Loans For The Unemployed May Be A Solution - 1576 Words

Every week our national news media announce the latest unemployment figures and it is never good news. Every week the percentage grows and the speculation of future forecasts are always the same: unemployment is expected to continue to rise. Current economic times are extremely dismal for the working class; however, that has not caused the creditors of the ever-increasing unemployment rolls to turn a blind eye to their credit obligations. Payments are still expected on a timely basis and repercussions will ensue if the now unemployed borrower is unable to meet their obligation. What is a person to do? Loans for the unemployed may be a solution. Loans for the unemployed are unsecured loans that do not require a credit check. The provider does not require the borrower to have any type of collateral to qualify. The fees for this type of loan are higher than conventional bank loans. The terms of service for loans for the unemployed vary, depending on the borrower s need and ability. The y can range from one year up to 10 years for loan amounts from a low $500 to as much as $20,000. Unemployment status generally creates a new budgetary mindset that the individual never had before. New and better ways to utilize the money now available materialize, enabling them to do more with less. Over time these new practices become new habits that are carried over after the unemployment crisis has passed. Things that were once thought to be unbearable are now feasible and not as bad aShow MoreRelatedShould College Tuition Be Paid?1687 Words   |  7 Pagesable to actually pay for college. College tuition is high in price and increases every year, making it almost impossible for students to graduate without extreme debt. There are scholarships, financial aid, and loans to help out those who cannot afford to pay high tuition prices, but these loans are not desirable as they lead to this debt immediately after graduating. There is the help of financial aid, which is based off the parent’s income unless you are 23 and over, but financial aid can be difficultRead MoreStatistics : Statistical Concepts For Research1678 Words   |  7 Pagescan help in our everyday life. Let us beginning by discussing the tem statistics. â€Å"The term statistics, originated from the Latin word â€Å"status,† meaning â€Å"state.† (Johnson and Bhattacharyya, 2014). For many when the term statistics is mentioned, one may tend to think of numbers that compare how something was viewed by another set of persons or things compared to another set of persons or things. However, statistics is so much more than that. â€Å"Statistics help provide a solid basis for improving theRead MoreEssay on Generation Differences: Millennials in the Work Field1438 Words   |  6 Pagesmakes work ethic hard to define for millennials since even finding a job and paying for school has become difficult. Another problem is that older generations are judging millennials work ethic because it’s simply different from theirs. The best solution would be if work ethic could be redefined as not just the belief of hard work and its benefits, but the belief of being able to ha ve an equal balance between work and free time, or if millennials no longer cared about what other generations say.Read MoreEssay on The Decline of Auto Purchases in 20081421 Words   |  6 PagesIn 2008, an absolute indication of a recession was the decline in auto buying, insurance companies requiring assistance, retail stores closing with massive lay-offs stemming from these markets. As a result, these individuals now unemployed were unable to pay their monthly mortgage payments which resulted in home foreclosures. A foreclosure is legal proceeding that bars or extinguishes a mortgagor’s right of redeeming a mortgaged estate (â€Å"foreclosureâ€Å", n.d.). In New Jersey, the statewide foreclosureRead MoreHow to Solve the Foreclosure Crisis977 Words   |  4 Pageschoices. The number of unemployed and homeless is increasing at an alarming rate. Many feel like there is nothing that can be done to remedy the situation, especially when the enormous debt that the United St ates has already accumulated is considered. There is not just one simple step that can be taken to fix this serious problem, but there are a series of things that the government and financial agencies can do to help gradually improve the situation, including more selective loan dispersal, loweringRead MoreIt Takes an Entire Nation to Solve an Economic Crisis Essay example1229 Words   |  5 Pagesan Economic Crisis The foreclosure crisis is genuine and terrifying for what it could mean for America’s economic future. Home foreclosure may result from unemployment, excessive and unexpected medical costs and family problems. These issues are more chronic than they are acute and so it is impossible to say that there is a quick fix or a single solution to solving the foreclosure crisis. While some individuals want to wait out the crisis and let it fix itself, I believe that the current administrationRead MoreMaking College More Affordable For Students1000 Words   |  4 PagesJennifer Barksdale Professor Bonner HUM 101 May 8, 2016 Making College More Affordable For Students The continuous rising cost of higher education is frequently spoken about today and deserves much more attention then it receives. College tuition for students is a rather large investment and considered to be one of the most expensive to make. As college tuition prices are continuously increasing so is the cost of housing. The average American family is finding it more and more difficult to beRead MoreYouth Unemployment in Nigeria1200 Words   |  5 Pagesbillion and we have a nominal per capita income of $1, 4011. Nigeria also has the second largest economy in Africa. If I may ask, is this country not blessed? Yet, it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and the private sector had discussed this issue at forums and conferences but have not found a solution to it. Its continued existence had been linked to lack of power supply and financial empowerment for youths. Youth unemploymentRead MoreEssay on Explo ring Solutions to the Housing Crisis in America1202 Words   |  5 Pagesthis easy money was the obvious lack of responsible financial regulation. â€Å"Stated income† allowed anyone to easily commit fraud for a home loan, and banks weren’t worried about the money they lent since the loan was ultimately backed by the government. Sub-prime borrowers were given the opportunity to get mortgages, and no money down allowed people to get a home loan without really having â€Å"skin in the game.† Second mortgages were only icing on the cake and people figured that as long as house pricesRead MoreHow to Solve the Foreclosure Crisis1146 Words   |  5 Pagesforeclosure crisis is to provide assistance to mortgagees in making the monthly loan payments; this assistance should be in place before the first loan payment is due. One solution in providing assistance, which would not require any additional governmental funds to be spent, would be a mandatory mortgage equity accelerator program for every new loan written. A mortgage equity enhancement program allows a thirty year mortgage loan to be repaid in approximately twenty-five years. The total monthly payment

Keny A Deeper Understanding Of Kenya Essay - 1036 Words

When thinking of Kenya, people automatically depicts the country as having a little-to-no economic structure as well as zero interaction with other countries. The main idea that people connotate to the word Kenya is living in poverty with no reforms and no involvement with the construction of products or the transportation of raw material. But in order to have a deeper understanding of Kenya’s economic structure as well as the interaction with other countries, one first needs to understand where Kenya is located. It is better to have an idea of where it is located, so it will be easier to understand where it is in relation to other more rich countries and more developed countries. Not only is it important to understand its relative location, actual location, and the economic structure over the years, it is also essential to learn what and how Kenya contributes to world’s market. In order to be able to understand Kenya’s contribution to the world’s market, it is first beneficial to know the relative location and actual location. The relative location of Kenya is within Africa, which is south of the European countries. Kenya is north of Ethiopia, to the right of Uganda, and borders the Indian ocean. Because of the closeness of these border countries, there is a sense of connectivity to these countries because they all speak the same base language, which is Swahili. The actual location of Kenya is 1 degree north and 38 degrees east. Kenya follows along the invisible equator

Emotional intelligence Essay Example For Students

Emotional intelligence Essay DEVELOPMENT OF EI The development of Emotional intelligence Essay requires a recognition of ones own strengths and limitations, an exploration of how current decisions are framed through beliefs and prior experiences, and the actualisation of potential by using the greater self knowledge gained. However, in a report by the Institute of Management (2002) research showed that the quality of leadership in the workplace was poor. Further, the research reinforces a positive relationship between financial turnover and the priority given to leadership development (Institute of Management, 2002). Fifty-five percent of those questioned gave the characteristic of being inspiring as the most important attribute of leadership, but only eleven percent say they are witnessing it at work. Inspiration could be defined as the extent to which a leader stimulates enthusiasm amongst subordinates for the work of the group, and says things to build their confidence in their ability to successfully perform assignments and attain group objectives. In those organisations that do invest in bringing out the potential of their leaders it could be argued that a focus on working relationships could be considered most valuable. Again, it could be argued that self-and-other awareness is a prerequisite for developing these working relationships. In todays younger managers, knowledge and ambition are identified as traits that are not valued leadership qualities (Institute of Management, 2001). The research by the Institute of Management goes on to say that a majority of executives favoured a model of leadership in which the leaders main role is to create a sense of purpose and a central vision or set of goals, and then help bring out the potential of others around them to achieve such goals (Institute of Management 2001). In times of economic change where there is a run down of the old structure of commerce, new fields of commerce are sought, in part, by innovation. Innovation can be seen as the successful exploitation of new ideas (The Scottish Office, 1996). To help exploit new ideas we need inspiring leaders. Leaderships underlying constructs are inspiration and individualised consideration, entailing shifts in the beliefs, needs and values of the followers (Fiedler, 1996). The transforming leaders behaviours emanate from deeply held beliefs and values, such as justice and integrity (Fiedler, 1996). Fiedler (1996) argues that past research into leadership has been focused on traits and abilities, and that the most important lesson over the past forty years is that the leadership of groups and organisations is a highly complex interaction between the individual and the social and task environment. Therefore, it could be argued that Leadership research has overlooked Leadership being a social process. How well the leaders particular style, abilities, and background contribute to performance is largely contingent on the control and influence the leadership situation provides. As Feidler (1996) states, if leadership was easy to understand, we would have all the answers long before now. The leadership processes are highly complex. This principle still has to be translated into practice. Fiedler (1996) goes on to say ;we cannot make leaders more intelligent or more creative, but we can design situations that allow leaders to utilise their intellectual abilities, expertise and experience more effectively. In this highly competitive age, this is likely to be of considerable practical importance.; Nevertheless, as Goleman (2000) argues, effective leadership still eludes many people and organisations. Goleman (2000) states that leaders who get the best results dont rely on just one leadership style; they use any of six distinct leadership styles in any given week. These leadership styles each spring from different components of emotional intelligence. The attributes of self-and-other awareness, empathy and active listening skills will be used in this paper as a working definition of Emotional Intelligence (Goleman, 1995). But it should also be recognised that managers may also find it difficult to adjust styles in practice. For example, other awareness needs listening skills and empathy (Markova, 1987). From a psychological perspective these skills sound simple but in reality they are not. Gender Identity Disorder (GID) Essay Some sing to themselves; they try to play games or even fall asleep. When the researcher returns he gives them their hard earned marshmallow. And the, science waits for them to grow up. By the time the children reached high school, something remarkable has happened. A survey of the childrens parents and teachers found that those who as four-year-olds waited for the second marshmallow turned out to be better adjusted more popular, more dependable teenagers. The children who gave in to the temptation early on were .

The Sun Also Rises By Ernest Hemmingway Essays - The Sun Also Rises

The Sun Also Rises by Ernest Hemmingway The Sun Also Rises The remarkable thing about the book was its liberal use of dialogue and how Hemingway used it to carry the reader through the book. There was no plot in the book in the sense that there was no twists, intrigue, or goals for any of the characters and the dialogue was the only thing that moved the reader through the book. Hemingway used so much dialogue that it was difficult at times to follow who was saying what, but I believe this didn't matter because any of the characters, except for maybe Jake, could have been carrying on those conversations. I say anyone except Jake because he was different than all the other characters in more ways than just being the narrator. He obviously had received a wound from W.W.I that caused him to be sexually scarred and thus set him apart from anyone else. Jake seemed to be an observer who was watching the lives of his friends unfold and happen around him, but without his participation. I read that Hemingway had purposely re-written the book in first person and this was probably to spell out that Jake was an observer and was thus aware of what was written on the pages. There is a scene towards the end of the book where Jake finds all of his friends eating at a restaurant and thinks to himself that he is too far behind to catch up. Jake always seems behind, or at least only a marginal player put so in his position because of his injury. He must have had relations with Brett before the injury and was a "player" before it, so this leads to the assumption that Jake purposely removed himself from being a participant. As I was reading I was trying to make connections and read into the story to try and understand if there was more there than what was just on the page. It was hard, for me, to see more than just the story, but perhaps Hemingway just wanted the reader to experience other people's lives. I say this because many of the experiences that occurred to the characters also took place in Hemingway's life and may be he just wanted to share with us what it was like.