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Exploring Links between Health Perceptions and Financial Knowledge

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  • McLean-Meyinsse, Patricia E.
  • Lazard, Patrice V.
  • Taylor, Shervia S.

Abstract

Results from a random sample of 530 undergraduate students indicated that almost 50% of respondents ranked their health as being very good (30.2%) or excellent (19.6%) compared to 11.7% and 4.7%, respectively, who regarded their financial knowledge as being very good or excellent. Students who indicated that they were in excellent health were more likely to answer the financial quiz question on stock market risk correctly. Income and gender influenced the scores earned on the financial literacy quiz, but scores were invariant to age, academic classification, area of residence, household size, marital and work status, race, and health perceptions.

Suggested Citation

  • McLean-Meyinsse, Patricia E. & Lazard, Patrice V. & Taylor, Shervia S., 2018. "Exploring Links between Health Perceptions and Financial Knowledge," Journal of Food Distribution Research, Food Distribution Research Society, vol. 49(1), March.
    • Handle: RePEc:ags:jlofdr:274605
    DOI: 10.22004/ag.econ.274605
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    References listed on IDEAS

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    2. Maarten C.J. van Rooij & Annamaria Lusardi & Rob J.M. Alessie, 2012. "Financial Literacy, Retirement Planning and Household Wealth," Economic Journal, Royal Economic Society, vol. 122(560), pages 449-478, May.
    3. Jodi C. Letkiewicz & Jonathan J. Fox, 2014. "Conscientiousness, Financial Literacy, and Asset Accumulation of Young Adults," Journal of Consumer Affairs, Wiley Blackwell, vol. 48(2), pages 274-300, June.
    4. repec:ecj:econjl:v:122:y:2012:i::p:449-478 is not listed on IDEAS
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