- Message from the Business Director
- Renter’s Insurance
- Six Simple Steps to Jump-start Your Emergency Fund
- Need money for college?
- Green Corner
- Snow Removal on Driveways
- Holiday Lights
- Want to know what is happening in your community?
Happy Valentine’s Day: Some Fun Facts
Sixty-two percent of Americans celebrate Valentine’s Day. How do they observe it? Take a look at these statistics:
- Chocolate: Americans buy 58 million pounds of chocolate during the week of Valentine’s Day, spending $448 million.
- Cards: We buy roughly 150 million “Will you be my Valentine?” cards each year.
- Gifts: Men spend an average of $150 on cards and gifts; women spend an average of $74.
- Flowers: 23 percent of us buy flowers or plants as Valentine’s Day gifts: 61 percent of these buyers are men, and 39 percent are women. The top choice? A mixed bouquet, followed by red roses.
- Champagne: Americans buy 174,000 gallons of sparkling wine through Valentine’s week, worth about $8.6 million.
The Department of Defense (DoD) has changed the calculation for BAH and with that, renter’s insurance is no longer part of BAH. As a result of this change, Corvias no longer offers renter’s insurance to incoming residents effective April 1, 2015. Residents who moved in on or after this date are responsible for securing their own renter’s insurance policy.
How Does this Affect Me?
Based on the criteria above you may no longer have the renter’s insurance policy that has been previously provided through Corvias Military Living which included $20,000 personal property and $100,000 liability per occurrence with $50,000 on fire legal liability. The deductible on personal property was $500 and the liability deductible is $0.
What Should I do?
We recommend all residents obtain renter’s insurance immediately. The appropriate amount of renter’s insurance coverage is a personal decision that should be based on the value of your personal belongings.
Why Should I do it?
A renter’s insurance policy provides protection for personal property up to 20 types of loss that can create a financial burden for many families. Take a look at the example below of an actual loss which occurred as the result of a fire started by cooking on a stove.
**You could be liable for the Fire Legal Liability of up to $50,000.**
As you can see, having a typical renter’s insurance policy purchased from USAA or another reputable insurance carrier can save thousands of dollars in what could be one of the most stressful times of your life. The following is a list of USAA representatives servicing the areas near you if you would like to call to discuss purchasing a policy.
- Aberdeen Proving Ground and Fort Meade, Md., Ronney Wright, 757-472-9105 or Ronney.email@example.com
- Fort Bragg, N.C., Dennis King, 803-445-434 or Dennis.firstname.lastname@example.org
- Fort Polk, La., Craig (Russell) Howell, 228-238-4344 or Russell.Howell@usaa.com
- Fort Riley and McConnell AFB, Kan., Joe Romans, 785-213-6892 or Joe.Romans@usaa.com
- Fort Rucker, Ala., Chris Glennon, 850-624-8300 or Chris.Glennon@usaa.com
- Fort Sill, Okla., Gary Thompson, 405-315-1668 or Gary.Thompson1@usaa.com
- Edwards AFB, Calif., Eric Page, 951-318-2334 or Eric.Page@usaa.com
- Eglin AFB and Hurlburt Field, Fla., Chris Glennon, 850-624-8300 or Chris.Glennon@usaa.com
- Eielson AFB, Alaska, Mike Sevy, 253-315-2449 or Michael.Sevy@usaa.com
- Seymour Johnson AFB, N.C., Jim Lewis, 910-467-4540 or Jim.Lewis@usaa.com
We appreciate you cooperation and understanding as we go through this transition. For all questions and concerns, please call your Corvias Community Office.
Saving several months’ worth of living expenses for an emergency fund can be intimidating, especially when it feels like all of your available cash is already accounted for each month. Better Money Habits offers these six simple steps to help you get started building a reserve of cash — bringing with it greater financial security and peace of mind. - See more at: http://www.americasaves.org/blog/1248-six-simple-steps-to-jump-start-your-emergency-fund#sthash.IH1KLp9l.dpuf
· Take it day by day
Putting aside months’ worth of living expenses might seem like an impossibly tall task. But more important than hitting your savings goal right away is simply getting started. To do that, pick a realistic number you think you could work toward in the short term. Some people, for example, might start with a goal of $50 or $100 a month—as little as $2 to $3 a day.
· Pick something and cut it
You could carpool or use public transportation to save on gas, bring your lunch to work or cancel that gym membership or cable subscription you don’t use. You may want to identify one discrete thing you can cut, which can be easier than trying to change your behavior.
· Make it easy on yourself
An easy way to save more consistently is to set up automatic transfers from your checking to your savings account. If you have direct deposit at work, you might be able to set aside a percentage of your paycheck to go directly to your emergency savings account each pay period.
· Don't let debt get in the way
If you’re struggling to pay down debt, saving might be the last thing on your mind. And if your debt carries high-interest rates—like credit cards—it might make sense to aggressively pay down balances first. But if your rates and balances are lower and more manageable, you can work on both goals at the same time: Consider allotting funds to both debt and savings each month.
· Keep your funds accessible—but away from temptation
Emergency funds must be available when you need them. That means not locking them up in accounts that charge you to access your money—or keeping them in an account you’ll be tempted to tap for everyday expenses. Consider creating a separate, interest-bearing, FDIC-insured savings or money market account.
· Now, up the ante
Don’t stop once you’ve hit your initial savings target. Steadily increase your savings goals until you have put aside enough money to cover your expenses for three to six months—a significant buffer against unexpected emergencies. - See more at: http://www.americasaves.org/blog/1248-six-simple-steps-to-jump-start-your-emergency-fund#sthash.IH1KLp9l.dpuf
Don’t forget! Applications for the Corvias Foundation $50,000 Scholarships for children of active-duty service members are due Thursday, February 11. The application is available online at corviasfoundation.org. $5,000 Educational Grants for spouses are due May 5.
Washing dark clothes in cold water can save water and energy while helping clothes retain their color. Do your part and help conserve water!
Please remember that you are responsible for removing the snow from your driveway/walkway when we get significant snow. While hard pack can be present, it’s important to keep it flat, not slippery and even for you and your neighbor’s safety. Make sure your car can get in the driveway without sliding to the side and damaging the doorway (and your car). To help reduce safety hazards you can check out snow shovels and ice scrapers at our Self Help Building on the corner of Artic and Broadway. They are open Monday through Friday 8AM-12PM and 1PM-5PM.
Residents at Eielson AFB are allowed to keep their Holiday light’s up through April 30th due to inclement weather. Please keep in mind that they lights should not be illuminated 15 days after the holiday.
Your community calendar can help you stay up-to-date on trash, recycling, lawn care, resident events and community activities.
You can even sync your community calendar with a personal Google calendar by clicking on the +Google button on the bottom right-hand corner of the calendar.
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Upcoming Events and Important Dates
February 7th: Superbowl Sunday!
February 14th: Valentine’s Day
February 15th: President’s Day – All community office open regular hours