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Keeping Confidence in Business

Keeping Confidence in Business

I’m convinced that the workplace should be as open and honest as possible. But there are times when an individual or a team needs to work on matters that must remain confidential. It could be for any number of reasons: from reviewing a potential acquisition, evaluating a take-over offer or determining if layoffs are necessary.
Filed in: Leadership, Other, Trust
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Baby, That’s a Lot of Money Part 2

Baby, That’s a Lot of Money Part 2

I recently posted about the U.S. Department of Agriculture’s estimate of the costs associated with raising a child born in 2013; the average was close to a quarter of a million dollars, not including college. According to an article in usatoday.com, parents may need to spend as much as $245,340 to raise a child. But what if you had invested that same amount over 18 years (at $13,630 a year), at an average annual return of 8.00%, it could grow to a little over $600,000.
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Creating a Post-College Plan

Creating a Post-College Plan

I firmly believe that in the realm of risk and reward, there’s no better investment than a college education, even if it means taking out student loans. This is especially true if families do their homework and research the schools that will deliver the best bang for the buck. (For some background, see my recent post on Money Magazine’s college rankings.) But there’s another step I think students and their families should research when choosing a school:
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New Look at an Old Standby

New Look at an Old Standby

Suddenly Mason Jars, those substantial glass containers that your grandmother may have put her homemade jams or pickles in, are being “discovered” by a whole new generation. The New York Times reports that they are showing up everywhere in uses that range from their traditional purpose of preserving fruits and vegetables to more unconventional applications such as cocktail shakers and lighting fixtures.
Filed in: Innovation
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Baby, That’s a Lot of Money!

Baby, That’s a Lot of Money!

The numbers from the U.S. Department of Agriculture are in and they pack a wallop: the average amount of money to raise a child born to a middle-income home in 2013 to age 18 is estimated at almost a quarter of a million dollars. And that’s the average, in metropolitan areas of the Northeast and West, the numbers top that quarter of a mil at $282,480 and $261,330 respectively. And these numbers do not include the cost of college.
Filed in: Preparation, Retirement
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