Individual differences in money management (ePub)
(Sprache: Englisch)
"Money, money, money - must be funny - in the rich man's world.
All the things I could do - if I had a little money."
This famous lyric points out that being in the possession of money opens up a wide range of possibilities due to the fact that money...
All the things I could do - if I had a little money."
This famous lyric points out that being in the possession of money opens up a wide range of possibilities due to the fact that money...
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"Money, money, money - must be funny - in the rich man's world.
All the things I could do - if I had a little money."
This famous lyric points out that being in the possession of money opens up a wide range of possibilities due to the fact that money can be used as a means of payment for any products or services as well as a store of purchasing power. However, money has a different meaning for every person which is why people's spending and saving behavior is highly diverse (Mitchell & Mickel, 1999). In the field of economic psychology it is of high interest to ana-lyze the roots and determinants of these individual differences in money management. The reason for this concern is the overall importance of economic activities for personal life satis-faction as well as its far reaching impact on markets and institutions (Antonides, 1996). How people view money and thus how they use it can be seen as a function of many variables of which attitudes, gender and age are some of the most relevant ones. Consequently this paper aims at shedding light on the following question: to what extent does money meaning and money management differ among people of unequal sex, age and attitude?
All the things I could do - if I had a little money."
This famous lyric points out that being in the possession of money opens up a wide range of possibilities due to the fact that money can be used as a means of payment for any products or services as well as a store of purchasing power. However, money has a different meaning for every person which is why people's spending and saving behavior is highly diverse (Mitchell & Mickel, 1999). In the field of economic psychology it is of high interest to ana-lyze the roots and determinants of these individual differences in money management. The reason for this concern is the overall importance of economic activities for personal life satis-faction as well as its far reaching impact on markets and institutions (Antonides, 1996). How people view money and thus how they use it can be seen as a function of many variables of which attitudes, gender and age are some of the most relevant ones. Consequently this paper aims at shedding light on the following question: to what extent does money meaning and money management differ among people of unequal sex, age and attitude?
Bibliographische Angaben
- Autor: Barbara Bilyk
- 2011, 1. Auflage, 18 Seiten, Englisch
- Verlag: GRIN Verlag
- ISBN-10: 3640796888
- ISBN-13: 9783640796885
- Erscheinungsdatum: 11.01.2011
Abhängig von Bildschirmgrösse und eingestellter Schriftgrösse kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Dateiformat: ePub
- Grösse: 0.15 MB
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Sprache:
Englisch
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