News from the South - Georgia News Feed
Local financial expert Prince Dykes shares smart money tips for 2025
SUMMARY: As the new year begins, financial expert Prince Dykes emphasizes the importance of setting clear goals for personal finance and investment. He advises against spending tax returns on non-essentials, suggesting instead to invest in opportunities that can grow over time, such as land or child investment accounts. Dykes stresses the need for a tight budget, recommending the review of monthly subscriptions to avoid hidden costs. He comments on the current market euphoria, urging people to invest consistently, starting with the S&P 500. For guidance, he encourages finding licensed advisors and sharing insights through his social media and podcast.
The post Local financial expert Prince Dykes shares smart money tips for 2025 appeared first on www.wjbf.com
News from the South - Georgia News Feed
Richmond Hill votes to roll back millage rate
SUMMARY: Richmond Hill City Council voted to roll back the millage rate from the proposed 4.132 to 3.981, avoiding a nearly 4% property tax increase. This decision followed several public hearings where residents expressed concerns about rising housing costs and the impact of higher property taxes on affordability. Critics questioned the city’s spending, citing funds tied up in unused land and city hall renovations amid infrastructure issues. Georgia law requires public hearings for maintaining or increasing millage rates. Mayor Russ Carpenter emphasized careful financial planning to balance taxpayer relief with maintaining essential city services.
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News from the South - Georgia News Feed
Teen girl, mother killed in ‘domestic murder-suicide’ | FOX 5
SUMMARY: In Johns Creek, a man, James Choi, killed his wife Mia and their 15-year-old daughter Grace, a sophomore at Mount Pisgah Christian School, before taking his own life. Police discovered the family’s bodies during a welfare check at their Glencastle Court home. The tragic incident shocked the local community and school families, who expressed disbelief and sorrow. Mount Pisgah Christian School released a statement emphasizing support for students’ emotional health and extended condolences to the family. Authorities continue to investigate but confirm there is no ongoing threat to the community. The tragedy deeply affected students, parents, and staff alike.
Three family members, including a teen, were found dead in Johns Creek home. Police believe James Choi, 52, killed his wife and daughter before taking his own life. Authorities say the incident is isolated and their investigation remains ongoing.
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News from the South - Georgia News Feed
Why winner of $1.3 billion Powerball jackpot won’t be an instant billionaire
SUMMARY: The Powerball jackpot has risen to an estimated $1.3 billion after Monday’s drawing, marking the sixth time it has surpassed $1 billion and ranking as the fifth-largest Powerball jackpot ever. Despite the huge figure, winners don’t receive the full amount due to federal and state taxes, which can withhold about 37% of the prize. The advertised jackpot reflects the annuitized payout over 30 years, currently estimated at $820.3 million after taxes in states without lottery tax, while the lump sum cash option is about $589 million before taxes. Powerball drawings occur thrice weekly with odds of 1 in 292.2 million.
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The post Why winner of $1.3 billion Powerball jackpot won't be an instant billionaire appeared first on www.wsav.com
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