Title

Enhancing Cultural Competence in FinancialCounseling and Planning: Understanding Why Families Make Religious Contributions

Document Type

Article

Journal/Book Title/Conference

Journal of Financial Counseling and Planning

Volume

20

Issue

2

Publication Date

2009

First Page

14

Last Page

26

Abstract

Some highly religious individuals contribute a relatively high percent of their income (e.g., 10-15% or more) to their faith communities. This study used a racially and religiously diverse sample and employed qualitative methods to investigate why these individuals give. Five themes emerged from the grounded-theory analysis. Four themes concerned why families gave: a) out of a sense of obedience/duty, b) to express thanksgiving and feel joy, c) because they feel that it is a wise investment, and d) to promote social justice and charity. The final theme that emerged was that they give despite their financial challenges. Based on these findings, this study offers suggestions for how financial counselors and planners might provide culturally competent services to highly religious individuals.

This document is currently not available here.

Share

COinS