Financial Capability Education

 

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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 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.

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.

Credit

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

By law, everybody can obtain three free credit reports each year. The information in your credit report affects your life in important ways–your ability to get a loan, how much you pay for credit and insurance, securing a job, renting a house or apartment, and preventing identity theft. It is important to check your report regularly to make sure it is accurate and up-to-date. The credit reporting system is set up so that you are responsible for finding and correcting errors–you must play the role of quality controller for the information in your reports.

We encourage you to mark your calendars on 2/2, 6/6, and 10/10 this and every year as a reminder to request a copy of your free report on those days. “2/2, 6/6, 10/10” is meant as a simple way to remember to pull your free credit reports regularly. You may want to provide your email address here to automatically receive reminder emails on those dates. Visit University of Wisconsin-Extension’s Obtain Your Free Report to learn how to obtain and read your credit report.

Important: You never need to provide a credit card number to obtain your free credit report. Websites that ask for your credit card number may bill you for your report.

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/

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.

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

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

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