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Show Page 6 tEfye Nephi, Utah s fmea-efn- Wednesday, February 2, 1994 . Message from Margie... Your best investment, get out of debt changes very little even after By Margie Memmott USU Extension Home Economist , . Most consumers may not have thought of off making payments for many months. Extra Money on Mortgage Payment The house mortgage is the biggest consumer debt for most consumer A little extra money families. debt as inadded to the mortgage payment vesting, but (especially if started in the early paying off years of the mortgage) might aldebt guaranlow the debt to be paid months tees a specior years sooner and save thoufied rate of resands of dollars in interest. For turn: the inexample adding just $12 to the terest rate saved almost monthly payments paid on the and paid the in interest $12,000 credit card Margie MemmoO mortgage off more than two balance, auto loan, or other per- years sooner. Exploring repaysonal debt. We examine the im- ment possibilities might be of pact of paying off debts faster interest to consumers who want and demonstrate simple-to-us- e the mortgage to be paid before tools that allow anyone to see retire or by the time the they how much money they could kids to college. go save and how much sooner they of Debt Out Getting could get out of debt. A helpful technique for getting Count the Costs out of debt faster is that of makCredit is an important finanpower payments. That ing cial tool in our society. But usmeans when the first debt is paid ing credit without understand- in full all that payment is added ing it can create financial and toward the payment of the secemotional burdens on individu- ond and when the second als and families. Many consum- debt debt, is paid all that combined ers rely on credit because they payment is added to the payhave failed to anticipate ex- ment of the third, and so on. penses and did not save to pay Making these compound payfor them. Consumers may use ments reduces the interest credit because it seems conveon the debt and can rent nient and painless and fail to reduce paid the time till the consumer TWO MORE POINTS Raymond Newton, number 50, puis up examine the costs of credit. is debt free by many months. two more points in the game against the Morgan Trogans. The Wasps Credit Is Not Having More The computer program will play tonight at Gunnison, Money to Spend PowerPay, does a tremendous Debt limits consumers flex- amount of number crunching ibility in the use of future in- quickly. PowerPay calculates come. Debt commits income for fiie savings possible from three months or years into the future. scenarios (shortest term loan This limits the familys ability to first, highest interest rate first adapt to change, whether crisis and lowest balance loan first). The consumer can easily comor opportunity. The Longer Time to Pay pare the options and choose the totaled four points, teammates sequence that will the Debt the More Interest repayment Bart Garrett and Dustin Mace save the most money and pay the By Kirsten Trauntvein Paid added three points Maces debts in the shortest time. It can s Corespondent Interest is like paying rent be very motivating for someone three points came from a three on money borrowed. The more in debt to see his or her specific The Juab High School boys point field goal. time it takes to repay the debt analysis. basketball team was defeated on Tonight the Wasps will travel the more rent is paid. For ex- Conclusion their home court Friday, Janu- to Gunnison to defend their previous win over the Bulldogs. ample, an advertisement that Paying off consumer debt is a ary 28th, by Morgan offers to save the consumer wise strategy in most situations. It was a close and exciting! money each month by allowing ; However, ' it takesron lasting game; Juabs defense played ex-- j smaller monthly payments actu- meaning only ifconsumers tremely well and thus kept the tfarto,:Sc$th Surhinit in Kamas to take on the Wildcats. ally results in much higher in- change their spending habits to scores close. terest costs because the pay- avoid getting into debt again. J.C. Reed led the scoring with ments are stretched over a PowerPay Workshop 13 points. Reed also rebounded longer time. The Home Economics and eight shots and made three asMinimum Payment Pitfal Family Life Advisory Council sists. Raymond Newton put an Credit cards allow consumers and the USU Extension Office is additional nine points onto the a financial plan- teams score while Jared Baxter great flexibility in repaying the debt.' They may pay it off com- ning workshop featuring the added eight points. Mike Allred pletely the first month or pay PowerPay Computer Program, scored seven points, completed only a minimum payment based Thursday, February 17 th at 7:00 four assists, and stole the ball three times. While Dave Jenson on a percentage of the balance p.m. in the Juab County Courtowed. Many consumers habituhouse Cultural Hall. The guest ally pay only the minimum due; lecturer, Judy Harris, USU Exthis spreads the payments over tension Home Economist-Uta- h many months and increases the County, will help consumers interest paid. Many do not un- take a look at their financial derstand that this practice often situation and see if they can end means that the balance due their personal debt for good. paying j , Wasps lose a close one to Morgan j H Times-New- 61-5- 1. j , . .. y By Kirsten Trauntvein Times-New- s Corespondent Juab High Schools girls basketball team blew away the on TuesManti Templars, 44-2then on but day January 25th, Friday, January 28th they were defeated in Morgan by the 43:32. ; ; ? f. , ; Throughout the third quarter against Manti, the Wasps defense held the Templars to only two baskets while Juabs offense continued to score and increase their lead to 35-1Jennifer Keyte scored 24 points for the Wasps. Keyte averaged eight points for each of the first three quarter. Rachel Kay added eight more points to 1, Tro-jan- s, 8. the team score while Kellie Greenhalgh totaled six points. During the game against the Trojans, Juab and Morgan juggled the lead up until the last few minutes of the fourth quarter where Morgan gained too much ofa lead against the Wasps that Juab couldnt recover and gain control of the game. Keyte was also the high scorer for the game against Morgan with her 13 points and 15 rebounds. Kay pulled down nine rebounds and made five points and Greenhalgh also added another five points to the team score. Tena Sanders and Robyn Jensen both scored four points each throughout the game. Last night, the Wasps hosted the. Gunnison Bulldogs. On Thursday, February 4th Juab will host the number one ranked team in the region, South Summit at 5:30 p.m. and 7:30 p.m. Then on Tuesday, February 8th, the Wasps will travel to Millard. Game times will also be at 5:30 and 7:30 p.m. Wasp Wrestlers place 5th overall at region tournament Sutorius, Jimmy Harris, Andy By Kirsten Trauntvein s Times-New- Corespondent Last Saturday, January 29th at Region Wrestling in Grantsville, the Juab High School wrestlers placed fifth overall. All team members who placed Johnson, Josh Paxman, and Travis Kendall. Throughout the season the team has done well in region and in other tournaments. On Thursday, February 3rd, the first round of the State Tournament will begin at 8 a.m. at Southern Utah University in at the tournament qualified to Cedar City. Other rounds on attend State Wrestling in Cedar Thursday will be at 1 p.m. and City this Thursday and Friday 6:30 p.m. Fridays round times the 3rd and 4th of February. Those who placed in Region were: Shawn Shepherd, 103, fourth place; Eric Ogden, 112, are 8 a.m., 10 a.m., 1 p.m., and 3 p.m. The Championship round will start at 6 p.m. on Friday. The cost will be $2.50 for all day for thafirst four third4ptoBjftMUlgr,ai9, third place ; Kiey Shepherd, 125, r3fyrscfa$2 founds on Friday, and $2.50 for fifth place; Kris Parkin, 130, fifth the Championship round, also on place; Aaron Mangelson, 135, Friday. sixth place; Shay Cowan, 140, for 3A schools State second place; Ryan Miller, 145, are also Wrestling in Cedar City this year third place; Ben Sutorius, 152, on Thursday and Friday. The 3A second place; Andy Johnson, 171, State Wrestles will be during the sixth place; Josh Paxman, 189, times when the 2A teams arent fourth place; and Travis Kendall, The public is encourwrestling. HW, sixth place. to attend the State TournaThis years wrestling team had age ment and show their school five first-yea- r wrestlers: Ben spirit Levan has experienced growth with eight new homes added to the community J Continued from page 5 Mona j Lady Wasps win over IVIanti M - 21 sees improvements the y to The two year project which will way is a highmake citizens in Mona safer has way. There is a great deal of trafbeen the project of Darlene fic at the crossing, she said. Fowkes, city council member. There are so many trains passFowkes said the project had ing by that there have been a lot taken a great deal of her time. of near misses, said Fowkes. She said the Goshen Canyon It took us two years to get it, road used to have a sharp S she said. Approximately $185,000 was curve but that had been elimineeded to construct the gate, a nated when the roadway was recontrol house, and flashing lights surfaced and straightened. The to warn those using the roadway curve used to slow people down of trains. Juab County as they traveled on the highway. agreed to pay approximately Now accidents are more likely to $3,000 as their match. happen because travelers come The control house will be up to the railroad tracks so shipped from Omaha, Nebraska quickly. The railroad officials agreed in a week, said Fowkes. Two on the roadway was not safe 29th Januof that the years ago ary, a lady called me firom Salt without the automated crossing Lake City and said the site would gate. I had to go right to the state be inspected, said Fowkes. In May 1993, Fowkes was given a and I had to keep calling to make ride on Union Pacific from Salt certain we would finally get the Lake City to Ogden to look at gate, said Fowkes. Her only concern, she said, was railroad crossings. When she met with officials of making certain people realized the railroad at the site, said how expensive the gate was and Fowkes, they agreed the gate would take care of it It could was necessary because the road save lives, she said. By Myma Trauntvein Times-New- s Corespondent right-of-wa- Levan has experienced growth this past year with eight new dwellings added to the community. We have had several families1 move into older homes in the community, said Mayor Conniej Dubinsky. We have hardly any empty homes in Levan. Most of the existing homes are either rented or have been purchased which have been empty in the past. That is a big plus for Levan, said Dubinsky. City council has been working to plan for future growth, she said. This past year the council appointed a planning and zoning commission to help deal with questions about growth. The county economic develop-- 1 ment agency will help us update our planning and zoning plan, said Dubinsky. That will be a big help to us, she said. As they look toward the fu ! ture, Levan Town Council mem- and the large garbage cans at bers must plan for growth in all first, said Dubinsky, most liked departments electric, water it after one year of service. It is and gas. We need to plan ahead. a big asset to the community and We are going to grow, she said. has made a big difference, she Many of those moving to the said. community have moved from The city began a town celebramore congested and populated tion this past summer, said areas because they are seeking Dubinsky.- It was a lot of hard the peace and clean air in a ru- work for our beautification committee. , , ral community. Most of those moving here The celebration, Heritage want to get away from city life," Days, was a success, she said. We are looking forward to trysaid Dubinsky. One thing the council needed ing to have another one this to be aware of as they plan for year. the future is that many of the The town hall, built more than residents of Levan are older and a year ago, is popular with the are on fixed incomes, said townspeople, said Dubinsky. Its a nice place, she said. It is Dubinsky. We may have to have more rented for most holidays, for din- than one council meeting each ners, open houses, and birthmonth, said Dubinsky. There is days. Since city hall opened, it has beginning to be too much business for the council to handle to been possible for people to pay get it all done in just one meet- utility bills at city hall. It is open for part of a day everyday, said ing a month. :;.The town is still using a gar- Dubinsky. The city hired a part-tim- e employee to run the facilbage contractor, Ivan Munk, to so Even the haul people could pay bills though ity garbage. some of the people did not like there. The city has added a new the automated garbage system - sprinkler system at the cem- etery. It will help save water and manpower, said Dubinsky. In the future, the council would like to have all of the city park sprinkler system installed. The city also needs a fence at the city cemetery and needs to purchase a new truck for the town employee. The employee is still attending linemans school. It takes a lot of hard work to go to school and work for the city at the same time, said Dubinsky. Tbm Park, Salt Creek Electric, an electrician was hired last year to supervise, on a part-tim- e basis, the citys electric depart- ment The council is still working to bring the Jazz television station to customers of the citys cable system. In the future, said Dubinsky, the city would have to close the garbage dump and use the proposed county landfill. We need to have a plan to close our landfill and to begin to use the county landfill, she said. low oost - Fost Seraee 4 poorcopy |