University of Twente Student Theses
The cost of self-protective measures : psychological predictors of saving money for a financial buffer
Magendans, J.A. (2014) The cost of self-protective measures : psychological predictors of saving money for a financial buffer.
|
PDF
872kB |
| Abstract: | With the government increasingly redistributing responsibility to citizens, individuals require resources to take self-protective measures and to recuperate themselves from setbacks with financial consequences. This study examines which psychological constructs are predictive of self-reported saving behaviour. A theoretical model, based on the Theory of Planned Behaviour but with several new and previously unexamined features, is introduced and empirically tested using a heterogeneous sample (n = 272). Results supported several assumptions and showed that self-reported saving behaviour was predicted by perceived financial self-efficacy and saving intention. Saving intention was, in turn, predicted by perceived financial self-efficacy, regulatory focus, and financial risk tolerance. An individual’s attitude towards financial risk taking (i.e., financial risk tolerance) was predicted by situational economic trust, subjective financial knowledge, and regulatory focus. Implications for stimulating saving behaviour and recommendations for further research are given. |
| 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/65722 |
| Export this item as: | BibTeX EndNote HTML Citation Reference Manager |
Show download statistics for this publication
Show download statistics for this publicationRepository Staff Only: item control page