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Money Management

The Illinois Volunteer Money Management Demonstration Program is a protective service that assists low-income older persons who have difficulty managing their personal household budgets, paying bills, keeping track of banking records, intervening with creditors, completing medical forms, and handling other issues related to personal finances.

The program matches trained volunteers with older persons who need help with tasks such as organizing, reviewing and paying bills, setting up a budget, writing checks, balancing a checkbook, intervening with creditors and assisting with large purchases. Volunteers also serve as Representative Payees, persons designated by the Social Security Administration to manage the monthly benefits of certain beneficiaries.            

Local Program sites, contracted by the Illinois Department on Aging, recruit, select, train, match and monitor the volunteers. The Illinois Department on Aging administers the program and monitors the local Program Sites.

To be eligible to receive Money Management service, individuals must be active Community Care Program (CCP) participants or have a substantiated Adult Protective Services (APS) case; and meet program requirements.

Volunteer!  

To learn how you can become a volunteer in the Illinois Volunteer Money Management Program or for more information, contact...

SAGECents

Has the COVID-19 pandemic put your finances or the finances of someone you love under stress? Check out SAGECents, a free and secure digital wellness platform created in partnership with LifeCents and with support from Wells Fargo to assist older Illinoisans navigating the unprecedented economic environment resulting from the COVID-19 pandemic. Learn more and sign up for free here.