Psychology Commons^™

The Road To Financial Satisfaction: Testing The Paths Of Knowledge, Attitudes, Sense Of Control, And Positive Financial Behaviors, Shekinah E. Dare, Wilco W. Van Dijk, Eric Van Dijk, Lotte F. Van Dillen, Marcello Gallucci, Olaf Simonse

Journal of Financial Therapy

A goal of financial therapies is to increase clients’ financial satisfaction by helping them to perform positive financial behaviors. The present study argues that the success of such therapies can be further enhanced by considering the individual factors that underlie such behaviors. To identify the possibly most promising factors, data from the 2018 MAS Financial Capability Survey (n = 2,133) were used and three sets of individual factors were examined: knowledge factors (financial knowledge and financial confidence), attitudinal factors (future orientation and attitude toward money), and sense of control factors (spending self-control and perceived behavioral control). Path analysis findings …

Editorial, Volume 11, Issue 2, Kristy L. Archuleta

Journal of Financial Therapy

In this issue, we present four scholarly articles, two book reviews, and two professional profiles. The scholarly articles address a range of issues across diverse populations.

Save, Even If It’S A Penny”: Transnational Financial Socialization Of Black Immigrant Women, Bertranna A. Muruthi, Kimberly Watkins, Megan A. Mccoy, Kenneth J. White, Amanda Stafford Mcrell, Michael Thomas, Abiola Taiwo

Journal of Financial Therapy

The purpose of this study is to investigate Black-Caribbean and African women’s transnational financial socialization. Analysis of the data show 1) financial socialization in the country of origin: (a) parents stressed the importance of saving, (b) learned about money management explicitly, (c) learned about money management through observation, (d) learned by observing parent’s struggle; and 2) the impact to women’s financial navigation in the U.S.: (a) not receiving financial education, (b) unexpected financial stressors in the U.S., (c) difficulty saving, (d) the need for more financial education. Implications for mental health and financial practitioners and researchers are provided.

Integrating Financial Therapy Within Family-Owned Businesses: A Theoretical Case Vignette With Recommended Strategies For Consulting With Copreneurs, Josh W. Harris, Rob Stephens, Derek Sensenig, Stefanie Pickard, Megan A. Mccoy, Richard Kahler

Journal of Financial Therapy

Broadly speaking, finances are often one of the most strenuous aspects of a relationship. One potential contributing factor to financial conflict experienced by couples are having different beliefs or attitudes towards money, coined previously as money scripts (Klontz, Kahler, & Klontz, 2008). Differing money scripts between partners can cause a breach in understanding of their partner's internal experience around money that may lead to misunderstanding and conflict. This may be magnified for copreneurs, or romantic partners, who integrate a personal and working relationship within a business’s ownership structure. In this unique arrangement of personal and professional relationships, the traditional lines …

Book Review: The Less People Know About Us, Tiyani Rodrigo

Journal of Financial Therapy

The Less People Know about Us is an autobiographical book written by Axton Betz-Hamilton. The book focuses on her own experiences of child identity theft and the elder financial exploitation perpetrated by a loved one. Inspired by this experience, Dr. Betz-Hamilton went on to receive a Ph.D. in Human Development and Family Studies and has since dedicated her research to the area of child identity theft. This book review evaluates the organization of the book exploring the usability of the book for practitioners in the field of financial therapy. The Less People Know about Us was enjoyable to read due …

Book Review: Tiny Habits: The Small Changes That Change Everything, Tracy E. Kasing

Journal of Financial Therapy

Book Review of Tiny Habits: The Small Changes that Change Everything.

Demographic, Psychosocial And Perceived Environmental Factors Associated With Depression Severity In A Midwest Micropolitan Community, Jason D. Daniel-Ulloa, Barbara I. Baquero, Christine M. Kava, Mayra L. Smith-Coronado, Nicole L. Novak, Dan Sewell, Adriana Maldonado, Heidi L. Haines, Claudia Gates, Edith Parker

Health Behavior Research

The purpose of this study was to inform a community-engaged partnership concerned with mental health in their community by exploring factors associated with depression among a sample of residents in a micropolitan city in a rural state. Social and contextual factors are important influences on depression risk, but most research in this area has focused on urban settings. Micropolitan areas (midsize rural communities centered around a population core of 10,000-50,000 people) are home to the majority of rural residents and this specific social and economic context may have unique influences on depression risk. Using a random-digit-dial sampling method, adult residents …

Health Behaviors And Pandemics, Jay E. Maddock, Anna Greer

Health Behavior Research

Human health behaviors are essential to reducing the spread and impact of pandemics. However, most behavioral scientists do not work in the area of pandemics given the infrequency of their occurrences. This editorial examines relevant health behavior theories, in particular the precaution adoption process model, and how these apply to the COVID-19 pandemic.

Going Beyond The Science: Fostering Community Within Health Behavior Interventions For Lasting Change, Katie M. Heinrich

Health Behavior Research

This commentary discusses the author’s views and experience regarding the importance of fostering community for effective and sustainable health behavior change.

Scented Colours: Artistic Interest In The Crossmodal Connection Between Colour And Odour, Charles Spence

Baltic International Yearbook of Cognition, Logic and Communication

Artists have long been interested in the crossmodal links that exist between colour and scent. While traditionally envisioned as a kind of synaesthesia, contemporary accounts of the connections between this particular pair of senses have typically focused on explanations in terms of involuntarily-induced crossmodal mental imagery and crossmodal correspondences instead. A large body of empirical research now supports the view that the majority of non-synaesthetic individuals do indeed systematically match colours to odours, via semantic (or source-object based) matching, and/or on the basis of emotional-mediation or perceptual similarity. Universal agreement with regard to the best- matching colours for odours is, …

Flooding Schools: School Mental Health Providers And The Climate Crisis, Erik J. Reinbergs, Sarah Fefer

International Journal of School Social Work

This study provides an example of using a problem-solving model to explore the impact of the climate crisis on schools. Using publicly available climate change and flooding prediction data, we estimate that by 2100, assuming a “medium” climate change scenario, more than 1677 schools in the coastal United States are expected to flood every year and more than 2262 schools are expected to flood every 10 years. Within the data, “medium” is defined as warming levels that will lead to an estimated five feet of sea level rise by the year 2100. Limitations in the data suggest these numbers are …

An Item Response Theory Analysis Of The Scoff Questionnaire In A Seventh Grade Population, Gerald J. Bean

International Journal of School Social Work

Eating disorders continue to be of concern to school social workers and health and counseling services staff in schools. There is a substantive need for scales that can help to measure both the extent to which eating disorders exist in a school population and to measure risk for specific students. Given that an eating disorder can be chronic and life-altering, early detection of risk is critically important. The aim of this study was to examine the psychometric properties of a popular eating order screening scale—the SCOFF Questionnaire—in a seventh-grade population using Item Response Theory methods. Epidemiological studies have suggested that …

Book Review: Advice That Sticks, Erin Bruce

Journal of Financial Therapy

Book Review for Advice that Sticks: How to give financial advice that people will follow written by Dr. Moira Somers

Understanding The Experiences Of Familiar Identity Theft Victims When A Parent Is The Perpetrator: A Pilot Study, Axton Betz-Hamilton

Journal of Financial Therapy

Incidents of familiar identity theft are becoming more common, yet limited research has explored the experiences of such victims, particularly those who had their identity stolen by a parent. In this qualitative pilot study, six participants shared their experiences during interviews. Data were analyzed using interpretive content analysis. The following preliminary themes emerged from the data: Not Filing a Police Report, Negative Impacts, Positive Impacts, Social and Demographic Factors, and Helpful Resources. Lessons learned regarding methods and suggestions for future research are provided.

Financial Help-Seeking Behaviors Of Young Adults, Christina E. Glenn, Stuart J. Heckman

Journal of Financial Therapy

The financial help-seeking behaviors of Millennials are explored and guided by the Family Financial Socialization conceptual model developed by Gudmunson and Danes (2011). Using data from the 1997 cohort of the National Longitudinal Study of Youth, a random effects probit model was used to estimate the probability of a respondent seeking financial advice at any point in time from 2006 to 2013. Results indicate personal and family demographic characteristics are associated with the decision to seek financial advice. Further analysis was conducted to determine the probability of seeking help from a financial professional. Among those who sought help, gender, marital …

Treatment-Associated Improvements In Self-Regulation And Mood As Theory-Based Correlates Of Increased Self-Efficacy For Weight-Management Behaviors, James J. Annesi

Health Behavior Research

Expanded understanding of the psychosocial dynamics of weight-loss treatment processes is required to improve consistently poor results. Women with obesity of ages 40–59 years participated in self-regulation-based (n = 41) and information-based (n = 46) treatments. Improvements in self-regulation and self-efficacy related to exercise and eating, mood, exercise, intake of fruits/vegetables and sweets, and weight were significant, and generally greater in the self-regulation group. Exercise- and eating-behavior changes significantly mediated the prediction of self-efficacy changes by changes in self-regulation, with mood change significantly adding to the prediction strength. Findings suggested the value in supporting exercise for its psychosocial …

Wombs, Wizards, And Wisdom: Bilbo's Journey From Childhood In The Hobbit, Rory W. Collins

Crossing Borders: A Multidisciplinary Journal of Undergraduate Scholarship

In The Hobbit, J. R. R. Tolkien constructs middle-aged Bilbo Baggins as a sheltered and emotionally immature ‘child’ during the opening chapters before tracing his development into an autonomous, self-aware adult as the tale progresses. This article examines Tolkien’s novel qua bildungsroman through both a literary lens—considering setting, dialogue, and symbolism, among other techniques—and via a psychological framework, emphasizing an Eriksonian conception of development. Additionally, Peter Jackson’s three-part film adaptation of The Hobbit is discussed throughout with ways that Jackson succeeds and fails at portraying Bilbo’s childlike attributes noted. I argue that Tolkien presents a sophisticated account of Bilbo’s …

Researcher Profile: Kenneth White

Journal of Financial Therapy

Research Profile Kenneth White

Researcher Profile Interview: Christina Glenn, Christina Glenn

Journal of Financial Therapy

Researcher Profile Interview: Christina Glenn

Practitioner Profile Interview: Elizabeth Sterbenz, Elizabeth Sterbenz

Journal of Financial Therapy

Practitioner Profile Interview: Elizabeth Sterbenz

Editorial, Volume 11 Issue 1, Kristy L. Archuleta

Journal of Financial Therapy

Of any field, financial therapy is uniquely positioned to help people, whether individuals, couples, or families, strengthen, adapt, and improve their wellness during this time. Financial therapists are sensitive to cultural aspects of how money impacts clients’ everyday lives. Through our unique understanding and knowledge of the intersection of money, relationships, emotions, and ways of thinking and being, we can facilitate change and offer new perspectives of hope, connection, and personal growth. While none of the articles in this issue of the journal directly address the global pandemic, the research presented and profiles highlighted do offer new insights on topics …

Book Review: Surviving Debt Expert Advice For Getting Out Of Financial Trouble, Audrey Kernodle

Journal of Financial Therapy

Surviving Debt: Expert Advice for Getting Out of Financial Trouble is a comprehensive synthesis of techniques and advice from the nation’s consumer law experts that provides all the fundamental information needed to manage debt in the United States.

Apr Financial Stress Scale: Development And Validation Of A Multidimensional Measurement, Wookjae Heo, Soo Hyun Cho, Philseok Lee

Journal of Financial Therapy

People usually experience financial stress in managing their financial resources. Despite financial stress’s importance in life outcomes and the need for a comprehensive and theory-based measurement of the construct, few studies have addressed the conceptual issues of financial stress and its measurement. Hence, by borrowing from theories of general stress, this study attempts to fill this gap. Using an expert panel and two separate online survey samples, we developed and validated a novel financial stress scale. A total of 688 responses were used in an exploratory factor analysis and 1,115 responses were used in a confirmatory factor analysis. This multidimensional …

When Are Impending Retirees Inspired To Save: The Role Of Agreeableness And Future Clarity, Simon A. Moss, Era Ghafoori

Journal of Financial Therapy

In the decade or so before they retire, many individuals do not save enough money to maintain their lifestyle after retirement. According to the self-continuity hypothesis, as individuals approach a transition in their life, such as retirement, they are not as willing to sacrifice pleasure now to benefit their future, impeding their tendency to save money judiciously and to manage their finances prudently. This longitudinal study, however, tested the hypothesis that impending retirees who are agreeable or perceive their future as vivid and certain, called future clarity, are more likely to manage their finances prudently, despite this looming transition. In …

Practitioner Profile: An Interview With Tara Tussing Unverzagt

Journal of Financial Therapy

PRACTITIONER PROFILE

An Interview with

Tara Tussing Unverzagt

Designing Behavioral Interventions That Work: The Triple T – Triple R Competing Pathways Model, Karen L. Gischlar, Laura A. Riffel

Educational Considerations

Increasing numbers of children are entering our nation’s schools with mental or behavioral health problems. Although many of these children are included in general education programs, teachers report feeling under- or unprepared to manage problematic behaviors. This is not surprising given that reviews of teacher training programs have evidenced limited coursework in classroom management. Within this paper, we present a framework, the Triple T – Triple R Competing Pathways Model, that is grounded in the tenets of Applied Behavior Analysis (ABA). ABA has decades of empirical evidence to support its use in the classroom. Triple T – Triple R simplifies …