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Kristy L. Archuleta, Christina Glenn, Derek R. Lawson, Joy P. Clady, and Syble Solomone

When it comes to money, clients often know what they should do, but they do not always do it. The purpose of this study was twofold: (a) to introduce a new scale to measure financial cognition and (b) to explore the link between thinking (i.e., covert behavior) and financial behavior... Read More >

Lance Palmer, Evin Winkelman Richardson, Joseph Goetz, Ted G. Futris, Jerry Gale, and Karen DeMeester

Both self-efficacy and self-regulation have been connected to financial behaviors and financial outcomes of households; however, their associations have been studied independently. This study examined the association between general self-regulation (i.e., mindfulness practice, self-care behaviors, and conflict management) and financial management behavior, mediated by financial self-efficacy. Data was gathered from... Read More >

HanNa Lim, and Jae Min Lee

This study examined whether retirement income sources matter for the subjective financial well-being of retirees and the subjective retirement savings adequacy of non-retirees. Using nationally representative data from the 2017 Survey of Household Economics and Decisionmaking, the study found that while income from a defined benefit (DB) plan, defined contribution... 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 >

Julie M. Szendreya and Laci A. Fialab

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 18–34. Using data collected by an online survey administration organization, bivariate analysis results indicated that higher levels of parental communication about proper consumer skills... Read More >

Yoon G. Lee

This JFCP special issue was designed and planned to publish manuscripts that can provide important practical implications for practitioners working in the field of financial counseling and education. To accomplish the goal of this special issue, linking research to practice, research topics were focused on financial counseling, coaching, and education,... 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 explored how these programs have... 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 frontline workers in New... Read More >

Samantha Brady, Julie Miller, Alexa Balmuth, Lisa A. D’Ambrosio, and Joseph F. Coughlin

Financial self-efficacy is associated with positive financial behaviors. This study investigated factors associated with financial self-efficacy among student loan borrowers based on original data collected through an online national survey of student loan borrowers between age 25 and 75. Results revealed that perceived student loan literacy prior to accruing higher... Read More >

Edward Horwitz, Martin C. Seay, Kristy Archuleta, and Somer G. Anderson

This exploratory study employed quasi-experimental research methods to investigate the relationship between adult participation in a comprehensive workplace financial education program and changes in financial knowledge levels. Results revealed a positive association between participation in the education program and changes in financial knowledge levels, even when controlling for demographic and... 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 >

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 >