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"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..." Time Magazine, Nov 30, 2015 Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
Knock...Knock...Who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
How do you make seven even?
Take away the "s"
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Over $18 Trillion a year is spend on ConsumerGoods worldwide.Women account for almost two third of it. Just think about this women power!
Did you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues today.These immigrants make the America great, including best in business.
There are over 300 million Americans.Ancestry of Americans include approximately Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other countries.
About US housing
At the end of 2008 approximately 7 out of 10 people in the US owned a home. The US population is over 300 million.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion.
Not so fun fact…there are over 15 million home owners with questionable mortgage loans.Experts believe that 2/3 or over 10 million have potential of foreclosure...but this number is going down
The DOW gains 380 points...global concerns remain
The DOW closed up 380 points or 2.36%, the S&P500 was up 34 points or 1.78% and NASDAQ was up 39 points or 0.86% for the week ending January 29th.Oil was up $1.49 or 1.02% to $33.74 per barrel.
Investors remain concerned about the Chinese economy, its impact on other world economies, and the declining oil prices.
US economy slows in 4Q to 0.7%...for the year 2015 GDP grew 3.4%
Source: CNNMoney, US Bureau of Economic Analysis
The U.S. government reported that the 2015 4th quarter Gross Domestic Product (GDP) grew at 0.7% annual rate. For the 2015 GDP in current dollar grew at 3.4% compared to 2014 GDP growth of 4.1%. In 2015 the GDP is now $17.94T.
The 4th quarter GDP is lower than expected but it is still a sign that US economy is growing while other large economies like China, Japan and Europe are struggling. The consumer spending during Q4 remained strong, and it is a bright spot for US economy. Consumer spending makes up for about 2/3rd of US GDP and it is critical for the US economy. The GDP is the key measure of economic growth, such as, Goods and Services produced by the nation. Below 3% is considered modest growth.