Managing your personal finances is a skill that will serve you well at every stage of your life. Whether you're saving for a new house, trying to put your kids through college, or just working to create a little more breathing room in your monthly budget, Illinois Extension has a collection of resources that will give you tips, strategies, and insights into some of the best practices of effectively managing your money.
The Money Mentors program helps people develop and maintain important money management skills that support their financial goals. We train volunteers to provide one-on-one financial mentoring to community members and offer community outreach. Volunteers help build financial capacities in our local communities. They work with individuals who have requested help with managing their personal finances. To learn more about volunteering, visit the Money Mentors page.
Mentee Participants work with their mentors to:
- clarify your financial goals;
- identify steps towards your goals;
- receive quality educational materials, and
- benefit from your mentor, providing timely feedback as you progress towards your goals.
To become a Mentee, please register here.
Introducing youth to topics such as setting financial goals (e.g., buying concert tickets, a new gadget), saving, spending, borrowing, and protecting personal identifying information prepare them to make financial decisions that support their overall financial well-being as adults. Knowing how to create a spending plan, open a bank account, and locate funding for post-secondary education or training are skills that are valuable to students while they are in school. University of Illinois Extension Consumer Economics program aims to fill the gap that exists between financial literacy in school and the effects it has on later life.
Managing Your Finances in Tough Times
Assessing Your Financial Risk