May & Company CPAs is celebrating their 70th anniversary of providing services to many local clients.
Since 1949, the firm has provided traditional services of public accounting firms including tax preparation, tax planning, attest services, audit review, business consulting, accounting, bookkeeping, payroll, and Quick Book consulting.
The company is comprised of President Jim Heasley, Deb Mitchell, Kathy Dunham, and Justin Heasley. They work from their offices in the Allegheny Square Building at 45 Seneca Street in Oil City, and they look forward to continue meeting the needs of their clients for years to come.
It’s amazing how a small piece of plastic can have a huge impact on our lives. The concept of credit has been around for thousands of years, but it wasn’t until the early 1950’s that credit cards were introduced in the U.S. Now, nearly 70 years later, millions of Americans own at least one credit card and are bombarded with offers for new cards every day.
Although using credit cards can be convenient, there is a price to pay when they are not handled with care. Below are some best practices everyone should follow when choosing to use credit cards.
First, keep in mind that not all cards are created equal. It may be easier to apply for a card online, but checking with your local credit union or bank could be beneficial as they tend to offer lower rates and fees. Remember, higher credit scores should equal lower rates.
Also, more is not always better. Keeping one or two cards with little balance can be beneficial for your credit score, however, obtaining too many cards and carrying substantial balances can lower your score.
Next, fight the temptation to overspend. Having available credit doesn’t mean you have to use it. Using a credit card may seem harmless, but balances will add up. If you’re going to use your card for everyday purchases, make sure you have money to back it up. Paying off your balance on time and in full each month allows you to avoid paying interest, but paying only the minimum could cost thousands more than you initially charged.
Finally, if you find yourself in overwhelming debt, don’t be afraid to talk to someone. Most financial institutions offer free financial counseling and are happy to help. They’ll work with you to find out if you need a budget or perhaps a consolidation loan to lower your payments. Most importantly, freeing yourself from debt doesn’t happen overnight. It usually requires a lifestyle change, and as hard as that change may be, it’s well worth it when you can say you are debt free.
Erie Insurance announced that Rossbacher Insurance Group is a recipient of the Silver Life Recognition Award for outstanding sales and service with Erie Family Life for 2018. The Silver Award recognizes agencies that have achieved a high level of excellence in Life Sales. Scott Fogle stated: “We are honored to be recognized for meeting the Life Insurance needs of our clients.”
Rachel Allburn, Life Sales Manager of Pennsylvania for Erie Insurance, presented our team with the award.
Erie Insurance would like to also recognize Rachel Allburn, Life Sales Manager, and Sherry Cypher, District Sales Manager, for their continued support and hard work in the Erie Family Life Sales Field.
Leave your family with more than just memories. Leave them secure with Life Insurance. Ask about it today. Email: email@example.com or call: (814) 677 4095.
Our TED Talk recommendation this month is by Christine Porath, who provides insight into the importance of civility in the workplace, and the damaging and costly affects of incivility.
Christine defines incivility as “disrespect or rudeness,” and she emphasizes that “how you show up and treat people means everything.” She goes on to define civility, stating that: “Being truly civil means doing the small things, like smiling and saying hello in the hallway, listening fully when someone’s speaking to you.”
These definitions were followed by several examples of businesses functioning in incivility versus civility. One example told of how the CEO of Cambell’s Soup Company, Doug Conat, was able to turn the company around through encouragement of civility.
“It was all about these touch points, or these daily interactions he had with employees, whether in the hallway, in the cafeteria or in meetings,” said Doug, “and if he handled each touch point well, he’d make employees feel valued.”
The Oil City Rotary Club, with the help of the Oil City Garden Club, King’s Landscaping, Caldwell Signage Solutions, and Take Pride recently replaced the three welcome signs coming into Oil City and are in the process of replanting the bases.
Oil City Rotary funded the project with the help of a matching grant through Rotary District #7280. The Oil City Rotary Club will be celebrating its 100th year of service in Oil City later this year. The club meets regularly at noon on Thursdays in the basement of the YWCA, and once