Counseling Psychology Commons^™

Pedagogical Experience Of Teaching Financial Coaching, Lucy M. Delgadillo Ph.D

Journal of Financial Therapy

This study reports on the pedagogical experience of teaching a financial coaching course to personal and family finance undergraduate students at XXXX State University. The paper describes the conceptualization of the class, including theoretical frameworks, ethical considerations, practitioner’s models, learning objectives, and competencies. The assessment of the course provided data used by the instructor to refine and adjust future course content and assignments. Quantitative data was collected in pre- and post-tests assessments. The quantitative assessment shows statistically significant gains in specific coaching skills and competencies. The qualitative assessment indicates that, at the end of the course, students had better understanding …

Financial Enmeshment: Untangling The Web, Randy Kemnitz, Bradley Klontz, Kristy L. Archuleta

Journal of Financial Therapy

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Children learn through observing and interacting with their parents. Much of what children learn about money comes from these observations and interactions. An area of concern in parent – child relationships is the impact of boundaries and roles. Parents whose boundaries with their children are rigid and inflexible do not prepare their children to effectively deal with stress in their lives. Similarly, parents whose boundaries are too flexible may impede their children’s ability to develop appropriate coping skills. This is true of their development of personal finance, money, consumption, and debt coping skills. Financial enmeshment occurs when parents involve …

Internal Consistency And Convergent Validity Of The Klontz Money Behavior Inventory (Kmbi), Colby D. Taylor, Bradley Klontz, Sonya L. Britt

Journal of Financial Therapy

The Klontz Money Behavior Inventory (KMBI) is a standalone, multi-scale measure than can screen for the presence of eight distinct money disorders. Given the well-established relationship between mental health and financial behaviors, results from the KMBI can be used to inform both mental health care professionals and financial planners. The present study examined the internal consistency and convergent validity of the KMBI, through comparison with similar measures, among a sample of college students (n = 232). Results indicate that the KMBI demonstrates acceptable internal consistency reliability and some convergence for most subscales when compared to other analogous measures. These …

Reliability And Convergent Validity Of The Klontz Money Script Inventory-Revised (Kmsi-R), Colby D. Taylor, Bradley Klontz, Sonya L. Britt

Journal of Financial Therapy

Few contemporary, empirically-based instruments exist to assess attitudes and beliefs about money despite a large research base linking mental health outcomes to financial beliefs. An abbreviated form of the Klontz Money Script Inventory (KMSI), the Klontz Money Script Inventory-Revised (KMSI-R), has been developed to inform mental health practitioners and financial advisors about the money attitudes and beliefs of their clients using an empirically-based instrument. This study examined the technical adequacy of the KMSI-R among a sample of college students (n = 326). Results indicate high reliability for the KMSI-R as well as weak-to-moderate positive correlations when compared to the …

Editorial Volume 6, Issue 2, Kristy L. Archuleta

Journal of Financial Therapy

Money scripts, money behaviors, money disorders, and financial coaching have been seen in recent popular press. If you are reading this issue, you are probably aware that continued empirical research in these areas is needed. I am pleased to introduce the articles related to these topics in this issue of the Journal of Financial Therapy.

Displacement, Identity And Belonging For Ibyangin: The Personal Journey Of Transracial Korean-Born Adoptees, Jason D. Reynolds, Joseph G. Ponterotto, Christina Lecker

The Qualitative Report

The present study examined the lived experience (erlebnis) of adult transracial, Korean-born adoptees (Ibyangin; Yngvesson & Coutin, 2006) raised in the United States by White families. Long interviews (McCracken, 1988) were conducted with fourteen young adult (age 26-30) Korean-born adoptees in-person or by phone. The study was anchored in the constructivist-interpretivist research paradigm (Ponterotto, 2005) and utilized the phenomenological inquiry model (Moustakas, 1994) to explore the essence of the international transracial adoption experience. Two major clusters of meaning with additional subthemes were related to a) identity development, and b) decision to return to Korea. Limitations of the study are reviewed, …