1. The Impact of a Personal Finance Education Course on Financial Confidence and Markers of Financial Stress among Medical Residents: A Longitudinal Pilot Study
- Author
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Tiffany Chioma Anaebere, Maria Guevara Hernandez, D Brian Wood, Deepa Dongarwar, Sylvia Adu-Gyamfi, Joseph Moran, George Idehen, Ethan Luong, Angela Park, Lydia Meece, and Hamisu M. Salihu
- Subjects
Special aspects of education ,LC8-6691 ,Medicine (General) ,R5-920 - Abstract
OBJECTIVES The adverse effects of physician stress on health system performance are well documented. Financial stress is a notable cause of anxiety in medical residents; however, most residency programs lack formal, comprehensive financial education programs. Early single-center studies link financial education interventions to improved immediate fiscal well-being, but programs evaluating its long-term effects are lacking. METHODS Fifty (50) Emergency Medicine and Internal Medicine resident physicians from CommonSpirit Health's St. Joseph's Medical Center in Stockton, CA and Mercy One Medical Center in Des Moines, IA participated in a virtual 8-hour financial education course in April 2022. Participants completed pre-, post-, and 18-month follow-up course surveys to measure financial confidence in seven financial domains and six markers of stress of financial origin (SOFO). RESULTS Forty (40) of 50 residents (80%) completed the pre-and post-course surveys and 19 (38%) completed pre-, post-, and 18-month follow-up surveys. Immediately after the course, there was a statistically significant increase in financial confidence in all seven course domains (p
- Published
- 2024
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