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.)
Descriptors: Money Management, Focus Groups, Adolescents, Measures (Individuals), Curriculum Development, High School Students, Item Analysis, Reliability, Socialization
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