Table 3.
Characteristics of full sample, control, treatment, completer, and non-completer groups, percentages and means
| No. of obs | Full sample | Control | Treatment | Completer | Non-comp. | |
|---|---|---|---|---|---|---|
| (full sample) (1) |
nfull = 142 (2) |
ncont = 72 (3) |
ntreat = 70 (4) |
ncomp = 92 (5) |
nnoncomp = 50 (6) |
|
| Age | 135 | 45.852 | 45.544 | 46.164 | 45.430 | 46.591 |
| Gender (males) | 142 | 12.68% | 13.89% | 11.43% | 13.04% | 12.00% |
| Foreign born | 141 | 85.11% | 77.78% | 92.75%** | 85.87% | 83.67% |
| Mexican origin | 142 | 85.21% | 87.50% | 82.86% | 83.70% | 88.00% |
| Spanish native speaker | 142 | 89.44% | 86.11% | 92.86% | 91.30% | 86.00% |
| Speaks no English or poorly | 138 | 47.83% | 46.48% | 49.25% | 48.35% | 46.81% |
| Educational attainment | ||||||
| No High school completed | 138 | 34.06% | 31.88% | 36.23% | 36.67% | 29.17% |
| High school completed | 138 | 55.07% | 50.72% | 59.42% | 51.11% | 62.50% |
| College completed or more | 138 | 10.87% | 17.39% | 4.35%** | 12.22% | 8.33% |
| Household income | 60 | 22637 | 21107 | 24386 | 22634 | 22646 |
| Income less than 30000 | 60 | 70.00% | 68.75% | 71.43% | 68.18% | 75.00% |
| Employment status | ||||||
| Not employed | 138 | 23.19% | 20.00% | 26.47% | 23.86% | 22.00% |
| Employed part-time, self-employed, & temporal | 138 | 33.33% | 34.29% | 32.35% | 35.23% | 30.00% |
| Employed full-time | 138 | 43.48% | 45.71% | 41.18% | 40.91% | 48.00% |
| Financial Strain | 139 | 34.941 | 36.080 | 33.716 | 35.889 | 33.20%† |
| Had a bank account at some point in the study | 142 | 80.28% | 86.11% | 74.29%* | 84.78% | 72.00%* |
| Open myRA | 142 | 7.04% | 0.00% | 14.29%*** | 6.52% | 8.00% |
| Retirement knowledge, scale 0-10 | 142 | 1.606 | 1.416 | 1.800 | 1.413 | 1.960† |
| Retirement knowledge, scale 0-9 | 142 | 1.500 | 1.333 | 1.671 | 1.326 | 1.820† |
| Financial Management Behavior Scale (FMBS) | 142 | 2.575 | 2.593 | 2.556 | 2.592 | 2.542 |
| FMBS, Saving and investment subscale | 142 | 1.817 | 1.843 | 1.792 | 1.856 | 1.748 |
| FMBS, Cash management subscale | 142 | 3.495 | 3.452 | 3.538 | 3.433 | 3.608 |
| FMBS, Credit management subscale | 141 | 2.408 | 2.484 | 2.329 | 2.484 | 2.270 |
Percentages denoted with “%”, other variables denote means. All variables show values using data at baseline. We denote statistically significant differences between control and treatment, and between completer and non-completer groups at baseline.
†
p < 0.10.
*
p < .05.
**
p < .01.
***
p < .001.