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Social and Behavioral Sciences Commons™
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- Keyword
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- Financial therapy (4)
- Financial stress (2)
- Personality (2)
- Saving (2)
- Attachment styles (1)
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- Behavioral finance (1)
- Behavioral health (1)
- Changes and grief model (1)
- Close relationships (1)
- Cognitive ability (1)
- Communication (1)
- Economic pressure (1)
- Elderly (1)
- Family finance (1)
- Family studies (1)
- Financial anxiety (1)
- Financial biases (1)
- Financial capability (1)
- Financial help seeking (1)
- Financial infidelity (1)
- Financial knowledge (1)
- Financial management (1)
- Financial management behaviors (1)
- Financial satisfaction (1)
- Financial therapy; Financial Therapy Association (1)
- Financial threat (1)
- Gambling (1)
- Gambling affinity (1)
- Grief (1)
- Health status (1)
Articles 1 - 21 of 21
Full-Text Articles in Social and Behavioral Sciences
2020 Membership Profile Of The Financial Therapy Association, Kristy L. Archuleta, Malika Dhakhwa
2020 Membership Profile Of The Financial Therapy Association, Kristy L. Archuleta, Malika Dhakhwa
Journal of Financial Therapy
The Financial Therapy Association (FTA) periodically releases a report of the state of its membership. This report is from membership data collected in 2020 as a follow-up to the 2011 and 2013 reports. Since the 2013 report, FTA developed a code of ethics and professional certification. The current report highlights differences in membership characteristics and perspectives of financial therapy and the developing field and profession.
Investigating Financial Biases That Can Increase Impact On Paying Bills And Saving, Lucy M. Delgadillo Ph.D.
Investigating Financial Biases That Can Increase Impact On Paying Bills And Saving, Lucy M. Delgadillo Ph.D.
Journal of Financial Therapy
This article explores financial biases and their relation to financial management behaviors. Using cognitive, evolutionary psychology, and behavioral finance theories, this study suggests that biases can be intentionally used to our benefit. The study shows statistically significant associations between some biases and financial management practices such as paying bills on time and saving regularly in the surveyed sample. The study provides insights into intentionally using financial biases to increase impact and success by helping individuals commit to the best course of action or choose the least costly financial alternative.
The Budget And The Bedroom: Associations Between Financial Management Behaviors, Perceptions Of Economic Pressure, And Sexual Satisfaction, Matthew T. Saxey, Chelom E. Leavitt, Jeffrey P. Dew, Jeremy B. Yorgason, Erin K. Holmes, Ashley B. Lebaron-Black
The Budget And The Bedroom: Associations Between Financial Management Behaviors, Perceptions Of Economic Pressure, And Sexual Satisfaction, Matthew T. Saxey, Chelom E. Leavitt, Jeffrey P. Dew, Jeremy B. Yorgason, Erin K. Holmes, Ashley B. Lebaron-Black
Journal of Financial Therapy
Although money and sex are both salient to romantic relationships, previous literature has rarely examined the association between the two. In the current study, we evaluate associations between financial management behaviors, perceptions of economic pressure, and sexual satisfaction. We used nationally representative opposite-sex newlywed dyadic data (N = 1,447 couples) and an actor-partner interdependent structural equation model to test these associations. Results indicate that as financial therapists aid opposite-sex newlywed clients in their financial management, they may also be lessening perceptions of economic pressure. For wives, this lessening of perceptions of economic pressure may benefit husbands’ and wives’ sexual satisfaction. …
Editorial Vol. 12 Issue 1, Kristy L. Archuleta, Sarah D. Asebedo
Editorial Vol. 12 Issue 1, Kristy L. Archuleta, Sarah D. Asebedo
Journal of Financial Therapy
We have exciting news to share with you in the Editorial Vol. 12 Issue 1! First we have an upcoming special issue on Diversity, Inclusion, and Equity that is slated to be published in December 2022. Second, but for the first time in JFT history, we are officially transitioning editors. We are excited for the future of the Journal of Financial Therapy. We hope you enjoy this issue.
Perceptions Of A Partner's Spending And Saving Behavior And Financial Satisfaction, John Grable, Michelle Kruger, Jamie Lynn Byram, Eun Jin Kwak
Perceptions Of A Partner's Spending And Saving Behavior And Financial Satisfaction, John Grable, Michelle Kruger, Jamie Lynn Byram, Eun Jin Kwak
Journal of Financial Therapy
The purpose of this study was multifaceted. The first purpose was to test a relatively new scale—the Spender-Saver Perception Scale (Kruger, 2019)—to determine if perceptions of one’s marriage or cohabitation partner’s spending and saving behavior can be used to describe the subjective financial satisfaction of the one making the appraisal. The second purpose was to determine in an exploratory manner whether perceptions of spending and saving differ by the gender of someone in a marital or committed cohabitating relationship. Data for the study were obtained from an online survey of 313 adults. Partner perceptions were evaluated using a scale developed …
Financial Anxiety Among Caregiving Parents Of Adult Children With A Substance Use Disorder, Rachel R. Tambling, Carissa D'Aniello, Beth Russell
Financial Anxiety Among Caregiving Parents Of Adult Children With A Substance Use Disorder, Rachel R. Tambling, Carissa D'Aniello, Beth Russell
Journal of Financial Therapy
Substance use is a growing concern in the United States, with widespread harms, including substantial costs to individuals, families, and societies, poor outcomes for the substance user, and deleterious impacts on the family and community. When a young adult develops a substance use disorder, a parent or other loved one often assumes a caregiving role, and experiences burdens associated with this role including impacts to emotional well-being and financial stability. The present study examined experiences of financial anxiety in a sample (n = 172) of caregivers of adults with a substance use disorder recruited from online and in person …
Describing Gambling Affinity: The Role Of Personality Traits, John Grable, So-Hyun Joo, Eun Jin Kwak
Describing Gambling Affinity: The Role Of Personality Traits, John Grable, So-Hyun Joo, Eun Jin Kwak
Journal of Financial Therapy
This study was undertaken to determine the degree to which personality dimensions provide insights into who is likely to gamble a significant dollar amount at a casino. Using measures of the Big Five, respondents were grouped into one of the following four personality clusters: (a) Moderate Trait Scores, in which no trait dimension was dominant; (b) Elevated Trait Scores, where a respondent scored highly across trait dimensions; (c) Agreeably Conscientious, in which a respondent scored highly on the agreeableness and conscientious trait domains; and (d) Highly Extraverted, where a respondent’s dominant trait dimension was extraversion. Respondents who were classified as …
Older Adults’ Life Satisfaction: The Roles Of Seeking Financial Advice And Personality Traits, Swarn Chatterjee, Lu Fan
Older Adults’ Life Satisfaction: The Roles Of Seeking Financial Advice And Personality Traits, Swarn Chatterjee, Lu Fan
Journal of Financial Therapy
This paper uses 1,237 respondents from the Health and Retirement Study dataset to examine the relationships among personality, financial advice-seeking, and life satisfaction of U.S. older adults. The results indicate that extraversion is negatively associated with seeking professional financial advice, while conscientiousness and openness were associated positively with seeking professional financial advice. Individuals with a neurotic personality trait were positively associated with seeking financial advice from families and friends. Additionally, seeking professional financial advice, and being extraverted and conscientious, were positively associated with life satisfaction among older adults. The implications for financial therapists and counselors include suggestions for implementation of …
Book Review: The Healthy Love And Money Way: How The Four Attachment Styles Impact Your Financial Well-Being, Renee L. Earwood, Brandon D. Ratzlaff
Book Review: The Healthy Love And Money Way: How The Four Attachment Styles Impact Your Financial Well-Being, Renee L. Earwood, Brandon D. Ratzlaff
Journal of Financial Therapy
Book Review: The Healthy Love and Money Way: How the Four Attachment Styles Impact Your Financial Well-Being
Researcher Profile Interview: Ashley Lebaron-Black, Ashley Lebaron-Black
Researcher Profile Interview: Ashley Lebaron-Black, Ashley Lebaron-Black
Journal of Financial Therapy
This profile features researcher, Dr. Ashley LeBaron-Black, from Brigham Young University.
Book Review: Money Mammoth: Harness The Power Of Financial Psychology To Evolve Your Money Mindset, Avoid Extinction, And Crush Your Financial Goals, Robin Raniero Norris
Book Review: Money Mammoth: Harness The Power Of Financial Psychology To Evolve Your Money Mindset, Avoid Extinction, And Crush Your Financial Goals, Robin Raniero Norris
Journal of Financial Therapy
The book Money Mammoth focuses on one’s beliefs and habits around money. The authors of the book do not provide financial advice, but rather offer more about the general understanding of how you relate to others and the world around you regarding your financial thoughts and behaviors.
Practitioner Profile Interview: Erika Wasserman, Erika Wasserman
Practitioner Profile Interview: Erika Wasserman, Erika Wasserman
Journal of Financial Therapy
This profile features Erika Wasserman, a financial therapist from Florida.
When Money Can’T Be Avoided: Helping Money Avoidant Widows Using The Changes And Grief Model (Fta Best Paper Award), Deb Finnegan Biever, Nipa Patel, Ashley Agnew, Daniel Kopp, Jodi Krausman, Megan A. Mccoy
When Money Can’T Be Avoided: Helping Money Avoidant Widows Using The Changes And Grief Model (Fta Best Paper Award), Deb Finnegan Biever, Nipa Patel, Ashley Agnew, Daniel Kopp, Jodi Krausman, Megan A. Mccoy
Journal of Financial Therapy
Widows represent one of the fastest-growing demographics due to the global COVID-19 pandemic. Many widows also lost their family’s financial manager because more men hold the role of household financial manager. When their spouse dies, the widow can experience unhealthy attitudes towards finances and financial anxiety. The Changes and Grief Model for Financial Guidance pairs financial therapy techniques and inquiry methods, such as The Work of Byron Katie®, with the grief process and the change cycle. Using this model enables financial practitioners, mental health practitioners, and financial therapists to recognize the stage of grief the widow is experiencing and use …
The Money Scripts Related To The Use And Trust Of Investment Advice, Travis L. Sholin, Han Na Lim, Miranda Reiter, Efthymia Antonoudi, Meghaan Lurtz
The Money Scripts Related To The Use And Trust Of Investment Advice, Travis L. Sholin, Han Na Lim, Miranda Reiter, Efthymia Antonoudi, Meghaan Lurtz
Journal of Financial Therapy
This study examines the association between four money scripts (i.e., money avoidance, money worship, money status, and money vigilance) and the use of investment advice and trust in that advice from a variety of sources (i.e., family and friends, financial software, financial professionals, and one’s own research). Using primary data, we found that money avoidance was negatively associated with trust in professional financial advice. Money worship is positively associated with receiving investment advice from financial software and doing one’s own research. Money status was negatively associated with trusting one's own research. Money vigilance was positively associated with using a financial …
Let’S Talk About Money: The Role Of Attachment Styles In Couples’ Financial Communication, Financial Management, And Financial Conflict, Monique M. H. Pollmann
Let’S Talk About Money: The Role Of Attachment Styles In Couples’ Financial Communication, Financial Management, And Financial Conflict, Monique M. H. Pollmann
Journal of Financial Therapy
There are many households with financial problems, but most research on financial management is restricted to individual effects, not taking into account the relationship these individuals are in. The current investigation tests whether a person’s attachment style predicts how comfortable they are talking about financial issues with their partner and how that relates to different financial outcome variables. Two cross-sectional survey studies in the Netherlands and the US, each with more than 100 participants show that a higher score on anxious attachment is related to less communication about money with one’s partner. Less financial communication is related to worse financial …
Financial Capability, Financial Threat, And Health: Implications For Social Work Practice, Sally A. Hageman, Edward Pecukonis
Financial Capability, Financial Threat, And Health: Implications For Social Work Practice, Sally A. Hageman, Edward Pecukonis
Journal of Financial Therapy
Interest in financial capability and financial threat has gained momentum in social work. However, little is known about the relationship between an individual’s financial capability and perception of financial threat with self-reported health scores. This study examines connections between financial capability, financial threat, and self-reported health scores. Primary data was collected via a paper and pencil survey yielding responses from 153 adults ages 18 and older. Respondents primarily came from the east coast of the United States. Results indicate lower Financial Threat Scores (FTS) are significantly correlated with better self-reported health scores. Regression results reveal FTS is a significant predictor …
Researcher Profile: An Interview With Derek J. Sensenig, Derek Sensenig
Researcher Profile: An Interview With Derek J. Sensenig, Derek Sensenig
Journal of Financial Therapy
This profile features researcher, Dr. Derek J. Sensenig, from Encompass Advisory Services, LLC.
Practitioner Profile: An Interview With Derek Hagen, Derek Hagen
Practitioner Profile: An Interview With Derek Hagen, Derek Hagen
Journal of Financial Therapy
This profile features Derek Hagen, a practitioner from Minnesota.
A Review Of "Silver Spoon Kids: How Successful Parents Raise Responsible Children", Marian Betz-Krulac
A Review Of "Silver Spoon Kids: How Successful Parents Raise Responsible Children", Marian Betz-Krulac
Journal of Financial Therapy
Book Review of "Silver Spoon Kids: How Successful Parents Raise Responsible Children"
When Your Partner Cheats: Financial Infidelity In Committed Couples, Michael D. Mong, Hans Stadthagen, Kenji Noguchi, Michelle Jeanfreau
When Your Partner Cheats: Financial Infidelity In Committed Couples, Michael D. Mong, Hans Stadthagen, Kenji Noguchi, Michelle Jeanfreau
Journal of Financial Therapy
The present study evaluated the affective, behavioral, and cognitive responses of 203 participants who were queried about their romantic partners’ potential financial infidelity as well as their own. Results were analyzed through the lens of the ABC model (affect, behavior, cognition) and indicated that participants would be much more upset and less accepting if their romantic partner: filed for bankruptcy without their partner’s knowledge, gambled away money without telling their partner, lied to cover up a debt, kept a secret account, took out savings without consulting their partner, spent money on pornographic material without telling their partners, hid credit card …
Editorial Vol. 12 Issue 2, Sarah D. Asebedo
Editorial Vol. 12 Issue 2, Sarah D. Asebedo
Journal of Financial Therapy
This issue features the award-winning Best Paper from the Financial Therapy Association 2021 Annual Conference amongst other notable papers covering various topics including money and grief, attachment styles, money and sex, money scripts and investment advice, financial biases, and the connection between financial threat and health. Be sure to check out the book review of Silver Spoon Kids: How Successful Parents Raise Responsible Children, and the researcher and practitioner profiles introducing Dr. Derek J. Sensenig and Derek Hagen, respectively. We hope you enjoy this issue!