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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 20, 2000
Page
33
The Gazette invites individuals or couples who recently moved to Eastern Iowa to share how they learned of local employment opportunities and why they chose Cedar Rapids. Contact George Ford, financial editor, 500 Third Ave SE, Cedar Rapids IA 52401 or email georgef fyiowa.com.
A William M Mercer survey of over 200 U S cities finds East and West coast pay above the national average while Midwest and Southern cities trail. For a $60 000 national average San Jose offers 70 440 and Brownsville 50 340 reflecting a 17 4 percent higher and 16 1 percent lower value respectively. The study notes higher salaries are less locale dependent at larger amounts.
A hispter family story shows Bill and Mary Toohey living on half their income, saving and investing the rest. They paid cash for cars, eliminated debt, and grew $26,733 in eight years by avoiding impulse buys and seeking best prices for big-ticket items.
OfficeTeam executive director Diane Domeyer says reference quality affects hiring outcomes. She urges applicants to seek permission before listing references and to choose people who can speak specifically about performance.
Travel Industry Association of America reports 52.2 million people planned trips online last year, up 54 percent from 1998, but only 32 percent of planners booked online. About 16.5 million made reservations, up from 6.7 million in 1998, while security and customer service deter online bookings.
Cedar Rapids couple Tim and Koleen Janney report progress on their Dollars & Sense goals. Paige Janney, 19 months, was born June 1 1998, joining Payton who was 9 months old when they started the program. The couple bought a home in southwest Cedar Rapids, acquired a truck, and plan to build an emergency reserve with extra monthly cash flow.
Judy Maples Ruth Certified financial consultant Tim keeps working as an operator for PMX Industries in Cedar Rapids. Koleen advances from corporate trainer to program manager at APAC Customer Services. Their combined income rises from about 51 500 to 83 000 annually. They pay off the credit card monthly and save to reach an annual surplus of about 13 293. They have assets of 134 000 and liabilities of 75 856 for a net worth of 58 144. They aim to save for Payton and Paige college costs. Ruth notes a 30 000 inheritance will help reduce debt and fund education.
Tim Janney 37 and Koleen Janney 37 of Cedar Rapids with daughters Payton 3 and Paige 19 months. Tim works at PMX Industries and Koleen is a program manager at APAC Customer Services. They earn 83000 gross yearly with assets 134000 and liabilities 75856. They seek to pay debt, buy a home in five years, fund daughters education, and save for retirement.
Kansas City area estate experts describe a shift in how affluent individuals spend and pass on their wealth. They prioritize sustaining lifestyle, ensuring control, and funding philanthropy while leaving heirs a prudent portion to avoid laziness. Fred Pryor exemplifies directing funds to community and university projects. Debbie Wilkerson notes founders seek lasting impact through charity rather than idle wealth.
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