Publication Date

Fall 2010

Degree Type

Thesis

Degree Name

Master of Arts (MA)

Department

Sociology

Advisor

Yoko Baba

Keywords

credit card debt, financial education, financial literacy, parents, social learning theory

Subject Areas

Sociology; Social Research; Social Sciences Education

Abstract

This thesis examines the relationship between parental involvement and student level of financial literacy. Past studies have established that children's financial behavior and attitudes are shaped by their parents who pass on norms and social values to them. Using a convenience sample of 108 undergraduate students at a local state university, the present research tested whether children who had higher levels of financial literacy had parents who had taught them financial knowledge. The results of the test show that students' level of financial literacy is not significantly related to parental involvement.

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