New research suggests three million households could be just one pay-cheque away from losing their homes

New research suggests three million households could be just one pay-cheque away from losing their homes

Assessment

Interactive Video

Business

University

Hard

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The video discusses the simplicity yet difficulty of managing monthly finances, highlighting the significant impact of housing costs on family budgets. It shares Lou Heart's story of financial instability due to a zero-hours contract, leading to her family's separation. A survey reveals that many families are one paycheck away from losing their homes, with regional variations in financial insecurity. The video explores reasons for financial strain, such as housing costs and reduced benefits, and emphasizes the need for government action and personal responsibility in savings. Lou Heart's retraining for a new career underscores the importance of financial resilience.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main financial challenges faced by families according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Lou Heart's financial situation affect her family dynamics?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of families in the northwest are unable to pay their rent or mortgage?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons families struggle to save money as mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps does Lu take to improve her financial situation?

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