Thoughts and stories, by Pal

Parents have a lot of wisdom and experience they should share with their children! Parents should be more intentional about financial conversations with kids By  BYU Media Relations  · March 2, 2020 As a parent, there are some topics that can be challenging to talk to your kids about. For a lot of families, money is one of those taboos. But researchers at BYU have found that no matter your level of confidence or know-how with finances, it’s very important just to have conversations about money with your kids. “If those conversations are not happening in the home, then when the kids get old enough to leave the home and they’re suddenly on their own with a credit card, they might not make the best financial decisions,” said Ashley LeBaron, the lead author and former graduate student at BYU. “We’re seeing young adults getting into some pretty sticky situations, potentially that will impact their whole life, because they’re not really prepared for fin...

COVID-19: No Need to Panic By  Carolyn Nicolaysen  · March 9, 2020 The threat is still growing but we can be ready to deal with whatever comes. The COVID-19, has spread to more than 80 countries and territories around the world. China ordered all companies in non-virus-stricken areas to resume operations, but local officials complained that many companies were unwilling or unable to resume business due to the lack of supplies to protect against the spread of the virus: alcohol, disinfectants, and protective masks. The number of confirmed coronavirus cases across the United States has risen to over 500 with 21 confirmed deaths. Italy has imposed a virtual lockdown across the northern part of the country including the financial capital of Milan, in an attempt to try to contain the rapidly spreading coronavirus. The unprecedented restrictions will impact 16 million people and stay in force until April 3 rd . There is some good news. There ...