Financial Literacy of Young Adults: The Importance of Parental Socialization.

By Bryce L. Jorgensen, J. Savla. 2010

507 citations recorded by the source corpus.

Subfields: Accounting, Cultural Studies, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/2ccebf35677f5ba3333d7dfe0026aacb994f7605

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Cultural Studies

In Economics and Econometrics

Citations in the corpus

The Financial Behavior of Emerging Adults: A Family Financial Socialization Approach (2017, background): “In a more recent administration of the JumpStart survey to college students, knowledge of personal finance remained inadequate with an average score of 57.6% (Jorgensen & Savla, 2010).”
Handbook of Consumer Finance Research (2008, methodology): “…understanding of increasing fi nancial 24 Financial Parenting: Promoting Financial Self-Reliance of Young Consumers 296 responsibilities when they engage in routine fi nancial transactions (e.g., pay for the bus/ subway to work/school; buy lunch; pay cell phone bill) (Jorgensen & Savla, 2010 ).”
Purposive and Unintentional Family Financial Socialization, Subjective Financial Knowledge, and Financial Behavior of High School Students (2019, background): “In contrast, Jorgensen and Savla (2010) found that an increase in financial knowledge improved financial attitudes and behaviors of college students.”
Socialization processes and pathways to healthy financial development for emerging young adults (2015, background): “In fact, numerous studies support our assumption and further assert that parents shape their children's financial attitudes and behaviors through both explicit teaching (Gutter, Garrison, & Copur, 2010; Jorgensen & Savla, 2010) and implicit modeling (Gutter et al., 2010; Norvilitis & MacLean, 2009).”
Childhood Financial Socialization and Young Adults' Financial Management (2013, background): “A recent study of college students found that parental influences had significant effects on the financial attitudes and behaviors of young adults (Jorgensen & Salva, 2010).”
A developmental model of financial capability (2013, background): “It may be that young adults gain a deeper understanding of the financial responsibilities they must manage as they engage, on a daily basis, in routine financial transactions (e.g., buying groceries, paying bills) (Jorgensen & Savla, 2010).”