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Money 101 
AUGUST 11, 2012
Howdy! 
Gary Silverman, CFP
This is a pretty exciting month: The Olympics and Curiosity's Mars landing have kept me glued to one screen or another.

In this issue, we continue with the series of articles from Rodger Ericson, a Funeral Consumers Alliance Board of Trustees member. To see the last article, click here...

Have a great week! 

--Gary
Gary's Soapbox: Guest Article

 

The Funeral Consumers Alliance (FCA) is a non-profit organization which was started to advocate for consumers and assist them in knowing their death-care and end-of-life funeral and memorial options.  Rodger Ericson is on the FCA national Board of Trustees and is active in their Austin affiliate called Austin Memorial and Burial Information Society (AMBIS). Go to funerals.org  for more information. 

 

     One of the most commonly asked questions about funeral shopping is: Where (and how) do I start? Funeral planning is a family matter; it starts at home. Just as most families discuss weddings, home-buying, college, and other major life issues, so should they discuss funerals. Death will come to each of us, no matter how long we put off discussing it. Avoiding the topic won't stave off death, instead it will make the funeral more difficult, and likely more expensive, for survivors. Families who made funeral planning a normal part of life tell us that having the conversation early made a painful time easier to manage. Many people say they found great meaning and peace carrying out thoughtful funeral plans that honored their family members in an appropriate and affordable way.

    There are as many ways to honor the dead as there are cultures, religions and budgets. Your personal philosophy or faith should guide your choices. No religion or philosophy dictates how much money should be spent on a funeral, and no belief system encourages burdensome spending. Families can choose simple arrangements, such as a cremation with no ceremony, or more elaborate ones, such as a long wake before a funeral. They can use no coffin at all, or they can choose a handcrafted oak casket. Families can keep the body at home for a very private visitation, or they can hold a public viewing at a funeral home.

    Whatever you choose, be sure it's based on what's meaningful to you, not on what you think "the community" expects you to do. No amount of money, great or small, can express how we feel about those who have died. Taking an active role in our family's funeral arrangements - whether that means carrying out the whole process without a funeral home, or just preparing and delivering the eulogy - is more meaningful than the money we spend.                                                

 

-- Rodger Ericson

 
Gary's Latest Articles 
From Times Record News and Biz to Biz

Don't Spoil Your Retirement
Your kids are always your kids, no matter how old they get. But be careful of treating their boo boo's when they are adults too often. It could damage your own future. Read more...

Getting Lucky

 It takes more than just what's in the stars when it comes to succeeding in business. Find out more...

 

 

 Before You Judge So-Called "Evil Business"

Business gets a bad rap, even in the most recent Muppet movie. "Evil Business" makes for an interesting premise, but you need more than a premise for the complete story. Read More... 

 

 

Money 101: 
August Monthly Market Monitor

The most recent Monthly Market Monitor includes charts and graphs showing recent economic developments worldwide. Click here...

For additional information about the markets and investing, please take a look at the July 2012 review. Click here...

Olympic Humor

The late night talk shows have had some fun with these Olympic games....

"Olympics can inspire American kids to get active. Or it can inspire American kids to sit on the couch and watch the Olympics." -Conan O'Brien
 
"The European countries are really hoping to do well in the Olympics. If they win gold medals, they can use them as cash." -David Letterman 
 
Enjoy the rest of the games!

 

Sincerely,

 


Gary Silverman
Personal Money Planning
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