Women in Business-owning Families


Philbrick, C. & Fitzgerald, M. (2007). Women in business-owning families: A comparison of roles, responsibilities and predictions of family functionality. Journal of Family and Economic Issues, 28(4), 618-634.

Brief Description: This paper compares groups of women associated with family businesses in order to determine what factors predict how they function. Using the Sustainable Family Business (SFB) model, family and business characteristics are studied, as well as areas of interface between family and business systems. Results of this study indicate …

Completing Debt Management Plans


Xiao, J. J. & Wu, J.( 2008). Completing debt management plans in credit counseling: An application of the theory of planned behavior. Journal of Financial Counseling and Planning, 19 (2), 29-45.

Brief Description: Debt management plans offered by credit counseling agencies have the potential to benefit the consumers, the creditors, and the agencies involved. Although debtors are screened by the agencies for their likelihood of being successful, not all of the participants in debt management are able to complete the …

Financial Information and its Relationships to Knowledge and Behavior of Teens


Koonce, J. C., Mimura, Y., Mauldin, T. A., Rupured, M., & Jordan, J. (2008) Financial information: Is it related to savings and investing knowledge and financial behavior of teens? Financial Counseling and Planning, 19(2), 19-28.

Brief Description: This study investigates the association between sources of financial information and the saving/investing knowledge and the financial behavior of teens. Getting more financial information from parents was linked to setting financial goals and saving all or part of teens’ earnings. attitudes towards …

Valuing the implementation of financial literacy education


Davis, K. & Durband, D.B. (2008). Valuing the implementation of financial literacy education. Financial Counseling and Planning, 19(1), 20-30.

Brief Description: This study surveyed 279 Texas Parent-Teacher Association (PTA) members to determine at what monetary level individuals will support financial literacy education. Respondents reported a willingness to pay additional property taxes to fund financial education. Gambling proceeds and state sales tax were other acceptable revenue sources. The least preferred funding method for financial education was state income tax.


Money aspirations about living well: Middle school student perceptions


Beutler, I., Beutler, L, & McCoy, J.K. (2008). Money aspirations about living well: Middle school student perceptions. Financial Counseling and Planning, 19(1), 44-60.

Brief Description: This study explored the aspirations of 187 middle school students, specifically their perceptions of “living well,” to better understand the financial values adopted by adolescents. Extrinsic goal orientations, focused on achieving external rewards such as praise from others, were highly status laden, linking expensive and exclusive possessions with self-image and identity. Social status was …

How Financial Assets and Consumer Debt Influence Marital Conflict


Dew, J. (2007) Two sides of the same coin? The differing roles of assets and consumer debt in marriage. Journal of Family and Economic Issues, 28(1), 89-104.

Brief Description: This study assessed how financial assets (e.g., savings, investments, etc.) and consumer debt (e.g., credit card debt) influence the frequency of marital conflict. Assets indirectly decrease marital conflict by decreasing feelings of financial pressure. Although consumer debt adds to feelings of financial pressure, it also directly relates to increased frequency …

Consumers’ Accuracy in Estimating their Credit Ratings

Perry, V. G. (2008), Is Ignorance Bliss? Consumer Accuracy in Judgments about Credit Ratings, The Journal of Consumer Affairs, 42(2), Summer, 189-205.

Brief Description: This study examines the accuracy of consumers’ self-assessments of their credit ratings. Findings suggest that approximately 32 percent of consumers overestimate their credit ratings while only 4 percent underestimate them. Those who overestimate their credit ratings are less knowledgeable about financial matters, are more likely to have acquired their financial knowledge from difficult past experiences, …

Credit Card Ownership by High School Seniors

Scott, R. H., Jr. (2010). Credit Card Ownership Among American High School Seniors: 1997-2008. Journal of Family and Economic Issues, 31, 151-160.

Brief Description: High school is when many students get their first credit cards. Jump$tart for Financial Literacy has tested the personal financial knowledge of high school students from across the U.S. since 1997. Using data from the Jump$tart surveys, this study compared the characteristics of various groups of high school students with and without credit cards. Students with …

Forbearance Plans for Credit Card Accounts

Agarwal, S., Chomsisengphet, S. & Mielnicki, L. (2008). Do forbearance plans help mitigate credit card losses? Journal of Family and Economic Issues, 29(2), 191-209.

Brief Description: Credit cards are the means of payment for millions of routine transactions, with the volume of credit card debt increasing dramatically in the last few years. This has led secondary market agencies, investors, and insurers of credit cards to employ forbearance options such as lengthening repayment terms, lowering interest rates, and permitting card …

MFLN Personal Finance Virtual Learning Event

Graphic of 2016 Personal Finance VLE details with photo of jogger

Enhancing Financial Fitness

The Military Families Learning Network Personal Finance Virtual Learning Event (VLE) is a 3-day virtual event aimed at connecting personal finance managers and educators working with military service members with research, resources and each other. The 2016 event will focus on the research, traits and behaviors that lead to financial success. Being “financially fit” means having financial understanding and the capability to make positive financial decisions. 

2016 Events