Financial Decision Making


Budgeting and financial planning can be difficult at any age. RAND research aims to help children, young adults, and seniors understand how to make better financial decisions and help policymakers and companies develop better financial decisionmaking tools and resources.

  • Financial Advisor Talking To Senior Couple At Home


    Do Financial Advisers Influence Savings Behavior?

    Nov 20, 2015

    Financial advisers can play an important role with helping individuals make better financial decisions and improving their financial situations. But does working with a financial adviser improve savings behavior, particularly saving for retirement?

  • A young woman holding pliers as she makes jewelry


    Why More Young Workers Are Relying on Financial Help from Parents

    Aug 31, 2017

    As today's young adults grapple with a difficult job market, high tuition costs, and rapidly rising rents, parents are increasingly providing financial support and other forms of assistance.

Explore Financial Decision Making

  • Content

    Keith Henry

    Education M.B.A., University of California, Los Angeles; M.S. in electrical engineering, University of Southern California; B.S. in mathematics/systems sciences, University of California, Los Angeles

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    Angela A. Hung

    Adjunct Economist
    Education Ph.D. and M.S. in social science, California Institute of Technology; M.A. in economics, University of Virginia; B.A. in mathematical economic analysis, Rice University

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    Jenna W. Kramer

    Associate Policy Researcher
    Education Ph.D. in education policy, Vanderbilt University; B.A. in psychology, Colgate University

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    Andrew M. Parker

    Codirector, RAND Center for Decision Making Under Uncertainty; Senior Behavioral and Social Scientist; Faculty, Pardee RAND Graduate School
    Education Ph.D. in behavioral decision theory, Carnegie Mellon University; M.S. in statistics, Carnegie Mellon University; B.A. in psychology and statistics, University of Michigan, Ann Arbor