Beyond Finance is proud to help pioneer the debt help industry by providing client financial therapy sessions with Dr. Erika Rasure. Many hard-working people approach Beyond Finance for help due to the struggles that come along with the stress of personal economic woes.
Recently, St. Louis’ CBS affiliate, KMOV-TV 4, asked Dr. Erika Rasure to discuss her thoughts. The discussion revolved around the historical increase in elderly Americans, many of whom are on fixed incomes. She states in the interview, “This will help those who need it the most.”
What Say You?
The concerns with our eldest generation not being able to keep up with the agonizing demands of inflation caused the Biden Administration to fight for a stimulus in the form of additional Social Security benefits.
This equates to an 8-9% increase in payouts, which will benefit more than 64 million Social Security beneficiaries. Our Dr. Erika Rasure sat down with her hometown CBS affiliate to discuss why this assistance is crucial.
This increase is meant to balance out and help normalize the benefits being received in relationship to the cost of inflation. It’s not really an increase in benefit, but will help stablize as much purchasing power as they have, which is unfortunately where the dollar is at right now.
Dr. Erika Rasure
Regretfully, the rising costs of basic needs and the burden of inflation affects us all, leaving some Americans left with missing credit card payments, overwhelming collection calls, and a feeling of shame and hopelessness.
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