Tech Professor: Hidden Dangers In Spending Tax Refunds
A Tennessee Tech economist said spending a tax refund immediately can lead to financial trouble if the money is actually an overpayment error or needed for emergency savings. Tennessee Tech Lecturer of Economics Dr. Chelsea Dowell said residents should view refunds as overpaid taxes rather than free money. She said the key is to prioritize […]
Sparta Aldermen Increases Employee Spending Power
Sparta city employees’ purchasing limits have been increased to save on time and gas. City Administrator Brad Hennessee said employees used to be limited to $100. Hennessee said when a material or tool exceeds that amount, workers had to come to city hall for approval. “They don’t have to bring it to me the way […]
Clay Executive Introduces Initial Spending Plan For ARP Money
Clay County starting the process on its spending plan on some $1.4 million of American Rescue Plan money. County Executive Dale Reagan created a suggested list that he has shared with the county commission. Reagan said he has included expenditures for emergency services, solid waste and parks. “Just about everything I mentioned there is somethings […]
Inflation Concerns Reach Highest Levels In Recent Memory
It has been many years since inflation concerns have dominated the national conversation about United States Economics. That is according to Dr. Thomas Payne, the Dean of Tennessee Tech’s College of Business. Payne said the concern stems from the Federal Reserve’s aggressiveness coming out of the pandemic. Payne said the amount of money being printed […]
Putnam Ag Extn: Budgeting Strategies For New Year
It is resolution season, and many people try and start the new year with a smart spending plan. Putnam County Family Consumer Science Agent Michelle Parrott said getting a persons spending broken down on paper is an essential step for budgeting. Parrott said one of the biggest mistakes people make is overlooking the coffee, sodas […]
