How to Plan your Money Management Intervention
What is a money management intervention?
It’s anything which will improve students’ financial capability (“their ability to manage money well, both day to day and through significant life events, and their ability to handle periods of financial difficulty” – Financial Capability Strategy for the UK, page 6).
It could be a face-to-face meeting with a student, a workshop for a small group of students, an event for a larger group of students or a campaign. Or something entirely different! As long as you think it will improve your students’ ability to manage their money it counts as an intervention. It doesn’t have to be large-scale or complex, it can be something very simple.
When you come to plan to provide money management support for students, the template will help you decide:
- who is your workshop/session/intervention aimed at (e.g. Male students who are disengaged/overwhelmed with their finances)
- what is your goal (e.g. To encourage more male students to seek money management support)
- what outcomes do you want to see (e.g. A 50% increase of men seeking money management support)
- what activities will your intervention consist of (e.g. Real-life, relatable stories published in the monthly on-line newsletter, with a call to action to attend a drop-in session
- what will your outputs be (e.g. On-line article, drop-in session materials)