1. Wi$eUp Financial Planning for Generations X and Y Success Metrics Nancy L. Granovsky, CFP ® Professor & Extension Family Economics Specialist Texas AgriLife Extension Service, The Texas A&M System ASEC Fall Partners Meeting Washington, DC October 22, 2008

2. What is Wi$eUp? A financial education program for Gen X and Y women developed by the U.S. Department of Labor – Women’s Bureau. Texas AgriLife Extension of The Texas A&M System developed the curriculum, maintains the website and provides national program management.

3. Wi$eUp’s Program Components Handbook, workshop series, web course –www.wiseupwomen.orgwww.wiseupwomen.org Mentor access – Q&A’s Bi-monthly national teleconference National partners: AICPA and FPA Regional/local service providers/replicators Challenges of measurement

4. DoL-WB Metrics Strategic Goal: Improve the Status of Working Women –Outcome Goal: Better Earnings Performance Goal: Increase Women’s Financial Security Output Measures: number of participants, with annual increases. –>5,000 in national pilot –Reaching diverse audience: 59% non-Anglo (a per FY08 3MPA results)

5. Reduce Debt Intermediate Measures: % of participants who say they will reduce debt. Outcome Measures: % of participants who reduce debt.

6. Credit Actions Taken (n=110, FY08) Calculated debt-to-income ratio. (on pre-assessment – only 21.2% knew their ratio) 49% Reduced debt since taking Wi$eUp. 46% Now making as large a payment as possible on credit card bills. 55% Now tracking credit card purchases. 50%

7. Increase Savings/Investments Intermediate Measures: % of participants who say they will increase their savings/investments. Outcome Measures: % of participants who do increase their savings/investments.

8. Savings – Actions Taken (n=110, FY08) I now “pay myself first”52% I am saving at least 10% of my income 40% I have started an emergency fund (3-6 mo living expenses) and have made 2 or more deposits to it 40%

9. Savings – Actions Taken (n=110, FY08) I am now saving money to pay cash for one or more “big ticket” items instead of charging them to my credit card. 55% I have started to save for a down payment on a house. 17% I have started to save for a college education for me or someone in my family. 29%

10. Would you recommend Wi$eUp to others? 104 (94.55%) — Yes 4 (3.64%) — No 2 (1.81%) — No response (n=110, FY08)