Controlling Spending and Teaching Children Coping Skills Nancy M. Porter, Ph.D.

1. Controlling Spending and Teaching Children Coping Skills Nancy M. Porter, Ph.D. Deborah J. Thomason, Ed.D.

2. Review • Focusing on financial situation in 2009 • Tracking spending • Determining net worth • Controlling spending

3. Resources • TCCT publication: Controlling Spending • Ways to Save in 2009 lists • 66 Ways to Save Money

4. Behavior Change Activities • Small Steps to Health and Wealth™ • Step Down Principle • Convert Consumption into Wealth http://njaes.rutgers.edu/sshw/

5. Family Communication • Define • Examples • Benefits • Obstacles

6. L.O.V.E LISTEN

7. L.O.V.E OBSERVE

8. L.O.V.E VALUE

9. L.O.V.E EXPRESS

10. L.O.V.E • Children • Spouse/Family • Co-workers • Neighbors/Strangers

11. L.O.V.E LISTEN OBSERVE VALUE EXPRESS

12. L.O.V.E

13. Coping With the Family Stress in Challenging Economic Times Nancy M. Porter, Ph.D. Deborah J. Thomason, Ed.D.