2056 - Financial Education - General | ||
---|---|---|
2056.1) | 211 |
Number of individuals who gained knowledge related to financial management |
2056.2) | 166 |
Number of individuals who made a sound financial decision (regarding credit, budgeting, savings, and/or debt) |
2056.3) | 0 |
Number of those who have successfully completed financial management and/or career readiness programs that will help set future goals |
2056.5) | 186 |
Number of individuals who implemented at least one strategy to reduce expenses or manage money |
2056.4) | 186 |
Number of individuals who implemented strategies to avoid breaches in personal or financial security |
2056.6) | 0 |
Number of individuals who reported increased levels of understanding in the area: identifying estate planning strategies for the family, farming operation, or business |
2056.7) | 12 |
Number of individuals who took action toward implementing at least one estate planning strategy in regard to the subject matter presented |
2056.8) | 0 |
Dollars reported saved as a result of participating in a financial education program |
2056.9) | 121 |
Number of participants who attended age-related housing, financial, and estate planning programs not identified as a “major program.” Major age-related programs include: Keys to Embracing Again, 10 Warning Signs, and AARP Prepare to Care |
Author: Matti Coffey
Major Program: Financial Education - General
The holidays were challenging for many reasons during 2020. One of those reasons was the pandemic limiting getting together with family to celebrate traditions. It is very common to give and receive gifts during this time causing a stress on family budgets. Considering the repercussions of shut downs and quarantines, many lost jobs or were furloughed. Not to mention the strain of small business owners to make ends meet. According to the U.S Small Business Administration, Kentucky has 355,998 sma