Managing Family and Personal Finances
Securing Financial Stability
Rachel Hance
Securing Financial Stability (general)
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. According to the U.S. Census Bureau, Logan County has a poverty rate of 16.9% and a median household income less than the state and national averages.
Number of clientele reporting improved family financial stability and economic well-being
Adopt short, mid and long term financial planning strategies
Practice one or more resource management behaviors resulting in increased savings or investments
Teenagers and adults will show increased knowledge and skills related to managing available financial and non-financial resources
Initial Outcome: Teenagers and adults will show increased knowledge and skills related to managing available financial and non-financial resources
Indicator: Number of individuals reporting improved knowledge and skills related to securing financial stability (such as managing financial and non-financial resources; consumer rights and privacy protection; importance of education and employability skills; personal goal setting to maintain and improve financial stability)
Method: Mail out or email follow up survey
Timeline: 8-10 weeks following program
Intermediate Outcome: Adopt short, mid and long term financial planning strategies
Indicator: Number of individuals who adopted short, mid and/or long term financial planning strategies
Method: Mail out or email follow up survey
Timeline: 3-6 weeks following program
Long-term Outcome: Number of clientele reporting improved family financial stability and economic well-being
Indicator: Number of individuals self-reporting improved financial stability and economic well-being
Method: Survey or Question/Answer session
Timeline: At end of program
Audience: General Public, Adults
Project or Activity: Small Steps to Health and Wealth Online Challenge
Content or Curriculum: UK publications and Where Does Your Money Go curriculum
Inputs:Kentucky Cooperative Extension Service (CES) agents, program assistants, specialists and volunteers; Kentucky CES publications and resources; Non-profit organizations
Date: Winter/Spring 2018
Audience: Extension Homemakers
Project or Activity: Entrees for Less
Content or Curriculum: UK publications and resources
Inputs: Kentucky Cooperative Extension Service (CES) agents, program assistants, specialists and volunteers; Kentucky CES publications and resources, Kentucky Extension Homemakers Association (KEHA)
Date: May 2018
Author: Carrie Derossett
Major Program: Family and Consumer Sciences 4-H Core Curriculum
Logan County 4-H Reality StoreProgram Year: 2017-18By: Carrie Derossett, 4-H Youth Development Agent, Logan County 4-H aims to engage youth through hands-on experiences in order to build life skills. The 4-H It’s Your Reality (Reality Store) Curriculum focuses on engaging teens in real life budgeting scenarios. Each student is given an occupation with a salary, determine if they have a spouse, their spouse’s career, and how many children they have. In the orientatio