Long Term Individual Outcomes Critical Issues Addressed Change Reduced likelihood of using high-risk negative Financial strains due to life events financial practices such as overusing credit, failing to such as: military deployment, save money or planning for the future marriage, new baby, death of a spouse, divorce, college tuition, Reduce the risk of default on loans welfare assistance, new car, unemployment, natural disaster, Reduce the risk of credit card debt farm and other type of inheritance, catastrophic illness, etc. Reduce the risk of unpaid bills Re-entering workforce Oklahomans Reduce the risk of mortgage foreclosure Retirement will increase Establish an estate plan (e.g., will) their financial Housing assistance readiness for Disaster, Gambling, Debt Increase financial planning practices across the life life events cycle Predatory lending Increase skills to manage financial risk (awareness of Credit card risk existing insurance coverage and future needs) Loss of housing, Poverty Decrease the risk of identity theft Welfare dependence Community Outcomes Lack of employment after returning from duty
Long Term Change Individual Outcomes Critical Issues Addressed Oklahomans will increase their financial readiness for life events Reduced likelihood of using high-risk negative financial practices such as overusing credit, failing to save money or planning for the future Reduce the risk of default on loans Reduce the risk of credit card debt Reduce the risk of unpaid bills Reduce the risk of mortgage foreclosure Establish an estate plan (e.g., will) Increase financial planning practices across the life cycle Increase skills to manage financial risk (awareness of existing insurance coverage and future needs) Decrease the risk of identity theft Financial strains due to life events such as: military deployment, marriage, new baby, death of a spouse, divorce, college tuition, welfare assistance, new car, unemployment, natural disaster, farm and other type of inheritance, catastrophic illness, etc. Re-entering workforce Retirement Housing assistance Disaster, Gambling, Debt Predatory lending Credit card risk Loss of housing, Poverty Welfare dependence Lack of employment after returning from duty Community Outcomes