The InCharge Education Foundation COPE Scale™

The InCharge Education Foundation COPE Scale™ is an instrument constructed to help assess the changes, advances and progress people make with respect to their financial condition over time. The Foundation holds the view that financial education, credit counseling and debt management can contribute to reducing financial distress and improving financial well-being. To accurately track changes over time, a need existed for a valid and reliable scale that can be used diagnostically to gauge financial wellness or distress. The purpose of this report is to describe the COPE Scale™  and to report national standards (norms) on financial distress and well-being produced using the procedure.

 

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  1st Quarter 2006 Findings