MoneyWi$e

Stretching Your Dollar: What to do When the "Ends" Don't Meet

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky
Guest: Nichole Huff, PhD Assistant Extension Professor for Family Finance and Resource Management
Season 7, Episode 36
In this episode of MoneyWi$e on Talking FACS, host Mindy is joined by Dr. Nichole Huff, Assistant Extension Professor for Family Finance and Resource Management, to explore practical strategies for overcoming financial challenges faced by many today.
Dr. Huff sheds light on the shifting dynamics of income distribution in the U.S., noting the growing difficulty in keeping pace with rising expenses despite increased income levels. The conversation delves into the fundamental budget-balancing choices: increasing income or reducing expenses, and emphasizes the practicality of cutting expenses. From analyzing discretionary spending to managing fixed costs, listeners are equipped with actionable tips to identify and implement savings.
This episode highlights innovative approaches for reducing variable expenses, such as utilities, and emphasizes the importance of prioritizing essential needs. With insights from past generations on living sustainably and saving creatively, Dr. Huff encourages listeners to adopt budget-friendly habits that align with modern economic realities. Tune in to discover how small savings can lead to significant financial relief and learn ways to become money-wise in today's challenging economic landscape.
For more information about this topic and other MoneyWi$e topics, visit:
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Helping Neurodivergent Kids learn Financial Skills

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky
Guest: Whitney Holmes, MS Assistant Director for Learning Services, Center for Academic and Tutorial Services (CATS)/UK Athletics
Season 7, Episode 32
In this engaging episode of MoneyWi$e on Talking FACS, Mindy McCulley sits down with special guest, Whitney Holmes, Associate Director of Learning Services with CATS/UK Athletics to discus how neurodivergent children can be empowered with essential financial skills.
Whitney discusses the commonality of neurodivergence, the importance of a strengths-based approach, and how to leverage the unique abilities of neurodivergent individuals. This episode offers practical strategies for helping children with diverse learning profiles build financial competence.
Listeners will gain valuable insights on the benefits of starting financial education early, how to utilize school resources for support, and the importance of patience and adaptability when teaching kids financial literacy. Tune in to discover how these approaches not only benefit neurodivergent children but can enhance learning outcomes for all.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
MoneyWi$e Website
Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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MoneyWi$e: Forming Healthy Financial Habits

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky
Guest: Kelly May, Senior Extension Associate for Family Finance and Resource Management
Season 7, Episode 28
On this episode of Talking FACS, host Mindy McCulley engages with Senior Extension Associate Kelly May to explore the science behind forming habits that stick. Focusing on financial habits, they discussing how to break ineffective patterns and cultivate productive ones.
Kelly introduces the concept of the habit loop detailed in James Clear's 'Atomic Habits,' explaining how cues, cravings, responses, and rewards form behaviors. Through practical examples, she reveals the secrets to breaking bad habits, such as excessive spending, and building new, beneficial ones.
Listeners will discover actionable strategies for making desirable habits obvious, attractive, easy, and satisfying while learning how to render undesirable habits invisible, unattractive, difficult, and unsatisfying. Tune in to take the first step toward achieving your financial goals and improving your quality of life with science-backed strategies.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
MoneyWi$e Website
Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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Be a Responsible Information Consumer

Host: Nichole Huff, PhD Extension Specialist for Family Finance and Resource Management, University of Kentucky
Guest: Mindy McCulley, MS Family and Consumer Sciences Extension Specialist for Instructional Support
Season 7, Episode 23
In this episode of Talking FACS, hosted by Dr. Nichole Huff, we dive into the ever-relevant topic of information literacy in the digital age. Featuring Mindy McCulley as the guest, we explore the challenges of distinguishing between fact and opinion in the realm of viral news and media. Mindy and Nichole discuss five key factors to identify misinformation: authenticity, source, evidence, context, and reasoning. From understanding the impact of manipulated visuals and unsupported claims to trusting your instincts, this episode offers valuable insights for becoming a wise information consumer.
Listeners will gain practical tips on how to effectively evaluate news stories and media content before sharing, drawing parallels between these practices and financial consumer awareness. Discover how applying these concepts can prevent the spread of misinformation and promote responsible sharing in today’s fast-paced digital world.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
MoneyWi$e Website
Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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Budget Friendly Tips for Pet Owners

Host: Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky  
Guest: Kristen Jowers, MS Extension Specialist for OneOp
Featuring: Copper the Basset Hound and Molly the Border Collie
 
Season 7, Episode 19
In this episode of MoneyWi$e on Talking FACS, Kristen Jowers, Extension Specialist for OneOp ,delves into the financial considerations of pet ownership, particularly for military families.  Relying on research and experience from their own pet family members, Copper and Molly, Kristen and Mindy share insights into the unique considerations that pet ownership has on the family budget.
Kristen shares her expertise on the topic, emphasizing the often-overlooked financial impact of owning a pet. From upfront costs like adoption fees and vaccinations to recurring expenses such as food, grooming, and vet visits, Kristen highlights the importance of budgeting for these costs as part of family finances. She also discusses the significance of understanding specific breed requirements and offers practical tips for saving on pet expenses through DIY solutions and savvy shopping.
Additionally, the episode explores the unique challenges and benefits of pet ownership for military families, including the newly introduced Pet Transportation Allowance that supports families during relocations. Listeners will gain valuable insights into the emotional and social benefits of having a pet, as well as strategies for integrating pets into family life and managing related responsibilities.
Tune in to discover how pets can enrich family dynamics and learn about resources available through the OneOp community for professionals working with military families. Whether you are a current pet owner, like Mindy and Kristen, or considering bringing a furry friend into your home, this episode provides essential guidance to ensure a rewarding pet ownership experience.
For more information about One Op, visit:
One Op
For more information about this topic and other MoneyWi$e topics, visit:
Pet Transportation Allowance for Military families
The Unique Costs of Military Pet Ownership
MoneyWi$e Newsletter
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MoneyWi$e: Saving Money on Clothing Care

Host: Mindy McCulley, MS Family and Consumer Sciences Extension Specialist for Instructional Support, University of Kentucky 
Guest: Jeanne Badgett, MS Extension Associate for Clothing, Textiles, and Household Equipment
Season 7, Episode 14
Jeanne Badgett unravels the myths surrounding clothing care to help listeners find strategies for saving money. She provides guidance on everything from keeping your equipment in sound, working order the ensure that they are working effectively to sorting your clothing by fabric type to maximize the cleaning capacity of detergents.
After a brief discussion on types of stains and the best ways to treat them, Jeanne provides tips for preventing excessive wear on your favorite garments. She also provides suggestions for repairing rather than replacing clothing and provides ideas for using second-hand and consignment retailers for additional savings. Enjoy this cleaning journey as you consider ways that you too can save money on that monthly household expense.
For more information about stain removal:
American Cleaning Institute's Stain Removal Guide
For more information about this topic and other MoneyWi$e topics, visit:
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Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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MoneyWi$e: Building an Emergency Kit on a Budget

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, University of Kentucky  
Guest: Annhall Norris, Extension Specialist for Food Safety and Preservation
Season 7, Episode 10
In this MoneyWi$e Episode, we highlight the importance of being prepared for emergencies, especially during National Preparedness Month. Joining us today is Annhall Norris, Extension Specialist for Food Safety and Food Preservation, sharing invaluable insights on how to build an emergency kit without breaking the bank.
We discuss the essential elements of an emergency kit, including the need for non-perishable foods and a reliable water supply. She offers practical tips for utilizing items you already have at home and purchasing supplies over time to ease the financial burden. She also emphasizes the importance of rotating supplies and checking expiration dates.
Additionally, Annhall provides expert advice on choosing the right containers for water storage and the benefits of having a weather radio. We also touch upon the small comforts, like including your favorite sweet treat, to lift spirits during stressful times.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
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Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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Smart Savings: College Savings Month

Host: Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky  
Guest: Kristen Jowers, MS Extension Specialist for OneOp
Kristen Jowers, Extension Specialist for OneOp, delves into strategies for to maximizing college savings as families continue to face the escalating costs of a college education.
From the staggering costs of tuition and fees to the benefits of the Kentucky Saves 529 plan, this episode provides invaluable insights for parents, grandparents, and guardians. Discover how early and consistent savings can lighten the financial burden and explore the power of compound interest and tax advantages.
Kristen shares her personal journey of applying for scholarships and offers practical advice on how students can make college more affordable. Learn about the importance of merit-based scholarships, the new FAFSA process, and strategies for responsible borrowing and repayment of student loans.
Don’t miss this comprehensive guide to navigating the financial landscape of higher education, complete with special tips for military families.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
MoneyWi$e Website
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KY Saves
KY Scholarships and Grants
StudentAid.Gov
GI Bill Benefits
Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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Protecting Your Assets with Insurance

Host:  Mindy McCulley, Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky
Guest: Dr. Nichole Huff, Extension Specialist for Family Finance and Resource Management
Season 7, Episode 1
Insurance is an expense we simply must cannot afford to go without. When we fail to protect our health, homes, or automobiles we are not only gambling with our assets but with the financial security of our family.
In this episode, we explore the indispensable types of insurance that safeguard our financial future. From automobile to homeowners or renters, and health insurance, Dr. Nichole Huff provides essential insights and practical advice on ensuring you have the right coverage. Discover the mandatory insurance requirements in Kentucky, understand the nuances of home and renters insurance, and unravel the complexities of health insurance terminology.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
MoneyWi$e Website
MoneyWi$e Facebook Page
Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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How Consumer Protection Agencies Safeguard Our Daily Lives

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky
Guest: Kelly May, Senior Extension Associate for Family Finance and Resource Management
Season 6, Episode 47
This captivating conversation with Kelly May, Senior Extension Associate for Family Finance and Resource Management, unravels the crucial roles of three major consumer protection agencies: the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau (CFPB), and the Food and Drug Administration (FDA).
Discover how the FTC ensures fair competition and protects consumers from misleading advertising and scams. Learn about the CFPB's mission to oversee financial institutions and safeguard consumers from deceptive practices in the financial realm. Finally, explore the FDA's vital work in ensuring the safety and effectiveness of our food and medical products.
This episode is a must-listen for anyone curious about how these agencies work tirelessly to protect our rights and interests, making our daily transactions safer and more transparent. Tune in to understand the intricate mechanisms that keep us secure in the marketplace and beyond.
For more information about this topic and other MoneyWi$e topics, visit:
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Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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Understanding Retirement Plans and Preparing for a Secure Future

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky
Guest: Kelly May, Senior Extension Associate for Family Finance and Resource Management
Season 6, Episode 43
If you find the term 'Investing' to be daunting, this episode of Talking FACS might help you reframe the concept. We discuss the topic of investing in oneself by understanding and planning for retirement.
Listeners will learn about different types of retirement plans, such as defined benefit and defined-contribution plans, and understand how to compare them when changing jobs. We discuss why planning for retirement is essential and what aspects, like health and long-term goals, to consider when planning.
For more information about this topic and other MoneyWi$e topics, visit:
MoneyWi$e Newsletter
MoneyWi$e Website
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Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
Kentucky Extension Offices
UK FCS Extension
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Major Appliance Purchases

Host: Mindy McCulley, MS Family and Consumer Sciences Extension Specialist for Instructional Support, University of Kentucky 
Guest: Jeanne Badgett, MS Extension Associate for Clothing, Textiles, and Household Equipment
Season 6, Episode 38
From understanding the principles of "need vs. want" and the importance of budgeting, to the art of comparison shopping and recognizing true value beyond brand names and prices, we equip you with the tools to make an informed choice while shopping for major household appliances. We dissect the differences in purchasing in cities and rural areas, and highlights the benefits of buying local and the potential deals at small retailers. Using these tips, not only will you be ready to shop in-store, but also to navigate the world of online shopping!
We also discuss and demystify often overlooked aspects of cost, such as the long-term operation and maintenance charges, hidden fees like delivery and installation, and even potential savings opportunities through tax write-offs when donating older equipment. The podcast ends with an insightful discussion on extended warranties to ensure you understand their true value and other warranty options that might already be available to you.
 
Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS.
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