1. Show Me the Money: Family Engagement in Family Financial Literacy
Presenters:
Sofia Baucom & Olivia Orraca-Stone
East Coast Migrant Head Start Project

2. Learning Outcomes:
Identify your program’s family financial literacy needs, and evaluate existing family supports.
Develop and action plan to integrate family engagement in Family Financial Literacy services.
Devise parent training strategies integrating interactive Literacy Activities and Family Goals.

3. Head Start Program Sec. 648 Technical Assistance and Training
… parent involvement and services designed to increase family literacy and improve parenting skills; and …; (vii) … job skills, and adult and family literacy, including financial literacy,…
Sec. 637 Definitions
(4) The term "family literacy services" means services that are of sufficient … training that leads to economic self-sufficiency and financial literacy.…
Community partnerships and coordination with other early childhood and education programs.
… adult or family literacy, adult education, and post-secondary education institutions, and agencies or financial institutions that provide asset-building education, products and services to enhance family financial stability and savings; …
(e)(3)
(e)(4)(i) & (ii)
(e)(5)
(f)(2)(i), (ii) & (iii)
(b)(2)
(e)(1)

4. What data says…
Nearly half (44%) of all households in major American cities are financially vulnerable—without assets or adequate savings to cover basic expenses for even three months in the event of an emergency, such as a job loss or health crisis. The inability to bounce back from financial pitfalls is not only a detriment to families but also to the economic growth of the cities in which they live.

5. In a scale of 1 to 10, how well do you manage your money?

6. What is Family Engagement? How does it look when a family is engaged?

7. National Standards for Family Engagement
Welcoming all families into the school community (active participants; feel welcome and valued)
Communicating effectively (two-way, meaningful communication)
Supporting student success (collaboration to support students’ learning and healthy development both at school and at home)
Speaking up for every child (families empowered to be advocates for our children)
Sharing power (equal partners in decisions that affect children & families)
Collaborating with the community (collaborate to connect students, families, and staff to expand opportunities and community services)

8. Family Engagement in Family Financial Literacy
Make it fun!
Create a way for families to share their experiences with others
Invite community agencies to provide financial workshops
Promote the financial literacy message throughout your center
Consider the family culture and language

9. The Importance of Family Engagement
Family engagement in education is related to a range of benefits for students, including improved school readiness, higher student achievement, better social skills and behavior, and increased likelihood of high school graduation. The strongest research evidence indicates that parental beliefs, attitudes, values, and childrearing practices, as well as homeschool communication, are linked to student success.
(Harvard Family Research Project)

10. What is Financial Literacy?
The ability to use knowledge and skills to manage one's financial resources effectively for lifetime financial security. Financial literacy provides families with skills to set goals for using financial resources, make plans, and use the plans to meet financial demands.

11. Let’s identify family financial needs and family supports
Family Needs Assessment: Family Engagement Outcomes
As you conduct the assessment practice active listening
Parent Survey for Family Financial Literacy needs

12. Family Financial Literacy Action Plan
Needs to be in writing
Make a plan and work with someone
Have a long term vision to be debt free
Learn to live on less
Stop going into more debt
Give to others
Teach it to your children
The home school Magazine.com

13. Planning for Family Engagement in Family Financial Literacy
Questions to consider?
How do I know what to include in the family financial literacy program?
Can I develop the lesson with the families?
How can I support the families teaching these lessons to their children?
How will I know if working?
Family Partnership building process
Fatherhood Initiative
Family Literacy Event
Home Visits
Adult Education
Home Learning Activities
And…

14. LET’S LOOK AT THE MATERIALS FOR FAMILY FINANCIAL LITERACY!

17. Actividad en grupo…

18. Family Financial Literacy implementation results
Parent found the financial materials interesting
Easy to use and inexpensive to replicate
Some lessons were included in the classroom lesson plans
Staff wants more materials in financial literacy

19. THANK YOU!