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ERIC Number: EJ996784
Record Type: Journal
Publication Date: 2012
Pages: 14
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1052-3073
EISSN: N/A
Available Date: N/A
New Adolescent Money Attitude Scales: Entitlement and Conscientiousness
Beutler, Ivan F.; Gudmunson, Clinton G.
Journal of Financial Counseling and Planning, v23 n2 p18-31 2012
The development of two new money-attitude scales measuring entitlement and conscientiousness in adolescents are described. The scales were developed through student and focus group input and from a review of literature on entitlement and conscientiousness as a new adolescent financial education curriculum was being developed. The findings from 265 high school students resulted in a 6-item measure of entitlement, [alpha] = 0.76, and a 4-item measure of conscientiousness, [alpha] = 0.82. There was strong evidence for consistency of items for each scale loading well on single factors and maintaining reliability across a variety of demographic subgroups. The scales are distinct from, and yet complement existing money-attitude scales, such as conspicuous consumption, power-prestige, and financial prudence, and thus offer new tools for research on adolescent economic socialization. (Contains 4 tables, 1 figure and 2 endnotes.)
Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: http://afcpe.org
Publication Type: Journal Articles; Reports - Research
Education Level: High Schools
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A