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The access to care benefits of Affordable Care Act (ACA) Medicaid expansions are important for 45–64-year-old adults who are living below 100% of the Federal Poverty Level, a particularly vulnerable group in the United States (US). Gaining coverage from Medicaid expansions should improve access to healthcare and affect social determinants of health, including financial behavior. We analyzed data from 2009 to 2018 from the National Financial Capability Survey (NFCS) and utilize a difference-in-differences model to compare outcomes changes in states with and without expansion before and after the ACA Medicaid expansions. Overall, Medicaid expansion was associated with increased healthcare access for 45–64-year-olds, potentially resulting in better healthcare experience. Results indicate effects of the Medicaid expansion on the financial behavior of 45–64-year-olds, with evidence of credit card bills being paid in full, higher banking activities, and better financial preparedness. These findings have important implications for financial regulators and healthcare policymakers. [ABSTRACT FROM AUTHOR]

This narrative review critically examines the scope and impact of financial literacy programs targeted at children and adolescents. By synthesizing findings from diverse studies, the review identifies key components of effective financial education, including the integration of experiential learning, the role of digital tools, and the importance of parental involvement. Challenges such as ensuring curriculum relevance in a rapidly evolving financial landscape and addressing the varied learning needs of young populations are discussed. Recommendations for future research include the necessity for longitudinal studies to assess the long-term effects of early financial education and exploration into the digitalization of financial literacy. This review aims to contribute to the development of more inclusive, adaptive, and impactful financial literacy education strategies, underscoring the critical role of comprehensive financial education in preparing young individuals for financial autonomy and resilience. [ABSTRACT FROM AUTHOR]

This narrative review critically examines the scope and impact of financial literacy programs targeted at children and adolescents. By synthesizing findings from diverse studies, the review identifies key components of effective financial education, including the integration of experiential learning, the role of digital tools, and the importance of parental involvement. Challenges such as ensuring curriculum relevance in a rapidly evolving financial landscape and addressing the varied learning needs of young populations are discussed. Recommendations for future research include the necessity for longitudinal studies to assess the long-term effects of early financial education and exploration into the digitalization of financial literacy. This review aims to contribute to the development of more inclusive, adaptive, and impactful financial literacy education strategies, underscoring the critical role of comprehensive financial education in preparing young individuals for financial autonomy and resilience.

This paper describes the results from a study designed to illustrate the use of machine learning analytical techniques from a household consumer perspective. The outcome of interest in this study is a household's degree of financial preparedness as indicated by the presence of an emergency fund. In this study, six machine learning algorithms were evaluated and then compared to predictions made using a conventional regression technique. The selected ML algorithms showed better prediction performance. Among the six ML algorithms, Gradient Boosting, kNN, and SVM were found to provide the most robust degree of prediction and classification. This paper contributes to the methodological literature in consumer studies as it relates to household financial behavior by showing that when prediction is the main purpose of a study, machine learning techniques provide detailed yet nuanced insights into behavior beyond traditional analytic methods. [ABSTRACT FROM AUTHOR]

The main objective of this paper is to investigate the mediating role of subjective career success (SCS) in the relationship between proactive personality, social support (SS), and pre-retirement anxiety. Using a two-wave longitudinal design, 624 pre-retirees were sampled (M = 56.49 years; SD = 4.56); of these, 237 (37.98%) were males and 387 (62.02%) were females. Measurement model and mediation test were performed using the SmartPLS and IBM SPSS Amos software. The result indicated that proactive personality, SS, and SCS showed negative relationships with the dimensions of pre-retirement anxiety (financial preparedness, social obligation, and social alienation). Subjective career success mediated the relationship between proactive personality and pre-retirement anxiety.

The main objective of this paper is to investigate the mediating role of subjective career success (SCS) in the relationship between proactive personality, social support (SS), and pre-retirement anxiety. Using a two-wave longitudinal design, 624 pre-retirees were sampled (M = 56.49 years; SD = 4.56); of these, 237 (37.98%) were males and 387 (62.02%) were females. Measurement model and mediation test were performed using the SmartPLS and IBM SPSS Amos software. The result indicated that proactive personality, SS, and SCS showed negative relationships with the dimensions of pre-retirement anxiety (financial preparedness, social obligation, and social alienation). Subjective career success mediated the relationship between proactive personality and pre-retirement anxiety. [ABSTRACT FROM AUTHOR]

Two studies were conducted to develop and provide evidence supporting the construct validity and internal consistency of scores from the Nigerian Pre-retirement Anxiety Scale (NPAS). The measure comprises three dimensions: financial preparedness, social obligation, and social alienation. In the first study, data collected from 424 civil servants supported the proposed dimensionality of scale scores and internal consistency (Cronbach's alpha for the full scale = 0. 83). In the second study, data collected from a total sample of 216 employees who were also civil servants from different government agencies likewise supported the internal consistency of scores from the NPAS (Cronbach alpha for the full scale = 0.73), as well as validity. Scores from the NPAS appear to have evidence for research purposes. [ABSTRACT FROM AUTHOR]

Despite the pervasiveness of the Fourth Industrial Revolution, few studies have examined the adoption of smart factories. Scholars have long examined firms' willingness to adopt smart factories. Thus, this study heeds this call by investigating the factors driving the adoption of smart factories. It employs a fuzzy-set configuration approach to capture the complex interactions underlying these drivers in the context of South Korean marine equipment firms. Based on data from a sample of 180 respondents, the findings revealed four complex paths with factors including government support, the entrepreneurial spirit of top management, efficiency expectation, and financial preparedness shaping the high and low implementation of smart factories. Theoretically, the findings are an exception to extant technology acceptance models. Practically, the attention of practitioners in South Korea and other similar contexts was drawn. • This paper investigates four factors driving smart factory implementation. • It examines marine equipment manufacturers in South Korea. • Four complex paths leading to high and low smart factory implementation are determined. [ABSTRACT FROM AUTHOR]

In order to continue to move forward, the field of family resource management needs rich research programmes based on holistic, synergetic approaches. To this end, this paper presents a multi-perspective research framework for designing family resource management research programmes using insights from five existing perspectives to understand families: life cycle stages, life spiral across generations, unplanned life transitions, the historical context of the course of one's life, and the different levels of influence on daily life ranging from the cosmos to the unknown (spheres of influence perspective). A modernization of the life cycle perspective is proposed as well to accommodate the gap between the full nest and the empty nest. We then use this new research framework to shape the development of a programme targeting retirement preparedness of mid-life working couples with dependents (children and aged or infirm adults). We anticipate that deeper, more holistic insights into family resource management strategies can be gained from using this new research framework. [ABSTRACT FROM AUTHOR]