Jing Jian Xiao

TL;DR: This cross-sectional study tests a conceptual financial socialization process model, specifying four-levels that connect anticipatory socialization during adolescence to young adults’ current financial learning, to their financial attitudes, and to theirfinancial behavior.

TL;DR: In this article, the authors describe and test a conceptual model of the potential antecedents and consequences of financial well-being in young adults, and suggest that self-actualizing personal values, financial education at home, and formal financial education in school may play important anticipatory socialization roles in the ways that young adults acquire knowledge about financial matters and form attitudes and behavioral intentions based on that knowledge.

TL;DR: The authors found evidence suggesting that positive financial behaviors contribute to financial satisfaction and financial satisfaction in turn contributes to life satisfaction in addition to academic performance and academic satisfaction through two mediating variables: academic performance, academic satisfaction, and academic performance.

TL;DR: Wang et al. as mentioned in this paper examined impacts of digital inclusive finance on household consumption and explored its mechanisms, finding that digital finance mainly promoted the recurring household expenditures rather than the non-recurring expenditures.

TL;DR: In this paper, the dimensions and profiles of consumer decision-making styles of young-adult Chinese are investigated using a modified model of consumer decisions and data collected from five Chinese universities and compared with those of similar studies using American and Korean data.