In today’s tip Dennis Johnson of ClearPoint Financial Solutions and Eric Madkins of the Urban League of Metropolitan St. Louis discuss the importance of having emergency savings. They suggest having at least 3-6 months worth of living expenses saved, just in case something happens. Right now it’s more important than ever to be proactive and plan ahead. The more prepared we are, the better we’ll be able to weather this financial crisis.
November 12, 2008
As we continue to connect people to resources and raise awareness of the impact of the mortgage crisis in St. Louis the scope of the problem has become much broader and deeper. As a result, we at KETC have been discussing how to continue to connect people to resources and raise awareness and broaden our message. We are currently in planning for phase two of our project and expect launch to launch sometime soon.
In the meantime we believe that one way to look at the current crisis is through the lense of financial issues. We invite the community to be a part of this on Tuesday, November 18 at the Missouri History Museum for a screening of the film I.O.U.S.A. Prior to the screening of the film (6 – 7pm) many of our communtiy partners will be available to discuss financial issues and provide information. These organizations include Better Family Life, Beyond Housing, The St. Louis Beacon, The Metro St. Louis Foreclosure Prevention Taskforce, Clearpoint Financial Solutions, The Federal Reserve Bank of St. Louis, and the Urban League of Metropolitan St. Louis.
Watch the trailer for the film below.