15 Rules Kids To Know........................

The 15 Money Rules Kids Should Learn

It's a simple calculus, kids and money: From birth until college graduation, children consume dollars like they're chicken nuggets.

For those of us who aren't independently wealthy, that puts unrelenting pressure on the family pocketbook. The financial demands of raising a child require that money you otherwise might use to prepare for retirement, or to save for a nicer house, a sportier car or a swankier vacation, must, out of necessity, be earmarked for Lego sets and pediatrician visits and school uniforms and Christmas toys and a college savings account and a minivan and a trip to Disneyland … and lots of, well, chicken nuggets.

I'm not saying this to disparage kids. I have two of my own, and money is nothing in comparison to the happiness they bring me and my wife. Yet happiness does not negate the fact that the moment a child arrives -- and, actually, months before the arrival -- your role as an adult changes in dramatic, profound ways.

And so, too, does your family's financial life.

Not only are you now on the hook for tens of thousands of dollars in costs over the next two decades, you also have a new obligation to teach your children about money so that they grow into adults who are at home in the financial world and who have a healthy relationship with money. You, the parent, are the first and most crucial link in that learning process.

Ryan Snook Adapted from "Piggybanking: Preparing Your Financial Life for Your Kids, and Your Kids for a Financial Life." Copyright 2010 by Jeff D. Opdyke. Published by Harper Business, an imprint of HarperCollins Publishers.

A Lot to Teach

I know that money seems a simple technology and one that wouldn't seem to require much handholding. After all, you've been spending it yourself since you were a kid, and you've been earning it at least a few years. What more is there to know about it, really? And what more do you really need to teach your kids that you don't already know yourself? Well, if statistics are any indicator, a lot.

In measuring how well 12th graders understand the basics of personal finance, the nonprofit Jump$tart Coalition for Personal Financial Literacy found that a measly 10% could satisfactorily answer questions about personal finance. Many had no clue how to balance a checkbook. Over all, about half the students failed a test on basic personal-finance literacy.

Yet life as an adult clearly requires knowledge of personal finance. That doesn't mean your child needs an M.B.A. in security analysis or that you need to hire a financial adviser to tutor your preschooler. But kids obviously need better information to more effectively manage their own financial resources one day.

Kids have an infinite ability to hear what parents say, even in those moments we're convinced they haven't heard a word we uttered. Moreover, the concept you're pushing might not sink in the first time. Or the third time. Or the eighth time. But there will come a moment when you say what you need to say for the umpteenth time, and the way you phrase it or the mood of the moment or the experience your child just had will cause your lesson, almost miraculously, to suddenly resonate.

Of course, you might not know it at that moment. You will know it, though, when you see or hear your lessons in action.

Driving back from one of my son's soccer games a year or so ago, a flashy Italian sports car pulled up alongside of us on the freeway and the teammate riding home with us said, "Wow, that guy's rich."

My son, engrossed in a hand-held video game, looked up to glance at the roadster and reflexively replied, "It's not how much money you spend that makes you rich. You don't know; that guy might have spent all his money just to buy that car and he has nothing else. So he might not be rich at all."

Here he was casually correcting a teammate about what is and isn't the definition of wealth, barely having to think about what he was saying. The words were coming out effortlessly. Mom and Dad, he proved, really can make a difference when they set out to instill a bit of financial wisdom in their children.

But my son's commentary was not based on a one-off lecture I'd given him. The lessons had begun early and his mom and I reiterated them time and again.

Make a First Impression

Kids are far more impressionable when they're younger and much less likely to have any sort of experiences outside the family cocoon that could shape their thinking before you do. That's not to say you can't erase the habits or beliefs they pick up, but by the time they're hardened teenagers, your messages won't resonate nearly as strongly.

Ultimately, the aim isn't to mold children who only care about financial riches.. It's to raise children who grow into adults who are financially aware and who are comfortable managing the various aspects of money -- whether spending, saving, investing or giving back.

Maybe your child does accumulate financial riches. Maybe not. But the true measure of your success in this endeavor is that your child, as an adult, never struggles to understand the basics of personal finance.

That will prove a far greater legacy than any inheritance you might one day leave behind.

For Your Information

Do You Know What This Symbol Means?

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By Colin Bird

Do you recognize the symbol here? It lights up in your instrument panel and looks like a U-shaped pictograph with treads and an exclamation point in the middle.

Do you understand what it means now?

If you guessed a low tire-pressure warning, you are right. If you didn’t recognize the symbol, that’s also understandable because one out of three drivers do not, according to Schrader, a company that makes tire pressure monitoring systems.

MORE AT CARS.COM

• » Kicking Tires, the blog for car buyers
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The warning for the TPMS lights up when one or more of your vehicle’s tires is 25% below the manufacturer’s recommended pressure. The system is now required on all vehicles starting with the 2008 model year.

The issue here seems to be that the public hasn’t been properly educated on the warning symbol, which is supposed to be “idiot proof” and understandable across a wide variety of cultures and languages. Yet 46% of drivers couldn’t figure out that the icon represents a tire and 14% thought the symbol represented another problem with the vehicle entirely, according to Schrader.

As we said earlier in the week, properly inflated tires are vitally important to your safety. Low pressure will affect your braking, acceleration, stability, cornering and fuel economy. The government instituted the TPMS mandate after the Bridgestone/Firestone tire failures on the Ford Explorer in 2000, a controversy that was partly attributed to inadequately inflated tires.

Weakness=Strength

Your Weakness = Your Strength

This is a story of one 10-year-old boy who decided to study judo despite the fact that he had lost his left arm in a devastating car accident.

The boy began lessons with an old Japanese judo master. The boy was doing well, so he couldn't understand why, after three months of training, the master had taught him only one move. "Sense i," the boy finally said,

"Shouldn't I be learning more moves?"

"This is the only move you know, but this is the only

move you'll ever need to know," the Sense i replied.

Not quite understanding, but believing in his teacher,

the boy kept training.

Several months later, the Sense i took the boy to his

first tournament. Surprising himself, the boy easily

won his first two matches. The third match proved

to be more difficult, but after some time, his

opponent became impatient and charged; the

boy deftly used his one move to win the match.

Still amazed by his success, the boy was now

in the finals.

This time, his opponent was bigger, stronger, and

more experienced. For a while, the boy appeared

to be over matched. Concerned that the boy might get hurt, the referee called a time-out. He was about

to stop the match when the Sense i intervened.

"No," the Sensei insisted, "Let him continue."

Soon after the match resumed, his opponent made

a critical mistake: he dropped his guard. Instantly, the

boy used his move to pin him. The boy had won the

match and the tournament. He was the champion.

On the way home, the boy and Sense i reviewed

every move in each and every match. Then the boy summoned the courage to ask what was really on his mind. "Sense i, how did I win the tournament with only one move?" "You won for two reasons," the Sense i answered. "First, you've almost mastered one of the

most difficult throws in all of judo. And second, the

only known defense for that move is for your opponent

to grab your left arm."

The boy's greatest weakness had become his
greatest strength..

If you have a similar story of how you turned your weakness into strength, now's the time to tell it. Reply back to this mail id and it might be published in our next mail.

This Is India !

WORLD HISTORY FACTS ABOUT INDIA

Some of the following facts may be known to you. These facts were recently published in a German magazine, which deals with WORLD HISTORY FACTS ABOUT INDIA.

1. India never invaded any country in her last 1000 years of history.

2. India invented the Number system. Zero was invented by Aryabhatta.

3. The world's first University was established in Takshila in 700BC.

More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4 th century BC was one of the greatest achievements of ancient India in the field of education.

4. According to the Forbes magazine, Sanskrit is the most suitable language for computer software.

5. Ayurveda is the earliest school of medicine known to humans.

6. Although western media portray modern images of India as poverty striken and underdeveloped through political corruption, India was once the richest empire on earth.

7. The art of navigation was born in the river Sindh 5000 years ago. The very word "Navigation" is derived from the Sanskrit word NAVGATIH.

8. The value of pi was first calculated by Budhayana, and he explained the concept of what is now known as the Pythagorean Theorem. British scholars have last year (1999) officially published that Budhayan's works dates to the 6 th Century which is long before the European mathematicians.

9. Algebra, trigonometry and calculus came from India . Quadratic equations were by Sridharacharya in the 11 th Century; the largest numbers the Greeks and the Romans used were 106 whereas Indians used numbers as big as 10 53

10. According to the Gemmological Institute of America, up until 1896, India was the only source of diamonds to the world.

11. USA based IEEE has proved what has been a century-old suspicion amongst academics that the pioneer of wireless communication was Professor Jagdeesh Bose and not Marconi.

12. The earliest reservoir and dam for irrigation was built in Saurashtra

13. Chess was invented in India

14. Sushruta is the father of surgery. 2600 years ago he and health scientists of his time conducted surgeries like cesareans, cataract, fractures and urinary stones. Usage of anaesthesia was well known in ancient India .

15. When many cultures in the world were only nomadic forest dwellers over 5000 years ago, Indians established Harappan culture in Sindhu Valley ( Indus Valley India in 100 BC.

Quotes about India

We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made. Albert Einstein.

India is the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend and the great grand mother of tradition. Mark Twain.

If there is one place on the face of earth where all dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India French scholar Romain Rolland.

India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border. Hu Shih (former Chinese ambassador to USA )

ALL OF THE ABOVE IS JUST THE TIP OF THE ICEBERG, THE LIST COULD BE ENDLESS.

BUT, if we don't see even a glimpse of that great India in the India that we see today, it clearly means that we are not working up to our potential; and that if we do, we could once again be an evershining and inspiring country setting a bright path for rest of the world to follow.

I hope you enjoyed it and work towards the welfare of INDIA

What Do We Know About TRUST ?

Trust is Important for Every Relationship


TRUST

Trust is a very important factor for all relationships. When trust is broken, it is the end of the relationship. Lack of trust leads to suspicion, suspicion generates anger, anger causes enmity and enmity may result in separation.

A telephone operator told me that one day she received a phone call. She answered, "Public Utilities Board." There was silence. She repeated, "PUB." There was still no answer. When she was going to cut off the line, she heard a lady's voice, "Oh, so this is PUB. Sorry, I got the number from my Husband's pocket but I do not know whose number it is."

Without mutual trust, just imagine what will happen to the couple if the telephone operator answered with just "hello" instead of "PUB".





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NO POINTING FINGERS

A man asked his father-in-law, "Many people praised you for a successful marriage. Could you please share with me your secret?"
The father-in-law answered in a smile, "Never criticize your wife for her shortcomings or when she does something wrong. Always bear in mind that because of her shortcomings and weaknesses, she could not find a better husband than you."

We all look forward to being loved and respected. Many people are afraid of losing face. Generally, when a person makes a mistake, he would look around to find a scapegoat to point the finger at. This is the start of a war. We should always remember that when we point one finger at a person, the other four fingers are pointing at ourselves.

If we forgive the others, others will ignore our mistake too.





























CREATING PERFECT RELATIONSHIPS?

A person visited the government matchmaker for marriage, SDU, and requested "I am looking for a spouse. Please help me to find a suitable one." The SDU officer said, "Your requirements, please." "Oh, good looking, polite, humorous, sporty, knowledgeable, good in singing and dancing. Willing to accompany me the whole day at home during my leisure hour, if I don't go out. Telling me interesting stories when I need companion for conversation and be silent when I want to rest." The officer listened carefully and replied, "I understand you need television.."

There is a saying that a perfect match can only be found between a blind wife and a deaf husband, because the blind wife cannot see the faults of the husband and the deaf husband cannot hear the nagging of the wife. Many couples are blind and deaf at the courting stage and dream of perpetual perfect relationship. Unfortunately, when the excitement of love wears off, they wake up a and discover that marriage is not a bed of roses. The nightmare begins.














NO OVERPOWERING

Many relationships fail because one party tries to overpower another, or demands too much. People in love tend to think that love will conquer all and their spouses will change the bad habits after marriage. Actually, this is not the case. There is a Chinese saying which carries the meaning that "It is easier to reshape a mountain or a river than a person's character."

It is not easy to change. Thus, having high expectation on changing the spouse character will cause disappointment and unpleasantness.

It would be less painful to change ourselves and lower our expectations.














RIGHT SPEECH

There is a Chinese saying which carries the meaning that "A speech will either prosper or ruin a nation." Many relationships break off because of wrong speech. When a couple is too close with each other, we always forget mutual respect and courtesy. We may say anything without considering if it would hurt the other party.

A friend and her millionaire husband visited their construction site. A worker who wore a helmet saw her and shouted, "Hi, Emily! Remember me? We used to date in the secondary school." On the way home, her millionaire husband teased her, "Luckily you married me. Otherwise you will be the wife of a construction worker." She answered," You should appreciate that you married me. Other wise, he will be the millionaire and not you."

Frequently exchanging these remarks plants the seed for a bad relationship. It's like a broken egg - cannot be reversed.
























PERSONAL PERCEPTION

Different people have different perception. One man's meat could be another man's poison. A couple bought a donkey from the market. On the way home, a boy commented, "Very stupid. Why neither of them rides on the donkey? "Upon hearing that, the husband let the wife ride on the donkey. He walked besides them. Later, an old man saw it and commented, "The husband is the head of family. How can the wife ride on the donkey while the husband is on foot?" Hearing this, the wife quickly got down and let the husband ride on the donkey.

Further on the way home, they met an old Lady. She commented, "How can the man ride on the donkey but let the wife walk. He is no gentleman."
The husband thus quickly asked the wife to join him on the donkey. Then, they met a young man. He commented, "Poor donkey, how can you hold up the weight of two persons. They are cruel to you." Hearing that, the husband and wife immediately climbed down from the donkey and carried it on their shoulders.

It seems to be the only choice left. Later, on a narrow bridge, the donkey was frightened and struggled. They lost their balance and fell into the river. You can never have everyone praise you, nor will everyone condemn you.. Never in the past, not at present, and never will be in the future.

Thus, do not be too bothered by others words if our conscience is clear..
















BE PATIENT

This is a true story which happened in the States. A man came out of his home to admire his new truck. To his puzzlement, his three-year-old son was happily hammering dents into the shiny paint of the truck. The man ran to his son, knocked him away, hammered the little boy's hands into pulp as punishment. When the father calmed down, he rushed his son to the hospital.

Although the doctor tried desperately to save the crushed bones, he finally had to amputate the fingers of both the hands of the kid. When the boy woke up from the surgery & saw his bandaged stubs, he innocently said, "Daddy, I'm sorry about your truck." Then he asked, "but when are my fingers going to grow back?" The father went home & committed suicide.

Think about this story the next time someone steps on your feet or u wish to take revenge. Think first before u lose your patience with someone u love. Trucks can be repaired.. Broken bones & hurt feelings often can't. Too often we fail to recognize the difference between the person and the performance. We forget that forgiveness is greater than revenge.

People make mistakes. We are allowed to make mistakes. But the actions we take while in a rage will haunt us forever.












"Good Life starts only when you stop wanting a better One"

Meet An Idiot ! Do Not Laugh ! He/She May Get Insulted !

IDIOT SIGHTING When my husband and I arrived at an automobile dealership to pick up our car, we were told the keys had been locked in it. We went to the service department and found a mechanic working feverishly to unlock the driver side door. As I watched from the passenger side, I instinctively tried the door handle and discovered that it was unlocked. 'Hey,' I announced to the technician, 'it's open!' His reply: 'I know. I already got that side.' This was at the Ford dealership in Canton, MS

IDIOT SIGHTING:
We had to have the garage door repaired.
The Sears repairman told us that one of our problems was that we did not have a 'large' enough motor on the opener.

I thought for a minute, and said that we had the largest one Sears made at that time, a 1/2 horsepower.

He shook his head and said, 'Lady, you need a 1/4 horsepower.' I responded that 1/2 was larger than 1/4. He said, 'NO, it's not.' Four is larger than two.'

We haven't used Sears repair since.

IDIOT SIGHTING:

My daughter and I went through the McDonald's take-out window and I gave the clerk a $5 bill. Our total was $4.25, so I also handed her a quarter.

She said, 'you gave me too much money.' I said, 'Yes I know, but this way you can just give me a dollar bill back. She sighed and went to get the manager, who asked me to repeat my request. I did so, and he handed me back the quarter, and said 'We're sorry but we could not do that kind of thing.' The clerk then proceeded to give me back $1 and 75 cents in change.

Do not confuse the clerks at McD's.

IDIOT SIGHTING :
I live in a semi rural area. We recently had a new neighbor call the local township administrative office to request the removal of the DEER CROSSING sign on our road. The reason: 'Too many deer are being hit by cars out here! I don't think this is a good place for them to be crossing anymore.'

From Kingman , KS



IDIOT SIGHTING IN FOOD SERVICE:
My daughter went to a local Taco Bell
and ordered a taco. She asked the person behind
the counter for 'minimal lettuce.'
He said he was sorry,
but they only had iceburg lettuce.
-- From Kansas City



IDIOT SIGHTING:
I was at the airport, checking in at the gate when an airport employee asked, 'Has anyone put anything in your baggage without your knowledge?' To which I replied, 'If it was without my knowledge, how would I know?' He smiled knowingly and nodded,
'That's why we ask.'

Happened in Birmingham , Ala.


IDIOT SIGHTING :
The stoplight on the corner buzzes when it's safe to cross the street. I was crossing with an intellectually challenged coworker of mine. She asked if I knew what the buzzer was for. I explained that it signals blind people when the light is red. Appalled, she responded, 'What on earth are blind people doing driving?!'

She was a probation officer inWichita , KS

IDIOT SIGHTING :
At a good-bye luncheon for an old and dear coworker who was leaving the company due to 'downsizing,' our manager commented cheerfully, 'This is fun. We should do this more often.' Not another word was spoken. We all just looked at each other with that deer-in-the-headlights stare.

This was a lunch at Texas Instruments.

;
IDIOT SIGHTING :
I work with an individual who plugged her power strip back into itself and for the sake of her life, couldn't understand why her system would not turn on.

A deputy with the Dallas County Sheriffs office, no less.

How would you pronounce this child's name?

"Le-a"

Leah?? NO
Lee - A?? NOPE
Lay - a?? NO
Lei?? Guess Again.

This child attends a school in Kansas City, Mo. Her mother is irate because everyone is getting her name wrong.

It's pronounced "Ledasha", When the Mother was asked about the pronunciation of the name, she said, "the dash don't be silent."

SO, if you see something come across your desk like this please remember to pronounce the dash.

If dey axe you why, tell dem de dash don't be silent.

STAY ALERT!

They walk among us .... and they VOTE

Please Read

This is really funny NOT sure how true////////////

Where did Piss Poor come from?

Interesting History and fun facts


They used to use urine to tan animal skins, so families
used to all pee in a pot & then once a day it was taken &
Sold to the tannery.......if you had to do this to survive
you were "Piss Poor"

But worse than that were the really poor folk who couldn't
even afford to buy a pot......they "didn't have a pot to
piss in" & were the lowest of the low

The next time you are washing your hands and complain
because the water temperature isn't just how you like it,
think about how things used to be. Here are some facts about
the 1500s:

Most people got married in June because they took their
yearly bath in May, and they still smelled pretty good by
June.. However, since they were starting to smell . ..... .
Brides carried a bouquet of flowers to hide the body odor.
Hence the custom today of carrying a bouquet when getting
Married.

Baths consisted of a big tub filled with hot water. The man
of the house had the privilege of the nice clean water, then
all the other sons and men, then the women and finally the
children. Last of all the babies. By then the water was so
dirty you could actually lose someone in it.. Hence the
saying, "Don't throw the baby out with the Bath water!"

Houses had thatched roofs-thick straw-piled high, with no
wood underneath. It was the only place for animals to get
warm, so all the cats and other small animals (mice, bugs)
lived in the roof. When it rained it became slippery and
sometimes the animals would slip and fall off the roof...
Hence the saying "It's raining cats and dogs."

There was nothing to stop things from falling into the
house. This posed a real problem in the bedroom where bugs
and other droppings could mess up your nice clean bed. Hence,

a bed with big posts and a sheet hung over the top
afforded some protection. That's how canopy beds came into
existence.

The floor was dirt. Only the wealthy had something other
than dirt. Hence the saying, "Dirt poor." The wealthy had
slate floors that would get slippery in the winter when wet,
so they spread thresh (straw) on floor to help keep their
footing. As the winter wore on, they added more thresh until,

when you opened the door, it would all start slipping
outside. A piece of wood was placed in the entrance-way.
Hence: a thresh hold.

(Getting quite an education, aren't you?)

In those old days, they cooked in the kitchen with a big
kettle that always hung over the fire.. Every day they lit
the fire and added things to the pot. They ate mostly
vegetables and did not get much meat. They would eat the
stew for dinner, leaving leftovers in the pot to get cold
overnight and then start over the next day. Sometimes stew
had food in it that had been there for quite a while. Hence
the rhyme: Peas porridge hot, peas porridge cold, peas
porridge in the pot nine days old. Sometimes they could
obtain pork, which made them feel quite special. When
visitors came over, they would hang up their bacon to show
off. It was a sign of wealth that a man could, "bring home
the bacon." They would cut off a little to share with guests
and would all sit around and chew the fat.

Those with money had plates made of pewter. Food with high
acid content caused some of the lead to leach onto the food,
causing lead poisoning death. This happened most often with
tomatoes, so for the next 400 years or so, tomatoes were
considered poisonous.

Bread was divided according to status. Workers got the burnt
bottom of the loaf, the family got the middle, and guests
got the top, or the upper crust.

Lead cups were used to drink ale or whisky. The combination
would Sometimes knock the imbibers out for a couple of days.
Someone walking along the road would take them for dead and
prepare them for burial. They were laid out on the kitchen
table for a couple of days and the family would gather
around and eat and drink and wait and see if they would wake
up. Hence the custom of holding a wake.

England is old and small and the local folks started running
out of places to bury people. So they would dig up coffins
and would take the bones to a bone-house, and reuse the
grave. When reopening these coffins, 1 out of 25 coffins
were found to have scratch marks on the inside and they
realized they had been burying people alive... So they would
tie a string on the wrist of the corpse, lead it through the
coffin and up through the ground and tie it to a bell.
Someone would have to sit out in the graveyard all night
(the graveyard shift.) to listen for the bell; thus, someone
could be, saved by the bell or was considered a dead ringer.