Money Management International

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]

Money Management International
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/

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

  1. "Our History". Money Management International. Retrieved May 30, 2020.
  2. "Locations". Money Management International. Retrieved August 7, 2023.
  3. 2018 Annual Report, Money Management International, retrieved May 29, 2020
  4. "Money Management International 2018 Form 990". ProPublica. Retrieved May 30, 2020.
  5. Brent Kessel (8 July 2008). It's Not About the Money. HarperCollins. pp. 264–. ISBN 978-0-06-173463-2.
  6. 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.
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