South Street Securities Holdings, Inc.’s Post

Chase Home Lending of Manhattan is working with with the NY Cares: Stand with Students campaign to send our students, schools, teachers, and families in NYC Public Schools system, a simple message: you are not alone. This joint effort is to raise funds for school supplies, and to gather in person to assemble backpacks full of supplies. Help us provide Backpacks & School Supplies to NYC Public school children in need! Last year we raised $5628 and assembled over 288 backpacks for delivery to our local public school children. Here are the THREE WAYS for Chase Home Lending Advisors and our Real Estate Agent connections to participate in this effort. This is a great opportunity to meet like-minded people in the Real Estate community for an awesome cause, we hope you can join us! Important Notices: While we encourage your participation, this is strictly a voluntary effort. JPMorgan Chase will not favor or disadvantage anyone by reason of their decision to participate. The statements, views and opinions that will be expressed during the event are those of the presenters and are do not necessarily endorsed by, or reflect the views or positions of, JPMorgan Chase Bank, NA or any of its affiliates. This presentation is for informational purposes and is not a recommendation or solicitation of any particular actions. JPMorgan Chase Bank, NA and its affiliates, are not liable for decisions made or actions taken in reliance on any of the information discussed covered during the event #givingback #housingmarket https://lnkd.in/ezPQxJSZ

Do you want to know what's been happening in financial markets, or how to make and stick to New Year's resolutions? If so, you need our latest newsletter! (Link below).

What would happen if you gave low-income public school kindergarteners bank accounts with $50 earmarked for college? I just read in the Wall Street Journal about how a kindergarten-to-college savings program in San Francisco did just this. Public and private donations funded student bank accounts with $50 balances and encouraged students to save money through various incentives, such as art competitions and scholarship opportunities. The city matched deposits, which had to be used for college or higher-education-related expenses. They found that early exposure to saving and financial literacy can impact children’s (and their families’) financial habits. With all the doom and gloom we see, I thought this was worth a share. I hope other cities and states adopt similar programs to help more children learn about saving money and financial literacy. What do you think of the idea? #putmanfinancialgroup #womenswellnessandwealth

What would happen if you gave low-income public school kindergarteners bank accounts with $50 earmarked for college? I just read in the Wall Street Journal about how a kindergarten-to-college savings program in San Francisco did just this. Public and private donations funded student bank accounts with $50 balances and encouraged students to save money through various incentives, such as art competitions and scholarship opportunities. The city matched deposits, which had to be used for college or higher-education-related expenses. They found that early exposure to saving and financial literacy can impact children’s (and their families’) financial habits. With all the doom and gloom we see, I thought this was worth a share. I hope other cities and states adopt similar programs to help more children learn about saving money and financial literacy. What do you think of the idea? #putmanfinancialgroup #womenswellnessandwealth

Today I received an email from Lendwithcare. Beyond the Quarter puts all tax savings on its charitable contributions into a microloan fund with Lendwithcare to support female business owners in the Global South. The email said "Ms xxx has struggled to make repayments on her loan for more than six months. Due to serious health issues, she was forced to close her business. As such, LwC's local partner has decided to write off the remaining balance of Ms xxx's loan since they believe she's unable to make any further repayments. LwC has decided to support this decision." From 44 microloans we've made, this is the 4th default. Two of those defaults were related to war. Meaning about 9% of loans defaulted. Mostly (always?) for circumstances well outside of their control, which meant they went out of business. I look at business failure rate here in the UK. Well above 9% in the first few years. And what makes the record of Lendwithcare's microloan recipients even more impressive next to ours is that unlike them, we're not dealing with outbreaks of war! I can't recommend lending through Lendwithcare enough. It's amazing to see business owners thriving in much harsher climes.

Financial Thought for Your Thursday: Excited to share insights on smart tax-saving charitable gift strategies (try to say that ten times fast) in my latest video. Learn how strategic giving can benefit both your favorite causes and your wallet. Watch now and empower your philanthropy with financially savvy #Tax Saving #CharitableGiving #SmartStrategies

What would happen if you gave low-income public school kindergarteners bank accounts with $50 earmarked for college? I just read in the Wall Street Journal about how a kindergarten-to-college savings program in San Francisco did just this. Public and private donations funded student bank accounts with $50 balances and encouraged students to save money through various incentives, such as art competitions and scholarship opportunities. The city matched deposits, which had to be used for college or higher-education-related expenses. They found that early exposure to saving and financial literacy can impact children’s (and their families’) financial habits. With all the doom and gloom we see, I thought this was worth a share. I hope other cities and states adopt similar programs to help more children learn about saving money and financial literacy. What do you think of the idea? #SecureYourFuture

In this month’s Deep Dive, Clint Costa reviews the influence of interest rates on techniques such as intra-family loans, qualified personal residence trusts (QPRTs), and charitable remainder trusts (CRTs). Discover how these strategies thrive under the current economic climate and offer unexpected benefits.      Read the full article here https://lnkd.in/gU_utged       #EstatePlanning #FinancialInsights  

JFF welcomes news from the Financial Conduct Authority today: millions in dormant funds have been unlocked for charities and social enterprises by expanding the Dormant Assets Scheme to include unclaimed client money and investments. We are calling for this funding to support financial education for children across the UK. Less than half currently receive a meaningful financial education at home or at school. All children deserve an equal opportunity to learn the financial skills they need to thrive as adults. We are currently providing financial education support to 338 primary schools reaching 90,710 children through our LifeSavers programme. Sustainable funding is essential to expanding this work and helping more children become adults who can confidently make informed financial decisions. Find out more about how JFF is providing financial education support across the UK: https://ow.ly/GmaN50SQa71 Read the FCA’s press release: https://lnkd.in/eAycSA7w

What would happen if you gave low-income public school kindergarteners bank accounts with $50 earmarked for college? I just read in the Wall Street Journal about how a kindergarten-to-college savings program in San Francisco did just this. Public and private donations funded student bank accounts with $50 balances and encouraged students to save money through various incentives, such as art competitions and scholarship opportunities. The city matched deposits, which had to be used for college or higher-education-related expenses. They found that early exposure to saving and financial literacy can impact children’s (and their families’) financial habits. With all the doom and gloom we see, I thought this was worth a share. I hope other cities and states adopt similar programs to help more children learn about saving money and financial literacy. What do you think of the idea? #SecureYourFuture