The Impact of Family Financial Support on Cognition
|ClinicalTrials.gov Identifier: NCT02723318|
Recruitment Status : Completed
First Posted : March 30, 2016
Last Update Posted : October 26, 2017
|Condition or disease||Intervention/treatment||Phase|
|Impaired Cognition||Behavioral: Financial Coaching Behavioral: Access to Referrals to Social Services||Not Applicable|
Financial coaching is a new tool in the field of community development, but it has already demonstrated significant financial impact in a number of studies, including one randomized trial conducted by the Urban Institute. Financial coaching improves participant financial literacy, budgeting, saving for financial emergencies, and debt level. The investigators' project will help clinicians and the field of community economic development understand health and well-being through a new economic lens and assess the health-related impacts of the emerging field of financial coaching. The investigators have partnered with financial coaching organizations to establish what they have termed a "Medical-Financial Partnership (MFP)" that offers financial coaching to improve financial and mental health. The investigators will evaluate the MFP's impact on cognition using the Patient Reported Outcomes Measurement Information System (PROMIS) Cognitive Abilities Short Form.
Community-based participants will be recruited from South Los Angeles and randomized to receive either monthly financial coaching plus access to referral for social services (intervention) or access to referral for social services alone (control). Inclusion criteria include having dependents under age 18, having some form of income, and having a tax identification number (social security number or Individual tax identification number). Participants will be surveyed quarterly regarding their cognition using the PROMIS Cognitive Abilities Short Form 8-item survey.
|Study Type :||Interventional (Clinical Trial)|
|Actual Enrollment :||150 participants|
|Intervention Model:||Parallel Assignment|
|Masking:||None (Open Label)|
|Primary Purpose:||Health Services Research|
|Official Title:||The Impact of Family Financial Support on Cognition|
|Study Start Date :||March 2016|
|Actual Primary Completion Date :||October 2017|
|Actual Study Completion Date :||October 2017|
Experimental: Financia Coaching & Social Services Referrals
Enrollment in one-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.
Behavioral: Financial Coaching
One-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.Behavioral: Access to Referrals to Social Services
Active Comparator: Social Services
Enrollment in the control arm offers access to social services referrals.
|Behavioral: Access to Referrals to Social Services|
- Cognition [ Time Frame: Up to one year (if possible) ]Cognitive abilities will be assessed using the PROMIS Cognitive Abilities Survey short form 8a
Please refer to this study by its ClinicalTrials.gov identifier (NCT number): NCT02723318
|United States, California|
|Los Angeles, California, United States, 90007|
|Principal Investigator:||Adam Schickedanz, MD||University of California, Los Angeles|