Responsible personal finance: Three fundamental questions

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Abstract

Our interdisciplinary research on responsible personal finance is developing a new, mixed methods research agenda to explore the ‘lived experience’ of financialisation, an area that is broadly neglected by the academic literature. This body of work will lead to new conceptual and theoretical understandings of responsible personal finance from a consumer perspective. The research advances the academic and policy debates by considering several fundamental questions: Question 1: What is responsible personal finance? Question 2: How can finance be responsible? and Question 3: With whom does financial responsible lie? Through addressing these questions and considering how finance impacts upon individuals’ everyday lives, the broader implications for financialisation can be better understood. Moreover, this research is designed to encourage greater responsibility within financial organisations for their operations and practices for the benefit of society.
Original languageEnglish
Pages (from-to)57-63
Number of pages7
JournalSocial Business
Volume8
Issue number1
DOIs
Publication statusPublished - 1 Mar 2018

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Bibliographical note

Author Posting © Westburn Publishers Ltd, 2018. This is a post-peer-review, pre-copy-edit version of an article which has been published in its definitive form in the Social Business, and has been posted by permission of Westburn Publishers Ltd for personal use, not for redistribution. The article was published in [Social Business, Vol. 8, 2018, No. 1, pp. 57-63, doi: 10.1362/204440818X15208755029564 http://dx.doi.org/10.1362/204440818X15208755029564 ]

Keywords

  • Debt
  • Finance
  • Financial Capability
  • Financial Inclusion
  • Financialisation
  • Responsibility

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