The Intergenerational Transference of Money Attitudes and Behaviors

Britt, Sonya L.

doi:10.1111/joca.12113

Cited by 38 publications

(19 citation statements)

References 38 publications

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“…Therapists could encourage couples to draw a financial genogram or family tree to examine the money beliefs and behaviors of their siblings, parents, aunts and uncles, and grandparents. Doing so can provide insight to values and preferences for or against materialism for the couple (see Britt, 2016).…”

Section: Discussionmentioning

confidence: 99%

Marriage and Materialism: Actor and Partner Effects Between Materialism, Importance of Marriage, and Marital Satisfaction

LeBaron¹,

Allsop²,

Hill³

et al. 2017

Journal of Financial Therapy

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Drawing upon both the incompatibility of materialism and children model and marital paradigms theory, the purpose of the current study was to examine husband-wife actor and partner effects between materialism and marital satisfaction and to explore perception of the importance of marriage as a mediator of these relationships. Using a sample of 706 couples from the RELATE dataset, wives' materialism negatively predicted both their own marital satisfaction, as well as their husbands' marital satisfaction. However, when controlling for financial problems in marriage, these effects became non-significant. Additionally, upon adding both wives' and husbands' importance of marriage (as well as combined couples' "common fate" importance of marriage) to the model as mediators, indirect effects (actor and partner) between materialism and marital satisfaction were noted. Thus, when one partner (regardless of gender) places a high value on money and possessions, both spouses are less likely to place a high value on marriage, and are subsequently less likely to be satisfied in their marriage. Implications for financial therapists are discussed.

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Section: Discussionmentioning

confidence: 99%

Marriage and Materialism: Actor and Partner Effects Between Materialism, Importance of Marriage, and Marital Satisfaction

LeBaron¹,

Allsop²,

Hill³

et al. 2017

Journal of Financial Therapy

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“…Research is growing (Clarke, et al, 2005;Sherraden, et al, 2011) finding that children's financial knowledge and skills are much better when children, adolescents have the opportunity to practice financial practices at home and thus prepare for financial independence in the future. Britt (2016) believes that pocket money in early childhood is one of the first lessons in financial management. Children are given the right to decide how and where they will use the incoming pocket money, which is a great financial practice that helps to develop and deepen financial skills.…”

Section: Parental Financial Socialization As a Determinant Of Financimentioning

confidence: 99%

World Experience: Commercial Bank Credit and Economic Growth Relationship

Aslanishvili

2020

Acta Prosperitatis

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This research focuses on the problem of large scale disproportion of success in the development of the banking sector and mostly unsuccessful development of the real sector of the economy. It should be noted that this disproportion is a subject of consideration in contemporary economic literature and our research is an attempt to broaden the issue and share ideas inside the international scientific circles. The main problem in the research is the impact of the banking sector's credit portfolio and the functioning of credit markets on the economic growth of the country. In this regard, it is very important to identify, study the macroeconomic stabilization and accelerated economic growth of the country and analyse the impact mechanisms of the credit market factors on economic growth. The conclusion that combines many of the research and opinions given in the survey can be as follows: From the economic point of view, the main function of banks is to increase the financing/lending of funds as the core point to increase investments in the economy. Thus, the development of the country in economic terms depends on the increase of investments. At present, it is in the hands of the banking sector whether to lead us to economic immobility or to accelerate the country's economic development through efficient allocation of resources.

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“…Others are deepening the understanding of risky attitudes and behaviors such as combining alcohol and energy drinks (Cornil, Chandon, & Krishna, 2017). It means is not only understanding attitudes is important, but also how these are transferred from one generation to the other (Britt, 2016). How to influence attitudes is crucial, and sometimes unexpected factors can be used in their modification, such as using music tempo to modify attitudes using advertising (Stewart & Koh, 2017).…”

Section: Interpretive Consumer Behavior Researchmentioning

confidence: 99%

Consumer Behavior Research: Theoretical and Methodological Paradigms Trending

Angulo¹,

Agustiniana²,

Roldán³

2020

Temas Y Métodos De Investigación en Negocios, Administración, Mercadeo Y Contaduría

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The purpose of this chapter is to become a guide for future research agenda that allows researchers in marketing and other disciplines to find a way to drive research studies in consumer behavior. The text provides an interpretative analysis of the latest editorials, reviews and research articles published in top-tier consumer research journals. Journals such as the International Journal of Consumer Studies, Journal of Consumer Affairs, Journal of Consumer Behavior, Journal of Consumer Culture, Journal of Consumer Psychology, Journal of Consumer Research, and Psychology & Marketing among others were selected to offer a broad view of the challenges and research opportunities in this growing research area. Analyzed papers have been grouped by common topics into five theoretical streams (homoeconomicus, psychodynamic, behavioral, cognitive, and humanistic) and two methodological perspectives (positivist, interpretive). Results suggest strong affinity in recent papers to cognitive-humanistic-interpretive research focus, with online consumer behavior, transformative and culture consumer behavior and green consumption as main and commonly treated topics. Conclusions and future perspectives on consumer behavior research are, also presented.

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The Intergenerational Transference of Money Attitudes and Behaviors

Cited by 38 publications

References 38 publications

Marriage and Materialism: Actor and Partner Effects Between Materialism, Importance of Marriage, and Marital Satisfaction

Marriage and Materialism: Actor and Partner Effects Between Materialism, Importance of Marriage, and Marital Satisfaction

World Experience: Commercial Bank Credit and Economic Growth Relationship

Consumer Behavior Research: Theoretical and Methodological Paradigms Trending

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