Promoting Savings at Tax Time through a Video-Based Solution-Focused Brief Coaching Intervention

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Authors
Palmer, Lance
Pichot, Teri
Kunovskaya, Irina
Issue Date
2016
Type
Article
Language
en_US
Keywords
coaching , solution-focused brief coaching , VITA , savings intervention , savings motivation
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Abstract
Solution-focused brief coaching, based on solution-focused brief therapy, is a well-established practice model and is used widely to help individuals progress toward desired outcomes in a variety of settings. This papers presents the findings of a pilot study that examined the impact of a video-based solution-focused brief coaching intervention delivered in conjunction with income tax preparation services at a Volunteer Income Tax Assistance location (n = 212). Individuals receiving tax preparation assistance were randomly assigned to one of four treatment groups: 1) control group; 2) video-based solution-focused brief coaching; 3) discount card incentive; 4) both the video-based solution-focused brief coaching and the discount card incentive. Results of the study indicate that the video-based solution-focused brief coaching intervention increased both the frequency and amount of self-reported savings at tax time. Results also indicate that financial therapy based interventions may be scalable through the use of technology.
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Palmer, L., Pichot, T., & Kunovskaya, I. (2016). Promoting Savings at Tax Time through a Video-Based Solution-Focused Brief Coaching Intervention. Journal of Financial Therapy, 7 (1) 2. https://doi.org/10.4148/1944-9771.1103
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