AOA 071: Researcher Ashley LeBaron-Black on the Importance of Experience, Modeling and Open Conversation in Raising Money-Smart Kids
Description
Guest Dr. Ashley LeBaron-Black returns to the podcast to talk with host John Lanza about her research focus of family finance. Ashley first defines the terms "financial well-being" and "financial socialization." She then highlights the importance of family modeling and open discussion on the money-smart journey. Ashley also emphasizes the essential nature of experiential learning and the shortcomings of classroom financial literacy. Both she and John then address the concept of money scripts, the ability of some kids (dubbed "financial phoenixes") to overcome poor modeling and the need to go beyond rational-based instruction.
Dr. Ashley LeBaron-Black is an Assistant Professor of Family Life at Brigham Young University who received her PhD in Family Studies and Human Development from the University of Arizona. Her research focus is family finance, including couple finance and financial socialization. Ashley has published 33 peer-reviewed articles and is an Associate Editor for the Journal of Family and Economic Issues. She is also Chair of the Family Financial Well-Being Focus Group for the National Council on Family Relations.
United States
