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SAN DIEGO (KGTV) - Investors are watching carefully to see if interest rates keep dropping, or if they may eventually dip below zero in the United States.Recently, former Chairman of the Federal Reserve Alan Greenspan said it's a possibility, as rates have remained historically low for the past few years.In San Diego, the results of a negative interest rate would be good news for some and bad news for others."Low rates are a double-edged sword," says Dennis Brewster of SagePoint Financial. "If you're a borrower, if you're looking to buy a house today, mortgage rates have never been lower. But if you're a saver and you have money in the bank or in a CD, your rates are pretty poor."Brewster says the interest rate tends to drop when growth in the US is slow, both for the population and the Gross Domestic Product. He says that's what's happening now, as the baby boomer generation is getting older and later generations have fewer children. Brewster says slower population growth leads to slower economic growth because there are fewer people in the workforce, which means company production is down, and so is spending. He says that is happening despite record low unemployment.As for negative interest, Brewster says the average San Diego shouldn't worry since it's unlikely to happen."I wouldn't change your long term plans," he says. "The economy can move forward through high or low rates." 1411
SAN DIEGO (KGTV) - If you couldn't work, how far could you go without a paycheck? No one is immune to an unexpected injury or illness, and the financial hit can be devastating. The Social Security Administration (SSA) reports that one in four of today's 20-year-olds will become disabled for 90 days or more before retirement age. Having a plan for the long term can relieve a lot of stress if the unexpected does happen.One option is disability insurance; there's short-term and long-term. Disability insurance pays a portion of your income if you are suddenly unable to work because of illness, injury, or accident.You can get coverage through an employer or buy it from an insurer. According to State Farm, long-term disability insurance:Pays monthly income directly to you when you're unable to work because of a covered total disability.You choose the length of time you must be disabled before you start receiving benefits (Elimination Period) and the length of time you would receive benefits.Options include a five-year benefit period or a "to age 67" benefit option.Maximum monthly benefit amounts range from 0 to ,000, based on your income and occupation. You can customize your coverage with different riders.While different factors affect the cost, the annual price for a long-term disability insurance policy generally ranges from 1% to 3% of your annual income.According to the Council for Disability Awareness, 34.6 months is the duration of the average long-term disability claim.The nonprofit helps prepare people for unexpected injury through its five-step financial plan to give you a clearer understanding of your financial "big picture," including:Your sources of income, monthly expenses, and lifestyleThe impact a long-term disability could have on themPreparing a plan of action to address the crisisResources after life-changing disabilityMost people never expect a life-changing disability will happen to them, including San Diego resident Kat Blue. Blue was rear-ended at a red light on Feb. 1, 2018, and had previous head injuries before that."This one resulted in a concussion that just never went away," said Blue.A few weeks after the accident, Blue realized she could barely complete simple tasks like writing an email or talking on the phone. She suffered a traumatic brain injury (TBI), which would change her life forever. She constantly deals with nausea, dizziness, tetanus, and migraines. Blue has struggled to navigate the healthcare system and because she cannot work is constantly seeking resources so she can remain in San Diego."You have to advocate for yourself because there's no one within the system who is going to do it for you," said Blue. Blue says she does not have the resources to relocate and says San Diego offers a lot of support for TBI survivors. She's relied on Medicaid for medical care, which has helped with resources like a nurse care manager, but she says there are holes in the system."I'm still fighting to get a TBI specialist, I'm still trying to get a lot of the treatments and specialists and therapies that I believe could help me," said Blue. The San Diego County Health & Human Services Agency is ready to help San Diegans whose incomes have been impacted by an unexpected disability:CalFresh: Food assistance:Medi-Cal: Free or low-cost health coverage for children and adults with limited income and resources. If you qualify, you can enroll in Medi-Cal year-round.CalWORKS: Public assistance program that provides cash aid and services to eligible families that have a child(ren) in the home."You may not need our benefits today, but in the future, if you do we're here, and we encourage everyone to apply," said Rick Wanne, Director of Eligibility for the County of San Diego Health & Human Services Agency.Wanne says the County also has a close relationship with 211. "211 is a great resource for a number of reasons, they can provide general information over the phone about a whole variety of resources here in San Diego, additional food assistance, housing resources, where to find a local medical provider," said Wanne. Wanne said in addition to what the County offers many local nonprofits and other entities provide help.Blue says she's found the following resources helpful when advocating for herself:Legal AidCalifornia Department of Rehabilitation (DOR)Disability Rights CaliforniaBlue says she's also taken advantage of recreation opportunities through Sharp, some of which are free. Sharp also offers support groups for people with various disabilities. Another program that's been instrumental in Blue's recovery is Love Your Brain Yoga, a free program for TBI survivors. "A good part of my day is spent just trying to feel better, just trying to get well enough to do what I need to do that day," said Blue.Blue remains hopeful she'll get the care needed for her healing and says she'll continue to do everything possible to stay in the city she calls home. 4971

SAN DIEGO (KGTV) — Just as he begins his campaign to become San Diego's next mayor, Assemblymember Todd Gloria was fined for violating the Political Reform Act.According to the California Fair Political Practice Commission, Gloria, "failed to timely file a Candidate Intention Statement prior to receiving contributions to his candidate-controlled committee, Todd Gloria for Assembly 2020."The FPPC fined Gloria 0. They say Gloria paid that fine.RELATED: Poll: Gloria pulls early lead in San Diego mayoral raceSan Diego, at last, has Republican candidate for mayorSan Diego's top Democratic mayoral candidates square off in debateAccording to the California Secretary of State's website, before raising any campaign funds, state candidates file "Statements of Intention" to run for a specific office. Candidates can file Statements of Intention for more than one office.Gloria's signed statement of intention shows the state received it on Aug. 13, 2019. That's after the campaign committee was opened and filed a "Recipient Committee Campaign" statement.In August, officials with the California Fair Political Practices Commission told 10News Gloria called FPPC Enforcement and self-reported.A spokesman for Gloria said they look forward to the final resolution of the matter: "Assemblymember Gloria agreed to this settlement to resolve any and all outstanding issues regarding the filing of his Form 501."Earlier this week, Gloria tweeted he officially pulled nomination papers to run for Mayor of San Diego in 2020, writing, "I'm ready. Let's do this." 1566
SAN DIEGO (KGTV) -- If you have ever visited Lake Miramar, you know it is home to Chinese geese. But one goose, in particular, is healing both man and fellow beast. Louie is hard to miss He's the only white Chinese goose left at the lake and he's a bit of a celebrity.Dave Brandenburgh works at the concession and bait store at the lake and feeds the geese every day."Best part of my day is feeding the kids ... they always want food, but Louie is the one you have to watch out for, one minute he will be eating out of your hand and the next minute he will take my leg off!" Brandenburgh says.Nearly 100 visitors a day want to know where the cranky, white goose named Louie is located. But he has a soft spot for a little abandoned duck, named Alphie."This new little person thinks he's a goose, his bottom feathers haven't developed yet. Louie has taken him under his wing and adopted him," said Brandenburgh.But Louie's true love is a woman named "Mother Goose.""He just loves her and she's the goose whisperer," said Brandenburgh.Louie is known to attack but when he sees Mindy Dreiserd he turns to mush. She has visited him every day for 4 years. He's never tried to bite her. She can hug and even pick him up. When he had a respiratory infection, she nursed him back to health. And when she struggled with alcoholism and depression he was there for her."He's been the reason I've been sober ... that connection and desire ... he makes me happy when I question why sober anyway," Dreiserd said.With Lake Miramar garnering increased attention, the City of San Diego is reminding visitors to not feed the animals.In a statement, the city said: "For the safety of the public, it is against the rules for anyone to feed ducks, geese or any other wild animals at City of San Diego reservoirs." 1800
SAN DIEGO (KGTV) -- In a school year where parents and teachers have had to adjust over and over again, teachers are sharing their stories of hope and gratitude with ABC 10News.Dawn Harrison teachers her first grade students virtually from her classroom in the Chula Vista Elementary School District. She hopes one day, she won’t be alone in her class.“I would much prefer to be face to face with my kids and be able to get the hugs… be able to pat their little back or hold their hands,” Harrison said.She knows that is not a reality right now, but thinks about what she is grateful for. She looks forward to monthly distribution days, where she will see colleagues and students for a brief moment when they pick up materials. She is thankful for parents, as she knows this has been difficult for everyone.“They take into consideration my thoughts and feelings, too,” Harrison said. “The parents that have shared with me, they’ve been very thoughtful of taking everybody’s perspective and situations at home.”Harrison has also found an even greater love for another teacher— her husband.“The way he engages [his students], the experiences he’s able to provide for them, it gives me a new appreciation for him,” she said of her husband Rick Meads, a teacher at Eastlake High School.Meads sang his wife’s praises as well. “I’m telling you, the amount of energy that she has to expend for first graders is a whole lot different than what I have to do,” he said. “I don’t know how she does it, but she’s amazing.”Meads is grateful that he is still able to teach, although it is in a format that is new for many educators.“I’m really thankful that we are able to have this opportunity to do this online. If you think about this ten years ago, it would have never happened,” Meads said. ‘I’m not sure what we would have done.”During the summer, elementary school teacher Kelly Martin told ABC 10News that someone described the current situation as a “corona coaster.”With many still on this “corona coaster,” Martin is thankful for her students. “I’m so appreciative of that hard work because three months of this is getting a little draining on some of them,” she said. “I just look forward to finding ways to keep connecting with the students.”As she looks ahead to a new year, Martin said she hopes to “keep it fresh and keep it new, so that the monotony of online learning doesn't drag us down.” 2402
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