Business
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After Phillies, Ryan Howard keeps busy with Conshohocken-based SeventySix Capital
After retiring from Philadelphia Phillies three years ago, Ryan “The Big Piece” Howard has been keeping busy with several new endeavors, including Conshohocken-based SeventySix Capital, writes Lindsay Berra for the Philadelphia Business Journal. The new ESPN baseball analyst joined the venture capital fund as a partner in 2017. Since then, he has become involved in…
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Finding truth in the three lies about car payments
By Rachel Cruze Car payments are so prevalent in society today that people think they’re a normal part of life. But if you took the average car payment of $545 and invested it into a Roth IRA instead, 30 years later you’d be sitting on a cool $1.4 million. Look, I like my car, too—but…
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Fort Washington-based Trumark Financial Credit Union opens 24th branch
Fort Washington-based TruMark Financial Credit Union increased its presence in Chester County by opening a new branch on Morehall Road in East Whiteland. The East Whiteland branch is the credit union’s 24th overall branch, and fifth in Chester County. “We are proud to debut this new branch in Chester County and remain committed to providing…
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Dave Says: Establish a solid foundation when building wealth
Dear Dave, My husband and I are in our thirties. We have $15,000 in debt spread across student loans, credit cards, and a car payment. We make decent money, and we’ve each got around $50,000 in our 401(k) plans. What steps can we take toward becoming good investors? Heather Dear Heather, When you’re building wealth,…
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Blackstone Group co-founder, Abington native explains ‘What It Takes’ to be successful In new book
Huntingdon Valley native Stephen Allen Schwarzman, chairman and co-founder of Blackstone Group, has published a new book called What It Takes, writes Amanda Gordon of Bloomberg for Yahoo!Finance. The book focuses primarily on the time he spent building and expanding Blackstone. Its success has turned him into a billionaire over the years. He also talks…
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American Heritage Credit Union celebrates grand opening of its new Horsham branch
With a flurry of meet-and-greets with the public and local dignitaries, American Heritage Credit Union (“American Heritage”) celebrated the grand re-opening of its newly renovated Horsham Branch on Thursday, September 5, 2019. The facility is located at 339 Maple Avenue, Horsham, Pennsylvania. The grand opening also featured tours before the ribbon cutting ceremony. American Heritage…
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Malvern Bank makes a difference, donates school supplies to local children in need
Malvern Bank, National Association has donated a substantial amount of school supplies to the Domestic Violence Center of Chester County (DVCCC) as the culmination of its Back to School Drive. The DVCCC is a charitable organization that supports the community by providing housing, counseling, and assistance with life skills to women (and their children) who…
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Dave Says: Time for fun money?
Dear Dave, I had about $12,000 in debt when my husband and I got married three years ago. Since that time, we’ve been given cash gifts from my parents from time to time, and we keep having discussions on how to use this kind of money when it is given to us. I’d like to put…
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Pennsylvania Among Top Ten States With Highest Credit Card Debt
Pennsylvania is in the top ten states with the highest credit card debt in the nation, according to a recently published study by WalletHub. Americans started the year owing more than $1 trillion in credit card debt. While the first quarter of the year seemed promising, with consumers repaying around $38.2 billion, the second quarter…
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Dave Says: Live like your income hasn’t changed
Dear Dave, I’ll be graduating from college in December, and I’ll have a job waiting for me that pays $50,000 a year. This will bring our household income up to about $95,000. The problem is we’ve got $18,000 in student loan debt, $2,500 in credit card debt, and $4,000 to pay in medical bills. We’re…
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Whitemarsh’s Firstrust Bank’s Chairman and CEO working hard to preserve family legacy
Richard Green, chairman and CEO of Whitemarsh-based Firstrust Bank, is working hard to preserve the family legacy started by his immigrant father, writes Michael Bradley for the Main Line Today. Samuel A. Green, originally Zoldag, arrived in Philadelphia from Hungary in 1905 with seven dollars in his pocket. He began his career as a salesman,…
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Univest Financial one of 15 Montco-based companies among region’s fastest-growing
Univest Financial Corporation is one of 15 companies based in Montgomery County that have qualified for the Philadelphia Business Journal’s Soaring 76 list of the fastest-growing companies in the region. To compile the list, the Philadelphia Business Journal first asked for nominations of companies that generated at least $750,000 in revenue in 2016 and at…
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Dave Says: Time to test son’s resolve
Dear Dave, Our son is 27, and he has a good job making $55,000 a year. Recently, we learned he financed an expensive car he’s now upside down on. In addition, he has accumulated over $15,000 in credit card debt. He lives in a small town, and only pays $650 a month in rent, but…
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Blue Bell-based Unisys secures $25 million contract with Georgia
Unisys Corp., with strong and long roots in Blue Bell, is adding a bit of Southern charm to its work as it has secured a contract with the state of Georgia for $25 million. The local company was tagged to implement a simpler sign-in process for the state’s 47,000 users, stretching across 14 government agencies.…
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Dave Says: Should you transfer credit card balances to get lower interest rate?
Dear Dave, I’ve got about $3,000 in credit card debt. Would it be a good idea to transfer the balance from my credit card to another one that has a much lower interest rate? Tammi Dear Tammi, [uam_ad id=”54865″] Lots of people who find themselves in your shoes make the switch to low-interest rate credit…
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Saving for college, even during the school year
By Anthony Oneal So, your kids are in high school. Honestly, you’re already crushing it as a parent, especially if you still have your sanity! Before you celebrate too hard, though, there’s one more thing to think about—college. If you’re like most parents, the idea of paying for your kids’ college gives you nightmares. Let’s be real,…
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Dave Says: Why do I need a will if I’m young?
Dear Dave, Why do I need a will if I’m still young and haven’t acquired a lot of wealth? Laura Dear Laura, [uam_ad id=”54865″] In a case like yours, you don’t need a complicated will. But you do need an inexpensive, basic will. The larger and more complicated your estate is, the more you’d spend on estate…
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How to keep back-to-school time from busting your budget
By Rachel Cruze I remember as I was growing up, I always thought school was free. I mean, I understood that private school costs money, but I went to public school, and I didn’t think a whole lot about the expenses associated with it. [uam_ad id=”54865″] Now that I’m older, I realize how much parents…
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