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| The mission of the Area 9 Agency is to assist older persons and disabled individuals of all ages in leading independent, meaningful, and dignified lives in their own homes and communities for as long as possible. The agency has served residents of Fayette, Franklin, Rush, Union, and Wayne counties since 1975. | |||
Money Management Program
| Purpose | Objective | Getting Started | Income Eligibility |
| Services | Typical Client Traits | Liability | How to Contact Us |
Purpose
This program's focus is to promote independence by helping eligible people organize bill payments and financial planning.
Objective
Trained volunteers help clients put their financial affairs in order. Services are free of charge to low income individuals who have neither family nor friends to assist with their monthly financial planning.
Getting Started
1. Each client is carefully matched with a trained Money Management Program volunteer.
2. An agreement is signed by the client and the volunteer.
3. The volunteer assists in organizing the client's bills and makes sure bills are paid in a timely manner.
4. A program monitor compares monthly volunteer reports with client's bank statement and cancelled checks to ensure bills are being paid properly and correctly.
Income Eligibility
Liquid asset dollar limit: $35,000
One designated client account not to exceed $3,500 per month
Annual income:
1 person.... $22,947 or less
2 persons... $32,470 or less
Services
- Help in sorting mail, organizing bills from one designated client account
- Balance the checkbook
- Set up a monthly budget
- Assist with check-writing (all checks are signed by the client)
- Additional client needs and concerns reported to program staff
Typical Client Traits
Personal traits of Money Management Program clients are very similar. Most live alone. many have non-existent or inadequate support systems and are often disabled and/or homebound.
Clients assume responsibility for their own expenditures and only need help in organizing bills. Participants sign their own checks and approve all bill payments.
Liability
AARP insurance covers the funds the Money Management Program volunteer is designated to handle. Honest mistakes by the volunteer are covered. If misuse of funds is intentional, the Money Management Volunteer is personally liable.
How to Get More Information
If you are interested in becoming a volunteer or if you need the help this program offers, contact the Money Management Program Coordinator, Beth Evans, by phone at (765)-966-1795 or 800-458-9345 or by email at beevans@indiana.edu.