Fighting Poverty Through Education

Education Prevents Poverty

Teaching Comprehension for Understanding and Engagement

Posted in tcochelps

One of my favorite books for teaching reading comprehension is Strategies That Work: Teaching Comprehension for Understanding and Engagement by Stephanie Harvey and Anne Goudvis. It was first published in 2000, and it is still one of the most popular book used by educators. I’m recommending it for parents because they are strategies that are very easy to utilize at home to help children develop deeper comprehension skills.

Strategies That Work relies on 6 main areas.

1. Making Connections: By helping children make different kinds of connections (text-to-self, text-to-text, text-to-world) children learn to utilize their personal and their discussion group/partners to enhance their understanding of a text. Connections begin close to home (self) and then gradually build outward to the world helping students develop a larger sense of context.

2. Questioning: Questions are a normal part of human curiosity. So while reading, questions arise for children and adults alike. Questions that children ask about a text can help us know whether or not they are comprehending the text.

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Couponing Overload: Confessions of a Coupon Addict

Posted in tcochelps

First, let me start off saying that couponing has helped my family save thousands over the past 3 years. Without couponing, I would not know what to do.

However, I think we have gone overboard in recent months. Here is how I know we have gone astray:

Calculate the Monthly Budget/Spending
I usually calculate the budget spending for the month and we have gone over the allotment for the last 5 months. At first, I thought it was just the increase in grocery prices, but as I looked closely at the receipts it was much more.
Overspending on Non-essentials
Looks like we got into the habit of spending on things we didn’t necessarily need. For example, the local Save a Lot was closing and they were having a store sale. Instead of my dad getting a few items he got $90 worth of things we didn’t need.
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How to get out of debt

Posted in tcochelps

Car loan payments, credit card bills, mortgage payments, bank loans, rent payments…Sometimes it feels that almost all your money is going toward paying off your debts. But, even though it may seem that being in debt is just another part of adult living, this definitely doesn’t need to be this way.

If you manage your money well, living within your means, and even saving for purchases instead of getting them on credit, is absolutely possible. By managing your money well, you can not only pay off some of your debt, you also will learn not to rely so heavily on borrowing.

Bear in mind, though, that there are forms of debt, for example a home loan, that are pretty much acceptable. Most houses will be increasing in value as time goes by, but what’s more important, the interest you pay on a mortgage is tax deductible, which will save you money on taxes.

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How to achieve your goals

Posted in tcochelps

Which goals do you wish to accomplish? What are the dreams you have? Take some time, and think about what dreams you have. Dreams for today, dreams for tomorrow, and dreams for the long term…

Well, you need to know that a lot of goals and dreams do not require having a lot of money at all. To give you an example, you may want to pay a visit to one of your friends who are living a couple of miles away. Well, just take a day off and go… Or maybe you’re dreaming about spending some extra time with your relatives or family.

Perhaps you could take them out for a great picnic in the forest instead of having dinner at home. This kind of goals and dreams won’t cost you a fortune, but they actually are really worthwhile.

Fulfilling some other dreams or accomplishing some other goals do require some money though. Maybe you’re dreaming about things like:

  • Buying or renting a house in a safer neighborhood that has some good schools
  • Having a reliable car
  • Setting up your own small business
  • Dealing with your debt: pay it off!
  • Getting a better education. Improve your skills, earn a GED, or go to college

Education is among the best ways to bridge poverty gaps. Check also these free online resources:

Free GED® Lessons & Practice Tests: www.BestGEDClasses.com
Free BJ Pinchbeck Homework Help: www.BJpinchbeck.com
Britannica Library Homework Help: www.library.eb.com

Now how will you succeed in making your dreams and goals come true? Well, determination is key, but so is self-respect and self-belief and understanding that you are deserving the life that you’ve always dreamed about.

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Living on a budget – Live within your means

Posted in tcochelps

Most probably You have heard this phrase: ‘live within your means.’ But what exactly does this phrase mean?

Very simply put, when you live within your means, you are able to pay for all the things you need in your life without taking on more debt than you are able to handle. Yet many Americans are believing that there’s only one way to get nice things, and that is to get into debt and get them.

Now that could be true for larger purchases like a home or a car, but it certainly does not to apply to many other things that we are needing in life. When you purchase a house, for example, you take a mortgage loan which will put you in debt for maybe as long as 20 or 30 years.

Sure, that is a long period of time, but this sort of debt has also many benefits. Interest paid on the mortgage can be deducted from your annual taxable income, and the money that’s yours in the house (the equity) can be applied for other loans. If you make regular mortgage payments, you will also build up a strong credit score.

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IDA accounts part 2

Posted in tcochelps

In general, IDA’s are managed by local community organizations, and IDA accounts are usually held at a local financial institutions, for example a banks or a credit unions. Every participant will receive education on budgeting and saving, but also topics like how to clean up credit. The programs’ length or the sort of training that participants receive may vary.

When the time has come to use the IDA fund, the IDA administrator will write a check to the recipient, such as a college, a title company, or a business equipment vendor, and you’re all good to go. It’s not only that your IDA deposits will be matched so your account will grow rapidly, you will also get financially experienced in the process.

While you build up your IDA savings account to reach your goals, you will also be learning how to deal with money, how to set up a financial plan, and how to develop your finance skills.

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What Are Individual Development Accounts (IDAs) and How to Use Them

Posted in tcochelps

Just imagine you have a savings account in which for every dollar you put in, you will be matched with one more dollar. You would actually receive totally free money, and who wouldn’t jump at such an opportunity.

Well, you could get into such a position via a so-called ‘Individual Development Account’, or IDA, program. Generally, money contributed in an IDA can be used to purchase a house, pay for education cost, or for starting up a new business.

Most IDA programs are sponsored by various nonprofit organizations and a number of companies, though some of them are also sponsored through government contributions. For each dollar you put in, usually the sponsor will be adding $1 or maybe more to your IDA account.

Because various groups are supporting various IDA programs, the match level as well as the requirements may vary, but still, you will be able to see that, because of regular matches, your IDA savings account will grow quickly. If you want to see if you qualify for an IDA, contact your bank, credit union, your local Housing Authority, or a Community Action Agency staff member.  

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