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The Various Impacts & Returns of Comprehensive Value-Based Financial Literacy Programming: Re-Evaluation of the Family Stabilization Plan
McGee, Demitri (2017)
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https://hdl.handle.net/11299/184790
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Title
The Various Impacts & Returns of Comprehensive Value-Based Financial Literacy Programming: Re-Evaluation of the Family Stabilization Plan
Authors
Issue Date
2017
Type
Report
Abstract
Financial turmoil has been the lead reason to economical issues in the U.S. In attempt to reduce financial turmoil financial literacy programs have been implemented. Financial literacy programs such as the Family Stabilization Program (FSP) have an effect on family well-being across many dimensions in addition to financial stability. The purpose of this study was to measure and describe the influence of the FSP program on families in order to provide a holistic, evaluation of a comprehensive program. Researchers use a combination of methods including convenience sample surveys and structured focus group interviews to collect data on emotional and social well being as well as change in indicators of financial well-being.
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Kris Nelson Community-Based Research (CBR) Program [471]
Series/Report Number
KNCBR; 1421
Description
This study was designed to reevaluate the Family Stabilization Plan (FSP), that is administered by a local twin cities nonprofit organization entitled Build Wealth Minnesota. In order to do so, three aspects of financial literacy programs were explored including: the impact of FSP on individual program participants, their families and the communities they live in; how FSP program participants and staff perceive financial literacy programs and; identify areas of improvement for the FSP.
Funding information
Conducted on behalf of Build Wealth Minnesota. Supported by the Kris Nelson Community-Based Research Program, a program of the Center for Urban and Regional Affairs (CURA) at the University of Minnesota.
Suggested Citation
McGee, Demitri. (2017). The Various Impacts & Returns of Comprehensive Value-Based Financial Literacy Programming: Re-Evaluation of the Family Stabilization Plan. Retrieved from the University of Minnesota Digital Conservancy, https://hdl.handle.net/11299/184790.
Content distributed via the University of Minnesota's Digital Conservancy may be subject to additional license and use restrictions applied by the depositor.