Contact Us

Moscow

College of Agricultural & Life Sciences

Agricultural Sciences Bldg.
Phone: (208) 885-6681
Fax: (208) 885-6654
ag@uidaho.edu

Mailing Address:
College of Agricultural and Life Sciences
University of Idaho
875 Perimeter Drive MS 2331
Moscow, ID 83844-2331

Boise

College of 
Agricultural & Life Sciences
University of Idaho
322 E. Front Street
Boise, ID 83702
phone: (208) 334-2999
toll free: (866) 264-7384
fax: (208) 364-4035

www.uidaho.edu/boise
boise@uidaho.edu

Coeur d'Alene

College of 
Agricultural & Life Sciences
University of Idaho
1031 N. Academic Way, Suite 242
Coeur d'Alene, ID 83814-2277
phone: (208) 667-2588
toll free: (888) 208-2268
fax: (208) 664-1272

www.uidaho.edu/cda
cdactr@uidaho.edu

 

Idaho Falls

College of 
Agricultural & Life Sciences
University of Idaho
1776 Science Center Dr., Suite 306
Idaho Falls, Idaho  83402
phone: (208) 282-7900
fax: (208) 282-7929

www.uidaho.edu/idahofalls
ui-if@if.uidaho.edu

 

Luke and Lyle and Spokane Ag Expo

UI Extension, NW Farm Credit Services Join to Promote Youth Financial Literacy

MOSCOW, Idaho – Feb. 5, 2014: University of Idaho Extension educators have led efforts to help more than 40,000 young people learn about personal finances and credit in recent years without learning the lessons the hard way by running up debt.

Northwest Farm Credit Services recently committed $280,000 to a four-year project to help expand those efforts to four more states to improve youth financial literacy and economic prospects for rural communities.

Through innovative programs developed for the UI Extension 4-H Youth Development program, UI Extension educators Luke Erickson and Lyle Hansen give young people the chance to experiment with credit cards and budgeting. Teachers help the young people learn to become financially literate through practical, hands-on exercises that are fun, yet focus on serious messages.

Luke and Lyle and Spokane Ag ExpoYoung people learn the consequences of buying “must-have” accessories like consumer electronics and others on credit, then being responsible for interest and payments.

The programs help school teachers and others prepare students to manage their personal finances.

Erickson of Rexburg and Hansen of Jerome will present their popular program “Credit Score Millionaire” Thursday at 9 a.m. for FFA members attending this year’s Spokane Ag Expo.

“Today’s youth have a lot of challenges when you think about car costs and college costs. They’re going to be paying a lot more than their parents did,” Hansen said. “We need to help them prepare for all the costs ahead so they can be successful financially.”

The new Northwest Farm Credit Services Youth Financial Literacy Program will expand the Idaho efforts. Erickson and Hansen will develop training programs for 4-H volunteers, school teachers and Farm Credit employees in Idaho, Washington, Oregon, Montana and Alaska.

The objectives for the program will include University of Idaho Extension educators working with Northwest Farm Credit Services representatives to share current financial literacy programs and assess needs for additional education.

Next year, workshops across Idaho will be geared to Northwest FarmCredit Services employees and a multi-state conference to begin expanding the program.