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 31 - 40 of 58
Study Type: Causal Impact Analysis
The study's objective was to examine the effect of situational stimuli in a financial education intervention on investment knowledge. The study design was a randomized controlled trial…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of Credit Wise Cats on financial knowledge and behaviors. The study used an interrupted time series design to compare college students' financial…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of a financial education program on financial behaviors. The study used a nonexperimental design to compare outcomes of soldiers who participated…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of a demonstration program on financial literacy knowledge and behaviors. The study was a randomized controlled trial. Using telephone survey data…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of vignettes about financial planning on financial knowledge. The study was a randomized controlled trial and used data from the Understanding…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of the Sharpen Your Financial Focus (Sharpen) program on financial behaviors. The study used a difference-in-difference design to compare the…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of a workplace financial education program on financial behaviors. The study used a nonexperimental design to compare the financial behaviors of…Study Type: Causal Impact Analysis
The study’s objective was to examine the impact of the Moving Ahead Through Financial Management program on financial knowledge, financial intentions, and financial behavior outcomes. The study…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of the Boston Youth Credit Building Initiative (BYCBI) on financial knowledge and behaviors. The study used a randomized controlled trial to…Study Type: Causal Impact Analysis
The study's objective was to examine the impact of the Assets for Independence (AFI) program on financial behaviors. The study used a randomized controlled trial to assign participants to the…
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.