Extension
It Starts With Us
| 2055 - Money Habitudes | ||
|---|---|---|
| 2055.4) | 6 |
Number of individuals who created at least one specific saving or wealth related goal for family, farming operation, or business |
| 2055.5) | 5 |
Number of individuals who took action toward implementing at least one financial management strategy in regard to the subject matter presented |
| 2055.6) | 0 |
Number of individuals who implemented at least one strategy to reduce expenses or manage money |
| 2055.3) | 5 |
Number of individuals reporting increased levels of understanding in the area: confidence in handling money issues or specific financial matters |
| 2055.1) | 5 |
Number of individuals reporting increased levels of understanding in the area: how to manage/address current economic events facing the family, farming operation, or business |
| 2055.2) | 4 |
Number of individuals reporting increased levels of understanding in the area: identifying money management cost-saving strategy for the family, farming operation, or business |
Author: Dayna Fentress
Major Program: Money Habitudes
Financial education programs often highlight financial literacy skills such as budgeting and managing credit card debt; however, these skills do not tap into the emotional and practical issues that cause people to react irrationally with money. Financial decisions are most often motivated by emotional need as opposed to logical knowledge. To address this concern, the University of Kentucky Cooperative Extension Service utilized the Money Habitudes program to emphasize the importan
