Money Charity
The Impact of Financial Education on Adults’ Financial Wellbeing
CHASM is partnering with The Money Charity for a financial education initiative co-designed and delivered with ClearScore UK. The project seeks to determine the impact targeted financial education can have on an individual’s financial capability and therefore credit risk, access to credit and ultimately overall financial wellbeing and resilience
Adele Atkinson and Amalia Di Girolamo will be undertaking a field experiment as the most effective way of illustrating causation. CHASM will provide a robust methodology and high-quality analysis, and will work to help create a dissemination plan that links into the current political, regulatory and business environment and map stakeholders and initiatives that are relevant to research findings. The research team will work to play a direct role in ensuring change happens via, for example, integrating findings into advocacy work with key stakeholders, speeches and presentations.
Research objectives
Research objectives
The research objective is to determine whether targeted financial education has an impact on a) the credit score and b) access to affordable credit of those who receive it. The aim of improving credit scores and access to credit is to increase overall financial wellbeing and resilience.
Partner organisations and sponsors
Partner organisations and sponsors
Funder - Aviva Foundation
Partners -The Money Charity and ClearScore group