One Crisis Away

One in three North Texans can’t weather a financial storm that lasts 90 days. The problem's known as asset poverty, and it doesn't discriminate. A job loss, health emergency, even legal trouble is enough to plunge a third of our friends and neighbors into financial distress.

KERA's series One Crisis Away is following four families on the financial edge.  (Meet these families and explore their stories in our KERA News Digital Storytelling Project.) The series includes radio stories, videos, blogging, conversations on Think and a public forum presented by KERA and Communities Foundation of Texas , which was held at Dallas City Performance Hall on Thursday, February 27 at 7 p.m. 

Moderated by KERA's Krys Boyd, the One Crisis Away event featured an in-depth discussion on asset poverty with three leading experts: Andrea Levere, president, Corporation for Enterprise Development; Alfreda Norman, vice president and community development officer, Federal Reserve Bank of Dallas; and Larry James, president & CEO, CitySquare.  Twitter discussion took place during the event using the hashtag #onecrisisaway.

Watch the full program:

One Crisis Away is funded in part by the Communities Foundation of Texas, Allstate Foundation, the Dallas Women's Foundation, The Fort Worth Foundation, The Thomson Family Foundation, and the United Way of Metropolitan Dallas.

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One Crisis Away
6:19 pm
Wed November 12, 2014

New Alternative In Dallas To Payday Loans

Shutterstock

When faced with a financial emergency, some turn to payday or car title lenders. There’s about 175 of them in Dallas offering quick cash at great cost. The city and an Austin-based lender to small businesses have announced an alternative.

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One Crisis Away
3:43 pm
Thu September 18, 2014

One-Third Of Dallasites Are Asset-Poor, New Survey Shows

Here's a look at asset poverty rates across North Texas. The higher rates are shaded in dark green.
Corporation for Economic Development

A new nationwide study shows a continuing surge in “asset poverty” rates in North Texas -- despite the economic recovery. 

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Texas News
11:36 am
Thu March 27, 2014

In North Texas, You Need To Earn $17-$18 An Hour To Afford An Apartment

This is an apartment complex in Fort Worth -- workers need to earn more than $17 an hour to afford a two-bedroom apartment in North Texas, according to a new national study.
Ginae McDonald/Shutterstock www.shutterstock.com/gallery-1536p1.html

A minimum-wage worker can’t afford a two-bedroom apartment in Texas – or anywhere else in the country.

That’s the conclusion of an annual study from the National Low Income Housing Coalition. Out of Reach 2014 analyzed wages and rental costs across the country.

In Texas, a minimum-wage worker would have to work 93 hours a week to afford a two-bedroom rental. The minimum wage is $7.25 in Texas – or $15,080 a year for a 40-hour workweek.

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One Crisis Away
10:06 am
Thu March 27, 2014

'One Crisis Away' KERA-TV Special Explores Four Families On The Financial Edge

Natalie Berquist is one of the families featured in KERA's One Crisis Away series.
Dane Walters KERA News

One in three North Texans can’t weather a financial storm that lasts 90 days. The problem's known as asset poverty, and it doesn't discriminate. A job loss, health emergency, even legal trouble is enough to plunge a third of our friends and neighbors into financial distress. 

KERA's series One Crisis Away is following four North Texas families on the financial edge.

On March 27, a one-hour special will air on KERA-TV, Channel 13, that features these families and explores asset poverty. The special will air again on Channel 13 at 11 a.m. and 5 p.m. March 30 and 11 p.m. April 8.

The special was taped in front of a live audience at the Dallas City Performance Hall. We livestreamed the event -- we've posted the video below.

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One Crisis Away
7:58 pm
Thu February 27, 2014

One Crisis Away: Where To Find Help

There are a lot of options for people who need financial assistance in North Texas.
Shutterstock

There are a lot of non-profit organizations in Texas devoted to financial assistance and low income programs designed to give people a leg up. As KERA continues to explore life on the financial edge through our new series One Crisis Away, we’ll compile a list of places where people can go to find help.

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One Crisis Away
1:10 pm
Tue February 25, 2014

Meet The Man Trying To Battle Poverty In Dallas

Courtesy CitySquare

Earlier this month, Dallas Mayor Mike Rawlings announced the formation of a task force to fight poverty in the city. As part of KERA’s One Crisis Away initiative, Think host Krys Boyd talked about how Dallas will take on the challenge with Larry James, the man the mayor chose to lead the task force.

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One Crisis Away
6:31 pm
Mon February 24, 2014

Family, Friends Remember Isac Madrid, Rockwall Man Featured In 'One Crisis Away'

Isac's service in Rockwall was attended by friends and loved ones on Monday, Feb. 24.
Doualy Xaykaothao KERA News

Isac Madrid, the 25 year-old Rockwall man featured in KERA’s series One Crisis Away, was laid to rest Monday. Over the past few months, he shared his family’s story about the challenges of facing both a health and financial crisis.

Leaving behind a devoted wife, young son and large extended family, Monday’s service was filled with people who loved Isac.

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Friday Conversation
6:00 am
Fri February 21, 2014

Startling Stats, And Three Ways To Dig Out Of Being 'One Crisis Away'

Why do 65 percent of Texans have sub-prime credit ratings?
Wayne Stadler Flickr

The numbers are staggering: One of every six Texans lives below the poverty line. One in three has no savings account. Two of every three have a sub-prime credit rating. Those numbers, and the real-life people they represent, are what propels Woody Widrow.

Widrow is executive director of Raise Texas, a nonprofit network of organizations focused on helping people build financial stability. As part of the KERA series One Crisis Away, he sat down for a Friday Conversation.

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One Crisis Away
2:03 pm
Thu February 20, 2014

'I Don't Have Any Security:' Meet Four North Texas Families On The Financial Edge

The Dory family of White Settlement has learned to be frugal and rely on their faith to get them through tough times.
Dane Walters KERA News

One in three North Texans can’t weather a financial storm that lasts 90 days. The problem's known as asset poverty, and it doesn't discriminate. A job loss, health emergency, even legal trouble is enough to plunge a third of our friends and neighbors into financial distress. 

KERA's series One Crisis Away is following four North Texas families on the financial edge. A health crisis sent the Madrid family of Rockwall into a financial crisis. Shirley Martin of DeSoto is a retiree who's struggling to make ends meet. Natalie Berquist of Lewisville is a single mom who faced homelessness after losing a job. And despite being frugal, the Dory family of White Settlement struggles with credit card debt.

Meet these families and explore their stories in our KERA News Digital Storytelling Project.

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One Crisis Away
4:31 pm
Wed February 19, 2014

These Kids Learn The Financial Ropes Now So They Don’t Fall Later

Jaelyn and Schnthia are 13 and 11 years-old and they're are deeply involved in family finances.
Dane Walters KERA News

The importance of a steady job and careful budgeting is something a lot of people discover as adults. And that discovery is often made after financial disaster strikes.

That’s not the tune playing in the Dory household. KERA's series One Crisis Away spotlights the one in three North Texans who don’t have enough money in the bank to survive 90 days after a financial disruption.

J.C. and Schnique Dory are raising her two kids to respect money now so they don’t get into trouble later. The message seems to be sticking.

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