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Odessa American in Odessa, Texas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 08, 1995

Page

14

Lone Star economy outlook through 2000 by Perryman

Texas portrays a varied but broadly positive forecast through 2000 with regional differences. Key sectors include services, medical, and durable manufacturing, while export growth and trade activity bolster growth despite a Mexican financial crisis. Regional notes highlight High Plains medical expansion, Northwest Texas agriculture, Metroplex service dominance, Gulf Coast mining strength, and ongoing diversification shaping overall Texas economic prospects.

Piney Woods Lone Star U.S Japan Kobe Texas Comptroller High Plains Northwest Texas Metroplex Mexico Southeast Upper East Beaumont-Port Arthur Gulf Coast Central Texas Houston Austin West Texas South Texas Upper Rio Grande

Learning to live within a budget early pays off

Lexington residents tackle money woes as young adults like Jeremy Ford learn the basics of budgeting. Financial planners urge saving six months of expenses, using 401k or IRA plans, and avoiding overspending to secure financial futures.

Ford University of Kentucky Common Grounds Beth Kobliner Your Money Lexington Steve Lee Morgan Keegan Lee Ralph Scearce HMO Kobliner Bernie DeVille Joseph Beth Booksellers DeVille Barbara Eastern Kentucky University Bernie Joseph Beth Julian

Insurance strategy urges high deductible for catastrophe protection

The guide advocates using higher deductibles to cut premium costs and reallocate savings to essential coverage. It suggests reviewing policy details for discounts, such as multi policy purchases, safe devices, and accurate background information to ensure proper premiums.

Schwartzberg

Baby boomers face retirement gap amid housing wealth debate

Brookings Institution retiree Burtless and others challenge Bernheim on the retirement savings gap by arguing housing wealth and later retirement age could close much of the shortfall. Yakoboski of EBRI stresses counting home equity alters projections, with many boomers using housing value to fund college and retirement. Bernheim maintains housing wealth is insufficient and baby boomers face slower income growth and Social Security reductions.

Burtless Bernheim Paul Yakoboski Employee Benefit Research Institute Yakuboski

Practical tips for building savings and cutting expenses

Guidelines to reduce debt and grow savings include paying full balance monthly, saving six months of expenses, budgeting, and avoiding stocks until debt is cleared. Focus on frugality, buying store brands, using libraries, and paying attention to bank fees. Encourage retirement savings regardless of income.

Economy shows soft landing but risks loom for markets

U S economy appears to be soft landing with slower growth and contained inflation, sparking bond rallies and stock market highs. Analysts caution that this gains may reverse as unemployment data fuels concern that the slowdown could falter, with potential negative surprises ahead.

New York U.S Michael Metz Oppenheimer & Co

Also Mentioned on This Page

M. Ray Perryman Perryman Consultants Inc Edwin L. Cox School of Business Southern Methodist University Jeremy Ford Griff Ray Ray Christ Cathedral Church Kristan Epworth Head Start Scearce Bankcard Holders of America Herndon Grace Weinstein Brookings Institution Congressional Budget Office Wall Street Tra’s Ernest Lynch & Associates E. 42Nd Ernest C. Lynch CLU Philadelphia Life Asset Planning Co Market Street Philadelphia Southwest Financial Service Andrews Odessa John Arrick East 11Th St Edward D. Jones & Co Meier Hew
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