Financial Literacy: Building Economic Empowerment with Survivors of Violence

Judy L. Postmus, Sara Beth Plummer, Sarah McMahon, Karen A. Zurlo

Research output: Contribution to journalArticlepeer-review

36 Scopus citations

Abstract

The purpose of this paper is to outline key constructs including financial literacy, economic self-efficacy, economic self-sufficiency, and economic empowerment, and then present findings from an exploratory study that sought to understand the relationship among these variables in a sample of abused women. The results revealed positive and significant relationships between financial literacy with economic empowerment, economic self-efficacy and economic-self sufficiency. Results also indicated that financial literacy, race, and economic self-sufficiency were significant predictors of economic empowerment. By focusing this research on abused women, it is our intention to raise awareness about the importance of financial literacy curricula with advocates, policy-makers and researchers, so more focus can be given to economically empowering IPV survivors.

Original languageEnglish (US)
Pages (from-to)275-284
Number of pages10
JournalJournal of Family and Economic Issues
Volume34
Issue number3
DOIs
StatePublished - Sep 2013

ASJC Scopus subject areas

  • Social Psychology
  • Economics and Econometrics

Keywords

  • Economic empowerment
  • Financial literacy
  • Intimate partner violence

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