Financial knowledge levels and savings behaviors of Bermudian high school seniors at CedarBridge Academy

dc.contributor.advisor Beverly Kruempel
dc.contributor.author Kieschnick, Danika
dc.contributor.department Family and Consumer Sciences Education and Studies
dc.date 2018-08-25T03:00:53.000
dc.date.accessioned 2020-07-02T06:08:12Z
dc.date.available 2020-07-02T06:08:12Z
dc.date.copyright Sun Jan 01 00:00:00 UTC 2006
dc.date.issued 2006-01-01
dc.description.abstract <p>The purpose of this study was to determine the relationship between financial knowledge and financial behaviors of high school seniors at CedarBridge Academy in Devonshire Bermuda. This study will also be used to determine if there is a need for a personal finance course at CedarBridge Academy. Seventy-five high school seniors were given a thirty question survey pertaining to financial topics and savings issues. This thesis is a detailed analysis of the research findings and literature relating to the study topic of financial knowledge and savings behaviors of teenagers. The theoretical foundation for this study is based on research from the Jumpstart Coalition for Personal Financial Literacy's findings in the 2004 financial survey to high school seniors in the United States. Participants scored well on questions pertaining to spending money and poorly on questions pertaining to savings and investments. A non-directional independent samples t-test was conducted and found that students who felt confident in their ability to manage their own finances scored higher on the financial knowledge section of the survey than students who were not confident in their ability to manage their own finances. The researcher suggests continuing to explore the relationship between financial knowledge and financial behaviors as these areas are only beginning to be explored.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/rtd/864/
dc.identifier.articleid 1863
dc.identifier.contextkey 6087610
dc.identifier.doi https://doi.org/10.31274/rtd-180813-9896
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath rtd/864
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/81650
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/rtd/864/1439896.PDF|||Sat Jan 15 02:14:42 UTC 2022
dc.subject.disciplines Home Economics
dc.subject.keywords Family and consumer sciences education and studies
dc.subject.keywords Family and consumer sciences education
dc.title Financial knowledge levels and savings behaviors of Bermudian high school seniors at CedarBridge Academy
dc.type article
dc.type.genre thesis
dspace.entity.type Publication
thesis.degree.level thesis
thesis.degree.name Master of Science
File
Original bundle
Now showing 1 - 1 of 1
Name:
1439896.PDF
Size:
6.47 MB
Format:
Adobe Portable Document Format
Description: