Personal Financial Planning: When Should You Start?
Devin C. Dorosh
Dr. Jason Lin, Faculty Mentor
Recent news articles have described a crisis in the personal finance habits of Americans. Young adults are accumulating large amounts of debt from student loans and credit cards. Older adults have jeopardized their financial future due to the lack of savings and investment. The major goal of this research was to determine how personal finance attitudes, habits and awareness differ between young adults who are just beginning to develop their personal finance practices and older adults who have established patterns of personal finance behaviors. This research uses a survey and statistical analysis to demonstrate these relationships.
Keywords: Personal Finance, debt, investment, saving, finance, business
Topic(s):Business Administration
Presentation Type: Oral Paper
Session: 51-3
Location: VH 1010
Time: 3:15 pm