Effectiveness of Internet-based Self-help Money Management Program Among Adult With Severe Mental Illness

NCT ID: NCT05686304

Last Updated: 2024-02-28

Basic Information

• Recruitment Status: COMPLETED
• Clinical Phase: NA
• Total Enrollment: 130 participants
• Study Classification: INTERVENTIONAL
• Study Start Date: 2022-09-01
• Study Completion Date: 2023-12-31

Brief Summary

This experimental study aims to develop an internet-based self-help money management program that improve financial self-efficacy and its associated adverse outcomes among adult population with severe mental illness. In particular, this study compares the efficacy of the internet-delivered self-help money management program with the wait-list control group.

The online money management program course will consist of 4 weekly modules, incorporating the key components of money management and the Model of Human Occupation (MOHO). The program include the concept of money management, money management skill, and risk of financial exploitation. The main component of each module will be presented in video format, quiz, and homework. Materials will be presented interactively to facilitate engagement.

Detailed Description

Money management is necessary for people with severe mental illness (SMI) to live safely in the community. Collective evidence has suggested that mental disorder leads to drift into poverty, is strong. Most of them struggle to meet basic needs with their existing income. Financial instability has been consistently linked to an increased risk of relapse. This experimental study aims to develop an internet-based self-help money management program that improve financial self-efficacy and its associated adverse outcomes among adult population with severe mental illness. Its efficacy will be compared with the wait-list control group. We hypothesized that (1) participants who received a money management program will improve financial self-efficacy after the intervention as compared with the wait-list controls; (2) participants from the money management program will have better financial well-being after the intervention as compared with the wait-list controls.

The online money management program course will consist of 4 weekly modules, incorporating the key components of money management and the Model of Human Occupation (MOHO), including the concept of money management, money management skill, and risk of financial exploitation. Each module will consist of the main component presented in video format, quiz, and homework. Materials will be presented interactively to facilitate engagement.

Conditions

Severe Mental Illness

Study Design

• Allocation Method: RANDOMIZED
• Intervention Model: PARALLEL
• Primary Study Purpose: SUPPORTIVE_CARE
• Blinding Strategy: DOUBLE

Study Groups

Money management group

Participants in the money management condition start the 4-week money management program immediately after randomization and complete the post-intervention assessment right after they finish the treatment. They will be invited to participate in an interview after completing the post-intervention assessment.

Group Type: EXPERIMENTAL

Internet-based self-help money management program

Intervention Type: BEHAVIORAL

The online money management program course will consist of 4 weekly modules, incorporating the key components of money management and the Model of Human Occupation (MOHO), including the concept of money management, money management skill, and risk of financial exploitation.

Waitlist control group

Participants in the waitlist control group will wait for 4 weeks without the money management program and then complete the post-intervention assessment. The waitlist control participants will start a money management program (equivalent to that of the money management group) immediately after completing the post-intervention assessment.

Group Type: NO_INTERVENTION

No interventions assigned to this group

Interventions

Internet-based self-help money management program

The online money management program course will consist of 4 weekly modules, incorporating the key components of money management and the Model of Human Occupation (MOHO), including the concept of money management, money management skill, and risk of financial exploitation.

Intervention Type: BEHAVIORAL

Eligibility Criteria

Inclusion Criteria

• Hong Kong residents
• Age ≥18 years
• Carrying a diagnosis of mental illness
• Being able to read Chinese
• Have a computer, tablet and/or smartphone device with Internet access
• Willing to give informed consent and comply with the trial protocol

Exclusion Criteria

Nil

• Minimum Eligible Age: 18 Years
• Eligible Sex: ALL
• Accepts Healthy Volunteers: No

Sponsors

Baptist Oi Kwan Social Service

OTHER

Sponsor Role: collaborator

Education University of Hong Kong

OTHER

Sponsor Role: lead

Responsible Party

CHAN Ka Shing Kevin

Associate Professor, Head of Department of Psychology

Responsibility Role: PRINCIPAL_INVESTIGATOR

Principal Investigators

Kevin, Ka Shing CHAN

Role: PRINCIPAL_INVESTIGATOR

The Education University of Hong Kong

Locations

Baptist Oi Kwan Social Service

Hong Kong, , Hong Kong

The Education University of Hong Kong

Hong Kong, , Hong Kong

Countries

Hong Kong

Other Identifiers

2021-2022-0425

Identifier Type: -

Identifier Source: org_study_id