Purposive and Unintentional Family Financial Socialization, Subjective Financial Knowledge, and Financial Behavior of High School Students

Autor/inn/en	Deenanath, Veronica; Danes, Sharon M.; Jang, Juyoung
Titel	Purposive and Unintentional Family Financial Socialization, Subjective Financial Knowledge, and Financial Behavior of High School Students
Quelle	In: Journal of Financial Counseling and Planning, 30 (2019) 1, S.83-96 (14 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Zusatzinformation	ORCID (Deenanath, Veronica) ORCID (Jang, Juyoung)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1052-3073
Schlagwörter	High School Students; Money Management; Socialization; Correlation; Student Diversity; Path Analysis; Income; Student Behavior; Knowledge Level; Parent Child Relationship; Minority Groups; Ethnicity; Urban Areas; Rural Areas; High School Seniors; Self Efficacy; Gender Differences; Decision Making; Family Characteristics; Individual Characteristics + Suchen Sie Ihr Suchwort? High school; High schools; Student; Students; Oberschule; Schüler; Schülerin; Studentin; Socialisation; Sozialisation; Korrelation; Pfadanalyse; Einkommen; Student behaviour; Schülerverhalten; Wissensbasis; Parents-child relationship; Parent-child-relation; Parent-child relationship; Eltern-Kind-Beziehung; Ethnische Minderheit; Ethnizität; Urban area; Stadtregion; Rural area; Ländlicher Raum; Self-efficacy; Selbstwirksamkeit; Geschlechterkonflikt; Decision-making; Entscheidungsfindung; Personality characteristic; Personality traits; Persönlichkeitsmerkmal
Abstract	Using the family financial socialization theory, this study investigated the financial knowledge and behavior of high school students' contextualizing unintentional and purposive family financial socialization. The sample of 4,473 high school students were 51% females, 45% seniors, and ethnically diverse. A path analysis tested conceptual relationships between variables. Results indicated that the two unintentional socialization indicators were positively associated with subjective financial knowledge and financial behavior. Those indicators were also indirectly associated with financial behavior through knowledge. Student-earned income, a purposive indicator of socialization, was positively associated with behavior through knowledge. Exclusively obtaining money through parents was negatively associated with behavior through knowledge. Knowledge was positively associated with behavior. (As Provided).
Anmerkungen	Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: https://connect.springerpub.com/content/sgrjfcp
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01