This topic area focuses on the effectiveness of interventions designed to help equip adults to plan for and succeed in preparing for retirement and to increase general financial literacy knowledge to improve money management. CLEAR conducted a systematic evidence review on the topic, assessed the quality of the causal evidence, and summarized each study’s approach, findings, and elements of the intervention examined.
Financial Literacy
Status: Literature reviewed in this topic area currently covers 2008 - 2022.
Recently Added
CLEAR searches the existing literature for research relevant to this topic area's focus. Browse the most recently reviewed research below.
Displaying 1 - 10 of 58
Study Type: Causal Impact Analysis
The study's objective was to examine the impact of an informational flyer on retirement contributions. This profile focuses on the individuals who were contributing to the supplemental retirement…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of teacher-as-learner professional development on personal finance on knowledge and skills for financial decision making. This study uses an…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of the Moving Ahead Through Money Management intervention on financial knowledge and behaviors. The study was a randomized controlled trial…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of financial literacy training provided in four different formats (video narrative, written narrative, informational brochure, and interactive visual…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of financial coaching on financial behaviors. This profile focuses on the intervention based in New York City. The authors investigated similar…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of financial coaching on financial behaviors. This profile focuses on the intervention based in Miami, Florida. The authors investigated similar…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of video games for low-income adults on financial knowledge. This profile focuses on the Farm Blitz video game. The authors investigated similar…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of an informational flyer on retirement contributions. This profile focuses on the individuals who were not contributing to the supplemental retirement…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of informational and incentive-based interventions on retirement savings behavior. This profile focuses on the individuals who were contributing the 4…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of informational and incentive-based interventions on retirement savings behavior. This profile focuses on the individuals who were contributing less…
CLEAR Icon Key
Below is a key for icons used to indicate important details about a study, such as its type, evidence rating, and outcome findings.
High Causal Evidence
Strong evidence the effects are caused by the examined intervention.
Moderate Causal Evidence
Evidence that the effects are caused to some degree by the examined intervention.
Low Causal Evidence
Little evidence that the effects are caused by the examined intervention.
Causal Impact Analysis
Uses quantitative methods to assess the effectiveness of a program, policy, or intervention.
Descriptive Analysis
Describes a program, policy, or intervention using qualitative or quantitative methods.
Implementation Analysis
Examines the implementation of a program, policy, or intervention.
Favorable
The study found at least one favorable impact in the outcome domain, and no unfavorable impacts.
Mixed
The study found some favorable and some unfavorable impacts in the outcome domain.
None
The study found no statistically significant impacts in the outcome domain.
Unfavorable
The study found at least one unfavorable impact in the outcome domain, and no favorable impacts.
Not applicable
Not applicable because no outcomes were examined in the outcome domain.
Favorable - low evidence
The study found at least one favorable impact in the outcome domain, and no unfavorable impacts. The study received a low causal evidence ratings so these findings should be interpreted with caution.
Mixed - low evidence
The study found some favorable and some unfavorable impacts in the outcome domain. The study received a low causal evidence ratings so these findings should be interpreted with caution.
None - low evidence
The study found no statistically significant impacts in the outcome domain. The study received a low causal evidence ratings so these findings should be interpreted with caution.
Unfavorable - low evidence
The study found at least one unfavorable impact in the outcome domain, and no favorable impacts. The study received a low causal evidence ratings so these findings should be interpreted with caution.