The programme, MoneyCounts is a free to use web based resource, which was developed by Saint John of God Carmona Services & MABS with the support of Benefit – The eInclusion Scheme facilitated by The Knowledge Society Division of the Department of Communications, Energy and Natural Resources.
MoneyCounts was devised in response to an identified gap in financial literacy amongst people with intellectual disabilities and other vulnerable groups. The OECD in 2008 voiced their concern about the possible adverse effects of low levels of financial literacy in a context of increased use of financial products. Training and education in this area is aimed at facilitating learners in making effective informed decisions about their finances.
The training programme comprises a step by step guide for the facilitator, together with interactive games and exercises for the learners. Learners now have the opportunity to practice on a virtual ATM machine as well as playing games that will facilitate learning in budgeting and money management. It will focus on exploring spending habits and outline the consequences of ‘living beyond one’s means’. Video case studies will highlight financial issues relating to entitlements and employment.
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