Lexi Adams, who will open the City of Kentwood’s free-to-the-public Winter Concert Series this week, is a singer/songwriter who offers up a mix of covers and original music that are “stories of life experience carefully crafted through each melody and lyric.”
The concert, scheduled for Thursday, Feb. 17, will take place at the Community Room of Kent District Library – Kentwood (Richard L. Root) Branch, 4950 Breton Ave. SE, from 6:30-8 p.m. Guests are welcomed to bring their own beer, wine or nonalcoholic beverages to enjoy at the show.
Each concert will also have a food truck outside offering a range of cuisines and available for purchase, with Patty Matters Food Truck available on Feb. 17.
Michigan home but Nashville bound
Originally from southwest Michigan Lexi moved to Nashville Tennessee in 2008 to “pursue her love and passion for music,” according to her website. She moved back to Michigan with the intent of taking three months to immerse herself in her newly recorded EP but “she received many opportunities to play her music in the west Michigan area and that hasn’t stopped since.”
Lexi Adams. (Supplied by the artist)
Three months turned into 12, and she continues to pursue her love and passion for music in the local Michigan music scene. And while she hopes to eventually return back to the Nashville — “the city that stole her heart” — for the meantime, “Michigan is where it’s at!”
Lexi Adams’ sound, according to her website, “is Ryan Adams on a cool summer night, smoking cigarettes while leaning in for a kiss with Taylor Swift. It will leave you hurting and longing for more; wishing you had said what you really wanted to say to the love of your life before they walked away.”
WKTV will record all concerts and will replay them, as scheduled, on our cable channels as well as on WKTV.org by hitting the “Watch Live” button, and also later on-demand at WKTVlive.org.
Tentative run time for Lexi Adams’s concert will be The concerts will air on WKTV 25 Tuesday, Feb. 22, at 9 p.m.; and Saturday, Feb. 26, at 10 p.m. Visit wktvjournal.org/wktv-on-air-schedule/ for a schedule of replays.
Limit the amount of personal information you share online, including birthdays, addresses, account numbers and passwords, and your Social Security number. (pxhere.com)
“Don’t be quick to click, make sure it’s legitimate.” — Dave Stanley
The world has gone digital, so have your assets and much of your personal information. Cybercriminals are aware of this shift but are also mindful of how ill-prepared many people are when protecting themselves in the online world. While cybersecurity might seem complex, a little bit of common sense will go a long way in minimizing the threats that could expose you.
Beware before you share.
Limit the amount of personal information you share online, including birthdays, addresses, account numbers and passwords, and your Social Security number. If a government agency contacts you asking for your government-issued ID, verify the request by contacting the agency. Scammers like to pose as the IRS and other agencies in hopes of convincing their targets to share valuable personal data. If you encounter one of these scams, you should terminate contact immediately and report it to the proper authorities.
Shop smart, shop safely.
These days, nearly all of America shops online. Sadly, many unscrupulous websites out there fail to handle your data with the level of care it deserves. This leaves your data vulnerable to hackers that use these sites to steal credit card information in hopes of making a quick buck. It’s essential to shop at reputable online stores only. Look for badges of trust and read independent reviews so you can gain a sense of a website’s credibility.
Security Software
Anti-virus software and firewalls provide an added layer of defense and should remain on at all times. Sensitive information stored on a device should be encrypted and backed up if it is compromised by malware. When choosing passwords, make sure that they are complex and unique to every account. It would help if you also made sure all devices sharing a network with yours use anti-virus software.
Stay safe while using public Wi-Fi.
Public Wi-Fi is available in most stores and restaurants, but connecting to these networks could be risky. If you must connect to public Wi-Fi, use a virtual private network, and avoid viewing sensitive information or making bank transactions.
Know the signs of a scam
It is important to stay in the know about trending scams. There are, however, red flags that are common to a wide range of scams.
An attempt to gain trust by impersonating a government agency or familiar contact
Contact from out of the blue claiming a problem or prize
Scammers use emotional appeal in an attempt to create urgency; they may pressure you with jail time or other penalties
Unusual requests regarding the method of payment, you might be asked to use a money transfer company or purchase pre-loaded gift cards so you can provide them with the number on the back
Be wary of familiar contacts requesting personal information. A popular scamming tactic is to gain access to the account of someone you may know or trust. The scammer will then message you to get personal information or money from you.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management
The new statute for Gerald Ford has become hot spot for selfies. (Supplied/Ford Airport)
By WKTV Staff
The entertainment and sports world — and an estimated 1 million West Michigan viewers — will be focused on their televisions this Sunday as Super Bowl LVI plays and everybody attention is on the game, the halftime and, of course, those advertisements.
And it is not just beer and soda commercials either. Getting in on the action, the Gerald R. Ford International Airport has announced it, too, will air its first Super Bowl spot, a 30-second ad, which “leans on a football theme to underscore the ease of travel through Ford International Airport – complete with yellow flags over a penalty.”
The commercial was created by Extra Credit Projects, and recorded and produced with Taproot pictures in Grand Rapids.
“We are excited to unveil this new ad to our fans during the game of the year,” Dan Koorndyk, chair of the Gerald R. Ford International Airport Authority, said in supplied material. “… The Super Bowl felt like a great opportunity to showcase the Airport to our community.”
Travel numbers grew steadily during 2021 for Ford International Airport, reaching 2.9 million passengers – 82 percent of its pre-pandemic numbers, which were records.
“The Airport has experienced tremendous growth and continues to advance plans for additional development, making it a huge economic driver in the region,” Rob Jackson, principal at Extra Credit Projects, said in supplied material. “The scale of the Super Bowl felt right … at the end of the day, it’s just exciting to be part of the big game and connect with such a broad audience in the region.”
The football connection also seems fitting for the airport’s namesake.
“The Ford International Airport has an undeniable connection to football as former President Gerald R. Ford helped lead his Michigan Wolverines to two undefeated seasons on the gridiron nearly nine decades ago,” Tory Richardson, president and CEO of Gerald R. Ford International Airport Authority, said in supplied material.
Lexi Adams will be performing at the Kentwood Winter Concert Series on Thursday, Feb. 17. (Supplied)
Cellist and vocalist Jordan Hamilton will be performing at the Kentwood Winter Concert Series Thursday, March 17. (Supplied)
Nicholas James Thomasma will be performing at the Kentwood Winter Concert Series Thursday, March 31. (Supplied)
By WKTV Staff
After a brief scheduling delay, the City of Kentwood’s free-to-the-public Winter Concert Series will return Thursday, Feb. 17, with singer/songwriter Lexi Adams leading off three concerts on select Thursdays through the end of March at the Kent District Library – Kentwood (Richard L. Root) Branch, 4950 Breton Ave. SE.
WKTV will record all concerts and will replay them, as scheduled, on our cable channels as well as on WKTV.org by hitting the “Watch Live” button, and also later on-demand at WKTVlive.org. Visit wktvjournal.org/wktv-on-air-schedule/ for a schedule of replays.
The series will feature three West Michigan performers who will play a mix of genres and, in keeping with the mix of musical tastes, each concert will also have a food truck outside offering a range of cuisines and available for purchase.
“With a variety of talented local musicians and food truck favorites, winter concerts offer residents an enjoyable night out during the colder months,” Val Romeo, Kentwood Parks and Recreation director, said in supplied material. “We welcome all to enjoy the good food and live music in the warm comfort of the library this winter.”
The concerts will take place in the library’s Community Room from 6:30-8 p.m. Guests are welcomed to bring their own beer, wine or nonalcoholic beverages to enjoy at the show.
Also, according to the city announcement, “residents are encouraged to follow current public health guidelines to help stop the spread of COVID-19.”
The lineup of performers and food trucks is as follows:
Thursday, Feb. 17 — Singer and songwriter Lexi Adams with food from Patty Matters Food Truck. Adams, according to supplied material, will present a mix of original music and covers. “Her songs are stories of life experience carefully crafted through each melody and lyric.”
Thursday, March 17 — Cellist and vocalist Jordan Hamilton with food from Around Baking Company. Hamilton “will merge musical styles to tell stories of the human experience through a variety of genres.” A member of Last Gasp Collective and the Southwest Michigan Symphony Orchestra, he can be found performing primarily in the Midwest, where he has opened for national acts.
Thursday, March 31 — Singer and multi-instrumentalist Nicholas James Thomasma with food from El Jalapeño. Thomasma will perform a mix of Americana, folk, country and rock music. “He combines stories and songs with humor and wit for a show that can be enjoyed by all ages.”
The Stray Cafe will be hosting a Battle of the Bands in March. (Supplied)
Wyoming’s The Stray is looking for local bands to participate in its first-ever Battle of the Bands competition in March.
On each of the first Friday nights in March, up to five bands will compete in 20-minute spotlights to make it to the finals on March 25, where the ands can showcase their full-length set of 45 minutes. Finalists will be determined based on popular vote and the vote of a guest judge. Guest judges are Andrea “Dre” Wallace, OPNR Music, Super Drizzy, March 4; Elle Lively, Michigan Music Alliance, The Listing Room, March 11; Jake Rye, Social Recording Co., March 18; and John Sinkcevics, Local Spins, March 25.
Cash prizes will be awarded to the top three winners.
The deadline to enter is fast approaching, Feb. 10. Bands and solo artists fro many genre are welcome to apply.
To apply, visit www.thestraycafe.com. The Stray is located at 4253 S. Division Ave.
The average consumer may not be aware of some more attractive CD terms as they are typically reserved for large investors and therefore offered to the bank’s wealthiest clients. Some types of CDs are not provided directly by an issuing bank but are made available through financial professionals licensed to sell the specific CD instrument in question. That is why investigating the certificate of deposit alternatives with a financial professional is one of the essential fact-finding missions in which a conservative investor can engage.
Traditional CDs: Traditional certificates of deposit are sold directly by banks to the general public. The purchaser agrees to hold their funds for a specified period with the bank to attain a fixed return on their investment when the period ends, usually referred to as the certificate’s “Maturity Date.” If the depositor wants to withdraw funds before the maturity date, penalties are generally applied, and this is pretty much the only way you can lose principal with a traditional CD investment.
Brokered CDs: Brokered certificates of deposit are sold through securities broker-dealers and deposit brokers rather than directly through the issuing bank. Brokers purchase the CD from the issuing bank on the investor’s behalf.
Market Linked, or Structured CDs: Market-linked certificates of deposit, also referred to as structured certificates of deposit, are a brokered type of CD offering the safety of FDIC insurance with more attractive interest rates than traditional CDs. They usually pay both a guaranteed interest rate and a variable interest rate, which is tied to a market vehicle such as stocks, bonds, commodities, or indices. Conservative investors find these desirable investments as the FDIC insurance minimizes risk to principal, and the higher interest potential dramatically reduces risk to losses due to inflation.
Deposit Brokers have been selling Market Linked CDs (MLCDs) in the United States since Chase Bank introduced them in 1987, but they were designed for wealthier investors and were out of reach to average investors. While today’s MLCDs are available for a minimum deposit of $1,000, many brokers may require a higher account size.
Bump-Up CDs: Bump-up certificates of deposit offer a lower initial interest rate than traditional CDs to investors but provide them with a one time option to “bump up” their rate if interest rates rise during the CD term.
Step-Rate CDs: Step-rate certificates of deposit are designed to “step” up or down to a predetermined rate at a certain point in the term of the CD based on specific circumstances.
Callable CDs: Callable certificates of deposit are offered at higher than traditional rates to investors with the bank retaining the option to “call” the CD after a specified period.
And beware: your interest may be taxed annually as it is earned even though you will not receive it until your maturity date.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management.
Frederik Meijer Gardens & Sculpture Park’s Michigan’s Farm Garden, a reproduction of Lena Meijer’s home early in life near Lakeview, Michigan. The windmill is actually from that farm. (Supplied/Dean VanDis)
The legacy of the late Lena Meijer — community advocate, philanthropist and so much more — lives on in her family, in many ways in the Grand Rapids community, and, of course, Frederik Meijer Gardens & Sculpture Park.
And while Lena played a large role in the success of her family’s Midwest grocery super-center business, her life began on a humble farm near Lakeview, Michigan. And that humble beginning is on full, if slightly miniature, display at Meijer Gardens’ Michigan’s Farm Garden.
“She always spoke so lovingly of her upbringing and cherished that experience in her life,” David Hooker, President and CEO of Frederik Meijer Gardens & Sculpture Park, said WKTV.
Fred and Lena Meijer. (Supplied/undated)
Both Lena and her husband, late grocery entrepreneur Fred Meijer, grew up on farms. A daughter of German immigrants George and Mary Rader, Lena was born and raised on the farm her parents acquired after settling near Lakeview, while Fred’s family farm was located in Greenville.
Lena and Fred never lost the desire to share their knowledge and love of the land with their community.
“They wanted people to really understand that food comes from a farm, it doesn’t come from their grocery stores,” said Hooker.
Through this desire, the Michigan’s Farm Garden was born.
“The idea for creating Michigan’s Farm Garden was so people could understand what the farming life was like, especially in the era of the 1930s when they both grew up,” said Hooker. “The fact that they wanted to recreate that experience for people is a testament to how Lena felt about it.”
Milking cows, fresh carrots … and that windmill
At the Michigan’s Farm Garden, visitors can find a three-quarter scale replica of the farmhouse where Lena was born and raised, a barn, vegetable and flower gardens, animal pens, and bronze sculptures of farm animals scattered throughout. Patrons are invited to sit in rocking chairs on the wraparound porch, and visit and relax.
Fred and Lena Meijer at the dedication of Frederik Meijer Gardens & Sculpture Park’s Michigan’s Farm Garden. (Supplied)
Another piece of Lena’s heritage she chose to share with the community is the windmill visitors see while visiting the Farm Garden. “That actual windmill came from her family’s farm,” Hooker said.
“She (Lena) learned at a very young age how to milk a cow and work the fields, and do everything that farmers do,” said Hooker.
One of Lena’s favorite stories involved milking cows. Hooker said Lena liked to joke about being so skilled at milking a cow that she could feed their cat at the same time.
“She could squirt the milk into the cat’s mouth from six feet away,” said Hooker.
Lena’s antics as a young farm girl didn’t end there.
One of the farm scene sculptures from the Michigan’s Farm Garden. The girl riding the pig, reportedly, is taken from Lena’s childhood. (Supplied/William J. Hebert)
“As a young girl, she’d ride the pigs,” Hooker said. “In fact, we have a sculpture of Lena as a little girl riding a pig out in Michigan’s Farm Garden. It’s classic.”
When it was mentioned that it seemed like Lena had some “spunk” in her personality, Hooker agreed — “Oh, she had a ton. Absolutely.”
Lena died at the age of 102 on Jan. 15. She will be buried beside her husband at Michigan’s Farm Garden, laid to rest in a place they both loved to visit in their twilight years.
“If it was the right time of year, they would pull a carrot right of the ground, wash it off, and they’d eat it,” said Hooker.
Children, learning and lots of beautiful plants
Lena’s love of gardening and plants is also revealed in the Lena Meijer Tropical Conservatory and, especially, the Lena Meijer Children’s Garden.
“(Lena) loved kids and loved the idea of a garden dedicated to children learning about gardening and learning about how life itself would not be possible without plants,” Hooker said.
Lena Meijer at the 2017 groundbreaking of Frederik Meijer Gardens & Sculpture Park’s expansion projects. (Supplied/Anthony Norkus Photography)
The Children’s Garden promotes interactive learning and the use of all five senses with various hands-on activities for children and their families.
“Meijer Gardens is a gift to all of us as a community,” said Hooker. “This is what Fred and Lena were interested in and they gave this to us as a gift. For this gift to mean anything, come on out and visit! It’s here for everyone to enjoy.”
For more information about Frederik Meijer Gardens & Sculpture Park visit meijergardens.org.
The start of 2022 has the City of Wyoming seeing growth in both the manufacturing and residential fronts.
Padnos plans to expand into recycling of ocean-bound plastics. (pxhere.com)
Earlier this month, industrial recycling and scrap management company Padnos announced it would expand its operations in the City of Wyoming, creating up to 50 jobs. The company operates a plant at 500 44th St. SW, in Wyoming.
The project is expected to generate a total capital investment of $6.6 million. It i supported by a $250,000 Michigan Business Development Program performance-based grant, according to a press release from the Michigan Economic Development Corporation, the state’s marketing arm and lead advocate for business development, job awareness and community development with focus on Michigan’s economy. Also supporting the project is The Right Place, which has offered staff time and resources for the project.
“Padnos is proud to further our investment in the community while increasing our process capabilities to meet market demands. We are seeing an increase in demand for recycled material and we are committed to working with our partners to get these materials back into new products and keeping them out of our landfills and oceans,” said Jonathan Padnos President and CEO Jonathan Padnos in a written release.
Padnos, founded in 1905 in the City of Holland, has been transforming scrap into reusable resources for more than 100 years. The company recycles metals, paper, plastics, and electronics and currently has more than 725 team members in facilities located in Michigan and Indiana.
The expansion at the Wyoming facility will focus on the company’s effort to increase its capabilities into recycling ocean-bound plastics. Padnos will add new loading docks, a laboratory, and a maintenance garage to the Wyoming facility. It will also invest in electrical and infrastructure upgrades.
The project will bring immediate jobs to residents in the area and cement the 100-year-old company’s presence in Michigan. Padnos is committed to work with underserved communities and provides training to individuals returning from incarceration, providing them with the skills needed to be successful in the workforce.
Orion Construction plans to complete The Reserve Flats project by the fall of this year. (supplied)
Construction continues in the City of Wyoming with The Granger Group announcing it has welcomed its first tenets to the multifamily development, The Reserve Flats.
Located on Wilson Avenue, half-mile north of M-6, the 138-unit community is being built by Grand Rapids-based contractor Orion Constriction and features 26 condo-style apartments ranging from three- to eight-unit buildings. Spread over 22 acres, the project is being constructed in three phases, the first phase delivering 15 units with two- and three-bedroom floor plans.
“Granger is focused on building strong, vibrant communities and The Reserve is another example of the level of quality we expect to deliver in the communities we invest in together,” said Jason Granger, who oversees strategic investment initiatives for Granger, in a written release.
While referencing Kent County’s 2021 study that projects a nearly 9,000-unit deficit to be filled by 2025, Granger said, “We set out to build a development that provides quality housing options for the City of Wyoming while also serving a greater Grand Rapids area that desperately needs additional housing now more than ever.”
Units at The Flats range from 1,400 to 1,700 square feet. Each unit has a two-car attached garage along with a dedicated driveway and a covered porch at the main entrance.
Orion Construction broke ground on the projects first phase in August 2021. The company has seven buildings and 32 units enclosed as they continue to work through the winter elements. The project is scheduled to be completed by fall of this year.
If you’re a woman, who is divorced, in the process of divorcing, or is contemplating a divorce in the near future, understanding a few key things about the financial implications of a marital dissolution will go a long way toward helping you regain the confidence you need to take control of your wealth.
After a divorce, some women, especially those whose spouses were in charge of the household finances; find themselves in the confusing and uncomfortable position of having to learn personal finance from scratch. They now have no choice except to take responsibility for earning, saving, paying bills, and investing for retirement.
It’s unfortunate that many divorced women find themselves faced with some unpleasant and unanticipated realities in their post-marriage lives. For example, women often greatly underestimate the costs involved in the divorce process itself. The website Divorcestatistics.info puts the average cost of a divorce in America at around $15,000.
Beyond the legal costs, things such as lack of financial literacy, standard office expenses, the need to hire valuation and other financial experts, and even the emotional states of the divorcing couple can contribute to the high price tag a divorce usually carries.
Divorcing women face other nasty surprises
• Health insurance costs are often more than they envisioned. Usually, divorced women will have to pay their health insurance premiums, which can be staggering. Nationally, health insurance premiums have been increasing by an average of 5% every year, for the last six years. In some states, coverage for a single woman can be more than $1,000 per month! • They need to find a job as soon as they can. Economic necessity can mean that some divorced women will see they need to start working quickly. Those who were stay-at-home wives and mothers may not have had time to acquire new skill sets or update their existing skills, making it difficult to get hired or get better wages. • They could find themselves homeless. In a typical divorce, the family home can be the most valuable financial asset as well as a big bone of contention. If divorcing women do want to stay in the home because they have young children or due to an emotional attachment, they may have to fight to keep it. Fighting with an ex-spouse over the home is an expensive and time-consuming process that could quickly deplete any savings and create even more stress. • Alimony and/or child support is not what they thought it would be. For whatever reason, some divorced women overestimate how much money they feel their ex-spouse should pay in spousal or child support. The amounts arrived at during the divorce process may be much, much less than anticipated.
These and other unwelcome surprises in the aftermath of a divorce don’t have to spell disaster, though. With a little pro-active “divorce planning,” you can lessen the sting of the process and begin to regain control over your financial future.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management.
Retirementplanning is crucial enough as it is for a married family. Still, it becomes even more critical for singles or unmarried couples considering that they are not accorded the same tax breaks and advantages which a couple gets upon marriage. Statistical studies report that single women are the fastest-growing group of home buyers, while the number of married families buying a house has dropped by 10% in the last ten years.
With increasing divorce rates and increased tolerance of non-traditional definitions of the concept of a family, the taxation laws have not been able to keep up with the growing purchasing power and numbers of people who fall into the definition of singles or unmarried couples, including divorcees, same-sex couples and singles living in an extended family with other members. What proactive financial planning steps can people who fall under these characterizations take to ensure a secure future?
If you live with a partner, the best thing you can do is be transparent about your finances and discuss all expenses and bills payable, to work out a satisfactory arrangement. This could mean a pooled fund for monthly payments and joint assets, while payments towards significant individual assets are paid for the owner(s).
Remember that there will be no legal recourse in case of a split and the asset not being in your name. If you have joint ownership of assets, contact a lawyer to put in writing arrangements for the distribution of assets in case of a split. A commonly availed arrangement for partners buying a home is under a JTWROS or joint tenants with the right of survivorship. A living trust can be set up to avoid the gift tax, which would be payable for transferring property to the surviving partner.
Funds in 401(k) plans, IRAs, and other retirement plan vehicles will not automatically be transferred to the survivor, as in the case of a spouse. Take special care to nominate your partner as the beneficiary and change as and when necessary if you are single. Write powers of attorney for each other, which would only come into effect in the sudden demise of one partner, or extreme disability. Note that unmarried couples do not have a right to each others’ social security benefits. IRA rollovers from one partner to the other are also taxable, unlike those for a married couple.
Also, laws governing rights over assets and responsibilities for joint debts may vary depending on the state of residence and the contracts signed with financial organizations.
All this means is that for single and unmarried live-in couples, retirement planning needs to be taken a bit further than that done by a married couple to offset the lack of clarity in governing laws and tax benefits. Everything has to be put down in writing in clear terms. It is generally advisable to consult a financial planner and set your finances to go in the right direction before jumping into a long-term live-in arrangement.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management
Every day online users are bombarded with real — and scam — communications. The trick to keeping your money and personal information is knowing the difference. (Pixere.com)
With email and phone scams on the rise in an ever-increasing online and media culture, local law enforcement and government agencies are working to educate consumers on current scams and how to protect themselves from becoming victims.
Phishing, defined as the fraudulent practice of sending messages designed to trick individuals into revealing personal information, has become one of the main conduits for fraud.
Katie Grevious, Better Business Bureau Communications Specialist, told WKTV that falling victim to a scam has become more difficult to avoid as “scammers are becoming more crafty and creative.” Grevious said that scammers use fear and a sense of urgency to prompt consumers into following their directives: “It is an emotional situation. Something is wrong, something bad is going to happen — that’s what gets people.”
The ongoing pandemic has also played a role in increasing the phishing strategy, with emails offering grants to those out of work and in need of money. In a more general sense, an increasing number of consumers have begun shopping online, providing ample opportunities for scam artists to create situations that involve an emotional response of fear and urgency.
“We don’t see it really slowing down as the pandemic continues and we become more online and internet focused,” Grevious said.
An online scam could also be as simple as clicking on a link to track an order. Scam artists often use the names of larger corporations, such as Amazon, to send emails offering a link to track an order that the consumer may not remember placing.
Grevious urges consumers to hover their computer mouse over the link, which will reveal a bar that states where it will actually take you, and even hover over the sender’s name to see the email address associated with that email. If it is a jumble of letters and numbers instead of, for example, Amazon.com, it is not legitimate. Also look at the browser — if there is a lock symbol and “https” listed there, it means it is a secure and authentic site.
“It is really important that people are vigilant all the time,” said Grevious. “Look for simple grammar and spelling mistakes. Big companies make sure everything is spelled correctly.”
Slowing down is also key to ensuring consumers don’t miss something important.
(Pixere.com)
“Think before you act,” Grevious said. “Our culture has a quick-go pace. We do a lot on our phones, so we don’t do that double-checking and hovering.”
Det. Andrew Tompkins of the Kent County Sherriff’s Office and member of the Metropolitan Fraud and Identity Theft Team agrees: “Good practice is that if you didn’t order anything or didn’t sign up for something, then it’s most likely a scam.”
Grevious also urges consumers to avoid emails that tell you to re-log into another account you may have, such as Facebook, and offer a link to do so in order to complete the instructions given. These are often ploys that will reveal your password to the sender.
“People may think it’s not important if their Facebook or Instagram account gets hacked,” said Grevious, “but a lot of people have a lot of similar passwords because it’s too hard to remember 200 different passwords to everything. Your Facebook password may offer a clue on how to get into more important accounts — like bank accounts.”
Preying on pet, gift card buyers
In 2021, one of the most common phishing scams involved buying pets online.
“People tried to buy pets online because of the pandemic,” Grevious said. “They pay for the pet through payment apps and then find out it’s a scam. The scammers will often use a random address on the website they create, so people assume it’s real. Then they show up at that address to get their animal and it’s not there.”
Buying pets online is also a place to be aware of possible cams. (Kent County District Court historic photo)
Grevious advises seeing the animal you are interested in purchasing in person beforehand, even if it involves traveling. “Legitimate businesses want to know you are a good fit for their animal. They want to see you in person.”
While email scams have become increasingly common, scams involving phone calls are still prevalent and used often in attempts to illicit money from victims.
Det. Tompkins said that one of the most common scams involves cold calls targeting people to send gift cards, claiming they are from various government agencies and that they have a warrant for the arrest of the consumer unless he/she pays to absolve the issue.
“Government agenc(ies) will never ask for gift cards to get you out of legal trouble,” Det. Tompkins said. “No legitimate business is going to ask for gift cards for services.”
Summer and winter have revealed an upward trend in scams as air conditioning and heat are turned on in homes.
“If you pay your electric bill online, and someone calls you saying they are from Consumers Energy and ask you to confirm personal information,” Grevious said, “say you will call them back and call the company from a number you know, like the number provided on the bill.”
Det. Tompkins had similar advice: “Do not give personal information or identifying information out. Don’t call the number that a person provides you over the phone, search the number for that business to call and confirm this is a real interaction.”
Some scams, however, play on the familiar. Det. Tompkins warns residents, especially the elderly, to be careful of scammers who call claiming to be family. “Scammers call elderly pretending to be their grandkids saying they were arrested and need to send money.”
When asked the standard amount lost by individual victims of scams, he said, “The typical amount of loss is under $1,000. But if the scammers target business or subject(s) that are wealthy, then the loss is in the several thousands.”
Grevious reminds consumers to remember that, “you are in control of your information and who you are talking to. Think before you act.”
Consumers are also urged to speak up if they become victims of a scam.
“The more people let us know what is happening, the more we can help,” said Grevious.
Keith Morgan was recently named the new CEO and president of the Wyoming Kentwood Area Chamber of Comerce. (Photo by Indie City Photography)
The next leader of the Wyoming-Kentwood Area Chamber of Commerce is a businessman whose experience ranges from corporate management to starting a small business from scratch.
Keith Morgan, 46, will replace outgoing president and CEO Bob O’Callaghan, who is retiring effective Feb. 1.
“Our CEO Search Committee looked at over 80 applicants and Keith was the unanimous choice,” O’Callaghan said. “His knowledge of our Chamber and many years of business experience make him a natural. I am proud to turn the reins over to Keith.”
Stepping into the role in the midst of a pandemic, when the definition of “normal” is ever-shifting, Morgan said his goal for the chamber is to get back to basics.
“When I say back to basics, I’m talking about building a better tomorrow. There are going to be some changes we’re going to live with for a while. But business and commerce are always going to be with us,” he said.
“As we move forward, how do we get back to the basics so we can begin to continue to create change on our own terms? The terms we’ve been given have been dealt to us at this point. Now, how do we begin to take the reins back and effect change?”
Morgan, an Indianapolis native, started volunteering for the Chamber about 10 years ago.
He originally came to West Michigan for a management position with AT&T. He got excellent training and experience running a sales division for AT&T, he said, but he got transferred around a lot, from Kentwood to Lansing to Wyoming. When AT&T wanted to transfer him yet again, he took the plunge and started his own janitorial business, All Clean Again.
“I always had ambitions to start a business and actually build something,” Morgan said.
Over several years, he grew the business from “cleaning the toilets myself” to employing a staff of about 20.
He had already started toying with the idea of selling his business when, as chair of the chamber board, he learned of O’Callaghan’s retirement plans. While actively involved in the search for a new president and CEO, the idea kept popping into his head that maybe he could take on the leadership role himself.
After talking with the chamber’s executive board members and local business leaders, and getting confirmation that they thought it would be a good idea, he made the difficult decision to sell his successful business and go in a new direction.
Keith Morgan officially takes the helm of the Wyoming Kentwood Area Chamber of Commerce on Feb. 1. He will be overseeing the annual meeting on Jan. 28 where former Chamber President and CEO Bob O’Callghan will be honored. (Photo by Indie City Photography)
“I came up with this philosophy a few years ago: I’m not going to continue to let life happen to me, I’m going to make life happen,” he said. “Being an entrepreneur, I got comfortable with risk. I was able to have enough success off the risks I had taken that I was a lot more comfortable with making that decision.”
With his corporate background, a master’s degree in business, and his experience being a small business owner, he thinks he can help chamber members with practical advice to help them be successful.
He also made a lot of connections in the area while owning his business, something crucial to his role at the Chamber of connecting businesses to other businesses.
Morgan will lead the Chamber’s annual meeting and awards dinner on Jan. 28, when O’Callaghan will be honored for his years of service.
“One of the things I am thankful for is that the current CEO and president has navigated the organization to where we are today. We have a good solid foundation,” Morgan said.
One of the fundamental financial concepts, the time value of money (TVM), says that the current value of a sum of money is worth more than the future value of that same amount. The principle of TVM comes from implicit costs, known as “opportunity costs.” It would be best if you evaluated when deciding whether it’s better to receive money now or take payments in the future. One way to think about opportunity costs is that they represent the value of what you stand to lose or possibly miss out on when you choose one possibility over another.
For example, a favorite uncle left you $100,000 in his will with the option to either take the whole sum now or get the money in equal payments over three years and receive an additional $500.00 for doing so.
For most of us, the instinctive choice is to take all the money right now and not wait three years to put it to use. By taking that money immediately, you can put it into an account that offers you continuous compounding interest that is likely to equal or exceed the $500.00 bonus you get for waiting. You could invest in an appreciating asset such as real estate or a cash-flowing business when you get the money right away. You might purchase stock with the potential to gain value or lock-in value with an annuity or life insurance policy. Because it provides immediate purchasing power, most people consider a present-day sum of money more valuable than a future sum.
Understanding the theory of the time value of money can help you avoid making costly mistakes with your money. You may one day face the decision to take a lump sum of money immediately or wait until later. Fortunately, there is an easy formula for the time value of money that takes the guesswork out of the decision. In this formula, the following variables are accounted for:
FV= Future value of money
PV= Present value of money
i=interest rate
n= number of compounding periods per year
t= number of years
Using the TVM formula, we can determine whether it would be wiser to accept the $100,000 from your uncle as a lump sum or in equal annual payments over three years along with the additional $500.
We have established that by not taking the lump sum, you stand to gain an additional $500. The question is, how much money could you earn over the three years if you were to receive the $100,000 and invest it today? Let’s say you take your $100,000 and invest it in a fund with an average annual rate of return of 6%. You want to know how much your investment will grow by the 3rd year. To figure this out, input the variables, and you will be left with the future value of your investment for a particular year.
119,101.60=100,000 x (1+.06)3
As you can see, after the 3rd year, your initial investment will have earned you an additional $19,101.60. Now that you know, taking the lump sum seems like a no-brainer.
If you are taking an active approach towards investing for retirement or other financial goals, do not be fooled by the allure of “free” money in return for splitting the sum into smaller payments. Carefully evaluate the pros and cons of each option while keeping in mind your own financial goals. Use the TVM formula, compare the potential gains and remember this; a dollar today is worth more than a dollar in the future.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management.
West Michigan has a thriving agricultural economy with miles of apples and other crops that often need to be picked by hand each fall. Thousands of migrant workers travel to Michigan each year to harvest these crops for local farmers and growers, filling approximately 100 migrant camps to capacity in Kent County.
With that influx of workers and nomad-style workforce, issues can and often do occur — not the least of which was dealing with the recent and ongoing COVID-19 pandemic.
Local non-profit Migrant Legal Aid has been an advocate for those workers, their health and their rights, for many years, and they continued to do so in 2021.
MLA defines a migrant worker as a person who lives and works at the same place and travels seasonally according to which crops are in season. Due to poverty, language barriers, and discrimination, seasonal workers often find it hard to protect their basic human rights and dignity. This is where Migrant Legal Aid say they step in.
Many migrant workers come from such severe poverty that when they are treated unfairly, most don’t speak up, Molly Spaak, attorney for MLA, said to WKTV. “Culturally, they say they can’t complain. They don’t realize they have a voice … There is also a definite fear of deportation if they come forward.”
Problems and solutions
Undocumented workers make up approximately 50 percent of the agricultural work force. Because of this, there is anxiety among the workers that deportation would occur if they come forward when treated unfairly. A way to eliminate this apprehension is found in case law.
Farm workers at a local growing location from fall 2021. (Migrant Legal Aid)
“MLA has good case law that protects undocumented folks from irrelevant immigration questions and retaliation in the workplace,” Spaak said. “This helps them feel more comfortable coming forward with their concerns.”
Young children have often been found in the fields with their parents, helping to harvest the crops so their parents meet the daily quota mandated by the growers.
“Child labor laws absolutely apply to migrant workers and their families,” said Spaak when asked if Michigan law extended to seasonal workers. “There are now migrant daycares and Head Start programs parents can utilize. These are free to the families. Because of this, there has been a drastic decrease of children in the fields.”
Migrant Legal Aid also provides help for those suffering from domestic violence.
“The Hispanic community is very patriarchal,” said Spaak. “Because of this, DV (domestic violence) cases are always popular.”
MLA offers special visas for victims who come forward. These visas help in many ways, providing social security numbers to the victims so they have the opportunity for steady work among them.
“This gives women and men more justification and incentive to come forward,” Spaak said.
Communication, community awareness
Educating the migrant workers on their rights and the services Migrant Legal Aid offers is a daunting yet necessary task. MLA produces many social media campaigns, newsletters to the community, and press releases to the media in an effort to raise awareness.
However, there are still challenges.
Farm workers at a local growing location from fall 2021. (Migrant Legal Aid)
“Social media helps build community awareness, but not our clients’ awareness because our clients don’t always have access to social media like the general population,” said Spaak.
To develop this knowledge, MLA sends migrant advocates into camps two to three times a week during the summer and fall to pass out Migrant Legal Aid information and speak with the workers personally.
Over the past year, advocates also handed out information on COVID-19.
“Migrant housing is jam-packed with people with one kitchen and one shower—it’s impossible to social distance,” said Spaak. “New COVID-19 regulations are not always followed, and the migrant camps were a hot bed for Coronavirus. Even when the vaccines rolled out, myths about the vaccine stopped a lot of people from getting it because they were worried about what it might do to them. We had to dispel those myths.”
Though MLA does have cases of mistreatment that require court appearances, Spaak said that many issues “can be resolved extremely quickly by speaking with the growers. A lot if it is communication and language issues with the workers.”
Migrant Legal Aid works hard to educate the community about migrant workers’ needs and situations but still needs help from the public. Being a self-funded organization, MLA relies on grants, private party donations, and fundraisers to subsidize their work. Two of their largest fundraisers are annual events — Cup of Justice, a golf outing in the spring, and Harvest of Justice, a luncheon in the fall.
While seeing so many cases of injustice against migrant workers is emotionally hard on the MLA attorneys and advocates, personal migrant success stories give them hope.
“Rene Rodriguez was a migrant worker from several years ago. His parents emigrated to the United States and were a farm worker family,” said Spaak.
Rodriguez went to school, worked hard, and became a professional website designer and marketing designer.
“We (MLA) bought several photographs from him that are now hanging in this office,” Spaak said of Rodriguez. “Rene also helps us with marketing, brochures, and photos.”
To find out more about Migrant Legal Aid and how you can help MLA protect migrant workers’ legal rights, visit here.
Farm workers at a local growing location from fall 2021. (Migrant Legal Aid)
“Smart planning should include some of your important retirement accounts are guaranteed.” Dave Stanley
When planning retirement, do you depend on projections based on future conditions, or do you plan your retirement based on guarantees? The answer may surprise you; both can be the correct answer. It all depends on your situation and what “time” period you are focusing on retirement.
Photo with pxhere.com
Let’s start with a projection or estimate of future value planning. If you base your future retirement income solely on US (or foreign) stocks, the volatility factor must be included. How will your chosen stocks perform over some time, and how easily can they convert to a retirement account to fund your desired income level? S0 much about a stock’s performance can depend on outside influences such as the overall world economy, the valuation of the dollar, inflation or deflation, and a third parties (analysis) view of your stock’s profit results. A group of top stock strategists can predict anything from a single-digit loss to a double-digit gain.
How do you plan for your future retirement income?
Whom do you trust?
How do you estimate future market values?
Experimenting with discretionary funds is one thing, but significant retirement funds could be a poor choice. Once again, it all depends on your situation.
Many people lose sight of the actual goal of retirement planning, which in its most basic form is to make your retirement income lasts as long as we do. This seems like a relatively straightforward objective, so why do so many people start with a retirement income strategy that leaves so much to chance? Let’s consider the choices again by category; one is an estimate, and the other is a guarantee. Depending on your asset values and your desired lifestyle, there can be room for both types of planning. The key is that essential expenses must be covered first and fully funded by lifetime income sources.
You’ll enjoy some significant advantages if your lifetime sources of income are sufficient to fund essential lifestyle expenses. The question and problem are the same: How do you do it? First on the list is to avoid market volatility risk and accept a reasonable rate of return.
New studies show if given a choice, most people would choose safe, secure income over yields. When the funds have to be there, and the income is essential, safety becomes the first decision. Having this sort of income planning eliminates the possibility of outliving your source of income, or what is called longevity risk. Knowing that your necessary expenses are covered with a guaranteed source of income is a great comfort and sense of freedom to enjoy your retirement years, no matter how long you live.
Given all the uncertainties, the unpredictable outcomes, and the unending list of “what-ifs” facing investors, it’s no surprise that drawing an accurate road map to where financial markets are headed is no easy task. Even for the Wall Street players who admit there are too many variables that are beyond our capabilities to absorb and forecast. That is precisely why it’s a top priority for those retired or about to retire to understand the risk they face without having put into place a guaranteed retirement income solution to alleviate the risk of running out of money.
Let’s take a look at the state of America’s retirement system. A generation ago, pension plans were offered to more than four out of five private-sector workers—today, it’s fewer than one in three. An employee has mainly replaced pensions paid plans like 401(k)s, 403(b)s, or 457s. Expenses built into many of these plans make it difficult to earn the needed money to fund basic retirement needs. The shortcomings of this approach are evident in its lack of guarantees—an essential factor when you consider the current historical level of market volatility. Plus, new insight into how fees are charged and the actual cost of owning these plans have come under regulatory scrutiny.
Thankfully, solutions exist that can potentially increase your income and generate a lifetime pension payout to both spouses with the benefits of protection and guarantees.
We use the only financial instrument to provide a guaranteed income that you cannot outlive and maintain control of your money with upside potential and no downside risk. How can this be accomplished?
Naturally, by handing the risk of managing your significant retirement funds to a risk bearer. An insurance company is a risk bearer.
Since the Presbyterian Church first invented annuities nearly 300 years ago, annuities have been the cornerstone of millions of retirees’ significant retirement income. With the evolution of new and dynamic products, a guaranteed income with annual crediting in the 4-7% range is fully available.
Removing risk from retirement planning by allowing an insurance company to manage your retirement accounts can provide you with a stress-free and secure future.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management
While launching a new restaurant in the middle of a worldwide pandemic may seem daunting, in West Michigan and really anywhere, Condado Tacos location on Bridge Street in Grand Rapids proved it could be done, and done in an artful way.
Like its menu, which they say is “adaptable to every diet,” Condado Tacos just had to be adaptable to Grand Rapids ever-shifting pandemic landscape — and health regulations. But Condado Tacos opening in February of 2021, during one of the pandemic’s surges, did present unique challenges for staff as they worked to get boots on the ground in West Michigan.
Tina Femeyer, general manager of the Condado Tacos Grand Rapids location, looked back on the restaurant’s first year and told WKTV that she was originally supposed to begin work the week of the Michigan statewide shut down in early 2020.
Tina Femeyer, local general manager of Condado Tacos. (WKTV/D.A. Reed)
“Everything got pushed back 6 to 8 weeks,” Femeyer said. “I ended up training in the Royal Oak location for four months, but they were only doing carry-out. I had to completely re-train for dine-in once things opened back up.”
Founded in 2014, Condado Tacos currently has 20 locations in Ohio, Indiana, Pennsylvania and Michigan. But they were committed to Grand Rapids.
“We were not certain if we were going to open at that time,” Karen Reed, Director of Off Premise Sales, said to WKTV. “There were some slight delays on parts (supply chain issues) and acquiring and confirming our liquor license were the two most challenging issues. Also, making certain we were in the position to combat and prevent COVID from spreading in the restaurant on a regular basis…It was a matter of doing whatever it would take, with a great commitment from our staff.”
And getting that staff together was high on the priority list.
Femeyer eventually moved to Grand Rapids in November of 2020 and began conducting in-person interviews.
One of the initial hires at Candado Tacos, Kentwood bartender Dan Voetberg, behind the bar. (Supplied)
“We knew we were opening at only fifty percent capacity but planned to hire full staff,” said Femeyer.
Conducting interviews while masked and socially distanced was a new experience for the general manager, but Femeyer said the process went smoothly.
Advance marketing and the use of the Indeed employment website for recruiting helped potential employees be aware of Condado Tacos and their entrance into the market.
“It appeared we had a bit of a following even prior to opening,” said Reed.
Condado Tacos art. (WKTV/D.A. Reed)
Condado Tacos art. (WKTV/D.A. Reed)
Condado Tacos art. (WKTV/D.A. Reed)
Condado Tacos art. (WKTV/D.A. Reed)
Condado Tacos art. (WKTV/D.A. Reed)
The art of tacos, and a taco restaurant
As Condado Tacos planned its opening, also in the plans was showcasing local artists.
When asked what prompted the decision to make art a main feature of Condado, Femeyer said that it was always a vision of original founder Joe Kahn, and other executives of the corporation, to ensure art was a key component of each Condado store.
“The art ties back to the local community, creating a unique space that speaks to what the city is about while being consistent with menu and service,” said Femeyer. “Art is the backbone of what they (corporate) wanted to make each space.”
Femeyer also revealed that the art is the most time-sensitive part of the construction process, often beginning before heat, air conditioning, or plumbing are completed.
“They (the artists) truly are a part of the construction team,” Femeyer said. “They work all hours of the day and night after drywall is in place.”
While each store features artwork distinctive to the city’s artists, diners can also look for a variation of a gnome and ghost chilies at each location, creating a link of unity between each store.
Condado Tacos on Bridge Street in Grand Rapids. (WKTV/D.A. Reed)
Condado Tacos is now at full capacity, though they do offer a patio with heaters for comfort, and also heaters stationed near the entrance to the restaurant in case people would like to enjoy a cocktail or wait for a table in a less populated space.
Condado’s success in Grand Rapids comes down to two things, Femeyer said.
“Great staff. They have all been unbelievably gracious and understanding that many things were out of our (management’s) control during opening. They were very adaptable.” Femeyer said. “I think the space really speaks to how people want to dine. They want a more light-hearted, ‘come as you are’ feel, which Condado Taco speaks to. It speaks to people of all walks of life.”
But Reed added that it doesn’t end there. “Our goal each shift and every day at our Grand Rapids Condado Tacos and all of our locations, is to be very consistent in our execution along with a focus on continual improvement daily.”
Grand Rapids will not be the last Michigan location for Condado Tacos. With three locations already open in the Detroit area at the time of the Bridge Street launch, Femeyer says Condado intends to continue expanding in Michigan, with plans already in place to open a store in Ann Arbor in early 2022.
Now two years into a three-year strategic plan and The Right Place, Inc is on track to exceed all of its goals.
This month, the regional nonprofit dedicated to economic prosperity in West Michigan, hosted its 25th annual Economic Outlook which showed that The Right Place was doing well on meeting its targets for the three-year period from 2020-2022.
For 2021, the organization reports that its work has resulted in 1,541 new and retained jobs, $84 million in new and retained payroll, and $286 million new capital investment.
The Right Place President and CEO Randy Thelen said that due to COVID-19 and its impact on the economy in 2020, the organization was behind the curve in terms of its objects of new and retained jobs, new and retained payroll, and new capital investment. Because of bold decisions made by the business community in 2021, The Right Place is now ahead of its three-year statistic plan.
Over the past two years, the organization has achieved 2,494 new and retained jobs, which is 74 percent of its goal of 3,400 in the three year period. For new and retained payroll, it has achieved $127 million which is 69 percent of its three-year goal of $184 million. For new capital investment, The Right Place, Inc. has achieved $286 million completing 79 percent of its three-year goal of $500 million.
The bigger question for many is what to expect in 2022. The Right Place meet with 422 companies and from those conversations, learned the local business community is confident in the region’s future. The overwhelming majority believe the region is competitive (94 percent) and more than half are planning to expand in the near future (63 percent). The positive outlook comes despite the labor shortage and ongoing pandemic with many making investments into training (52 percent).
It should be noted that pre-pandemic unemployment rate in the U.S. was the lowest since 1969. In fact, the unemployment rate today is lower than it was in any month between March 1970 and February 1999 and for any month between March 2001 and August 2017.
According to The Right Place officials, where the economy is falling short is the number of jobs and the number of people in the labor force. In the U.S., there are 2.6 percent fewer jobs today than there were in February 2020 and in Michigan there are 5.1 percent fewer jobs than in February 2020. The unemployment rate would be much higher except for the fact that many of the formerly employed workers have dropped out of the labor force, which is down by 1.5 percent in the U.S. and 3.4 percent in Michigan since February 2020.
The imbalance between demand, which is higher than before the pandemic, and supply, especially labor supply, which is lower than it was before the pandemic is generating increases in prices. Consumer prices in the U.S. were 6.2 percent hight in October then a year earlier and prices in Michigan, measured by the Detroit CPI, are 5.5 percent higher than a year ago. The real disposable personal income per capita in the U.S. in October was 1.7 percent higher than it was before the pandemic in February 2020 and the average new wroth of American households, adjusted for inflation, increased 17.5 percent from the fourth quarter of 2019 to the second quarter of 2021.
To check out the full strategic plan from The Right Place, click here.
“One thing you can always count on, death and taxes.” Dave Stanley
When you own a home, you are liable for the property taxes assessed on your property. The taxes collected on your property pay your share of the cost of local schools, government, and several other local and other programs. The biggest mistake many homeowners make is overpaying these taxes. You have rights and have the opportunity only to pay your fair share of the taxes assessed. You have options available to you to make sure the assessment on your home is fair. However, you do not have to overpay to be honoring your civic duty by paying taxes. There are several things that can be done to lower your taxes and help keep the cost of owning a home down.
Fair Assessment:
Photo from pxhere.com
The most important thing is a fair and accurate assessment of the value of your home. Each year (or every 3 years), the county tax assessor will evaluate the value of your home and any new improvements made to it. The tax assessor will also take into consideration the “fair market value” of any homes sold (also known as comparables) in your area and the replacement cost of your home. Once the tax assessor determines your property value, the liability can be established. Schools, municipal areas, county, and special tax districts determine your actual taxes. The assessments from the taxing districts cannot be contested. The tax assessor has leeway and discretion in evaluating each piece of property. The evaluation should be fair, and you have the right to complain and argue with this valuation. If you can successfully argue a lower valuation, your tax liability will be lower.
The easiest way to lower the evaluation is to discuss with the person who determines your home value Information you can provide regarding similar home valuations in your area will all help you make your point of the argument. Most tax assessors will allow you to discuss the evaluation of your home and generally will negotiate these values when a factual statement is made.
Tax Exemptions:
Many states allow for the filing of a Homestead Exemption Act to lower the value of your home. This filing protects the allowable state limit of the Homestead Act and will reduce the value of your home by that amount. The reduction in the value of your home will lower the tax overall tax liability of your property taxes.
Many counties in this country allow for a senior citizen’s tax exemption. This exemption is based on the overall income of the occupant of the home. Each state or county will have its own rules and exemptions, so your local county tax assessor should be contacted.
Mortgage Insurance:
Many FHA-guaranteed loans require an insurance payment based on the age of the loan and the value of the loan. Often the amount charged is too high and can be reduced at certain periods; this insurance is no longer needed, and it can be removed. Contact your local mortgage service company for specific details.
The most important thing to remember is that you have rights, and you can argue for those rights. Most homeowners who ask for a re-assessment of their home value will receive a benefit adjustment.
Always pay your fair share which means never pay more than you owe, may sure your tax liability is accurate.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management
Booklovers, and those with lovers of books on their last-minute shopping list, are in for a treat as several new releases from well-known authors, as well as debut writers, are available just in time for the holidays.
And how better to get that last gift than by buying local, or making a holiday roadtrip out of it?
“There are a ton of really solid, interesting books by well-known authors, as well as those who haven’t written before,” said Tim Smith, Operations Manager for Schuler Books.
Schuler Books on 28th Avenue is a big bookstore with a small bookstore feel. (WKTV/D.A. Reed)
Founded in 1982 by Bill and Cecile Fehsenfeld, Schuler Books includes locations in both Grand Rapids and Okemos. The Grand Rapids location on 28th Street “offers a wide array of new and used books for adults and children, an extensive selection of book-themed gifts, and a café where shoppers can enjoy coffee and a bite to eat,” they say. And a “friendly, helpful staff contribute to the welcoming feel shoppers experience.”
And if you’re really into last minute Christmas shopping, Schuler Books invites all ages to come and enjoy the live reindeer that will be outside the store Christmas Eve.
Adding to the inviting atmosphere is the knowledge that the staff at Schuler Books have personally hand-picked each book lining the shelves.
“We have a team of buyers that meet with publishing reps (representatives),” Smith said, “and over time have curated our stock. There are core items, of course, but also items specific to each store and its location.”
Changes in readers’ tastes
Schuler’s Smith also mentioned a shift in what buyers are looking for in reading material.
“Over the past couple of years, but especially this year, it has been different because people are looking for books connected to particular current events that people are trying to understand,” said Smith. “People see the world is changing, that there are large changes happening, and people are looking to books to understand these things.”
Popular titles at Schuler Books this holiday season substantiate Smith’s observation, with several books addressing current topics prevalent in society today:
“Change Sings: A Children’s Anthem” by Amanda Gorman. (WKTV/D.A. Reed)
“How the Word Is Passed: A Reckoning with the History of Slavery Across America” by Clint Smith speaks to racial understanding.
“Firekeeper’s Daughter” by Michigan author Angeline Boulley concentrates on the indigenous community.
“Change Sings: A Children’s Anthem” by Amanda Gorman incorporates a call to action for people of all ages to use their abilities to make a difference.
Other popular titles offer inspiration, humor, and a connection with nature:
“Taste: My Life Through Food” by Stanley Tucci; “The Impossible Mile: The Power in Living Life One Step at a Time” by Johnny Agar; “All Creation Waits: The Advent Mystery of New Beginnings” by Gayle Boss; “Where the Deer and the Antelope Play” by Nick Offerman; “A Carnival of Snackery” by David Sedaris; “Get Untamed” by Glennon Doyle, a companion journal to Doyle’s 2020 release, “Untamed”; “The Sentence” by Louise Erdrich.
Maybe make a day-trip shopping
If you like to do a little strolling around a small-town downtown with plenty of shopping, epilogue books, founded in July 2018 by Pat and Valerie Burkholder, is celebrating their fourth holiday season in Rockford.
Some of the staff picks at epilogue books in Rockford. (WKTV/D.A. Reed)
Tucked into a strip of stores just off East Bridge Street, epilogue books features a comprehensive selection of new books for readers of all ages, including several by Michigan authors.
“We try to support local Michigan authors and artists,” said Cindy Coats, bookseller at epilogue books.
Coats also said that the staff at epilogue books hand-picks each book that is placed on the shelves.
“We look at what books are projected to be top-sellers,” said Coats said, “as well as what people are asking for.”
And the staff also looks at trends: “People come in asking for books that are being made into movies, like ‘Dune’ (Frank Herbert) and ‘Nine Perfect Strangers’ (Liane Moriarty),” said Coats.
Biographies and autobiographies have also proven to be a rising trend.
“People have been out of work, or not in their normal realm of work, for a year and a half and used that time to write their stories,” Coats said. “(Readers) like hearing where people came from, and especially about overcoming adversity.”
Several new releases on epilogue’s shelves cater to this topic, including “Will” by Will Smith, and “The Storyteller: Tales of Life and Music” by Dave Grohl.
Pick one; all are worth reading. (WKTV/D.A. Reed)
“Atlas of the Heart” by Brené Brown, a self-help book that focuses on how to develop meaningful connections with the people in our lives, is another popular title this holiday season.
Cookbooks are also a top seller this year. “Lots of celebrities are now writing cookbooks,” said Coats. “Pop culture is really interjecting into food.”
The bookseller pointed to “An Unapologetic Cookbook,” written by TikTok sensation Joshua Weissman. “We can’t keep these on the shelf,” Coats said with a laugh.
Other popular titles offered by epilogue books include: “Go Tell the Bees That I am Gone” (Outlander Series, Book 9) by Diana Gabaldon; “The Silent Patient” by Alex Michaelides; “The Seven Husbands of Evelyn Hugo” by Taylor Jenkins Reid; “Cat Kid Comic Club: Perspectives” by Dav Pilkey.
A new reproduction of “Harry Potter and the Chamber of Secrets” by J.K. Rowling is also dazzling shoppers with its full color illustrations and eight interactive paper craft elements.
“They are stunning,” said Coats, touching the cover as she passed by.
And say ‘“Hi” to Tommy
epilogue books’ Tommy the Bookstore Dog. (WKTV/D.A. Reed)
Visitors to epilogue books will most likely be welcomed by the store’s most popular member, Tommy the Bookstore Dog, a mild-mannered golden retriever who loves to interact with customers.
“People come in just to see Tommy,” said Coats. “One woman drove all the way from Lansing after seeing him on a TikTok video, just to meet him.”
And after the holidays, an upcoming event that booklovers will want to mark on their calendars is a book signing with ABC’s chief meteorologist, Ginger Zee, featuring her upcoming release, “A Little Closer to Home.” A Rockford native, Zee will be at epilogue books Jan. 15 to meet fans and sign books.
“Those planning their retirements should consider what, if any, Social Security benefits could be available if you are the spouse, child, or parent of a worker who dies.” Dave Stanley
Many people planning for when they no longer work forget to include potential Social Security Survivors Benefits.
Photo from pxhere.com
In 2021, workers can earn up to four credits per year, one credit for each $1,470 in wages or self-employment income. If a worker has hit $5,880 in wages, they have earned their maximum four credits the year.
How do those credits work?
Depending on a workers’ age at the time of death, the number of credits necessary to provide survivors’ benefits varies. The younger a decedent is, the fewer credits are needed for family members to get survivors’ benefits.
When a worker dies, benefits may be disbursed to their children and the surviving spouse still caring for the children, even if that worker doesn’t have enough credits. These survivors can receive benefits as long as the worker has credit for at least one and one-half years of work, or six total credits, in the three years preceding their death. If there is no surviving spouse, payments typically go to a child eligible for benefits on the deceased worker’s record. However, you will want to talk to a Social Security expert or claims representative about your options because of everyone’s unique situations.
Who can get monthly survivor benefits?
Typically, these family members are eligible to receive monthly benefits when you pass away.
Your widow or widower who is at least age 60. Or a disabled widow or widower aged 50 or older.
In certain strict circumstances, your surviving former spouse may be eligible.
Your widow or widower of any age who is caring for your child younger than age 16. Or if disabled and receiving a child’s benefits.
An unmarried child aged 18 or 19 and a full-time student in elementary or secondary school.
A child 18 or older with a disability that began before they turned 22 may qualify.
What do you do when a family member passes away?
As of 2021, you still cannot report that death or apply for survivors’ benefits online. That’s why you need to contact Social Security and your financial advisor as soon as possible. The funeral director will often report the death to Social Security if you have provided them with the deceased’s Social Security number.
There may be instances when you want or need to speak to a Social Security representative directly. In that instance, you can call the SSA at 1-800-772-1213 during regular business hours.
What are some other considerations and caveats?
Suppose you don’t have a surviving spouse. A one-time, lump-sum death benefit of $255 might be paid to your surviving spouse if they were living with the deceased. If you were living apart, the spouse still might qualify if they received certain types of Social Security benefits on your record. In that case, the death benefit goes to any child eligible for benefits on your record in the month of death.
Suppose you were already getting benefits when you died. In that case, your survivors must return the benefits you may have received for the month of death or any later months. For example, if you passed away in September, you must return all benefits paid in October. Be sure your loved ones know they should not cash any checks received for the month in which you died or later.
Summing it up: These are just some of the many rules, regulations, deadlines, and other nuances regarding Social Security survivor benefits. That’s why it makes sense to sit with a qualified Social Security expert so that you have a basic game plan in place when you or your spouse passes away. Planning will give you and your loved ones greater peace of mind when you are no longer there to help them.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management.
As the holiday shopping continues, local West Michigan businesses find acquiring merchandise for shoppers more challenging than usual due to far-reaching economic effects of the COVID-19 pandemic.
Meyer Music is no stranger to these struggles. A third-generation family-owned music supply and repair store, owners Joel Hoekstra and his wife Lindy have felt the long-lasting effects of the pandemic in several ways over the last 18 months.
Meyer Music, a third-generation family owned business in Kentwood, is no stranger to supply chain struggles.
When COVID-19 first appeared in the United States, the main concern for the Hoekstras was the safety of local students. “Much of what we do is dependent upon people blowing air,” Joel Hoekstra said. “We had to question—can playing an instrument be safe for students?”
Specially made masks with slits for instrument mouthpieces and bell covers for wind instruments were just some of the solutions Meyer Music implemented.
However, as months passed with no end to the pandemic, the Hoekstra family, like many other retailers, began to face merchandise supply issues.
“We haven’t had as many issues as some retailers,” Hoekstra said. “Due to the nature of our business, we always have to plan far ahead. When we realized there were issues with the supply chain, we began ordering even further in advance.”
Getting shipments from warehouses in the United States is pretty quick, Hoekstra said, but supplies from Asia take much longer, with shipments remaining on the water for up to 90 days before making it to land. Inflation has prices surging for everyone, causing suppliers to prioritize higher priced items for shipping and often leaving smaller goods behind because they are too expensive to ship to the U.S. Hoekstra acknowledged that once the U.S. warehouses are depleted, finding supplies will become more challenging.
“This puts a different strain on the system than we’ve ever seen before,” he said. “There are unprecedented amounts of instruments and products on backorder.”
Educators have been understanding, Hoekstra said, adding “We have good relationships with teachers and are always truthful with them.”
Meyer Music customer Matthew Reed, who is the band director for Central Montcalm Public Schools, certainly understands.
“Supply chain issues have impacted purchases and instrument supplies,” Reed said. “I’ve ordered new instruments and can’t even get an estimated arrival, and had to be flexible on how quickly smaller items are available. Flexibility and patience are definitely required at the moment. Along with ordering early.”
Hoekstra believes the supply chain issue is still 18 months from any form of resolution. To counteract it, Hoekstra said he plans to continue his aggressive approach to staying ahead of the supply issues, placing big orders for store merchandise now instead of his usual timeline of January-March.
Not allowed to be open during the pandemic shutdown, West Michigan Bike & Fitness’s first day of business had other out-of-state shops calling to see what inventory the store had.
During the pandemic, the federal government considered bike shops essential because bikes are viewed as a mode of transportation. However, “Michigan is the only state in the nation where bike shops were not deemed essential,” said West Michigan Bike & Fitness sales manager Geoff Kuyper. “April 25, 2020 was the first day bike shops were allowed to open in Michigan after a seven-week closure. Any store with available inventory was sold out within two weeks.”
In fact, that first day, approximately 50 percent of the calls West Michigan Bike & Fitness received were from out-of-state retailers, who were able to stay open, looking for inventory because they had depleted resources.
“Not only was the significant demand causing delays on parts and productions, there was a shutdown overseas at the beginning of the pandemic where they didn’t ship,” said Geoff Kuyper, West Michigan Bike & Fitness sales manager. “Stores ran out of inventory at that time.”
Like Hoekstra, Kuyper said he doesn’t see the supply issue stabilizing until fall of 2023. “Most stores only have one model (of bike) to show. Some models are backordered 12 to 18 months, some are backordered until 2024,” he said.
Taking a page from car dealerships that recommend pre-ordering, Kuyper said pre-ordering is the only way to get something specific, but consumers have to be willing to wait. If a person needs something more quickly, then Kuyper suggested not looking for a specific model, but simply asking stores what they have on hand or what models stores can obtain on a faster timeline.
Though the supply chain issue is ongoing, both Kuyper and Hoekstra are staying positive.
“It’s better than it was,” said Kuyper. “The last two months have improved our position dramatically.”
While for Hoestra it is a matter of unity and support: “We are in this together. Local businesses are doing everything we can to support our local communities.”
The Wyoming-Kentwood Area Chamber of Commerce’s 15th Annual Santa Parade will return on Saturday, Dec. 11, starting at 10 a.m., with the parade route running down South Division Avenue from 33rd Street to just before 44th Street.
Expected to be in the parade are more than 50 entrants, including five school bands, and — of course — Santa.
Santa riding into town at the 2019 Wyoming-Kentwood Area Chamber of Commerce Santa Parade. (WKTV)
WKTV will also be on-hand as well to record the festivities, with cable television re-broadcasts scheduled for the night of the parade, Dec. 11, at 7 p.m., and again Sunday, Dec. 12, at 10:30 p.m. WKTV’s coverage of the parade will also be available on-demand later.
Sponsors of the parade include Consumers Energy, Wyoming Moose Lodge, Car City, City of Wyoming, Diversified Protection and Investigations, The Chiropractic Doctor, Godwin Plumbing, Hobart Sales, HOM Flats, Lake Michigan Credit Union, Marge’s Donut Den, Rivertown Community Federal Credit Union, Steelcase, Supermercado Mexico, The Rapid and VanDyk Mortgage.
WKTV featured community events appear on cable television in Wyoming and Kentwood on Comcast Channel 25 and AT&T Channel 99 Community Channel. See the programming schedule at wktv.org. Community events covered by WKTV’s video coverage team are available on-demand within a week at wktvlive.com.
“Numerous options exist for a safe place to keep your money; the secret is finding the best return without any exposure to risk.” Dave Stanley
Insulating your money against inflation, theft or catastrophe is as simple as taking it out from underneath your mattress and opening a savings account. The three most common are transactional savings accounts, money market accounts, and certificates of deposit. Two alternative accounts are high yield savings and specialty savings accounts. They all operate under the same premise: money given to the bank will earn interest.
Photo from pxhere.com
Traditional Transactional Savings Accounts
The simplest way to store money with a financial institution is to open a traditional savings account with a small minimum deposit. If the minimum is maintained, the account holder usually avoids fees. Shop around and compare factors like initial deposit and balance requirements, interest rates, and other fees. While being highly liquid makes it easy to withdraw cash and move funds between accounts, they typically have the lowest interest rates. Accounts are federally insured through the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Association (NCUA), protecting your savings from bank failures.
High Yield Savings Account
High yield savings accounts offer interest rates usually 20 to 25 times higher than the national average for transactional savings accounts. While potentially available at your local bank, the highest interest rates are typically offered by online banks. Electronic transfers between institutions are speedy and straightforward, making it easy to move your funds if needed. FDIC or NCUA also insures them. Keep in mind that banks offering high yield savings accounts do not typically provide checking accounts and other services like ATM cards.
Specialty Savings Account
Specialty savings accounts are specific to a particular savings goal. These include accounts you can open for children like savings accounts, student accounts, or 529 college savings accounts. Also included are home down payment savings accounts, health savings accounts, and traditional or Roth IRA’s. These accounts generate interest and have either low or no maintenance costs. Be aware of strict and potentially costly regulations related to early withdrawal of funds. There are also specifics concerning who can open what type of account.
Money Market Account
Money market accounts typically offer higher interest rates than traditional savings accounts, .02% higher on average. This type of account is special in that you can write checks and use a debit card, like a checking account. However, there are limits to the amount of money and the number of withdrawals allowed. It’s also not uncommon for higher minimum balance requirements and fees associated with money market accounts.
Certificate of Deposit (CD) FDIC Insured
A certificate of deposit, or CD, is an account with a fixed interest rate, term length, and maturity date. The fixed date means funds cannot be accessed early without penalty. These accounts typically pay higher rates than traditional savings accounts and are less liquid. The risk is very low, and the return is guaranteed, making it a safe place to store funds that you plan to use in the future.
Each of these accounts can help achieve your savings goals. Evaluate the pros and cons of each depending on your goals and financial situation. Be sure to explore various institutions for the best rates possible, and as always, consult a trusted financial advisor regarding any questions you may have.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management
Pierre Camy holds a copy of ‘The City in the Forest,’ a history of Lansing. The book had just been printed on the Espresso Book Machine at Schuler Books & Music, 2660 28th St. SE.
If you only visit Schuler Books & Music on the weekends, you might wonder about the contraption near the back of the store that looks like a copy machine on steroids.
Visit on a weekday, though, and you’re likely to catch the Espresso Book Machine in action, busily printing, binding and trimming one of the 3,000 books it produces each year.
The Espresso Book Machine can print copies of millions of old books that are out of print, and also lets authors self-publish their novels, family histories or recipe collections, according to Pierre Camy, who runs the machine at the bookstore.
When it was installed there in 2009, it was one of only 20 Espresso Book Machines in the world.
Twelve years later, the machines are still pretty rare. According to the Espresso Book Machine website, there are about 80 of them around the world, mostly at bookstores, universities and libraries. A new machine costs about $125,000, Camy said.
Authors self-publishing their works make up the majority of Camy’s customers. But more and more, the machine is being used to print copies of titles available through Google Books, a service of Google that offers millions of scanned books online.
Several universities, including the University of Michigan and Harvard University, have had their entire library collections scanned by Google Books, and so have many libraries around the world. Shoppers can search for out-of-print books to be printed on the machine at ondemandbooks.com.
As long as the book is in the public domain – meaning it is no longer under copyright – it can be printed on the machine. Most books printed before the mid-1930s are now in the public domain unless the copyright was renewed, Camy said.
“’The Great Gatsby’ is now in the public domain,” he said. “We print books from the 17th Century, the 18th Century – anything, really.”
Every now and then, Camy said, he’ll get a run of orders for a really obscure book.
He recently got several requests for ‘Camp Fires and Camp Cooking; or, Culinary Hints for the Soldier,’ an 1862 book by James M. Sanderson with recipes and cooking tips for Civil War soldiers. The book is likely being purchased by Civil War re-enactors, Camy said.
With orders coming in both from local authors and buyers around the United States, the machine is running nearly all the time on weekdays now. But that wasn’t always the case.
“The first couple years were pretty slow, but then it took off,” Camy said.
There are lots of books already in the machine’s queue as the holidays draw near, he said, but authors who want to self-publish a book before Christmas can still get it in time if the files are set up according to the required specifications. Help is available for authors who need guidance about how to create the files.
“If files are print ready, we can make it happen,” he said.
The Schuler Books & Music website has guides for the Espresso Book Machine the include different types of publishing and pricing for various packages.
“Don’t let your financial advisor put you in a ‘box.’ You need to have your plan customized for your specific situation.” Dave Stanley
Social science researchers and best-selling authors Neil Howe and William Strauss were among the first to track and qualify American generations. In their famous book, “Generations,” Strauss and Howe introduced the concepts of “Millenials” and “Gen-x” into the modern vocabulary. Their new generational theory attempted to explain various societal shifts in terms of when a person was born.
Photo from Pxhere.com
The popularity of “Generations” led to widespread acceptance of the idea that it’s OK to overlook the complexities of human life, ignore diversity, and reduce people to one variable (birth year).
Unfortunately, this tendency to label retirees and pre-retirees as “Boomers,” “Millenials,” and Gen-Xers has crept into financial services and retirement planning and is responsible for a lot of bad money advice.
Like an old newspaper horoscope, generational theory lumps everyone born within an arbitrarily designated period (1961-1981 is Gen-x, according to Strauss and Howe.) into one broad category.
“You are a Millennial. You are lazy, entitled, and easily triggered.” “You are a Boomer. You hate risk and change.” “You are a Gen-Xer; you are a self-sufficient critical thinker.” Financial advisors who use these types of oversimplifications as guideposts may not bother to see beyond the labels.
For example, Harry, who was born in 1946, falls squarely into the Boomercategory. His advisor believes that because Harry is a Baby Boomer, he is challenged by technology and won’t be open to virtual meetings, video training, online client portals, or other modern tools.
This advisor also buys into the stereotype that all Boomers are risk-averse, so he aggressively de-risks Harry’s retirement portfolio without bothering to discover more about his client. He doesn’t even ask Harry his thoughts on risk and investing or if he’d like to do more business online because he assumes that all Boomers are the same.
Generational theory in financial services is dangerous because its assumptions influence advisors to take paths that may or may not be in their clients’ best interests. Generational theory can also prevent your advisor from developing a deeper relationship with you and discovering your unique connection to money, your retirement goals, and your true risk tolerance.
Perhaps your advisor builds you a more generic financial plan or doesn’t offer you certain products because they think you hate risk. It could be because they put you into a generational box, ignoring the diverse environments and upbringing which have shaped how you relate to money. You may feel as if the advisor isn’t listening to you or is refusing to take you seriously.
Suppose you suspect your retirement and income planner may be buying into generational stereotypes. In that case, the best thing to do is ask the advisor to explain their process and how they developed it. Having an open dialogue with your advisor will help ensure they listen to your concerns and offer solutions that align with your attitudes and desires.
The bottom line:
Many contemporary sociologists feel that generational thinking is invalid pseudoscience. Unfortunately, though, the generational theory continues to influence financial services marketing. When looking for an advisor, strive to find someone who avoids generational stereotypes and connects with various people across multiple demographics. Your financial future is too critical to trust someone who wants to keep you in a box.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.comDave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management
Gerald R. Ford International Airport Director of Commercial Development Stephen Clark talks to WKTV about one of the reasons to be relaxed — and healthy — this holiday season when traveling through the Ford. (WKTV/K.D. Norris)
Yes, the Gerald R. Ford International Airport is expecting passenger levels to equal or exceed 2019 pre-pandemic levels this Thanksgiving and Christmas/New Year’s holiday season.
But there is good news on several fronts — from an “all hands on deck” workforce at the airport, to COVID testing being available for travelers, to the local airport bucking a national trend to have crew issues causing flight delays or cancellations.
However, patience, as always, will need to be packed in your carry-on along with your tooth brush and credit card.
A recent forecast by Ford Airport management of 33,000 people traveling in and out, from the Wednesday before Thanksgiving to the Sunday after, may well rise and come close to the 35,000 travelers experienced in 2019. And it should be much the same return to flying norms form the Wednesday before Christmas Day Saturday possibly thorough New Year’s weekend Sunday.
Transportation Security Administration (TSA) screening areas at the Ford are expected to be at full strength this holiday season. (WKTV.K.D. Norris)
But airport Director of Commercial Development Stephen Clark told WKTV there will be plenty of reasons to be festive and relaxed this holiday season at the Ford.
“When we look at the holiday season, and trying to celebrate that with our guests, it starts when you come into the facility, creating that sense of place that is West Michigan, so you will see the decorations out here,” Clark said. “But more importantly this year, we are still in the pandemic, so cleanliness is our number one priority.
“As a team, we are cleaning the areas more frequently. You are going to see a heavy emphasis on high-touch areas. And the facility feels different, we are moving the air through the facility more … certainly we are doing everything we can got create a good environment.”
And, Clark said, the Transportation Security Agency (TSA), and all the airports partners, are gearing up for the expected rush — TSA should have all security lines open during peak travel days, he said, and “that should ease one of the more anxious points for travelers, the security check point.”
Tips for travel, as always and due to pandemic
This holiday season is the first time the many people have traveled in a couple of years, Clark said, so, as a general reminder, the first tip for travel is arrive early and pack your checked bags and carry-on bags smartly.
The runway at the Ford International Airport. (Supplied)
“When you are packing your bags make sure you are keeping your medications, your car key and those items you will need right away he you get to your destination, or even come back home, with you,” he said. “Then when you come to the airport, make sure you get here at least two hours early — that is pretty common knowledge these days — but as we get to the holiday season, lines start getting little bit longer, folks start getting a little stressed out … That gives you plenty of time to get your bags checked, if you are checking them, and get through security.”
“Biggest thing we are asking is that people are packing their patience,” Clark added.
There are pandemic requirements to be dealt with as well, especially if you are traveling internationally — make sure you know the COVID requirements of your airlines and at your destination.
“We do have a COVID test site here at the airport that is available to the public, travelers or otherwise,” Clark said. “They can get that PCR Test, that is the gold standard that they will need … additionally when you come to the airport, we just ask that you pack a mask.”
And what about flight delays cancelations
While there has been a lot of talk in recent weeks about airlines needing to cancel flights due to scheduling and crew issues, and the Ford has not been immune to the problem. But there is a simple reason that it is not a big issue, even during busy travel periods — Grand Rapids’ airport is not a huge airport.
“One of the things we started seeing in the later part of the year were flight delays and crew issues. Fortunately, here at the Ford airport, we really haven’t had a ton of that,” Clark said. “That really speaks to the fact that we have so many non-stop destinations. As an airport, we have 30-plus non-stop destinations this holiday season … because we have so many non-stop flights were are not having as many crew issues because they are going right to that destination. … A lot of those issues (crew changes) are happening in major hubs.”
For more information on travel and the Gerald R. Ford International Airport, visit grr.org.
Woodland Mall is all set to celebrate the holiday season and its traditions with special holiday shopping and festivities, starting this week with the return of Photos with Santa, an Angel Tree benefitting families and supporting the Salvation Army, and — of course — Black Friday deals looming.
“It’s exciting to see Woodland Mall transform again for the most exciting time of the year,” Alyson Presser, Woodland Mall marketing manager, said in supplied material. “In particular this year, we encourage our shoppers to shop early to ensure product availability and to exercise consideration to retail workers throughout the season.”
Santa, and more, ready for season
Santa will return to his seat in Macy’s court, from Nov. 17 to Dec. 24, to “listen to every child’s Christmas wish and can even read them a book,” according to an announcement from the mall. Reservations are encouraged but not required to have a photo taken with Santa. Digital photo packages are available with options to purchase prints and a family portrait.
There will be lots of photo ops with Santa and kids at Woodland Mall this season. (Supplied)
On Saturday, Nov. 20, the mall will host a welcome event for Santa with a parade lead by the Kentwood High School Dance Team. From 10 am. to noon, Santa will be escorted on a train alongside a holiday penguin, traveling juggler and magician. The parade route will start in the Von Maur wing, travel through the JCPenney wing and end at Macy’s court.
Beginning Nov. 22, “fur babies” — family pets — will again be welcome to visit with Santa for photos on Mondays through Dec. 20. Feathered and whiskered pets of all kinds are welcome — Santa has met dogs, cats, chickens and even goats over the years. All pets may join as long as they are kept on a leash or in a crate at all times.
Santa will again bring his friends for extra special photo opportunities. Shoppers are invited to join their favorite characters beginning Nov. 23 on Tuesdays through Dec. 14 from 4-7 p.m. Reservations are encouraged but not required. To learn which characters are visiting, please visit ShopWoodlandMall.com.
Celebrate the season for a good cause
Woodland Mall has partnered with the Salvation Army to give back to children in the community. Shoppers will find the Salvation Army Angel Tree in the Macy’s wing near the Apple Store starting Nov. 19 and running through Dec. 15.
Unwrapped gifts can be dropped off at the Mall Management Office between 10 a.m. and 5 p.m., Monday through Friday. After office hours, gifts can be dropped off with mall security.
And, of course, Black Friday
Woodland Mall will be closed on Thanksgiving Day to allow retail employees to enjoy the holiday with their families. The mall will reopen at 7 a.m. Friday, Nov. 26, so guests can enjoy an early start to the traditional shopping weekend.
Woodland Mall. (Supplied)
Woodland Mall continues to offer a contactless shopping experience through its Mall2Go: Contact-Free Pickup designated parking spaces.
Woodland Mall hours leading up to the holidays are Monday to Saturday, 10 a.m. to 9 p.m., and Sunday, noon to 6 p.m. (But, hint to shoppers, to avoid the crowds, Woodland Mall recommends shopping Monday through Thursday when traffic is at a lighter pace.)
On Christmas Eve, New Year’s Eve and New Year’s Day, the mall will be open 10 a.m. to 6 p.m. Woodland Mall will be closed on Christmas Day. On Dec. 26, the mall will be open 11 a.m. to 6 p.m.
Visit ShopWoodlandMall.com for a full list of in-store deals and retailer information.
Woodland Mall appreciates shoppers’ cooperation and understanding as several retailers and restaurants enter the busiest time of the year short staffed.
The safety of all guests remains a top priority for PREIT. Woodland Mall asks all visitors to follow Kent County Health Department, Michigan Department of Health and Human Services and CDC recommendations to keep the community safe and healthy.
LANSING — Michigan is encouraging counties to consider giving their trash a new life, offering up to $12,000 in grants to those interested in treating it as a resource.
The Department of Environment, Great Lakes and Energy recently announced the grants for counties interested in converting outdated solid waste management plans into materials management plans that treat waste as a resource.
Solid waste management plans make sure you have a place to throw your trash. But the future materials management plans look at how you manage materials as a whole, said Christina Miller, a solid waste planning specialist for the department’s Materials Management Division.
Darwin Baas, who has been on the WKTV Journal, said there is value left in materials that are currently put in the ground. (WKTV)
“Can you recycle that material? Can you maybe send it through an anaerobic digester or a compost facility? What’s the best way to utilize that material at its highest, best use?” Miller said.
State policy over the last three decades was directed toward ensuring landfills had the disposal capacity for waste, said Darwin Baas, the director of the Kent County Department of Public Works.
Materials management is a community decision that says everything you place in a dumpster or trash cart has value, Baas said.
There’s value left in materials from a variety of viewpoints, including land use and economic development, Baas said. We can do better than discarding those materials and burying them in the ground where we lose all value, he said.
Michigan’s county waste standards have not been updated since the late 1990s. Because these plans haven’t been updated in so long, counties throughout the state have lost staff with the institutional knowledge to understand solid waste planning, Miller said.
In the past, counties had to have solid waste management committees to prepare and implement waste management plans. While some counties still have active committees, there are many that lack those officials, Miller said.
This grant requires counties to consider collaborating, she said. Those that do will receive $12,000 each. Counties that work alone receive $10,000.
The state wants counties to look at challenges and opportunities to grow materials management, Miller said. They can also consider creating programs to feed into existing or new infrastructure.
“Hopefully it will help engage those discussions and make them start thinking about ‘Well, I have yard clippings in my township but nowhere to really send it. Where do we send that material?’ Is that an issue that we have regionally and maybe it makes sense to create a compost facility that (counties) can utilize together,” Miller said.
Even communities without the infrastructure for materials management can provide a jumping off point. (sphere.com)
Even communities without the infrastructure for materials management can provide a jumping off point, Miller said.
The department hopes to prepare for the transition if a pending package of waste management standards is enacted by the Legislature, Miller said.
Some counties have already begun adopting materials management strategies. The Kent County Department of Public Works resolved to divert 90% of its landfill waste by 2030. The county and neighboring Allegan County say they hope to build a sustainable business park on land that was purchased for use as a landfill.
When you build a landfill you have lost the opportunity to use that land for agriculture, manufacturing or other types of developments, Baas said.
The county plans a mixed waste processing facility with a system to turn organic waste into natural gas and fertilizer.
“You are now creating a renewable natural gas, putting that into the grid, generating a fertilizer. Why wouldn’t you?” Baas said.
Another plan is to make roofing boards from plastic film and waste paper that otherwise has virtually no value, Baas said.
“This is going to be a new way of thinking where people go ‘Really, you can manufacture a product from this material?’
“Yeah, you can.”
“Every 1,000 square feet of roof cover board that’s manufactured, 2,000 pounds of material is diverted from the landfill,” he said.
Information on grant applications and requirements can be found at Michigan.gov/EGLEM3.
From left to right, Kentwood Mayor Stephen Kepley. Chamber member Kathy Bates and Chamber President Bob O’Callaghan at one of the candidate forums hosted by the Wyoming Kentwood Area Chamber of Commerce . (Supplied)
By Sheila McGrath WKTV Community Writer
Nine years after taking the helm of the Wyoming-Kentwood Area Chamber of Commerce, Bob O’Callaghan is ready to let someone else steer the ship. He plans to retire at the end of this year.
As president and CEO of the chamber, it’s O’Callaghan’s job to help businesses in Kentwood and Wyoming grow stronger.
“I get asked once a week, ‘What do you do? What is your job?’” he said. “I’m a connector. I connect businesses to other businesses to help them grow, and give them a chance to do more business.”
Bob O’Callaghan helping to promote the 28th Street Metro Cruise which expanded to Woodland Mall in 2021. (WKTV)
More than 400 businesses are members of the chamber, and most of them – around 70 percent in recent years – are actively involved. Those businesses have representatives serving on committees and offering volunteers to staff the chamber’s many events.
As he looks back on his years of service, O’Callaghan says the group’s community involvement is his proudest achievement.
“We look at ourselves as a community chamber,” he said. “Some of our events, like the 28th Street Metro Cruise, the Santa parade, and the Government Matters meetings … are really huge because it gives exposure to the chamber and gets information out that’s sometimes not out to the general public.”
O’Callaghan has been involved with the chamber in some capacity for three decades. Prior to leading the group, he served on various committees and on the board of directors. In nearly 30 years with the chamber, he has seen both Kentwood and Wyoming become much more diverse cities. And he witnessed those cities go through bad times and good.
Chef Joseff VanHorn with Bob O’Callaghan who has been a champion to local businesses for 30 years, 9 as the Wyoming Kentwood Area Chamber of Commerce’s president/CEO. (WKTV)
During the Great Recession of 2007-2009, Wyoming saw the General Motors plant on 36th Street, the Studio 28 movie theater and Classic Chevrolet, one of the biggest Chevrolet dealers in Michigan, close within three weeks of each other.
“Everyone was down in the mouth and asking ‘Are we ever going to come back,’” he said. “To see that devastation and to see how we’ve come back – COVID has been a kick in the rear again, but before that, everything was going well. There weren’t a lot of empty buildings available, people had staff, the economy was good. So it was nice to see that come back, and I think it will again. COVID is just a temporary setback on the business community.”
He acknowledges that businesses everywhere are struggling now with lack of staff due to COVID. He hopes some of the biggest businesses in the area, like Metro Health, Lacks and Steelcase, might be on the leading edge of finding new ways to attract and retain employees.
“They are going to have to change the way they operate in regards to employment, and the bigger companies will be leading the way to take us forward,” he said. “Once we get over this shortage of people – however we do that – I think you’ll see some changes in how things are done.”
O’Callaghan said more than 70 people, who are hoping to serve as his replacement, have already been interviewed, and the final candidates will be narrowed down after Thanksgiving.
His last official event will be the chamber’s annual meeting on Jan. 28.
At the Santa Parade, which this year will be Saturday, Dec. 11, Bob O’Callaghan would often ride in the vehicle that pulls Santa. (WKTV)
“It’s kind of a great way to go out,” he said.
But before that, he’ll have one last Santa parade – one of his favorite chamber events – to participate in. The parade is set for 10 a.m. on Saturday, Dec. 11, and runs down South Division Avenue from 33rd Street to 44th Street.
“I have been fortunate enough to ride in the vehicle that pulls Santa. Nobody sees me, of course, but I would see the kids waving, and mom and dad smiling and taking pictures. That’s a really good feeling when you see that happening. We’re doing something in our community that’s needed,” he said. “There are years I come back and I don’t feel my feet are touching the ground.”
Jonathan Jelks, left and Willie ‘Willie The Kid’ Jackson, right, are throwing a party downtown Grand Rapids on November 13. “The Taste of Black Spirits” will be held at City Flats Hotel, and will feature Black owned beverage based businesses, with plenty of drinks to taste and try. (Courtesy Image)
Looking to break out of the box, or the bottle? The Taste of Black Spirits event that happened this past weekend expanded people’s tasting horizons, while also celebrating minority owned beverage companies. Hosted by two Grand Rapids-based entrepreneurs, this event is just one part of their vision to diversify West Michigan.
“The event is a fantastic way to spotlight, support and celebrate black owned brands in the market that people may not know exist,” said Nayana Ferguson, owner of Anteel Tequila, one of the Black-owned vendors that was at the Taste of Black Spirits which was held at the City Flats Hotel on Saturday.
The event had been put together by Jonathon Jelks and his business partner Willie “Willie the Kid” Jackson. Together with their company GR USA, a merchandising entity, as well as Lazar Favors, a Detroit-based marketing company, they pulled together about two dozen minority-owned beverage businesses for the one-day only event.
Jelks and Jackson participated in a similar event in Detroit, and were inspired to bring the energy and vibe back to their hometown of Grand Rapids.
“I’m from Southeast Grand Rapids, so this area is near and dear to my heart,” said Jelks during an interview. “Being here in the ‘Rust Belt’ as they call it, and I’m proud to be part of the transformation.” The duo founded their own spirits company, Motu Viget, in 2019. They currently have three products in the market: Motu Viget Brut, Eye Candy, and Avani Supreme Vodka, with more than 200 placements in the Michigan market, which includes 70 Meijer stores.
For Jelks, it’s important to pass on both his knowledge and his success. “With us having our own spirits company, and having some traction and some success, we wanted to bring some of that to others,” he said. “We wanted to make sure that the small businesses could make the proper connections, and succeed as well. We are in a unique position to do this”.
Jelks’ background is in ‘serial entrepreneurship’. “Anything where I see there is a niche and we can contribute and service the community, those are the kind of things that float my boat,” he explained.
“We felt that the next thing that is going to help Grand Rapids become a world class community is by creating culture. Bars are a big part of that, live entertainment venues are a part of that.”
In addition to the Nov. 13 event, the duo has a whole host of other developments in the works.
Ambiance GR Kitchen & Lounge, which will be located in the former Raggs to Riches space, should open by the end of 2021. “Ambiance will have live entertainment, events, and will have a kitchen component to it. We’ll be serving American and Cajun dishes, something unique for the restaurant ecosystem downtown Grand Rapids. We are super excited for Ambiance, everyone has been anticipating it, and we are really ready to share it with the community.”
Sip Coffee and Cocktails in Grand Rapids on Alger and Eastern is yet another place that they’ve invested in, along with other partners. This spot is a coffee shop/bar hybrid, and a spot that will welcome all, no matter the time of day.
The duo’s entrepreneurial spirit isn’t limited to just Grand Rapids, they also have two bars in the works in Muskegon. The Motu Lakeshore Wine Bar, named after their spirits company, and Prohibition, an event space, will both be housed in the same building right downtown on 8th Street and should open in the next year.
With no restaurant experience, it’s been a bit of a learning curve for Jelks. Coming out of the pandemic, he’s getting a baptism by fire into the industry. “Labor costs, hiring the right staff, staffing the kitchen is really brutal right now,” he said. “So many people just don’t want to be in the industry anymore, or feel underwhelmed by the pay, and where things are at. There’s a lot of things the industry has to address, and those of us who are invested in the industry are learning to navigate those things.”
Jelks clearly has a bigger vision than just owning a bar or two. And not that owning and operating those alone aren’t a big deal. He’s thinking all the time about Grand Rapids as a whole, and that is what sets him apart. “I look at how some people in Grand Rapids have built big businesses, being very forward thinking, by diversifying our economy,” he said. “Our city has done a great job in figuring out how to problem solve, and keep people gainfully employed. As small business owners, you just want to continue to add to that DNA, add to that fabric, and create more opportunities. Despite the fact that we have one of the fastest growing cities here in the country, when it comes to black and brown folks, our ratings aren’t so high. There was a Forbes article that came out about 4-5 years ago that rated Grand Rapids as one of the worst cities economically for African Americans. One of the ways we can change these social inequities is through entrepreneurship. That’s very important. We want to not only create businesses where we’ll make money and be successful, but also where we’ll create that pipeline for other entrepreneurs and other folks that can be in leadership in Grand Rapids and Muskegon.”
Anteel Tequila (Courtesy Image)
One of the vendors that was at the Taste of Black Spirits was Anteel Tequila, a Michigan-based spirits company. “Anteel Tequila launched in August of 2018 only in Michigan, our home state and since then Anteel has won over 27 awards, expanded to 8 states, the Caribbean and received global attention for our world’s only Coconut Lime Blanco Tequila,” said owner Ferguson. “We have three additional expressions besides Anteel Coconut Lime that includes a Blanco, Reposado and a limited release Tarocco Blood Orange Blanco Tequila”.
“I think it’s slow, but I’m new to the spirits industry, but I’m having my eyes open to the business,” said Jelks. “It’s like having an epiphany. There are so many different avenues on how to make money in this industry. But also how to have a good time, how to curate. And once you have an internal knowledge of how the spirits industry works, you will find some kind of opportunity. And we just want to encourage people to do so. Knowing what is out there is half the battle.”
“The Black community is not only asking for more Black ownership, but they are also looking for the avenues to gain traction with.” Mainstream following is the key to success, Jelks emphasized. “It’s our job as Black pioneers to make a way to put a magnifying glass on it, so everyone can see clearly that this is happening. That this transformation is on.”
Jelks doesn’t mince words. “Grand Rapids is suffering from a diversity problem,” he said. “Culturally, we need more events downtown that are culturally led. That is what makes you into a diverse, world class city that is a magnet for attraction and retention, in 2021.
What could young entrepreneurs of color do to move their vision forward? According to Jelks, “Utilize the tools and resources you have in front of you, study up on the position that you want to be in. There is a glamor side to having your own alcohol, but there is so much work. This is one of the more archaic businesses that is still around.” He stressed how hands-on this business is, and that it really isn’t too far off from Prohibition with many of the rules and regulations. “Relationships still mean a lot,” he stressed.
“The industry can be difficult to navigate in for emerging brands without immense marketing budgets,” said Ferguson. “Events like [The Taste of Black Spirits] allow brands to get in front of the masses in a fun, educational manner, allowing us to grow our audience.”
Events like this allow all of us to expand our range of what we taste and experience.
“We’re having the time of our lives doing this,” said Jelks. “We’re busy,”
LANSING — Some lawmakers and environmental advocates want to ban chemicals in food packaging that they say threatens the health of Michiganders.
PFAS, bisphenols and phthalates can be found in almost every food package — from burger wrappers to bottles for drinks.
The chemicals include per- and polyfluorinated substances or PFAS, a large group of chemicals that has been used globally since the 1940s to manufacture “products that resist heat, oil, stains, grease, and water,” according to the Centers for Disease Control and Prevention. PFAS chemicals are so effective that they’re used in many industries, including food packaging.
A bill that would ban these chemicals from food packaging has been introduced in the Michigan Senate.
Other troublesome chemicals identified in the proposed ban are bisphenols and phthalates. Bisphenols are used to line cans and phthalates are commonly used in plastic food packaging to add flexibility, Courtney Carignan, an assistant professor in the Department of Food Science and Human Nutrition of Michigan State University, wrote in an email.
It’s not easy to tell which food package contains these chemicals because there are no labeling requirements for them, Carignan said.
PFAS, bisphenols and phthalates can be found in burger wrappers, french fry bags, canned food, and packages for drinks, according to the Ecology Center, a nonprofit environmental group located in Ann Arbor and Detroit.
Whether these chemicals are released into food depends on the temperature, time of storage and the acidity of food, said Rebecca Meuninck, the deputy director of the Ecology Center.
“Many of these chemicals have been linked to concerning health effects such as infertility, hormone and immune disruption,” Carignan said.
They accumulate in peoples’ bodies, said Sen. Jeff Irwin, D-Ann Arbor, who sponsored the legislation to ban them. “The more we are exposed to them the worse it’s for our health. People have PFAS in their blood. PFAS lasts for an extremely long period of time, they don’t break down.”
PFAS can cause high cholesterol, decreased immune system response to vaccines and development of certain types of cancer, according to the Department of Environment, Great Lakes and Energy.
It’s important to avoid PFAS in packaging not only because it can be released into food, but also because manufacturing this type of packaging and disposing of it pollutes the environment, Meuninck said.
There are alternatives to PFAS, such as bamboo, palm leaf, bio-wax, clay and compostable plastic polylactic acid that usually is made from corn, according to Toxic-Free Future and nonprofit Clean Production Action. Both organizations advocate for safer products and chemicals.
PFAS is a long-standing controversial problem in Michigan.
State officials say that at least 1.9 million people are affected by PFAS and more than 11,000 sites are contaminated by this family of chemicals, according to news accounts. In 2018 and 2019, the state spent $69 million to clean up and address PFAS, according to Bridge Michigan.
One of the state’s largest contamination areas is that in Rockford, where Wolverine, a shoe company founded in the community, was found to have left a 25-mile square wide trail of PFAS contamination from a former tannery factory. Wolverine’s PFAS supplier was the chemical corporation 3M.
People can ask companies like McDonald’s and Burger King to phase PFAS out of packaging, said Rebecca Meuninck, the deputy director of the Ecology Center.
In 2021, 3M sued Michigan to oppose state new limits for PFAS in drinking water, saying that those limits are flawed because they were made in a “rushed and invalid regulatory process,” according to Bridge Michigan.
People can ask companies like McDonald’s and Burger King to phase PFAS out of packaging, Meunick said. Panera and Whole Foods are working to do that now.
It’s absolutely possible for companies to eliminate PFAS and other chemicals from food packaging, Irwin said. “There are many food packaging systems out there that don’t use these chemicals. And Michigan is a major center for packaging innovation and food products.”
This is Irwin’s second attempt to ban the chemicals in packaging. He said, “Legislation hasn’t gotten much traction in the past, but every year we learn more about PFAS.”
This time around, he has the support of the governor who on Oct. 27 issued an executive directive to limit the state’s purchase of products with PFAS.
And the Biden Administration recently announced a plan to “prevent PFAS from being released into the air, drinking systems and food supply.”
Similar bans have taken place in California, Connecticut, Minnesota, Maine, New York, Vermont and Washington.
After a swearing-in ceremony this week, the City of Kentwood has two new commissioners on the City Commission, and welcomed back re-elected Mayor Stephen Kepley, Commissioner At-Large Betsy Artz, City Clerk Dan Kasunic and City Treasurer Laurie Sheldon.
Clarkston Morgan and Jessica Ann Tyson were sworn in as first-time city commissioners at the City Commission meeting Monday, Nov. 8, following their election Nov. 2. They were joined by the reelected officials, who also took the oath of office for their respective positions.
Morgan is now Ward 1 commissioner representing the western half of Kentwood and Tyson is Ward 2 commissioner representing the eastern half of the city. Each seat is a four-year term.
“We are pleased to welcome Clarkston and Jessica Ann to the City Commission,” Mayor Kepley said in supplied material. “Both are highly engaged, longtime residents who bring excellent leadership skills, business experience and community connections that will be invaluable as the City of Kentwood continues its mission of providing high-quality services to foster a thriving community for all.”
Mayor Kepley and Commissioner Artz each were re-elected for a third four-year term. They were first elected in 2013. Kasunic and Sheldon each were re-elected for a four-year term. Kasunic has served as clerk since 2000 and Sheldon has served as treasurer since 2013.
Meet the new commissioners
Morgan, a city resident since 2007, previously served the City of Kentwood as a planning commissioner, member of the Zoning Board of Appeals and member of the Arts Commission.
Commissioner Clarkston Morgan (City of Kentwood)
As the founder and CEO of Ambassador Consultants LLC, he has established strategic relationships between organizations and corporations that have resulted in mutually beneficial increases in market share and funds to benefit the quality of life for families in the community, according to a city announcement. He has also launched the nonprofit Career Proactiv to empower K-12 and college students to start their own entrepreneurial platform.
In addition, Morgan serves as vice president of the Michigan Chapter of the US Minority Contractors Association and chief operating officer of W4 Construction Group. He also is chairman of the African American Leadership Council for the Christian Alliance For Orphans, working alongside national adoption and foster agencies to empower African American families to adopt children.
Commissioner Jessica Ann Tyson (City of Kentwood)
A two-time governor appointee, Tyson actively serves the community as a member of several boards, including the City of Kentwood Economic Development Corporation, Kentwood Community Foundation and Better Business Bureau of West Michigan, according to the city announcement. She is a past board member of the Wyoming-Kentwood Area Chamber of Commerce.
Tyson brings operational business and management experience to her city commissioner role. A multi-business owner, she serves as president and CEO of JA PR Group, Pink Lounge: Dry Salt Therapy, The Beastro (a company offering fresh cuisine for canines) and The Candied Yam, an area restaurant featuring Southern cuisine.
Over the years, Tyson has received many prestigious awards, including being recognized as one of the 50 Most Influential Women of West Michigan.
In West Michigan and across the country, supply chain problems have resulted in longer lead times, missed deliveries, higher prices and sometimes exorbitant expediting charges, said Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University.
Long surveyed local business leaders and his findings below are based on data collected during the last two weeks of October.
“What seems most worrisome to some of our survey participants is that there is still no end in sight for our supply chain problems. Although these supply chain gremlins are inhibiting the West Michigan economy, modest economic growth continues,” Long said.
Most automotive manufacturers are extremely frustrated by the fact they cannot build or ship most of their cars because of a shortage of $15 worth of computer chips, Long said.
“Throughout the chip crunch, automakers have prioritized output of large pickups, some of the industry’s most profitable vehicles,” he said. “Ford and Ram are among automakers offering zero percent financing for 72 months on large pickups. At the same time, competition in the segment is increasing with a redesigned Toyota Tundra and the industry’s first electric pickup, the Rivian R1T, on the horizon.”
Addressing inflation, Long said the Federal Reserve is still sticking with its theory that the current inflation is “transitory.”
“They won’t say how long before we can expect to ‘transition’ out of the high inflation we are currently experiencing,” he said.
Highlights of Long’s October report:
The Index of Employment remained positive at +24, down from +27.
New orders, or the Index of Business Improvement, rose to +15 from +8.
The Production Index, or output, rebounded sharply to +19, up from -1.
The Index of Purchases eased to +8 from +14.
The Institute for Supply Management survey is a monthly survey of business conditions that includes 45 purchasing managers in the greater Grand Rapids area and 25 in Kalamazoo. The respondents are from the region’s major industrial manufacturers, distributors and industrial service organizations. It is patterned after a nationwide survey conducted by the Institute for Supply Management. Each month, the respondents are asked to rate eight factors as “same,” “up” or “down.”
The City of Kentwood will have two new faces on the City Commission after voting Nov. 2, as Clarkston Morgan won the Ward 1 seat and Jessica Ann Tyson won the Ward 2 seat. But incumbent At-Large commissioner Betsy Artz was returned to the commission in city-wide voting — gaining the most voter support of any candidate running opposed for city positions.
All City of Kentwood seats are for 4-year terms. The returning and new commissioners will be sworn in on Monday, Nov. 8, at the regular City Commission meeting.
With 100 percent of City of Kentwood precincts counted, Artz defeated Leonica Riley Erwin, 4,505 to 2,511, according to final unofficial results supplied by the Kent County Elections Office. Artz was the top voter-getter in the entire city in contested elections, as Mayor Stephen Kepley gained 4,321 votes as he was re-elected to the position.
The city-wide vote total of 7,366 was 18.7 percent of the 39,460 registered voters in the city.
Newly elected City of Kentwood City Commissioner Clarkston Morgan, center, who won the Ward 1 election Nov. 2, talks to supporters at an election-night event. (WKTV/K.D. Norris)
With 100 percent of their respective ward precincts counted, Morgan defeated Meochia Nochi Thompson in Ward 1, 1,989 to 1,365, in a seat currently held by commissioner Emily Bridson. And Tyson defeated Dan VanderMolen in Ward 2, 2,120 to 1,360, in a seat currently held by commissioner Tom McKelvey.
Running uncontested in City of Kentwood elections were incumbent Treasurer Laurie Sheldon, and incumbent City Clerk Dan Kasunic. Sheldon gained 6,148 votes and Kasunic gained 6,177 in citywide voting.
At-Large Commissioner
Commissioner Artz thanked the Kentwood voters in a statement to WKTV, “I appreciate your support throughout this campaign, and at the polls.
“Our City now has a Commission that will work together to get things done,” she said. “It’s time to continue our work on improving and maintaining our Parks and Trails, providing the best in Public Safety to our community, and budgeting for the future. I am thrilled to be able to serve the City of Kentwood for another four years.”
Riley Erwin, in a statement to WKTV, said “The Kentwood voters have spoken. Congratulations to Betsy Artz and all of those elected last night.
“My campaign had two goals,” she continued. “The first was to increase voter turnout. The second was to increase awareness about issues important to residents that don’t feel empowered. Those goals were accomplished. I look forward to working with our city commissioners and other Kentwood leaders to ensure every resident can reach their full potential. I encourage my supporters to stay involved and continue to communicate their desires for affordable housing, supports for small businesses, and creating a more inclusive community. I would love to see more of you run for office or volunteer on a campaign committee. Participate in community forums and surveys. Make your voice heard.
“Last, I would like to thank my family for all of the love and support they have given me. I couldn’t have made it to the ballot without their encouragement and willingness to make sacrifices with me.”
Ward 1 Commissioner
Morgan addressed all “Kentwood families, business and community leaders,” in a statement to WKTV. “Thank you! I am more than honored to receive your vote of confidence as your City Servant Leader.
“I stand here on the shoulders of great past and present city leaders, but even more, YOU, our Kentwood community,” he said. “It’s our families, businesses, households of faith and community organizations that make our city great. I look forward to seeing Kentwood reach it’s greatest potential by serving WITH our community to provide all residents a better quality of life. God bless.”
Thompson, in a statement to WKTV, said “I am so blessed to have an opportunity to run this race for Commissioner. I thank God for the journey; all the wonderful neighbors I connected with.
“This became more than Community business, it became Kingdom business for me. I was able to teach, preach and encourage along the way. I even had the opportunity to lead someone to salvation. For me, it gets no better than that. I experienced people actually rejoicing because for the first time in a long time, they felt they mattered and were being seen and heard.
“I hope we continue striving toward a more connected Kentwood, where our neighborhood feels more like family and everyone is thriving, healthy and safe! Thank you Kentwood residents for even considering me to represent you. The journey was well worth it.”
Ward 2 Commissioner
Tyson, in a statement t o WKTV, said “The residents of Kentwood have spoken. I am honored and humbled that they took the time to vote for me.
“I look forward to representing Kentwood residents in Ward 2 for the next four years. To others who supported our campaign, I am thankful that you understand how passionate I am about my community. Your contributions proved to be invaluable. I am excited to spend more time listening to and helping our residents and city remain united and strong.”
VanderMolen, in a statement to WKTV, said “I want to express a heartfelt thanks to my family, friends, and supporters for helping make this campaign a reality. It’s truly amazing what people can accomplish when they come together. I also want to congratulate Jessica Ann Tyson on her impressive victory tonight.
“Like I’ve said before, we need to stop looking at politics as a zero sum game and instead realize that while we might have different ideas or priorities, we can all still work towards the same common good. I look forward to partnering with Jessica, and the rest of the city commission, to support the residents of Kentwood in any way I can going forward.”
“Everyone at some time in their life will run to safety.” Dave Stanley
Treasury bonds are issued and backed by the federal government, the full faith and credit of the United States Government. The advantage is safety; the disadvantage is the yield you may earn can be lower than other investment options. The question to ask is simple, is the lesser yield still sufficient for your needs?
US Treasuries are issued in four different categories: Bills, Notes, TIPS, and Bonds.
Treasury Bills (T-Bills) have a maturity date of 1 year or less, and they are short-term by nature. Four options exist for a time duration of investment, 4 weeks, 13 weeks, 26 weeks, and 52 weeks maturity. Treasury Bills do not pay interest. Instead, they are sold at a discount and in denominations of $100. For example, a $1000 T-Bill with a maturity of 52 weeks might sell for $975. At the end of maturity (52 weeks), the owner of the T-Bill would receive $1,000.
Treasury Notes (T-Notes) A T-Note has a more extended maturity time period than T-Bills, 1 year to 10 years. Notes are issued in denominations of $1,000 with interest paid every 6 months. T-Notes are issued with the full face value of the note and not as a discounted face value.
Treasury Bonds (T-Bonds) T-Bonds are issued for a more extended period than T-Notes, 10 years to 30 years to maturity. Bonds are issued at face value, and interest is paid every 6 months. The most popular time period is 30 years.
Treasury Inflation-Protected Securities (TIPS) are US Treasuries issued with an added benefit; they are designed to help offset inflation. Treasury Inflation-Protected Securities are issued with 5, 10, and 30-year maturity dates. Interest is paid every 6 months and is a set rate, but additional interest can be paid at maturity based on inflation history.
Regardless of which US Treasury you choose, the safety of the principal is always the underlying benefit.
Dave Stanley is the host of Safe Money Radio WOOD1300 AM, 106.9 FM and a Financial Advisor and Writer at Integrity Financial Service, LLC, Grandville, MI 49418, Telephone 616-719-1979 or Register for Dave’s FREE Newsletter at 888-998-3463 or click this link: Dave Stanley Newsletter – Annuity.com Dave is a member of Syndicated Columnists, a national organization committed to a fully transparent approach to money management.
