Tagged With "money"
Blog Post
Let's Talk Money
University of Illinois Extension is providing a series of six free online workshops to help families learn about personal finances as well as strategies for talking about money. The workshops are held each Thursday evening beginning May 5. The one-hour sessions start at 6:30 p.m. Registration is required at go.illinois.edu/TalkMoney to receive Zoom connecting information. If a reasonable accommodation is needed to participate, contact Camaya Wallace Bechard , Extension consumer economics...
Blog Post
Mindfulness and Money | April 21 @ 2:00 PM3:00 PM CDT
Discover Wellness in 2022 with Lessons for Living presented by the University of Illinois Extension. Register here to receive a Zoom link to the webinar: go.illinois.edu/L4L Mindfulness and Money March 21, 2022 @ 2:00 PM 3:00 PM CDT Mindfulness can play an important role in our everyday decision-making. It centers on focused attention, remaining open, and practicing acceptance. In this lesson, we will discuss the relationship between mindfulness and money behaviors. We also will explore...
Blog Post
Teaching Children About Money
Financial education courses notwithstanding, children’s strongest financial influence is most likely their parents. Below are tips for Extension educators to share with parents interested in teaching their children about money:
Blog Post
Money-Saving Tips for Uncertain Times
Between a four-decade record high for inflation and rising interest rates, many Americans are being squeezed financially.
Blog Post
Emotional Spending 101
Unlike impulsive buying, emotional spending is frequently heightened by stress, grief, or moments of happiness or sadness. Regardless of these triggers, they can impact your finances negatively. For example, you shop to make yourself feel better after a bad day at work. As a result, compulsive shopping and spending stems from an impulse disorder habit that can be addictive for many. The relationship between money and happiness is now seen as complete. Aknin, Wiwad, and Hannibal (2018)...
Comment
Re: Emotional Spending 101
Do you have any suggestions for tools like graphic organizers or worksheets that help people to think about and define their values?
Comment
Re: Emotional Spending 101
Chris, I created and used a worksheet that I found effective with a college class a few weeks ago. It requires the participants to list all their values. Then, identify short-term, mid-term, and long-term goals related to their top (3) values from their list and explain how finance aligns with their specific goal. We then have an open discussion about barriers that can keep us from reaching our goals, and because life sometimes throws us a curve ball, we also address how to overcome the...
Comment
Re: Emotional Spending 101
I find that people often state their values, but then recognize a great misalignment between their habits/ actions/ behaviors and the values they thought they prioritized. The Value Clarification worksheet you shared gives a great start to recognition of potential disconnect, and can help formulate discussions or internal reflections leading to a meaningful reassessment (of behaviors and/or values) to influence goal setting and progress. Thanks for sharing!
Blog Post
Unearthing Financial Trauma
Transitioning into 2024 marked a new year. Many of us saw the new year as an opportunity to start fresh, but financial hardships and losses can have a lasting impact on our mental health. This type of impact leads to unforeseen trauma. Often, we make resolutions to hit the ground running in the new year, but old habits die hard, mainly when these habits are deeply rooted in our psyche. Let us be realistic: We all plan to go to the gym on January first; we even go shopping over the holiday...