We are updating the design of this site. Learn more.
Show more
ClinicalTrials.gov
ClinicalTrials.gov Menu

The Impact of Family Financial Support on Parental Mental Health

This study has been completed.
Sponsor:
ClinicalTrials.gov Identifier:
NCT02723357
First Posted: March 30, 2016
Last Update Posted: October 26, 2017
The safety and scientific validity of this study is the responsibility of the study sponsor and investigators. Listing a study does not mean it has been evaluated by the U.S. Federal Government. Read our disclaimer for details.
Information provided by (Responsible Party):
Adam Schickedanz, University of California, Los Angeles
  Purpose
The investigators have partnered with financial coaching organizations to establish what the investigators 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 mental health using the Kessler-6 emotional distress scale.

Condition Intervention
Financial Coaching Mental Disorders Social Determinants Medical-Financial Partnership Toxic Stress Behavioral: Financial Coaching Behavioral: Access to Social Service Referrals

Study Type: Interventional
Study Design: Allocation: Randomized
Intervention Model: Parallel Assignment
Masking: None (Open Label)
Primary Purpose: Health Services Research
Official Title: The Impact of Family Financial Support on Parental Mental Health

Resource links provided by NLM:


Further study details as provided by Adam Schickedanz, University of California, Los Angeles:

Primary Outcome Measures:
  • Mental Health [ Time Frame: Up to one year (if possible) ]
    Mental health as assessed by the Kessler-6 scale of emotional distress


Estimated Enrollment: 150
Study Start Date: March 2016
Study Completion Date: October 2017
Primary Completion Date: October 2017 (Final data collection date for primary outcome measure)
Arms Assigned Interventions
Experimental: Financial Coaching & Access to Services
Participants in this arm will receive monthly financial coaching and access to basic social service referrals until either one year, closure of all financial needs, or loss to follow up.
Behavioral: Financial Coaching
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: Access to Social Service Referrals
Access to referrals for common social needs.
Active Comparator: Access to Services
Participants in this arm will receive access to basic social service referrals until either one year, closure of all financial needs, or loss to follow up.
Behavioral: Access to Social Service Referrals
Access to referrals for common social needs.

Detailed Description:

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 mental health using the Kessler-6 emotional distress scale as the outcome variable.

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 mental health using the Kessler-6 emotional distress scale.

  Eligibility

Information from the National Library of Medicine

Choosing to participate in a study is an important personal decision. Talk with your doctor and family members or friends about deciding to join a study. To learn more about this study, you or your doctor may contact the study research staff using the contacts provided below. For general information, Learn About Clinical Studies.


Ages Eligible for Study:   Child, Adult, Senior
Sexes Eligible for Study:   All
Accepts Healthy Volunteers:   Yes
Criteria

Inclusion Criteria:

  • Caregivers/Parents with one or more child dependents, income of any sort, and a tax identification number.

Exclusion Criteria:

  • Inability to partake in financial coaching due to physical limitations or primary language other than Spanish or English.
  Contacts and Locations
Information from the National Library of Medicine

To learn more about this study, you or your doctor may contact the study research staff using the contact information provided by the sponsor.

Please refer to this study by its ClinicalTrials.gov identifier (NCT number): NCT02723357


Locations
United States, California
LIFT-LA in Affiliation with UCLA
Los Angeles, California, United States, 90007
Sponsors and Collaborators
University of California, Los Angeles
Investigators
Principal Investigator: Adam Schickedanz, MD University of California, Los Angeles
  More Information

Responsible Party: Adam Schickedanz, Clinical Instructor and Clinical Scholar, University of California, Los Angeles
ClinicalTrials.gov Identifier: NCT02723357     History of Changes
Other Study ID Numbers: UCLASchickedanzFCMH
First Submitted: March 24, 2016
First Posted: March 30, 2016
Last Update Posted: October 26, 2017
Last Verified: October 2017
Individual Participant Data (IPD) Sharing Statement:
Plan to Share IPD: No

Keywords provided by Adam Schickedanz, University of California, Los Angeles:
Financial Coaching
Mental Health
Social Determinants
Medical-Financial Partnership
Toxic Stress

Additional relevant MeSH terms:
Mental Disorders
Psychotic Disorders
Schizophrenia Spectrum and Other Psychotic Disorders