Goodwill Manasota launches financial literacy mobile app

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SRQ DAILY SATURDAY PERSPECTIVES EDITION SATURDAY NOV 3, 2018

With the support of a grant of $10,000 last year from SunTrust Foundation, Goodwill Manasota has launched an app called “Show Me the Good Money,” which will help users develop the skills needed to successfully manage personal finances and transition from poverty to economic independence. The app, which is free, is available at the Google Play store by searching “Show Me the Good Money.” Apps offer a quick, easy and engaging way to gain financial knowledge for users of all ages. Research has demonstrated the positive impact of financial literacy training on low- and moderate-income workers and young adults, finding that the majority of program participants changed the way they budgeted and paid bills. With the “Good Money” app, Goodwill has focused on learning areas including “Checkbook 101,” wealth accumulation, and managing savings. It will help to keep users on top of their money and better understand the consequences of their financial decisions. SunTrust Foundation has provided support for Goodwill’s financial literacy programs for the past few years. The grants have been used to launch an internal financial literacy pilot program and then increase the reach and impact of the financial literacy coach at Goodwill, with the goal of helping participants better understand topics such as credit counseling, online banking and consumer credit. 

Goodwill Manasota

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