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The Massachusetts Money Management Program was started in 1991 to help low-income older or disabled people who have difficulty budgeting, paying routine bills and keeping track of financial matters.
In 1994, funds from the Older Americans’ Act were used to provide statewide coordination of the program. There is now a network of 25 local programs covering the entire state.
Each of the ASAPs serving communities in MetroWest offers a Money Management Program. The Money Management Program is collaboratively sponsored by the Executive Office of Elder Affairs, Mass Home Care and AARP Massachusetts.
Springwell
307 Waverley Oaks Road
Suite 205
Waltham, MA 02452
617-926-4100
MetroWest communities served:
Ashland, Canton, Dedham, Dover, Foxborough, Framingham, Holliston, Hopkinton, Hudson, Marlborough, Medfield, Millis, Natick, Needham, Norfolk, Northborough, Norwood, Plainville, Sharon, Sherborn, Southborough, Sudbury, Walpole, Wayland, Wellesley, Westborough, Westwood, and Wrentham
Springwell’s Money Management Program is a financial services program that assists individuals who have difficulty managing their personal household budgets, paying bills, keeping track of banking records, intervening with creditors and handling other issues related to personal finances.
The Money Management Program offers two levels of financial assistance:
The Money Management Program at Springwell is available to older or disabled individuals with an income of less than $50,350 per individual or $57,350 per couple and whose liquid assets are equal or less than their annual income levels.
All Money Management volunteers are trained, insured, and supervised. For information about these services or to become a volunteer, call the Money Management Program Coordinator at (617) 926-4100.
Tri-Valley, Inc.
10 Mill St.
Dudley, MA 01571
1-800-286-6640
MetroWest communities served: Bellingham, Franklin, Hopedale, Medway, Mendon, Milford
Tri-Valley, Inc.’s Money Management Program, is a free service that assists low income elders who are at risk of losing their independence due to an inability to manage their own finances.
Trained, insured and supervised volunteers are matched with older adults who need help with bill paying and other routine financial tasks such as balancing the checking account, setting up a budget, writing checks and sorting mail.
Eligibility:
How To Know If Someone Needs Assistance:
For seniors or caregivers assisting seniors who do not meet the income qualifications for the free money management programs offered by their local ASAP but are in need of help organizing their finances, paid money management services are an option. Consult your local ASAP`s information and referral department for some of the options available in your area.