Did you know this about SSI?

I am a financial stability counselor with homeless addicts and mentally ill, and part of my job entails helping people find ways to manage their money and recover from financial mistakes of their past.

I was working a budget with one gentleman, an SSI recipient who was newly in an apartment after having been homeless for several months.  I began to talk to him about building savings for future emergencies so he’s less vulnerable to repeated homelessness (a conversation I have with all of my guys). This man immediately cut me off.  “Oh no, I can’t do that.  I’ll lose my social security.”

More