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THE HERALD OUTLOOK Saturday July a 1M Page on Haltcn Hills What if school taught finances it ITS YOUR MONEY Paul J Rocket Cutting up Organizers of the Canada Day celebrations In Glen Williams cut the cake celebrating our birthday and the people who helped main tain the ball park from Into the late 1970s on Saturday They are left to right Alison Schulze chairperson of the Canada Day commit tee Ken Best who represents Neil Best Fred Engleby Marion Catbbert representing Earl Cuthbert Ike was also honored Herald photo Ballinaf ad celebrated Canada Day in style I By BETTY SOJKA Ballinaf ad Correspondent Canada Day in turned out to be a pretty wonderful day Terrific sunny weather added to the successful celebration Bet- ween people were in atten- dance to watch the parade and opening ceremonies The parade was small yet colorful Decorated to the hilt were many bicycles Other participants in the parade included an old car a cute donkey and cart horse and buggy golf cart and a float All of them received prizes The opening ceremonies in cludes a beautiful blend of voices when the Ballinafad United Church Choir sang The Acton Air Cadets were guests Their colour guard performed a well timed step for the raising of the Maple Leaf The community centre now has a flag pole situated in the landscaping project at the front side of the building Delicious hot dogs doughnuts pop and ice cream were served for lunch Activities for the day included a horse shoe competition fish pond running races and face painting The baseball park was officially opened with Doris throwing the first pitch Her words to open the park were I hope this baseball park is more successful than my first pitch It had taken several practice tries to get the desired first pitch Jim Bailey the man who has worked so hard to get the diamond to this stage was the OFF ANY PIZZA OVER 900 1MGUELPH STREET The Deacon Bench 116MAINSTS GEORGETOWN Abo Room 8730674 first official batter The Ballinafad Ladies were in fine form to take on the dignitaries Due to a shortage of dignitaries the team was sup plemented by people in the crowd It was a fun game that had some well executed plays The first of the park was hit by Harry Heidbuart The Ladies won the game in the end Strawberry shortcake was served after the game Other news in the village in cludes that a great time was had by all who attended the Sunday School picnic held recently at the home of Mr and Mrs Reg French Wonderful food and lots of ac tivities kept people fully entertain ed The Ladies game on Wednesday June was cut short to five innings because of extreme ly cold temperatures The Ladies won the game when they were able to revive the batting that was not present in other recent games The team has a full agenda with a game on July 6 and participation in the Glen Williams tournament on the weekend People are reminded to call Bet ty Sojka at 8533691 before July 10 if they want their ser vicesbusinesses featured in the 1969 edition of the Ballinafad Bright Yellow Pages Submissions can also be dropped off at the Ballinafad General Store Kids he said It was a friend of mine speaking and he began to tell me about how proud he was of his teenage daughter who had chosen to work at a summer camp for July and August as a counsellor and instructor Tor the young people coming there for a two week session at camp She didnt have to work as finan cially the family did net need the money but she wanted to work to be independent Dad had picked her up from the camp the previous Friday and driven her home Her total takehomepay for the summer had just been paid to her After deductions for lodging food snacks etc it amounted to for the two months work On Monday she went out and spent it all Is there anything wrong with that Certainly not But what if and that is a big WHAT IF our school system had taught financial matters in that school system particularly the formula for financial success namely Time plus Money plus Rate of Return Add to that the statement that we should save a part of everything we earn What if she had been taught those formulas and applied them even to her meager earnings at camp What if she had taken a part of what she earned such as and in vested 3740 into a mutual fund which averaged 15 over the years and left it until retirement age at 65 She was 14 years old then That would be worth at age Would she have missed that Probably She would only have been able to spend but would it have been worth it If she had invested it and it was worth at age 65 that could have been converted to a monthly in come of per year Statis tics today us that if a woman reaches age she is expected to live another years That means she would have collected 20 SI retirement benefits Because she invested If our school system would teach these simple financial facts and we Canadians learned them and em ployed them in our lives we would all end up wealthy able to purchase more goods and services which in turn would create more jobs which in turn would mean more profitable compan ies which in turn means our Govern ment would not need to tax us at such high rates because a lower tax rate on larger earnings by us and our em ployers would bring more taxes but would still leave us with more to spend because the tax rate is a lower percentage and if we spend more more people are employed and on and on Ifwecontinueassomanyofusdo and spend all we earn or do save for a while only to spend all our savings fabric forum Prepared by the International Fabricate Institute IFI the association ot professional Wake Up Your Sleeping Bags Sleeping bags can come back from a camping trip both soiled and full of odors Getting them clean again is I noprob- follow a few pre- cautions Check the care label on the bag Most sleeping bags can be either or laundered successfully Before washing or check the bag for heavy stains Pretreat stains or point out any problems to your IFI member professional drycleaner Check for any rips or tears and have them repaired before any care process Happy camping BARRAGERS CLEANERS LAUNDROMAT location down the road on luxury items or grand vacations we always have to struggle limiting our wealth and lim iting the amount we can spend from that wealth which means less jobs producing goods and services we cant afford to buy less factories and services earning monies our Govern ment taxing us at higher percentages to fulfill their vast appetite for money leaving us even less to spend less jobs and on and on By not investing 3740 my friends daughter may have lost in retirement benefits which could have been used to purchase goods and ser vices She spent just like the rest of us would and put it into the economy If shed saved it over would have been put into the economy later Paul J Rockel Is the author of the best seller Why I Invest fa Mutual Funds and president of- Regal Capital Planners Ltd Please remember to recycle this newspaper along your glass bottles and jars J aluminum and steel food I beverage cans plastic soft drink containers RECYCLING It only works If we all do our part Long tip lawn darts banned OTTAWA June The Federal Minister of Consumer and Corporate Affairs Bernard Valcourt has announced that elongatedtip lawn darts have been banned as of June The ban was made as an amendment to Schedule I of the Hazardous Products Act and prohibits the sale importation and advertising of lawn darts It came into effect on June This measure confirms the announce ment made by the Minister last May of his intention of banning lawn darts from the market Recent reports of lawn dart in juries especially to children led to this ban Although intended for use by adults these lawn darts had become a summertime hazard for children who played with them The ban means that there will no longer be any elongatedtip lawn darts available for sale said the Minister Furthermore I urge anyone who owns these darts to dispose of them safer models of lawn darts are now available Lets have a safe sum mer OFFICE MAGIC FOR ALL YOUR OFFICE STATIONERY NEEDS 138C Guriph St OOEY GOOEY GOOD TRYOURNEW DELIVERY SERVICE 308GuelphSt NONDENOMINATIONAL PENTECOSTAL ALL PEOPLES CHURCH DELIVERANCE CENTRE Boulavard Bramataa cornarFinchgataMwy BiMe Study Worship Ddvennce Sunday 1 am 700 pm I Wednesday pm WaPrajdc EaUdhMMntmsliilM Pastor A 7922176 TO ADVERTISjp IN THIS SPACE CALL DISPLAY Advertising 8772201