If you believe the reports, this country has a financial literacy problem.I don’t believe the reports.We have a financial behavior problem. I’m not throwing stones here, because I have behavior problems, too. Our behavior and decision-making abilities tend to ignore empirical data, even when the negative outcome is obvious and known.Take, for instance, smoking. I’m about to tiptoe here, because I’m not trying to get sued by big tobacco. The United States surgeon general states “there is no safe cigarette” and “(the poisons in cigarettes) damage DNA, which can lead to cancer; damage blood vessels and cause clotting, which can cause heart attacks and strokes; and damage the lungs, which can cause asthma attacks, emphysema, and chronic bronchitis.”At the risk of being dramatic and speaking in absolutes, everyone knows the “truth about cigarettes.” Do people still smoke? Of course they do. We’re not dealing with a literacy issue, we’re dealing with a behavior issue (and addiction, too). continue reading » 30SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The NCUA awarded $2 million in grants to 203 low-income credit unions, funding from the agency’s Community Development Revolving Loan Fund (CDRLF). CUNA strongly supports full funding for the CDRLF, and successfully fought to restore funding when the fund was zeroed out for fiscal year 2018.Grant awards ranging from $1,300 to $20,000 were made to credit unions in 42 states and the District of Columbia. Forty-four credit unions are first-time grant recipients. Twenty-eight are minority depository institutions. A total of 243 credit unions made grant requests of $2.5 million in this year’s grant round.The NCUA made awards in three categories:Digital services and security: 141 grants totaling $1,251,670;
The auction of 111 Alexandra Rd, Ascot.“The price is what convinced me to bid. It was a good price and I think we got a good deal.” Ray White Ascot marketing agent Vanessa Harte said the property attracted strong interest. “We had 40 groups through the home and lots of inquiries,” she said. “It’s rare to get a tennis court and it’s extraordinarily rare to get a tennis court on a separate title.”Ms White said she had no plans to develop the tennis court. The home at 111 Alexandra Rd, Ascot.A five-bedroom Queenslander with a tennis court on a separate title has sold under the hammer in Ascot. The character home with pool, VJ walls and ornate features at 111 Alexandra Rd sold for $2.4 million. Five bidders registered for the auction of the 1022 sqm property and four actively battled for the home. An opening bid of $1.5 million kicked off the action and the price increased in $100,000 increments to $2.3 million. Negotiations got the highest bid to $2.4 million and the home was called on the market and sold. New owner Debby White said she decided to bid on the home 15 minutes before she won it. More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019“We only saw it for the first time this week,” she said.