Yale University
The specific aims of this study are to: i) collaboratively create a Financial Tools Access and Navigation (FinTAN) guide to assist persons and care providers to identify the potential utility of relevant financial products, and guide them in their use; ii) pilot test the feasibility and impact of using the FinTAN guide and the associated financial tools and services among people with SMI and those who assist them with their money management; iii) prepare for a future full-scale clinical trial of the FinTAN guide and relevant financial tools and services. The goal for this research project is to create a guide that can assist in creating a Supported Financial Decision Making (SFDM) arrangements, whereby persons with SMI can access the support they need with their finances while maximizing autonomy and flexibility over time.
Financial hardship and mental illness intersect in ways that have devastating consequences for millions of American. Financial hardship among people with SMI arises partly from meager disability benefits and/or low wages but is exacerbated when people have difficulty managing money due to their illness. This project will test an intervention that will guide people through the use of financial tools and services that may allow people to more effectively manage their own finances, receive assistance from another person in a way that maximizes that autonomy of the owner of the funds, and that off…
Inclusion Criteria: * 18 years of age or older who are using services at the Connecticut Mental Health Center * Self-identify as having money management challenges * Provide services at the community mental health center * Provide financial management support to people who have SMI Exclusion Criteria: * Vulnerable populations will not be recruited (ie prisoners, pregnant women, decisionally impaired).
FinTAN guide to assist participants and care providers to identify the potential utility of relevant financial products, and guide them in their use
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