The Essential Ingredients of an Effective Financial Education Programme

by Akhand Tiwari, Nitish Narain and Akhilesh Singh
Sep 3, 2014
1 min

In this Briefing Note we discuss areas that we think were critical to the design of the financial education programme – the essential ingredients.

MicroSave designed a financial education module to test an alternative approach to financial education that is central to the social and commercial objectives of financial service providers rather than on the periphery of their strategic direction. The implementation of the financial education module provided us encouraging results. In this Briefing Note we discuss areas that we think were critical to the design of the programme – the essential ingredients. By including these ingredients in design of FE programme design both implementers and clients get a break from traditional, monologue-based FE programmes, while financial service providers benefit from the resultant increase in business.