An examination of college student money management tendencies

Determinants of college student money management decision-making were examined. A multi-variate model is hypothesized and tested that implicates attitude, affect, past behavior, and perceived control as predictors of intention to maintain a financial budget. Perceived control was also found to moderate budgeting intention, eliciting a shift from negative affect to subjective norm at high to low levels of perceived control. Further examination of an attitudinal model revealed positive expectancies toward budgeting utility and negative expectancies toward financial debt. Findings are discussed relative to debt prevention.