With the economic crisis hitting everyone in the pocketbook, it’s more important than ever for parents to talk to their children about how to manage money. New Year’s — a prime resolution time for millions of Americans — is a great time for children and their parents to learn better spending and savings practices together.
Forty-six percent of American families hold a credit card balance according to the U.S. Census Bureaus 2004 statistics. And in 2007, more than 800,000 bankruptcy cases were filed in the United States.
Managing money is a family affair. By resolving to set financial goals and working together to practice management, families can enjoy independence and security. “Parents and their children can learn from and challenge each other to plan better ways to use the money they earn and save,” says Scott Oberkrom, director of Community Investments at American Century Investments.
Local video producer Cathy Evangelista, deciding that there is quite enough documentary coverage of celebrities’ lives - worthy or not - available for popular consumption, chooses to point her camera in a different direction.
When George Leigh Mallory was asked why he wanted to climb Mt. Everest before his ill-fated attempt, the British mountaineer answered, “Because it’s there.” For much the same reason, others climb the 114 steps to reach the summit of the Harbour Town Lighthouse, where they can explore the island’s rich history on the way to The To p of the Lighthouse Shoppe and the observation deck.
The nine most terrifying words in the English language are: ‘I’m from the government and I’m here to help,’” said President Ronald Reagan in one of his many famous quips. So what is a Beaufort County business owner to think when a former United States Secret Service agent calls to say that he’s coming to audit your business for the county?
