Recent Obituaries



Local & Social Scene




Follow us on Facebook


Inspirational Video




featured

The Watseka Area Chamber of Commerce appreciate everyone who supported this year’s golf outing, according to a news release. The outing is a fundraiser for the Watseka Chamber of Commerce takes place every year. The chamber offers sponsorship opportunities for this event as a way to market o…

Farm Credit Illinois recently hired Lynette Moyer, of Watseka, as a sales and service specialist in the Watseka regional office. The Watseka office serves farm families and rural landowners in Iroquois and northern Ford counties, according to a news release.

I have the good luck to spend part of the winter in Arizona, specifically Cave Creek, a small town located ten miles north of Phoenix. There’s only one major thoroughfare, the four-lane Cave Creek Highway, which is essentially Main Street. It runs into Carefree, a city of similar size, but i…

  • Updated

MoneyTips

Are your kids ready for the financial challenges of adulthood? The 10th annual Parents, Kids, and Money Survey from T. Rowe Price shows the benefits of early financial education, including both formal schooling and parental guidance.

The T. Rowe Price survey typically polls children aged eight to fourteen years old, along with their parents, to assess early financial understanding and habits. For the 10th annual survey in 2018, T. Rowe Price decided to switch their focus to young adults from eighteen to 24 years old to follow-up on the first survey, when those young adults would have been in the proper polling range.

T. Rowe Price's findings aren't surprising. Financial education in school is important, but what kids learn at home has an even greater impact.

Young adults who received...

Video: 6 Ways To Teach Your Kids How To Handle Money

Children and Cash

Bank: No Adults Allowed

  • Updated

MoneyTips

Current Federal Reserve Chairperson Jerome Powell recently indicated that the Fed may soon cut interest rates for the first time since the start of the financial crisis in 2009. What would such a change in the federal funds rate mean for you?

In today’s world of 24/7 cable TV and Internet news, people are more likely to be knowledgeable about financial and economic matters than in past generations. For example, we would venture to guess that most people have at least heard of the Federal Reserve, or, as it is usually referred to, the Fed.

However, having heard of the Fed is quite different from understanding what the Fed actually does and how its actions influence our financial lives. Let’s explore the Fed’s role in the U.S. economy and how its actions affect the broad economy and interest rates in particular.

What is the Federal Reserve and what are its Main Tools?

...

Interest Rate Hikes May Drive You Crazy

Federal Reserve 101

Three Important Credit Card Interest Rules

  • Updated

MoneyTips

Debt is no picnic at any age, but it's particularly rough on senior citizens. Most are nearing their retirement years or have already retired with little time (or money) to pay down debts.

Seniors tend to have better access to more credit if they need it. Their average credit score is 745, well above the national average of 701. That's both good and bad news. Better access to credit can tempt seniors into increasing debt or letting credit ride throughout their retirement years when they have less income to avoid a debt spiral.

The credit reporting agency Experian finds that Americans aged sixty and above do have less debt than the average American – $70,633 compared to the $93,446 national average – but that's still a troubling number given that most incomes will decrease during retirement years.

The amount of seni...

Tips for Seniors to Manage Their Debt

Seniors Racking Up Debt

Simple Debt Reduction Guide

  • Updated

MoneyTips

Does your family celebrate Amazon Prime Day? Over half of Amazon customers are estimated to be members of Amazon Prime, a staggering figure. Prime Day 2018 was the biggest shopping day of the year, exceeding even Black Friday and Cyber Monday, with 89 million visitors logging on and over 100 million products sold. Prime Day 2019 starts on Monday, July 15th at 12 a.m. PT and for the first time ever will run for 48 hours.

Amazon Prime members gain several membership advantages, but one of the greatest is free shipping year-round. For only $119 per year, you get free shipping and rapid delivery — and if you use Amazon even semi-regularly, you will save a bundle on shipping charges compared to the $119 membership. That begs the question: how can Amazon afford free shipping with Prime membership at only $119? The price was raised from $79 to $99 in 2014 and from $99 to $119 in 2018, but shipping costs are not the fundamental reason why.

It is not an issue of volume; ...

Amazon Passes Walmart

Avoiding Delivery Headaches

Are You Being Overcharged on Your Auto Loan?

  • Updated

MoneyTips

America's credit card debt is nearly $1 trillion, according to Federal Reserve data. How much of that debt belongs to your kids?

The 2019 Parents, Kids, and Money Survey from T. Rowe Price shows that credit card use has skyrocketed among 8-to-14-year-olds over the past seven years – from 4% in 2012 to 17% today. That's almost as high as the percentage of kids with checking accounts (19%).

Only 41% of kids with credit cards pay their bill. Parents pay 59% of the time – although this statistic could be misleading. Kids in the 8-year-old to 14-year-old age range are probably paying off their debts with allowance money or earnings from chores. Parents are responsible for charges in any case since children that young can't open credit cards under their own name.

If you've added your child...

3 In 10 Kids Have Used Parents' Credit Or Debit Cards Without Permission

Children and Cash

7 Money Tips To Know Before Adding An Authorized User To Your Credit Card

It can sometimes be difficult to get kids outdoors for exercise when the weather is harsh, says Jennifer Jewell, a physical therapist in Jefferson Township. That’s one of the main reasons she enrolled her three children in the iXL Rehab, Exercise and Wellness Center’s Excel Sports Performance youth camp.

If you’ve ever been a pet parent you know animals love to explore and taste just about everything in their path. Unfortunately, there are things at home that our furry friends shouldn’t eat. In fact, according to the ASPCA in 2018, the Animal Poison Control Center (APCC) received an average of 1,200 calls daily and assisted 266,554 animals.

According to the Oxford Dictionary, a boundary is defined as “a line that marks the limits of an area.” In more straightforward terms, it’s the line you clearly draw so that others know not to cross it. Boundaries are essential to healthy relationships, whether that’s among friends, within the workplace or in a romantic partnership.

National Videos

AP

Suspect screaming "You die!" kills up to 23 at anime studio; Kevin Spacey case sank by accuser's refusal to testify; Paul McCartney writing "It's a Wonderful Life" stage musical. (July 18)

After surviving a two-day battering on Capitol Hill, now comes the hard part for Facebook Inc.: turning its 12-page white paper into a legitimate cryptocurrency in the face of deep skepticism from central banks, regulators and politicians of all stripes. David Marcus, the Facebook executive leading its blockchain efforts, spent much of his time at congressional hearings this week apologizing ...

TOKYO - As Japan prepares for an upper house election, Prime Minister Shinzo Abe appears to have taken a page from social media giants such as President Donald Trump and stepped up his influencer game. Unlike Trump, who favors Twitter, Abe's format of choice has been Instagram - and his target is the young voters who flock to the platform. Abe and his ruling Liberal Democratic Party are trying ...

WASHINGTON - When then-Vice President Joe Biden hosted Chinese leader Xi Jinping for a five-day diplomatic blitz in 2012, a Hollywood Democratic mega-donor kept popping up with them. There was Jeffrey Katzenberg, then the head of DreamWorks Animation, dining alongside Xi, the then-vice president of China, at a State Department welcome lunch in Washington. And there he was again, standing just ...

BEIJING - The signs of summer have arrived in the northern Chinese resort town of Beidaihe: The umbrellas are out, the traffic controls are in place and the regional Communist Party chief has stopped by to make sure everything's set for the most important of visitors. China's so-called summer capital - located on the Yellow Sea, more than 100 miles from Beijing - each year plays host to a ...

The Kankakee and Iroquois County Back to School Fair, coordinated by Catholic Charities, Diocese of Joliet, will be from 9 a.m. until 2:30 p.m. July 27 at Olivet Nazarene University’s Chalfant Hall.