The Pennsylvania Credit Union Foundation has provided a $10,000 grant to produce a new money management guide for people with disabilities.
The 60-page online booklet, titled Cents and Sensibility, was developed by the Pennsylvania Assistive Technology Foundation in King of Prussia, Pa. and the Widener University School of Business Administration in Chester, Pa.
“This segment of the population often gets overlooked, and this booklet will enable people with disabilities to have a better understanding of smart ways to save money without jeopardizing their government benefits,” said Joe Wambach, executive director of the Pennsylvania Credit Union Foundation in Harrisburg, Pa.
The booklet features practical advice on personal budgeting, savings, borrowing, building credit and information about assistive technology devices and services that can help people with disabilities manage and protect their finances.
“I am constantly having the same conversations with clients. They ask what credit is; they ask if they have to repay their student loans and by when,” said Susan Tachau, PATF executive director.
The money management guide also includes exercises and activities to help readers retain the information they've learned, according to the PCUF.
“We also often find that many are victims of identity theft once we look into their financial history,” Tachau said about some of PATF’s clients. “They don't know how to protect themselves.”