Saving Strategies for Non-Savers: A MFLN Web Conference

By Molly C. Herndon

To jumpstart a month of savings campaigns, Dr. Barbara O’Neill will present a 90-minute web conference on behalf of the Military Families Learning Network and America Saves on Tuesday, February 4 at 11 a.m. EST.

When finances are tight and living expenses are barely being met, saving money can seem like an unrealistic goal. In fact, more than a quarter of Americans have no emergency savings. This webinar aims to equip educators with resources and skills to help those who are not saving money reduce expenses and create a savings plan.

Savings Strategies for Non-Savers will begin with a discussion of the importance of saving money, types of savings, reasons to save and reasons why people don’t save. Dr. O’Neill will describe the process of using SMART goals to determine how much periodic saving is needed to reach a financial goal. Other topics that will be discussed include:

·         A Savings Coat of Arms activity and webinar chat discussion

    • 15 specific ways to save money
    • Ways to reduce expenses and find money to start saving
    • A discussion of online resources about saving money

SPEAKER

Dr. O’Neill,financial resource management specialist for Rutgers Cooperative Extension is the Outreach Coordinator for the Military Families Learning Network’s Personal Finance Community of Practice. She has been a professor, financial educator, and author for 35 years. She has written over 1,500 consumer newspaper articles and over 125 articles for academic journals, conference proceedings, and other professional publications.  She is a certified financial planner (CFPO), chartered retirement planning counselor (CRPCO), accredited financial counselor (AFC), certified housing counselor (CHC), and certified financial educator (CFEd). Dr. O’Neill served as president of the Association for Financial Counseling and Planning Education and is the author of two trade books, Saving on a Shoestring and Investing on a Shoestring, and co-author of Investing For Your FutureMoney Talk: A Financial Guide for Women, and Small Steps to Health and Wealth.  She earned a Ph.D. in family financial management from Virginia Tech and received over three dozen awards for professional achievements and over $900,000 in funding for financial education programs and research.

MILITARY FAMILIES LEARNING NETWORK

The Military Families Learning Network serve military family service professionals through engaged online communities which identify and make use of the highest quality, best practices, research-and evidence-based information, educational and curriculum materials, and programming activities and efforts.

Personal Finance is one of four concentration areas within the Military Families Learning Network. Each is made up of Cooperative Extension family specialists and military family service professionals from DoD, branch services, and non-governmental organizations. These online communities engage in various places, like Facebook and Twitter, and on DoD authorized social sites.

This learning network offers professional development opportunities through web conferencing [http://learn.eXtension.org] and online asynchronous learning modules serves as the hub for the online activities and engagement for the Military Families Learning Network.

IMPORTANT DETAILS FOR THE WEB CONFERENCE

Resources for the upcoming Savings Strategies for Non-Savers web conference, including the presentation slides, worksheets, and articles, are available here.

This web conference will be hosted with the Department of Defense. If you are not located on a military installation, you will need to install security certificates to access this presentation. Instructions are available here.  For those who cannot connect to the DOD host site, the presentation will be streaming on Ustream and can be viewed here: http://www.ustream.tv/channel/milfamln Additionally, Adobe apps for iPhone, IPad and Driods devices are available; search for “DCO Connect” in respective stores.

AFC-credentialed participants will be eligible to earn 1.5 continuing education credits from this presentation. Details on this process are available here. This web conference is free and requires no registration. Simply click here https://learn.extension.org/events/1426  and join the web conference as a guest at 11 a.m. EST on Feb. 4. We hope to see you all online!

 

 

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