Youth In Transition Toolkit

(WallPaper) #1

There are computer programs, such as Quicken, that can help you manage your
money. These programs can help you keep track of withdrawals and deposits and
create reports on your spending without going on-line.


Many banks have Automatic Teller Machines (ATMs) where you can make withdrawals
and deposits to your account.


For study beyond the curriculum presented in this module, you may find resources listed
below helpful. The following websites will take you to a money management workbook
series called “I Know Where I'm Going (But Will My Cash Keep Up?), Part One and Part
Two ”, published by the Annie E. Casey Foundation; National Endowment for Financial
Education. The books are designed to stimulate conversations between foster parents
and youth, but you can use them on your own.


Part I is a practical guide about money values, attitudes toward money, setting goals,
planning spending, and using a bank. There is a focus on using mathematics to solve
practical word problems related to budgeting. Part Two is about investing money, being
a savvy shopper, and using a credit card. It deals with personal responsibility, planning
a career, sharing with others and setting long-term aspirations. You can access the
workbooks at the following websites:


Website Part I.
http://www.aecf.org/KnowledgeCenter/Publications.aspx?pubguid={59459742-DCD3-
467F-9F35 -B50276B3D4AB} (viewed 9/10/09)


Website Part II


http: //www.aecf.org/KnowledgeCenter/Publications.aspx?pubguid{ED37AA04-5B09-
492A-8D&D-8C9A3D495F6D} ( viewed 9/10/09)


The PAYA Module 1, produced by the Massachusetts Department of Social Services,
contains general information by topic and various assessment tools and learning
exercises.


Module 1 Index

Introduction


Index


Money Management Skill Assessment 1


Example: Goal to Improve Money Management 3


Money Management and Budgeting 5


Personal Budget Examples 9

Free download pdf