Veterans Newsletter - June, 2020

JUNE, 2020 VETERANS NEWSLETTER

 

Well the month of June is here and the weather is finally warmer. 

Good News we now have four drivers and now the Hospitals are closed oh well. We have had no veterans going to Roudebush Hospital in Indianapolis nor do we have any Veterans going to Danville, Illinois. 

For anyone wanting to go on Honor Flight the Honor Flight of Greater Lafayette will be traveling to Washington D.C. sometime in the summer so please call 765-357-1000 to get more details, or you may go on line at [email protected] or www.Honorflightlafayette.com

Next I will not be at the American Legion this month. 

Now I am going to deviate from my normal discussions to speak about a topic that is very dear to me. It is finances specifically Dave Ramsey, I know many people are concerned about there finances. 

1. Start with an emergency fund of $1,000 don’t do anything until you have in place. 

2.  Next place all of your debts smallest to Largest don’t worry about interest rate!

3.  After you have paid off all of your debts about (2 years) then put your fully funded Emergency Fund of 3 to 6 month. This is all of your expense for your household.

4.  Now start investing 15% in an IRA, 401K , 403B etc.

5.  Buyer Beware this is about what how company’s advertise to get you to buy

6.  The Role of Insurance (term Insurance etc,).

7.  Retirement Planning.

8.  Real Estate and Mortgages.

9.  Outrageous Generosity.

If you would like more info please visit Dave Ramsey.com