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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Bryant University

2019

College student risky financial behaviors ; college student debt ; Theory of Motivated Information Management personal finances ;

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Full-Text Articles in Social and Behavioral Sciences

Information Avoidance In Risky Financial Behavior, Shannon Foglia Apr 2019

Information Avoidance In Risky Financial Behavior, Shannon Foglia

Master of Arts in Communication

Maxing out credit cards, spending savings accounts, and only paying off the credit card minimum each month are all examples of risky financial behaviors that tend to get college students into debt. These risky choices can stay with a student long after college, making them unable to buy a home or achieve financial independence. As one of the last taboos, personal finances are rarely a topic of conversation among students and their social networks. This investigation uses the Theory of Motivated Information Management to understand what makes college students avoid information and communication regarding personal financial behaviors. Results showed that …