Seeking Financial Advice and Other Desirable Financial Behaviors
Advice from financial counselors is one potential source for improving financial behaviors and well-being among clients and within their communities. This study examined whether obtaining financial advice is associated with other personal financial behaviors. Analysis of National Financial Capabilit...
Gespeichert in:
| Veröffentlicht in: | Financial counseling and planning 2018-01, Vol.29 (2), p.198-207 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext bestellen |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 207 |
|---|---|
| container_issue | 2 |
| container_start_page | 198 |
| container_title | Financial counseling and planning |
| container_volume | 29 |
| creator | Moreland, Keith A. |
| description | Advice from financial counselors is one potential source for improving financial behaviors and well-being among clients and within their communities. This study examined whether obtaining financial advice is associated with other personal financial behaviors. Analysis of National Financial Capability Study data showed that obtaining advice is positively associated with financial behaviors while controlling for other relevant variables, including two measures of financial knowledge. The results also indicated greater benefits from obtaining advice for those with less financial knowledge. The findings suggest that efforts by financial counselors to provide financial advice to clients and others through service activities can improve financial decision-making in their communities including by those who can benefit the most. |
| doi_str_mv | 10.1891/1052-3073.29.2.198 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_GA5</sourceid><recordid>TN_cdi_eric_primary_EJ1199115</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ericid>EJ1199115</ericid><sourcerecordid>2200125895</sourcerecordid><originalsourceid>FETCH-LOGICAL-c381t-ac898d6d32a9f71b4ac73394578bc529c64b5721961169246357bae303bbc1f23</originalsourceid><addsrcrecordid>eNp9kEtPwzAQhC0EEqXwB5CQInFO8NpJnOVE6YOHKvUAnC3HcVqXNil2W6n_nkThdeK0K803s6sh5BJoBBnCDdCEhZwKHjGMWASYHZEeYCxCgUCPm_0bOCVn3i8pjVOaQo_cvRjzbqt5MLGVqrRVq2BQ7K02gaqKYLZdGBeMjLdO5SvzB7o3C7W3tfPn5KRUK28uvmafvE3Gr8PHcDp7eBoOpqHmGWxDpTPMirTgTGEpII-VFpxjnIgs1wlDncZ5IhhgCpAii1OeiFwZTnmeaygZ75OrLtc4q-XG2bVyBzl-BkAESBr9utM3rv7YGb-Vy3rnquYlyRilwJIMW4p1lHa1986UP0lAZdukbIuSbVGSoWSyabIx3XYm38DV3DhdrzeqOvxe-Mf8CSPpdZA</addsrcrecordid><sourcetype>Open Access Repository</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2200125895</pqid></control><display><type>article</type><title>Seeking Financial Advice and Other Desirable Financial Behaviors</title><source>ERIC - Full Text Only (Discovery)</source><creator>Moreland, Keith A.</creator><creatorcontrib>Moreland, Keith A.</creatorcontrib><description>Advice from financial counselors is one potential source for improving financial behaviors and well-being among clients and within their communities. This study examined whether obtaining financial advice is associated with other personal financial behaviors. Analysis of National Financial Capability Study data showed that obtaining advice is positively associated with financial behaviors while controlling for other relevant variables, including two measures of financial knowledge. The results also indicated greater benefits from obtaining advice for those with less financial knowledge. The findings suggest that efforts by financial counselors to provide financial advice to clients and others through service activities can improve financial decision-making in their communities including by those who can benefit the most.</description><identifier>ISSN: 1052-3073</identifier><identifier>EISSN: 1947-7910</identifier><identifier>DOI: 10.1891/1052-3073.29.2.198</identifier><language>eng</language><publisher>New York, NY: Springer Publishing Company</publisher><subject>Advisors ; Attitudes ; Behavior ; Behavioral Sciences ; Borrowing ; College students ; Counseling ; Counseling Services ; Counselors ; Credit cards ; Debt (Financial) ; Debt financing ; Decision Making ; Female employees ; Financial counseling ; Financial literacy ; Financial planning ; Financial Services ; General Counseling ; Help Seeking ; Higher education ; Insurance ; Investments ; Knowledge ; Knowledge Level ; Literacy ; Marriage and Family Counselling ; Money Management ; Planning ; Retirement ; Retirement planning ; Well Being</subject><ispartof>Financial counseling and planning, 2018-01, Vol.29 (2), p.198-207</ispartof><rights>2018 Association for Financial Counseling and Planning Education, U.S.A.</rights><rights>Copyright Association for Financial Counseling and Planning Education 2018</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c381t-ac898d6d32a9f71b4ac73394578bc529c64b5721961169246357bae303bbc1f23</citedby><cites>FETCH-LOGICAL-c381t-ac898d6d32a9f71b4ac73394578bc529c64b5721961169246357bae303bbc1f23</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>230,687,776,881</link.rule.ids><linktorsrc>$$Uhttp://eric.ed.gov/ERICWebPortal/detail?accno=EJ1199115$$EView_record_in_ERIC_Clearinghouse_on_Information_&_Technology$$FView_record_in_$$GERIC_Clearinghouse_on_Information_&_Technology$$Hfree_for_read</linktorsrc><backlink>$$Uhttp://eric.ed.gov/ERICWebPortal/detail?accno=EJ1199115$$DView record in ERIC$$Hfree_for_read</backlink></links><search><creatorcontrib>Moreland, Keith A.</creatorcontrib><title>Seeking Financial Advice and Other Desirable Financial Behaviors</title><title>Financial counseling and planning</title><description>Advice from financial counselors is one potential source for improving financial behaviors and well-being among clients and within their communities. This study examined whether obtaining financial advice is associated with other personal financial behaviors. Analysis of National Financial Capability Study data showed that obtaining advice is positively associated with financial behaviors while controlling for other relevant variables, including two measures of financial knowledge. The results also indicated greater benefits from obtaining advice for those with less financial knowledge. The findings suggest that efforts by financial counselors to provide financial advice to clients and others through service activities can improve financial decision-making in their communities including by those who can benefit the most.</description><subject>Advisors</subject><subject>Attitudes</subject><subject>Behavior</subject><subject>Behavioral Sciences</subject><subject>Borrowing</subject><subject>College students</subject><subject>Counseling</subject><subject>Counseling Services</subject><subject>Counselors</subject><subject>Credit cards</subject><subject>Debt (Financial)</subject><subject>Debt financing</subject><subject>Decision Making</subject><subject>Female employees</subject><subject>Financial counseling</subject><subject>Financial literacy</subject><subject>Financial planning</subject><subject>Financial Services</subject><subject>General Counseling</subject><subject>Help Seeking</subject><subject>Higher education</subject><subject>Insurance</subject><subject>Investments</subject><subject>Knowledge</subject><subject>Knowledge Level</subject><subject>Literacy</subject><subject>Marriage and Family Counselling</subject><subject>Money Management</subject><subject>Planning</subject><subject>Retirement</subject><subject>Retirement planning</subject><subject>Well Being</subject><issn>1052-3073</issn><issn>1947-7910</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2018</creationdate><recordtype>article</recordtype><sourceid>BENPR</sourceid><sourceid>GA5</sourceid><recordid>eNp9kEtPwzAQhC0EEqXwB5CQInFO8NpJnOVE6YOHKvUAnC3HcVqXNil2W6n_nkThdeK0K803s6sh5BJoBBnCDdCEhZwKHjGMWASYHZEeYCxCgUCPm_0bOCVn3i8pjVOaQo_cvRjzbqt5MLGVqrRVq2BQ7K02gaqKYLZdGBeMjLdO5SvzB7o3C7W3tfPn5KRUK28uvmafvE3Gr8PHcDp7eBoOpqHmGWxDpTPMirTgTGEpII-VFpxjnIgs1wlDncZ5IhhgCpAii1OeiFwZTnmeaygZ75OrLtc4q-XG2bVyBzl-BkAESBr9utM3rv7YGb-Vy3rnquYlyRilwJIMW4p1lHa1986UP0lAZdukbIuSbVGSoWSyabIx3XYm38DV3DhdrzeqOvxe-Mf8CSPpdZA</recordid><startdate>20180101</startdate><enddate>20180101</enddate><creator>Moreland, Keith A.</creator><general>Springer Publishing Company</general><general>Association for Financial Counseling and Planning Education</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>4T-</scope><scope>4U-</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X1</scope><scope>7XB</scope><scope>87Z</scope><scope>885</scope><scope>88B</scope><scope>88G</scope><scope>8A9</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>ANIOZ</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>CJNVE</scope><scope>DWQXO</scope><scope>FRAZJ</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>M0C</scope><scope>M0P</scope><scope>M1F</scope><scope>M2M</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEDU</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>PSYQQ</scope><scope>PYYUZ</scope><scope>Q9U</scope><scope>ERI</scope><scope>GA5</scope></search><sort><creationdate>20180101</creationdate><title>Seeking Financial Advice and Other Desirable Financial Behaviors</title><author>Moreland, Keith A.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c381t-ac898d6d32a9f71b4ac73394578bc529c64b5721961169246357bae303bbc1f23</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2018</creationdate><topic>Advisors</topic><topic>Attitudes</topic><topic>Behavior</topic><topic>Behavioral Sciences</topic><topic>Borrowing</topic><topic>College students</topic><topic>Counseling</topic><topic>Counseling Services</topic><topic>Counselors</topic><topic>Credit cards</topic><topic>Debt (Financial)</topic><topic>Debt financing</topic><topic>Decision Making</topic><topic>Female employees</topic><topic>Financial counseling</topic><topic>Financial literacy</topic><topic>Financial planning</topic><topic>Financial Services</topic><topic>General Counseling</topic><topic>Help Seeking</topic><topic>Higher education</topic><topic>Insurance</topic><topic>Investments</topic><topic>Knowledge</topic><topic>Knowledge Level</topic><topic>Literacy</topic><topic>Marriage and Family Counselling</topic><topic>Money Management</topic><topic>Planning</topic><topic>Retirement</topic><topic>Retirement planning</topic><topic>Well Being</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Moreland, Keith A.</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>Docstoc</collection><collection>University Readers</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Accounting & Tax Database</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Banking Information Database (Alumni Edition)</collection><collection>Education Database (Alumni Edition)</collection><collection>Psychology Database (Alumni)</collection><collection>Accounting & Tax Database (Alumni Edition)</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>Accounting, Tax & Banking Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>Education Collection</collection><collection>ProQuest Central Korea</collection><collection>Accounting, Tax & Banking Collection (Alumni)</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Education Database</collection><collection>Banking Information Database</collection><collection>ProQuest Psychology</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Education</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ProQuest One Psychology</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><collection>ERIC</collection><collection>ERIC - Full Text Only (Discovery)</collection><jtitle>Financial counseling and planning</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Moreland, Keith A.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><ericid>EJ1199115</ericid><atitle>Seeking Financial Advice and Other Desirable Financial Behaviors</atitle><jtitle>Financial counseling and planning</jtitle><date>2018-01-01</date><risdate>2018</risdate><volume>29</volume><issue>2</issue><spage>198</spage><epage>207</epage><pages>198-207</pages><issn>1052-3073</issn><eissn>1947-7910</eissn><abstract>Advice from financial counselors is one potential source for improving financial behaviors and well-being among clients and within their communities. This study examined whether obtaining financial advice is associated with other personal financial behaviors. Analysis of National Financial Capability Study data showed that obtaining advice is positively associated with financial behaviors while controlling for other relevant variables, including two measures of financial knowledge. The results also indicated greater benefits from obtaining advice for those with less financial knowledge. The findings suggest that efforts by financial counselors to provide financial advice to clients and others through service activities can improve financial decision-making in their communities including by those who can benefit the most.</abstract><cop>New York, NY</cop><pub>Springer Publishing Company</pub><doi>10.1891/1052-3073.29.2.198</doi><tpages>10</tpages><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext_linktorsrc |
| identifier | ISSN: 1052-3073 |
| ispartof | Financial counseling and planning, 2018-01, Vol.29 (2), p.198-207 |
| issn | 1052-3073 1947-7910 |
| language | eng |
| recordid | cdi_eric_primary_EJ1199115 |
| source | ERIC - Full Text Only (Discovery) |
| subjects | Advisors Attitudes Behavior Behavioral Sciences Borrowing College students Counseling Counseling Services Counselors Credit cards Debt (Financial) Debt financing Decision Making Female employees Financial counseling Financial literacy Financial planning Financial Services General Counseling Help Seeking Higher education Insurance Investments Knowledge Knowledge Level Literacy Marriage and Family Counselling Money Management Planning Retirement Retirement planning Well Being |
| title | Seeking Financial Advice and Other Desirable Financial Behaviors |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-03T11%3A56%3A23IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_GA5&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Seeking%20Financial%20Advice%20and%20Other%20Desirable%20Financial%20Behaviors&rft.jtitle=Financial%20counseling%20and%20planning&rft.au=Moreland,%20Keith%20A.&rft.date=2018-01-01&rft.volume=29&rft.issue=2&rft.spage=198&rft.epage=207&rft.pages=198-207&rft.issn=1052-3073&rft.eissn=1947-7910&rft_id=info:doi/10.1891/1052-3073.29.2.198&rft_dat=%3Cproquest_GA5%3E2200125895%3C/proquest_GA5%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2200125895&rft_id=info:pmid/&rft_ericid=EJ1199115&rfr_iscdi=true |