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Family, Life Course, and Society

Journal of Financial Therapy

2014

Articles 1 - 8 of 8

Full-Text Articles in Social and Behavioral Sciences

Book Review: It's Not You, It's The Dishes: How To Minimize Conflict And Maximize Happiness In Your Relationship, Derek Lawson Aug 2014

Book Review: It's Not You, It's The Dishes: How To Minimize Conflict And Maximize Happiness In Your Relationship, Derek Lawson

Journal of Financial Therapy

It’s Not You, It’s The Dishes brings economic principles and theory into the married life of couples. The authors simplify economics by providing fundamental concepts while removing technical jargon in a funny, yet intuitive way. Readers are introduced to the basics of comparative advantage, game theory, and eight other economic principles, all while learning lessons on how to resourcefully allocate their limited units of time, money, and energy to yield a better return on their biggest investment of their lives, their marriage. At its core, this is a self-help book aimed at married couples. Nevertheless, financial professionals and academics may …

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Practitioner Profile: An Interview With Reeta Wolfsohn, Cmsw, Reeta Wolfsohn Aug 2014

Practitioner Profile: An Interview With Reeta Wolfsohn, Cmsw, Reeta Wolfsohn

Journal of Financial Therapy

Reeta Wolfsohn, CMSW, began practicing financial therapy in 1997. At the time, she didn’t call what she did by that name, but her work specifically addressed the financial issues and problems of her clients. Early on in her work, Reeta recognized clients wanted to take control of their money and their lives, but struggled not only with the shame, guilt, worry, and stress of debt, but also with the poor sense of self, and low self-confidence and self-esteem which inevitably accompanied it. Realizing clients needed more help than regularly scheduled therapy sessions, she began developing financial educational materials and psychosocial …

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Researcher Profile: An Interview With John E. Grable, Ph.D., Cfp(R), John Grable Aug 2014

Researcher Profile: An Interview With John E. Grable, Ph.D., Cfp(R), John Grable

Journal of Financial Therapy

John E. Grable, Ph.D., CFP(R) teaches and conducts research in the Certified Financial Planner(TM) Board of Standards undergraduate and graduate programs at the University of Georgia. Prior to entering the academic profession, he worked as a pension/benefits administrator and later as a Registered Investment Advisor in an asset management firm. He served as the founding editor for the Journal of Personal Finance and as the co-founding editor of the Journal of Financial Therapy. His research interests include financial risk-tolerance assessment, psychophysiological economics, and financial planning help-seeking behavior. Dr. Grable has published nearly 100 peer-reviewed papers, co-authored two financial …

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“Where I’M Coming From”: A Discourse Analysis Of Financial Advice Media, Tanya E. Mudry, Ines Sametband, Tom Strong, Dan Wulff, Jennifer Michel, Sally St. George Aug 2014

“Where I’M Coming From”: A Discourse Analysis Of Financial Advice Media, Tanya E. Mudry, Ines Sametband, Tom Strong, Dan Wulff, Jennifer Michel, Sally St. George

Journal of Financial Therapy

In this paper we conceptualize different understandings and positions taken in conflicts over finances in family and couple relationships. We see these as informed by discourses found in popular and professional media. Discourses, as we describe them, are cultural ways of understanding and acting – where “we are coming from,” in this case, relates to finances and financial management. We turn to various media (magazine advice articles, self-help books, professional and research literatures) using discourse analysis to identify distinct discourses regarding how finances are to be regarded and managed. We then link these discourses to discourse positions, or positionings, that …

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Moneygrams: Recalled Childhood Memories About Money And Adult Money Pathology, Adrian Furnham, Sophie Von Stumm, Rebecca Milner Aug 2014

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 …

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Factors Related To Financial Stress Among College Students, Stuart Heckman, Hanna Lim, Catherine Montalto Aug 2014

Factors Related To Financial Stress Among College Students, Stuart Heckman, Hanna Lim, Catherine Montalto

Journal of Financial Therapy

Concerns that debt loads and other financial worries negatively affect student wellness are a top priority for many university administrators. Factors related to financial stress among college students were explored using the Roy Adaptation Model, a conceptual framework used in health care applications. Responses from the 2010 Ohio Student Financial Wellness Survey were analyzed using proportion tests and multivariate logistic regressions. The results show that financial stress is widespread among students – 71% of the sample reported feeling stress from personal finances. The results of the proportion tests and logistic regressions show that this study successfully identified important financial stressors …

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Understanding Financial Literacy And Competence: Considerations For Training, Collaboration, And Referral For Mfts, Bryce L. Jorgensen, Damon L. Rappleyea, Alan C. Taylor Aug 2014

Understanding Financial Literacy And Competence: Considerations For Training, Collaboration, And Referral For Mfts, Bryce L. Jorgensen, Damon L. Rappleyea, Alan C. Taylor

Journal of Financial Therapy

Developing clinical competencies is a foundational feature for most mental health disciplines. Evidence suggests that many couples attending marital therapy regularly report that financial concerns are a significant contributor to their collective distress. Despite the reports of financial distress being a common occurrence, many practitioners are unfamiliar with available resources to remediate the problem. The authors address the concepts of practitioner competence in financial literacy, client financial problems, the benefits of financial literacy, and suggest a referral process, grounded in ethical decision making, that provides appropriate treatment considerations to clients experiencing such distress. The Referral for Financial Concerns Questionnaire (RFCQ) …

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Editorial, Volume 5, Issue 1, Kristy L. Archuleta Aug 2014

Editorial, Volume 5, Issue 1, Kristy L. Archuleta

Journal of Financial Therapy

Welcome to Volume 5, Issue 1 of the Journal of Financial Therapy! In this issue, four scholarly papers are presented along with two profiles and a book review. These four papers address very important issues, such as mental health therapists’ competency in working with financial issues, financial stress of college students, parental messages about money, and financial advice media.

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