Building Financial Knowledge Is Not Enough: Financial Self-Efficacy as a Mediator in the Financial Capability of Low-Income Families

Publication Date

11-21-2016

Summary

This article was published in the Journal of Community Practice’s special issue on Financial Capability and Asset Building and was originally presented during the April 2015 conference,Financial Capability and Asset Building: Advancing Education, Research, and Practice in Social Work. The conference was hosted by the Center for Social Development at Washington University in St. Louis and the Financial Social Work Initiative at the University of Maryland School of Social Work.

Document Type

Article

Category

Financial Inclusion

Subarea

Financial Capability

Original Citation

Rothwell, D. W., Khan, M. N., & Cherney, K. (2016). Building financial knowledge is not enough: Financial self-efficacy as a mediator in the financial capability of low-income families. Journal of Community Practice, 24(4), 368–388. doi:10.1080/10705422.2016.1233162

Project

Financial Capability and Asset Building

Keywords

financial capability, financial education, assets, Canada, financial knowledge, financial literacy, economic empowerment, welfare, policy, saving, post-secondary education, retirement, efficacy

Share

COinS