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2023 Annual Conference

May 16–18, 2023

Palace Station Hotel & Casino, Las Vegas, NV, US

IMPORTANT NOTICE: The date, time, and room assignment of YOUR presentation is SUBJECT TO CHANGE.

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Confirm your place in the schedule by following the instructionss that were emailed to you. Each presentation must have a separate paid registration. Contact the ACCI office immedicately by email at admin@consumerinterests.org to report any conflict, all corrections to the details of the presentation (including author names and the order they are listed as this is how it will be in the final program), or if you have any questions. Please be sure to reference the session title(s), date(s), and time(s) when you contact us.

B1a An Examination of the KMSI-R: Relationship to Financial Literacy, Self-Efficacy, and Cross-Racial Validity

Tuesday, May 16, 2023 at 5:15 PM–6:45 PM PDT
Room 1
Short Description

The Klontz Money Script Inventory-Revised (KMSI-R) assesses money beliefs (e.g., scripts) to improve consumers’ financial well-being. This study surveyed a diverse sample of participants (N=2766) and explored the connection between different money scripts with financial literacy, financial self-efficacy, and cultural/racial competence. The goals were to examine which money scripts are most at risk for lower literacy and self-efficacy to allow practitioners to intervene; assess the KMSI-R’s validity on non-White samples; and suggest measurement improvement. Primary data collection and factor analysis was used for this project.

Type of presentation

Accepted Oral Presentation

Submitter

Jesse Jurgenson, University of Alabama

Authors

Miranda Reiter, Texas Tech University
Jesse Jurgenson, University of Alabama
Megan McCoy, Kansas State University
Kimberly Watkins, University of Georgia
Kenneth White, University of Arizona
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