Financial Beliefs, Feelings, and Behaviors

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Financial Beliefs, Feelings, and Behaviors

• Tuition Task Force
• Tahira K. Hira
• Associate Vice-Provost for Extension
• Iowa State University
• February 21, 2002

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Survey

• Average Age 22
• 51 Female
• 83 Never Married
• 89 White
• 61 Part-Time Jobs

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Credit Cards
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Average Indebtedness
5
Spending Behavior
6
Spending Behavior
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Spending Behavior
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Spending Behavior
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Feelings about Finances
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Feelings about Finances
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Satisfaction with Financial Situation
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Satisfaction with Financial Situation
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Students have control over

• Their Non-tuition spending
• Their Credit Card Balances (18 or more)
• Their Money Management Skills