2056 - Securing Financial Stability (general) | ||
---|---|---|
2056.1) | 144 |
Number of those who gained knowledge related to financial management |
2056.2) | 135 |
Number of individuals who gained knowledge on how to manage/address current economic events facing myself (as an individual), my family, business or farming operation |
2056.3) | 0 |
Number of those who reported being better able to recognize employment opportunities in today’s workforce |
2056.4) | 141 |
Number of individuals who made a sound financial decision (regarding credit, budgeting, savings, and debt) |
2056.5) | 144 |
Number of those who have successfully completed financial management and/or career readiness programs that will help me set future goals |
2056.6) | 0 |
Number who reported increased or maintaining savings or a long term investment/financial plan |
2056.7) | 0 |
Number of those who made informed financial decisions regarding their business/farming operation |
2056.8) | 0 |
Number of individuals who implemented strategies to avoid breaches in personal or financial security |
2056.9) | 0 |
Number of those reporting that their county/community has enhanced its local economic base by creating new or improving existing small businesses |
2056.10) | 0 |
Number of individuals who reported that their county/community has implemented strategies to promote vibrant downtowns |
2056.11) | 0 |
Number of those reporting that their county/community has become more successful at diversifying its economic base including manufacturing, healthcare, agriculture, and the service sector |
Author: Denise Wooley
Major Program: Securing Financial Stability (general)
In the current economy, financial stability is important. That stability rests with families securing and managing the income they have. There are 15.2% of McCracken County residents that are categorized as living in poverty. The poverty rate in the city of Paducah is even higher reaching 24.7%. One out of every 4.1 residents of Paducah lives in poverty. The poverty rate across the state of Kentucky is 18.3%, meaning Paducah has a significantly higher than average percentage of residents below t