Statewide Family Economics and Resource Management (FERM) Program Work Team

FERM is a statewide effort by Cornell Cooperative Extension to help individuals and families to adopt management behaviors which lead to more secure financial situations and affordable use of resources through education and practice, including:

  • Enhancing financial literacy skills of consumers
  • Increasing consumer awareness of energy resource choices
  • Encouraging and augmenting professional development for extension educators
  • Documenting and reporting program impact

2018 FERM Program Work Team (PWT) Members

Tom Hirschl, Cornell University,
Theresa Mayhew, Co-Chair, Columbia & Greene Counties,
Barb Henza, Co-Chair, Cortland County,
Linda Law-Saunders, Washington County,
Nancy Reigelsperger, Steuben County,
Vallie Castner, Yates County,
Maria DeLucia-Evans, Albany County,
Kenneth Earl McLaurin Jr., Tompkins County,
Jackie Spencer, Tioga County,
Susan McCormick, Orange County,
Megan Young, Orange County,
Ann Gifford, Community Stakeholder

FERM PWT Mission

The Family Economic Resource Management Program Work Team (FERM PWT) exists to provide professional development support for Cornell Cooperative Extension Educators who assist individuals and households in making informed decisions that enhance their quality of life and financial wellbeing. The work of CCE Educators strengthens decision making skills while helping consumers explore options, set goals, develop and use spending plans, implement saving strategies, and obtain information needed to make informed choices that will meet their specific situations. The PWT also assists in generating and reporting out data that documents the important impact this work has on individuals, families, and communities.


Cornell Cooperative Extension will be recognized as the leading provider of learning opportunities for individuals and households in the areas of Consumer and Money Management Education.

The Balance Sheet

Stay informed with the FERM newsletter! Produced quarterly, it contains pertinent personal financial news/information and helpful household resource management tips.

The latest version of The Balance Sheet can be found here.

Highlighted Web Resources

Financial Security for Tough Times is a series of web pages on that detail positive money management techniques which help families dealing with economic hardship.

The Consumer Financial Protection Bureau's (CFPB) mission is to make markets for consumer financial products and services work for Americans - whether they are applying for a mortgage , choosing among credit cards, or using any number of other consumer financial products. The CFPB offers consumers information and guidance, and a place where they can file formal complaints against financial service providers and products.

The Attorney General of New York State offers a wide variety of information on consumer issues such as used car buying tips, credit and debt management strategies, and things to know before signing oil and gas leases.

My Benefits offers a pre-screening tool to help New York State citizens determine if they may be eligible for certain benefits, such as food stamps.

New York Makes Work Pay provides information on entering or re-entering the workforce for persons with disabilities

The New York State Division of Consumer Protection takes consumer complaints 24 hours a day and offers information on scams, ID theft, product recalls, and more.

The Financial Literacy and Education Commission's comprehensive website is designed to teach all Americans the basics of financial education. Popular topics include planning for retirement, dealing with mortgages, and managing credit and debt.

The Federal Reserve Board's Consumer Information Page explains credit reports and scores and offers a credit card payoff calculator and other financial tools.

20 Money Lessons for Children as They Grow is a site from the President's Advisory Council on Financial Capability. This site offers a poster and suggested activities for each age group identified.

Tips for Protecting Your Privacy and Identity and Recovering From Identity Theft is a website provided by the United States Federal Trade Commission

Archived Resources

CCE-Impact: Exploring Credit/Debt Management

CCE Impact: Benefiting the Public-At-Large

CCE-Impact: Making Ends Meet

Last updated August 15, 2018