VESTA: A GROUNDBREAKING TOOL FOR ENHANCING FINANCIAL LITERACY AND SCAM RESILIENCE AMONG OLDER ADULTS

Michael Barnett, Samuel Van Vleet, Rebekah Griffin, Matthew Fontanese, William Mallender, Harrison Boynton, Allyson Coldiron · 2024

Read VESTA: A GROUNDBREAKING TOOL FOR ENHANCING FINANCIAL LITERACY AND SCAM RESILIENCE AMONG OLDER ADULTS by Michael Barnett, Samuel Van Vleet, Rebekah Griffin, Matthew Fontanese, William Mallender, Harrison Boynton, Allyson Coldiron (2024) in the Tower of Babel, a free online library of public-domain works preserved in clean, searchable text. No sign-up. The full text is served as a plain-text file at a predictable URL, where text is present: https://antarctic-labs.com/tower-of-babel/pmc-11692114.txt.

Description

Michael Barnett and co-authors describe a tool called VESTA in a 2024 paper on money skills for older adults. VESTA copies real phone tasks, such as texting and mobile banking, in a safe test setting. It checks how well users handle payments, spot scams, and share facts with care. Scams and digital banking pose growing risks for this group.

Twenty older adults tried the tool and rated it on a five-point scale. They found it much like real life and easy to use. They also agreed it gave a fair read on scam risk, money handling, and trust choices. The team sees the tool as a way to test skills and teach safer habits at the same time.

Catalog record

CREATORMichael Barnett, Samuel Van Vleet, Rebekah Griffin, Matthew Fontanese, William Mallender, Harrison Boynton, Allyson Coldiron
YEAR2024
COLLECTIONPAPERS
FORMATTXT
FILE SIZE2 KB
VERSION1.0
LICENSECC BY 4.0
RIGHTSCC BY
SOURCEEurope PMC

Source: https://europepmc.org/articles/PMC11692114

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