JFCP Research Journal
Jeanne M. Hogarth
Authors: Gaberlavage, George, Sharon Hermanson, Christopher Baker, Kellie K. Kim-Sung, Neal Waters, Mitja Ng-Baumhackl and Ann McLarty Jackson Publisher: AARP Read More >
Elizabeth Davis
Author: Shipler, David. 2004. Publisher: New York: Alfred A. Knopf Read More >
Barbara O'Neill
Authors: Lea, Ted and Lora Lea. Publisher: Trafford Publishing. ISBN 1-55212-537-8 Read More >
Glenn Muske and Mary Winter
Personal financial management education has focused on recommended practices believe to ensure long-term financial security. Yet studies have found that few people actually implement such practices. This paper reports the study of seven family financial managers' practices to better understand what families did and why. While these managers had a... Read More >
Jeanne M. Hogarth and Christoslav E. Anguelov
Using the 2001 Survey of Consumer Finances, the contribution of various electronic banking technologies to financial management practices of U.S. households are explored. Results from a three-level ordered probit model reveal that, controlling for a range of socioeconomic, demographic, experiential and attitudinal characteristics, consumers' use of direct deposit, phone banking... Read More >
Jing Jian Xiao, Barbara M. Newman, Janice M. Prochaska, Berta Leon, Robert L. Bassett, and Janet Johnson
The Transtheoretical Model of Change (TMM) provided the framework for developing a measure to assess readiness to get out of credit card debt with consumers who are having credit card debt troubles. Key constructs of TTM include stages of change, decisional balance, self-efficacy, and processes of change. The items for... Read More >
Jeffrey R. Hibbert, Ivan F. Beutler and Todd M. Martin
The purpose of this study is to examine the influence parents have in reducing the financial strain their children experience as early adults to the extent that financial prudence was modeled in the commonplace routines of home and family life during the child's growing-up years. Using data from students from... Read More >
Sherman D. Hanna and Suzanne Lindamood
This study investigates financial risk aversion using an improved measure based on income gambles and rigorously related to optimal portfolio choices.The new measure modifies a previous measure by adding graphical presentations to clarify the impact of different income choices. We compared the measure's responses to those of previous non-graphical versions.... Read More >
Jean M. Lown and Lance Palmer
Due to uncertain future income and premium increases as well as the negative ramifications of letting a policy lapse, educators and advisors should consider the advantages of the self insurance option for long term care. Self insurance offers the flexibility of using funds for long term care or basic living... Read More >
John R. Aulerich
The choice between a 15-year and 30-year fixed-rate mortgage term is evaluated considering the borrower's income tax rate, ability to itemize deductions, access to tax-deferred savings, and risk aversion. The difference between payments on the two options is assumed to be regularly deposited in an investment account. Results indicate the... Read More >
Mark D. Oleson, Robert B. Nielsen and Todd Martin
In order to gain an understanding of Accredited Financial Counselors' (AFCs) characteristics and professional activities, an online survey of AFCs was conducted from December 2002 to February 2003. This paper described the sociodemographic character istics of AFCs, reports the non-AFC financial counseling designations held by AFCs and provides a sketch... Read More >