Improving Financial Awareness among College Students: Assessment of a Financial Management Project

The effect of a financial management intervention on college students' financial behavior was examined. The intervention strategy, a form of expenditure tracking, focused on consciousness-raising and was implemented among 170 undergraduate students. Qualitative analysis of participants' se...

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Veröffentlicht in:College student journal 2010-09, Vol.44 (3), p.659
Hauptverfasser: Palmer, Lance, Bliss, Donna L, Goetz, Joseph W, Moorman, Diann
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container_title College student journal
container_volume 44
creator Palmer, Lance
Bliss, Donna L
Goetz, Joseph W
Moorman, Diann
description The effect of a financial management intervention on college students' financial behavior was examined. The intervention strategy, a form of expenditure tracking, focused on consciousness-raising and was implemented among 170 undergraduate students. Qualitative analysis of participants' self-reflection papers revealed that awareness of spending behaviors increased universally among participants. Increased awareness of spending behavior, combined with other processes of change from the Transtheoretical Model of behavior change, resulted in a significant proportion of students modifying spending behaviors to more closely conform to personal values. Participants consistently reported the importance of spending management tools. (Contains 4 tables.)
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identifier ISSN: 0146-3934
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issn 0146-3934
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source Education Source (EBSCOhost)
subjects Behavior Change
Behavior Modification
Budget
Budgeting
College students
Company financing
Consciousness Raising
Educational aspects
Expenditures
Finance
Financial literacy
Instructional Effectiveness
Intervention
Metacognition
Money Management
Student Attitudes
Study and teaching
Transtheoretical model
Undergraduate Students
Values
title Improving Financial Awareness among College Students: Assessment of a Financial Management Project
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