Gunning Daily News

What to Buy in March

March 6, 2013 5:46 pm

It should not be surprising that the ‘tween season between winter and spring can yield some noteworthy bargains. From the retail economists at Dailyfinance.com, here are some of the buys to look for before spring settles in for the long haul:

China and flatware – Buy now to take advantage of the lull between holiday purchasing of china and flatware and the wedding gift-buying season.
Spring clothing – Spring styles start showing up in stores while holiday merchandise is still being cleared out. By now, some spring clothing has been on the racks for two months, and many bargains are there for the taking.
Perfumes and colognes – After Christmas and Valentine’s Day, perfume counters take a hit until Mother’s day, making this a good time to find bargains and/or incentives on your favorite scents.
Luggage – Luggage shops are clearing out inventory now to make room for new styles, making March the perfect time to buy the bags you need.
Outerwear – If you need a new coat for next winter, look for clearances on outerwear that are being offered now. Selection is thinned, but bargains abound.
Garden supplies – The local greenhouse is already overflowing with merchandise for avid gardeners. Look for good buys now on bulbs, seeds and cultivating tools.
Sports equipment – The same is true for ski equipment and other winter sports gear. Snatch up deals on football, hockey equipment and even on sub-zero sleeping bags.
Skiing passes – As winter begins to wind down, many resorts offer special deals for downhill fun, so look for bargain packages including lodging. The higher the elevation or farther north the resort, the better price breaks you will begin to find.
Frozen foods – March is Frozen Food Month. Look for promotions and coupons and fill up your freezer for less.

How to Weather Spring's Approaching Severe Storms

March 6, 2013 5:46 pm

As we watch Winter Storm Saturn move across the country, it seems that spring must still be far away. However, its official start is only a couple of weeks away. The season is known for its thunderstorms, lightning, high winds, tornadoes, hail, and flooding—which can all bring the wrath of Mother Nature to the doorstep in short order. That is why Safe Electricity urges you to make sure you are ready now—before severe weather strikes this spring.

March 3-9, 2013 is National Severe Storm Preparedness Week. Community and school tornado drills will be conducted across the country affording you the opportunity to make plans with your family to be ready for any foul weather that might come your way. Molly Hall , executive director of the Safe Electricity program says, "Making plans now just might save lives when floodwaters are rising or a tornado is bearing down on your home."

Assemble necessary supplies for a potential outage. Your emergency preparedness kit should include items such as water, food, flashlight, batteries, blankets, and a first aid kit. A full list of suggested items can be found at SafeElectricity.org.

The National Weather Service also recommends that you:

  • Know the county you are located in and nearby towns and cities. Warnings are issued by county and reference major cities.
  • Know the difference between a severe thunderstorm watch and warning. A watch means there is the possibility of storms in your area. A warning means a storm has been reported or is imminent and you should take cover.
  • Check the forecast and the hazardous weather outlook.
  • Watch for signs of an approaching storm.
  • Turn on a weather radio or an AM/FM radio for information if a storm is approaching.
  • Stay inside if you know a storm is headed your way.

The best policy is to plan ahead so you do not get caught outside in a storm. Lightning can strike up to 10 miles from the area in which it is raining, even if you do not see clouds. This means that if you can hear thunder, you are within striking distance.

Most severe storms don't last more than 30 minutes. However, once the storm has passed, it does not mean that the danger has. There could be a variety of hazards left behind. Hall reminds us, "Never touch downed power lines or objects in contact with those lines. Just because power lines are damaged does not mean that they are dead."

Touching a downed line or something that it has fallen over, like a fence or a tree limb, could get you injured or killed. Stay away, and instruct others to do the same. If you come across downed power lines, call 911 and your utility immediately.

Other things to consider after the storm:

  • If you are inspecting your home in the dark, use a flashlight rather than a candle or some other open flame to avoid the risk of fire or explosion due to a gas leak.
  • Never enter a flooded basement if electrical outlets are under water. The water could be energized.
  • If you see frayed wiring or sparks or if there is an odor of something burning, shut off the electrical system at the main circuit breaker if you know how and can do so safely.
  • If you smell gas, or suspect a leak, get out of the house. Call 911, and notify your gas utility immediately.

Source: www.SafeElectricity.org.

Word of the Day

March 6, 2013 5:46 pm

Junior mortgage. Any mortgage, such a second or third mortgage on a property, which is subordinate to the first one in priority.

Q: Should I Hire a Professional or Do the Job Myself?

March 6, 2013 5:46 pm

A: It depends on the complexity of the project and your ability to do the job well yourself. Really consider whether you have the time, skills, tools, help, and legal knowledge of local regulations to get the job done. While you could save up to an estimated 20% of the project cost doing the work yourself – there are plenty of how-to books and workshops offered by home improvement stores to guide you – be aware that you could also end up spending more money and time if you botch the job or unforeseen problems arise. Think, too, about resale value. If the quality of your work is less than professional, your home’s value could drop. So, unless you’re highly skilled or experienced, shy away from major home improvements that involve structural changes. Stick to building shelves, painting, and other minor improvements instead.

'Plug' In & Learn How Much Energy Your Home Is Wasting

March 5, 2013 5:40 pm

I am always talking about plugging all those dollar bills flying out of the cracks and crevices of your home in the form of lost energy. As we’ve said here so many times before, this 'heat bleed' results from outdated HVAC systems, old appliances, or non-energy efficient windows and doors.

However, the main cause of Heat Bleed is inadequate insulation and air leakage - it not only affects older homes, but newer homes as well. According to the Harvard University School of Public Health, United States homes and buildings lose more than $5.6 billion per year to Heat Bleed.

Enter Energy Response Corps, which created 'Plug,' an online tool that helps you visualize how much energy your home is wasting and how much money you might be losing. Plug estimates how much energy your home is using by calculating your address; size and age of your home; how it’s heated; and how much you pay to keep it heated and cooled.

Plug also allows you to adjust the evaluation to prevent an overestimation of the effects of Heat Bleed. After your receive results for your home, the site gives you the option to receive an energy audit.

The agency aims to “improve [a home’s] energy efficiency - and help you stop losing money,” so people can use their audit to learn how to prevent heat bleed. Learn more about the Energy Response Corps and heat bleed at: energyresponsecorps.org.

Survival Plan for Maintaining Financial Stability during Sequestration

March 5, 2013 5:40 pm

Sequestration is now in place, and along with it came a good amount of uncertainty, causing many Americans to wonder how they will be impacted. By some estimates, more than one million employees of federal agencies may receive furlough notices.

Some workers are not adequately prepared to deal with a loss of income, even a short-term one. For those living from paycheck to paycheck or without significant savings, any income interruption is likely to put them over the financial edge.

For example, consider the statistics below from the National Foundation for
Credit Counseling (NFCC) Financial Literacy Survey:

• Thirty-three percent of respondents admit to not paying all bills on time;
• Thirty-nine percent have zero non-retirement savings;
• Thirty-nine percent carry debt over from month to month, and
• Sixteen percent have utilized overdraft protection in the last 12 months.

“Even if a person does not anticipate being impacted by sequestration, now
is a good time for a comprehensive financial review,” says Gail Cunningham,
spokesperson for the NFCC. “Whether due to an unplanned expense or a job
loss, no one has ever regretted being financially prepared, and preparation
starts with understanding where you stand today.”

The NFCC advises consumers to take the following steps to put themselves in
a better financial position, regardless of what the coming months may hold:

• Assess current financial situation – The NFCC’s free financial
self-assessment tool, MyMoneyCheckUp™, is a good place to start. The tool
provides consumers with a means of evaluating four key areas of personal
finance: budgeting and credit management, saving and investing, planning for
retirement, and home equity. After answering a series of topic specific
questions, a personalized assessment of the individual’s overall financial
health and associated behaviors is generated. With areas of concern
identified, the analysis suggests changes that consumers are encouraged to
implement in order to become more financially independent. The traditional
green, yellow and red traffic light colors signal whether the consumer
should continue on their current money path, proceed with caution, or stop
and make a change. Individuals can also complete an optional budget to
further help them assess their financial health. The tool is available in
English at www.MyMoneyCheckUp.org and in Spanish at
https://www.miayudafinanciera.org.
• Face the financial facts – After completing the financial discovery step,
consumers may find the results surprising. Don’t ignore them. Financial
problems rarely resolve themselves, particularly in emergency situations.
Take action sooner rather than later, as delaying only makes the problem
harder to resolve.
• Take control – Admittedly, some things are beyond a person’s financial
control, but some aren’t. Control what you can by doing the following:

  • Review your credit report and score, both necessary to fully understand
    the current financial situation, and provide a framework for next steps.
  • Create a cash-flow calendar listing all sources of income. Next, plug in
    the dates all bills are due. This will ensure that bills are paid on time
    and protect the credit report and score from future damage.
  • Commit to paying down debt, and if necessary, suspend all charging,
    consistently moving toward solid financial ground.
  • Reach out to a legitimate credit counseling agency for help creating a
    survival plan.
“If there is a quick resolution to the sequestration, nothing has been lost
by implementing the above steps,” continues Cunningham. “If not, consumers
will be better prepared to face whatever comes their way financially.”

For more information, visit www.DebtAdvice.org.

7 Tips to Hire a Reliable Basement Waterproofing Contractor

March 5, 2013 5:40 pm

Though the U.S census Bureau indicates more than 25 percent of homeowners with basements are burdened with chronic basement moisture or flooding, that's no reason to feel downhearted. According to Steve Rivette, a seasoned waterproofing contractor, "The ground is very porous now because warmer weather is thawing the frost from the ground. Basements are becoming ripe for leakage at this time of the year.”

These problems can be taken care of by an experienced waterproofing contractor. Take these tips from the basement waterproofing experts at the B-Dry® Owners Association to help you select a reliable waterproofer:

  • Check with the Better Business Bureau, chamber of commerce, state attorney general's office, county clerk and consumer advocate organizations for information about waterproofing firms
  • Ask each firm to provide a lengthy list of references and speak with several previous customers. Don't settle for one or two pre selected names. Ask for references in your own community or surrounding neighborhood.
  • Carefully examine each firm's guarantee or warranty. Are there hidden costs for repair? Does the warranty last for the lifetime of the home? Is it transferable to a new owner? Is a clearly written, understandable guarantee or warranty provided?
  • Be wary of a sales person who changes a warranty to close a sale. Those revisions may not be honored by the company.
  • Make sure any long-term guarantee can be honored. The best protection is offered by a large company with a long term history of success. The home office should stand behind the work, not merely a sub-contractor hired by the firm.
  • Beware of any contractor promising a final cost estimate over the phone. The actual cost will always depend on the size of your basement and the scope of the problem.
  • Review the credentials of each company. Is waterproofing its primary business? Does the company provide waterproofing services throughout the year? Verify that the companies providing the bid will also perform the work themselves and will not hire sub-contractors. A sub-contractor can jeopardize the validity of the warranty.

Source: www.b-dry.com

Word of the Day

March 5, 2013 5:40 pm

Judgment. Court decree stating that one person is indebted to another. Also specifies the amount of the debt.

Q: What Factors Should Determine whether I Decide to Move or Remodel?

March 5, 2013 5:40 pm

A: Your personal needs, preferences and finances are all factors. If you’ve lived in your home awhile and prefer to stay in your school district or neighborhood, improving your existing space may work best for you. If a second bathroom is what you desire, it may also be cheaper to convert existing space than to relocate to another home. According to the American Homeowner Foundation, you can expect to spend 8-10% of your current home’s value when you move. Ask yourself if that money could be better spent on a remodeling project instead. Chances are you’d increase your home’s value, derive more pleasure from your home than you did previously, and save yourself the time, expense and headache of a move.

Five Steps to Financial Protection

March 4, 2013 6:00 pm

Squirreling away a bit of each paycheck is a terrific way to bolster your finances, but it may not be enough. Below are five additional tips you can follow to keep yourself, and your bank account, protected.

Create a realistic budget. Living within your means is your financial foundation toward eventual security. Learn the difference between wants and needs.
Build an emergency fund, so when the unexpected happens, you can protect your assets. The general rule-of-thumb is that a healthy emergency fund covers three to six months of living expenses.
Contribute to your retirement. Because women live longer and are often in and out of the workforce, they are economically vulnerable, especially in retirement. Start saving now.
Establish and protect your good credit. Try to pay off your credit card balance monthly or get on a payment plan to pay off the credit card altogether. Pay cash whenever possible.
Protect all you've earned with adequate life insurance. An unexpected death and loss of salary can leave loved ones vulnerable. Life insurance can help cover mortgage, childcare, and college expenses.

Source: www.royalneighbors.org.