|August 7, 2014||Posted by M. P. under Education, News|
For many families, the month of August is all about shopping for and packing with their college-bound offspring, many of whom are living away from home for the first time. Parents and students are likely also discussing topics related to this exciting transition – living with roommates, choosing a major, time management, student-parent communication boundaries, and staying healthy. In all of this activity, the issue of personal financial management may be overlooked; or is assumed to be understood by the student, even though knowing what a budget is and living by one are two very different things. Some level of skill around money management is a critical aspect of living independently and should accompany every incoming freshman.
The National Foundation for Credit Counseling (NFCC), the country’s largest financial counseling nonprofit organization, released a checklist that covers the basic knowledge a young person should have in order to develop good fiscal habits. Some highlights:
- Before they leave for college, plan and document a realistic monthly budget with your child. They should be responsible for tracking their own spending (there are apps for that!) as well as recording or monitoring all bank (including prepaid debit card) transactions.
- Explain the real-life impacts of accruing credit card debt, especially on top of any student loan debt, from paying interest on a monthly basis when charges are not paid off to a poor credit report following them long after graduation.
- Discuss the risk of identity theft and its fiscal implications, particularly related to information posted on social media, sharing passwords, and security issues with the use of public computers or unsecured Wi-Fi for financial transactions.
The Personal Finance 101 checklist and other resources are available at the NFCC’s website.
|July 30, 2014||Posted by M. P. under Children and Family, Drug and Alcohol, Research|
Early alcohol and drug prevention efforts and enhanced treatment options for youth may play a key role in reducing the likelihood of future substance abuse according to a new brief from SAMHSA. The report, Age of Substance Use Initiation among Treatment Admissions Aged 18-to-30, presents data that suggest the age of first drug use is associated with need for treatment later in life; specifically, persons reporting an earlier age of initiation were 1) more likely to be admitted to treatment and 2) abuse multiple substances. In 2011, nearly three-quarters of the 18-to-30 year olds admitted for substance abuse treatment began using when under the age of 17, 34 percent between the ages of 15-17, 30 percent between the ages of 12-14, and 10 percent at age 11 and under. Of those who began using substances at age 11 or younger, 78 percent reported abusing at least two substances at the time of intake.
Other interesting takeaways from the report:
- 63 percent of treatment admissions of people 18 to 30 years old were male, and males were more likely than females to start using substances at earlier ages
- Among those reporting first drug use at 11 or younger, marijuana and alcohol were the most commonly used substances
- Among those reporting first drug use at age 25 or over, heroin and prescription pain medication were the most commonly used substances
- Nearly 39 percent of the persons admitted to treatment whom first used a substance at age 11 or younger reported a co-occurring mental disorder – the highest rate of any of the age groups
As the age of first use of drugs or alcohol increases, the number of substances abused at time of admission to addiction treatment declines. The authors also note that adolescents can grow into habitual abuse of alcohol and drugs within three years of initiation. These data indicate the need for continuous but targeted preventative interventions with elementary-to-middle-school-age students. For example, the risk factors for young children are usually related to the family, whereas adolescents may experience ongoing pressure from peers who use illegal substances, so strategies to address these factors while building up protective factors will also vary.
Information on drug prevention programs and resource guides for parents and teachers are available at the SAMHSA website.
Report Citation: Substance Abuse and Mental Health Services Administration, Center for Behavioral Health Statistics and Quality. (July 17, 2014).The TEDS Report: Age of Substance Use Initiation among Treatment Admissions Aged 18 to 30. Rockville, MD.
|July 11, 2014||Posted by M. P. under Elderly, Health, Policy, Research|
The number of senior citizens considered food insecure increased by 49 percent between 2007 and 2012 according to a study from The National Foundation to End Senior Hunger (NFESH). Using the Three Core Food Security Module to measure risk, study authors Dr. James P. Ziliak of the University of Kentucky and Dr. Craig G. Gundersen of the University of Illinois found that over 9 million American senior citizens were food insecure, and threat of hunger rates for all senior groups (ages 60 to 69, 70 to 79, and 80+) were higher in 2012 than 2007, even though the recession had ended. The majority of seniors facing threat of hunger due to food insecurity were white with incomes above the poverty line, but both African American and Hispanic seniors were at a higher risk of hunger than whites. Over one-third (35%) had at least one grandchild living with them.
The State of Senior Hunger in America 2012: An Annual Report also ranks states by senior hunger threat, with Arkansas (25.44), Louisiana (23.56), and Mississippi (22.67) having the highest rates in the nation. In 2012, Pennsylvania had a rate of 12.93, down approximately 15 percent from 2011. The NFESH has numerous reports on the threat and consequences of senior hunger at their website.
Food insecurity among seniors may be related to income, neighborhood safety and walkability, and individual physical and mental health, but regardless of the reasons why, the consequences are poor health and a deficit of needed nutrients. As the Baby Boomers age, it’s likely that we will hear more about senior hunger as a top public health issue.
Photo Credit: M. Puzzanchera (Own Work) (CC By-NC-ND 3.0)
|June 27, 2014||Posted by M. P. under Management, News, Philanthropy|
Recent high-profile hirings and movements to tweak what philanthropy “looks like” aside, new data indicate that an emerging trend in grantmaking is the decline of Black professionals within the field. The Association of Black Foundation Executives (ABFE) and members of the Black Philanthropic Network teamed up to take a deeper look at why Black professionals were leaving the philanthropic arena, where they ended up and what organizations could do to address this recent pattern.
Main findings from the report, The Exit Interview: Perceptions on Why Black Professionals leave Grant making Institutions:
- 72 percent of respondents (the majority of whom had been or currently were in a leadership position at a grantmaking organization) believed that leadership roles for Black professionals were not substantial within philanthropy
- 22 percent stated they were “pushed out” of their recent position in philanthropy
- 48 percent agreed or strongly agreed that employment outside of a philanthropic institution allowed for more on-the-ground work and contact with the community, another 32% agreed somewhat
- Over 60 percent of respondents left philanthropy for employment with a nonprofit organization
Additional study findings, perspectives from former foundation professionals, a look a regional differences in urban philanthropy (including Pittsburgh) and recommendations regarding organizational leadership, accountability and professional growth in the complete report at the ABFE website.