University of Maryland Extension

Master Money Mentors

What is the Maryland Master Money Mentors Program?

Sponsored by the University of Maryland Extension, the Master Money Mentors (MMM) program is where trained volunteers work one-on-one with individuals working on financial goals and basic money management. MMM can also serve the community by providing group financial education classes and participating in community outreach events.

How can Maryland Money Mentors Help me?

MMM are trained to help you understand money management topics and techniques and more importantly, MMM ‘s main role is to help you move forward in accomplishing your financial goals. MMM are available to assist individuals with personal finance strategies, including:

  • Setting Goals
  • Creating and sticking to Spending Plans
  • Savings 
  • Debt Reduction
  • Credit Management

How much does it cost?

The program is available to you at no cost. Mentees are free to meet as often as needed as long as both are in agreement with frequency and longevity of the mentor mentee relationship. 

How do I get started?

To learn more or to get paired with a MMM in your area, please contact the MMM liaison.

Want to become an official Maryland Master Money Mentor?

You do not need any prior experience to become a MMM. MMM receive approximately 10 hours of intensive training in basic money management topics and other topics such ethics and confidentiality, and techniques that can help you facilitate a session with a mentee.  

Volunteer Commitments

MMM must agree to complete 20 volunteer hours annually in financial mentoring, financial education, or community outreach events. 6 hours of continuing education is also expected every 2 years.

Is there a cost to become a Maryland Master Money Mentor?

A one-time $40 fee will help cover training and material costs.

How do I learn more?

Learn more about the program, its commitments, and how to become a mentor at our MMM orientation class. The orientation may be available to you in person or online. To get started contact the MMM liaison in your county.

To learn more or to get paired with a MMM in your area, please contact the MMM liaison.

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