Wednesday, September 7, 2011

Get Ready to Get Off of Welfare - Cash Payments will be Limited and Then GONE!

I knew this was coming and it's here sooner than later. Michigan has joined the ranks of states that have placed 2-5 year limits on receiving cash assistance from public assistance. However, Michigan is setting the limit at 4 years (48 months). http://www.msnbc.msn.com/id/44416871/ns/politics/?gt1=43001
On October 1, 2011 over 100,000 residents will no longer receive cash payments from their public assistance office. There will, of course, be exceptions such as the elderly who don't qualify for Social Security benefits, children with disabilities, etc. but everyone else will be on their own. This is unfortunate but inevitable. Why? The government is not going to keep giving cash assistance for long periods of time. Unfortunately, some families have received generational cash assistance and now the government is stopping the buck with them. No More Cash payments -- you must find a job or another way to get cash flow coming into your life.

This is why financial literacy is so important. People CAN take care of themselves they just have to be willing to learn HOW.

If you find yourself in this situation, where you are currently receiving cash assistance, you this lesson from Michigan as a warning and learn financial literacy, find your strengths, talents and abilities to use to create a job for yourself so you won't become desperate. Desperate people do crazy things and you don't want to live like that. Make a Change - Now. You can do it. I Believe in You. Believe In Yourself .

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