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Editorial: Vol. 15, Issue 1, Sarah D. Asebedo Jan 2024

Editorial: Vol. 15, Issue 1, Sarah D. Asebedo

Journal of Financial Therapy

Editorial: Vol. 15, Issue 1


Am I Entitled To Help? Building Confidence Through Financial Inclusion, Marilla Kortesalmi, Minna Autio, Mette Ranta Jan 2024

Am I Entitled To Help? Building Confidence Through Financial Inclusion, Marilla Kortesalmi, Minna Autio, Mette Ranta

Journal of Financial Therapy

Financial inclusion has focused primarily on the accessibility of financial social services. However, it is important to note that individual financial practices not only require the opportunity to access financial structures, but also confidence in their accessibility to engage in and utilize such services. Individuals facing difficult life situations often encounter challenges in financial activities due to limited resources and a need for more skills. Consequently, their financial capability is often restricted, and they more frequently experience financial exclusion. Despite this problem, the literature on financial inclusion needs to give more attention to subjective financial inclusion. To understand the process …


Time Orientation And Mental Accounting: Examining Serial Mediation Effects Af Financial Literacy And Impulsivity, Maneesha Singh, Tanuj Nandan Jan 2024

Time Orientation And Mental Accounting: Examining Serial Mediation Effects Af Financial Literacy And Impulsivity, Maneesha Singh, Tanuj Nandan

Journal of Financial Therapy

With a wide variety of complex financial assets and securities available in the market, individuals often struggle with their financial planning due to a lack of financial literacy, high impulsivity, and short-term time orientation, hampering their financial satisfaction. The current study examines the yet unexplored indirect effect of investors' time orientations on mental accounting through financial literacy and impulsivity. We conducted a cross-sectional survey and collected 162 active investors’ responses via structured questionnaires distributed in both online and offline portals across India to gauge their financial literacy, time orientation, impulsivity, and mental accounting. We used Smart PLS-4 software along with …


Book Review: The Why Of Wealth, Kamille Green Jan 2024

Book Review: The Why Of Wealth, Kamille Green

Journal of Financial Therapy

Book Review: The Why of Wealth


Researcher Profile: Jeffrey Anvari-Clark, Jeffrey Anvari-Clark Jan 2024

Researcher Profile: Jeffrey Anvari-Clark, Jeffrey Anvari-Clark

Journal of Financial Therapy

Researcher Profile: Jeffrey Anvari-Clark


Practitioner Profile: Cait Howerton, Cait Howerton Jan 2024

Practitioner Profile: Cait Howerton, Cait Howerton

Journal of Financial Therapy

Practitioner Profile: Cait Howerton


A Longitudinal Examination Of Multiple Forms Of Stigma On Minority Stress, Belongingness, And Problematic Alcohol Use, Akanksha Das, Rose Marie Ward, Lauren Haus, Jackson Heitt, Jeffrey Hunger Dec 2023

A Longitudinal Examination Of Multiple Forms Of Stigma On Minority Stress, Belongingness, And Problematic Alcohol Use, Akanksha Das, Rose Marie Ward, Lauren Haus, Jackson Heitt, Jeffrey Hunger

Health Behavior Research

College students who experience stigma report problematic alcohol use. However, the stigma-health link focuses on one form of stigma, thereby excluding the intersectional oppression of experiencing multiple forms of stigma. The present work has two primary aims: 1) evaluating whether additive intersectional minority stress confers greater problematic alcohol use among multiply-stigmatized college students one year later, and 2) whether that link can be explained by 1) lower belongingness and 2) greater drinking to cope motives. Students (N=427) ranging in stigmatized identities (14.3% zero; 46.4% one; 29.5% two; 9.8% three or more), participated in an annual health survey at two subsequent …


A Wedge Issue For The 21st Century: The Conditional Effect Of Party Identification For Predicting Feelings Towards Immigrants And Refugees In A Higher Ed Setting, Nicholas Bauroth, Kjersten Nelson Apr 2023

A Wedge Issue For The 21st Century: The Conditional Effect Of Party Identification For Predicting Feelings Towards Immigrants And Refugees In A Higher Ed Setting, Nicholas Bauroth, Kjersten Nelson

Online Journal of Rural Research & Policy

The issue of immigration played an important role in recent U.S. elections. How did the salience of immigration and refugees in the 2016, 2018, and 2020 elections play out amongst young voters? Did increased opportunities to interact with immigrants and refugees affect respondents’ feelings towards these groups, as social contact theory might predict? The analyses here focus on a sample of college students, given that the higher education experience presents conditions for social contact theory to play out. We find that party identification is a key piece of the puzzle – measures of social contact theory operate differently for Democratic …


Practitioner Profile: An Interview With Aja Evans, Aja Evans Jan 2023

Practitioner Profile: An Interview With Aja Evans, Aja Evans

Journal of Financial Therapy

Practitioner Profile: An Interview with Aja Evans


The Empowerment Model Of Clinical Supervision And Its Application To Standardization Of Financial Therapy Supervision, Khara Croswaite Brindle Jan 2023

The Empowerment Model Of Clinical Supervision And Its Application To Standardization Of Financial Therapy Supervision, Khara Croswaite Brindle

Journal of Financial Therapy

Financial therapy creates a meaningful bridge between mental health and money, which indicates a complex framework in support of clients and financial therapists alike. Recognizing the newness of financial therapy as a profession, adopting a supervision style for financial therapists that can support the integrity and ethics of the profession, as well as define the growth opportunities of financial therapists called to do this meaningful work, is of utmost importance. The Empowerment Model of Clinical Supervision, with its focus on self of the therapist and empowerment of supervisees, can serve as a template for the standardization of financial therapy supervision.


Researcher Profile: An Interview With Melissa Curran, Melissa Curran Jan 2023

Researcher Profile: An Interview With Melissa Curran, Melissa Curran

Journal of Financial Therapy

Researcher Profile: An Interview with Melissa Curran


Editorial Volume 14, Issue 1, Sarah D. Asebedo Jan 2023

Editorial Volume 14, Issue 1, Sarah D. Asebedo

Journal of Financial Therapy

Editorial Volume 14, Issue 1


Practitioner Profile: An Interview With Rick Kahler, Rick Kahler Jan 2023

Practitioner Profile: An Interview With Rick Kahler, Rick Kahler

Journal of Financial Therapy

Practitioner Profile: An Interview with Rick Kahler


The Self-Reflective Financial Therapist: Creating A Financial Genogram, Chelsey L. Holden, Michelle Jeanfreau Jan 2023

The Self-Reflective Financial Therapist: Creating A Financial Genogram, Chelsey L. Holden, Michelle Jeanfreau

Journal of Financial Therapy

The financial genogram offers the therapist an opportunity to explore and unpack his or her own financial journey as a method of self-reflection and self-discovery as well as to become more responsive and understanding toward our clients. This manuscript utilizes an experiential financial therapy framework to make a case for why this self-of-the-financial-therapist process is beneficial, provides steps on how to create the therapist’s financial genogram, and outlines a guide of reflective questions for the therapist to consider as part of the financial genogram process.


Book Review: Smart Money, Eric J. Dammann Jan 2023

Book Review: Smart Money, Eric J. Dammann

Journal of Financial Therapy

Book Review: Smart Money


Direct And Indirect Effects Of Subjective Financial Knowledge With Financial Satisfaction, Jibin Antony, Antony Thomas Jan 2023

Direct And Indirect Effects Of Subjective Financial Knowledge With Financial Satisfaction, Jibin Antony, Antony Thomas

Journal of Financial Therapy

In this study, we differentiate subjective financial knowledge from objective financial knowledge and propose that subjective financial knowledge relates to financial satisfaction both directly as well as indirectly through financial behavior. This study used data obtained from a multi-stage random sample of household financial officers in Kerala, India (n=450). Results showed that subjective financial knowledge significantly relates to household financial officers’ financial satisfaction after controlling for objective financial knowledge and other socioeconomic factors. The relationship between subjective financial knowledge and financial satisfaction could be both direct and indirect through financial behavior. The findings suggest that financial education programs should focus …


Siblings, Family Systems Theory, Guardianship, And Restoring The Triad, Meghaan R. Lurtz, Andew Komarow, Elizabeth Yoder, Julia Vassallo Jan 2023

Siblings, Family Systems Theory, Guardianship, And Restoring The Triad, Meghaan R. Lurtz, Andew Komarow, Elizabeth Yoder, Julia Vassallo

Journal of Financial Therapy

Special needs estate planning introduces additional complexity, including the need to plan for ongoing caregiving after members of the parents’ generation have passed. This caregiving role is often left to siblings. (Brandy, Burke, Landon, Oertle, 2018). The sibling relationship has not been well-studied in this context, and the relationship dynamic has become more complex as families have changed in recent years (Sanner & Jensen, 2021). The overall goal of the paper is to discuss alternatives for structuring caretaking (e.g., conservatorship, guardianship, supported decision-making) that may restore the triad relationship, i.e., the strongest relationship identified in Family Systems Theory through which …


The New Kid On The Block: Ifs Informed Financial Therapy, Richard S. Kahler, Michelle Glass Jan 2023

The New Kid On The Block: Ifs Informed Financial Therapy, Richard S. Kahler, Michelle Glass

Journal of Financial Therapy

Internal Family Systems℠ (IFS) therapy is an evidenced-based therapeutic (EBT) tool used to treat various mental health disorders and non-clinical issues. IFS is a promising new approach to building healthy financial behaviors when combined it with financial therapy. During a financial discussion, beliefs, money scripts, and stories around the client’s money history are expressed and are then explored using IFS protocols. IFS provides the financial therapist with a tool that has a high probability of being effective at helping clients access their hidden extreme beliefs, emotions, and stories around money and offers the hope of making changes resulting in lasting …


A Review Of “The Behavior Gap: Simple Ways To Stop Doing Dumb Things With Money”, Stephen Molchan Jan 2023

A Review Of “The Behavior Gap: Simple Ways To Stop Doing Dumb Things With Money”, Stephen Molchan

Journal of Financial Therapy

A Review of “The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money”


Editorial: Vol. 14, Issue 2, Ed Coambs Jan 2023

Editorial: Vol. 14, Issue 2, Ed Coambs

Journal of Financial Therapy

Editorial: Vol. 14, Issue 2


You Are Your Best Intervention: Utilizing Person-Of-The-Therapist Training In Financial Therapy, Megan A. Mccoy, Stephen Molchan, Kristy L. Archuleta, Ingrid Ponciano Jan 2023

You Are Your Best Intervention: Utilizing Person-Of-The-Therapist Training In Financial Therapy, Megan A. Mccoy, Stephen Molchan, Kristy L. Archuleta, Ingrid Ponciano

Journal of Financial Therapy

The field of financial therapy recognizes the importance of the therapist's self in facilitating effective client outcomes. Self-exploration involves a comprehensive exploration of the therapist's relationship with money, allowing them to leverage their experiences, financial flashpoints, and money scripts ethically and effectively. By engaging in self-exploration, financial therapists become role models for their clients, inspiring them to embark on their personal growth journeys. However, therapists must exercise caution to avoid projecting their beliefs onto clients. This paper explores how one specific program on the self-of-the-therapist exploration, the person-of-the-therapist model (POTT; Aponte, 1982), can be applied to financial therapy self-work. This …


Practitioner Profile: Debra Kaplan, Debra Kaplan Jan 2023

Practitioner Profile: Debra Kaplan, Debra Kaplan

Journal of Financial Therapy

Practitioner Profile: Debra Kaplan


Researcher Profile: Megan Ford, Megan Ford Jan 2023

Researcher Profile: Megan Ford, Megan Ford

Journal of Financial Therapy

Researcher Profile: Megan Ford


Breastfeeding Goal Attainment And Likelihood Of Future Breastfeeding: A Test Of Self-Affirmation Theory, Mackenzie Dm Whipps Oct 2022

Breastfeeding Goal Attainment And Likelihood Of Future Breastfeeding: A Test Of Self-Affirmation Theory, Mackenzie Dm Whipps

Health Behavior Research

Breastfeeding is an important health behavior for pediatric and maternal wellbeing. However, many mothers in the United States do not meet breastfeeding duration guidelines, nor do they meet their own goals for breastfeeding. Non-attainment of breastfeeding goals has implications for the health and wellbeing of future children born into those families. Using publicly available national data, we tested a self-affirmation theory (SAT) hypothesis to explore the complex relationship between breastfeeding goal attainment and intention to breastfeed a future child. We found goal attainment predicted stronger future intention, and that this association was moderated by how highly the mother valued breastfeeding. …


Editorial Vol. 13 Issue 1, Sarah D. Asebedo Jan 2022

Editorial Vol. 13 Issue 1, Sarah D. Asebedo

Journal of Financial Therapy

The articles in this issue build our knowledge of the intersection between couples and money by taking us on an evidence-based journey through the beginning (newlyweds and emerging adults) and end (divorce) of a couples’ relationship life cycle while giving insight into early childhood experiences (trauma) that might impact financial beliefs, behaviors, and financial transparency in relationships. These articles incorporate several interesting concepts including adverse childhood experiences, attachment styles, early financial discussions, financial conflict, alimony decisions, spenders, and tightwads. Furthermore, the authors do a fine job of incorporating advanced statistical methods (e.g., structural equation modeling, missing data methods, actor-partner interdependence …


Editorial, Vol. 13 Issue 2: Special Issue On Diversity, Inclusion, And Equity In Financial Therapy, Wookjae Heo, Abed Rabbani Jan 2022

Editorial, Vol. 13 Issue 2: Special Issue On Diversity, Inclusion, And Equity In Financial Therapy, Wookjae Heo, Abed Rabbani

Journal of Financial Therapy

We are honored to present the special issue of diversity, equity, and inclusion in financial therapy, as JFT’s second issue of volume 13, 2022.


Researcher Profile: Miranda Reiter, Miranda Reiter Jan 2022

Researcher Profile: Miranda Reiter, Miranda Reiter

Journal of Financial Therapy

Researcher Profile: Miranda Reiter


Researcher Profile: Kimberly Watkins, Kimberly Watkins Jan 2022

Researcher Profile: Kimberly Watkins, Kimberly Watkins

Journal of Financial Therapy

Researcher Profile: Kimberly Watkins


The Sooner, The Better? Couples' First Financial Discussion, Relationship Quality, And Financial Conflict In Emerging Adulthood, Matthew T. Saxey, Ashley B. Lebaron-Black, Melissa A. Curran Jan 2022

The Sooner, The Better? Couples' First Financial Discussion, Relationship Quality, And Financial Conflict In Emerging Adulthood, Matthew T. Saxey, Ashley B. Lebaron-Black, Melissa A. Curran

Journal of Financial Therapy

In couple relationships, discussing finances is often considered taboo. Specifically, emerging adult couples experience several unique financial challenges that may contribute to poorer financial communication and pose relational risks. Utilizing structural equation modeling with a sample of 1,950 U.S. emerging adults, the current study tests associations between the time of a couple’s first financial discussion, financial communication, relationship quality, and financial conflict. Results indicate that initiating financial discussion earlier in a romantic relationship may benefit relationship quality—through financial communication. However, having an earlier first financial discussion as a couple was also positively associated with financial conflict. Financial therapists might consider …


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 …