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Predictors of credit card use and perceived financial well‐being in female college students: a B razil‐ U nited S tates comparative study
Author(s) -
Braun Santos Danilo,
MendesDaSilva Wesley,
Flores Eduardo,
Norvilitis Jill M.
Publication year - 2016
Publication title -
international journal of consumer studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.775
H-Index - 71
eISSN - 1470-6431
pISSN - 1470-6423
DOI - 10.1111/ijcs.12234
Subject(s) - credit card , psychology , structural equation modeling , social psychology , finance , business , mathematics , statistics , payment
This article examines predictors of the financial well‐being of female college students living in São Paulo or New York, focusing upon the relationship with their credit card use behaviour. The results of structural equation models, based on 784 participants, suggest that financial self‐confidence and social comparison have an impact on the use of credit cards and exercise an influence on financial well‐being. Despite the fact that social comparison is more strongly predictive of credit card use among Brazilian women, credit card use behaviour has a greater impact on the well‐being of American women.