www.cumberlink.com
Annual
Dollars & Sense
How to maximize your budget and plan for your future
The Sentinel www.cumberlink.com
Carlisle, Pa. February 28, 2013
2013
Young Adults
2/5
Everyone’s Saying... What’s coming next?
The weather is wacky.
Times just aren’t the same.
Prices are soaring.
This economy is sluggish.
In an uncertain world, it’s important to know who you can trust.
TRUSTED • EXPERIENCED • RELIABLE • SINCE 1968 Tuckey Mechanical Services, Inc.
Tuckey Metal Fabricators, Inc.
Tuckey Restoration, Inc.
Heating – Air Conditioning Plumbing – Electrical
Custom Fabrication – Precision Cutting Welding – Millwrighting
Remodeling – Damage Restoration Facilities Maintenance – Historic Preservation
717-249-1535
717-249-8111
717-249-7052
PA15821
PA32195
WWW.TUCKEY.COM
PA15828
Annual
D2 • The Sentinel
Thursday, February 28, 2013
Young Adults • Feb. 28, 2013 • Section D
2013
Annual Report Dollars & Sense
How to maximize your budget and plan for your future
Inside this issue... 4 Banks vs. credit unions: What’s the difference and what are the pros and cons? 4 How to build up a savings account and track finances
4 How to live cheaply (focus on paying off your debt) 4 How to build credit (what to do and not to do)
4 Difference between Roth IRAs, Traditional IRAs and 401(k)s
ST. PAUL’S LUTHERAN CHURCH 3442 Orrstown Road, Orrstown, PA 17244
Rev. Kathleen Coleman • Church: 532-3611• Home: 300-3371
Sunday Worship ~ 10:30am ~
Sunday School ~ 9:30am ~
Everyone Welcome! ECLA Affiliated
• 99 One Room Suites with adjoining sitting rooms
• Meeting and banquet facilities for up to 300 people
• 6 Deluxe Jacuzzi suites
• Gas Light Grille & Lounge with Seasonal Outdoor Dining
• Free Breakfast Buffet
COMFORT SUITES HOTEL 10 South Hanover Street Carlisle, PA 17013
Phone: 717-960-1000 Fax: 717-960-1010 1-800-704-1188 www.comfortsuitescarlisle.com
Call Me To Stage & Market Your Home For Sale! Carlisle, Shippensburg & the Cumberland Valley Area
Call Me for Details C: 717-609-3781 O: 717-300-3645 106 S. Conestoga Dr. Shippensburg, PA
WELCOME TO A NEW STANDARD OF LUXURY, STYLE AND COMFORT
SmartStrand® Silk™ with DuPont™ Sorona® is the ONLY luxuriously soft carpet that cleans with just water and has built-in stain and soil protection that never washes or wears off.
www.EssisAndSons.com PA 1634
Mechanicsburg
Harrisburg
Lancaster
6220 Carlisle Pike 697-9423
4637 Jonestown Rd. 545-4248
1320 Manheim Pike 393-2880
Chambersburg
York
Hanover/Gettysburg
1363 Lincoln Way E. 263-5772
2808 E. Prospect Rd. 757-0447
Rt. 94 3185 Carlisle Pike 624-0062
Annual
Thursday, February 28, 2013
The Sentinel • D3 Young Adults
How to live on the cheap, pay off debt by christen croley the sentinel
ccroley@cumberlink.com
Budgeting every dime comes naturally to some, but for those struggling to “live within your means,” the habit is a necessity — and the sooner, the better. “The sooner young adults can start those behaviors, it builds in a discipline of learning while they are young,” said Tom Bream, vice president and commercial relationship manager at Susquehanna Bank. “And it benefits them later in life.” “The first step is basically knowing how much you spend,” said Matt Bergman, financial literacy teacher at Milton Hershey School. “Its really important to get an accurate description of what you’re spending — whether that means using a notebook or an app.” Bergman said the power of knowledge when it comes to budgeting money and managing debt makes all the difference, particularly for low-wage earners. “When you don’t make a whole lot of money, you should prioritize your debts,” Bergman said. “There’s a school of thought out there that is, small wins first.”
t Debt
s
• See Living cheaply, D4
Welcome to...
Simply a
St Mik ell Pastor Pa 430 B Street, Carlisle • Re Rev. D Daniell R. Mikesell, 8:15 am and 10:30 am 9:30 am Wednesday 11:00 am Wednesday 6:30-8 pm (Ages 2 & Up)
George Blashford, DMD Master of the Academy of General Dentistry
CONSCIOUS SEDATION – GENTLE DENTISTRY
35 Westminster Dr., Carlisle 150 Hickorytown Road, Carlisle 258-0717 www.pheasantfield.com stay@pheasantfield.com
Voted BEST of Carlisle!
WESLEYAN CHURCH OF THE CROSS
Sunday Worship Sunday School Bible Study & Prayer Awana & Youth Clubs (September-April)
Savings
717-243-2372
www.blashforddentistry.com
Show her she’s the apple of your eye.
Hair Cut & Style • Hair Color, Texture & Treatments Facial & Body Waxing • Tanning • Spa Manicures & Pedicures Gelish Nails • Makeup Applications • Men’s and Women’s Facials Diamond-Peel Microdermabrasion • Therapeutic Massages Maternity Treatments • Mu-Xing Massages New! Infrared Sauna • New! Reiki Like us on Facebook
– Nursery Care Provided –
For more information, call 243-5145
717-245-0900 • 242 York Road, Carlisle BodySoleSalonDaySpa.com
200 S. Spring Garden St. - Carlisle
249-4888
Are more cancer patients surviving?
Yes. Positively.
Does she consider her work “optimistic and uplifting?”
Irina Sachelarie, M.D.
Her own mother was diagnosed with cancer when Dr. Sachelarie was finishing her residency. That may explain her choice of specialty and her focus on making patients feel comfortable. “Patients develop closer relationships with their oncologists. They feel the actions we take save their lives,” she said. Today, she notes there are multiple treatment options for different cancers. “One model doesn’t fit everyone. We customize each treatment plan.” For more information or to find a physician, please go to CarlisleRMC.com or call 1-855-249-CRMC.
Positively.
Annual
D4 • The Sentinel
Thursday, February 28, 2013
Living cheaply • Continued from D3
Bergman says some experts recommend paying off lower balance credit cards to boost confidence and create a “snowball effect” for remaining debt, i.e. tackling the second-lowest unpaid balance, then the third, and so on until all accounts are settled.
• See Living cheaply, D5
STUART COMMUNITY CENTER GYM, ROOM & PAVILION RENTALS CARLISLE COMMUNITY POOL BUS TRIPS / LEAGUES PROGRAMS / SPECIAL EVENTS STREET TREES / PARKS & TRAILS
Autos • Trucks • V Vans • etc.
415 Franklin Street I 717.243.3318
www.CarlislePA.org
Reliable Service
Speeding your path from hospital to home... Providing:
Physical Therapy • Occupational Therapy • Speech Therapy
CALL IT COMMUNITY CALL IT HOME!
The Arc of Cumberland and Perry Counties
Move in Specials!!
6 months free lot rent for any approved tenant that brings a new home into our community. We also offer 3 months free lot rent or a 1K appliance package! ASK HOW!!
7 717-432-4523 17-432-4523 www.walmarmhc.com
www.cparc.org Search The Arc of Cumberland & Perry Counties on Facebook
Nan form Carlisle says, ”Therapy was wonderful, really loved the staff.”
700 Walnut Bottom Road • Carlisle
717-960-7700
Empowering, Inspiring & Educating
Safe, effective relief is at hand. Skill and innovation can mean lifechanging results for our patients. We are one of two hospitals in PA to receive the Joint Commission* Certification in Spine Surgery. This Gold Seal of Approval assures you of experience in offering the highest quality care. Our innovation is verified by performing the world’s first Anterior Lumbar Spine Surgery with the da Vinci® robotic surgical system. Learn more about our commitment to quality treatments, patient safety, and successful outcomes at pinnaclehealth.org/spine.
Know us before you need us.
(717) 231-8900 pinnaclehealth.org/spine *The Joint Commission is the nation’s oldest and largest accrediting body in healthcare.
Scan for a video about innovative spine surgery.
Vote uS
Simply the Best!
Annual
Thursday, February 28, 2013
The Sentinel • D5
Sample debt stacking concept courtesy of primerica.com.
Living cheaply • Continued from D4
T h e o t h e r s t ra te g y “stacks” the original monthly payment of the newly settled account and applies it to the monthly
payment for the next outstanding balance until all debts are repaid. “It’s called debt stacki n g ,” B e r g m a n s a i d . “There’s a couple different schools of thought
about it. Some people say you want to pay the highest interest first, other say pay off smaller balances first.” D e b t s t a c k i n g s a ve s money on interest while
need a ride?
debt snowballing instills confidence and motivation to climb out of the red. Family Credit Management says setting aside money for savings and credit-cards payments is
essential to living within one’s means and paying down debt. One of the strategies FCM suggests i nvo lve s t ra c k i n g h ow much is spent monthly on day-to-day expenses:
coffee, lunch, cigarettes. For every $20 charged to a credit card with an 18 percent interest rate, a consumer’s total debt increases $200 annually, FCM said.
The Place to Shop for Toys & Gifts! John Deere Toys!
Rhythm Clocks!
Timer Candles!
Cumberlink.com/autos
Visit our
Bring thisAd and receive 5% off when you spend up to $30.00 or 10% off when you spend over $30.00 not includingVitamins or layaways
Scrapbooking Room!
Exp. 12/31/13
CRUISE HOLIDAYS OF CARLISLE
229 Penrose Plaza, Carlisle, PA 17013 (717) 243-3700 • (800) 555-3545 • FAX (717) 243-8187 E-MAIL: chcarlisle@embarqmail.com www.carlisle.cruiseholidays.com
6352 MCCLAYS MILL RD, NEWBURG, PA 717-530-9452 (If using GPS, put in 7210 McClays Mill Road) Monday - Friday 8-6 • Saturday 8-4 • Closed Sunday
Serving Our Community Since 1913
The Carlisle Chamber of Commerce is proudly celebrating 100 years of service to the greater Carlisle area. Look for more information in the coming months as we reveal events and celebrations that commemorate this milestone. We offer: • Area Restaurant Information • Points of Interest • Things to Do • Tourist Information
visit our
showroom
MEMBERSHIP DIRECTORY 2012-2013
• Relocation Information
The Greater Carlisle Area Chamber of Commerce has put together a package of materials that we hope will familiarize you with the Carlisle area and our diverse cultural, business, and recreational opportunities. Our relocation packet is FREE, so stop in today if you or someone you know would find this information helpful. 212 N. Hanover St. Monday through Friday, 8:30am – 4:30pm
DON'T MISS SAVOR THE FLAVOR A TASTE OF CARLISLE 2013 13th
Sunday, March 10th 11:30 AM to 2:30 PM Dickinson College Holland Union Building For more information, visit CarlisleChamber.org Do you have your Keycard? Use it to get discounts at Chamber Member businesses all throughout the Greater Carlisle Area. For more information, call the Chamber today! A Special Thank You to Carlisle Regional Medical Center for being our Keycard Sponsor!
212 N. Hanover Street, Carlisle, PA 17013 • (717) 243-4515
www.carlislechamber.org • e-mail: info@carlislechamber.org
.... to take advantage of our...
HOMESHOW SPECIALS! &
BEAM CENTRAL VACUUM INVENTORY
ANNUAL
CLEARANCE SALE save up to
DEMO CLEARANCE
SALE
$100!
EARLY SPRING BER BER GRILL TUNE-UP SPECIAL
SPRING VACUUM TUNE-UP SPECIAL
pick-up and delivery available. expires 3.30.13
*excludes some makes and models. expires 3.30.13
CHARCOAL PLATINUM GRILL
GRILL ACCESSORIES
save save $ $ * 30 5
up %to now $ * 199 50off
GREATON DEALS
save $100 model# 1364001
weber *excludes we
E210
area’s a r largestt se electi tio of unique e selection BBQ accessories:: S ELS DEL MOD
RU B S A N D S AUCE S • WOOD CH I P S COOK BOOK S • COV E R S • GR I L L PA ADS A N D MOR E !
5248 EA S MECH A N
T TR
IC S B U RINDLE ROAD G , PA 17 050
717.79 0.045 4
Annual
D6 • The Sentinel
Thursday, February 28, 2013
Young Adults
Seven steps to debt-free living 1.
Cut costs by dividing expenses into a “need” category (rent, utilities, gas) and a “want” category (dining out, cellphone, cable)
2.
Adjust income by exploring opportunities to increase cash flow
— ask for a raise, work overtime, apply for a second job or sell unwanted possessions on eBay or Amazon.
3.
Seek assistance through local churches and nonprofit organizations that supply food or clothing. Some
residents may also qualify for assistance paying heating bills under LIHEAP, the Low Income Home Energy Assistance Program.
4.
Prioritize bills by putting rent, mortgage, utilities and groceries before credit card payments.
5.
Talk to your creditors about your financial situation — many companies will work with consumers to reduce monthly payments, defer payments, eliminate late charges, or lower interest rates. Some money is better than no money at all.
6.
difficult or impossible.
7.
Investigate bankruptcy by speaking Look to the with an attorney before future and remember making any decisions. Declaring bankruptcy that no matter how high can seem like a quick- monthly debt payments can be, a debt-free fix solution, but the future is on the horizon. repercussions can negatively effect a --credit score for years, Information provided by making all other www.familycredit.org financial decisions
Carlisle's #1 Pet & Feed Store
Voted Best of Carlisle - Pet Supply 6 out of 7 years! OVER 5,000 SQ. FT. OF PET FOOD & SUPPLIES
Say good-bye to pain.
We can treat:
� Persistent Lower Back Pain & Chronic Neck Pain � Pinched Nerve Pain/Upper & Lower Limb Radicular Pain � Sacroilliac Joint Pain
� Failed Back Surgery Syndrome/Post e/Post Laminectomy Pain � Complex Regional Pain Syndrome ome � Abdominal or Pelvic Pain � Headache/Occipital Neuralgia ia
49 Brookwood Avenue Carlisle, Pennsylvania P: 717-218-8800 F: 717-218-8889
byebyepain.org
Pet Supplies • Dog and Cat Food Hollistic & Organic • Purina® Feeds • Blue Seal & Triple Crown Feeds • Horse Supplies • Horse Feed • Wild Bird Seed & Feeders • Caged Bird Seed & Supplies • Small Animals • Pond Fish & Supplies • 1,000 Gallons of Freshwater Fish • Mazuri Exotic Feeds • Special Orders Welcomed
WE'RE NOT JUST A PET STORE...
Poly Lawn & Patio Furniture • Grass Seeds • Fertilizers Perennials • Annuals • Candles • Lawn and Garden Supplies • Water Softener Salt Pine Tack Boxes & Saddle Cabinets • Mums • Pumpkins • And much more!
We Deliver!
Call today to ” say “bye-bye” to pain! Board Certified in Pain Medicine and Anesthesiology
Vinyl Windows
243-2233
Pet & Farm Center, Inc.
Ali Yousufuddin, MD
Beautiful & Durable
Family Owned Business for over 53 Years! 1025 RITNER HIGHWAY, CARLISLE Mon-Fri 8-6 p.m. Sat 8-5 p.m., Sunday 11-4 p.m.
www.kniselys.com
Retire Confidently. Request your FREE Customized Retirement Cash Flow Analysis from F&M Trust. You’ll receive face-to-face, personal guidance from Dave Gority and our Investment & Trust Services team right here. With more than $600 million in trust assets under management, F&M Trust can help you reach your financial goals reliably.
Our vinyl windows are energy efficient and can save you money. Ask us how!
• For Replacement Windows or New Construction • Maintenance-Free, Built to Last • Quality Home Improvement Saves Time & Money
Here’s what our customers have to say: “Just wanted you to know how pleased I am with the windows you installed... The young men were delightful, and so polite and friendly. They did a wonderful job in a short time and left everything spic and span...Thank you!”
To schedule your FREE no-obligation meeting, call Dave at (717) 960-1400. Dave Gority
Vice President Investment & Trust Services
Mrs. H, Chambersburg
423-5800
fmtrustonline.com
www.everlastwindow.com
910 Roxbury Road • Newburg
Fully Insured PA License #032867
CARLISLE OFFICE 139 West High Street Carlisle, PA 17013
Carlisle Crossing 214A Westminster Dr. 243-2215
www.ebenerhomes.com
Hanover Street 14 N. Hanover St. 249-1331
Ritner Highway 1901 Ritner Hwy. 960-1400
Boiling Springs 3 East First St. 241-4131
Camp Hill 3907 Market St. 731-9604
Mechanicsburg 6375 Carlisle Pk. 697-0444
SHIPPENSBURG OFFICE 430 East king Street Shippensburg, PA 17257
Annual
Thursday, February 28, 2013
The Sentinel • D7
Young Adult
How to build up your savings Tips on saving money, especially when you have none by christen croley the sentinel
ccroley@cumberlink.com
Saving money is a challenge for anyone at any age, but for high school and college graduates, the increased cost of living coupled with lower wages makes the task seemingly impossible. “One of the biggest things to do is take it out before you can reach it,” said Matt Bergman, financial literacy teacher at Milton S. Hershey School. “A lot of experts say aim for 10 percent of your paycheck, but even if you save $10 every paycheck, it can add up.”
“Discipline yourself not to even touch it (savings account). And increase the amount you save each year.”
Fast fact: The average person spends money three times a day (Rutgers Cooperative Research and Extension and Money 2000 and Beyond website)
Hollinger........... a name you can trust!
HOLLINGER FUNERAL HOME & CREMATORY
A FULL SERVICE FUNERAL HOME TO MEET THE NEEDS OF EVERY FAMILY
Matt Bergman
Financial Literacy Teacher
Bergman recommends setting up an automatic deposit into a savings account that cannot be easily accessed with a debit card or check. “Discipline yourself not to even touch it,” he said. “And increase the amount you save each year.” Rena Geesaman, market manager at Susquehanna Bank’s Carlisle office, also encouraged automatic deposits as a sound way to
Cumberland County’s skilled nursing care center more than 181 years!
HOLLINGER PET CREMATORY
• • • • •
PRIVATE CREMATION FOR YOUR PETS 717-486-8986
Hollinger
A Community of Care
Funeral Home & Crematory, Inc. 717-486-3433
VISIT US AT www.hollingerfuneralhome.com
Skilled Nursing in Rehabilitation Services Consulting Physician on Site Dieticians on Staff Heritage Harbor, a Secure Dementia Care Unit
1000 Claremont Road • Carlisle, PA • 717-240-1963 • www.ccpa.net/cnrc
• See Saving, D8
food. movies. entertainment. sports. parenting.
The Sentinel Covering Cumberland County from Shippensburg all the way to the West Shore Call 240-7178 to subscribe
Your family can build relationships and connections through our opportunities for all ages. Children and youth can learn and connect th through our energetic and caring children and youth ministries. Sunday Morning Services: 8:45 & 10:30 am info@carlislebic.org | www.carlislebic.org | 1155 Walnut Bottom Road, Carlisle 17015 | (717)-243-1863
Zimmerman Plumbing, Heating & Air Conditioning, Inc is there for you. Electrical • IndoorAir Quality •Air Conditioning • Duct Cleaning • Drain Cleaning Water Heater • Boilers • Plumbing • Water Treatment • Heating • Heat Pumps
110 East Allen Street • Mechanicsburg, PA 17055 (717) 697-3528 • Fax (717) 697-6746 LIC# PA4770
$50 Off Our Professional Duct Cleaning Duct cleaning could be the healthiest home improvement investment you could ever make Coupon must be presented at time of service. no cash value. Not valid with any other offer. HURRY – OFFER ENDS SOON!
717-697-3528
$10 Off A Carbon Monoxide Detector Coupon must be presented at time of service. no cash value. Not valid with any other offer. HURRY – OFFER ENDS SOON!
717-697-3528
$25 Off Any Service Call Over $100
$50 Off a High Efficiency Air Cleaner, Humidifier, or Ultra Violet Air Purifier
$50 Off Any 10-Year Warranty Water Heater
A great way to save when doing those long overdue repairs or remodeling.
Don’t wait any longer - improve your home’s indoor air quality today.
Save money and make sure you’re in HOT water whenever you need it.
Coupon must be presented at time of service. no cash value. Not valid with any other offer. HURRY – OFFER ENDS SOON!
717-697-3528
Coupon must be presented at time of service. no cash value. Not valid with any other offer. HURRY – OFFER ENDS SOON!
717-697-3528
Coupon must be presented at time of service. no cash value. Not valid with any other offer. HURRY – OFFER ENDS SOON!
717-697-3528
Annual
D8 • The Sentinel
Thursday, February 28, 2013
Saving • Continued from D7 build savings. “The best way to build up a savings would be to obtain a job and set up a portion of your direct deposit to a savings account,” she said. “That way, you’re not missing it.” The National Association of State Treasurers Foundation recommends reviewing utility bills, cellphone contracts and credit card interest rates for opportunities to save. Turning the water-heater temperature down to 120 degrees, for instance, saves 10 to 15 percent whenever it’s used, reducing a $200 bill by $30.
Fast fact: Putting aside every coin you touch usually results in saving about $50 a month (PNC Directions, Volume 1)
• See Saving, D9
Open Year Round for all
Look! It’s me! See your own community photos in The Sentinel on Sunday.
your floral and gardening needs
Cut Flowers • Weddings • Funerals Holidays • Spring/Summer Plants
Hoys Greenhouse
Mon-Wed 10-6 Thurs-Fri 10-8 Sat 10-6
129 West High St. Carlisle, Pa 17013 717-243-4744
• Books • Magazines • Postcards • Gifts • Local Artwork • Art Cards • Local History & Guidebooks • Jazz & Classical CDs
VOTED BEST OF 4 YEARS IN A ROW
249-3698 / 585 Cranes Gap Road
www.whistlestoppers.com
MON~TUES~THURS~FRI 8 AM-5 PM; WED 8 AM-NOON; SAT~8 AM-12 PM (Turn at Turkey Hill, 1.25 miles off Spring Road, Rt. 34)
3FLOORS OF QUALITY
NAME BRAND FURNITURE
399
$
FOR A SOFA ALSO AVAILABLE...
Loveseats, Chairs and Ottomans to Match
511 East Louther Street Carlisle, PA 17013
CONVEINIENTLY LOCATED ON 50 BONNYBROOK ROAD IN CARLISLE
717-249-3223
717-243-2189
WWW.SIGMANSFURNITURE.COM
www.wengermeats.com
Egger Funeral Home, Inc. F. CHARLES EGGER, SUPERVISOR
FRANK C. EGGER, FUNERAL DIRECTOR
Serving Cumberland County and the Newville Area for Over 40 Years.
1 1/2 miles S. of Carlisle Square on Rt. 34 (I-81 to Exit 47A to 34S, half mile on left) MONDAY-FRIDAY 10-5, SATURDAY 10-2; SUNDAY CLOSED
K C I P T LET CA ! YOU UP
Wi-Fi Onb
oard
MONTHLSY E PASaS as low s $49
We provide Traditional, Pre-need and Cremation Services
776-3414 EGGER FUNERAL HOME, INC.
�������� � www.CatTransit.com
15 West Big Spring Ave., Newville, PA 17241
LET US PUT OUR EXPERIENCE TO WORK FOR YOU!
Hanif Afghan
Charles Beam
Joan Beattie
Richard Boyd
Patience Eckman
Dave Fleming 385-5209
Ruth Osborne
Don Rickards
254-0864
884-4692
448-5050
385-8996
Cindy Manning 448-1414
Jeffery Miller
870-7402
Barb Murdocca 829-7982
Brittany Myer
Ann Marie Haggerty
Lisa Barrick
Kim Sykes
512-8552
Sales Manager
Office Administrator
Settlement Coordinator
269-1442
571-6591
732-513-7127
514-3644
Bob Foster
512-8430
Brian Horner
576-4291
Michelle Jordan
Pete Kafkalas
Susan Kennedy
Tina Kosinski 440-2467
579-0376
Gloria Smith
Sheri Stansfield
Candy Weller (Rentals)
Robert Wertz
Steve Wilson
Edna Wrightstone
Janet Yaw 385-1196
386-9492
319-2616
220-3520
258-0016
CA R L I S L E 7 17- 2 4 3 - 8 0 8 0
385-2124
574-7528
254-3205
385-1471
385-1234
Doris Law
Annual
Thursday, February 28, 2013
The Sentinel • D9
Fast fact: If you purchase one soda a day for one year, you will have spent approximately $365 (PNC Directions, Volume 1)
Saving • Continued from D8 The association also recommends keeping tires well-inflated and driving the speed limit to help save on fuel costs. Speeding and
rapid braking can reduce fuel efficiency by 30 percent and cost 20 cents more per gallon — and with average fuel prices holding steady in the $3.60 to $3.75 range, every cent counts.
Bergman says keeping track of finances and creating a spending/saving plan goes a long way toward creating healthy habits and, ultimately, financial stability. “Having the realization of
knowing what’s coming in and what’s coming out is the first step, really,” Bergman said. The National Endowment for Financial Education says that no matter how small a
budget, setting aside money — before paying bills or buying groceries — first and foremost remains the single most important step to building a savings account. “One question every in-
dividual needs to ask themselves is how bad do you want that thing?” Geesaman said. “Would you rather deal with the continued pain of regret as a result of that lack of discipline?”
Fast fact: A $5 sandwich usually has less than $1 worth of ingredients (PNC Directions, Volume 1)
Bored?
Check out the Community Calendar on cumberlink.com The
Scene
Every Thursday
We know where the bodies are buried
Specializing in new and used Mystery, Spy, Thriller and
… from Sherlock Holmes to James Patterson – Agatha Christie to Tess Gerritsen Horror
Dean’s
STARETEYROUR CAR TODAY!
Roofing
Specializing in:
• Roof coating • Shingle roof • New roof application & all roof repairs.
ARBERSTYLING A INSTITUTE
Also Installs Rubber Roof Free Estimates & Fully Insured
3433 SIMPSON FERRY RD, CAMP HILL
717-763-4787 BARBERSTYLINGINSTITUTE.COM
717-423-6544
DRAGO COMES TO MECHANICSBURG!
Puzzles
Best Best Thai Thai R Restaurant estaurant in Central PA for over 20 years 125 Gateway Square Carlisle Pike, Mechanicsburg
Available Exclusively Mechanicsburg Mystery Bookshop 6 Clouser Rd., Mechanicsburg
717-795-7470
Exotic Oriental Thai Cuisine
Voted
to Die Die For For to At
Bangkok Wok Welcome to...
Mec Mechanicsburg hanicsburg lo location cation is aacross cross fro from m LLegends egends Ba Barr aand nd Gr Grille, ille, easily accessible from the 581 extender. We do accept Visa, MasterCard & Discover.
OPEN Mon. thru Thurs. 11-9 ���� ����� � ���� ������� � ���� ������
BYOB
795-7292
Take-out available www.bangkokwok.com
at Shippensburg Su m mi t Health . org /Sh ip
SHippenSburg Medical caMpuS 46 Walnut Bottom Road • Shippensburg Family & Walk-In Care (717) 532-4148 • Imaging Services, Lab Services, Physical Therapy, Occupational/Hand Therapy (717) 530-5333
PrOgreSS PrOFeSSIOnaL CenTer 97 Progress Boulevard • MrI Services (717) 267-7145 • Sleep Center (717) 267-7162
Call today to schedule your appointment!
D10 • The Sentinel
Thursday, February 28, 2013
www.saylorshometownmarket.com
s s e n h s e r f u o y e iv g o t Striving ! s e ic r p w lo t a y t ie r a v & Saylor’s has been family owned & operated serving the Newville and surrounding communities since 1977. We pride ourselves in bringing you, our loyal customers, the freshest and finest foods money can buy.
Saylor’s philosophy is to always give back to our local community!
Loaded Grocery Aisles
Full Line of Frozen Foods
Fresh Meat Department
Full Line of Deli & Bakery Items
Fresh Produce Department
Hot Foods Bar
Deli with create your own subs
Lisa’s Floral Shoppe
Soft Serve Ice Cream, Shakes & Sundaes
We look forward forwardtotoyou youvisiting visitingusustotorelax relax and dine in our and dine in our restaurant area,area, enjoy the the convenience andand great savings new restaurant enjoy convenience great savings throughout thestore storeand andexperience experiencethethe hometown feeling throughout the hometown feeling you’ve you’ve to at expect at come tocome expect
Saylor’s - Your “Hometown Proud” Supermarket. 37 Carlisle Road, Newville, PA 776-7551 OPEN: MON.- FRI. 7AM-10PM; SAT. 7AM-9:30 PM; SUN. 8AM-6PM
ing the Newvill e Serv
2013
1977
Co mmu
nit y for 3 364 Ye
ars
Double Manufacturer’s Coupons Complete Details In Store
Young Adults • Feb. 28, 2013 • Section E
2013
Annual Report Dollars & Sense
How to maximize your budget and plan for your future
Young Adults
Banks vs. Credit Unions See story inside
PRESIDENT’S AWARD RECIPIENT FOR OUTSTANDING CUSTOMER SERVICE AND SALES PERFORMANCE
Homer Hetrick
Jim Galloway
President
VP General Manager
Brian Noll
Skip Glenn
Finance Manager
Bob Oley
Sales & Leasing Consultant
Bill Yiengst
Sales & Leasing Consultant
Sales Manager
LARGEST SELECTION OF FORD VEHICLES IN THE AREA. OVER 100 PRE-OWNED VEHICLES IN STOCK.
General Sales Manager
Brett Corcoran
Sales Manager
Bill Luszik
Steve Colpetzer
Larry Welker
Stu Bingham
Kent Bushey
Commercial/Fleet Manager
Steve Souder Sales & Leasing Consultant
Sales Manager
Internet Sales & Leasing
Bill Yovanovich Sales & Leasing Consultant
Mike Alfano
Internet Sales & Leasing
Bob Mermelstein Sales & Leasing Consultant
Don Barnes
Finance Manager
Sales & Leasing Consultant
Dale Gross
Sales & Leasing Consultant
1-800-422-FORD
1110 MARKET STREET, LEMOYNE
761-6700 Email: fords@lbsmith.org • www.lbsmithford.com
Bob Baldwin Finance Manager
Robb Dorf
Sales & Leasing Consultant
Earl Goodhart Sales & Leasing Consultant
Andy Pearlman Sales & Leasing Consultant
#1 LEMOYNE
Annual
E2 • The Sentinel
Thursday, February 28, 2013
Young Adults
Deciding where to put your money
Members own credit unions, shareholders own banks by christen croley the sentinel
ccroley@cumberlink.com
Ownership — not function — summarizes the difference between banks and credit unions. Both exist as places where consumers store money of all kinds: hard-earned paychecks, birthday gifts and tax returns. Both offer loans, credit cards and coincounting machines free of surcharges. It’s the differences between stakeholders lord-
ing over these deposits that matter. Me m b e rs ow n c re d i t unions. Shareholders own banks. This one difference sounds simple. But the power structure, representatives say, means the difference between more competitive interest rates, available technology and community presence. “The biggest difference between banks and credit unions is that banks are for-profit entities owned by private investors that are required to pay dividends
to their stockholders,” said George Nahodil, CEO of Member’s 1st Federal Credit Union. “While credit unions are not-for-profit cooperatives (member-owned) which pass along their earnings directly to members via reduced fees, lower loan rates, higher savings rates and free services.” Tom Bream, vice president and commercial relationship manager at Susquehanna Bank, says, “Credit unions
• See Banking, E3
CARLISLE CHRISTIAN ACADEMY Public Open House Friday, March 1, 2013 9:00 am - 11:00 am
Because: • You are looking for a quality, comprehensive, Biblically based Christian education in grades K-12 • You need before and after school extended care • You value committed, caring teachers • Your child enjoys participating in sports, the fine arts and special interest clubs • You want a safe, nurturing, healthy environment for your child
We Service All Makes And Models! 1394 OLDYORK RD.
DILLSBURG, PA 17019
Kennedy RV & Powersports (717) 432-9741
(800) 443-0062
kennedyrvandpowersports.com
1412 Holly Pike, Carlisle, PA 17015
www.carlislechristian.org
Please call to register for the Open House: 717-249-3692
Carlisle Small Animal Veterinary Clinic Full Service Medical & Surgical Facility Dogs • Cats • Birds • Exotics On-Site Cremation Services
Curtis Barnett, DVM Barbara Strock, VMD Patty Gabig, VMD Justin Eckenrode, DVM, MS Pamela Jennings, DVM
243-2717 25 Shady Lane Carlisle Beside Hoss’s www.carlislevet.com
Serving Carlisle & Surrounding Mechanicsburg Area For Over 40 Years
WE’L CARE L F YOUR OR P LIKE Y ET OU DO!
Annual
Thursday, February 28, 2013
The Sentinel • E3
10 financial tips for young people By Barbara Whelehan Bankrate.com
it happen yourself, even if it means taking out loans. One way to save on costs: Go to a community college first; then transfer to a fouryear university after two years. It’s easier to get a degree when you’re young than when you have a home, family and all the adult responsibilities that go with these things. Your earnings potential increases significantly with a college degree — which will come in handy if your other dreams don’t materialize. Plus, you will likely experience a love of learning that you will never outgrow.
If I could go back in time, I would do certain things differently. I’m not saying I have a lot of regrets. But when I was younger, I tended to have myopic vision. For instance, it was hard to imagine that one day I would be older. Even today, sometimes I look in the mirror and wonder, who the hell is that? I wish that, when I was younger, someone had sat me down and told me a few things. Or else I wish that I’d listened when someone attempted to do this. If you’re young, take a seat and listen up. These gems will help you on your quest for financial sucFind your purpose. cess. If you’re having trouble figuring out what you want to do with your life, look within. You were born with certain talents and natural Go to college. You may want to do something that doesn’t abilities. You know which subjects require a college degree. For in- you excel in and which ones you stance, you may dream of playing struggle with. Choose a career that professional golf or running a barn enables you to maximize your gifts and training horses. But give seri- in a way that fulfills you or helps ous consideration to enrolling in others. As you grow, your career college anyway. Yes, it’s a major may change along with your deinvestment, but if your parents are sires. But for now, gravitate toward unable to help you pay for it, make a field that feels like home.
2.
1.
Banking have a little bit of advantage with lower interest rates on their loans,” But he says “banks have the advantage because of their size. They have a little bit more technology and little more convenience.”
of ownership is clearly defined. The money customers pump into the bank contributes to the profitability of its shareholders. When a bank collects excess money, this money does not return
• See Banking, E4
Banks
Four thousand years ago, the first banks in Assyria and Babylonia loaned grains instead of cash. This system developed in ancient Greece and throughout the Roman empire into a moneylending operation that allowed customers to deposit and change currency — the staple function of modern banks. Unlike ancient banks, however, the delineation
be our friend.
6.
Collision WHY WAIT?
We can repair your vehicle immediately!
H&H will handle the insurance claim for you so you will have a stress free repair . We will tow your vehicle if needed or drive it in. Our experts will estimate and repair your vehicle back to preaccident condition. Tell your insurance company you want a quality repair @ H&H Collision
FREE CONSULTATION GET RID OF BILLS!
730 E. King Street • Shippensburg 532-2121 or Toll Free 1-888-532-2121
352 S. Sporting Hill Rd. • Mechanicsburg, PA 717-737-2033
Opening for the
Season
TO TTER IN U L C T A URN TH
T
11am - 7pm
@ Cumberlink.com/contests
5.
Use the credit card sparingly. This tip is also really vital. Bankrate receives tons of letters from strapped consumers who regretfully overused their credit cards and now find themselves in really dire financial situations, some contemplating bankruptcy. It’s easy to spend now with plastic and much harder to pay later. Use credit responsibly. Comparison shop for your card. Remember that you’ll be relying on your future earnings to pay for today’s credit card purchases. And if you keep a running balance, you’ll also be paying interest, sometimes at usurious rates. Don’t fall into this trap. Instead: Save money to meet financial goals.
Collision, Deer, & Hail Damage Experts!
Open 7 days a week Hours
win!
4.
chase represents a trade-off. Make these decisions wisely.
Place a value on money. It doesn’t buy happiness, but it can certainly make you comfortable. Just understand what it’s worth. Money is what you earn in exchange for your time in some productive pursuit. Let’s say you earn $20 an hour at your job, and you’re considering purchasing a TV for $500. You may calculate that you spend 25 hours, or about three days, earning that money. It’s worth it, you may think. But that’s not an accurate value estimate. If you’re single, you’re in the 25-percent tax bracket, so you actually spend about 33 hours earning the Follow the golden rule. net income required to make the Contrary to popular belief, the dupurchase. It still may be worth it, plicity and craftiness of Machiabut there may be competing devellian tactics won’t really help mands for that money, such as rent and car payments, not to mention • See Tips, E4 your retirement fund. Each pur-
JAMES M. BACH ATTORNEY AT LAW
BANKRUPTCY
• Continued from E2
3.
Begin retirement planning with your first job. This tip is so important. If the company you work for offers a 401(k) plan, sign up at your first opportunity. If there’s no such plan, divert some of your paycheck into an IRA. Believe it or not, if you’re lucky, one day you’ll find you are older, so it’s best to be prepared. Setting up automatic contributions to either one of these retirement vehicles at a young age will help you build wealth painlessly. Just as an example, let’s say you invest $200 a month beginning at age 25, and you earn 7 percent annually on that money. By the time you turn 65, you will have about $525,000 saved up. If you wait until you’re 35 to begin saving, assuming the same monthly investment and rate of return, you’ll have amassed less than half that amount — about $244,000. This illustration simply shows the impact that a 10-year head start can make on your savings, thanks to the magic of compounding. Do the math yourself with Bankrate’s retirement calculator.
Naturally, the more you earn, the more you can stash away. A better way to invest: Rather than target a specific monthly dollar amount, sock away 7 percent of your earnings in the beginning, and increase it each year a little bit until you’re diverting 15 percent a year.
Watch for summer hours
March 1st
CASH!!
WE OFFER TOP $ $ $
Floats • Sundaes Shakes • Cones Slushes Arctic Mounts • Cakes Pints • Quarts Coffee • Soft Pretzels
Try Our Low Fat & No Sugar Ice Cream Vanilla • Chocolate Strawberry • Butter Pecan
We now have Gluten Free Cones
Rita’s Will Brighten Your Day!
RECYCLE YOUR: • ALUMINUM
• COPPER • BRASS v• STAINLESS STEEL • STEEL • CAST IRON
Buy one get one free! Excludes gallons, party buckets & tubs.
Good thru March 8th - 17th
500 S. Hanover Street, Carlisle • 241-6310
Cumberland Recycling Inc. Recycling for the Future Tues-Fri 8am-4:30pm • Sat 7am-3pm 121 Stover Dr, Carlisle • 243-8781 Closed for Lunch Tues. - Fri.12 noon-12:30
Cumberlink’s on Facebook
Experience a Salon that offers Holistic, All Natural Health & Beauty! • Full Service Aveda Salon • Aveda Facials • Aveda Makeup • Theraputic Massage • Full Waxing Services • Himalayon Salt Cave • Ear Candling • Ion Cleanse Detox • Body Scrub Massage • Organic Extensions
Nancy Altmeyer
Tom Blefko
Mary Lou Comune
Benjamin Espenshade
Christine Ferringer
Mary Hawkins
George Jumper
Adin Kenes
Your Hometown Home Experts! 8 Brookwood Ave, Suite A, Carlisle, PA 17015
717-245-2100 • PrudentialHomesale.com
Jillian Dan McGeehan McNaughton
Faith Michael
Karen Miller
To Consider Prudential Homesale Services Group
Jeremiah Negley
Tricia Negley
Heather Justin Neidlinger Neidlinger
Kim Neidlinger
Concept Salon
Call for your appointment Today! 257 Penrose Place, Carlisle
717.218.8732
www.tranquilitysalonandwellnesscenter.com
Mike Neidlinger
Rob Neidlinger
Nicole Seifert
Bill Shearer
Linda Gilbert Gary Lori UlrichShover Shulenberger Sullivan
Michael Wonders
Annual
E4 • The Sentinel
Tips
Thursday, February 28, 2013
Banking
• Continued from E3
• Continued from E3
you survive, but instead will engender mistrust in your relationships. Treat others fairly, the way you wish to be treated. No one looks good when trying to make others look bad. When you’re on the job, avoid gossip. Beware that when someone takes you into his or her confidence to point out someone else’s foibles, it’s only a matter of time before your foibles come to light. Always be honest in your dealings with others. Seek out the company of people who are positive and supportive of your efforts.
7.
Select your partner wisely.Choose someone whose values match your own — not just where money is concerned, but more importantly, ethical and moral values. Get to know your soul mate over the course of at least a year. Passion is important, but trust more so. Make sure you are free to be yourself. If you hook up with an angry or overly critical partner, you will be subjected to hostility and may lose your sense of self. Conversely, if you’re the one with anger issues, resolve them before they poison a perfectly good relationship.
to the customers in the form of dividends or facility improvements. “Both entities are governed by a board of directors,” Nahodil said. “However, banks’ board members are paid to serve while credit unions’ board members are comprised of volunteers who reflect the diversity of the membership.” Large banks afford the luxury of multiple locations, diverse account options and an Internet presence — conveniences that smaller credit unions sometimes forgo. Rena Geesaman, market manager at Susquehanna Bank’s Carlisle office, described some of those tech-
nologies available to bank customers. “Starting in March, we will have an added feature which will allow people to deposit their check into their account by way of taking of a picture,” she said. “We also offer smart saver rewards, which is a dollar a month with automatic transfer into the savings account with at least $100 per transfer.”
“Banks’ board members are paid to serve while credit unions’ board members are comprised of volunteers who reflect the diversity of the membership.” George Nahodil
members 1st Federal Credit Union
Credit Unions Credit unions evolved out of 19th century Europe, where farmers created financial cooperatives as insurance for dismal growing seasons. The cooperatives assisted farmers in buying
Give your child a gift that will last an eternity...
• See Banking, E5
A Saint Patrick School Education
• National Blue Ribbon School of Excellence • National Achievement test scores in Top 5% • Average class size 17 students • Financial aid available to qualified applicants
All Faiths Welcome! 87 Marsh Drive, Carlisle PA
717-249-4826
8.
www.spscarlisle.us
Be prepared for the unexpected.Someday you may lose a job through no fault of your own. Prepare today by stashing money into an accessible emergency fund. The easiest way to do this is to automatically divert a portion of your earnings into a savings account in addition to the amount you’re contributing to a 401(k) plan or IRA. Try not to use that 401(k) money for emergencies. It will cost you plenty, between
We Grow them...
then clean them...
717-776-6029
WWW.MBGOURDS.COM Open Year Round Mon. - Sat. 10am-4pm
125 Potato Rd • Carlisle
• See Tips, E5
craft them...
and sell them.
Painting classes and tours are available.
Visit our website for details
ART CRAFT & DECOR The Largest Selection
SHOP THE
BLOCK
of Beads & Crystals in the Susquehanna Valley
We are THE bead store in Central Pennsylvania for seed beads, Miyuki Delicas, and Swarovski crystals. Visit our...
2,000 sq ft showroom featuring over 5,500 items.
Located in Historic Downtown Carlisle, PA on W. Pomfret & S. Hanover Sts.
We also carry a wide variety of Czech Pressed Glass and Fire Polished Beads, Findings, Clasps, Threads, Tools, and Books. Sign Up For Our Bead Classes!
STOP IN AND MEET OUR FRIENDLY STAFF! or visit us on our website: TheRollingBead.com
Your One Stop Shop for Beads
200 S. Spring Garden St. Carlisle, PA 17013
Live Music in the Garden, Every Sat. 4-6pm, June-Sept.
(717) 243-5300
717-245-0382
pac.pcs@comcast.net
(Castles Commons- Across from GIANT)
www.ANTIQUESonHANOVER.com Online Furniture Catalog
American Craftsmanship and Artistry at its Best!
17 N. Hanover Street Carlisle, PA 17013 717-249-6285 • 717-422-4679
�ARTISTS IN ACTION� demonstration schedule at the Current Events page of villageartisansgallery.com
Hours: Thursday-Saturday 10am-5pm and by appointment
321 Walnut Street, Boiling Springs 717-258-0256 Wed - Sat 10 - 6 Sun 12 - 5
Superior Fabrics for
Quilting
• 1,000s of Bolts • Quality Cotton • Quilting Fabrics Now Offering Quilting Classes Call Store for Details!
Beautify Your Home
Hunter Douglas® Showcase Priority Dealer
Extraordinary is our Goal. Handcrafted American Made Jewelry & Gifts.
Interior Shutters
41 W. POMFRET ST. CARLISLE, PA
243-5076
NEW CHANGES
IN
2013
Country Home Furnishings Store
Huge selection of lighting and bulbs Seasonal Country decor Salt glaze pottery...Pennsylvania made! Complete line of country curtains and braided rugs Vera Bradley retailer, ‘Life is Good’ tees, candles and so much more! Free ggift ift wrapping! ing! ing Celebrating Cele Ce lebr brat atin ing in g our ou r 29 29th th year yea earr in business! busi bu siness sine si ness ss!! Fre ss
Spring Hours: Mon 10-5; Tues-Fri 10-6; Sat 10-4
Visit Carlisle’s So-Hi Arts District & Discover the Best Boutique Shopping, Dining and Downtown Fun.
162 York Road, Carlisle | 717-243-5952
www.oldesusquehannahouse.com
Tues.-Thurs. 10-5, Fri. 10-6 & Sat. 10-4
Art Supplies rt Depot
a
105 N ARCH ST MECHANICSBURG 796-1400
www.gbartdepot.com
MON - THUR 9AM-6PM • FRI 9AM-7PM SAT 9AM-4PM • SUN 12PM- 5PM
Annual
Thursday, February 28, 2013
The Sentinel • E5
Tips • Continued from E4
trustee-to-trustee transfer, roll it over into your income and penalty taxes. new employer’s plan or For instance, if you have into a rollover IRA. $10,000 in your account and you’re in the 25-percent tax bracket, you’ll lose $2,500 Learn about to taxes, plus pay another $1,000 penalty for break- investing or hire help. It’s ing into the money before not rocket science; in the you reach age 55. (For IRAs, beginning you just need to the early withdrawal pen- overcome fear and select alty applies up to age 59½, one or two good, cheap with certain exceptions.) mutual funds. Ask the huBottom line: Your $10,000 man resources departdwindles to $6,500. Worse, ment for help with that. you will have lost the op- After you’ve amassed some portunity for that money to wealth, it may be time to compound and build wealth hire someone. If you do, you will obviously have to pay for your retirement. But don’t leave that mon- for the service. Get referey behind with the former rals and then check out the employer either, lest you qualifications and credenlose track of it. Instead, in a tials of a prospective finan-
9.
cial adviser or broker. Make sure you understand the fee structure of the services. Is it commission-based or do you pay an hourly fee or a percentage of assets or some combination of these fees? Ask for a complete breakdown. Also, check with the appropriate authority to see if any disciplinary actions have been
It’s not all about money. If you work at it, you will have abundance — through strong family ties and solid relationships as well as monetary assets. Take some time out each day to reflect on the good in your life. Spend at least one day a week in a recreational acBe thank- tivity or hobby that you ful for your good fortune. enjoy, and take a minimum
one-week vacation annually if you possibly can. My aunt Genie advises that you travel throughout your life, rather than waiting for retirement to do it. Again, save for the trip. If you have children, spend as much time as you can with them when they’re still young and dependent on you. Before you know it, they’ll be old enough to get a driver’s license, and you’ll see less and less of them from that point on. --Longtime financial journ a l i s t B a r b a ra M l o t e k Whelehan earned a certificate of specialization in financial planning.
a specific membership base united through common employers, religious affiliations, or volunteer associations. The collective representation means the credit union institution’s services benefit members only. Loan earnings do not pay investors, rather, the money cycles within the credit union and builds reserves, keeps
rates competitive, provides dividends and funds service and facility improvements. The Pennsylvania Credit Union Association says 520 non-profit credit union institutions exist within the state as of 2011, with a total of 3.7 million members and $37 million in assets. Credit union institutions don’t compete for business,
rather the different branches work together as members of the state league, the Pennsylvania Credit Union Association, and the Credit Union National Associa-
tion. Both the state league and CUNA provide legislative, educational, operational and public relations support for individual institutions.
“Learn about investing or hire help. It’s not rocket science; in the beginning you just need to overcome fear and select one or two good, cheap mutual funds.” taken against a certified financial planner or broker before you initiate contact. The Financial Planning Association’s Web site is a good starting point to search for a qualified planner.
10.
Banking • Continued from E4 seed and supporting their families with lower interest rates rather than those c h a rge d t h ro u g h l o a n sharks. A man named Alphonse Desjardins, of New Hampshire, established the first credit union in the United States in 1909, but cred-
it unions in Pennsylvania didn’t appear for another 23 years. Gov. Gifford Pinchot signed the Pennsylvania Credit Union Act in 1933, becoming the 38th state in the country to allow formation of financial cooperatives. So, much like 19th century European farmers, the credit unions of today serve
YWCA Carlisle
ywca carlisle
• Preschool classes • Adult wellness classes • Support groups • Girlpower and Afterschool homework clubs • Young Wonders summer day camp • Sexual Assault/Rape Crisis Services of Cumberland Co.
LOW MILEAGE LATE MODELS Diesel Truck Specialists Limited warranty included with every vehicle
301 G Street Carlisle, PA 717-243-3818 www.ywcacarlisle.org
901 Walnut Bottom Road, Carlisle
(717)243-0905
TAME THE BEAST Take control of your energy costs
eliminating racism empowering women
Rape Crisis 24 Hour Hotline: 1-888-727-2877
REFER
A FRI
E REVEI AND ND VE $5 0
When When y you ou s sign ign ig n up ffor or
Price Protection!*
1-855-779-6907 AeroEnergy.com *All offers require automatic delivery & approved credit. Special offers apply to new customers only.
JUST HAD LASIK East Coast Distribution Center 1 7 0 7 S h e a re r D r i v e , C a r l i s l e • 7 1 7 - 2 4 9 - 3 1 1 1
DELIVERING BARGAINS, DELIVERING GROWTH, DELIVERING RESULTS! Since 1991, Ross Distribution has been honored to be part of the Carlisle community, and proudly employs associates from the greater Carlisle area. With 1097 Ross Stores in 33 states, the District of Columbia and Guam, Ross is the 2nd largest off-price retailer in the United States. Ross currently has 108 dd’s discount stores located in 8 states. Ross and dd’s discount offer 20-60% off moderate department store and discount store regular prices.
Schedule your
FREE LASIK CONSULTATION
online at premiereyes.com or by calling 919-3650
30 YEARS OF DELIVERING BARGAINS
BEYOND LASIK –
we offer all of the FDA-approved Vision Correction procedures. A LWAY S A B A R G A I N . . . A LWAY S I N S T Y L E With 1205 Ross and dd’s stores in 33 states, the District of Columbia and Guam, Ross is the 2nd largest off-price retailer in the United States; reporting $8.6 billion in sales for fiscal year 2011.
Local Ross Stores... Colonial Commons
5100-C Jonestown Road, Harrisburg 717-671-6495
Carlisle Commons 100 Noble Blvd., Carlisle 717-240-0651
West Manchester
Mechanicsburg
6416 Carlisle Pike, Suite 2600, Mechanicsburg 717-790-9454
1275 Carlisle Road, West Manchester 717-848-4002
York
2855 Concond Road, Suite 350, York 717-840-4794
or visit www.rossstores.com
1524 Cedar Cliff Dr
CAMP HILL 761-3077
92 Tuscarora St
HARRISBURG 232-0843
2745 North Front St
HARRISBURG 238-6757
Annual
E6 • The Sentinel
Thursday, February 28, 2013
Young Adult
Financing a family Money advice for new and expecting parents
Have you ever heard the saying that “babies don’t come with owner’s manuals�? It’s true that no matter how many books you read, classes you take, or experienced parents you talk to, you can never be completely prepared for the challenges and joys of parenthood. You can, however, prepare yourself for the costs of a new baby - by looking after your finances before your bundle arrives. New parents don’t always prepare for the expenses associated with having a baby. One survey by Redbook Magazine and VISA found that less than 50 percent of expectant parents create a new budget that includes baby expenses. And while 76 percent of parents-to-be felt financially prepared for a baby, after the tyke arrived, 41 percent of new parents said they weren’t as
• See New parents, E7
GOT
AFFORDABLE KITCHEN UPDATES
WE DO! Providing high quality concrete & hardscape building blocks & supplies to central Pennsylvania for over 60 years
1 Day Tune-Up • Refacing Redooring • Custom Cabinets 717.422.5741
mlreidler@kitchentuneup.com
kitchentuneup.com
In Business since 1933!
kitchentune.upÂŽ
Locally veteran owned and operated franchise.
COLD BEER • ICE • SNACKS • MORE! 510 E. North Street Carlisle
243.5323
Your Complete Drive-Thru Service Never A Charge For Cold Beer!
Law Offices of
Saidis, Sullivan & Rogers Trust Matters
Mon. - Thurs. 8am to 9pm • Fri. & Sat. 8am to 10pm • Sun. 10am to 5pm 222 E. High St. • Carlisle, PA 17013 • (717) 243-2721
Custody, asset distribution, support and even uncontested divorces can be complicated. Be sure you have the right attorney leading you to your goals. Our experienced family law attorneys will counsel, negotiate, and litigate when necessary. We are trained Collaborative Family lawyers, mediators and litigators. Contact Marylou Matas or Hannah White-Gibson.
Marylou Matas Hannah White-Gibson West Shore 635 North 12th Street , Suite 400 Lemoyne, PA 17043 717-612-5800
Robert C. Saidis Daniel L. Sullivan Elyse E. Rogers John A. Feichtel Dean E. Reynosa Todd F. Truntz Marylou Matas Sean M. Shultz Robert B. Hamilton Hannah White-Gibson Of counsel John E. Slike Stephen L. Grose
QFH 025( $XGLHQFH 025( 2SSRUWXQLW\ We are the community’s primary local news and information resource. Week in and week out, our newspaper and its web site reach
Carlisle 26 West High Street Carlisle, PA 17013 717-243-6222
more adults in our market than any other single media. In a world full of options, our
www.ssr-attorneys.com
print and online platform cuts through the clutter and delivers a highly desirable audience. To get your message seen, call 717-243-2611 today to advertise.
Visit manpowerjobs.com
7R *HW 0RUH $GYHUWLVH7RGD\
We find the best in everyone and put it to work.
&DOO
The Sentinel www.cumberlink.com
IN THE COME EXPERIENCE THE PARSON’S DIFFERENCE
950 Walnut Bottom Rd, Stonehedge Square
Carlisle I 258-1945 eoe
717.532.8888
196 WALNUT BOTTOM ROAD, SHIPPENSBURG (OFF EXIT 29, I-81)
OPEN 24/7 @ WWW.PARSONSINTERSTATEFORD.COM
Thursday, February 28, 2013
Annual
The Sentinel • E7
New parents • Continued from E6 p re p a re d a s t h e y h a d thought. Taking steps like clipping coupons and buying secondhand clothes can help new parents save cash, but other important financial considerations - such as protecting their credit scores - require advanced planning. Here are some tips to help expectant and new parents to look after their finances:
Before the baby arrives
• Review your health insurance and what it covers. The full costs of pre-natal care, maternal care and delivery are not always covered by all insurance plans. As soon as you know you are pregnant - or when you make the decision to conceive - contact your insurer and ask for a detailed explanation of benefits. The Redbook survey found that unexpected hospital costs things that couples thought their insurance would cover - cost one in four new parents more than $2,000 from their own pockets. Knowing what’s covered, and what’s not, can help you determine how much cash to set aside for hospital expenses.
• Review your credit. One way or another, you will be spending money - a lot of it - when the new baby arrives. Whether you need to tap credit to buy nursery furniture or need a good credit score so you can get a better auto policy that costs less, it’s important to understand this aspect of your financial wellbeing. Enrolling in a product such as freecreditscore.com
Love food? So do we.
as nursery furniture, day care, and college savings. It’s important to estimate not only how much you’ll spend but when you’ll spend it, too. For example, your shortterm budget may include the cost of a crib - an item you will need immediately - but you may be able to postpone other furniture purchases like a dresser or changing table.
can help you understand your credit score and status, which can help you make informed decisions about how you will use credit during this potentially financially challenging time. • Create a spending plan. Your overall spending plan should not only include a budget for day-to-day costs like diapers, but a long-term plan for larger expenses such
B EER N CIGA R CARLISLE
Hours:
When you’re new parents • Buy wisely and frugally. From clipping coupons to buying off-brand names or purchasing from secondhand stores, it’s possible to equip your baby with everything he or she needs at a fraction of the cost of buying brand new, brandname retail products. It’s
Baye Auto Sales, LLC USED CARS
Mon.-Thurs. 9-9 Fri.-Sat. 9-10 Sun. 11-6
Buy Here Pay Here MAJOR AND MINOR SERVICE REPAIRS PA STATE INSPECTIONS 717-243-5550
249-2434
770 S. West St., Carlisle
1445 Holly Pike, CARLISLE PA
(Across from Wal-Mart behind the Gulf Station)
SNEEZIN’ AND WHEEZIN’? LOOKING FOR A REASON?
normal to feel pressured to buy new, top-of-theline luxury items for your baby, but used items and off-brand products can be just as good. Check out online ratings for a used item’s durability before you buy it, and see what other consumers have to say about cheaper brands of diapers, baby wipes and clothing. • Continue to keep an eye on your credit; it’s a key element of your financial health. Good credit directly affects your ability to buy that bigger house you need as Junior starts to grow, get an auto loan for a minivan, or secure a new job in some cases. The Internet can help. For example, freecreditscore.com offers a Score Planner that lets members and nonmembers see for free how their financial behaviors can affect their credit scores. While nothing can really prepare you for the agony of sleepless nights with a newborn or the joys of seeing your baby take his or her first steps, it is possible to prepare for the financial responsibilities associated with becoming a parent. Brandpoint
RELIABILITY & RUGGED DEPENDABILITY!
WE CAN HELP YOU SURVIVE THE SEASON
r fo d e r a p e r P Be Pool Season!! Pool Remodeling Pumps • Filters Liners • Water Testing Pool Openings & Closings Replacement Liners
CORREAL POOLS & SPAS
Call Now ! 243-5240
1953A WEST TRINDLE ROAD, CARLISLE
Rates are at an all time low.
We Treat:
• Sinusitis • Bee Sting Allergy • Skin Allergies
Several Models Available!
• Asthma • Rhinitis • Hives
• Food & Drug Sensitivity • Recurrent Infections • Immunodeficiencies
R&W EQUIPMENT
American Board of Allergy, Asthma and Clinical Immunology Carlisle: 717-243-7540 Mechanicsburg: 717-791-2640 Harrisburg: 717-920-4340 WWW.MEDICALARTSALLERGY.COM
2510 Ritner Highway, Carlisle M-F 8am-5pm, Sat 8am-12 Noon, Closed Sunday
243-2686
www.rnwequipment.com
Soups, Salads & Sandwiches prepared fresh daily!
WHAT DO YOU QUALIFY FOR? Call now for a quote or visit our website.
Cherish Cheris your
Independent Living Cottages & Apartments
We create raving fans by providing customers Great Service!
No Entrance Fee, Month to Month Rentals, two-bedroom, private cottages with full kitchens and one and two-bedroom apartments
4720 Carlisle Pike - Suite #300 Mechanicsburg
United Church of Christ Homes
Sarah A. Todd Memorial Home
717.730.4476
www.TeamHadley.com NMLS Originator ID # 138538 - NMLS Lender ID # 2289
Kings Gap
Environmental
Education Center
• More than 1,400 acres of forest on South Mountain west of Mount Holly Springs • The grounds are open yearround from sunrise to sunset • Sixteen miles of hiking trails • The 38-room Cameron-Masland Mansion and its garden • The center offers a variety of free natural history programs • From hiking to backpacking, family camping for beginners, kayaking and orienteering, Kings Gap offers many free or low-priced recreational programs. • Retreat weekends in the Cameron-Masland Mansion
For additional information or a complete program listing, call:
717-486-3799
or visit us on the web at: visitPAparks.com/parks/kingsgap.aspx
Kings Gap Environmental Education Center 500 Kings Gap Road, Carlisle, PA 17015 Visit the “Friends
of Kings Gap” at:
www.dcnr.state.pa.us/stateparks/findapark/kingsgap/index.htm
Located at the Army Heritage & Education Center 950 Soldiers Drive, Carlisle PA 17013
OPEN TO THE PUBLIC
Tues.-Sat.10 am - 2 pm Sun. 11 am - 2pm 245-3377 www.facebook.com/TheCafeCumberland
Expect More √ Convenient location right off of I-83 √ Free Car Wash with every service √ Largest Chevrolet inventory between Philadelphia and Pittsburgh √ Saturday service from 7 am to noon √ Family owned and operated since 1931 √ Free Shuttle service and Free loaner if we can’t finish your warranty repairs in one day
ALL COTTAGES AND APARTMENTS INCLUDE: Kitchen Appliances • Ample Closet Space • Emergency Call System Washer/Dryer • Private Patio 24 Hour Skilled Nursing & Specialized Dementia Care, Rehabilitation. Services include physical, occupational and speech therapy.
1000 W. South Street, Carlisle, PA 17013 (717) 245-2187 • Fax (717) 245-9733 VISIT US AT WWW.UCC-HOMES.ORG AND TAKE A VIRTUAL TOUR !
Certified Service √ Comfortable waiting area with Children’s play area and complimentary drinks and snacks √ 1st and 5th oil change are free √ Our Management staff is available at all times, we publish all our home phone numbers √ Customer Rewards Program offers 15% cash back √ Trade your vehicle with confidence, you share net gain on all traded vehicles sold at auction
E8 • The Sentinel
Thursday, February 28, 2013
Quality y.. S e l e c t i o n . S a v i n g s .
BET TER EVERY DAY
Helping Build a Better Community Since 1923 ESTD. CARLISLE PA. U.S.A
more ways to save every day! BONUS BUY Savings We work hard to negotiate discounts from our suppliers to bring you more BONUS BUY® Savings!
Gas Extra Rewards
Save 10¢ per gallon for every $100 in grocery purchases at any GIANT Food Store. See store for details.
freshness…
DOUBLE teed! guaranteed!
Double Coupons
Double the value of your manufacturers’ coupons when you use your BONUSCARD®! See store for details.
*
We promise you’ll be completely satisfied with your purchase of fresh products, or we’ll double your money back. *See customer service or GiantFoodStores.com for complete details and exclusions.
My GIANT Online
Print coupons, view our weekly circular and build an online shopping list that prints by aisle.
my
GiantFoodStores.com
Young Adults • Feb. 28, 2013 • Section F
2013
Annual Report Dollars & Sense
How to maximize your budget and plan for your future
Young Adults
Saving for the future See story inside
Roth IRA
Traditional IRA
King Street Addition SummitHea lth . org/N ewWi n g
401(k)
Annual
F2 • The Sentinel
Thursday, February 28, 2013
Young Adults
Why worry about retirement now? “The literature shows, everything shows, you never start soon enough. The reason for that is the compounding nature of retirement. Compounding interests, compounding investment monies over time. You can put a much lower dollar in at a younger age.” Dave Keffer
CEO of Cornerstone Federal Credit Union in Carlisle
“The literature shows, everything shows, you never start soon enough,” ccroley@cumberlink.com said Dave Keffer, CEO of Cornerstone Federal Credit Union in Carlisle. “The College graduates face enough chal- reason for that is the compounding lenges in a post-college world: navi- nature of retirement. Compounding gating the job market, repaying student loans, apartment hunting. So • See Retirement, F3 why worry about retirement? by christen croley the sentinel
COMPASSIONATE. PROFESSIONAL. Christopher H. Hoffman Owner/President William E. Hoffman Vice-President Robert A. Filburn III Supervisor Adam G. Shaffer Funeral Director
-Since 1875-
“137 years of continuous family-owned monument craftsmanship”
-Since 1907-
www.hoffmanroth.com
www.baughmanmemorials.com
Saint Patrick Shrine Church/Rectory: 152 East Pomfret Street, Carlisle, PA 17013 (717) 243-4411 www.saintpatrickchurch.org Saint Patrick Church/School: 85 Marsh Drive, Carlisle, PA 17015 (717) 249-4826 www.spscarlisle.us Lenten Daily Mass Schedule:........Monday through Thursday, Shrine Church, 6:45 AM and 12:10 PM Friday, Shrine Church 6:45 AM; Marsh Drive 8:30 AM During Lent:....................................Stations of the Cross, Fridays Marsh Drive at 1:30 PM; Shrine Church at 7:00 PM. Regular Daily Mass Schedule:......Monday through Thursday, Shrine Church 6:45 AM and 8:30 AM Friday Shrine Church 6:45 AM; Marsh Drive 8:30 AM (during school year) Weekend Mass Schedule:.............. Saturday, 5:15 PM Marsh Drive Sunday, 8:00 AM Shrine Church, Pomfret Street 9:00 AM, 11:00 AM, 5:00 PM, Marsh Drive
CREATING
Inspiring Business
Grow Your Business
• Referrals • Monthly Networking Mixers • Chamber Connects Exchange Group • Monthly Business News in Newsletter • Listings in Both Print & Online Directories
HAPPY HOMEOWNERS FOR 65 YEARS.
www.wschamber.org 4211 Trindle Road, Camp Hill, PA 17011
(717) 761-0702
Factory Authorized Sale
Winston Savoy Cushion
Entire Selection of In Stock Sets & Custom Orders Now
For a limited time, Customize your order at stock prices! Get the look you want with your choice of frame color and over 500 fabric selections this season! Guaranteed lowest prices of the season.
40
% off List Price
Dining Sets • Chat Sets • Deep Seating • Rocking Chairs Side Tables • Umbrellas • Tableware
Learn more at RyanHomesTSL.com
Visit our best-selling new home communities in the Cumberland Valley! Parkview at Boiling Springs Toll Free 855.817.5972 | Luxury single-family homes on up to 2-acre homesites from the $250s. Ryan Homes’ newest estate community in historic Boiling Springs.
Forgedale Crossing 717.218.5136 | New single-family homes from the $230s in Carlisle. Stunning mountain views and easy access to I-81 and Route 74.
MODEL HOURS: Mon, 1–6; Tue–Fri, 10–6; Sat–Sun, 11–6
BROKERS WARMLY WELCOMED. Winston Savoy Cushion
OUR SERVICES Stauffers Outdoor Designers will make your dreams a reality! We listen to what you want and then design & create an outdoor living space perfect for relaxation and entertaining so that you can enjoy your own private paradise. We will delight you with our White-Glove Delivery Service. This includes unpacking, removal/disposal of packing material and placing your furniture where you will enjoy it.
Mechanicsburg 51 Gettysburg Pike 766-7993 Lancaster 301 Rohrerstown Rd. 397-4718 www.skh.com
Special community savings available for a limited time.* *Offer valid for a limited time on new sales contracts written and financed through NVR mortgage through NVR Mortgage. Prior sales and homes under construction excluded. Savings vary by community, home and homesite, and may not be available in all communities or on all homes or homesites. Prices, offers and financing subject to change without notice. See a Sales and Marketing Representative for details. NVR, Inc. is a recipient of the EPA’s’s 2011 and 2012 ENERGY STAR® Partner of the Year Award - Large Builder, and Ryan Homes is an NVR brand. MHBR No. 56
Annual
Thursday, February 28, 2013
The Sentinel • F3
Retirement • Continued from F2 interests, compounding investment monies over time. You can put a much lower dollar in at a younger age.” The most convenient way to start a retirement fund, Keffer says, is through an employer-sponsored 401(k) plan. 401(k) retirement plans consist of an employee-determined contribution percentage of each paycheck, which is tax-deferred and then matched by the employer. “The benefit with those is the employer may match the contribution up to a certain percent or dollar amount, before tax dollars,” Keffer said. Rena Geesaman, market manager at Susquehanna Bank’s Carlisle office, said contributions to 401(k)s are usually deducted from paychecks before taxes and, combined with the employer’s match, can provide a simple way to save.
“It lets the employee set aside a percentage of their pay before taxes,” she said. “The advantage is that an employer will match your amount. You will also have lower taxable income and have money to retire and not worry about it.” But not all jobs offer 401(k) retirement plans—enter the individual retirement account, aka the IRA.” “It’s basically just an individual trying to build up a retirement fund,” Geesaman said. Two types of IRAs exist: a Roth IRA and a traditional IRA. Both accounts allow consumers to deposit money
and buy stocks and bonds, much like a 401(k) contribution plan and both plans have contribution limits, as determined by the federal government, set at $5,000 per year for those younger than 50 and $6,000 per year for those older than 50. The biggest difference between the two lies in the way the money is taxed. Traditional IRAs allow consumers of any income under the age of 70.5 to contribute money that can be in turn deducted on federal and state tax returns. If withdrawn before age 59.5, the money is taxed at the normal tax rate and account holders pay a 10 per-
cent penalty fee. Traditional IRAs require mandatory distributions at age 70.5 and relatives who inherit the account must pay taxes. Roth IRAs only accept consumers with adjusted growth incomes of less than $125,000 for single tax filers and less than $183,000 for married filers. The money is not deductible on federal or state tax returns, but can also be withdrawn tax-free at anytime before or during retirement. Both IRA plans a penaltyfree $10,000 withdrawal incentive for first-time homebuyers, but traditional IRA account holders will have to pay taxes on the money.
ready to buy? Cumberlink.com/homes
RESIDENTIAL • FARM • COMMERCIAL RCIAL/INDUSTRIAL INVESTMENT PROPERTIES
We Welcome You To Join Us
We help you
Realize your
Worship Services
DREAMS
DEPENDABILITY
A FAMILY OWNED INDEPENDENT OFFICE CE
Find it at
Sunday: 8:00 am and 10:30 am Wednesday: 7:00 pm Christian Education: Sunday 9:15 am Supervised Nursery • Handicapped Accessible Youth and Family Ministry • Voice and Bell Choirs
Trindle Spring Evangelical Lutheran Church
R&W EQUIPMENT
We provide Personal Attention ntion and the Time You Need to make oices the Right Real Estate Choices in Central PA.
2510 Ritner Highway, Carlisle • 243-2686 www.rnwequipment.com Sharon Spencer 385-0533 Scott Fickes 385-9198 Gary Foster 386-9221
FARM, LAWN AND GARDEN EQUIPMENT INDUSTRIAL AND CONSTRUCTION EQUIPMENT
14 State Road, Mechanicsburg, PA • 766-7091
Senior Pastor: Richard G. Lorenz • Associate Pastor: Sigrid R. Hipkiss Email: office@trindlespringlutheran.org • Web Address: trindlespringlutheran.org A Christ Centered Congregation since 1765
ENTERTAINMENT CULTURAL EVENTS
www.spencerandspencer.com
Relax... Afternoon Tea
featuring a variety of musical and comedic programs along with live community theatre,
& ENJOY
professional stage productions & independent and foreign films.
...OR STOP BY OUR GIFT SHOP!
Public Afternoon Teas Bridal Showers Baby Showers Spa and Afternoon Tea Fairy Tea Parties and Any Special Occasion Catering
R
OPEN WEDNESDAY THROUGH SATURDAY FOR AFTERNOON TEA NOON TO 4:00 RESERVATIONS RECOMMENDED
36 W POMFRET STREET CARLISLE • (717) 243.6292
717-258-0666
ONLINE TICKETING AVAILABLE
www.carlisletheatre.org
CHECK OUT WWW.CAMELLIAS-SIN.COM FOR MENU OPTIONS & EVENTS
40 WEST HIGH ST., CARLISLE
Barstools & Billiards Pool Tables Foosball Air Hockey Ping Pong
STOOLS Sonoma
Dunhill
New Rochelle
COME VISIT US...
HOME
Builders
SHOW
March 2-10
at The Farm Show Arena In Harrisburg!!
4715 Carlisle Pike, Mechanicsburg
737-8775
Madrid Pub Set
Jason
Tammy
FIREPLACE Doors&Accessories
20%
OFF
IN STOCK ITEMS Visit our website for everything available
BarstoolsAndBilliards.net
HOURS: MONDAY - FRIDAY 10 - 7 SATURDAY 10 - 5
Heating Oils & Motor Fuels
Residential Commercial Heating Cooling Plumbing
For All your Heating & Equipment Needs
Certified Ground Source Heat Pump Installer EE
FR TES ESTIMA
Automatic Delivery Safety & Efficiency Agreements Accepting New Accounts
Oil, Gas Heat Pumps Furnaces Central Air Units Water Heaters Boilers
SERVING THE AREA FOR OVER 30 YEARS
Phone: 717-245-2382 1524 E. COMMERCE AVENUE, CARLISLE, PA
www.carlislepetroleum.com
Annual
F4 • The Sentinel
Thursday, February 28, 2013
Young people: Buy bonds or bond funds now?
By Sheyna Steiner Bankrate.com
These days, few investors hew to the old rule of holding the equivalent of your age, in percentage terms, in bond investments. This is particularly true for those on the younger end of the spectrum. While some advisers and fixed-income experts recommend bond allocations for all investors, others say young people can do just fine with no fixed-income investments. So what should investors younger than 40 do about investing in bonds or bond funds? As usual when it comes to investing, the answer is “it depends.”
Isn’t there a looming bond apocalypse?
Unlike stocks, which represent ownership shares in companies, bonds are debt instruments issued by businesses, governments and municipalities. An investor trades the price of the bond for interest payments over a specific period of time. When the bond matures, the issuer forks over the principal. When an investor holds an individual bond to maturity, the only way to lose money
is if the issuer goes belly up and can’t repay creditors. That possibility is known as credit risk. Bonds are also subject to interest rate risk. With interest rates as low as they are now, rates have nowhere to move but up. And outstanding bonds will drop in value when interest rates rise. Think about it this way: Why would you buy a $1,000 bond paying 1 percent when the same price could buy you a 2 percent coupon, or interest rate payment? Someone in the market for bonds would say, “I’ll buy your bond for less than the face value so that when the bond matures and the issuer pays back the principal, I’ll get a value closer to prevailing rates.” Interest rate risk comes into play when you want to sell bonds before maturity or in a bond fund where few bonds are held until they mature. That’s one reason some experts advise caution when moving into the fixed-income area right now. “If I were a young person, I would not be buying bonds right now. I would be much more likely to buy stocks or commodities,” says Jeff Sica,
president and chief investment officer at Sica Wealth Management in Morristown, N.J. “Bonds are the least attractive for a longer-term investor because unless you’re buying highyield or emerging-markets debt or something that has some capital appreciation (potential), you’re going to be stuck with a bond that declines in value because of interest rates moving up.” Bonds or bond funds? On the one hand, buying individual bonds is preferable because interest rate risk is not a factor unless you want to sell before maturity. On the other hand, buying a bond fund is a good choice because it generally holds a large assortment of bonds, and credit risk is diffused with diversity. As bonds are typically sold in bigger chunks than young investors can afford, bond funds are typically preferred. “You certainly can buy individual Treasury bonds and savings bonds,” says Jim Wright, CFA, president and chief investment officer at Harvest Financial Partners in Paoli, Pa. “They do have some small lots through the Schwabs, Fidelitys and TD Ameri-
trades of the world, so you can put smaller amounts of money into bonds. For people with smaller investment balances who want to put some money in fixed income, funds or (exchangetraded funds) definitely make more sense,” adds Wright.
an allocation,” says Eddie Bernhardt, CFA, managing director and senior portfolio manager at SNW Asset Management in Portland, Ore. “That additional benefit is probably hard to quantify at times but is very important, even for young investors who aren’t expecting Why have bonds? the need for cash anytime As with all investments, soon,” he says. “The stabitaking more risks can lead lizing impact of bonds in the to greater rewards. On the portfolio is important.” very safe end, bonds can be Arguments for bonds highly predictable, stable for young investors investments, as in Treasury securities issued by the U.S. Young investors typicalgovernment. At the other ly get their first foray into end of the spectrum, in the investing by saving for rehigh-yield or junk category, tirement in their workplace bonds can be fairly risky. plans. With many years to In general, the steady in- invest and probably little terest payments and high money, it can be tempting likelihood of getting your to go pedal-to-the-metal money back make bonds with an all-stock portfolio. less volatile than stocks. But adding some bonds can “ My f i n a n c i a l p l a n - mitigate some of the stock ner got all over me for be- market turbulence without ing slightly underallocated overly decreasing returns in in bonds, even though I’m a some cases. bond manager. And the rea“(Being all in stocks) will son is, long-term benefits of increase a portfolio’s volabonds are not only the re- tility. It most likely will raise turns — which, during vary- returns slightly, but if a pering periods, may underper- son can get the (same net) form stocks — but they’re return and lower the volatilmuch more stable. So they ity, then that person should provide that ballast for the do that,” says Donald Cumother risks you’re taking in mings, founder and portfo-
lio manager at Blue Haven Capital LLC in Geneva, Ill. Just because you are able to stomach maximum risk doesn’t mean you must do it. If you’re interested in adding bonds to your portfolio and plan to do it through mutual funds, the experts recommend sticking to short- to intermediate-term maturities. “We would prefer that if you are going to invest in a fund, that you pick a shorter duration or a fund with a shorter maturity built in because those funds will be a lot less volatile when interest rates go up,” Wright says. Cummings recommends bond funds specializing in the midterm range. “I would recommend something like an intermediate maturity, high-grade corporate bond fund for someone if they have that option,” he says. “We’re in a low-rate environment and a relatively steep (yield) curve, so you get reimbursed,” says Cummings. The yield curve refers to the relationship between yield and maturity when plotted on a chart. Typically, longer maturities sport higher rates, so the graph resembles an upward-sloping line.
Beautiful Wedding Cakes And Specialty Cakes For Every Occasion Dingeldein Quality Schedule your free cake consultation today! 35 South Hanover Street, Carlisle (717) 462-4160 Monday-Thursday 8am - 6pm • Friday-Saturday 8am - 8pm
717-791-2920 Peter J. Sakol, M.D. Peter J. Sakol, M.D., LLC • Suite 205 2025 Technology Parkway • Mechanicsburg, PA 17050-9497
Since 1986, Wolfe & Company Realtors has consistently provided the highest level of Real Estate Brokerage Bro assistance available in the Greater Carlisle Area. Are Recent years have introduced many new agents and agencies into the market place; few can match the experience, exp integrity and reputation enjoyed by Wolfe & Company Realtors Buz Wolfe, Broker/Owner, brings over 30 years of top flight experience to the leadership of the company. Again, in 2012, he was the Carlisle Area’s top producing Broker*. His wife, Joan, and Tracy Sharp have quickly become as dependable, conscientious and accessible as any salespersons anywhere. Associate Brokers Mitch Gelbaugh and Tom Lindsey possess a wealth of knowledge and background which benefit all of their clients. Eric Shryock and Harry Snyder have been among the very ve top producing residential real estate agents in the Carlisle Area for decades -- specializing especially in new construction and residential relocation. Stephen Martson’s legal, business and real estate background are found to be invaluable by his personal clients. Newcomer Sam McLoota has burst onto the scene - providing energy and assistance with younger and first time buyers as well. Gary Sausser and Michael Garrity both possess the prestigious CCIM designation - the highest commercial real estate designation within the industry. Their exceptional backgrounds make them the most talented commercial realtors in the community. Wayne Deakin, another real estate veteran, continues to provide top notch rental and property management service and, along with Donald Weitzel, Jr., has developed a specialty niche in recreational cabins -- particularly those in the Pine Grove Furnace area. Wayne and John Matasovsky have earned the Senior Real Estate Specialist (SRES) designation. A true “one stop shop”, Wolfe & Company Realtors is available to assist you with virtually any real estate requirement imaginable. EXPERIENCE DOES MATTER --AND THAT’S A FACT! *Excludes Brokers operating as “Teams”. Based on Central Penn MLS stats Area 7
We don't sell houses...we help you buy a HOME!
“Experience Matters” Since 1986 RESIDENTIAL • COMMERCIAL • CONSULTING 33 South Pitt Street Carlisle •243-1551
www.wolfecompanyrealtors.com
Individual Member
MAKE SURE YOUR NEXT CONSTRUCTION PROJECT STANDS THE TEST OF TIME...
PARTNER WITH US...
A U T O PA R K
6714-6720 CARLISLE PIKE, MECHANICSBURG
www.CVMAUTOPARK.com
• • • • • •
Design Build Commercial Industrial Institutional Churches Renovation
1514 Commerce Avenue, Avenue, P.O. BoxCarlisle, 7300 Carlisle, PA 17015 1514 Commerce PA 17015 Phone: www.mccoybrothers.com Phone: 717-241-2023 717-241-2023 www.mccoybrothers.com
Annual
Thursday, February 28, 2013
The Sentinel • F5
Young Adult
How to build credit by christen croley the sentinel
ccroley@cumberlink.com
Credit: The alpha and the omega when it comes to every major decision in life. Car loans, mortgages, interest rates, rental applications, electric bills, cellphone contracts, insurance premiums and employment opportunities, they’re all anchored by a credit score. The Fair Isaac Corp, (FICO) compiles debt information on an individual and
479 685
• See Credit, F6
598
750
652
Bringing Warmth from Our Family Caring for You! Our Family to Yours
2013 Capital Region Golf Card
18 Courses, prime-time savings, no time restrictions, best rates w/cart, Sr. rates at 15 courses, unlimited uses
Visit us
Armitage, Briarwood East and West, The Bridges, Cedar Ridge, Cool Creek, Felicita, Flatbush, Grandview, Heritage Hills, Hickory Heights, Manada, Mayapple, Quail Valley, Range End, South Hills, Springwood, Valley Green
717.792.9776
www.briarwoodgolfclubs.com
Serving Shippensburg and surrounding communities Easy Planning, Affordable Pricing, Funding Options, On-site Cremations, Eco-Friendly Options, Personalized Service & Monuments and Markers
for your fireplace needs!
$49.95 ind. member · $89.95 memb/spouse 1 Year Membership From Date of Purchase
701
500
380
Hannah’s Hearth & Home www.hannahshearthandhome.net
16 E. South St., Carlisle • 258-0005
Allen L. Dugan, Supervisor Kitty Dugan, Business Manager
532-4100 www.DuganFH.com We have the KEY to unlock your DREAM for the PERFECT rental home!
lover
Talk to us about a 401(k) rol .
If you’re about to retire or change jobs, you may have some decisions to make about your retirement plan money. Good thing there’s someone who knows you and is ready to help. Like a good neighbor, State Farm is there. CALL ME TODAY.
Greg Lunde, Agent 11 State Avenue Carlisle, PA 17013 Bus: 717-241-2341 greg@greglunde.net
atures Community Fe ges, ra Ga Include: ryers, r/D he as W ze Si Full , om Ro Fitness Swimming Pool & More
®
Rental Community 163C WESTPOINT DRIVE CARLISLE, PA
NEW 1 BEDROOM APARTMENTS PET FRIENDLY 2 OR 3 BEDROOM TOWNHOMES AVAILABLE
www.boydwilson.com
1001389.1
Call NOW! 717-249-7275
State Farm Mutual Automobile Insurance Company, Bloomington, IL
one team one goal
www.Harrisbur gAcademy.or g 717-763-7811
HARRISBURG
ACADEMY
OPEN HOUSE
working together for your satisfaction
2013 Schedule
March 10 & Nov. 3 — 2 p.m.
170 YORK RD., CARLISLE • (717)
Harrisburg Academy is an independent school ser ving students from pre-school through 12th grade. We of fer an academically challenging and globally minded liberal ar ts education where students lear n 21st centur y skills in a personalized environment. R.S.V.P. to attend an open house and lear n more!
249 - 2215
Visit www.familyfordofpa.com for all your automotive needs…virtually!
something more something dif ferent.
SEASON PREMIERE 2013
SATURDAY, MARCH 2 SUNDAY, MARCH 3
TAN Commercial Cleaning icing Also Serv ower al P Residenti & Log Washing ration sto Home Re
PA #074973
Interior & Exterior SSandblasting & Power Washing
717-532-7770 www.renewservices.net
FREE Tan Now! Cruise Later!
FOR
with a Hollywood Tans Membership!
CARLISLE COMMONS 40 Noble Blvd., Carlisle 717 - 386 - 5282 Walmart Shopping Center
SILVER SPRING SQUARE 6416 Carlisle Pike, Mechanicsburg 717 - 697 - TANS (8267) Wegman’s Shopping Center
See salon associate for promotion details. ©2013 HT Branding, LLC. All rights reserved. All trademarks, service marks and logos are owned by or registered to Hollywood Tans.®
Annual
F6 • The Sentinel
Thursday, February 28, 2013
Credit • Continued from F5 employs three credit bureaus, Equifax, Experian, and TransUnion, to formulate a credit score — three different scores, to be exact, that can vary as much as 50 points. A FICO credit score ranges from 300 to 850. Higher
numbers equate to more reliable borrowers known for making payments regularly and on time, thus quantifying a person’s creditworthiness in the eyes of the lender. Cellphone companies, landlords and car dealerships pull these numbers to determine an applicant’s
ability to repay. A low credit score signifies to the dealer, landlord or retailer that an applicant might be an untrustworthy borrower and results in rejection. And sometimes, no credit at all — often the case for young adults just starting
725
• See Credit, F7
650
505 Graph courtesy of consumerreport.org
PLAN AHEAD! BICYCLES
Are Drippy Faucets, Running Toilets, and Clogged Drains...
Ready to Make You SCREAM?
School Closings and Delays @
www.cumberlink.com
COME SEE US!!
g Pllumbin s m Proble e k ma Billy Scream!
“The Best In Bikes”
Great Selection of
• Antiques • Collectables • Consignment • Donation Center • Handmade Items • Original Photography by Pyne Tree Designs Open Wednesday 10 am - 2 pm Friday & Saturday 10 am - 6 pm
Helmets • Clothing • Accessories Trek • Cannondale • Raleigh • Haro • 2Hip Mountain • Road • Comfort • Hybrid BMX • Kids • Tri Wheelers
Receive
Bicycles for the beginner and the seasoned rider Please check our Website for Hours and Special Offers
New Beginnings Consignment Shop 7 East Main Street, Newville
Financing Available
$27 OFF
Any Plumbing Repair pair
Not valid on dispatch fee, discounts, or other offers. SENANN13 PA5766
249-3833
327 N. Hanover Street Carlisle, PA 17013 www.colesbicycles.com
717.776.0053
PUT OUR EXPERTISE TO WORK ON YOUR REFUND. You should never settle for anything less than the best tax preparation. At H&R Block, we hire and train the most qualified tax professionals so you can feel confident you’re claiming every credit you can and taking advantage of every deduction you have coming. If there ever is an error on your return, we’ll make it right. That includes paying any penalties and interest and supporting you in the unlikely event of an IRS audit. We stand behind our work. We stand behind you. Ask about our Maximum Refund Guarantee.
Offer Ends Mar. 31, 2013
CALL 717.766.0788
E wer LIV We Ans /365 24/7
ProntoPlumbing.com
OUR FAMILY SERVING YOUR FAMILY FULL-SERVICE
FUNERALS ARE MORE IMPORTANT THAN YOU THINK.
Release the pain of your loss.
If you discover an H&R Block error on your return that entitles you to a smaller tax liability, we’ll refund the tax prep fee for that return. Refund claims must be made during the calendar year in which the return was prepared. OBTP# B13696 ©2012 HRB Tax Group, Inc.
CARLISLE
MECHANICSBURG
SHIPPENSBURG
DUNCANNON
30 South Hanover St. 717-243-6868 Open Evenings & Weekends
4953 Carlisle Pike 717-737-0714 Open Evenings & Weekends
201 South Conestoga Dr. 717-532-7744 Open Evenings & Weekends
1609 State St., Suite 105 717-957-9940 Open Evenings & Weekends
CARLISLE
MECHANICSBURG
MT. HOLLY SPRINGS
NEWVILLE
Carlisle Pointe Plaza 717-960-0006 Open Evenings & Weekends
70 West Main St. 717-766-0901 Open Evenings & Weekends
15 South Baltimore Ave. 717-486-5990 Open Evenings & Weekends
21 South High St. 717-776-4865 Open Evenings & Weekends
Release the pain of your loss in the safe setting of a full-service funeral. It’s more important than you might think. 255 YORK ROAD, CARLISLE 717-258-9863 WWW.RONANFH.COM LYNN A. RONAN, FUNERAL DIRECTOR
Dazzling Designer Fashion ���� ���� �������
With ����our ���designer �������� frames starting ������ ��������at ��
139 ���
$�
WhyThinkHooke,Hooke&Eckman?
�
• Voted Best Real Estate Agency 7 years in a row by our local community • 97.4% satisfaction rate by our clients in 2012* • Our hand picked sales team made up of 15 full service realtors.
54 ��
$ �
(* according to feedback forms)
Standard Eye �������� ��� Exam for glasses
���� ��� �������
alleganyoptical.com Carlisle Commons
319 Yord Road
341 Baltimore Road
218-6656
258-4422
532-8806
CARLISLE
�����������
CARLISLE
SHIPPENSBURG
977 Walnut Bottom Road, Carlisle, PA
Thursday, February 28, 2013
Annual
The Sentinel • F7
Graph courtesy of www.rose.edu.
Factors that determine your credit score
Credit • Continued from F6 out — can become as much of an obstacle as bad credit. The solution seems counter-intuitive. “The best thing you can do is to take out credit cards, believe it or not,” said Dave Keffer, CEO of Cornerstone Federal Credit Union in Carlisle. “Getting
a track record of repayment and paying on time. There are about five different things credit scores zero in on it and 35 percent of your score is paying it on time.” “Typically what we find, those younger folks that a re e s ta b l i s h i n g c re d it typically go first to the bank where they are established,” said Tom Bream,
vice president and commercial relationship manager at Susquehanna Bank. “We can see how they’ve handled their deposit activity, so a good starting point for establishing credit is to establish a relationship with a local bank.” Keffer and Bream also recommend applying for secured personal loans to further establish credit.
The main idea, they say, is to establish a history of timely repayment. “Use store credit cards and repay it according to the terms of an agreement,” Bream said. “Or any type of secured loan just for purpose of establishing credit. Any secured borrowing is a better way of establishing credit than the unsecured.”
than not charging at all — also boosts credit. Howeve r, h av i n g to o many credit cards increases a borrower’s perceived risk level and can lower a credit score. The endowment says maintaining high balances, switching c re d i t ca rd co m pa n i e s frequently and bouncing checks also wreck havoc on credit scores.
The National Endowment for Financial Education advises teenagers to make consistent deposits into savings accounts, no matter how small the contribution. NEFE says consistent savings patterns inspire confidence in lenders. The endowment says maintaining low balances on credit cards and repaying every month — rather
Workers’ Compensation • WE’RE PAID ONLY WHEN YOU COLLECT • NO FEE UNLESS YOU WIN
Experienced Attorneys
Law Offices of
katherine L. niven & associates, pC A Full Service Mortgage Banking Firm
717-240-0015 • 800-399-0003 FORMER WORKERS’ COMPENSATION JUDGE
www.klnivenlaw.com
Daily Steak Seafood &Pasta Specials
R&W EQUIPMENT
1909 N. Front Street, 2nd Floor, Harrisburg 4 North Hanover Street, Carlisle
HOME COOKING
24 HOURS A DAY!
2510 Ritner Highway, Carlisle M-F 8am-5pm, Sat 8am-12 Noon, Closed Sunday
243-2686
www.rnwequipment.com midascentralpa.com
CARD
americanS are driving their carS three yearS longer on average.
BREAKFAST, LUNCH & DINNER SENIOR MEALS
you’re welcome.
.
Serving Dinner
DAILY 11am-3pm
Mon-Thrs 4pm-10 pm Fri-Sat 4pm-11pm
Mon-Fri 4pm-6pm | Inside & on our Patio
717-245-2999 | rustictavern.com 823 823 N NEWVILLE EWVILLE R ROAD OAD • C CARLISLE ARLISLE
Save on brakeS, maintenance and total car care.
24
$ 800 W HIGH ST. CARLISLE 240-0721
es lud E Inc I R ion T otat R
Happy Hour
Best Dine 7 years!
Carlisle 740 East High Street 717-243-7738
99
oiL change
PLUS
• Oil & filter change • Courtesy check including visual brake check, battery, air filter, fluid, belts and hoses
Most vehicles. Up to 5 quarts of conventional oil. High mileage, synthetic, synthetic blend oil extra. Shop fee extra, where permitted by law. Fee represents cost and profits. See manager for shop fee calculation. Plus applicable tax. Tire rotation at time of service. Cash value 1/100th of 1¢. Coupon required at time of purchase. Not valid with other offers.Valid at participating location(s) listed.Void if sold, copied or transferred and where prohibited by law. Expires: 12-31-13
Serving Cumberland, Perry, Adams and Franklin Counties
717-731-9984 717-398-2565
*OC910USOTH*
Serving Lunch
ot e d r
Annual
F8 • The Sentinel
Thursday, February 28, 2013
Young Adult
The four C’s of credit Collateral A valuable asset that lenders will confiscate if a borrower defaults on a loan. Borrowers offer collateral most often on car loans and mortgages. Lenders will also refer to collateral as a secured loan.
Capital Another way for lenders to make their money in a default situation. Capital describes the assets lenders can sell to repay the loan — usually investment accounts and in some states, residences, too.
Capacity This refers to a borrowers’ ability to repay on a loan. Lenders look favorably upon applicants with rising income and steady employment.
Character Lenders evaluate credit scores as a measure of a borrowers’ trustworthiness.
Graham Medical Clinic food. movies. Now Accepting New Patients - By Appointment Only entertainment. Jay Townsend, M.D. Joseph A. Pion, D.O. sports. parenting. Carol Robison, D.O. Jeffrey Harris, M.D. Suzanne Glossner, P.A.C. Michael Van Grouw, P.A.C. Rose Harris, P.A.C.
Botox & Dermal Fillers Now Available
100 South High St., Newville
(717) 776-3114
SCRATCH N’ DENT APPLIANCE SALE MICROWAVES
OFF ROAD DIESEL
LP LIQUID
REFRIGERATORS
FUEL OIL
DISHWASHERS
KEROSENE
WILEY’S APPLIANCES 691-8760
Serving Carlisle • Mt. Holly Boiling Springs • Mechanicsburg York Springs • Biglerville Harrisburg and the West Shore
1105 Sheaffer Rd. Dillsburg, PA
www.grahammedicalclinic.com
766-1511
VOTED
BEST WEALTH MANAGEMENT FIRM IN CENTRAL PA ~ Central Penn Business Journal, 2012
OUR STAFF INCLUDES 3 CFP®s AND A CFA® CHARTERHOLDER WITH OFFICES IN SHIPPENSBURG & HARRISBURG
OUR TEAM HAS OVER 100 YEARS INVESTMENT EXPERIENCE
SHIPPENSBURG OFFICE 871 WEST KING STREET SHIPPENSBURG, PA 17257 LOCATED ACROSS FROM “THE TREAT” 717-525-9936
HARRISBURG OFFICE 800 CORPORATE CIRCLE • SUITE 106 HARRISBURG, PA 17110 JUST OFF PROGRESS AVE EXIT OF I-81 1-800-418-TEAM (8326)
TEAMFINANCIALMANAGERS.COM
Stop by or call to learn why TEAM was voted #1
Chris Jackson, AFIM
Chief Investment Officer
www.rowesprintshop.com
One Stop Shopping featuring our full-service
deli, meat & seafood departments 950 Walnut Bottom Road 717-249-2345
Look for our
NELL S ’
• LARGE & SMALL VOLUME COPYING FEATURING WIDE BLUEPRINT-SIZE COPIES
717.249.5485 717.249.0637 fax
350 EAST HIGH STREET C A R L I S L E , PA 1 7 0 1 3
• GRAPHIC DESIGN SERVICE • LARGE SELSCTION OF WEDDING INVITATIONS AND PROMPOTIONAL ITEMS • DIGITAL FULL COLOR PRINT • BULK MAILING SERVICE • DIGITAL FULL COLOUR ENVELOPES
Easter Egg Hunt March 9
th
Egg hunt at 1pm • Registration at noon or register online at www.cronestaekwondo.com
FREE MARTIAL ARTS CLASSES AFTER THE HUNT!! Egg hunt is open to Children ages 11 and under.
After the hunt... STAY for a Free Martial arts class! Children Ages 3 and up... classes divided by age. Enjoy a fun afternoon that the whole family will love!
WEEKLY CIRCULAR ®
Gold CARD
Weekly Savings!
Locally Owned & Operated
SUPERMARKET
in the
Sunday Sentinel
Our Privilege, Your Choice Exemplary personalized care for those who entrust the end of their lives to us. Respectful, considerate and heart-felt care that assures comfort of patients and families. Professional clinical and bereavement staff available to provide compassionate support.
Summer Camps Now enrolling! June, July, and Aug.
Sign up now! -ONLINE-
ONE DAY ONLY Special prices for new sign-ups! �PRIZES�ACTIVITIES�FUN�
24 E. Main St. New Kingstown, PA 17072
2300 Vartan Way, Suite 115 Harrisburg, PA 17110
www.cronestaekwondo.com
www.homelandhospice.org
(717) 691-4116
(717) 221-7890