Financial counseling is generally conceptualized as a short-term process concerned with helping people change their financial behavior through applied education and guidance. Counseling typically involves helping people clarify issues, explore options, assess alternatives, make decisions,...

Most risk tolerance studies are quantitative, even though many factors that may affect the manifestation of risk tolerance are qualitative. This study employed a mixed-methods approach to investigate how individuals consider risk tolerance as it relates to their financial situation. Fuzzy-trace...