A rapid review of initiatives to address financial strain and wellbeing in high-income contexts
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The COVID-19 pandemic has exacerbated financial strain among populations worldwide. This is concerning, given the link between financial strain and health, however, there is little evidence to guide action in this area, particularly from a public health perspective.
To address this gap, researchers conducted a rapid review and analysis with an equity-focused lens. They found that holistic initiatives (i.e., complex, wrap-around) that ensured people’s basic needs were met (for example, before building financial skills) were aligned with positive and equitable financial wellbeing and financial strain outcomes, as reported in the reviewed studies. They noted significant gaps in the literature related to equity, such as the impact of initiatives on socially excluded populations (e.g., Indigenous peoples, racialised peoples, and rural dwellers). More research using a public health lens is required to guide equitable and sustainable action in this area.
