Policy Target
Instrumental and symbolic value of money and assets
EVIDENCE-BASED STRATEGY
Initiatives acknowledge that the significance of economic resources is both instrumental (from a utilitarian approach/as a commodity) and symbolic (from a relational, value-based approach).
SAMPLE INDICATORS
- Number/percentage of people reporting not feeling judged for their cultural values shaping their financial decisions
- Number/percentage of people who report finding supportive environments to share their stories and lived experiences when discussing financial issues
EVIDENCE-BASED STRATEGY
Initiatives recognize the plurality of rationalities (e.g., solidarity and family relationships) operating in financial decision-making, which may go beyond and above weighing economic costs and benefits.
SAMPLE INDICATORS
- Perception about strategies being respectful to the people’s sociocultural values and meanings attributed to their economic resources
- Number/percentage of people who report not feeling bullied or intimidated by staff over financial matters
- Number/percentage of records of abusive interactions with staff during financial decision-making