Department of Agricultural and Consumer Economics
326 Mumford Hall
1301 W Gregory Dr MC-710
Urbana, IL 61801
"If it has to do with money–how to spend it, save it, invest it, insure it, or retire with it–that's what I teach about," says Karen Chan, Extension Educator in Consumer Economics. She combines her expertise as a Certified Financial Planner™ with her training as an educator to make complicated financial subjects easy to understand.
Chan offers financial workshops for a wide range of audiences. Her programs encompass basic budgeting and managing debt, retirement planning, and investing. She has trained more than 1000 social-service professionals and others working with low income audiences to assist their clientele with money management and consumer issues using the All My Money curriculum, which she co-authored.
Chan has developed numerous publications, web sites, and workshops. Many of her educational materials and programs are available on the web, including Plan Well, Retire Well: Your how-to guide (www.RetireWell.illinois.edu), Tax Breaks for Higher Education (http://urbanext.illinois.edu/taxbreaks/), and Choosing a Financial Professional (http://web.extension.illinois.edu/financialpro/).
Chan holds a master's degree in family and consumption economics from the University of Illinois at Urbana-Champaign and a bachelor's degree from Virginia Tech.
Chan received the Chancellor's Academic Professional Excellence Award in 2009. She was named the 2007 Educator of the Year by the Association for Financial Counseling and Planning Education, and received the 2003 Professional Staff Award for Excellence in Innovation and Creativity from the College of Agricultural, Consumer and Environmental Sciences, University of Illinois at Urbana-Champaign.
She is a member of the Association for Financial Counseling and Planning Education, the Financial Planning Association, and the Eastern Family Economics-Resource Management Association. She is an academic affiliate with the National Association of Personal Financial Advisors.