College of Family and Consumer Sciences
|Degree||Field of Study||Institution||Graduation|
|Ph.D.||Financial Planning, Housing and Consumer Economics||University of Georgia||2017|
|M.A.||Journalism and Mass Communication||University of Georgia||2012|
|B.A.||Communications||Capital University of Economics and Business, China||2009|
My research interests include financial advice-seeking behavior, consumer well-being, financial socialization, financial education, literacy, and capability, and behavioral finance.
Prior Professional Positions
|Organization||Title||Years of Service|
|University of Missouri / Personal Financial Planning||Assistant Professor||2017-2021|
|Award Name||Awarded By||Year Awarded|
|Emerging Scholar Award||American Association of Family and Consumer Sciences||2022|
|Richard L. D. Morse Early-Career Award||American Council on Consumer Interest||2022|
|National Endowment for Financial Education Best Paper Award||American Council on Consumer Interests||2021|
|Hazel M. Hatcher HES Teaching Scholar Award||College of Human Environmental Sciences, University of Missouri||2021|
|Outstanding Symposium Research Paper Award||Association for Financial Counseling and Planning Education||2019|
|National Endowment for Financial Education Best Paper Award||American Council on Consumer Interests||2017|
|Outstanding Teaching Assistant Award||Graduate School, The University of Georgia||2017|
|NAGDCA Conference Travel Award & ANC Scholar Award||Arthur N. Caple Foundation||2016|
|Position||Name of Journal||Year(s)|
|Editorial Board||Journal of Financial Planning and Counseling||2022 -|
|Editorial Board||Journal of Personal Finance||2021 -|
FACS Faculty Advisory Committee (Since 2022)
Fan, L. (2022). The use of financial advice: Consumers’ financial advice-seeking. In J.E. Grable, & S. Chatterjee (Eds.), De Gruyter Handbook of Personal Finance (pp. 551–567). Doi: 10.1515/9783110727692-031
FYOS 1001 Consumer and Money Skill for College Life
FHCE 4205 Wealth Management II
FHCE 6205 Advanced Wealth Management II
- Financial socialization and financial behavior and well-being of adults at different life stages
- Financial decision-making and behavioral finance
- The mechanism of financial well-being
- Young adults' financial capability, independence and life outcomes
- Cognitive abilities, psychological characteristics, and financial planning practices
- Financial worries and hardship and health outcomes
Fan, L. (In Press). Consumer financial information processing: An integrated approach to examine individual differences. International Journal of Consumer Studies. https://doi.org/10.1111/ijcs.12859
Fan, L., Chatterjee, S., & Kim, J. (In Press). Young adults’ personality traits and subjective well-being: Ther role of perceived money management capability. Journal of Behavioral and Experimental Finance. https://doi.org/10.1016/j.jbef.2022.100689
Pak, T.-Y., & Fan, L. (In Press). Childhood experience of parental affection and financial well-being in later life: Evidence from the Health and Retirement Study. Journal of Consumer Affairs. https://doi.org/10.1111/joca.12463
Zhang, Y., & Fan, L. (2022 ). Financial capability, financial education, and student loan debt: Expected and unexpected results. Journal of Financial Counseling and Planning. https://doi.org/10.1891/JFCP-2021-0039
Fan, L., & Lim, H. (2022 ). Cognitive abilities and seeking financial advice: Differences in advice sources. Journal of Financial Counseling and Planning, 33 (1), 97-114. https://doi.org/10.1891/JFCP-19-00079
Ryu, S., & Fan, L. (2022 ). The relationship between financial worries and psychological distress among U.S. adults. Journal of Family and Economic Issues. https://doi.org/10.1007/s10834-022-09820-9
Fan, L. (2022 ). Mobile investment technology adoption among investors. International Journal of Bank Marketing, 40, (1), 50-67.https://doi.org/10.1108/IJBM-11-2020-0551
Fan, L., Chatterjee, S., & Kim, J. (2022). An integrated framework of young adults’ subjective well-being: The roles of personality traits, financial responsibility and perceived capability, and race. Journal of Family and Economic Issues, 43, 66-85. https://doi.org/10.1007/s10834-021-09764-6
Fan, L., Lim, H., & Lee, J. M. (2022 ). Young adults’ financial advice-seeking behavior: The roles of parental financial socialization and personality traits. Family Relations, 71 (3),1226-1246. https://doi.org/10.1111/fare.12625
Fan, L., & Henager, R. (2021 ). A structural determinants framework for financial well-being. Journal of Family and Economic Issues. https://doi.org/10.1007/s10834-021-09798-w
Fan, L., Stebbins, R. & Kim, K. T. (2021). Skint, retirement? Financial hardship and retirement planning behaviors. Journal of Family and Economic Issues. https://doi.org/10.1007/s10834-021-09779-z
Chatterjee, S., & Fan, L. (2021). Older adults’ life satisfaction: The roles of seeking financial advice and personality traits. Journal of Financial Therapy, 12 (1), 51-78. https://newprairiepress.org/jft/vol12/iss1/4/
Fan, L., & Zhang, L. (2021). The influence of financial education sources on emergency savings: The role of financial literacy. Family and Consumer Sciences Research Journal,49 (4), 344-361. https://doi.org/10.1111/fcsr.12400
Fan, L., & Park, N. (2021). Factors mediating the association between financial socialization and well-being of young adults: Testing a conceptual framework. Journal of Financial Counseling and Planning, 32 (2), 202-216. https://doi.org/10.1891/JFCP-20-00056
Fan, L. (2021). Information search, financial advice use, and consumer financial behavior. Journal of Financial Counseling and Planning, 32 (1), 21-34. https://doi.org/10.1891/JFCP-18-00086.
Fan, L. (2021). A conceptual framework of financial advice-seeking and short- and long-term financial behaviors: An age comparison. Journal of Family and Economic Issues, 42, 90-112. https://doi.org/10.1007/s10834-020-09727-3.
Chatterjee, S., Fan, L., Ryu, S., & Kim, J. (2021). A decade review of Asian studies in the Journal of Family and Economic Issues from 2010 to 2019. Journal of Family and Economic Issues, 42, 178-194. https://doi.org/10.1007/s10834-020-09735-3.
Fan, L., & Chatterjee, S. (2020). The utilization of robo-advisors by individual investors: An analysis using diffusion of innovation and information search frameworks. Journal of Financial Counseling and Planning, 31 (1), 130-145. https://doi.org/10.1891/jfcp-18-00078.
Fan, L., & Chatterjee, S. (2019). Bequest expectations among U.S. older adults: The roles of generational differences and personality traits. Financial Planning Review, 2 (3-4), 130-145, e1057. https://doi.org/10.1002/cfp2.1057.
Fan, L., & Babiarz, P. (2019). The determinants of subjective financial satisfaction and the moderating roles of gender and marital status. Family and Consumer Sciences Research Journal, 47 (3), 237-259. http://dx.doi.org/10.1111/fcsr.12297.
Fan, L., & Chatterjee, S. (2019). Financial socialization, financial education, and student loan debt. Journal of Family and Economic Issues, 40 (1), 74-85. https://doi.org/10.1007/s10834-018-9589-0.
Fan, L., & Chatterjee, S. (2018). Application of situational stimuli for examining the effectiveness of financial education: A behavioral finance perspective. Journal of Behavioral and Experimental Finance, 17, 68-75. https://doi.org/10.1016/j.jbef.2017.12.009.
Chatterjee, S., & Fan, L. (2017). Household demand for private long-term care insurance: An exploratory note. Economics Bulletin, 37 (3), 1975-1981. http://www.accessecon.com/Pubs/EB/2017/Volume37/EB-17-V37-I3-P178.pdf.
Fan, L. , & Chatterjee, S. (2017). Borrowing decisions of households: An examination of the information search process. Journal of Financial Counseling and Planning, 28 (1), 95-106. http://dx.doi.org/10.1891/1052-3073.28.1.95.
Chatterjee, S., Fan, L., Jacobs, B., & Haas, R. (2017). Risk tolerance and goals-based savings behavior of households: The role of financial literacy. Journal of Personal Finance, 16 (1), 66-77. https://issuu.com/iarfcregister/docs/journal_of_personal_finance_spring_.