Improving Self-Control through Financial Counseling: A Randomized Controlled Trial

Autor/inn/en	Tumataroa, Shannon; O'Hare, David
Titel	Improving Self-Control through Financial Counseling: A Randomized Controlled Trial
Quelle	In: Journal of Financial Counseling and Planning, 30 (2019) 2, S.304-312 (9 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Zusatzinformation	ORCID (Tumataroa, Shannon) ORCID (O'Hare, David)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1052-3073
Schlagwörter	Self Control; Financial Services; Counseling; Money Management; Intervention; Counseling Effectiveness; Foreign Countries; Budgeting; New Zealand + Suchen Sie Ihr Suchwort? Selbstbeherrschung; Counselling; Beratung; Ausland; Neuseeland
Abstract	The efficacy of family budgeting programs is often measured purely in terms of financial outcomes. There has been less research on its potential impacts on cognitive outcomes. The present study investigated whether an existing financial counseling intervention could help people improve their deliberative cognitive capacity. A community sample of participants in Auckland, New Zealand who identified that they wanted to better manage their money were randomly assigned to a month-long financial counseling intervention or a wait-list control group. Results showed that participants exposed to the intervention had a greater improvement in self-control than participants in the control group, and that self-control improved more for people with a low income than a high income. Financial counseling interventions may impart broader cognitive benefits that help people escape further financial hardship. (As Provided).
Anmerkungen	Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: https://connect.springerpub.com/content/sgrjfcp
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01