Social and Behavioral Sciences Commons^™

Perspectives On Finances And Mental Health Status Among Low-Income Los Angeles Latinas, Luisa R. Blanco, Jessica A. Baker, Julie A. Friedman, Karen T. Singh, Arleen F. Brown, Sierra D. Moon, Savanna L. Carson, Audree Hsu, Janet Pregler

Journal of Financial Therapy

Abstract

Research has established a link between financial challenges and mental health outcomes. Understanding this linkage among low-income Latinas who face unique experiences and challenges in relation to managing their household finances is important. This study utilized a community-based participatory qualitative research method to explore perspectives on financial and mental health among Latinas residing in Los Angeles County. The implications of this study are applicable when conducting a culturally responsive financial therapy program. Three focus groups were conducted with mainly immigrant, Spanish-speaking, low-income Latinas (n = 37). The study found that though participants face financial stressors tied to managing finances, …

Financial Infidelity In Couple Relationships, Michelle Jeanfreau, Kenji Noguchi, Michael D. Mong, Hans Stadthagen

Journal of Financial Therapy

Four hundred and fourteen participants answered questions regarding financial habits within the context of the couple relationship. The Big Five Personality Inventory and a Martial and Life Satisfaction Scale were used to determine the incidence and factors associated with financial infidelity. Results indicated that 27% of participants have kept a financial secret from their partner. Furthermore, both marital and life satisfaction were lower for participants who have experienced financial infidelity than in those who have not. Finally, conscientiousness, a factor from the Big Five Personality Inventory, showed a significant difference, suggesting that more organized individuals were less likely to keep …