College Students’ Attitudes towards Credit Card Debt & Savings
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The Ohio State University / OhioLINK
2010
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| Online Access: | http://rave.ohiolink.edu/etdc/view?acc_num=osu1268156217 |
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ndltd-OhioLink-oai-etd.ohiolink.edu-osu12681562172021-08-03T05:58:46Z College Students’ Attitudes towards Credit Card Debt & Savings Sharp, Deborah Marie Finance Psychology Credit Card Debt Credit Cards Savings Financial Knowledge Financial Literacy Debt Attitudes Savings Attitudes Money Attitudes College The housing boom that peaked in 2005 and began its decline in early 2006 continues to have far reaching effects four years later in the credit card industry, on unemployment rates, and on many other aspects of the economy. The current economic recession has changed the way people spend, save, and look at money. The teenagers that experienced these rocky economic times are now 18 and older and are starting their own independent financial lives. So what influences the spending and savings behaviors of college students today? The present study was a small exploratory experiment that investigated (1) whether college students’ attitudes had an influence on their financial behaviors and (2) alternative measures of financial attitudes. Attitudes were assessed using self-reported measures and implicit measures (the personalized Implicit Association Test and subliminal priming). Credit card behaviors and savings behaviors were assessed, and financial knowledge was measured. The results for savings revealed that the self-report measure provided a stronger association with savings behaviors than the implicit measures. For debt, the results were less clear. Financial knowledge correlated more strongly with debt behaviors than any attitudinal measure. Higher financial knowledge was associated with having a savings account for a longer period of time. The empirical results from this study suggest that attitudes and financial knowledge are associated with financial behaviors. 2010-08-23 English text The Ohio State University / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=osu1268156217 http://rave.ohiolink.edu/etdc/view?acc_num=osu1268156217 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws. |
| collection |
NDLTD |
| language |
English |
| sources |
NDLTD |
| topic |
Finance Psychology Credit Card Debt Credit Cards Savings Financial Knowledge Financial Literacy Debt Attitudes Savings Attitudes Money Attitudes College |
| spellingShingle |
Finance Psychology Credit Card Debt Credit Cards Savings Financial Knowledge Financial Literacy Debt Attitudes Savings Attitudes Money Attitudes College Sharp, Deborah Marie College Students’ Attitudes towards Credit Card Debt & Savings |
| author |
Sharp, Deborah Marie |
| author_facet |
Sharp, Deborah Marie |
| author_sort |
Sharp, Deborah Marie |
| title |
College Students’ Attitudes towards Credit Card Debt & Savings |
| title_short |
College Students’ Attitudes towards Credit Card Debt & Savings |
| title_full |
College Students’ Attitudes towards Credit Card Debt & Savings |
| title_fullStr |
College Students’ Attitudes towards Credit Card Debt & Savings |
| title_full_unstemmed |
College Students’ Attitudes towards Credit Card Debt & Savings |
| title_sort |
college students’ attitudes towards credit card debt & savings |
| publisher |
The Ohio State University / OhioLINK |
| publishDate |
2010 |
| url |
http://rave.ohiolink.edu/etdc/view?acc_num=osu1268156217 |
| work_keys_str_mv |
AT sharpdeborahmarie collegestudentsattitudestowardscreditcarddebtsavings |
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