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GO columnist Georgette Braun is curious about a lot of things. She’ll answer your questions, pose some of her own, and comment on everything from entertainment to life and death.

Posts filed under 'money'

A new-Abe penny for your thoughts

Add comment February 11th, 2009

In celebration of Abraham Lincoln’s 200th birthday, a newly designed penny will make its way into circulation Thursday, with a new backside design of a log cabin.

penny.jpg

This is the first design change to the penny in 50 years. The three other new one-centers will be introduced in three-month intervals. All the pennies produced this year — something in the neighborhood of 5.5 billion — will be the new-look pennies. Then in 2010, the penny’s backside image may revert to the Lincoln Memorial. Or it could be something entirely different, U.S. Mint spokesman Mike White says, according to this Kansas City Star story.

The tail images represent four major aspects of Abraham Lincoln’s life: 1.His birth and early childhood in Kentucky, 2. His formative years in Indiana, 3. His professional life in Illinois, 4. His presidency in Washington, D.C., according to this WREX story.

My questions are these: Do you pick up a penny you find on the ground? And would you be more inclined to pick up this new penny?

If you had $1 million to give away AND

1 comment December 2nd, 2008

I’m covering Thursday’s Excalibur and Excelsior awards,  an honor the Rockford Register Star bestows each year.

One of the questions we’ve asked this year and last of the finalists for the Excalibur award, which recognizes a local individual’s community contributions,  is this:

If you had a $1 million to give away, whom/what would you give the money to and why?

You can read the finalists’ answers to the question at the link above.

But I’m wondering if you had $1 million to give away, whom/what would you give the money to and why? Do tell in the comments section.

As for me, I’d give the money to a local youth services bureau to set up/expand ongoing parenting classes for single mothers.

Another question we asked was this: Name something positive going on in the Rock River Valley that you’d like to see further developed.

Again, read the finalists’ comments at the link above.

As for me, I’d like to see more job programs such as Youth Build developed for at-risk youth.

How ’bout you?

Depressing retirement calculations

Add comment July 14th, 2008

I’m years and years away from thinking about retiring. But I should have been thinking about it more years and years ago.

That’s because I haven’t saved nearly enough nor made enough sound investment decisions.

But today I read this advice in a story that tells me in more concrete terms than I’ve seen before just how far behind I am.

It says I should sock away 20 percent or more of my earnings to catch up because I haven’t been saving 15 percent of my income the past 40 years.

It’s a depressing figure, but I can wrap my arms around it.

Any of you want to share other depressing/encouraging retirement calculations?


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