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Financial health

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Full-Text Articles in Social Work

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, …


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 …