Date of Award

12-2007

Degree Type

Thesis

Degree Name

Departmental Honors

Department

Psychology

Abstract

Using the Transtheoretical Model (TTM) of change (Prochaska & Di Clemente, 1982) as a guide to analyze financial behavior, college students were asked a variety of questions about their financial situations. Recruited from undergraduate classes at Utah State University, 112 students took the online survey. Surprisingly, 44.4% of participants reported being in the Maintenance stage of the TTM, and 71.2% reported contributing at least monthly to some sort of savings or investment account. In terms of Financial Planning Personality Type (Lown, 2007), 46.3% of respondents were Planners and 23.1% were Savers. Though the study displays limitations, it begs further investigation into the subject of saving and investing among college students.

Included in

Psychology Commons

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Faculty Mentor

Jean M. Lown

Departmental Honors Advisor

Scott C. Bates