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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Mar 02, 1983
Page
39
Margaret Nelson advises families to build emergency funds of two to six months of income, cut expenses, and adjust withholding. Create a six month survival budget, prioritize essential payments, and contact creditors early to arrange written repayment plans. Consider unemployment benefits, health coverage continuance, and debt restructuring if needed.
University of Minnesota specialist Ron Pitzer says attitudes toward money are shaped by early experiences. Starting at age five or six, a small no strings attached weekly allowance helps children learn value and self-control by spending on items they emotionally reward.
University of Minnesota expert Ron Pitzer urges involving children in family budgeting to help them discern legitimate requests and learn saving and sharing. He notes allowances should reflect expenses and inflation, with age and needs guiding amounts. Parents should discuss opinions and let children decide while balancing school and activities.
The State Historical Society of Wisconsin Museum announces its fifth annual Quilt Competition for Wisconsin quilts finished since January 1981. Entry forms and information brochures may be requested from 816 State St., Madison 53706, with a May 1, 1983 deadline. Prize quilts will be exhibited June 30 to August 4, and the event is partly funded by a grant from Wisconsin Quilters, Inc. Last year saw over 120 entries.
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