Research has shown that even though standardized financial education has gained prevalence to promote financial literacy over the past decade, it has had little effect on personal financial planning. The present study used a randomized control trial to examine the effectiveness of a Python-based personalized financial projection on young working…

Previous research has shown that the UK has low levels of financial literacy by international standards, particularly among those in lower socio-economic groups. This may have an impact upon young people, with social inequalities in financial attitudes, behaviours and skills perpetuating across generations. Using parent-child linked survey data…

Using consumer socialization theory, this study examined the associations between perceived influence of parents, peers, employment, and media and spending behaviors of emerging adult college students from three different regions of the US: Northeast, South Atlantic, and Mountain regions. Data from the Emerging Adult Financial Capability Study (N…

To measure the outcomes of youth transitioning out of foster care, states are required to administer the National Youth in Transition Database (NYTD) survey to cohorts of youth at ages 17, 19, and 21. With this third cohort of young people having completed all three waves of data collection, researchers better understand the experiences of current…

The purpose of this study was to describe the relationships between financial literacy and financial capability rates of 18-24-year-olds and formal financial education in public K-12 schools. Though much has been studied about financial education, financial literacy, and financial capability, there are few clear answers about the relationships…

Greater financial literacy is critically needed among young adults in the United States, but many financial literacy education courses have been less effective than hoped for by educators and researchers. Additionally, many have not been designed around established curricula or learning science principles, rendering findings difficult for…

This study aimed to understand how emerging adults achieve financial independence by asking how emerging adults who are college graduates describe their experiences with the process of achieving financial independence. Using a generic qualitative design, this study drew connections between emerging adult college graduates' common experiences and…

To measure the outcomes of youth transitioning out of foster care, states are required to administer the National Youth in Transition Database (NYTD) survey to cohorts of youth at ages 17, 19, and 21. With this second cohort of youth having completed all three waves of data collection, researchers are beginning to better understand the experiences…

Student loans are like a dark cloud looming above 41 million Americans (Perna, Kvall, & Ruiz, 2017). Through young adults' personal accounts and relevant literature, we aimed to explore how student debt has altered the lives of college graduates and what can be done to educate students before they graduate with tens of thousands of dollars in…

To measure the outcomes of youth transitioning out of foster care, states are required to administer the National Youth in Transition Database (NYTD) survey to cohorts of youth at ages 17, 19, and 21. This brief presents NYTD data highlights that compare the outcomes reported by youth in the second NYTD cohort at ages 17 and 19. This brief also…

To measure the outcomes of youth transitioning out of foster care, states are required to administer the National Youth in Transition Database (NYTD) survey to cohorts of youth at ages 17, 19, and 21. With three waves of data collection completed with youth in the first cohort, researchers are beginning to better understand the experiences of…