A Generalizable Scale of Propensity to Plan: The Long and the Short of Planning for Time and for Money

By John G. Lynch, Richard G. Netemeyer, Stephen A. Spiller, Alessandra Zammit. 2010

244 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Marketing

View Paper: https://www.semanticscholar.org/paper/6d50a5e065c92116035ea3cd895c283b2867a04f

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Citations in the corpus

Consumer spending self-control effectiveness and outcome elaboration prompts (2012, background): “Recent research highlights the importance of domain specificity in better understanding the effects of individual traits (e.g., risk-taking tendencies, see Hanoch, Johnson, and Wilke 2006; propensity to plan, see Lynch et al. 2010).”
Propensity to plan, financial capability, and financial satisfaction (2018, background): “Previous research shows that propensity to plan is positively associated with objective measures of financial well-being such as wealth accumulation, retirement savings, and credit scores (Ameriks et al., 2003; Khwaja et al., 2007; Lee & Kim, 2016; Lusardi & Mitchell, 2007; Lynch et al., 2010).”
How Am I Doing? Perceived Financial Well-Being, Its Potential Antecedents, and Its Relation to Overall Well-Being (2018, unknown): “They also answered the perceived financial self-efficacy measure developed and detailed in web appendix A, the planning for money long- term scale (Lynch et al. 2010), and a fiveitem willingness to take investment risk measure.”
Financial Literacy, Financial Education, and Downstream Financial Behaviors (2014, methodology): “We have worked in the measurement of individual differences in the arena of intertemporal choice, critical to financial decision making (Bearden et al. 2011, Lynch et al. 2010).”
Psychological characteristics and household savings behavior: The importance of accounting for latent heterogeneity (2018, methodology): “The survey also measured self-assessed financial literacy, using five items inspired by Lynch et al. (2010) and similar to Dholakia et al. (2016).”
Too Much of a Good Thing: The Benefits of Implementation Intentions Depend on the Number of Goals (2012, background): “Perceived Difficulty, Commitment, and Goal Success Thinking concretely about how, when, and where to pursue a goal can alert people to the difficulties that stand in the way of goal achievement (Lynch et al. 2010; Trope and Liberman 2003; Zauberman and Lynch 2005).”
To Know and to Care: How Awareness and Valuation of the Future Jointly Shape Consumer Spending (2014, methodology): “, explicit consideration of future spending) likewise predict accumulated wealth, coupon use, and credit score (Lynch et al. 2010).”
On a Need-to-Know Basis: How the Distribution of Responsibility Between Couples Shapes Financial Literacy and Financial Outcomes (2019, methodology): “Lynch et al. (2009) found that self-assessments of credit scores using this method correlated r¼ .825 with actual FICO credit scores.”
Weakness of the will: Is a quick fix possible? (2014, background): “2007) and those with a strong propensity to manage their time and money effectively (Lynch et al. 2009).”
Squeezed: Coping with Constraint through Efficiency and Prioritization (2015, background): “For example, Lynch et al. (2010) developed a scale measuring individual differences in “propensity to plan” in a given domain such as time or money, but the scale does not differentiate between different strategies for alleviating constraint.”