The Financial Self-Efficacy Scale (FSES)
The Financial Self-Efficacy Scale (FSES) is a 6-item scale that measures how respondents manage certain financial problems and how they cope with setbacks. The FSES scores are expected to correlate with the respondent's level of confidence in being able to manage money to last for a lifetime (into retirement). The FSES can help financial literacy programs better understand, guide, and motivate their clients. The FSES can be administered pre-post intervention.