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The Impact of Family Financial Support on Parental Mental Health

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.
 
ClinicalTrials.gov Identifier: NCT02723357
Recruitment Status : Completed
First Posted : March 30, 2016
Last Update Posted : October 26, 2017
Sponsor:
Information provided by (Responsible Party):
Adam Schickedanz, University of California, Los Angeles

Study Description
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Brief Summary:
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 or disease Intervention/treatment Phase
Financial Coaching Mental Disorders Social Determinants Medical-Financial Partnership Toxic Stress Behavioral: Financial Coaching Behavioral: Access to Social Service Referrals Not Applicable

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.

Study Design
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Study Type : Interventional  (Clinical Trial)
Estimated Enrollment : 150 participants
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
Study Start Date : March 2016
Actual Primary Completion Date : October 2017
Actual Study Completion Date : October 2017

Resource links provided by the National Library of Medicine


Arms and Interventions
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Arm Intervention/treatment
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.


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


Eligibility Criteria
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Ages Eligible for Study:   Child, Adult, Older Adult
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
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Top of Page Study Description Study Design Arms and Interventions Outcome Measures Eligibility Criteria Contacts and Locations More Information

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
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United States, California
LIFT-LA in Affiliation with UCLA
Los Angeles, California, United States, 90007
Sponsors and Collaborators
University of California, Los Angeles
Investigators
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Principal Investigator: Adam Schickedanz, MD University of California, Los Angeles
More Information
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Top of Page Study Description Study Design Arms and Interventions Outcome Measures Eligibility Criteria Contacts and Locations More Information
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Responsible Party: Adam Schickedanz, Clinical Instructor and Clinical Scholar, University of California, Los Angeles
ClinicalTrials.gov Identifier: NCT02723357    
Other Study ID Numbers: UCLASchickedanzFCMH
First Posted: March 30, 2016    Key Record Dates
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:
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Mental Disorders