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

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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.

Keywords: coaching, solution-focused brief coaching, VITA, savings intervention, savings motivation

How to Cite:

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). doi: https://doi.org/10.4148/1944-9771.1103

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Published on
2016-09-09