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learn$ave Project: Final ReportTable F.6.5 Impacts on Savings and Other Components of Net Worth (Average Dollars), at 54 Months, All Participants – AdjustedAssetsFinancial AssetsBank accounts +learn$ave accountsFormal retirement savingsplansMean Outcome Level,by Research GroupImpact of MatchedSaving CreditsImpact of Serviceswhen Offered withCredits ∑Combined Impactof Credits +Serviceslearn$aveonlylearn$aveplusControl Diff S.E. Diff S.E. Diff S.E.2,610 2,465 2,071 539 (348) -145 (323) 393 (403)2,830 3,213 3,490 -660* (378) 383 (362) -278 (406)Other financial assets 1,418 1,483 1,833 -414 (403) 65 (358) -349 (398)Total Financial Assets 6,858 7,161 7,394 -536 (737) 303 (648) -233 (806)Non-Financial AssetsVehicles 3,178 3,109 3,297 -119 (296) -69 (265) -188 (298)Value of goods in house 5,377 5,364 5,929 -552 (515) -12 (464) -564 (526)Home and other property 51,365 54,499 53,986 -2,621 (5,443) 3,134 (4,767) 513 (5,454)Business assets 3,510 2,058 1,548 1,962* (1,154) -1,451 (1,096) 511 (1,104)Total Non-FinancialAssets63,429 65,030 64,759 -1,329 (5,700) 1,601 (5,070) 272 (5,814)Total Assets 70,288 72,191 72,153 -1,866 (5,767) 1,904 (5,165) 38 (5,914)LiabilitiesCredit cards 1,637 1,652 1,705 -68 (313) 15 (271) -53 (306)Student loans 5,421 5,344 4,063 1,358** (576) -77 (513) 1,281** (570)Mortgages 31,656 35,231 33,164 -1,508 (3,548) 3,575 (3,095) 2,067 (3,482)Business debts andliabilities609 641 806 -197 (342) 32 (300) -165 (340)Other debts and liabilities 3,470 3,864 3,572 -102 (518) 395 (448) 292 (579)Total Liabilities 42,793 46,732 43,309 -517 (3,708) 3,940 (3,229) 3,423 (3,674)Net (Assets - Liabilities)Net business assets 2,901 1,418 742 2,159** (997) -1,483 (980) 676 (946)Net property assets 19,709 19,267 20,822 -1,113 (3,181) -442 (2,552) -1,554 (3,131)Net worth without netproperty7,786 6,192 8,022 -236 (1,703) -1,594 (1,637) -1,830 (1,663)Total Net Worth 27,495 25,459 28,844 -1,349 (3,581) -2,036 (3,132) -3,385 (3,666)Source:Note:Calculations from 54-month survey data.Overall sample sizes for the control, learn $ave-only and learn$ave-plus groups are 568, 842 and 859, respectively. Sample sizes vary forindividual measures because of missing values.Two-tailed tests were applied to impacts estimated by regression-adjusted differences in outcomes between research (program and control)groups.Statistical significance levels are indicated as * = 10 per cent; ** = 5 per cent; *** = 1 per cent.Rounding may cause slight discrepancies in sums and differences.∑The figures in this column show the extra impact of the financial management training and enhanced case management services whengiven to those eligible to receive matched credits. It does not represent the impact of those services alone for those not eligible to receive thematched saving credit; it represents the impact of the services when provided with the credits.Social Research and Demonstration Corporation Appendix F | 141