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Stajer Öğrencilerin Finansal Davranışları Üzerinde Etkili Olan Faktörler: Ticaret ve Meslek Liseleri Örneği

Year 2022, , 142 - 156, 30.12.2022
https://doi.org/10.56668/jefr.1136779

Abstract

Finansal sosyalizasyonun bireylerin yaşantılarında etkili olduğu zaman erken yaş dönemi olan çocukluk dönemidir. Çalışmada, para ve iş üzerinden sağlanan finansal sosyalizasyonun, aritmetik bilgi düzeyinin, ebeveyn sosyalizasyonunun ve alınan eğitim unsurlarının, genç bireylerin finansal davranışları üzerinde etkileri açıklanmaya çalışılmıştır. Bu kapsamda Trabzon, Ordu, Samsun ve Erzincan illerinde ticaret ve meslek liselerinde hem eğitim gören hem de çalışan 14-18 yaş arası 425 öğrenciye anket uygulanarak veriler elde edilmiştir. Toplanan veriler SPSS 20.0 programı ile analiz edilmiştir. Erken dönemde elde edilen para ve iş deneyimi, ebeveyn sosyalizasyonu ve eğitiminin öğrencilerin finansal davranışları üzerinde anlamlı ve olumlu bir etki yarattığı sonucu elde edilmiştir.

References

  • Ameliawati, M. and Setiyani, R. (2018). The influence of financial attitude, financial socialization, and financial experience to financial management behavior with financial literacy as the mediation variable. KnE Social Sciences, 811-832.
  • Ansong, A. and Gyensare, M.A. (2012). Determinants of university working-students' financial literacy at the University of Cape Coast, Ghana. International Journal of Business and Management, 7(9): 126-133. http://dx.doi.org/10.5539/ijbm.v7n9p126
  • Akgül, A. and Çevik, O. (2005). Statistical Analysis Techniques, Business Management Applications in SPSS, 2nd Edition, Ankara: Emek Ofset Ltd. Sti.
  • Batty, M., Collins, J.M., O’Rourke, C. and Odders-White, E. (2020). Experiential financial education: A field study of my classroom economy in elementary schools. Economics of Education Review, 78, 102014. https://doi.org/10.1016/j.econedurev.2020.102014
  • Brown, J.T., Banks, M. and Bowman, D. (2020). From me to us: Strengthening our Financial Capabilities. Economic Papers: A journal of applied economics and policy, 39(4): 407-417. https://doi.org/10.1111/1759-3441.12295
  • Danes, S.M. and Yang, Y. (2014). Assessment of the use of theories within the journal of financial counseling and planning and the contribution of the family financial socialization conceptual model. Journal of Financial Counselingand Planning, 25(1): 53–68.
  • Deenanath, V., Danes, S.M. and Jang, J. (2019). Purposive and unintentional family financial socialization, subjective financial knowledge, and financial behavior of high school students. Journal of Financial Counseling and Planning, 30(1): 83-96. http://dx.doi.org/10.1891/1052-3073.30.1.83
  • Dowling, N., Hoiles, L., Corney, T. and Clark, D. (2008). Financial management and young Australian workers. Youth Studies Australia, 27(1): 26-35.
  • Donohue, B., Conway, D., Beisecker, M., Murphy, H., Farley, A., Waite, M. and Shorty, C. (2005). Financial management and job social skills training components in a summer business institute: A controlled evaluation in high achieving predominantly ethnic minority youth. Behavior Modification, 29(4): 653-676. https://doi.org/10.1177/0145445503261172
  • Frijns, B., Gilbert, A. and Tourani-Rad, A. (2014). Learning by doing: The role of financial experience in financial literacy. Journal of Public Policy, 34(1): 123-154. https://doi.org/10.1017/S0143814X13000275
  • George, D. and Mallery, M. (2010). SPSS for Windows Step by Step: A Simple Guide and Reference, 17.0 update (10a ed.) Boston: Pearson.
  • Gök, B. and Coşkun, A. (2020). A Study on the Analysis of Financial Literacy Tendencies of Generation Z. International Journal of Cultural and Social Studies (UKSAD), 6(1): 356-366.
  • Gönen, E. and Özmete, E. (2007). Financial well-being: Examining the relationship between satisfaction with the financial management process, financial behaviors and self-esteem. Journal of Social Policy Studies, 11(11): 57-69.
  • Grohman, A., Kouwenberg, R. and Menkhoff, L. (2015). Child hoodroots of financial literacy. Journal of Economic Psychology, 51: 114-133. https://doi.org/10.1016/j.joep.2015.09.002
  • Grusec, J.E. and Davidov, M. (2008). Socialization in the Family: The Roles of Parents. In Handbook of Socialization: Theory and Research, edited by Joan E. Grusec and Paul D. Hastings (284–308). New York and London: Guilford Press.
  • Gudmunson, C.G. and Danes, S.M. (2011). Family financial socialization: Theory and criticalreview. Journal of Family and Economic Issues, 32(4): 644-667. https:// doi.org/ 10.1007/s10834-011-9275-y
  • Güvenç, H. (2016). A financial literacy scale development study for high school students. Abant İzzet Baysal University Journal of the Faculty of Education, 16(3): 847-863.
  • Hayta, A.B. (2014). Psychological Prejudices Affecting Individual Investors' Perception of Financial Risk. Turkish Journal of Social Research, 183(183): 329-352.
  • Hair, J.F., Bush, R.P. and Ortinau, D.J. (2000). Marketing Research A Practical Approach for the New Millenium, 5th Edition, PrenticeHall.
  • Idris, N. H., Yazid, Z.A., Faique, F.A., Daud, S., Ismail, S., Bakri, M. H. and Taib, N.M. (2016). Financial literacy and debt burden among Malay youth workers in Malaysia. Advanced Science Letters, 22(12): 4288-4292. https://doi.org/10.1166/asl.2016.8130
  • Kim, J. and Chatterjee, S. (2013). Childhood financial socialization and young adults' financial management. Journal of Financial Counseling and Planning, 24(1): 61.
  • LeBaron, A.B., Runyan, S.D., Jorgensen, B.L., Marks, L.D., Li, X. and Hill, E.J. (2019). Practice makes perfect: Experiential learning as a method for financial socialization. Journal of Family Issues, 40(4): 435-463. https://doi.org/10.1177/0192513X18812917
  • Lusardi, A. and Mitchell, O.S. (2014). The economic importance of financial literacy: Theory and evidence. Journal of EconomicLiterature, 52: 5–44.
  • Martin, A. and Oliva, J.C. (2001). Teaching children about money: Applications of social learning and cognitive learning developmental theories. Journal of Family and Consumer Sciences, 93(2): 26–29.
  • Moreno-Herrero, D., Salas-Velasco, M. and Sánchez-Campillo, J. (2018). Factors that influence the level of financial literacy among young people: The role of parental engagement and students' experiences with money matters. Children and Youth Services Review, 95: 334-351. https://doi.org/10.1016/j.childyouth.2018.10.042
  • Nidar, S.R. and Bestari, S. (2012). Personal financial literacy among university students (case study at Padjadjaran University students, Bandung, Indonesia). World Journal of Social Sciences, 2(4): 162-171.
  • Oseifuah, E.K. (2010). Financial literacy and youth entrepreneurship in South Africa. African journal of Economic and Management Studies, 1(2): 164-182. https://doi.org/10.1108/20400701011073473
  • Payne, J. D. and Tanner, G. (2011). Experiential learning and finance: A hands-on-approach to financial modeling. Journal of Financial Education, 82-100.
  • Royer, L., Jordan, J. and Harrison, M. (2005). How financially literate are today's youth? Their current practices and what we need to know as educators. In The Forum for Family and Consumer Issues, 10(1): 1-14.
  • Shim, S., Barber, B.L., Card, N A., Xiao, J.J. and Serido, J. (2010). Financial socialization of first-year college students: The roles of parents, work, and education. Journal of Youth And Adolescence, 39(12): 1457-1470. https://doi.org/ 10.1007/s10964-009-9432-x
  • Shim, S., Serido, J., Bosch, L. and Tang, C. (2013). Financial identity‐processing styles among young adults: A longitudinal study of socialization factors and consequences for financial capabilities. Journal of Consumer Affairs, 47(1): 128-152. https://doi.org/10.1111/joca.12002
  • Sohn, S.H., Joo, S.H., Grable, J.E., Lee, S. and Kim, M. (2012). Adolescents’ financial literacy: The role of financial socialization agents, financial experiences, and money attitudes in shaping financial literacy among South Korean youth. Journal of adolescence, 35(4): 969-980. https://doi.org/10.1016/j.adolescence.2012.02.002
  • Sundarasen, S.D.D., Rahman, M.S., Othman, N.S. and Danaraj, J. (2016). Impact of financial literacy, financial socialization agents, and parental norms on money management. Journal of Business Studies Quarterly, 8(1): 137.
  • Tabachnick, B.G. and Fidell, L.S. (2013). Using multivariate statistics. UpperSaddleRiver.
  • Tang, N. and Peter, P.C. (2015). Financial knowledge acquisition among the young: The role of financial education, financial experience, and parents' financial experience. Financial Services Review, 24(2): 119.
  • Yong, C.C., Yew, S.Y. and Wee, C.K. (2018). Financial knowledge, attitude and behaviour of young working adults in Malaysia. Institutions and Economies, 10(4).
  • Watson, S.J. and Barber, B.L. (2016). University attendance moderates the link between financial norms and healthy financial behavior for Australian young adults. Journal of Family and Economic Issues, 38: 238–248. https ://doi.org/10.1007/s1083 4-016-9505-4

Factors Influencing Financial Behaviors of Intern Students: Example of Commerce and Vocational High Schools

Year 2022, , 142 - 156, 30.12.2022
https://doi.org/10.56668/jefr.1136779

Abstract

Childhood is the early age period when financial socialization is effective in the lives of individuals. In the study, the effects of financial socialization through money and work, arithmetic knowledge level, parental socialization and educational elements on the financial behaviours of young individuals were tried to be explained. In this context, data were obtained by applying survey to 425 students between the ages of 14 and 18 who both receive education and work in commercial and vocational high schools in Trabzon, Ordu, Samsun and Erzincan. The collected data were analyzed with the SPSS 20.0 program. It was concluded that money and work experience gained in the early period, parental socialization and education had a meaningful and positive effect on students’ financial behaviours.

References

  • Ameliawati, M. and Setiyani, R. (2018). The influence of financial attitude, financial socialization, and financial experience to financial management behavior with financial literacy as the mediation variable. KnE Social Sciences, 811-832.
  • Ansong, A. and Gyensare, M.A. (2012). Determinants of university working-students' financial literacy at the University of Cape Coast, Ghana. International Journal of Business and Management, 7(9): 126-133. http://dx.doi.org/10.5539/ijbm.v7n9p126
  • Akgül, A. and Çevik, O. (2005). Statistical Analysis Techniques, Business Management Applications in SPSS, 2nd Edition, Ankara: Emek Ofset Ltd. Sti.
  • Batty, M., Collins, J.M., O’Rourke, C. and Odders-White, E. (2020). Experiential financial education: A field study of my classroom economy in elementary schools. Economics of Education Review, 78, 102014. https://doi.org/10.1016/j.econedurev.2020.102014
  • Brown, J.T., Banks, M. and Bowman, D. (2020). From me to us: Strengthening our Financial Capabilities. Economic Papers: A journal of applied economics and policy, 39(4): 407-417. https://doi.org/10.1111/1759-3441.12295
  • Danes, S.M. and Yang, Y. (2014). Assessment of the use of theories within the journal of financial counseling and planning and the contribution of the family financial socialization conceptual model. Journal of Financial Counselingand Planning, 25(1): 53–68.
  • Deenanath, V., Danes, S.M. and Jang, J. (2019). Purposive and unintentional family financial socialization, subjective financial knowledge, and financial behavior of high school students. Journal of Financial Counseling and Planning, 30(1): 83-96. http://dx.doi.org/10.1891/1052-3073.30.1.83
  • Dowling, N., Hoiles, L., Corney, T. and Clark, D. (2008). Financial management and young Australian workers. Youth Studies Australia, 27(1): 26-35.
  • Donohue, B., Conway, D., Beisecker, M., Murphy, H., Farley, A., Waite, M. and Shorty, C. (2005). Financial management and job social skills training components in a summer business institute: A controlled evaluation in high achieving predominantly ethnic minority youth. Behavior Modification, 29(4): 653-676. https://doi.org/10.1177/0145445503261172
  • Frijns, B., Gilbert, A. and Tourani-Rad, A. (2014). Learning by doing: The role of financial experience in financial literacy. Journal of Public Policy, 34(1): 123-154. https://doi.org/10.1017/S0143814X13000275
  • George, D. and Mallery, M. (2010). SPSS for Windows Step by Step: A Simple Guide and Reference, 17.0 update (10a ed.) Boston: Pearson.
  • Gök, B. and Coşkun, A. (2020). A Study on the Analysis of Financial Literacy Tendencies of Generation Z. International Journal of Cultural and Social Studies (UKSAD), 6(1): 356-366.
  • Gönen, E. and Özmete, E. (2007). Financial well-being: Examining the relationship between satisfaction with the financial management process, financial behaviors and self-esteem. Journal of Social Policy Studies, 11(11): 57-69.
  • Grohman, A., Kouwenberg, R. and Menkhoff, L. (2015). Child hoodroots of financial literacy. Journal of Economic Psychology, 51: 114-133. https://doi.org/10.1016/j.joep.2015.09.002
  • Grusec, J.E. and Davidov, M. (2008). Socialization in the Family: The Roles of Parents. In Handbook of Socialization: Theory and Research, edited by Joan E. Grusec and Paul D. Hastings (284–308). New York and London: Guilford Press.
  • Gudmunson, C.G. and Danes, S.M. (2011). Family financial socialization: Theory and criticalreview. Journal of Family and Economic Issues, 32(4): 644-667. https:// doi.org/ 10.1007/s10834-011-9275-y
  • Güvenç, H. (2016). A financial literacy scale development study for high school students. Abant İzzet Baysal University Journal of the Faculty of Education, 16(3): 847-863.
  • Hayta, A.B. (2014). Psychological Prejudices Affecting Individual Investors' Perception of Financial Risk. Turkish Journal of Social Research, 183(183): 329-352.
  • Hair, J.F., Bush, R.P. and Ortinau, D.J. (2000). Marketing Research A Practical Approach for the New Millenium, 5th Edition, PrenticeHall.
  • Idris, N. H., Yazid, Z.A., Faique, F.A., Daud, S., Ismail, S., Bakri, M. H. and Taib, N.M. (2016). Financial literacy and debt burden among Malay youth workers in Malaysia. Advanced Science Letters, 22(12): 4288-4292. https://doi.org/10.1166/asl.2016.8130
  • Kim, J. and Chatterjee, S. (2013). Childhood financial socialization and young adults' financial management. Journal of Financial Counseling and Planning, 24(1): 61.
  • LeBaron, A.B., Runyan, S.D., Jorgensen, B.L., Marks, L.D., Li, X. and Hill, E.J. (2019). Practice makes perfect: Experiential learning as a method for financial socialization. Journal of Family Issues, 40(4): 435-463. https://doi.org/10.1177/0192513X18812917
  • Lusardi, A. and Mitchell, O.S. (2014). The economic importance of financial literacy: Theory and evidence. Journal of EconomicLiterature, 52: 5–44.
  • Martin, A. and Oliva, J.C. (2001). Teaching children about money: Applications of social learning and cognitive learning developmental theories. Journal of Family and Consumer Sciences, 93(2): 26–29.
  • Moreno-Herrero, D., Salas-Velasco, M. and Sánchez-Campillo, J. (2018). Factors that influence the level of financial literacy among young people: The role of parental engagement and students' experiences with money matters. Children and Youth Services Review, 95: 334-351. https://doi.org/10.1016/j.childyouth.2018.10.042
  • Nidar, S.R. and Bestari, S. (2012). Personal financial literacy among university students (case study at Padjadjaran University students, Bandung, Indonesia). World Journal of Social Sciences, 2(4): 162-171.
  • Oseifuah, E.K. (2010). Financial literacy and youth entrepreneurship in South Africa. African journal of Economic and Management Studies, 1(2): 164-182. https://doi.org/10.1108/20400701011073473
  • Payne, J. D. and Tanner, G. (2011). Experiential learning and finance: A hands-on-approach to financial modeling. Journal of Financial Education, 82-100.
  • Royer, L., Jordan, J. and Harrison, M. (2005). How financially literate are today's youth? Their current practices and what we need to know as educators. In The Forum for Family and Consumer Issues, 10(1): 1-14.
  • Shim, S., Barber, B.L., Card, N A., Xiao, J.J. and Serido, J. (2010). Financial socialization of first-year college students: The roles of parents, work, and education. Journal of Youth And Adolescence, 39(12): 1457-1470. https://doi.org/ 10.1007/s10964-009-9432-x
  • Shim, S., Serido, J., Bosch, L. and Tang, C. (2013). Financial identity‐processing styles among young adults: A longitudinal study of socialization factors and consequences for financial capabilities. Journal of Consumer Affairs, 47(1): 128-152. https://doi.org/10.1111/joca.12002
  • Sohn, S.H., Joo, S.H., Grable, J.E., Lee, S. and Kim, M. (2012). Adolescents’ financial literacy: The role of financial socialization agents, financial experiences, and money attitudes in shaping financial literacy among South Korean youth. Journal of adolescence, 35(4): 969-980. https://doi.org/10.1016/j.adolescence.2012.02.002
  • Sundarasen, S.D.D., Rahman, M.S., Othman, N.S. and Danaraj, J. (2016). Impact of financial literacy, financial socialization agents, and parental norms on money management. Journal of Business Studies Quarterly, 8(1): 137.
  • Tabachnick, B.G. and Fidell, L.S. (2013). Using multivariate statistics. UpperSaddleRiver.
  • Tang, N. and Peter, P.C. (2015). Financial knowledge acquisition among the young: The role of financial education, financial experience, and parents' financial experience. Financial Services Review, 24(2): 119.
  • Yong, C.C., Yew, S.Y. and Wee, C.K. (2018). Financial knowledge, attitude and behaviour of young working adults in Malaysia. Institutions and Economies, 10(4).
  • Watson, S.J. and Barber, B.L. (2016). University attendance moderates the link between financial norms and healthy financial behavior for Australian young adults. Journal of Family and Economic Issues, 38: 238–248. https ://doi.org/10.1007/s1083 4-016-9505-4
There are 37 citations in total.

Details

Primary Language English
Subjects Finance
Journal Section Research Articles
Authors

Adem Özbek 0000-0001-6599-6337

Publication Date December 30, 2022
Published in Issue Year 2022

Cite

APA Özbek, A. (2022). Factors Influencing Financial Behaviors of Intern Students: Example of Commerce and Vocational High Schools. Ekonomi Ve Finansal Araştırmalar Dergisi, 4(2), 142-156. https://doi.org/10.56668/jefr.1136779