[영문]This study examines the effects of one large financial management trainingprogram for low-income people. The data are from tests of pre- and posttrainingfinancial knowledge of 163 participants. The test was designed tomeasure basic knowledge of participants in five content areas: predatorylending practices, public and work-related benefits, banking practices,savings and investing strategies, and credit use and interest rates.The findings demonstrate that substantial pre-training knowledge deficienciesexisted on basic financial management issues, especially on publicand work-related benefits and savings and investing. Results also indicatethat the program was effective in improving the financial knowledge ofparticipants in each of the five content areas. Further analyses suggestthat pre-training knowledge and levels varied according to participantcharacteristics. In addition, participants’ education, English proficiency,race / ethnicity, and marital status were associated with their knowledgegains from the program. Policy and practice implications for developingeffective financial management training for the low-income population arediscussed.