Managing Family and Personal Finances
Securing Financial Stability
Rachel Hance, Carrie Derossett
Financial Education - General
Family and Consumer Science
21st Century Skills (Career & Workplace Development)
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. According to the U.S. Census Bureau, Logan County has a poverty rate of 16.9% and a median household income less than the state and national averages.
-Number of clientele reporting improved family financial stability and economic well-being
-Be responsible and contributing individuals and family members
-Gain and maintain employment through life skill development
-Contribute to a safe and healthy home and community
-Adopt short, mid and long term financial planning strategies
-Practice one or more resource management behaviors resulting in increased savings or investments
-Adopt habits and skills that contribute to employability
-Teenagers and adults will show increased knowledge and skills related to managing available financial and non-financial resources
-Know what a SMART goal (specific, measurable, attainable, realistic, and timely) is and be able to set SMART goals
Initial Outcome: Teenagers and adults will show increased knowledge and skills related to managing available financial and non-financial resources
Indicator: Number of individuals reporting improved knowledge and skills related to securing financial stability (such as managing financial and non-financial resources; consumer rights and privacy protection; importance of education and employability skills; personal goal setting to maintain and improve financial stability)
Method: Mail out or email follow up survey
Timeline: 8-10 weeks following program
Intermediate Outcome: Adopt short, mid and long term financial planning strategies
Indicator: Number of individuals who adopted short, mid and/or long term financial planning strategies
Method: Mail out or email follow up survey
Timeline: 3-6 weeks following program
Long-term Outcome: Number of clientele reporting improved family financial stability and economic well-being
Indicator: Number of individuals self-reporting improved financial stability and economic well-being
Method: Survey or Question/Answer session
Timeline: At end of program
Method of evaluation: 4-H Common Measures Universal Survey
Audience: Extension Homemakers
Project or Activity: Saving Savvy with Grocery List and Coupon Apps
Content or Curriculum: UK publications and resources
Inputs: Kentucky Cooperative Extension Service (CES) agents, program assistants, specialists and volunteers; Kentucky CES publications and resources, Kentucky Extension Homemakers Association (KEHA)
Date: February 2022
Audience: Youth (All public school 5th graders for Dollars and Sense, all public school 8th and 10th graders for Reality Store, various school enrichment opportunities)
Project or Activity: Consumer and Financial Education (Dollars and Sense, Reality Store)
Content or Curriculum: 4-H Build a Million; Building a Healthy, Wealthy Future; Consumer Savvy; It's Your Reality; APES; Be the E, Workforce Prep
Training: Agent In-services
Author: Carrie Derossett
Major Program: Civic Engagement
4-H aims to engage youth through hands-on experiences in order to build life skills. The 4-H It’s Your Reality (Reality Store) Curriculum focuses on engaging teens in real life budgeting scenarios. Each student is given an occupation with a salary, determine if they have a spouse, their spouse’s career, and how many children they have. In the orientation, they learn about the importance of taxes and how to deduct those from their household income. Students then have the
Author: Rachel Hance
Major Program: Financial Education - General
4-H aims to engage youth through hands-on experiences in order to build life skills. The 4-H It’s Your Reality (Reality Store) Curriculum focuses on engaging teens in real life budgeting scenarios. Each student is given an occupation with a salary, determine if they have a spouse, their spouse’s career, and how many children they have. In the orientation, they learn about the importance of taxes and how to deduct those from their household income. Students then have the