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CTRI Number  CTRI/2024/09/073890 [Registered on: 13/09/2024] Trial Registered Prospectively
Last Modified On: 12/09/2024
Post Graduate Thesis  Yes 
Type of Trial  Observational 
Type of Study   Cross Sectional Study 
Study Design  Other 
Public Title of Study   Relation between Financial Skills and Financial Well-being in People with Mental Illness in Southern India 
Scientific Title of Study   Relationship between Financial Skills and Financial Well-being among Individuals with Severe Mental Illness from Tertiary Hospital in Southern India 
Trial Acronym  NIL 
Secondary IDs if Any  
Secondary ID  Identifier 
NIL  NIL 
 
Details of Principal Investigator or overall Trial Coordinator (multi-center study)  
Name  Riya Vyas 
Designation  Post Graduate student  
Affiliation  Manipal College of Health Professionals 
Address  Department of Occupational Therapy, MCHP, Manipal Academy of Higher Education, Manipal

Udupi
KARNATAKA
576104
India 
Phone  9913349555  
Fax    
Email  riyavinodvyas@gmail.com  
 
Details of Contact Person
Scientific Query
 
Name  Dr Vinita Acharya 
Designation  Associate Professor 
Affiliation  Manipal College of Health Professionals 
Address  Department of Occupational Therapy, MCHP, Manipal Academy of Higher Education, Manipal

Udupi
KARNATAKA
576104
India 
Phone  9986071111  
Fax    
Email  vinita.acharya@manipal.edu  
 
Details of Contact Person
Public Query
 
Name  Dr Vinita Acharya 
Designation  Associate Professor 
Affiliation  Manipal College of Health Professionals 
Address  Department of Occupational Therapy, MCHP, Manipal Academy of Higher Education, Manipal

Udupi
KARNATAKA
576104
India 
Phone  9986071111  
Fax    
Email  vinita.acharya@manipal.edu  
 
Source of Monetary or Material Support  
Kasturba Hospital, Hebri road, Madhav Nagar, Manipal, Karnataka- 576104, India 
 
Primary Sponsor  
Name  Riya Vyas 
Address  Department of occupational therapy, Manipal College of Health Professions, Manipal College of Health Professions, 576104 
Type of Sponsor  Other [self] 
 
Details of Secondary Sponsor  
Name  Address 
NIL  NIL 
 
Countries of Recruitment     India  
Sites of Study  
No of Sites = 1  
Name of Principal Investigator  Name of Site  Site Address  Phone/Fax/Email 
Dr Vinita Acharya  Kasturba Hospital  Room no,33, Psychiatry OPD, Kasturba Hospital, Hebri road, Madhav Nagar, Manipal, Karnataka- 576104
Udupi
KARNATAKA 
9986071111

vinita.acharya@manipal.edu 
 
Details of Ethics Committee  
No of Ethics Committees= 1  
Name of Committee  Approval Status 
Kasturba Medical College and Kasturba Hospital Institutional Ethics Committee-2 (Student Research)  Approved 
 
Regulatory Clearance Status from DCGI  
Status 
Not Applicable 
 
Health Condition / Problems Studied  
Health Type  Condition 
Patients  (1) ICD-10 Condition: F319||Bipolar disorder, unspecified,  
 
Intervention / Comparator Agent  
Type  Name  Details 
Intervention  NIL  NIl 
Comparator Agent  NIL  NIL 
 
Inclusion Criteria  
Age From  18.00 Year(s)
Age To  99.00 Year(s)
Gender  Both 
Details  Participants having diagnosis of schizophrenia spectrum disorders, bipolar disorders and stable

Participants diagnosed from two or more years. 
 
ExclusionCriteria 
Details  Participants having significant cognitive deficits along with severe mental illness

Participants who are acute and unstable 
 
Method of Generating Random Sequence   Not Applicable 
Method of Concealment   Not Applicable 
Blinding/Masking   Not Applicable 
Primary Outcome  
Outcome  TimePoints 
Financial skill and financial well-being  5 months from data collection 
 
Secondary Outcome  
Outcome  TimePoints 
NIL  NIL 
 
Target Sample Size   Total Sample Size="100"
Sample Size from India="100" 
Final Enrollment numbers achieved (Total)= "Applicable only for Completed/Terminated trials"
Final Enrollment numbers achieved (India)="Applicable only for Completed/Terminated trials" 
Phase of Trial   N/A 
Date of First Enrollment (India)   23/09/2024 
Date of Study Completion (India) Applicable only for Completed/Terminated trials 
Date of First Enrollment (Global)  Date Missing 
Date of Study Completion (Global) Applicable only for Completed/Terminated trials 
Estimated Duration of Trial   Years="0"
Months="5"
Days="0" 
Recruitment Status of Trial (Global)   Not Applicable 
Recruitment Status of Trial (India)  Not Yet Recruiting 
Publication Details   N/A 
Individual Participant Data (IPD) Sharing Statement

Will individual participant data (IPD) be shared publicly (including data dictionaries)?  

Response - NO
Brief Summary   The aim of the study is to measure financial skills and financial well-being in individuals with severe mental illness and find relationship between financial skills and financial well-being.
Need for the study is Individuals with mental illness have difficulties in managing their finances and financial skills is vital for financial management and financial well-being. The socio-economic background of individuals from developed countries differs from developing countries like India. Welfare systems and social security policies for security funds differ from country to country, where developed countries have well established policies for disabled in comparison to developing countries like India. In absence of utility of such schemes, financial skills and management at individual level become more imperative.
Tools used in the study, Montreal Cognitive Assessment (MoCA) as a screening tool and two scales, Financial Well-being scale and Financial Skills scale questionnaire is to be administered.
Procedure:
The scales will be adapted to Indian context and validation will be done. Then MoCA will be administered to screen any significant cognitive deficits, if the client fits the inclusion criteria Informed consent will be obtained and photocopies of the two scales will be provided. 
 
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