Managing Money: A Caregiver’s Guide to Finances
Author Information
Author(s): Grant Claire, Judge Katherine, Stratton Lauren, Moreno Monica, Fazio Sam
Primary Institution: Cleveland State University
Hypothesis
Can an online program for caregivers effectively address the financial impacts of caregiving?
Conclusion
The program was found to be acceptable and feasible, with long-term effects in reducing unmet needs and distress around finances.
Supporting Evidence
- The synchronous program had a sample size of 179 and the asynchronous version had 146 caregivers.
- Participants reported high satisfaction with the program on a Likert scale.
- Long-term effects included reduced unmet needs and increased likelihood to improve financial situations.
Takeaway
This study created a program to help caregivers manage money better, and it worked well for them.
Methodology
The synchronous program was evaluated as a randomized controlled trial (RCT) with 179 participants, and the asynchronous version was evaluated in a one-arm study with 146 caregivers.
Participant Demographics
Mean age of participants was 55.03 years for the synchronous group and 45.85 years for the asynchronous group, with a majority being white and caring for a parent or grandparent.
Digital Object Identifier (DOI)
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