September 19, 2017 • Page 2 shop online at www.missourivalleyshopper.com Dave Says No Retirement Cash at 58 Dear Dave, I’m 58 years old and have nothing set aside for retirement. My wife and I are on Baby Step 2 of your plan and paying off debt. We have $37,000 in debt not counting our home, and five kids still at home. We have a household income of $73,000 a year, and were wondering if we should go ahead and start Baby Step 4, investing for retirement, instead of paying off the debt. Dan Dear Dan, Your most powerful wealth-building tool, both mathematically and factually, is your income. The most powerful way to build wealth — whether it’s playing catchup at 58 or starting at 28 and becoming wealthy over the long haul — is to have your income available. That means it’s not flying out the door every month to make debt payments. Fifty-eight is not old, but you do have to get busy if you want to retire with dignity. I’d really lean into this debt and make it disappear in the next 18 months. I’m talking about sticking to a tight budget, living on rice and beans, and selling so much stuff around the house those kids think they’re next! After that, you’ll have to throw every dime you can into building an emergency fund of three to six months of expenses. And after that, you’ll have to spend 10 years going crazy saving for retirement by pouring about $12,000 a year into good mutual funds. Can you do that and win, and by “win” I mean retire with some dignity? Yes, you can. But it’s not doable if you’ve got $37,000 in debt hanging around your neck! — Dave Dave Ramsey We Can Afford It on a 30-year Mortgage Dear Dave, My husband and I have been saving, and we’re ready to buy our first home. We found a place we both love and can afford if we do a 30-year mortgage instead of a 15-year mortgage. Should we wait and save more for a down payment so we can afford a 15-year mortgage, or go ahead and do the 30-year deal? Faith Dear Faith, Good financial decisions can be defined as things that help you win with money over the long-term. Thirty-year mortgages are a trap. They don’t help you build wealth, and they keep you in debt. On the other hand, 15-year mortgages get you out of debt a lot faster, and being out of debt frees up your largest wealth-building tool — your income. I would never take out a home loan where the payments are more than a fourth of your monthly take-home pay on a 15-year, fixedrate mortgage. My advice is to either wait and save more money, or maybe look for a less expensive home in a different area. I know you want a home, Faith. There’s nothing wrong with wanting your own house. But I don’t want your home to have you. When you get house fever, it’s easy to lock yourself into a bad deal that will follow you around and drain your wallet for decades! — Dave * Dave Ramsey is America’s trusted voice on money and business, and CEO of Ramsey Solutions. He has authored seven bestselling books, including The Total Money Makeover. The Dave Ramsey Show is heard by more than 12 million listeners each week on 575 radio stations and multiple digital platforms. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com. The Missouri Valley Shopper and missourivalleyshopper.com is your complete source for buying and selling. REAL ESTATE RENTALS AUTOMOTIVE Everything you need is just a click or call away! EMPLOYMENT To place your ad call... 605.665.5884 MERCHANDISE MV Shopper M I S S O U R I VA L L E Y COUPONS Deployment Ceremony To Be Held For National Guard Unit RAPID CITY, S.D. - A deployment ceremony will be held for more than 90 Soldiers of the South Dakota Army National Guard's Company C, 1st Battalion, 189th Aviation Regiment, Wednesday, Sept. 27 at 10 a.m. (MST) at the Rushmore Plaza Civic Center theater. The public is encouraged to attend the event as the units depart for about a yearlong deployment to the Middle East. The mission of the Rapid City-based 1-189th is to provide aerial medical evacuation support with its HH-60M Black Hawk helicopters. The company is comprised of pilots, crew chiefs, medics, aviation operations specialists and other support personnel. Planned speakers for the ceremony include Gov. Dennis Daugaard, Rapid City Mayor Steve Allender and Maj. Gen. Tim Reisch, SDNG adjutant general. The unit will report to Fort Hood, Texas, to complete several months of theater-specific training prior to deployment overseas. Since the 9/11 terrorist attacks, this will be the third mobilization for the unit which deployed to Iraq in support of Operation New Dawn from 2011-2012 and supported peacekeeping operations in Kosovo from 2008-2009. Statement From Division Of Banking On Cash N Go Pawn If you read this you know... “Get Organized - Stay Organized” advertising pays! • Organizing • Downsizing • Housecleaning • Decorating Ideas/Painting • Personal Assistant Errands/Shopping Phone: (605) 760-3223 or (605) 760-3224 Website: www.DiscoverNeatFreaks.com Call the Missouri Valley Shopper at 665-5884 or stop by to place your ad today! 319 Walnut St. • Yankton MV Shopper MV Shopper M I S S O U R I VA L L E Y M I S S O U R I VA L L E Y Dixon Speed ZTR 20 H.P Briggs, . 44” Deck Just Traded Hustler Raptor Flip-Up NEW 23 HP Kawasaki, 54” Deck, All Hydraulic Lift SPECIAL PRICING $4,400 My daughter Heather had had a bad day. In fact, the whole week hadn’t been that good. She had started school, and there was a mixup in her classes. By the time she had that straightened out, a few days of class had already gone by. She then had to catch up, and there was the challenge of friends and everything else that goes with school starting. She works at McDonald’s and, to top off her bad week, she had to work Friday and Saturday shifts. She worked the late shift Friday night until ten o’clock, and then had to be back by six o’clock in the morning. By the time I picked her up from work on Friday, she was exhausted. She had purchased some food so she could eat on the way home and go right to bed. After she finished eating, she drowsed in the car the rest of the way. After we pulled into our driveway, she sleepily made her way into the house and disappeared into her bedroom. She and I were both up by five o’clock Saturday morning so we could get some breakfast and get her to work on time. When I dropped her off at work, she was not in a good mood. I went home and wrote homework papers for the doctoral degree on which I am working. I thought that I probably wasn’t enjoying my day any more than she was enjoying hers. When I picked her up at two o’clock in the afternoon, I wondered what kind of mood she would be in. I assumed she would just come out, plop into the car, and fall fast asleep. But to my surprise, she was totally animated. “Dad,” she said. “You won’t believe what happened. The minute I clocked in they assigned me to work at back-drive.” “What’s back drive?” I asked. “That’s the window that takes the money from people in the drive through. Then the people pull their cars to front drive where they pick up their order.” “But I thought you hated drive through,” I said. “I always have before,” she said. “But today was different. It started out bad. It was early in the morning, and it was almost always busy. And when it wasn’t, I had to wash dishes. But then something happened. A car came through, and the man paid for his meal while his son continued searching for coins. After they paid, they didn’t drive to the next window.” “Why not?” I asked. “This is the fun part,” she replied. “He asked me how much the order was for the car behind them. I told him, and then he paid that bill. And it was more than his own.” “Did he know the people in the next car?” I asked. Heather shook her head. “I asked him, and he didn’t.” “That was nice,” I said. “But here’s something even more incredible,” Heather said. “It didn’t happen just once. It happened like a half a dozen times. And another thing that would happen was one person would pay for the next people, and then the next people would pay for the people behind them, and so on. The longest chain was seven cars in a row.” “Wow!” I replied “The one that touched me the most,” Heather said, “was the last chain. It had gone on for about five cars. Then, in the last car there was a mother with five children. The children were hungry, and the littlest ones were crying. When they pulled up to pay, the tired mother was frantically searching through her purse. She finally turned to me and apologized because she didn’t have the money. When I told her that the people in the car in front of her had already paid her bill, she started to cry, and she said she was so grateful.” Heather was quiet for a moment, and then she said, “There’s nothing like seeing the goodness in people to make me feel happy.” PIERRE, S.D. – The South Dakota Division of Banking issued the following statement regarding its investigation of Cash N Go Pawn in Rapid City and Sioux Falls. The company was making pawn loans using payroll deductions/wage assignments in addition to traditional pawn loans based upon items of personal property left with the company. Director Bret Afdahl said, “Based upon a recent investigation of Cash N Go Pawn, the Division of Banking issued a cease and desist order regarding unlicensed lending activity and lending practices in violation of South Dakota money lending laws.” Order No. 2017-03 is posted at http://dlr.sd.gov/news/ default.aspx. ; 3OL35LH[33 ZMIS[ . Are you feeling overwhelmed? Do you have TOO MUCH STUFF? Need to clean out your home or garage? Paying It Backward By Daris Howard Scag Liberty Z 18 H.P Kawasaki, . 48” Deck Special Pricing! 3,999 $ JD 525 Front Deck, 17 H.P Kawasaki, . 48” Deck, Ready to go! 750 $ of Tyndall on Hwy. 50 Corner of Hwys. 50 and 5 miles West www.schuurmansfarmsupply.com 37 Ph. (605) 5 3 89-3909 or Cell (605) 464-111 It’s not that our pal Herb isn’t sociable. He is. One of the nicest guys around, and he can be counted on to start a conversation at the drop of a hat. And he’ll even drop the hat. No, the reason Herb hasn’t been in for coffee much this week, we know, is the archery tournament coming up. He’s out there in the field shooting every day. He does go bowhunting each fall, but we know that it’s the mystery and magic of archery itself that is the big draw to him. He has explained it to us several times before. “This isn’t a mechanical … situation,” he said. “I have a scope-sighted deer rifle, of course, and that is a mechanical deal. It’s numbers and feet per second, and sighting in for 100 or 200 yards and bullet drop and all that stuff. And we go to the range to shoot the deer rifle this time of year just to make sure we didn’t bump the rifle and knock the scope out of alignment. But it’s numbers. You hold this much over the target at this many yards, September 20 & 21, 2014 and you’ll hit it. Steamed-packed with excitement “But archery isn’t like and great family fun! that. Not the way I shoot. September 23rd & 21, 20142017 & 24th, Menno September 20 is easily found There are scope-sighted Steam Packed with Steamed-packed with excitement right on US HWY 18... compound bows too, that approximately 60and and family fun! miles SW will come really close to excitement great great family fun! of Sioux Falls, SD. Some being a matter of numMenno is easily found Menno is easilyisfound right have said this the best bers, but I like shooting on 18, approximately onrightshow around! US HWY US HWY 18... traditional style: you know, approximately of Sioux Falls, 60 miles SW 60 miles SW Exhibits Falls, SD. Some Steam recurve bow, shooting with of Sioux Include: this is SD. Some have said Threshing, thisPlowing, Saw fingers instead of a release, have said & is the best Mill theshow show around! & best around! Engine Worthington no sights of any kind. This Start-Up Demonstrations, Something Steam translates to practice. We Exhibits Include: for “Man-Powered” Everyone! Tractor call it instinctive shooting, Threshing, & Plowing, Saw Pulls, Flea Market, Crafts, but the instincts are there Mill Tractors and Engines & Worthington Engine Toy Show, Restored Depot, Farm Demonstrations, Emporium only after many hours or Start-Up Historic Home, One-Room Ladies Building “Man-Powered” Tractor shooting.” Schoolhouse, Log Cabin, Pulls, Flea Market, Crafts, Herb said instinctive Petting Zoo Unity Lutheran Church & Toy Show, Restored Depot, shooting is much like playSteamThreshing Souvenir Shop and MORE. Historic * Corn Shelling ing catch with a baseball. Jail Home, One-Room Adults $8 • Log Cabin, Menno Pioneer Schoolhouse,Ages 11-16 $5 You toss the ball back and Russian Oven Power Show Unity Under 11 FREEPull & Lutheran Church forth to each other, and even Children’s Pedal Souvenir Shop 605-387-5166 • www.pioneeracres.com as you get farther apart, Menno, SD •Flea Market Crafts & and MORE. Adults: $8 Adults Show * Hay Press you know exactly how hard Menno Pioneer Toy $8 • Ages 11-16 $5 Ages: 11 - 16: $5 to throw it and how much Under 11 Throwing Power Show Baling/Bale FREE trajectory it needs to get to Under 10: FREE License • 605-387-5166 • www.pioneeracres.com Menno, SD Plate Display just the right place on your GREAT FOOD friend’s chest. Historic Buildings “And how do we know Blacksmith Shop this?” Herb asked, “Because Parade * Saw Mill we’ve been playing catch Tractor Pull/Mini Rods since we were tiny kids, and Rope Making we know this. And that’s Car Show/Nail Driving what instinctive shooting is, And More... or should be, at its best.” Bring the Family! “Besides, it’s a bunch of fun!” Menno, SD • 605-387-5166 • www.pioneeracres.com 28th Annual 31st ANNUAL Pioneer Power Show 28th Annual PIONEER POWER SHOW Pioneer Power Show