This document provides guidance for homeowners who are unable to meet their mortgage repayments. It outlines key steps to take such as speaking to your mortgage lender as soon as possible, getting money advice from specialist agencies, and paying what you can afford even if it's not the full amount due. The document also discusses potential financial help options from insurance policies, state benefits, and government schemes. It answers common questions about the complaint process and legal actions. The overall message is to act now, explore all available options for assistance, and avoid rash decisions like taking on more debt without advice.
This document provides tips and strategies for managing personal finances. It discusses earning money, spending habits, saving, investing, and giving. Some key points include tracking expenses, setting financial goals to save 10-20% of take-home pay and live on 70%, paying yourself first by saving, reducing costs through eliminating unnecessary spending, getting out of debt, and creating a 90-day plan to improve money management skills and turn finances around. The document emphasizes taking action, getting started, and not putting off improving one's financial situation.
TORONTO – The Investment Funds Institute of Canada (IFIC) released a seminal report
– The Value of Advice: Report - which provides a clear, unbiased view of what advice means to
the financial well-being of Canadians and how it builds their confidence in their financial future.
Advisors provide valuable services to clients including assisting with financial planning targets, choosing appropriate investment vehicles, and developing customized asset allocations. Advised households accumulate significantly more wealth across all income and age groups, with double the participation in savings vehicles like RRSPs and TFSAs compared to non-advised households. Advisors help clients make important financial decisions throughout their lifetimes.
This document introduces IODM, a cloud-based debt management application that allows customers to generate demand letters to collect debts. IODM automates letter scheduling and production, improves debtor behavior, reduces overdraft costs, and provides management reports. IODM has a strategic partnership with a global debt collections firm to offer worldwide services. The document outlines how IODM offers a cheaper alternative to traditional debt collection with no commissions, contracts, or legal fees. It provides testimonials and outlines the benefits for both customers and potential partners.
This document provides a beginner's guide to protecting one's future through various types of insurance policies. It discusses why protection is important, especially for those with dependents. The different types of policies covered include life assurance, income protection, critical illness coverage, and long term care insurance. For each type, it gives a brief overview of what the policy provides and who might benefit from it. The document stresses the importance of considering one's individual situation to determine the best options for protection. It concludes by offering to provide a comprehensive review and customized plan for the reader.
This document provides an overview of factors to consider when planning for retirement income. It discusses whether you are emotionally and financially ready to retire, and the importance of timing your retirement. It also addresses considerations around working during retirement and estimating your annual retirement income needs. Key factors discussed include healthcare costs, inflation, taxes, expenses for children/parents, and ensuring adequate funds are left to heirs.
This document discusses social finance as a sustainable approach to managing money that delivers both social/environmental benefits and economic returns. It provides examples of social finance at different levels of involvement from grants to equity investments. Products include venture capital funds, local development funds, and debt mechanisms. When perspectives are aligned constructively, social finance can create innovative solutions and change whole systems as seen with the Great Bear Rainforest agreement in Canada.
This document provides information on various financial topics including retirement planning, home remodeling, lost savings bonds, and asset allocation. It discusses how pursuing passions even with less pay can lead to greater happiness in retirement. It also notes that asset allocation should consider goals, risk tolerance, and timeline rather than taking more risk than able to handle. Safety first is recommended by keeping investments broadly diversified and following basic investment rules.
This document provides tips and strategies for managing personal finances. It discusses earning money, spending habits, saving, investing, and giving. Some key points include tracking expenses, setting financial goals to save 10-20% of take-home pay and live on 70%, paying yourself first by saving, reducing costs through eliminating unnecessary spending, getting out of debt, and creating a 90-day plan to improve money management skills and turn finances around. The document emphasizes taking action, getting started, and not putting off improving one's financial situation.
TORONTO – The Investment Funds Institute of Canada (IFIC) released a seminal report
– The Value of Advice: Report - which provides a clear, unbiased view of what advice means to
the financial well-being of Canadians and how it builds their confidence in their financial future.
Advisors provide valuable services to clients including assisting with financial planning targets, choosing appropriate investment vehicles, and developing customized asset allocations. Advised households accumulate significantly more wealth across all income and age groups, with double the participation in savings vehicles like RRSPs and TFSAs compared to non-advised households. Advisors help clients make important financial decisions throughout their lifetimes.
This document introduces IODM, a cloud-based debt management application that allows customers to generate demand letters to collect debts. IODM automates letter scheduling and production, improves debtor behavior, reduces overdraft costs, and provides management reports. IODM has a strategic partnership with a global debt collections firm to offer worldwide services. The document outlines how IODM offers a cheaper alternative to traditional debt collection with no commissions, contracts, or legal fees. It provides testimonials and outlines the benefits for both customers and potential partners.
This document provides a beginner's guide to protecting one's future through various types of insurance policies. It discusses why protection is important, especially for those with dependents. The different types of policies covered include life assurance, income protection, critical illness coverage, and long term care insurance. For each type, it gives a brief overview of what the policy provides and who might benefit from it. The document stresses the importance of considering one's individual situation to determine the best options for protection. It concludes by offering to provide a comprehensive review and customized plan for the reader.
This document provides an overview of factors to consider when planning for retirement income. It discusses whether you are emotionally and financially ready to retire, and the importance of timing your retirement. It also addresses considerations around working during retirement and estimating your annual retirement income needs. Key factors discussed include healthcare costs, inflation, taxes, expenses for children/parents, and ensuring adequate funds are left to heirs.
This document discusses social finance as a sustainable approach to managing money that delivers both social/environmental benefits and economic returns. It provides examples of social finance at different levels of involvement from grants to equity investments. Products include venture capital funds, local development funds, and debt mechanisms. When perspectives are aligned constructively, social finance can create innovative solutions and change whole systems as seen with the Great Bear Rainforest agreement in Canada.
This document provides information on various financial topics including retirement planning, home remodeling, lost savings bonds, and asset allocation. It discusses how pursuing passions even with less pay can lead to greater happiness in retirement. It also notes that asset allocation should consider goals, risk tolerance, and timeline rather than taking more risk than able to handle. Safety first is recommended by keeping investments broadly diversified and following basic investment rules.
Nsl Product Guide Fixed Rate Interest Onlywindiee Green
This document describes North Star Lending's fixed rate interest-only mortgage product. It offers 30 and 40 year fixed rate mortgages with an interest-only payment period for the first 10 years, then fully amortizing for the remaining term. It provides loan-to-value limits, qualifying criteria, eligible property types, occupancy types, and underwriting guidelines for the product.
The document outlines examples of good practices for interest-only mortgages identified by the Financial Services Authority. It discusses checking the plausibility of repayment strategies, implementing extra safeguards for riskier strategies like selling the mortgaged property, using clear proposal forms to document strategies, effective disclosure of risks to consumers, and proactively reviewing maintenance of repayment vehicles.
1. The US mortgage market has grown significantly over time, with mortgage debt outstanding growing to over $8 trillion as of 2004, roughly doubling as a percentage of disposable personal income since 1980.
2. Mortgages are originated by a variety of retail institutions and are often sold on the secondary market, with government sponsored entities like Fannie Mae and Freddie Mac securitizing lower risk mortgages that meet certain criteria.
3. The aggregate loan-to-value ratio for owner-occupied housing has increased less sharply than other debt measures and has not increased much since the mid-1990s.
1. Most Americans are not financially capable and have strikingly low levels of financial literacy.
2. Lack of financial literacy and capability creates instability at both the micro and macro levels by leading many to engage in risky financial behaviors that generate fees and costs and leave them vulnerable to economic shocks.
3. The study found many homeowners did not understand their mortgage terms and a significant portion used high-cost borrowing methods, indicating financial illiteracy played a role in the financial crisis.
This document provides information about the Homeowners Mortgage Support (HMS) program, which allows struggling homeowners to delay some monthly interest payments on their mortgage for up to two years. It explains that HMS is for those whose income has temporarily dropped, and that applicants must commit to paying at least 50% of the monthly interest due and eventually repaying all postponed amounts. The document also outlines eligibility requirements and provides examples of homeowners who may or may not qualify for the program.
Money+Made+Clear+Guide+ +Mortgage+Shortfallwindiee Green
Here are some potential answers to common questions people may have about dealing with a mortgage shortfall:
retirement age, lenders will allow you
to switch any remaining debt to an I’m worried about the effect of
interest-only basis for the rest of the interest rate rises on my ability to
Question: What if I can't afford to increase my monthly payments? term. This means your payments won't pay off my mortgage shortfall. Is
increase further. there anything I can do?
Answer: Speak to your lender about extending the term of your mortgage so the monthly payments stay the same, or switch part of your mortgage to repayment to limit the increase. You could also
This document summarizes research on the formulation and evaluation of a matrix-type transdermal delivery system for ondansetron hydrochloride (OSH) using the solvent casting technique. Various transdermal patches were prepared with different ratios of hydrophilic and hydrophobic polymers, plasticizers, and penetration enhancers. The patches were evaluated for physical properties and drug permeation. Ex vivo studies found that formulations containing the penetration enhancer menthol showed the best permeation of OSH through rat skin. The optimized formulation (F17) showed diffusion-controlled drug release, indicating suitability for transdermal delivery of OSH.
This document analyzes interest-only/principal-only (IO/PO) mortgage-backed securities. It finds that:
1) The PO security has much longer duration than the underlying mortgage pool and is highly sensitive to interest rate increases. In contrast, the IO security typically has negative duration and increases in value when rates rise.
2) A contingent-claims valuation model shows that IO values fall and PO values rise dramatically as rates approach the optimal prepayment point.
3) While risky, IO/PO securities can provide hedging opportunities for investors due to their differing interest rate sensitivities. However, their valuation depends on assumptions about prepayment behavior.
4) Market prices of traded
This document discusses interest-only mortgages in the UK, specifically those without a known repayment vehicle. It finds that about a quarter of new mortgages are interest-only, and around 17% of first-time buyers choose this option. However, analysis shows that interest-only borrowers typically have similar or higher incomes than capital repayment borrowers, suggesting affordability is not the main driver. While some interest-only borrowers may be using lump-sum repayments or home price appreciation to repay the principal, overall motivations remain unclear without further research. The Financial Services Authority has expressed concern about the volumes of interest-only lending without plans for repayment.
This document provides information about deducting home mortgage interest on tax returns. It discusses what qualifies as a secured debt, qualified home, and fully deductible interest. For most mortgages, homeowners can deduct all of their interest payments. However, for some mortgages the deduction may be limited based on the date and purpose of the loan. The document provides worksheets and guidelines to help determine if interest payments are fully deductible or if the limits in Part II need to be considered.
How Money works is a publication of Primerica and is proudly distributed to help consumers find answers to their financial problems. It is not intended as a sales solicitation but as an overview of how to overcome the most common financial challenges facing people today.
Top 5 Financial Mistakes Women Make and Way to Avoid Themcparker10
Paker Financial, LLC presentation to the 2009 Charles County Women's Fair, A Journey to Wellness. Charles County Commission for Women. College of Southern Maryland. Center for Business and Industry. La Plata, MD. 7 Mar. 2009.
Easy business finance, a guide to obtaining business lending at low interest rates and hassle free. Looking at cash flow finance, asset finance, commercial & business mortgages and unsecured business loans.
Sharing our experiences, expertise and knowledge about how credit appraisal works, we aim to make business finance easier to obtain and a less time consuming and risky process.
We explain why so many businesses struggle to raise funding, the main issues behind this and how to overcome them.
storEDGE Quick Tips: How (and Why) to Prevent Live-In RentersAmy Daniels
This document discusses the increasing issue of live-in renters at self-storage facilities and provides tips on how to prevent it. It explains that people may live in storage units to save money or due to economic hardship. While storage units are significantly cheaper than apartments, they are unsafe to live in. The document recommends educating staff, making units uncomfortable to live in, offering community assistance programs, closely monitoring gate logs and security cameras, and clearly outlining bans on living in units in rental agreements. Preventing live-in renters is important for safety and legal reasons, but facilities can still offer resources to those in need.
Parker Financial, LLC presentation at the 2nd Annual Parenting Matters: Raising Successful Children. Maryland Parental Information Resource Center Southern Maryland Regional Conference. Maryland Parental Information Resource Center. College of Southern Maryland. La Plata. MD. 28 Mar. 2009.
Did you ever imagine what it would be like if cameras filmed you as you overcome your debt problems? Envision creating your own
documentary that may help others in the same situation. These are some episodes that may be included in 6-week documentary series.
1) The document discusses four common money mistakes people make, including expecting economic conditions to stay the same, only saving leftover money rather than budgeting savings, not having an emergency fund, and not asking for help when facing financial problems.
2) It also discusses how taking on too much student loan debt can negatively impact major life decisions for many young adults and discusses signs that student loan debt may be too high, such as not saving enough for college costs.
3) Additionally, the document provides an overview of 10 important financial terms everyone should know, such as time value of money, market volatility, inflation, and risk/return tradeoff. It explains why understanding each term is important
1) The document discusses four common money mistakes people make, including expecting financial conditions to remain the same, only saving leftover money rather than budgeting savings, not having an emergency fund, and not asking for help when facing financial problems.
2) It then discusses how much student loan debt is too much, noting that the average student graduates with over $23,000 in loans and that excessive borrowing can hamper future financial goals.
3) The final section lists and explains 10 important financial terms everyone should know, such as time value of money, market volatility, inflation, asset allocation, and risk/return tradeoff.
The document discusses the importance of business owners having contingency plans in place in case of unexpected events. It emphasizes that owners should have succession plans so their business can survive without them, as well as having their business regularly valued and ensuring buy-sell agreements between partners are up to date. The author urges owners to address these issues rather than leaving problems for heirs to deal with after they are gone.
This document discusses strategies for debt consolidation. It begins by defining different types of debts, including loans and revolving credit. It then defines debt consolidation as refinancing multiple loans into one loan with potentially lower interest rates. The document provides two main types of debt consolidation: home equity loans, which use home equity to pay off other loans, and negotiated debt settlement, where a third party negotiates with creditors to lower monthly payments. It emphasizes making a budget, selling unneeded assets, paying more than minimums on debts, and restructuring mortgage payments as effective debt consolidation strategies.
In this report I’ve concentrated on the first two reasons. which in the current economic climate, seem to me to be the most relevant. But updated “modules” on the others, particularly the use of property to provide a tax efficient pension fund. will follow in time.
Nsl Product Guide Fixed Rate Interest Onlywindiee Green
This document describes North Star Lending's fixed rate interest-only mortgage product. It offers 30 and 40 year fixed rate mortgages with an interest-only payment period for the first 10 years, then fully amortizing for the remaining term. It provides loan-to-value limits, qualifying criteria, eligible property types, occupancy types, and underwriting guidelines for the product.
The document outlines examples of good practices for interest-only mortgages identified by the Financial Services Authority. It discusses checking the plausibility of repayment strategies, implementing extra safeguards for riskier strategies like selling the mortgaged property, using clear proposal forms to document strategies, effective disclosure of risks to consumers, and proactively reviewing maintenance of repayment vehicles.
1. The US mortgage market has grown significantly over time, with mortgage debt outstanding growing to over $8 trillion as of 2004, roughly doubling as a percentage of disposable personal income since 1980.
2. Mortgages are originated by a variety of retail institutions and are often sold on the secondary market, with government sponsored entities like Fannie Mae and Freddie Mac securitizing lower risk mortgages that meet certain criteria.
3. The aggregate loan-to-value ratio for owner-occupied housing has increased less sharply than other debt measures and has not increased much since the mid-1990s.
1. Most Americans are not financially capable and have strikingly low levels of financial literacy.
2. Lack of financial literacy and capability creates instability at both the micro and macro levels by leading many to engage in risky financial behaviors that generate fees and costs and leave them vulnerable to economic shocks.
3. The study found many homeowners did not understand their mortgage terms and a significant portion used high-cost borrowing methods, indicating financial illiteracy played a role in the financial crisis.
This document provides information about the Homeowners Mortgage Support (HMS) program, which allows struggling homeowners to delay some monthly interest payments on their mortgage for up to two years. It explains that HMS is for those whose income has temporarily dropped, and that applicants must commit to paying at least 50% of the monthly interest due and eventually repaying all postponed amounts. The document also outlines eligibility requirements and provides examples of homeowners who may or may not qualify for the program.
Money+Made+Clear+Guide+ +Mortgage+Shortfallwindiee Green
Here are some potential answers to common questions people may have about dealing with a mortgage shortfall:
retirement age, lenders will allow you
to switch any remaining debt to an I’m worried about the effect of
interest-only basis for the rest of the interest rate rises on my ability to
Question: What if I can't afford to increase my monthly payments? term. This means your payments won't pay off my mortgage shortfall. Is
increase further. there anything I can do?
Answer: Speak to your lender about extending the term of your mortgage so the monthly payments stay the same, or switch part of your mortgage to repayment to limit the increase. You could also
This document summarizes research on the formulation and evaluation of a matrix-type transdermal delivery system for ondansetron hydrochloride (OSH) using the solvent casting technique. Various transdermal patches were prepared with different ratios of hydrophilic and hydrophobic polymers, plasticizers, and penetration enhancers. The patches were evaluated for physical properties and drug permeation. Ex vivo studies found that formulations containing the penetration enhancer menthol showed the best permeation of OSH through rat skin. The optimized formulation (F17) showed diffusion-controlled drug release, indicating suitability for transdermal delivery of OSH.
This document analyzes interest-only/principal-only (IO/PO) mortgage-backed securities. It finds that:
1) The PO security has much longer duration than the underlying mortgage pool and is highly sensitive to interest rate increases. In contrast, the IO security typically has negative duration and increases in value when rates rise.
2) A contingent-claims valuation model shows that IO values fall and PO values rise dramatically as rates approach the optimal prepayment point.
3) While risky, IO/PO securities can provide hedging opportunities for investors due to their differing interest rate sensitivities. However, their valuation depends on assumptions about prepayment behavior.
4) Market prices of traded
This document discusses interest-only mortgages in the UK, specifically those without a known repayment vehicle. It finds that about a quarter of new mortgages are interest-only, and around 17% of first-time buyers choose this option. However, analysis shows that interest-only borrowers typically have similar or higher incomes than capital repayment borrowers, suggesting affordability is not the main driver. While some interest-only borrowers may be using lump-sum repayments or home price appreciation to repay the principal, overall motivations remain unclear without further research. The Financial Services Authority has expressed concern about the volumes of interest-only lending without plans for repayment.
This document provides information about deducting home mortgage interest on tax returns. It discusses what qualifies as a secured debt, qualified home, and fully deductible interest. For most mortgages, homeowners can deduct all of their interest payments. However, for some mortgages the deduction may be limited based on the date and purpose of the loan. The document provides worksheets and guidelines to help determine if interest payments are fully deductible or if the limits in Part II need to be considered.
How Money works is a publication of Primerica and is proudly distributed to help consumers find answers to their financial problems. It is not intended as a sales solicitation but as an overview of how to overcome the most common financial challenges facing people today.
Top 5 Financial Mistakes Women Make and Way to Avoid Themcparker10
Paker Financial, LLC presentation to the 2009 Charles County Women's Fair, A Journey to Wellness. Charles County Commission for Women. College of Southern Maryland. Center for Business and Industry. La Plata, MD. 7 Mar. 2009.
Easy business finance, a guide to obtaining business lending at low interest rates and hassle free. Looking at cash flow finance, asset finance, commercial & business mortgages and unsecured business loans.
Sharing our experiences, expertise and knowledge about how credit appraisal works, we aim to make business finance easier to obtain and a less time consuming and risky process.
We explain why so many businesses struggle to raise funding, the main issues behind this and how to overcome them.
storEDGE Quick Tips: How (and Why) to Prevent Live-In RentersAmy Daniels
This document discusses the increasing issue of live-in renters at self-storage facilities and provides tips on how to prevent it. It explains that people may live in storage units to save money or due to economic hardship. While storage units are significantly cheaper than apartments, they are unsafe to live in. The document recommends educating staff, making units uncomfortable to live in, offering community assistance programs, closely monitoring gate logs and security cameras, and clearly outlining bans on living in units in rental agreements. Preventing live-in renters is important for safety and legal reasons, but facilities can still offer resources to those in need.
Parker Financial, LLC presentation at the 2nd Annual Parenting Matters: Raising Successful Children. Maryland Parental Information Resource Center Southern Maryland Regional Conference. Maryland Parental Information Resource Center. College of Southern Maryland. La Plata. MD. 28 Mar. 2009.
Did you ever imagine what it would be like if cameras filmed you as you overcome your debt problems? Envision creating your own
documentary that may help others in the same situation. These are some episodes that may be included in 6-week documentary series.
1) The document discusses four common money mistakes people make, including expecting economic conditions to stay the same, only saving leftover money rather than budgeting savings, not having an emergency fund, and not asking for help when facing financial problems.
2) It also discusses how taking on too much student loan debt can negatively impact major life decisions for many young adults and discusses signs that student loan debt may be too high, such as not saving enough for college costs.
3) Additionally, the document provides an overview of 10 important financial terms everyone should know, such as time value of money, market volatility, inflation, and risk/return tradeoff. It explains why understanding each term is important
1) The document discusses four common money mistakes people make, including expecting financial conditions to remain the same, only saving leftover money rather than budgeting savings, not having an emergency fund, and not asking for help when facing financial problems.
2) It then discusses how much student loan debt is too much, noting that the average student graduates with over $23,000 in loans and that excessive borrowing can hamper future financial goals.
3) The final section lists and explains 10 important financial terms everyone should know, such as time value of money, market volatility, inflation, asset allocation, and risk/return tradeoff.
The document discusses the importance of business owners having contingency plans in place in case of unexpected events. It emphasizes that owners should have succession plans so their business can survive without them, as well as having their business regularly valued and ensuring buy-sell agreements between partners are up to date. The author urges owners to address these issues rather than leaving problems for heirs to deal with after they are gone.
This document discusses strategies for debt consolidation. It begins by defining different types of debts, including loans and revolving credit. It then defines debt consolidation as refinancing multiple loans into one loan with potentially lower interest rates. The document provides two main types of debt consolidation: home equity loans, which use home equity to pay off other loans, and negotiated debt settlement, where a third party negotiates with creditors to lower monthly payments. It emphasizes making a budget, selling unneeded assets, paying more than minimums on debts, and restructuring mortgage payments as effective debt consolidation strategies.
In this report I’ve concentrated on the first two reasons. which in the current economic climate, seem to me to be the most relevant. But updated “modules” on the others, particularly the use of property to provide a tax efficient pension fund. will follow in time.
How-to Guide to Improving Your Personal Finances in 5 Easy StepsFrancine Acuña Moyer
This document provides a 5-step guide to improving personal finances. Step 1 is to write a personal financial statement listing assets and liabilities to determine net worth. Step 2 is to establish financial goals like paying off debt or saving for large purchases. Step 3 is to create a plan of action, such as paying off debts from smallest to largest or focusing on highest interest rates first. Step 4 is to follow the plan by changing spending habits. Step 5 is to adjust the plan for life changes by reevaluating financial situation. The overall goal is to increase assets and decrease liabilities over time.
This document contains terms and conditions and chapters from a book about investing intelligently. It provides basic information for beginner investors, such as setting investment goals, assessing one's financial situation before investing, and ways to generate additional assets through building businesses rather than just purchasing existing assets. The author emphasizes educating oneself on investing and managing risks.
Mainstreaming Comprehensive, Integrated Financial Literacy Programs as an Emp...Sonnie Santos
The document discusses the benefits of implementing comprehensive financial literacy programs as an employee benefit. It argues that financial education for employees is important for three main reasons: 1) It is the right thing for employers to do to help their employees manage their finances. 2) It is ultimately less expensive for employers than providing higher salaries because it allows employees to maximize their existing benefits. 3) Financial stress negatively impacts employee productivity, satisfaction, and retention. The document advocates for holistic financial wellness programs in the workplace rather than generic programs in order to fully address employees' financial needs and challenges.
Important Leadership Traits for Entrepreneurs to Thrive in Tough TimesAbhishek Shah
Trying to grow your business in this sluggish economy is a little like trying to swim through Jell-O. Ineffective or uncertain leaders definitely need not apply. So what does it take to lead a small business through this ongoing economic mess?
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
2. Moneymadeclear guides are brought to you by
the Consumer Financial Education Body (CFEB). This guide is
We aim to help you understand financial matters
and manage your money better. for you if
Just the facts You are Contents
about problems unable to meet your
mortgage repayments.
Act now 2
paying your It’s about getting out of
Key things to think about 5
mortgage. arrears and:
• explains what you can do;
Your questions answered 9
• ets out what help is
s
We try to ensure that information in this guide, much of which comes from external Next steps 10
sources, is correct at time of print. It is possible that some of it is oversimplified, or may
available; and
become inaccurate over time, for example because of changes in UK law. You should • nswers some of the
a
always check the current position before you take action. Jargon buster 11
questions you may have.
This is general information intended for consumers of UK financial services resident in
the UK. It does not take account of individual circumstances. When making decisions 12
Useful contacts
about your own circumstances you should consider whether to consult a financial or
other professional adviser.
www.moneymadeclear.org.uk 1
3. Act
now
If you’re having trouble or think to consider your circumstances, and Work out a budget
you may have trouble making will have procedures for dealing with Key points
List your income and your spending.
cases like yours. Find out if they can
your mortgage repayments, This will help you work out where
give you any help – see page 6.
contact your mortgage lender your money is going, and plan for the
future. Advice agencies may be able • peak to your mortgage
S
as soon as possible to discuss
Get money advice to help you with this or you can use lender – tell them what you
your difficulties.
Some advice agencies specialise in our online Budget calculator at are doing and find out if they
They need to know if there are specific www.moneymadeclear.org.uk.
money problems – they can give you can help – see page 6.
reasons why you cannot or may not be Use this plan to help you pay all
free and independent advice to help • et advice from a specialist
G
able to make your mortgage payments. your essential bills first, such as your
you plan and solve your problems –
See the Jargon buster on page 11 see Useful contacts on page 12. mortgage, utility bills (electricity, gas, agency.
for an explanation of some words you water), insurances, council tax and
• Pay what you can.
may come across. housekeeping.
For information about mortgages, get Key points
our Mortgages guide – see Useful Pay what you can
contacts on page 12. Even if you can’t pay the full amount,
• mortgage is a loan secured
A you should try to pay as much of
against your home, so if your mortgage payments as you can
Things to do you can’t repay it and you afford. This shows your lender you are
willing to make an effort to pay, and
Speak to your mortgage get into arrears, the bank or may increase your chances of keeping
lender building society can sell your your home. Your lender should be
Let them know why you can’t pay your
home to get back its money. willing to talk to you about accepting
less than the full monthly payments for
mortgage and tell them what you are • f you fall behind in your
I
doing. All mortgage lenders regulated a time. Speak to them and see what
payments, the money you you can agree.
by the Financial Services Authority (the owe is called ‘arrears’.
UK’s financial services regulator) have
2 www.moneymadeclear.org.uk 3
4. Things to avoid
Taking out a loan to pay
Key points
Key things to
your debts
Think seriously before taking out a
loan to cover your repayments. These
loans can be very expensive and are
• etting another loan to pay
G
your debts may not solve the
problem.
think about
often also secured on your home, • ou’re still responsible for
Y
putting it at greater risk. If you’re
paying your mortgage if you
thinking about getting a further loan,
speak to one of the advice agencies hand your keys back to the Financial help If you claim Income Support or
Jobseeker’s Allowance, your local
listed in Useful contacts on page 12. lender.
Jobcentre Plus office will normally
• ou’ll still have to pay any
Y You may be able to get some financial give you some help with your
help through insurance or State benefits.
Handing back the keys outstanding shortfall if the mortgage repayments.
Think carefully if you can’t afford your lender repossesses your How much help you get and when it
Insurance
mortgage and want to give the keys home and sells it. starts depends on when you took out
back to your mortgage lender so they If you can’t pay your mortgage because your mortgage and how long you’ve
• pecialist advice agencies
S your income has fallen, you should been receiving Income Support or
can sell the house. Until it’s sold you
will still be responsible for paying the can help you sort out your check whether you have any mortgage Jobseeker’s Allowance.
mortgage. If your house sells for less debts. payment protection insurance.
Even so, these extra benefits will only
than you owe, your mortgage won’t If you do, find out if your policy covers help to pay the interest part of your
be fully repaid and you’ll have to pay your circumstances and make a claim loan, and they are paid at a rate set by
the shortfall. The lender can start right away. the government.
chasing you for this at any time up to If your claim is refused, and you don’t
six years after the sale (five years in If you or you partner are 60 or over,
agree with it, you may be able to take you may be entitled to Pension
Scotland). Your name will also be on your case to the Financial Ombudsman
the repossession register and it will be Credit. You may get an extra amount
Service – see Useful contacts on to cover your mortgage interest
harder for you to get a mortgage in page 13.
future. Get advice first. payments. To find out more, get
a copy of the Pension Service’s
Government help booklet – see Useful contacts on
You may be able to claim some page 13.
benefits to increase your income. Make sure you claim any tax credits
Contact your local Jobcentre Plus you’re entitled to – see Useful contacts
office (details in the Phone Book) or on page 13.
speak to an advice agency – see
Useful contacts on page 12.
4 www.moneymadeclear.org.uk 5
5. Things you can Your monthly payments will increase
because of this. Your mortgage lender
For an interest-only mortgage, Other government
you can also consider:
do to pay off your is unlikely to agree to this if you’ve
• Taking a payment holiday
help
mortgage arrears failed to stick to revised repayment
arrangements in the past, or if the For example, if your mortgage is linked Homeowners Mortgage
balance of your mortgage, including to an endowment policy and you can’t
You could think about any of the Support
the cost of the arrears, comes to more afford both sets of payments (the
following: than the house is worth. interest payments on the loan and the You may qualify for Homeowners
payments towards the endowment Mortgage Support if you’ve had
Start repaying your arrears as Extend your mortgage period policy), you could ask the endowment a temporary, unexpected drop in
soon as you can policy company if you can stop paying income and you’re unable to meet
If you have a repayment mortgage your mortgage payments. Speak to
Arrears can often lead to extra the endowment policy for a while. You
and you’ve been paying it back for a your lender or a free and independent
charges, so will increase the amount will have to arrange with them how
while, you could ask your mortgage advice agency to find out if you qualify
of money you owe. Paying them to make up the backlog of payments
lender to extend the remaining for this scheme – see Useful contacts
off quickly may mean you have less once you restart your policy.
term. This will reduce your monthly on page 12.
money for a short time, but it will be payments, but you will be making • ashing in or selling your
C
cheaper in the long run. them for longer – perhaps into your endowment policy
Mortgage Rescue Scheme
retirement. Also, you will be paying If your endowment policy has been
Make extra payments more for your home overall. running for several years, it may You may qualify for a government-
have built up a reasonable amount backed mortgage rescue scheme
You can pay off your arrears by paying a This extension is more difficult to
that you could use to pay off your if you’re having serious difficulties
bit more each month than your monthly arrange if you have an interest-
arrears. This would mean cashing in paying your mortgage and will become
mortgage payments. Just make sure only mortgage and are using an
or selling the policy. homeless if your home is repossessed.
you can afford the extra amount. Even endowment policy, PEP or ISA to pay
This scheme may arrange for you to
if your mortgage lender doesn’t think off the loan. If you did this, you would have to take sell your home to a social landlord and
you’re offering enough, pay the extra out a repayment mortgage, or find stay there as a tenant. Advice agencies
amount anyway. Tell them why you can Ask to delay paying your some other way to make sure you can help you work out if you qualify –
only afford this much – they may not be arrears repaid the money you borrowed. see Useful contacts on page 12.
aware of your circumstances.
If you can now manage to meet your Before you cash in an endowment
Add the arrears to the monthly payments, but can’t afford to
pay anything towards the arrears, you
policy or change to a repayment
mortgage, you will need to speak
As a last resort
mortgage could ask your mortgage lender if you to your mortgage lender and the
If you can’t afford your mortgage
You could ask your mortgage lender can delay paying arrears for a time. endowment company.
payments and you think this situation
to consider ‘capitalising’ your arrears. If you cash in your policy early, won’t change in the long term, you may
This means adding them to your total the value of your policy might be think about selling your home yourself.
mortgage balance, spreading the considerably reduced. You should think
arrears over the remaining period of However, before you do this, think
carefully before you do this, and first
your mortgage. carefully about where you will live.
ask your endowment provider how
You may not get help from your local
much you would get.
6 www.moneymadeclear.org.uk 7
6. Your questions
council with finding a place to live if Make sure you deal with a regulated
they think you have made yourself firm so you will have access to
intentionally homeless. complaints procedures if things go
answered
wrong. Check the FSA Register to
Selling your home and see if a firm is regulated or go to our
renting it back website for more information – see
Useful contacts on page 12.
Some companies offer to help you
if you get into financial difficulties with Think carefully before choosing this
your mortgage payments by buying option and make sure you understand
your home and renting it back to the consequences. If you’re unsure,
talk to a free and independent money
you for a fixed term. They can buy Question Question
your home quickly, sometimes within adviser – see Useful contacts on page
a week, but more usually between 12. For advice on how it may affect
three to four weeks. You may hear your right to Housing Benefit, contact What should I do if my lender How do I make a complaint?
them called ‘rent back’ or ‘sell-to-let’ your local council – see Useful contacts takes me to court?
schemes. on page 13. Read the Department for Answer
Work and Pensions’ guide Advice for Answer
Selling your home in this way may If you feel your mortgage lender or
homeowners – sale and rent back. It
allow you to clear your debts and stay Don’t ignore the paperwork you are insurance company is not dealing with
is available online, or you can ask your
in your home. But watch out as: sent. Get advice from the agencies your case fairly, ask them for a copy
local council to print it out for you.
listed in Useful contacts on page 12. of their internal complaints procedure.
• ou will normally be paid less than
y
This should tell you how to get things
the full market value of your home; Even if a lender starts court
sorted out quickly and easily.
• ou should check how long you
y proceedings, you won’t automatically
lose your home. The lender must If you’re not happy with the answers,
can stay in your home as your Key points continue to look for ways for you to you may be able to take the matter to
rental agreement may not be
pay your mortgage, so you should the Financial Ombudsman Service –
renewed, so you could still have to
• ou may be covered by an
Y continue talking to your lender and see Useful contacts on page 13.
leave after the fixed term ends;
insurance policy for your paying as much as you can. You can also find useful tips about
• ou could still be evicted if you
y
mortgage repayments. If you are asked to go to court, making a complaint in our Making a
breach the terms of your tenancy, for
a money adviser from one of the complaint guide – see Useful contacts
example if you fall behind with your • ou may be eligible for help
Y agencies listed in Useful contacts (on on page 12.
new rental payments; and
from the State if you’re page 12) will be able to help you. They
• if the person or firm buying your home receiving benefits. can help prepare your case and may
gets into financial difficulties, the be able to represent you. Make sure
property could still be repossessed • ou can discuss the
Y
you go to the court hearing.
and you might have to leave. different options with your
The Financial Services Authority (FSA) mortgage lender.
regulates the sale of these schemes.
8 www.moneymadeclear.org.uk 9
7. Next Jargon
steps buster
Some key words and phrases Mortgage
explained. A loan secured on your property.
If you don’t keep up the mortgage
Step 1 Step 3 Arrears repayments, your home may be
Money you owe when you fall behind repossessed.
on your loan or rent repayments.
Speak to your mortgage lender as Work out your budget and pay as
soon as possible to see if they can much of your mortgage as you can Mortgage lender
Endowment policy The company you take out your
help – the sooner you act the better. each month.
An investment plan that you usually mortgage with.
Discuss your options with them and pay into each month, which pays a
find out which one may be best for you. lump sum when it matures.
Personal equity plan (PEP)
A way of holding investments that
Step 2 Step 4 Individual Savings Account is sometimes used to pay off a
(ISA) mortgage. You cannot get a new PEP
A tax-efficient way of saving or now. All PEPs automatically became
Talk to a money advice agency if you Check whether your repayments are investing, with limits on how much you stocks and shares ISAs from 6 April
need help sorting out your debts covered by any insurance policy you can pay in each tax year. 2008.
– they offer a free service. have or whether State benefits may
help.
Interest-only mortgage Repayment mortgage
A mortgage in which you pay only A mortgage in which you pay off the
the interest charges of the loan each loan amount (capital) and interest at
month. You are not reducing the loan the same time.
Don’t panic – specialist amount (the capital), and you must
advice agencies can help you repay this in some other way at the
Term
sort out your debts and plan end of the term.
The length of your mortgage, normally
your spending. stated in years.
10 www.moneymadeclear.org.uk 11
8. Useful
Consumer Credit Counselling Business Debtline
Service (CCCS) 0800 197 6026
0800 975 9558 www.bdl.org.uk
contacts
www.cccs.co.uk Free, confidential and independent
Offers a structured programme of advice advice for self-employed people and
on how to manage your money. small businesses.
Credit Action
Other helpful contacts
0800 138 1111
www.creditaction.org.uk Local council
Works in partnership with the CCCS Your local council can advise you if
Consumer Financial Education Body • Mortgage calculator to help you
a and publishes factsheets about debt you’ll qualify for Housing Benefit if you
estimate your monthly mortgage and budgeting. want to enter into a sale-and-rent-
To order other Moneymadeclear back scheme. Look in your Phone
payment.
guides, or for general information Book for details.
Consumer Direct
or guidance Call rates may vary – check with 0845 404 0506
Helpline: 0300 500 5000 your telephone provider. www.consumerdirect.gov.uk Jobcentre Plus Office
Typetalk: 1800 1 0300 500 5000 Does not provide debt counselling, Your local office can tell you if you are
Financial Services Authority (FSA)
(Calls should cost no more than 01 or 02 but can give advice when a creditor or eligible for any State benefits – look in
Consumer helpline: 0845 606 1234
UK-wide calls, and are included in inclusive debt collector is acting unlawfully. your Phone Book for details.
mobile and landline minutes.)
Minicom/Textphone: 08457 300 104
www.fsa.gov.uk Financial Ombudsman Service
Money Advice Scotland
Other Moneymadeclear guides To check the FSA Register, or to 0141 572 0237 South Quay Plaza
report misleading financial adverts www.moneyadvicescotland.org.uk 183 Marsh Wall
• Getting financial advice
or promotions. Provides details of advice agencies London E14 9SR
• Making a complaint 0300 123 9 123 or 0845 080 1800
throughout Scotland that offer a free,
• Mortgages independent, impartial and confidential www.financial-ombudsman.org.uk
Other organisations that can help
For more titles, call us or go online you if you have money problems advice service.
The Pension Service
www.moneymadeclear.org.uk Order line: 0845 731 3233
Advice UK National Debtline
020 7469 5700 0808 808 4000 Minicom/textphone: 0845 604 0210
On our Moneymadeclear website www.direct.gov.uk/pensions
www.adviceuk.org.uk www.nationaldebtline.co.uk
you can find For a Pension Credit booklet.
All members provide free and confidential Provides a free, confidential and
• Budget calculator to help you
a advice, but not all provide money advice. independent telephone advice service.
work out if you have enough money Directgov
coming in to cover your bills; Citizens Advice Bureau (CAB) Payplan Tax credits helpline: 0845 300 3900
www.adviceguide.org.uk 0800 280 2816 Minicom/Textphone: 0845 300 3909
• Cut-back calculator to help you
a www.direct.gov.uk/money
see where you can save money on Offers fee, confidential and face-to-face www.payplan.com
money advice. Look in the Phone Book Free confidential advice on debt For information about tax credits.
items you buy regularly;
or on its website for your local bureau. problems.
12 www.moneymadeclear.org.uk 13