The purpose of the seminar is to encourage the students to acquire learned financial behavior
as early as possible in their career pursuit to equip them with the requisite financial understanding for making responsible and well considered investment decisions in the future.
The results indicate that external locus of control has the highest total effect on youth financial behavior
followed by parental influence and motivation.
This is logical and can be attributed to varying socio-economic factors that affect financial behavior
positively or negatively.
Frank Votaw, Chief Operating Officer at Voth Nixon Group said: "The ethic of financial behavior
represents the key foundation of building the role of employers as choice designers for their employees.
The Spend Monitor makes it easy for consumers to track their finances and identify changes in financial behavior
through three key factors: spending alerts pinpoint increased or unusual activity in a given category; suspicious activity such as double charges and potential fraud are highlighted to help users spot issues early; and a color-coded view helps users see where and how they could have earned more rewards.
The survey showed that while only one in seven (15 percent) of all survey respondents are still coping with the effects of the Great Recession, seven out of 10 changed their financial behavior
as a result.
This financial behavior
is called 'mattress money' because psychologically, it is accessible just like having money under a real mattress," says Geller.
SaveUp makes positive financial behavior
fun, rewarding, and engaging, a recipe that could have a major impact on credit unions and the communities they serve," Davis said.
For a generation or so after World War II, financial behavior
was sensible and moderate.
Hurst's main area of research is household financial behavior
He said that the recommendations stressed that international transparency criteria should be applied when it comes to the government's financial behavior
The quarterly survey is designed to track the American consumer's financial behavior
and mindset, and is based on the online responses of roughly 3,000 consumers.