As efforts to expand financial access and inclusion have met with substantial success in developing countries, it has become increasingly important to understand the impact of using new financial products and services on people’s financial health and well-being. To provide better measurement of the outcomes of financial inclusion, in 2017 FII adopted the global framework for measuring financial health developed by the Center for Financial Inclusion at Accion. FII's implementation of the framework uses a set of survey questions on financial planning and prioritization, balancing income and expenses, building and maintaining reserves, securing the future, and practical financial management.
The financial health survey includes eight questions designed to capture different dimensions of health:
Respondents are asked to rate how much they agree or disagree with these statements, and their responses are mapped to a scale that ranges from 1 (low financial health) to 5 (high financial health).