Book ChapterDOI
Applying Behavior Theories to Financial Behavior
Jing Jian Xiao
- pp 69-81
TLDR
In this article, the authors discuss how two behavior theories can be applied to financial behavior research and discuss issues relevant to future research to better understand and predict financial behavior and to assist consumers to develop positive financial behaviors that improve their quality of life.Abstract:
This chapter discusses how two behavior theories can be applied to financial behavior research. The theory of planned behavior (TPB) is a motivational theory designed to predict and understand human behavior. The transtheoretical model of behavior change (TTM) is a multi-stage theory designed to guide people toward positive actions stage by stage. This chapter first discusses how to define financial behavior and then reviews the two theories and their applications to financial behavior. Finally, it discusses issues relevant to future research to better understand and predict financial behavior and to assist consumers to develop positive financial behaviors that improve their quality of life.read more
Citations
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Journal ArticleDOI
Acting for Happiness: Financial Behavior and Life Satisfaction of College Students
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.
Journal ArticleDOI
Consumer Financial Capability and Financial Satisfaction
TL;DR: In this article, the authors examined associations between consumer financial capability and financial satisfaction and found that desirable financial behavior increases while risky financial behavior decreases financial satisfaction, while subjective financial literacy was also found to contribute positively to financial satisfaction.
Journal ArticleDOI
Financial Behaviors and Financial Well-Being of College Students: Evidence from a National Survey
Michael S. Gutter,Zeynep Copur +1 more
TL;DR: This article explored the relationship between financial behaviors and financial well-being of college students when controlling demographic and financial characteristics, financial education, and financial dispositions, and found that budgeting, saving, risky credit card behaviors, and compulsive buying were significantly related to financial wellbeing when controlling for demographic information, financial characteristics and financial education.
Journal ArticleDOI
The significance of financial self-efficacy in explaining women’s personal finance behaviour
TL;DR: In this paper, the authors examined the significance of an individual's financial self-efficacy in explaining their personal finance behavior, through the application of a psychometric instrument, using a 2013 survey of Australian women.
BookDOI
Handbook of Consumer Finance Research
TL;DR: In this paper, the authors provide an overview of consumer finance research from multidisciplinary perspectives, focusing on consumer finance from a multidisciplinarity perspective, and provide a review of the state of the art in consumer finance.
References
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Journal ArticleDOI
The theory of planned behavior
TL;DR: Ajzen, 1985, 1987, this article reviewed the theory of planned behavior and some unresolved issues and concluded that the theory is well supported by empirical evidence and that intention to perform behaviors of different kinds can be predicted with high accuracy from attitudes toward the behavior, subjective norms, and perceived behavioral control; and these intentions, together with perceptions of behavioral control, account for considerable variance in actual behavior.
Book
Belief, Attitude, Intention and Behavior: An Introduction to Theory and Research
Martin Fishbein,Icek Ajzen +1 more
Book
Understanding Attitudes and Predicting Social Behavior
Icek Ajzen,Martin Fishbein +1 more
TL;DR: In this paper, the author explains "theory and reasoned action" model and then applies the model to various cases in attitude courses, such as self-defense and self-care.
Journal ArticleDOI
Efficacy of the Theory of Planned Behaviour: a meta-analytic review.
TL;DR: A quantitative integration and review of research on the Theory of Planned Behaviour and the subjective norm, which found that intentions and self-predictions were better predictors of behaviour than attitude, subjective norm and PBC.