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Mental budgeting and the management of household finance

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  • Antonides, Gerrit
  • Manon de Groot, I.
  • Fred van Raaij, W.
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    Abstract

    Mental budgeting and financial management were investigated in a large sample of the Dutch population. Mental budgeting was quite common, and was explained from general education, having saving goals, financial knowledge, time orientation, and financial situation. Also, mental budgeting, in addition to effects of financial situation, time orientation and financial knowledge, was positively associated with having an overview of expenses and current accounts, and household financial management.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0167487011000596
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Psychology.

    Volume (Year): 32 (2011)
    Issue (Month): 4 (August)
    Pages: 546-555

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    Handle: RePEc:eee:joepsy:v:32:y:2011:i:4:p:546-555

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    Web page: http://www.elsevier.com/locate/joep

    Related research

    Keywords: Mental budgeting Financial management;

    References

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    Cited by:
    1. Donnelly, Grant & Iyer, Ravi & Howell, Ryan T., 2012. "The Big Five personality traits, material values, and financial well-being of self-described money managers," Journal of Economic Psychology, Elsevier, vol. 33(6), pages 1129-1142.

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