Financial Information: Is It Related to Savings and Investing Knowledge and Financial Behavior of Teenagers?

Journal of Financial Counseling and Planning

Volumn 19, Issue 2, 2008, Pages 19-28

  Koonce, Joan C ^a   Mimura, Yoko ^a   Mauldin, Teresa A ^a   Rupured, Michael ^a   Jordan, Jenny ^b  

^a UNIVERSITY OF GEORGIA   (United States)

^b UNIVERSITY OF GEORGIA   (United States)

Author keywords

Financial behavior; Investing knowledge; Savings knowledge; Teenagers

Indexed keywords

EID: 77953748111     PISSN: 10523073     EISSN: 19477910     Source Type: Journal    
DOI: None     Document Type: Article

References (24)

1. American Bankruptcy Institute. (2007). Annual business and non-business filings by year (1980-2006). Retrieved on February 11, 2008, from http://www.abiworld.org/AM/AMTemplate.cfm?Section=Home&TEMPLATE=/CM/ContentDisplay.cfm&CONTENT ID=46621
2. Americans for Consumer Education and Competition. (2001). America's money skills report card. Washington, DC: The Tarrance Group & Snell, Perry & Associates.
3. Bernheim, D. B., Garrett, D.M., & Maki, D. M. (2001). Education and saving: The long-term effects of high school financial curriculum mandates. Journal of Public Economics, 80 (3), 435-465.
4. Bowen, C. F. (2002). Financial knowledge of teens and their parents. Financial Counseling and Planning Journal, 13 (2), 93-101.
5. Bureau of Economic Analysis (2008, April). Personal income and outlays: April 2008. Retrieved on June 25, 2008, from http://www.bea.gov/newsreleases/national/ pi/2008/txt/pi0408.txt
6. Capital One and Consumer Action. (2003, October 23). Financial educational survey. Retrieved on February 15, 2008, from http://phx.corporate-ir.net/phoenix.zhtml?c=70667&p=irol-newsArticle2&ID=462192&highlight=parents
7. Clarke, M. C., Heaton, M. B., Israelsen, C. L., & Eggett, D. L. (2005). The acquisition of family financial roles and responsibilities. Family and Consumer Sciences Research Journal, 33 (4), 321-340.
8. Consumer Federation of America. (1991). High school student consumer knowledge: A nationwide test. Washington, DC: Consumer Federation of America.
9. Consumer Federation of America. (1993). College studentconsumer knowledge: A nationwide test. Washington, DC: Consumer Federation of America.
10. Danes, S. M. (1994). Parental perceptions of children's financial socialization. Financial Planning and Counseling, 5, 127-146.
11. Danes, S. M., Huddleston-Casas, C., & Boyce, L. (1999). Financial planning curriculum for teens: Impact evaluation. Financial Counseling and Planning Journal, 10 (1), 25-37.
12. Federal Reserve Board. (2008). Federal Reserve statistics release, consumer credit. Retrieved on February 16, 2008, from http://www.federalreserve.gov/releases/g19/Current/
13. Hilgert, M. A., & Hogarth, J. M. (2003, July). Household financial management: The connection between knowledge and behavior. Federal Reserve Bulletin, 309-322.
14. Johnson, S. N., Mensah, L., & Steuerle, C. E. (2006). Savings in America: Building opportunities for all. Washington, DC: The Urban Institute.
15. th graders. [Press Release].
16. Jump$tart Coalition for Personal Financial Literacy. (2004). Financial literacy improves among nation's high school students. Retrieved on August 14, 2006, from http://www.jumpstart.org/fileuptemp/FINAL_PR_Jeump$tart_2--4_Survey.doc
17. Jump$tart Coalition for Personal Financial Literacy. (2005). Making the case for financial literacy-2005. Retrieved August 14, 2006, from http://www. jumpstartcoalition.com/upload/Personal20Financial%20Stats%202005%20Letterhead.doc
18. Jump$tart Coalition for Personal Financial Literacy. (2006, April 5). Financial literacy shows slight improvement among nation's high school students. [Press Release].
19. Kotlikoff, L. J., & Bernheim, B. D. (2001). Household financial planning and financial literacy. In L. J. Kotlikoff (Ed.) Essays on saving, bequests, altruism, and life-cycle planning (pp. 427-478). Cambridge, MA: MIT Press.
20. Maddox, T., Omahen, S., Peppers, F., Rahn, D., Ruark, E., & Varnadoe, S. (2006). Georgia cloverleaf: 4-H annual report. Athens, GA: University of Georgia, College of Agricultural and Environmental Sciences.
21. Peng, T. M., Bartholomae, S., Fox, J. J., & Cravener, G. (2007). The impact of personal finance education delivered in high school and college courses. Journal of Family and Economic Issues, 28 (2), 265-284.
22. Tennyson, S., & Nguyen, C. (2001). State curriculum mandates and student knowledge of personal finance. Journal of Consumer Affairs, 35 (2), 241-262.
23. U.S. Census Bureau. (2007). American community survey custom tables. FactFinder. Retrieved on February 16, 2008, from http://factfinder.census.gov/servlet/DatasetMainPageServlet?_program=ACS&_submenu Id=&_lang=en&_ts=
24. Varcoe, K., Martin, A., Devitto, Z., & Go, C. (2005). Using a financial education curriculum for teens. Financial Counseling and Planning Journal, 16 (1), 63-71.