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

August 11, 2023 updated by: Roswell Park Cancer Institute

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

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 (Estimated)

100

Phase

  • Not Applicable

Contacts and Locations

This section provides the contact details for those conducting the study, and information on where this study is being conducted.

Study Locations

    • New York
      • Buffalo, New York, United States, 14263
        • Recruiting
        • Roswell Park Cancer Institute
        • Contact:
        • Principal Investigator:
          • Elizabeth Bouchard

Participation Criteria

Researchers look for people who fit a certain description, called eligibility criteria. Some examples of these criteria are a person's general health condition or prior treatments.

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

This section provides details of the study plan, including how the study is designed and what the study is measuring.

How is the study designed?

Design Details

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

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.
Ancillary studies
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
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)
Time Frame: Up to 1 year
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)
Time Frame: Up to 1 year
Descriptive statistics will be used to summarize demographic and baseline characteristics.
Up to 1 year
Effectiveness of community based education
Time Frame: Up to 1 year
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
Time Frame: Baseline to 1 year
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

This is where you will find people and organizations involved with this study.

Investigators

  • Principal Investigator: Elizabeth Bouchard, Roswell Park Cancer Institute

Study record dates

These dates track the progress of study record and summary results submissions to ClinicalTrials.gov. Study records and reported results are reviewed by the National Library of Medicine (NLM) to make sure they meet specific quality control standards before being posted on the public website.

Study Major Dates

Study Start (Actual)

May 17, 2023

Primary Completion (Estimated)

August 28, 2024

Study Completion (Estimated)

August 28, 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)

August 18, 2023

Last Update Submitted That Met QC Criteria

August 11, 2023

Last Verified

August 1, 2023

More Information

Terms related to this study

Additional Relevant MeSH Terms

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

This information was retrieved directly from the website clinicaltrials.gov without any changes. If you have any requests to change, remove or update your study details, please contact register@clinicaltrials.gov. As soon as a change is implemented on clinicaltrials.gov, this will be updated automatically on our website as well.

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