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Collection: Newspapers > Nevada County Nugget

March 11, 1976 (12 pages)

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SAN FRANCISCO savings account is still the amount at the same time each first step toward achieving long-range financial goals with financial security serve as a building block for larger and more diversified savings and investment programs, the bank counsels. But it must be in the right savings program geared to personal preferences, goals, financial situation and Set a goal, the bank advises, adding, ‘You'll save if you have a definite reason.” Goals might include travel, “education, upcoming expenses like taxes, the down payment on a house, or a nest egg for the future. — . A thebank says. “Save the same available for saving. Check’ paychecks for overwithholding of income Carry only as much money taxes. as you'll need. With less cash’ Save coins. Designate a available for “impulse special coin for savings a buying” you may find more nickel, dime, quarter — and But put some stretch in it, . the bank continues. The plan include a fund for emergencies. “Between two and six. months’ take-home pay is considered a good range for an emergency,” the report “Pay yourself first,” the _Teport goes on. Your savings goal is reached payday by percentage of regular income . for savings; or just saving something each month — any amount is better than none. The bank outlines practical steps to help people save. “Be consistent, regular,” the same time each month.” at E B Ss z£ = é i it Ff ut HH ! i & when your get one, add it to your collection.» The report also looks at other savings plans and types of financial institutions. It investment vocabulary of commonly-used terms, such as bankers’ acceptances, commercial paper and
“Ways To Save Your THE NEVADA COUNTY NUGGET — Thursday, Merch 11, 1976 — 5 Ways to save your money Money” is available at Bank of offices. Also “How To Establish Credit,” and ‘Rights and Responsibilities: Age 18.” Sources of Energy—No. 4 of a series Ifall our fuel looked like this, electricity would be cheaper. PG&E was one of the nation’ first utilities to develop the peaceful use of the atom into a heat source for the generation of electricity. We participated in the first commercial nuclear power plant, Vallecitos in Alameda County, in 1957, and our pioneering plant at Humboldt Bay brought 65,000 kilowatts orr dine in 1963. . “How the atom does it ‘ * 2 «. Inthe simplest terms, here's how a « nuclear power plant work's. Nuclear ~ fuel, enriched uranium dioxide in pellet "s form, constitutes the core of what is called the reactor. When’the uranium _ atoms fisSion (split), heat is given off. This heat boils water, producing steam which drives a turbine generator, thus > producing electricity. The electricity produced in a nuclear plant is just the same as other electricity. Only the fuel used to generate it is different. . Nuclear power plants are expensive to build, but economical to operate: They.can produce electricity at about 40% less cost than new oil-fired plants. When our two nuclear units at Diablo \Canyon go into operation, they will save -our having to buy as fnuch as 24 million * barrels of expensive imported oil a year. a of energy The energy in a nuclear power plant fuel pellet this size equals the energy in 150 gallons of oil Coal one day may be our sixth source urgent efforts to develop all available of primary energy. We are in the process sources, and to find new ways to use Nuclear power is but one of 5 kinds of acquiring reserves in Utah. energy more efficiently, to keep you of naturalenergy PG&E usesto _ Research in solar electricity shows provided with adequate energy and produce electricity. Another is geo" promise, but its use as a major source reliable service at the lowest possible thermal steam at Thé Geysers. It is is, at best, many years away. Our cost. For your part, the effective way to relatively inexpensive, but even by industry's research in fusion, tidal and help control the supply and the spiraling =optimistic estimates, it would supply wind power some day may make them cost of energy, is to use less of it. We only about 10% of our needs by 1985. practical for generating electricity, but encourage you to do so because the A third is water power. PG&E has they simply are not available for planenergy you use is too precious. .and one of the nation’s most extensive © ning today. too costly..to waste. brsdrasiectric «ystems, but overly 9 sites have been developed over the Facing the years. Thats why natural gas and oil — . our 4th and 5th sources—had to become problem together rs oes heat incur seengy sol eee RRCRENSAEton Save energy years, the prices for gas have more than a, eb Agee tepa youll save money, too. Se . doubled and the cost per barrel of lowitself continues to grow. The problem of sulfur fuel oil has quintupled, accountmeeting this growing demand is urgent. PGawk ing for most of our rate increases. For our part, we will continue our HRS * ‘SRLS PSPS PIO ORS ney J ceseametusset sds Terr Sessa es ee pePeE RS RE ASE ase 2 4 i Bd . tosea ets ery ae € ve 2 venvahew > TERED TALE ARS RK