a minimum, and will not alter the intent of the letter. Please include your name, address and telephone number. Publication of name and city is required.

spoke to a student assembly, and, as pictured here, discussed the Sanctuary assistance program with Meadows Mobile Home Community manager, Denise Moore. Johnson is a nationallyknown high school assembly speaker and recording artist, and founded the Helping Hand Ministries. (AN photo by Merrie Chapman)

10 YEARS AGO MARCH 28, 1984 Building corporation forming for library building project. Fundraiser planned by “Friends of Greg Gessinger.” Veterans monument at Memorial Field* to be moved to Nappanee Municipal Center. Dennis K. Mishlcr honored as Rotary Member of the Year. Phil Cripc receives driving award from Preston Trucking. Ready for 16th annual Wakarusa Maple Syrup Festival. FIVE YEARS AGO MARCH 29, 1989 Firemen kept busy with grass and trash fires. Fire Chief Junior Mast asks residents to take care when burning trash. Resignations received from John K. Miller, assistant superintendent of schools, and basketball coach, Phil Lcchlitncr. Open house Sunday, April 2, for new fellowship hall and education wing at Nappanee United Methodist Church. Middle school wrestlers win conference title. Nate Lelle to compete at Junior Olympics Short Course National Championships, at Pensacola, Florida. LAST YEAR MARCH 31, 1993 School board outlines plans for middle school “facelift.” North Wood High School in “Dollars for Scholars” program. High school math club in state’s top 20. Local ministers outline new policy against pornography. Big “Wizard” cast delights crowds at North Wood. Strong leadership returns to North Wood High School baseball team. Returning lettermen include Chip Bradway, Neil Richmond, Trent Dodson, Eli Wcirich, Jeremy Mast, Jeff Hartzell, Ryan Hartman and Tim Thomas. Lesto arrives at Lackland Newly-promoted Air Force 1 st U. Tracey L. Lesta has arrived for duty at Lackland Air Force Base, San Antonio, Texas. Lesta, a clinical nurse, is the daughter of Karl K. and Eve Lesta, 1319 Northwood Drive, Nappanee. She is a 1985 graduate of NorthWood High School, Nappanee, and earned a bachelor’s degree from Indiana University School of Nursing, Indianapolis, in 1989. Farm toy show set in Columbia City The eighth annual Spring Northeast Indiana Farm Toy Show will be held Sunday, March 27, at the Whitley County 4-H Fairgrounds, Columbia City. There will be 84 tables displaying farm toys, toy trucks, and banks. All will be for sale or trade, with dealers coming from Indiana, Ohio and Michigan. Everyone is welcome-admission is free. Lunch will also be available. For more information, contact James and Jane Demske, 8479 East Old Road 30, Picrceton, IN. 46526. or call 219-594-5179.