Financial Capability Education

financewallet

The Financial Capability Information on this webpage is organized by the topics below. Click on the topic listed below to quick-jump to that portion of the information.

Financial Education Resources

Family Financial Security

Credit

EITC Information (Tax Credits)

Financial Coaching

Money Smart Week

Resources

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Financial Education Resources

Paying For Your Plan: Budgeting for Health Insurance : Information for those individuals and families who are learning how to adapt to financial changes with health insurance coverage.

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Family Financial Security

Financial Education and Money Management Helping families achieve financial well-being – keeping pace with day-to-day expenses, reaching financial goals, planning for life’s unexpected events, and securing their financial future.

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Credit

Check Your Free Credit Report Campaign: 2/2, 6/6, 10/10

To make it easier for people to monitor their financial well -being, UW-Extension educators around the state are kicking of the “Check Your Free Credit Report Campaign: 2/2, 6/6, 10/10” reminding people to view their three free reports each year on February 2, June 6 and October 10.

Credit Report Know How

  • Credit reports are increasingly important to everyday life—getting a job, obtaining an affordable loan or insurance policy, or renting a home.
  • Each person is responsible for the accuracy of the information in his or her credit report, but only about 4 in 10 Wisconsin adults check their reports each year.
  • Everybody is entitled by law to three free credit reports each year through AnnualCreditReport.com. Free reports provide the same information as paid reports, so paying for credit monitoring or related services is typically unnecessary.
  • Reading a credit report can initially be intimidating, and fyi.uwex.edu/creditreport walks visitors through the process

http://fyi.uwex.edu/creditreport

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EITC Information (Tax Credits)

Low and moderate-income workers in Wisconsin may be eligible for thousands of dollars of additional income at tax time. For many families, the federal Earned Income Tax Credit (EITC), together with the state Earned Income Credit, can bring in anywhere from a few dollars to more than $8,000, depending on household income and size. Both credits specifically target employed households, and are intended to supplement earnings from work. Workers can receive the credits even if their incomes are too low to pay any income taxes. This chart has general guidelines for tax credits for which you may be eligible.

To help eligible households learn about the credits, UW-Extension has developed a website providing detailed information—including information on eligibility and benefits, links to tax forms, and more. The website can be found at http://fyi.uwex.edu/eitc/

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Financial Coaching

Do you want to become money smart, take control of your financial situation, and plan for the future? Volunteer financial coaches are available to help you reach your goal.  This confidential service will provide the guidance to assess your financial situation, plan your spending and savings goals, and address any money issues you may have.  You will build confidence in your own ability to manage your financial future.  For more details view the Financial Coaching Brochure or contact us at 262-335-4479

Financial Coaching Training Program

This program is designed to help you learn how to effectively coach clients on their financial concerns.  Watch this page for details of upcoming training sessions.

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Money Smart Week

Thank you to those who participated in Money Smart Week 2017 events in Washington County! Together we were able to explore timely, unbiased information and tools to help better manage personal finances. Read more details here: 2017 Money Smart Week Report.

Save the Date: Money Smart Week for 2018 will be April 21 – 28.  If you or your organization are interested in being on the planning team, please contact the UW-Extension office. We’d love to have you on board! Learn more about Money Smart Week at this website: www.moneysmartweek.org

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Resources

Managing Between Jobs
In the wake of widespread job layoffs and a faltering economy, many Americans are finding it a struggle to make ends meet and to fulfill their financial obligations. If making your monthly payments is a challenge or if you find it more difficult to obtain basic needs, these UW Extension fact sheets may be helpful as you attempt to get through tough times.
Managing Your Personal Finances in Tough Times
Free, reliable resources to make sound financial choices in five areas:
  • Talking with Family and Managing Stress
  • Creating a Budget
  • The Balancing Act: Cutting Expenses and Increasing Income
  • Keeping Up with Credit and Debt
  • Considering Foreclosure and Bankruptcy

http://fyi.uwex.edu/toughtimes/

Podcast: Drop in Income podcast

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Family Living Staff

Carol Bralich
Associate Professor
Family Living Educator
Phone: 262-335-4479
Email: carol.bralich@ces.uwex.edu

UW-Extension Washington County
333 E. Washington Street, Suite 1200
PO Box 2003
West Bend, WI 53095-2003
Fax: 262-335-4863
Relay: “711”

Jen Amenda – Program Assistant
Email: jenny.amenda@co.washington.wi.us

Karen Girard – Program Assistant
Email: karen.girard@co.washington.wi.us