News from the South - Texas News Feed
No, you’re not too young: Finance executive prepares you for retirement
SUMMARY: AARP reports that 20% of adults aged 50 and older have no retirement savings. Noah Martinez, a first-generation business owner from San Antonio, shares his journey of financial organization. After taking over Black Tie Catering, which his father worked at as a dishwasher, Noah realized he needed a financial plan. Inspired by his parents’ work ethic, he sought help from Nick Lewis of the Lewis Group, who advised on budgeting, emergency savings, life insurance, and retirement plans. With a solid plan, Noah feels relief knowing he can support his employees and family, especially given the average retiree in San Antonio earns only $2,211 annually.
However, a recent AARP survey found that 20% of U.S. adults ages 50 and up haven’t saved money for their retirement. That grim statistic is a reason Noe Martinez, 40, decided to organize his finances.
News from the South - Texas News Feed
Faith and food: How an east Austin woman is fighting food insecurity
SUMMARY: Jeannette Valdez Duran, once homeless in north Austin, was inspired by a store manager’s kindness to start helping others. She founded Mobile Blessings from the Heart, a nonprofit that distributes donated food to local families. Initially operating from her parents’ yard, her efforts now serve about 200 families every weekend with help from partners like Trader Joe’s and the Central Texas Food Bank. Duran’s goal is to expand, seeking a building and a truck to make her operation mobile, bringing food directly to senior communities and schools. Her work is driven by faith and community support.
The post Faith and food: How an east Austin woman is fighting food insecurity appeared first on www.kxan.com
News from the South - Texas News Feed
REPORT: Austin metro leads in rent affordability improvement in US
SUMMARY: A Redfin analysis reveals that the Austin metro saw significant rent affordability improvements from December 2023 to December 2024. The income required to afford the median rent decreased by over 16%, from $66,600 to $55,760. As of December 2024, the median asking rent in Austin is $1,394, with an estimated median renter income of $69,781. Other affordable metros include Houston and Dallas, while high-cost areas like New York and San Diego remain the least affordable. Nationally, renters need to earn about $63,680 to afford the typical U.S. apartment rent of $1,592.
The post REPORT: Austin metro leads in rent affordability improvement in US appeared first on www.kxan.com
News from the South - Texas News Feed
“It was the wrong door”: Disabled woman shot 9 times
SUMMARY: Dallas police are investigating the fatal shooting of Alice Fiser, a disabled woman, at her West Dallas apartment, where she was shot nine times after suspects forced entry and fired numerous bullets. Family members believe the attackers may have targeted the wrong apartment. Witnesses reported seeing young men in ski masks fleeing the scene in a car. Surveillance footage captured the suspects approaching Fiser’s home before the gunfire erupted. Fiser was known as a caring aunt, mother, and neighbor. The police urge anyone with information about the incident to come forward.
Dallas police are looking for the people responsible for kicking a woman’s door down and unloading a barrage of bullets into her home. The victim’s family believes the shooters meant to go to a different apartment.
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