Christmas 2011 experiment: gifts replaced by family vacation
The Plemon family skipped adult gift exchanges in 2011 to fund a weeklong oceanfront vacation for five families in June. Kids still received gifts, a $10 giving challenge supported needy causes, and observers found the vacation strengthened family bonds and offered a richer Christmas experience. The family plans to vacation again in 2012 with possible changes to gift giving.
Parenthood costs and financial planning guidance
A reader facing parenthood can expect child costs around 226 920 to 286 860 over 17 years with inflation. Experts urge building three to six months of living expenses, choosing between one or two incomes, budgeting, reviewing insurance, and starting college savings with a 529 plan while acknowledging the joy and responsibility of raising a child.
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U.S. Department of Agriculture
Wade Chessman
Chessman Wealth Strategies
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Grain futures mixed as oats drop and soybeans rise in Chicago
Grain futures in Chicago showed mixed moves as March oats fell 5.50 cents to $2.93 a bushel while March soybeans gained 2.50 cents to $12.30 a bushel. March wheat dropped 7 cents to $6.50 a bushel and March corn traded around $6.5850. The Associated Press.
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Stockyards Peoria Hog Market Report
Hog offerings show sows at 125 trading steady with 400 to 500 lb lines at 45.00 to 48.00, 500 to 700 lb pigs up 1.00 to 1.50. Boars over 300 lb range 54.50 to 55.00, under 300 lb 260 to 280 lb at 53.00 to 54.50.
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Treasury prices slide on improved economic data
New York reports higher consumer spending and stronger jobs outlook. Americans buy about 10 percent more cars than in 2010 and analysts expect momentum into 2012. Labor data show unemployment falling in most large cities. Treasuries fall as yields rise across the curve, with the 30 year up to 3.03 percent and the two year flat at 0.26 percent.
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