Browse > Article

A Path Analysis of Attitudes toward Credit Cards, Financial Management Practices, and Sound Credit Card Use among College Students  

Kim Young-Seen (Dept. of Consumers' Life Information, Chungnam National Univ.)
Publication Information
Journal of Families and Better Life / v.23, no.5, 2005 , pp. 15-26 More about this Journal
Abstract
The purpose of this study was to investigate the factors affecting credit card attitudes, financial management practices, and sound credit card use among college students, and to conceptualize a theoretical model. Earlier studies identified a number of antecedent variables (such as gender, year in college, job experience, amount of allowance, family income, living with parents, having taken a personal financial management course) and intervening variables (such as attitudes towards credit cards and financial management practices) as useful predictors of sound credit card practices. Four hundred and thirty four undergraduate students in Daejeon participated in this study. Stepwise multiple regression and path analysis were conducted. The results of this study were as follows: 1. Students' attitudes towards credit cards were affected by their you in college, whether they were living with their parents, and the amount of their allowance. Similarly, students' financial management practices were affected by their year in college, whether they were living with their parents, the amount of their allowance, and whether and not they had taken a personal financial management course. 2. Sound credit card practices were influenced by students' gender, their year in college, the amount of their allowance, attitudes towards credit cards, and financial management practices. 3. The path-analysis model demonstrates the relationships among the antecedent variables, intervening variables (credit card attitude, financial management practices), and sound credit card use.
Keywords
attitudes towards credit cards; financial management practices; sound credit card use;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 김정인 . 송훈 . 나상록(2002). 20대의 소비 . 금융 행태 -현명한가. 국민은행연구소
2 김경자(2003). 대학생들의 화폐태도와 개인재무관리 실태, 소비문화연구, 6(3), 33-50
3 로버트 D 매닝 저, 강남규 역(2002). 신용카드 제국. 참솔
4 박근주(1990). 소비자의 신용카드 사용행동에 관한 연구. 서울대학교 석사학위논문
5 서경의(1997). 대학생소비자의 신용카드 사용행동에 관한 연구. 서울대학교 석사학위논문
6 서현주(2002). 신용카드 사용에 관한 소비자교육 프로그램 개발 및 평가. 상명대학교 박사학위논문
7 한국소비자보호원(2003). 신용카드 이용현황 및 의식실태조사보고서
8 황덕순 . 홍은실(2002). 여대생소비자의 목표중심적 가치가 재정 관리행동과 재정만족도에 미치는 영향. 대한가정학회지, 40(2), 175-186
9 Chien, Y. W. & De vaney, S. A. (2001). The effects of credit attitude and socioeconomic factors on credit card and installment debt, The Journal of Consumer Affairs, 35, 162-179   DOI   ScienceOn
10 Hayhoe, C. R., Leach, L. J. & Turner, P. R.(1999). Discriminating the number of credit cards held by college students using credit and money attitudes. Journal of Economic Psychology, 20, 643-656   DOI   ScienceOn
11 Joo, S. H., Grable, J. E. & Bagwell, D. C.(2001). College students and credit cards. Financial Counseling and Planning
12 Lea, S. E. G., Webley, P. & Levine, R. M.(1993). The economic psychology of consumer debt. Journal of Economic Psychology, 14, 85-119   DOI   ScienceOn
13 Warwick, J. & Mansfield, P.(2000). Credit card consumers: College students' knowledge and attitude. Journal of Consumer Marketing, 17(7), 617-626   DOI   ScienceOn
14 Bloom, D. E. & Steen, T. P.(1987). Living on credit, American Demographics, Oct., 22-29
15 서울 YMCA(2001). 대학생 신용카드 발급 및 사용 실태. 조사보고서
16 Roberts, J. A. & Jones, E.(2001), Money attitudes, credit card use, and compulsive buying among American college students. The Journal of Consumer Affairs, 35(2), 213-240   DOI
17 이윤금 . 김주연 . 조향숙(1998). 복수신용카드 소지자들의 신용카드 사용행태와 부채부담에 관한 연구. 대한가정학회지, 36(11)
18 한국은행(2004). 2004년 1/4분기 중 지급결제동향
19 Baek, E.(2001). Financial concerns and problems of college student. Proceedings of the Association for Financial Counseling and Planning Education, 2001, 16-25
20 서울 YMCA(2002). 신용카드 이용실태에 대한 소비자의식 조사
21 Durkin, T. A.(2000). Credit cards: use and consumer attitudes. Federal Reserve Bulletin, 86(September), 623-633
22 심영(2004). 대학생 소비자의 소비지출태도, 관리 및 행동에 관한 연구. 소비문화연구, 7(3), 17-40
23 Churaman, C. V.(1988). College student use of consumer credit, Proceedings of the 34th Annual Conference of the American Council on Consumer Interests, 107-113
24 김정훈(2002). 여대생과 주부의 돈과 신용에 대한 태도 비교. 대한가정학회지, 40(3)
25 Hayhoe, C. R., Leach, L. J. & Turner, P. R., Bruin, M. J. & Lawrence, F. C.(2000). Difference in spending habits and credit use of college students. The Journal of Consumer Affairs, 34, 113-133   DOI   ScienceOn
26 Ford, J.(1990). Credit and default amongst young adults: An agenda of issues. Journal of Consumer Policy, 13, 133-154   DOI
27 Livingstone, S. & Lunt, P. K.(1992). Predicting personal debt and debt repayment: psychological, social and economic determinants. Journal of Economic Psychology, 13, 111-134   DOI   ScienceOn
28 김경자(2002). 대학생의 재무의식과 개인재무관리 행태 연구, 한국가정관리학회 추계학술대회 자료집
29 김정훈(1993). 남녀대학생들의 금전관리관련 행태와 인식. 소비생활연구, 11, 43-54
30 Williams, F. L.(1991). Financial management practices by socioeconomic characteristics and their relationship to productivity, satisfaction with time management and quality of life. Proceeding of the Association for Financial Counseling and Planning Education, 100-125
31 Lea, S. E. G., Webley, P. & Levine, R. M. & Walker, C. M.(1995). Psychological factors in consumer debt: Money management, economic socialization and credit use. Journal of Economic Psychology, 16, 681-701   DOI   ScienceOn
32 이기춘 . 박근주(1997). 소비자신용 연체행동에 관한 연구. 한국가정관리학회지, 15(3), 139-152
33 Xiao, J. J., Noring, F. E. & Anderson, J. G.(1995). College students' attitudes towards credit card. Journal cf Consumer Studies and Home Economics, 19, 155-174   DOI
34 Lytton, R. & John, E. G.(1997). A gender comparison of financial attitudes. Proceedings of the Eastern Family Economics and Resource Management Association, 1-14
35 김영신(2004). 대학생소비자의 부채에 대한 태도와 현금서비스 이용행동. 소비문화연구, 7(4), 23-41
36 Lunt, P. K. & Livingstone, S. M.(1991). Everyday explanations for personal debt: A network approach. British Journal of Social Psychology, 30, 309-323   DOI
37 Markovich, C. A. & De vaney, S. A.(1997). College seniors' personal finance knowledge and practices. Journal of Family and Consumer Sciences, 89, 61-65
38 Walker, C. M.(1996). Financial management, coping and debt in households under financial strain. Journal cf Economic Psychology, 17, 789-807   DOI   ScienceOn
39 Davies & Lea(1995). Student attitudes to student Debt. Journal of Economic Psychology, 16, 663-679   DOI   ScienceOn
40 Kidwell, B. & Turrisi, R.(2004). An examination of college student money management tendencies. Journal of Economic Psychology, 25(5), 601-616   DOI   ScienceOn
41 Roberts, J. A.(1998). Compulsive buying among college students: An investigation of its antecedents, consequences, and implication for public policy. The Journal of Consumer Affairs, 32(2), 295-319   DOI
42 Makela, Carole J., Tapin, P. & Geraldine, I. O.(1993). Consumer's credit cards and international students. Journal of Consumer Studies and Home Economics, 17, 73-186
43 Doss, V. S., Marlowe, J. & Godwin, D. D.(1995). Middle-school children's sources and uses of money. The Journal of Consumer Affairs, 29(1), 219-241   DOI   ScienceOn
44 Kaynak, E., Yucelt, U. & MacGregor, R. M.(1986). Attitudinal and behavioral characteristics of American and Canadian credit card holders. Journal of Professional Services Marketing, 1(3), 101-119   DOI