Family Financial Feuds - U of I Extension

In our season 3 opener, Kathy Sweedler, Camaya Wallace Bechard and Sasha Grabenstetter discuss what financial equity is inside of a relationship. We'll work on defining equity, as well as discuss financial abuse in an intimate partner relationship. We learn that money is messy, and that while there can be inequality in a relationship, control isn't apart of that! For this and more!

Resources:

• Call and talk to someone at National Domestic Violence Hotline, 800-799-7233

• Illinois Domestic Violence Hotline, (877) 863-6338, https://www.ilcadv.org/

• National Resource Center on Domestic Violence, nrcdv.org

Helping others:

Good resource for members outside of the relationship - https://www.thehotline.org/support-others/ways-to-support/

In this second year recap, Sasha Grabenstetter, Kathy Sweedler, and Camaya Wallace-Bechard discuss their favorite podcasts of 2020, as well as where will 2021 bring them?

You can find our educators on Twitter at:

Sasha - www.twitter.com/pennies4pigs

Kathy - www.twitter.com/morethancoupons

Camaya - www.twitter.com/savefearlessly

In this episode, Camaya Wallace Bechard, Kathy Sweedler, and Sasha Grabenstetter, discuss the financial implications of natural disasters and large financial emergencies. From their experiences growing up to now, living in Illinois. We also talk about why it's important to update your insurance on a yearly basis, keep important documents stored safely, and what to do if disaster strikes you.

Resources we discussed during the Podcast:

Emergency fund before disaster strikes

https://extension.umn.edu/how-prepare/start-emergency-fund-disaster-strikes

Disaster recovery and assistance, FEMA

https://www.disasterassistance.gov/

Preparing, recovering, and rebuilding after disasters and emergencies

https://www.consumerfinance.gov/consumer-tools/disasters-and-emergencies/#recover

In this episode, Kathy Sweedler, along with her colleagues, Sasha Grabenstetter and Camaya Wallace Bechard grip about paying bills on a monthly basis. They discuss strategies to pay bills on time, why it's hard to pay them on time. Plus, they discuss this new payment method called "instant paychecks" used by large name companies currently to pay their gig economy employees. All of this and more!

For more information about Personal Finance - www.retirewell.illinois.edu

In this episode, educators, Kathy Sweedler and Camaya Wallace-Bechard discuss the considerations for purchasing a big-ticket item or making a big financial decision. Your partner, spouse or other household members may have differing views on what's important right now, and may be feeling pressured to make big decisions quickly. Reevaluating existing plans or financial decisions is okay in times of stress or uncertainty. Just make sure if you are making a major financial decision you make it with your loved one with a clear mind as well as with all of the options available to you.

In this episode, educators, Sasha Grabenstetter, Kathy Sweedler and Camaya Wallace-Bechard take a look at way to cut or reduce expenses in 2020. They examine some of the different tools that people use to cut expenses, as well as give their best two tips on things that have helped them.

Links promised from the podcast --

AAA Your Driving Costs: https://www.aaa.com/AAA/common/AAR/files/AAA-Your-Driving-Costs.pdf

Financial Fat Cat: https://youtu.be/xUzD2LXe4mw

Debt.com Survey: https://www.debt.com/research/best-way-to-budget-2019/

For more information about the podcast hosts or University of Illinois Extension check us out at www.retirewell.illinois.edu

In this episode, Kathy Sweedler and Sasha Grabenstetter discuss the different housing options that you may be considering in June 2020. With all that has been going on in the world - you may be considering "doubling up" with family, purchasing your first home or refinancing an existing home. From the pros and cons, discussions about your housing and more.

To register for Let's Talk Money: http://go.illinois.edu/TalkMoney

A Consumer’s Guide to Mortgage Refinancing, The Federal Reserve Board, https://www.federalreserve.gov/pubs/refinancing

In this episode, educators Camaya Wallace Bechard, Kathy Sweedler and Sasha Grabenstetter talk though some of their feelings about how to cope with financial stress. From coping mechanisms, disruptions in normal routines to dealing with the stressors associated with loss, we've got it all covered.

Looking for some of our resources we mentioned?

Let's Talk Money - Webinar Series starts June 4th, 2020 - Register here: https://forms.illinois.edu/sec/9047566

Get Savvy: Grow Your Green Stuff - Student Loan Repayment 2020 -https://youtu.be/oOaKJfse0Ns

University of Illinois Extension Resources: https://extension.illinois.edu/global/resources-responding-covid-19

In this episode educators, Sasha Grabenstetter, Kathy Sweedler and Camaya Wallace Bechard, discuss why maybe tackling a financial to do list may not be the best financial decision to make right now. Though having a lot of choices or tasks can be good for some, for others it gives them too many choices and leads to paralysis. Our hosts some financial things they've been putting off, plus ways to help stop paralysis in it's tracks.

As usual, you can find us on www.retirewell.illinois.edu.

For Barry Schwartz's TEDtalk -https://youtu.be/VO6XEQIsCoM

In this episode educators, Sasha Grabenstetter, Kathy Sweedler, and Camaya Wallace Bechard are discussing values through storytelling. Help grow you children's money skills with concepts such as; goal setting, opportunity costs, savings, sharing, earning, borrowing, needs vs wants, counting, and problem solving. Hear about books with financial topics for kids ages 4 to 10 years old, plus more!

For more information go to https://www.consumerfinance.gov/moneyasyougrow

For our listener survey go to: https://go.illinois.edu/FFF_ListenerSurvey