Tag: poverty
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More than 40 Percent of Adults Struggle to Make Ends Meet
In their first national survey on financial well-being, the Consumer Financial Protection Bureau (CFPB) has found that over 40 percent of U.S. adults have a hard time making ends meet. Utilizing a 10-question survey, the National Financial Well-Being Survey provides the “first-ever national data directly measuring the financial well-being of U.S. consumers.”
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5 Cities Working to Preserve Affordable Housing
With rising housing costs, renters across the United States are struggling to find affordable housing. Millennials—who comprise half of all renters—have to balance appreciating rents with high student loan debt and low wages. The availability of affordable housing is paramount, as it allows Americans to save money, provide stability for their families and create better…
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Is the Mortgage Industry Painting with too Broad a Brush?
Becoming a homeowner helps safeguard a person’s professional achievements and can pull them out of poverty. However, current mortgage lending trends show that a significant portion of Americans are being all but excluded from homeownership by stringent credit-assessing practices leading to mortgage rejections. The Great Recession, which saw nearly 8 million American homes fall into…
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Newsletter: The Key to Maintaining Relationships with Women – The Poverty Problem Keeping Women Out of Housing
The Key to Maintaining Relationships with Women Whether they are with a partner, family members, close friends or colleagues, long-term relationships are all maintained in distinct ways. If you know someone long enough, you discover what you mean to each other and what you enjoy doing together. Physical distance is a factor that significantly complicates…
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Happy National Homeownership Month this June!
June is National Homeownership Month, dedicated to recognizing the benefits of homeownership to our families, communities and country. A popular way to build wealth, homeownership offers the opportunity to create a better life and prosper, paving the path for future generations to succeed and also achieve the American Dream. Unfortunately, homeownership in America remains…
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New Findings on Wealth and Poverty in the U.S.
The U.S. Census Bureau has released the 2013 Wealth and Asset Ownership Detailed Tables highlighting the household net worth of American households. The tables “highlight annual household net worth estimates at the national level and are broken down by selected characteristics, such as race, household structure and poverty status.”
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The Poverty Problem Keeping Women Out of Housing
Women’s poverty—resulting from the gender wage gap, the pink tax and higher medical expenses throughout a woman’s life—is a pervasive crisis preventing women from creating stable living conditions. When you add the possibility of not having a college education or being a single mother the picture becomes all the more bleak.