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 11 - 20 of 58
Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of newly designed educational materials, adapted from the Federal Deposit Insurance Corporation’s (FDIC) Money Smart curriculum, on immigrants’…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of newly designed educational materials, adapted from the Federal Deposit Insurance Corporation’s (FDIC) Money Smart curriculum, on immigrants’…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of newly designed educational materials, adapted from the Federal Deposit Insurance Corporation’s (FDIC) Money Smart curriculum, on immigrants’…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 Bite Club video game. The authors investigated similar…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of debt management rules of thumb on credit card debt reduction. The study was a randomized controlled trial that assigned individuals to one of…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of financial coaching on financial knowledge and financial behaviors. The study used an interrupted time series design. Using survey data and…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of Money Matters on financial knowledge and behaviors. The study used an interrupted time series design. Using survey data and statistical models…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of the USA Funds Life Skills Financial Literacy program on financial knowledge. The study was a randomized controlled trial. First year college…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of a personal finance course at a university on financial behaviors of college students. The study used an interrupted time series design. Using…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of the It’s Your Reality (IYR) simulation program on financial knowledge and behaviors. The study used an interrupted time series design to…
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.