Evidence Map on Financial Health

Financial health as a concept feels instinctive in nature. However, its definition, measurement approaches and constituent elements are complex in practice and highly context-driven. Our on-ground experience of working with low-and-moderate-income (LMI) individuals and communities to realise financial health outcomes, have been inspired by a host of collaborations and extensive evidence contributed by other practitioners. In our journey towards financial health goals, we continue to gather a wide variety of experiments, research and learning work from across the globe that highlights pathways for improving financial lives of people.

As we put together this evidence map that is evolving with experience, our hope is that it is widely shared and used to design, test, and refine solutions that make the lives of LMI people financially secure, resilient, and filled with confidence.

About the evidence map

The evidence map acts as a ready reference for development practitioners, policymakers, and service providers to access available approaches, methods, research, and interventions in the realm of financial health. The evidence derives from and contributes to the global and regional dialogue and frameworks of financial health and its constituent elements.

How to use it

The evidence base includes reviews of interventions through the institutional and policy lens along with a sub-division of financial health components i.e. security, resilience, control and freedom. The readers can enhance their perspective by using the filters of the nature of interventions, regions, and the time of publication. The themes are also categorized by the contextual curiosity of the readers who want to understand the definitions, measurement applications or concepts related to financial health.

Part 1: Definitions, Measurement and Related Concepts

What is financial health and how do you measure it?

Understanding financial health and how to effectively measure it is key to creating products and policies that can positively impact consumers and citizens alike.

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Evidence Map 1

Part 2: Financial Services and Financial Health

Creating better services for better consumers

Private sectors play a vital role in improving the financial health of their customers.

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Evidence Map 1

Part 3: Women’s Economic Empowerment and Financial Health

Ensuring women are financially independent and healthy

Gender norms and biases adversely affect women’s economic empowerment and financial health.

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Evidence Map 1