Leeds United v Fulham line-ups: Cairney out, Spurs target plays, Leeds man out

first_img Follow West London Sport on TwitterFind us on Facebook Fulham have made four changes for their visit to Leeds United, including first league starts for summer signings Ibrahima Cisse and Aboubakar Kamara.Cisse replaces Oliver Norwood while Kamara comes in for Neeskens Kebano.Floyd Ayite also makes way, with Lucas Piazon starting, while full-back Denis Odoi is pressed into service at centre-back with Tomas Kalas suspended following his red card at Reading on Saturday.Ryan Sessegnon (pictured), the subject of a rejected £25m offer from Tottenham, keeps his place at left-back.However, captain Tom Cairney – who picked up an injury in the warm-up at the Madejski Stadium – remains sidelined, alongside goalkeeper Marcus Bettinelli.Leeds show three changes, with Liam Cooper dropping out of the squad and 21-year-old Conor Shaughnessy making his first Championship start.On-loan Manchester United full-back Cameron Borthwick-Jackson drops to the bench, with Vurnon Anita covering, and Samuel Saiz replaces Kemar Roofe.Former Brentford winger Stuart Dallas and ex-QPR goalkeeper Rob Green are among the Leeds substitutes.Leeds: Wiedwald; Ayling, Jansson, Shaugnessy, Anita; O’Kane, Phillips; Saiz, Hernandez, Alioski; Wood.Subs: Green, Borthwick-Jackson, Bridcutt, Roofe, Klich, Dallas, Ekuban.Fulham: Button; Fredericks, Odoi, Ream, R. Sessegnon; Cisse, McDonald, Johansen; Piazon, Aluko, Kamara.Subs: Rodak, S. Sessegnon, Djalo, Edun, Norwood, Kebano, Woodrow.last_img read more

Stephen Curry: Can the Warriors’ star be “the Great Defuser” between Durant and Green?

first_imgDALLAS – Kevin Durant and Draymond Green smiled and laughed, despite all the negativity swirling around them.The Warriors were minutes away from experiencing a double-digit loss to the Houston Rockets on Thursday. Yet, Warriors guard Stephen Curry shared chuckles with DeMarcus Cousins, Durant and Green.Though Curry remained sidelined with an injured left groin, he helped the Warriors in another way. Curry helped defuse the tension between Durant and Green, who had served a team-imposed …last_img

Education goes mobile with Vodacom

first_imgVodacom’s Mobile Education Programme will make use of mobile technology to improve the quality of teaching in schools. (Image: F T I Consulting) MEDIA CONTACTS • Esmé Goosen  Project Co-ordinator  Vodacom Foundation  +27 11 653 5277RELATED ARTICLES • Tackling SA’s education challenges • SA prioritises quality education • Budget big on education, jobs • SA businesses urged to adopt schoolsWilma den HartighVodacom’s new Mobile Education Programme, the first countrywide teacher-development initiative of its kind in South Africa, will make use of mobile technology to improve the quality of teaching in schools.The focus of the programme is to improve instruction in all subjects, with an emphasis on maths, maths literacy and physical science from grades 10 to 12 – which are considered the most challenging subjects for pupils in South Africa.The programme is a collaborative effort of the Department of Basic Education, Vodacom, Microsoft, digital content provider Mindset Learn and ICT skills developer Cisco.Together the project partners will ensure that schools, teachers, pupils and communities have access to ICT and the internet.At the launch in Midrand, Gauteng, on 18 October 2011, Vodacom CEO Pieter Uys said the project is one of the most ambitious and important projects yet to be spearheaded by the mobile telecommunications company.“It involves a significant investment in our youth, who are the future of our country, and is a critical component of our commitment to using mobiles for good,” he said.Improving education in SAThe project hopes to offer solutions to some of the biggest shortcomings in South Africa’s education system.The mobile education scheme has four components: the mobile education ICT resource centres, the web-based digital classroom education portal, the mobile education virtual private network and the mobile education training programme.Through the initiative, the project partners hope to upgrade the quality of instruction by ensuring that teachers throughout the country, in both rural and urban areas, have access to the highest quality teaching resources.Uys said the project will help level the playing field for rural schools that often don’t have access to the same quality of teaching material that urban schools have. “We are absolutely committed to helping government improve on the quality of education in our schools,” he said.The other goal is to use mobile technology to help the Department of Basic Education meet its objective of ensuring that a significant number of pupils have exposure to ICT.Mobile education centresVodacom and the Department of Basic Education have set up nine ICT resource centres, one in every province, each serving up to 200 schools.The nine centres are located in the following areas: Tshwane in Gauteng, Emalahleni in Mpumalanga, Worster in the Western Cape, Pinetown in KwaZulu-Natal, Lady Frere in the Eastern Cape, Upington in the Northern Cape, Makhado in Limpopo, Ganyesa in North West province and Mangaung in the Free State.Uys said that six of the nine centres are already operational.These centres will be the hub of each district’s teacher-training programme where professional teacher-development training courses will take place. Training will focus on ICT literacy and the integration of digital content in the classroom.Each centre has a computer classroom, equipped with 50 terminals, and an internet café.“Technology and ICT can play such a big role in the country and the economy, and it starts with young children and giving them access to information,” Uys said at the launch.Vodacom digital classroomTo support the teacher training provided at the nine centres across the country, all teachers will have access to the digital classroom website. Here they can download web-based resources and teaching material presented in an accessible and attractive way.The website will also provide information on each of the nine centres, discussion forums where teachers and trainers can help each other resolve education-related problems, education news and links to local and international educational resources.In addition, teachers can access material on the site provided by the various technology partners of the project.Microsoft will be supplying the software and Microsoft certification for teachers. Cisco is providing computer technician certification and entrepreneurship training through its Cisco Networking Academy programme and Mindset Learn has made the South African educational curriculum content available throughout the programme.How does it work?Uys said that for the first time, cloud computing will be used to allow teachers to access vital content, teacher-aids and resources to help deliver quality education.Cloud computing uses a network of remote servers hosted on the internet to store, manage and process data, rather than a local server.All the ICT Resource Centres are connected through a virtual private network to Vodacom’s head office in Midrand. This connection serves as a pipeline of information, connecting the centres, participating schools and teachers to the internet and to teacher training resources.Prioritising teacher developmentIn a statement, Minister of Basic Education Angie Motshekga said that her department has given its full support to programme.At the launch Mohamed Surty, deputy minister of Basic Education, said that teacher development is a key component to improving education in South Africa.When visiting schools across the country, he had found that the main challenge was the teaching methods, not the ability of pupils.The department has found that the country has 10 000 under-qualified and 20 000 unqualified teachers in need of further education and training.“It has the support of my department and the nine provincial education departments and I am sure it will go a long way in addressing the ICT challenges we have in education,” Motshekga said.last_img read more

Small business incubation hub to help develop Diepsloot

first_imgAn artist’s impression of the completed Riversands Small, Medium and Micro Enterprises Incubation Hub. (Image: Century Property Developments) • Jenny Retief Project manager Riversands SMME Incubation Hub +27 11 370 8781 +27 82 880 1202 annev@riversandsihub.co.za • A brand-new city is being built outside Durban • Maverick Awards to recognise under-35 business genius • Entrepreneurs bring British business back home • South Africa: Sound investment destination, emerging market that matters • Thundafund makes crowd-funding rain in South AfricaLucille DavieDiepsloot in the far north of Johannesburg is a cauldron of corrugated iron shacks, small brick homes, dusty roads, shebeens, and pavement hawkers. A township packed with humanity, it is home to 200 000 migrants from elsewhere in South Africa and immigrants from other African countries, who make a hard living within its boundaries.The place stands in stark contrast to the wealthy suburbs of nearby Dairnfern and Fourways, but there might be hope for some of its thousands of restless unemployed, with a new development going up on its border.The Riversands Commercial Park is to have a small, medium and micro enterprise (SMME) innovation hub at its heart, and Century Property Developers, the company behind the development, is keen to empower and recruit local enterprises to the hub. The park is 40 kilometres north of the Johannesburg city centre, and within walking distance of Diepsloot.The park, in Fourways, will offer retail, office, warehousing and light industrial spaces. Once complete, it is expected to help create more than 50 000 permanent jobs in its 1.8-million square metres of commercial space. “The Riversands SMME Incubation Hub lies at the heart of the Riversands Commercial Park and will be supported by the businesses in the commercial park,” says Jenny Retief, the hub’s project director. “The SMMEs to be incubated in the hub will be selected for their ability to fulfil off-take agreements for the businesses, making them sustainable.”The project is a partnership between Century and the Jobs Fund, a government initiative. “The Riversands SMME Incubation Hub will take existing and newly created SMMEs from the local area and incubate them through various support programmes, allowing them to develop into large-scale businesses,” adds Retief.Diepsloot was established in 1994 as a relocation area for people moved from shackland informal settlements. In the past 20 years it has grown into a heaving township, beset by crime and drug problems, squeezed into only five square kilometres. Small businesses have sprung up in the past 10 years, with construction, manufacturing, mining and agriculture dominating. But still, jobs are hard to find, exacerbated by the distance from the Joburg CBD. Those with jobs have to spend up to 50% of their salaries on transport.Over R1.4-billion is to be pumped into the surrounding road infrastructure, including an upgrade of the major William Nicol Drive, which runs alongside Diepsloot. This is expected to be the prime corridor of development in the province. It is a component of the wider Gauteng Freeway Improvement Project, which includes a number of freeways being constructed between Johannesburg and Pretoria in the north, and linking to OR Tambo International Airport in the east. The object is to provide an interconnected network of inner and outer ring roads to help ease congestion between the two cities, which will also ease access to townships like Diepsloot.Incubation hubThe SMME incubation hub “will be the first fully integrated mixed use development that caters for all sizes of businesses, providing vital support and job creation to a marginalised residential node”, explains the Century website. Century will provide mentorship and support programmes to the SMMEs; and will function as an “on-site practical business university”. Support will be given in accountancy, marketing, tax, law, labour law, engineering, and best practice. “This mentorship will ensure that when SMMEs graduate from the programme they are a viable business with long-term sustainability.”Facilities will include a library, two lecture halls and an auditorium that seats 500 people. A stepped approach will be used to train SMMEs: they will be housed, at a subsidised rate, in a dedicated facility during the incubation programme. After graduating from the programme they will move to another precinct with larger spaces, and charged a subsidised rental; then finally, they will move to larger premises with commercial rental, as fully fledged businesses. Potential SMMEs will be screened before entering the programme, to ensure their success, according to Riversands.Mmapula Community DevelopmentTo find potential applicants for its incubation hub, Century has turned to a company called Mmapula Community Development, which works with communities to help them uncover their assets and use them positively. It helps to change their mindset from one of dependency and needs to one of self-mobilisation, by identifying the strengths within communities.“As an approach to community-based development, it rests on the principle that the recognition of strengths, gifts, talents and assets of individuals in communities is more likely to inspire positive action for change than an exclusive focus on needs and problems,” states the Mmapula website. Mmapula uses the Asset-Based Community Driven Development or ABCD programme, a method that aims to “uncover and utilise the strengths within communities as a means of sustainable development. It is at the centre of a large and growing movement that considers local assets as the primary building blocks of sustainable community development.” Mmapula specialises in innovative yet simple paradigms to address socio-economic development issues, both in rural and urban areas.Mmapula managing director Corne Theunissen, who has been in the development field for the past 25 years, explains that she realised the needs-based approach was not working. “We help communities to see themselves as assets so that when they talk to donors they are not just beggars, but there is a level playing field. It’s a new way of thinking about themselves.”Asset-focused developmentMmapula adapted the ABCD programme to particular South African communities, calling it asset-focused development. ABCD was designed by McKnight and Kretzmann in 1993 in what is called Building Communities from the Inside Out.  The programme was taken up and promoted by the Coady International Institute at St Xavier University in Canada, and is now used by development agencies to mobilise communities.Mmapula uses the approach in communities such as those on the mines in North West province, and with schoolchildren. The thinking behind the programme is that communities have assets, including economic, social and environmental. “Associations of community members, both formal and informal, are engines of community action and are a source of power and leadership.” This means linking personal skills and assets to community assets, to create sustainable opportunities and support for one another.Mmapula has worked around Gauteng: in Soweto, Germiston, Vereeniging and Pretoria, as well as in Diepsloot. Theunissen’s group of 15 facilitators has done extensive work on the mines around Rustenburg in North West, as well as on the Royal Bafokeng mine. They have also travelled to the Eastern Cape, to work there.In these engagements, people are helped to set their own developmental goals. At the same time, they are helped to determine their success indicators. Only once a community has drawn on all its own resources, will it be encouraged to look outside for funding and other resources.Diepsloot workshopMmapula ran a workshop in Diepsloot recently. Budding and existing entrepreneurs were selected to participate, and they were taken through a process of identifying their assets as a group. These included the ability to repair cars, to drive, to do maintenance on different levels, and to use sign language. They were then required to identify where opportunities existed for them to create new businesses, and finally they were helped to create business plans.Among potential businesses identified were a petrol station, food outlets, and a private hospital. The facilitator, Nohline Geyer, says she encouraged the participants to start small, before looking outside their community for investors. “I suggested a coffee shop and a car repair shop before going on to the bigger ideas.” She adds: “You plant that seed: you are worthwhile, you can succeed in what you’re doing. You emphasise what they have, not what they don’t have.” Thirty-one-year-old Sipho Ngobeni attended the workshop in Diepsloot. He already has a diverse business, called Diepsloot Kasi Hive. (Image: Lucille Davie)Itumeleng Molepo, 35, was one of those at the workshop. She has her own construction company, employing 10 people, and said afterwards: “I learned how to be a leader, and how to network with the people. It really helped me – I have learned how to take the business from the low to the medium to the high.” She has ambitions to expand into other sectors, such as making school shoes and uniforms. “It has given me self-esteem – how to sell yourself in business.” Her goal in five years is to be “a boss with a big company”.Another participant, 31-year-old Sipho Ngobeni, already has a diverse business, called Diepsloot Kasi Hive.  He and his 15 colleagues do a range of activities: logo design, flyers and business cards, sewing, mentoring orphaned children, cultivating herbs for restaurants, and more. He says they are looking for a potential investor to achieve their goals of setting up Diepsloot TV and producing a newspaper. “The workshop has been a reminder of things I’m good at,” he said afterwards.Responses from the participants included: “I have realised the potential in me”; “I have learned how to think out of the box”; “I now understand business principles”; “I have learned how to trust myself and sell myself”; “I understand the importance of business mentors”; and, “I have learned how to use current assets”.A group of these participants will be selected to go to the hub, which, when full, will contain 180 businesses. Yet those who are not selected will not be forgotten, says Retief. “The programme also makes allowance for those entrepreneurs who do not make it into the full programme, as we have an auxiliary programme which provides applicants with basic business and/or skills training in our facility without actually having an SMME in the facility. This creates a future stream of SMMEs as well as people with increased skills who will be more ready for the workplace and an asset to any business.”Participants will spend up to three years in the incubation hub. “Thereafter they graduate to an interim facility with limited support for up to two years, after which they should become fully self-sufficient businesses.”last_img read more

2011 Predictions: Audrey Watters

first_imgEditor’s note: Every December the ReadWriteWeb team looks into the murky depths of the coming year and tries to predict the future. How did we do last year? Well, Facebook didn’t go public, Google Wave didn’t make a comeback, and Spotify didn’t make it to the U.S. But our forecasts for Google Chrome, cloud computing, Facebook and something we called the “iTablet” were spot on. What’s in store for 2011? All this week we’ll be posting our predictions. Let us know your prognostications in the comments.1: There will be major opportunities and innovations around big data – storage, processing, analytics. “Data-driven” will be the new buzzword. “Data scientist” will be the new hot job. So in the spirit of the film The Graduate, I want to say one word to you. Just one word. “Statistics.”2: Governments and corporations will continue their crackdown on “inappropriate” and “illegal” content online, using WikiLeaks and file sharing as the excuse. People will debate what’s protected under the First Amendment versus Terms of Service agreements.ReadWriteWeb’s 2011 Predictions:2011 Staff Predictions2011 Predictions: Klint Finley2011 Predictions: Curt Hopkins2011 Predictions: Sarah Perez2011 Predictions: Mike Melanson3: Peer-to-peer services will expand, in part as a response to #2. P2P technologies and networks will improve, and new services will spring up that privilege trusted relationships.4: “Not dead yet,” squeaks the Web. Thank you, HTML5.5: Investor dollars will flow into the education technology sector, and there will be lots of acquisition activity in ed-tech as many large media, publishing, and tech companies stake their claim in the space. But there will also be several ed-tech scandals (test-score related) and failures (yes, Kno).6: Openly-licensed content – open education resources, open source, open data – will thrive, as more people question outmoded intellectual property laws. Nonetheless, there’ll still be patent and copyright infringement lawsuits aplenty. 7: Mobile payments will explode, and our phones will increasingly become our wallets. The growth will not lie solely with apps and in-app purchases on smartphones, but will come from carrier billing arrangements on all types of mobile phones.8: Tablets will be the hot device of 2011 – a lot of new buyers, a lot of new manufacturers. Most of the latter will suck, and the iPad will continue to dominate sales (and app sales) until late in the year when a decent Android tablet is released. Despite over a year to prepare, it will fail to have a better name than “iPad.”9: Maker Fairs will flourish. Hobbyists will build mind-blowingly cool projects. And inspired by the likes of Kinect, Scratch, and LegoMindstorms, legions of kids will be inspired to become builders and hackers.10: My mom will join Facebook. audrey watters Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Marketcenter_img Tags:#predictions#web A Web Developer’s New Best Friend is the AI Wai… Related Posts last_img read more

Choosing the Right Wall Assembly (2013)

first_imgWhile the condensing surface is picking up moisture, Dorsett adds, “at any other point within the batts the fiber temperature is above that temperature, and no condensation occurs.”“If [the condensing surface] is a hygroscopic material such as OSB sheathing, [the moisture] doesn’t condense either, but instead adsorbs into the material, never achieving a true liquid state (unless there is so much moisture entering the cavity from air leaks that the OSB saturates),” he writes.The real risk is that sheathing made from oriented strand board will rot. This problem is known as the “cold OSB” problem, according the GBA senior editor Martin Holladay. When OSB gets wet but never has the opportunity to dry out, it can, in Holladay’s words, “turn to oatmeal.”According to Jesse Thompson, an architect in Portland, Maine, “A double-stud wall with any type of batt insulation is a high-risk wall system in a cold climate, due to the cold sheathing issue.”Lots of houses built that way in the 1980s and 1990s are still standing, Thompson says, but that kind of wall assembly is “too risky for us to recommend.” Michael Roland is designing a new house and trying to choose the right wall assembly. It’s down to a choice between a double-stud wall filled with fluffy insulation, or a single wall wrapped in a layer of rigid foam insulation.“Using exterior rigid foam solves thermal bridging and prevents condensation within the batts in the wall cavity,” he writes in a Q&A post at Green Building Advisor. “Double-wall construction also solves thermal bridging, but what about the dew point within the batts? Won’t there be a condensation problem?”That’s the topic for this Q&A Spotlight. Moisture won’t condense in battsDon’t worry about condensation on batts, writes Dana Dorsett, because it simply won’t occur.“Condensation doesn’t happen in batts,” he says. “Because batts are extremely vapor-permeable, and low-mid density batts are so air-permeable, whenever the coldest surface of the cavity reaches the dew point of the entrained air in the cavity the moisture condenses on that surface, not in the fiber itself.” CONSTRUCTION DETAILS High R-Value Walls: Building Plans for Double-Stud Wall Construction RELATED ARTICLES Avoid OSB sheathing in the first placeAnother strategy is to use plywood or diagonal board sheathing rather than OSB, along with a ventilated rainscreen gap between the siding and the sheathing, Holladay says.“+1 on the plank sheathing and rain-screened siding recommendations!” Dorsett says. “OSB is mold-food, and needs to stay much drier than solid wood to avoid damage. Moisture gets into end grain much easier and wicks further than the side-grain of planking, and the processing heat that uses the wood’s own lignin as the ‘glue’ converts a good fraction of that lignin into simpler wood-sugars more readily fed upon by fungus and mold.”Or, as Lucas Durand points out, in areas where building codes permit, it’s possible to build a wall with structural sheathing on the inside and only a weather-resistive barrier (WRB) such as housewrap on the outside. Durand says the plywood sheathing also is the air barrier and the vapor retarder. As for the details, he offers a link to photographs of his own house, currently under construction in Ontario.And one more approach, as Patrick Walshe suggests, is to use a double wall with exterior insulation, “though of course it would be more expensive.” His approach for a house on Vancouver Island was a 9 1/4-inch-thick staggered-stud wall with 2 inches of rigid rock wool insulation on the outside. Reducing the risk of moisture damageThere are, however, ways of reducing the risk of moisture accumulation and decay in sheathing, as several GBA readers point out.Dorsett says that one approach is to use a hygroscopic insulation — that is, a type of insulation that can absorb moisture — such as cotton batting or cellulose. “The insulation in contact with the cold surface will adsorb moisture too, which results in lower moisture accumulation in the sheathing,” Dorsett writes. “Cellulose can take on quite a bit of moisture before saturating and losing R-value, and can store then re-release the moisture as conditions change.”This characteristic makes it a good choice in thick wall assemblies with high R-values, he says. Dense-packed cellulose also limits air permeability and increases the “moisture buffering capacity.”Fiberglass batt insulation, on the other hand, is not hygroscopic.Thompson seconds the advice. With double-stud wall construction, he suggests careful air sealing and blower-door results of less than 1.5 air changes per hour at 50 pascals of pressure (described as 1.5 ach50, a standard testing metric).“A well-air-sealed double-stud wall (better than 1.5 ach50) with dense-packed blown-in cellulose (not loose fill) or perhaps blown-in fiberglass seems to be a low-risk wall system,” Thompson says. “The worse you air seal, the more the risk goes up with this wall.”A layer of rigid foam insulation also lowers the risk of moisture damage, even with “mediocre air sealing,” because it keeps the sheathing warm. “That’s why Building Science [Corp.] is such a fan of exterior foam,” he adds. “You can be a pretty sloppy builder and still not get building failures with this system.” How Risky is Cold OSB Wall Sheathing?Green Basics: Double-Stud Walls Is Double-Stud Wall Construction the Path to Efficiency on a Budget?Choosing the Right Wall Assembly (2015)Six Proven Ways to Build Energy-Smart WallsCellulose Insulation Calculating the Minimum Thickness of Rigid Foam SheathingGreen Basics: Insulation OverviewInstalling Roxul Mineral Wool on Exterior Walls Our expert’s opinionHere’s what GBA technical director Peter Yost had to say:There are lots of really great points in this exchange, representing good understanding of the hygrothermal performance of materials and assemblies.Some key points:Interstitial condensation during cold months on the first condensing surface in the assembly is always a function of interior relative humidity, as well as the temperature profile of the assembly. Let’s not forget to manage wintertime interior relative humidity as we manage the assembly profile.A continuous air barrier is critical no matter which assembly is selected; interstitial condensation driven by air leakage trumps vapor drive by a long shot.Look at the wetting and the drying. The famous Canadian building scientist, Mark Bomberg, is known for, among many things, this quote: “Our buildings get wet during the winter but don’t rot till the summer.” He was speaking in the context of adding central air conditioning to homes in cold climates; without the AC they were getting wet in the winter and drying out in the summer. Add AC, and the reduced drying sends the assemblies over the moisture management cliff.Some builders using double-stud walls in cold climates are adding a smart vapor retarder, such as 475 Intello or CertainTeed’s MemBrain, to manage moisture drive into the assembly during the winter yet maintain drying to the interior during the summer.Finally, I really like the double-stud wall system, with structural sheathing either on the interior or on the exterior wall. What is a shame is to use structural 2-bys for the non-structural wall. It’s just not resource-efficient. Really light-gauge, cold-formed steel framing, or non-structural 2x3s, or even something like the Site-Engineered Environmental (SEE) stud make a lot of sense to me for the non-load bearing wall.last_img read more

Act Your Financial Age

first_imgBaby Boomers (Born 1946-1964, Age 55-73 in 2019)Determine when to claim Social Security and develop a strategy to provide income from investmentsLearn about Social Security, Medicare, and pension benefits as you approach the age of eligibilityInvestigate later life housing and living costsLearn about required minimum distributions (RMDs) from tax-deferred retirement savings plansTry to pay off all debt before retirementTake advantage of available “senior discounts” Young woman By Barbara O’Neill, Ph.D., CFP®, Rutgers Cooperative Extension, boneill@njaes.rutgers.eduPFMP staff serve service members and their families at all ages and stages of life from young enlisted personnel getting a credit card in their 20s to those receiving retirement pay decades later. Thus, it is essential to understand how different generations handle money. Below are some examples of generational differences:Millennials spend the most of any generation on eating out and Generation X spends the most on housingMillennials are more likely than other generations to not carry around any cashCredit card use and credit scores increase with age as do health insurance premiumsYounger tax filers are more likely to use software and older tax filers more likely to hire a tax professionalEach decade of one’s financial life has suggested recommendations. Below are action steps for the four generations that are currently in the workforce or retired. Positive action steps taken as a young adult should continue throughout one’s adult life. A military homecoming. Portrait of an African American woman wearing navy camouflage uniform standing outdoors with her family. Her husband is holding their 5 year old son who is in the middle between his parents. Return to article. Long DescriptionGet strategic about philanthropy and/or gifting to family membersTalk to children/heirs about finances and estate planningStreamline and consolidate financial accounts and downsize and/or donate excess “stuff”Take RMD withdrawals from tax-deferred retirement savings plans (e.g., 401(k)s and Traditional IRAs)Make sure family members and/or advisors know where to find personal and financial documentsAdjust lifestyle to declining real income, if neededFor additional information about financial tasks for different generations, review the Military Families Learning Network webinar Financial Planning Transitions for Different Generations. Return to article. Long DescriptionGeneration X (Born 1965-1981, Age 38-54 in 2019)Continue to invest for the long term in stocks or stock mutual fundsDiversify investments and periodically rebalance portfolioEnhance employment skills (build human capital)Try to “max out” retirement savings plan contributions; take advantage of catch-up contributions at age 50+Talk to aging parents about their financesPrepare a will and living will if one wasn’t already created Mature/Silent/Traditionalist Generation (Born 1927-1945; age 74-92 in 2019) Return to article. Long DescriptionPhotospin/Ruslan KudrinMillennials or Generation Y (Born 1982-2000; Age 19-37 in 2019)Train for a career and become financially independent from parentsLearn to budget and “pay yourself first”Develop a repayment strategy for student loansBuild an adequate emergency fund (i.e., 3 to 6 months expenses)Build a positive credit historyDevelop investing expertise and start investing for retirementBuy life insurance to protect dependents and/or student loan co-signersBalance YOLO (You Only Live Once) and FOMO (Fear of Missing Out) mindsets with financial security Return to article. Long Description https://pixabay.com/photos/adult-elderly-face-man-old-person-1852908/ https://pixabay.com/photos/portrait-lady-glasses-woman-face-2827173/last_img read more