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Journal of Financial Therapy

2016

Financial dependence

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Full-Text Articles in Social and Behavioral Sciences

Internal Consistency And Convergent Validity Of The Klontz Money Behavior Inventory (Kmbi), Colby D. Taylor, Bradley Klontz, Sonya L. Britt Mar 2016

Internal Consistency And Convergent Validity Of The Klontz Money Behavior Inventory (Kmbi), Colby D. Taylor, Bradley Klontz, Sonya L. Britt

Journal of Financial Therapy

The Klontz Money Behavior Inventory (KMBI) is a standalone, multi-scale measure than can screen for the presence of eight distinct money disorders. Given the well-established relationship between mental health and financial behaviors, results from the KMBI can be used to inform both mental health care professionals and financial planners. The present study examined the internal consistency and convergent validity of the KMBI, through comparison with similar measures, among a sample of college students (n = 232). Results indicate that the KMBI demonstrates acceptable internal consistency reliability and some convergence for most subscales when compared to other analogous measures. These …