Department of Public Administration, Sejong University, Seoul, South Korea.
Wells Fargo, San Francisco, California, USA.
J Am Coll Health. 2024 Dec;72(9):3690-3702. doi: 10.1080/07448481.2023.2191142. Epub 2023 Apr 21.
To study the impact of a financial education program on financial well-being among college students.
162 students at a university.
We designed a digital educational intervention to improve money management practices and financial well-being among college students, where we delivered weekly nudges for three months via mobile phone and email to review and complete activities from the online platform CashCourse. We evaluated our intervention using a randomized controlled trial (RCT), and the outcome variables of interest were the financial self-efficacy scale (FSES) and financial health score (FHS).
Using a difference-in-difference regression analysis we found that students in the treatment group were significantly more likely to pay their bills on time after the intervention compared to the control group. Students who had higher than median financial self-efficacy level reported lower stress levels related to COVID-19.
Digital education programs for college students to improve financial knowledge and behavior could be one strategy, among others, to improve financial self-efficacy particularly among females and help mitigate the adverse impact from unexpected financial hardships.
研究金融教育计划对大学生财务幸福感的影响。
一所大学的 162 名学生。
我们设计了一个数字教育干预措施，以改善大学生的理财实践和财务幸福感，通过手机和电子邮件每周向他们发送提示，为期三个月，以查看和完成在线平台 CashCourse 上的活动。我们使用随机对照试验 (RCT) 评估了我们的干预措施，感兴趣的结果变量是财务自我效能感量表 (FSES) 和财务健康评分 (FHS)。
使用差异中的差异回归分析，我们发现干预后，治疗组的学生按时支付账单的可能性明显高于对照组。财务自我效能感水平高于中位数的学生报告与 COVID-19 相关的压力水平较低。
针对大学生的数字教育计划可以提高金融知识和行为，这可能是改善财务自我效能感的策略之一，特别是对于女性，可以帮助减轻意外财务困难的不利影响。
