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New Adolescent Money Attitude Scales: Entitlement and Conscientiousness.
- Source :
-
Journal of Financial Counseling & Planning . 2012, Vol. 23 Issue 2, p18-31. 14p. 4 Charts, 1 Graph. - Publication Year :
- 2012
-
Abstract
- The development of two new money-attitude scales measuring entitlement and conscientiousness in adolescents are described. The scales were developed through student and focus group input and from a review of literature on entitlement and conscientiousness as a new adolescent financial education curriculum was being developed. The findings from 265 high school students resulted in a 6-item measure of entitlement, α = .76, and a 4-item measure of conscientiousness, α = .82. There was strong evidence for consistency of items for each scale loading well on single factors and maintaining reliability across a variety of demographic subgroups. The scales are distinct from, and yet complement existing money-attitude scales, such as conspicuous consumption, power-prestige, and financial prudence, and thus offer new tools for research on adolescent economic socialization. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 10523073
- Volume :
- 23
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Journal of Financial Counseling & Planning
- Publication Type :
- Academic Journal
- Accession number :
- 87492098