Adults with disabilities can now learn new money management skills.

Adults with cognitive disabilities face financial difficulties as well, but they can learn basic money management concepts to help them reach their objectives. 

People with disabilities account for 19 percent of the population in the United States, according to the National Disability Institute report "Banking Status and Financial Behaviors of Adults with Disabilities" by Nanette Goodman and Michael Morris. Many people face economic challenges related to banking status, access, sustainability, growth, and financial well-being, including the ability to afford basic necessities, according to the report. Nearly half do not have credit, and two-thirds do not set aside money for unexpected costs. Discrimination against people with disabilities is illegal in all areas of public life, according to the Americans with Disabilities Act of 1990. This includes equal access to the knowledge and skills necessary to make sound financial decisions. 

"Get Ready, Get Set, Get Going: A Guide to Money Management" was developed by Michigan State University (MSU) Extension for adults with a cognitive or developmental disability based on focus groups, interviews with mental illness service providers, and pilot testing. Concepts are explained in 12 lessons using visual prompts and hands-on practise to help participants develop skills and motivation to adopt the behaviours learned by setting personal financial wellness goals.

This financial literacy education programme is designed for community service organisation staff and volunteers who work with this demographic. When it comes to money management tools and action-oriented strategies, the curriculum aims to instil confidence and a sense of control in participants. Making good financial decisions, organising and keeping records, saving, creating and managing a spending plan, protecting your money, paying bills, understanding credit, and controlling debt are just a few of the topics covered.

Individual sections of the lessons, as well as the facilitator guide, are available for free download at www.canr.msu.edu/courses/get-ready-get-set-get-going. Each of the 12 lesson plans includes a session overview, preparation resources to help you maximise your workshop facilitation, a list of materials you'll need, and detailed presenter notes to help you along the way. The lessons include a variety of handouts and appendices to supplement the facilitator's teaching. For learners with developmental or intellectual disabilities, the lesson structure is consistent and predictable.

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