“It’s All About Security to Meâ€

Leah Hamilton, Marcia Shobe, Yvette Murphy-Erby and Kameri Christy

SAGE Open, 2012, vol. 2, issue 4, 2158244012471958

Abstract: This qualitative study explores financial behavior and expectations in families of origin in addition to youth financial education and savings behaviors. The authors interviewed 14 youths, aged 17 to 19 years, whose families had low incomes, education levels, and savings rates and who participated in a youth-based financial education and dedicated savings program and present key themes and subthemes that were revealed during data analysis. Findings suggest that, rather than replicating the behavior of their parents and experiencing the same financial struggles, the youths interviewed were motivated by a desire to avoid these challenges. However, youths in this study also noted that they experienced social and economic barriers that their higher income peers did not. Policy, practice, and research implications of these findings are discussed.

Keywords: youth; savings; financial literacy; financial behavior; ecological systems (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/2158244012471958 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:sagope:v:2:y:2012:i:4:p:2158244012471958

DOI: 10.1177/2158244012471958

Access Statistics for this article

More articles in SAGE Open
Bibliographic data for series maintained by SAGE Publications ().