Talking Facs

Host:  Mindy McCulley, MS Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky Guest: Nichole Huff, PhD Assistant Extension Professor for Family Finance and Resource Management Season 7, Episode 36 In this episode of MoneyWi$e on Talking FACS, host Mindy is joined by Dr. Nichole Huff, Assistant Extension Professor for Family Finance and Resource Management, to explore practical strategies for overcoming financial challenges faced by many today. Dr. Huff sheds light on the shifting dynamics of income distribution in the U.S., noting the growing difficulty in keeping pace with rising expenses despite increased income levels. The conversation delves into the fundamental budget-balancing choices: increasing income or reducing expenses, and emphasizes the practicality of cutting expenses. From analyzing discretionary spending to managing fixed costs, listeners are equipped with actionable tips to identify and implement savings. This episode highlights innov