Financial capability is the ability to make informed decisions about the use and management of one’s money. IPA’s Financial Capability Initiative incubates, develops, and rigorously evaluates products and programs that improve the ability of the poor to make informed, welfare-enhancing financial decisions by supporting tests and evaluations of innovative product designs and product-linked financial education interventions that aim to improve financial capability.


Despite good intentions, people often make less-than-optimal financial choices. In this series, we match insights from our global research in behavioral economics with specific financial service...