Building financial capability and security over the life course strengthen Iowa families, however low financial literacy, coupled with stagnant incomes and rising living costs create economic pressures that erode financial security. Iowans scored on average just 60% on a national financial literacy test. Many rural Iowans struggle to find well-paying jobs and to access services. Targeted and timely Extension financial education programs build the knowledge and skills needed in today’s complex financial markets.
Increase skills and knowledge to use the NEFE HSFPP to teach financial literacy skills to middle and high school youth.
Participants will plan and track spending, assess insurance coverage, improve short-term financial security by reducing debt and starting/increasing emergency fund savings, assess retirement readiness and/or increase retirement savings, and assess preparedness for future life events.
Increase family financial security, improve financial management skills, and increase community support for people living within their means.
Increase understanding of health insurance terminology, plan options, and provisions of the Affordable Care Act. Increase capability and confidence to make an optimal health insurance decision.
Increase skills and knowledge to make wise saving and investing decisions at each stage in life—beginning, mid-life, or near or in retirement.
Low- and moderate-income taxpayers electronically file tax returns (at no charge) to receive Earned Income Tax and other tax credits. Refunds are spent in the local community and improve financial wellbeing of low to moderate income wage earners.
Increase skills and knowledge in financial management. Develop and make progress towards financial goals.