Open Access. Powered by Scholars. Published by Universities.®

Finance and Financial Management Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 4 of 4

Full-Text Articles in Finance and Financial Management

Trauma Of The Past: The Impact Of Adverse Childhood Experiences On Adult Attachment, Money Beliefs And Behaviors, And Financial Transparency, D.Bruce Ross, Ed Coambs, Emily Johnson Jan 2022

Trauma Of The Past: The Impact Of Adverse Childhood Experiences On Adult Attachment, Money Beliefs And Behaviors, And Financial Transparency, D.Bruce Ross, Ed Coambs, Emily Johnson

Journal of Financial Therapy

Adverse childhood experiences (ACEs) can have a strong, lasting impact on our mental and relational outcomes as adults. They may also impact how we address financial beliefs and behaviors. The current study utilizes 500 participants from Amazon MTurk and structural equation modeling (SEM) to explore the relationships between ACEs and relational financial transparency behaviors through attachment style and money beliefs and behaviors. Findings indicated significant direct and indirect associations across these pathways, particularly for experiences of reported neglect, verbal, and sexual abuse on less security in adult attachment styles. In turn, insecure attachment styles were linked to increased maladaptive financial …


The Intersectionality Of Race And Gender In Financial Planner Use, Miranda Reiter, Di Qing, Narita Anderson, Kimberly Watkins Jan 2022

The Intersectionality Of Race And Gender In Financial Planner Use, Miranda Reiter, Di Qing, Narita Anderson, Kimberly Watkins

Journal of Financial Therapy

Using the 2019 Survey of Consumer Finances, this study examined the role of race and gender regarding the use of financial planners through the lens of intersectionality. More specifically, this study investigated whether there was an association between race and gender, notably for Black women, and financial planner use compared to White women, Black men, and White men. Results of the interaction analyses in the probit model show that Black women were more likely to use financial planners than other groups. A follow-up analysis indicated that results were significant when comparing Black women to White men but there was no …


Spenders And Tightwads Among Newlyweds: Perceptions Of Partner Financial Behaviors And Relational Well-Being, Heather H. Kelley, Alexa B. Chandler, Ashley B. Lebaron-Black, Xiaomin Li, Melissa A. Curran, Jeremy B. Yorgason, Spencer James Jan 2022

Spenders And Tightwads Among Newlyweds: Perceptions Of Partner Financial Behaviors And Relational Well-Being, Heather H. Kelley, Alexa B. Chandler, Ashley B. Lebaron-Black, Xiaomin Li, Melissa A. Curran, Jeremy B. Yorgason, Spencer James

Journal of Financial Therapy

Finances, and how couples manage their finances, can have important implications for couples’ relational well-being. Using data from 1,585 couples that participated in the CREATE study (a nationally representative dyadic dataset of U.S. newlywed couples), we examined how perceiving one’s spouse as a financial spender (i.e., spending more than they ideally would) or financial tightwad (i.e., spending less than they ideally would) was associated with several measures of relational well-being (i.e., satisfaction, commitment, and power) through actor-partner interdependence structural equation models. Results showed that perceiving one’s partner as a spender was detrimental for both the individual’s and the partner’s marital …


Money And Betrayal: Perceptions Of Alimony Fairness In Relation To Infidelity, Jessica Wery, Michael Kothakota Jan 2022

Money And Betrayal: Perceptions Of Alimony Fairness In Relation To Infidelity, Jessica Wery, Michael Kothakota

Journal of Financial Therapy

Alimony is a contentious topic often argued over during a divorce. Individuals getting divorced seek fairness in an alimony settlement, but due to how laws are written this can seem arbitrary. Public policy suggests laws should reflect the suggestions of the people it affects. Thus, public perception of alimony fairness is an important component in the discussion of what is fair for spouses. In addition, infidelity in marriage might change how the public views what is fair. This study collected data from 1,285 individual United States participants. Participants were randomly assigned a vignette condition related to a hypothetical alimony scenario …