Education Commons^™

Ec99-455 Starting An Investment Club, Leanne Manning, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

When establishing an investment club, one of the most important things for the group to decide is the club's purpose. If all the members are interested in getting rich quickly, the investment club is not the answer. If, on the other hand, members view it as a chance to learn over the years about selecting and making wise investments, the investment club is a great way to accomplish this goal. Investing in the stock market is a long-term proposition and one that should not be taken lightly. Forming an investment club means going into business with 10 to 20 other …

G93-1163 Choosing A Financial Planner, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication questions your need for a financial planner, costs involved, explains financial plans, offers criteria for selecting a planner and offers suggestions on how to register complaints regarding a financial planner.

A financial planner is not someone who tells you what to do with your money. A planner is someone who is a money coach, trained to draw up a financial game plan with your help and information, and who is there when advice is needed.

G93-1162 Financial Planning, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide discusses the importance of financial planning, the results of not planning finances, and the important steps to take in making a financial plan.

Achieving financial security in today's rapidly changing world requires more than earning an adequate income. Making sound decisions about managing financial resources is essential if financial success and security is to be attained. Financial planning refers to this decision making process.

Financial planning is the continuing process of decision making about obtaining, protecting, and using financial resources throughout life. Financial planning means developing and implementing plans to meet defined financial goals and objectives.

Financial goals …

Ec93-447 Documents For Decision Making: Living Wills And Medical Durable Powers Of Attorney, Georgia L. Stevens

University of Nebraska-Lincoln Extension: Historical Materials

Every person has a unique belief system including personal values based on family traditions, life experience, spiritual and religious beliefs, and knowledge. Medical decisions that we make for ourselves are based on those beliefs and values that matter most to us. Most of us are aware of the court battles that have raged over "right to die" cases.

This publication helps a person understand the meaning of the living will and medical durable powers of attorney.

G93-1164 About Money And Children, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

Money takes on a new meaning when there are children in the family. Parents realize the added pressure on the family's income to cover more wants and needs. They also feel and express a concern for helping their children develop healthy, positive attitudes about money.

Attitudes and habits about money are learned at an early age. Very young children begin to learn about money by observing how their parents feel about money and react to it. They notice whether parents argue or discuss calmly how money is to be spent, who pays the bills, and who keeps the records. This …

G93-1161 Investment Alternatives...For The Beginner, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication discusses risks associated with investing, and then gives a brief introduction to 21 investment alternatives. The alternatives are classified into seven types of investments.

Risks Associated With Investing

There are many types of risk involved with investments. Let's consider two types: investment risk and purchasing power risk.

Investment risk is the probability that the actual return on an investment will be different from what you expect. This is the type of risk one usually thinks of when considering investments. For example, CD's and EE savings bonds are considered safe investments because the probability that the actual return on …

G93-1160 Investment Basics...For The Beginner, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

Investing is a complex and ever-changing field. Consequently, most of us, even those involved in the investment field, occasionally are confused. This publication defines the difference between saving and investing, considers some financial requirements you need to meet before you start to invest, helps you define just what type of investor you are, gives advice on choosing an investment adviser, and offers some investment tips for beginning investors.

Savings and Investments

To help clarify just what is being discussed when talking about investing, let's define two terms. Saving is money set aside for future use while investing is money set …

G93-1165 Essentials Of A Home Business Center, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication outlines the equipment, storage space and supplies needed to set up a well-equipped home business center at a reasonable cost.

A business center doesn't have to be elaborate. But, to be adequate it should...

be located in a convenient, comfortable area of the home;

provide necessary equipment, supplies, papers, records and references; and

have good light.

Nf91-23 Insurance Needs Of The Home-Based Child Care Business (Revised February 2005), Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebFact discusses what needs to be done before starting a child care business in your home. Think about getting business insurance coverage to provide risk protection for you, your business, your customers, and any employees. Protect business and personal assets from risk of loss. Consult with a competent insurance adviser before making insurance decisions.

This publication is meant to help you ask questions, not provide specific answers for your situation.

G91-1013 Nursing Home Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

Definitions of nursing home care and alternatives for covering nursing home costs are covered in this guide.

Nursing home costs now average $22,000 or more annually nationwide. A recent Massachusetts research study found that almost half of the single 75-year-olds interviewed would be poor within three months after entering a nursing home. Almost three-quarters would have nothing left within a year.

G89-941 Financial Planning Form: Income Statement, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide provides step-by-step directions for completing the included income statement.

What Is an Income Statement?

An income statement shows income and expenses over a period of time, usually a year. Like a motion picture, it also can show the movement of income expenses between net worth statements.

This income statement includes five categories of income (salaries, wages, bonuses; investment income; gifts; borrowed money; and other income), and three categories of expenses (taxes; fixed obligations and financing expense; and living expenses). A space to calculate net income (the amount left after all expenses) concludes this form.

Ec87-420 Household Inventory, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

A household inventory is an itemized list of a household's possessions and an estimate of their worth. Making a household inventory will benefit you in several ways:

• The inventory can help you determine how much insurance you need for household goods and personal items.

• It will furnish a record on which to base insurance claims in the event of an insured loss or theft.

• It will show money value of household goods and personal items for net worth statements.

• It can be useful in planning for replacements of household furnishings and equipment and personal items.

This …

Heg86-208 Life Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This guide defines life insurance, its purpose, who needs it, types of policies and companies, how to choose the right insurance, and offers suggestions for policyholders.

Life insurance touches nearly every man, woman and child in the country. Every week of the year, people buy almost a million life insurance policies.

Heg79-104 Auto Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication examines the basics of auto insurance.

Transportation costs are the third largest expense category for the average family, claiming up to 20 percent and more of family take-home pay. One of the liveliest topics of conversation is the high cost of auto insurance coverage and ways to cut premium costs.

Heg79-103 Homeowners Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication provides basic information about homeowners insurance.

Most of us have property we want to protect against unknown dangers that might damage or destroy it. Homeowners or renters insurance can provide that protection. These policies include both property and liability insurance. They usually exclude motor vehicles for recreational or highway use.

The properties covered and the perils those properties can be insured against are listed in the policy. Your house, garage, and other structures on your lot are covered. Personal properties including household contents and other personal belongings are covered up to specified limits. Perils are listed under various …