Do the Financial Behaviours of College Students Vary by Their State’s Financial Education Policies?

Gutter, Michael S.; Çopur, Zeynep; Garrison, Selena

doi:10.1007/978-981-10-0360-8_15

Cited by 14 publications

(14 citation statements)

References 34 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This finding is supported by a study conducted by Gutter, Copur and Garrison (2010) in the University of Florida. They found that students from 7 states where a financial education course was compulsory had the highest financial knowledge.…”

Section: Discussion Ssupporting

confidence: 74%

“…The finding showed that students who did not take any finance course before were less knowledgeable than those who took a finance course previously. This finding is supported by a study conducted by Gutter, Copur and Garrison (2010) in the University of Florida. They found that students from 7 states where a financial education course was compulsory had the highest financial knowledge.…”

Section: Discussion Ssupporting

confidence: 74%

See 1 more Smart Citation

Financial literacy among university students: A study in eight European countries

Ergün

2017

Int J Consumer Studies

View full text Add to dashboard Cite

show abstract

Section: Discussion Ssupporting

confidence: 74%

Section: Discussion Ssupporting

confidence: 74%

Financial literacy among university students: A study in eight European countries

Ergün

2017

Int J Consumer Studies

View full text Add to dashboard Cite

show abstract

“…Importance of high school financial education proves also research at 15 universities in United States (Gutter et al, 2016). Financial behaviour of university students vary according to state mandates on financial education at high school.…”

Section: Financial Literacy Definition and Meaningmentioning

confidence: 93%

Financial Literacy of Secondary School Students. Case Study from the Czech Republic and Slovakia

Belás¹,

Nguyen²,

Smrčka³

et al. 2016

Economics &Amp; Sociology

View full text Add to dashboard Cite

Financial literacy is an important area of education for secondary school students, because appropriate management of personal finance creates preconditions for successful and quality life. In this article we examined the level of financial literacy of students of commercial academies in Czech Republic and Slovakia. Our results confirmed that the learning process in both countries has some reserves. The average value of correct answers regarding the savings was 16.33% in Slovakia and 21.33% in the Czech Republic, which can be classified as very low. Significantly improved results were shown by the respondents when it comes to consumer loans. The average value of correct answers in Slovakia was relatively high (87.76%). In the Czech Republic, the average value of the correct responses was 61.33%. The average value of correct answers on the use of payment cards abroad was relatively high both in Slovakia (77.55%) and the Czech Republic (73.33%). Our research, which was significantly more extensive than presented in this article, demonstrates that the intensity of interest in the socio-economic system is relatively low and students are not adequately motivated to be proactive. Therefore, we propose to create more room for intense use of advanced teaching methods in order to improve application skills of students. In this context, it is necessary to focus on promotion of personal initiative among the students.

show abstract

“…This relationship has been investigated outside of Turkey by several researchers (e.g. Kim, 2003; Gutter et al , 2016; Sohn et al , 2012). However, there are some tendencies regarding money ethics which are unique to the Turkish society.…”

mentioning

confidence: 99%

An investigation of financial literacy, money ethics and time preferences among college students

Aydın

Akben-Selçuk

2019

IJBM

View full text Add to dashboard Cite

Purpose Financial literacy has a strong influence on financial well-being, and it is a concept especially important for college students who start to develop their financial habits. The purpose of this paper is to examine the relationship between financial literacy, money attitudes and time preferences among Turkish university students. Design/methodology/approach Data were collected from 1,443 university students from 14 campuses in Turkey. Structural equation modeling methodology is employed to test the hypotheses. Findings The results suggest that students with higher financial knowledge scores have more favorable financial attitudes and exhibit more desirable financial behaviors. It is also demonstrated that financial attitude is positively related to financial behavior. Furthermore, a significant and negative relationship between the affective dimension of the money ethic construct and financial behavior is found. In contrast, the relationship between the behavioral dimension of money ethic and financial behavior is positive. It is further demonstrated that a present orientation leads to more negative financial attitudes. Originality/value This study will reveal the interrelationships among dimensions of financial literacy, money ethics and time preferences in an emerging economy with a relatively little experience with formal financial systems and unstable macroeconomic conditions.

show abstract

Do the Financial Behaviours of College Students Vary by Their State’s Financial Education Policies?

Cited by 14 publications

References 34 publications

Financial literacy among university students: A study in eight European countries

Financial literacy among university students: A study in eight European countries

Financial Literacy of Secondary School Students. Case Study from the Czech Republic and Slovakia

An investigation of financial literacy, money ethics and time preferences among college students

Contact Info

Product

Resources

About