Testing & Validating Financial Measures with IPV Survivors
This project builds on a previous study conducted by VAWC, “The Economic Empowerment of Survivors” which evaluated the impact of a financial education curriculum, the Moving Ahead Through Financial Management curriculum, on survivors’ economic outcomes. Results showed that intimate partner violence (IPV) survivors in the experimental group had significantly higher scores in financial attitudes, financial literacy, economic self-efficacy, economic self-sufficiency, financial intentions, and financial behaviors than those in the control group, and these positive changes remained over time.
The current project, Testing and Validating Financial Measures with IPV Survivors, used the data collected from the previous study and conducted further analyses to learn about the English and Spanish language scales used. The overall purpose of this project was first to analyze the measures used in the economic empowerment study (Phase I) and then validate the scales related to the financial experiences of women who have experienced IPV with a new sample of both English and Spanish-speaking IPV survivors (Phase II).
During Phase I, between June 2018 and September 2018, the original data from the evaluation of the Moving Ahead Through Financial Management was re-analyzed by separately examining the Spanish and English samples, and the financial scales were revised and finalized in English and Spanish. During Phase II, between November 2018 and January 2020, 425 women were recruited from seven agencies in New York, New Jersey, and Puerto Rico. Individual interviews were used to administer a questionnaire with the nine financial and abuse scales. Of the final sample, eight participants were removed due to missing data, duplication, or experience of violence other than IPV, resulting in a final analytical sample of 417 women, of which 209 completed the questionnaire in English and 208 completed the questionnaire in Spanish.
The results of this study indicate that the nine scales are appropriate tools to assess the economic empowerment and abusive experiences of IPV survivors whose primary language is English or Spanish. This study provides evidence of construct validity of the scales in both languages. Although further research is needed to test the measurement equivalence of four of the scales (Scale of Economic Self-Sufficiency, Financial Management Attitudes Scale, and the Scales of Financial Behaviors and Intentions), results demonstrated that language differences do not bias the Financial Knowledge Scale, Scale of Economic Self-Efficacy, Financial Strain Survey – R, Abusive Behavior Inventory – R2, and Scale of Economic Abuse – 12.