Family & Consumer Sciences Education - Enhance Life Skills and Build Consumer Awareness
Family & Consumer Sciences Education
Thompson, Farley, Prim, Harney, Agnew
Financial Education - General
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 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.
Better family money management skills, such as reducing debt, increasing savings, and financial planning.
Practice one or more resource management behaviors resulting in increased savings or investments. Adopt financial planning strategies for short-, mid-, and long-term goals.
Increased knowledge and skills related to managing financial resources, including savings, credit, and financial planning. Change knowledge, opinions, skills, and aspirations, to improve employability through work and practical living skills and continuing education practices. Increase financial literacy (knowledge and skills) related to savings and investments.
Outcome: Increased awareness of sound financial behaviors
Indicator(s): Number of individuals/children/families who implemented at least one strategy to reduce expenses or manage money by participating in the Piggy Bank Contest (basic budgeting, savings, debt reduction, etc.)
Method: Piggy Bank Contest and incorporation of contest into existing programs (Flower Bud, existing 4-H classes/programs)
Timeline: July 1, 2022—June 30, 2023
Audience: Campbell County Families of Youth (K-12)
Project or Activity: Piggy Bank Contest
Content or Curriculum: America Saves Resources/Managing Money in Tough Times
Inputs: FCS Agents, 4-H Agents and Assistants, America Saves and Managing Money in Tough Times publications and resources.
Date: September 1, 2022—January 31, 2023
Audience: Preschoolers
Project or Activity: Learning about money
Content or Curriculum: Building your Preschoolers Financial Capability
Inputs: FCS Agent, Preschool teachers, daycare workers, parents
Date: Taught once during the school year