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Show Page 4 Thursday, November 24, 2011 The Gunnison Valley Gazette Talk to your children (and parents) about shared financial picture It's Thanksgiving week. And if you're fortunate, you can look around your Thanksgiving table and see several generations of your family. Of course, as you know, many types of cohesiveness are involved in knitting a family together. But one connection that frequently gets ignored, at least in terms of family dialogue, is the financial linkage between parents and their children on one hand, and these same parents and their parents on the other. So if you find yourself in this "sandwich" group, it may be worth considering your financial position. If your children are very young, you might want to start by emphasizing the importance of three separate concepts: saving, spending and sharing. If you give them an allowance, or if you pay them to do some minor tasks around the household, you can encourage them to put the money in three separate containers. The "spending" jar is for them to use as they choose, the "saving" jar is to be put in some type of savings or investment account and the "sharing" jar is to be used for contributions to charitable causes. You can extend the spending, saving and sharing themes by encouraging your kids to spend wisely, watch how their savings grow and feel pride in the work done by the charitable groups their dollars support. Later, when your kids are older, and can earn money by babysitting, mowing lawns or working part-time, you can further encourage good financial habits by offering to match their contributions to a Roth IRA. And be sure to discuss the different types of investments available; they may enjoy learning about the ways in which they can participate in the financial markets. Above all else, talk to them about the importance of developing good financial skills and how these skills will play a part in your family's overall well being. Now, let's turn to your parents. If they're elderly, you may find that talking to them about financial issues may be considerably more challenging than talking about these issues with your children. It's unfortunate, but true: People are sensitive about money and often don't want to talk about it. You may find that you need to be persistent, especially if your parents are getting on in years. Perhaps you encourage them to consider their current position, and what planning might need to be considered. Do they have accounts in a local bank? Where are their investments held? Do they have a financial advisor? Have they worked with legal profession- als on any arrangements? If your parents have expressed interest in leaving a legacy or passing assets to family members, you might consider encouraging them to seek assistance from the appropriate professionals. After all, if something were to happen to your parents without them having made the proper arrangements, their wishes may not be carried out. So this Thanksgiving, as you think about the value of your family, you might take some time to consider issues that need to be addressed. . It may take time and diligence but when it comes to your loved one's wishes and wellbeing, it's probably worth the effort. This article was written by Edward Jones for use by your local Edward Jones Financial Advisor KEEP A LEVEL HEAD IN AN UP-AND-DOWN MARKET Amid recent market volatility, we've seen substantial upswings and downturns. But when the market reacts one way, it doesn't mean you should, too. The actions you take today can significantly impact your financial future. So before you alter your investment strategy, schedule a financial review. We can help you stay focused despite the market's recent disappointments and find opportunities for the long term. St George, UT 84770 435-652-3558 www.edwardjones.com Member SIPC Edwardiones MAKING SENSE OF INVESTING Christm Decor 30% off! 2 Days Only HATNITIEs - SANTA'S WITH FURNITURE PURCHASE OVER $500 2 DAYS ONLY - FRIDAY 8t. SATURDAY ---r0111101( HAPPY THANKSGIVING VALLEYf 'URNITURE! THROUGH DECEMBER, f ., ,_, ikr-ITEITWHITE • TEXAS • TURKEYS Free Banana Chair 2 for I Lane Recliners e A,- -,, Valley Furniture killed that's concerning. Utah's deer herds contain mostly does and fawns. Unlike the hunting season—when mostly bucks are taken—does and fawns are the deer that are usually killed by vehicles. "Losing a buck isn't as critical to the overall health of the deer herds," Aoude says. "One buck will breed several does. But every doe that's lost means fewer fawns in the state's herds the next summer." Fortunately, you can do several things to reduce the chance that you hit a deer while driving: While you can hit a deer any time of the day, be especially careful when it's dark. Remember, deer feed actively as soon as the sun goes down. Slow down, especially if you're driving at night. Instead of looking straight ahead, be aware of what's happening on the edge of the road. That's the area from 528-5001 Hwy 89 Northeast of Gunnison Open Monday - Saturday Continued from Page 1 Central Utah Poultry Exchange, originally for chicken and egg production, but which gradually included turkey growers. (Brown was the founder of a Jewish cooperative community experiment called Clarion, in Sanpete County near Gunnison, but the town was short-lived. The Central Utah Poultry Exchange, on the other hand, morphed into the Utah Poultry Producers Cooperative Association, which in turn became Intermountain Farmers Association — the company IFA). But it was the do-or-die situation of the 1930s that made turkeys soar in Sanpete. It was the Depression Era. Other local industries — sheep, cattle, sugar beets — had gone bust. "The economy's always been tough in Sanpete," Com- The First Word and Last Name in Log Homes! Think Satterwhite for Log Homes, Rough Lumber, Timbers, Animal Bedding and Firewood missioner Blackham says. "They needed something to replace the cash crop." President Franklin Delano Roosevelt was encouraging agricultural cooperatives as a possible way out of economic hardship. Many around the country thought such ideas were akin to socialism. But, Susan Rasmussen says, "The people in Utah were willing to try it." A group of turkey growers bought out the Utah Poultry Association's interest in Ephraim and Moroni (both in Sanpete County), and formed a cooperative known as Moroni Feed Company, or MFC. Through cooperation and hard work, the effort was successful. The cooperative still exists as an arm of Norbest: MFC handles the feeding and growing of turkeys; Norbest handles processing, marketing and distribution. Says one MFC historian, "It was an economic necessity. They had to work to- gether to make it work. They worked for what was best for everyone. They helped each other." Without the turkey industry, Rasmussen says, parts of Sanpete County would have become like ghost towns. In that way, Sanpete's residents have something in common with the Plymouth Pilgrims in 1621, when turkey was served as part of a feast held to give thanks for a successful harvest. As the turkey holds special significance on Americans' Thanksgiving tables, even more so in Sanpete. Rasmussen relates a Native America legend of a time when the earth's children were hungry, and they were crying. "And the turkey came along, and they cried, 'Feed us.' And the turkey shook his feathers and the corn fell out. And they were never hungry again." That's the idea behind the importance of turkeys in Sanpete. It's an idea, for Americans, as old as the first Thanksgiving itself. All the generosity you can fit in a bag. Fight hunger this holiday season. Drop off your donations at RC Willey, Smith's, Riverton Motors Group or the Utah Food Bank. SPONSORED BY 00,01.14 RCWilley. WELLS FARGO Your Home.YourWay. - " V Se; MOTORS GROUP. • • 308 North Main Gunnison 528-7811 which a deer can spring into your path. Remember that deer usually travel with other deer. If you see one deer, it's likely other deer are just off the edge of the road. Any of those deer could spring into your path. If you see a deer in the road and realize you can't slow down enough to avoid hitting it, don't swerve. If you swerve at high speed, you might lose control of your vehicle and go off the road. Hitting a deer is better than rolling your car. If cars aren't approaching you from the opposite direction, keep your high beams on as much as possible. Having your high beams on will help you see deer at a greater distance. If you're traveling on a multi-lane road, travel in the inside lane instead of the outside lane. Traveling in the inside lane will put more distance between you and deer along the side of the road. The Outdoor Report is Sponsored by: Family. Experience. Quality: Financial Advisor TREE ORNAMENTS LIGHTS - WREATHES GARLANDS - TREES , / Alm It's nice to have extra daylight in the morning. But if you're driving in deer country, Daylight Savings Time can be a mixed blessing later in the day. As soon as the sun goes down, deer get active and start to feed. Having the sun go down one hour earlier in the evening, when many people are coming home from work or leaving home for the night's activities, can spell trouble. information More about the number of deer that are killed on Utah's roads will be gained through studies the Division of Wildlife Resources is conducting in cooperation with Utah State University. "The studies will give us better numbers," says Anis Aoude, big game coordinator for the DWR. "But even without solid numbers, we know a lot of deer are killed on Utah's roads every year." And it's not just the total number of deer that are 4 Darin K Frandsen Mattress Sale FREE PILLOW WITH THE PURCHASE OF MATTRESS SET! A fatal mix: Daylight Savings Time and deer 0,..ywiEs," Call today to schedule your financial review. Valley Furniture Vitekeitt She I The Outdoor Report Smith's FOOD & DRUG STORES SIEGFRIED &JENSEN UTAH FOOD BANK |
