An examination of college student
money management tendencies
Abstract
Determinants of college student money management decision-making were examined. A
multi-variate model is hypothesized and tested that implicates attitude, affect, past behavior,
and perceived control as predictors of intention to maintain a financial budget. Perceived control
was also found to moderate budgeting intention, eliciting a shift from negative affect to
subjective norm at high to low levels of perceived control. Further examination of an attitudinal
model revealed positive expectancies toward budgeting utility and negative expectancies
toward financial debt. Findings are discussed relative to debt prevention.
2003 Elsevier B.V. All rights reserved.