Title: I Know I Should, but Do I Do It? Introducing the Financial Cognition Scale
Friday, November 17th, 2017
The purpose of this study was to establish a new scale to measure financial cognitions and to conduct preliminary analyses about how financial cognitions and financial behavior are related. Preliminary analyses collected from employees who work for employers with 10 or more employees suggest that the financial cognition scale developed in this study shows high reliability and strong validity. In addition, higher financial cognitions and higher financial knowledge are positively and significantly associated with more positive financial behaviors. Implications for practitioners and researchers are presented.
Session Slides: 120268-2-47068.pdf