Student Perceptions of Financial Literacy: Relevance to Practice

REFERENCES

• Acs , G. and Loprest , P. 2004 . Leaving welfare: Employment and well-being of families that left welfare in the post-entitlement era , Kalamazoo, MI : W. E. Upjohn Institute for Employment Research .
   Google Scholar
• Anderson , J. D. 2005 . Financial problems and divorce: Do demographic characteristics strengthen the relationship? . Journal of Divorce & Remarriage , 43 ( 1/2 ) : 149 – 161 . doi:10.1300/J087v43n01_08
   Google Scholar
• Anderson , S. G. 2002 . Ensuring the stability of welfare to work exits: The importance of recipient knowledge about work incentives . Social Work. , 47 : 162 – 170 .
   PubMed Web of Science ®Google Scholar
• Anderson , S. G. , Scott , J. and Zhan , M. June 2004 . Financial links for low-income people (FLLIP): Final evaluation report. June , Retrieved from the Sargent Shriver National Center on Poverty Law Web site: http://www.povertylaw.org/advocacy/publications/2004-06-fllip-evaluation.pdf
   Google Scholar
• Anderson , S. G. , Zhan , M. and Scott , J. 2004 . Targeting financial management training at low-income audiences . Journal of Consumer Affairs , 38 : 167 – 177 .
   Web of Science ®Google Scholar
• Anderson , S. G. , Zhan , M. and Scott , J. 2005 . Developing financial management training in low-income communities: Assessing needs and community practice implications . Journal of Community Practice , 13 ( 4 ) : 31 – 49 . doi:10.1300/J125v13n04_03
   Google Scholar
• Anderson , S. G. , Zhan , M. and Scott , J. 2007 . Improving the knowledge and attitudes of low-income families about banking and predatory financial practices . Families in Society , 88 : 443 – 452 . doi:10.1606/1044-3894.3654
   Web of Science ®Google Scholar
• Angel , R. J. , Frisco , M. , Angel , J. L. and Chiriboga , D. A. 2003 . Financial strain and health among elderly Mexican-origin individuals . Journal of Health and Social Behavior , 44 : 536 – 551 . doi:10.2307/1519798
   PubMed Web of Science ®Google Scholar
• Bartlett , S. and Burstein , N. May 2004 . Food stamp access study: Eligible nonparticipants. May , Retrieved from the U. S. Department of Agriculture Web site: http://www.ers.usda.gov/publications/efan03013/efan03013-2/efan03013-2.pdf Economic Research Service (E-FAN No. 03-013-2)
   Google Scholar
• Beverly , S. G. and Burkhalter , E. K. 2005 . Improving the financial literacy and practices of youths . Children & Schools. , 27 : 121 – 124 .
   Google Scholar
• Birkenmaier , J. and Curley , J. 2009 . Financial credit: Social work's role in empowering low-income families . Journal of Community Practice , 17 : 251 – 268 . doi:10.1080/10705420903117973
   Google Scholar
• Birkenmaier , J. and Tyuse , S. W. 2005 . Does home ownership education and counseling (HEC) help credit scores? . Journal of Social Service Research , 32 ( 2 ) : 81 – 103 . doi:10.1300/J079v32n02_05
   Web of Science ®Google Scholar
• Blank , R. M. and Schmidt , L. 2001 . “ Work, wages, and welfare ” . In The new world of welfare , Edited by: Blank , R. and Haskins , R. 70 – 102 . Washington, DC : Brookings Institute Press .
   Google Scholar
• Braucher , J. 2001 . An empirical study of debtor education in bankruptcy: Impact on chapter 13 completion not shown . American Bankruptcy Institute Law Review. , 9 : 557 – 592 .
   Google Scholar
• Brown , G. K. , Beck , A. T. , Steer , R. A. and Grisham , G. R. 2000 . Risk factors for suicide in psychiatric outpatients: A 20-year prospective study . Journal of Consulting & Clinical Psychology , 68 : 371 – 377 . doi:10.1037//0022-006X.68.3.371
   PubMed Web of Science ®Google Scholar
• Cadzow , S. P. , Armstrong , K. L. and Fraser , J. A. 1999 . Stressed parents with infants: Reassessing physical abuse risk factors . Child Abuse & Neglect. , 23 : 845 – 853 .
   PubMed Web of Science ®Google Scholar
• Caskey , J. P. March 2006 . Can personal financial management education promote asset accumulation by the poor? March , Retrieved from Social Science Research Network at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=923565(Networks Financial Institute 2006-PB-06)
   Google Scholar
• Chafin , M. , Bonner , B. L. and Hill , R. F. 2001 . Family preservation and family support programs: Child maltreatment outcomes across client risk levels and program types . Child Abuse & Neglect. , 25 : 1269 – 1289 .
   PubMed Web of Science ®Google Scholar
• Conger , R. D. , Ge , X. , Elder , G. H. and Lorenz , F. O. 1994 . Economic stress, coercive family processes, and developmental problems of adolescents . Child Development. , 65 : 541 – 561 .
   PubMed Web of Science ®Google Scholar
• Cook , C. A. L. , Freedman , J. A. , Freedman , L. D. , Arick , R. K. and Miller , M. E. 1996 . Screening for social and environmental problems in a VA primary care setting . Health & Social Work. , 96 : 41 – 47 .
   Web of Science ®Google Scholar
• Council on Social Work Education . August 13 2007a . Statistics on social work education in the United States 2006: A summary. , August 13 , Alexandria, VA : Author .
   Google Scholar
• Council on Social Work Education . October 1 2007b . 2006 annual survey of social work programs , October 1 , Alexandria, VA : Author .
   Google Scholar
• Cutrona , C. E. , Russell , D. W. , Abraham , W. T. , Gardner , K. A. , Melby , J. M. , Bryant , C. and Conger , R. D. 2003 . Neighborhood context and financial strain as predictors of marital quality in African American couples . Personal Relationships , 10 : 389 – 409 . doi:10.1111/1475-6811.00056
   PubMed Web of Science ®Google Scholar
• Drentea , P. and Lavrakas , P. J. 2000 . Over the limit: The association among health status, race, and debt . Social Science & Medicine. , 50 : 517 – 529 .
   PubMed Web of Science ®Google Scholar
• Duberstein , P. R. , Conwell , Y. , Conner , K. R. , Eberly , S. and Caine , E. D. 2004 . Suicide at 50 years of age and older: Perceived physical illness, family discord, and financial strain . Psychological Medicine , 34 : 137 – 146 . doi:10.1017/S0033291703008584
   PubMed Web of Science ®Google Scholar
• Eamon , M. K. and Zhang , S. 2006 . Do social work students address and assess economic barriers to clients implementing agreed tasks? . Journal of Social Work Education , 42 : 525 – 542 .
   Web of Science ®Google Scholar
• Edmiston , K. D. and Gillett-Fisher , M. C. July 2006 . Financial education at the workplace July , Retrieved from the Federal Reserve Bank of Kansas City Web site: http://www.kansascityfed.org(Community Affairs Working Paper No. 06-02)
   Google Scholar
• Emery , R. E. , Otto , R. K. and O'Donohue , W. T. 2006 . A critical assessment of child custody evaluations: Limited science and a flawed system . Psychological Science in the Public Interest. , 6 : 1 – 29 .
   Web of Science ®Google Scholar
• Faul , F. , Erdfelder , E. , Lang , A. G. and Buchner , A. 2007 . G*Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences . Behavior Research Methods. , 39 : 175 – 191 .
   PubMed Web of Science ®Google Scholar
• Frederichs , M. , Rohrke , A. and Robinson , L. April 2002 . Guide to financial literacy resources. April , Retrieved from Federal Reserve Bank of San Francisco Web site: http://www.frbsf.org/community/webresources/bankersguide.pdf
   Google Scholar
• Gonyea , J. G. 2007 . Improving the retirement prospects of low-wage workers in a defined-contribution world . Families in Society , 88 : 453 – 462 . doi:10.1606/1044-3894.3655
   Web of Science ®Google Scholar
• Gosselin , P. 2008 . High wire: The precarious financial lives of American families , New York : Basic Books .
   Google Scholar
• Grinnell , R. M. Jr. and Kyte , N. S. 1975 . Delivering concrete environmental services in a public welfare agency . Journal of Social Welfare. , 2 : 69 – 82 .
   Google Scholar
• Gutman , L. M. and McLoyd , V. C. 2005 . Financial strain, neighborhood stress, parental behaviors, and adolescent adjustment in urban African American families . Journal of Research on Adolescence , 15 : 425 – 449 . doi:10.1111/j.1532-7795.2005.00106.x
   Web of Science ®Google Scholar
• Hacker , J. S. 2006 . The great risk shift: The assault on American jobs, families, health care, and retirement and how you can fight back , New York : Oxford University Press .
   Google Scholar
• Haskins , R. 2001 . “ Effects of welfare reform on family income and poverty ” . In The new world of welfare , Edited by: Blank , R. and Haskins , R. 103 – 136 . Washington, DC : Brookings Institute Press .
   Google Scholar
• Henry , R. G. and Miller , R. B. 2004 . Marital problems occurring in midlife: Implications for couples therapists . The American Journal of Family Therapy , 32 : 405 – 417 . doi:10.1080/01926180490455204
   Web of Science ®Google Scholar
• Hill , E. M. , Ross , L. T. , Mudd , S. A. and Blow , F. C. 1997 . Adult functioning: The joint effects of parental alcoholism, gender, and childhood socioeconomic stress . Addiction. , 92 : 583 – 596 .
   PubMed Web of Science ®Google Scholar
• Hilton , J. M. and Desrochres , S. 2000 . The influence of economic strain, coping with roles, and parental control on the parenting of custodial single mothers and custodial single fathers . Journal of Divorce & Remarriage , 33 ( 3/4 ) : 55 – 76 .
   Google Scholar
• Hoffmire , J. S. 2007 . Promising practices in the development and distribution of asset-building products and programs . Families in Society. , 88 : 472 – 474 .
   Web of Science ®Google Scholar
• Holzer , H. J. , Schanzenbach , D. W. , Duncan , G. J. and Ludwig , J. April 2007 . The economic costs of poverty in the United States: Subsequent effects of children growing up poor April , Retrieved from the Institute for Research on Poverty Web site: http://www.irp.wisc.edu/publications/dps/pdfs/dp132707.pdf(Discussion Paper No. 1327-07)
   Google Scholar
• Jewkes , R. 2002 . Intimate partner violence: Causes and prevention . Lancet. , 359 : 1423 – 1429 .
   PubMed Web of Science ®Google Scholar
• Johnson , E. and Sherraden , M. S. 2007 . From financial literacy to financial capability among youth . Journal of Sociology & Social Welfare , 34 ( 3 ) : 119 – 146 .
   Google Scholar
• Kahn , J. R. and Pearlin , L. I. 2006 . Financial strain over the life course and health among older adults . Journal of Health and Social Behavior , 47 : 17 – 31 . doi:10.1177/002214650604700102
   PubMed Web of Science ®Google Scholar
• Kindle , P. A. 2009 . Financial literacy and social work: Questions of competence and relevance (Doctoral dissertation, University of Houston, 2009). ProQuest UMI Dissertation Publishing, AAT 3361457
   Google Scholar
• Kraaij , V. , Arensman , E. and Spinhoven , P. 2002 . Negative life events and depression in elderly persons: A meta-analysis . Journals of Gerontology Series B: Psychological Sciences & Social Sciences , 57B : 87 – 94 .
   Web of Science ®Google Scholar
• Kraaij , V. , Kremers , I. and Arensman , E. 1997 . The relationship between stressful and traumatic life events in the elderly and depression . Crisis. , 18 : 86 – 88 .
   PubMedGoogle Scholar
• Lincoln , K. D. , Chatters , L. M. and Taylor , R. J. 2005 . Social support, traumatic events, and depressive symptoms among African Americans . Journal of Marriage and Family , 67 : 754 – 766 . doi:10.1111/j.1741-3737.2005.00167.x
   PubMed Web of Science ®Google Scholar
• Lynch , J. W. , Kaplan , G. A. and Shema , S. J. 1997 . Cumulative impact of sustained economic hardship on physical, cognitive, psychological, and social functioning . New England Journal of Medicine , 337 : 1889 – 1895 .
   PubMed Web of Science ®Google Scholar
• Manning , R. C. 2000 . Credit card nation: The consequences of America's addiction to credit , New York : Basic Books .
   Google Scholar
• McGuire , J. , Bikson , K. and Blue-Howells , J. 2005 . How many social workers are needed in primary care? A patient-based needs assessment example . Health & Social Work. , 30 : 305 – 313 .
   PubMed Web of Science ®Google Scholar
• Mills , J. 2004 . Dignity, financial literacy, and food, glorious food! The legacy of Kathy Goldman . Affilia , 19 : 317 – 321 . doi:10.1177/0886109904265789
   Web of Science ®Google Scholar
• Mills , R. J. , Grasmick , H. G. , Morgan , C. S. and Wenk , D. 1992 . The effects of gender, family satisfaction, and economic strain on psychological well-being . Family Relations. , 41 : 440 – 445 .
   Web of Science ®Google Scholar
• Monkman , M. M. 1991 . Outcome objectives in social work practice: Person and environment . Social Work. , 36 : 253 – 258 .
   PubMed Web of Science ®Google Scholar
• National Priorities Project . 2007 . Half of low-income people not receiving food stamps. Retrieved from http://www.nationalpriorities.org/images/stories/nationalprioritiesprojectfoodstampsaugust2007.pdf
   Google Scholar
• Newman , K. S. and Chen , V. T. 2007 . The missing class: Portraits of the near poor in America , Boston : Beacon Press .
   Google Scholar
• O'Neill , B. , Sorhaindo , B. , Xiao , J. J. and Garman , E. T. 2005 . Financially distressed consumers: Their financial practices, financial well-being, and health . Financial Planning and Counseling , 16 ( 1 ) : 73 – 87 .
   Google Scholar
• Parke , R. D. , Coltrane , S. , Buriel , R. , Dennis , J. , Powers , J. , French , S. and Widaman , K. F. 2004 . Economic stress, parenting, and child adjustment in Mexican American and European American families . Child Development , 75 : 1632 – 1656 . doi:10.1111/j.1467-8624.2004.00807.x
   PubMed Web of Science ®Google Scholar
• Phillips , K. R. 2001 . The earned income tax credit: Knowledge is money . Political Science Quarterly. , 116 : 413 – 424 .
   Web of Science ®Google Scholar
• Phillips , K. R. 2008 . Bad money: Reckless finance, failed politics, and the global crisis of American capitalism , New York : Viking .
   Google Scholar
• Price , R. H. , Choi , J. N. and Vinokur , A. D. 2002 . Links in the chain of adversity following job loss: How financial strain and loss of personal control lead to depression, impaired functioning, and poor health . Journal of Occupational Health Psychology , 7 : 302 – 312 . doi:10.1037//1076-8998.7.4.302
   PubMedGoogle Scholar
• Rantakeisu , U. and Jonsson , L. R. 2003 . Unemployment and mental health among white-collar workers: A question of work involvement and financial situation? . International Journal of Social Welfare , 12 : 31 – 41 . doi:10.1111/1468-2397.00004
   Web of Science ®Google Scholar
• Rosen , A. 1993 . Correction of workers' personal versus environmental bias in formulation of client problems [Electronic version] . Social Work Research and Abstracts , 29 ( 4 ) : 12 – 17 .
   Google Scholar
• Rosen , A. and Livne , S. 1992 . Personal versus environmental emphases in social workers' perceptions of client problems . Social Service Review , 66 : 85 – 96 .
   Web of Science ®Google Scholar
• Rothman , E. F. , Hathaway , J. and Stidson , A. 2007 . How employment helps female victims of intimate partner violence: A qualitative study . Journal of Occupational Health Psychology , 12 : 136 – 143 . doi:10.1037/1076-8998.12.2.136
   PubMed Web of Science ®Google Scholar
• Sanders , C. K. , Weaver , T. L. and Schnabel , M. 2007 . Economic education for battered women: An evaluation of outcomes . Affilia , 22 : 240 – 254 . doi:10.1177/0886109907302261
   Web of Science ®Google Scholar
• Scanlon , E. and Adams , D. 2009 . Do assets affect well-being? Perceptions of youth in a matched savings program . Journal of Social Service Research , 35 ( 1 ) : 33 – 46 . doi:10.1080/01488370802477048
   Web of Science ®Google Scholar
• Shadish , W. R. , Cook , T. D. and Campbell , D. T. 2002 . Experimental and quasi-experimental designs for generalized causal inference , Boston : Houghton Mifflin Company .
   Google Scholar
• Sherraden , M. W. 1991 . Assets and the poor: A new American welfare policy , Armonk, NY : M. E. Sharpe .
   Google Scholar
• Sherraden , M. W. , Laux , S. and Kaufmann , C. 2007 . Financial education for social workers . Journal of Community Practice , 15 : 9 – 36 . doi:10.1300/J125v15n03_02
   Google Scholar
• Simons , R. L. , Lorenz , F. O. , Conger , R. D. and Wu , C. 1992 . Support from spouse as mediator and moderator of the disruptive influence of economic strain on parenting . Child Development , 63 : 1282 – 1301 .
   PubMed Web of Science ®Google Scholar
• Spaid , W. M. , Lewis , R. E. and Pecora , P. J. 1991 . “ Factors associated with success and failure in family-based and intensive family preservation services ” . In Families in crisis: The impact of intensive family preservation services , Edited by: Faser , M. W. , Pecora , P. J. and Haapala , D. A. 49 – 58 . New York : Walter de Gruyter .
   Google Scholar
• Steptoe , A. , Brydon , L. and Kunz-Ebrecht , S. 2005 . Changes in financial strain over 3 years, ambulatory blood pressure, and cortisol responses to awakening . Psychosomatic Medicine , 67 : 281 – 287 . doi:10.1097/01.psy.0000156932.96261.d2
   PubMed Web of Science ®Google Scholar
• Stoesz , D. 2007 . Bootstrap capitalism: Sequel to welfare reform . Families in Society , 88 : 375 – 388 . doi:10.1606/1044-3894,3646
   Web of Science ®Google Scholar
• Tse , S. 2007 . Family violence in Asian communities, combining research and community development . Social Policy Journal of New Zealand. , 31 : 170 – 194 .
   Google Scholar
• Vinokur , A. D. , Price , R. H. and Caplan , R. D. 1996 . Hard times and hurtful partners: How financial strain affects depression and relationship satisfaction of unemployed persons and their spouses . Journal of Personality and Social Psychology. , 71 : 166 – 179 .
   PubMed Web of Science ®Google Scholar
• Vitt , L. A. , Anderson , C. , Kent , J. , Lyter , D. M. , Siegenthaler , J. K. and Ward , J. 2000 . Personal finance and the rush to competence: Financial literacy education in the U. S. , Washington, DC : Institute for Socio-Financial Studies . Retrieved from http://www.isfs.org/documents-pdfs/rep-finliteracy.pdf
   Google Scholar
• Vosler , N. R. 1996 . New approaches to family practice: Confronting economic stress. , Thousand Oaks, CA : Sage .
   Google Scholar
• Westman , M. , Etzion , D. and Horovitz , S. 2004 . The toll of unemployment does not stop with the unemployed . Human Relations , 57 : 823 – 844 . doi:10.1177/0018726704045767
   Web of Science ®Google Scholar
• Wheary , J. , Shapiro , T. M. and Draut , T. 2007 . By a thread: The new experience of America's middle class. Retrieved from The Institute on Assets and Social Policy at Brandeis University's Web site: http://iasp.brandeis.edu/pdfs/byathreadlatino.pdf
   Google Scholar
• Zhan , M. , Anderson , S. G. and Scott , J. 2006a . Financial knowledge of low-income population: Effects of a financial education program . Journal of Sociology & Social Welfare , 33 : 53 – 74 .
   Google Scholar
• Zhan , M. , Anderson , S. G. and Scott , J. 2006b . Financial management knowledge of low-income population . Journal of Social Service Research , 33 : 93 – 106 . doi:10.1300/J079v33n01_09
   Web of Science ®Google Scholar
• Zhan , M. , Anderson , S. G. and Scott , J. 2009 . Banking knowledge and attitudes of immigrants: Effects of a financial education program . Social Development Issues , 31 ( 3 ) : 15 – 32 .
   Google Scholar