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College of Human Ecology

Three tapped for first Financial Therapy board

Monday, March 8, 2010

Three faculty members in family studies and human services have been named founding members of the Financial Therapy Association's board of directors.

Sonya Britt, an undergraduate and doctoral program instructor for K-State's Institute of Personal Financial Planning and financial therapist at K-State's Financial Therapy Clinic, was elected president of the Financial Therapy Association board.

John Grable, the Vera Mowery McAninch professor and director of the Institute of Personal Financial Planning at K-State, was elected board treasurer.

Kristy Archuleta, co-director of the Financial Planning Clinic and an assistant professor, is serving as the board's research liaison.

Group includes therapists, researchers

Members of the Financial Therapy Association study the cognitive, emotional, behavioral, relational, economic and integrative aspects of financial wellness. Membership consists of individuals from around the world who blend aspects of financial planning, financial counseling, marriage and family therapy, sociology, social work and psychology. Membership includes more than 100 practicing financial therapists and financial therapy researchers. More information on the association is available on the association's web site.

According to Britt, the association's board of directors is working to provide a forum for researchers, practitioners, the media and policymakers to share research and practice methods and models of financial therapy, and to stimulate and disseminate clinical, experimental and survey research on financial therapy.

Financial therapy is an integral part of K-State's personal financial therapy program. K-State's Institute of Personal Financial Planning was among the first in the nation to open a clinic offering financial therapy, a blending of financial counseling with marriage and family therapy to help individuals, couples and families struggling both financially and emotionally. The clinic, in downtown Manhattan, opened in early 2009, and Grable, Britt and Archuleta are all involved with it.

Sonya Britt

Britt is an accredited financial counselor and certified retirement counselor. Her research interests include theoretical development of money issues within marriage, predictors of money arguments and their influence on relationship satisfaction and divorce, and behavioral finance implications within the household.

Kristy Archuleta

Archuleta is a licensed marriage and family therapist who studies rural and farm families, dyadic processes influencing financial satisfaction and marital satisfaction, empirical-based treatment for couples experiencing financial difficulties, and theoretical development of money issues within couple relationships.

John Grable

Grable is a Certified Financial Planner and a registered financial consultant. He also is the Certified Financial Planner Board of Standards Inc. and International Association of Registered Financial Consultants' registered undergraduate and graduate program director at K-State. His areas of specialization include financial planning practice management; assessment of financial attitudes, knowledge and behaviors, with an emphasis in understanding financial risk tolerance preferences; financial help-seeking behavior; and financial wellness.

This article was posted on Monday, March 8, 2010, and is filed under College News, Family Studies & Human Services, Institute of Personal Financial Planning.