Helping people get their money sorted can be good for business and the community – and it is certainly good for families! Reducing financial stress helps people experience better relationships, less sickness (and therefore fewer days off sick) and may help people perform better at work. We also know that teaching financial literacy to parents ensures their children have a better chance of keeping their own finances under control in the future.
If you want to help the people you work with our your community to get their money sorted, we have a range of resources you can use- all of which are free, independent and impartial.
My Money is a programme gives participants the opportunity to learn life-lasting financial management skills such as:
The course is designed to help participants bring their finances under control, give more, save more, and stay out of debt. My Money programme is suitable for anyone, and provides specially designed material to help people who are on low incomes, couples, families, self-employed or preparing for retirement. My Money is designed to put one-four volunteers from a local church through a Money Coach training course over one day. This will train the volunteer(s) on how to use the resources and provide training in a community context.
Each My Money programme runs for three sessions that can be spaced out across three weeks. It is recommended that local churches run this programme as an addition to another programme whether it is a Toolbox, Welcome Baby, BeSomebody2Someone or Pathways programme. In the instance that this programme will be run independently, the recommendation is for the My Money programme to be run at least 4 times per year.
The cost of running a programme with an average of 15 participants four times a year is $3000. This cost includes professional signage, community advertising and flyers, branded uniforms for the church facilitators, course material and DVDs for all participants and a budget for refreshments.
Please note this is the cost for the first year. The second year cost and each year after that is approximately $2100, depending on the success of the programme, which will again be divided three ways. The local church contribution to maintain the programme at the rate of 15 participants four times a year is $700.
For more information on our My Money programme, click here.