Work

Money management for the severe and persistently mentally ill

Year: 2014
Type: dissertation
Study design: Clinical Trial
Abstract: Five men diagnosed with Severe and Persistent Mental Illness (SPMI) were recruited from a partial care program to participate in a study on the efficacy of teaching money management skills. The participants were also assessed on perceived stress, financial strain, and symptomology. The men were randomly assigned to either an experimental group or a waitlist control group; both groups received an intervention for money management consisting of a workshop on budgeting and weekly coaching based on expenses. Participants in the experimental group received the money management class immediately after a pretest baseline was established and the wait-list control group received the intervention three weeks later. No significant findings emerged; however, trends revealed improvement in budgeting skills and a reduction in perceived stress.
Language: English
Field: Medicine
Open Access status: green
OpenAlex ID: W1773943901
Cites: 22
Cited by: 1
Related to: 10