Children's ability to save emerges during the preschool years, but little is known about the different forms saving takes (and whether these relate) and the mechanisms driving its development. Because research with adults suggests that different aspects of future orientation increase adults' propensity to save, we explored whether, in a sample of…

While the majority of college students use credit cards for educational expenses like textbooks, recent data reports that college students also use credit cards to directly fund their schooling by charging for at least some part of their tuition (Sallie Mae, 2009). Because credit cards carry a higher interest rate than student loans, and because…

The purpose of this study is to ascertain whether a student's sense of financial security can increase the degree of predictability of retention over and above the more traditional predictors typically found in the literature, and to get a better sense for how student financial security impacts student persistence decision-making in college. To…

This study examined potential impacts of financial resources and values on emerging adults' choice in committed relationships (N = 424, 26-35 years). Guided by Deacon and Firebaugh's (1988) Family Resource Management theory, financial self-sufficiency and forming a committed relationship were conceptualized as two salient goals of emerging…

Failure to delay gratification may not indicate poor control or irrationality, but might be an adaptive response. Two studies investigated 3.5- and 4.5-year-old children's ability to adapt their delay and saving behavior when their preference (e.g., to delay or not delay) became nonadaptive. In Study 1 (N = 140), children's delay preference was…

The authors investigate the relationship between undergraduate economics coursework or majoring in economics and the debt behavior of the college graduates. The data come from the Baccalaureate and Beyond (B&B) longitudinal survey of the National Center for Education Statistics. College graduates who took courses in undergraduate economics or…

The Federal Vocational Baccalaureate (FVB) constitutes the major link between the academic and vocational track in Swiss educational system by combining a vocational apprenticeship with general education. Regarding the effects of economic competencies on these transitions, there is a substantial lack within the current state of research. The…

In this dissertation, I aim to clarify the factors affecting a consumers' choice between the Internet and a financial planner for making saving and investment decisions, based on household production theory. Moreover, I explore the likelihood of an individual being an Internet user (vs. a non-user), a financial planner user (vs. a non-user),…

Increased longevity coupled with inadequate savings makes retirement savings and investment research increasingly important. A policy-capturing method was used to examine the relative importance of 6 demographic predictors on the retirement investment decisions of 64 working adults. All predictors were significant predictors of the investment. In…