Development and Validation of an App Rating System for Caregiver Financial Management Apps

This study aims to develop and evaluate a consumer-centered app rating system designed to guide employed caregivers in the selection of effective and user-friendly apps to manage financial stress.

This study describes the development of a consumer-centered app rating system designed to guide employed caregivers in the selection of effective and user-friendly apps to manage financial stress and its psychometric evaluation using a sample of 100 US adults age 20 to 87 who were recruited from nine organizations through the Exhale respite grant website in February 2024.

Exploratory factor analysis indicated a two-factor structure comprised of user experience and financial management. The 13-item scale was psychometrically sound and demonstrated good internal reliability.

The development and evaluation of a scale to assess caregiver-specific financial management apps provides practical insights to improve the design of existing financial management apps and better support caregivers in their important and challenging financial role.