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Launch of Donegal debt education
service
30.09.09
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A new free home
budgeting programme has been set up in Donegal to
help people learn about managing money and avoiding
debt.
Social and Family Affairs Minister Mary Hanafin last
week launched the Donegal MABS EuroWatchers
programme - a joint VEC and MABS inititative.
The EuroWatchers programme is now available free of
charge to 21 VECs around the country who will
deliver the programme to up to 2,000 learners in
2009.
“EuroWatchers is a very welcome and timely
contribution to promoting effective household budget
management and assisting people to avoid debt
problems," said Ms Hanafin. |
"It facilitates people
to develop core skills which, in turn, make them
better equipped to manage their budget from week to
week or month to month and better able to cope when
there is an unexpected loss of income or an
unanticipated cost. This programme also sits very
well with MABS’ overall approach to community
education."
EuroWatcher is a resource for use with adults at
basic education level – predominantly those
participating in VTOS programmes, literacy |
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programmes, or in other
community education activities in their local area.
Tuition is provided by an experienced VEC tutor with
specific expertise in community education while the
local MABS service will deliver aspects of the
programme.
Noreen Doogan, money adviser at Letterkenny MABS
added: “EuroWatchers will be beneficial to all
participants whatever the economic climate, as it
will provide them with the mechanisms to manage
their money better no matter what their income is.
It will also mean that they will have obtained the
skills they require regarding the need to save for
both planned and unexpected events. They will also
have gained the knowledge to make more informed
choices should they need to borrow in the future.” |
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