This document summarizes a presentation on providing financial education to Head Start families. It discusses defining financial literacy, assessing baseline financial behaviors of Head Start families through surveys, and implementing various modes of education - including newsletters, workshops, and financial coaching. The results of an initial financial education pilot project across 7 counties were also shared, finding some improvements in financial goal setting and capabilities among participating families. Next steps discussed expanding the program to more counties and families.
The release of the draft cohort default rates presents a great opportunity to review or initiate your default prevention plan. During this webcast, we discussed proven strategies that will help students successfully complete their program of study, become educated consumers regarding their student loans and provide them with the assistance they need to successfully repay their educational debt.
If you have a high school senior starting to receive college acceptances, congrats! The admissions process is a long road, and your family is nearing the end of it. But one of the most important steps – figuring out how to pay the college bill – still needs to be completed.
We’ve put together a brief presentation to explain the language you’ll encounter when borrowing a college loan, how to differentiate between lenders, and ways to make sure you borrow wisely.
It’s important to understand the differences among all of your college loan options. This presentation provides guidance on comparing interest rates, calculating total loan cost, and what to read in the fine print.
The release of the draft cohort default rates presents a great opportunity to review or initiate your default prevention plan. During this webcast, we discussed proven strategies that will help students successfully complete their program of study, become educated consumers regarding their student loans and provide them with the assistance they need to successfully repay their educational debt.
If you have a high school senior starting to receive college acceptances, congrats! The admissions process is a long road, and your family is nearing the end of it. But one of the most important steps – figuring out how to pay the college bill – still needs to be completed.
We’ve put together a brief presentation to explain the language you’ll encounter when borrowing a college loan, how to differentiate between lenders, and ways to make sure you borrow wisely.
It’s important to understand the differences among all of your college loan options. This presentation provides guidance on comparing interest rates, calculating total loan cost, and what to read in the fine print.
If you have a student headed to college in the fall, you’ll need to start putting together a plan to pay the college bill. We’ve created a presentation below that walks through all of your options, as well as explaining your financial aid, the college waitlist, and the timeline of the next few months.
If you’re beginning repayment on a student loan soon (or know someone who is), it’s important to understand the process and to stay on track. Keeping up to date with student loan payments is necessary to build a solid credit history and maintain strong financial health.
Preparing for college with middle schoolersLisa Allard
If you have a student in middle school, now is a great time to think ahead toward college. We’ve put together a roadmap to direct your steps and give you the information and tools you need to stay on track.
A look at budgeting and affordability for your international students. Presentation at NAFSA Region IV in Rapid City SD as part of the NAFSA regional conference in 2013
A composite index designed to measure committee and programme efforts in a multi-sectoral mainstream. It will score in the following areas; Political support Policy formulation Evaluation and research Legal and regulatory issues Service availability Participation etc
If you have a student headed to college in the fall, you’ll need to start putting together a plan to pay the college bill. We’ve created a presentation below that walks through all of your options, as well as explaining your financial aid, the college waitlist, and the timeline of the next few months.
Children’s Savings Accounts of as little as $500 have been shown to triple the likelihood that children from families with low incomes will go to college and quadruple the likelihood of graduating from college. Not only that, but the benefits of these accounts ripple out to impact children’s and their mothers’ emotional well being. Oregon’s senior US Senator, Ron Wyden, has made Children’s Savings Accounts a priority at the national level, and in the meantime others are hard at work to bring CSAs to life here in Oregon. Join us to learn more about CSAs and to help us build momentum for policy change.
Presenters
Bruce Abernethy, Bend-Lapine School District
Janet Byrd, Neighborhood Partnerships
Students mismanaging money could see universities losing up to 1 in every 10 students every year.
It will come as no surprise to you, to hear us say that, we think upskilling students and getting them more financially savvy is key.
We are on a mission – to upskill people for the 21st century through better money management, employability and enterprise training.
Ask us how!
Advocacy During the COVID Era - EveryLibrary - MLA 2020 Virtual Annual Conf - EveryLibrary
Presented by John Chrastka during the MLA 2020 Virtual Annual Conference, Oct 14, 2020 "Are you wondering how you can better advocate for your library in the face of COVID-related budget pressures? In this budget climate, library leaders need a highly-engaged plan to advocate for the funding they need to continue enriching their community or school. Join EveryLibrary’s executive director John Chrastka for a discussion of how austerity budgets work and what new advocacy techniques and skills you need to support your next budget request. Come ready to learn what the current revenue forecasts are for states, municipalities and education, along with effective ways to gauge community priorities and sentiments during COVID-19, and some of the best ways to frame your advocacy message in light of current concerns. We hope for you to come away with actionable insights on building coalitions and partnerships to help advocate for your library."
Financial planning is for everyone. If you're like most people, financial planning might seem very complicated and confusing, and you might not know where to start. However, here are some ideas to help you get started.
If you have a student headed to college in the fall, you’ll need to start putting together a plan to pay the college bill. We’ve created a presentation below that walks through all of your options, as well as explaining your financial aid, the college waitlist, and the timeline of the next few months.
If you’re beginning repayment on a student loan soon (or know someone who is), it’s important to understand the process and to stay on track. Keeping up to date with student loan payments is necessary to build a solid credit history and maintain strong financial health.
Preparing for college with middle schoolersLisa Allard
If you have a student in middle school, now is a great time to think ahead toward college. We’ve put together a roadmap to direct your steps and give you the information and tools you need to stay on track.
A look at budgeting and affordability for your international students. Presentation at NAFSA Region IV in Rapid City SD as part of the NAFSA regional conference in 2013
A composite index designed to measure committee and programme efforts in a multi-sectoral mainstream. It will score in the following areas; Political support Policy formulation Evaluation and research Legal and regulatory issues Service availability Participation etc
If you have a student headed to college in the fall, you’ll need to start putting together a plan to pay the college bill. We’ve created a presentation below that walks through all of your options, as well as explaining your financial aid, the college waitlist, and the timeline of the next few months.
Children’s Savings Accounts of as little as $500 have been shown to triple the likelihood that children from families with low incomes will go to college and quadruple the likelihood of graduating from college. Not only that, but the benefits of these accounts ripple out to impact children’s and their mothers’ emotional well being. Oregon’s senior US Senator, Ron Wyden, has made Children’s Savings Accounts a priority at the national level, and in the meantime others are hard at work to bring CSAs to life here in Oregon. Join us to learn more about CSAs and to help us build momentum for policy change.
Presenters
Bruce Abernethy, Bend-Lapine School District
Janet Byrd, Neighborhood Partnerships
Students mismanaging money could see universities losing up to 1 in every 10 students every year.
It will come as no surprise to you, to hear us say that, we think upskilling students and getting them more financially savvy is key.
We are on a mission – to upskill people for the 21st century through better money management, employability and enterprise training.
Ask us how!
Advocacy During the COVID Era - EveryLibrary - MLA 2020 Virtual Annual Conf - EveryLibrary
Presented by John Chrastka during the MLA 2020 Virtual Annual Conference, Oct 14, 2020 "Are you wondering how you can better advocate for your library in the face of COVID-related budget pressures? In this budget climate, library leaders need a highly-engaged plan to advocate for the funding they need to continue enriching their community or school. Join EveryLibrary’s executive director John Chrastka for a discussion of how austerity budgets work and what new advocacy techniques and skills you need to support your next budget request. Come ready to learn what the current revenue forecasts are for states, municipalities and education, along with effective ways to gauge community priorities and sentiments during COVID-19, and some of the best ways to frame your advocacy message in light of current concerns. We hope for you to come away with actionable insights on building coalitions and partnerships to help advocate for your library."
Financial planning is for everyone. If you're like most people, financial planning might seem very complicated and confusing, and you might not know where to start. However, here are some ideas to help you get started.
This PPT is on creating personal financial plan. Also ideas on creating wealth and also various avenues of investments. This ppt is based on investment options available in India
One of the reasons many of us are stressed is because of poor financial planning. We often give in to commercialism and debt, which, in turn, creates more problems than they solve. Of course, we all know that a stressed and problematic employee is not a good worker.
The Wallet Therapy is an effort to teach participant to manage all aspects of a person’s financial affairs. This begins with planning one’s spending (financial goals and budgets) and extends through to risk management (insurance), wealth accumulation and investing. This course provides participants practical tools for managing personal finances, in order to counteract the effect of media advertising that encourages debt and creates unrealistic financial expectations. Participants will be empowered with the necessary knowledge that will set them firmly on the path to financial independence.
Developing an ITE framework for D&T (TERC 2012)Alison Hardy
This presentation reports on the development of a new framework for an undergraduate design and technology teacher training programme at a university in England.
The outcome of the research was a framework with five elements that reflects the team’s philosophy of design and technology with a particular emphasis on the integration of the subject content of designing, making and technology, and related pedagogical knowledge.
Presentation for TERC 2012 with Dr David Barlex
http://www.griffith.edu.au/conference/technology-education-research-conference-2012
Architecting for AWS Cloud - let's do it right!Misha Hanin
The power of AWS cloud needs to be understood to be harnessed in the most effective manner. This first Winnipeg AWS User Group meetup provides a forum to explore the technology approach delivering successful solutions on AWS.
This self-paced course is designed to provide you with a basic understanding of personal financial management to help you meet life's challenges and opportunities in college and in life. Major topics covered include: financial planning; budgeting; information on the various sources of financial aid; credit use; standards of progress for financial aid eligibility; affording the loan debt that you have borrowed; using your maximum credit wisely; and retirement planning. Students will be provided with information that will enhance their knowledge and skills to assist them with making more informed decisions that are related to various practices as they pursue their education at Madison College.
Pittsburgh Nonprofit Summit - We Got Funded! What Social Innovations are Bei...GPNP
Over 50 applications were submitted to the inaugural federal Social Innovation Fund and 11 agencies were awarded funding. Hear directly from the grantees of the SIF, learn about the re-granting process and find out what is required to compete at these levels. Also, hear the lessons learned from the first round and learn what is being changed for the current round of funding.
Student Loans: What Financial Practitioners Need to Knowmilfamln
This 90-minute webinar will focus on providing financial practitioners with tools and resources to aid clients in selecting student loans. The webinar speakers will discuss research findings related to student loan research and student loan/financial aid education best practices and experience.
This webinar will offer an overview of some of the personal finance research conducted by the Consumer Financial Protection Bureau that is most pertinent to financial counselors and educators.
To join, find resources and watch recording: https://learn.extension.org/events/3069
Dubis Correal - Senior Program and Policy Advisor, Office of Financial Education, Consumer Financial Protection Bureau, United States - delivered this presentation to the NZ OECD Global Symposium on Financial Education 2016 in Auckland. The topic: Advancing youth financial capability and a personal finance pedagogy model
In the latest webinar in the Using What Works series highlighting tools of the Annie E. Casey Foundation’s Evidence2Success framework, experts described the components of a strategic financing plan for programs proven to work for children and families and new financing approaches being adopted around the country.
Rentry students 10 sound money management principles ppt.pptetebarkhmichale
MU/CBE/ACFN BANKING PRICIPLES AND PRACTICES Page 5
CHAPTER ONE
AN OVERVIEW OF BANKS AND THEIR FUNCTIONS
1.1 Introduction:
Modern commercial banking, in its present form, is of recent origin. Though bank is
considered to be an ancient institution just like money. Its evolution can be traced in
the functions of money lender, the goldsmiths and the merchants.
A bank has been often described as an institution engaged in accepting of deposits and
granting loans. It can also be described as an institution which borrows idle resources,
makes funds available to. It does not refer only to a place of lending and depositing money,
but looks after the financial problems of its consumers. In simple words, banking can be defined
as the business activity of accepting and safeguarding money owned by other individual and
entities, and then lending out this money in order to earn a profit.
This era is the age of specialization with the changing situation in the world
economy, banking functions have broadened.
Financial institutions which are shaped by the general economic structures of the country
concerned vary from one country to another. Banks are among the most important financial
institutions in the economy and are the principle sources of credit.
1.2 . Meaning of Banking
Here are a few of definitions given by well known scholars:
Bank is a manufacturer of credit and machine for facilitating exchanges.
A bank is a person or corporation which holds itself out to receive from the public
deposits and payable of demand by cheque.
Banks are institutions whose debts usually referred to as ‘Bank Deposits’ are
commonly accepted in final settlement of other people debts.
A bank is an establishment which makes to individuals such advances of money as
may be required and safely made and to which individuals entrust money when not
needed by them for use.
MU/CBE/ACFN BANKING PRICIPLES AND PRACTICES Page 5
CHAPTER ONE
AN OVERVIEW OF BANKS AND THEIR FUNCTIONS
1.1 Introduction:
Modern commercial banking, in its present form, is of recent origin. Though bank is
considered to be an ancient institution just like money. Its evolution can be traced in
the functions of money lender, the goldsmiths and the merchants.
A bank has been often described as an institution engaged in accepting of deposits and
granting loans. It can also be described as an institution which borrows idle resources,
makes funds available to. It does not refer only to a place of lending and depositing money,
but looks after the financial problems of its consumers. In simple words, banking can be defined
as the business activity of accepting and safeguarding money owned by other individual and
entities, and then lending out this money in order to earn a profit.
This era is the age of specialization with the changing situation in the world
economy, banking functions have broadened.
Financial institutions which are shaped by the general economic structures of the country
concerned vary from one count.
Similar to Exploring Financial Education and Ourtreach with Head Start Families (20)
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
2. Presenters:
J. Michael Collins
University of Wisconsin-Madison
jmcollins@wisc.edu
608.262.0369
Peggy Olive
UW Extension Richland County
Peggy.olive@ces.uwex.edu
608.647.6148
Ruth Schriefer
UW Extension Iowa County
Ruth.schriefer@ces.uwex.edu
608.935.0391
3. Today’s Agenda
Financial Literacy:
What is it?
Modes & Methods
Head Start Financial Education
Pilot
Surveys
Newsletters
Workshops
Financial Coaching
4. Financial Literacy
What is it?
Not like reading literacy?
“Capability” or “Capacity”…
More than knowledge
Applied knowledge and decisions
Result: Financial Security
Not focused on income level or
wealth
5. Core Competencies
Budgeting
Finding financial information
Use of credit
Using financial services
Saving for special purposes
Filing taxes
Using benefits
6. How do we learn?
School
Family – Parents & siblings
Positive & negative
Social groups / peers
Financial Providers
Community-based programs
Other?
7. Tapping into existing systems
Tax preparation
Home ownership
New employees
School-work transitions
Pre-school?
Working parents
Focused on children’s future
Goal setting
8. Modes of education
Passive: media & social networks
Technology: web, mobile phones
Print: targeted publications &
newsletters
Workshops: group education
One-on-One
Counseling – problem solving
Coaching – goal achievement
9. Information Matters
Financial Literacy Education Classes
Can provide consumers with tools and knowledge
Context and details matter (a lot)
Counseling one-to-one
Knowledge transfer versus behavior change
Problem that needs to be solved
Coaching
Ongoing over time
Non-directive (do not need to be an expert)
One-to-one - sometimes mixed with group work
11. 7 Counties:
Crawford
Grant
Iowa
Jackson
Lafayette
Richland
Trempealeau
3 CAP
agencies
191 families
participating
12. Project Overview
Baseline survey
Educational outreach:
Newsletters
Workshops
Financial Coaching
Follow-up survey
Purpose: measure changes in goal setting and
self-reported financial status
Support from Annie E. Casey Foundation
13. Baseline Survey (Sept 2009)
• 434 families enrolled in Head Start/Early Head Start
programs in 7 counties invited to participate
• Survey Dissemination
• Baseline survey 191 (44%) responded.
– 60% high school education or less
– 31% own their homes
– 50% married
– 23% have 1 child, 33% two, and 44% 3 or more
Source: UW Cooperative Extension SW Wisconsin Head Start Family Surveys
14. Baseline Survey (Sept 2009)
Financial behavior:
• 70% have checking accounts
• 62% have savings accounts
• 42% have a credit card
• 23% have a retirement account
• 15% have money automatically deposited
into savings/investment account
Source: UW Cooperative Extension, Head Start Family Surveys
15. Baseline Survey (Sept 2009)
Financial Planning:
• 67% do not have a budget or spending plan
• 78% do not have a written plan to save for
themselves, their children, or their family’s
future.
• 18% had gotten a copy of their credit report
in the last 3 months.
Source: UW Cooperative Extension, Head Start Family Surveys
16. Baseline Survey (Sept 2009)
Financial Distress:
• Financial stress scale (0= no stress; 10 =
overwhelming stress) = 6.6
– 14% feeling of overwhelming stress
• 87% of respondents say they worry about meeting
normal monthly living expenses.
• 67% have little to no confidence that they could find
the money for a financial emergency which costs
$1000.
• 58% responded that they had paid a late fee on a
bill in the last 6 weeks.
Source: UW Cooperative Extension, Head Start Family Surveys
18. Newsletters
One method to reach and teach
Raise awareness
Provide basic information
Reinforce educational messages
19. Newsletters Have Limitations…
People tend to scan rather
than read
Not the best resource for
detailed info
Timelines & production
schedules
Newsletters
20. Written by UW-Extension Family
Living staff
8 Topics based on the goals for the
Head Start Financial Education
project
Distributed monthly
Newsletters
22. Workshops
Presented by UW-Extension Family
Living staff
Topics based on the goals for the
Head Start Financial Education
project
Saving Money
Credit & Debt
25. Working Definition of Coaching
“a collaborative solution-focused, result-oriented and systematic process in which
the coach facilitates the enhancement of life experience and goal attainment of
normal, non-clinical clients” (Grant, 2003).
Key Elements of Coaching
a focus on long-term outcomes
collaborative process to
change behavior
practice new skills
based on the client’s unique
needs and goals
Steps:
1. Goal
setting
2. Action
planning
3.Monitoring
26. Financial Coaching
Goal setting & monitoring
Examples of goals:
Open bank account
Make budget and stick to it for 2 pay periods
Sign-up for benefits
Fund savings accounts
Not an ‘expert’ –goal setting and monitoring
Accountability
40. Center for Financial Security
Research on consumer financial behavior
Improving financial education and advice
Financial Literacy Research Consortium of Social
Security Administration
Financial Coaching Training
December 2, 2010 - Madison
http://www.familyfinancialsecurity.org/
Contact:
J. Michael Collins, Faculty Director
jmcollins@wisc.edu
608.262.0369
Editor's Notes
Ruth
Ruth
Ruth: Newsletters are one way for us to extend the learning for the Head Start Financial Education project
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