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Presentation Type

Open Access Poster Presentation

Abstract

• Financial socialization from parents has been shown to have a positive impact on the financial situation of young adults. Developing positive attitudes about money is a strong indicator of future financial well-being (Utkarsh, 2020).

• Without financial literacy, there is a higher risk of debt, bankruptcy, uncertain healthcare, social security, and retirement funds. Starting financial education early can lay the foundation for more success in the future (McCormick, 2006).

Start Date

9-4-2024 9:00 AM

End Date

9-4-2024 9:50 AM

Faculty Advisor

Michael Gasser

Department

Department of Languages and Literatures

Department

Department of Psychology

Student Type

Undergraduate Student

Comments

This entry was a part of the following session:

  • Date: Tuesday, April 9, 2024
  • Time: 9:00 to 9:50 a.m.
  • Moderator: Adam Butler

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Apr 9th, 9:00 AM Apr 9th, 9:50 AM

Childhood Experiences with Finances and How They Affect Bargaining for Salary

• Financial socialization from parents has been shown to have a positive impact on the financial situation of young adults. Developing positive attitudes about money is a strong indicator of future financial well-being (Utkarsh, 2020).

• Without financial literacy, there is a higher risk of debt, bankruptcy, uncertain healthcare, social security, and retirement funds. Starting financial education early can lay the foundation for more success in the future (McCormick, 2006).