The Money Advice Service says it changed the financial behaviour of 2,000 people a day in the three months to June.
In its first quarterly financial capability tracker, published today, the MAS says it changed behaviour of 184,000 people between April and June and is on course to beat its annual target of changing the behaviour of 480,000 people.
The MAS commissioned research firm Ipsos Mori to ask 483 users a series of questions to assess whether the organisation is helping people protect assets, provide for dependents, save regularly, prepare for retirement and manage debt.
Between July and September separate data shows the service had 3.7 million “online contacts” for money advice while 58,000 customers completed its online budget planner.
During the same period, partners in England and Wales, funded by MAS, provided debt advice sessions to 42,000 people.
Between April to September, the MAS’ financial year to day, the service says it has received more than 6.3 million contacts including both on and offline for money advice with 86,000 debt advice sessions.
MAS chief executive Caroline Rookes says: “We are erring on the side of caution when we estimate 184,000 actions were taken between April and June 2013, but these figures are a strong signal that the service can really motivate people not just to think about how they manage their money, but to do something as a result.
“We are very cautious at this stage not to read too much into the figures, given how difficult it is to measure actions rather than just intentions. But these early indicators are encouraging.”