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Journal of Financial Therapy

Money scripts

Publication Year

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Full-Text Articles in Social Work

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 Dec 2020

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 …


The Financial Health Of Mental Health Professionals, Sonya L. Britt, Bradley Klontz, Racquel Tibbetts, Linda Leitz Jul 2015

The Financial Health Of Mental Health Professionals, Sonya L. Britt, Bradley Klontz, Racquel Tibbetts, Linda Leitz

Journal of Financial Therapy

Recent research has suggested that mental health professionals may be at greater risk of endorsing money scripts associated with lower income, lower net worth, and problematic financial behaviors. This study more closely examined the financial health of mental health professionals using the Klontz-Britt Financial Health Scale (FHS). Data was collected from 264 individuals recruited through financial seminars given by the researchers and through social media. Results indicated that when compared to other occupations, mental health professionals report significantly lower levels of financial health. Regardless of occupation, money status and money worship scripts were associated with lower levels of financial health, …