Teach Your Teens the Value of Money

first_imgAs your teens grow older and come closer to adulthood however, it just becomes important to teach them how to be responsible and independent. This is especiallytrue during the teenage years because much of what they learn about the value of hard work, responsibility, and money during this time will shape their adultbehaviors.Teaching a child the value of money is not all that difficult and you can start rather early. Something as simple as having a “piggy bank” is great way to teach childrenhow to save early on in life. It’s a first step towards them learning how to not squander money on small things but rather to save for something more important such asa car, their college education, a home, or for the “rainy days.”It is pretty well known that something given to you rarely has as much value as when you’ve worked to get it. A sure way of not instilling these values in your childrenis to give them far more than what they need and without them lifting a finger for it. Buying them expensive clothes or the car they always wanted may make themhappy and be important for their status, but you’ll likely end up teaching them how to be dependent rather than independent.Even if you paid for your child’s first car in its entirety, having them continually work to make token payments on it or the insurance premium can instill the sense thatthey’ve worked for what they have.As children get older, working odd or part time jobs can teach them a great deal about responsibility, the value of hard work, and how good it feels to earn what youhave.These times it’s extremely difficult for a child to buy their first car or to pay for college all by themselves. It’s hard for parents to do the same, especially if you havemultiple children, and especially if you haven’t started saving early. Not preparing for these expenses could mean having to buy an inexpensive car with constant repairbills that eat up more money in the end.When it comes to handling money, the example you give your children may be the most potent lesson of all.For professional help just log on:http://www.abundantlifeacademy.com/(link is external)http://www.troubledteens4jesus.com/(link is external)http://www.troubledteenministries.com/(link is external) They can be of great help. Abundantlifeacademy Group’s schools and programs excel at finding anindividualized plan for troubled children and teens. Their purpose is to introduce, or re-introduce, their students to the Holy Spirit. There are ways to help manage thedepressions and all it takes is some effort to find those answers.About Author: Nivea DavidFor listings please visit http://www.abundantlifeacademy.com/(link is external) (Leading Website For Troubled Teens) TroubledTeen Help You can also visit http://www.troubledteenministries.com/(link is external) For Troubled Teens Campslast_img read more

DoD appeals judge’s ban on mandatory anthrax shots

first_img In an appeal filed May 16, DoD is arguing that the lower court judge overrode the Food and Drug Administration’s (FDA’s) scientific judgment on the vaccine and that the injunction is endangering “countless” service personnel for the sake of the six people who sued to stop the vaccination program. “The district court compounded that error by substituting its own judgment of AVA’s efficacy for the contrary scientific conclusions of the Food and Drug Administration,” the brief states. Jim Turner, a Pentagon spokesman, said the plaintiffs in the case are due to file a response to the DoD appeal by Jun 30. Last January, the FDA issued an emergency authorization for DoD to resume giving anthrax shots, but only on a voluntary basis. After getting Sullivan’s approval of the emergency authorization, DoD announced earlier this month that the voluntary program would go forward. But officials said they would continue to seek authority to restore the mandatory program. “The sweeping injunction . . . sets aside the military’s judgment as to the optimal means for protecting against the threat of anthrax without any gain in safety,” the brief states. “The interests of thousands of members of the armed forces are not aligned with those of the six plaintiffs. The court’s ruling jeopardizes the safety of the countless persons who have never been made part of this action.” May 25, 2005 (CIDRAP News) – The Department of Defense (DoD) is seeking a federal appeals court’s permission to revive its mandatory anthrax vaccination program, which was stopped by a lower court’s ruling in October 2004. A May 23 report by GovExec.com said John Michels, attorney for the plaintiffs, declined to comment on the DoD appeal before the response is filed. More than 1.3 million people have received the anthrax vaccine, called Anthrax Vaccine Adsorbed (AVA), in the DoD program since 1998. But the vaccine has been dogged by concerns about alleged side effects. Hundreds of service members have refused the shots, and some have been punished or forced out of the military. It says the FDA has repeatedly confirmed that the vaccine is effective for all forms of anthrax exposure. DoD asserts that Sullivan’s ruling relied on the finding of a 1985 FDA advisory committee that the vaccine’s “efficacy against inhalation anthrax is not well documented.” But the FDA has explained that that conclusion was based on a “misunderstanding” of the data, the brief says. DoD appealed Sullivan’s ruling to the US Court of Appeals for the District of Columbia Circuit. In its brief, the department argues that Sullivan’s ruling “intrudes” into the military’s efforts to protect troops from possible anthrax attacks. DoD also argues that it is “wholly unnecessary” to stop the entire vaccination program for the sake of the six service members and civilian contractor employees who sued the department over objections to the shots. Moreover, even if the FDA’s actions affirming the vaccine were “ineffective,” the vaccine’s original license granted in 1970 by the National Institutes of Health (NIH) would still be in effect, DoD contends. That license was not limited to particular routes of anthrax exposure. “Formal FDA confirmation of the license was not required to ratify the terms of a license already in existence,” the brief states. The NIH was responsible for licensing vaccines and drugs until 1972. US District Judge Emmet G. Sullivan in Washington, DC, ruled late in 2003 that the FDA had never specifically approved use of the vaccine for preventing inhalational anthrax. The FDA then affirmed that the vaccine could be used for that purpose, but in October 2004, Sullivan ruled that the agency had ignored its own rules in making that affirmation without inviting public comments.last_img read more

Nordic roundup: PensionDanmark, Bergen Kommunale Pensjonskasse, TELA

first_imgPensionDanmark’s latest real estate transactionPensionDanmark has invested in a retail and residential building in Lyngby to the north of the Danish capital Copenhagen.The DKK222bn (€29.8bn) pension fund did not disclose the price of the deal.The deal involved the purchase of 4,200 sqm of space from turnkey contractor KPC, along with long-term leases. Torben Möger Pedersen, chief executive of PensionDanmark, said: “This is a very well-located property with retail areas on the ground floor and a basement car park that PensionDanmark is buying, and there will be homes built on the upper floors.”He said the property would be rented out on long-term irrevocable leases, so the pension fund could look forward to a “solid and stable return for many years for the benefit of our members”.KPC has agreed to sell the property on completion of the development, which is expected to happen in 2019.The property will be leased by retail group Dansk Supermarked Ejendomme with an operator contract with Q-Park for the carpark, while the residential units will be leased to public housing association Lyngby Almene Boligselskab.Bergen pension fund doubles annual returnMeanwhile, Bergen Kommunale Pensjonskasse (BKP) – the pension fund for the south-west Norwegian municipality – released annual figures showing it doubled its investment return last year to 7.2%, from 3.3% in 2015.The pension fund said: “For several years, our asset management has delivered a return far above the risk-free return, and this means we are well equipped to cope with volatile markets in the future.”BKP has a long-term goal of an annual 5.5% return.The pension fund said its strategy had functioned well under prevailing market conditions and that the long-term target was realistic.BKP’s equity capital rose by NOK111m (€12.1m) over the course of 2016 to end the year at NOK1.38bn, and total assets stood at NOK15.30bn.Finnish pension funds add 4.2%In other news, Finnish pensions alliance TELA said earnings-related pension assets in the country grew by €7.6bn last year.This marked a rise of 4.2%, to €188.5bn in total at the end of the year. Peter Halonen, analyst at TELA, said: “Financial markets recovered surprisingly well, especially after the political surprises and other uncertainty factors experienced during the year.”In the last quarter of 2016, the best returns were obtained from the equity market, he said.At the end of the year, €95.2bn of earnings-related pension assets were invested in equities, equating to 50.5% of overall assets – the first time equities had reached more than half of total assets, Halonen said.Fixed income investments accounted for about €77.8bn or 41.2%, while real estate investments made up around €15.4bn or 8.2%, the data showed. “The volume of pension assets indicates that Finland has prepared well for population ageing and rising pension expenditure,” Halonen said.last_img read more

Combate Fresno: Zoila Frausto vs. Reina Cordoba fight date, price, how to watch, live stream

first_imgJoin DAZN and watch Combate Fresno: Frausto vs. Cordoba on August 2Cordoba (9-1) returns for the first time since May 2017. She got her MMA career off to a rapid start, winning her first eight fights, seven by stoppage. The native of Costa Rica suffered her first loss to Sabina Mazo and then bounced back for a second-round submission of Alejandra Orozco a little over two years ago.This is a solid test for Frausto to see where she is at this stage of her career. Here is everything you need to know about Combate Fresno:How to watch Combate Fresno on DAZNCombate Fresno is available on DAZN, the global live-sports streaming service, as well as Univision.A new subscriber to DAZN can sign up for a monthly subscription or annual pass to watch the fight. The annual pass — which includes access to all of DAZN’s live events, as well as highlights, replays, behind-the-scenes features, original shows and live reports — is $99.99, which averages out to a little over $8 a month. For those who want a monthly-plan instead of the longer-term value, fight fans can sign up for a monthly option for $19.99.For current subscribers, the fight is already included as part of your plan.DAZN is available on a variety of platforms, including Roku, Apple TV, Google Chromecast, iOS, Android, Xbox One, Playstation 4 and Playstation 3, as well as Chrome, Firefox, Internet Explorer and Safari browsers via DAZN.com. Zoila Frausto continues her comeback when she meets Reina Cordoba on Friday in the main event of Combate Fresno at the Save Mart Center in Fresno, Calif., live and exclusively on DAZN. Frausto (14-5) returned from a three-year hiatus in February to stop Jaimelene Nievera in the first round at Combate 31. After a seven-fight win streak, the former Bellator strawweight champion lost four in a row before taking her leave of absence. She transitioned to Muay Thai and kickboxing, going 6-0 in those styles before returning to her roots earlier this year. What time does Combate Fresno start?The six-fight prelims are slated to get underway at 10 p.m. ET, with the main card kicking off closer to midnight.Combate Fresno fight cardMain cardZoila Frausto vs. Reina Cordoba; Women’s FlyweightJ.C. Llamas vs. Joaquin Lopez; WelterweightIsaiah Batin-Gonzalez vs. Jesse Strader; BantamweightPreliminary card Adrian Guzman vs. Jose “Froggy” Estrada; Catchweight (150 pounds)Paul Elizondo vs. Mike Tubera; FlyweightJose Avalos vs. Trey Branch; BantamweightAlbert Gonzales vs. Javier Pedroza; Catchweight (180 pounds)Brock Dias vs. Carlos Figueroa; FeatherweightAustin Liu vs. Daniel Oseguera; Bantamweightlast_img read more

Illinois Now Alone in Having No Budget Nonprofits Struggle with States Frozen

first_imgShare47TweetShare15Email62 SharesMarch 30, 2016; CNBCAnd then there was one. Illinois is now the only state continuing to operate its government without its required budget, making it ground zero for the national debate between Republicans and Democrats over the role of government and fiscal policy and providing us with an ongoing case study of how “small government” will affect the schools, social service agencies, and public services that are woven into the fabric of our communities.The frozen state of the State has been particularly challenging for the state’s colleges and universities, both public and private. As spring semesters draw to a close and the admission process for next year’s class is at its height, the current and future harm are both becoming clear. For the state’s public university and college systems, the lack of a budget has meant no state funding at all in the current fiscal year.After nine months of inaction by the state’s political leaders, we have learned much about the strength and resilience of the organizations that have been forced to operate without the funds they expected from the state. The numbers tell a story of the commitment Illinois had been making to its institutions of higher education. The state’s flagship University of Illinois system was expecting as much as $660 million in direct state funding, or about 12 percent of their total annual revenue. Another large institution, Southern Illinois University, was expecting a state allocation of $220 million, or about a quarter of its operating budget. At some of the state’s smaller institutions, the holding back of state funds poses an even larger challenge. For example, direct state funding represents more than 30 percent of Chicago State University’s $100 million operating budget.The state’s scholarship program, the Monetary Assistance Program (MAP), which particularly supports low-income students, was expected to provide over $300 million to Illinois students this school year. While this is direct aid given to students to be applied against their tuition, schools recognize that replacing these funds is beyond the financial ability of many of their students and have taken on at least some of the burden of filling the gap. This burden falls on both public and private colleges and universities that desire to serve a range of students, rich and poor.The larger institutions, those with a sizeable endowment and a large, wealthy alumni network, have had resources to cushion the blow. They have been able to limit the need to cut deeply into their programs by drawing down or borrowing from their reserves. Smaller schools without this foundation to rest upon have found it necessary to take more drastic action to get through the year. Chicago State University will end its school year early and expects to lay off hundreds of employees out of a total head count of less than 1,000 at the end of April. Eastern Illinois University recently informed its community that it would “need to lay off 177 civil service employees and have administrative and professional employees take a specified number of unpaid days off in March, April, May, and June.”If this year has not been easy, next year may well be much worse. There is a real possibility that that there will not be a budget for FY 2017. Universities and colleges now need to plan for how they will operate without any state funding for a second year. As Southern Illinois University President Randy Dunn said recently to Inside Higher Ed:We’re seeing this incremental dismantling of our universities piece by piece, as people get laid off and things get shut down. Over time you turn around and you wonder what happened to your university. Piece by piece it just disappeared on you. I worry that we started down that path.And it will be the smaller institutions, those who have had already needed to drain limited resources, that may be forced to choose between severe reductions in the scope of their program in order to balance their budgets almost totally on tuitions or closing down totally.Low income students, those most dependent on MAP grants, will feel the hurt as fewer schools will be able to let that part of their expected tuition income slide waiting for Illinois to have a budget and fund the program. The uncertainty and turmoil that this situation drops into each campus also pushes students to consider other options, including transferring to schools in other states.The harm being done to higher education is mirrored in the state’s social service and education sectors. Those not protected by court orders or special funding agreements have been using their reserves, borrowing funds, and cutting expenses in order keep doing the work the State of Illinois has asked them to do. While few have closed, the total human impact has been significant. If the standoff does go into a second year, the fallout will be much greater, as their resources have already been heavily committed getting through the current year.Will the political leaders of Illinois recognize that enough harm has been done already and look for a way to resolve their standoff? Unfortunately, it’s not looking that way right now.—Martin LevineShare47TweetShare15Email62 Shareslast_img read more