This chapter summarises the approaches taken to measuring financial literacy at the national level, and makes recommendations for developing a survey instrument that could capture financial literacy across a range of countries. It also describes the questions most frequently used to capture financial literacy, and identifies those which might be used in an international survey. It goes on to discuss the most appropriate survey method and briefly discusses possible ways of analysing the resulting data.

It is still relatively unusual for financial education programmes to be evaluated. In this chapter, the main benefits of programme evaluation are discussed, along with the challenges faced by evaluation designers and the resulting limitations of existing evaluations. A five tier evaluation framework is assessed as a potential solution to improve evaluation design whilst still allowing flexibility.