Four rules for hiring and retaining your best employees

submitted by Ginny Grimsley, National Print Campaign Manager, News and Experts

Exorbitant student loans constitute just one reason why young people eager to experience the world may want to reconsider college, says Ed Basler, a veteran entrepreneur. There is now $1.2 trillion worth of college debt in the United States and the average borrower will graduate $26,600 in the red, according to The Institute for College Access and Success (TICAS) Project on Student Debt.

“None of this guarantees a job or even that a college grad will be job-ready,” says Basler, CEO of E.J. Basler Co. “After four weeks of business school I, the son of a businessman, had realized that the professor had no real-life experience running a business and that I wouldn’t learn the practical principles necessary to succeed. But I stuck with business school for two years until I dropped out, and I haven’t had any regrets 40 years later. Hands-on experience trumps a degree all the time.”

[Read more…]

Share

John H. Lindsey, Jr., earns professional designation

John H. Lindsey, Jr., CFP®, ChFC®, RICP®, Wealth Manager at Harvest Group Financial Services in Langhorne, has received the CERTIFIED FINANCIAL PLANNER™ (CFP® ) certification from the Certified Financial Planner Board of Standards (CFP Board) in accordance with their certification and renewal requirements.

With over 20 years of experience in the financial industry, John has worked at Harvest Group since 2012 and is responsible for building long-term relationships with his clients through comprehensive financial planning which starts with understanding their financial goals, time horizons, and individual circumstances. Utilizing his in-depth training and skill in analyzing and assessing his clients’ financial circumstances, John works with his clients to develop their financial freedom through diversification, managing risk, and creating income.

[Read more…]

Share

Understanding auto insurance

submitted by Michael C. Ksiazek, Esq., Stark & Stark Attorneys at Law, www.Stark-Stark.com

When most people purchase auto insurance, their primary concern is cost. If and when motor vehicle collisions occur, what really matters are the decisions we made about the types and amounts of insurance coverage we opted to carry. To be an informed consumer and ensure adequate protection, it is important to understand how auto insurance works.

[Read more…]

Share

Waiting to buy a home may cost you in more ways than one

submitted by Lynne Kelleher, Berkshire Hathaway Home Services/Fox Roach Realtors Newtown Office

If you’re considering a move, whether it’s into your first home or a larger one, waiting to do so could end up costing you thousands of dollars. With most economists in agreement that interest rates will most likely rise by the end of the year, the first way you end up behind the eight ball is with a higher interest rate for your mortgage.

Consider this – if rates move from their current 4% up to 5%, a $300,000 mortgage jumps $177/month from $1434 to $1611 for principal and interest. Or, that payment of $1434 now only buys you $267,000 worth of mortgage money – $33,000 less, which puts you in a different price category.

The combination of lower interest rates and moderate price appreciation also gives today’s buyers a huge leg up over renters and delayed purchasers when it comes to building long-term wealth.

[Read more…]

Share

Consumer Troubleshooter

submitted by Bucks County Consumer Protection Agency

Q. I recently read an article stating that Pennsylvania utility companies are considering charging an additional fee to customers who prefer their bills in paper form as opposed to receiving their bill online. I understand that the trend may be moving away from traditional billing, however, I am sure there are a large amount of people, like myself, that prefer paper billing.

I prefer paper billing because I do not own a computer. It sounds to me like those that do prefer paper billing are being penalized for preferring this traditional method of billing. Can they get away with this? T.H., Point Pleasant.

[Read more…]

Share

Bucks advisor attends exclusive workshop with America’s IRA experts

Retirement assets in the United States are estimated at $24.2 trillion dollars, according to The Role of IRAs in U.S. Households’ Saving for Retirement, 2014.

IRAs make up the largest single share of the retirement market, clocking in at an estimated $7.3 trillion.

[Read more…]

Share

Bucks County Opportunity Council announces new ED

The Board of Directors of the Bucks County Opportunity Council (BCOC) has announced the hiring of Erin Lukoss as its new Executive Director. Mrs. Lukoss has over 14 years of experience working at the BCOC, most recently as the Director of Client Services. This background, in addition to her connections with government agencies and other non-profit organizations throughout Bucks County, will help lead the BCOC into the future.

[Read more…]

Share

Elizabeth Gosek earns professional designation

Rosemary Caligiuri, CASL™, RICP®, President of Harvest Group Financial, recently announce that Elizabeth Gosek has earned the designation of Retirement Income Certified Professional®, (RICP®) from the American College of Financial Services.

Candidates for the RICP® designation must complete a minimum of three college-level courses and are required to pass a series of two-hour proctored exams. They must also have three years of experience, meet stringent ethics requirements and participate in The College’s continuing education program.

[Read more…]

Share

Consumer Troubleshooter

submitted by Bucks County Consumer Protection Agency

Q.  I recently applied for a small loan through my bank in order to pay off some credit card debt. As is their usual practice, the bank pulled my credit report and, according to them, my score was 500. However, when I pulled my credit report via TransUnion, it showed my score to be over 200 points higher. Why would there be such a difference? How do I know which report is most accurate? C.C. Langhorne.

A.  As you may be aware, there are three national credit bureaus; Equifax, Experian and TransUnion. Through any one of these bureaus you can find your credit score. The scores from each of these credit reporting organizations is solely based on the data that they have on file for you at their agency. That is the reason that your credit score may be different at each one of the main credit reporting agencies.

[Read more…]

Share

Consumer Troubleshooter

submitted by Bucks County Consumer Protection Agency

Q. I came home from work yesterday and checked the messages on my phone. One of the calls was from the IRS informing me that I owe money. They went on to imply that if I did not pay immediately, that they would be sending the police to arrest me. I know I do not owe the IRS any money but this phone call frightened me. What should I do? S.A. Doylestown.

[Read more…]

Share