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An Exploratory Examination of Predictors in the Effectiveness of and Motivation to Engage in Financial Monitoring

Dinther, Linda M.J. van (2011) An Exploratory Examination of Predictors in the Effectiveness of and Motivation to Engage in Financial Monitoring.

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Abstract:In a series of two studies, it was examined what processes may contribute to and determine the effectiveness of financial monitoring (i.e. keeping a cashbook) in improving one‟s ability to manage. Whereas in the first study the extent of overview over one‟s finances mediated the relation between self-reported financial monitoring and one‟s ability to manage, the second study failed to replicate these results with instructed financial monitoring. Furthermore, one‟s level of impulse buying tendency and motivation to change spending behavior turned out to be non-significant determinants in the effectiveness of instructed financial monitoring. In addition, it was explored whether an additional task to generate general goal intentions with additional reasons would increase an individual‟s motivation to engage in financial monitoring. However, this expectation could not be supported. Implications are discussed.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:77 psychology
Programme:Psychology MSc (66604)
Link to this item:https://purl.utwente.nl/essays/61028
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