Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons™

Open Access. Powered by Scholars. Published by Universities.®

Kansas State University Libraries

Journal of Financial Therapy

2019

Articles 1 - 18 of 18

Full-Text Articles in Social and Behavioral Sciences

Book Review: Mind Over Money Jan 2019

Book Review: Mind Over Money

Journal of Financial Therapy

Mind Over Money: The Psychology of Money and How to Use It Better, by Claudia Hammond, is an engaging synopsis of multiple research studies from research literature around the world centered on the psychology of money.

Go to article

Debt, Religious Beliefs, And Life Satisfaction, David A. Ammerman, Cherie Stueve, Stephen Hayward Jan 2019

Debt, Religious Beliefs, And Life Satisfaction, David A. Ammerman, Cherie Stueve, Stephen Hayward

Journal of Financial Therapy

The purpose of this study was to explore religious factors as a resource for coping with indebtedness. Using a sample (n = 3,174) extracted from the Health and Retirement Study (HRS), we examined the relationship between household debt and life satisfaction, and tested for stress-buffering (i.e., moderation) from religious identification, religious beliefs, and prayer frequency. Results suggest that some religious factors may play a small role in moderating the relationship between indebtedness and life satisfaction, and that such moderation is itself dependent on one’s religious identification. Implications for practice (particularly faith-based providers of financial counseling) and recommendations for future …

Go to article

The Role Of Dual-Self Constructs In Determining Payment Card Choice: Insights For Working With Credit Card Borrowers, Laura Ricaldi, Sandra J. Huston Jan 2019

The Role Of Dual-Self Constructs In Determining Payment Card Choice: Insights For Working With Credit Card Borrowers, Laura Ricaldi, Sandra J. Huston

Journal of Financial Therapy

Evidence shows that consumers are always better off using credit cards rather than debit cards as a payment choice (King & King, 2005). This assumes that credit card payers are “convenience users” and do not carry a balance. However, we know there are habitual credit card borrowers (“revolving users”) as well as those that elect to use debit cards, even though the costs outweigh the benefits. By examining the determinants of payment choice, with a specific focus on dual-self constructs (attitudes, myopia, and financial sophistication), results from this study can provide insight for financial professionals to help mitigate the incidence …

Go to article

Scaffolding Or Enabling? Implications Of Extended Parental Financial Support Into Adulthood, David Tenerelli, Sharon Weaver, Nathan Astle, Megan A. Mccoy Jan 2019

Scaffolding Or Enabling? Implications Of Extended Parental Financial Support Into Adulthood, David Tenerelli, Sharon Weaver, Nathan Astle, Megan A. Mccoy

Journal of Financial Therapy

Recent decades have seen tremendous changes in the duration of time that parents offer financial support to their adult children. This paper explores the literature regarding the variations in support, the forces impacting those variations, and the effects of that support on the children's human capital and financial attainment, as well as implications for parents. A case vignette based on an amalgam of case experiences by the authors is provided to explore the relevance of the literature findings to an amalgam financial planning client in the situation of providing financial support to an adult child. Sample interventions are based on …

Go to article

Practitioner Profile: Lindsay Bryan-Podvin Jan 2019

Practitioner Profile: Lindsay Bryan-Podvin

Journal of Financial Therapy

Lindsay Bryan-Podvin, owner and founder of Mind Money Balance, is a financial therapist who started her career in the field of mental health treatment and advocacy. She specializes in working with heterosexual couples with breadwinning women.

Go to article

Financial And Parental Stress As Predictors Of Retirement Worry, Helen Kiso, Annamaria L. Rudderow, Jen D. Wong Jan 2019

Financial And Parental Stress As Predictors Of Retirement Worry, Helen Kiso, Annamaria L. Rudderow, Jen D. Wong

Journal of Financial Therapy

While past studies have examined retirement planning, limited studies have investigated the role of parenthood and its influence on retirement worry. This study draws from three bodies of literature: saving for retirement, family stressors, and retirement worry. The purpose of this study was to identify key predictors of retirement worry in working-age adults with children. Specifically, it was of interest to consider child and family factors on retirement worry. A sample of 466 adults (Mage = 39.05, SD = 9.32) completed an online questionnaire. A hierarchical linear regression analysis was conducted. It was found that retirement planning measures …

Go to article

Practitioner Profile: Ed Coambs, Ed Coambs Jan 2019

Practitioner Profile: Ed Coambs, Ed Coambs

Journal of Financial Therapy

Practitioner Profile: Ed Coambs

Go to article

Volume 10, Issue 2 Editorial: Celebrating 10 Years Of The Journal Of Financial Therapy, Kristy L. Archuleta Jan 2019

Volume 10, Issue 2 Editorial: Celebrating 10 Years Of The Journal Of Financial Therapy, Kristy L. Archuleta

Journal of Financial Therapy

The Financial Therapy Association (FTA) and Journal of Financial Therapy have much to celebrate over the past decade!

Go to article

Book Review: Client Psychology Jan 2019

Book Review: Client Psychology

Journal of Financial Therapy

For practitioners and researchers in the field of financial therapy, the interweaving of emotion and money has been at the center of our attention since the field’s inception (Grable, McGill, &Britt, 2010). The field of financial planning, a field in its 50th year (Brandon& Welch, 2009) is making active steps to include this same realization in the Center for Financial Planning’s edited book, Client Psychology. The work, edited by Dr. Charles Chaffin, the director of academic programs and initiatives for the CFP® Board, brings together important chapters that begin to prepare financial planners for integrating client psychology into their practices.

Go to article

Researcher Profile: Derek Lawson Jan 2019

Researcher Profile: Derek Lawson

Journal of Financial Therapy

Derek Lawson, Ph.D., CFP®, is an Assistant Professor of Personal Financial Planning at Kansas State University and a partner and financial planner at Priority Financial Partners, based in Durango, CO. His research is practitioner-focused, allowing him to combine his past and present experience as a financial planner with his research interests

Go to article

Vol 10 Issue 1 Editorial, Kristy L. Archuleta Jan 2019

Vol 10 Issue 1 Editorial, Kristy L. Archuleta

Journal of Financial Therapy

Vol 10 Issue 1 Editorial

Go to article

Psychosocial Attributes And Financial Self-Efficacy Among Older Adults, Sarah D. Asebedo Jan 2019

Psychosocial Attributes And Financial Self-Efficacy Among Older Adults, Sarah D. Asebedo

Journal of Financial Therapy

This study investigates the relationship between psychosocial characteristics and financial self-efficacy (FSE) within a sample of 9,187 U.S. individuals over age 50 from the Health and Retirement Study. Psychosocial factors were operationalized through the PERMA well-being construct from positive psychology: positive emotions, engagement, relationships, meaning, and accomplishment. Results of a second-order confirmatory factory analysis (CFA) within a structural equation modeling framework revealed that the PERMA construct was positively associated with FSE for the full sample, the spouse/partner sample, and the sample with children. Results also indicated that all individual PERMA elements were directly and positively associated with FSE except for …

Go to article

Healthcare Professionals’ Retirement Intentions: The Roles Of Financial And Work Factors, Yetty Shobo 3674528, Jen D. Wong Jan 2019

Healthcare Professionals’ Retirement Intentions: The Roles Of Financial And Work Factors, Yetty Shobo 3674528, Jen D. Wong

Journal of Financial Therapy

Delayed retirement has been utilized to provide short-term solution to the healthcare workforce demand-supply gap arising from increased retirement and healthcare needs by aging population. To adequately design an effective financial therapy and retirement delaying program, a knowledge of key factors affecting retirement intentions is critical. This study examines the influences of financial and work-related factors on retirement intentions among a sample of 21,860 healthcare professionals between 50 to 65 years old. Using data from the Virginia’s 2016 Dentist, Licensed Practical Nurse, Registered Nurse, Physician, and Pharmacist Surveys, multinomial logistic regressions were used to identify key factors associated with retirement …

Go to article

Book Review: Communication Essentials For Financial Planners, Dana Carney Jan 2019

Book Review: Communication Essentials For Financial Planners, Dana Carney

Journal of Financial Therapy

Book Review: Communication Essentials for Financial Planners

Go to article

Researcher Profile: Michelle Jeanfreau, Michelle Jeanfreau Jan 2019

Researcher Profile: Michelle Jeanfreau, Michelle Jeanfreau

Journal of Financial Therapy

Researcher Profile: Michelle Jeanfreau

Go to article

Book Review: Financial Recovery, Nathan Astle Jan 2019

Book Review: Financial Recovery, Nathan Astle

Journal of Financial Therapy

Book Review: Financial Recovery

Go to article

An Annotated Bibliography Of Financial Therapy Research: 2010 To 2018, Christina Glenn, Brandy Caulfield, Megan A. Mccoy, Jordan R. Curtis, Nathan Gale, Nathan Astle Jan 2019

An Annotated Bibliography Of Financial Therapy Research: 2010 To 2018, Christina Glenn, Brandy Caulfield, Megan A. Mccoy, Jordan R. Curtis, Nathan Gale, Nathan Astle

Journal of Financial Therapy

The purpose of this paper is to expand upon Mentzer, Britt, Samuelson, and Herrera’s (2010) annotated bibliography of research conducted in the field of financial therapy prior to 2010 and provide readers with a current overview of financial therapy research published since that time. Annotated bibliographies are categorized by topics and future research in each area is suggested. In addition, two tables were developed to provide readers a snapshot of the current landscape of financial therapy. The first table provides a list of journals of published articles featuring financial therapy or related topics. The second table provides an overview of …

Go to article

Exploring How One’S Primary Financial Conversant Varies By Marital Status, Megan Mccoy, Kenneth J. White, Xianyan Chen Jan 2019

Exploring How One’S Primary Financial Conversant Varies By Marital Status, Megan Mccoy, Kenneth J. White, Xianyan Chen

Journal of Financial Therapy

Research has shown communication around finances is essential to relational satisfaction, yet often couples avoid these money talks. In this study, we examined how the financial discussions were impacted by marital status. The findings were surprising. Married people were the least likely to be engaging in money talks with their partner, all of the other participants (e.g., cohabitating, dating, separated) were all engaging their partners at much greater rates in money talks. However, married respondents were talking to their family members, friends, financial professionals, and other professionals about money. These different conversations were analyzed through the lens of social capital …

Go to article