Financial Stress, Self-Efficacy, and Financial Help-Seeking Behavior of College Students

Autor/inn/en	Lim, HanNa; Heckman, Stuart J.; Letkiewicz, Jodi C.; Montalto, Catherine P.
Titel	Financial Stress, Self-Efficacy, and Financial Help-Seeking Behavior of College Students
Quelle	In: Journal of Financial Counseling and Planning, 25 (2014) 2, S.148-160 (13 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1052-3073
Schlagwörter	College Students; Financial Problems; Stress Variables; Help Seeking; Self Efficacy; Financial Support; Student Surveys; Wellness; Regression (Statistics); African American Students; Consumer Education; Financial Services; Student Financial Aid; Debt (Financial); Multivariate Analysis; Ohio + Suchen Sie Ihr Suchwort? Collegestudent; Help-seeking behavior; Help-seeking behaviour; Hilfe suchendes Verhalten; Self-efficacy; Selbstwirksamkeit; Finanzielle Förderung; Schülerbefragung; Well being; Well-being; Wohlbefinden; Regression; Regressionsanalyse; African Americans; Student; Students; Afroamerikaner; Schüler; Schülerin; Studentin; Konsumerziehung; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Multivariate Analyse
Abstract	Financial stress and self-efficacy are examined in relationship to college students' financial help-seeking behavior utilizing Grable and Joo's (1999) framework. A cognitive approach is taken by focusing on the moderating role of financial self-efficacy on the relationship between financial stress and financial help-seeking. Data from the 2010 Ohio Student Financial Wellness Survey are analyzed. Logistic regression results indicate that those who are Black, have had a financial education course, have larger current student loan debt, experience higher levels of financial stress, and have high financial self-efficacy tend to seek help from professionals. A moderating role of financial self-efficacy is observed, although the effect is relatively weak. Implications for financial counselors, educators, and practitioners include attention to strategies for reaching populations that underutilize available services, increased effort to reach populations most in need of services, and optimizing opportunities for the inclusion of financial information as an antecedent to productive service provision. (As Provided).
Anmerkungen	Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: http://afcpe.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01