Teach Kids to Save for a Rainy Day

1. Bank it. Encourage kids to decorate four separate piggy banks – one each for Saving, Spending, Investing, and Giving – to help teach about setting money-related goals. Investing money will be used for future investments and Giving money can be donated to a charity of the kids’ choice. 2. Offer an allowance. Assuming you are helping your own children save money, provide a small allowance so there is something to put into the piggy banks. Give the allowance in small bills or coins so kids can physically hold and drop equal amounts of cash into each piggy bank. 3. Make goals. If there are certain things kids want to buy, or if they are expected to save a certain amount of money toward larger items such as bikes, explain that they’ll need to use the Saving piggy bank to collect the needed money. And, if they choose not to spend money out of the Spending piggy bank right away, they’ll be able to buy the items they’re saving for faster. 4. Go shopping. When you go to the store, let the kids take their Spending money with them. If they want to buy something, count out change in the store. Feel free to remind them that, if there is something more expensive they’d like to buy, they’ll have to continue to save for it – and they’ll reach their goals faster by moving Spending money into the Saving piggy bank. However, if they want to buy something, that is their choice as this is their money.

Organized Kitchen

From that first bowl of cereal to the final midnight snack, kitchens are among the most used rooms in the house. Organize it now to make it easy to get around and find what you need later.  Separate dedicated areas. Keep areas for prepping, cooking, and storing food, and then keep similar items – such as baking equipment – together within each of these places.  Store items in clear containers. Small items like tea bags and gravy mixes should be stored with like items in a storage unit that can be easily identified with a quick peek.  Invest in risers and drawer dividers. It’s much easier to access cookware and dishes in cabinets if they’re sorted and stacked on risers. Ditto for small items separated using drawer dividers.  Think seasonally. If you don’t use that crock pot in the summer or the ice tea container in the winter, tuck them out of sight and out of mind until the proper season rolls back around.  Look for a lazy Susan. On countertops, they can be used for oils, spices, and other ingredients you might need at a moment’s notice. And in the pantry, use them to store cans, jars, and condiments.

Unlikeable People

Despite your best intentions to get along with the people you meet, occasionally you’ll encounter someone you simply do not like. If this happens to you, here are a few tips on how to proceed with tact.  Focus on the positive. Even though this person has habits or characteristics that drive you crazy, don’t focus too much on these negative attributes. Try to find something positive to focus on instead. Though this might be difficult, it will likely help you tolerate this person a bit better.  Be kind. It’s true what they say: Act the way you would like to be treated. You don’t need to go out of your way to be friends with an unlikeable person, but at least be nice. If you are polite and kind to him, perhaps his actions will eventually reflect yours. Also, don’t talk badly about him behind his back. Try to be truly kind. This is to help you stay positive and perhaps let go of the negative feelings completely. Love your neighbor as yourself!

Beat Stress

When we’re stressed, we’re less able to focus and we’re doing damage to our overall health. Here are some science-based methods for de-stressing quickly. • Breathe – Stress makes us take short breaths. Concentrate on deep breaths through the nose, exhaling through the mouth, for several minutes to increase oxygen flow and reduce tension. • Pattern Reset – Forcing your brain to focus on something else, such as the repetitive task of doing dishes or knitting, can help get your mind off whatever’s bothering you. • Go for a Walk – Not only will a 10-minute walk physically remove you from any stressful situation, the exercise releases stress-relieving endorphins in your brain. Dancing to your favorite song works, too. • Take an e-Break – We love technology, but it can also cause a huge amount of stress. Turn off your phone or computer to increase your ability to relax, and don’t leave your email inbox open all day. • Have a Snack – It’s important to be mindful about snacking (stress eating is nobody’s friend), but some nibbles can be helpful. Potassium can help modulate blood pressure, which can in turn reduce stress levels, so have a banana. Something like a handful of nuts offers a satisfying crunch and the energy your brain needs to get past the stress.

The Perfect Handshake

• Offer your hand early (shows confidence) and tilt your fingers down so you can get palm-to-palm contact. • Use pressure, but in sync with the other person. If someone’s crushing your hand, shift your weight to your right foot. Your hand will move forward, which will loosen the grip. • Maintain eye contact – but not for longer than 3 seconds. • Don’t forget the closing shake. If your first one was wimpy, you can redeem yourself.

Computer Pain

If you spend a lot of time sitting in front of a computer, you may be experiencing fatigue, as well as aches and pains in your neck, back, shoulders, eyes, wrists, and legs. Relieve the discomfort by following these tips: STEP #1: Give your body support to avoid aches and pains: • Invest in a good lumbar chair and adjust it so your feet rest comfortably on the floor. Press your bottom against the back of the chair and use a lumbar cushion that causes your lower back to arch slightly. Keep your knees in line with your hips or raised slightly above them. Never slump or slouch forward. • Sit close to the desk so your upper arms are parallel to your spine and your elbows are at a 90-degree angle to the keyboard. Put the mouse close to the keyboard to keep your arm from being fully extended. Give your wrists proper support so they rest in a neutral position. • Place the monitor so your gaze is aimed at the center of the screen, which should be 15 to 25 inches away from your eyes. STEP #2: Move regularly to avoid stiffness and eye strain: • Stand, stretch, and walk at least a minute or two every half hour. To stretch, reach both arms above your head. Grasp each elbow and lean gently to each side and feel the side of your body release tension. • Avoid “computer vision syndrome” (headaches and eye strain are symptoms) by using the 20-20-20 rule: Every 20 minutes, look away 20 feet in front of you for 20 seconds. STEP #3: Stay hydrated and nourished to avoid fatigue: • Drink water (or other fluids) to flush out some of the mineral build-up that occurs in inactive muscles. • Eat healthy snacks like fruit and nuts at your desk to maintain your energy and productivity.

Invest As You Age

During your 30s and 40s: These are years of increasing income and increasing demands for your money, particularly providing for your children. • Life insurance is relatively inexpensive at this stage of your life. Buying a policy also is a way of providing for your family’s future. • 529 plans offer tax-advantaged savings for your children’s education. For details, which vary by state, go to www.savingforcollege.com. • Annuities can be a good addition to an IRA or 401k retirement account, and usually have tax-deferred options and guaranteed life income. During your 50s: Prepare for a well-funded retirement during these years. • Remove all risks from your retirement plan. Think about a retirement date and your ability to meet that date. Reduce investments in such things as your employer’s company. • Take advantage of slowing expenses. You are at the top of your earning power, and big expenses, like children living at home, are likely reduced. Consider paying off your mortgage or increasing your investments. During your 60s and beyond: This is a time to enjoy the fruits of your labor. • Test living on projected income before stopping work. If your expected retirement income will be 70 percent of your current paycheck, set aside 30 percent now and see what it’s like to live on the rest. Apply for Social Security and Medicare. Visit these sites to help you make important decisions about these programs: www.socialsecurity.gov and www.medicare.gov.