[雙語翻譯]個(gè)人理財(cái)外文翻譯--研究生個(gè)人理財(cái)態(tài)度的初步研究（英文）

1、Personal financial planning811Management Research Review Vol. 33 No. 8, 2010 pp. 811-817 # Emerald Group Publishing Limited 2040-8269 DOI 10.1108/01409171011065617Personal financial planning attitudes: a preliminary stud

2、y of graduate studentsDavid S. Murphy School of Business and Economics, Lynchburg College, Lynchburg, Virginia, USA, and Scott Yetmar College of Business Administration, Cleveland State University, Cleveland, Ohio, USAAb

3、stractPurpose – The purpose of this paper is to report on a survey about the personal financial planning attitudes of MBA students in the USA. Design/methodology/approach – The study surveyed 206 MBA students about their

4、 attitudes to personal financial planning. Participants were asked about their level of knowledge, whether they had prepared components of a financial plan, where they might seek assistance in such a process and the crit

5、eria for selecting a financial planner. In addition, participants were asked to indicate their level of confidence in a financial plan’s capacity to help them meet their long-term needs and the likelihood that they would

6、 implement such a plan. Findings – The findings indicate that, while most respondents feel both that financial planning is important and that they are interested in developing a financial plan, very few feel that they ha

7、ve the necessary skills and knowledge to prepare their own plan. In addition, the participants indicated a strong preference for professional personal financial planning advice. The study also indicates that less than 13

8、 percent have prepared a comprehensive personal financial plan. When asked to identify the one professional from whom they would seek advice, certified financial planners were the preferred resource. Research limitations

9、/implications – While the results are not generalizable to the wider population, the views of this group are important because one might expect that educated individuals would be both more interested in personal financia

10、l planning and more capable of preparing their own plans compared with average Americans. Practical implications – The study presents some implications for practice and financial literacy education from a US perspective.

11、 Originality/value – A perceived need of respondents is to feel that their financial planner will put their needs first. While some professionals believe this to be the hallmark of ‘‘independence,’’ the respondents place

12、d less importance on planner independence. In order to foster client confidence, planners must act in ways that convey clearly the primacy of their clients’ needs. Keywords Graduates, United States of America, Financial

13、services, Personal finance Paper type Research paperIntroduction The need for financial security, especially during retirement years, has been met historically in the United States (USA) in three ways: personal savings (

14、including insurance and annuities), social insurance programs like social security and employer- sponsored pension programs. Employer-sponsored pension programs have been the cornerstone of these financial security tools

15、. Consequently, pension programs have been the target of continual legislative actions. The Employee Retirement Income and Security Act of 1974 made significant and wide-sweeping changes that affected most aspects of cor

16、porate and self-employed pension programs (that is, legal, tax, investment and actuarial) and initiated 401(k) programs. These changes lead to an increase in the popularity of defined-contribution pension plans.The curre

17、nt issue and full text archive of this journal is available atwww.emeraldinsight.com/2040-8269.htmPersonal financial planning813Attitudes toward planning Participants were asked specifically. whether they thought that pr

18、eparing a personal financial plan was important;. whether they were interested in preparing such a plan;. whether they had time to do so; and. whether or not they felt that they had the necessary skills and knowledge to

19、prepare a personal financial plan.The results of these four questions are summarized in Table III. It is interesting to note that the percentage of participants who indicated that they had the skills and knowledge necess

20、ary to prepare a personal financial plan (33 percent) is slightly lower than the percentage of Americans in the University of Michigan study who had tried to calculate their retirement fund needs (Employee Benefit News,

21、2005). Of the 68 participants who indicated that they had the necessary skills and knowledge to prepare a personal financial plan, 47 indicated employment in accounting or finance positions. Only 69 of the subjects (33.5

22、 percent) indicated that they had prepared a written, comprehensive personal financial plan. A complete financial plan addresses many issues, some of which are not applicable to all individuals. Consequently, the partici

23、pants were also asked to identify plan components that they had prepared. These results are summarized in Table IV. As evident in Table IV, the participants in the study have not prepared many of the components of a comp

24、rehensive financial plan. About the same percentage of participants who reported that they had the skills and knowledge needed to prepare a financial plan (33 percent) had actually prepared such a plan (33.5 percent). Ap

25、proximately one in five participants had prepared an educational funding analysis.Table II. Summary participant demographics(%)Number of participants n ¼ 206 Female 104 50.98 Male 102 49.02Mean age 29.1 years –Highe

26、st educational level Bachelor’s degree 171 85.9 Master’s degree 23 11.6 Doctoral degree 5 2.5Mean years of work experience 6.5 years – Number employed in accounting or finance 25 12.25 Mean annual income (USD) 47,558 –Ta

27、ble III. Financial planning interest and knowledgeAffirmative responses (%)Personal financial planning is important 156 75.7 Interested in personal financial planning 138 67 Have the time to prepare a personal financial