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
A mixed-methods study by the Social Market Foundation to understand ethnic differences in the use of financial products and services in the UK and the drivers of these differences
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, Pensions and Retirement Planning, Credit Use and Debt, Insurance and Protection, Financial Capability
Country/Countries: United Kingdom
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
A solution-focussed mixed-methods study which explores the barriers to greater pension saving among UK savers with low and moderate levels of engagement with their defined contribution saving schemes.
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: Pensions and Retirement Planning, Financial Capability
Country/Countries: United Kingdom
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 Financial Literacy of Children Aged 4 to 6 years: Design and small-scale testing
Design, development and small-scale testing of a comic-strip based financial literacy measurement tool for children aged 4 to 6 years in a range of settings undertaken by Loughborough University.
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 Capability
Country/Countries: United Kingdom
Year of publication: 2022
UK Adult Financial Wellbeing Survey 2021 Gender Report
Analysis of the UK Adult Financial Wellbeing Survey 2021 by the Money and Pensions Service which compares measures of financial wellbeing between men and women in the UK in 2021.
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, Pensions and Retirement Planning, Credit Use and Debt, Budgeting and Keeping Track, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2023
UK Adult Financial Wellbeing Survey 2021: Mental Health Report
Analysis of the Money and Pensions Service’s Adult Financial Wellbeing Survey 2021 to explore groups affected by mental health problems and links to financial wellbeing in the UK.
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, Pensions and Retirement Planning, Credit Use and Debt, Budgeting and Keeping Track, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2022
UK Adult Financial Wellbeing Survey 2021: Future Focus Report
Analysis of the Money and Pensions Service Adult Financial Wellbeing Survey 2021 to explore levels of understanding and planning for retirement and later life among working-age adults in the UK.
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: Pensions and Retirement Planning, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2022
Evaluation of National Strategies for Financial Literacy
This meta-evaluation covers a range (but not all) of OECD countries, which are in themselves often regarded as high-income economies. Care should therefore be taken not to assume they are representative of all nations.
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 Capability
Country/Countries: Other
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
Your mind, your money. SmartPurse white paper on women’s financial mindset.
A white paper from SmartPurse, outlining the importance of money mindset, how that affects relationships with money, and how to create a positive money mindset to unlock money potential.
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, Switzerland
Year of publication: 2021
Access to Debt Advice During Covid-19
A qualitative study of the effect the closure of in-person services during the pandemic had on the accessibility and delivery of debt advice in the UK.
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, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2022
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
Financial wellbeing in the workplace: an evidence review
This review sought to explore what is known in the scientific literature about the impact of financial distress on workplace performance. It generated evidence-based insight and practical recommendations for addressing employee financial wellbeing in the workplace.
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: Budgeting and Keeping Track, Financial Capability
Country/Countries: United Kingdom
Year of publication: 2021
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 Campaign for Learning’s ‘Love Learning about Money Together’ pilot
Love Learning about Money Together is a blended family learning programme to help parents of children under seven talk to their children about money.
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, Scotland, Wales
Year of publication: 2022
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
