Premium
Empowering migrant domestic helpers through financial education
Author(s) -
Zhou Huiquan,
Dai Haijing,
Jung Nahri
Publication year - 2020
Publication title -
international journal of social welfare
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.664
H-Index - 47
eISSN - 1468-2397
pISSN - 1369-6866
DOI - 10.1111/ijsw.12385
Subject(s) - financial literacy , business , migrant workers , financial services , economic growth , finance , public relations , political science , economics
The provision of financial education for migrant domestic helpers is an important service that could enhance their financial well‐being and the well‐being of their families. However, in that migrant domestic helpers are often excluded from protection in the host country, such services are few and empirical research in this area is rare. In this article, we report the findings of an evaluation study on a financial literacy education programme provided by a Hong Kong organisation serving Filipina and Indonesian migrant domestic workers. Using a quasi‐experimental design, we confirmed the effectiveness of the programme. Participants who attended the programme developed improved financial knowledge and behaviour. Their general self‐efficacy and financial self‐efficacy were also enhanced. Key Practitioner Message: • Migrant domestic helpers’ financial well‐being is enhanced through intensive financial education in financial knowledge and behaviour; • Migrant domestic helpers’ self‐efficacy is strengthened through peer discussion of financial education; • Effective services for migrant workers in the host country need to be in the migrants’ native language and be culturally sensitive.