'A Home of My Own' Money Club West

'A Home of My Own' Money Club West

Group of young adults meet monthly for Money Club West. They learn how to manage their money more effectively.If you were to make a list of the skills needed to be successful at living independently, understanding how to manage money would be very close to the top. This important fact is what inspired Pennsylvania Assistive Technology Foundation (PATF) to create the financial education guide, Cents and Sensibility and subsequently, Money Club, a program to help young people with disabilities learn the 'ins and outs' of managing their finances.

After the success PATF had in 2015 with its initial Money Club pilot project in Narberth, Montgomery County, ACHIEVA was eager to try the program. ACHIEVA’s "A Home of My Own" program launched Money Club West, applying PATF curriculum, using Cents and Sensibility, as a guide. In order to maximize the valuable lessons contained in the book, PATF also developed a Companion Manual for Educators.

PATF Operations Director, Tracy Beckand Sue Davis, PATF Program Specialist were excited to see how ACHIEVA was making this program work for them and she took a road trip to attend Money Club West’s December 2017 meeting. Navigating plummeting temperatures and icy conditions Tracy made her way across the state Samantha shares the results of her comparison shopping activity. She plans to by an iPad to increase her independence/and reached ACHIEVA's warm and welcoming offices just as night fell. She found Kaylynn Petri, Money Club Program Coordinator, already there, with fellow supports brokers and coaches, Eric Schubert and Tom Vash, ready for their Money Clubbers to arrive.

The young adults enrolled in Money Club West have been meeting monthly since Spring 2017. They are all involved in "A Home of My Own", a program that prepares young adults with disabilities to live independently. The young adults PATF met are either living in the community with supports or preparing to do so in the future.

At every meeting, after signing in, each participant makes their monthly “deposit” into their Individual Development Account (IDA) account, which will be matched by a contribution from PATF. At the end of the program, everyone will use their savings to purchase the assistive technology (AT) of their choosing. Members are saving for such things as tablets, laptops and helpful apps and software. After making their deposit, each person talks to the group about their accomplishments over the last month. Monte talked about opening a new savings account. Evan shared that he is getting a Section 8 housing voucher. Tara explained her research on choosing a laptop.

Chris shares ideas about a recent activity with fellow Money Clubbers.PATF staff were thrilled to listen to individual members presenting to the group their results from a recent activity on comparison shopping. They talked about how they decided on what to buy and how it was going to help them to live more independently. They described exploring different prices for the AT they’ve chosen to buy, from various retailers. Samantha read her very detailed report that she had written for the group, with the help of her life coach Becca, about how she plans to use an iPad to increase her independence.

The group is currently learning about the dangers of identity theft and how to keep their personal information safe and protect their PIN when using ATM’s. Kaylynn asked everyone to email her a list of ways a person can avoid identity theft. A gift card is the prize for the person with the best answers!

PATF was so impressed by the enthusiasm and clear investment of everyone involved. Regardless of where you are when you start this journey, Money Club West is a reminder that everyone has something to learn from Cents and Sensibility, whether it's understanding financial terms, learning to make informed financial decisions or determining how to manage your money safely and wisely as you move forward towards independent living.

Curious about Cents and Sensibility? Want to learn how to manage your money so your money doesn't manage you? Check out PATF's website with financial education materials and website.