Author: Theresa Howard
Planning Unit: LaRue County CES
Major Program: Securing Financial Stability (general)
Plan of Work: Life Skills & Early Childhood Development
Outcome: Intermediate Outcome
The LaRue County Extension Service helps promote financial literacy year-round to the public through newspaper columns and social media posts on our office Facebook page. Starting in 2016, the FCS agent offers onsite quarterly financial literacy (Moneywise) classes to employees at Nationwide Uniform. It has a diverse workforce of around 230 employees, most of which are female.
Women need to plan on being single at some point in their lives, whether through divorce, widowhood or the decision not to marry. This means everyone needs to develop expertise at handling financial decisions and ultimately acquiring some level of financial independence. Of the 18 employees regularly attending the Moneywise class, the majority reported these actions taken: they now have set a savings goal; spend less on eating out; have checked their personal earnings record on SocialSecurity.gov; and have recently checked their records with one or more of the 3 main Credit Reporting Bureaus.
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