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Finance and Financial Management Commons™
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Full-Text Articles in Finance and Financial Management
The Intersectionality Of Race And Gender In Financial Planner Use, Miranda Reiter, Di Qing, Narita Anderson, Kimberly Watkins
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 …
Moneygrams: Recalled Childhood Memories About Money And Adult Money Pathology, Adrian Furnham, Sophie Von Stumm, Rebecca Milner
Moneygrams: Recalled Childhood Memories About Money And Adult Money Pathology, Adrian Furnham, Sophie Von Stumm, Rebecca Milner
Journal of Financial Therapy
In this study 512 adults completed two questionnaires. One questionnaire was devised specifically for this study concerning childhood memories of parental beliefs and behaviours with respect to money (i.e moneygrams)/ The second questionnaire established a measure of “money pathology” (Forman, 1987). The moneygram questionnaire was based on clinical cases and idiographic studies on money pathology. Around a fifth of the items showed significant sex differences. Factor analysis highlighted one clear factor, namely “money secrecy” - which was associated with greater levels of spending money pathology in adulthood. In women, but not in men, higher family money secrecy was significantly associated …