Download or read book Financial Stress Self Efficacy and Financial Help Seeking Behavior of College Students written by HanNa Lim and published by . This book was released on 2014 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial stress and self-efficacy are examined in relationship to college students' financial help-seeking behavior utilizing Grable and Joo's (1999) framework. A cognitive approach is taken by focusing on the moderating role of financial self-efficacy on the relationship between financial stress and financial help-seeking. Data from the 2010 Ohio Student Financial Wellness Survey are analyzed. Logistic regression results indicate that those who are Black, have had a financial education course, have larger current student loan debt, experience higher levels of financial stress, and have high financial self-efficacy tend to seek help from professionals. A moderating role of financial self-efficacy is observed, although the effect is relatively weak. Implications for financial counselors, educators, and practitioners include attention to strategies for reaching populations that underutilize available services, increased effort to reach populations most in need of services, and optimizing opportunities for the inclusion of financial information as an antecedent to productive service provision.

Download or read book The Influences of Financial Self efficacy and Financial Socialization on College Students Financial Stress and Coping written by Randy J. Kemnitz and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: There were 19.8 million college students in the U.S. in the fall of 2017 (NCES, 2017). These students face many challenges and opportunities including new social networks, enhanced academic pressures, new living arrangement and new financial responsibilities. Many of these students have had positive role models who have socialized them through discussion and example (Shim, Barber, Card, Xiao, & Serido, 2010). These role models may have instilled positive self-efficacy in these students as well helping to prepare the students for the many challenges and opportunities in college. Some students have not had those role models. This research seeks to understand the impact of positive socialization and self-efficacy on students' feelings of financial stress and then on their choices of how to cope with that stress. The financial challenges of paying for college are well publicized with 44.2 million Americans currently owing over $1.48 trillion in student loan debt (NCES, 2017). In this study, the impact of these financial challenges is viewed through the lens of the Transactional Model of Stress and Coping Theory which proposes that stress is an individual perception influenced by that individual's sense of threat, vulnerability, and ability to cope (Lazarus & Folkman, 1984). There are two sets of empirical models; the first examines the influences in the appraisal process on perceptions of financial stress using OLS regression with the second empirical model examining the influences on their coping choices using logistic regression. Both models control for influences on stress and coping choices including demographic, socio-economic and academic factors. The results inform how financial self-efficacy and financial socialization influence financial stress as they suggest the importance of enabling financial self-efficacy by parents, educators and other leaders of children.

Download or read book Financial Counseling written by Dorothy B. Durband and published by Springer. This book was released on 2018-10-16 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This text is a valuable new resource that we recommend for all of our professionals and are proud to incorporate as part of our AFC® certification program. With expertise representing the breadth and depth of the financial counseling profession, the content in this text provides you with a rigorous foundation of knowledge, considers critical theoretical models, and explores foundational skills of communication, self-awareness, and bias. This type of comprehensive approach aligns with our mission and vision—providing you with the foundational knowledge to meet clients where they are across the financial life-cycle and impact long-term financial capability." -Rebecca Wiggins, Executive Director, AFCPE® (Association for Financial Counseling and Planning Education®) This timely volume presents a comprehensive overview of financial counseling skills in accessible, practical detail for readers throughout the career span. Expert financial counselors, educators, and researchers refer to classic and current theories for up-to-date instruction on building long-term client competence, working with clients of diverse backgrounds, addressing problem financial behavior, and approaching sensitive topics. From these core components, readers have a choice of integrated frameworks for guiding clients in critical areas of financial decision-making. This essential work: · Offers an introduction to financial counseling as a practice and profession · Discusses the challenges of working in financial counseling · Explores the elements of the client/counselor relationship · Compares delivery systems and practice models · Features effective tools and resources used in financial counseling · Encourages counselor ethics, preparedness, and self-awareness A standout in professional development references, Financial Counseling equips students and new professionals to better understand this demanding field, and offers seasoned veterans a robust refresher course in current best practices.

Download or read book The Influence of Financial Self Efficacy and Financial Socialization on Student s Financial Stress and Coping Choices written by Randy Kemnitz and published by . This book was released on 2018 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: College is the overwhelming choice for high school graduates in the United States with over 2.2 million 2016 high school graduates enrolled in college (BLS, 2016). Those 2.2 million students represent about 70% of 2016 high school graduates (BLS, 2016). These new undergraduate college students face considerable opportunities and challenges. The many changes facing college students have been termed ecological transitions (Bronfenbrenner, 1979). The ecological transitions facing college students include less parental supervision, more autonomy and new interpersonal relationships (Holinka, 2015). Increased academic expectations, both real and perceived, influence feelings of stress (Holinka, 2015). The rate of increase in college student stress has been described as “alarming” (King, Vidourek, Merianous, & Singh, 2014, p. 133).The initiators of this stress, stressors, take many forms including academic pressures and lifestyle changes (Friedlander, Reid, Shupak, & Cribbie, 2007). It is well documented these academic and lifestyle changes do indeed create a feeling of stress in many college students (King, Vidourek, Merianous, & Singh, 2014). The negative impact of stress on health includes decreased mental acuity, depression, suicide and many physical ailments including musculoskeletal disorders (Bauer, Chesin, & Jeglic, 2014; Ekpenyong, Daniel, & Aribo, 2013; Lester, 2014; Pedersen, 2012; Pelletier, Lytle, & Laska, 2016). Students often choose to cope with their stress with risky lifestyle choices such as binge drinking, drug use and promiscuity (Lester, 2014; Pedersen, 2012; Pelletier, Lytle, & Laska, 2016).Feelings of stress have been shown to be mitigated by high levels of self-efficacy. Self-efficacy is the belief that a person can accomplish what they set out to do (Bandura, 1997). Similarly, feelings of stress can be mitigated by positive socialization by parents, other family members, teachers and social networks. The impact of stress is considerable and well documented. This research seeks to further understand how a student's financial self-efficacy and financial socialization may impact those feelings of financial stress and their coping choices. This deeper understanding may provide insight into the steps parents, educators, counselors and others may take to mitigate a college student's sense of financial stress thus limited their feeling of need to choose adverse coping options.

Download or read book The Routledge Handbook of Financial Literacy written by Gianni Nicolini and published by Taylor & Francis. This book was released on 2021-12-30 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial literacy and financial education are not new topics, even though interest in these topics among policymakers, financial authorities, and academics continues to grow. The Routledge Handbook of Financial Literacy provides a comprehensive reference work that addresses both research perspectives and practical applications to financial education. This is the first volume to summarize the milestones of research in financial literacy from multiple perspectives to offer an overview. The book is organized into six parts. The first three parts provide a conceptual framework, which discusses what financial literacy is, how it should be measured, and explains why it represents a relevant topic and effective tool in enhancing decision-making among consumers as well as consumer protection strategies. Part IV addresses the connection between financial education and financial literacy, with chapters about financial education in school settings as well as for adults. This part includes an analysis of the role of Fintech and the use of gamification in financial education. Part V is a collection of contributions that analyze financial literacy and financial education around the world, with a focus on geographical areas including the U.S., South America, Western Europe, Eastern Europe, Asia, and Africa. This part also considers how financial literacy should be addressed in the case of Islamic finance. The concluding part of the book examines how financial literacy is related to other possible approaches to consumer finance and consumer protection, addressing the relationships between financial literacy and behavioral economics, financial well-being, and financial inclusion. This volume is an indispensable reference for scholars who are new to the topic, including undergraduate and graduate students, and for experienced researchers who wish to enrich their knowledge, policymakers seeking a broader understanding and an international perspective, and practitioners who seek knowledge of best practices as well as innovative approaches.

Download or read book Student Stress in Higher Education written by Aloka, Peter and published by IGI Global. This book was released on 2023-12-07 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the realm of higher education, the journey to academic success is often accompanied by an array of challenges, particularly in the form of stress and its profound impact on mental health. The multifaceted nature of these challenges, stemming from a variety of factors, has sparked significant interest among scholars and educators alike. Student Stress in Higher Education delves into the intricate interplay between stressors, coping mechanisms, and the psychological well-being of students within higher education institutions. This book addresses a conspicuous gap in existing literature, meticulously examining the dimensions of stress uniquely experienced in higher education settings. The chapters contained within illuminate various facets of this complex issue. From the barriers obstructing effective stress management to the gender disparities in mental health experiences, each chapter dissects a critical aspect of the overarching theme. The insights garnered from these chapters hold potential to reshape institutional approaches to mental health awareness and support. This book serves as a beacon of knowledge for a diverse readership. Scholars seeking to explore the nuanced landscape of student well-being will find this volume to be an indispensable resource. Administrators and counselors entrusted with the welfare of students will discover pragmatic approaches to aid students in acclimating to the challenges of higher education. From gender-specific stress manifestations to the intricacies of institutional mental health provision, this book delivers a holistic perspective.

Download or read book The Handbook of Student Affairs Administration written by George S. McClellan and published by John Wiley & Sons. This book was released on 2023-01-23 with total page 679 pages. Available in PDF, EPUB and Kindle. Book excerpt: The foremost scholars in student affairs discuss issues facing the field today, approaches to those issues, and skills necessary to enact the approaches Professionals in student affairs administration need practical, timely, and applied information on the myriad issues they encounter in supporting the success of the students and the institutions they serve. In the Handbook of Student Affairs Administration, the top scholars in the field share the latest information, methods, and advice on addressing these issues. The book is sponsored by NASPA, the leading professional organization for student affairs in higher education. This fifth edition has been updated to reflect current and effective techniques in student affairs administration including new chapters on anti-oppressive frameworks and equity in praxis, access for students with disabilities, men and masculinities, support for students’ mental health and well-being, and student employment as learning-integrated work. There is also an emphasis throughout on adult learners, online learners, part-time students, and transfer students. Chapter authors of diverse gender, ethnicity, sexual orientation, experiential background, and type of institution offer broader perspectives. Learn about the dominant organization and administration models in student affairs Stay up to date on core competencies and professional development models Discover research-based strategies for addressing both emerging and lasting issues in student affairs Instructor resources available The Handbook of Student Affairs Administration is a comprehensive and thoughtful resource, with expert insight on the issues facing student affairs. This is one handbook students and professionals in the field won’t want to go without.

Download or read book Identifying Self Efficacy and Financial Behaviors as Predictors of Undergraduate College Students Financial Literacy at a Land Grant University in North Carolina written by Donna Terese Hucul and published by . This book was released on 2015 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book First Generation College Student Financial Literacy written by Chio Flores and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The findings provide a greater understanding of the components that influence the financial literacy level of first generation, low-income college students. Based on the study results, recommendations are made for the development of financial literacy education programs for students that address their stage in college, demographic and behavioral patterns.

Download or read book De Gruyter Handbook of Personal Finance written by John E. Grable and published by Walter de Gruyter GmbH & Co KG. This book was released on 2022-03-07 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt: The De Gruyter Handbook of Personal Finance provides a robust review of the core topics comprising personal finance, including the primary models, approaches, and methodologies being used to study particular topics that comprise the field of personal finance today. The contributors include many of the world’s leading personal finance researchers, financial service professionals, thought leaders, and leading contemporary figures conducting research in this area whose work has shaped—and continues to affect—the way that personal finance is conceptualized and practiced. The first section of the handbook provides a broad introduction to the discipline of personal finance. The following two sections are organized around the core elements of personal finance research and practice: saving, investing, asset management, and financial security. The fourth section introduces future research, practice, and policy directions. The handbook concludes with a discussion on an educational and research agenda for the future. This handbook will be a core reference work for researchers, financial service practitioners, educators, and policymakers and an excellent supplementary source of readings for those teaching undergraduate and graduate-level courses in personal finance, financial planning, consumer studies, and household finance.

Download or read book An Examination of the Financial Literacy of California College Students written by Heidi Linn Gilligan and published by . This book was released on 2012 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The rising costs in tuition and changes in financial aid resources place California Community College (CCC) and California State University (CSU) students in a precarious situation. As students take on more debt in the form ofloans to finance their college education, it is concerning that many may not have a solid understanding of personal financial management strategies or skills. Now, more than ever, it is important that educational leaders take proactive steps to understand the components of financial literacy of California college students. The interplay of financial literacy and increases in tuition are of particular concern at the CCC and CSU as these large public university systems serve many first generation, low income, and minority college students. The purpose of this quantitative study was to refine current knowledge of the financial literacy levels and the potential influences on financial literacy levels of California college students. A conceptual framework was developed utilizing the theories of social capital, self-efficacy, consideration of future consequences and financial stress. This framework guided the development of a survey instrument that included modified or adopted measures of demographic characteristics, financial literacy, financial self-efficacy, consideration of future consequences, and financial stress. The sample included 691 students, approximately 80% California Community College students and nearly 20% California State University college students. The findings revealed that socioeconomic status, race, parental education, and class level influenced the financial literacy scores of California college students. A factor analysis on the modified scales of financial self-efficacy, consideration of future consequences, and financial stress indicated that these instruments are appropriate for use with California college students. A hierarchical regression revealed that race, class level, and consideration of future consequences influenced the financial literacy scores of California college students. The findings provide a greater understanding of the components that influence the financial literacy of California's college students. Based on the results, recommendations are made for the development of financial education programs for college students that address their stage of life, cultural factors, family influence, economic conditions, and behavioral patterns.

Download or read book Student Financial Literacy written by Dorothy B. Durband and published by Springer Science & Business Media. This book was released on 2012-04-04 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: College students are particularly vulnerable to making poor financial decisions. One method of addressing personal finances and financial stress among students of higher education is through university based financial education programs. Student Financial Literacy: Program Development presents effective strategies to assist in the implementation or the enhancement of a program as a tool to improve students’ educational experience and financial well-being. It presents the key components of financial education programs designed to address the growing concerns associated with high levels of debt and low levels of financial literacy among college students. “Student Financial Literacy: Campus-Based Program Development is packed with financial education and counseling information and guidance. It was very difficult to write this review as I wanted to share ALL the excellent direction this book provides... The editors and contributing authors have developed an excellent resource for not only those interested in developing or enhancing a campus-based financial education program but also for anyone involved in financial education, counseling, and planning.” -Rebecca J. Travnichek, Family Financial Education Specialist, University of Missouri Extension Journal of Financial Counseling and Planning

Download or read book Determinants of Saving Behavior and Financial Problem written by ELLENE, BBA and SURESH KUMAR, S.T., M.Si. and published by Rasibook. This book was released on 2019-10-25 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, many Indonesian are suffering from poverty, bankruptcy, and health problem because they do not know how to face a financial problem when Indonesia is facing an economic crisis. When Indonesia is in crisis, the exchange rate falls dramatically; banking credit growth also experienced a significant drop. As a result, many people's savings were lost. The forced unemployment and financial bankruptcy had drastically decreased the living conditions in Indonesia. This research aims to analyze the influence of Financial Literacy, Financial Stress, and Financial Management to Saving Behavior and Financial Problem.

Download or read book Emancipatory Change in US Higher Education written by Kenneth R. Roth and published by Springer Nature. This book was released on 2022-12-07 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume explores and deconstructs the possibilities of higher education beyond its initial purpose. The book contextualizes and argues for a more robust interrogation of persistent patterns of campus inequality driven by rapid demographic change, reduced public spending in higher education, and an increasingly polarized political landscape. It offers contemporary views and critiques ideas and practices such as micro-aggressions, implicit and explicit bias, and their consequences in reifying racial and gender-based inequalities on members of nondominant groups. The book also highlights coping mechanisms and resistance strategies that have enabled members of nondominant groups to contest primarily racial- and gender- based inequity. In doing so, it identifies new ways higher education can do what it professes to do better, in all ways, from providing real benefit to students and communities, while also setting a bar for society to more effectively realize its stated purpose and creed.

Download or read book Financial Stress And Mental Health written by Movis Steele and published by Geinwo Enterprise. This book was released on 2023-03-04 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The topic "Financial Stress and Mental Health" explores the intricate connection between financial struggles and mental well-being. This comprehensive guide covers the link between financial stress and mental health, including the causes and effects of financial stress on mental health, and coping strategies to mitigate the negative impact of financial stress on mental health. The introduction provides an overview of the topic, emphasizing the importance of understanding the connection between financial stress and mental health. It defines financial stress and sets the stage for the discussion that follows. The second section explores the research linking financial stress and mental health, explaining how financial stress can negatively affect mental health and how mental health can impact financial stress. The third section delves into the causes of financial stress, including financial instability, unemployment, low income, high debt, and lack of financial literacy. This section also includes relevant statistics to highlight the impact of financial stress on individuals and society as a whole. In the fourth section, the effects of financial stress on mental health are examined. This includes a discussion of the ways in which financial stress can lead to anxiety, depression, insomnia, substance abuse, and eating disorders, among other mental health issues. The fifth section provides practical coping strategies for dealing with financial stress and maintaining good mental health. It includes tips on building a budget, seeking financial advice, seeking mental health treatment, practicing self-care, and relying on support from family and friends. The conclusion recaps the key points of the guide and emphasizes the importance of seeking help and support when facing financial stress and mental health challenges. It also provides final thoughts and recommendations for readers looking to manage their financial stress and protect their mental health.

Download or read book Key Topics in Consumer Behavior written by Springer Behavioral & Health Sciences and published by Springer Nature. This book was released on 2022-11-09 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features cutting-edge and impactful articles from across Springer's diverse journals publishing program. In this curated collection, our editorial team has brought together highly-cited and downloaded articles on the topic of Consumer Behavior into one single resource. Moreover, this book enables readers to review a broad spectrum of quality research on a specialized topic, which we hope facilitates interdisciplinary and critical discussions of the topic at hand. As part of the Key Topics in Behavioral Sciences book series, this volume aims to serve as a quick reference for readers when writing or researching new topics or subject areas. Other topics in the series will include Psychological Research Methods, Health and Behavior, Industrial and Organizational Psychology, Sports Psychology, and Consumer Behavior. In the first section of the volume, articles focus on such topics as College Students, Financial Stress, Relative Income Hypothesis, Construal Level, Luxury Consumption, Luxury Consumption Tendency, Luxury Consumption Tendency Scale, and Scale Development. Next, the second section features research on Longitudinal Study, Materialism, Self-Esteem, Socioeconomic Status, Cvq-96, Mpai, Prevention, Social Media, Smartphone Use, Smartphone Addiction, University Students, Higher Education, and Virtues. Lastly in the final section of this collection, Electronic Word Of Mouth, Information-Task-Fit, Purchase Intention, Website Quality, Egoism, Evolution, Evolutionary Altruism, Mechanisms, Psychological Altruism, Meta-Analysis, Mturk, Online Panel Data, and Study Response are discussed.

Download or read book Islamic Sustainable Finance Law and Innovation written by Nadia Mansour and published by Springer Nature. This book was released on 2023-07-26 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the role and characteristics of Islamic finance and how it can contribute to a sustainable financial system. Islamic finance is not only for the 1.5 billion Muslims. Several countries are interested in it because it has interesting characteristics in terms of transparency and banking regulation. Although the origins of Islamic finance date back several centuries, its resurgence is relatively recent. From its modern beginnings in Egypt and Malaysia, Islamic finance is now a growing sector and its recent performance contrasts with that of conventional banks. Rapid growth and innovation are transforming the sector, driving economic development in an increasing number of jurisdictions, while also increasing the number of new opportunities and challenges. Today, with the problem of climate change and its adverse effects on the whole world, the flexibility of Islamic finance concerning the operations available to those who wish to finance the development of infrastructure, makes this area crucial for sustainable finance.