Building a Bridge Between Financial Education and Financial Health

By Davide Castellani, Max Niño-Zarazua, Patricia López Rodríguez  and Waruguru Ituu in collaboration with the European Microfinance  Platform (e-MFP) ‘From Research to Practice and Back Again’ Action  Group, May 2023.

e-MFP is pleased to share with you the  Second Research Digest, "Building a Bridge Between Financial Education  and Financial Health", a publication of the ‘From Research to Practice  and Back Again’ Action Group (AG) aiming to explore research needs of  practitioners by compiling and translating research conducted in the  sector into practitioner-friendly language.

This publication  focuses on understanding the relationship between financial education  (FE) and financial health (FH), a still under-researched topic which is  gaining traction among practitioners and researchers having been  identified as one of the top research needs in a survey among financial  inclusion practitioners conducted by the AG. It delves into the  concepts/definitions, dimensions, and indicators related to FE and FH,  and collected insights on practice from relevant stakeholders, including  OECD, UNCDF, MSC, and Opportunity International in order to shed light  on the relationships between FE and FH, and how these can ultimately  contribute to improve the lives of low-income populations.