Reliability Analysis of Money Habitudes

Document Type

Article

Journal/Book Title/Conference

Journal of Extension

Volume

53

Issue

2

Publisher

Clemson University Press

Publication Date

4-1-2015

First Page

1

Last Page

3

Abstract

Use of the Money Habitudes exercise has gained popularity among various financial professionals. This article reports on the reliability of this resource. A survey administered to young adults at a western state university was conducted, and each Habitude or "domain" was analyzed using Cronbach's alpha procedures. Results showed all six domains had acceptable levels of reliability. Family finance and consumer science Extension agents can feel confident in using the Money Habitudes tool with individuals and couples.

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