The Complex Nature of Savings: Results From a Multistate Research Project

The Financial Security for All Community of Practice invites to join members from the NC 1172 multistate project on the complex nature of savings as they share results from several of their recent publications, which focused on low-income savings behavior. Their panel will address economic socialization, risk tolerance, money attitudes, and their relationships with savings behavior. The studies use data from a unique set collected by the team in 2011.
Your panelists include:
Dr. Soo Hyun Cho is Assistant Professor of Consumer Affairs program in the Department of Consumer Sciences at South Dakota State University. Her research interests include the effect of saving goals on the savings behavior, money attitudes, financial socialization, and financial management of low-income households and young adults. She has publications in the Journal of Consumer Affairs, Journal of Family Economic Issues, Family & Consumer Sciences Research Journal, the Journal of Family and Consumer Sciences, and International Journal of Human Ecology. She received her Ph.D. in Family Resource Management from the Ohio State University, M.S. in Family Resource Management, and B.S. in Home Economics Education from Korea University, South Korea.

Tim S. Griesdorn, is an Assistant Professor in the Department of Human Development and Family Studies at Iowa State University. He received his Ph.D. from Texas Tech University in Personal Financial Planning. Griesdorn holds the AFC (Accredited Financial Counselor) designation from the Association for Financial Counseling and Planning Education, the CRC (Certified Retirement Counselor) designation from the International Foundation for Retirement Education, and the CMA (Certified Management Accountant) and CFM (Certified in Financial Management) designations from the Institute of Certified Management Accountants™. His research interests include behavioral finance, financial literacy, and financial education in the workplace.

Michael S. Gutter, Ph.D. is an Associate Professor, Graduate Studies Coordinator, and Family Economics State Specialist for the Department of Family, Youth, and Community Sciences, in the Institute for Food and Agricultural at the University of Florida. His BS is in Family Financial Management and his PhD is in Family Resource Management from The Ohio State University with a specialization in Finance. Dr. Gutter teaches undergraduate and graduate course in Personal and Family Financial Planning; training future financial planners. Dr. Gutter also established the Florida Master Money Mentor Volunteer Training Program, which is currently operating over two-dozen Florida Counties. Gutter’s research currently explores how financial education is related to financial behaviors and whether or not it is effective as a treatment resulting in improved financial decision making. He recently won Outstanding Conference Paper Award for the 2010 Association for Financial Counseling and Planning Education.

Jinhee Kim is an Associate Professor and Family Finance Extension Specialist at University of Maryland, College Park. She also teaches courses in personal and family finance. She received B.S. and M.S. from Seoul National University in Seoul Korea and Ph.D. from Virginia Tech. The University of Maryland recently honored Kim with the George F. Kramer Outstanding Practitioner Award and Outstanding Faculty Woman of Color. She also received the Mid Career Award from the American Council on Consumer Interests in 2009.
Prior to joining University of Maryland, she was director of research to Virginia Tech's National Institute for Personal Finance Employee Education and directed research and published articles in academic and professional journals on workplace financial education. While at Virginia Tech, she served as co-editor of the journal Personal Finances and Worker Productivity. Research from her doctoral dissertation won a national award for excellence from the Association for Financial Counseling and Planning.
She has published refereed journal articles in Journal of Family and Economic Issues, Research Report of Human Sciences, Family and Consumer Sciences Research Journal, Journal of Compensation and Benefits, Financial Counseling and Planning, Journal of Consumer Education, Journal of National Association of Family and Consumer Sciences, Compensation and Benefits Review, Journal of Personal Finance, and Journal of Family and Consumer Sciences. Kim has made dozens of invited presentations to state, regional and national conferences.
She has developed and evaluated numerous financial education and counseling programs for a variety of audience from Food Stamp recipients, employees at workplaces, teachers, financial educators and counselors, volunteers, and more. She provides the leadership in planning an annual national conference, Personal Finance Seminar for Professionals, highly recognized by financial educators, counselors and other professionals, which provides professional development for military financial counselors who work with service members and their families. The conference received national awards from Education and National Extension Association of Family and Consumer Sciences and Association for Financial Counseling and Planning Education.
Kim also serves on the NC-1172 Multistate Research Group: The Complex Nature of Saving: Psychological and Economic Factors. With the multistate research team members, she co-authored articles.
Dr. Kim is Vice President of the Personal Finance Employee Education Foundation. She also serves on the boards of National Consumer League, and Association for Financial Counseling and Planning Education.


Michael Gutter, Jinhee Kim

Created by Michael Gutter

Primary Audience: Not Set