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A Legacy Plan for Your Pets

A Legacy Plan for Your Pets

Since our pets have shorter life spans, we don’t typically think about outliving them. But it does happen. It is estimated that between five and seven million companion animals end up in animal shelters due to the death of their owners. For some pets, they are lucky to be surrendered to a no-kill shelter and will live out the rest of their lives with good care. Unfortunately, another nearly three to four million of them end up being euthanized (60 percent of dogs; 70 percent of cats) when new homes can’t be found.
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Money and Marriage

Money and Marriage

Why do so many couples have trouble talking about money? In a survey by the National Foundation for Credit Counseling, 68 percent of the people responding held negative views toward having a discussion about money with a fiancé. Five percent of them even felt that it might lead to cancelling the wedding.
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Kids, Chores and an Allowance

Kids, Chores and an Allowance

There seems to be an ongoing debate over whether or not a child should be paid to do chores. Most people feel a child should be expected to help out around the house because they are part of the family, not because they get paid to do it. You don’t want to create little mercenaries who balk at helping unless they are paid to do it. But an allowance that is just handed out becomes just that – a handout – and doesn’t help a child learn the connection between work and pay. 
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Raising Money-Savvy Kids

Raising Money-Savvy Kids

The issue of teaching children financial responsibility has become so important that a few states are now requiring students at public schools to take a personal finance class before they graduate.   These classes are designed as an adjunct to – not a replacement for – sensible money management habits learned at home. And while the curriculum typically covers a number of important financial topics, such as budgeting, credit cards, loans, etc., it doesn’t cover personal family values and lifestyles.
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Respecting Caregivers

Respecting Caregivers

I have always had respect for caregivers. It is a difficult responsibility, requiring a great deal of sacrifice and dedication. Not surprisingly, it can also result in a lot of stress and, in many cases, financial as well as physical strain that can impact the caregiver’s own well-being. A recent study by the National Alliance for Caregiving and AARP showed me some of the numbers and really opened my eyes to how extensive the issue of caregiving actually is.
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