文章基本信息

标题：Financial Management behavior among young adults: The role of Need for Cognitive Closure in a three-wave moderated mediation model
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作者：Topa, Gabriela ; Hernández, Monserrat ; Zappala, Salvatore 等
期刊名称：Frontiers in Psychology
电子版ISSN：1664-1078
出版年度：2018
卷号：9
页码：1-10
DOI：10.3389/fpsyg.2018.02419
出版社：Frontiers Media
摘要：This three-wave study aims to explore whether the impact of investment literacy on financial management behavior is mediated by investment advice use and moderated by the need for cognitive closure. A total number of 272 financially independent adults, under 40 years, completed questionnaires at three different times with three-month intervals. The results reveal that employees with more investment advice use and characterized by a high need for cognitive closure show a higher level of financial management behavior, in relation to both the urgency (seizing) of getting knowledge and the permanence (freezing) of such knowledge. The present study contributes to better understand how and when investment literacy drives well-informed and responsible financial behavior. According to these results, interventions to improve financial behavior should focus on the combination of investment advice use and metacognitive strategies used by individuals to make financial decisions.
关键词：Financial management behavior; Investment literacy; investment advice use; Need for cognitive closure; Financial planning