What is OSCAR?

‘OSCAR the Pig’ is a new addition to our Student Funding family. You may have seen our lead mascot, ‘Penny the Pig’ around campus. OSCAR’s job is to get students in tune with how they are spending their cash and to initiate some ‘forward thinking’. Students will write items onto OSCAR, build OSCAR and can use OSCAR for holding cash for every day essentials such as milk, bread and butter.

Where did OSCAR come from?

Apart from being a cute pig, the ‘OSCAR’ name is an acronym for a standard set of coaching skills which stands for:

Objective
  • Identify what you want to achieve
Situation
  • Consider all possible ways of achieving your objective
Choices
  • Identify the best solution for your situation
Action
  • Create a written plan of how your choices will meet your objective

Reflect

  • Reflect on your actions within your situation to determine if you have achieved your objective or not. If necessary revise your choices and try again

 

When approaching a financial challenge, we feel that using OSCAR skills will help identify, plan, take action and analyse steps from start to finish. 

How do I get OSCAR?

Getting your hands on OSCAR is easy, just download this file then print onto white card.

 OSCAR the Pig

How do I set up OSCAR?

Once you have decided what OSCAR is for, you will have to build OSCAR. 

Let OSCAR be your guide

The OSCAR Pig template has been designed to support you consider and support the way in which you approach aspects of your personal funding or other ways of organising aspects of your life.  The following are tips and things to consider rather than a set of instructions.

 

Objective

Identify the problem or your desired goal.  Think about and discuss it, then attempt to define the issue or goal as clearly as possible.

 

If you share a flat/house with others, think about the value of a house ‘kitty’ for the basic elements, eg tea/coffee/bread milk.  Talk about what is required, how much this costs and how much it would be per week to fund.  That way, you would all contribute equally and you can name the elements of the ‘kitty’ on the pig as a reminder.

 

Situation

Brainstorm the problem, listing all possible solutions. List everything, regardless of how realistic each appears at first sight – be creative.

 

The issue is personal to you – you do not need to account for this to anyone else.  The sections of OSCAR may aid you identifying which aspects of the problem are more prevalent than others. Some solutions may be similar, so a combination of two may be easier to achieve

 

Choices

On the basis of the evaluation outcomes, identify the best solution i.e. that is the most easily executed and effective.

 

Be confident to give it a try.

 

Action &

Results

Construct a written plan, with action steps in order of execution, which will lead to the identified outcome.  Including times for each stage helps with efficiency.  Note any obstacles that concern you. If one (or more) of these appears to be so obstructive that it jeopardises the plan, consider the possibility that this itself needs to be resolved using a problem solving approach before progressing to the originally identified plan. 

 

This need not be a complex plan.  An A4 piece of paper with clear sections could be enough to get you started.  Once you have this in place, use OSCAR to reinforce your plan visually.

 

Include a review date, to enable evaluation of all actions at each step of the plan, focussing on what has been achieved. Review and revise the plan if necessary, building on your learning from the first iteration.

 

For each aspect that has been achieved, you could re-decorate that bit of the pig to show your achievements and end up with a funky art piece too.