Tagged With "Financial Mindset"
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Your Leadership & Culture
These days we don't have to look far for articles on how to positively affect workplace culture. The founder of Southwest Airlines, Herb Kelleher, was once asked by an employee if they could serve sandwiches on their flights. He responded by asking if that would help them become THE low-cost airlines in the industry? It didn't so they don't! Every great leader believes their leadership can make a difference in their organization & helps keep everyone focused on their vision of what that...
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TRUST
Funny thing about trust...we have to give it away to get it. Every day we're awarding or taking away our trust. When you think about it, the same people who were NOT trusted 20 years ago still don't have our trust. The people we trusted 20 years ago still have our trust. So, there's enough trust to go around. The goal should be to intelligently give & refuse trust to the trustworthy & be vulnerable enough to provide our own behavioral evidence we're trustworthy. Here are some...
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Practicing Connection in a Complex World: Collaboration
In this episode of the Practicing Connection in a Complex World podcast, hosts Jessica Beckendorf and Bob Bertsch explore different perspectives on collaboration. Is there a mindset that leads to collaboration? How can we encourage collaborations that create something new? What makes for a good collaboration? You can stay in touch with us and connect with our Practicing Connection community by subscribing to our email list. Subscribe now. Practicing Connection in a Complex World Podcast You...
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WORRYING...
Worrying is a habit. Do you have it? First, check out " Getting to the bottom of your worrying-and how to let it go " by Gordana Biernat for some great insights! We all have dreams, aspirations & goals. It's healthy to be in a growth mindset but not at the expense of getting meaningful things done today. Making zero progress toward your preferred vision of the future is demotivating. Focus on the task at hand, like the mantra of former NFL head coach Marty Schottenheimer. The main thing...
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High Performing Culture?
You don't have to look very hard these days to stumble on an article, video or interview about workplace culture. Here are a couple lists from Charlie Kim's company NextJump where employees (among many things) won't be fired ...they'll be coached . How are things going where you are? Top 12 Signals of LOW vs HIGH performing cultures LOW SIGNALS 1. Entitlement 2. Victim Mindset (everything is impossible, why bother?) 3. Death by 1,000 paper cuts (little things go wrong all the time) 4. No...
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Practicing Connection in a Complex World: Working Out Loud
In this episode , hosts Jessica Beckendorf and Bob Bertsch explore john Stepper’s Working Out Loud framework in the context of building relationships for resilience. Jessica and Bob discuss five elements of Working Out Loud: purposeful discovery, relationships, generosity, visible work, and growth mindset. Subscribe on Apple Podcasts (iTunes), Google Podcasts , or Stitcher , or you can listen on our website .
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Integrating Perspectives
Anna McGrath from Godfrey Dadich Partners is one of the most enlightened people I've ever met. She's cool & wise which is a rare combo! Had the pleasure of attending a workshop she did called " Integrating Opposite Perspectives "...here are my notes from our time together... How can you ensure everyone is working towards a common goal when they all seem to be coming from so many different points of reference? Diverse ideas & perspectives can be a source of strength in your...
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Role Model Mindset
We all endure difficulties in life. The thing we can lose sight of is that people are watching. People are being influenced by the way we show up to deal with challenges. They're curious about...How we stay centered? How we keep perspective? Do we remain kind to others on the journey? Adopting a role model mindset changes our behaviors because we want to be proud of how we got through the difficulties. This requires intention of how we want deal with the chaos. Are we getting better or just...
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Practicing Reflection
If your year started like mine, it left you reeling from a packed schedule and more on your plate than you thought you had. I came into 2021 with a peaceful mindset, having just taken the bulk of two weeks off, but somehow still felt a little blindsided when my first day back at work came around. I decided I needed to do something before I allowed my year to continue down this path. So this past weekend, I spent some time reflecting and planning and now I feel even more ready for whatever...
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Culture puzzle
"Culture" has become such a buzz word surrounding the workplace. People expect to see something on the company's website about it. They ask current employees about it. They ask about it in interviews. The fact is, it's a big deal. It might be THE big deal of any organization. What we've learned about it is that it's much more than flexible work hours & bean bag chairs in the breakroom. It's about " the way we do things around here". The way this is answered can be profoundly revealing.
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Extension in the 21st Century: A Conversation with Chuck Hibberd
Dr. Chuck Hibberd. Image Credit: University of Nebraska-Lincoln Charles "Chuck" Hibberd is an emeritus professor of the University of Nebraska, where he held several academic positions, including Dean of Cooperative Extension. His email tagline reads "Chuck Hibberd, retired Extensi on Director (but not done yet)." He directed the University's Panhandle Research and Extension Center for 13 years. Chuck also served as Extension director, associate dean of agriculture, and assistant vice...
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Bob wasn't my boss, but...
Received this in my email today from one of my mentors... Only knew Bob for a short few years, but the statements below are the way he lived his life. I am grateful he was able to influence me. He never lectured. He led by example. His example to be a better person. I miss him in my life. He was kind and generous. A man full of grace. "When you help others, your life starts to have meaning and purpose. Real joy comes not from material possessions but from people. When we give our hearts in...
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Give Your Clients a Financial Checkup
A financial check-up is as important as an annual physical with a doctor. Like a medical exam, a review of someone’s personal finances can identify steps to improve “financial fitness” and screen for potential problems.
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Thoughts from a former NFL coach
During my short college coaching time, had the pleasure of attending a clinic where some successful coaches shared their X’s & O’s & overall philosophies. Knowing why, how & what gets these guys out of bed in the morning is powerful knowledge. One of the speakers was Marty Schottenheimer; his passion for coaching resonated with all of us. An awesome opportunity to hear from a great NFL coach & man. Here are some of his thoughts... He is perhaps most famous for his pre-game...
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A One Hour End-of-Year Financial Checkup
Like a medical exam, a review of clients’ finances can identify strategies to improve their “financial fitness” and screen for potential problems, such as a high debt-to-income ratio. This article features 10 diagnostic tools to assess the strengths and weaknesses of a client’s financial situation that can be reviewed in a one-hour appointment.
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Re: UBUNTU lives!
Thanks for sharing! How do we spread this mindset in our community, organization, world? We have work to do!
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University of Maryland Extension (UME) is Accepting Applications for TWO Financial Wellness Educator Positions!
Hello colleagues! Please take a moment to consider these exciting opportunities, and feel free to share them with others! University of Maryland Extension ( UME ) is seeking to fill two (2) Family and Consumer Sciences (FCS) Financial Wellness Educator positions , with one position at each of the following county Extension office locations: Calvert County (Position 103388) - This Office is located in Prince Frederick, Maryland, and provides programming to the Southern Maryland Cluster, which...
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Leadership Priorities
"The challenge of leadership is to be strong, but not rude; be kind, but not weak; be bold, but not bully; be thoughtful, but not lazy; be humble, but not timid; be proud, but not arrogant; have humor, but without folly." -Jim Rohn Strong Not Rude “Confidence is contagious. So is lack of confidence.” -Vince Lombardi Our strength is shown in relationships with others. Leadership is about effective relationships. It's about honoring people over process to unlock everyone's strengths! Kind Not...
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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...
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Understanding the Financial Literacy Divide
Since Extension educators work with individuals and families from a broad array of racial and ethnic backgrounds, ages, genders, income levels, and educational levels, it is important to understand the impact that financial literacy disparities may have on those they are serving.
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We're Hiring! Impact Collaborative Program Coordinator
The Extension Foundation is seeking an individual to join our team as the Impact Collaborative Program Coordinator. This full-time position includes leading all functions of the Extension Foundation’s Impact Collaborative program. The Impact Collaborative Program Coordinator will work closely with the Extension Foundation Design Strategist and Extension Foundation Leadership Development Specialist to design, implement and assess successful offerings, including fostering the ongoing...
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Re: Understanding the Financial Literacy Divide
Eye-opening study, thank you for sharing. What is the best source of material for teaching each of the 8 categories measured if one wishes to tailor an educational program to address these points? According to the study the areas are: Earning—determinants of wages and take-home pay. Consuming—budgets and managing spending. Saving—factors that maximize accumulations. Investing—investment types, risk and return. Borrowing/managing debt—relationship between loan features and repayments.
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Re: Understanding the Financial Literacy Divide
Good morning, John. Great question. I am sure there are a lot of resources available that would cater to each one of these areas in depth, but there are a few resources that I personally have experience with that I think would be a good place to start, depending on your needs. Free resources: For those working with military families, the Department of Defense Office of Financial Readiness and OneOp Personal Finance are both a wealth of research-based information. University of Florida/IFAS...
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Shifting Your Mindset from a Deficit Ideology
In the second MFRA course, “Family Service Providers: Recognizing and Responding to Inequities”, Dr. Alison De Marco introduces the deficit ideology framework and provides ways to move beyond this mindset.
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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:
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Here’s the best stuff I heard from the NTAE Showcase...by Catalyst Dr. Scott Reed
On September 22nd, a "showcase" for NTAE year three projects was held to recognize their outstanding work over the past year. The NTAE teams presented an overview of their project f or past and current NTAE teams, Directors & Admin, NTAE grant support staff, Extension Foundation staff, and others. Following the presentation, the Extension Foundation Catalyst Scott Reed sent teams observations from the project showcase and words of inspiration. After hearing from all the project teams Dr.
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It's time again...
It's time again to talk about time. It's time for a reminder that time isn't a renewable resource. My absolute favorite simple time management tool is this: Don't touch anything twice. When you read that email/text, deal with it then, don't wait. When you take the clothes out of the dryer, fold them, and put them away. You get the point. If you were to add up all the time you take to think about and take action on things you've already touched it would be a bit depressing. Like most of these...
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Six Tips for Building Wealth
Extension Educators can change their clients’ lives dramatically by sharing information and tools to build wealth. One of the most valuable financial resources is time for compound interest to work its magic on regular savings deposits such as Roth IRA contributions.
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Practicing Gratitude and Building Better Thoughts
For service providers and clients alike, life is a winding road of good things here and bad things there. Actively working toward wiring your brain to acknowledge the good and appreciating those good things can help individuals shape personal strengths and build protections. Creating protective factors which can help cultivate positive mental health and generate an asset-based outlook that reaches all aspects of life. November is National Gratitude Month Gratitude is the practice of being...
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Some things I think I think...
The great sports broadcaster Dan Patrick used to host a podcast with the title "Things I think I think". During a presentation to our team, we were reminded of his show and it sparked my own thinking about what I think I think. Here are a few to ponder... Curiosity over Certainty When we remain curious we're open. We have a growth mindset. We see challenges as opportunities. While we can have aspects of our lives we're certain about, like our core values, in daily interactions it often leads...
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Not a leader?
Do you consider yourself a leader? What about a global leader? Usually when this question is asked only a few people respond positively to the first question and almost everyone says "no" to the second question. Why? Perhaps they are hesitant to respond positively because "leader" isn't part of their title, position, or rank. Then when the question escalates they're definitely out. John Maxwell defines leadership as influence. If we use his definition (which I totally dig) then we're all...
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Flip Your Script
Oh, the things we tell ourselves. Sounds a bit like Dr. Seuss; sadly it's not. You have to wait until the end of the post for some of his wisdom! We're talking about how our personal narratives become aspects of things we believe about who we are. Here's one that's been in my arsenal forever: "I'm horrible at math." Big deal you say. Maybe you're not good at math. You have other things you're good at. What's the problem? Telling myself this has made an agreement that has limited my openness...
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Leadership ABC's
A = Attitude One of 2 things within your control; attitude and effort! Attitude is everything, pick a good one. B = Brave When you believe strongly in something or perhaps it scares you a bit, let your courage shine through. Be brave enough to go first and model the way. C = Character This is your behavior when nobody is watching. You won't always have the training and education for the situations you find yourself in. Your strong character will get you through. D = Dependable You do what...
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Run from it OR Learn from it
We can't change the past. What happened to us and who we used to be cannot be altered. When we run from it and wish things turned out differently we keep ourselves trapped in the past. It all happened. It will not ever have not happened. Some things happened to us while others happened because of us. Fill those two buckets and accept them. Learn from them. Grow into a better person from them. Your mindset is the key. Are you getting through or getting better? Each day has micro opportunities...
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Re: A ChatGPT Primer for Financial Educators
Hi @Kristen Jowers you can also promote this training in the subgroup- https://connect.extension.org/...-extension-education This is a place for Extension professionals to discuss technology use in their work and right now there is an emphasis in the subgroup to discuss and share best practices, tips and resources on using AI in Extension work!
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Re: A ChatGPT Primer for Financial Educators
@MelaniePugsley thanks, got it posted to the subgroup!
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Beliefs on the Leadership Journey
Getting clear with ourselves about our beliefs helps connect us to our core values. They will shift over our lives so it's a constant journey of discovery. Here are some things to ponder as you check in on your journey. Your Leadership Philosophy Defining what the huge topic of leadership is to you is of utmost importance. It helps us get clear on our approach, communicate it to others, and measure how we're doing every day. Here's mine right now... It's realizing it's not about me &...
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Extension Foundation Position Announcement: Chief Executive Officer
Extension Foundation Chief Executive Officer Position Description Title: Chief Executive Officer (CEO) Time: Full-time Overall Role: Executive leader and manager of the Extension Foundation and Executive Officer of the Extension Foundation Board of Directors Salary: Commensurate with education and experience The Extension Foundation (EXF) is a member-based, nonprofit 501(c)3, created to support Cooperative Extension and its strategic partners. The primary purpose of the EXF is to generate...
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2 Questions...
How do you know it's time to do leadership development? The short answer is it's always time. Developing our leadership is a journey, not a destination. Improving our self-awareness and becoming truly effective takes consistent focus. Here are some clues to watch for on your journey to help stay focused: If you're feeling like some honest and respectful feedback it might be time for leadership development! Feedback is the breakfast of champions. Getting meaningful information from trusted...
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Toxic Leadership
What is toxic leadership? Using coercive, controlling, or manipulative tactics prioritizes personal gain over meaningful goals undermining collaborative achievements. When our actions hurt those we are charged with caring for, it can damage relationships and the whole organization. Common Characteristics Micromanagement Excessive control and monitoring of others leave little space for autonomy or independence. It inhibits creativity and imagination. Intimidation Using threats, humiliation,...
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Strategies to “Liven Up” Financial Education Classes
Extension educators are always looking for ways to increase participation and engagement in their financial education classes. Here are a dozen interactive teaching methods to consider: Case Study Analyses, Current Events, Financial Calculator Debriefs, Gallery Walks, Documentary Debriefs, Guest Speakers, and more!
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A ChatGPT Primer for Financial Educators
Since launching in November 2022, ChatGPT has become the fastest technology tool to reach 100 million users…ever. Some are calling it “the next transformational platform.” Extension Educators may field questions about ChatGPT or consider its use in their work. Below are five key things to know about this ground-breaking artificial intelligence (AI) tool: ChatGPT Description - ChatGPT is “a very smart text-based robot” that can answer questions and have conversations with users. GPT stands...
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Ten Tips for Military Families to Survive a “Financial Tornado”
U.S. consumers haven’t just experienced a “perfect storm” of financial challenges…they have experienced a “perfect tornado!” Challenging financial events include sustained high inflation (and increased costs for food, utilities, rent, gas, insurance, housing, etc.), recession fears, increased interest rates, bank failures and government bank take-overs, volatile stock prices, lower savings rates, and increasing household debt. Extension professionals routinely answer questions from clients...
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Holiday Shopping with a Financial Mind$et
As we approach the Christmas season, be mindful of excessive holiday spending. While Christmas is the season of giving, excessive spending can lead to much regret, depression, and even added financial struggles in the new year. According to Berden and Haws (2012), spending can quickly get out of hand when it is driven by emotions rather than a plan. Have you ever gone to the store to grab a few items, but as you stroll next to the; buy one get one free, the rollbacks, the manager's special,...
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Re: Holiday Shopping with a Financial Mind$et
Something to think about Troy! The holidays can really put you in that festive mode, that you totally forget to check your account and realize that you are spending way too much money. Half the things that we give as gifts never get used. I believe we should definitely put a spending plan together for the holidays and stick to it.
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Re: Holiday Shopping with a Financial Mind$et
Deon, that is a great key point about gifting. But who are the people or even age groups that are really bent on reducing their budget for gifts during the holiday amid inflation pressure? There is so much room for a whole new discussion that could be taken in so many directions. I am leading a first-year college class on how price consciousness has become a defining characteristic of consumer behavior in a few weeks; let me know if you are interested in collaborating. Thanks for the insight!
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"Hot" for Change!
Imagine you're making popcorn on the stove. You heat the oil and put in the kernels. Too little heat and the kernels don't pop. Too much heat and the popcorn isn't edible because it's burned. Just the right amount of heat makes a yummy treat! Heat is the catalyst for change. It's the same for our teams and organizations. You're in the regular weekly update meeting and the boss checks in on how everyone is doing with the newly installed system-wide software. One team member speaks up and says...
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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)...
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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?