Family Business: Living + Learning
WHY YOU SHOULD CARE
Because family is family — no matter which way you look at it.
By OZY Editors
Some good news for potential “older” moms: If you are able to have kids later in life, you might be wired to live longer, too. A new study found that women who can still give birth naturally after age 33 have a higher chance of living to extreme old age than those who had their last child before age 30. This doesn’t mean that you should wait to have children at an older age just to improve your longevity chances. But the natural ability to have a child at an older age “likely indicates that a woman’s reproductive system is aging slowly, and therefore so is the rest of her body.” Some women’s biological clocks simply run slower than most. So even if your clock is ticking, it might still be awhile before its alarm goes off — depending on your genes. Read the story here.
Going into business with family members is dangerous: You stand to lose not just your shirt, but also your relationship with some of your nearest and dearest. But businesses that don’t fall under the family-run rubric could learn a thing or two from some large-scale mom-and-pop firms that really are run by mom and pop. It turns out that families that can make a business venture work have a leg up on the nonfamilial businesses of the world. Not everyone wants to make a deal with their siblings, parents or cousins. But even if you’re starting out with virtual strangers, it may be worth taking a look at how the family-business model functions — and applying some of those lessons in diversity, togetherness and frugality to your own venture. Read the story here.
The odds of finding a reasonably affordable place to live shouldn’t be on par with the odds of winning the lottery, but in many areas of the country, rents outpace incomes so quickly that the odds aren’t in a lot of families’ favor. And this isn’t just about having a roof over your kids’ heads. Families that spend too much on rent end up spending less on vital things like food — triggering a downward spiral. Just 4.56 million, or about 24 percent of 19 million households, that are eligible for some kind of housing assistance actually get the help they need. And that’s for all of the households that fall under poverty guidelines, not just those in the most “extreme” poverty. Finding an affordable home should not be like the roll of the dice, but for some, it’s like winning the lottery. Read the story here.
- OZY Editors, OZY AuthorContact OZY Editors