Financial Illiteracy Homelessness

One of the dominant factors causing homelessness include physical or mental disability. This occur mostly with armed forces veterans who had been to war zones or fought to wars then discharged because of having post-traumatic stress disorder {PTSD} or their limbs chopped off reducing mobility. People with disability

of others. The primary purpose of these enterprises is not to make people homeless but,

Poverty and homelessness are caused by racism, lack of education, alcohol, drug abuse, and individuals who have been born into poverty and are not able to afford the means to get ahead, such as going to college. Homelessness is defined as the lack of a regular, fixed nighttime residence, no matter whether the homeless live with relatives or sleep in parks, shelters or vehicles. About four million people experience homelessness at

Statistics show people living in poverty are most at risk of becoming homeless. Economically they are at a higher risk of losing what little they already have.

Homelessness has been a problem in Hawaii, and especially Oahu, for more than two decades. The homeless have overrun the islands but it is no surprise as the circum- stances allow for it. Multiple factors contribute to the ongoing dilemma including the high cost of living, Hawaii being an island state, and the expensive housing. The prob- lems that cause homelessness are not going to go away by themselves. Although the problem is not increasing, the numbers show that it isn’t decreasing and shouldn’t be unless the state and community acts.

There are a large number of interrelated factors that contribute to people becoming homeless which includes poverty, lack of affordable housing, mental illness,

Seeing homelessness develop is a process that the older generation can say they have been apart of. The young generation, on the other hand, cannot say they have seen the development of homelessness. People who are thirty years old or younger have grown up believing that homelessness was always part of the landscape. The younger generation has come to believe that there have always been homeless people sitting on park benches. When an individual is asked what they see most in a large city like Chicago or New York, ‘homeless people’ is a common response. According to the United States Census Bureau, 320.8 million individuals currently live in the United States of America. Imagine the proportion of individuals that do not own a car or even a house to live in. The National Law Center on Homelessness and poverty did studied to conclude that in America more than 3.5 million people experience homelessness each year. Those concerned with the issue of homelessness are curious as to what events had to have happened that lead to the individuals living on the streets. The reasons are different for each and every person. Some of the more major issues that contribute to this are lack of affordable housing, declining welfare assistance, and most importantly, mental illness. Resolving the issue of homelessness is very possible with new ways of housing and treatment for the mentally ill. The relation between the homeless and the mental illness has risen, and the United States as a whole

A homeless person is one who lacks a permanent place to live. This person is therefore forced to live on the streets, in abandoned buildings, in cars, and some lucky ones get to live in shelters where they are safe from the dangers of the night and also from the harsh elements. These people find themselves in such a situation because they cannot afford to pay for a place to live. This can be caused by a variety of reasons. Economic factors is one of them, where one is unable to get enough money to pay for their house either because they don’t have a job or the money they get at the end of the month is insufficient. There is also the issue of high cost of housing which renders a permanent place to live way out of their reach. They

Sadly in present day homelessness has nothing to do with a person's worth. Homelessness is a social issue with many variables. For those who experience homelessness, the impact of the values are still universal. In America many still hold this belief, that one only needs to lift themselves by their bootstraps and into the pursuit of the American dream and for those who cannot, they deserve to be penniless being that they bring no “added value” to society.

Poverty is considered the most common and pervasive cause of homelessness because everything else is linked to it. Had someone not been poor, loss of his job wouldn't land him on the streets; similarly lack of public assistance is only a problem if you need it. In other words, when a person loses his job, or seeks public assonance or looks for affordable housing, he is doing it because his income is unable to help him meet his expenses. For this reason, he can be categorized as poor. Thus many poor people are forced to end up on the streets. Unfortunately a very significant portion of this population is composed of innocent children who are forced to live on streets because their parents cannot afford a house. "In 2007, 12.5% of the U.S. population, or 37, 300, 00 million people, lived in poverty. The official poverty rate in 2007 was not statistically different than 2006 (U.S. Bureau of the Census, 2007). Children are overrepresented, composing 35.7% of people in poverty while only being 24.8% of the total

Imagine a world where it is illegal to sit down. Could you survive if there were no place you were allowed to fall asleep, to store your belongings, or to stand still? For most of us, these scenarios seem unrealistic to the point of being ludicrous. But, for homeless people across America, these circumstances are an ordinary part of life. (National Law Center on Homelessness and Poverty 7)

Housing. The scarceness of affordable housing is the ultimate source of people being homeless. For renters to be able to meet the expense of a two-bedroom apartment, they would have to make twice the national minimum wage. (National Coalition for the Homeless, n.d.)

According to suitcaseclinic.org, homelessness is a temporary condition that people fall into when they cannot afford to pay for a place to live, or when their current home has been declared unsafe or even unstable. According to Habitat.org, this issue affects between 1.6 million to close to 3 million people within the United States ("World Habitat”). The issue is growing throughout the world, yet what is the root cause? Numerous people wonder how they can help. Most tend to believe that the solution is as simple as just giving them money to use for daily living. Even though their root cause for their issue isn’t money. It is the fact that they don’t grasp how to use their money properly/ responsibly. The homeless can’t be helped with just cash, they need the proper support systems along with education to become successful.

To begin with, individual conditions are major causes of homelessness, and they are quite numerous. For instance, the past of the individuals could be packed with shocking events. Some people have really hard time getting over them, and they always cause them many psychological or physical problems that may hinder their development in life. Shocking events may include loss of job or money. Research (as cited in Gowan, 2010) shows that 22.61% of homeless people are not working seriously to earn enough money. In addition, personal crises, whether social or economic have a huge impact on the individual’s present situation. If someone faces bankruptcy they have a higher chance of facing homelessness in the future. Also, mental illness

The primary cause of homelessness is poverty, however, they are other causes such as addictions, mental and physical health. According to Lindsay Phillips (2015) quantitative responses on perceived