Steps to Financial Freedom: Teaching Children Smart Financial Habits

first_imgMaking savings and smart financial decision making a part of the daily family conversation is an excellent way for parents to encourage this responsible behavior.What strategies for teaching children about smart spending have you heard about? What works well? What doesn’t work so well? Contributions by Molly Herndon and Carolyn BirdOne of the most important things a parent can instill in their child is a sense of financial responsibility, but talking to children about money is often not a priority for parents. Parents who model smart financial behavior teach even very young children how to make decisions that align with their values and goals. A very basic message parents can share with children is that financial decision-making is about making choices. Parents who are intentional about children how to make choices among many options have a better chance at being successful in helping their children develop the practice of active decision-making. The best news is a little effort can have a big payoff, as these lessons are likely to be carried into adulthood. Here, in the final installment in the November-long “Steps to Financial Freedom” series we offer tips PFMs can suggest to families to teach their children to be savvy consumers.Look for Teachable MomentsA family’s day is made up hundreds of opportunities to talk about money. Whether your client’s family is shopping, watching television commercials, running errands, paying bills, or buying gas, each consumer exchange presents a chance to teach valuable lessons. Encourage clients to take the time to engage their child in the process by explaining what’s happening, asking questions, and answering their child’s questions. A teachable moment can be as simple as letting the child know that if they spend all their money at the fast food restaurant, then there won’t be enough money to buy the action figure when you go to the store later that day or week. It won’t take long for the child to understand that once the money is spent that other items cannot be purchased. Soon, the child will begin to prioritize what is important to them without parental coaching.Parents don’t have to go it alone. The program Thrive by 5 is designed to teach preschoolers about saving and spending. Involving your older children in your decision process can provide valuable lessons. Encourage your clients to help older children learn to be savvy decision-makers by helping their parents identify sales and better prices. Soliciting children’s observations about banking and credit processes gives parents an opportunity to gauge the child’s understanding, correct misperceptions, and to reinforce valid observations. However, the most valuable moments are the observations children make are those of their parent’s financial management practices. So, a great place to start in teaching financially savvy children is to support clients in striving to be a financially responsible role model.Use Current EventsSome parents may avoid topical conversations about the economy and finances in front of their children out of a fear of making their children anxious. PFMs, you can teach your clients that talking about the economy may actually decrease children’s anxieties. Tell clients they don’t have to shy away from discussing the current state of the economy; just find a way to reach the child on their level. The NYU Child Study Center has some suggestions on how to approach the topic of the economic downturn, by a child’s developmental stage.It is important to talk to children if a friend or relative has lost a job. Tell clients to explain why this happens and talk about any anxiety the economy may be causing for their children. Specific to military families, openly discussing how deployment impacts a family’s finances can relieve children’s fears. Prompt clients to talk about changes to a family’s finances and the adjustments that will need to be made.Family Engagement America Saves has a Military Youth Saves program in which kids can take a pledge to save, get tips for saving, and parents can read suggestions for smart saving strategies. We will highlight the Military Saves campaign in a future posting, when the campaign gets up and rolling in the early part of 2012.Families should look for ways to save and budget together so that children can learn by contributing to the development of a healthy spending plan. Tell clients to ask children to come up with new ways to save money in the house. For example, parents can ask children to determine which pizza coupon offers the better deal.Some families might decide to give children allowances in exchange for chores; suggest clients assign a monetary value to certain tasks in the home so that even very young children may begin to understand the consumer process. Parents should also be encouraged to help their child manage their money by supporting their saving for goals, which teaches the lesson of being rewarded for saving.last_img read more

Scientists discover Cthulhu sea cucumber that terrorized oceans 430 million years ago

first_img $299 at Amazon Sarah Tew/CNET $999 CNET may get a commission from retail offers. $6 at Tidal Comments Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. Sci-Tech,I’m shocked — shocked! — to learn that stores are turning Labor Day into an excuse to sell stuff. Wait — no, I’m not. As much as I respect the original intent of the holiday (which became official back in 1894), to most of us, it’s just a bonus day off — one that’s blissfully tacked onto a weekend. So, yeah, stores; go ahead, run your sales. I’m listening. Perhaps unsurprisingly, Labor Day doesn’t bring out bargains to compete with the likes of Black Friday (which will be here before you know it), but there are definitely some sales worth your time.For example:We’ve rounded up the best Labor Day mattress deals.We’ve also gathered the best Labor Day laptop deals at Best Buy.The 2019 Vizio P Series Quantum is back under $999.Be sure to check out Amazon’s roughly three dozen Labor Day deals on TVs and audio. Google Express is having a big sale as well, one that includes deals on game consoles, AirPods, iPhones, laptops and more.Below I’ve rounded up a handful of individual items I consider to be the cream of the crop, followed by a handy reference guide to other Labor Day sales. Keep in mind, of course, that products may sell out at any time, even if the sale itself is still running. Note that CNET may get a share of revenue from the sale of the products featured on this page. $210 at Best Buy See it See It Lenovo Smart Clock: $59.99 (save $20) DJI Osmo Action camera: $261 (save $89) Sprint Best Buy Chris Monroe/CNET An Echo Dot makes a fine match for any Fire edition TV, because you can use the latter to say things like, “Alexa, turn on the TV.” Right now, the 24-inch Insignia Fire TV Edition starts at just $100, while the 32-inch Toshiba Fire TV Editions is on sale for $130. Just add any Fire TV Edition to your cart, then add a third-gen Echo Dot, and presto: The latter is free. Read the Rylo camera preview See It Apple iPhone XS Use promo code 19LABOR10 to get an unusually good deal on JBL’s interesting hybrid product — not quite headphones, and not quite a traditional speaker, but something you wear like neckphones to listen to music on the go. Turo 20 Photos Read DJI Osmo Action preview Review • iPhone XS review, updated: A few luxury upgrades over the XR Sarah Tew/CNET Tidal 3-month family subscription: $5.99 (save $54) $999 $520 at HP Rylo 5.8K 360 Video Camera: $250 (save $250) Rylo $59 at eBay Read Google Home Hub review Lenovo 130-15AST 15.6-inch laptop: $210 (save $90) TVs Speakers Mobile Accessories Cameras Laptops Automobiles Smart Speakers & Displays HP Laptop 15t Value: $520 (save $780) The Cheapskate Share your voice Tags Though not technically a Labor Day sale, it’s happening during Labor Day sale season — and it’s too good not to share. Nationwide Distributors, via Google Express, has just about the best AirPods deal we’ve seen (when you apply promo code ZBEDWZ at checkout). This is for the second-gen AirPods with the wireless charging case. Can’t imagine these will last long at this price, so if you’re interested, act fast. What’s cooler: A snapshot of a firework exploding in front of you, or full 360-degree video of all the fireworks and all the reactions to seeing them? Oooh, ahhh, indeed. At $250, the compact Rylo dual-lens camera is selling for its lowest price yet. And for an extra $50, you can get the bundle that includes the waterproof housing.This deal runs through Sept. 3; it usually costs $500. Free Echo Dot with an Insignia or Toshiba TV (save $50) Slimy, spindly nightmares hauled from the Australian abyss Preview • iPhone XS is the new $1,000 iPhone X See at Amazon Other Labor Day sales you should check out Best Buy: In addition to some pretty solid MacBook deals that have been running for about a week already, Best Buy is offering up to 40% off major appliances like washers, dryers and stoves. There are also gift cards available with the purchase of select appliances. See it at Best BuyDell: Through Aug. 28, Dell is offering an extra 12% off various laptops, desktops and electronics. And check back starting Aug. 29 for a big batch of Labor Day doorbusters. See it at DellGlassesUSA: Aug. 29 – Sept. 3 only, you can save 65% on all frames with promo code labor65. See it at GlassesUSALenovo: The tech company is offering a large assortment of deals and doorbusters through Labor Day, with the promise of up to 56% off certain items — including, at this writing, the IdeaPad 730S laptop for $700 (save $300).See it at LenovoLensabl: Want to keep the frames you already love and paid for? Lensabl lets you mail them in for new lenses, based on your prescription. From now through Sept. 2 only, you can save 20% on the blue light-blocking lens option with promo code BLOCKBLUE. See it at LensablSears: Between now and Sept. 7, you can save up to 40% on appliances (plus an additional 10% if you shop online), up to 60% on mattresses, up to 50% on Craftsman products and more. The store is also offering some fairly hefty cashback bonuses. See it at SearsNote: This post was published previously and is continuously updated with new information.CNET’s Cheapskate scours the web for great deals on tech products and much more. For the latest deals and updates, follow the Cheapskate on Facebook and Twitter. Questions about the Cheapskate blog? Find the answers on our FAQ page, and find more great buys on the CNET Deals page. Turo is kind of like Uber meets Airbnb: You borrow someone’s car, but you do all the driving. I’ve used it many times and found it a great alternative to traditional car-rental services — in part because you get to choose exactly the vehicle you want (not just, say, “midsize”) and in part because you can often do pickup and dropoff right outside baggage claim.Between now and Sept. 1, the first 300 people to check out can get $30 off any Turo rental with promo code LDW30. Comments See at Turo Recently updated to include digital-photo-frame capabilities, the Lenovo Smart Clock brings Google Assistant goodness to your nightstand. It’s a little smaller than the Amazon Echo Show 5, but also a full $30 less (and tied with Prime Day pricing) during this Best Buy Labor Day sale. Angela Lang/CNET Sarah Tew/CNET The problem with most entry-level laptops: They come with mechanical hard drives. That makes for a mighty slow Windows experience. This Lenovo model features a 128GB solid-state drive, so it should be pretty quick to boot and load software, even with its basic processor. Plus, it has a DVD-burner! That’s not something you see in many modern laptops, especially at this price. I thought this might be a mistake, but, no, the weirdly named HP Laptop 15t Value is indeed quite the value at this price. Specs include an Intel Core i7 processor, 12GB of RAM, a 256GB solid-state drive and a 15.6-inch display. However, I strongly recommend paying an extra $50 to upgrade that display to FHD (1,920×1,080), because you’re not likely to be happy with the native 1,366×768 resolution. Turo: Save $30 on any car rental Mentioned Above Apple iPhone XS (64GB, space gray) $90 at Daily Steals via Google Express Google Nest Hub: $59 (save $70) Sarah Tew/CNET See It $60 at Best Buy 7 Read Lenovo Smart Clock review $261 at Daily Steals via Google Express JBL Soundgear wearable speaker: $90 (save $160) Boost Mobile Spotify and most other streaming services rely on compressed audio, which robs the listener of full fidelity. Enter Tidal, the only “major” service that delivers lossless audio — meaning at least on par with CD quality, if not better. Want to see (er, hear) the difference for yourself? Grab this excellent extended trial while you can. It’s just $6 for three months, and it’s good for up to six listeners. Tags Share your voice $155 at Google Express 2 DJI’s answer to GoPro’s action cameras is rugged little model that’s shockproof, dustproof and waterproof down to 11 meters. It normally runs $350, but this deal drops it to $261 when you apply promo code 19LABOR10 at checkout. Formerly known as the Google Home Hub, Google’s Nest Hub packs a wealth of Google Assistant goodness into a 7-inch screen. At $59, this is within a buck of the best price we’ve seen. It lists for $129 and sells elsewhere in the $89-to-$99 range.This is one item of many available as part of eBay’s Labor Day Sale (which, at this writing, doesn’t specifically mention Labor Day, but that’s how it was pitched to us). $999 Read the AirPods review $999 Apple AirPods with Wireless Charging Case: $155 (save $45) This is what Sollasina cthulhu would have looked like on the seafloor.  Elissa Martin, Yale Peabody Museum of Natural History Scientists have discovered a new species of ancient sea cucumber after creating a 3D computer reconstruction of the creature from a 430-million-year-old fossil. The discovery was made by a team of international paleontologists, led by the Oxford University Museum of Natural History, using a fossil discovered in a site in Herefordshire, England. After reconstructing the image of the tentacled creature from the fossil, the team dubbed the species Sollasina cthulhu, after the terrifying monster Cthulhu from H.P. Lovecraft lore. cthulhu-sea-cucumber-3dResearchers ground the fossil, layer by layer, to create a 3D reconstruction of Sollasina cthulhu (the tube feet are shown in different colors). Imran Rahman, Oxford University Museum of Natural History The team at Oxford created the 3D image by grinding away thin layers of the fossil, taking individual photographs at each stage to create a “virtual fossil.”The creature had multiple “tube feet” tentacles that it used to crawl over the seafloor and capture food, according to the research team. The 3D render also revealed an internal ring — a first-time discovery for this group of extinct creatures — that most likely formed part of a vascular system of “fluid filled canals” the creature used to move and feed. While the fossil is only 3cm wide (just over 1 inch), researchers say “its many long tentacles would have made it appear quite monstrous to other small sea creatures alive at the time.”The research was published in Proceedings of the Royal Society B and conducted by researchers from Oxford University Museum of Natural History, University of Southern California, Yale University, University of Leicester and Imperial College London. Amazonlast_img read more

The five craziest bids for Amazons new HQ

first_imgIBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/1:00Loaded: 0%0:01Progress: 0%Stream TypeLIVE-0:59?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Close The five craziest bids for Amazons new HQcenter_img Amazon has received 238 proposals from cities to set-up its second headquarters location. Here are some of the most creative bids Amazon received.last_img read more

60 years of IndoFrench alliance

first_imgTo celebrate 60 Years of Alliance Francaise de Delhi, a 3-day festival would be hosted which would have have an exhibition of photography, round table, musical performances, DJ night and performance by well known artist Ustad Amjad Ali Khan. The first day of the event includes Kal Aaj Kal (Round Table around Indo – French Cultural Cooperation) at 4:30PM followed by the inauguration of a photography exhibition titled ‘The surface of Things’ by Uzma Mohsin, Srinivas Kuruganti, Sukanya Ghosh and Edson Dias. Also Read – Add new books to your shelfOn the second day of the programme, one may find solace in the mesmerising performance of Ustad Amjad Ali Khan at 7PM, while the final day hosts a variety of events. At 11AM the Video Games Space would be inaugurated for gaming enthusiasts. In the afternoon one could take out some time to attend a play by L’Avare by Moliere.The evening on Saturday will host a concert by Jean Du Voyage (French Electronic Music) followed by the most awaited DJ night – Jean Du Voyage feat. DJ RoliWhen: November 24-26Where: Alliance FrancaiseTiming: Day1- 4PM onwards; Day 2- 7PM; Day 3-11AM onwardslast_img read more