Saving of freshmen and their parents in Slovenia : saving motives and links to parental financial socialization

Lep, Žan (avtor), Zupančič, Maja (avtor), Poredoš, Mojca (avtor)

Spending money within the budget, financial planning, and saving represent important positive financial behaviors that contribute to financial satisfaction of emerging adults, which in turn predicts their satisfaction with life. In a mixed method study of Slovenian first-year university students (N = 515) and one of their parents, we qualitatively and quantitatively analyzed multi-informant survey data collected online on their motivation to save money and the factors that influence the students' choice (demographics, parental saving, and parental financial socialization). More than half of the freshmen and their parents saved money, mostly for long-term financial goals, larger investments, financial security in the future, and with self-gratification motives. Saving and the motives for saving were moderately associated within the student-parent dyads: The students whose parents saved tended to save themselves, and the saving motives of parents and their emerging adult children also showed similarities. The role of parents as agents of financial socialization in the students' healthy financial behavior was supported by significant associations between the students' recollection of parental socialization practices (direct financial teaching and financial monitoring) and their money saving.

• Jezik: Angleški jezik
• Ključne besede: finance, money, money saving, financial litaracy, management, socialization, emerging adulthood, young adults, students, parents, Slovenia, motives for saving
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: FF - Filozofska fakulteta
• Leto izida: 2021
• Št. strani: [18] str.
• PID: 20.500.12556/RUL-131187
• UDK: [159.922.8-053.81]:336.722.14
• ISSN pri članku: 1573-3475
• DOI: 10.1007/s10834-021-09789-x
• COBISS.SI-ID: 76424451
• Datum objave v RUL: 23.09.2021

LEP, Žan, ZUPANČIČ, Maja in POREDOŠ, Mojca, 2021, Saving of freshmen and their parents in Slovenia : saving motives and links to parental financial socialization. Journal of family and economic issues [na spletu]. 2021. [Dostopano 11 april 2025]. DOI 10.1007/s10834-021-09789-x. Pridobljeno s: https://repozitorij.uni-lj.si/IzpisGradiva.php?lang=slv&id=131187

Gradivo je del revije

• Naslov: Journal of family and economic issues
• Skrajšan naslov: J. fam. econ. issues
• Založnik: Kluwer
• ISSN: 1573-3475
• COBISS.SI-ID: 513187609

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: finance, denar, varčevanje, finančna pismenost, upravljanje, socializacija, finančna socializacija, prehod v odraslost, mladi odrasli, študenti, starši, Slovenija

Projekti

• Financer: ARRS - Agencija za raziskovalno dejavnost Republike Slovenije
• Številka projekta: P5.0062
• Naslov: Uporabna razvojna psihologija