Evaluation of a project delivered by the National Youth Agency to 500 16-21 year olds, to improve their financial knowledge and to help them make good decisions about finances in the future.
Information about the programme design and rationale
Evidence about Financial Capability outcomes for programme participants
Evidence that the Financial Capability outcomes were caused by the programme
Evidence about programme implementation, feasibility, and piloting
Evidence about relative costs and benefits of the programme
Topics: Saving, Pensions and Retirement Planning, Credit Use and Debt, Budgeting and keeping track, Financial Education, Financial Capability
Country/Countries: England
Year of publication: 2018
Evaluating experiential financial capability education: a field study of My Classroom Economy
This study looks at financial education of upper elementary age children. It assesses the impact of participation in a simulated classroom economy on several hypothesized antecedents of financial wellbeing.
Information about the programme design and rationale
Evidence about Financial Capability outcomes for programme participants
Evidence that the Financial Capability outcomes were caused by the programme
Evidence about programme implementation, feasibility, and piloting
Evidence about relative costs and benefits of the programme
Topics: Financial Education
Country/Countries:
Year of publication: 2017
Financial capability of children, young people and parents in the UK 2016
Report of a UK-wide survey of the financial capability – knowledge, attitudes and behaviours – of 4-17-year-olds and their parents
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2017
Culture and financial literacy
This study examines the effect of culture on financial literacy by comparing secondary school students along the German-French language border within Switzerland.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education, Financial Capability
Country/Countries: Switzerland
Year of publication: 2017
Four bright coins shining at me: financial education in childhood, financial confidence in adulthood
The study analyses whether receiving regular pocket money from parents produces long lasting consequences in terms of building up a greater ability to cope with financial matters later in life.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education
Country/Countries: Netherlands
Year of publication: 2017
Financial resilience in Australia 2015
Nationally representative survey, undertaken by the Centre for Social Impact and NAB, to understand levels of financial resilience in Australia.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Capability
Country/Countries: Australia
Year of publication: 2016
Building blocks to help youth achieve financial capability
Developing a skills-based developmental model of financial capability.
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Financial Education, Financial Capability
Country/Countries: USA
Year of publication: 2016
Nationally representative annual survey by the London Institute of Banking & Finance into financial education for young people.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2016
Getting a fair deal? How to help vulnerable young people manage their money
This study, by Action for Children, considers what would help vulnerable young people manage their money. It involved qualitative workshops and a survey of vulnerable Children and Young People.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2015
Green paper: Saving us from ourselves
A green paper produced by the Open University Business School, focusing on how to make the general public more financially resilient and sets out their agenda to increase saving & investing.
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Saving, Pensions and Retirement Planning
Country/Countries: United Kingdom
Year of publication: 2015
A review of international evidence, demonstrating low levels of risk literacy, the consequences for long-term financial decision-making and implications for policymakers.
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Saving, Pensions and Retirement Planning, Financial Capability
Country/Countries: USA, Italy and other countries
Year of publication: 2015
Behavioural hurdles to financial capability in the UK
A review of the academic literature which identifies six key behavioural hurdles to financial capability and the challenges for UK financial education programmes in addressing them.
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Saving, Pensions and Retirement Planning, Credit Use and Debt, Budgeting and keeping track, Financial Education
Country/Countries: United Kingdom, United States, Various
Year of publication: 2015
This report summarises feedback from roundtable discussions held by Demos with key stakeholders about how to implement the independent Financial Inclusion Commission’s vision for 2020.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Saving, Credit Use and Debt, Budgeting and keeping track, Financial Education, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2015
Australian Securities and Investments Commission's 'Helping Our Kids Understand Finance'
An independent evaluation of ASIC's teacher training programme, designed to build the financial literacy capabilities of primary and secondary school pupils in Australia.
Information about the programme design and rationale
Evidence about Financial Capability outcomes for programme participants
Evidence that the Financial Capability outcomes were caused by the programme
Evidence about programme implementation, feasibility, and piloting
Evidence about relative costs and benefits of the programme
Topics: Financial Education, Financial Capability
Country/Countries: Australia
Year of publication: 2014
It’s time to talk: young people and money regrets
Qualitative research commissioned by the Money Advice Service to explore how young adults might learn from the experiences and, in particular, the regrets of older peers.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Credit Use and Debt, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2014
Can you help someone become financially capable?
A meta-analysis of the literature on financial education interventions designed to strengthen the financial knowledge and behaviours of consumers.
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Saving, Pensions and Retirement Planning, Budgeting and keeping track, Financial Capability
Country/Countries: Regions in USA, Africa, Asia, Latin America
Year of publication: 2014
Financial capability of Australian secondary school students
A qualitative study of Australian high school students’ financial decision-making.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Capability
Country/Countries: Australia
Year of publication: 2014
The financial literacy of young Australians
Survey of 207 Year 11 (16-17 year old) students in schools in the Australian state of Victoria, regarding financial literacy.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education, Financial Capability
Country/Countries: Australia
Year of publication: 2014
Financial education of vulnerable young people
This All-party Parliamentary Group inquiry considers how to help vulnerable young people manage their money, based on a call for evidence and consultation with YPs who had experienced homelessness.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2013
My Finance Coach's financial education programme
Face-to-face financial education provided to students in lower stream high schools in Germany, delivered by volunteer 'finance coaches'.
Information about the programme design and rationale
Evidence about Financial Capability outcomes for programme participants
Evidence that the Financial Capability outcomes were caused by the programme
Evidence about programme implementation, feasibility, and piloting
Evidence about relative costs and benefits of the programme
Topics: Financial Education, Saving, Budgeting and keeping track
Country/Countries: Germany
Year of publication: 2013
