Note: This site is for reviewing legacy plan of work data from 2007-2011. If you are looking for the current plan of work interface, visit pow.nmsu.edu.
Financial Security for All (Roosevelt County)
Plan Goals
Improve the financial literacy of Roosevelt County citizens through better money and time management, increased savings, and wise use of credit.
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Financial Security for All - Personal Finance
Impact Reports
A class of Floyd High School students was instructed on basic money management skills. Short term objectives of increasing their knowledge on budgeting, financial goal setting, credit scores and credit traps were obtained. As a result of this program their instructor is interested in using the High School Financial Planning workbooks for future classes.
Newsletter articles have been written this year to increase knowledge in the matters of financial security. This newsletter is sent monthly to 260 household of all ages and life stages.
An article about “Marrying Again” was written to discuss financial matters involved in marrying again, whether from death or divorce. This article increased the knowledge of financial issues information that needs to be gathered and discussed prior to remarriage. Questions about day to day money management, long range planning and financial problems or complications caused by marrying more than once. Information for this article came from the National Endowment for Financial Education.
A second article from this source about being “Suddenly Single” advised as to necessary first steps for widows, widowers, and newly separated or divorced, information on organizing and gathering financial records and taking control of their future.
A third in the series was written about receiving a “Financial Windfall”, any amount of “sudden money” such as inheritance, retirement payout, lottery winnings, personal injury settlements, divorce settlement, business earnings or cashing out stock options. Readers were made aware of dangers in impulsive decisions; decisions that must be made right away; looking for good financial advice and where to heed caution.
During an unusual disastrous spring, readers were given some important pointers on “Homeowner/Renter’s Insurance”. A list of tips about insuring adequate coverage and tips for saving money on homeowner’s insurance and important features to consider. This information came from the 2007 Consumer’s Action Handbook.
An awareness of “Service Contracts and Extended Warranties” that may add hundreds of dollars to purchase price and are rarely worth the cost and also duplicate warranty coverage you automatically receive from a manufacturer or dealer.
Many other consumer issues have been discussed in this newsletter to increase the knowledge and awareness of the readers of the newsletter and those they share the information with.
Newsletter articles have been written this year to increase knowledge in the matters of financial security. This newsletter is sent monthly to 260 household of all ages and life stages.
An article about “Marrying Again” was written to discuss financial matters involved in marrying again, whether from death or divorce. This article increased the knowledge of financial issues information that needs to be gathered and discussed prior to remarriage. Questions about day to day money management, long range planning and financial problems or complications caused by marrying more than once. Information for this article came from the National Endowment for Financial Education.
A second article from this source about being “Suddenly Single” advised as to necessary first steps for widows, widowers, and newly separated or divorced, information on organizing and gathering financial records and taking control of their future.
A third in the series was written about receiving a “Financial Windfall”, any amount of “sudden money” such as inheritance, retirement payout, lottery winnings, personal injury settlements, divorce settlement, business earnings or cashing out stock options. Readers were made aware of dangers in impulsive decisions; decisions that must be made right away; looking for good financial advice and where to heed caution.
During an unusual disastrous spring, readers were given some important pointers on “Homeowner/Renter’s Insurance”. A list of tips about insuring adequate coverage and tips for saving money on homeowner’s insurance and important features to consider. This information came from the 2007 Consumer’s Action Handbook.
An awareness of “Service Contracts and Extended Warranties” that may add hundreds of dollars to purchase price and are rarely worth the cost and also duplicate warranty coverage you automatically receive from a manufacturer or dealer.
Many other consumer issues have been discussed in this newsletter to increase the knowledge and awareness of the readers of the newsletter and those they share the information with.
Connie S. Moyers has signed on to support Financial Security for All within Roosevelt County.