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Show V T " the tangy world of o APRICOT NECTAR SALAD ': cups apricot nectar pkg. (3 oz.) lemon gelatin Vi cup wager 1 Tbsp. lemon juice 1 can (11 oz.) mandarin orange segments, drained xh cup seedless grapes, cut in half V cup chopped apple BRING apricot nectar to a boil. Add gelatin; stir well until dissolved. Add water and lemon juice. Chill until partially set. Fold in oranges, grapes and apples. Turn into a 4 cup mold and chill until firm. Unmold and serve with a cream dressing. Serves 6. 1 1 APRICOT SPRITZ COOKIES V cup shortening or margarine 23 cup sugar 1 egg 13 cup apricot puree tsp. salt tsp. vanilla 2Vi cups flour CREAM shortening and sugar until light and fluffy. Add egg and beat well; add apricot puree, salt and vanilla. Mix well until all is blended. Add flour to make a moderately stiff dough. Chill dough, then force through a cookie press onto ungreased cookie sheets. Place in oven minutes. 375 deg. and bake for If you wish, shape dough in rolls and wrap in wax paper and chill until firm. Slice thin and then bake. Makes 6 doz. dainty cookies. 'A Vi 8-- , home gardener By LUCILLE STRINGHAM PANNED CABBAGE DELUXE large onion, sliced thin Tbsp. margarine 1 green pepper, sliced thin 2 cups shredded cabbage 1 cup grated carrots 1 tsp. salt Dash pepper 1 cup boiling water SAUTE onions and pepper in margarine, in a heavy skillet, until soft and clear, about 5 minutes. Add cabbage and carrots and seasonings. Pour water over vegetables. Cover and simmer 12 minutes. The water evaporates as the vegetables cook. Serve hot. Serves 6. 1 1 Debt Erodes Eimaeda! Worth Only five out of every 100 Americans are financially independent at age 65 because, generally, people do not know how to manage their money, a personal finance expert said. DR. CLYDE J. Cooley said that the biggest deterent to proper management of finances is the high number of people who are borrowing for consumer goods. Cooley, an associate professor in the Weber State College department of marketing and finance, notes that out of those 100 Americans age 65 and older, 23 must continue working for their support while the other 72 depend on family and friends. WE TEACH people how to make money, but not he said. Cooley explained that a borrow and buy mania has how to manage it, the time you are idea is to increase your net worth, not the other way around, says Dr. Clyde Cooley. A mania has swept the country convincing people that it is bettei to borrow money for consumer items Instead of saving aric paing cash. Ts pretty hard to convince me that people are better off borrowing and buying" he contends. ; If you want to be one of five who are financially independent at age 65, do not borrow and buy, Get out of those debts that do not increase financial holdings. The DONT BE ashamed to say you can't afford it and "be embarrassed if you have orange crates for furniture. Consumer debt is just not wise. He said it is lethal to obligate income through time payments before the money is received. Not only does it put the consumer in a tight spot should the monthly income be reduced or cut, but it also adds to a growing national debt. dont 20 years old when he started and saved the same amount every year, the total net worth at age 6 would be $47,000 compared to a loss of $25,000 if the same COOLEY NOTED, The government is only responsible for 25 percent of the national debt. The rest of it is because you and I borrow and buy when we don't yet have the money. He added, If you want to be one of the five who are financially independent at age 65 do not borrow and buy. Credit cards, charge accounts, theyre all there to lure people into the lethal habit of credit buying. amount were borrowed. Cooley said, People say, If I save, the price will just go up. So lets assume then that the price of a $6,000 car goes up 10 percent in one year. By saving the monthly payment you still come out $218 ahead and if you invest that one-tim- e savings in a 10 percent savings account by COOLEY advocated getting out of every debt that does not increase financial holdings as fast as possible. When people want to set you up on an installment plan the answer is always no. You can have it if you pay for it, but not if its on time, he said. swept the country, converting almost every Debt is not bad if it causes your money to grow, but consumer goods grow to a net worth of zero and money borrowed for consumer goods is not productive. It erodes the net worth. Homes are good investments, he said, because they at the end of the year and after taxes they would be $65.84 cents ahead. PROJECT that for 45 years, assuming the person is grow in value and the owner will end up with more, but a boat, for example, decreases in value and, if it is bought on credit, erodes the persons financial net worth. COOLEY SAID, The idea is to increase your net worth, not the other way around. He pointed out that if someone borrows $500 for one year at 18 percent the total net loss would be $35. If, instead of borrowing, the person put the same amount in monthly payments into a 10 percent savings account o the accumulated amount would be Its pretty hard to convince me that are better off borrowing and buying. people The professor said that the simplist way to avoid debt is to simply say no to borrowing. SOLVING MONEY MATTERS one to the notion that it is better to borrow money for consumer items than to save and pay cash. HE SAID, 65 $31,000. HE ADDED, t |