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The Impact of Family Financial Support on Cognition

Primary Purpose

Impaired Cognition

Status

Completed

Phase

Not Applicable

Locations

United States

Study Type

Interventional

Intervention

Financial Coaching

Access to Referrals to Social Services

About this trial

This is an interventional health services research trial for Impaired Cognition focused on measuring Cognition, Financial Coaching, Social Determinants of Health, Socioeconomic Status

Eligibility Criteria

undefined - undefined (Child, Adult, Older Adult)All SexesAccepts Healthy Volunteers

Inclusion Criteria:

Participants will be included if they are caregivers/parents of one or more dependents, have some form of income, and have a tax identification number.

Exclusion Criteria:

Inability to take part in financial coaching due to disability or primary language other than English or Spanish.

Sites / Locations

LIFT-LA

Arms of the Study

Arm 1

Arm 2

Arm Type

Experimental

Active Comparator

Arm Label

Financia Coaching & Social Services Referrals

Social Services

Arm Description

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.

Enrollment in the control arm offers access to social services referrals.

Outcomes

Primary Outcome Measures

Cognition

Cognitive abilities will be assessed using the PROMIS Cognitive Abilities Survey short form 8a

Secondary Outcome Measures

Full Information

NCT ID

NCT02723318

First Posted

March 25, 2016

Last Updated

October 24, 2017

Sponsor

University of California, Los Angeles

1. Study Identification

Unique Protocol Identification Number

NCT02723318

Brief Title

The Impact of Family Financial Support on Cognition

Official Title

The Impact of Family Financial Support on Cognition

Study Type

Interventional

2. Study Status

Record Verification Date

October 2017

Overall Recruitment Status

Completed

Study Start Date

March 2016 (undefined)

Primary Completion Date

October 2017 (Actual)

Study Completion Date

October 2017 (Actual)

3. Sponsor/Collaborators

Responsible Party, by Official Title

Principal Investigator

Name of the Sponsor

University of California, Los Angeles

4. Oversight

Data Monitoring Committee

5. Study Description

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 cognition using the Patient Reported Outcomes Measurement Information System (PROMIS) Cognition Short form 8a.

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 cognition using the Patient Reported Outcomes Measurement Information System (PROMIS) Cognitive Abilities Short Form. 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 cognition using the PROMIS Cognitive Abilities Short Form 8-item survey.

6. Conditions and Keywords

Primary Disease or Condition Being Studied in the Trial, or the Focus of the Study

Impaired Cognition

Keywords

Cognition, Financial Coaching, Social Determinants of Health, Socioeconomic Status

7. Study Design

Primary Purpose

Health Services Research

Study Phase

Not Applicable

Interventional Study Model

Parallel Assignment

Masking

None (Open Label)

Allocation

Randomized

Enrollment

150 (Actual)

8. Arms, Groups, and Interventions

Arm Title

Financia Coaching & Social Services Referrals

Arm Type

Experimental

Arm Description

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.

Arm Title

Social Services

Arm Type

Active Comparator

Arm Description

Enrollment in the control arm offers access to social services referrals.

Intervention Type

Behavioral

Intervention Name(s)

Financial Coaching

Intervention Description

One-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.

Intervention Type

Behavioral

Intervention Name(s)

Access to Referrals to Social Services

Primary Outcome Measure Information:

Title

Cognition

Description

Cognitive abilities will be assessed using the PROMIS Cognitive Abilities Survey short form 8a

Time Frame

Up to one year (if possible)

10. Eligibility

Sex

All

Accepts Healthy Volunteers

Eligibility Criteria

Inclusion Criteria: Participants will be included if they are caregivers/parents of one or more dependents, have some form of income, and have a tax identification number. Exclusion Criteria: Inability to take part in financial coaching due to disability or primary language other than English or Spanish.

Overall Study Officials:

First Name & Middle Initial & Last Name & Degree

Adam Schickedanz, MD

Organizational Affiliation

University of California, Los Angeles

Official's Role

Principal Investigator

Facility Information:

Facility Name

LIFT-LA

City

Los Angeles

State/Province

California

ZIP/Postal Code

90007

Country

United States

12. IPD Sharing Statement

Plan to Share IPD

IPD Sharing Plan Description

Participant consent did not include data sharing and there is no appropriate repository for data to be shared through.

Learn more about this trial

The Impact of Family Financial Support on Cognition

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