Q: We’re working the debt snowball, and together my husband and I make $93,000 a year. The amounts of our remaining three debts are so close we wonder if we should take interest rates into account. Two are student loans for $2,970 and $6,700, while the other is credit card debt in the amount of $4,750.
Brent Garrett, executive director for Greater Greer Chamber of Commerce, welcomed Christy Ray and Foodies Farm Shop to downtown Greer at a ribbon cutting on June 30.
Greer State Bank recently introduced Larry Compton as senior vice president and mortgage director. He brings over 35 years in lending and mortgage experience and recently served as mortgage operations manager for the bank.
Q: My husband and I have seven kids. What parts of your program work best for large families?
Q: My parents left their six-figure jobs to enter the ministry when I was in high school. That was 10 years ago, and my mom still regularly asks me to share my money with them.
A $15,000 grant from Citizens Building & Loan (CBL) in Greer has helped purchase a new bus at Greer Community Ministries (GCM). The 2016 15-passenger Ford Starcraft Allstar is equipped with handrails and grab bars for easier access.
Q: I make $38,000 a year working in the trade show industry, and I’m about to start Baby Step 3. It took 14 months to pay off $8,000 in debt for Baby Step 2, so I’m wondering how long it should take to save up my three to six months of expenses. I’ve also not done a lot toward retirement. I’m 52, and I’m worried about that.
Bruster’s is back in Greer. An all-new shop serving Bruster’s famous premium, real ice cream is now open at 405 S. Buncombe Rd., across from the Honeywell plant. The new location replaces one that closed on Wade Hampton Blvd. in late 2015.
Q: My husband and I are retired, we both receive nice pensions, and we owe $46,000 on our home. This is our only debt. I’m 65, he is 82, and we have more than $800,000 in variable annuities, along with substantial cash in savings. We also have $200,000 combined in life insurance coverage.
The Greater Greer Chamber of Commerce named Concrete Connection, Inc. its Small Business of the Quarter at June’s First Friday Luncheon last week.