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Asking The Experts: Perception Of The Relative Importance Of Antecedents Of Optimal Financial Behavior, Chad M. Jones
Asking The Experts: Perception Of The Relative Importance Of Antecedents Of Optimal Financial Behavior, Chad M. Jones
USF Tampa Graduate Theses and Dissertations
Although there is ample research on financial behavior, the inclusion of financial planners in the sample frames of such research is rare. This study used certified financial planners (CFPs) as the sole sample population to identify antecedents of optimal financial behavior and their relative importance. Data from a nationally representative sample of 167 CFPs indicated that (a) financial literacy lost relative importance as CFP tenure increased, (b) romantic partnership closely rivaled financial literacy in importance, (c) financial literacy was more weakly correlated with romantic partnership than with the other antecedents investigated, and (d) romantic partnership was universally accepted as a …