Comments on: Housing Counseling Funds Allocated http://banktalk.org/2008/10/23/housing-counseling-funds-allocated/ Exploring the Finances of the Unbanked Thu, 17 May 2012 04:33:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sheena http://banktalk.org/2008/10/23/housing-counseling-funds-allocated/comment-page-1/#comment-100 Sheena Thu, 06 Nov 2008 12:56:19 +0000 http://thisismyhomebook.wordpress.com/?p=354#comment-100 Yeah, it's really astonishing to see that the fundings have reduced in these financially difficult times when people are debt ridden and faced with foreclosure notices. Yeah, it’s really astonishing to see that the fundings have reduced in these financially difficult times when people are debt ridden and faced with foreclosure notices.

]]> By: Anonymous http://banktalk.org/2008/10/23/housing-counseling-funds-allocated/comment-page-1/#comment-98 Anonymous Wed, 29 Oct 2008 12:41:16 +0000 http://thisismyhomebook.wordpress.com/?p=354#comment-98 Yes, financial literacy is here to stay. Nowadays, people have to design their own financial plan. There are fewer and fewer instances when a worker can call upon a defined benefit pension. For low-income families, there are really three sources of wealth: the expected value of future wages, home equity, and pensions/social security. It appears that each pillar is now more shaky than we previously had accounted. Even the first, wages, is dependent upon the long-term value of job skills, and we know that with globalization, that there are more competitors for jobs. Yes, financial literacy is here to stay. Nowadays, people have to design their own financial plan. There are fewer and fewer instances when a worker can call upon a defined benefit pension.

For low-income families, there are really three sources of wealth: the expected value of future wages, home equity, and pensions/social security. It appears that each pillar is now more shaky than we previously had accounted. Even the first, wages, is dependent upon the long-term value of job skills, and we know that with globalization, that there are more competitors for jobs.

]]> By: Navdeep http://banktalk.org/2008/10/23/housing-counseling-funds-allocated/comment-page-1/#comment-99 Navdeep Wed, 29 Oct 2008 09:45:13 +0000 http://thisismyhomebook.wordpress.com/?p=354#comment-99 Really surprising..after this recent financial recession in the country, no. of foreclosures and bankruptcy filings will reach to its peak. This alarming trend highlights the need for increased financial literacy on a variety of home-ownership topics. Really surprising..after this recent financial recession in the country, no. of foreclosures and bankruptcy filings will reach to its peak. This alarming trend highlights the need for increased financial literacy on a variety of home-ownership topics.

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