Word: avoiding
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Dates: during 2000-2000
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Experts say the best way to avoid getting conned is to be skeptical. They suggest calling government licensing agencies and the Better Business Bureau. But one Furlow victim, John Nakai of Littleton, Colo., did both. State employees told him they don't track facilitators, and the Better Business Bureau for Eastern Pennsylvania had (and has had to this day) no complaints about...
...with the Internet, video games or TV. Families in the study reported that when there was a conflict over TV, kids simply retreated to their rooms, where 57% have TVs and 11% have Internet hookups. Giving a child her own TV might seem a handy way to avoid scuffles over the remote, but it is a terrible idea. TVs and computers should be in a central location so parents who can't figure out the V chip can at least know what TV their kids watch, and how much...
Another pitfall to avoid is the often made assumption that all children want to follow in their parents' footsteps. They need to be asked about their individual desires, and their decisions need to be respected. "Passing on a business should be a legacy, not a life sentence," notes San Diego financial planner Peggy Eddy. "I was hoping to be a designer and wasn't really planning to run a diesel company," says Victoria Jackson, 45, who took over her father's Nashville company, Pro Diesel, at age 21, after he died suddenly. "But I felt that I just...
...older generation also has a responsibility to look out for itself, if for no other reason than to avoid becoming an unexpected burden later. Entrepreneurs should determine how much they will need for retirement, after taxes and adjusted for inflation, and make sure they have the funds. "You don't want Mom and Dad to have to come back to work at age 80 because they need the money," says Drew Mendoza, president of the Family Business Consulting Group in Marietta, Ga. There are any number of ways to ensure continuing income. Parents can receive compensation as advisers or consultants...
...Avoid correcting confused or faulty memories...