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LaToya Hall, Rebecca Campbell, Evan Gross, and Peter A Lichtenberg

The financial exploitation (FE) of older adults affects not only victims' finances, but also their health. This preliminary study investigated the impacts of a financial coaching program on the financial, neurocognitive, physical, and emotional health of older adult victims of FE. Twenty older adults residing in a large urban area... Read More >

J. Michael Collins, Hallie Lienhardt, and Peggy Olive

Financial coaching is an emerging strategy to help people enhance financial capability and well-being. However, few studies of coaching practices have been completed. A survey of 273 coaches in the United States provides insight into current coaching practice. The average coach in the survey served 19 clients per month and... Read More >

Julie M. Szendrey and Laci A. Fiala

This research examined how parental communication and family resources provided during adolescence relate to domain-specific financial management behaviors for a sample of 1,245 young adults age 18 to 34. Using data collected by an online survey administration organization, bivariate analysis results indicated that higher levels of parental communication about proper... Read More >

Blain M. Pearson and Charlene M. Kalenkoski

The purpose of this study is to examine migration during retirement and its association with retirement satisfaction. Utilizing longitudinal data collected from the Health and Retirement Study, this study estimates a fixed effects logit model to examine how changing U.S. Census divisions during retirement is related to retirement satisfaction. The... Read More >

Melissa J. Wilmarth, Casey J. Totenhagen, Joyce Serido, and Soyeon Shim,

Whereas problematic finances can undermine relationship satisfaction, a sense of shared financial values may bolster relationship satisfaction; thus, it is important to understand how to promote couples’ shared financial values. In this study, we examined the association of individuals’ perceptions regarding their own and their partners’ positive financial behaviors on... Read More >

Blain M. Pearson and Charlene M. Kalenkoski

The purpose of this study is to examine migration during retirement and its association with retirement satisfaction. Utilizing longitudinal data collected from the Health and Retirement Study, this study estimates a fixed effects logit model to examine how changing U.S. Census divisions during retirement is related to retirement satisfaction. The... Read More >

Mathieu R. Despard, Yingying Zeng, Sophia Fox-Dichter, Ellen Frank-Miller, and Michal Grinstein-Weiss

Financial counseling has been found to be effective in improving consumers' credit outcomes and could be expanded through the workplace to reach lower-income workers who struggle with various financial challenges. We examine engagement and credit outcomes associated with a workplace financial counseling program offered to 2,849 front-line workers in New... Read More >

Carmen Daniels, Janya McCalman , and Roxanne Bainbridge

Since 1990, financial counseling, literacy and capability services have emerged in Canada, Australia, New Zealand and the United States (CANZUS nations) as practice-based approaches to support the economic participation and financial resilience of Indigenous peoples. This systematic scoping review of the published and grey literature explores how these programs have... Read More >

Jeremiah Johnson, Donna Spraggon, Gaby Stevenson, Eliot Levine, and Gregg Mancari

The increasing role of schools in promoting financial literacy underscores the need to investigate the effectiveness of school-based financial education programs. This study examined FutureSmart—a free, co-curricular, online financial education course—using a quasi-experimental design with a diverse sample of middle school students nationwide. The study assessed the impact of the... Read More >

Ashley Tharayil and William B. Walstad

This study examined the association between financial literacy and the decision to withdraw funds from different types of retirement accounts before retirement. Data from the 2012 and 2015 National Financial Capability Study were used to investigate if financial literacy may potentially influence the decision to dissave from funds already set... Read More >

A. Michelle Wright and Matthew M. Ross

The decision to attend college is a question of human capital investment, yet resources to help practitioners frame human capital investment decisions remain elusive and few include the “gold standard” of finance: Net Present Value (NPV). Can one discuss human capital investment with an average adolescent using a traditional NPV... Read More >

Kyoung Tae Kim and Richard Stebbins

This study investigated the role of financial education on a basic level of estate planning of U.S. households.  Results from the 2018 National Financial Capability Study (NFCS) dataset showed that financial education is positively associated with one’s basic estate planning, proxied by having a will. Multiple exposures to financial education... Read More >