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Association between Financial Education, Affective and Cognitive Financial Knowledge, and Financial Behavior

Bibliographic Data

ID6061996
AuthorsLucy M Delgadillo (0000-0002-5148-045X, Utah State University, corresponding author), Yoon G Lee (0000-0003-1654-0004, Utah State University)
Year2021
Volume50
Issue1
Pages59-75
Publication date2021-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueFamily and Consumer Sciences Research Journal (JOURNAL)
Journal identifiersISSN: 1077-727X • E-ISSN: 1552-3934
PublisherWiley (PUBLISHER • GB)
DOI10.1111/fcsr.12414
OpenAlexW3196091994
LanguageEN
Citations received4
References cited23

Using data from the 2018 National Financial Capability Study, this articled examined the relationship between financial education participation and affective and cognitive financial knowledge. Involvement in financial education yielded statistically significant associations between affective and cognitive domains. The results showed that participation in financial education was associated with both cognitive and affective financial knowledge as well as long‐term financial behavior. The results supported the case for lifelong learning of financial education for young adults, minorities, and women. An important implication was the need to include both the affective and cognitive domains when teaching or researching financial education

Business · Cognition · Psychiatry · Financial Literacy, Pension, Retirement Analysis · Financial Markets and Investment Strategies · Housing Market and Economics · Psychology · Finance

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Unique citing works4
Citations per year1,33
Citation span2023 - 2026 (4)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 4

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Open DOIOpen Access
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