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.
October 20, 2008
I want to use this post as a way of soliciting some feedback, from you, about the direction of Facing the Morgage Crisis. While we have not created new content in awhile the work is still continuing here at KETC. The project team still gathers at 8:30 a.m. every morning to discuss how we move the work forward. We are still actively working with our community partners and we are still going out into the community making presentations. Recently, in our morning meetings we have been talking about how we can create content that will connect what has been going on in the financial system to St. Louis. In order to do this we are revisiting the focus of the project.
The current focus of Facing the Mortgage Crisis is to connect residents of the St. Louis community to trusted foreclosure prevention resources AND raise awareness about the impact of the mortgage crisis on the St. Louis region. Our current internal discussions are focused on expanding the work given how much the world has changed in the last few months. We are looking to create new content that serves a refined focus as we continue to connect people to resources. One of the many questions we are exploring is whether it’s time to expand to services beyond foreclosure prevention? What other types of social services are available for those struggling to make their house payments? These are some of the issues that we are exploring as we move forward.
One of the most important questions as we move forward is how do we continue to connect people to resources and expand the scope of the work? In expanding the scope we want to make sure that we are staying connected to what is going on in St. Louis. In order to answer these questions we are seeking your feedback. Please feel free to leave comments or send e-mails to firstname.lastname@example.org.