
74: Building Financial Wellness: Randomized Control Trial of a Financial Education and Support Intervention
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Dr. Judith Cook (University of Illinois Chicago) joins Dr. Dixon and Dr. Berezin to discuss an intervention designed to help improve financial literacy and competency and reduce economic strain for people receiving services for psychiatric disorders.
Transcript
- 00:57 Psychiatric services research
- 02:05 Clinical work and Thresholds
- 03:46 Current role
- 04:23 Why does financial wellness matter for this population?
- 06:43 Psych rehab
- 08:05 Spending triggers
- 10:59 A psych rehab framework
- 12:53 Financial wellness
- 14:10 Beyond trans-diagnostic
- 16:24 The curriculum
- 20:10 Receiving a good financial education
- 21:32 Top line findings of the trial
- 25:07 The emotional context of financial wellness
- 25:55 Trained peer instructors
- 27:34 Policymaker takeaways
- 30:30 Financial literacy does not imply financial wellness
- 32:07 Small goals towards financial wellness
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