Your Money Matters (YMM) is a financial education programme delivered by Young Money, part of Young Enterprise. The programme includes textbooks and digital resources for teaching staff, and was distributed to state-funded secondary schools in Northern Ireland, Scotland, and Wales. An external evaluation was conducted to assess the impact of the program on teachers and students.
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
Topics: Financial Education, Financial Capability
Country/Countries: Scotland, Northern Ireland, Wales
Year of publication: 2023
The essential guide to understanding poverty in the UK, 2023
A comprehensive review, by the Joseph Rowntree Foundation, of the latest evidence to identify trends and understand the experiences and challenges of poverty in the UK in 2022
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Saving, Credit Use and Debt, Budgeting and Keeping Track
Country/Countries: United Kingdom, England, Scotland, Northern Ireland, Wales
Year of publication: 2023
The Financial Wellbeing of Scottish Households: Navigating the cost of living crisis
A cross-sectional survey by University of Bristol and YouGov to explore the impact of the cost-of-living crisis on Scottish households compared with households in the rest of the UK in autumn 2022.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Saving, Credit Use and Debt, Budgeting and Keeping Track
Country/Countries: United Kingdom, Scotland
Year of publication: 2023
Money and Me Campaign Evaluation
A short, high-intensity digital media campaign run by Young Scot in Scotland to engage young people with Money and Me which provides online information about budgeting, saving, spending and taxes.
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
Topics: Saving, Budgeting and Keeping Track, Financial Education, Financial Capability
Country/Countries: United Kingdom, Scotland
Year of publication: 2022
Financial Education Provision Mapping 2021
A mapping exercise undertaken by PwC and commissioned by MaPS to provide a snapshot of financial education programmes being delivered to children and young people across the UK in 2020/21
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Education
Country/Countries: United Kingdom, England, Scotland, Northern Ireland, Wales
Year of publication: 2022
A mixed-methods study by MMHPI to understand the disproportionate economic and health disadvantage people with mental health problems face in some areas of the UK and how a place can help or harm people’s mental health and finances.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Credit Use and Debt, Budgeting and Keeping Track
Country/Countries: United Kingdom, England, Scotland, Northern Ireland, Wales
Year of publication: 2022
‘Fun to finance’ workshops and Money Mentoring with women
A mixed-methods evaluation of the Many Sisters ‘Fun to finance’ practical lifestyle workshops and 1-2-1 Money Mentoring delivered online by Southern Housing Group to women tenants in East London
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
Topics: Saving, Credit Use and Debt, Budgeting and Keeping Track, Financial Education, Financial Capability
Country/Countries: United Kingdom, England
Year of publication: 2021
A Cost-Benefit Evaluation of The Money House 5-Day Programme
A social cost-benefit analysis of MyBnk’s Money House 5-day programme, which delivers financial literacy education to young people aged 16-25 who live or are about to live independently in London.
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
Topics: Credit Use and Debt, Budgeting and Keeping Track, Financial Education, Financial Capability
Country/Countries: United Kingdom, England
Year of publication: 2020
Measuring the long-term impacts of debt advice, 2021
Results from a two-year quantitative longitudinal pilot study by the Money and Pensions Service to understand in-depth the medium and long-term impacts of encouraged debt advice on clients in the UK.
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
Topics: Credit Use and Debt
Country/Countries: United Kingdom
Year of publication: 2022
Do consumers understand the risks associated with different ways of saving?
Quantitative analysis of data within the Financial Lives (2020) study, assessing the ability of UK adults to understand the risks and uncertainties of different savings approaches (savings accounts, housing and stock market returns).
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Saving, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2022
Informal borrowing and mental health problems research
Research into how informal borrowing affects people experiencing mental health problems and what can be done to help.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Credit Use and Debt
Country/Countries: United Kingdom
Year of publication: 2018
Plain Numbers Project: Initial trials report
This project sought to test the effectiveness of the Plain Numbers Approach (making small changes to the way that numbers and data are presented) on customer comprehension across a range of markets and documents.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Capability
Country/Countries: United Kingdom
Year of publication: 2021
This is the final report from a project which aims to investigate the economic and financial challenges facing low to middle income families where young adults live with their parents.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Financial Capability
Country/Countries: United Kingdom
Year of publication: 2021
Children and Young People Financial Education Innovation and Evaluation Programme: Synthesis Report
Ecorys UK, in partnership with the Personal Finance Research Centre (PFRC) at the University of Bristol, was commissioned by The Money and Pensions Service (MaPS) to evaluate the Children and Young People (CYP) Financial Education Innovation and Evaluation Programme. This report synthesises the key findings and learnings for the programme, drawing on the evaluation evidence of all seven pilot projects.
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
Topics: Financial Education
Country/Countries: England, Scotland, Northern Ireland
Year of publication: 2022
Evaluation of Teenage Cancer Trust and The Money Charity’s ‘Money, Cancer and Me’ pilot.
Ecorys conducted a development, process and outcomes project-level evaluation of ‘Money, Cancer and Me’, between February and August 2021.
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
Topics: Financial Education
Country/Countries: United Kingdom
Year of publication: 2022
Ecorys UK, in partnership with the Personal Finance Research Centre (PFRC) at the University of Bristol, was commissioned by The Money and Pensions Service (MaPS) in October 2020 to evaluate the Children and Young People (CYP) Financial Education Innovation and Evaluation Programme. The programme comprised seven pilot projects. This report focuses on one of these pilot projects; the Money Matters pilot delivered by Whizz-Kidz.
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
Topics: Financial Education, Financial Capability
Country/Countries: England
Year of publication: 2021
Evaluation of MyPocketSkill’s Earning is Learning programme
Evaluation of MyPocketSkill, a digital technology platform that aims to connect young people with opportunities to earn money via an online platform, whilst encouraging a savings mindset and behaviour.
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
Topics: Saving, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2022
Money and Mental Health Rapid Evidence Review
This report outlines the findings of a rapid evidence review of recent studies considering the links between money and mental health in the UK to highlight new findings on the relationships between money (defined broadly as personal financial circumstances) and mental health and to reflect on the extent to which the context of the COVID-19 pandemic and the current cost of living situation has shaped these issues.
A comprehensive and replicable review of all relevant studies on a topic with a summary of findings
An indicative review of a sample of relevant studies on a topic with a summary of findings
Topics: Saving, Credit Use and Debt, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2023
Financial education for 16 and 17 year olds pathfinder evaluation
Evaluation of five pathfinder projects in mainstream and non-mainstream settings in England to understand how to scale the delivery of effective financial education for 16 and 17 year olds.
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
Topics: Financial Education
Country/Countries: England
Year of publication: 2021
Analysis of the ‘Credit Counts’ National Strategy Measure: Adult Financial Capability Survey 2018
An analysis of the ‘Credit Counts’ National Strategy Measure, accessing data from the 2018 Adult Financial Capability Study.
Qualitative research is more exploratory, and uses a range of methods like interviews, focus groups and observation to gain a deeper understanding about specific issues - such as people’s experiences, behaviours and attitudes.
Quantitative research uses statistical or numerical analysis of survey data to answer questions about how much, how many, how often or to what extent particular characteristics are seen in a population. It is often used to look at changes over time and can identify relationships between characteristics like people’s attitudes and behaviours.
Topics: Credit Use and Debt
Country/Countries: United Kingdom
Year of publication: 2020
