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Derek Pottera , David Jayneb , and Sonya Britt

Both financial anxiety and first-generation student status have been linked to negative academic outcomes, mental health issues, and poor social adjustment among college students; however, each factor has been studied in isolation. This article examines the predictors of financial anxiety, including generational status, using the Roy Adaptation Model and ordinary... Read More >

Dr. Charlotte A. Zeamer

This article describes the unique benefits of discourse analysis, a qualitative sociolinguistic research methodology, for evaluating financial literacy counseling.  The methodology is especially promising for organizations that may lack the resources to implement “gold standard” large scale, randomized, experimental or quasi-experimental longitudinal designs.  We begin with an overview of problems... Read More >

Rui Yao, Weipeng Wu, and Cody Mendenhall

As DC plans become more popular than DB plans, American workers are increasingly responsible for their retirement savings. Because retirement plan participants’ portfolio allocation is constrained by the available funds in the plan, the construction of a plan’s investment menu has become extremely important. No research has evaluated fund selection... Read More >

Axton Betz-Hamilton

In 2017, more than one million children became identity theft victims. Many perpetrators of child identity theft are parents, but there are limited data on these perpetrators. The purpose of this study was to understand parental perpetrators of child identity theft through the experiences of victims. Using a phenomenological approach,... Read More >

Kelly Ann Schmidtke, Antony Elliott, Krishane Patel, Derek King, and Ivo Vlaev

The current paper describes a randomized controlled trial to evaluate the effectiveness of intervention tools designed to help people save more or spend less money by enhancing their capabilities, motivations, and opportunities. The participants included 177 students from an English University who were randomly allocated to either the Control, Savings-Tool,... Read More >

Radha Bhattacharya and Andrew Gill

We surveyed high-school students in Southern California to investigate whether there is an improvement in financial attitudes from eight class periods of financial literacy intervention in a high-school economics course. We examine whether the money management (MM) and financial investing (FI) components of financial instruction influence attitudes differently and whether... Read More >

Mohamad Fazli Sabri, Clinton G. Gudmunson, Timothy S. Griesdorn, and Lukas R. Dean

  Explicit parent-child financial socialization is one way that parents may help children feel less stress in college and increase their academic performance. To test this assumption, we used family financial socialization theory to inform MANOVA and SEM models. The results largely support the theory. Participants were 752 college students... Read More >

Jaime Ballard and Lynne Borden

  Military spouses face employment obstacles such as relocations, leading to un- or underemployment. The Department of Defense (DoD) proposed three best practice guidelines for transfer of licenses for military spouses. In this study, we 1) reviewed state legislation on military spouse licensure portability and identified how states addressed DoD... Read More >

Pauline S. Prevett, Maria Pampaka, Valerie L. Farnsworth, Afroditi Kalambouka, and Xin Shi

  In setting a new direction for the field by highlighting the importance of measure development, this paper offers an original approach to modelling financial literacy, in which theories of situated learning meet self-efficacy: an approach that we claim fits well with the aims of program evaluation. It presents results... Read More >

Michael G. Kothakota and D. Elizabeth Kiss

  This study examined the use of data visualization to improve financial literacy in adults. Using financial knowledge questions as test items this study used an experimental approach.  Poisson regression was conducted on responses from 1,797 participants to an online survey via Survey Monkey™. Approximately one-third of respondents were assigned... Read More >

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

This article 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... Read More >

Dr. Rashid Ameer & Dr. Robert Khan

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 >