The Money Management Program is a free service that assists low-income, older adults who have difficulty budgeting, paying routine bills, and keeping track of financial matters. All transactions are monitored by GSSSI staff, and the program is fully licensed, bonded, and insured.
The program assists with:
- Individuals whose eyesight makes it difficult to read.
- Individuals living with physical disabilities that make it difficult to write checks.
- Those who cannot perform everyday banking activities due to frailty or disability.
There are three types of Money Management volunteer opportunities:
1. Bill Payers assist by conducting monthly home visits to write help checks, pay bills, and balance the checkbook. The older adult makes all decisions and retains check-signing capacity. The volunteer completes a monthly report recording the amount and type of bills paid, and volunteers and participants are carefully screened and matched.
2. Representative Payees assist by coming into the GSSSI office every month to review the finances of clients for whom Social Security has legally appointed GSSSI as their "Rep Payee." These clients have a special account set up by GSSSI, and volunteers help pay the bills on the clients' behalf. No home visits are required for this role.
3. Volunteer Monitors review the work of the Money Management volunteers by coming into the GSSSI office monthly to check over volunteer reports and compare them to the client's bank statements and canceled checks. No home visits are required for this role.
