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No Work Ethic Is Like Having A Lifetime Participation Trophy

In Blog by Gregg Murset

I hate participation trophies! The participation trophy attitude is one of the reasons we’ve raised (and are still raising) a generation of kids who believe that just because they show up or are on the team, they are entitled to all the honors and rewards. While the intent might have been good, for the most part, we have unleashed a new workforce that now demands higher pay, more days off, flexible hours and less expectations …

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Should I Pay My Kids an Allowance?

In Blog by Mike Prusinski

There are a lot of questions when it comes to the best way to raise your children. In fact, it may be one of the most debated topics out there — and for good reason. While everyone wants their kids to grow up and become upstanding members of society, the methods used to instill these values will differ with each family. One strategy that has been used to teach kids about responsibility and a strong work …

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Allowance – It Should Be About More Than Just Money

In Blog by Gregg Murset

Do your children earn an allowance for helping around the house (doing chores)? If not, then listen up because they should be. During my more than 20 years as a Certified Financial Planner, I’ve heard plenty of reasons why a parent doesn’t want to pay an allowance for kids doing chores. Just none of them make sense if you are looking at the deeper meaning behind paying an allowance. We all need the motivation to …

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Hey Kids, Did You Hear That? Probably Not!

In Blog by Mike Prusinski

Recently I was watching a TV program where a camera crew provided a behind the scenes look into one of the top college football programs in the country. This show does a great job of capturing the demands of being a college athlete, as well as, a college coach, on and off the field. In this episode, the head coach addressed his team after it just barely won a game against a smaller program.“Men, what …

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It’s Time To Admit It … We’re Stupid About Money

In Blog by Gregg Murset

Every day I see more and more evidence that we’re totally stupid when it comes to money, and I’m not sure we’re going to get smarter any time soon. For example, according to the National Foundation for Credit Counseling’s (NFCC) “2015 Consumer Financial Literacy Survey”, 41% of adults gave themselves grades C, D or F with regard to their personal finance knowledge, 29% have not saved anything for retirement, 34% have no savings, 60% do …

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Chores Do More Than Keep Your House Clean

In Blog by Mike Prusinski

Growing up, my Dad would always tell me “You don’t understand it right now, but doing your chores is good for you.” How in the world was it good for me? Sure, I received a small weekly allowance (small by today’s standard) but there was no way that cleaning my room, mowing the grass or taking out the trash, was linked to some bigger plan. Right? No way! Well, guess what … It now appears …