Family Resource ManagementPlan of Work

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Montgomery County CES

Title:
Family Resource Management
MAP:
Enhance Life Skills and Build Consumer Awareness
Agents Involved:
Congleton, Comer
MAJOR PROGRAM 1:
Financial Education - General
MAJOR PROGRAM 2:
Food Preparation and Preservation
MAJOR PROGRAM 3:
Faithful Families
Situation:

Promote positive personal finance behaviors prepares Kentuckians for any future economic shift. The United States has been in an extremely long period of economic expansion; however, expansions are cyclical, meaning growth is eventually followed by recession. Securing financial stability for Kentuckians will help families thrive no matter the economic outlook. Financial stability is achieved when families are able to secure and manage resources needed to supply food, clothing, and shelter. Through increased financial knowledge, families may be able to make wise financial decisions, increase buying power, avoid overextended credit, develop savings habits, and manage risks.


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.


As we progress in to the 21st century a number of factors have gained prevalence within family and consumer sciences driven by the increase of online and mobile-shopping, the rise of video-based at home tutorials, and the shifting family structures as evident by 17% of stay-at-home parents being fathers. The ever-changing landscape of the family and the consumer, highlights the need for a responsive and innovative program that provides the basic needs that all families have as they navigate lives many challenges. 4-H seeks to meet these needs through working with youth and families in a variety of situations to increase their consumer awareness, financial management, nutrition, culinary arts, textiles, housing, and human development. In the 2019 Kentucky Extension Community Assessment Montgomery County Report, among the top three youth and family issues were the need for youth life skills training and better youth and adult career readiness.

Long-Term Outcomes:


•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.


4-H youth to: 

• 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. 

Intermediate Outcomes:



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.


4-H youth to:

Initial Outcomes:



•Youth and adults show increased knowledge/skills in managing financial/ non-financial resources.

•Participants 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.


4-h youth:

Evaluation:

Outcome:  Increased awareness of sound financial behaviors

Indicator(s):  Number of individuals who implemented at least one 

strategy to reduce expenses or manage money

Number of individuals who made a sound financial decision 

(regarding credit, budgeting, savings, and/or debt)

Method:  Retroactive pre-post

Timeline: Following financial education workshops

Outcome:  Increase knowledge and skills related to 

managing financial resources

Indicator: Number of individuals reporting increased levels of 

understanding in the area: confidence in handling money issues 

or specific financial matters

Method:  Retroactive pre-post

Timeline:  Following financial education workshops


Outcome:  Increase knowledge and skills related to 

estate planning

Indicator: Number of individuals who took action toward 

implementing at least one estate planning strategy in regard to the subject matter presented

Method:  Retroactive pre-post

Timeline:  Following financial education workshops




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 2019-20


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.


4-H evaluation: 

Learning Opportunities:

Audience: Adults, young adults, and teens


Project or Activity: Money Habitudes Workshop

                        Content or Curriculum: Money Habitudes

                        Inputs: FCS Agent, curriculum publications and resources, 

Money Habitudes cards

                        Date: June - July



Audience: Adults


Project or Activity: Estate Planning Workshop

                        Content or Curriculum: Estate Planning

                        Inputs: FCS Specialist (family finance and resource 

management), curriculum publications and resources, and local 

partners such as an attorney, CPA and/or financial planner

                        Date: June - July


Audience: Adults, young adults, and teens


Project or Activity: Credit Education 

                        Content or Curriculum: Good Credit Game

                        Inputs: FCS Agent, curriculum publications and resources, 

Good Credit Game set

                        Date: June - July


Project or Activity: Financial Education

                        Content or Curriculum: Real Skills for Everyday Life

                        Inputs: FCS Agents

                        Date: June - July




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 2020-21


Learning Opportunities for 4-H youth:

Date:  FY 2020-21



Success Stories

Making the Most of Your Beef Grocery Dollar

Author: Gary Hamilton

Major Program: Beef

Beef is great and easy source of protein. We all need protein to build and and maintain muscle to stay active. With the rising cost of groceries, local beef producers with the help of the Extension service decided to hold an educational session entitled: "Making the Most of Your Beef Grocery Dollars". Alison Smith with the Kentucky Beef Council and KCA came and spoke on this very topic at the March Meeting of the Montgomery County Cattlemen's Association. Her presentation was extre

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Trendy Kitchen Appliances

Author: Sarah Congleton

Major Program: Nutrition and Food Systems General

Trendy Kitchen Appliances

Advanced technology has helped with keeping kitchen appliances trendy. Air fryers being one of many of those appliances that have many people questioning if that product would be useful to them to make cooking more efficient and less time consuming. To increase consumer awareness of the versatility of an air fryer, the Montgomery County Family and Consumer Sciences agent hosted a "Trendy Kitchen Appliances" 3-series workshop. The purpose of the programs was to educate participants on w

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Pedaling Good Nutrition and Active Health

Author: Charles Comer

Major Program: Health

According to the 2021 Annual Supplemental Nutrition Education Program Report for Kentucky, today, 60% of all Americans live with at least one chronic disease. These include heart disease and stroke, cancer, and diabetes.  These diseases are all associated with obesity and physical inactivity. In 2020, Kentucky ranked in the top five states in the country for obesity with a rate of 36.6% for adults.  The percentage of physically inactive Kentuckians is 32%, ranking i

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