Attend the Boulders game on Saturday, June 18th and support Ukraine. Scan the QR code below or visit tinyurl.com/RocklandUkraine.
Support Ukraine with Boulders tickets on June 18th
Business
Orangetown Parks & Rec has summer job openings
Looking for a summer job? Click here.
Dominican College is now Dominican University New York
Town of Orangetown is now home to a College and a University!
Dominican University New York moves forward with a renewed spirit and dedication to its mission to promote educational excellence, leadership, and service in an environment characterized by respect for the individual and concern for the community and its needs.
8th Annual Nanuet Street Fair Scheduled for June 5th has Something for Everyone
(ROCKLAND/May 25, 2022) — The Greater Nanuet Chamber of Commerce will host its Eighth Annual Nanuet Street Fair on Sunday, June 5th from 10am – 5pm on Main Street. The event has quickly become one of the most popular in Rockland County and attracted more than 15,000 people in previous years. Parking and admission are free. This year’s Fair will feature 200 vendors, a Kidz Zone, jeep show, musical entertainment all day long, and more. Musical performances will include 8th Grade Science Band, The Remedy, Marco Ferreira (acoustic guitar) and The Georgia 5 “80’s New Wave Dance Party”.
The Kidz Zone will include rides, crafts, local dancers, singers, karate demonstrations along with musical performances, and a live reptile show. Children can have an all-access pass for rides and bounce houses for $15 for the day or purchase tickets individually for $5.00 each.
The Nanuet Street Fair will feature plenty of unique food purveyors, wine, beer, and dessert options. Nearly 200 vendors will be onsite selling clothing and jewelry, artwork, quality handmade crafts, along with many local businesses showcasing goods and services.
The jeep show will take place in front of the old firehouse on Prospect Street. People interested in showing their car can sign up that morning for a $10 entry fee. First, second, and third place trophies will be handed out.
“We only host one Street Fair a year, so we want to make sure it’s memorable,” stated Jerry Tuchband, President of the Nanuet Chamber.
This year the Fair’s Premier Event Sponsor is the Tourism Board of Rockland County. Gold sponsors are Veolia and Dynamic Productions. Silver Sponsors include Good Samaritan Hospital, Mercedes-Benz of Nanuet, Rockland Parent and Town of Clarkstown. Ultimate Sponsors are Bailey’s Smokehouse, Luxury Kitchen & Bath, Nanuet Restaurant and Wallauer Paint & Design. Bronze Sponsors include AFC American Family Urgent Care, Jag-One Physical Therapy, Prestige Realty Group and Rockland Bakery.
“We are the only Street Fair in the tri-state where you can pick up a free goody bag when you arrive. The bag itself is a gift but inside are goodies and coupons from local vendors around Nanuet,” stated Tuchband, Fair organizer for the Nanuet Chamber of Commerce. The bags are distributed to the first 500 families who stop by the Nanuet Chamber booth at Market Street.
Due to the number of people expected, attendees are asked to leave their dogs at home for everyone’s safety as well as follow CDC guidelines for Covid.
All information about the Fair can be found at www.nanuetchamber.com and questions can be directed to info@nanuetchamber.com Those interested in a booth should go to www.woodwill.com
This year’s Fair will be chronicled on social media using #NanuetSF22. You can follow the chamber on Twitter @NanuetChamber and on Facebook at www.facebook.com/nanuetchamberofcommerce and on Instagram @nanuetchamber.
Upcoming Webinar: How To Create Generational Wealth for Your Family
Guest Blog Post by Vivian London-Crooks
Accountant/CEO
11 W. Prospect Ave.
Mt. Vernon, NY 10550
Office Phone: 646-851-7264
Fax: 914-243-1263
Email: info@londonstaxservices.com
www.londonstaxservices.com
Do you see many individuals who seem to have it “made” in life? They are debt-free and have never had to worry about student loans, having a down payment on their home, or starting a business so easily. So how are they able to do that? In many cases, these individuals come from the generational wealth that their parents and/or grandparents were able to build. But you can also build generational wealth for yourself and your family.
What is generational wealth? Generational wealth usually includes financial assets such as property investments, money, or anything that has any type of monetary value. This wealth can help elevate the burden of your family and future generations being stuck in the perpetual cycle of poverty and debt.
Unfortunately, 75% of most generational wealth does not make it past the second generation and 90% will disappear by the third generation. The key to having long-lasting generational wealth is educating each of the generations on how to manage, maintain, and grow the wealth that has been passed down to them.
You are now probably asking how you can build generational wealth right now when you are barely making ends meet. It will not be an easy task, but it will pay off in the end. Here are some tips on how you can begin building generational wealth and also help to ensure it lasts for future generations.
1.) Invest in Your Children’s Education
Ensuring that your child or children have a proper education will help to mold financially independent adults, which will help to grow the generational wealth since they will not have to rely on the wealth to live on. You should also be educating your children on losses and failures and how they can either overcome them or avoid them.
2.) Invest in the Stock Market
The stock market is one of the best ways to invest and grow the wealth for your family. This is passive wealth so any income you receive will be taxed differently (usually less) than the income you receive when working a job. Working with a professional and experienced financial advisor will help you create a custom investment portfolio to achieve your long-term financial goals.
3.) Invest in Real Estate
Many individuals are turned off from investing in real estate as they feel the process is too costly and complex to deal with. They also are turned off by possibly having to become a landlord and deal with the hassle of tenants. Real estate is one of the easiest ways to build generational wealth and there are a number of programs available for buying investment properties just as buying a home for yourself. You also have the option of living in the property in the beginning and then renting or leasing it later.
4.) Create a Business To Pass Down
Businesses are another great asset that can be passed down from generation to generation. Even if your children do not specialize in what you do, they can still obtain ownership of the business and hire employees to run the daily operations. Many successful companies, such as Disney, are still owned by the Walt Disney family, but hire CEOs to manage and operate the business.
5.) Have Life Insurance
Life insurance is a great asset that can be passed down generationally. Life insurance ensures you and your family have a safety net that will protect all of you in the event one of you were to pass away unexpectedly. Life insurance will help your family not only have the ability to survive and pay bills but also to have enough capital where they can invest and build wealth.
Generational wealth is crucial in helping families to get out of poverty and debt once in for all. You and your family making the listed investments will lead to breaking that long-term cycle of living paycheck to paycheck that a majority of Americans are caught in. Just remember to educate your children and grandchildren on how to effectively build, manage, and grow the wealth so your family doesn’t end up as the other statistic of losing the generational wealth.