Family Financial Management
Living for Today — Planning for Tomorrow
When a consumer issue arises, we disseminate information to address it through the media, fact sheets provided online or through MSU Extension Service County Offices, and in face-to-face workshops or individual assistance. If you are interested in learning more or joining us in informing and protecting consumers, contact your local Family Resource Management Area Agent.
STARKVILLE, Miss. -- Mississippians display their generous hearts through their high rate of charitable giving, but thieves sometimes take advantage of these soft spots in a variety of holiday scams.
“The Chronicle of Philanthropy” indicates Mississippians give an average of 5 percent of their annual gross incomes to charity each year. That generosity ranks them second in the country, just slightly behind Utah, in charitable giving.
STARKVILLE, Miss. -- Much attention is focused on preventing identity theft to safeguard finances, but medical identity theft can be just as devastating.
Susan Cosgrove, family resource management area agent with the Mississippi State University Extension Service in Newton County, said medical identity theft occurs when a thief steals personal information to use to obtain medical care, buy prescription drugs or commit Medicare fraud in the victim's name.
STARKVILLE, Miss. -- King Solomon wrote thousands of years ago that there is nothing new under the sun, a truth played out daily by unscrupulous people putting modern spins on the age-old practice of fraud.
The Federal Trade Commission reported 20,588 Mississippians fell victim to some type of consumer fraud in 2016. Another 2,378 were victims of identity theft.
STARKVILLE, Miss. -- Homeowners have until March 31 to file for a homestead exemption, which may help lower their annual tax bills.
Jason Camp, an instructor with the Mississippi State University Extension Service Center for Government and Community Development, said qualified homeowners may fall into one of three exemption categories, based on age, disability or veteran status. They may be eligible for a substantial tax exemption if they met these requirements on Jan. 1.
RAYMOND, Miss. -- Half of Mississippians have lower credit scores than the average American, with Jackson area residents having the second lowest average score in the U.S., according to a national credit monitoring agency.
A recent workshop and new organization, both directed by the Mississippi State University Extension Service, aim to help individuals improve their financial health through responsible credit use.