Clay County CES

Title:

Financial Stability

MAP:

Securing Financial Stability

Agents Involved:

Lora Lee Frazier Howard, Alissa Ackerman

MAJOR PROGRAM 1:

Good Credit Game

MAJOR PROGRAM 2:

Real Skills for Everyday Life

MAJOR PROGRAM 3:

4-H Youth Development Programming

Situation:

Clay County families and youth have been hit hard by the current economy. Families need to understand and respond to changing economic conditions, while promoting healthy financial behaviors during all stages of the lifespan.

Financial stability is important to the overall well-being of families. Families and youth need to secure the basic needs of food and clothing. They need to make wise consumer decisions avoid over-extended credit, develop saving habits, and learn to better plan for their futures. 37% of Clay Countians are in the labor force. 35% of our families are below poverty level, 25.7% of our county are high school graduates, 31% have a college degree or above 33% work part time or full time, $23,445 is the median household income

Long-Term Outcomes:

-Apply smart financial behaviors related to budgeting, credit savings and investments resulting in improved quality of life and stronger family life.

-Number of families reporting improved economic and financial wellbeing due to maximizing resources to increase finances.

-Number of post-secondary education students increase

Intermediate Outcomes:

-Families adopt short, mid or long term financial planning strategies, practice resource management behaviors resulting in increased saving and investments.

-Youth adopt short, mid, and long term financial planning strategies

Initial Outcomes:

-Families will increase knowledge and skill related to managing financial

resources.

-Families will increase financial literacy related to savings and identify goals related to maintaining and improving financial stability.

-Youth will realize financial stability correlates with preparing for an employable future.

- Youth will demonstrate an understanding of the difference in needs and wants; spending, saving and investing

Evaluation:

Long term Outcome: Families report improved economic wellbeing and financial stability.

Indicator: Number of families adopting one or more practices to reduce debt or increase saving.

Method: Word of Mouth, Formal and Informal Evaluation

Timeline: 2016-2020

Intermediate Outcome: Families practice resource management behaviors resulting in increased saving and investment.

Indicator: number of families that implement at least one financial management strategy.

Method: Word of mouth, formal and informal evaluation

Timeline: 2016-2020

Initial Outcome: Clients will increase knowledge and skills related to managing financial resources.

Indicator: Number of families reporting changes in knowledge, opinions, skills or aspirations related to money management.

Method: Word of mouth, formal and informal evaluation

Timeline: 2016-2020

Initial Outcome: Understanding of difference in needs and wants, spending, saving, and investing

Indicator: Change in Survey Results

Method: Pre and Post Survey

Timeline: 2016-2020

Learning Opportunities:

Audience: Families
Project or Activity: Healthy Walking - Healthy Life
Content or Curriculum: Small Steps to Health & Wealth by email, Walking Program
Inputs: Family & Consumer Science Agent
 Date 2020

Audience: Children
Project or Activity: Right On the Money
Content or Curriculum: Right On the Money Curriculum
Inputs: Schools, Kindergarten, Family & Consumer Science Agent
Date: 2019 -2020

  Audience: Youth
Activity: Reality Store & Dollars and Sense
Content or Curriculum: 4-H Curriculum
Inputs: Curriculum, Agents, Teachers, Community Members, School System, Facilities
Date: 2019-2020

 Audience: Adults
Project or Activity: Financial Planning for the Holidays
Content or Curriculum: Leaflets
Inputs: Family and Consumer Science Agent
Date: 2019-2020