Our Services
Money Management Program
The Money Management Program at BayPath began in 1991 as a non-profit program to help elders who, for a variety of reasons, were having difficult managing their finances. Developed as a joint venture between the Executive Office of Elder Affairs, AARP and the Legal Counsel for the Elderly (LCE), our trained volunteers assist elders with paying their bills so they can remain in their homes and maintain their independence. Administered by LCE which develops overall policy relating to the program operation, our clients and volunteers are insured through AARP.
Our Mission:
The mission of the Money management Program is to promote and prolong independent living for low-income elders by providing help managing their day-to-day finances through the dedication and support of volunteers.
Who are our clients?
Our clients are elders who are 60 years old or older or are disabled and are having difficulty managing their day-to-day finances.
What are our income guidelines? How do I qualify for your program?
For 2009 the required income and asset guidelines are:
Maximum income of $24,837 for a single person
$35,144 for a two person household
Liquid assets not to exceed $35,000
What areas do you service?
BayPath Elder Services serves elders in the following 14 communities: Ashland, Dover, Framingham, Holliston, Hopkinton, Hudson, Marlborough, Natick, Northborough, Sherborn, Southborough, Sudbury, Wayland and Westborough.
Who are the volunteers?
Our volunteers come from the community and have a diverse background. We have retired executives and professionals, bankers and homemakers. Our volunteers are carefully screened, complete with background checks, and trained to help our clients.
Is there a fee for this service?
No, our services are free to qualified elders.
What is required of volunteers?
• Ability to dedicate 6-8 hours a month
• Commit to the program for at least one year
• Have patience and understanding while helping individuals
• Ability to create a budget and maintain accurate financial records
• Ability to balance a checkbook
• Desire to be a part of a team that helps elders age with dignity
• Desire to impact a persons well-being
How do I volunteer or get assistance for myself or a loved one?
Please call the Money Management Department at BayPath Elder Services at 508-573-7200.
For additional information please contact us.