Up and Coming Weekly is a weekly publication in Fayetteville, NC and Fort Bragg, NC area offering local news, views, arts, entertainment and community event and business information.
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14 UCW DEC. 31 - JAN. 6, 2015 WWW.UPANDCOMINGWEEKLY.COM Now that 2015 is upon us, you may be thinking about making some New Year's resolutions. Perhaps you'll decide to take up a musical instrument, or hit the gym more often, or even learn a new language. All these are worthy goals, of course — but you could also gain some key benefits by working to achieve some financial resolutions. Here are a few to consider: Fill "gaps" in your investment portfolio. From time to time, you — or possibly your financial advisor, if you work with one — might identify "gaps" in your investment portfolio. For example, you might find that you are making insufficient progress on a key goal, such as saving for a child's college education. Or you might discover that you need to place additional resources in a particular asset class to achieve proper diversification, which can help reduce the impact of market volatility on your portfolio. (Keep in mind, though, that diversification by itself can't guarantee profits or protect against loss.) So put "filling portfolio gaps" high on your list of New Year's financial resolutions. Boost your 401(k) contributions. If your salary has gone up with the new year, consider boosting your contributions to your 401(k) or similar employer-sponsored retirement plan. You may not be able to afford to contribute the maximum annual amount — which in 2015 is $18,000, or $24,000 if you're 50 or older — but if you increase your contributions every year, you can greatly speed your progress toward your retirement savings goals. You can put this New Year's resolution into effect by contacting your human resources or benefits department as soon as you get back to work in 2015. Eliminate "unhealthy" investment habits. As part of your general New Year's resolutions, you may have decided to cut back on "carbs" and sugar- laced soft drinks, with the expectation that these moves could help your overall health. But you can also make "unhealthy" financial moves, such as chasing after "hot" stocks (which may already have cooled off by the time you find them) or selling quality investments just because their price has temporarily dropped. Strive to focus more intently on your long-term investment strategy, as opposed to reacting to short-term stimuli. Review your estate strategy. During any given year, you might experience major changes in your life — marriage (or remarriage), new child, new home, etc. — and these changes will have profound effects on your estate plans. But whether or not you encountered any of these events in 2014, it's a good idea to look over your estate planning documents — such as a will, living trust, power of attorney and so forth — to make sure they are still current with your wishes. It's especially important to update beneficiary designations on your insurance policies and retirement accounts so that they are aligned with the wishes you have expressed in your will. And if you haven't drawn up your estate plans yet, make a New Year's resolution to do so in 2015 — because it's never too soon to take the steps necessary to protect your loved ones in the future. Unlike some New Year's resolutions, these financial ones won't require a big shift in your lifestyle. But if you can stick to them, they can make a big difference in your life. Fayetteville Technical Community College (FTCC) has a comprehensive program of study leading to an Associate Degree in Fire Protection Technology. The program of study is flexible, offering courses completely online or through the traditional classroom setting. The program is designed to provide individuals with technical and professional knowledge to make decisions regarding fire protection for both public and private sectors. The program also provides a sound foundation for continuous higher learning in fire protection, administration, and management. Course work includes classroom and laboratory exercises to introduce the student to various aspects of fire protection. Students will learn technical and administrative skills, such as hydraulics, hazardous materials, arson investigation, fire protection safety, fire suppression management, law, and codes. In addition to the associate degree program, two other learning pathways are available in an effort to meet the needs of students and the fire service community: the High School Connections Program and a Program for Working Adults and Certified Fire Fighters. High School Connections Program. Together with Cumberland County Schools through the High School Connections program, FTCC offers a certificate program which allows high school juniors and seniors to attend college-level courses at FTCC for two semesters, simultaneously earning high school and college credit for four classes—all tuition free! Upon graduation, students have the option to continue at FTCC to complete the associate degree program and then either work or transfer their associate degree to a 4-year college or university. Students who transfer to a college environment will find the FTCC transfer/transition process to be handled seamlessly. Program for Working Adults and Certified Fire Fighters. Earnest Ward (FTCC Fire Training Program Coordinator) and I have outlined several courses within FTCC's Fire Protection Technology program that will transfer curriculum credit hours from the Fire Academy and the Executive Fire Officer courses. A similar crossover credit is available for military firefighters. Firefighters have seen their hard work and training equate to course credits for Fire Academy graduation and other approved courses. Through this program, FTCC is able to improve the firefighter's technical knowledge while also assisting them in career advancement and professional development. We at FTCC feel this is truly a win-win situation not only for us in our efforts to serve students but also for the firefighter who desires to attain a higher level of professionalism. All interested individuals, both local and distant, can participate, as the program can be completed online, an option particularly helpful to a firefighter's work schedule. Graduates of FTCC's Fire Protection Technology program qualify for employment or advancement in governmental agencies, industrial firms, insurance rating organizations, educational organizations, and municipal fire departments. Employed individuals who complete the program should have opportunities for skilled and supervisory-level positions within their current organizations. The faculty and staff at FTCC work hard to ensure that students' learning experiences are enjoyable, meaningful, and successful. More information on the Fire Protection Technology Associate Degree program is available at FTCC's website, http://www.faytechcc.edu/public_service/fip.aspx. I can be reached at (910) 678-0046. Get "fired up" today by visiting or calling FTCC to learn more! Get Fired Up: Pursue a Career in Fire Protection Technology at FTCC by KEN BUCKEY KEN BUCKEY, FTCC Department Chair, Fire Protection Technol- ogy, Contributing Writer. COM- MENTS? Editor@upandcomin- gweekly.com. In addition to the associate degree program, two other learning pathways are available in an effort to meet the needs of students and the fire service community: the High School Connections Program and a Program for Working Adults and Certified Fire Fighters. Consider These New Year's Financial Resolutions by STEVE McDAVID The new year is a great time to take a look at finances. STEVE McDAVID, Edward Jones Financial Advisor. COMMENTS? Editor@upandcomingweekly.com. 910.484.6200.