Barbara O'Neill

Author: Jean Chatzky Publisher: Portfolio Books Read More >

Sherman D. Hanna

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Barbara O'Neill, Jing Jian Xiao, Benoit Sorhaindo and E. Thomas Garman

This study examined relationships among the financial practices, financial well-being, and health of a sample of 3,121 financial distressed consumers who were new clients participating in the debt management program of a large national non-profit credit counseling organization. Respondents who reported having improved health since participating in credit counseling were... Read More >

Karen P. Varcoe, Allen Martin, Zana Devitto and Charles Go

The "Money Talks: Should I Be Listening?" curriculum was created to appeal to teenagers and to help increase their financial literacy. This paper analyzes the effectiveness of this curriculum on financial knoweldge and behavior of participants using the series. The findings indicate that using the curriculum improved the financial literacy... Read More >

Rui Yao, Michael S. Gutter and Sherman D. Hanna

This article focuses on the effect of race and ethnicity on financial risk tolerance. Blacks and Hispanics are less likely to be willing to take some financial risk but more likely to be willing to take substantial financial risk than Whites, after controlling for the effects of other variables. Risk... Read More >

So-Hyun Joo and John E. Grable

This study develops a framework that can be used to examine the retirement savings decision. Using Retirement Confidence Survey data (N = 751), this analysis determined that respondents with higher education levels, higher income, a smaller household size, and favorable financial attitudes tend to currently have a retirement savings program... Read More >

Somnath Basu

The age-banded model provides a new approach to planning for retirement needs. The model reduces errors in estimating expenses, provides an algorithm to calculate the replacement ratio, allows easier incorporation of long term care benefits and significantly reduces funding needs. Two situations are used to illustrate the model, a couple... Read More >

Cazilia Loibl and Tahira K. Hira

This study analyzes the effect of self-directed financial learning using employer-provided financial newsletters, financial publications, financial planning software, and the Internet on financial management practices, financial satisfation, and career satisfaction. The sampel consists of lower-level, white-collar workers of a national insurance agency. The resutls demonstrate the effectiveness of self-directed financial... Read More >

Jeffrey J. Bailey and Chris Kinerson

This study investigates investment decision behavior. Specifically, the effects of a person's 'experienced regret' and 'anticipatory regret' are compared to the effects of an individual's risk tolerance on investment decision behavior. An individual's risk tolerance and 'experienced regret' significantly influenced decisions. Anticipation of potential future regret did not predict subsequent... Read More >

Celia R. Hayhoe, Lauren Leach, Myria W. Allen, and Renee Edwards

Attitudes toward credit, money beliefs and behavior and imagined conversations with parents about credit and debt were found to differ between students with and without credit cards. Credit attitudes, the money attitudes of independence, power and inadequacy, and the frequency and pleasantness of imagined interactions were shown to distinguish between... Read More >