Coming of age on a shoestring budget (Record no. 18110)

000 -LEADER
fixed length control field 02315nab a22002417ab4500
003 - CONTROL NUMBER IDENTIFIER
control field NY
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20170505160324.0
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 161001p xxu|||||o|||||00| 0 eng||
040 ## - CATALOGING SOURCE
Original cataloging agency NY
Transcribing agency NY
041 0# - LANGUAGE CODE
Language code of subtitles or captions eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name West, Stacia.
245 10 - TITLE STATEMENT
Title Coming of age on a shoestring budget
Medium [electronic resource] :
Remainder of title financial capability and financial behaviors of lower-income millennials /
Statement of responsibility, etc Stacia West, Terri Friedline.
300 ## - PHYSICAL DESCRIPTION
Extent pp. 305-312.
520 ## - SUMMARY, ETC.
Summary, etc Lower-income millennials make important financial decisions that may affect their future financial well-being. With limited resources, this population is at risk for acquiring too much debt or being unprepared for a financial emergency that can send them further into poverty and constrain their ability to leverage resources for future economic mobility. A financial capability approach, an intervention that combines financial education with financial inclusion through the use of a savings account, may correlate with millennials’ healthy financial behaviors. This study used data from the 2012 National Financial Capability Study to examine the relationship between financial capability and the financial behaviors of lower-income millennials between the ages of 18 and 34 years (N = 2,578). Compared with those lower-income millennials who were financially excluded, those who were financially capable were also 171 percent more likely to afford an unexpected expense, 182 percent more likely to save for emergencies, and 34 percent less likely to carry too much debt, relating to their greater overall financial satisfaction. The findings of this study indicate that interventions that develop lower-income millennials’ financial capability may be effective for promoting healthy financial behaviors.
530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE
Additional physical form available note Available online and in print.
538 ## - SYSTEM DETAILS NOTE
System details note Mode of access: Internet.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term debt, emergency savings, financial capability, low income, young adults
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Friedline, Terri.
773 0# - HOST ITEM ENTRY
Title Social work: Journal of National Association of Social Workers
Relationship information 2016, Vol. 61, No. 4
International Standard Serial Number 0037-8046 (print); 1545-6846 (online)
Record control number 106306
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://ezproxy01.ny.edu.hk:2048/login?url=https://doi.org/10.1093/sw/sww057
Public note Click here to access full-text article
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Koha item type E-Article

No items available.

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