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JOURNAL OF LEADERSHIP, ACCOUNTABILITY AND ETHICS
An Analysis of Money Attitudes: Their Relationships & Effects
On Personal Needs, Social Identity and Emotions
Author(s): Jim Wong
Citation: Jim Wong, (2010) "An Analysis of Money Attitudes: Their Relationships & Effects On Personal Needs, Social Identity and Emotions," Journal of Leadership, Accountability and Ethics, Vol. 8, Iss. 1, pp. 57 - 64
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Our attitudes towards the use, meaning, and importance of money are developed early in life, i.e. often years before having any idea of how money is obtained; why it is valued in high regard by some people, and what explains it being treated with contempt by others. Here a survey of 420 college students on 3 dimensions of a money attitude scale that reveals how money affects their relationships and influence on personal needs, social identity and emotions. Findings indicate a real need for better education in personal finance, especially money management, among college students.
