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Ashley B. LeBaron, Erin K. Holmes, Bryce L. Jorgensen, and Roy A. Bean

  The purpose of this paper was to determine whether overt financial education from parents during childhood (retrospective measure collected in the same survey wave) is associated with a greater frequency of healthy financial management behaviors in emerging adulthood, and whether this relationship is dependent on gender. Using a sample... Read More >

Julie Birkenmaier, PhD & Qiang (John) Fu, MD, PhD, Saint Louis University

This paper examined the relationship of household financial behaviors and accesses. Using the 2015 National Financial Capability Study, the current study conducted latent class analysis of financial behaviors to identify latent classes (N=27,564). The distribution of access was investigated among latent classes, which were regressed on the financial behaviors of... Read More >

Yingxia Cao, PhD, Fengmei Gong, & Tong Zeng, University of La Verne

This study was intended to find out whether social media could be a solution to improve personal financial literacy and ability. The authors examined the antecedents and consequences of using social media for personal finance with survey data from 359 individuals who used social media tools to view, learn, post,... Read More >

Dr. Rashid Ameer & Dr. Robert Kahn

We used survey data from a cross-sectional New Zealand sample of adults to examine whether financial socialization and financial literacy are associated with their financial behavior. The results show different financial socialization experiences of adult males compared to adult females are associated with higher financial literacy and higher financial confidence.... Read More >

Jennifer K. Rea, Joyce Serido, Lynne M. Borden, Sharon M. Danes, Sun Young Ahn, Soyeon Shim

This study examined potential impacts of financial resources and  values on emerging adults’ choice in committed relationships (N =424, 26-35 years). Guided by Deacon and Firebaugh’s (1988) Family Resource Management theory, financial self-sufficiency and forming a committed relationship were conceptualized as two salient goals of emerging adulthood. Multinomial logistic regression... Read More >

Emily Koochel, Melinda Stafford – Markham, Duane Crawford, and Kristy L. Archuleta

The purpose of this study was to develop the Financial Transparency Scale (FTS) to assess financial transparency, the open and honest disclosure of one’s finances, between married partners. A sample of 183 individuals married for less than 5 years, in their first marriage, completed an online survey. Principal components analysis... Read More >

Shannon Tumataroa and David O’Hare

The efficacy of family budgeting programs is often measured purely in terms of financial outcomes. There has been less research on its potential impacts on cognitive outcomes. The present study investigated whether an existing financial counseling intervention could help people improve their deliberative cognitive capacity. A community sample of participants... Read More >

Hoa Thi Nguyen

Lack of standardized measurement is one of the main factors that inhibits rigorous evaluations of financial literacy programs. However, although several scholars have developed financial self-efficacy measurements, none have been tailored for women. This article aims to develop and validate a Women’s Financial Self-Efficacy Scale (WFSES). Results showed that the... Read More >

Jamie Wagner

This study examines associations between financial education and financial literacy among people with different levels of education and income using a large, national data set, the 2015 National Financial Capability Study. This study estimates whether financial education in high school, college, or through an employer, is associated with a person’s... Read More >

Jacob A. Williams, and Russell N. James

Recent research demonstrates that personal mortality salience from annuity contemplation generates an avoidance response, reducing interest in purchasing annuities. However, theoretical models of mortality salience also predict an increased desire for investment in the future circumstances of surviving others (“symbolic immortality”), such as that provided by bequest provisions in an... Read More >

Patrick Payne, Charlene M. Kalenkoski, and Christopher Browning

This study tests whether risk tolerance mitigates the effects of credit card mismanagement on users’ financial satisfaction. We used data from the Health and Retirement Study and found results showing that credit card mismanagement reduces the financial satisfaction of lower-risk-tolerance users only. The results also suggest that the psychic costs... Read More >

Rebecca G. Chambers, Carlos J. Asarta, and Elizabeth N. Farley-Ripple

This study examines the gender gap in financial literacy by using the Financial Literacy Assessment from the OECD’s Programme for International Student Assessment (PISA). The analysis focuses on the influence of parents on their children’s understanding of financial concepts, utilizing multilevel modeling procedures to examine variance among students, within schools,... Read More >