The meaning of money revisited

Tang, Thomas Li‐Ping

doi:10.1002/job.4030130209

Cited by 378 publications

(445 citation statements)

References 9 publications

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“…Several measurements were developed to assess money attitude such as the Money Attitude Scale (MAS) of Yamauchi and Templer (1982), the Money Beliefs and Behaviors Scale of , the Money Ethic Scale of Tang (1992). However since in present study it was important to measure money attitude comprehensively, therefore the Furnham measurement was selected and money attitude assessed by adopting 6 dimensions of Money Beliefs and Behavior Scale (MBBS) of Furnham and to enhance the validity some of items were modified to the context of Malaysia.…”

Section: Money Attitudementioning

confidence: 99%

An Exploratory Study of Personal Financial Wellbeing Determinants: Examining the Moderating Effect of Gender

Falahati¹,

Sabri²

2015

ASS

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Financial educators have placed importance on the study of the determinants of financial wellbeing for some decades now. The subject of the research has comprised factors such as marital status, employment status, education, income and health, which impact on financial wellbeing. However, there is as yet, a lack of research on the perceived influence of differences in financial wellbeing between the genders, particularly within the Asian context. The present research evaluates the moderating effect of gender on the determinants of financial wellbeing among college students in Malaysia. Samples for this study comprised students in Malaysian universities. The multi stage stratified random sampling technique was utilized to select the respondents, while self-administered questionnaires were used to collect the data. Further, a multi-group analysis approach using AMOS was used in studying the influence of gender on financial wellbeing. The findings of the present research show that among college students, gender has a substantial moderating effect on the factors related to financial wellbeing.

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Section: Money Attitudementioning

confidence: 99%

An Exploratory Study of Personal Financial Wellbeing Determinants: Examining the Moderating Effect of Gender

Falahati¹,

Sabri²

2015

ASS

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“…Several measurements have been developed to estimate money attitudes, such as the Money Attitude Scale (MAS) of Yamauchi and Templer (1982), the Money Beliefs and Behaviors Scale of Furnham (1984), the Money Ethic Scale of Tang (1992) and the Money Script of Klontz et al (2011). Most measures of money attitudes include factors on success, achievement or status, in which money is pursued as the ultimate goal.…”

Section: Money-is-all Attitude: Definition and Measurementmentioning

confidence: 99%

“…Many scholars have concentrated on the pursuit of money as the ultimate goal. This is a pervasive symptom in modern, materialistic societies (Goldberg and Lewis, 1978;Yamauchi and Templer, 1982;Furnham, 1984;Tang, 1992). Although there is a weak relationship between money and happiness once household incomes exceed $75 000 per year (Kahneman and Deaton, 2010), many people still believe that more money will improve their lives (Klontz et al, 2008) and solve their problems (Csikszentmihalyi, 1999).…”

Section: Introductionmentioning

confidence: 99%

Does a money‐is‐all attitude cause alienation? A cross‐cultural comparison of Korea, the US and Sweden

Kim

2014

Int J Consumer Studies

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Money is increasingly being attributed more value in society, although a money-is-all attitude decreases social relationships and increases alienation in modern, industrialized societies. This research investigated the influence of this money-is-all attitude on alienation based on a cross-cultural comparison of Korea, the US and Sweden. The money-is-all attitude was defined as a perspective in which money is regarded as an indicator of achievement or success.Self-administered online surveys were conducted with consumers ranging between the ages of 20 to 49 in Korea, the US and Sweden. The money-is-all attitude and alienation seemed to be more pervasive in Korea than in the US or Sweden. The money-is-all attitude was the factor with the strongest influence on alienation when controlling for sociodemographic factors. Furthermore, participation in sports activities was an important factor in decreasing alienation levels. The findings of this research imply that materialistic ways of thinking increase alienation and that money cannot contribute to human happiness and well-being. In addition, active participation in social activities can decrease alienation.The research results suggest that a materialistic, money-is-all attitude negatively influences alienation across cultures; in addition, in the US, an affluent consumption-based country, the money-is-all attitude had more explanatory power for alienation than in Sweden and Korea. A change in values to overcome the money-is-all attitude is required and the concepts of sufficiency and mindfulness are suggested as alternative life perspectives for the pursuit of well-being.

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“…Several attempts have been made to develop a scale to measure money attitudes (Wernimont and Fitzpatrick 1972;Yamauchi and Templer 1982;Furnham 1984;Forman 1987;Tang 1992;). These studies proved that attitudes toward money are multidimensional.…”

Section: Introductionmentioning

confidence: 99%

Effects of gender on credit card usage among university students in Turkey

Çankaya

Ucal

O’Neil³

2011

Afr. J. Bus. Manage.

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In recent years, much has been written about credit card usage among university students. Despite a vast number of studies little has been written about credit card usage among university students in developing countries. This research surveyed university students in Turkey in an attempt to understand their uses of credit cards. In particular, we examined the impact of gender on credit card use. The literature on the impact of gender on credit card usage is a bit unsettled and this study seeks to add another dimension to the research in this area. Using both parametric and nonparametric measures we sought to isolate gender and tested whether or not it affects the ways that young people in Turkey use credit cards. The importance of this research centers on the portrait it provides of credit card usage among young people in a developing country as well as to pointing to factors that may influence future credit card use.

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The meaning of money revisited

Cited by 378 publications

References 9 publications

An Exploratory Study of Personal Financial Wellbeing Determinants: Examining the Moderating Effect of Gender

An Exploratory Study of Personal Financial Wellbeing Determinants: Examining the Moderating Effect of Gender

Does a money‐is‐all attitude cause alienation? A cross‐cultural comparison of Korea, the US and Sweden

Effects of gender on credit card usage among university students in Turkey

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