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ERIC Number: EJ1070852
Record Type: Journal
Publication Date: 2008
Pages: 10
Abstractor: As Provided
ISSN: ISSN-1052-3073
Financial Information: Is It Related to Savings and Investing Knowledge and Financial Behavior of Teenagers?
Koonce, Joan C.; Mimura, Yoko; Mauldin, Teresa A.; Rupured, A. Michael; Jordan, Jenny
Journal of Financial Counseling and Planning, v19 n2 p19-28 2008
General linear model procedures were used to investigate the association between financial behavior and sources of financial information, the association between savings and investing knowledge and financial information sources, and the association between financial behavior and savings and investing knowledge. The study participants were 253 teenagers aged 14 to 19 who attended a state-wide 4-H event in Georgia in December 2006. Setting financial goals and saving some or all of their earnings were associated with obtaining more financial information from parents. Having spending plans was associated with using the media/Internet as information sources. White teens reported obtaining less information from the media/Internet and educators than did non-Whites.
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:
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: US Department of Agriculture
Authoring Institution: N/A
Identifiers - Location: Georgia
Grant or Contract Numbers: N/A