Youth today are in a world where a simple click can purchase anything on the internet. However, the COVID – 19 Pandemic created an economic recession across the commonwealth, due to the job loss of many closed businesses and industries. This left many families reducing unnecessary home expenses. Whitebread and Bingham (2013) state that children have already developed basic money habits by age seven.  Due the reduction in the family budget, and money habits developed at an earlier age, youth must understand the basics of financial management.

In response, Kentucky 4-H Youth Development developed the Kentucky 4-H Financial Management Online Video Series. There are five lessons in the online series: a) needs verses wants, b) how much do I cost, c) budgeting basics, d) financial goal setting, and e) credit card basics.  This is followed by an online based 4-H Its Your Reality life budgeting simulation and evaluation.

Youth that are able to understand financial management concepts at an early age, lead to more competent adults.   As well as a financially stable economy.