Simon Kuznets and John Maynard Keynes did research on the subject of propensity to consume. Kuznets asserted that people do not alter their consumption/saving ratio and spend more when they have more disposable income. Keynes alleged that when disposable income increases, the rate of saving also increases over time because people tend to keep…

We update Collier et al. (2021) by using the Survey of Consumer Finances (SCF) 2019 dataset to explore characteristics of enrollees in Income-Driven Repayment (IDR). SCF 2019 is more likely to include borrowers engaged in REPAYE. Findings support an ongoing need to encourage greater IDR participation for lowest-income borrowers and reinforced…

This study examined associations between positive financial behaviors and positive health behaviors. Participants (n 8,128) completed an online survey about their frequency of performance of recommended practices.A multiple regression analysis was used to predict participants' health behavior score based on their emergency fund, saving, and…

This article discusses the origin of university students' money, the way they use it as well as the meaning they grant it. The research that originated this discussion had a quantitative approach and descriptive scope; it was conducted among 714 Colombian university students who attended daytime classes, and it aimed at identifying the place they…

This study investigated whether spending habits before and during the Great Recession predicted financial distress. Financial distress was defined as failing to make mortgage and non-mortgage loan payments on time. Data from the 2007-2009 panel of the Survey of Consumer Finances revealed that one's prerecession spending habit did not seem to…

Since males and females are raised differently by their parents (Thorne, 2003), gender roles may affect the saving and spending behaviours of male and female teenagers. The objective of this research was to study the gender differences in saving and spending behaviours of Thai students. This was an exploratory study where a questionnaire was used…

A recent series of papers has renewed interest in the question of whether consumption data are superior to income data for poverty measurement. Although the Census Bureau has provided researchers with an experimental series of variables that can produce a comprehensive income measure, this resource has not been fully exploited in previous…

This booklet on financial plans, 1 in a series of 12, covers all the basic aspects of personal- and family-money management. Suitable for use by high school and college students as well as adults, this handbook presents an easy-to-use plan for managing income and reaching financial goals. The importance of planning is discussed first. The next…

This booklet is a simple, practical guide for managing money. It provides advice to help the reader balance expenses with income and get personal finances in order. The booklet takes the reader step by step through the processes involved in setting up a basic financial plan and shows him/her how to tailor it to fit personal needs. It explains how…

Both the Financial Services Authority and the Basic Skills Agency are committed to supporting those individuals and organisations working to improve the financial capability of themselves and others. The development of the National Strategy for Financial Capability, coordinated by the Financial Services Authority, and the commissioning of a…

Examined how expenditure patterns of elderly persons at various income-to-needs levels differ from those of younger mature adults at similar income-to-needs levels. Assessed patterns of spending in a variety of areas within three domains: giving, recreation, and essentials. Age and income exerted an effect on spending. (RJM)

To help junior and senior high school students develop a better understanding of the United States' economy, this teacher's guide presents a series of learning activities centered around eight general themes. The topics (corresponding to the document's eight chapters) include both international and global economic issues as well as current…

This guide is intended to assist curriculum planners and classroom teachers in designing and implementing personal finance instruction to meet a variety of student needs, interests, and abilities. It is organized under five concept areas: employment and income, money management, credit, purchase of goods and services, and rights and…

The guide was developed to aid teachers in planning and developing programs in personal finance education which will prepare students to function as intelligent consumers. Three case studies illustrating common consumer problems are followed by the body of the guide, focusing on five major topics and incorporating economic, social, and physical…

This guide provides a framework for teaching consumer education to senior high and adult education classes. It may be used to develop a broad consumer economics program, to teach a single unit, or to incorporate money-managing concepts into various subject areas. Introductory materials include suggestions for adapting materials to curriculum…