Hosts Meghan (Smallwood) and Patrick (Cadigan) have a short discussion on the importance of financial literacy for students with disabilities, noting a common stigma that they cannot manage their own money. They emphasize the shift from handling cash to using debit cards and the need for basic financial education. Practical strategies include community-based instruction, involving students in household financial decisions, and using chores and allowances to teach budgeting. They highlight the significance of understanding banking, the difference between necessities and luxuries, and the impact of taxes on paychecks. Join the conversation!
Episode Keywords:
Financial literacy, students with disabilities, money management, debit cards, community-based instruction, independent living skills, budgeting, vocational skills, banking, necessities vs luxuries, SSI, paycheck, credit card, financial independence, transition process.
Links:
SSI (page)
SSI Discussion- Ep. 21 (link)
ABLE National Resource Center (site)
Maryland (specific) Links/Supports:
Centers for Independent Living (site)
To download a copy of a transcript for this episode or any of our previous conversations, click here.
Also visit our Podcast webpage to find links to all of our other discussions; go to www.p2transition.com.
Additional information about post-secondary transition can be found at our website.
The Post-Secondary Transition Podcast Facebook page.
Visit our YouTube Channel to find additional video resources.
Intro/Outro music by AudioCoffee from Pixabay.
Transition music by Joseph McDade from Transistor.
