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Ithaca Ranks Poorly for Car Loan Spending

Feb122016

Ithaca Ranks Poorly for Car Loan Spending

 

Ithacans are paying too much for their car loans.  A recent study on wallethub.com ranks Ithaca as 2551 out of 2570 US cities, placing the city among the bottom 20 US cities with a 161% debt-to-income ratio for car loans.  According to the study, Ithaca is the worst city in New York State for getting a car loan, at least in terms of the percentage buyers spend or their annual income.

"The most common mistake people make when shopping for a car (or anything else) is to lose sight of their budget, their existing and forthcoming financial obligations," says Angelo State University Accounting, Economics and Finance Professor Sahit Murat Kara. "Most of us are already burdened with high amounts of debt and, although we are not thinking about it at that moment, in a few months we will have to have the roof of our house redone, or have to replace the AC unit. Not the best time to purchase the $50,000 dream truck, is it?"

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Mary Kay Independent Beauty Consultant Earns Car

Feb122016

Mary Kay Independent Beauty Consultant Earns Car

 

emilierawlings120Dallas -- Mary Kay Independent Beauty Consultant Emilie Rawlings of Ithaca, NY has earned the use of a new Chevy Cruze in January as a result of her outstanding achievements in her Mary Kay business.

Rawlings will take delivery of the new Chevy Cruze, her First Mary Kay career car, in March 2016.  Mary Kay independent sales force members earn the use of a career car by meeting or exceeding goals set within their Mary Kay businesses.

"It's amazing to represent a company that rewards it's sales force with the use of a FREE CAR," said Rawlings. " All because I am sharing products that I am passionate about, and an opportunity that I believe is unparalleled in it's freedom and potential."

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Tompkins Financial Advisors Names New Managing Director

Feb122016

Tompkins Financial Advisors Names New Managing Director

 

tompkins katetaylorTompkins Financial Advisors is pleased to announce that Kara G. Taylor has joined the firm as managing director for the central New York region. She is based in the Tompkins Financial Advisors office located at 119 East Seneca Street in Ithaca.

In her new role, Taylor is responsible for establishing and executing the wealth management strategy for the central New York region, as well as, ensuring that clients receive the highest level of care.

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