X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
person putting huge dollar sign into a drawer in a head (Photo: Shutterstock)

New research reveals how financial attitudes influence which consumers tend to seek investment advice and which consumers tend to avoid it, providing new insight for financial professionals and researchers into how to help people with different money attitudes weigh investment advice.

The Money Scripts Related to the Use and Trust of Investment Advice,” which was published in the Journal of Financial Therapy, uses the concept of money scripts to investigate financial-related attitudes in consumers. Money scripts are beliefs about money that are believed to develop in early childhood and profoundly affect one’s approach to finances into adulthood, according to past research. Money scripts often are passed down through generations, leading to behavioral and emotional issues that can be difficult to alter.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Dig Deeper

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.