Financial Health Educational Program for Increasing Financial Literacy Among Underserved Communities in Western New York

Money Matters 101: A Pilot Community-Based Financial Health Educational Program

This clinical trial evaluates a financial health educational program to educate and increase knowledge for financial health and well-being, and to ensure access to financial knowledge and resources among underserved community members in Western New York. Financial well-being consists of a person's ability to meet financial obligations, feelings of financial security, ability to make choices related to financial matters. Information gathered from this study may help researchers learn how a financial health educational program may increase financial literacy for financial health and well-being among underserved community members in Western New York.

Study Overview

• Status: Completed
• Conditions: Malignant Solid Neoplasm; Hematopoietic and Lymphoid System Neoplasm
• Intervention / Treatment: Other: Questionnaire Administration; Behavioral: Behavioral Intervention; Other: Educational Intervention

Detailed Description

PRIMARY OBJECTIVES:

I. Collaborate with community organizations and leaders to leverage community-based assets to disseminate education about financial literacy.

II. Reach medically underserved, high risk community members. III. Enhance financial literacy knowledge among medically underserved, high risk community members.

OUTLINE:

Participants attend financial health educational program over 60 minutes. Patients also receive educational materials on study.

After completion of study intervention, patients are followed up to 30 days.

• Study Type: Interventional
• Enrollment (Actual): 99
• Phase: Not Applicable

Contacts and Locations

Study Locations

• United States
  • New York
    • Buffalo, New York, United States, 14263
      • Roswell Park Cancer Institute

Participation Criteria

Eligibility Criteria

• Ages Eligible for Study: Adult; Older Adult
• Accepts Healthy Volunteers: Yes

Description

Inclusion Criteria:

• Being over 18 years old

Exclusion Criteria:

• Adults unable to consent

Study Plan

How is the study designed?

Design Details

• Primary Purpose: Health Services Research
• Allocation: N/A
• Interventional Model: Single Group Assignment
• Masking: None (Open Label)

Number of Arms

1

Arms and Interventions

Participant Group / Arm

Intervention / Treatment

Experimental: Health Services Research (educational program); Participants attend financial health educational program over 60 minutes. Patients also receive educational materials on study.

Other: Questionnaire Administration; Ancillary studies; Behavioral: Behavioral Intervention; Receive educational materials; Other Names: Behavior Conditioning Therapy; Behavior Modification; Behavior or Life Style Modifications; Behavior Therapy; Behavioral Interventions; Behavioral Modification; Behavioral Therapy; Behavioral Treatment; Behavioral Treatments; Other: Educational Intervention; Attend financial health educational program; Other Names: Education for Intervention; Intervention by Education; Intervention through Education; Intervention, Educational

What is the study measuring?

Primary Outcome Measures

Outcome Measure	Measure Description	Time Frame
Success of program dissemination (Feasibility)	Will be measured by number and demographics of attendees at each programs offered organizations to deliver financial health literacy education. Descriptive statistics will be used to summarize demographic and baseline characteristics.	Up to 1 year
Satisfaction of financial health educational program (Acceptability)	Descriptive statistics will be used to summarize demographic and baseline characteristics.	Up to 1 year
Effectiveness of community based education	Demographics of attendees at each program will determine the effectiveness of this community-based educational strategy to reach diverse, high-risk, and medically underserved community members.	Up to 1 year

Secondary Outcome Measures

Outcome Measure	Measure Description	Time Frame
Changes in financial literacy knowledge	Will use surveys to collect questionnaire data before and after education sessions. Scores from the pre- and post-knowledge tests will be computed as the average percent correct of the responses to each question and then will be compared across all participants. Comparisons of pre-post test scores will be made using paired-samples t-tests.	Baseline to 1 year

Collaborators and Investigators

• Sponsor: Roswell Park Cancer Institute
• Investigators: Principal Investigator: Elizabeth Bouchard, Roswell Park Cancer Institute

Study record dates

Study Major Dates

• Study Start (Actual): May 17, 2023
• Primary Completion (Actual): February 24, 2024
• Study Completion (Actual): February 24, 2025

Study Registration Dates

• First Submitted: August 3, 2023
• First Submitted That Met QC Criteria: August 11, 2023
• First Posted (Actual): August 18, 2023

Study Record Updates

• Last Update Posted (Actual): March 25, 2025
• Last Update Submitted That Met QC Criteria: February 26, 2025
• Last Verified: February 1, 2025

More Information

Terms related to this study

• Additional Relevant MeSH Terms: Neoplasms
• Other Study ID Numbers: I 3445122 (Other Identifier: Roswell Park Cancer Institute); NCI-2023-02314 (Registry Identifier: CTRP (Clinical Trial Reporting Program))

Drug and device information, study documents

• Studies a U.S. FDA-regulated drug product: No
• Studies a U.S. FDA-regulated device product: No
• product manufactured in and exported from the U.S.: No