Investigating the Financial Awareness and Behaviors of Veterinary Medical Students

Amy Snyder and Kenneth Royal

International Journal of Economics and Finance, 2016, vol. 8, issue 7, 201

Abstract: A sample of veterinary medical students were administered a modified version of the Financial Fitness Quiz (FFQ) to gain insights about current veterinary students money management behaviors (e.g., developing financial goals, having a spending plan, accumulating savings, etc.). Results demonstrate students possess a general awareness and conscientiousness toward personal finance. In some cases, veterinary students engaged in positive financial behaviors at a higher rate than average consumers in the United States, and most reported having more cash on hand to cover an emergency than average consumers in the United States. While students generally appear to understand the negative impact of debt, results indicate most students do not fully appreciate the value of personal budgeting or annual calculations of net worth.

Date: 2016
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