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Fort Lauderdale man faces uphill battle with a mountain of debt

Big student loans and a heap of credit-card debt, but a low-paying job. It's a mismatch so many people face when they're trying to live on starting salaries. For Jamell Vanterpool, the mismatch is hurting him and limiting his future prospects.

"I can't keep up with the bills," he wrote, seeking a South Florida Sun-Sentinel Money Makeover.

There are two big questions he faces: Can he live on his salary? The answer to that one is no. And what can he do about it? That answer depends on what Vanterpool does next.

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US Treasuries hammered on return of risk appetite

In the afternoon, the US claims and existing home sales were mixed and hadn't an immediate large impact on trading. But US equities trading in positive territory kept the downtrend on the bond markets intact with bonds closing the day at the day lows, although details about the bond insurer plan remained unclear. On the other hand, the Bush administration reached an agreement with the leaders of the House of Representatives over a USD 150 B fiscal stimulus package to stave off a recession. In a daily perspective, US yields rose between 8-16 bps, compared to 7 to 22 bps in the euro zone. The difference was mainly due to different closing hours.

US Treasuries hammered on return of risk appetite

Today, the calendar is completely empty.

The 20-year TIPS auction went well, as it stopped below the 1.00PM bid side.


Elementary students learn the value of money management

Children dream of being rich someday, and third-grade students at Liberty-Eylaus C.K. Bender Elementary School on Thursday learned the secret. Mark Lingle, Red River Employees Federal Credit Unions student loan administrator, shared with children some of the keys to smart money management. You are the future generation. If we can get you to save, you may not have to borrow as much when youre older, Lingle said. If you start saving now, youll see your money grow and grow. He told several classes of third graders how to build a nest egg. The first is to pay yourself first, or to save money in a consistent manner. Lingle said Americans save less than one-percent of their yearly income. When he asked third-graders why most people do not save, several had answers that ranged from credit cards to advertising.


Boys Basketball Insider: Tight race for Suffolk League VII ...

Now, almost two weeks later, Center Moriches and Southampton find themselves tied with a league-best 6-1 record.

"We needed that Southampton win," said Ward-Adams. "At the end we kind of broke down a little. They basically took it over and the lead was gone after that. We just threw away that win."

Any coach in the league will tell you the same: Unlike in years past, League VII now provides the best competition in Suffolk County. And with a title race so tight, every moment must be seized, not wasted.

Four teams - Center Moriches, Southampton, Port Jefferson (5-2) and Babylon (5-2) - stand a chance at claiming the top spot. Plus, Hampton Bays, a team that has rebounded from a shaky start and is now 3-4, could be trouble for other teams down the stretch, now that sophomore Bruno Cavallo is suiting up for the Baymen.


Debt And Your Taxes

This makes debt management more important than ever, because you are basically penalized by the IRS whenever you have interest that falls into the nondeductible category. Here's a quick summary on when you get a tax break for borrowing and when you don't. .


Owners lose home, and pets suffer, too

Once an animal has been adopted, the previous owner has no claim to the animal. A pet owner who surrenders an animal also runs the risk, in some shelters, that the animal will be euthanized if a home can't be found.

Some shelters try to minimize euthanization by capping the number of animals they take. Several said they have run up against those limits this year, even in the typically slow winter months, as owners are forced out of homes.

The toll on the surrendering pet owners is immense, shelter officials say.

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50 Guard members leave for deployment

I knew it would eventually come," said Anthony of being deployed with his diminutive 19-year-old daughter, who enlisted in the Guard in February 2007. “I support her 100 percent," he said.

Mei, whose mother is a member of the Navy Reserve, said she had always wanted to join the military, but with going to college full time, it worked better in the Reserve.

Mei, a 2006 graduate of Western Reserve High School, is studying chemistry and French at the University of Akron.

“I want to feel like I'm my own person, but since it is my first deployment, it will be good to have my father with me, who has been through it before," she said.

Anthony, a truck driver for Ohio Structures, has two previous deployments, one to Croatia and the other to the Middle East.

Anthony and Mei were like a lot of other people in uniform, and out, at Crossroads Church on Friday: Ordinary people doing extraordinary service and sacrifice for their country.



 

 

 

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