The Commercial-News, Danville, IL

June 23, 2013

U of I Extension seeks money mentors

STAFF REPORT
Commercial-News

DANVILLE — University of Illinois Extension is launching a new Money Mentor program in Vermilion County. The program is seeking volunteers to help promote healthy financial habits among their community.

Money Mentor volunteers will help others with personal finances and participate in outreach community education to increase financial capacity. Working together, this new U of I Extension program will make a difference in Vermilion County communities. Applications are now being accepted for Money Mentor volunteers.

Volunteers will work individually with people to help them organize their finances and reach their financial goals.

Kathy Sweedler, U of I Extension educator, said, “Depending on a person’s need, a Money Mentor might help someone develop a spending plan, establish a plan to deal with debt, or organize bills. The overall goal of the program is to empower people to take control of their finances by giving them the confidence and knowledge to do so.”

Volunteer mentors will receive about 25 hours of training in basic financial management, communication, and teaching skills. Following the training, mentors will provide 50 hours annually of financial mentoring and community outreach.

Anyone is welcome to apply to Money Mentor volunteer program and no previous financial education is needed. Information is available on the local Extension office website at http://web.extension.illinois.edu/cfiv/moneymentors/.

For more information, call the U of I Extension office at 442-8615. You also may e-mail Cayla Waters, Consumer Economics Program coordinator, at cmwaters@Illinois.edu.