Financial capability programs (i.e., attitude, knowledge, skills, and self-efficacy for day-to-day money management)

Framework graphic with the entry point 'Provide Sustainable Funding to Programs and Services' highlighted

EVIDENCE-BASED STRATEGY

Government units provide funding and guidelines for financial capability programs that reflect a holistic approach to financial strain and financial wellbeing as well as the application of user-centered principles in the design, implementation, and evaluation of initiatives.

SAMPLE INDICATORS

Number/percentage of financial capability programs using key performance indicators to measure success (e.g., change in participants’ self-rated or measured financial capability) that go beyond funder priorities (e.g., participation rates) and consider multiple aspects of people’s lives
Number/percentage of financial capability programs that address the social and structural determinants of people’s financial circumstances