Stages of Financial Behavior Change
Ever wondered why it can be so difficult to change your financial habits? In this episode of Making Cents of Money, join our hosts and special guest, Emily Harmon, Illinois Extension Family Life Educator, as they delve into the Transtheoretical Model to help explain why behavior change relating to finances can be challenging.
You can also listen to this episode on Spotify, Apple Podcasts, & YouTube Music.
Resources & Reading to Complement this Episode
Register for Psychology of Money: Stages of Change on March 12, 2025, at 12 PM CT for an interactive webinar elaborating on the role the Transtheoretical Model can play in understanding and addressing financial behavior change. Reading this after the webinar has occurred? Subscribe to SMMC on YouTube to be alerted when the recording is posted.
Quizzes & Activities to Understand Money Values
Research Articles
- Klontz, B., Britt, S. L., Mentzer, J., & Klontz, T. (2011). Money beliefs and financial behaviors: Development of the Klontz Money Script Inventory. Journal of Financial Therapy, 2(1), 1.
- Klontz, B., Britt, S. L., Archuleta, K. L., & Klontz, T. (2012). Disordered money behaviors: Development of the Klontz money behavior inventory. Journal of Financial Therapy, 3(1), 2.
- Prochaska, J. O., & Velicer, W. F. (1997). The transtheoretical model of health behavior change. American journal of health promotion, 12(1), 38-48.
- Taylor, C. D., Klontz, B., & Britt, S. L. (2016). Reliability and convergent validity of the Klontz Money Script Inventory-revised (KMSI-R). Journal of Financial Therapy, 6(2), 2.
