Family Resource Management
Securing Financial Stability
Mayrand, Comer, Hamilton
Securing Financial Stability (general)
Managing in Tough Times
Family and Consumer Sciences 4-H Core Curriculum
Money Habitudes
Kentucky consistently lags behind other areas of the United States in household income indicators, including personal income, population living below the poverty line, unemployment and revolving debt loads. The median household income is $40,267 compared to the US median income of $51,017. According to SAIPE 2011 estimate, 21.3% of Montgomery County's population is living in poverty and 31.6% of children under 18 are in poverty.
•Number of clientele reporting improved family financial stability and economic well-being.
•Increase the number of clientele reporting improved privacy security measures and reduction in reports of financial fraudulent matters across the state.
•Individuals and families are increasing their income as well as maximizing income resources consumption.
•Improve the quality of life for Kentuckians resulting in stronger families.
•Adopt short, mid and long term financial planning strategies.
•Adopt privacy protection measures; annual, semi-annual, or quarterly credit-checking practices; and better recognition of fraudulent attempts from outside sources.
•Improve employability through practical living skills and continued education practices.
•Demonstrate practical living skills related to economic or enterprise development, as well as seeking to ascertain advance education credentials.
•Practice one or more resource management behaviors resulting in increased savings or investments.
•Teenagers and adults will show increased knowledge and skills related to managing available financial and non-financial resources.
•Participants will increase understanding of their consumer rights and privacy protection measures.
•Change knowledge, opinions, skills and attitudes to improve employability through practical living skills and continued education practices.
•Increase financial literacy related to savings and investments.
Initial Outcome: Montgomery County participants will gain knowledge and increase their skills related to money management.
Indicator: Total number of program participants reached through different learning opportunities that gain knowledge about effective money management.
Method: Pre & Post Evaluations
Timeline: Before & after programs & events
Intermediate Outcome: Montgomery County participants will adopt short, mid and long term financial planning strategies.
Indicator: The number of program participants that report a change in their financial behaviors.
Method: Surveys, observations, follow-up evaluations 3 months after programs
Timeline: FY 2017-2018
Long-term Outcome: Participants will improve their family financial stability and economic well-being.
Indicator: The number of participants that demonstrate a positive change regarding their financial health.
Method: Pre and post tests, personal testimonies, observations & surveys
Timeline: On-going, Follow-up evaluations conducted after a 6 month period and beyond the program.
Audience: Youth, preschool through grade 12,Low Income/Low Literacy adults, College Students, General Public, Young adults, Organizations, Community partners, Businesses, Parents, grandparents, Headstart parents & staff, & community members.
Project or Activity: Money Management
Content or Curriculum: CES MITT Resources & Publications
Inputs:
•Kentucky Cooperative Extension Service (CES) agents, program assistants, specialists, and volunteers
•Kentucky CES publications and resources including:
-Managing in Tough Times (MITT )Initiative
-MoneyWi$e website
-Ky. High School Financial Planning Program (KHSFPP) website
-Community and Economic Development in Kentucky (CEDIK) Initiative
•eXtension resources
•Family Development & Management (FDM)
•Local, state and federal resources
-KY Attorney General’s Office
-KY Housing Authority
-Security and Exchange Commission (SEC)
-Federal Deposit Insurance Corporation (FDIC)
-U.S. Census Bureau
-Federal Trade Commission (FTC)
-National Endowment for Financial Management
-National Consumer League
•Extension Disaster Education Network (EDEN)
•Jump Start Coalition
•Non-profit organizations (e.g. AARP, United Way, faith-based organizations)
Date: FY 2017-2020
Audience: Youth ages 9-18
Project or Activity: It's Your Reality
Content or Curriculum: It's Your Reality/ Dollars and Sense curriculum
Inputs: CES agents and volunteers; resources for "Reality Store" events
Date: September 2017 - April 2018
Audience:
Project or Activity:
Content or Curriculum:
Inputs:
Date:
Author: Hannah Mayrand
Major Program: Kentucky Extension Homemaker Association
The Montgomery County Extension Homemakers have a long history of supporting and serving the individuals and families of Montgomery County through their fundraising efforts. In an effort to continue their service to the community, the Montgomery County Extension Homemakers with the help of the Montgomery County Cooperative Extension Service, planned an annual Holiday Bazaar. Three Homemaker clubs produced their own products to sell during the 4 hour event. Homemakers sold anything f