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2015 Conference

del 15 al 16 de October del 2015

Orlando, FL

Welcome to the AFS Conference 2015 Schedule App. Please use the search features to see when your session or poster has been scheduled to take place. 

Personal Finance Education and Subsequent Financial Decision-making

jueves, el 15 de octubre de 2015 a las 16:00–17:30 EDT
3-Senate
Keywords: 5 words maximum

personal finance, education, college, literacy

Very short description for use in the program to help attendees understand more than a title can describe

Using the 2012 National Financial Capability Study (NFCS), we explore the impact of receiving financial education in college on financial decision-making and financial satisfaction. Controlling for demographic and socioeconomic factors, our logistic regression results show that those who received financial education in college were more likely to have an emergency fund, purchase life insurance, establish a college savings account, and participate in the financial markets. Individuals who received financial education in college experience a higher level of personal financial satisfaction and were more likely to support financial education being taught in schools.

Lead & Corresponding Author

Janine K. Scott, PhD, Massey University
Job Title

Director, Financial Planning & Senior Lecturer

Additional Authors

Philip Gibson, PhD, Winthrop University
Job Title

Assistant Professor

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