Connections - November 2008 - (Page 18) The Bottom Dollar savings and pay off debt. “Start with the credit cards. If you can chip away at the principle the interest goes down forever,” said Leyes. Next, Leyes recommends opening a savings account that earns more than 1.9 percent on interest. “It’s like free money,” said Leyes. “By the end of the year you might get an additional $50 or $60. Take this money and set it aside in a nest egg so it can earn interest. Tap into this money if you need to make big purchases in the future so you don’t have to use the credit card.” Finally, Leyes recommends looking at all of the financial vehicles to help maximize earnings. “Max out a company’s 401(k). The company gives you money and it puts you in a slightly lower tax bracket. Think about it, if you’re in a 15 percent tax bracket and you put $100 each month into the 401(k), your net paycheck only goes down $85.” Leyes advises: “Long term investors are buying investments on sale right now. People will buy everything else “For me, it’s all about Simon Lever’s superior service. ” ~ Gary Weaver, President, The Weaver Group “Superior” isn’t an adjective Gary Weaver, president of The Weaver Group, in Ephrata, PA, uses carelessly. Not when his main product line — Superior Walls® — is branded with it. Weaver promises his customers superior service and performance, and expects the same from his accounting partner. “With Simon Lever, that expectation is fulfilled every time,” says Weaver. “Simon Lever’s commitment to communication and reliability is an important part of their outstanding service.” Expect superior service from your accounting firm and business advisor. Contact Simon Lever LLP today at 717.569.7081 or info@simon-lever.com. WWW.SIMON-LEVER.COM 18 | Connections | November 2008 http://WWW.SIMON-LEVER.COM http://WWW.SIMON-LEVER.COM
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.