money

Why You Shouldn’t Keep the House

A financial consultant's best advice for those going through a divorce

There are some incredibly important life and financial lessons those who have been through a divorce, especially with kids, will share. Among them, protect your assets. To do that, however, you may have to do some things you feel are counterproductive. Christina Lynn, of Lynn Financial, has learned this all too well, having gone through the process herself. One of…

5 Financial Questions to Ask Before Tying the Knot

It is perhaps one of the most important conversations to have with a significant other, yet one of those we tend to avoid at all costs as we prepare to spend the rest of our lives, homes and finances with another person. Personal finance expert, Christina Lynn of Lynn Financial, outlines the five most important financial discussions to have before…

These Are The Highest-Paid City Employees In Sioux Falls

SIOUX FALLS, S.D. – It’s no secret that city employees’ paychecks come from taxpayer money. So, have you ever wondered who the highest paid city employees are? Hint – it’s not the mayor. The city says it hires independent consultants every eight to 10 years to make sure it’s recruiting top talent. The city doesn’t want to lose employees to…

Salvation Army Seeking Bell Ringers in Sioux Falls

SIOUX FALLS, S.D.- It’s that time of year again where you see red kettles and bell ringers out at local stores collecting donations for the Salvation Army. This year marks the non-profit’s biggest monetary goal yet: $350,000. To reach this goal, they not only need people to donate money, but also their time through volunteering. They’re looking for about 15…

Mayor TenHaken Proclaims This Saturday as “Small Business Saturday”

SIOUX FALLS, S.D. – It’s official. Once again, Sioux Falls tops Forbes list of great places for small businesses. Forbes says the city’s GDP is $18-billion; not bad for a relatively small population. Now, Mayor Paul TenHaken has made a proclamation to keep those dollars circulating in the community. Del’Inkka Beaudion brought a piece of Louisiana with her when she…

Black Friday Finances: How to Avoid Overspending This Holiday Season

SIOUX FALLS, S.D.- How much are you spending this holiday season? According to the National Retail Federation, consumers will spend on average over $1,000 shopping this holiday season. That’s 4 percent more than last year. It’s the season for deals and according to Christina Lynn with Lynn Financial, this will be  a good year for shoppers as the economy is…

Changes in Lyft Market One Year Later

SIOUX FALLS, S.D.-It’s been a year since Lyft came to Sioux Falls and within that time the ride-sharing service has evolved. Tom Anez was one of the first Lyft drivers in Sioux Falls. He started driving October 24th 2017. He says a lot has changed since his first day. “We probably had less than 50 drivers out by that weekend,”…

Pop Up Breakfast Raises Money for a Good Cause

SIOUX FALLS, S.D.- Sanaa’s 8th Street Gourmet, a popular Downtown Sioux Falls restaurant is usually closed on Sundays, but Sanaa opened up her doors this morning for a good cause. The restaurant held its first ever pop up breakfast. Sanaa’s usually serves Mediterranean food, but people were in for a treat today, as a traditional syrian breakfast was on the…

TenHaken Proposes $498 Million Dollar 2019 Budget

SIOUX FALLS, S.D. – Sioux Falls mayor Paul TenHaken is sharing his first budget address as mayor. He’s budgeting $498 million dollars for 2019. This is the largest proposed annual budget in Sioux Falls history, topping the previous record of $471 million in 2016. TenHaken’s administration calls the record-breaking proposal “cautious and realistic.” Sales tax is bringing in more revenue…

“It does start adding up quite a bit” – Teachers Sell and Swap School Supplies

SIOUX FALLS, S.D. – According to a Federal Department of Education survey, 94 percent of teachers spend their own money on school supplies without reimbursement. This means many teachers are spread thin. Tonight, teachers in South Dakota, Iowa, Minnesota, and Nebraska are teaming up to cut costs. “You gotta keep up with the times,” said one teacher. Teachers are meeting…

South Dakota AG Community: Critics of Trade War & Bailout Plan

The president announced Tuesday, July 25th, a $12 billion plan to pay farmers for their losses and find new global markets.   However, some in South Dakota’s ag industry say a bailout won’t stop the damaging domino effect of the trade war with China. “It’s kind of a poor bandaid to put on for the time being,” said Scott Stahl,…

Minnehaha County Commission Votes Against Opt Out

SIOUX FALLS, S.D. – In a four to one vote, the Minnehaha County Commission voted not to increase property taxes in the county for next year. Most of the county commissioners agreed Tuesday afternoon that the 2019 balanced budget is already set in stone, so there’s no need to worry taxpayers for now. If approved, homeowners would have paid about…

EmBe Holds First Ever ‘EmBeCause Day’ to Raise Money

SIOUX FALLS, S.D.- How much money can you raise in 24 hours? That’s what the organization EmBe is finding out with its first ever EmbeCause day. Organizers are trying to raise 20 thousand dollars in 24 hours. They’re doing hourly challenges, awards and incentives on Facebook to motivate people to donate. Among the prizes are winning a lunch with Mayor…

Financial Advisers React To Recent Dow Jones Drops

Sioux Falls, S.D.- This week has been a stressful one for wall-street experts with the big drops in the Dow Jones Industrial Average. “Honestly, I think this is fairly normal, fairly predictable,” says Thompson Private Wealth President Ray Thompson. The Dow Jones dropped over one-thousand points on Thursday. At the beginning of the week, the Dow Jones also dropped over…

House Panel To Debate Lawmaker Pay Constitutional Amendment

PIERRE, S.D. (AP) – A South Dakota House committee plans to debate a measure that would ask voters to give lawmakers a pay raise. The House State Affairs Committee is scheduled to take up the resolution Wednesday. Top lawmakers are sponsoring the measure that would set legislators’ salaries at one-fifth of the median income. U.S. Census numbers for 2015 show…

Out-Of-State Money Ban For Initiatives To Appear On Ballot

PIERRE, S.D. (AP) – South Dakota’s chief elections official has cleared a measure that would ban out-of-state fundraising for citizens’ initiatives to appear on the November ballot. Secretary of State Shantel Krebs’ office said Thursday the ballot question will be named Initiated Measure 24. The measure’s approval could be challenged. The initiative would prohibit contributions to ballot question committees from…