How to evaluate a program focused on the relationship between financial well-being and physical health?

Welcome.

Your generosity is greatly appreciated.

To evaluate a program focused on the relationship between financial well-being and physical health, consider the following five key points:

Data collection: Collect data on participants' financial well-being and physical health indicators. This may involve assessing financial factors such as income, savings, debt, and financial stress levels, as well as physical health metrics like BMI, blood pressure, chronic conditions, and overall self-reported health. Ensure that appropriate measurement tools and validated scales are used.

Statistical analysis: Analyze the collected data using appropriate statistical methods. Conduct correlations, regression analyses, or structural equation modeling to explore the relationship between financial well-being and physical health. Identify any significant associations, mediation or moderation effects, or patterns in the data.

Program impact: Evaluate the program's effectiveness in improving financial well-being and physical health outcomes. Compare participants' pre- and post-program data to determine if the program has led to improvements in financial management skills, financial stability, and physical health indicators. Assess if the program has provided education, resources, or interventions to address financial stressors and promote healthy behaviors.

Participant feedback: Gather feedback from program participants through surveys, interviews, or focus groups. Assess their perceptions of the program's impact on their financial well-being and physical health. Identify specific aspects of the program that were helpful or areas that may need improvement. Consider qualitative data to gain a deeper understanding of the participants' experiences.

Long-term effects: Evaluate the sustainability and long-term effects of the program. Assess if the improvements in financial well-being and physical health are maintained over time. Conduct follow-up assessments at different intervals to measure the persistence of positive outcomes. Consider factors such as participant engagement, continued support, and the integration of learned skills into daily life.