College Students' Money Beliefs and Behaviors: An Asian Perspective

Autor: Rieko Hanashiro, Jung Hoon Kim, Diane Masuo, Y. Lakshmi Malroutu
Rok vydání: 2004
Předmět:
Zdroj: Early Childhood Education Journal. 25:469-481
ISSN: 1573-3475
1082-3301
DOI: 10.1007/s10834-004-5491-z
Popis: The multidimensionality of money was investigated, using exploratory factor analysis (EFA). The respondents, 290 college students from Korea, Japan, and the United States, were administered a survey, which included socio-demographic questions, and Furnham's (1984) Money Beliefs and Behaviors (MBBS) Scale. Through a series of principal components analyses, a three-factor model with 10 MBBS items was identified. The three factors, Power, Security, and Financial Modesty accounted for 53.6% of the variance. The findings have implications for college students and financial management practitioners.
Databáze: OpenAIRE