What is Moneytalk’s Identification?
How did Moneytalk get started?
In June 2009, Teresa McGarry, our founder and executive director, completed financial counselor training through the Lampo Group owned by Dave Ramsey.
While leading a Financial Peace University (FPU) program, on of the attendees expressed a desire to start a prison ministry. He wanted his nonprofit to be a continuum of care extending 6 months before and after release. By providing this care, he would help reduce an individuals likelihood of returning to jail (recidivism) by committing additional crimes. The programs he wanted to include were FPU (lead by Teresa McGarry, our founder and executive director), Celebrate Recovery (hurts, habits and addictions), Prepare and Enrich (stress and coping skills), and Offender Workforce Development (career employment, not just a “right now” job).
In Feb 2012, we me with re-entry coordinators at Lansing Correctional Facility. While they were not interested in his idea, they wanted to talk with Teresa about the financial education. She expressed how most of the inmates have not completed high school; struggle to read, write, and do math; have never had a job; and have never had a bank account. They had searched for over 3 years and had not been able to find an organization that would come to them and teach basic financial life-skills. Their volunteers took bits and pieces from both Moneysmart KC and FPU (which are both too high level for their clients), simplified them, and taught the inmates.
Teresa developed Moneytalk’s programming. The initial workshops were taught at various correctional facilities. We received our tax id July 2013 and our nonprofit, tax exempt status June 2014. Majority of workshops are now taught in the community.
Does Moneytalk work with youth?
Yes. We have taught many workshops in area high schools, one middle school, and one alternative learning high school.
Our activities are currently best suited for high school and middle school students. But, can be adapted for any age.
Workshops in area schools are hosted at no cost to the school. Our costs are covered by donated printed materials, volunteers doing preparation tasks, and cash donations from individuals and corporate sponsors.
Does Moneytalk work with other non-profits?
Yes. We work with other nonprofits to enhance the services they provide.
The first workshop is no cost to the non-profit. Additional workshops are assessed a fee to help cover our costs.
What if I want to work with someone one-on-one?
You can work with someone one-on-one. We call this Financial Coaching. You will work with a financial coach, who is supported by a financial coaching team.
Complete the coaching self-assessment to learn your readiness for coaching.
If you feel you are ready, complete the new coaching client information form. You will then be contacted about scheduling your first coaching session.
There is a monthly cost associated with the coaching process. There are also need-based and volunteer scholarships available. Your coaching payments will be reported to the credit reporting agency in order to help provide current, positive (assuming payments are made on time) history and improving your score.
Do all volunteers need an application and background check?
No. If you are volunteering to help at a fundraising event or promotional event, found on the Event Help page, you do not need to go through any special process to volunteer.
If you would like to be a volunteer helping within the nonprofit organization, either behind the scenes or in the classroom, you will need to complete the volunteer application, references will be checked, a background check will be completed, and an interview will be conducted. The volunteers helping behind the scenes are included in this process as they may be in the building when clients are present. Volunteers in the classroom, whether they are running the workshop or coaching session or not, will be in direct contact with students and therefore are included. These opportunities can be found on the Volunteer page.
Do you want a “Closer Look” at Moneytalk and the workshops?
When individuals or businesses have considered volunteering or supporting but are hesitant, we usually hear something like one of the following:
A demo workshop has been put together as a response to these concerns.
Closer Look Demo workshop sign-ups