With school well underway across the country, most parents have been shopping, organizing and planning for their children's success. Coaches and trainers are engaged to achieve better performance in sports; tutors hired for Chemistry or math, but some interesting research indicates that when it comes to teaching your children a vital life skill, it may be extremely difficult to make major changes after age 7 … and parents are the primary teachers whether they know it or not.
In a fascinating report, researchers at the University of Cambridge commissioned by the United Kingdom's Money Advice Service discussed how children learn about money through observation and basic math, finding that kids' money habits are basically formed by age 7, at which point most children are in First and Second Grade, many years short of the time we traditionally think of financial training.
The issue is not so much that children of 7 are qualified to become Certified Public Accountants, but that their view of money and the emotions associated with it have already been formed, along with some basic patterns. Interestingly, a study by the American Institute of Certified Public Accountants (AICPA) found that more than 60 percent of parents begin giving their children an allowance by age 8, at which time, according to the study, life-long attitudes are already in place. more >>
Pope Francis has urged every Catholic parish and religious community in Europe to take in at least one refugee family and help Europe with its migrant crisis, noting that the Vatican would take two families itself. With hundreds of thousands of refugees making their way toward Western Europe, countries such as Germany and Austria are said to be near the "tipping point" of how much they can help.
"May every parish, every religious community, every monastery, every sanctuary of Europe, take in one family" Francis told the crowds at St. Peter's Square on Sunday. ￼ "Before the tragedy of tens of thousands of refugees fleeing death in conflict and hunger and are on a journey of hope, the Gospel calls us to be close to the smallest and to those who have been abandoned," he added, according to Vatican Radio.
Since the dawn of time, labor has been a part of God's economy. Work is inherent to our purpose, meaning and dignity.
In 1999, The New York Times reported an incident in an impoverished country. Relief workers distributed food and other necessities to a long line of people who waited patiently. But when they distributed fishing nets, these same people cheered.
The history of the celebration of Labor Day in America can be traced back to the year 1882, during the middle of the Industrial Revolution. It was a time of labor struggles and political protest against intolerable working conditions. People who were a part of the labor movement chose the first Monday in September as the official holiday to honor the contribution that workers "who from rude nature have delved and carved all the grandeur we behold." In 1894, Congress made the day a legal national holiday. more >>
As another Labor Day approaches, how are we doing when it comes to work?
Millions of Americans are perpetually unemployed.
Writing for Pew Reports (11/14/14), Drew DeSilver notes, "…more than 92 million Americans — 37% of the civilian population aged 16 and over — are neither employed nor unemployed, but fall in the category of 'not in the labor force.' That means they aren't working now but haven't looked for work recently enough to be counted as unemployed … the share of folks not in the labor force remains near all-time highs." more >>
Retired neurosurgeon and 2016 GOP presidential candidate Ben Carson ripped into the notion that there is a "war on women" in America when he declared, in a rousing address at a campaign event in Little Rock, Arkansas Thursday, there is no "war on women" but there may be one on "what's inside of women."
"There are those who are always trying to stir up trouble. They are always trying to drive wedges between us and you know they tell you that there is a war on women. There is no war on women, there may be a war on what's inside of women but there is no war on women in this country," said Carson in a clip from the event posted on YouTube.
The former director of pediatric neurosurgery at Johns Hopkins Hospital was the first surgeon to separate conjoined twins at the head. more >>
Global shares did a nosedive on Monday after the Chinese stock market had its biggest plunge in eight years, despite the government's interventions.
The Chinese market's plunge threatened to affect the global market after Chinese losses last week sparked a worldwide sell-off. The Shanghai Composite Index dropped 8.5 percent in its largest single-day loss in eight years, according to an AP report published by Yahoo! News.
The last biggest decline happened on February 27, 2007. As of now, the Shanghai Composite Index has dropped 38 percent since it hit its peak level on June 12. more >>