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INFLUENCE OF PARENTS IN SHAPING OF FINANCIAL BEHAVIOR OF THEIR CHILDREN

Journal: International Education and Research Journal (Vol.3, No. 2)

Publication Date:

Authors : ;

Page : 70-71

Keywords : Parents Influence; Observational Learning; Financial Interaction; Financial Behavior;

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Abstract

This article tests parental influence on shaping the financial behavior of their children. A sample consisting of 391youth participated in the study. Findings indicated a positive and strong correlation between observations of parent behavior and acquisitionsof participant financial behavior.Statistics also showed a positive and strong correlation between financial interaction with parents and acquisition of participant financial behavior.

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Last modified: 2022-04-21 17:51:24