This brief summarizes key findings from a pilot study of MyBudgetCoach (MyBC).1 MyBC is a financial coaching program designed to help low- and moderate-income adults develop budgeting skills and work towards their financial goals. Trained coaches use the program’s online platform (MyBudgetCoach.org) to deliver a financial capability curriculum. Even when using trained volunteers as coaches, financial coaching is administratively intensive and therefore difficult to bring to scale. Technology-driven approaches offer promise in helping to position financial coaching programs for growth and replication. This study explores how the online MyBC platform may contribute to this goal.
MyBudgetCoach Pilot Evaluation: Final Report