Grandparents Bailing Out Their Grandchildren

Two in three grandparents gave money to their grandchildren in the past five years. Most gave less than $5,000. But the median amount given was $3,000; the average, $8,661. So we’re talking about more than a juiced birthday card. Much of the giving was for education (26%) and major life events (21%).

Read more: http://moneyland.time.com/2011/08/09/too-old-to-fail-grandma-rescues-the-grandchildren/#ixzz1VLhSTtpJ

This is an enlightening article. More signs that times are tough.

Answer to question # 11: Bob Dylan once advised us, "Don't trust anyone over 30."

Here is the next memory quiz question.

12. NFL quarterback who appeared in a television commercial wearing women's stockings...

    A. Troy Aikman
    B. Kenny Stabler
    C. Joe Namath
    D. Roger Stauback
    E. Joe Montana
    F. Steve Young
    G. John Elway