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It doesn’t take much to upend many Americans’ finances. A car that won’t start, a furnace that dies or a trip to the hospital can leave households struggling to make ends meet.According to the Federal Reserve, 44% of U.S. adults say they would have trouble coming up with 0 to cover an unexpected expense. Even families who have more in the bank can flounder. Surveys by The Pew Charitable Trusts found that 51% of families with at least ,000 in savings reported trouble paying the bills after a financial shock.Yet it is hardly a shock if an appliance wears out or a car breaks down.It’s time to rethink what we mean by unexpected expenses. Some bills may be unpredictable in their amount or their timing, but they’re still inevitable. In other words: If you have a car, or a home, or a body, sooner or later it’s going to cost you.A better approach, especially for households currently living paycheck to paycheck, is to save for the most likely costs and have some kind of Plan B to handle the truly unexpected.Here’s how that might work with three of the most common unexpected expenses Pew found: 1119
It took Congress almost nine months, but they have finally agreed on another stimulus pkg. The deal provides a one-time stimulus check, extends the eviction mortarium another month, and adds an additional 0 supplemental to extended unemployment benefits.In total, it’s a 0 billion plan that now protects roughly 40 million Americans from potentially being evicted from their homes and prevents 12 million Americans from losing out on unemployment benefits.“It is a success and a win because that won’t happen,” said Stephanie Freed, “Beyond that, it’s not much of a win.”Stephanie Freed is among millions of Americans who are unemployed and have already expired out of unemployment benefits. Under the new deal, she will be able to now apply for unemployment again and will be eligible for the additional 0 weekly supplemental. However, even with reinstated and slightly higher benefits, it will still be a struggle to get by.“The 0 is half of what people needed to survive, and the bigger problem is that it is not retroactive,” said Freed. “There has been five months with no additional benefit, state UI is not a livable wage.”Freed has created an online organization called ExtendPUA in order to help others who are also struggling with unemployment during the pandemic. There are members of Extend PUA that have been getting as little as a week in unemployment benefits since the 0 federal supplemental dropped off in July.Grant McDonald is the co-founder of Extend PUA and knows firsthand that state unemployment benefits alone are not enough to survive. Like many, he has had to drain his savings and take on significant debt to just keep him barely afloat.“Personally, I have not kept up with the number because I have just been trying to keep up with it all,” said McDonald. “I am just trying to pay as much as I can and watch my savings slowly disappear.”In the latest stimulus package, Congress did agree on a 0 stimulus check that some say could help with debt accumulated.“I think 0 is what rich people think poor people think is a lot of money, when in reality, that additional 0 plus the 0, one-time, is not going to help anyone pay any of the accumulated debts,” McDonald added.For Freed, McDonald, and the thousands of unemployed people who have reached out to Extend PUA, the new stimulus deal is something, but nothing close to what they’ve been waiting nearly nine months for.“We understand there are some wins here but mostly it means that we have to keep fighting,” said Freed.The Biden administration has called this latest package a “down payment” to the American people, signaling an expectation for yet another more robust stimulus deal. Members of Congress, on both sides of the aisle, have also mentioned a need for another stimulus deal soon. However, similar messaging was heard after the passage of the CARES Act, and then it took nearly nine months to see a significantly smaller relief package. 2965

In remembering former President George H.W. Bush, the Secret Service tweeted out a touching message Tuesday. According to the agency, Bush once shaved his head to support a Secret Service agent’s son who’d been diagnosed with leukemia. According to the agency, the security detail all planned to shave their heads to show support for the 2-year-old diagnosed with the cancer. When the former President learned of the plan, he decided to join in. Check out the pictures below: Everyone's #TuesdayThoughts are on President Bush & we wanted to share a memory. In '13, Timberwolf learned that the 2-year-old son of an agent on his detail was diagnosed with leukemia & the detail was going to shave their heads. You can see what happened, in classic 41 manner. pic.twitter.com/3Y0vnjNruJ— U.S. Secret Service (@SecretService) December 4, 2018 853
INDIANAPOLIS — Multiple people were treated for injuries after being stabbed near public library in downtown Indianapolis.Police were called to the scene on East St. Clair Street around 4:30 p.m. local time Saturday.According to Indianapolis Fire Department PIO Rita Reith, the attack started in the American Legion Mall and spilled over across the street into the entrance way of the public library. Four people were taken to the hospital to be treated for stab wounds - including the suspect. Reith says two of the victims are in critical conditions. The other two suffered serious injuries. None of them are believed to be life-threatening injuries. Witnesses say the person responsible for the stabbing rode into the park on his bike and was playing loud noises on a megaphone. When people asked him to turn it off and stop he pulled out a knife and started stabbing. Reith said the suspected will remain in police custody while he is treated at the hospital. No identities have been released. The incident remains under investigation by the Indianapolis Metropolitan Police Department. 1128
IOWA CITY, Iowa — A young child died due to complications from coronavirus in June, the first confirmed death of a minor in Iowa during the pandemic, the state health department belatedly announced Sunday evening.The Iowa Department of Public Health said the state medical examiner’s office concluded its case investigation Aug. 6 into the death of the child, who was under the age of 5. But the death wasn’t reported in the state’s statistics until Saturday, more than two weeks later.“The child’s death was publicly reported this weekend after ensuring the individual’s identity would remain protected and notifying the family,” the department said in a statement. “We have made every effort to protect the identity of this child, while the family grieves this devastating loss. Again, we send our sincerest condolences.”The department says the medical examiner performed a full range of testing to determine the cause of death and the child’s health history was taken into account.“Ultimately, COVID-19 was deemed the cause of death,” the statement said.The confirmation of the state’s first child death comes one day before dozens of school districts are prepared to begin the school year on Monday — a development that has many educators and parents already on edge.Iowa Gov. Kim Reynolds has ordered schools to reopen for at least 50 percent in-person instruction, despite a pandemic that has already killed 1,036 people and seen infections soar in recent days. 1475
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