Journal article
Validating the Executive Personal Finance Scale with Financial Investments and Expectations in University Students
Psychological reports, v 118(3), pp 804-809
Jun 2016
PMID: 27273558
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
The validity of the Executive Personal Finance Scale (EPFS) was tested in a sample of 93 undergraduate students (31 men, 62 women; M age = 20.5 years, SD = 1.3, range = 18-24). Scores on the Motivation drive, Organization, and Planning subscales of this scale were associated with having a savings account, owning bank CDs, and self-estimated knowledge about financial matters, while scores on the Impulse control and Motivational drive subscales were associated with expectations for a satisfactory retirement income. The results provide support for the validity of the EPFS.
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Details
- Title
- Validating the Executive Personal Finance Scale with Financial Investments and Expectations in University Students
- Creators
- Bijou Yang - Drexel UniversityDavid Lester - Stockton University
- Publication Details
- Psychological reports, v 118(3), pp 804-809
- Publisher
- Sage
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000378190000010
- Scopus ID
- 2-s2.0-84977119721
- Other Identifier
- 991019340587904721
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- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Psychology, Multidisciplinary