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MoneyMates

MoneyMates support groups are based around the concept of sharing and learning together as a group.

This type of approach has proven successful in both large and small communities, as seen with programmes such as Weight Watchers.

Facilitators encourage group members to learn from others and gain control over their financial lives and build resilience.

Who is MoneyMates for?

MoneyMates is aimed at people who are repeatedly experiencing financial hardship, or who may be more likely to encounter financial difficulty, or who simply want to learn financial management and budgeting skills.

Some participants might be transitioning from a one-on-one BFC service to building networks and better financial independence.


What happens in a MoneyMates session?

Facilitators help a group of participants to talk openly about money and finances (not necessarily about specific details of their own debt, but about, choices, options and behaviours).

Together, over several weeks they can:

  • learn more about getting control of debt, budgeting and cash flow management, financial products, safer lending and growing their resources
  • learn from other people who are in similar situations, share their own insights and knowledge and build support networks with people going through the same experiences
  • access other information and support such as online forums, helplines and the Sorted website
  • build up their networks with whānau and their community.

Use the MoneyMates guide for facilitators

Providers should use the MoneyMates 2017 guide for facilitators in their delivery. The guide outlines the consistent approach expected of the service and provides 10 modules of resources.

There is no requirement to use all 10 modules, and material from other sources may be used if the group requires additional resources. Clients are the experts in their own lives, and MoneyMates groups should have the flexibility to include information requested by the clients themselves.


Other guidance and resources for providers

We also have other guidelines and resources for providers to use:


Your feedback

We are always keen to hear your feedback about these resources – please email us.

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