Money Management International

From Wikipedia the free encyclopedia

Money Management International
Company type501(C)(3) Nonprofit
Founded1997[1]
FounderTerry M. Blaney
HeadquartersStafford, Texas, United States[2]
Number of locations
40 (2018)[3]
Key people
Jim Triggs, Chief Executive Officer
ServicesFinancial education and counseling
Revenue$52.2 million (2018)[4]
Total assets$55.5 million (2018)[4]
Number of employees
440 (2018)[3]
Websitewww.moneymanagement.org/

Money Management International (MMI) is a United States non-profit that provides consumers with free credit counseling and education.[5][6][7] In about 25 percent of its consultations, it helps consumers develop a debt management or repayment plan.[5] MMI is funded primarily by creditors.[6] Money Management International was founded in 1997 by six financial consulting organizations that were members of the Consumer Credit Counseling Services (CCCS) network.[1]

Over time, Money Management International merged with more than 20 credit counseling organizations.[1] The company acquired the accounts of AmeriDebt as part of AmeriDebt's bankruptcy proceedings in 2005.[8] In 2006 it released the microsite, regiftable.com, to promote regifting as a way to reduce spending.[9][10] In 2008, MMI introduced its "Thirty Steps" educational program on responsible money management.[11]

References[edit]

  1. ^ a b c "Our History". Money Management International. Retrieved May 30, 2020.
  2. ^ "Locations". Money Management International. Retrieved August 7, 2023.
  3. ^ a b 2018 Annual Report, Money Management International, retrieved May 29, 2020
  4. ^ a b "Money Management International 2018 Form 990". ProPublica. Retrieved May 30, 2020.
  5. ^ a b Brent Kessel (8 July 2008). It's Not About the Money. HarperCollins. pp. 264–. ISBN 978-0-06-173463-2.
  6. ^ a b Oteia Bruce (May 1, 2002). The Urban Guide to Biblical Money Management. Urban Ministries Inc. p. 63. ISBN 978-0-940955-73-8.
  7. ^ Wadler, Joyce (December 24, 2008). "Re-Gifting: You Shouldn't Have. But if You Did, Here's How to Get Away With It". New York Times. Retrieved November 4, 2013.
  8. ^ Ambrose, Elleen (January 25, 2005). "Credit agency's accounts are sold". The Baltimore Sun. Retrieved November 4, 2013.
  9. ^ Lynn Thorne (1 January 2008). Word-of-mouth Advertising, Online and Off: How to Spark Buzz, Excitement, and Free Publicity for Your Business Or Organization with Little Or No Money. Atlantic Publishing Company. pp. 113–. ISBN 978-1-60138-011-1.
  10. ^ "The 'Re-Gifting' Debate". Associated Press. February 11, 2006. Retrieved November 4, 2013.
  11. ^ Bigda, Carolyn; Newspapers, special to Tribune (April 13, 2012). "Thirty Steps a path to money management". chicagotribune.com. Retrieved May 30, 2020.

External links[edit]