Collapse SubdiscussionCynthia SalazarCynthia Salazar
7:36pmMar 1 at 7:36pmManage Discussion EntryHancock, Adam M(Links to an external site.)Links to an external site.;Jorgensen, Bryce L(Links to an external site.)Links to an external site.;Swanson, Melvin S(Links to an external site.)Links to an external site.. “College Students and Credit Card
Use: The Role of Parents, Work Experience, Financial Knowledge and Credit Card
Attitudes.” Journal of Family and Economics Issues; New York, Vol. 34, Iss. 4, 2013,
- XXXXXXXXXXDOI:10.1007/s XXXXXXXXXXLinks to an external site.)Links to an external site.
This source provides studies of research conducted in 2013 to include parent involvement, work experience, financial knowledge and credit card attitudes of college students (Hancock et al XXXXXXXXXXThe studies were conducted to see if there was any significant influence that contributed college students credit card debt. The text that I will be using lies within this source. Hancock et al. writes that, “According to Norvilitis et al. (2006), a lack of financial knowledge was the strongest predictor of having credit debt. Furthermore, three research teams (Robb 2011; Shim et al. 2009, 2010) noticed that higher financial knowledge translated to positive behavioral outcomes (e.g., less risky use of credit cards)” XXXXXXXXXXThus, this source aims its studies towards college students I will be using these findings to promote my proposal that financial literacy and money management should begin in high school. This passage set the stage of my essay and it supports my topic about the need for financial education among high school and college students. I believe a finance literacy and money management should be a mandatory course to be taken in order to graduate high school. This will prepare and promote positive credit card behavior after high school and into college and/or adulthood.
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