Bridging Fathers and Families through Financial Literacy

We’ve all seen the statistics:  Being actively involved with our children reduces problems and leads to positive outcomes. One area that often leads to a disconnection in this area is with non-custodial parents. This is (statistically) often the father.

Child support plays an important role in the finances of many families, both for the custodial parents or other family members caring for children who receive payments, and for the noncustodial parents (usually fathers) who pay child support. Both can benefit greatly from financial education and from access to asset-building tools such as Individual Development Accounts (IDAs).

Susan 2015-07-09Towards that end, OSU Extension is proud to report that they are one of three organizations selected in the state of Ohio to receive funding from the Ohio Department of Commerce. OSU Extension will use this grant funding to help non-custodial parents, especially fathers, gain access to financial education, counseling and economic empowerment opportunities, thereby helping them remain compliant with the orders of the court, but moreover remaining active in the lives of their children.

Studies have shown that non-custodial parents (especially fathers) who are actively involved in the lives of their children have a positive impact on the health, behavior, grades and delinquency of their children. Do you know someone (or an agency) who could benefit from getting involved? Please contact us. For details, call Susan Colbert at (614) 247-1983.

(Submitted by Susan Colbert, Program Director, Franklin County Expansion and Engagement)