Loren is a recent graduate from the School of Family Life. She plans to work as a family advocate before attending graduate school. She loves learning about familial relationships and biological processes. In her off time, Loren loves to read, watching movies with her friends, and spend time in the outdoors.
Loren Landers
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Preparing Your Child for Financial Success
In today's complex financial landscape, equipping children with the necessary skills and knowledge to navigate their financial futures is more important than ever. Dr. Bryce Jorgensen and colleagues shed some light on how parents can effectively prepare their children for financial success, emphasizing the critical role of parents in this learning and preparation.[1] In their study, they found that parents can significantly influence their children's financial competence through (1) active involvement, (2) open communication about finances, and (3) establishing a supportive financial environment for their child. Our aim in this article is to help inform parents of potential practices that might help them prepare their children for future financial success.
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Alternative Financial Services: Financial Safety Nets or Rescue Fantasies?
For many college students, managing money can feel like a juggling act. Tuition, rent, food, and unexpected expenses can pile up, often leading to stress and worry. In response, some students turn to alternative financial services (AFS) like payday loans, check-cashing outlets, or pawn shops for quick cash. While these services may seem like an easy fix, Drs. Brandon Wheeler and Cecilia Brooks argue that they can create more harm than good.[1] Their research shows that while AFS may offer immediate relief, they tend to increase long-term financial anxiety. To decrease financial anxiety in the long term, better financial literacy and support systems are crucial in helping students manage their money more effectively.
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Healthcare and Family Finance: Implications for Children’s Well-being
Access to healthcare is fundamental to ensuring children’s health and well-being, yet disparities in healthcare access continue to exist.[1] This is particularly true when the financial state of the family is considered. Research highlights how economic factors and social inequalities significantly impact the availability and quality of healthcare services for children.1 This article will synthesize key findings from previous studies that elaborate on the intricate relationship between family finances and access to healthcare.
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Love, Money, and Attachment: How it All Connects
In their recent article, Couple-Level Attachment Styles, Finances, and Marital Satisfaction: Mediational Analyses Among Young Adult Newlywed Couples, Dr. Xiaomin Li and colleagues analyzed how relationships, finances, and attachment styles interconnect.[1]
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