Q: We have two daughters, and we’ve started thinking about financial planning for college. What are the differences between an Education Savings Account and a 529 plan?
Q: My dad and I have been having arguments over real estate and money. My wife and I are 33, and we have a rental property. We were trying to decide whether or not to sell the rental in order to pay down on our home.
Richard Medlock, will remain president and chief executive officer of Greer Bancshares, Inc. and its subsidiary, Greer State Bank, following a decision last week.
Medlock, who had been serving as interim president, will also serve as a member of the board of directors for both entities.
The board of directors of Greer Bancshares Incorporated, the parent company of Greer State Bank, recently announced an annual cash dividend of $.20 (twenty cents) per share to be paid on April 29 to shareholders of record on March 22.
Ryan’s restaurants in Greer and Spartanburg closed their doors Monday morning, leaving dozens of local employees out of work.
According to our news partner, WSPA, about 80 employees in Spartanburg and Greer, only recently learned they were out of a job.
Q: Do I set aside six months’ worth of paychecks or the amount of my bills for six months when it’s time to save up my fully funded emergency fund?
Q: My boyfriend is wondering if he should buy life insurance for his mom and dad. They’re both in their seventies, and they’re no longer married to each other. His mom is disabled and remarried, and she doesn’t have any life insurance coverage. The only coverage his dad may have would be through his employer.
Q: My wife and I are in our early 70s, and we’re retired. We have about $136,000 in corporate bonds and $200,000 in mutual funds. Considering our age, should we move the investments into a CD?
Truliant Federal Credit Union held a ribbon cutting ceremony last week to celebrate the opening of the credit union’s newest full-service branch off Pelham Road in Greenville.
The 2,500-square-foot building, located next to the Super Bi-Lo just of I-85, replaces the credit union’s previous location at 925 Old Airport Road.
Q: I work an extra job part-time for a retail store chain while I’m getting out of debt. I like my job, except for having to pitch the store’s credit card to customers. Like you, I believe debt is a bad thing. Still, my bosses are putting more and more pressure on me to sell the cards.