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Money Attitudes and Emotional Intelligence
Author(s) -
Engelberg Elisabeth,
Sjöberg Lennart
Publication year - 2006
Publication title -
journal of applied social psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.822
H-Index - 111
eISSN - 1559-1816
pISSN - 0021-9029
DOI - 10.1111/j.0021-9029.2006.00092.x
Subject(s) - psychology , social psychology , emotional intelligence , salient , sample (material) , test (biology) , scale (ratio) , orientation (vector space) , paleontology , chemistry , physics , geometry , mathematics , chromatography , quantum mechanics , artificial intelligence , computer science , biology
As the notion of money tends to be imbued with salient emotions, it is plausible that emotional intelligence (EI) has a bearing on the efficacy to cope with emotion‐eliciting issues involving money. The purpose of the present study was to investigate the extent to which money attitudes relate to EI. The study included a sample of 212 respondents who filled out a questionnaire with items of the Money Attitude Scale (MAS) developed by Yamauchi and Templer (1982). The questionnaire further contained a test of EI performance consisting of judging emotions in facial expressions, and of self‐report measures considered to be subscales of EI. Results suggested that high levels of EI imply a less pronounced orientation toward money and a greater sense of economic self‐efficacy. Furthermore, money orientation seemed to be linked to worse adjustment of work vs. family/leisure time.