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Gallup Sun

Tuesday, Nov 29th

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Inflation Reduction Act raises more revenue for N.M. schools

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The Land of Enchantment’s natural resources are invaluable to New Mexicans. From the rivers and streams, to the forests and valleys, there is much to treasure, appreciate, and protect from a changing climate. Thankfully, with the passage of the Inflation Reduction Act, our air, land, and water  – together with...

Asset protection or asset speculation, which should you choose?

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A broad definition of “safe money” is money you can’t afford to lose. Safe Money tells us one thing is true when it comes to those approaching or in retirement. In the old fable, a bird in the hand is worth two in the bush.

As Baby Boomers grapple with the forces of time, one thing rings more accurate than ever in today’s volatile markets. The need to formulate a plan centered around Asset Preservation vs. Asset Speculation.

Early in our working careers, the name of the game is finding a good income and working hard to save every extra dollar we can salt away for retirement. Accumulation potential and risks are hallmarks of growing money. The difference is the time we have to...

Monkeypox: What is it?

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Monkeypox is a rare disease caused by the monkeypox virus, which is in the same family of viruses that cause smallpox but is much milder. There are currently 22 cases in the state, over 15,000 nationwide, and over 43,000 globally. Like any new disease impacting our state, we at the New Mexico Department of Health want to separate fact from fiction so residents can make informed choices to protect themselves.

Symptoms can include fever, chills, headache, muscle aches and backache, tiredness, and swollen lymph nodes. The best indicator that this is not another infection is a rash that can look like pimples or blisters that appear on the face, inside the mouth, and other parts of the body...

What exactly is an annuity?

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I get asked this question a lot. “What is an Annuity?”

Most people I talk to when it comes to retirement planning either do not understand annuities or have heard much negative press regarding annuities.

I feel the simplest way to explain what an annuity is and why they play a significant role in any well-laid retirement plan is analogous to building a house. What is the first and most important part of a new home? It’s the foundation, of course!

The foundation is the first part of the home to be built. It is the bedrock and basis for the actual home that will be anchored to it. The foundation provides the crucial stability that this new home will rely on to stay anchored and...

State lagging in child well-being, but we can move forward with heart

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New Mexico has dropped back to 50th for child well-being in the national 2022 KIDS COUNT Data Book rankings, although this ranking isn’t comparable to our 49th ranking last year. Still, everyone is likely feeling disheartened by this news. However, even though we are ranked last, our state has made incredible long-term progress in improving child well-being, and we can continue to make progress if we put kids at the heart of New Mexico’s future policy decisions.

Despite New Mexico’s ranking, we have seen real improvements in child well-being over the last decade. New Mexico has improved in 11 of the 16 indicators tracked by KIDS COUNT.

Notably, 7% fewer children live in poverty...

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