Education for teens and adults of all ages. Increasing the knowledge & skills needed to understand personal finance.
What is FLIP?
- FLIP is the acronym for Financial Literacy in Progress.
- The FLIP program helps to improve your financial well-being.
- The program consists of a series of four one-hour lessons that are taught in a group setting.
- Classes are hosted throughout the year at the local Extension office. Contact the office to find out when the next group will start.
- We will come to you! Alabama Extension personnel will come to your class or community facility to deliver lessons or program series.
The average credit card debt in Alabama is $7,105 compared to the national average of $5,700.1
FLIP lessons teach how to:
- Implement a rational approach to buying
- Recognize actions or behaviors that lead to debt
- Develop a spending plan/budget
- Build and maintain good credit
- Apply strategies to manage and reduce debt
- Avoid financial fraud and scams
40% of Alabama residents have debt that is near collections status.2
Who can request a FLIP series?
Flip classes can be requested by:
- High school teachers
- Community groups
- Community centers
- Faith-based groups
- Other interested individuals
Contact a FLIP representative*
State Office – Alabama A&M University
Jefferson County Extension Office
Madison County – Family Life Center
Marshall County Extension Office
Mobile County Extension Office
Montgomery County Extension Office
*Alabama Extension serves all 67 Alabama counties. If your county isn’t listed, contact the nearest county listed or the State Office at the top of the list.
PowerPay: FLIP uses PowerPay, an online debt elimination program developed by Utah State University Cooperative Extension. www.powerpay.org
1 Business Insider. (2018, August 9). The average credit card debt in every state, ranked. Retrieved from https://www.businessinsider.com/average-credit-card-debt-in-every-state-ranked-2018-8.
2 Urban Institute. (2014, July 29). 1 in 3 Americans with a credit file has debt reported in collections. Retrieved from https://www.urban.org/1-3-americans-credit-file-has-debt-reported-collections.