This seems reasonable. Summary WFIP was designed to improve the financial well-being of individuals and families. Participants receive challenges to adopt successful financial management practices from professional speakers, use the workbook, and actively participate as a member of a small group. It is important for financial management educators to understand the conditions supportive of adoption of financial management practices. Then educators can target programs effectively, obtain the most effective speakers, and encourage participants to use the workbooks during and after the series of lessons.
Continued research is needed to determine additional factors affecting program effectiveness.
It may be useful to compare the number of recommended practices adopted in a larger sample to see if findings are consistent among participants. Family cash-flow budgeting. The critical role of social action in empowerment oriented groups. Patterns of family financial management. An exploratory analysis.