Technology as a Teaching Tool

1
Technology as a Teaching Tool

• December 7, 2006
• Center for Working Families Leadership Conference

2
www.beehive.org/budget/

• Online budget tool
• Purpose to help people learn apply basic
  budgeting skills
• Step by step budget wizard
• Part of larger information system including local
  content about money, health, school, jobs,
  family, housing, and immigration

3
Beehive Budget Tool

• Accessible
• User friendly
• Items include
• Income
• Expenses
• Assets
• Debts

4
How does this tool empower students?

• Educational tool
• Empowers clients to have ownership for their
  finances
• Encourages honesty
• Allows for continued learning
• Difference between anticipated budget and actual
  expenditures
• Math anxiety money anxiety

5
How does it help with bundling?

• Holistic approach to financial management
• Financial content bridges conversation across
  several arenas
• Financial
• Education
• Employment
• Benefits

6
What outcomes does it help with? 

• Develop budget
• Work supports taxes, financial aid, child care,
  food stamps and TANF
• Manage income and expenses
• Debt reduction plan
• Reduce reliance on predatory lenders

7
Does it help with collecting data and
performance management?

• Future plans to connect ETO to Beehive for
  automatic data transfer
• Currently, income, expense, asset debt
  information entered from Beehive into ETO
  manually
• Changes interaction with student staff no
  longer expert/ student as expert