Connect * Empower * Impact

2019 AFCPE® Research and Training Symposium

AFCPE Pre-Symposium: Sunday, November 17 - Tuesday, November 19
AFCPE Symposium: Tuesday, November 19 - Thursday, November 21
Schedule Subject to Change

Thursday, November 15th, 2018
Category: Underserved Populations
Post-Release Financial Intentions of Work Release Participants
Though transition and offender reentry has been investigated thoroughly, researchers have neglected post-release financial intentions as an area of research. The purpose of this study was to use the theory of planned behavior to frame an exploration of the post-release financial intentions of Work Release Participants who were within 180 days of Tentative Parole Date or Max Release Date in a large Southern state. The effects of the aspects of incarceration, in particular total time incarcerated and financial crime, on the prediction of the budgeting and savings behaviors is new to the literature. Greater experience of incarceration somehow produces better post-release financial management intentions. This finding supports the expansion of the TPB to include pertinent background factors. Additionally, the effects of aspects of incarceration may be used in guiding practice and policy for re-entry training.
Implications for Practitioners
Overall, the results suggest an opportunity for state Department of Corrections to employ an Accredited Financial Counselor (AFC®) to train and educate transitioning inmates on communicating about money and using financial resources. The AFC® could be used to cross-train DOC counselors to have more in-depth discussions with their supervisory inmates as the DOC counselors prepare the men and women to return to society. The AFC® could work with inmates to develop ways to discuss financial matters with family members and also work with DOC counselors to ensure the inmate has support from the staff in conducting and pursuing these conversations.