2011 Outstanding AFCPE[R] Conference Paper: Development and Validation of a Financial Self-Efficacy Scale

Autor/in	Lown, Jean M.
Titel	2011 Outstanding AFCPE[R] Conference Paper: Development and Validation of a Financial Self-Efficacy Scale
Quelle	In: Journal of Financial Counseling and Planning, 22 (2011) 2, S.54-63 (10 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1052-3073
Schlagwörter	Self Efficacy; Money Management; Measures (Individuals); Factor Analysis; Psychometrics; Program Validation; Program Development; Employee Attitudes; Behavioral Science Research; Behavior Rating Scales; Behavior Change; Test Construction; Counseling Services; Conference Papers + Suchen Sie Ihr Suchwort? Self-efficacy; Selbstwirksamkeit; Messdaten; Faktorenanalyse; Psychometry; Psychometrie; Programmplanung; Arbeitnehmerinteresse; Testaufbau; Konferenzmaterial
Abstract	This study developed a 6-item Financial Self-Efficacy Scale for use by researchers, educators, counselors, and advisors. Bandura's concept of self-efficacy and Prochaska's Transtheoretical Model of Behavior Change provided the theoretical framework. Scale items were adapted from Schwarzer and Jerusalem's (1995) General Self-Efficacy Scale. Psychometrics were measured using a sample of 726 university employees. Alpha reliability was 0.76. One-way ANOVA compared self-efficacy scores to respondents' assessment of their investment sophistication. Factor analysis resulted in a coherent factor with loadings ranging from 0.574 to 0.759. In addition to providing researchers with a means to measure behavioral aspects of financial management, a financial self-efficacy scale can help educators and counselors better understand, guide, and motivate their students and clients. (Contains 4 tables.) (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	2017/4/10