According to a 2013 Federal Reserve Board Survey, technology is increasingly being used by people at all income levels to manage basic financial tasks. With the popularity of smart phones increasing the convenience and accessibility of the internet, combined with the ever increasing public access to computers in places such as libraries, schools, and the workplace, the opportunity to utilize online innovations as a tool or complement to financial capability is growing. This brief offers examples of strategies that are available to financial coaches and financial coaching participants interested in adding technology use to their financial coaching experience.
MyBudgetCoach Pilot Study: Summary of Findings