Guest Columnist

It’s that time of year again for our annual article on end of year financial tasks to complete. It’s hard to believe that 2018 is already drawing to a close as it just seems like yesterday we were celebrating New Years! In between festivities, take a few minutes to knock off a couple financial “to-do’s.”

As we head into the rainy season it’s always good to do some advance preparations for your home or business. The county is still making repairs to storm damage that occurred just two years ago, which caused more than $129 million in damage to public roads and facilities in the unincorporated county.

Sept. 15 marked 10 years since the collapse of Lehman Brothers. The Financial Crisis of 2008 wiped out about 8.8 million jobs, according to the Bureau of Labor Statistics, and caused about $19 trillion in household wealth to evaporate. While the recession officially started in December 2007, we wanted to review a timeline of some key events and also look forward to the future.

This monthly column provides tips for anyone who is helping raise children, based on the world-renowned Triple P – Positive Parenting Program, available to families in Santa Cruz County. If you have a question or idea for a future column, email me at [email protected].

The title is supposedly an acronym for where the name “golf” came from. I don’t like to be politically incorrect but, this is what is called an “old wives’ tale.” Women have been very involved in golf on the Monterey Bay. Marion Hollins, a championship golfer, developed the Cypress Point Club and Pasatiempo Golf Club.

You walk into your local mortgage office (keep it local!) with that smirk on your face that only you and your wife recognize. Right off the bat you announce you have the down payment money and right off the bat you get asked, “you also have the closing cost, I presume…?” Closing cost? What!? You mean everyone in this process doesn’t work for free? Let me tell you, not only do they not work for free, some work for more than others! There are two sections of cost when referring to the closing cost of a home loan. One is recurring closing cost; the second is non-recurring closing cost. The first includes items like your pre-paid property taxes, hazard insurance and that first payment that you don’t send, you know, the one that everyone thinks is free, it’s not.

Nicole Young is the mother of two children, ages 14 and 18, who also manages Santa Cruz County's Triple P - Positive Parenting Program, the world's leading positive parenting program. Scientifically proven, Triple P is made available locally by First 5 Santa Cruz County, the Santa Cruz County Health Services Agency (Mental Health Services Act) and the Santa Cruz County Human Services Department. To find a Triple P parenting class or practitioner, visit triplep.first5scc.org, www.facebook.com/triplepscc or contact First 5 Santa Cruz County at 465-2217 or [email protected].

There are a lot of colorful names to describe suppliers of illegal booze: Rum runners (self-explanatory), moonshiners, bootleggers. What is a bootlegger? In the late 1800s, it was illegal to give Native American Indians whiskey, so traders would conceal flasks of liquor in their boot tops. Previously, we learned how prohibition helped to fund organized crime, and how otherwise law-abiding people developed a thirst for "medicinal" Scotch whiskey. But, Scotch alone does not make a well stocked bar, and not all alcohol was smuggled into the county. Gin was actually the most common liquor consumed during prohibition and much of it was produced locally.

A couple of months ago we wrote about some of the major changes taking place with the passage of the Tax Cuts and Jobs Act last December. However, this month we wanted to focus on two aspects in particular and how you may be able to utilize some of the changes for your benefit.

Throughout California there are discussions about how to address the significant affordable housing crisis. Recent academic and industry studies done on home affordability have shown that in some coastal communities less than a quarter of people earn enough income to be able to purchase a home in their community and many can’t afford rising rents. Seniors are struggling to stay in the homes they own with an overall rising cost of living. Santa Cruz County is no exception.