Bullitt County CES

Title:

Securing Financial Stability

MAP:

Building Healthy Families

Agents Involved:

Ruth Chowning

MAJOR PROGRAM 1:

Estate Planning

MAJOR PROGRAM 2:

Managing in Tough Times

MAJOR PROGRAM 3:

Good Credit Game

MAJOR PROGRAM 4:

Real Skills for Everyday Life

Situation:

The consequences of the Great Recession and the extended period of slow economic growth which followed, encouraged Kentuckians to become more aware of their financial situation. 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. These indicators, especially unemployment numbers became more exaggerated during the period of the Great Recession. However, at present economist are cautiously optimistic regarding future economic forecasts. It is important to acknowledge the impact of current economic conditions on family financial management. The goal is to help Bullitt County residents to understand and respond to changing economic conditions, while promoting healthy financial behaviors across the lifespan.

Long-Term Outcomes:

Change in social, economic, and environmental issues related to healthy financial management:

Maximize or extend resources to maintain or increase financial stability.

Individuals and families reporting improved financial stability and economic well-being.

Improved the quality of their life resulting in a stronger family.

Intermediate Outcomes:

Change in social, economic, and environmental issues related to healthy financial management by:

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

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

Initial Outcomes:

Change in social, economic, and environmental issues related to healthy financial management by:

Adults will show increased knowledge and skills related to managing available financial and non-financial resources. (Social marketing and Program participants)

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

Evaluation:

Outcome: Number of individuals reported increased level of understanding, and can identify money management cost-saving strategy for my family

Indicator: verbal and written

Method: pre/post survey

Timeline: July 2018-June 2019

Outcome: Number of individuals who implemented at least one strategy in regard to Real Skills for Everyday living

Indicator: written / social media contact

Method: social media/ newsletter / survey

Timeline: August 2018- June 2019

Outcome: Number of individuals who implemented at least one strategy to reduce expenses or manage money

Indicator: verbal and written

Method: class polling, private conversations, pre/post survey

Timeline: June 2018-July 2019

Learning Opportunities:

Audience: General Population/ Homemakers/ Senior citizens

Activity: Newsletter, News Releases, Social Media, lessons

Content or Curriculum: AARP Alzheimer Planning program, Estate Planning lesson, FCS Curriculum

Inputs: FCS Agent, FCS Assistant, UK & AARP resources

Date: July 2018- June 2019

Audience: SAP jail inmates

Activity: Newsletter, News Releases, Social Media, lessons

Content or Curriculum: AARP Alzheimer Planning program, Estate Planning lesson, FCS Curriculum

Inputs: FCS Agent, FCS Assistant, UK & AARP resources

Date: July 2017- June 2018