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BREAKING NEWS BRIEF
 Image Source: Jane Tyska / Bay Area News Group The master tenant of a San Francisco Bay Area warehouse where 36 people perished when a fire ignited during a 2016 dance party pleaded guilty Friday to the deaths, avoiding a second trial after the first ended in a hung jury. The Dec. 2, 2016, fire broke out at the warehouse during an electronic music and dance party, moving so quickly that victims were trapped on the illegally constructed second floor. Prosecutors said the victims received no warning and had little chance to escape down a narrow, ramshackle staircase. Derick Almena, 50, pleaded guilty to 36 counts of involuntary manslaughter in exchange for a 12-year sentence. Already free on bail, Almena likely won’t return to jail because of the nearly three years he already spent behind bars and credit for good behavior.
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HOW YOU COULD JOIN THE RANKS OF THE ULTRA WEALTHY
BUDGETING
Budgeting doesn’t have to be for adults only. Getting your kids involved can teach financial savviness early and prepare them for a future of financial literacy. The more involved in the process they are, the more kids can understand why some of their desires may not be possible, and you can show them that with careful attention, patience and responsibility, many goals can be achieved over time. There are many tips and tricks to help you stick with your budget as well as creating and abiding by your budget. Sticking to a budget can be hard, but it’s worth it. Whether you need to save for retirement, college expenses, everyday fun, or childcare, this is a great guide for budgeting this year.
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WEATHER UPDATE
 Image Source: Mark Garlick Getty Images Biden signed an executive order just hours after taking office Wednesday that reverses a decision by his predecessor Donald Trump to withdraw the U.S. from the climate accord. A move that was one of his campaign promises. More than 190 other nations are signatories to the document, which aims to limit greenhouse gas emissions and global warming. The goal of the agreement, which was finalized in 2015, is to limit global temperature rise to less than 3.6 degrees by the end of the century, the point at which scientists predict the consequences of climate change would ramp up, including catastrophic sea-level rise and more extreme storms, drought, and wildfires. Global warming has far-reaching consequences, from costing lives to affecting wildlife, agriculture, water supplies, food supplies, and global economies. Former U.N. Secretary-General Ban Ki-moon said renewed U.S. involvement in the agreement would strengthen international resolve. Experts say the United States’ re-entry into the Paris agreement could put the nation on track to cutting carbon dioxide emissions by 40% to 50% by 2030, the AP reported.
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PREPARING FOR THE FUTURE
When people sit down to explore life insurance options they often have two main questions: how much life insurance do I need and what type should I get? Just like many important life decisions, the answers vary from individual to individual. At its core, life insurance is meant to provide your dependents with financial support in the event of your untimely death. Ultimately, this means your beneficiaries can spend the proceeds wherever they need, whether that means using the money for living expenses, or covering the cost of future milestone events like college tuition or weddings. The actual cost of insurance depends on various factors such as age, health, amount of coverage, occupation, and a slew of other things. According to financial advisor, Jeff Rose most families should strive to have at least 10 times their income in life insurance coverage.
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LEARNING FROM THE PAST
 Image Source: Truffle Shuffle Blog Okay, this one was a complete giveaway – even if there wasn’t a picture. But seriously, I pity the fool who can’t remember back to this day back in 1983 when the A-Team first premiered on NBC. “Wanted by the military, the A-Team became urban folk legends: freelance Lone Rangers and modern-day Robin Hoods for the helpless and oppressed, mercenaries for justice against organized crime, crooked businessmen, greedy politicians, and so forth.” Here’s what else you need to know about this historic premier.
More From This Day In History On this day in 1571, this queen opened the Royal Exchange of London Stay Informed,  Rex Jackson P.S. Know someone who’d love the Brief Updates? Be sure to send them to this link so they can get signed up: BriefUpdates.com What did you think? |
The importance of the US rejoining the Paris climate agreement
