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

Social and Behavioral Sciences Commons

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

Articles 151 - 170 of 170

Full-Text Articles in Social and Behavioral Sciences

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 …


“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 …


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 …


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 …


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) …


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.


Book Review: How To Give Financial Advice To Couples, Alycia Degraff, D. Bruce Ross Dec 2013

Book Review: How To Give Financial Advice To Couples, Alycia Degraff, D. Bruce Ross

Journal of Financial Therapy

How to Give Financial Advice to Couples is a financial advisor’s must-read text. Kingsbury allows the reader to become familiar with the daunting area of couple dynamics in this unintimidating and easy read.


Journal Of Financial Therapy Editorial, Volume 4, Issue 2, Kristy L. Archuleta Dec 2013

Journal Of Financial Therapy Editorial, Volume 4, Issue 2, Kristy L. Archuleta

Journal of Financial Therapy

This is the editorial for Volume 4, Issue 2, featuring the 2013 Financial Therapy Association membership profile, articles on narrative financial therapy and Hoarding Disorder, two professional financial therapy profiles, and a book review.


Narrative Financial Therapy: Integrating A Financial Planning Approach With Therapeutic Theory, Megan A. Mccoy, D. Bruce Ross, Joseph W. Goetz Dec 2013

Narrative Financial Therapy: Integrating A Financial Planning Approach With Therapeutic Theory, Megan A. Mccoy, D. Bruce Ross, Joseph W. Goetz

Journal of Financial Therapy

The article serves as one of the first attempts to develop an integrated theoretical approach to financial therapy that can be used by practitioners from multiple disciplines. The presented approach integrates the components of the six-step financial planning process with components of empirically-supported therapeutic methods. This integration provides the foundation for a manualized approach to financial therapy, shaped by the writings of narrative theorists and select cognitive-behavioral interventions that can be used both by mental health and financial professionals.


Hoarding Disorder: It’S More Than Just An Obsession - Implications For Financial Therapists And Planners, Anthony Canale, Bradley Klontz Dec 2013

Hoarding Disorder: It’S More Than Just An Obsession - Implications For Financial Therapists And Planners, Anthony Canale, Bradley Klontz

Journal of Financial Therapy

Compulsive hoarders feel emotional attachments to their money and possessions, making it difficult for them to spend or discard accumulated items. Traditionally, hoarding has been seen as a symptom of Obsessive Compulsive Disorder (OCD) or Obsessive Compulsive Personality Disorder (OCPD). However, hoarding behavior can be a problem in its own right, without someone meeting the diagnostic criteria for OCD or OCPD. Despite being a mental health disorder that poses a serious public health problem, social costs to the public, and strain on families, there is little empirical work that has examined Hoarding Disorder (HD) from a financial perspective. As with …


Researcher Profile: An Interview With Russell James, Jd, Phd, Cfp(R), Russell James Dec 2013

Researcher Profile: An Interview With Russell James, Jd, Phd, Cfp(R), Russell James

Journal of Financial Therapy

Russell James is a professor and the CH Foundation Chair in Personal Financial Planning in the Department of Personal Financial Planning at Texas Tech University, where he is also the Director of Graduate Studies in Charitable Financial Planning. His research is focused on encouraging generosity and satisfaction in financial decision-making.


2013 Membership Profile Of The Financial Therapy Association: A Strategic Planning Report, Sarah Asebedo, Megan A. Mccoy, Kristy L. Archuleta Dec 2013

2013 Membership Profile Of The Financial Therapy Association: A Strategic Planning Report, Sarah Asebedo, Megan A. Mccoy, Kristy L. Archuleta

Journal of Financial Therapy

A second profile of the Financial Therapy Association (FTA) membership was conducted to continue the development of financial therapy as a new area of practice and study. The FTA was established in 2010 as an effort to bring together practitioners and researchers from diverse disciplines to share in a common vision of financial therapy. This profile report depicts the demographic profile (e.g., age, education, gender, occupation, income) and perspectives of members who participated in the survey commissioned by the FTA Strategic Planning Committee in 2013. The results of the membership profile survey highlight the future directions of and the challenges …


Practitioner Profile: An Interview With Amanda Clayman, Lmsw, Cfsw, Amanda Clayman Dec 2013

Practitioner Profile: An Interview With Amanda Clayman, Lmsw, Cfsw, Amanda Clayman

Journal of Financial Therapy

Amanda Clayman, is a Licensed Master of Social Work and a Certified Financial Social Worker who helps individuals, couples, and families bring money into balance. Since 2006, Amanda has led the Financial Wellness Program at The Actors Fund, a national non-profit human services agency that supports professionals in performing arts and entertainment. She maintains a private financial wellness counseling practice in New York City and is a public speaker on life and money topics. Amanda's work has been featured in media outlets, such as the New York Times, the Wall Street Journal, SELF magazine, REAL SIMPLE magazine, Women's Health, Parenting, …


A Therapist’S Perspective Of A Financial Planning Course: Implications For Financial Therapy Education And Trainings, Megan Ann Mccoy, Jerry Gale, Megan Ford, Ronald G. Mccoy Ii Jan 2013

A Therapist’S Perspective Of A Financial Planning Course: Implications For Financial Therapy Education And Trainings, Megan Ann Mccoy, Jerry Gale, Megan Ford, Ronald G. Mccoy Ii

Journal of Financial Therapy

This paper presents the autoethnography of a doctoral Marriage and Family Therapy (MFT) student studying finances in a graduate course. A dataset in the form of field notes was created through recording observations and reflective journaling during the 15 week financial planning course. This data set included observations and insights on various skills and knowledge that would be helpful for conducting financial therapy, the professional and personal growth of a therapist integrating finances into her clinical work, and evaluations regarding how financial courses can be beneficial for therapists and planners who are interested in the interaction between relational and financial …


Book Review: "Financial Therapy: 5 Steps Toward Financial Freedom, Megan Mccoy, D. Bruce Ross Jan 2013

Book Review: "Financial Therapy: 5 Steps Toward Financial Freedom, Megan Mccoy, D. Bruce Ross

Journal of Financial Therapy

Financial Therapy: 5 Steps Toward Financial Freedom and its accompanying workbook, Guide to Financial Therapy Forms and Handouts: 5 Steps Toward Financial Freedom, was created to provide an intervention model to help clients become more financially literate and protect them from financial predators.


Disordered Money Behaviors: Development Of The Klontz Money Behavior Inventory, Bradley Klontz, Sonya L. Britt, Kristy L. Archuleta, Ted Klontz Jan 2012

Disordered Money Behaviors: Development Of The Klontz Money Behavior Inventory, Bradley Klontz, Sonya L. Britt, Kristy L. Archuleta, Ted Klontz

Journal of Financial Therapy

Much of the existing literature on financial behavior focuses on basic money management tasks (e.g., balancing a checkbook). However, it can be equally important to identify problematic financial behaviors that can sabotage one’s financial health. The purpose of this study was to create an assessment tool that can be used by mental health and financial professionals to identify disordered money behaviors that may impede on progress towards one’s financial goals. This study asked 422 respondents to indicate their agreement with disordered money behaviors, including compulsive buying, pathological gambling, compulsive hoarding, workaholism, financial enabling, financial dependence, financial denial, and financial enmeshment, …


Tactical Asset Management Or Financial Trauma?: Why The Abandonment Of Buy-And-Hold May Be A Symptom Of Posttraumatic Stress, Bradley Klontz, Sonya L. Britt Jan 2012

Tactical Asset Management Or Financial Trauma?: Why The Abandonment Of Buy-And-Hold May Be A Symptom Of Posttraumatic Stress, Bradley Klontz, Sonya L. Britt

Journal of Financial Therapy

The purpose of this study was to measure the psychological impact of the 2008 financial crisis on financial planners. Recent surveys of financial advisors have confirmed a fundamental shift away from strategic management in favor of tactical management, with planners reporting having had made on average 2.15 adjustments in the past 12 months to take advantage of market changes (FPA 2012 Trends in Investing Study, 2012), and 83% of financial planners planning to make at least one tactical adjustment within the next three months (Veres, 2012). This article explores the psychological impact of the 2008 financial crisis on financial planners, …


Money Beliefs And Financial Behaviors: Development Of The Klontz Money Script Inventory, Bradley Klontz, Sonya L. Britt, Jennifer Mentzer, Ted Klontz Jan 2011

Money Beliefs And Financial Behaviors: Development Of The Klontz Money Script Inventory, Bradley Klontz, Sonya L. Britt, Jennifer Mentzer, Ted Klontz

Journal of Financial Therapy

Financial matters have been identified in the literature as a significant source of stress for individuals and families. However, little is known about the psychological issues related to money that may be contributing to individual and family problems. Using a sample of 422 individuals who identified their level of agreement on 72 money-related beliefs, this study identified four distinct money belief patterns. Three of these belief systems were significantly correlated with income and net worth. Demographic features associated with the four money belief scales are provided. The results of this study may be useful for practitioners interested in quickly and …


The Effectiveness Of An Interactive Multimedia Psychoeducational Approach To Improve Financial Competence In At-Risk Youth: A Pilot Study, Bradley Klontz, Caesar Pacifici, Lee White, Carol Nelson Jan 2011

The Effectiveness Of An Interactive Multimedia Psychoeducational Approach To Improve Financial Competence In At-Risk Youth: A Pilot Study, Bradley Klontz, Caesar Pacifici, Lee White, Carol Nelson

Journal of Financial Therapy

In recent years, a growing number of initiatives have been aimed at increasing financial literacy among youth in America. However, these efforts have tended to target mainstream populations, and failing to adequately address the backgrounds, learning, and psychological needs of at-risk youth. This study piloted a curriculum on money management that presented a basic set of financial skills via story situations and characters that are meaningful to at-risk youth using a dynamic interactive multimedia online delivery to heighten youths’ interest to learn. The approach also helped at-risk youth gain insight into their money beliefs and psychological barriers to success, integrating …


Book Review Of "My Street Money: A Street-Level View Of Managing Your Money From The Heart To The Bank", Jeffrey S. Nelson Jan 2011

Book Review Of "My Street Money: A Street-Level View Of Managing Your Money From The Heart To The Bank", Jeffrey S. Nelson

Journal of Financial Therapy

In his book, My Street Money: A Street-Level View of Managing Your Money from the Heart to the Bank, Louis Barajas delivers a set of sound principles and actionable steps for an audience who consider themselves average citizens with traditional values.