Money management is the ability to build personal wealth, obtain credit and use it responsibly, access credit reports and correct erroneous information, pay bills in an orderly way, reduce debt burden and/or manage financial resources effectively. The objective of money management programs are to help individuals and families become more financially stable and achieve long-term economic independence.
There are special tax-free college savings plans available to help set aside money for college that can grow into substantial savings. This guide is intended to help tomorrow's college students determine the best way to save money for college expenses. It highlights the advantages of various college savings plans and differences between each savings option.
ABLE Accounts are tax-advantaged savings accounts for individuals with disabilities and their families. The beneficiary of the account is the account owner, and income earned by the accounts will not be taxed. Contributions to the account made by any person (the account beneficiary, family and friends) will be made using post-taxed dollars and will not be tax deductible, although some states may allow for state income tax deductions for contribution made to an ABLE account.
The Casey Life Skills (CLS) tool is a tool for youth to build their own personal checklist of skills and strengths. It shows them what they know already and what is possible for them to learn in the future. A case worker or mentor needs to help them create a free account.
This Honoring Emancipated Youth Housing Guide provides practical advice on how to find and keep housing for transitional age and former foster youth. The guide was written by former foster youth, volunteers and community members. This guide is dedicated to housing and is a valuable resource to any young person, but especially former foster youth and disconnected transitional aged youth. This guide strives to provide guidance to youth ages 18-24 to procure safe and affordable housing.
Note: This guide was written for California youth, but was included here because of the valuable information contained within.
The FosterClub Transition Toolkit can help foster youth and the adults supporting them develop a comprehensive transition plan. This Transition Toolkit is built around ten different domains (or topics): finances + money management; job + career; life skills; identity; permanence; education; self-care + health; housing; transportation; community; culture and social life. In this Toolkit, each of these domains is shown as a line on a subway map. The “subway” map will give you a look at everything you’ll need to plan for on your way to successful life on your own. The Toolkit also provides with transition planning worksheet templates.
Centers for Independent Living (CIL) are community-based, cross-disability, non-profit organizations that are designed and operated by people with disabilities. CILs are unique in that they operate according to a strict philosophy of consumer control, wherein people with all types of disabilities directly govern and staff the organization. Centers for Independent Living Provide:
Locate Centers for Independent Living (CIL) using our mapping tool.
This webpage contains financial education resources. Topics covered: credit, taxes, retirement, saving and budgeting, debt, car buying, personal banking and security, paying for school, families and money, home buying and renting, military finances, and work and income.
The National Autism Association (NAA) - New York Metro hosts seminars and workshops throughout the year and also collaborates with other organizations in order to bring comprehensive programming on a wide range of subjects to families and professionals in the NY Metro area. Topics for events include: