Financial EducationPlan of Work

Back to Plans for the County

Bell County CES

Title:
Financial Education
MAP:
Enhance Life Skills and Build Consumer Awareness
Agents Involved:
Rebecca Miller, Brian Good, Aaron Redmond
MAJOR PROGRAM 1:
Financial Education - General
MAJOR PROGRAM 2:
Food Preparation and Preservation
MAJOR PROGRAM 3:
21st Century Skills (Career & Workplace Development)
MAJOR PROGRAM 4:
Farm Management, Economics and Policy
Situation:

  Promoting 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, adults and youth thrive no matter the economic outlook. Financial stability is achieved when individuals are able to secure and manage resources needed to supply food, clothing, and shelter. Through increased financial knowledge, individuals may be able to make wise financial decisions, increase buying power, avoid overextended credit, develop savings habits, and manage risks.

Also, according to the 2019 Needs Assessment done in Bell County, community members feel that youth and families need more life skills training such as money management, life decision making skills, etc. 

Long-Term Outcomes:
Intermediate Outcomes:
Initial Outcomes:
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


Long-term Outcome: Bell Countians will achieve financial literacy, stability and economic well-being through practices learned at Extension programs.

Indicator: Clientele will report an increase in savings and financial gain.

Method: Follow up survey, discussions

Timeline:following financial education workshop




Learning Opportunities:

Audience: Youth, middle school age

Project or Activity: 4-H Dollars and Sense

Content or Curriculum: 4-H dollars and sense curriculum

Inputs: agents, schools, volunteers, family resource centers, teachers, facilities

Date: spring 2023


Audience: Youth, High School

Project or Activity: Reality Store

Content or Curriculum: 4-H Reality Store curriculum

Inputs: schools, facilities, family resource centers, volunteers, agents

Date: Spring 2023


Audience: general public, homemakers

Project or Activity: Stretching Your Holiday Dollars

Content or Curriculum: UK Publications

Inputs: agents, facilities, schools, family resource center

Date: October 2022- December 2023


Audience: farmers, general public

Project or Activity: Shared Use Equipment Use Program

Content or Curriculum: UK pubs

Inputs: agents, Ag Council, Farm Bureau, Ky Ag Development Board, Road Department

Date: on going through out year


Audience: youth and adults

Project or Activity: Financial Education

Content or Curriculum: Building a Healthy  Wealthy Future, Real Skills for Everyday Life, Where Does Your Money Go, MITT

Inputs: agents, specialist, schools, teachers, community partners

Date: July 22- June 2023


Audience: farmers, adults

Project or Activity: Commercial Vegetable Production

Content or Curriculum: UK gardening pubs, soil samples

Inputs: agents, specialist,  community partners

Date: July 22- June 2023


Audience: youth

Project or Activity: Piggy Bank Design Contest

Content or Curriculum: Piggy Bank materials

Inputs: agents, specialist,  community partners, materials

Date : Dec 2022-Jan 2023






Success Stories

Budgeting Program

Author: Brian Good

Major Program: Family and Consumer Science

According to a 2022 report by Wallet Literacy, Kentucky ranks 35th overall in the nation in financial literacy, while being ranked 50th in financial knowledge and education. Much of what youth learn about consumerism begins at an early age. Bell County 4-H offers financial literacy and budgeting programs to local schools. One such program was recently conducted with senior classmen at Middlesboro High School. Prior to the program, the Bell County 4-H assessed the students on their spending habit

Full Story
Back to Plans for the County