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Parents’ Perceived Financial Behaviors Impact On College Students’ Financial Behaviors, Naomi Saxon
Parents’ Perceived Financial Behaviors Impact On College Students’ Financial Behaviors, Naomi Saxon
Masters Theses
The purpose of this study was to explore the relationship between traditional-aged college students and their parents perceived financial behaviors. It utilized Dew and Xiao’s Financial Management Behavior Scale (FMBS) (2011). Past research indicated that there is a positive impact between a parent’s involvement in students’ academic endeavors, however little research explored the relationship between their impact on a young adults’ financial behaviors. Students’ were asked a series of questions from the FMBS rating their actual financial behaviors. These results were compared to their perception of their parent’s financial behaviors in the following categories: money management, credit management, savings management, …