A Consideration For Increasing Post-Release Financial Success

ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
Cathy Marcum, Associate Professor and Curriculum Coordinator (Creator)
Appalachian State University (ASU )
Web Site: https://library.appstate.edu/

Abstract: There is an ever-growing body of research indicating the importance and effectiveness of correctional programming. The main goal of release is autonomy, which includes financial independence. This can be achieved not only through employment, but also having the financial capability to budget, pay bills, and properly handle one's finances. It is important to understand the perceptions of financial literacy and its relationship with release in order to create effective programming. This study fills a gap in the literature that explores predictive factors regarding the attitudes and perceptions of inmates regarding their financial matters and choices. Aspects of incarceration (e.g. length of time incarcerated, number of times incarcerated, and type of crime) were found to be associated with financial attitudes, anticipated post-release social support, and perceptions of control over financial behavior for transitional center residents within six months of release.

Additional Information

Mielitz K (Kate) S, Marcum C. A Consideration for Increasing Post-Release Financial Success. American Journal of Criminal Justice. 2020;45(5):955-969. doi:10.1007/s12103-019-09515-2. Publisher version of record available at: https://link.springer.com/content/pdf/10.1007/s12103-019-09515-2
Language: English
Date: 2020
Transition, Financial capability, Financial literacy, Length of incarceration, Correctional programming

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