Evidence type: Evaluation i
Information about the programme design and rationale
Evidence about Financial Capability outcomes for programme participants
Evidence that the Financial Capability outcomes were caused by the programme
Evidence about programme implementation, feasibility, and piloting
Evidence about relative costs and benefits of the programme
Get £ F+IT was delivered by Cornwall Rural Community Charity (CRCC). The project aimed to increase the digital financial literacy and capability of 80-100 older people (over 60 years of age). Activities focused on developing participants online skills to manage their money, through six half-day digital inclusion sessions. Tools and online resources were also provided. The project was delivered by three members of staff, and local community volunteers. 132 people participated in the programme.
The target group were drawn from four rural locations across Cornwall, and experienced a range of accessibility and deprivation issues.
The evaluation was designed to answer the following research question:
Does increasing the digital skills of older people living in a rural area increase their financial capability?
The evaluation included outcomes, process, and economic elements, and followed HM Treasury guidance. The economic evaluation considered the value-for-money and cost effectiveness of the project and included a social return on investment (SROI). Pre- and post- questionnaires were completed by 95 people. In-depth follow-up surveys were completed by 25 participants three months after the programme. The evaluation included interviews with four staff, 30 participants and five stakeholders, and two focus groups with staff and participants.
· Get £ F+IT was considered cost effective and found to offer value-for-money when compared to similar initiatives.