Financial Fitness for Adults (FCS)Plan of Work

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Boone County CES

Title:
Financial Fitness for Adults (FCS)
MAP:
Financial Fitness
Agents Involved:
Diane Mason
MAJOR PROGRAM 1:
Financial Education - General
Situation:

The consequences of the worldwide pandemic and racial tensions put a strain on individuals, families, and businesses finances. Kentucky consistently lags behind other areas of the United States in key household economic indicators, including: personal income, population living below the poverty line, unemployment, and revolving debt. It is important to acknowledge the impact of current economic conditions on family financial management. The goal of the Extension financial education programming is to help Kentuckians understand and respond to changing economic conditions, while promoting healthy financial behaviors across the lifespan.

Long-Term Outcomes:

Maximize or extend resources to maintain or increase financial well-being.

Improved family financial stability and economic well-being.

Reduced number of individuals falling prey to scams.


Intermediate Outcomes:

Adopt one or more short, mid and long term financial planning strategies.

Practice one or more resource management behavior(s) resulting in increased savings or investments

Apply practical living skills to advance education or employability

Examine personal and financial stability on a regular basis (at least annually).

Take steps to secure personal information to avoid identity theft, fraud and other common scams

Initial Outcomes:

Adults will show increased knowledge and skills related to managing available financial and non-financial resources.

Participants will increase understanding of consumer rights and privacy protection measures.

Adults will understand the importance of being prepared for retirement.

Participants will identify short, medium and long term personal goals and objectives related to maintain and improve their financial stability.

Evaluation:

Initial Outcome: Awareness of money habits and need for managing money

Indicator: Post session evaluation

Method: Post session evaluation

Timeline: Immediately following session


Intermediate Outcome: Behavior change

Indicator: Individuals examined money habits and made one change for the better; individuals saving money; individuals creating spending and savings plans; individuals take steps to reduce their risks of falling prey to scams or identity theft

Method: Follow up evaluation

Timeline: 3 to 6 months after the program


Long-term Outcome: Individuals become financially secure and self-sufficient

Indicator: Community and state statistics; fewer home foreclosures

Method: Monitor available statistics

Timeline: 4 years

Learning Opportunities:


Audience: Adults of general public

Project or Activity: Money Talk

Content or Curriculum: University of Kentucky and other Cooperative Extension materials

Inputs: guest speakers, other Extension agents from other counties

Date: April 2022


Audience:  Adults of the general public

Project or Activity:  What Every Family (and Spouse) Should Know; Estate Planning Basics including wills and probate; Who Gets Grandma's Yellow Pie Plate

Content or Curriculum: Estate planning; University of Minnesota curriulum

Inputs:  worksheets, guest speakers

Date:  March 2022


Audience:  Adults of the general public

Project or Activity:  Reverse Mortgages

Content or Curriculum: Kansas State and Purdue Curricula along with Consumer Financial Protection Bureau

Inputs:  Curricula and fact sheets

Date: February 2022


Audience:  Adults of the general public

Project or Activity:  Series: Use, Care and Selection of Small Kitchen Appliances: Air Fryers, Slow Cookers, Electric Multicookers

Content or Curriculum: University of Kentucky

Inputs:  food, equipment; co-workers to present

Date:  September 2021


Audience:  General Public adults who prepare food for their families

Project or Activity: Creative Meals with Frozen and Canned Foods

Content or Curriculum: Extension resources 

Inputs: fact sheets

Date: September and October 2021 (2 sessions one month apart)





Success Stories

Kitchen Appliance Knowledge Improves Food Preparation and Health

Author: Diane Mason

Major Program: Financial Education - General

According to Tufts University Health and Nutrition Letter, increasing the preparation of meals cooked at home can help reduce an individual’s sodium intake. Many of the new kitchen appliances on the market can aid in ease of meal preparation and also provide a nutritional boost. Web MD shares that by most measures, air frying is healthier than frying in oil, as it can cut calories by up to 80% and contain less fat. Penn State Cooperative Extension shares that meals made at home in a slow c

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