Financial Socialization of First-year College Students: The Roles of Parents, Work, and Education - 1 views
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Matthew B on 19 Nov 10Shim, Soyeon, et al. "Financial Socialization of First-year College Students: The Roles of Parents, Work, and Education." Journal of Youth & Adolescence 39.12 (2010): 1457-1470. Academic Search Complete. EBSCO. Web. 18 Nov. 2010. This article is based on first year college students regarding financial literacy. This study tested over two thousand students on their financial behaviors, financial tendencies, and financial knowledge. The study showed that students who had grown up with parents with good financial tendencies, also showed these strong tendencies. The study also said that when the students tested had developed good techniques at a young age, they were more then likely to have good techniques as adults. Lastly, the study confirmed that it takes a combination of financial literacy, financial behavior, and financial knowledge together in order to achieve a set of strong techniques.