Master Money Mentor
The Master Money Mentor (MMM) program enables OSU Extension Family and Consumer Sciences Educators and Program Assistants to train others working with people facing financial challenges. These "others" may be professionals (such as social workers, faith based leaders, home ownership program staff, or human resources employees) or Extension volunteers. The MMM program is designed to provide relevant, meaningful information to help families making daily and long-term financial decisions. The ultimate goal is to strengthen communities with a positive economic impact. Follow this link to read an excellent research article that discusses the benefits of financial coaching:
Financial Coaching: A New Approach for Asset Building? [PDF ]
MMM is not a curriculum but a resource. The information on the web site and the CD was designed to help you tailor a program appropriate to your local needs. There are two different approaches for using the MMM Training Manual materials (bulleted below). Browse each approach for materials and activities to use at any money management program or as part of an exhibit.
MMM training for other professionals
(e.g., volunteers from agencies, organizations, work sites, or faith based organizations) who will use this information with their clientele.
MMM Overview Materials for Working with Professionals
For information to help you design a training for professionals who will use this information with their clientele.
Program Overview and Training Resources
Most of these are samples that you will need to customize for your local needs.
MMM Program Overview
To provide CEUs from the OSU College of Social Work
This is the internal link to submit documentation for CEU consideration and approval. The wording is geared more for persons interested in presenting for the College but they are always looking for new topics and persons. Complete this form [DOC ], detailed instructions are provided on it.
Evaluation
The MMM Training Manual includes an Ohio State University Institutional Review Board (IRB) approved evaluation on pages 136 and 137. This evaluation measures the impact of the MMM program on the participants who work with those professionals you have traineded. Please ask the professionals you train to track data for six months following the training. The data will be collected via the form throughout the six months and submitted six months following training.
Resources
Hands-on Activities
MMM Extension volunteer program tools
to recruit, train, and coordinate MMM volunteers who then work one-on-one with participants who enroll in your program.
MMM Extension Volunteer Program Tools
To implement an MMM Extension volunteer program or for more information about using the MMM training manual to train volunteers who are matched by OSU Extension with clientele in the community, contact:
- Marcia Brueck, Extension Information Associate, FCS, Wayne Co.: brueck.1@osu.edu or 330-264-8722
Contents:
MMM Volunteer Overview Materials
Volunteer Recruitment and Training Tools (most are samples)
Volunteer Program Overview
Program Management
Evaluation
Resources
Hands-on Activities
- MMM Training Manual [PDF
]
- MMM Overview Power Point Presentation [PPT
]
- Training marketing press release [DOC
]
- Recruitment letter [DOC
]
- Registration form [DOC
]
- Standards of Behavior Form (Standard Extension form) [PDF
]
- Extension Mission/Vision Handout [PDF
]
- Training agenda [PPT
]
- End-of-training evaluation [DOC
] – A sample evaluation, administered at the end of the training; you could also use a EEET Form
- Certificate for training completion [DOC
]
- Training Press Release sample [DOC
]
- Letterhead Template [DOC
]
- Form Template [DOC
]
- Letter with IRB approval [DOC
] - to be sent to trained professionals, along with the impact evaluation from the manual, to gather 6-month follow-up evaluation data from the clients with whom they have worked
- To provide an overview of your local data:
- Click on your state, then select your county at quickfacts.census.gov
- Federal Poverty Guidelines
- Budgeting Publications:
- Counting Your Money Calendar – VERY USEFUL!
Search by title at estore.osu-extension.org - NOTE: This is also incorporated in the MMM training manual chapters
- Counting Your Money Calendar – VERY USEFUL!
- Debt Management Publications:
- Know What You Owe forms (from In Over Your Head pages 7-9)
- Sample Letter to Creditors
- Using Power Payments to Pay Off Debt
- Online calculations at https://powerpay.org
- In Over Your Head
- Fair Debt Collection (FTC) consumer.ftc.gov/articles/0149-debt-collection
- Consumer Action Handbook – Order free copy at publications.usa.gov/USAPubs.php?PubID=5131
- USDA Food Plan (most recent) Download from: cnpp.usda.gov/USDAFoodPlansCostofFood/reports
- Earned Income Credit
- Consumer Expenditure Data. U.S. Department of Labor, Bureau of Labor Statistics at bls.gov/cex/home.htm (use with caveat as noted in Manage Your Money, Lesson 5)
- Sample Case Study - Joe Bender
- Eight Easy Financial Exercises
- To provide an overview of your local data:
- Click on Ohio, then select your county at quickfacts.census.gov
- Process Overview (flow chart)
- Participant Enrollment Cover Letter
- Participant Enrollment Form
- Meeting Guidelines
- Action Plan Goals
- Case Status Report Letter
- Sample Record Forms: Medina County | Wayne County
- Volunteer Final Report
- Program Reactions (participant)
- Local Referral Sources - agencies for assistance for food, housing, utilities, clothes, etc. (Medina County sample)
- General Poverty Guidelines
- Budgeting Publications:
- Counting Your Money Calendar – VERY USEFUL!
Search by title at estore.osu-extension.org/Counting-Your-Money-Calendar-P92.aspx - Household Recordkeeping Tips
- Some Options for Resourceful Living
- Manage Your Money Home Study
NOTE: This is also incorporated in the MMM training manual chapters - 66 Ways to Save Money from the Consumer Literacy Consortium
- Counting Your Money Calendar – VERY USEFUL!
- Debt Management Publications:
- Know What You Owe forms (from In Over Your Head pages 7-9)
- Sample Letter to Creditors
- Using Power Payments to Pay Off Debt
- Online calculations at https://powerpay.org
- In Over Your Head
- Fair Debt Collection (FTC) consumer.ftc.gov/articles/0149-debt-collection
- Consumer Action Handbook – Order free copy at usa.gov/consumer-action-handbook/order-form.shtml
- USDA Food Plan (most recent) Download from: cnpp.usda.gov/USDAFoodPlansCostofFood/reports
- Earned Income Credit
- Consumer Expenditure Data. U.S. Department of Labor, Bureau of Labor Statistics at bls.gov/cex/home.htm (use with caveat as noted in Manage Your Money, Lesson 5)
- Sample Training Assignments & Case Studies – Wayne
- Sample Case Studies – Medina
- Sample Case Study – Joe Bender
- Eight Easy Financial Exercises
- Budget cards. Pathways to Money 2000+. OSU Extension, Section 2, pp. 2-11 to 2-29
- MMM Training Manual [PDF
]
- MMM Overview Power Point Presentation [PPT
]
- Extension Volunteers as Mentors [PPT
]
- Program Brochure Template [DOC
]
- Letterhead Template [DOC
]
- Form Template [DOC
]
- Volunteer Selection Policy & Procedures [PDF
]
- Standards of Behavior Form (Standard Extension form) [PDF
]
- Liability and the Volunteer [PDF
]
- News Release (volunteer recruitment) [DOC
]
- Potential Volunteer Cover Letter [PDF
]
- Volunteer Position Description [PDF
]
- Volunteer Application Form [PDF
]
- Background Check/Application Procedures: Medina County [DOC
] | Wayne County [DOC
]
- Reference Checks: Cover letter sample [DOC
] | Reference request form sample [DOC
]
- Training Schedules: 3-session format sample [DOC
] | 2-session format sample [DOC
]
- Training Feedback Forms: Medina County [DOC
] | Wayne County [DOC
]
- Templates: Name badge [DOC
] | Business cards [DOC
] | Certificates [DOC
]
- Money Quotes Signs [DOC
]
- Certificate [DOC
]