A Randomized Controlled Trial to Evaluate Interventions Designed to Improve University Students' Subjective Financial Wellness in the United Kingdom

Autor/inn/en	Schmidtke, Kelly Ann; Elliott, Antony; Patel, Krishane; King, Derek; Vlaev, Ivo
Titel	A Randomized Controlled Trial to Evaluate Interventions Designed to Improve University Students' Subjective Financial Wellness in the United Kingdom
Quelle	In: Journal of Financial Counseling and Planning, 31 (2020) 2, S.296-312 (17 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Zusatzinformation	ORCID (Schmidtke, Kelly Ann) ORCID (Elliott, Antony) ORCID (Patel, Krishane) ORCID (King, Derek) ORCID (Vlaev, Ivo)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1052-3073
Schlagwörter	Foreign Countries; Money Management; Comparative Analysis; Intervention; Undergraduate Students; Universities; Instructional Effectiveness; Teaching Methods; Student Attitudes; United Kingdom (England) + Suchen Sie Ihr Suchwort? Ausland; University; Universität; Unterrichtserfolg; Teaching method; Lehrmethode; Unterrichtsmethode; Schülerverhalten
Abstract	This article describes a randomized controlled trial to evaluate the effectiveness of intervention tools designed to help people save more or spend less money by enhancing their capabilities, motivations, and opportunities. The participants included 177 students from an English University who were randomly allocated to either the Control, Savings-Tool, or Savings+Habit-Tools group. Participants provided with the intervention tool(s) for 4 weeks were more likely to experience improvements in both their financial satisfaction and subjective perceptions than those in the Control group not asked to use either tool. The tools did not significantly affect financial behaviors or objective financial wellness. The discussion examines limitations of the study and discusses avenues for future research such as including a longer follow-up period. (As Provided).
Anmerkungen	Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: https://connect.springerpub.com/content/sgrjfcp
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01