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 that targeted financial education can have on people’s financial wellbeing and resilience.

To study this, Adele Atkinson and Amalia Di Girolamo will be undertaking a field experiment as the most effective way of illustrating causation. They 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

The research objective is to determine whether targeted financial education has an impact on financial wellbeing and resilience.

Outputs and impact

The research applies the most rigorous techniques available to explore causality, and as such will provide a significant contribution to the academic literature on the role of financial education in improving financial wellbeing.

Partner organisations and sponsors