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Reviewed by: Cheryl LaGuardia, Research Librarian, Widener Library, Harvard University
Sponsored by the Financial Therapy Association and housed in the Institute of Personal Financial Planning at Kansas State University, the Journal of Financial Therapy aims to “examine the empirical link between personal financial knowledge, attitudes, and behaviors and personal and family well-being.” Articles here are mostly clinical, experimental, and survey research, along with longitudinal and panel study research, case studies, financial therapy practice management tutorials, and literature reviews. The editors welcome articles from financial therapists working in academia and / or in practice. Authors are encouraged to describe the conceptual methodology of their research as well as intervention methods employed. The editors are eager to receive manuscripts with “a very strong introduction describing the purpose of the study, a well described conceptual framework, concise presentation of findings, and a thorough discussion of results that are applicable to practicing financial therapists, financial counselors, psychologists, marriage and family therapists, and others who regularly work in clinical settings.”
A recent issue from 2016 is representative of the journal. It holds an editorial, four articles, two profiles, and one book review. The editorial clarifies and underscores the goal of the JFT: to publish quality scholarly research and to emphasize the practicality of the research. The articles describe several studies: “Promoting Savings at Tax Time through a Video-Based Solution-Focused Brief Coaching Intervention,” “Ethical Issues and Decision Making in Collaborative Financial Therapy,” “Financial Empowerment and Health Related Quality of Life in Family Scholar House Participants,” and “Sources of Referral in Student Financial Counseling.” The book review is of the Federal Reserve Bank of San Francisco & Corporation for Enterprise Development’s 2016 book, What it’s worth: Strengthening the financial future of families, communities and the nation. The two profiles are a Practitioner Profile: An Interview with Syble Solomon and a Researcher Profile: An Interview with Jorge Ruiz-Menjivar. Also included in the issue are calls for manuscripts for two upcoming special issues of the journal: Stress and Money, and Couples and Money.
Investment counselors, family therapists, and others interested in the connection between effective financial management and well-being should find this OA title useful.