Wilbur named to the Wilmington College Dean’s List Opal Van Hoose Ruby Yazell Chris Volk North Adams High School holds annual Homecoming ceremonies Six workers injured in power plant explosion Commissioners hold proclamation ceremony for 4-H Week Senior Profile: Shyanne Tucker Coach Young Classic is Saturday at NAHS Helen Kerr Anna L DeMint The garden that got us through the winter months Virginia L Fricker JV Devils top Northwest 51-34 Senior Profile: Caitlin Young North Adams moves to 7-5 with 16-point Homecoming win over Northwest Held to a higher standard Claudia J Purtee Shaylee E Prewitt Questions still linger in Stuart explosion Richard Holsinger J Ruth Madden Frank E Swayne Robert Bechdolt Sara D Hatfield Barbara Goodwin Jeffrey Frederick Grace E Myers Johnny A Sullender Sr. Senator Joe Uecker sworn-in for second term Wenstrup sworn in for third term in House Ronald L Chochard Patrick P Clift Samuel W Freeland Senior Profile: Casey Mullenix Lady Dragons win ugly, taking Classic consolation game over Manchester, 48-45 Greyhounds roll by West Union to take Classic consolation game, 82-58 History made as Ward takes oath of office Peter A Bennington Tangela R King McDonald’s Classic crowns 2016 champions MVP Arey leads Peebles to McDonald’s Classic title, Indians outlast North Adams 82-76 in double overtime thriller Lady Devils get Classic three-peat, make it 10 of 11, 14 titles for Coach Davis Senior Profile: Raegan Dick Teaching students the power of giving Kids at Children’s Home gifted with shopping spree Marion Liming Dorothy Huff John R Murphy Michael L McAninch Rita Rogers Edward L Combs Ronald W Staggs Mary H Grooms Gladys Wilson Donald Barnhill Monda Van Vorren Deborah Spires Senior Profile: Andre Wolke Indians pull away in second half, get past Manchester 71-58 in Classic semis On home floor, Lady Indians move to Classic title game North Adams handles West Union, Devils move to Classic finals with 68-53 victory Lady Devils roll into Classic championship Beth E Rowley Leatrice Lewis Senior Profile: Justin Aldridge Mary Helterbridle Wanda Huffman PES Performing Arts entertains at Hometown Christmas Adams County Manor sends holiday wishes Peebles Lions Club hosts Christmas breakfast Elusive Elf on a Shelf makes a return visit to PES Santas in blue spread Christmas cheer in a very special way Senior Profile: Aubrey McFarland WUHS holds Hall of Fame induction ceremonies WUHS Academic Team has undefeated season Serving those who served their country From Pearl Harbor to ‘America’s Got Talent’, 93-year-old WWII vet is still going strong Yester Years brings a touch of old to the new Merry Christmas to you all North Adams Elementary announces Spelling Bee winners Peebles High School hosts Homecoming ceremonies Children in need receive gifts at PES Adams County Manor holds annual Door Decorating Contest WUHS celebrates with numerous Christmas activities Halftime lead quickly vanishes, Dragons fall to Northwest 73-62 in Saturday night non-conference match up Tammy S Scott Oscar Hilterbrandt Neil R Swayne Beulah M Daniels McDonald’s Classic begins Dec. 27 Letters to Santa Senior Profile: Tyler Swearingen Leadership Adams donates to local outreach programs North Adams student/athletes are part of Holiday Sharing Event Senior Profile: Kylie Lucas West Union Elementary holds Academic Fair on Dec. 2 WUES holds annual Spelling Bee NAHS Art students help out the Humane Society Peebles Elementary announces Spelling Bee winners

Your midyear financial checkup

Setting a few hours aside for a midyear financial checkup in June or July can help you review how you’re doing with savings, investing, spending and debt. It can give you the opportunity to spot irregularities and adjust your budget well in advance of year-end.

If you already work with a qualified financial or tax advisor, consider discussing this review process with them so they can guide you to any specific money issues you should be tracking.

Start by requesting at least one of your three credit reports. The idea is to make sure your credit balances are accurate and to check closely for any irregularities that might signal identity theft. Federal law requires that each of the major credit agencies – Experian, Equifax and TransUnion – give you your most recent credit reports for free (https://www.annualcreditreport.com/index.action) once a year.

If you discover unusual charges or accounts you didn’t open, alert your advisors, take any steps they recommend and otherwise follow the U.S. Federal Trade Commission’s step-by-step identity theft guide (http://www.consumer.ftc.gov/features/feature-0014-identity-theft) to help you take action. Remember to stagger receipt of each of your credit reports throughout the year so you have the opportunity to catch potential irregularities every few months.

Next, turn to your budget or start one if you’ve never made one before. The midyear review should focus on whether adjustments can be made to save or invest more or pay off more debt if more money is coming in from a raise or other resources. If spending is up by midyear, it’s always important to know why and whether funds can be reallocated to better purpose.

Review your retirement and whether you’re maximizing your contributions at work or in your own personal retirement accounts. Those who reach age 50 by the end of the calendar year will be able to take advantage of additional catch-up contribution allowances to beef up their balances as they approach retirement.

Midyear is also a good time to check the adequacy of one’s emergency fund (http://www.practicalmoneyskills.com/calculators/emergency). Emergency funds help keep you from tapping your credit or savings balances in a sudden cash emergency. The amount of money you keep in your emergency fund should fit your needs, but consider a balance of four to seven months of everyday expenses in case there’s a short-term job loss or an emergency repair. Consider keeping a year-round list of potential home, car or personal expenses and decide whether your emergency fund is adequate or you might need to set up other savings accounts to address bigger needs.

Make sure your tax withholding levels are correct. This is particularly important if your income has changed during the first six months of the year and you might be closing in on a higher or lower tax bracket. Consult your tax advisor for assistance, and the IRS features its own withholding calculator (http://www.irs.gov/Individuals/IRS-Withholding-Calculator) to help you decide.

Finally, make sure all your record keeping is up to date. Midyear is a good time to look over all your spending, saving and investment records to make sure all the numbers add up and underlying paperwork is in order. Also consider online banking, investing and bill payment as a way to save more time and money.

Bottom line: Taking a midyear break to review your finances gives you a thoughtful opportunity to spot errors, adjust your budget and save on taxes.

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